L3HARRIS TECHNOLOGIES, INC. HRS Income Statement

L3harris technologies, inc. (HRS)

Income statement / TTM

Apr'20	Jan'20	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jul'16	Mar'16	Dec'15	Sep'15	Jul'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Dec'08	Sep'08
Revenue from product sales and services
Revenue from Contract with Customer, Excluding Assessed Tax
15,754	12,856	9,690	6,801	6,597	6,431	6,300	6,168	6,046	5,973	5,887	5,897	5,241	5,302	5,601	5,992	5,446	5,083	4,541	3,885	4,877	4,957	4,975	5,012	5,042	4,978	5,042	5,112	5,188	5,353	5,376	5,451	5,176	5,220	5,349	5,418	5,231	5,148	4,927	4,725	5,044	4,919	5,035	5,005	0	0	0
Cost of product sales and services
11,247	9,088	6,699	4,467	4,341	4,230	4,157	4,066	4,048	3,978	3,876	3,854	3,243	3,294	3,577	3,900	3,478	3,223	2,828	2,370	3,223	3,310	3,297	3,310	3,298	3,261	3,311	3,385	3,436	3,513	3,523	3,569	3,444	3,460	3,545	3,532	3,360	3,283	3,121	3,052	3,300	3,293	3,440	3,420	0	0	0
Engineering, selling and administrative expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Engineering, selling and administrative expenses
-	2,586	1,962	1,242	1,185	1,206	1,193	1,182	1,255	1,180	1,141	1,150	1,003	1,020	985	1,037	1,099	1,046	1,017	883	807	790	807	820	915	915	923	914	867	906	915	940	787	826	859	890	841	805	766	723	894	837	813	791	0	0	0
Gain on sale of business
-	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill and other assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Non-operating income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonoperating Income (Expense)
-	286	220	188	160	160	157	156	300	254	211	166	12	11	10	10	-108	-107	-107	-108	-0	-0	2	4	-34	-35	-39	-41	-1	6	10	11	11	3	-0	-1	-2	-2	-2	-1	-1	5	4	-3	0	0	0
Interest income
17	13	10	2	3	2	3	2	1	2	0	-	0	0	-	2	1	1	2	2	3	3	3	3	2	2	2	2	2	2	2	2	2	2	3	2	2	1	1	1	1	2	2	3	0	0	0
Interest expense
242	217	192	169	176	174	173	170	166	167	169	172	173	177	179	183	191	179	155	130	102	91	93	94	96	100	104	109	110	111	113	113	111	109	100	90	82	73	71	72	68	63	58	52	0	0	0
Income from continuing operations before income taxes
1,431	1,493	1,296	1,113	1,058	983	937	908	879	904	914	889	836	824	871	884	571	529	436	396	746	768	783	795	698	668	665	665	774	831	837	841	848	830	846	905	946	983	967	876	525	477	474	485	0	0	0
Income taxes
132	146	124	160	166	136	184	206	229	288	266	261	257	250	263	273	170	161	126	109	219	230	246	256	226	208	204	203	246	274	283	286	286	281	280	306	319	331	326	295	198	180	177	172	0	0	0
Income from continuing operations
1,299	1,347	1,172	953	892	847	753	702	650	616	648	628	631	664	0	-	0	0	-	-	0	0	-	539	472	459	461	462	527	557	553	555	561	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Discontinued operations, net of income taxes
-3	-2	-1	-4	2	0	0	-3	-43	-120	-106	-85	-41	-311	0	-	0	0	-	-	0	0	-	-5	-13	-47	-140	-353	-345	-824	-732	-528	-522	0	0	-	0	-	-	-	-	-	-	-437	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
1,296	1,345	1,171	949	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	534	458	412	320	109	181	-266	-179	27	32	525	544	587	620	0	0	-	0	-	-	-124	0	0	0
Noncontrolling interests, net of income taxes
-11	12	6	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	-0	-3	-4	-5	-5	-2	-2	-2	-2	-1	-0	0	0	0	-	-	-	-	-162	0	0	0
