Lockheed Martin 2nd Quarter 2012 Financial Results Conference Call slide image

Lockheed Martin 2nd Quarter 2012 Financial Results Conference Call

ţ Pension-Adjusted Earnings Per Share Lockheed Martin defines adjusted earnings per share as GAAP earnings per share excluding the effect of the FAS AS pension adjustment. Management uses these measures as an additional means to compare and forecast the company's operating performance before the effect of the FAS/CAS pension adjustment between periods and in comparison to that of other companies within our industry as an alternative to GAAP. Definitions of Non-GAAP Measures Pre-Pension Cash Flow Lockheed Martin defines pre-pension cash flow as GAAP cash from operations plus the cash amount contributed to pension trusts. Chart 16 July 24, 2012
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