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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2020
Jun. 28, 2019
Jul. 03, 2020
Jun. 28, 2019
Income Statement [Abstract]        
Revenue from product sales and services $ 4,445 $ 1,865 $ 9,071 $ 3,593
Cost of product sales and services (3,175) (1,223) (6,473) (2,362)
Engineering, selling and administrative expenses (904) (349) (1,719) (659)
Impairment of goodwill and other assets (70) 0 (394) 0
Non-operating income 105 48 200 94
Interest income 3 0 8 1
Interest expense (68) (39) (136) (82)
Income from continuing operations before income taxes 336 302 557 585
Income taxes (58) (33) (84) (73)
Income from continuing operations 278 269 473 512
Discontinued operations, net of income taxes 0 (1) (1) (1)
Net income 278 268 472 511
Noncontrolling interests, net of income taxes 5 0 28 0
Net income attributable to L3Harris Technologies, Inc. 283 268 500 511
Amounts attributable to L3Harris Technologies, Inc. common shareholders        
Income from continuing operations 283 269 501 512
Discontinued operations, net of income taxes $ 0 $ (1) $ (1) $ (1)
Basic        
Continuing operations (in dollars per share) $ 1.31 $ 2.26 $ 2.31 $ 4.32
Discontinued operations (in dollars per share) 0 0 (0.01) 0
Basic (in dollars per share) 1.31 2.26 2.30 4.32
Diluted        
Continuing operations (in dollars per share) 1.30 2.21 2.29 4.23
Discontinued operations (in dollars per share) 0 (0.01) (0.01) (0.01)
Diluted (in dollars per share) $ 1.30 $ 2.20 $ 2.28 $ 4.22
Basic weighted average common shares outstanding (in shares) 215.9 118.3 216.7 118.1
Diluted weighted average common shares outstanding (in shares) 217.8 121.1 218.7 120.7