$LHX
L3HARRIS TECHNOLOGIES, INC. /DE/

2022 Q2 Form 10-Q Financial Statement

#000020205822000029 Filed on April 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2021 Q2
Revenue $4.103B $4.567B
YoY Change -10.16% -1.28%
Cost Of Revenue $2.892B $3.213B
YoY Change -9.99% -2.58%
Gross Profit $1.211B $1.354B
YoY Change -10.56% 1.96%
Gross Profit Margin 29.51% 29.65%
Selling, General & Admin $713.0M $801.0M
YoY Change -10.99% -1.35%
% of Gross Profit 58.88% 59.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $232.0M $251.0M
YoY Change -7.57% 9.13%
% of Gross Profit 19.16% 18.54%
Operating Expenses $713.0M $801.0M
YoY Change -10.99% -1.35%
Operating Profit $498.0M $553.0M
YoY Change -9.95% 7.17%
Interest Expense -$68.00M $69.00M
YoY Change -198.55% 1.47%
% of Operating Profit -13.65% 12.48%
Other Income/Expense, Net $106.0M $117.0M
YoY Change -9.4% 23.16%
Pretax Income $536.0M $527.0M
YoY Change 1.71% 138.46%
Income Tax $61.00M $60.00M
% Of Pretax Income 11.38% 11.39%
Net Earnings $475.0M $468.0M
YoY Change 1.5% 115.67%
Net Earnings / Revenue 11.58% 10.25%
Basic Earnings Per Share $2.46 $2.26
Diluted Earnings Per Share $2.44 $2.25
COMMON SHARES
Basic Shares Outstanding 193.2M shares 206.7M shares
Diluted Shares Outstanding 195.1M shares 208.5M shares

Balance Sheet

Concept 2022 Q2 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $402.0M $976.0M
YoY Change -58.81% 47.21%
Cash & Equivalents $402.0M $976.0M
Short-Term Investments
Other Short-Term Assets $249.0M $1.786B
YoY Change -86.06% 346.5%
Inventory $1.090B $904.0M
Prepaid Expenses
Receivables $1.283B $1.096B
Other Receivables $54.00M $199.0M
Total Short-Term Assets $6.249B $7.538B
YoY Change -17.1% 4.53%
LONG-TERM ASSETS
Property, Plant & Equipment $2.853B $2.136B
YoY Change 33.57% 5.12%
Goodwill $18.19B $18.25B
YoY Change -0.32% -5.26%
Intangibles $6.486B $7.265B
YoY Change -10.72% -11.09%
Long-Term Investments
YoY Change
Other Assets $571.0M $499.0M
YoY Change 14.43% -5.85%
Total Long-Term Assets $28.20B $29.05B
YoY Change -2.95% -5.96%
TOTAL ASSETS
Total Short-Term Assets $6.249B $7.538B
Total Long-Term Assets $28.20B $29.05B
Total Assets $34.44B $36.59B
YoY Change -5.86% -3.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.723B $1.373B
YoY Change 25.49% -3.45%
Accrued Expenses $1.287B $1.431B
YoY Change -10.06% 0.49%
Deferred Revenue $1.275B $1.189B
YoY Change 7.23% 4.48%
Short-Term Debt $3.000M $2.000M
YoY Change 50.0% 0.0%
Long-Term Debt Due $262.0M $12.00M
YoY Change 2083.33% -98.66%
Total Short-Term Liabilities $4.737B $4.231B
YoY Change 11.96% -17.41%
LONG-TERM LIABILITIES
Long-Term Debt $6.795B $7.066B
YoY Change -3.84% 12.27%
Other Long-Term Liabilities $1.056B $1.045B
YoY Change 1.05% 32.95%
Total Long-Term Liabilities $10.34B $11.88B
YoY Change -12.93% 8.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.737B $4.231B
Total Long-Term Liabilities $10.34B $11.88B
Total Liabilities $15.08B $16.11B
YoY Change -6.39% 0.19%
SHAREHOLDERS EQUITY
Retained Earnings $3.128B $2.529B
YoY Change 23.69% 17.57%
Common Stock $16.28B $18.69B
YoY Change -12.89% -8.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $19.26B $20.37B
YoY Change
Total Liabilities & Shareholders Equity $34.44B $36.59B
YoY Change -5.86% -3.98%

Cashflow Statement

Concept 2022 Q2 2021 Q2
OPERATING ACTIVITIES
Net Income $475.0M $468.0M
YoY Change 1.5% 115.67%
Depreciation, Depletion And Amortization $232.0M $251.0M
YoY Change -7.57% 9.13%
Cash From Operating Activities $39.00M $661.0M
YoY Change -94.1% 24.02%
INVESTING ACTIVITIES
Capital Expenditures $55.00M $67.00M
YoY Change -17.91% 39.58%
Acquisitions $0.00
YoY Change
Other Investing Activities $9.000M -$3.000M
YoY Change -400.0% -130.0%
Cash From Investing Activities -$64.00M -$61.00M
YoY Change 4.92% 5.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $308.0M $700.0M
YoY Change -56.0% 0.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$513.0M -$900.0M
YoY Change -43.0% 47.06%
NET CHANGE
Cash From Operating Activities $39.00M $661.0M
Cash From Investing Activities -$64.00M -$61.00M
Cash From Financing Activities -$513.0M -$900.0M
Net Change In Cash -$539.0M -$300.0M
YoY Change 79.67% 86.34%
FREE CASH FLOW
Cash From Operating Activities $39.00M $661.0M
Capital Expenditures $55.00M $67.00M
Free Cash Flow -$16.00M $594.0M
YoY Change -102.69% 22.47%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-30
CY2022Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000202058
CY2022Q2 dei City Area Code
CityAreaCode
321
CY2022Q2 dei Local Phone Number
LocalPhoneNumber
727-9100
CY2022Q2 dei Amendment Flag
AmendmentFlag
false
CY2022Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P9M
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2022Q2 dei Document Type
DocumentType
10-Q
CY2022Q2 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q2 dei Document Period End Date
DocumentPeriodEndDate
2022-04-01
CY2022Q2 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q2 dei Entity File Number
EntityFileNumber
1-3863
CY2022Q2 dei Entity Registrant Name
EntityRegistrantName
L3HARRIS TECHNOLOGIES, INC.
CY2022Q2 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022Q2 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
34-0276860
CY2022Q2 dei Entity Address Address Line1
EntityAddressAddressLine1
1025 West NASA Boulevard
CY2022Q2 dei Entity Address City Or Town
EntityAddressCityOrTown
Melbourne,
CY2022Q2 dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
CY2022Q2 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
32919
CY2021Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-15000000 USD
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2022Q2 dei Security12b Title
Security12bTitle
Common Stock, par value $1.00 per share
CY2022Q2 dei Trading Symbol
TradingSymbol
LHX
CY2022Q2 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2022Q2 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q2 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q2 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q2 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q2 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q2 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
192874623 shares
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4103000000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4567000000 USD
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2892000000 USD
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3213000000 USD
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
713000000 USD
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
801000000 USD
CY2022Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2021Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
62000000 USD
CY2022Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
106000000 USD
CY2021Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
117000000 USD
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-68000000 USD
CY2021Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-66000000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
536000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
527000000 USD
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61000000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
60000000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
475000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
467000000 USD
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1000000 USD
CY2022Q2 us-gaap Profit Loss
ProfitLoss
