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TRANSITION PERIOD COMPARATIVE DATA (UNAUDITED)
 6 Months Ended
Jan. 03, 2020
Condensed Financial Information Disclosure [Abstract]  
TRANSITION PERIOD COMPARATIVE DATA (UNAUDITED)
NOTE 27: TRANSITION PERIOD COMPARATIVE DATA (UNAUDITED)
The following table presents certain comparative financial information for the two quarters ended January 3, 2020 and two quarters ended December 28, 2018:
 
Two Quarters Ended
 
January 3,
2020
 
December 28, 2018
 
 
 
 
 
(In millions, except per share amounts)
Revenue from product sales and services
$
9,263

 
$
3,208

Cost of product sales and services
(6,726
)
 
(2,105
)
Engineering, selling and administrative expenses
(1,927
)
 
(583
)
Gain on sale of business
229

 
—

Non-operating income
192

 
94

Interest income
12

 
1

Interest expense
(135
)
 
(87
)
Income from continuing operations before income taxes
908

 
528

Income taxes
(73
)
 
(87
)
Income from continuing operations
835

 
441

Discontinued operations, net of income taxes
(1
)
 
(3
)
Net income
834

 
438

Noncontrolling interests, net of income taxes
(12
)
 
—

Net income attributable to L3Harris Technologies, Inc.
$
822

 
$
438

 
 
 
 
Net income per common share attributable to L3Harris Technologies, Inc. common shareholders

 
 
 
Basic
 
 
 
Continuing operations
$
3.72

 
$
3.74

Discontinued operations
—

 
(0.03
)
 
$
3.72

 
$
3.71

Diluted
 
 
 
Continuing operations
$
3.68

 
$
3.66

Discontinued operations
(0.01
)
 
(0.02
)
 
$
3.67

 
$
3.64

 
 
 
 
Basic weighted average common shares outstanding
221.2

 
117.8

Diluted weighted average common shares outstanding
223.7

 
120.3