L3Harris (LHX) 10-Q 31 Oct 19 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 27, 2019	Oct. 25, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	1-3863
Entity Registrant Name	L3HARRIS TECHNOLOGIES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	34-0276860
Entity Address, Address Line One	1025 West NASA Boulevard
Entity Address, City or Town	Melbourne,
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	32919
City Area Code	321
Local Phone Number	727-9100
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	LHX
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		221,064,649
Entity Central Index Key	0000202058
Document Period End Date	Sep. 27, 2019
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--01-03

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Income Statement [Abstract]
Revenue from product sales and services	$ 4,431	$ 1,542
Cost of product sales and services	(3,242)	(1,010)
Engineering, selling and administrative expenses	(999)	(279)
Gain on sale of business	229	0
Non-operating income	79	47
Interest income	9	1
Interest expense	(67)	(44)
Income from continuing operations before income taxes	440	257
Income taxes	(5)	(41)
Income from continuing operations	435	216
Discontinued operations, net of income taxes	0	(3)
Net income	435	213
Noncontrolling interests, net of income taxes	(6)	0
Net income attributable to L3Harris Technologies, Inc.	429	213
Amounts attributable to L3Harris Technologies, Inc. common shareholders
Income from continuing operations	429	216
Discontinued operations, net of income taxes	$ 0	$ (3)
Basic
Continuing operations (in dollars per share)	$ 1.93	$ 1.82
Discontinued operations (in dollars per share)	0	(0.01)
Basic (in dollars per share)	1.93	1.81
Diluted
Continuing operations (in dollars per share)	1.90	1.78
Discontinued operations (in dollars per share)	0	(0.01)
Diluted (in dollars per share)	$ 1.90	$ 1.77
Basic weighted average common shares outstanding (in shares)	222.6	117.9
Diluted weighted average common shares outstanding (in shares)	225.4	120.6

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 435	$ 213
Other comprehensive loss:
Foreign currency translation loss, net of income taxes	(25)	0
Net unrealized gain (loss) on hedging derivatives, net of income taxes	(38)	1
Net unrecognized loss on postretirement obligations, net of income taxes	0	(1)
Other comprehensive loss, net of income taxes	(63)	0
Total comprehensive income	372	213
Comprehensive income attributable to noncontrolling interests	(6)	0
Total comprehensive income attributable to L3Harris Technologies, Inc.	$ 366	$ 213

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 27, 2019	Jun. 28, 2019
Current Assets
Cash and cash equivalents	$ 1,001	$ 530
Receivables	1,275	457
Contract assets	2,625	807
Inventories	1,339	360
Income taxes receivable	291	191
Other current assets	496	100
Assets of disposal group held for sale	0	133
Total current assets	7,027	2,578
Non-current Assets
Property, plant and equipment	2,073	894
Operating lease right-of-use assets	934
Goodwill	20,749	5,340
Other intangible assets	7,516	870
Deferred income taxes	124	173
Other non-current assets	524	262
Total non-current assets	31,920	7,539
Total assets	38,947	10,117
Current Liabilities
Short-term debt	3	103
Accounts payable	1,423	525
Contract liabilities	1,210	496
Compensation and benefits	521	161
Other accrued items	881	283
Income taxes payable	24	8
Current portion of long-term debt, net	656	656
Liabilities of disposal group held for sale	0	36
Total current liabilities	4,718	2,268
Non-current Liabilities
Defined benefit plans	2,145	1,174
Operating lease liabilities	831
Long-term debt, net	6,307	2,763
Deferred income taxes	1,192	12
Other long-term liabilities	829	537
Total non-current liabilities	11,304	4,486
Shareholders’ Equity:
Preferred stock, without par value; 1,000,000 shares authorized; none issued	0	0
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 221,568,390 shares at September 27, 2019 and 118,552,599 shares at June 28, 2019	222	119
Other capital	21,288	1,778
Retained earnings	2,019	2,173
Accumulated other comprehensive loss	(756)	(707)
Total shareholders’ equity	22,773	3,363
Noncontrolling interests	152	0
Total equity	22,925	3,363
Total liabilities and equity	$ 38,947	$ 10,117

