10-Q Filing

L3HARRIS TECHNOLOGIES, INC. /DE/ CIK: 202058 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000202058-20-000053`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	hrs-20200703_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 98 Cash Flow Statement 78 Stockholders Equity 47 Comprehensive Income 36

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$824.00M	USD	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.95B	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Receivables	`AccountsReceivableNetCurrent`	$1.15B	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Receivables	`AccountsReceivableNetCurrent`	$1.22B	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$2.28B	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$2.46B	USD	Point-in-time
Inventories	`InventoryNet`	$1.22B	USD	Point-in-time
Inventories	`InventoryNet`	$859.00M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$203.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	218.23M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	216.09M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$202.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$400.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$392.00M	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	218.23M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	216.09M	shares	Point-in-time
Assets of disposal groups held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Assets of disposal groups held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$88.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.93B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.31B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$2.02B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$2.12B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$837.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$890.00M	USD	Point-in-time
Goodwill	`Goodwill`	$19.02B	USD	Point-in-time
Goodwill	`Goodwill`	$20.00B	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$8.46B	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$8.34B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$102.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$120.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$509.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$550.00M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$32.02B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$30.93B	USD	Point-in-time
Total assets	`Assets`	$38.34B	USD	Point-in-time
Total assets	`Assets`	$37.85B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$2.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$3.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.09B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.26B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.21B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.11B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$460.00M	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$423.00M	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$1.22B	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$790.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$57.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$24.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$666.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$257.00M	USD	Point-in-time
Liabilities of disposal groups held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$21.00M	USD	Point-in-time
Liabilities of disposal groups held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.01B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.59B	USD	Point-in-time
Defined benefit plans	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$1.82B	USD	Point-in-time
Defined benefit plans	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$1.66B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$781.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$773.00M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$6.27B	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$6.69B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.48B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.47B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$863.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$808.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$11.04B	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$11.58B	USD	Point-in-time
Preferred stock, without par value; 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, without par value; 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 216,087,421 shares at July 3, 2020 and 218,226,614 shares at January 3, 2020	`CommonStockValue`	$216.00M	USD	Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 216,087,421 shares at July 3, 2020 and 218,226,614 shares at January 3, 2020	`CommonStockValue`	$218.00M	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$20.69B	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$20.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.25B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.18B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-624.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-508.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$22.59B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$22.10B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$157.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$124.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.74B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.23B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$38.34B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$37.85B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.59B	USD	2 Qtrs
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.86B	USD	1 Quarter
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.07B	USD	2 Qtrs
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.45B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$1.22B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$3.17B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$6.47B	USD	2 Qtrs
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$2.36B	USD	2 Qtrs
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$349.00M	USD	1 Quarter
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.72B	USD	2 Qtrs
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$904.00M	USD	1 Quarter
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$659.00M	USD	2 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$70.00M	USD	1 Quarter
Impairment of goodwill and other assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$394.00M	USD	2 Qtrs
Non-operating income	`OtherNonoperatingIncome`	$200.00M	USD	2 Qtrs
Non-operating income	`OtherNonoperatingIncome`	$48.00M	USD	1 Quarter
Non-operating income	`OtherNonoperatingIncome`	$94.00M	USD	2 Qtrs
Non-operating income	`OtherNonoperatingIncome`	$105.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$68.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$82.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$136.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$39.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$557.00M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$585.00M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$302.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$336.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$73.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$84.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$33.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$58.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$512.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$473.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$278.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$269.00M	USD	1 Quarter
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.00M	USD	2 Qtrs
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.00M	USD	1 Quarter
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.00M	USD	2 Qtrs
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$278.00M	USD	1 Quarter
Net income	`ProfitLoss`	$472.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$194.00M	USD	1 Quarter
Net income	`ProfitLoss`	$511.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$243.00M	USD	1 Quarter
Net income	`ProfitLoss`	$268.00M	USD	1 Quarter
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$-28.00M	USD	2 Qtrs
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$-5.00M	USD	1 Quarter
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$511.00M	USD	2 Qtrs
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$268.00M	USD	1 Quarter
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$283.00M	USD	1 Quarter
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$500.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$501.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$283.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$269.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$512.00M	USD	2 Qtrs
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	2 Qtrs
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	2 Qtrs
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.31	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.26	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.32	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.31	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.32	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.31	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.26	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.30	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.23	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.30	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.21	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.29	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.28	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.30	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.22	USD	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	215.90M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	216.70M	shares	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.30M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.10M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	218.70M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	217.80M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.10M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.70M	shares	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$278.00M	USD	1 Quarter
Net income	`ProfitLoss`	$472.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$194.00M	USD	1 Quarter
Net income	`ProfitLoss`	$511.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$243.00M	USD	1 Quarter
Net income	`ProfitLoss`	$268.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$129.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$515.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$29.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$40.00M	USD	2 Qtrs
Share-based matching contributions under defined contribution plans	`DefinedContributionsPlan401kContributionsByEmployer`	$122.00M	USD	2 Qtrs
Share-based matching contributions under defined contribution plans	`DefinedContributionsPlan401kContributionsByEmployer`	$42.00M	USD	2 Qtrs
Qualified pension plan contributions	`DefinedBenefitPlanQualifiedContributionsByEmployer`	$1.00M	USD	2 Qtrs
Qualified pension plan contributions	`DefinedBenefitPlanQualifiedContributionsByEmployer`	$4.00M	USD	2 Qtrs
Pension and other postretirement benefit plan income	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-74.00M	USD	2 Qtrs
Pension and other postretirement benefit plan income	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-160.00M	USD	2 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$70.00M	USD	1 Quarter
Impairment of goodwill and other assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$394.00M	USD	2 Qtrs
Divestiture-related losses	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Divestiture-related losses	`GainLossOnSaleOfBusiness`	$-52.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-109.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$41.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-19.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$59.00M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-22.00M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-43.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-175.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-13.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-116.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.00M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-80.00M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$17.00M	USD	2 Qtrs
Compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-29.00M	USD	2 Qtrs
Compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$33.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-96.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$92.00M	USD	2 Qtrs
Other accrued items	`IncreaseDecreaseInOtherAccruedLiabilities`	$-10.00M	USD	2 Qtrs
Other accrued items	`IncreaseDecreaseInOtherAccruedLiabilities`	$-60.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-47.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-24.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.33B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$716.00M	USD	2 Qtrs
Net additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$108.00M	USD	2 Qtrs
Net additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$94.00M	USD	2 Qtrs
Proceeds from sales of businesses, net	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Proceeds from sales of businesses, net	`ProceedsFromDivestitureOfBusinesses`	$963.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$10.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-92.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$845.00M	USD	2 Qtrs
Net proceeds from borrowings	`ProceedsFromBorrowings`	$1.00M	USD	2 Qtrs
Net proceeds from borrowings	`ProceedsFromBorrowings`	$248.00M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$305.00M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$254.00M	USD	2 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$37.00M	USD	2 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$32.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$700.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$162.00M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$367.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-439.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.04B	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$187.00M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.12B	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$343.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.95B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$530.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$824.00M	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$343.00M	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.95B	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$530.00M	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$824.00M	USD	Point-in-time

