L3HARRIS TECHNOLOGIES, INC. LHX Income Statement

L3harris technologies, inc. (LHX)

Income statement / Quarterly

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
4,626,000	4,832,000	4,431,000	1,865,000	1,728,000	1,666,000	1,542,000	1,661,000	1,562,000	1,535,000	1,410,000	1,539,000	1,489,000	1,449,000	1,420,000	883,000	1,550,000	1,748,000	1,811,000	337,000	1,187,000	1,206,000	1,155,000	1,329,400	1,267,500	1,223,200	1,191,900	1,359,900	1,203,700	1,286,900	1,261,500	1,436,200	1,368,800	1,310,200	1,336,100	1,161,700	1,412,800	1,438,500	1,405,400	974,800	1,329,500	1,217,700	1,203,000	1,294,100	1,205,100	1,333,200	1,172,600
Cost of product sales and services
3,298,000	3,484,000	3,242,000	1,223,000	1,139,000	1,095,000	1,010,000	1,097,000	1,028,000	1,022,000	919,000	1,079,000	958,000	920,000	897,000	468,000	1,009,000	1,203,000	1,220,000	46,000	754,000	808,000	762,000	899,100	841,000	795,400	774,500	887,800	803,500	845,400	848,300	939,600	879,800	856,000	893,900	814,300	896,600	940,500	881,100	642,200	820,000	778,600	812,100	889,700	813,300	925,300	791,900
Engineering, selling and administrative expenses
815,000	-	-	-	310,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Engineering, selling and administrative expenses
-	928,000	999,000	349,000	310,000	304,000	279,000	292,000	331,000	291,000	268,000	365,000	256,000	252,000	277,000	218,000	273,000	217,000	329,000	280,000	220,000	188,000	195,000	204,300	203,200	204,700	207,800	300,200	202,500	213,100	198,200	253,200	242,000	222,300	223,400	99,500	281,000	255,200	255,200	50,400	245,000	215,700	212,100	221,500	188,400	191,800	189,600
Gain on sale of business
-	0	229,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
-	-	-	-	-	-	-	-	-	-	-	-	275,000	277,000	246,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill and other assets
324,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Non-operating income
95,000	-	-	-	46,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonoperating Income (Expense)
-	113,000	79,000	48,000	46,000	47,000	47,000	20,000	46,000	44,000	46,000	164,000	0	1,000	1,000	10,000	-1,000	0	1,000	-108,000	0	0	0	-700	200	3,200	1,300	-39,400	-500	-1,100	0	-200	8,100	2,900	700	-300	-300	-900	-400	-900	-500	-300	-200	-900	6,600	-700	-8,100
Interest income
5,000	3,000	9,000	0	1,000	0	1,000	1,000	0	1,000	0	-	0	1,000	-	1,000	0	0	1,000	0	0	1,000	1,000	1,000	700	700	600	200	800	500	500	200	1,200	200	900	500	1,300	400	600	400	400	300	400	600	700	900	1,000
Interest expense
68,000	68,000	67,000	39,000	43,000	43,000	44,000	46,000	41,000	42,000	41,000	42,000	42,000	44,000	44,000	43,000	46,000	46,000	48,000	51,000	34,000	22,000	23,000	23,400	23,200	23,700	23,700	25,900	27,600	27,600	27,900	27,300	28,700	29,100	28,100	25,100	27,100	20,400	17,800	17,600	18,100	18,200	18,200	14,000	12,600	13,800	12,400
Income from continuing operations before income taxes
221,000	468,000	440,000	302,000	283,000	271,000	257,000	247,000	208,000	225,000	228,000	218,000	233,000	235,000	203,000	165,000	221,000	282,000	216,000	-148,000	179,000	189,000	176,000	202,900	201,000	203,300	187,800	106,800	170,400	200,200	187,600	216,100	227,600	205,900	192,300	223,000	209,100	221,900	251,500	264,100	246,300	205,200	160,800	-86,900	198,100	202,500	171,600
Income taxes
26,000	68,000	5,000	33,000	40,000	46,000	41,000	39,000	10,000	94,000	63,000	62,000	69,000	72,000	58,000	58,000	62,000	85,000	68,000	-45,000	53,000	50,000	51,000	65,500	63,900	66,200	60,400	36,200	45,800	61,700	59,300	80,000	73,200	71,100	61,700	80,900	67,500	70,800	87,600	93,300	80,100	65,700	56,300	-3,400	62,200	61,900	52,200
