10-Q Filing

L3HARRIS TECHNOLOGIES, INC. /DE/ CIK: 202058 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000202058-23-000047`
Period End Date	20230630
Filing Date	20230726
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	hrs-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 64 Cash Flow Statement 98 Stockholders Equity 52 Comprehensive Income 36

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$880.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$366.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$40.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$35.00M	USD	Point-in-time
Receivables, net of allowances for collection losses of $35 and $40, respectively	`AccountsReceivableNetCurrent`	$1.25B	USD	Point-in-time
Receivables, net of allowances for collection losses of $35 and $40, respectively	`AccountsReceivableNetCurrent`	$1.38B	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
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$3.16B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$2.99B	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Inventories	`InventoryNet`	$1.55B	USD	Point-in-time
Inventories	`InventoryNet`	$1.29B	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$40.00M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$48.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	189.09M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$334.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	190.61M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$258.00M	USD	Point-in-time
Assets of business held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	189.09M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	190.61M	shares	Point-in-time
Assets of business held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$47.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.75B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.85B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.19B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.10B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$725.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$756.00M	USD	Point-in-time
Goodwill	`Goodwill`	$17.28B	USD	Point-in-time
Goodwill	`Goodwill`	$18.42B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.40B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.00B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$84.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$73.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$699.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$553.00M	USD	Point-in-time
Total assets	`Assets`	$33.52B	USD	Point-in-time
Total assets	`Assets`	$35.36B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$582.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$2.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.95B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.03B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.40B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.65B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$389.00M	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$398.00M	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$935.00M	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$818.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$365.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$376.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$818.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$361.00M	USD	Point-in-time
Liabilities of business held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$19.00M	USD	Point-in-time
Liabilities of business held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.31B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.78B	USD	Point-in-time
Defined benefit plans	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$262.00M	USD	Point-in-time
Defined benefit plans	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$184.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$714.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$741.00M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$7.87B	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$6.22B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$719.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$452.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.30B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.18B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.83B	USD	Point-in-time
Total liabilities	`Liabilities`	$14.90B	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 189,085,602 and 190,611,458 shares at June 30, 2023 and December 30, 2022, respectively	`CommonStockValue`	$189.00M	USD	Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,085,602 and 190,611,458 shares at June 30, 2023 and December 30, 2022, respectively	`CommonStockValue`	$191.00M	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$15.39B	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$15.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.94B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.11B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-288.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-263.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$18.43B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$18.52B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$103.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$101.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.53B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.32B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.62B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.37B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.41B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$35.36B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$33.52B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.24B	USD	2 Qtrs
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.16B	USD	2 Qtrs
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.13B	USD	1 Quarter
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.69B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$5.77B	USD	2 Qtrs
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$2.91B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$6.76B	USD	2 Qtrs
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$3.48B	USD	1 Quarter
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.49B	USD	2 Qtrs
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$783.00M	USD	1 Quarter
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.56B	USD	2 Qtrs
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$744.00M	USD	1 Quarter
Business divestiture-related gains, net	`GainLossOnSaleOfBusiness`	$26.00M	USD	1 Quarter
Business divestiture-related gains, net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Business divestiture-related gains, net	`GainLossOnSaleOfBusiness`	$26.00M	USD	2 Qtrs
Business divestiture-related gains, net	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Impairment of other assets	`AssetImpairmentCharges`	$60.00M	USD	1 Quarter
Impairment of other assets	`AssetImpairmentCharges`	$78.00M	USD	2 Qtrs
Impairment of other assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of other assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$108.00M	USD	1 Quarter
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$165.00M	USD	2 Qtrs
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$83.00M	USD	1 Quarter
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$214.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-135.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-213.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-67.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-111.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$372.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.06B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$525.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$745.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$55.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$55.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$116.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$21.00M	USD	1 Quarter
Net income	`ProfitLoss`	$470.00M	USD	1 Quarter
Net income	`ProfitLoss`	$690.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$351.00M	USD	1 Quarter
Net income	`ProfitLoss`	$945.00M	USD	2 Qtrs
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$349.00M	USD	1 Quarter
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$471.00M	USD	1 Quarter
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$686.00M	USD	2 Qtrs
Net income attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$946.00M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.61	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.91	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.84	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.60	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.86	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.20M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	192.10M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.70M	shares	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	192.60M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.50M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.10M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.70M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.00M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$470.00M	USD	1 Quarter
Net income	`ProfitLoss`	$690.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$351.00M	USD	1 Quarter
Net income	`ProfitLoss`	$945.00M	USD	2 Qtrs
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$338.00M	USD	2 Qtrs
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$303.00M	USD	2 Qtrs
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$151.00M	USD	1 Quarter
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$173.00M	USD	1 Quarter
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$168.00M	USD	2 Qtrs
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$162.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$45.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$69.00M	USD	2 Qtrs
Share-based matching contributions under defined contribution plans	`DefinedContributionsPlan401kContributionsByEmployer`	$121.00M	USD	2 Qtrs
Share-based matching contributions under defined contribution plans	`DefinedContributionsPlan401kContributionsByEmployer`	$113.00M	USD	2 Qtrs
Pension and other postretirement benefit plan income	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-141.00M	USD	2 Qtrs
Pension and other postretirement benefit plan income	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-198.00M	USD	2 Qtrs
Impairment of other assets	`AssetImpairmentCharges`	$60.00M	USD	1 Quarter
Impairment of other assets	`AssetImpairmentCharges`	$78.00M	USD	2 Qtrs
Impairment of other assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of other assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Business divestiture-related gain, net	`GainLossOnSaleOfBusiness`	$26.00M	USD	1 Quarter
Business divestiture-related gain, net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Business divestiture-related gain, net	`GainLossOnSaleOfBusiness`	$26.00M	USD	2 Qtrs
Business divestiture-related gain, net	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Gain on sale of asset group	`GainLossOnSaleOfOtherAssets`	$8.00M	USD	1 Quarter
Gain on sale of asset group	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Gain on sale of asset group	`GainLossOnSaleOfOtherAssets`	-	USD	2 Qtrs
Gain on sale of asset group	`GainLossOnSaleOfOtherAssets`	$8.00M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$243.00M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$326.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$146.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$105.00M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$25.00M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$159.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$99.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$259.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-31.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$67.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-44.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$23.00M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-21.00M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$220.00M	USD	2 Qtrs
Compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-63.00M	USD	2 Qtrs
Compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.00M	USD	2 Qtrs
Other accrued items	`IncreaseDecreaseInOtherAccruedLiabilities`	$-103.00M	USD	2 Qtrs
Other accrued items	`IncreaseDecreaseInOtherAccruedLiabilities`	$-3.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$376.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$10.00M	USD	2 Qtrs
Other operating activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$76.00M	USD	2 Qtrs
Other operating activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$18.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$788.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$764.00M	USD	2 Qtrs
Net cash paid for acquired business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Net cash paid for acquired business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.97B	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$164.00M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$117.00M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment, net	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from sale of property, plant and equipment, net	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.00M	USD	2 Qtrs
Proceeds from sales of businesses, net	`ProceedsFromDivestitureOfBusinesses`	$2.00M	USD	2 Qtrs
Proceeds from sales of businesses, net	`ProceedsFromDivestitureOfBusinesses`	$71.00M	USD	2 Qtrs
Proceeds from sale of asset group, net	`ProceedsFromSaleOfOtherProductiveAssets`	$18.00M	USD	2 Qtrs
Proceeds from sale of asset group, net	`ProceedsFromSaleOfOtherProductiveAssets`	-	USD	2 Qtrs
Cash used for equity investments	`PaymentsToAcquireEquityMethodInvestments`	$30.00M	USD	2 Qtrs
Cash used for equity investments	`PaymentsToAcquireEquityMethodInvestments`	$9.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-121.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.07B	USD	2 Qtrs
Proceeds from borrowings, net of issuance cost	`ProceedsFromDebtNetOfIssuanceCosts`	$7.00M	USD	2 Qtrs
Proceeds from borrowings, net of issuance cost	`ProceedsFromDebtNetOfIssuanceCosts`	$2.25B	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$1.06B	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$10.00M	USD	2 Qtrs
Change in commercial paper, net	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	2 Qtrs
Change in commercial paper, net	`ProceedsFromRepaymentsOfCommercialPaper`	$579.00M	USD	2 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$13.00M	USD	2 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$34.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$518.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$729.00M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$435.00M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$436.00M	USD	2 Qtrs
Tax withholding payments associated with vested share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$38.00M	USD	2 Qtrs
Tax withholding payments associated with vested share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$794.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.17B	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`	$-14.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-514.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-521.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$420.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$941.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$880.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$420.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$941.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$880.00M	USD	Point-in-time

