Unaudited Condensed Consolidated Statements of Cash Flows (USD $) In Millions	9 Months Ended
	Sep. 24, 2010	Sep. 30, 2011
Operating activities:
Net income	$ 694	$ 691
Depreciation of property, plant and equipment	119	129
Amortization of intangibles and other assets	51	52
Deferred income tax provision	47	85
Stock-based employee compensation expense	62	51
Contributions to employee savings plans in L-3 Holdings' common stock	110	108
Amortization of pension and postretirement benefit plans net loss and prior service cost	31	36
Amortization of bond discounts (included in interest expense)	18	3
Amortization of deferred debt issue costs (included in interest expense)	9	7
Non-cash portion of debt retirement charge	5	5
Other non-cash items	(6)	1
Subtotal	1,140	1,168
Changes in operating assets and liabilities, excluding acquired and divested amounts:
Billed receivables	(91)	111
Contracts in process	(163)	(231)
Inventories	(19)	(46)
Accounts payable, trade	12	44
Accrued employment costs	43	15
Accrued expenses	12	8
Advance payments and billings in excess of costs incurred	14	(49)
Income taxes	94	50
Excess income tax benefits related to share-based payment arrangements	(6)	(2)
Other current liabilities	(8)	(2)
Pension and postretirement benefits	(34)	(74)
All other operating activities	(10)	(8)
Subtotal	(156)	(184)
Net cash from operating activities	984	984
Investing activities:
Business acquisitions, net of cash acquired	(710)	(15)
Capital expenditures	(98)	(129)
Dispositions of property, plant and equipment	7	5
Investments in equity investees	(20)
Other investing activities	2	2
Net cash used in investing activities	(819)	(137)
Financing activities:
Proceeds from sale of senior notes	797	646
Redemption of senior subordinated notes	(800)	(650)
Redemption of CODES		(11)
Borrowings under revolving credit facility	13	625
Repayment of borrowings under revolving credit facility	(13)	(625)
Common stock repurchased	(469)	(800)
Dividends paid on L-3 Holdings' common stock	(139)	(143)
Proceeds from exercises of stock options	56	21
Proceeds from employee stock purchase plan	48	34
Debt issue costs	(7)	(7)
Excess income tax benefits related to share-based payment arrangements	6	2
Other financing activities	(14)	(8)
Net cash used in financing activities	(522)	(916)
Effect of foreign currency exchange rate changes on cash and cash equivalents	(9)
Net decrease in cash and cash equivalents	(366)	(69)
Cash and cash equivalents, beginning of the period	1,016	607
Cash and cash equivalents, end of the period	$ 650	$ 538	[1]

[1] Unaudited