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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 23, 2016
Sep. 25, 2015
Sep. 23, 2016
Sep. 25, 2015
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 151 $ (296) $ 532 $ (63)
Other comprehensive income (loss):        
Foreign currency translation adjustments (31) (55) (27) (84)
Unrealized (losses) gains on hedging instruments [1]   (7) 10 (3)
Pension and postretirement benefit plans:        
Amortization of net loss and prior service cost previously recognized [2] 8 10 24 32
Net gain arising during the period [3]       9
Total other comprehensive (loss) income (23) (52) 7 (46)
Comprehensive income (loss) 128 (348) 539 (109)
Comprehensive income attributable to noncontrolling interests (3) (3) (10) (11)
Comprehensive income (loss) attributable to L-3 $ 125 $ (351) $ 529 $ (120)
[1] Net of income tax benefits of $3 million for the quarterly period ended September 25, 2015, and income taxes of $4 million and income tax benefits of $2 million for the year-to-date periods ended September 23, 2016 and September 25, 2015, respectively.
[2] Net of income taxes of $4 million and $7 million for the quarterly periods ended September 23, 2016 and September 25, 2015, respectively, and income taxes of $13 million and $18 million for the year-to-date periods ended September 23, 2016 and September 25, 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. Amount is net of income taxes of $5 million for the year-to-date period ended September 25, 2015.