XML 47 R29.htm IDEA: XBRL DOCUMENT
v3.8.0.1

SIGNIFICANT ACCOUNTING POLICY UPDATES (Details) | 3 Months Ended |
--- | --- | ---
Mar. 25, 2018 USD ($) contract $ / shares | Mar. 26, 2017 USD ($) $ / shares | Dec. 31, 2017 program
Disaggregation of Revenue [Line Items] |  |  |
Number of types of contracts | contract | 3 |  |
Performance obligation satisfied in previous period | $ 415,000,000 | $ 380,000,000 |
Additional charge for performance matter on EADGE-T, gross |  | 120,000,000 |
Additional charge for performance matter on EADGE-T, after tax |  | $ 74,000,000 |
Additional charge for performance matter on EADGE-T, after tax (in dollars per share) | $ / shares |  | $ 0.25 |
Cumulative losses, including reserves | 260,000,000 |  |
Customer receivables sold | 103,000,000 |  |
Gains or losses related to sales of receivables | 0 |  |
Contracts Accounted for under Percentage of Completion |  |  |
Disaggregation of Revenue [Line Items] |  |  |
Increase in operating profit due to profit rate adjustments | 420,000,000 | $ 295,000,000 |
Increase in net earnings due to profit rate adjustments | $ 332,000,000 | $ 192,000,000 |
Increase in diluted earnings per common share due to profit rate adjustments (in dollars per share) | $ / shares | $ 1.15 | $ 0.66 |
LM 2100 Project |  |  |
Disaggregation of Revenue [Line Items] |  |  |
Commercial satellite cumulative losses on development | $ 340,000,000 |  |
Commercial satellite losses on development | 35,000,000 |  |
Commercial satellite losses on development, after tax | $ 26,000,000 |  |
Commercial satellite losses on development, after tax (in dollars per share) | $ / shares | $ 0.09 |  |
Space |  |  |
Disaggregation of Revenue [Line Items] |  |  |
Number of commercial satellite programs with performance issues | program |  |  | 2

X
- Definition Estimated Cumulative Losses + References No definition available. + Details
Name: | lmt_EstimatedCumulativeLosses
Namespace Prefix: | lmt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Estimated cumulative losses including reserves. + References No definition available. + Details
Name: | lmt_EstimatedCumulativeLossesIncludingReserves
Namespace Prefix: | lmt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Increase (decrease) in net earnings due to favorable/unfavorable profit rate adjustments. + References No definition available. + Details
Name: | lmt_IncreaseDecreaseInNetIncomeLoss
Namespace Prefix: | lmt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Increase (decrease) in diluted earnings per share due to favorable/unfavorable profit rate adjustments. + References No definition available. + Details
Name: | lmt_IncreaseDecreaseInNetIncomeLossPerShareDiluted
Namespace Prefix: | lmt_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Increase (decrease) in operating profit due to favorable/unfavorable profit rate adjustments. + References No definition available. + Details
Name: | lmt_IncreaseDecreaseInOperatingIncomeLoss
Namespace Prefix: | lmt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Number Of Commercial Satellite Programs With Performance Issues + References No definition available. + Details
Name: | lmt_NumberOfCommercialSatelliteProgramsWithPerformanceIssues
Namespace Prefix: | lmt_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Research And Development Expense, After Tax + References No definition available. + Details
Name: | lmt_ResearchAndDevelopmentExpenseAfterTax
Namespace Prefix: | lmt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Research And Development Expense, After Tax, Per Share + References No definition available. + Details
Name: | lmt_ResearchAndDevelopmentExpenseAfterTaxPerShare
Namespace Prefix: | lmt_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Revenue from Contract with Customer, Number Of Contract Types + References No definition available. + Details
Name: | lmt_RevenuefromContractwithCustomerNumberOfContractTypes
Namespace Prefix: | lmt_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Valuation allowances and reserves charged to cost and expense earnings per share. + References No definition available. + Details
Name: | lmt_ValuationAllowancesAndReservesChargedToCostAndExpenseEarningsPerShare
Namespace Prefix: | lmt_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Valuation allowances and reserves charged to cost and expense, net of tax. + References No definition available. + Details
Name: | lmt_ValuationAllowancesAndReservesChargedToCostAndExpenseNetOfTax
Namespace Prefix: | lmt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of revenue recognized from performance obligation satisfied or partially satisfied in previous reporting periods. Includes, but is not limited to, change in transaction price. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84173487&loc=SL51747714-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=82913847&loc=SL49130549-203045 + Details
Name: | us-gaap_ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DisaggregationOfRevenueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of any significant sales of financing receivables during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableSignificantSales
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reflects the net positive or negative amount derived from subtracting from net proceeds of sale, the carrying amounts, net of allocated reserves, of accounts receivable transferred to a third party in a transaction that qualifies for sales treatment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=82924980&loc=d3e107425-111719 + Details
Name: | us-gaap_GainLossOnSaleOfAccountsReceivable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 730 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6420194&loc=d3e21568-108373 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756 + Details
Name: | us-gaap_ResearchAndDevelopmentExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of increase in the allowances and reserves, which consist of the valuation and qualifying accounts that are either netted against the cost of an asset or that reflect a liability established to represent expected future costs, from charges to costs and expenses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24092-122690 + Details
Name: | us-gaap_ValuationAllowancesAndReservesChargedToCostAndExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_ChangeInAccountingEstimateByTypeAxis=us-gaap_ContractsAccountedForUnderPercentageOfCompletionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationByPropertyOrProjectAxis=lmt_LM2100ProjectMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=lmt_SpaceSystemsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |