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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 493 [1] $ 764
Billed receivables, net of allowances of $29 in 2012 and $27 in 2011 1,268 [1] 1,240
Contracts in process 2,826 [1] 2,629
Inventories 360 [1] 317
Deferred income taxes 98 [1] 99
Other current assets 192 [1] 195
Total current assets 5,237 [1] 5,244
Property, plant and equipment, net 948 [1] 934
Goodwill 8,859 [1] 8,697
Identifiable intangible assets 428 [1] 410
Deferred debt issue costs 37 [1] 33
Other assets 190 [1] 179
Total assets 15,699 [1] 15,497
Current liabilities:    
Accounts payable, trade 550 [1] 432
Accrued employment costs 636 [1] 631
Accrued expenses 520 [1] 616
Advance payments and billings in excess of costs incurred 594 [1] 564
Income taxes 71 [1] 40
Other current liabilities 397 [1] 407
Total current liabilities 2,768 [1] 2,690
Pension and postretirement benefits 1,113 [1] 1,137
Deferred income taxes 411 [1] 385
Other liabilities 444 [1] 436
Long-term debt 4,126 [1] 4,125
Total liabilities 8,862 [1] 8,773
Commitments and contingencies (see Note16)    [1]   
L-3 shareholders' equity:    
L-3 Communications Holdings, Inc.'s common stock: $.01 par value; 300,000,000 shares authorized, 98,190,977 shares outstanding at March 30, 2012 and 98,979,411 shares outstanding at December 31, 2011 (L-3 Communications Corporation's common stock: $.01 par value, 100 shares authorized, issued and outstanding) 5,122 [1] 5,064
L-3 Communications Holdings, Inc.'s treasury stock (at cost), 47,306,385 shares at March 30, 2012 and 45,314,918 shares at December 31, 2011 (3,754) [1] (3,616)
Retained earnings 5,792 [1] 5,641
Accumulated other comprehensive loss (411) [1] (454)
Total L-3 shareholders' equity 6,749 [1] 6,635
Noncontrolling interests 88 [1] 89
Total equity 6,837 [1] 6,724
Total liabilities and equity $ 15,699 [1] $ 15,497
[1] Unaudited