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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 24, 2016
Jun. 26, 2015
Jun. 24, 2016
Jun. 26, 2015
Statement of Comprehensive Income [Abstract]        
Net income $ 151 $ 124 $ 381 $ 233
Other comprehensive income (loss):        
Foreign currency translation adjustments 3 58 4 (29)
Unrealized gains on hedging instruments [1] 3 7 10 4
Pension and postretirement benefit plans:        
Amortization of net loss and prior service cost previously recognized [2] 8 11 16 22
Net gain arising during the period [3] 9 9
Total other comprehensive income (loss) 14 85 30 6
Comprehensive income 165 209 411 239
Comprehensive income attributable to noncontrolling interests (4) (4) (7) (8)
Comprehensive income attributable to L-3 $ 161 $ 205 $ 404 $ 231
[1] Net of income taxes of $1 million and $2 million for the quarterly periods ended June 24, 2016 and June 26, 2015, respectively, and income taxes of $4 million and $1 million for the first half periods ended June 24, 2016 and June 26, 2015, respectively.
[2] Net of income taxes of $5 million for each of the quarterly periods ended June 24, 2016 and June 26, 2015, and income taxes of $9 million and $11 million for the first half periods ended June 24, 2016 and June 26, 2015, respectively.
[3] Represents the reclassification of actuarial losses into net income related to the Marine Systems International business divestiture in accordance with Accounting Standards Codification 715 Defined Benefit Plans - Pension. Amounts are net of income taxes of $5 million for each of the quarterly and first half periods ended June 26, 2015.