Equity	3 Months Ended
Mar. 25, 2016
Equity [Abstract]
Equity	13. Equity On December 4, 2014, L-3 Holdings’ Board of Directors approved a share repurchase program that authorizes L-3 Holdings to repurchase up to $1.5 billion of its common stock through June 30, 2017. Repurchases of L-3 Holdings’ common stock are made from time to time at management’s discretion in accordance with applicable U.S. Federal securities laws. The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including, but not limited to, the Company’s financial position, earnings, legal requirements, other investment opportunities (including acquisitions) and market conditions. L-3 Holdings repurchased 1,708,185 shares of its common stock at an average price of $115.80 per share for an aggregate amount of $198 million from January 1, 2016 through March 25, 2016. All share repurchases of L-3 Holdings’ common stock have been recorded as treasury shares. At March 25, 2016, the remaining dollar value of authorization under the December 4, 2014 share repurchase program was $608 million. From March 26, 2016 through April 22, 2016, L-3 Holdings repurchased 467,854 shares of its common stock at an average price of $119.36 per share for an aggregate amount of $56 million. On February 9, 2016, L-3 Holdings’ Board of Directors declared a cash dividend of $0.70 per share, paid on March 15, 2016 to shareholders of record at the close of business on March 1, 2016. During the quarterly period ended March 25, 2016, the Company paid $58 million of cash dividends, including $4 million of previously accrued dividends for employee held stock awards.

Equity

3 Months Ended

Mar. 25, 2016

13. Equity

On December 4, 2014, L-3 Holdings’ Board of Directors approved a share repurchase program that authorizes L-3 Holdings to repurchase up to $1.5 billion of its common stock through June 30, 2017. Repurchases of L-3 Holdings’ common stock are made from time to time at management’s discretion in accordance with applicable U.S. Federal securities laws. The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including, but not limited to, the Company’s financial position, earnings, legal requirements, other investment opportunities (including acquisitions) and market conditions. L-3 Holdings repurchased 1,708,185 shares of its common stock at an average price of $115.80 per share for an aggregate amount of $198 million from January 1, 2016 through March 25, 2016. All share repurchases of L-3 Holdings’ common stock have been recorded as treasury shares.

At March 25, 2016, the remaining dollar value of authorization under the December 4, 2014 share repurchase program was $608 million.

From March 26, 2016 through April 22, 2016, L-3 Holdings repurchased 467,854 shares of its common stock at an average price of $119.36 per share for an aggregate amount of $56 million.

On February 9, 2016, L-3 Holdings’ Board of Directors declared a cash dividend of $0.70 per share, paid on March 15, 2016 to shareholders of record at the close of business on March 1, 2016. During the quarterly period ended March 25, 2016, the Company paid $58 million of cash dividends, including $4 million of previously accrued dividends for employee held stock awards.