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.74B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.03B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
Net income	`ProfitLoss`	$278.00M	USD	1 Quarter
Net income	`ProfitLoss`	$472.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$194.00M	USD	1 Quarter
Net income	`ProfitLoss`	$511.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$243.00M	USD	1 Quarter
Net income	`ProfitLoss`	$268.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-490.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-141.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-496.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-120.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$21.00M	USD	1 Quarter
Net gain from postretirement obligations, hedging derivatives and foreign currency translation reclassified to earnings	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-6.00M	USD	1 Quarter
Net gain from postretirement obligations, hedging derivatives and foreign currency translation reclassified to earnings	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-4.00M	USD	2 Qtrs
Net gain from postretirement obligations, hedging derivatives and foreign currency translation reclassified to earnings	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$2.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$25.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$33.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$4.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$7.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$23.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$20.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$51.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$71.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$700.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$81.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$183.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$81.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$184.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$1.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.74B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.03B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$278.00M	USD	1 Quarter
Net income	`ProfitLoss`	$472.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$194.00M	USD	1 Quarter
Net income	`ProfitLoss`	$511.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$243.00M	USD	1 Quarter
Net income	`ProfitLoss`	$268.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-60.00M	USD	2 Qtrs
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.00M	USD	2 Qtrs
Net unrealized gain (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$13.00M	USD	1 Quarter
Net unrealized gain (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-11.00M	USD	1 Quarter
Net unrealized gain (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-19.00M	USD	2 Qtrs
Net unrealized gain (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-60.00M	USD	2 Qtrs
Net unrecognized gain (loss) on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$478.00M	USD	2 Qtrs
Net unrecognized gain (loss) on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$477.00M	USD	1 Quarter
Net unrecognized gain (loss) on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Net unrecognized gain (loss) on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-490.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-141.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-496.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-120.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$21.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-222.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.00M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$299.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$352.00M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-28.00M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-5.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$304.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$15.00M	USD	2 Qtrs
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$-222.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$380.00M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.