← L3HARRIS TECHNOLOGIES, INC. /DE/

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $484.0m $288.0m $530.0m $824.0m $941.0m $880.0m $560.0m $615.0m $1.1b $1.1b
Cash and cash equivalents $484.0m $288.0m $530.0m $824.0m $1.3b $880.0m $560.0m $615.0m $1.1b $1.1b
Income taxes receivable $24.0m $174.0m $191.0m $202.0m $295.0m $40.0m $61.0m — $379.0m $53.0m
Inventories, net $841.0m $925.0m $360.0m $1.2b $973.0m $1.3b $1.5b — $1.3b $1.2b
Other current assets $101.0m $101.0m $100.0m $392.0m $307.0m $298.0m $430.0m $461.0m $431.0m $431.0m
Receivables, net — — — $1.2b $1.3b $1.3b $1.2b — $1.1b $1.4b
Accounts Receivable — — — — — $1.3b $1.2b $1.1b $1.4b —
Allowance For Doubtful Accounts Receivable — — — — — ($40.0m) ($15.0m) ($21.0m) ($21.0m) —
Cash Cash Equivalents And Short Term Investments — — — — — $880.0m $560.0m $615.0m $1.1b —
Gross Accounts Receivable — — — — — $1.3b $1.2b $1.1b $1.4b —
Other Receivables — — — — — $3.0b $3.2b $3.2b $3.6b —
Taxes Receivable — — — — — $40.0m $61.0m $379.0m $53.0m —
Inventory, Net $841.0m $925.0m $360.0m $1.2b $982.0m $1.3b $1.5b $1.3b $1.2b $1.2b
Assets, Current $2.1b $2.2b $2.6b $6.3b $6.4b $6.8b $8.1b $8.2b $8.6b $8.6b
Total current assets $2.1b $2.2b $2.6b $6.3b $6.7b $6.8b $8.1b — $8.2b $8.6b
Property, Plant and Equipment, Net $904.0m $900.0m $894.0m $2.1b $2.1b $2.1b $2.9b — $2.8b $2.7b
Goodwill $5.4b $5.4b $5.3b $20.0b $18.2b $17.3b $20.0b $20.3b $20.0b $20.0b
Intangible Assets, Net (Excluding Goodwill) $1.1b $989.0m $870.0m $8.5b $6.6b $6.0b $8.5b $7.6b $6.5b $6.5b
Intangible assets, net $1.1b $989.0m $870.0m $8.5b $7.9b $6.0b $8.5b — $7.6b $6.5b
Goodwill And Other Intangible Assets — — — — — $23.3b $28.5b $28.0b $26.5b —
Other Intangible Assets — — — — — $6.0b $8.5b $7.6b $6.5b —
Operating Lease, Right-of-Use Asset — — — $837.0m $769.0m $756.0m $743.0m $684.0m $717.0m $717.0m
Other Assets, Noncurrent $234.0m $239.0m $262.0m $509.0m $566.0m $553.0m $2.2b $2.9b $3.3b $3.3b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — — — $1.2b $1.0b $1.3b $1.2b $1.1b $1.4b $1.4b
Assets of business held for sale $0 $0 $133.0m $0 $35.0m $47.0m $1.1b — $1.1b $884.0m
Compensation and benefits $140.0m $142.0m $161.0m $460.0m $496.0m $398.0m $544.0m — $419.0m $482.0m
Contract assets $706.0m $782.0m $807.0m $2.5b $2.4b $3.0b $3.2b — $3.2b $3.6b
Contract liabilities $291.0m $372.0m $496.0m $1.2b $1.2b $1.4b $1.9b — $2.1b $2.3b
Deferred income taxes $409.0m $116.0m $173.0m $1.5b $1.2b $719.0m $815.0m — $942.0m $1.1b
Liabilities of business held for sale $12.0m $0 $36.0m $0 $13.0m $19.0m $272.0m — $235.0m $113.0m
Other current liabilities — — — — — $19.0m $1.4b $1.9b $1.3b $1.9b
Other non-current assets $234.0m $239.0m $262.0m $509.0m $522.0m $1.3b $2.2b $2.9b $3.3b $3.3b
Other non-current liabilities $507.0m $517.0m $537.0m $808.0m $1.1b $2.2b $2.9b $2.8b $2.8b $2.8b
Accumulated Depreciation — — — — — ($2.2b) ($2.5b) ($2.8b) ($3.2b) —
Assets Held For Sale Current — — — — — $47.0m $1.1b $1.1b $884.0m —
Buildings And Improvements — — — — — $1.3b $1.6b $1.6b $1.7b —
Capital Lease Obligations — — — — $768.0m $741.0m — — — —
