EARNINGS PER SHARE ("EPS")

6 Months Ended

Jun. 28, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE ("EPS")

NOTE B: EARNINGS PER SHARE (“EPS”)

EPS is net income attributable to L3Harris common shareholders divided by either our weighted average number of basic or diluted shares outstanding. Potential dilutive common shares primarily consist of employee stock options and restricted and performance unit awards.

The weighted-average number of common shares outstanding used to compute basic and diluted EPS were as follows:

	Quarter Ended		Two Quarters Ended
(In millions)	June 28, 2024	June 30, 2023	June 28, 2024	June 30, 2023
Basic weighted-average common shares outstanding	189.7	189.2	189.8	189.7
Impact of dilutive share-based awards	0.9	0.9	1.0	1.0
Diluted weighted-average common shares outstanding	190.6	190.1	190.8	190.7

Diluted EPS excludes the antidilutive impact of 0.9 million and 1.7 million weighted-average share-based awards outstanding for the quarter and two quarters ended June 28, 2024, respectively, and 0.8 million and 2.0 million weighted-average share-based awards outstanding for the quarter and two quarters ended June 30, 2023, respectively.