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEET (Parenthetical) - $ / shares	Sep. 27, 2019	Jun. 28, 2019
Shareholders’ Equity:
Preferred shares, authorized (in shares)	1,000,000	1,000,000
Preferred shares, issued (in shares)	0	0
Common shares, par value (in dollars per share)	$ 1	$ 1
Common shares, authorized (in shares)	500,000,000	500,000,000
Common shares, issued (in shares)	221,568,200	118,552,599
Common shares, outstanding (in shares)	221,568,200	118,552,599

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Statement of Cash Flows [Abstract]
Net income	$ 435	$ 213
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	201	65
Share-based compensation	143	38
Qualified pension plan contributions	(327)	0
Pension and other postretirement benefit plan income	(58)	(38)
Gain on sale of business, net	(229)	0
Gain on sale of asset group	(12)	0
Deferred income taxes	0	9
(Increase) decrease in:
Accounts receivable	31	34
Contract assets	(110)	(88)
Inventories	75	(3)
Increase (decrease) in:
Accounts payable	0	(141)
Contract liabilities	(7)	38
Compensation and benefits	37	(16)
Income taxes	(28)	28
Other accrued items	7	(6)
Other	(77)	(16)
Net cash provided by operating activities	81	117
Investing Activities
Net additions of property, plant and equipment	(84)	(31)
Proceeds from sale of business, net	346	0
Net cash acquired in L3Harris Merger	1,132	0
Proceeds from sale of asset group	20	0
Net cash provided by (used in) investing activities	1,414	(31)
Financing Activities
Net proceeds from borrowings	3	216
Repayments of borrowings	(100)	0
Proceeds from exercises of employee stock options	95	15
Repurchases of common stock	(750)	(200)
Cash dividends	(177)	(82)
Other financing activities	(85)	(18)
Net cash used in financing activities	(1,014)	(69)
Effect of exchange rate changes on cash and cash equivalents	(10)	0
Net increase in cash and cash equivalents	471	17
Cash and cash equivalents, beginning of year	530	288
Cash and cash equivalents, end of quarter	$ 1,001	$ 305

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($) $ in Millions	Total	Common Stock	Other Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Non-controlling Interests
Beginning balance at Jun. 29, 2018	$ 3,278	$ 118	$ 1,714	$ 1,648	$ (202)	$ 0
Net income	213			213
Other comprehensive loss	0				0
Net loss from postretirement obligations and hedging derivatives reclassified to earnings					0
Shares issued under stock incentive plans	16	1	15
Shares issued under defined contribution plans	23		23
Share-based compensation expense	14		14
Repurchases and retirement of common stock	(218)	(1)	(118)	(99)
Cash dividends	(82)			(82)
Ending balance at Sep. 28, 2018	3,244	118	1,648	1,680	(202)	0
Beginning balance at Jun. 28, 2019	3,363	119	1,778	2,173	(707)	0
Net income	435			429		6
Other comprehensive loss	(63)				(63)
Shares issued for L3Harris Merger	19,800	104	19,696
Equity issuance costs	(2)		(2)
Net loss from postretirement obligations and hedging derivatives reclassified to earnings	14				14
Shares issued under stock incentive plans	95	2	93
Shares issued under defined contribution plans	48		48
Share-based compensation expense	94		94
Repurchases and retirement of common stock	(833)	(3)	(419)	(411)
Cash dividends	(172)			(172)
Distributions to noncontrolling interests	(5)					(5)
Fair value of noncontrolling interests recognized in purchase accounting	151					151
Ending balance at Sep. 27, 2019	$ 22,925	$ 222	$ 21,288	$ 2,019	$ (756)	$ 152

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENT OF EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Retained Earnings
Cash dividends (in dollars per share)	$ 0.75	$ 0.685

Significant Accounting Policies

Significant Accounting Policies and Recent Accounting Standards	3 Months Ended
	Sep. 27, 2019
Accounting Policies [Abstract]
Significant Accounting Policies and Recent Accounting Standards	Note A — Significant Accounting Policies and Recent Accounting Standards Basis of Presentation On October 12, 2018, Harris Corporation, a Delaware corporation (“Harris”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with L3 Technologies, Inc., a Delaware corporation (“L3”), and Leopard Merger Sub Inc., a Delaware corporation and a newly formed, direct wholly owned subsidiary of Harris (“Merger Sub”), pursuant to which Harris and L3 agreed to combine their respective businesses in an all-stock merger, at the closing of which Merger Sub would merge with and into L3, with L3 continuing as the surviving corporation and a direct wholly owned subsidiary of Harris (the “L3Harris Merger”). The closing of the L3Harris Merger occurred on June 29, 2019 (“Closing Date”), the day after Harris’ fiscal 2019 ended and the first day of the quarter ended September 27, 2019 . Upon completion of the L3Harris Merger, Harris was renamed “L3Harris Technologies, Inc.” (“L3Harris”), and each share of L3 common stock converted into the right to receive 1.30 shares (“Exchange Ratio”) of L3Harris common stock. Shares of L3Harris common stock, which previously traded under ticker symbol “HRS” on the New York Stock Exchange (“NYSE”) prior to completion of the L3Harris Merger, are traded under ticker symbol “LHX” following completion of the L3Harris Merger. L3Harris was owned on a fully diluted basis approximately 54 percent by Harris shareholders and 46 percent by L3 shareholders immediately following the completion of the L3Harris Merger. The preparation of financial statements in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) requires that the accompanying Condensed Consolidated Financial Statements (Unaudited) and most of the disclosures in these Notes to Consolidated Financial Statements (Unaudited) (these “Notes”) be presented on a historical basis for periods prior to the closing of the L3Harris Merger. Unless the context otherwise requires, the terms “we,” “our,” “us,” “Company” and “L3Harris” as used in this Quarterly Report on Form 10-Q (this “Report”) mean Harris and its subsidiaries when referring to periods prior to the end of fiscal 2019 (prior to the L3Harris Merger) and to the combined company L3Harris Technologies, Inc. and its consolidated subsidiaries when referring to periods after the end of fiscal 2019 (after the L3Harris Merger). We are accounting for the L3Harris Merger under the acquisition method of accounting. Under the acquisition method of accounting, we are required to measure identifiable assets acquired, liabilities assumed and any noncontrolling interests in the acquiree at their fair values as of the Closing Date. The excess of the consideration transferred over those fair values is recorded as goodwill. See Note B — Business Combination in these Notes for additional information related to the L3Harris Merger. The accompanying Condensed Consolidated Financial Statements (Unaudited) have been prepared by L3Harris, without an audit, in accordance with GAAP for interim financial information and with the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, such interim financial statements do not include all information and footnotes necessary for a complete presentation of financial condition, results of operations, cash flows and equity in conformity with GAAP for annual financial statements. In the opinion of management, such interim financial statements reflect all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of our financial condition, results of operations and cash flows for the periods presented therein. The results for the quarter ended September 27, 2019 are not necessarily indicative of the results that may be expected for the Fiscal Transition Period (as defined below) or any subsequent period. The balance sheet at June 28, 2019 has been derived from our audited financial statements, but does not include all of the information and footnotes required by GAAP for annual financial statements. We provide complete, audited financial statements in our Annual Report on Form 10-K, which includes information and footnotes required by the rules and regulations of the SEC. The information included in this Report should be read in conjunction with the Management’s Discussion and Analysis of Financial Condition and Results of Operations and the Consolidated Financial Statements and accompanying Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended June 28, 2019 (our “Fiscal 2019 Form 10-K”). We implemented a new organizational structure effective on June 29, 2019, which resulted in changes to our operating segments, which are also reportable segments and referred to as our business segments. The historical results, discussion and presentation of our business segments as set forth in the accompanying Condensed Consolidated Financial Statements (Unaudited) and these Notes reflect the impact of these changes for all periods presented in order to present segment information on a