SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of Average Warranty Period by Segment

Our standard warranties start from the shipment, delivery or customer acceptance date and continue as follows:

Segment	Average Warranty Period
Integrated Mission Systems	One to three years
Space & Airborne Systems	One to three years
Communication Systems	One to five years
Aviation Systems	One to two years

Schedule of Net Estimated at Completion ("EAC") Adjustments

Net EAC adjustments had the following impact to earnings for the periods presented:

	Fiscal Years Ended				Two Quarters Ended		Fiscal Year Ended
(In millions, except per share amounts)	December 31, 2021		January 1, 2021		January 3, 2020		June 28, 2019
Net EAC adjustments, before income taxes	$	304	$	400	$	137	$	17
Net EAC adjustments, net of income taxes	228		300		103		13
Net EAC adjustments, net of income taxes, per diluted share	1.12		1.39		0.46		0.10