475000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
466000000 USD
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
475000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
468000000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.46
CY2021Q4 us-gaap Inventory Net
InventoryNet
982000000 USD
CY2022Q2 hrs Prepaid Inventory
PrepaidInventory
58000000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000 USD
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
475000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
468000000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
475000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
469000000 USD
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.27
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.46
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.26
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.44
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.25
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.44
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.25
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
193200000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
206700000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
195100000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
208500000 shares
CY2022Q2 us-gaap Profit Loss
ProfitLoss
475000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
466000000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-18000000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
5000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
5000000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
2000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-13000000 USD
CY2022Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
6000000 USD
CY2021Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2000000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15000000 USD
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
471000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
451000000 USD
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000 USD
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
471000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
453000000 USD
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
402000000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
941000000 USD
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1283000000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1045000000 USD
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3113000000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3021000000 USD
CY2021Q4 us-gaap Assets Current
AssetsCurrent
6359000000 USD
CY2022Q2 us-gaap Inventory Net
InventoryNet
1090000000 USD
CY2021Q4 hrs Prepaid Inventory
PrepaidInventory
48000000 USD
CY2022Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
54000000 USD
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
98000000 USD
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
249000000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
224000000 USD
CY2022Q2 us-gaap Assets Current
AssetsCurrent
6249000000 USD
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
85000000 USD
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2078000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2101000000 USD
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
775000000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
769000000 USD
CY2022Q2 us-gaap Goodwill
Goodwill
18194000000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
18189000000 USD
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6486000000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6640000000 USD
CY2022Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
91000000 USD
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
571000000 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1767000000 USD
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1275000000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1297000000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
566000000 USD
CY2022Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
28195000000 USD
CY2021Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
28350000000 USD
CY2022Q2 us-gaap Assets
Assets
34444000000 USD
CY2021Q4 us-gaap Assets
Assets
34709000000 USD
CY2022Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
3000000 USD
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
2000000 USD
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1723000000 USD
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
290000000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
444000000 USD
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
997000000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1002000000 USD
CY2022Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
187000000 USD
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
777000000 USD
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
28000000 USD
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
262000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
11000000 USD
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
4737000000 USD
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4551000000 USD
CY2022Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
524000000 USD
CY2021Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
614000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
768000000 USD
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6795000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7048000000 USD
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1189000000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1344000000 USD
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1056000000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1065000000 USD
CY2022Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10341000000 USD
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10839000000 USD
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
192805539 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
192805539 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
193511401 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
193511401 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
193000000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
194000000 USD
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16089000000 USD
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16248000000 USD
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3128000000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2917000000 USD
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-150000000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-146000000 USD
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
19260000000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
19213000000 USD
CY2022Q2 us-gaap Minority Interest
MinorityInterest
106000000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
106000000 USD
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19366000000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19319000000 USD
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
34444000000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
34709000000 USD
CY2022Q2 us-gaap Profit Loss
ProfitLoss
475000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
