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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 27, 2024
Sep. 29, 2023
Income Statement [Abstract]        
Revenue $ 5,292 $ 4,915 $ 15,802 $ 14,079
Cost of revenue (3,873) (3,608) (11,675) (10,419)
General and administrative expenses (924) (828) (2,778) (2,388)
Operating income 495 479 1,349 1,272
Non-service FAS pension income and other, net [1] 101 80 275 245
Interest expense, net (166) (159) (514) (372)
Income before income taxes 430 400 1,110 1,145
Income taxes (26) (18) (54) (73)
Net income 404 382 1,056 1,072
Noncontrolling interests, net of income taxes (4) 1 (7) (3)
Net income attributable to L3Harris Technologies, Inc. $ 400 $ 383 $ 1,049 $ 1,069
Net income per common share attributable to L3Harris Technologies, Inc. common shareholders        
Basic (in dollars per share) $ 2.11 $ 2.02 $ 5.53 $ 5.64
Diluted (in dollars per share) $ 2.10 $ 2.02 $ 5.50 $ 5.61
Basic weighted-average common shares outstanding (in shares) 189.6 189.3 189.7 189.6
Diluted weighted-average common shares outstanding (in shares) 190.5 190.1 190.7 190.6
[1] “FAS” is defined as Financial Accounting Standards.