Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 207	$ 442
Billed receivables, net of allowances of $15 in 2015 and $13 in 2014	746	803
Contracts in process	2,081	2,148
Inventories	333	288
Other current assets	201	175
Total current assets	4,232	5,665
Property, plant and equipment, net	1,097	1,061
Goodwill	6,281	6,512
Identifiable intangible assets	199	195
Deferred debt issue costs	18	27
Deferred income taxes	3	15
Other assets	255	240
Total assets	12,085	13,715
Current liabilities:
Current portion of long-term debt	499
Accounts payable, trade	297	346
Accrued employment costs	504	474
Accrued expenses	390	370
Advance payments and billings in excess of costs incurred	562	565
Income taxes	13	23
Other current liabilities	394	389
Total current liabilities	2,879	2,634
Pension and postretirement benefits	1,047	1,187
Deferred income taxes	219	235
Other liabilities	368	360
Long-term debt	3,143	3,939
Total liabilities	$ 7,656	$ 8,355
Commitments and contingencies (see Note 18)
L-3 shareholders' equity:
L-3 Communications Holdings, Inc.'s common stock: $.01 par value; 300,000,000 shares authorized, 78,133,763 shares outstanding at December 31, 2015 and 82,040,525 shares outstanding at December 31, 2014 (L-3 Communications Corporation's common stock: $.01 par value, 100 shares authorized, issued and outstanding)	$ 6,052	$ 5,799
L-3 Communications Holdings, Inc.'s treasury stock (at cost), 79,375,063 shares at December 31, 2015 and 73,005,891 shares at December 31, 2014	(6,851)	(6,111)
Retained earnings	5,728	6,181
Accumulated other comprehensive loss	(574)	(584)
Total L-3 shareholders' equity	4,355	5,285
Noncontrolling interests	74	75
Total equity	4,429	5,360
Total liabilities and equity	$ 12,085	13,715
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Current assets:
Assets held for sale		547
Current liabilities:
Liabilities held for sale		237
Discontinued Operations, Held-for-sale [Member]
Current assets:
Assets held for sale	$ 664	1,262
Current liabilities:
Liabilities held for sale	$ 220	$ 230