466000000 USD
CY2022Q2 hrs Amortization Of Intangible Assets Acquired
AmortizationOfIntangibleAssetsAcquired
152000000 USD
CY2021Q2 hrs Amortization Of Intangible Assets Acquired
AmortizationOfIntangibleAssetsAcquired
164000000 USD
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
80000000 USD
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
87000000 USD
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
28000000 USD
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
33000000 USD
CY2022Q2 hrs Defined Contributions Plan401k Contributions By Employer
DefinedContributionsPlan401kContributionsByEmployer
55000000 USD
CY2021Q2 hrs Defined Contributions Plan401k Contributions By Employer
DefinedContributionsPlan401kContributionsByEmployer
57000000 USD
CY2022Q2 hrs Defined Benefit Plan Qualified Contributions By Employer
DefinedBenefitPlanQualifiedContributionsByEmployer
2000000 USD
CY2021Q2 hrs Defined Benefit Plan Qualified Contributions By Employer
DefinedBenefitPlanQualifiedContributionsByEmployer
2000000 USD
CY2022Q2 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-99000000 USD
CY2021Q2 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-92000000 USD
CY2022Q2 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2021Q2 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
62000000 USD
CY2022Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2021Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-15000000 USD
CY2022Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
162000000 USD
CY2021Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
22000000 USD
CY2022Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
239000000 USD
CY2021Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-213000000 USD
CY2022Q2 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
93000000 USD
CY2021Q2 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
272000000 USD
CY2022Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
108000000 USD
CY2021Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-61000000 USD
CY2022Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
25000000 USD
CY2021Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
85000000 USD
CY2022Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-43000000 USD
CY2021Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
15000000 USD
CY2022Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-16000000 USD
CY2021Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
9000000 USD
CY2022Q2 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-154000000 USD
CY2021Q2 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-161000000 USD
CY2022Q2 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-12000000 USD
CY2021Q2 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
71000000 USD
CY2022Q2 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
203000000 USD
CY2021Q2 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
72000000 USD
CY2022Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1000000 USD
CY2021Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
30000000 USD
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39000000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
661000000 USD
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
55000000 USD
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
67000000 USD
CY2022Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2021Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3000000 USD
CY2022Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
CY2021Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3000000 USD
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-64000000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-61000000 USD
CY2022Q2 hrs Proceeds From Borrowings
ProceedsFromBorrowings
1000000 USD
CY2021Q2 hrs Proceeds From Borrowings
ProceedsFromBorrowings
1000000 USD
CY2022Q2 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
5000000 USD
CY2021Q2 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
1000000 USD
CY2022Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
30000000 USD
CY2021Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10000000 USD
CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
308000000 USD
CY2021Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
700000000 USD
CY2022Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
218000000 USD
CY2021Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
209000000 USD
CY2022Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12000000 USD
CY2021Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1000000 USD
CY2022Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 USD
CY2021Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-513000000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-900000000 USD
CY2022Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1000000 USD
CY2021Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-539000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-300000000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
941000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1276000000 USD
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
402000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
976000000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19319000000 USD
CY2022Q2 us-gaap Profit Loss
ProfitLoss
475000000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4000000 USD
CY2022Q2 hrs Stock Issued During Period Value Stock Options Exercised And Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
30000000 USD
CY2022Q2 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
55000000 USD
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28000000 USD
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12000000 USD
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
308000000 USD
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
218000000 USD
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1000000 USD
CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
4825000000 USD
CY2022Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
-2000000 USD
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19366000000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20841000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
466000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15000000 USD
CY2021Q2 hrs Stock Issued During Period Value Stock Options Exercised And Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
10000000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
57000000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33000000 USD
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
700000000 USD
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
209000000 USD
CY2021Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
1000000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20482000000 USD
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
120000000 USD
CY2022Q2 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the accompanying Condensed Consolidated Financial Statements (Unaudited) and these Notes and related disclosures. These estimates and assumptions are based on experience and other information available prior to issuance of the accompanying Condensed Consolidated Financial Statements (Unaudited) and these Notes. Materially different results can occur as circumstances change and additional information becomes known.
