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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 500 $ 349
Billed receivables, net of allowances of $26 in 2013 and $33 in 2012 1,015 968
Contracts in process 2,524 2,597
Inventories 359 358
Deferred income taxes 122 95
Other current assets 129 138
Total current assets 4,649 4,505
Property, plant and equipment, net 1,039 1,016
Goodwill 7,796 7,776
Identifiable intangible assets 285 314
Deferred debt issue costs 24 29
Other assets 216 151
Total assets 14,009 13,791
Current liabilities:    
Accounts payable, trade 541 494
Accrued employment costs 543 551
Accrued expenses 455 469
Advance payments and billings in excess of costs incurred 570 620
Income taxes 31 21
Other current liabilities 383 392
Total current liabilities 2,523 2,547
Pension and postretirement benefits 727 1,360
Deferred income taxes 635 328
Other liabilities 396 384
Long-term debt 3,630 3,629
Total liabilities 7,911 8,248
Commitments and contingencies (see Note 19)      
L-3 shareholders' equity:    
L-3 Communications Holdings, Inc.'s common stock: $.01 par value; 300,000,000 shares authorized, 85,828,485 shares outstanding at December 31, 2013 and 90,433,743 shares outstanding at December 31, 2012 (L-3 Communications Corporation's common stock: $.01 par value, 100 shares authorized, issued and outstanding) 5,653 5,314
L-3 Communications Holdings, Inc.'s treasury stock (at cost), 66,118,406 shares at December 31, 2013 and 57,418,645 shares at December 31, 2012 (5,288) (4,488)
Retained earnings 5,768 5,191
Accumulated other comprehensive loss (110) (550)
Total L-3 shareholders' equity 6,023 5,467
Noncontrolling interests 75 76
Total equity 6,098 5,543
Total liabilities and equity $ 14,009 $ 13,791