Equity	6 Months Ended
Jun. 24, 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 2,337,439 shares of its common stock at an average price of $117.90 per share for an aggregate amount of $276 million from January 1, 2016 through June 24, 2016. All share repurchases of L-3 Holdings’ common stock have been recorded as treasury shares. At June 24, 2016, the remaining dollar value of authorization under the December 4, 2014 share repurchase program was $530 million. From June 25, 2016 through July 22, 2016, L-3 Holdings repurchased 168,024 shares of its common stock at an average price of $145.09 per share for an aggregate amount of $24 million. On May 3, 2016, L-3 Holdings’ Board of Directors declared a cash dividend of $0.70 per share, paid on June 15, 2016 to shareholders of record at the close of business on May 17, 2016. During the first half period ended June 24, 2016, the Company paid $112 million of cash dividends, including a $2 million net reduction of previously accrued dividends for employee held stock awards.

Equity

6 Months Ended

Jun. 24, 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 2,337,439 shares of its common stock at an average price of $117.90 per share for an aggregate amount of $276 million from January 1, 2016 through June 24, 2016. All share repurchases of L-3 Holdings’ common stock have been recorded as treasury shares.

At June 24, 2016, the remaining dollar value of authorization under the December 4, 2014 share repurchase program was $530 million.

From June 25, 2016 through July 22, 2016, L-3 Holdings repurchased 168,024 shares of its common stock at an average price of $145.09 per share for an aggregate amount of $24 million.

On May 3, 2016, L-3 Holdings’ Board of Directors declared a cash dividend of $0.70 per share, paid on June 15, 2016 to shareholders of record at the close of business on May 17, 2016. During the first half period ended June 24, 2016, the Company paid $112 million of cash dividends, including a $2 million net reduction of previously accrued dividends for employee held stock awards.