L3Harris Technologies, Inc. Website

L3Harris Technologies, Inc.

NYSE-LHX

Income Statement
Jul '15
Jul '16
Jun '17
Jun '18
Jun '19
Jan '20
Jan '21
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

18,526

18,194

17,814

17,062

19,419

20,765

Total Revenues % Chg.

172.4%

-1.8%

-2.1%

-4.2%

13.8%

15.4%

Cost of Goods Sold, Total

13,168

12,886

12,438

12,135

14,306

15,297

Gross Profit

5,358

5,308

5,376

4,927

5,113

5,468

Selling General & Admin Expenses, Total

2,684

3,315

3,280

2,403

2,753

3,033

Other Operating Expenses

—

—

—

—

—

—

—

—

—

48

48

Other Operating Expenses, Total

2,684

3,315

3,280

2,403

2,801

3,081

Operating Income

2,674

1,993

2,096

2,524

2,312

2,387

Interest Expense, Total

-246

-254

-265

-279

-543

-678

Interest And Investment Income

—

—

—

—

—

—

—

Net Interest Expenses

-246

-254

-265

-279

-543

-678

Other Non Operating Income (Expenses)

—

—

-2

790

924

-16

28

30

EBT, Excl. Unusual Items

2,426

2,529

2,755

2,229

1,797

1,739

Restructuring Charges

—

—

—

—

-5

—

—

-55

-55

Merger & Related Restructuring Charges

—

-1,064

—

—

-162

-174

-147

Impairment of Goodwill

—

—

—

—

—

—

—

-62

-802

-296

-296

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

-40

—

—

—

Gain (Loss) On Sale Of Assets

—

—

458

-51

220

8

-51

-101

Asset Writedown

—

—

—

—

—

—

-762

-145

—

—

16

Other Unusual Items

—

—

—

—

-4

-389

-445

—

—

—

EBT, Incl. Unusual Items

1,816

1,322

2,283

1,273

1,221

1,156

Income Tax Expense

146

234

440

212

23

-4

Earnings From Continuing Operations

1,670

1,088

1,843

1,061

1,198

1,160

Earnings Of Discontinued Operations

-2

-2

-1

—

—

—

Minority Interest

—

—

—

—

—

-24

33

4

1

29

30

Net Income

1,644

1,119

1,846

1,062

1,227

1,190

Preferred Dividend and Other Adjustments

—

—

—

—

—

—

Net Income to Common Incl Extra Items

1,644

1,119

1,846

1,062

1,227

1,190

Net Income to Common Excl. Extra Items

1,646

1,121

1,847

1,062

1,227

1,190

Total Shares Outstanding

218.2

208.2

193.5

190.6

189.8

189.8

Weighted Avg. Shares Outstanding

221.2

214

201.3

191.8

189.6

189.7

Weighted Avg. Shares Outstanding Dil

223.7

215.9

203.2

193.5

190.6

190.7

EPS

7.4

5.2

9.2

5.5

6.5

6.3

EPS Diluted

7.4

5.2

9.1

5.5

6.4

6.2

EBITDA

3,245

3,025

3,063

3,462

3,478

3,686

Effective Tax Rate

8%

17.7%

19.3%

16.7%

1.9%

-0.3%