Net income attributable to L3Harris Technologies, Inc.
1,307	1,333	1,165	949	894	847	753	699	607	496	542	543	0	0	0	-	108	66	357	-	521	537	534	535	458	412	324	113	186	-261	-176	30	35	527	545	588	605	632	621	561	253	201	23	37	0	0	0
Amounts attributable to L3Harris Technologies, Inc. common shareholders
Income from continuing operations
1,284	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	540	472	460	465	466	532	562	556	558	563	0	0	-	0	-	-	-	-	-	-	312	0	0	0
Discontinued operations, net of income taxes
-2	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	-13	-47	-140	-353	-345	-824	-732	-528	-522	0	0	-	0	-	-	-	-	-	-	-274	0	0	0
Net income attributable to Harris Corporation
1,307	1,333	1,165	949	894	847	753	699	607	496	542	543	0	0	0	-	0	-	-	-	521	537	534	535	458	412	324	113	186	-261	-176	30	35	527	545	588	605	632	621	561	253	201	23	37	0	0	0
Earnings Per Share [Abstract]
Basic
Continuing operations (in dollars per share)
1.00	1.79	1.93	2.27	2.06	1.91	1.82	1.75	1.66	1.10	1.39	1.29	1.33	1.32	1.17	-	1.27	1.59	-	-	1.21	1.34	-	1.30	1.28	1.28	1.19	0.66	1.12	1.26	1.15	1.17	1.38	1.19	1.09	-	1.12	-	-	-	-	-	-	-0.62	1.02	1.06	0.89
Discontinued operations (in dollars per share)
0.00	0.00	0.00	-0.02	0.00	0.00	-0.01	0.05	-0.01	0.00	-0.06	-0.28	-0.63	0.10	0.12	-	0.08	-2.82	-	-	0.00	0.00	-	-0.06	0.04	-0.01	-0.02	-0.16	-0.27	-0.83	-1.92	0.06	-4.53	-0.02	-0.08	-	-0.02	-	-	-	-	-	-	-0.56	-0.16	-1.35	0.00
Basic (in dollars per share)
1.00	1.79	1.93	2.25	2.06	1.91	1.81	1.80	1.65	1.10	1.33	1.01	0.70	1.42	1.29	1.29	1.35	-1.23	1.20	-0.59	1.21	1.34	1.19	1.24	1.32	1.27	1.17	0.50	0.85	0.43	-0.77	1.23	-3.15	1.17	1.01	1.06	1.10	1.19	1.28	1.18	1.27	1.07	0.79	-1.18	0.86	-0.29	0.89
Diluted
Continuing operations (in dollars per share)
0.99	1.78	1.90	2.21	2.02	1.88	1.78	1.71	1.63	1.08	1.36	1.27	1.31	1.30	1.16	-	1.26	1.58	-	-	1.20	1.32	-	1.28	1.27	1.27	1.18	0.65	1.12	1.25	1.14	1.15	1.38	1.18	1.09	-	1.11	-	-	-	-	-	-	-0.64	1.02	1.06	0.89
Discontinued operations (in dollars per share)
0.00	-0.01	0.00	-0.01	0.00	-0.01	-0.01	0.04	-0.01	0.00	-0.05	-0.27	-0.62	0.10	0.11	-	0.08	-2.80	-	-	0.00	0.00	-	-0.06	0.04	-0.01	-0.02	-0.16	-0.27	-0.82	-1.90	0.07	-4.51	-0.02	-0.08	-	-0.02	-	-	-	-	-	-	-0.53	-0.16	-1.35	-0.01
Diluted (in dollars per share)
0.99	1.77	1.90	2.20	2.02	1.87	1.77	1.75	1.62	1.08	1.31	1.00	0.69	1.40	1.27	1.29	1.34	-1.22	1.18	-0.59	1.20	1.32	1.18	1.22	1.31	1.26	1.16	0.49	0.85	0.43	-0.76	1.22	-3.13	1.16	1.01	1.06	1.09	1.18	1.27	1.17	1.26	1.06	0.79	-1.17	0.86	-0.29	0.88
Cash dividends paid per common share (in dollars per share)
-	-	-	-	-	0.68	-	-	-	0.57	0.57	-	0.53	0.53	0.53	-	0.50	0.50	0.50	-	0.47	0.47	0.47	-	0.42	0.42	0.42	-	0.37	0.37	0.37	-	0.33	0.28	0.28	-	0.25	0.25	0.25	-	0.22	0.22	0.22	-	0.20	0.20	0.20
Basic weighted average common shares outstanding (in shares)
217	-	222	-	117	117	117	-	118	118	119	-	122	123	123	-	124	123	123	-	103	103	104	-	106	106	106	-	110	112	111	-	112	112	118	-	125	125	126	-	128	129	130	-	132	133	134
Diluted weighted average common shares outstanding (in shares)
219	-	225	-	120	120	120	-	121	120	121	-	124	125	125	-	125	124	124	-	105	104	105	-	107	107	107	-	111	112	112	-	112	112	119	-	126	126	127	-	130	130	131	-	133	133	134