STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 28, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Awards Granted, Stock Option and Units

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, 2024			Two Quarters Ended June 30, 2023
(In millions, except per share/units amounts)	Shares or Units	Weighted-Average Grant-Date Fair Value Per Share or Unit		Shares or Units	Weighted-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.