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.24	USD	2 Qtrs
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.14	USD	1 Quarter
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.12	USD	1 Quarter
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.28	USD	2 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.53B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.62B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.37B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.41B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$470.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$690.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$351.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$945.00M	USD	2 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$25.00M	USD	2 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-82.00M	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$25.00M	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-86.00M	USD	2 Qtrs
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.00M	USD	2 Qtrs
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$34.00M	USD	2 Qtrs
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$58.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$121.00M	USD	2 Qtrs
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$64.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$113.00M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.00M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$69.00M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$41.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.00M	USD	1 Quarter
Tax withholding payments on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$38.00M	USD	2 Qtrs
Tax withholding payments on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.00M	USD	1 Quarter
Tax withholding payments on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.00M	USD	1 Quarter
Tax withholding payments on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	2 Qtrs
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$421.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$122.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$518.00M	USD	2 Qtrs
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$729.00M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$217.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$435.00M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$216.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$436.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$2.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$3.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$5.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.53B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.62B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.37B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.41B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$470.00M	USD	1 Quarter
Net income	`ProfitLoss`	$690.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$351.00M	USD	1 Quarter
Net income	`ProfitLoss`	$945.00M	USD	2 Qtrs
Foreign currency translation income (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$35.00M	USD	2 Qtrs
Foreign currency translation income (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-73.00M	USD	1 Quarter
Foreign currency translation income (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-76.00M	USD	2 Qtrs
Foreign currency translation income (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$28.00M	USD	1 Quarter
Net unrealized income (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-7.00M	USD	1 Quarter
Net unrealized income (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$9.00M	USD	2 Qtrs
Net unrealized income (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-2.00M	USD	2 Qtrs
Net unrealized income (loss) on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$4.00M	USD	1 Quarter
Other comprehensive income (loss), recognized during the period	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$32.00M	USD	1 Quarter
Other comprehensive income (loss), recognized during the period	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$44.00M	USD	2 Qtrs
Other comprehensive income (loss), recognized during the period	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-78.00M	USD	2 Qtrs
Other comprehensive income (loss), recognized during the period	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-80.00M	USD	1 Quarter
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$8.00M	USD	2 Qtrs
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$19.00M	USD	2 Qtrs
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$2.00M	USD	1 Quarter
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$7.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$25.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-82.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$25.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-86.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$388.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$859.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$715.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$376.00M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Total comprehensive income attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$374.00M	USD	1 Quarter
Total comprehensive income attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$389.00M	USD	1 Quarter
Total comprehensive income attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$860.00M	USD	2 Qtrs
Total comprehensive income attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$711.00M	USD	2 Qtrs

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