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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 02, 2021
Apr. 03, 2020
Income Statement [Abstract]    
Revenue from product sales and services $ 4,567 $ 4,626
Cost of product sales and services (3,213) (3,298)
Engineering, selling and administrative expenses (801) (812)
Business divestiture-related losses (15) (3)
Impairment of goodwill and other assets (62) (324)
Non-operating income 117 95
Interest income 3 5
Interest expense (69) (68)
Income from continuing operations before income taxes 527 221
Income taxes (60) (26)
Income from continuing operations 467 195
Discontinued operations, net of income taxes (1) (1)
Net income 466 194
Noncontrolling interests, net of income taxes 2 23
Net income attributable to L3Harris Technologies, Inc. 468 217
Amounts attributable to L3Harris Technologies, Inc. common shareholders    
Income from continuing operations 469 218
Discontinued operations, net of income taxes $ (1) $ (1)
Basic    
Continuing operations (in dollars per share) $ 2.27 $ 1.00
Discontinued operations (in dollars per share) (0.01) 0
Basic (in dollars per share) 2.26 1.00
Diluted    
Continuing operations (in dollars per share) 2.25 0.99
Discontinued operations (in dollars per share) 0 0
Diluted (in dollars per share) $ 2.25 $ 0.99
Basic weighted average common shares outstanding (in shares) 206.7 217.3
Diluted weighted average common shares outstanding (in shares) 208.5 219.3