XML 98 R93.htm IDEA: XBRL DOCUMENT v2.4.0.8
L-3 Holdings' Earnings Per Share - Reconciliation of Basic and Diluted EPS (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 27, 2013
Jun. 28, 2013
Mar. 29, 2013
Dec. 31, 2012
Sep. 28, 2012
Jun. 29, 2012
Mar. 30, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Reconciliation of net income:                      
Net income                 $ 787 $ 820 $ 968
Net income from continuing operations attributable to noncontrolling interests                 (9) (6) (9)
Net income from discontinued operations attributable to noncontrolling interests                    (4) (3)
Net income allocable to participating securities                       (2)
Net income allocable to L-3 Holdings' common shareholders                 778 810 954
Earnings allocable to L-3 Holdings' common shareholders:                      
Continuing operations                 778 782 853
Discontinued operations, net of income tax                    28 101
Net income allocable to L-3 Holdings' common shareholders                 $ 778 $ 810 $ 954
Basic:                      
Weighted average common shares outstanding                 89.4 96.3 104.4
Basic earnings per share allocable to L-3 Holdings' common shareholders:                      
Continuing operations         $ 2.28 $ 2.01 $ 1.97 $ 1.88 $ 8.70 $ 8.12 $ 8.17
Discontinued operations, net of income tax                    $ 0.29 $ 0.97
Basic earnings per share $ 2.23 $ 2.28 $ 2.06 $ 2.14 $ 2.28 $ 2.00 $ 2.11 $ 2.03 $ 8.70 $ 8.41 $ 9.14
Common and potential common shares:                      
Weighted average common shares outstanding                 89.4 96.3 104.4
Assumed purchase of common shares for treasury                 (4.5) (3.0) (2.9)
Assumed conversion of the CODES                 0.2      
Common and potential common shares                 91.1 97.6 105.6
Diluted earnings per share allocable to L-3 Holdings' common shareholders:                      
Continuing operations         $ 2.25 $ 1.98 $ 1.94 $ 1.86 $ 8.54 $ 8.01 $ 8.08
Discontinued operations, net of income tax                    $ 0.29 $ 0.95
Diluted earnings per share $ 2.17 $ 2.23 $ 2.03 $ 2.11 $ 2.25 $ 1.97 $ 2.08 $ 2.01 $ 8.54 $ 8.30 $ 9.03
Stock Options [Member]
                     
Common and potential common shares:                      
Common and potential common shares                 3.9 1.9 2.0
Unvested Restricted Stock Awards [Member]
                     
Common and potential common shares:                      
Common and potential common shares                 1.8 2.0 1.8
Employee Stock Purchase Plan Contributions [Member]
                     
Common and potential common shares:                      
Common and potential common shares                 0.2 0.3 0.2
Performance Unit Awards [Member]
                     
Common and potential common shares:                      
Common and potential common shares                 0.1 0.1 0.1