Income from continuing operations
195,000	400,000	435,000	269,000	243,000	225,000	216,000	208,000	198,000	131,000	165,000	156,000	164,000	163,000	145,000	-	159,000	197,000	-	-	126,000	139,000	-	137,400	137,100	137,100	127,400	70,600	124,600	138,500	128,300	136,100	154,400	134,800	130,600	-	141,600	-	-	-	-	-	-	-	-	-	-
Discontinued operations, net of income taxes
-1,000	-1,000	0	-1,000	0	0	-3,000	5,000	-2,000	0	-6,000	-35,000	-79,000	14,000	15,000	-	9,000	-349,000	-	-	0	0	-	-6,400	4,100	-1,000	-1,700	-14,700	-30,300	-93,700	-214,300	-7,600	-508,500	-2,500	-9,500	-	-2,400	-	-	-	-	-	-	-80,300	-38,400	-317,000	-1,300
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
194,000	399,000	435,000	268,000	243,000	225,000	213,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131,000	141,200	136,100	125,700	55,900	94,300	44,800	-86,000	128,500	-354,100	132,300	121,100	132,900	139,200	151,100	163,900	-	166,200	-	-	-163,800	97,500	-176,400	118,100
Noncontrolling interests, net of income taxes
-23,000	6,000	6,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	-200	-100	-100	400	-500	-3,700	-200	-600	-900	-800	-500	-600	-300	0	0	-	-	-	-	-7,400	-16,700	-137,800	-600
Net income attributable to L3Harris Technologies, Inc.
217,000	393,000	429,000	268,000	243,000	225,000	213,000	213,000	196,000	131,000	159,000	121,000	85,000	177,000	160,000	-	168,000	-152,000	148,000	-	126,000	139,000	125,000	131,600	141,400	136,200	125,800	55,500	94,800	48,500	-85,800	129,100	-353,200	133,100	121,600	133,500	139,500	151,100	163,900	151,400	166,200	139,500	104,500	-156,400	114,200	-38,600	118,700
Amounts attributable to L3Harris Technologies, Inc. common shareholders
Income from continuing operations
218,000	394,000	429,000	-	243,000	-	216,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	138,000	137,300	137,200	127,500	70,200	125,100	142,200	128,500	136,700	155,300	135,600	131,100	-	141,900	-	-	-	-	-	-	-83,500	135,900	140,600	119,400
Discontinued operations, net of income taxes
-1,000	-1,000	0	-	0	-	-3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,400	4,100	-1,000	-1,700	-14,700	-30,300	-93,700	-214,300	-7,600	-508,500	-2,500	-9,500	-	-2,400	-	-	-	-	-	-	-72,900	-21,700	-179,200	-700
Net income attributable to Harris Corporation
217,000	393,000	429,000	268,000	243,000	225,000	213,000	213,000	196,000	131,000	159,000	121,000	85,000	177,000	160,000	-	168,000	-	-	-	126,000	139,000	125,000	131,600	141,400	136,200	125,800	55,500	94,800	48,500	-85,800	129,100	-353,200	133,100	121,600	133,500	139,500	151,100	163,900	151,400	166,200	139,500	104,500	-156,400	114,200	-38,600	118,700
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)
217,300	-	222,600	-	117,900	117,700	117,900	-	118,400	118,500	119,100	-	122,600	123,700	123,900	-	124,000	123,800	123,500	-	103,700	103,900	104,600	-	106,200	106,300	106,400	-	110,600	112,300	111,900	-	112,300	112,400	118,800	-	125,000	125,900	126,800	-	128,800	129,800	130,800	-	132,700	133,300	134,000
Diluted weighted average common shares outstanding (in shares)
219,300	-	225,400	-	120,300	120,000	120,600	-	121,000	120,900	121,200	-	124,500	125,400	125,500	-	125,100	124,900	124,700	-	105,000	104,900	105,800	-	107,400	107,300	107,300	-	111,200	112,900	112,600	-	112,900	112,800	119,400	-	126,000	126,800	127,700	-	130,000	130,800	131,400	-	133,100	133,300	134,700