L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2025-01-03

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual Balance SheetBalance sheet as of 2025-01-03. The chart shows assets, liabilities and equity at that date.Current liabilities$7.63 BCurrent assets$8.22 BLiabilities$22.42 BAssets$42.00 BNon-current liabilities$14.79 BNon-current assets$33.78 BEquity$19.58 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSContract assetsInventories, netAssets of business held for saleReceivables, netCash and cash equivalentsOther current assetsIncome taxes receivableGoodwillIntangible assets, netOther non-current assetsProperty, plant and equipment, netDeferred income taxesContract liabilitiesAccounts payableOther current liabilitiesCurrent portion of long-term debt, netShort-term debtCompensation and benefitsLiabilities of business held for saleIncome taxes payableLong-term debt, netOther long-term liabilitiesDeferred income taxesPaid-in capitalRetained earningsCommon stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,794,911 and 189,808,581 shares at January 3, 2025 and December 29, 2023, respectivelyAccumulated other comprehensive income (loss)Noncontrolling interestsCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityContract liabilitiesContract liabilities$2.14 BAccounts payableAccounts payable$2.01 BContract assetsContract assets$3.23 BOther current liabilitiesOther current liabilities$1.65 BCurrent liabilitiesCurrent liabilities$7.63 BInventories, netInventories, net$1.33 BCurrent portion of long-term debt, netCurrent portion of long-term debt, net$640.00 MCurrent assetsCurrent assets$8.22 BShort-term debtShort-term debt$515.00 MAssets of business held for saleAssets of business held for sale$1.13 BLiabilitiesLiabilities$22.42 BCompensation and benefitsCompensation and benefits$419.00 MReceivables, netReceivables, net$1.07 BAssetsAssets$42.00 BLiabilities of business held for saleLiabilities of business held for sale$235.00 MCash and cash equivalentsCash and cash equivalents$615.00 MIncome taxes payableIncome taxes payable$29.00 MOther current assetsOther current assets$461.00 MNon-current liabilitiesNon-current liabilities$14.79 BIncome taxes receivableIncome taxes receivable$379.00 MLong-term debt, netLong-term debt, net$11.08 BNon-current assetsNon-current assets$33.78 BOther long-term liabilitiesOther long-term liabilities$2.77 BGoodwillGoodwill$20.33 BDeferred income taxesDeferred income taxes$942.00 MEquityEquity$19.58 BIntangible assets, netIntangible assets, net$7.64 BPaid-in capitalPaid-in capital$15.56 BOther non-current assetsOther non-current assets$2.89 BRetained earningsRetained earnings$3.74 BProperty, plant and equipment, netProperty, plant and equipment, net$2.81 BCommon stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,794,911 and 189,808,581 shares at January 3, 2025 and December 29, 2023, respectivelyCommon stock$190.00 MDeferred income taxesDeferred income taxes$120.00 MAccumulated other comprehensive income (loss)Accumulated other comprehensive income (loss)$27.00 MNoncontrolling interestsNoncontrolling interests$65.00 M
Chart details

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual Balance Sheet

Balance sheet as of 2025-01-03. The chart shows assets, liabilities and equity at that date.

Assets
42,001,000,000 US dollars
Current assets
8,218,000,000 US dollars
Non-current assets
33,783,000,000 US dollars
Liabilities
22,422,000,000 US dollars
Current liabilities
7,633,000,000 US dollars
Non-current liabilities
14,789,000,000 US dollars
Equity
19,579,000,000 US dollars
Noncontrolling interest
65,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Contract assets
3,230,000,000 US dollars
Inventories, net
1,330,000,000 US dollars
Assets of business held for sale
1,131,000,000 US dollars
Receivables, net
1,072,000,000 US dollars
Cash and cash equivalents
615,000,000 US dollars
Other current assets
461,000,000 US dollars
Income taxes receivable
379,000,000 US dollars
Goodwill
20,325,000,000 US dollars
Intangible assets, net
7,639,000,000 US dollars
Other non-current assets
2,893,000,000 US dollars
Property, plant and equipment, net
2,806,000,000 US dollars
Deferred income taxes
120,000,000 US dollars
Contract liabilities
2,142,000,000 US dollars
Accounts payable
2,005,000,000 US dollars
Other current liabilities
1,648,000,000 US dollars
Current portion of long-term debt, net
640,000,000 US dollars
Short-term debt
515,000,000 US dollars
Compensation and benefits
419,000,000 US dollars
Liabilities of business held for sale
235,000,000 US dollars
Income taxes payable
29,000,000 US dollars
Long-term debt, net
11,081,000,000 US dollars
Other long-term liabilities
2,766,000,000 US dollars
Deferred income taxes
942,000,000 US dollars
Paid-in capital
15,558,000,000 US dollars
Retained earnings
3,739,000,000 US dollars
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,794,911 and 189,808,581 shares at January 3, 2025 and December 29, 2023, respectively
190,000,000 US dollars
Accumulated other comprehensive income (loss)
27,000,000 US dollars
Preferred stock, without par value; 1,000,000 shares authorized; none issued
0 US dollars
Noncontrolling interests
65,000,000 US dollars

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual Balance Sheet Sankey chart
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