$LHX
L3HARRIS TECHNOLOGIES, INC. /DE/ Stock $lhx

$lhx Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000020205824000140 Filed on July 26, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$5.292B	$5.299B
YoY Change	7.67%	12.91%
Cost Of Revenue	$3.873B	$3.939B
YoY Change	7.34%	13.32%
Gross Profit	$1.419B	$1.360B
YoY Change	8.57%	11.75%
Gross Profit Margin	26.81%	25.67%
Selling, General & Admin	$924.0M	$884.0M
YoY Change	11.59%	7.67%
% of Gross Profit	65.12%	65.0%
Research & Development	$135.0M	$124.0M
YoY Change	8.0%	5.98%
% of Gross Profit	9.51%	9.12%
Depreciation & Amortization	$324.0M	$536.0M
YoY Change	4.52%	109.38%
% of Gross Profit	22.83%	39.41%
Operating Expenses	$924.0M	$884.0M
YoY Change	11.59%	7.67%
Operating Profit	$495.0M	$476.0M
YoY Change	3.34%	20.2%
Interest Expense	-$166.0M	-$172.0M
YoY Change	4.4%	54.95%
% of Operating Profit	-33.54%	-36.13%
Other Income/Expense, Net	$101.0M	$86.00M
YoY Change	26.25%	3.61%
Pretax Income	$430.0M	$390.0M
YoY Change	7.5%	4.84%
Income Tax	$26.00M	$23.00M
% Of Pretax Income	6.05%	5.9%
Net Earnings	$400.0M	$366.0M
YoY Change	4.44%	4.87%
Net Earnings / Revenue	7.56%	6.91%
Basic Earnings Per Share	$2.11	$1.93
Diluted Earnings Per Share	$2.10	$1.92
COMMON SHARES
Basic Shares Outstanding	189.7M shares	189.7M shares
Diluted Shares Outstanding	190.5M shares	190.6M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$539.0M	$547.0M
YoY Change	8.02%	49.45%
Cash & Equivalents	$539.0M	$547.0M
Short-Term Investments
Other Short-Term Assets	$462.0M	$502.0M
YoY Change	-0.22%	50.3%
Inventory	$1.399B	$1.432B
Prepaid Expenses
Receivables	$1.042B	$1.230B
Other Receivables	$329.0M	$0.00
Total Short-Term Assets	$8.302B	$8.047B
YoY Change	10.68%	17.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.795B	$2.800B
YoY Change	-21.84%	-3.81%
Goodwill	$20.43B	$20.37B
YoY Change	-1.46%	10.59%
Intangibles	$7.874B	$8.080B
YoY Change	-12.99%	26.23%
Long-Term Investments
YoY Change
Other Assets	$2.366B	$2.229B
YoY Change	146.2%	184.67%
Total Long-Term Assets	$33.59B	$33.61B
YoY Change	-3.46%	17.88%
TOTAL ASSETS
Total Short-Term Assets	$8.302B	$8.047B
Total Long-Term Assets	$33.59B	$33.61B
Total Assets	$41.89B	$41.66B
YoY Change	-0.96%	17.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.049B	$1.896B
YoY Change	-2.98%	-6.55%
Accrued Expenses	$1.951B	$1.960B
YoY Change	18.17%	48.04%
Deferred Revenue	$1.878B	$1.889B
YoY Change	-3.2%	14.62%
Short-Term Debt	$1.177B	$2.102B
YoY Change	-42.11%	261.17%
Long-Term Debt Due	$640.0M	$617.0M
YoY Change	76.31%	70.91%
Total Short-Term Liabilities	$7.973B	$8.981B
YoY Change	-6.0%	42.35%
LONG-TERM LIABILITIES
Long-Term Debt	$11.09B	$10.53B
YoY Change	-0.42%	33.89%
Other Long-Term Liabilities	$2.876B	$2.796B
YoY Change	94.46%	26.92%
Total Long-Term Liabilities	$13.97B	$13.33B
YoY Change	10.7%	32.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.973B	$8.981B
Total Long-Term Liabilities	$13.97B	$13.33B
Total Liabilities	$22.83B	$22.75B
YoY Change	-3.18%	34.36%
SHAREHOLDERS EQUITY
Retained Earnings	$3.515B	$3.368B
YoY Change	7.23%	8.26%
Common Stock	$15.68B	$15.71B
YoY Change	0.11%	0.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$19.00B	$18.84B
YoY Change
Total Liabilities & Shareholders Equity	$41.89B	$41.66B
YoY Change	-0.96%	17.8%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$400.0M	$366.0M
YoY Change	4.44%	4.87%
Depreciation, Depletion And Amortization	$324.0M	$536.0M
YoY Change	4.52%	109.38%
Cash From Operating Activities	$780.0M	$754.0M
YoY Change	43.65%	82.13%
INVESTING ACTIVITIES
Capital Expenditures	$78.00M	$97.00M
YoY Change	-47.3%	4.3%
Acquisitions
YoY Change
Other Investing Activities	-$15.00M	$155.0M
YoY Change	-99.68%	131.34%
Cash From Investing Activities	-$93.00M	$58.00M
YoY Change	-98.09%	-323.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-709.0M	-744.0M
YoY Change	-115.9%	31.22%
NET CHANGE
Cash From Operating Activities	780.0M	754.0M
Cash From Investing Activities	-93.00M	58.00M
Cash From Financing Activities	-709.0M	-744.0M
Net Change In Cash	-22.00M	68.00M
YoY Change	-115.83%	-137.99%
FREE CASH FLOW
Cash From Operating Activities	$780.0M	$754.0M
Capital Expenditures	$78.00M	$97.00M
Free Cash Flow	$702.0M	$657.0M
YoY Change	77.72%	104.67%

