XML 29 R16.htm IDEA: XBRL DOCUMENT
v3.25.2

SHARE-BASED COMPENSATION | 6 Months Ended
--- | ---
Jun. 27, 2025
Share-Based Payment Arrangement [Abstract] |
SHARE-BASED COMPENSATION | NOTE I: SHARE-BASED COMPENSATION As of June 27, 2025, we had stock options and other share-based compensation awards outstanding under our 2024 Equity Incentive Plan and predecessor plans (collectively, the “L3Harris SIPs”). Awards granted to participants under the L3Harris SIPs and the weighted-average grant-date fair value per share or unit were as follows:
| Year to Date
| 2025 |  | 2024
(In thousands, except per share/unit amounts) | Shares or Units |  | Weighted-Average Grant-Date Fair Value Per Share or Unit |  | Shares or Units |  | Weighted-Average Grant-Date Fair Value Per Share or Unit
Stock option shares granted(1) | 388 |  |  | $ | 49.20 |  |  | 415 |  |  | $ | 50.99 |
RSUs granted(2) | 229 |  |  | $ | 210.15 |  |  | 142 |  |  | $ | 212.80 |
PSUs granted(3) | 185 |  |  | $ | 217.67 |  |  | 172 |  |  | $ | 230.09 |
_______________ (1)Other than certain stock options granted in connection with new hires, our stock options generally vest ratably in equal amounts over a three-year period. (2)The majority of our RSUs, including those granted annually to executives under our long-term incentive plan, cliff vest after three years. (3)Our PSUs are subject to performance criteria and generally vest after the three-year performance period. The aggregate number of shares of our common stock issued under the L3Harris SIPs, net of shares withheld for tax purposes, was 0.2 million and 0.4 million for second quarter and year to date 2025, respectively, and 0.3 million and 0.8 million for second quarter and year to date 2024, respectively. Share-based compensation expense was $29 million and $48 million for second quarter and year to date 2025, respectively, and $27 million and $53 million for second quarter and year to date 2024, respectively.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (l) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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