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Income From Continuing Operations Per Share | 6 Months Ended
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Jul. 03, 2020
Earnings Per Share [Abstract] |
Income From Continuing Operations Per Share | Note O — Income From Continuing Operations Per Share The computations of income from continuing operations per common share attributable to L3Harris common shareholders are as follows:
| Quarter Ended |  |  |  | Two Quarters Ended |  |
| July 3, 2020 |  | June 28, 2019 |  | July 3, 2020 |  | June 28, 2019
| (In millions, except per share amounts) |  |  |  |  |  |
Income from continuing operations | $ | 283 |  |  | $ | 269 |  |  | $ | 501 |  |  | $ | 512 |
Adjustments for participating securities outstanding | — |  |  | (1) |  |  | — |  |  | (2) |
Income from continuing operations used in per basic and diluted common share calculations (A) | $ | 283 |  |  | $ | 268 |  |  | $ | 501 |  |  | $ | 510 |
Basic weighted average common shares outstanding (B) | 215.9 |  |  | 118.3 |  |  | 216.7 |  | 118.1
Impact of dilutive share-based awards | 1.9 |  |  | 2.8 |  |  | 2.0 |  | 2.6
Diluted weighted average common shares outstanding (C) | 217.8 |  |  | 121.1 |  |  | 218.7 |  | 120.7
Income from continuing operations per basic common share (A)/(B) | $ | 1.31 |  |  | $ | 2.26 |  |  | $ | 2.31 |  |  | $ | 4.32 |
Income from continuing operations per diluted common share (A)/(C) | $ | 1.30 |  |  | $ | 2.21 |  |  | $ | 2.29 |  |  | $ | 4.23 |
Potential dilutive common shares primarily consist of employee stock options, restricted stock units and performance stock units. Income from continuing operations per diluted common share excludes the anti-dilutive impact of 1,526,155 and 1,244,779 weighted average share-based awards outstanding for the quarter and two quarters ended July 3, 2020, respectively, and 262,174 and 264,079 weighted average share-based awards outstanding for the quarter and two quarters ended June 28, 2019, respectively.

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