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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Total net sales $ 10,244 $ 9,573 $ 9,210
Operating costs and expenses:      
Cost of sales (9,138) (8,542) (8,252)
General and administrative expenses (1,601) (1,520) (1,287)
Total operating costs and expenses (9,138) (8,542) (8,252)
Gain on sale of the Crestview Aerospace and TCS businesses 42 0 0
Merger and acquisition related expenses (28) 0 0
Operating income 1,120 1,031 958
Interest expense (164) (169) (164)
Interest and other income, net 37 9 17
Debt retirement charges (69) 0 (7)
Income from continuing operations before income taxes 924 871 804
Provision for income taxes (103) (102) (171)
Income from continuing operations 821 769 633
Income (loss) from discontinued operations, net of income taxes 205 (76) 91
Net income 1,026 693 724
Net income from continuing operations attributable to noncontrolling interests (21) (16) (14)
Net income attributable to L3 $ 1,005 $ 677 $ 710
Basic earnings (loss) per share attributable to common shareholders:      
Continuing operations (in dollars per share) $ 10.19 $ 9.65 $ 7.99
Discontinued operations (in dollars per share) 2.61 (0.97) 1.18
Basic earnings (loss) per share (in dollars per share) 12.80 8.68 9.17
Diluted earnings (loss) per share attributable to common shareholders:      
Continuing operations (in dollars per share) 10.05 9.46 7.86
Discontinued operations (in dollars per share) 2.58 (0.95) 1.15
Diluted earnings (loss) per share (in dollars per share) 12.63 8.51 9.01
Cash dividends declared per common share (in dollars per share) $ 3.2 $ 3 $ 2.8
Weighted average common shares outstanding:      
Basic (in shares) 78.5 78.0 77.4
Diluted (in shares) 79.6 79.6 78.8
Product [Member]      
Total net sales $ 7,165 $ 6,733 $ 6,453
Operating costs and expenses:      
Cost of sales (5,345) (4,967) (4,879)
Service [Member]      
Total net sales 3,079 2,840 2,757
Operating costs and expenses:      
Cost of sales $ (2,192) $ (2,055) $ (2,086)