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10-Q Filing

L3HARRIS TECHNOLOGIES, INC. /DE/ CIK: 202058 Q1 2025
Filing Information
Form Type 10-Q
Accession Number 0000202058-25-000101
Period End Date 20250331
Filing Date 20250424
Fiscal Year 2025
Fiscal Period Q1
XBRL Instance hrs-20250328_htm.xml
Balance Sheet 158 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for credit loss, current AllowanceForDoubtfulAccountsReceivableCurrent $23.00M USD Point-in-time
Accounts receivable, allowance for credit loss, current AllowanceForDoubtfulAccountsReceivableCurrent $23.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $517.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $517.00M USD Point-in-time
Accounts receivable, allowance for credit loss, current AllowanceForDoubtfulAccountsReceivableCurrent $21.00M USD Point-in-time
Accounts receivable, allowance for credit loss, current AllowanceForDoubtfulAccountsReceivableCurrent $21.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $615.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $615.00M USD Point-in-time
Receivables, net of allowances for collection losses of $23 and $21, respectively AccountsReceivableNetCurrent $1.07B USD Point-in-time
Receivables, net of allowances for collection losses of $23 and $21, respectively AccountsReceivableNetCurrent $1.07B USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Receivables, net of allowances for collection losses of $23 and $21, respectively AccountsReceivableNetCurrent $1.50B USD Point-in-time
Receivables, net of allowances for collection losses of $23 and $21, respectively AccountsReceivableNetCurrent $1.50B USD Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent $3.64B USD Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent $3.64B 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
Common shares, authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common shares, authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent $3.23B USD Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent $3.23B USD Point-in-time
Common shares, issued (in shares) CommonStockSharesIssued 187.59M shares Point-in-time
Common shares, issued (in shares) CommonStockSharesIssued 187.59M shares Point-in-time
Inventories, net InventoryNet $1.25B USD Point-in-time
Inventories, net InventoryNet $1.25B USD Point-in-time
Inventories, net InventoryNet $1.33B USD Point-in-time
Inventories, net InventoryNet $1.33B USD Point-in-time
Common shares, issued (in shares) CommonStockSharesIssued 189.79M shares Point-in-time
Common shares, issued (in shares) CommonStockSharesIssued 189.79M shares Point-in-time
Common shares, outstanding (in shares) CommonStockSharesOutstanding 189.79M shares Point-in-time
Common shares, outstanding (in shares) CommonStockSharesOutstanding 189.79M shares Point-in-time
Income taxes receivable IncomeTaxesReceivable $379.00M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $379.00M USD Point-in-time
Common shares, outstanding (in shares) CommonStockSharesOutstanding 187.59M shares Point-in-time
Common shares, outstanding (in shares) CommonStockSharesOutstanding 187.59M shares Point-in-time
Income taxes receivable IncomeTaxesReceivable $205.00M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $205.00M USD Point-in-time
Other current assets OtherAssetsCurrent $461.00M USD Point-in-time
Other current assets OtherAssetsCurrent $461.00M USD Point-in-time
Other current assets OtherAssetsCurrent $478.00M USD Point-in-time
Other current assets OtherAssetsCurrent $478.00M USD Point-in-time
Assets of business held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $1.13B USD Point-in-time
Assets of business held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $1.13B USD Point-in-time
Assets of business held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Assets of business held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Total current assets AssetsCurrent $7.60B USD Point-in-time
Total current assets AssetsCurrent $7.60B USD Point-in-time
Total current assets AssetsCurrent $8.22B USD Point-in-time
Total current assets AssetsCurrent $8.22B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $2.75B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $2.75B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $2.81B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $2.81B USD Point-in-time
Goodwill Goodwill $20.32B USD Point-in-time
Goodwill Goodwill $20.32B USD Point-in-time
Goodwill Goodwill $20.34B USD Point-in-time
Goodwill Goodwill $20.34B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.64B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.64B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.45B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.45B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $120.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $120.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $128.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $128.00M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $2.89B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $2.89B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $2.98B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $2.98B USD Point-in-time
Total assets Assets $42.00B USD Point-in-time
Total assets Assets $42.00B USD Point-in-time
Total assets Assets $41.25B USD Point-in-time
Total assets Assets $41.25B USD Point-in-time
Short-term debt ShortTermBorrowings $535.00M USD Point-in-time
Short-term debt ShortTermBorrowings $535.00M USD Point-in-time
Short-term debt ShortTermBorrowings $515.00M USD Point-in-time
Short-term debt ShortTermBorrowings $515.00M USD Point-in-time
Current portion of long-term debt, net LongTermDebtAndCapitalLeaseObligationsCurrent $640.00M USD Point-in-time
Current portion of long-term debt, net LongTermDebtAndCapitalLeaseObligationsCurrent $640.00M USD Point-in-time
Current portion of long-term debt, net LongTermDebtAndCapitalLeaseObligationsCurrent $740.00M USD Point-in-time
Current portion of long-term debt, net LongTermDebtAndCapitalLeaseObligationsCurrent $740.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $2.05B USD Point-in-time
Accounts payable AccountsPayableCurrent $2.05B USD Point-in-time
Accounts payable AccountsPayableCurrent $2.00B USD Point-in-time
Accounts payable AccountsPayableCurrent $2.00B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $2.14B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $2.14B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $2.12B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $2.12B USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrent $314.00M USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrent $314.00M USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrent $419.00M USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrent $419.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.68B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.68B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.69B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.69B USD Point-in-time
Liabilities of business held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $235.00M USD Point-in-time
Liabilities of business held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $235.00M USD Point-in-time
Liabilities of business held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Liabilities of business held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.63B USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.63B USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.45B USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.45B USD Point-in-time