Commercial Paper — — — — — — — $515.0m $0 —
Current Accrued Expenses — — — — $1.0b $818.0m $1.1b — — —
Current Debt — — — — — $820.0m $2.0b $1.2b $673.0m —
Current Debt And Capital Lease Obligation — — — — — $820.0m $2.0b $1.2b $673.0m —
Current Deferred Liabilities — — — — — $1.4b $1.9b $2.1b $2.3b —
Employee Benefits — — — — $614.0m $262.0m — — — —
Finished Goods — — — — — $181.0m $217.0m $211.0m $243.0m —
Gross PPE — — — — — $4.3b $5.3b $5.6b $5.9b —
Income Tax Payable — — — — $28.0m $376.0m $88.0m $29.0m — —
Invested Capital — — — — — $25.6b $31.9b $31.8b $30.8b —
Land And Improvements — — — — — $78.0m $184.0m $182.0m $140.0m —
Long Term Capital Lease Obligation — — — — $768.0m $741.0m — — — —
Machinery Furniture Equipment — — — — — $3.0b $3.5b $3.8b $4.1b —
Net Debt — — — — — $6.2b $12.6b $11.6b $10.0b —
Net PPE — — — — — $2.1b $2.9b $2.8b $2.7b —
Net Tangible Assets — — — — — ($4.8b) ($9.8b) ($8.4b) ($6.9b) —
Non Current Deferred Assets — — — — — $73.0m $91.0m $120.0m $76.0m —
Non Current Deferred Liabilities — — — — — $719.0m $815.0m $942.0m $1.1b —
Non Current Deferred Taxes Assets — — — — — $73.0m $91.0m $120.0m $76.0m —
Ordinary Shares Number — — — — — $190.6m $189.8m $189.8m $186.8m —
Other Current Borrowings — — — — $13.0m $820.0m — $640.0m $673.0m —
Other Equity Adjustments — — — — — ($288.0m) ($198.0m) $27.0m $119.0m —
Other Equity Interest — — — — $16.2b $15.7b — — — —
Other Properties — — — — $769.0m $756.0m — — — —
Properties — — — — — $0 $0 $0 $0 —
Raw Materials — — — — — $714.0m $828.0m $787.0m $685.0m —
Share Issued — — — — — $190.6m $189.8m $189.8m $186.8m —
Tangible Book Value — — — — — ($4.8b) ($9.8b) ($8.4b) ($6.9b) —
Work In Process — — — — — $396.0m $427.0m $332.0m $291.0m —
Working Capital — — — — — $978.0m $51.0m $585.0m $1.4b —
Total equity $2.9b — — $22.7b $20.8b $18.6b $18.8b — $19.6b $19.6b
Total shareholders’ equity $2.9b $3.3b $3.4b $22.6b $20.7b $18.5b $18.8b — $19.5b $19.6b
Total Capitalization — — — — — $24.7b $29.9b $30.6b $30.1b —
Total Debt — — — — — $7.0b $13.1b $12.2b $11.1b —
Total Non Current Assets — — — — — $26.8b $33.6b $33.8b $32.6b —
Total Tax Payable — — — — $28.0m $376.0m $88.0m $29.0m — —
Assets $10.1b $9.8b $10.1b $38.3b $34.7b $33.5b $41.7b $42.0b $41.2b $41.2b
Total Assets $10.1b $9.8b $10.1b $38.3b $37.0b $33.5b $41.7b $42.0b $41.2b —
Total assets $10.1b $9.8b $10.1b $38.3b $37.0b $33.5b $41.7b $42.0b $41.2b $41.2b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $540.0m $622.0m $525.0m $1.3b $1.8b $1.9b $2.1b $2.0b $2.5b $2.5b
Long-term Debt, Current Maturities $554.0m $3.4b $2.8b $6.7b $6.9b $6.2b $11.2b — $11.1b —
Long-term Debt, Excluding Current Maturities $3.4b $3.4b $2.8b $6.7b $7.0b $6.2b $11.2b $11.1b $10.4b $10.4b
Long-term debt, net of current portion $3.4b $3.4b $2.8b $6.7b $6.9b $6.2b $11.2b — $11.1b $10.4b
Operating Lease, Liability, Current — — — $129.0m $109.0m $121.0m $120.0m — $132.0m $132.0m
Operating Lease, Liability, Noncurrent — — — $781.0m $768.0m $741.0m $705.0m $601.0m $653.0m $653.0m
