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STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION
 6 Months Ended
Jun. 28, 2024
Share-Based Payment Arrangement [Abstract]  
STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION
NOTE I: STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION
At June 28, 2024, we had stock options and other share-based compensation awards outstanding under three shareholder-approved employee stock incentive plans, including our 2024 Equity Incentive Plan, which was approved by our shareholders during the quarter ended June 28, 2024, as well as under employee stock incentive plans assumed by L3Harris (collectively, the “L3Harris SIPs”). Total share-based compensation expense was $27 million and $53 million for the quarter and two quarters ended June 28, 2024, respectively, and $22 million and $45 million for the quarter and two quarters ended June 30, 2023, respectively.
Awards granted to participants under L3Harris SIPs and the weighted-average grant-date fair value per share or unit during the two quarters ended June 28, 2024 and June 30, 2023 were as follows:
Two Quarters Ended June 28, 2024Two Quarters Ended June 30, 2023
(In millions, except per share/units amounts)Shares or UnitsWeighted-Average Grant-Date Fair Value
Per Share or Unit		Shares or UnitsWeighted-Average Grant-Date Fair Value
Per Share or Unit
Stock option shares granted(1)
0.4 $50.99 0.4 $54.81 
Restricted stock units granted(2)
0.1 $212.80 0.2 $209.13 
Performance share units granted(3)
0.2 $230.09 0.2 $223.09 
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(1)Other than certain stock options granted in connection with new hires, our stock options generally ratably vest in equal amounts over a three-year period.
(2)Other than certain restricted stock units granted in connection with new hires, our restricted stock units generally cliff vest after three-years.
(3)Our performance share units are subject to performance criteria and generally vest after the three-year performance period.
The aggregate number of shares of our common stock issued under L3Harris SIPs, net of shares withheld for tax purposes, was 0.3 million and 0.8 million for the quarter and two quarters ended June 28, 2024, respectively, and was 0.1 million and 0.4 million for the quarter and two quarters ended June 30, 2023, respectively.
See Note 10: Stock Options and Other Share-Based Compensation in our Fiscal 2023 Form 10-K for additional information regarding the L3Harris SIPs.