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STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Classification of Share-based Compensation Expense
The following table summarizes the amounts and classification of share-based compensation expense:
Fiscal Year Ended
(In millions)December 30, 2022December 31, 2021January 1, 2021
Total expense$109 $129 $94 
Included in:
Cost of product sales and services$19 $14 $11 
Engineering, selling and administrative expenses90 115 83 
Income from continuing operations109 129 94 
Tax effect on share-based compensation expense(27)(33)(24)
Total share-based compensation expense after-tax$82 $96 $70 
Schedule of Assumptions Used In Calculating Fair Value of Stock Option Grants
A summary of the assumptions used in determining the fair value of the stock option grants under our L3Harris SIPs is as follows:
Fiscal Year Ended
December 30, 2022December 31, 2021January 1, 2021
Expected dividends2.00%1.99%1.55%
Expected volatility29.09%31.71%22.74%
Risk-free interest rate range1.63%-4.27%0.75%0.89%
Expected term (years)5.025.055.04
Schedule of Stock Option Activity
A summary of stock option activity under our L3Harris SIPs as of December 30, 2022 and changes during fiscal 2022 is as follows:
SharesWeighted
Average
Exercise
Price
Per Share		Weighted
Average
Remaining
Contractual
Term (In years)		Aggregate
Intrinsic 
Value (In millions)
Stock options outstanding at December 31, 20213,529,088 $150.68 
Granted390,347 $231.89 
Exercised(469,241)$120.58 
Forfeited or expired(144,065)$196.26 
Stock options outstanding at December 30, 20223,306,129 $162.56 5.97$160 
Stock options exercisable at December 30, 20222,620,411 $150.11 5.30$153 
Schedule of Nonvested Stock Options Activity
A summary of the status of our nonvested stock options at December 30, 2022 and changes during fiscal 2022 is as follows:
SharesWeighted-Average
Grant-Date Fair Value
Per Share
Nonvested stock options at December 31, 20211,519,321 $38.79 
Granted390,347 $53.66 
Vested/forfeited, net(1,223,950)$38.91 
Nonvested stock options at December 30, 2022685,718 $46.76 
Schedule of Restricted Stock and Restricted Stock Units Activity
A summary of the status of these awards at December 30, 2022 and changes during fiscal 2022 is as follows:
Shares or UnitsWeighted-Average
Grant Price Per Share or Unit
Restricted stock and restricted stock units outstanding at December 31, 2021803,226 $192.33 
Granted330,379 $225.58 
Vested(369,368)$198.15 
Forfeited(90,742)$201.41 
Restricted stock and restricted stock units outstanding at December 30, 2022673,495 $211.16 
Schedule of Performance Shares Activity
A summary of the status of these awards at December 30, 2022 and changes during fiscal 2022 is as follows:
Shares or Units
Weighted-Average
Grant Price
Per Share or Unit(1)
Performance share units outstanding at December 31, 2021458,171 $210.18 
Granted163,660 $258.83 
Adjustment(1)
148,950 $204.85 
Vested(198,600)$204.85 
Forfeited(47,838)$212.51 
Performance share units outstanding at December 30, 2022524,343 $224.94 
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(1) Adjustment for achievement of performance measures