Equity	6 Months Ended
Jun. 29, 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 1,459,417 shares of its common stock at an average price of $196.97 per share for an aggregate amount of $287 million from January 1, 2018 through June 29, 2018. All share repurchases of L3’s common stock have been recorded as treasury shares. From June 30, 2018 through July 20, 2018, L3 repurchased 172,082 shares of its common stock at an average price of $193.85 per share for an aggregate amount of approximately $34 million. On May 8, 2018, L3’s Board of Directors declared a quarterly cash dividend of $0.80 per share, paid on June 15, 2018 to shareholders of record at the close of business on May 18, 2018. During the first half period ended June 29, 2018, the Company paid $128 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 1,459,417 shares of its common stock at an average price of $196.97 per share for an aggregate amount of $287 million from January 1, 2018 through June 29, 2018. All share repurchases of L3’s common stock have been recorded as treasury shares.

From June 30, 2018 through July 20, 2018, L3 repurchased 172,082 shares of its common stock at an average price of $193.85 per share for an aggregate amount of approximately $34 million.

On May 8, 2018, L3’s Board of Directors declared a quarterly cash dividend of $0.80 per share, paid on June 15, 2018 to shareholders of record at the close of business on May 18, 2018. During the first half period ended June 29, 2018, the Company paid $128 million of cash dividends, including a $2 million net reduction of previously accrued dividends for employee-held stock awards.