XML 90 R67.htm IDEA: XBRL DOCUMENT v3.20.4
BUSINESS COMBINATION - Preliminary Measurement of Assets Acquired, Liabilities Assumed and Noncontrolling Interest (Details) - USD ($)
$ in Millions
6 Months Ended 9 Months Ended
Jan. 03, 2020
Oct. 02, 2020
Jan. 01, 2021
Jun. 29, 2019
Jun. 28, 2019
Preliminary Fair Value          
Goodwill $ 20,001   $ 18,876   $ 5,340
Measurement Period Adjustments          
Goodwill   $ (90)      
L3Harris          
Preliminary Fair Value          
Receivables 829        
Contract assets 1,651        
Inventories 983        
Other current assets 501        
Property, plant and equipment 1,219        
Operating lease right-of-use assets 812        
Goodwill 14,582        
Other intangible assets 8,458     $ 8,458  
Other non-current assets 314        
Total assets acquired 29,349        
Accounts payable 885        
Contract liabilities 726        
Other current liabilities 1,073        
Operating lease liabilities 760        
Defined benefit plans 1,411        
Long-term debt, net 3,548        
Other long-term liabilities 2,141        
Total liabilities assumed 10,544        
Net assets acquired 18,805        
Noncontrolling interests (155)        
Total net consideration transferred 18,650        
Measurement Period Adjustments          
Receivables (20)        
Contract assets (57)        
Inventories (73)        
Other current assets (16)        
Property, plant and equipment 43        
Operating lease right-of-use assets 108        
Goodwill (841)        
Other intangible assets 1,690        
Other non-current assets (13)        
Total assets acquired 821        
Accounts payable (13)        
Contract liabilities 4        
Other current liabilities 301        
Operating lease liabilities 45        
Defined benefit plans 0        
Long-term debt, net 0        
Other long-term liabilities 480        
Total liabilities assumed 817        
Net assets acquired 4        
Noncontrolling interests (4)        
Total net consideration transferred $ 0        
As Previously Reported | L3Harris          
Preliminary Fair Value          
Receivables       849  
Contract assets       1,708  
Inventories       1,056  
Other current assets       517  
Property, plant and equipment       1,176  
Operating lease right-of-use assets       704  
Goodwill       15,423  
Other intangible assets       6,768  
Other non-current assets       327  
Total assets acquired       28,528  
Accounts payable       898  
Contract liabilities       722  
Other current liabilities       772  
Operating lease liabilities       715  
Defined benefit plans       1,411  
Long-term debt, net       3,548  
Other long-term liabilities       1,661  
Total liabilities assumed       9,727  
Net assets acquired       18,801  
Noncontrolling interests       (151)  
Total net consideration transferred       $ 18,650