L3 TECHNOLOGIES, INC. LLL Balance Sheet

L3 technologies, inc. (LLL)

Balance Sheet / Yearly

Mar'19	Dec'18	Sep'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Dec'15
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value
1,108	1,066	507	507	1,366	374	662	439	385	230	363	207
Billed receivables, net of allowances of $13 in 2019 and $12 in 2018
804	919	900	900	863	798	723	776	843	802	700	746
Contract assets
1,735	1,590	1,707	1,707	1,611	1,499	0	-	-	-	-	-
Contracts in process
-	-	0	0	0	0	1,933	2,273	2,200	2,254	1,858	2,081
Inventory, Net
896	879	911	911	934	994	389	392	355	353	330	333
Prepaid expenses and other current assets
362	356	410	410	332	392	300	219	238	233	175	201
Assets held for sale
-	-	0	0	0	136	135	-	-	-	0	-
Assets of discontinued operations
-	-	0	0	0	287	306	-	-	-	481	664
Total current assets
4,905	4,810	4,435	4,435	5,106	4,480	4,448	4,099	4,021	3,872	3,907	4,232
Property, plant and equipment, net
1,178	1,169	1,156	1,156	1,137	1,131	1,110	1,145	1,113	1,123	1,107	1,097
Operating lease right-of-use assets
618	0	-	-	-	-	-	-	-	-	-	-
Goodwill
6,826	6,808	6,834	6,834	6,651	6,632	6,615	6,652	6,739	6,679	6,374	6,281
Intangible Assets, Net (Excluding Goodwill)
378	390	414	414	288	284	292	299	296	242	229	199
Other assets
358	341	345	345	348	346	264	273	263	248	248	260
Assets
14,263	13,518	13,184	13,184	13,530	12,873	12,729	12,468	12,432	12,164	11,865	12,069
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt
-	-	-	-	581	-	-	-	-	-	-	499
Accounts payable, trade
672	699	619	619	588	587	531	425	360	427	419	297
Accrued employment costs
411	491	482	482	453	446	493	535	494	449	462	504
Accrued expenses
219	251	268	268	264	197	217	438	409	390	188	390
Contract liabilities
711	669	578	578	554	607	0	-	-	-	-	-
Advance payments and billings in excess of costs incurred
-	-	0	0	0	0	509	493	492	489	476	562
Income taxes payable
55	49	14	14	25	6	19	26	14	30	22	13
Other Liabilities, Current
364	288	299	299	338	319	367	366	426	444	392	394
Liabilities held for sale
-	-	0	0	0	19	17	-	-	-	0	-
Liabilities of discontinued operations
-	-	0	0	0	154	226	-	-	-	235	220
Total current liabilities
2,432	2,447	2,260	2,260	2,803	2,335	2,379	2,283	2,195	2,229	2,194	2,879
Pension and postretirement benefits
1,202	1,211	1,230	1,230	1,290	1,313	1,313	1,143	1,186	1,184	1,177	1,047
Deferred income taxes
205	196	221	221	190	177	158	259	302	258	189	219
Other Liabilities, Noncurrent
415	436	442	442	416	397	398	385	375	365	356	368
Operating Lease, Liability, Noncurrent
569	0	-	-	-	-	-	-	-	-	-	-
Long-term debt
3,322	3,321	3,320	3,320	3,319	3,331	3,330	3,329	3,327	3,326	3,325	3,127
Liabilities
8,145	7,611	7,473	7,473	8,018	7,553	7,578	7,399	7,385	7,362	7,241	7,640
Commitments and contingencies (see Note 19)
-	-	0	-	0	0	-	0	0	0	0	0
Shareholders’ equity:
Common stock: $.01 par value; 300,000,000 shares authorized, 79,397,240 shares outstanding at March 29, 2019 and 78,800,714 shares outstanding at December 31, 2018
6,904	6,866	6,808	6,808	6,723	6,607	6,519	6,458	6,396	6,330	6,285	6,052
Treasury stock (at cost), 84,999,711 shares at March 29, 2019 and December 31, 2018
7,726	7,726	7,726	7,726	7,691	7,523	7,404	7,315	7,250	7,224	7,224	6,851
Retained earnings
7,574	7,424	7,263	7,263	7,126	6,814	6,659	6,429	6,466	6,323	6,218	5,728
Accumulated other comprehensive loss
-701	-725	-703	-703	-714	-645	-691	-573	-636	-698	-726	-574
Total shareholders’ equity
6,051	5,839	5,642	5,642	5,444	5,253	5,083	4,999	4,976	4,731	4,553	4,355
Noncontrolling interests
67	68	69	69	68	67	68	70	71	71	71	74
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
6,118	5,907	5,711	5,711	5,512	5,320	5,151	5,069	5,047	4,802	4,624	4,429
Total liabilities and equity
14,263	13,518	13,184	13,184	13,530	12,873	12,729	12,468	12,432	12,164	11,865	12,069