CY2022Q2 hrs Number Of Shareholder Approved Employee Stock Incentive Plans
NumberOfShareholderApprovedEmployeeStockIncentivePlans
2 plan
CY2022Q2 hrs Contractwith Customer Asset Netof Liability Current
ContractwithCustomerAssetNetofLiabilityCurrent
1724000000 USD
CY2022Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1324000000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1088000000 USD
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
41000000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
43000000 USD
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1283000000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1045000000 USD
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3113000000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3021000000 USD
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1275000000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1297000000 USD
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
114000000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
107000000 USD
CY2021Q4 hrs Contractwith Customer Asset Netof Liability Current
ContractwithCustomerAssetNetofLiabilityCurrent
1617000000 USD
CY2022Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
4530000000 USD
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
506000000 USD
CY2022Q2 hrs Unbilled Receivables Progress Payments
UnbilledReceivablesProgressPayments
1417000000 USD
CY2021Q4 hrs Unbilled Receivables Progress Payments
UnbilledReceivablesProgressPayments
1804000000 USD
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3113000000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3021000000 USD
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
517000000 USD
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
508000000 USD
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
159000000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
141000000 USD
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
326000000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
335000000 USD
CY2022Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
605000000 USD
CY2022Q2 us-gaap Inventory Net
InventoryNet
1090000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
982000000 USD
CY2022Q2 us-gaap Land
Land
80000000 USD
CY2021Q4 us-gaap Land
Land
79000000 USD
CY2022Q2 hrs Capitalized Software For Internal Use Gross
CapitalizedSoftwareForInternalUseGross
584000000 USD
CY2021Q4 hrs Capitalized Software For Internal Use Gross
CapitalizedSoftwareForInternalUseGross
576000000 USD
CY2022Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1250000000 USD
CY2021Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1236000000 USD
CY2022Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2191000000 USD
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2177000000 USD
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
4105000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
4068000000 USD
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
2027000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1967000000 USD
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2078000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2101000000 USD
CY2022Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
83000000 USD
CY2021Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
84000000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
18189000000 USD
CY2022Q2 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
5000000 USD
CY2022Q2 us-gaap Goodwill
Goodwill
18194000000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
117000000 USD
CY2022Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
17000000 USD
CY2022Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
30000000 USD
CY2022Q2 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-2000000 USD
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
102000000 USD
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
193200000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
206700000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1900000 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
195100000 shares
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
