STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 27, 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 three quarters ended September 27, 2024 and September 29, 2023 were as follows:

	Three Quarters Ended
	September 27, 2024			September 29, 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	$	54.63
Restricted stock units granted(2)	0.2	$	214.00	0.3	$	200.61
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.