L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Q1 Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2025-03-28

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Q1 Balance SheetBalance sheet as of 2025-03-28. The chart shows assets, liabilities and equity at that date.Current liabilities$7.45 BCurrent assets$7.60 BLiabilities$22.12 BAssets$41.25 BNon-current liabilities$14.67 BNon-current assets$33.65 BEquity$19.13 BGross equity(calculated)$19.15 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSContract assetsReceivables, net of allowances for collection losses of $23 and $21, respectivelyInventories, 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 benefitsLong-term debt, netOther long-term liabilitiesDeferred income taxesPaid-in capitalRetained earningsCommon stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectivelyCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Noncontrolling interestsAccumulated other comprehensive (loss) incomeContract liabilitiesContract liabilities$2.12 BContract assetsContract assets$3.64 BAccounts payableAccounts payable$2.05 BCurrent liabilitiesCurrent liabilities$7.45 BReceivables, net of allowances for collection losses of $23 and $21, respectivelyReceivables, net$1.50 BCurrent assetsCurrent assets$7.60 BOther current liabilitiesOther current liabilities$1.69 BInventories, netInventories, net$1.25 BLiabilitiesLiabilities$22.12 BCurrent portion of long-term debt, netCurrent portion of long-term debt, net$740.00 MAssetsAssets$41.25 BCash and cash equivalentsCash and cash equivalents$517.00 MShort-term debtShort-term debt$535.00 MOther current assetsOther current assets$478.00 MCompensation and benefitsCompensation and benefits$314.00 MIncome taxes receivableIncome taxes receivable$205.00 MNon-current liabilitiesNon-current liabilities$14.67 BLong-term debt, netLong-term debt, net$10.98 BNon-current assetsNon-current assets$33.65 BEquityEquity$19.13 BGoodwillGoodwill$20.34 BOther long-term liabilitiesOther long-term liabilities$2.85 BDeferred income taxesDeferred income taxes$842.00 MGross equity (calculated)Gross equity(calculated)$19.15 BIntangible assets, netIntangible assets, net$7.45 BPaid-in capitalPaid-in capital$15.17 BOther non-current assetsOther non-current assets$2.98 BProperty, plant and equipment, netProperty, plant and equipment, net$2.76 BRetained earningsRetained earnings$3.79 BDeferred income taxesDeferred income taxes$128.00 MCommon stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectivelyCommon stock$188.00 MNoncontrolling interestsNoncontrolling interests−$1.00 MAccumulated other comprehensive (loss) incomeAccumulated other comprehensive (loss) income−$14.00 M
Chart details

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Q1 Balance Sheet

Balance sheet as of 2025-03-28. The chart shows assets, liabilities and equity at that date.

Assets
41,248,000,000 US dollars
Current assets
7,596,000,000 US dollars
Non-current assets
33,652,000,000 US dollars
Liabilities
22,118,000,000 US dollars
Current liabilities
7,449,000,000 US dollars
Non-current liabilities
14,669,000,000 US dollars
Equity
19,130,000,000 US dollars
Noncontrolling interest
negative 1,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Contract assets
3,643,000,000 US dollars
Receivables, net of allowances for collection losses of $23 and $21, respectively
1,501,000,000 US dollars
Inventories, net
1,252,000,000 US dollars
Cash and cash equivalents
517,000,000 US dollars
Other current assets
478,000,000 US dollars
Income taxes receivable
205,000,000 US dollars
Assets of business held for sale
0 US dollars
Goodwill
20,337,000,000 US dollars
Intangible assets, net
7,448,000,000 US dollars
Other non-current assets
2,984,000,000 US dollars
Property, plant and equipment, net
2,755,000,000 US dollars
Deferred income taxes
128,000,000 US dollars
Contract liabilities
2,124,000,000 US dollars
Accounts payable
2,047,000,000 US dollars
Other current liabilities
1,689,000,000 US dollars
Current portion of long-term debt, net
740,000,000 US dollars
Short-term debt
535,000,000 US dollars
Compensation and benefits
314,000,000 US dollars
Liabilities of business held for sale
0 US dollars
Long-term debt, net
10,977,000,000 US dollars
Other long-term liabilities
2,850,000,000 US dollars
Deferred income taxes
842,000,000 US dollars
Paid-in capital
15,170,000,000 US dollars
Retained earnings
3,787,000,000 US dollars
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectively
188,000,000 US dollars
Noncontrolling interests
negative 1,000,000 US dollars
Accumulated other comprehensive (loss) income
negative 14,000,000 US dollars
Gross equity (calculated)
19,145,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

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) FY2025 Q1 Balance Sheet Sankey chart
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