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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Jun. 28, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 5,299 $ 4,693 $ 10,510 $ 9,164
Cost of revenue (3,939) (3,506) (7,802) (6,811)
General and administrative expenses (884) (787) (1,854) (1,560)
Operating income 476 400 854 793
Non-service FAS pension income and other, net [1] 86 83 174 165
Interest expense, net (172) (111) (348) (213)
Income before income taxes 390 372 680 745
Income taxes (23) (21) (28) (55)
Net income 367 351 652 690
Noncontrolling interests, net of income taxes (1) (2) (3) (4)
Net income attributable to L3Harris Technologies, Inc. $ 366 $ 349 $ 649 $ 686
Net income per common share attributable to L3Harris Technologies, Inc. common shareholders        
Basic (in dollars per share) $ 1.93 $ 1.84 $ 3.42 $ 3.61
Diluted (in dollars per share) $ 1.92 $ 1.83 $ 3.40 $ 3.60
Basic weighted-average common shares outstanding (in shares) 189.7 189.2 189.8 189.7
Diluted weighted-average common shares outstanding (in shares) 190.6 190.1 190.8 190.7
[1] “FAS” is defined as Financial Accounting Standards.