XML 48 R25.htm IDEA: XBRL DOCUMENT
v3.20.4

INCOME FROM CONTINUING OPERATIONS PER SHARE | 12 Months Ended
--- | ---
Jan. 01, 2021
Earnings Per Share [Abstract] |
INCOME FROM CONTINUING OPERATIONS PER SHARE | NOTE 17: 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 |
Potential dilutive common shares primarily consist of employee stock options and restricted and performance unit awards. Income from continuing operations per diluted common share excludes the antidilutive impact of 1,300,214, 604,969, 271,892 and 48,590 weighted average share-based awards outstanding in fiscal 2020, the two quarters ended January 3, 2020, and fiscal 2019 and 2018, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration