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INCOME FROM CONTINUING OPERATIONS PER SHARE (Tables) | 12 Months Ended
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Jan. 01, 2021
Earnings Per Share [Abstract] |
Income From Continuing Operations Per Share | The computations of income from continuing operations per common share attributable to L3Harris common shareholders are as follows:
| Fiscal Year Ended |  | Two Quarters Ended |  | Fiscal Years Ended
(In millions, except per share amounts) | January 1, 2021 |  | January 3, 2020 |  | June 28, 2019 |  | June 29, 2018
Income from continuing operations | $ | 1,121 |  |  | $ | 823 |  |  | $ | 953 |  |  | $ | 702 |
Adjustments for participating securities outstanding | — |  |  | — |  |  | (2) |  |  | (2) |
Income from continuing operations used in per basic and diluted common share calculations (A) | $ | 1,121 |  |  | $ | 823 |  |  | $ | 951 |  |  | $ | 700 |
Basic weighted average common shares outstanding (B) | 214.0 |  |  | 221.2 |  |  | 118.0 |  |  | 118.6 |
Impact of dilutive share-based awards | 1.9 |  |  | 2.5 |  |  | 2.5 |  |  | 2.5 |
Diluted weighted average common shares outstanding (C) | 215.9 |  |  | 223.7 |  |  | 120.5 |  |  | 121.1 |
Income from continuing operations per basic common share (A)/(B) | $ | 5.24 |  |  | $ | 3.72 |  |  | $ | 8.06 |  |  | $ | 5.90 |
Income from continuing operations per diluted common share (A)/(C) | $ | 5.19 |  |  | $ | 3.68 |  |  | $ | 7.89 |  |  | $ | 5.78 |

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