INCOME FROM CONTINUING OPERATIONS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Income From Continuing Operations Per Share

The computations of income from continuing operations per common share attributable to L3Harris common shareholders are as follows:

	Fiscal Years Ended				Two Quarters Ended		Fiscal Year Ended
(In millions, except per share amounts)	December 31, 2021		January 1, 2021		January 3, 2020		June 28, 2019
Income from continuing operations	$	1,847	$	1,121	$	823	$	953
Adjustments for participating securities outstanding	—		—		—		(2)
Income from continuing operations used in per basic and diluted common share calculations (A)	$	1,847	$	1,121	$	823	$	951
Basic weighted average common shares outstanding (B)	201.3		214.0		221.2		118.0
Impact of dilutive share-based awards	1.9		1.9		2.5		2.5
Diluted weighted average common shares outstanding (C)	203.2		215.9		223.7		120.5
Income from continuing operations per basic common share (A)/(B)	$	9.17	$	5.24	$	3.72	$	8.06
Income from continuing operations per diluted common share (A)/(C)	$	9.09	$	5.19	$	3.68	$	7.89