21100000000 USD
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
208500000 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1600000 shares
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.113
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.114
CY2022Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
58000000 USD
CY2021Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
108000000 USD
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
21100000000 USD
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.51
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.75
CY2022Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2022Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4103000000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4567000000 USD
CY2022Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
7000000 USD
CY2021Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
33000000 USD
CY2022Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
20000000 USD
CY2021Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
21000000 USD
CY2022Q2 hrs Amortization Of Intangible Assets Acquired
AmortizationOfIntangibleAssetsAcquired
152000000 USD
CY2021Q2 hrs Amortization Of Intangible Assets Acquired
AmortizationOfIntangibleAssetsAcquired
164000000 USD
CY2022Q2 hrs Gain Loss On Disposition Of Business And Impairment Of Long Lived Assets To Be Disposed Of
GainLossOnDispositionOfBusinessAndImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2021Q2 hrs Gain Loss On Disposition Of Business And Impairment Of Long Lived Assets To Be Disposed Of
GainLossOnDispositionOfBusinessAndImpairmentOfLongLivedAssetsToBeDisposedOf
-15000000 USD
CY2022Q2 hrs Impairment Of Long Lived Assets To Be Disposed Of And Goodwill Impairment Charges
ImpairmentOfLongLivedAssetsToBeDisposedOfAndGoodwillImpairmentCharges
0 USD
CY2021Q2 hrs Impairment Of Long Lived Assets To Be Disposed Of And Goodwill Impairment Charges
ImpairmentOfLongLivedAssetsToBeDisposedOfAndGoodwillImpairmentCharges
62000000 USD
CY2022Q2 hrs Disposition Of Business Divestiture Related Costs Other
DispositionOfBusinessDivestitureRelatedCostsOther
1000000 USD
CY2021Q2 hrs Disposition Of Business Divestiture Related Costs Other
DispositionOfBusinessDivestitureRelatedCostsOther
7000000 USD
CY2022Q2 hrs Defined Benefit Plan Net Periodic Benefit Cost Credit Pension Operating Adjustment
DefinedBenefitPlanNetPeriodicBenefitCostCreditPensionOperatingAdjustment
-22000000 USD
CY2021Q2 hrs Defined Benefit Plan Net Periodic Benefit Cost Credit Pension Operating Adjustment
DefinedBenefitPlanNetPeriodicBenefitCostCreditPensionOperatingAdjustment
-30000000 USD
CY2022Q2 hrs Operating Income Loss Unallocated Expenses
OperatingIncomeLossUnallocatedExpenses
-158000000 USD
CY2021Q2 hrs Operating Income Loss Unallocated Expenses
OperatingIncomeLossUnallocatedExpenses
-272000000 USD
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
106000000 USD
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
117000000 USD
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-68000000 USD
CY2021Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-66000000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
536000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
527000000 USD
CY2022Q2 hrs Defined Benefit Plan Net Pension Adjustment
DefinedBenefitPlanNetPensionAdjustment
-132000000 USD
CY2021Q2 hrs Value Added Tax Obligation Expense
ValueAddedTaxObligationExpense
15000000 USD
CY2022Q2 hrs Defined Benefit Plan Pension Service Cost Financial Accounting Standards
DefinedBenefitPlanPensionServiceCostFinancialAccountingStandards
11000000 USD
CY2021Q2 hrs Defined Benefit Plan Pension Service Cost Financial Accounting Standards
DefinedBenefitPlanPensionServiceCostFinancialAccountingStandards
18000000 USD
CY2022Q2 hrs Pension Cost Reversal Of Cost Cost Accounting Standard
PensionCostReversalOfCostCostAccountingStandard
-33000000 USD
CY2021Q2 hrs Pension Cost Reversal Of Cost Cost Accounting Standard
PensionCostReversalOfCostCostAccountingStandard
-48000000 USD
CY2022Q2 hrs Defined Benefit Plan Net Periodic Benefit Cost Credit Pension Operating Adjustment
DefinedBenefitPlanNetPeriodicBenefitCostCreditPensionOperatingAdjustment
