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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 27, 2013
Sep. 28, 2012
Operating activities:    
Net income $ 588 $ 605
Income from discontinued operations, net of tax   (32)
Income from continuing operations 588 573
Depreciation of property, plant and equipment 122 124
Amortization of intangibles and other assets 36 41
Deferred income tax provision 45 50
Stock-based employee compensation expense 42 44
Contributions to employee savings plans in L-3 Holdings' common stock 90 104
Amortization of pension and postretirement benefit plans net loss and prior service cost 63 51
Amortization of bond discounts and deferred debt issue costs (included in interest expense) 5 5
Other non-cash items 1 9
Changes in operating assets and liabilities, excluding amounts from acquisitions, divestitures and discontinued operations:    
Billed receivables (117) 152
Contracts in process (36) (351)
Inventories (55) (83)
Other assets (45) 28
Accounts payable, trade 65 47
Accrued employment costs 27 35
Accrued expenses (41) (137)
Advance payments and billings in excess of costs incurred (109) 107
Income taxes 32 (6)
Excess income tax benefits related to share-based payment arrangements (3) (2)
Other current liabilities (8) (47)
Pension and postretirement benefits (23) (53)
All other operating activities (62) 1
Net cash from operating activities from continuing operations 617 692
Investing activities:    
Contribution received from the spin-off of Engility   335
Business acquisitions, net of cash acquired (2) (349)
Proceeds from the sale of a business 4  
Capital expenditures (147) (124)
Dispositions of property, plant and equipment 10 6
Other investing activities (6) (5)
Net cash used in investing activities from continuing operations (141) (137)
Financing activities:    
Redemption of Senior Notes   (250)
Borrowings under revolving credit facility 1,382 199
Repayment of borrowings under revolving credit facility (1,382) (199)
Common stock repurchased (404) (504)
Dividends paid on L-3 Holdings' common stock (151) (149)
Proceeds from exercises of stock options 91 12
Proceeds from employee stock purchase plan 28 30
Debt issue costs   (6)
Excess income tax benefits related to share-based payment arrangements 3 2
Other financing activities (13) (18)
Net cash used in financing activities from continuing operations (446) (883)
Effect of foreign currency exchange rate changes on cash and cash equivalents (2) 4
Cash from (used in) discontinued operations:    
Operating activities   75
Financing activities   (1)
Cash from discontinued operations   74
Net increase (decrease) in cash and cash equivalents 28 (250)
Cash and cash equivalents, beginning of the period 349 764
Cash and cash equivalents, end of the period $ 377 $ 514