Retirement and nonpension postretirement benefit obligations
Northrop Grumman Retirement and nonpension postretirement benefit obligations decreased by 1.4% to $1.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.8%, from $1.12B to $1.10B. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -29.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests rising long-term benefit obligations or lower plan asset performance, while a decrease indicates reduced future liability or improved funding status.
Detailed definition
This represents the long-term financial obligations a company expects to pay to retired employees for pension benefits a...
Peer comparison
Standard across capital-intensive industries with legacy workforces; peers often disclose this as part of net periodic benefit cost.
non_current_liabilities_pension_and_other_postretirement_0d4947Historical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.94B | $5.67B | $3.27B | $2.98B | $2.69B | $2.41B | $1.19B | $1.17B | $1.16B | $1.15B | $1.29B | $1.25B | $1.21B | $1.19B | $1.12B | $1.12B | $1.11B | $1.10B | $1.11B | $1.10B |
| QoQ Change | — | -4.6% | -42.3% | -8.9% | -9.6% | -10.7% | -50.6% | -1.3% | -1.0% | -1.2% | +12.5% | -3.1% | -3.1% | -2.1% | -5.6% | -0.4% | -0.6% | -0.7% | +0.9% | -1.4% |
| YoY Change | — | — | — | — | -54.7% | -57.6% | -63.7% | -60.6% | -56.9% | -52.3% | +8.6% | +6.6% | +4.3% | +3.4% | -13.2% | -10.8% | -8.5% | -7.3% | -0.9% | -1.8% |
Retirement and nonpension postretirement benefit obligations at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's retirement and nonpension postretirement benefit obligations?
- Northrop Grumman (NOC) reported retirement and nonpension postretirement benefit obligations of $1.10B in Q1 2026.
- How has Northrop Grumman's retirement and nonpension postretirement benefit obligations changed year-over-year?
- Northrop Grumman's retirement and nonpension postretirement benefit obligations decreased by 1.8% year-over-year, from $1.12B to $1.10B.
- What is the long-term trend for Northrop Grumman's retirement and nonpension postretirement benefit obligations?
- Over 5 years (2020 to 2025), Northrop Grumman's retirement and nonpension postretirement benefit obligations has grown at a -29.8% compound annual growth rate (CAGR), from $6.50B to $1.11B.
- What does retirement and nonpension postretirement benefit obligations mean?
- The estimated long-term cost of providing pension and healthcare benefits to retired employees.