Facts In Submission

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CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.16
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	221000000	usd
CY2024Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	3000000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18904000000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18408000000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	351000000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	25000000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2000000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	64000000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	22000000	usd
CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2000000	usd
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	122000000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.14
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	216000000	usd
CY2023Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	1000000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18531000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18829000000	usd
	us-gaap	Profit Loss ProfitLoss	652000000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-36000000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	63000000	usd
	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	142000000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	53000000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	27000000	usd
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	322000000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.32
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	445000000	usd
	us-gaap	Stockholders Equity Other StockholdersEquityOther	5000000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18904000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18624000000	usd
	us-gaap	Profit Loss ProfitLoss	690000000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	25000000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	13000000	usd
	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	121000000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	45000000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	28000000	usd
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	518000000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.28
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	436000000	usd
	us-gaap	Stockholders Equity Other StockholdersEquityOther	5000000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18531000000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-bottom:5pt;margin-top:9pt"><span style="color:#016676;font-family:'IBM Plex Sans SemiBold',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:5pt;text-indent:18pt"><span style="color:#283030;font-family:'IBM Plex Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 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 and these Notes. Materially different results can occur as circumstances change and additional information becomes known.</span></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-bottom:5pt;margin-top:9pt"><span id="i3fc9bda5d753428bae4554d1af7ef746_4198"></span><span style="color:#016676;font-family:'IBM Plex Sans SemiBold',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:5pt;text-indent:18pt"><span style="color:#283030;font-family:'IBM Plex Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The classification of certain prior year amounts have been adjusted in our Condensed Consolidated Financial Statements and these Notes to conform to current year classifications.</span></div>
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	189700000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	189200000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	189800000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	189700000	shares
CY2024Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	900000	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	900000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1000000.0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1000000.0	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	190600000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	190100000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	190800000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	190700000	shares
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	900000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1700000	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	800000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2000000.0	shares
CY2024Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3209000000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3196000000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1889000000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1900000000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	83000000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	94000000	usd
CY2024Q2	hrs	Contract With Customer Asset Net Of Liability Current ContractWithCustomerAssetNetOfLiabilityCurrent	1237000000	usd
CY2023Q4	hrs	Contract With Customer Asset Net Of Liability Current ContractWithCustomerAssetNetOfLiabilityCurrent	1202000000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	353000000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	1048000000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	295000000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	898000000	usd
CY2024Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	288000000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	217000000	usd
CY2024Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	383000000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	427000000	usd
CY2024Q2	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	761000000	usd
CY2023Q4	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	828000000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	1432000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	1472000000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	19979000000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	496000000	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	14000000	usd
	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	79000000	usd
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-15000000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	20367000000	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	14000000	usd