-22000000 USD
CY2021Q2 hrs Defined Benefit Plan Net Periodic Benefit Cost Credit Pension Operating Adjustment
DefinedBenefitPlanNetPeriodicBenefitCostCreditPensionOperatingAdjustment
-30000000 USD
CY2022Q2 hrs Non Operating Pension Income Expense
NonOperatingPensionIncomeExpense
110000000 USD
CY2021Q2 hrs Non Operating Pension Income Expense
NonOperatingPensionIncomeExpense
111000000 USD
CY2021Q2 hrs Defined Benefit Plan Net Pension Adjustment
DefinedBenefitPlanNetPensionAdjustment
-141000000 USD
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Assets
Assets
34444000000 USD
CY2021Q4 us-gaap Assets
Assets
34709000000 USD

Files In Submission

Name View Source Status
0000202058-22-000029-index-headers.html Edgar Link pending
0000202058-22-000029-index.html Edgar Link pending
0000202058-22-000029.txt Edgar Link pending
0000202058-22-000029-xbrl.zip Edgar Link pending
exhibit101jesusmalavesepar.htm Edgar Link pending
exhibit102michelleturnerof.htm Edgar Link pending
exhibit103amendment10torsp.htm Edgar Link pending
exhibit15q1cy2210-q.htm Edgar Link pending
exhibit311cy22-q110xq.htm Edgar Link pending
exhibit312cy22-q110xq.htm Edgar Link pending
exhibit321cy22-q110xq.htm Edgar Link pending
exhibit322cy22-q110xq.htm Edgar Link pending
exhibit3arestatedcertifi.htm Edgar Link pending
exhibit3arestatedcertifi001.jpg Edgar Link pending
exhibit3arestatedcertifi002.jpg Edgar Link pending
exhibit3arestatedcertifi003.jpg Edgar Link pending
exhibit3arestatedcertifi004.jpg Edgar Link pending
exhibit3arestatedcertifi005.jpg Edgar Link pending
exhibit3arestatedcertifi006.jpg Edgar Link pending
exhibit3arestatedcertifi007.jpg Edgar Link pending
exhibit3arestatedcertifi008.jpg Edgar Link pending
exhibit3arestatedcertifi009.jpg Edgar Link pending
exhibit3arestatedcertifi010.jpg Edgar Link pending
exhibit3arestatedcertifi011.jpg Edgar Link pending
exhibit3arestatedcertifi012.jpg Edgar Link pending
exhibit3arestatedcertifi013.jpg Edgar Link pending
exhibit3arestatedcertifi014.jpg Edgar Link pending
exhibit3arestatedcertifi015.jpg Edgar Link pending
exhibit3arestatedcertifi016.jpg Edgar Link pending
exhibit3arestatedcertifi017.jpg Edgar Link pending
exhibit3arestatedcertifi018.jpg Edgar Link pending
exhibit3arestatedcertifi019.jpg Edgar Link pending
exhibit3arestatedcertifi020.jpg Edgar Link pending
exhibit3arestatedcertifi021.jpg Edgar Link pending
exhibit3arestatedcertifi022.jpg Edgar Link pending
exhibit3arestatedcertifi023.jpg Edgar Link pending
exhibit3arestatedcertifi024.jpg Edgar Link pending
exhibit3arestatedcertifi025.jpg Edgar Link pending
exhibit3arestatedcertifi026.jpg Edgar Link pending
exhibit3arestatedcertifi027.jpg Edgar Link pending
exhibit3arestatedcertifi028.jpg Edgar Link pending
exhibit3arestatedcertifi029.jpg Edgar Link pending
exhibit3arestatedcertifi030.jpg Edgar Link pending
exhibit3arestatedcertifi031.jpg Edgar Link pending
exhibit3arestatedcertifi032.jpg Edgar Link pending
exhibit3arestatedcertifi033.jpg Edgar Link pending
exhibit3arestatedcertifi034.jpg Edgar Link pending
exhibit3arestatedcertifi035.jpg Edgar Link pending
exhibit3arestatedcertifi036.jpg Edgar Link pending
exhibit3arestatedcertifi037.jpg Edgar Link pending
exhibit3arestatedcertifi038.jpg Edgar Link pending
exhibit3arestatedcertifi039.jpg Edgar Link pending
exhibit3arestatedcertifi040.jpg Edgar Link pending
exhibit3arestatedcertifi041.jpg Edgar Link pending
exhibit3arestatedcertifi042.jpg Edgar Link pending
exhibit3arestatedcertifi043.jpg Edgar Link pending
exhibit3arestatedcertifi044.jpg Edgar Link pending
exhibit3arestatedcertifi045.jpg Edgar Link pending
exhibit3arestatedcertifi046.jpg Edgar Link pending
exhibit3arestatedcertifi047.jpg Edgar Link pending
exhibit3bby-lawamendment.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hrs-20220401.htm Edgar Link pending
hrs-20220401.xsd Edgar Link pending
hrs-20220401_cal.xml Edgar Link unprocessable
hrs-20220401_def.xml Edgar Link unprocessable
hrs-20220401_g1.jpg Edgar Link pending
hrs-20220401_htm.xml Edgar Link completed
hrs-20220401_lab.xml Edgar Link unprocessable
hrs-20220401_pre.xml Edgar Link unprocessable
l3harrislogopra33.jpg Edgar Link pending
l3harrislogopra33a.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending