XML 85 R75.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Combining Financial Information of L-3 Communications and Its Subsidiaries (Details) (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Sep. 24, 2010
Dec. 31, 2009
Current assets:    
Cash and cash equivalents$ 538[1]$ 607$ 650$ 1,016
Billed receivables, net1,188[1]1,299  
Contracts in process2,783[1]2,548  
Other current assets636624  
Total current assets5,145[1]5,078  
Goodwill8,735[1]8,730  
Other assets1,5731,643  
Investment in and amounts due from consolidated subsidiaries00  
Total assets15,453[1]15,451  
Current liabilities2,740[1]2,733  
Current portion of long-term debt0[1]11  
Other current liabilities 2,722  
Amounts due to consolidated subsidiaries00  
Other long-term liabilities1,8001,737  
Long-term debt4,126[1]4,126  
Total liabilities8,666[1]8,596  
L-3 shareholders' equity6,696[1]6,764  
Noncontrolling interests91[1]91  
Total equity6,787[1]6,8557,0006,660
Total liabilities and equity15,453[1]15,451  
L-3 Holdings (Parent) [Member]
    
Current assets:    
Cash and cash equivalents0000
Billed receivables, net00  
Contracts in process00  
Other current assets00  
Total current assets00  
Goodwill00  
Other assets00  
Investment in and amounts due from consolidated subsidiaries7,3857,462  
Total assets7,3857,462  
Current liabilities0   
Current portion of long-term debt 11  
Other current liabilities 0  
Amounts due to consolidated subsidiaries00  
Other long-term liabilities00  
Long-term debt689687  
Total liabilities689698  
L-3 shareholders' equity6,6966,764  
Noncontrolling interests00  
Total equity6,6966,764  
Total liabilities and equity7,3857,462  
L-3 Communications [Member]
    
Current assets:    
Cash and cash equivalents113257247797
Billed receivables, net330387  
Contracts in process917801  
Other current assets303295  
Total current assets1,6631,740  
Goodwill1,8061,796  
Other assets676693  
Investment in and amounts due from consolidated subsidiaries9,0008,973  
Total assets13,14513,202  
Current liabilities856   
Current portion of long-term debt 11  
Other current liabilities 898  
Amounts due to consolidated subsidiaries00  
Other long-term liabilities1,4671,403  
Long-term debt4,1264,126  
Total liabilities6,4496,438  
L-3 shareholders' equity6,6966,764  
Noncontrolling interests00  
Total equity6,6966,764  
Total liabilities and equity13,14513,202  
Guarantor Subsidiaries [Member]
    
Current assets:    
Cash and cash equivalents3344
Billed receivables, net632680  
Contracts in process1,5591,525  
Other current assets135161  
Total current assets2,3292,369  
Goodwill5,6545,653  
Other assets709763  
Investment in and amounts due from consolidated subsidiaries2,7722,356  
Total assets11,46411,141  
Current liabilities1,358   
Current portion of long-term debt 0  
Other current liabilities 1,388  
Amounts due to consolidated subsidiaries00  
Other long-term liabilities233235  
Long-term debt00  
Total liabilities1,5911,623  
L-3 shareholders' equity9,8739,518  
Noncontrolling interests00  
Total equity9,8739,518  
Total liabilities and equity11,46411,141  
Non-Guarantor Subsidiaries [Member]
    
Current assets:    
Cash and cash equivalents484482468364
Billed receivables, net226232  
Contracts in process307222  
Other current assets198168  
Total current assets1,2151,104  
Goodwill1,2751,281  
Other assets188187  
Investment in and amounts due from consolidated subsidiaries00  
Total assets2,6782,572  
Current liabilities588   
Current portion of long-term debt 0  
Other current liabilities 571  
Amounts due to consolidated subsidiaries433439  
Other long-term liabilities10099  
Long-term debt00  
Total liabilities1,1211,109  
L-3 shareholders' equity1,5571,463  
Noncontrolling interests00  
Total equity1,5571,463  
Total liabilities and equity2,6782,572  
Eliminations [Member]
    
Current assets:    
Cash and cash equivalents(62)(135)(69)(149)
Billed receivables, net00  
Contracts in process00  
Other current assets00  
Total current assets(62)(135)  
Goodwill00  
Other assets00  
Investment in and amounts due from consolidated subsidiaries(19,157)(18,791)  
Total assets(19,219)(18,926)  
Current liabilities(62)   
Current portion of long-term debt (11)  
Other current liabilities (135)  
Amounts due to consolidated subsidiaries(433)(439)  
Other long-term liabilities00  
Long-term debt(689)(687)  
Total liabilities(1,184)(1,272)  
L-3 shareholders' equity(18,126)(17,745)  
Noncontrolling interests9191  
Total equity(18,035)(17,654)  
Total liabilities and equity$ (19,219)$ (18,926)  
[1]Unaudited