Long-term debt, net LongTermDebtAndCapitalLeaseObligations $10.98B USD Point-in-time
Long-term debt, net LongTermDebtAndCapitalLeaseObligations $10.98B USD Point-in-time
Long-term debt, net LongTermDebtAndCapitalLeaseObligations $11.08B USD Point-in-time
Long-term debt, net LongTermDebtAndCapitalLeaseObligations $11.08B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $842.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $842.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $942.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $942.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $2.85B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $2.85B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $2.77B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $2.77B USD Point-in-time
Total liabilities Liabilities $22.42B USD Point-in-time
Total liabilities Liabilities $22.42B USD Point-in-time
Total liabilities Liabilities $22.12B USD Point-in-time
Total liabilities Liabilities $22.12B USD Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectively CommonStockValue $190.00M USD Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectively CommonStockValue $190.00M USD Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectively CommonStockValue $188.00M USD Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectively CommonStockValue $188.00M USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $15.56B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $15.56B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $15.17B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $15.17B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.79B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.79B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.74B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.74B USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-14.00M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-14.00M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $27.00M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $27.00M USD Point-in-time
Total shareholders equity StockholdersEquity $19.13B USD Point-in-time
Total shareholders equity StockholdersEquity $19.13B USD Point-in-time
Total shareholders equity StockholdersEquity $19.51B USD Point-in-time
Total shareholders equity StockholdersEquity $19.51B USD Point-in-time
Noncontrolling interests MinorityInterest $65.00M USD Point-in-time
Noncontrolling interests MinorityInterest $65.00M USD Point-in-time
Noncontrolling interests MinorityInterest $-1.00M USD Point-in-time
Noncontrolling interests MinorityInterest $-1.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.73B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $42.00B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $42.00B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $41.25B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $41.25B USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $5.21B USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $5.21B USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $5.13B USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $5.13B USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $3.78B USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $3.78B USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $3.86B USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $3.86B USD 1 Quarter
General and administrative expenses SellingGeneralAndAdministrativeExpense $970.00M USD 1 Quarter
General and administrative expenses SellingGeneralAndAdministrativeExpense $970.00M USD 1 Quarter
General and administrative expenses SellingGeneralAndAdministrativeExpense $825.00M USD 1 Quarter
General and administrative expenses SellingGeneralAndAdministrativeExpense $825.00M USD 1 Quarter
Operating income OperatingIncomeLoss $378.00M USD 1 Quarter
Operating income OperatingIncomeLoss $378.00M USD 1 Quarter
Operating income OperatingIncomeLoss $525.00M USD 1 Quarter
Operating income OperatingIncomeLoss $525.00M USD 1 Quarter
Non-service FAS pension income and other, net OtherNonoperatingIncomeExpense $88.00M USD 1 Quarter
Non-service FAS pension income and other, net OtherNonoperatingIncomeExpense $88.00M USD 1 Quarter
Non-service FAS pension income and other, net OtherNonoperatingIncomeExpense $84.00M USD 1 Quarter
Non-service FAS pension income and other, net OtherNonoperatingIncomeExpense $84.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-150.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-150.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-176.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-176.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $459.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $459.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $290.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $290.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $5.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $5.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $73.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $73.00M USD 1 Quarter
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Noncontrolling interests, net of income taxes NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Noncontrolling interests, net of income taxes NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Noncontrolling interests, net of income taxes NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Noncontrolling interests, net of income taxes NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income attributable to L3Harris Technologies, Inc. NetIncomeLoss $386.00M USD 1 Quarter
Net income attributable to L3Harris Technologies, Inc. NetIncomeLoss $386.00M USD 1 Quarter
Net income attributable to L3Harris Technologies, Inc. NetIncomeLoss $283.00M USD 1 Quarter
Net income attributable to L3Harris Technologies, Inc. NetIncomeLoss $283.00M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.49 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.49 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $2.05 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $2.05 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.48 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.48 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $2.04 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $2.04 USD 1 Quarter
Basic weighted-average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 189.80M shares 1 Quarter
Basic weighted-average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 189.80M shares 1 Quarter
Basic weighted-average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 188.50M shares 1 Quarter
Basic weighted-average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 188.50M shares 1 Quarter
Diluted weighted-average common shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 190.80M shares 1 Quarter
Diluted weighted-average common shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 190.80M shares 1 Quarter
Diluted weighted-average common shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 189.10M shares 1 Quarter
Diluted weighted-average common shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 189.10M shares 1 Quarter
