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STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION | 3 Months Ended
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Mar. 31, 2023
Share-Based Payment Arrangement [Abstract] |
STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION | NOTE C: STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION At March 31, 2023, we had stock options or other share-based compensation awards outstanding under several employee stock incentive plans (“L3Harris SIPs”). The compensation cost related to our share-based awards that was charged against income for the quarters ended March 31, 2023 and April 1, 2022 was $23 million and $28 million, respectively. Awards granted to participants under L3Harris SIPs and the weighted-average grant-date fair value per share during the quarters ended March 31, 2023 and April 1, 2022 are as follows:
| Quarter Ended March 31, 2023 |  | Quarter Ended April 1, 2022
(In millions, except per share amounts) | Shares |  | Weighted-Average Grant-Date Fair Value Per Share |  | Shares |  | Weighted-Average Grant-Date Fair Value Per Share
Stock options granted(1) | 0.4 |  |  | $ | 54.81 |  |  | 0.4 |  |  | $ | 53.42 |
Restricted stock and restricted stock units granted(2) | 0.1 |  |  | $ | 210.84 |  |  | 0.2 |  |  | $ | 220.97 |
Performance share units granted(3) | 0.2 |  |  | $ | 223.09 |  |  | 0.2 |  |  | $ | 258.83 |
_______________ (1)Other than certain stock options granted in connection with new hires, our stock options generally step-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 and restricted stock units generally vest on a three-year cliff. (3)Our performance share units are subject to performance criteria and generally vest after the three-year performance period. See Note 15: Stock Options and Other Share-Based Compensation in our Fiscal 2022 Form 10-K for additional information regarding the L3Harris SIPs.

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