XML 123 R88.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Details Textual) (USD $)
12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2011
Minimum [Member]
Dec. 31, 2011
Maximum [Member]
Dec. 31, 2011
2008 Long Term Performance Plan [Member]
Dec. 31, 2011
2008 Directors Stock Incentive Plan [Member]
Dec. 31, 2011
Stock Options [Member]
Y
Dec. 31, 2010
Stock Options [Member]
Dec. 31, 2009
Stock Options [Member]
Dec. 31, 2011
Restricted Stock Units [Member]
Y
Dec. 31, 2010
Restricted Stock Units [Member]
Dec. 31, 2009
Restricted Stock Units [Member]
Dec. 31, 2011
Performance Units [Member]
Y
Dec. 31, 2010
Performance Units [Member]
Dec. 31, 2009
Performance Units [Member]
Jan. 31, 2012
2009 Employee Stock Purchase Plan [Member]
Jul. 31, 2011
2009 Employee Stock Purchase Plan [Member]
Dec. 31, 2011
2009 Employee Stock Purchase Plan [Member]
Dec. 31, 2010
2009 Employee Stock Purchase Plan [Member]
Dec. 31, 2010
2001 and 2009 Employee Stock Purchase Plan [Member]
Dec. 31, 2009
2001 and 2009 Employee Stock Purchase Plan [Member]
Stock-Based Compensation (Textual)                                        
Maximum number of shares of L-3 Holdings common stock that may be issued pursuant to "incentive" stock option awards       3,000,000                                
Maximum number of shares of L-3 Holdings common stock that may be issued pursuant to all awards granted during a calendar year to an individual       500,000                                
Percentage of total outstanding shares of common stock that may be issued in respect to performance based awards       5.00%                                
Maximum number of shares authorized for issuance under the amendment       12,200,000 300,000                       5,500,000      
Maximum number of shares of L-3 Holdings common stock may be issued pursuant to "full value" awards under the amendment       6,300,000                                
Shares of L-3 Holdings common stock available to be awarded 2.6     237,852                                
Expiration period of stock options granted from date of grant           10 years                            
Vesting period           3 years     3 years                      
Compensation expense for LTIP awards           $ 11,000,000 $ 12,000,000 $ 16,000,000 $ 48,000,000 $ 52,000,000 $ 42,000,000 $ 5,000,000 $ 3,000,000 $ 9,000,000         $ 12,000,000 $ 12,000,000
Compensation expense after income taxes for LTIP awards           7,000,000 8,000,000 10,000,000 30,000,000 32,000,000 25,000,000 3,000,000 2,000,000 5,000,000         10,000,000 10,000,000
Weighted average grant date fair value of stock options           $ 15.54 $ 18.41 $ 14.67                        
Intrinsic value of stock options exercised           8,000,000 30,000,000 12,000,000                        
Unrecognized compensation costs related to stock awards           14,000,000     60,000,000     5,000,000                
Unrecognized compensation costs related to equity awards after income taxes           9,000,000     36,000,000     3,000,000                
Weighted average remaining period for recognition of unrecognized costs related to equity awards           1.3     1.3     1.7                
Actual income tax benefit realized related to compensation deductions arising from the exercise of stock options           3,000,000 10,000,000 5,000,000                        
Age of retirement eligible employees                 65                      
Length of service after grant date                 1 year     3 years 3 years 2 years 6 months            
Vesting period of units granted for non-employee directors                 1 year                      
Weighted average grant date fair value $ 80.17               $ 80.17 $ 90.23 $ 74.02 $ 95.50 $ 105.14 $ 87.18            
Length of service for retirement eligible employees, Minimum                 at least five years                      
Fair value of restricted stock unit awards vested                 35,000,000 31,000,000 23,000,000                  
Minimum payout range                       0.00%                
Maximum payout range                       200.00%                
Total performance units earned                       69,263                
Fair market value of total performance units earned as of their vesting date                       5,000,000                
Term of plans                                 eligible employees are offered options to purchase shares of L-3 Holdings’ common stock at the end of each six- month offering period at 85% of fair market value (or 95% of fair market value for offering periods beginning on or after January 1, 2011) based on the average of the highest and lowest sales prices for the stock on the purchase date      
Offering period to purchase shares                                 6 months      
Percentage of fair market value for offering periods                                 95.00% 85.00%    
Share purchases funded through payroll deductions up to a maximum percentage                                 10.00%      
Share purchases funded through payroll deductions up to a maximum value                                 $ 21,250      
Issued shares under the ESPP, shares                             400,000 300,000        
Issued shares under the ESPP, value                             $ 63.59 $ 83.26        
Employee discount on the purchase of common stock   5.00% 15.00%