Cash Flow Statement 144 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $320.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $320.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $301.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $301.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $19.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $19.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $26.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $26.00M USD 1 Quarter
Net periodic benefit income PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash $-84.00M USD 1 Quarter
Net periodic benefit income PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash $-84.00M USD 1 Quarter
Net periodic benefit income PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash $-72.00M USD 1 Quarter
Net periodic benefit income PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash $-72.00M USD 1 Quarter
Share-based matching contributions under defined contribution plans DefinedContributionsPlan401kContributionsByEmployer $68.00M USD 1 Quarter
Share-based matching contributions under defined contribution plans DefinedContributionsPlan401kContributionsByEmployer $68.00M USD 1 Quarter
Share-based matching contributions under defined contribution plans DefinedContributionsPlan401kContributionsByEmployer $70.00M USD 1 Quarter
Share-based matching contributions under defined contribution plans DefinedContributionsPlan401kContributionsByEmployer $70.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $111.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $111.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $89.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $89.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsReceivable $-7.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsReceivable $-7.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsReceivable $447.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsReceivable $447.00M USD 1 Quarter
Contract assets IncreaseDecreaseInContractWithCustomerAsset $340.00M USD 1 Quarter
Contract assets IncreaseDecreaseInContractWithCustomerAsset $340.00M USD 1 Quarter
Contract assets IncreaseDecreaseInContractWithCustomerAsset $420.00M USD 1 Quarter
Contract assets IncreaseDecreaseInContractWithCustomerAsset $420.00M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $21.00M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $21.00M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $-92.00M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $-92.00M USD 1 Quarter
Other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $19.00M USD 1 Quarter
Other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $19.00M USD 1 Quarter
Other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-10.00M USD 1 Quarter
Other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-10.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $9.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $9.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $52.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $52.00M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $-152.00M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $-152.00M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $-16.00M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $-16.00M USD 1 Quarter
Compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-170.00M USD 1 Quarter
Compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-170.00M USD 1 Quarter
Compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-105.00M USD 1 Quarter
Compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-105.00M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-18.00M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-18.00M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $11.00M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $11.00M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $103.00M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $103.00M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $273.00M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $273.00M USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $50.00M USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $50.00M USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $64.00M USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $64.00M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-42.00M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-42.00M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-104.00M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-104.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $115.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $115.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $59.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $59.00M USD 1 Quarter
Proceeds from sales of businesses, net of cash divested ProceedsFromDivestitureOfBusinesses - USD 1 Quarter
Proceeds from sales of businesses, net of cash divested ProceedsFromDivestitureOfBusinesses - USD 1 Quarter
Proceeds from sales of businesses, net of cash divested ProceedsFromDivestitureOfBusinesses $831.00M USD 1 Quarter
Proceeds from sales of businesses, net of cash divested ProceedsFromDivestitureOfBusinesses $831.00M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $28.00M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $28.00M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $1.00M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $1.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-116.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-116.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $744.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $744.00M USD 1 Quarter
Proceeds from issuances of long-term debt, net ProceedsFromDebtNetOfIssuanceCosts $2.24B USD 1 Quarter
Proceeds from issuances of long-term debt, net ProceedsFromDebtNetOfIssuanceCosts $2.24B USD 1 Quarter
Proceeds from issuances of long-term debt, net ProceedsFromDebtNetOfIssuanceCosts - USD 1 Quarter
Proceeds from issuances of long-term debt, net ProceedsFromDebtNetOfIssuanceCosts - USD 1 Quarter
Repayments of long-term debt RepaymentsOfUnsecuredDebt $2.25B USD 1 Quarter
Repayments of long-term debt RepaymentsOfUnsecuredDebt $2.25B USD 1 Quarter
Repayments of long-term debt RepaymentsOfUnsecuredDebt $5.00M USD 1 Quarter
Repayments of long-term debt RepaymentsOfUnsecuredDebt $5.00M USD 1 Quarter
Change in commercial paper, maturities under 90 days, net ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $20.00M USD 1 Quarter
Change in commercial paper, maturities under 90 days, net ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $20.00M USD 1 Quarter
Change in commercial paper, maturities under 90 days, net ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $326.00M USD 1 Quarter
Change in commercial paper, maturities under 90 days, net ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $326.00M USD 1 Quarter
Proceeds from commercial paper, maturities over 90 days ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths $480.00M USD 1 Quarter
Proceeds from commercial paper, maturities over 90 days ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths $480.00M USD 1 Quarter
Proceeds from commercial paper, maturities over 90 days ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths - USD 1 Quarter
Proceeds from commercial paper, maturities over 90 days ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths - USD 1 Quarter
Repayments of commercial paper, maturities over 90 days RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths - USD 1 Quarter
