10-Q Filing

L3HARRIS TECHNOLOGIES, INC. /DE/ CIK: 202058 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000202058-23-000057`
Period End Date	20230930
Filing Date	20231027
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	hrs-20230929_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 64 Cash Flow Statement 94 Stockholders Equity 50 Comprehensive Income 36

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$880.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$499.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$24.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$40.00M	USD	Point-in-time
Receivables, net of allowances for collection losses of $24 and $40, respectively	`AccountsReceivableNetCurrent`	$1.25B	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
Receivables, net of allowances for collection losses of $24 and $40, respectively	`AccountsReceivableNetCurrent`	$1.38B	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
Contract assets	`ContractWithCustomerAssetNetCurrent`	$3.48B	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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
Inventories	`InventoryNet`	$1.64B	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`	$43.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$258.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$463.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	189.44M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	190.61M	shares	Point-in-time
Assets of business held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$47.00M	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	190.61M	shares	Point-in-time
Assets of business held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	189.44M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.75B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.50B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.10B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.82B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$758.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$756.00M	USD	Point-in-time
Goodwill	`Goodwill`	$20.74B	USD	Point-in-time
Goodwill	`Goodwill`	$17.28B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.00B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.05B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$73.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$87.00M	USD	Point-in-time
Recoverable environmental remediation costs	`RecordedThirdPartyEnvironmentalRecoveriesNoncurrent`	$382.00M	USD	Point-in-time
Recoverable environmental remediation costs	`RecordedThirdPartyEnvironmentalRecoveriesNoncurrent`	-	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$961.00M	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`	$42.29B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$2.03B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$2.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.95B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.94B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.40B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$461.00M	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$398.00M	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$1.19B	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$818.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$383.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$376.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$363.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$818.00M	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`	$8.48B	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`	$404.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$736.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$741.00M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$6.22B	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$11.14B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$812.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$719.00M	USD	Point-in-time
Reserves for environmental remediation costs	`AccruedEnvironmentalLossContingenciesNoncurrent`	$107.00M	USD	Point-in-time
Reserves for environmental remediation costs	`AccruedEnvironmentalLossContingenciesNoncurrent`	$524.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.48B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$14.90B	USD	Point-in-time
Total liabilities	`Liabilities`	$23.58B	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 189,439,991 and 190,611,458 shares at September 29, 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 189,439,991 and 190,611,458 shares at September 29, 2023 and December 30, 2022, respectively	`CommonStockValue`	$191.00M	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$15.68B	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$15.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.94B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.28B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-288.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-321.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$18.52B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$18.62B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$100.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$101.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.44B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.53B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.72B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.32B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.62B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$42.29B	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`	$4.25B	USD	1 Quarter
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.08B	USD	3 Qtrs
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.92B	USD	1 Quarter
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.48B	USD	3 Qtrs
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$8.82B	USD	3 Qtrs
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$3.61B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$3.05B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$10.37B	USD	3 Qtrs
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$828.00M	USD	1 Quarter
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.24B	USD	3 Qtrs
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.38B	USD	3 Qtrs
Engineering, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$742.00M	USD	1 Quarter
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	$26.00M	USD	3 Qtrs
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	$8.00M	USD	3 Qtrs
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$78.00M	USD	3 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$802.00M	USD	3 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$802.00M	USD	1 Quarter
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$313.00M	USD	3 Qtrs
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$99.00M	USD	1 Quarter
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$80.00M	USD	1 Quarter
Non-operating income, net	`OtherNonoperatingIncomeExpense`	$245.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-372.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-70.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-205.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-159.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-321.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$740.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$400.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.15B	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$96.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$18.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$-20.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$73.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$382.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$644.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-301.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.07B	USD	3 Qtrs
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Noncontrolling interests, net of income taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	3 Qtrs
Net income (loss) attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$-300.00M	USD	1 Quarter
Net income (loss) attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$1.07B	USD	3 Qtrs
Net income (loss) attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$383.00M	USD	1 Quarter
Net income (loss) attributable to L3Harris Technologies, Inc.	`NetIncomeLoss`	$646.00M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.56	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.36	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.64	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.61	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.56	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.33	USD	3 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	191.30M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.60M	shares	3 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	192.20M	shares	3 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.30M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.30M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.00M	shares	3 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.60M	shares	3 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.10M	shares	1 Quarter

