XML 23 R77.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Combining Financial Information of L-3 Communications and Its Subsidiaries (Details) (USD $)
In Millions
Jul. 01, 2011
Dec. 31, 2010
Jun. 25, 2010
Dec. 31, 2009
Current assets:        
Cash and cash equivalents $ 548 [1] $ 607 $ 1,023 $ 1,016
Billed receivables, net 1,240 [1] 1,299    
Contracts in process 2,734 [1] 2,548    
Other current assets 662 624    
Total current assets 5,184 [1] 5,078    
Goodwill 8,795 [1] 8,730    
Other assets 1,598 1,643    
Investment in and amounts due from consolidated subsidiaries 0 0    
Total assets 15,577 [1] 15,451    
Current portion of long-term debt 0 [1] 11    
Other current liabilities   2,722    
Current liabilities 2,671 [1] 2,733    
Amounts due to consolidated subsidiaries 0 0    
Other long-term liabilities 1,765 1,737    
Long-term debt 4,126 [1] 4,126    
Total liabilities 8,562 [1] 8,596    
L-3 shareholders' equity 6,924 [1] 6,764    
Noncontrolling interests 91 [1] 91    
Total equity 7,015 [1] 6,855 6,926 6,660
Total liabilities and equity 15,577 [1] 15,451    
L-3 Holdings (Parent) [Member]
       
Current assets:        
Cash and cash equivalents 0 0    
Billed receivables, net 0 0    
Contracts in process 0 0    
Other current assets 0 0    
Total current assets 0 0    
Goodwill 0 0    
Other assets 0 0    
Investment in and amounts due from consolidated subsidiaries 7,613 7,462    
Total assets 7,613 7,462    
Current portion of long-term debt   11    
Other current liabilities   0    
Current liabilities 0      
Amounts due to consolidated subsidiaries 0 0    
Other long-term liabilities 0 0    
Long-term debt 689 687    
Total liabilities 689 698    
L-3 shareholders' equity 6,924 6,764    
Noncontrolling interests 0 0    
Total equity 6,924 6,764    
Total liabilities and equity 7,613 7,462    
L-3 Communications [Member]
       
Current assets:        
Cash and cash equivalents 129 257 667 797
Billed receivables, net 341 387    
Contracts in process 872 801    
Other current assets 297 295    
Total current assets 1,639 1,740    
Goodwill 1,867 1,857    
Other assets 685 693    
Investment in and amounts due from consolidated subsidiaries 9,110 8,912    
Total assets 13,301 13,202    
Current portion of long-term debt   11    
Other current liabilities   898    
Current liabilities 826      
Amounts due to consolidated subsidiaries 0 0    
Other long-term liabilities 1,425 1,403    
Long-term debt 4,126 4,126    
Total liabilities 6,377 6,438    
L-3 shareholders' equity 6,924 6,764    
Noncontrolling interests 0 0    
Total equity 6,924 6,764    
Total liabilities and equity 13,301 13,202    
Guarantor Subsidiaries [Member]
       
Current assets:        
Cash and cash equivalents 10 3 3 4
Billed receivables, net 666 680    
Contracts in process 1,567 1,525    
Other current assets 157 161    
Total current assets 2,400 2,369    
Goodwill 5,595 5,592    
Other assets 727 763    
Investment in and amounts due from consolidated subsidiaries 2,555 2,417    
Total assets 11,277 11,141    
Current portion of long-term debt   0    
Other current liabilities   1,388    
Current liabilities 1,305      
Amounts due to consolidated subsidiaries 0 0    
Other long-term liabilities 235 235    
Long-term debt 0 0    
Total liabilities 1,540 1,623    
L-3 shareholders' equity 9,737 9,518    
Noncontrolling interests 0 0    
Total equity 9,737 9,518    
Total liabilities and equity 11,277 11,141    
Non-Guarantor Subsidiaries [Member]
       
Current assets:        
Cash and cash equivalents 464 482 439 364
Billed receivables, net 233 232    
Contracts in process 295 222    
Other current assets 208 168    
Total current assets 1,200 1,104    
Goodwill 1,333 1,281    
Other assets 186 187    
Investment in and amounts due from consolidated subsidiaries 0 0    
Total assets 2,719 2,572    
Current portion of long-term debt   0    
Other current liabilities   571    
Current liabilities 595      
Amounts due to consolidated subsidiaries 420 439    
Other long-term liabilities 105 99    
Long-term debt 0 0    
Total liabilities 1,120 1,109    
L-3 shareholders' equity 1,599 1,463    
Noncontrolling interests 0 0    
Total equity 1,599 1,463    
Total liabilities and equity 2,719 2,572    
Eliminations [Member]
       
Current assets:        
Cash and cash equivalents (55) (135) (86) (149)
Billed receivables, net 0 0    
Contracts in process 0 0    
Other current assets 0 0    
Total current assets (55) (135)    
Goodwill 0 0    
Other assets 0 0    
Investment in and amounts due from consolidated subsidiaries (19,278) (18,791)    
Total assets (19,333) (18,926)    
Current portion of long-term debt   (11)    
Other current liabilities   (135)    
Current liabilities (55)      
Amounts due to consolidated subsidiaries (420) (439)    
Other long-term liabilities 0 0    
Long-term debt (689) (687)    
Total liabilities (1,164) (1,272)    
L-3 shareholders' equity (18,260) (17,745)    
Noncontrolling interests 91 91    
Total equity (18,169) (17,654)    
Total liabilities and equity $ (19,333) $ (18,926)    
[1] Unaudited