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

- Company: L3HARRIS TECHNOLOGIES, INC. (LHX)
- Period: As of 2025-03-28
- Filing: Q1 FY2025 10-Q, filed 2025-04-24, accession number 0000202058-25-000101
- Page: https://plicit.ai/financials/lhx/fy2025-q1-balance-sheet
- Chart image: https://plicit.ai/charts/lhx-fy2025-q1-balance-sheet-sankey.png

## Chart details

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.