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STOCK OPTIONS AND OTHER SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 29, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Classification of Share-based Compensation Expense
The following table summarizes the amounts and classification of share-based compensation expense:
Fiscal Year Ended
(In millions)December 29, 2023December 30, 2022December 31, 2021
Total expense$89 $109 $129 
Included in:
Cost of product sales and services$16 $19 $14 
General and administrative expenses73 90 115 
Income from continuing operations89 109 129 
Tax effect on share-based compensation expense(19)(27)(33)
Total share-based compensation expense after-tax$70 $82 $96 
Schedule of Assumptions Used In Calculating Fair Value of Stock Option Grants
A summary of the assumptions used in determining the fair value of the stock option grants under our L3Harris SIPs is as follows:
Fiscal Year Ended
December 29, 2023December 30, 2022December 31, 2021
Expected dividends2.17%2.00%1.99%
Expected volatility28.60%29.09%31.71%
Risk-free interest rates
3.48% - 4.27%
1.63% - 4.27%
0.75%
Expected term (years)5.045.025.05
Schedule of Stock Option Activity
A summary of stock option activity under our L3Harris SIPs as of December 29, 2023 and changes during fiscal 2023 is as follows:
SharesWeighted
Average
Exercise
Price
Per Share		Weighted
Average
Remaining
Contractual
Term (In years)		Aggregate
Intrinsic 
Value (In millions)
Stock options outstanding at December 30, 20223,306,129 $162.56 
Granted366,670 $209.88 
Exercised(230,702)$100.03 
Forfeited or expired(191,387)$210.31 
Stock options outstanding at December 29, 20233,250,710 $169.53 5.42$140 
Stock options exercisable at December 29, 20232,669,082 $160.11 4.74$138 
Schedule of Nonvested Stock Options Activity
A summary of the status of our nonvested stock options at December 29, 2023 and changes during fiscal 2023 is as follows:
SharesWeighted-Average
Grant-Date Fair Value
Per Share
Nonvested stock options at December 30, 2022685,718 $46.76 
Granted 366,670 $54.63 
Vested/forfeited, net(470,760)$43.21 
Nonvested stock options at December 29, 2023581,628 $52.72 
Schedule of Restricted Stock Units Activity
A summary of the status of these awards at December 29, 2023 and changes during fiscal 2023 is as follows:
UnitsWeighted-Average
Grant Price Per Unit
Restricted stock units outstanding at December 30, 2022673,495 $211.16 
Granted354,657 $199.33 
Vested(223,855)$198.24 
Forfeited(76,245)$205.77 
Restricted stock units outstanding at December 29, 2023728,052 $208.78 
Schedule of Performance Shares Activity
A summary of the status of these awards at December 29, 2023 and changes during fiscal 2023 is as follows:
 Units
Weighted-Average
Grant Price
Per Unit(1)
Performance share units outstanding at December 30, 2022524,343 $224.94 
Granted180,118 $223.09 
Adjustment(1)
14,771 $228.29 
Vested(182,808)$228.29 
Forfeited(56,083)$236.80 
Performance share units outstanding at December 29, 2023480,341 $222.73 
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(1) Adjustment for achievement of performance measures.