Repayments of commercial paper, maturities over 90 days RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths - USD 1 Quarter
Repayments of commercial paper, maturities over 90 days RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths $205.00M USD 1 Quarter
Repayments of commercial paper, maturities over 90 days RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths $205.00M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $233.00M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $233.00M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $569.00M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $569.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $224.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $224.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $228.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $228.00M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $13.00M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $13.00M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-23.00M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-23.00M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-805.00M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-805.00M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $144.00M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $144.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-7.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-7.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-98.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-98.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-83.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-83.00M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $560.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $560.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $615.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $615.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $477.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $477.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $517.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $517.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $560.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $560.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $615.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $615.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $477.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $477.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $517.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $517.00M USD Point-in-time
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.13B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.13B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.58B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.58B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.73B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.73B USD Point-in-time
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Other comprehensive loss, net of income taxes OtherComprehensiveIncomeLossNetOfTax $-41.00M USD 1 Quarter
Other comprehensive loss, net of income taxes OtherComprehensiveIncomeLossNetOfTax $-41.00M USD 1 Quarter
Other comprehensive loss, net of income taxes OtherComprehensiveIncomeLossNetOfTax $-36.00M USD 1 Quarter
Other comprehensive loss, net of income taxes OtherComprehensiveIncomeLossNetOfTax $-36.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.13B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.13B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.58B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.58B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.73B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.73B USD Point-in-time
Cash dividends (in dollars per share) CommonStockDividendsPerShareCashPaid $1.20 USD 1 Quarter
Cash dividends (in dollars per share) CommonStockDividendsPerShareCashPaid $1.20 USD 1 Quarter
Cash dividends (in dollars per share) CommonStockDividendsPerShareCashPaid $1.16 USD 1 Quarter
Cash dividends (in dollars per share) CommonStockDividendsPerShareCashPaid $1.16 USD 1 Quarter
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $386.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Net income ProfitLoss $285.00M USD 1 Quarter
Foreign currency translation and other, net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $19.00M USD 1 Quarter
Foreign currency translation and other, net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $19.00M USD 1 Quarter
Foreign currency translation and other, net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-29.00M USD 1 Quarter
Foreign currency translation and other, net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-29.00M USD 1 Quarter
Pension and other postretirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax - USD 1 Quarter
Pension and other postretirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax - USD 1 Quarter
Pension and other postretirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax $43.00M USD 1 Quarter
Pension and other postretirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax $43.00M USD 1 Quarter
Other comprehensive loss recognized during the period OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $-29.00M USD 1 Quarter
Other comprehensive loss recognized during the period OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $-29.00M USD 1 Quarter
Other comprehensive loss recognized during the period OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $-24.00M USD 1 Quarter
Other comprehensive loss recognized during the period OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax $-24.00M USD 1 Quarter
Reclassification adjustments for gains included in net income ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax $7.00M USD 1 Quarter
Reclassification adjustments for gains included in net income ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax $7.00M USD 1 Quarter
Reclassification adjustments for gains included in net income ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax $17.00M USD 1 Quarter
Reclassification adjustments for gains included in net income ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax $17.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-41.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-41.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-36.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-36.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $249.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $249.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $345.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $345.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive income attributable to noncontrolling interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Total comprehensive income attributable to L3Harris Technologies, Inc. ComprehensiveIncomeNetOfTax $345.00M USD 1 Quarter
Total comprehensive income attributable to L3Harris Technologies, Inc. ComprehensiveIncomeNetOfTax $345.00M USD 1 Quarter
Total comprehensive income attributable to L3Harris Technologies, Inc. ComprehensiveIncomeNetOfTax $247.00M USD 1 Quarter
Total comprehensive income attributable to L3Harris Technologies, Inc. ComprehensiveIncomeNetOfTax $247.00M USD 1 Quarter

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

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