EARNINGS PER SHARE

3 Months Ended

Mar. 29, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE B: EARNINGS PER SHARE

We define EPS as net income attributable to L3Harris common shareholders divided by either our weighted average number of basic or diluted shares outstanding. Potential dilutive common shares primarily consist of employee stock options and restricted and performance unit awards.

The weighted-average number of common shares outstanding used to compute basic and diluted EPS are as follows:

	Quarter Ended
(In millions)	March 29, 2024	March 31, 2023
Basic weighted-average common shares outstanding	189.8	190.2
Impact of dilutive share-based awards	1.0	1.0
Diluted weighted-average common shares outstanding	190.8	191.2

Income from continuing operations per diluted common share (“diluted EPS”) excludes the antidilutive impact of 0.8 million and 1.2 million weighted-average share-based awards outstanding for the quarters ended March 29, 2024 and March 31, 2023, respectively.