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Condensed Consolidated Balance Sheets (USD $)
In Millions
9 Months Ended12 Months Ended
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 538[1]$ 607
Billed receivables, net of allowances of $30 in 2011 and $34 in 20101,188[1]1,299
Contracts in process2,783[1]2,548
Inventories352[1]303
Deferred income taxes116[1]114
Other current assets168[1]207
Total current assets5,145[1]5,078
Property, plant and equipment, net917[1]923
Goodwill8,735[1]8,730
Identifiable intangible assets428[1]470
Deferred debt issue costs34[1]39
Other assets194[1]211
Total assets15,453[1]15,451
Current liabilities:  
Current portion of long-term debt0[1]11
Accounts payable, trade515[1]463
Accrued employment costs698[1]672
Accrued expenses577[1]569
Advance payments and billings in excess of costs incurred539[1]580
Income taxes22[1]49
Other current liabilities389[1]389
Total current liabilities2,740[1]2,733
Pension and postretirement benefits870[1]943
Deferred income taxes418[1]308
Other liabilities512[1]486
Long-term debt4,126[1]4,126
Total liabilities8,666[1]8,596
Commitments and contingencies (see Note 17) [1] 
L-3 shareholders' equity:  
L-3 Communications Holdings, Inc.'s common stock: $.01 par value; 300,000,000 shares authorized, 100,880,071 shares outstanding at September 30, 2011 and 108,623,509 shares outstanding at December 31, 2010 (L-3 Communications Corporation's common stock: $.01 par value, 100 shares authorized, issued and outstanding)5,000[1]4,801
L-3 Communications Holdings, Inc.'s treasury stock (at cost), 42,882,514 shares at September 30, 2011 and 32,037,454 shares at December 31, 2010(3,458)[1](2,658)
Retained earnings5,413[1]4,877
Accumulated other comprehensive loss(259)[1](256)
Total L-3 shareholders' equity6,696[1]6,764
Noncontrolling interests91[1]91
Total equity6,787[1]6,855
Total liabilities and equity$ 15,453[1]$ 15,451
[1]Unaudited