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BUSINESS DIVESTITURES AND ASSET SALES (Tables)
 12 Months Ended
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Business Divestitures and Asset Sales
The following table presents information regarding business divestitures and asset sales completed by us during fiscal 2021, 2020 and the two quarters ended January 3, 2020. There were no businesses divested during the fiscal year ended June 28, 2019.
(In millions)
Business Segment(1)
Date of DivestitureSale Price
Fiscal 2021
Narda-MITEQ business(2)
Aviation SystemsDecember 6, 2021$75 
ESSCO business(3)
Aviation SystemsNovember 26, 202155 
Electron Devices business(4)
Aviation SystemsOctober 1, 2021185 
VSE disposal group(5)
Aviation SystemsJuly 30, 202120 
CPS business(6)
Aviation SystemsJuly 2, 2021398 
Military training business(7)
Aviation SystemsJuly 2, 20211,050 
$1,783 
Fiscal 2020
EOTech business(8)
Communication SystemsJuly 31, 2020$42 
Applied Kilovolts business(9)
Space & Airborne SystemsMay 15, 202012 
Airport security and automation business(10)
Aviation SystemsMay 4, 20201,000 
$1,054 
Two quarters ended January 3, 2020
Harris Night Vision(11)
Other non-reportable businessesSeptember 13, 2019$350 
Stormscope(12)
Aviation SystemsAugust 30, 201920 
$370 
_______________
(1) Business segment in which the operating results of each divested business were reported through the date of divestiture.
(2) The Narda-MITEQ business manufactured component, satellite communication and radio frequency safety products for both military and commercial markets.
(3) The ESSCO business manufactured metal space frame ground radomes and composite structures.
(4) The Electron Devices and Narda Microwave-West divisions (“Electron Devices business”) manufactured microwave devices for ground-based, airborne and satellite communications and radar.
(5) The Voice Switch Enterprise disposal group (“VSE disposal group”) provided voice over internet protocol systems for air traffic management communications.
(6) The Combat Propulsion Systems and related businesses (“CPS business”) engineered, designed and manufactured engines, transmissions, suspensions and turret drive systems for tracked and wheeled combat vehicle systems.
(7) The military training business provided flight simulation solutions and training services to the U.S. Department of Defense (“DoD”) and foreign military agencies.
(8) The EOTech business manufactured holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world.
(9) The Applied Kilovolts and Analytical Instrumentation business (“Applied Kilovolts business”) manufactured high-voltage power supplies and ion detectors for customers in fields such as biotechnology, materials science, healthcare, forensics, environmental sciences and homeland security.
(10) The Security & Detection Systems and MacDonald Humfrey Automation solutions business (“airport security and automation business”) provided solutions used by the aviation and transportation industries, regulatory and customs authorities, government and law enforcement agencies and commercial and other high-security facilities.
(11) The Harris Night Vision business was a global supplier of high-performance, vision-enhancing products for U.S. and allied military and security forces and commercial customers.
(12) The Stormscope product line (“Stormscope”) provided lightning detection systems for the aviation market.
Income Before Income Taxes Attributable to Businesses Divested
The following table presents the amount of income before income taxes attributable to businesses divested in our Consolidated Statement of Income:
Fiscal Years EndedTwo Quarters EndedFiscal Year Ended
(In millions)December 31, 2021January 1, 2021January 3, 2020June 28, 2019
Electron Devices business
$44 $33 $10 N/A
CPS business
53 62 15 N/A
Military training business35 84 22 N/A
Airport security and automation businessN/A
*
27 N/A
Harris Night Vision
N/AN/A
*
27 
_________________
*Not material
Business Divestiture-Related Gains (Losses)
The “Business divestiture-related gains (losses)” line item in our Consolidated Statement of Income is comprised of the following pre-tax gains (losses) associated with businesses divested:
Fiscal Years Ended
(In millions)December 31, 2021January 1, 2021
Narda-MITEQ business$(9)$— 
ESSCO business31 — 
Electron Devices business31 — 
VSE disposal group(1)
(29)(18)
CPS business(2)
(19)— 
Military training business217 — 
EOTech— 2 
Airport security and automation business— (23)
Other(3)
(2)(12)
Total Business divestiture-related gains (losses)$220 $(51)
_______________
(1)During the quarter ended July 3, 2020, upon classifying the VSE disposal group as held for sale, we recorded a non-cash impairment charge of $14 million, which is included in the “Impairment of goodwill and other assets” line item in our Consolidated Statement of Income for fiscal 2020. We recognized an $18 million non-cash remeasurement loss related to the VSE disposal group during fiscal 2020.
(2)During the quarter ended April 2, 2021, upon classifying the CPS business as held for sale, we recorded a non-cash impairment charge of $62 million, which is included in the “Impairment of goodwill and other assets” line item in our Consolidated Statement of Income for fiscal 2021. See Note 9: Goodwill in these Notes for additional information.(3)Reflects adjustments to the gains and losses on completed divestitures not shown above, including for fiscal 2020, $12 million for finalization of purchase price adjustments and recognition of a non-cash adjustment related to working capital, which decreased the $229 million gain initially recognized on the sale of the Harris Night Vision business divested on September 13, 2019.