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$382.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$644.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-301.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.07B	USD	3 Qtrs
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$546.00M	USD	3 Qtrs
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$151.00M	USD	1 Quarter
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$454.00M	USD	3 Qtrs
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$208.00M	USD	1 Quarter
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$243.00M	USD	3 Qtrs
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$270.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$67.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$92.00M	USD	3 Qtrs
Share-based matching contributions under defined contribution plans	`DefinedContributionsPlan401kContributionsByEmployer`	$172.00M	USD	3 Qtrs
Share-based matching contributions under defined contribution plans	`DefinedContributionsPlan401kContributionsByEmployer`	$161.00M	USD	3 Qtrs
Pension and other postretirement benefit plan income	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-297.00M	USD	3 Qtrs
Pension and other postretirement benefit plan income	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-209.00M	USD	3 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$78.00M	USD	3 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$802.00M	USD	3 Qtrs
Impairment of goodwill and other assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of goodwill and other assets	`AssetImpairmentCharges`	$802.00M	USD	1 Quarter
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	$26.00M	USD	3 Qtrs
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	$8.00M	USD	3 Qtrs
Sale of asset group and business divestiture-related gains, net	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$454.00M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$277.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$-53.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$93.00M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$136.00M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$111.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$357.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$195.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$87.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-26.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$312.00M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$202.00M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-133.00M	USD	3 Qtrs
Compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-95.00M	USD	3 Qtrs
Compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-55.00M	USD	3 Qtrs
Other accrued items	`IncreaseDecreaseInOtherAccruedLiabilities`	$2.00M	USD	3 Qtrs
Other accrued items	`IncreaseDecreaseInOtherAccruedLiabilities`	$-27.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$15.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$259.00M	USD	3 Qtrs
Other operating activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$138.00M	USD	3 Qtrs
Other operating activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$71.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.31B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.38B	USD	3 Qtrs
Net cash paid for acquired businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Net cash paid for acquired businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.69B	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$181.00M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$312.00M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment, net	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment, net	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sales of businesses, net	`ProceedsFromDivestitureOfBusinesses`	$5.00M	USD	3 Qtrs
Proceeds from sales of businesses, net	`ProceedsFromDivestitureOfBusinesses`	$71.00M	USD	3 Qtrs
Proceeds from sale of asset group, net	`ProceedsFromSaleOfOtherProductiveAssets`	$18.00M	USD	3 Qtrs
Proceeds from sale of asset group, net	`ProceedsFromSaleOfOtherProductiveAssets`	-	USD	3 Qtrs
Cash used for equity investments	`PaymentsToAcquireEquityMethodInvestments`	$47.00M	USD	3 Qtrs
Cash used for equity investments	`PaymentsToAcquireEquityMethodInvestments`	$11.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.94B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-188.00M	USD	3 Qtrs
Proceeds from borrowings, net of issuance cost	`ProceedsFromDebtNetOfIssuanceCosts`	$5.00M	USD	3 Qtrs
Proceeds from borrowings, net of issuance cost	`ProceedsFromDebtNetOfIssuanceCosts`	$7.57B	USD	3 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$3.16B	USD	3 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$12.00M	USD	3 Qtrs
Change in commercial paper, net	`ProceedsFromRepaymentsOfCommercialPaper`	$2.03B	USD	3 Qtrs
Change in commercial paper, net	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	3 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$18.00M	USD	3 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$40.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$518.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$900.00M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$652.00M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$650.00M	USD	3 Qtrs
Tax withholding payments associated with vested share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	3 Qtrs
Tax withholding payments associated with vested share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$44.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.25B	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.57B	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-34.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.00M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-381.00M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-412.00M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$499.00M	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`	$880.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$529.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$499.00M	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`	$880.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$529.00M	USD	Point-in-time

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.12	USD	1 Quarter
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$3.42	USD	3 Qtrs
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.14	USD	1 Quarter
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$3.36	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.44B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.53B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.72B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.62B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$382.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$644.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-301.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.07B	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-220.00M	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-134.00M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-33.00M	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-58.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$40.00M	USD	3 Qtrs
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.00M	USD	3 Qtrs
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$51.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$172.00M	USD	3 Qtrs
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$48.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$161.00M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$92.00M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$67.00M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.00M	USD	1 Quarter
Tax withholding payments on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	3 Qtrs
Tax withholding payments on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	1 Quarter
Tax withholding payments on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$44.00M	USD	3 Qtrs
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$171.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$900.00M	USD	3 Qtrs
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$518.00M	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$215.00M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$650.00M	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$652.00M	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$216.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$6.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$3.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$1.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.44B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.53B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.72B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.62B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$382.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$644.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-301.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.07B	USD	3 Qtrs
Foreign currency translation loss, net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-45.00M	USD	1 Quarter
Foreign currency translation loss, net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-120.00M	USD	1 Quarter
Foreign currency translation loss, net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-10.00M	USD	3 Qtrs
Foreign currency translation loss, net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-196.00M	USD	3 Qtrs
Net unrealized (loss) income on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-12.00M	USD	1 Quarter
Net unrealized (loss) income on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$6.00M	USD	3 Qtrs
Net unrealized (loss) income on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.00M	USD	1 Quarter
Net unrealized (loss) income on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-14.00M	USD	3 Qtrs
Other comprehensive (loss) income before reclassifications to earnings, net of income taxes	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-48.00M	USD	1 Quarter
Other comprehensive (loss) income before reclassifications to earnings, net of income taxes	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-4.00M	USD	3 Qtrs
Other comprehensive (loss) income before reclassifications to earnings, net of income taxes	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-210.00M	USD	3 Qtrs
Other comprehensive (loss) income before reclassifications to earnings, net of income taxes	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-132.00M	USD	1 Quarter
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$29.00M	USD	3 Qtrs
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$10.00M	USD	3 Qtrs
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$10.00M	USD	1 Quarter
Reclassification adjustments for gains included in net income	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$2.00M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-220.00M	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-134.00M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-33.00M	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-58.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$424.00M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$324.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-435.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	3 Qtrs
Comprehensive loss (income) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-2.00M	USD	3 Qtrs
Comprehensive loss (income) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Comprehensive loss (income) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$426.00M	USD	3 Qtrs
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$1.04B	USD	3 Qtrs
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$325.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to L3Harris Technologies, Inc.	`ComprehensiveIncomeNetOfTax`	$-434.00M	USD	1 Quarter

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