Equity	3 Months Ended
Mar. 30, 2018
Equity [Abstract]
Equity	. Equity On May 8, 2017, L3’s Board of Directors approved a share repurchase program that authorizes L3 to repurchase up to an additional $1.5 billion of its common stock. The program became effective on July 1, 2017 and has no set expiration date. Repurchases of L3’s common stock are made from time to time at management’s discretion in accordance with applicable U.S. Federal securities laws. The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including, but not limited to, the Company’s financial position, earnings, legal requirements, other investment opportunities (including acquisitions) and market conditions. L3 repurchased 581,229 shares of its common stock at an average price of $203.93 per share for an aggregate amount of $119 million from January 1, 2018 through March 30, 2018. All share repurchases of L3’s common stock have been recorded as treasury shares. From March 31, 2018 through April 27, 2018, L3 repurchased 116,581 shares of its common stock at an average price of $208.71 per share for an aggregate amount of approximately $24 million. On February 12, 2018, L3’s Board of Directors declared a quarterly cash dividend of $0.80 per share, paid on March 15, 2018 to shareholders of record at the close of business on March 1, 2018. During the quarterly period ended March 30, 2018, the Company paid $65 million of cash dividends, including a $2 million net reduction of previously accrued dividends for employee-held stock awards.

. Equity

On May 8, 2017, L3’s Board of Directors approved a share repurchase program that authorizes L3 to repurchase up to an additional $1.5 billion of its common stock. The program became effective on July 1, 2017 and has no set expiration date. Repurchases of L3’s common stock are made from time to time at management’s discretion in accordance with applicable U.S. Federal securities laws. The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including, but not limited to, the Company’s financial position, earnings, legal requirements, other investment opportunities (including acquisitions) and market conditions. L3 repurchased 581,229 shares of its common stock at an average price of $203.93 per share for an aggregate amount of $119 million from January 1, 2018 through March 30, 2018. All share repurchases of L3’s common stock have been recorded as treasury shares.

From March 31, 2018 through April 27, 2018, L3 repurchased 116,581 shares of its common stock at an average price of $208.71 per share for an aggregate amount of approximately $24 million.

On February 12, 2018, L3’s Board of Directors declared a quarterly cash dividend of $0.80 per share, paid on March 15, 2018 to shareholders of record at the close of business on March 1, 2018. During the quarterly period ended March 30, 2018, the Company paid $65 million of cash dividends, including a $2 million net reduction of previously accrued dividends for employee-held stock awards.