CY2024Q2	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	14000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	9881000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3604000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6277000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	9937000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3200000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6737000000	usd
CY2024Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	11684000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3604000000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	8080000000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	11740000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3200000000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	8540000000	usd
CY2024Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	215000000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	432000000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	173000000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	338000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths	826000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Two FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo	758000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Three FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree	590000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	552000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive	451000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive	3100000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6277000000	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.059
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.041
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.056
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.074
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	10876000000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	11226000000	usd
CY2024Q2	hrs	Financing Lease Liability And Other Debt FinancingLeaseLiabilityAndOtherDebt	301000000	usd
CY2023Q4	hrs	Financing Lease Liability And Other Debt FinancingLeaseLiabilityAndOtherDebt	300000000	usd
CY2024Q2	hrs	Long Term Debt And Lease Obligation Gross LongTermDebtAndLeaseObligationGross	11177000000	usd
CY2023Q4	hrs	Long Term Debt And Lease Obligation Gross LongTermDebtAndLeaseObligationGross	11526000000	usd
CY2024Q2	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	44000000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	51000000	usd
CY2024Q2	hrs	Debt Instrument Unamortized Discount And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountAndDebtIssuanceCostsNet	71000000	usd
CY2023Q4	hrs	Debt Instrument Unamortized Discount And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountAndDebtIssuanceCostsNet	54000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	11150000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	11523000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	617000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	363000000	usd
CY2024Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	10533000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	11160000000	usd
CY2024Q2	hrs	Number Of Shareholder Approved Employee Stock Incentive Plans NumberOfShareholderApprovedEmployeeStockIncentivePlans	3	plan
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	15000000	usd
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	19000000	usd
CY2024Q2	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	34000000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	87000000	usd
CY2023Q2	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	33000000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	69000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	31700000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.45
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12M
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.30
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12M
CY2023Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	4000000	usd
	us-gaap	Restructuring Charges RestructuringCharges	65000000	usd
	us-gaap	Payments For Restructuring PaymentsForRestructuring	60000000	usd
	us-gaap	Restructuring Reserve Period Increase Decrease RestructuringReservePeriodIncreaseDecrease	5000000	usd
CY2024Q2	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	9000000	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	14000000	usd
CY2024Q2	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	14000000	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	4	segment
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	segment
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5299000000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4693000000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10510000000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	9164000000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	476000000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	400000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	854000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	793000000	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	86000000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	83000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	174000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	165000000	usd
CY2024Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-172000000	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-111000000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-348000000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-213000000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	390000000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	372000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	680000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	745000000	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	4	segment
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	segment
CY2024Q2	us-gaap	Assets Assets	41657000000	usd
CY2023Q4	us-gaap	Assets Assets	41687000000	usd
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
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$LHX
L3HARRIS TECHNOLOGIES, INC. /DE/ Stock $lhx

2024 Q3 Form 10-Q Financial Statement

#000020205824000140 Filed on July 26, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LHX L3HARRIS TECHNOLOGIES, INC. /DE/ Stock $lhx

2024 Q3 Form 10-Q Financial Statement

#000020205824000140 Filed on July 26, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LHX
L3HARRIS TECHNOLOGIES, INC. /DE/ Stock $lhx