TRANSITION PERIOD COMPARATIVE DATA (UNAUDITED) (Tables)

6 Months Ended

Jan. 03, 2020

Condensed Financial Information Disclosure [Abstract]

Schedule of Certain Comparative Financial Information for Transition Period

The following table presents certain comparative financial information for the two quarters ended January 3, 2020 and two quarters ended December 28, 2018:

	Two Quarters Ended
	January 3, 2020			December 28, 2018
	(In millions, except per share amounts)
Revenue from product sales and services	$	9,263		$	3,208
Cost of product sales and services	(6,726		)	(2,105		)
Engineering, selling and administrative expenses	(1,927		)	(583		)
Gain on sale of business	229			—
Non-operating income	192			94
Interest income	12			1
Interest expense	(135		)	(87		)
Income from continuing operations before income taxes	908			528
Income taxes	(73		)	(87		)
Income from continuing operations	835			441
Discontinued operations, net of income taxes	(1		)	(3		)
Net income	834			438
Noncontrolling interests, net of income taxes	(12		)	—
Net income attributable to L3Harris Technologies, Inc.	$	822		$	438
Net income per common share attributable to L3Harris Technologies, Inc. common shareholders
Basic
Continuing operations	$	3.72		$	3.74
Discontinued operations	—			(0.03		)
	$	3.72		$	3.71
Diluted
Continuing operations	$	3.68		$	3.66
Discontinued operations	(0.01		)	(0.02		)
	$	3.67		$	3.64
Basic weighted average common shares outstanding	221.2			117.8
Diluted weighted average common shares outstanding	223.7			120.3