Short-term debt $80.0m $78.0m $103.0m $3.0m $2.0m $2.0m $1.6b — $515.0m $0
Current Deferred Revenue — — — — — $1.4b $1.9b $2.1b $2.3b —
Payables And Accrued Expenses — — — — — $3.1b $2.2b $2.0b $2.5b —
Liabilities, Current $1.9b $1.8b $2.3b $4.0b $4.6b $5.8b $8.0b $7.6b $7.2b $7.2b
Total current liabilities $1.9b $1.8b $2.3b $4.0b $4.2b $5.8b $8.0b — $7.6b $7.2b
Deferred Income Tax Liabilities, Net — $90.0m $12.0m $1.5b $1.3b $719.0m $815.0m $942.0m $1.1b $1.1b
Other Liabilities, Noncurrent $507.0m $517.0m $537.0m $808.0m $1.1b $1.2b $2.9b $2.8b $2.8b $2.8b
Long Term Debt And Capital Lease Obligation — — — — — $6.2b $11.2b $11.1b $10.4b —
Non Current Deferred Taxes Liabilities — — — — — $719.0m $815.0m $942.0m $1.1b —
Non Current Pension And Other Postretirement Benefit Plans — — — — $614.0m $262.0m — — — —
Pensionand Other Post Retirement Benefit Plans Current — — — — — $398.0m $544.0m $419.0m $482.0m —
Deferred Tax Liabilities, Net $562.0m $443.0m $415.0m $1.4b $1.3b $646.0m $724.0m $822.0m $1.0b $1.0b
Liabilities — — — — — — $22.9b $22.4b $21.6b $21.6b
Total Liabilities Net Minority Interest — — — — — $14.9b $22.9b $22.4b $21.6b —
Total liabilities — — — — — $14.9b $22.9b $22.4b $21.6b $21.6b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($276.0m) ($202.0m) ($707.0m) ($508.0m) ($146.0m) ($288.0m) ($198.0m) $27.0m $119.0m $119.0m
Accumulated other comprehensive income ($276.0m) ($202.0m) ($707.0m) ($508.0m) ($839.0m) ($288.0m) ($198.0m) — $27.0m $119.0m
Additional Paid in Capital, Common Stock $1.7b $1.7b $1.8b $20.7b $16.2b $15.7b $15.6b $15.6b $15.1b $15.1b
Common Stock Equity — — — — — $18.5b $18.8b $19.5b $19.6b —
Common Stock, Value, Issued $120.0m $118.0m $119.0m $218.0m $194.0m $191.0m $190.0m $190.0m $187.0m $187.0m
Common stock $120.0m $118.0m $119.0m $218.0m $208.0m $191.0m $190.0m $190.0m $187.0m $187.0m
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 — —
Retained Earnings (Accumulated Deficit) $1.3b $1.7b $2.2b $2.2b $2.9b $2.9b $3.2b $3.7b $4.2b $4.2b
Capital Stock — — — — — $191.0m $190.0m $190.0m $187.0m —
Gains Losses Not Affecting Retained Earnings — — — — — ($288.0m) ($198.0m) $27.0m $119.0m —
Preferred Stock — — — — $0 $0 $0 $0 — —
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax $146.0m $83.0m $563.0m ($508.0m) ($839.0m) ($288.0m) ($198.0m) — $27.0m —
Stockholders' Equity Attributable to Parent $2.9b $3.3b $3.4b $22.6b $19.2b $18.5b $18.8b $19.5b $19.6b $19.6b
Noncontrolling interests $0 — — $157.0m $117.0m $101.0m $64.0m — $65.0m $0
Stockholders' Equity Attributable to Noncontrolling Interest $0 — — $157.0m $106.0m $101.0m $64.0m $65.0m $0 $0
Minority Interest — — — — — $101.0m $64.0m $65.0m $0 —
Total Equity Gross Minority Interest — — — — — $18.6b $18.8b $19.6b $19.6b —
Total Non Current Liabilities Net Minority Interest — — — — — $9.1b $14.9b $14.8b $14.3b —
Liabilities and Equity $10.1b $9.8b $10.1b $38.3b $34.7b $33.5b $41.7b $42.0b $41.2b $41.2b
Total liabilities and equity $10.1b $9.8b $10.1b $38.3b $37.0b $33.5b $41.7b — $42.0b $41.2b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.