comparable basis. There is no impact on our previously reported consolidated statements of income, balance sheets, statements of cash flows or statements of equity resulting from these changes. On September 13, 2019, we completed the sale of the Harris Night Vision business to Elbit Systems of America, LLC, a subsidiary of Elbit Systems Ltd., for $350 million (net cash proceeds of $346 million after selling costs and estimated purchase price adjustments), subject to final customary purchase price adjustments as set forth in the definitive agreement. The Harris Night Vision business was not included in any of the operating segments in our new organizational structure and the operating results of the Harris Night Vision business through the date of the divestiture are discussed and presented as part of “Other non-reportable business segments” in this Report. See Note C — Business Divestitures and Asset Sales in these Notes for more information regarding the divestiture of the Harris Night Vision business. Amounts contained in this Report may not always add to totals due to rounding. Change in Fiscal Year Through fiscal 2019, our fiscal year ended on the Friday nearest June 30. Commencing June 29, 2019, our fiscal year will end on the Friday nearest December 31, and the period commencing on June 29, 2019 will be a fiscal transition period ending on January 3, 2020 (the “Fiscal Transition Period”). We will file a transition report on Form 10-KT containing audited financial statements for the Fiscal Transition Period. Use of Estimates The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the accompanying Condensed Consolidated Financial Statements (Unaudited) and these Notes and related disclosures. These estimates and assumptions are based on experience and other information available prior to issuance of the accompanying Condensed Consolidated Financial Statements (Unaudited) and these Notes. Materially different results can occur as circumstances change and additional information becomes known. Significant Accounting Policies Update There have been no material changes to our significant accounting policies described in our Fiscal 2019 Form 10-K, except as described in “Adoption of New Accounting Standards” below. Adoption of New Accounting Standards Effective June 29, 2019 , we adopted Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842), as amended (“ASC 842”) using the optional transition method. We initially applied ASC 842 for leases existing as of June 29, 2019 and recognized $270 million of right-of-use (“ROU”) assets and $289 million of lease liabilities in our Condensed Consolidated Balance Sheet (Unaudited). See Note B — Business Combination in these Notes for ROU assets and lease liabilities assumed as part of the L3Harris Merger. In accordance with ASC 842, we recognized ROU assets and liabilities in our balance sheet for operating and finance leases under which we are the lessee, except for equipment leases and, as permitted by a practical expedient under ASC 842, leases with a term of 12 months or less. Equipment leases were not material at September 27, 2019 and June 29, 2019 . We also elected the package of practical expedients permitted under ASC 842 and did not reassess lease classification for existing or expired leases, whether expired or existing contracts contain a lease under the new definition of a lease or whether previously capitalized initial direct costs would qualify for capitalization under ASC 842. Operating lease assets are classified as operating ROU assets, operating lease liabilities for obligations due within 12 months are classified as other current liabilities and operating lease liabilities for obligations due longer than 12 months are classified as other long-term liabilities. Finance lease assets are classified as property, plant and equipment. Finance lease liabilities are classified as other current liabilities or other long-term liabilities depending on when the obligation is due. Lease assets and liabilities are recognized based on the present value of future lease payments. Lease payments primarily include base rent. We have some lease payments that are based on an index and changes to the index are treated as variable lease payments and recognized in the period in which the obligation for those payments is incurred. Our leases also include non-lease components such as real estate taxes and common-area maintenance costs. We elected the practical expedient to account for lease and non-lease components as a single component. In certain of our leases, the non-lease components are variable and are therefore excluded from lease payments to determine the lease asset. The present value of future lease payments is determined using our incremental borrowing rate at lease commencement over the expected lease term. We use our incremental borrowing rate because our lessee leases do not provide an implicit lease rate. The expected lease term represents the number of years we expect to lease the property, including options to extend or terminate the lease when it is reasonably certain that we will exercise such option. Operating lease expense is recognized as an operating cost on a straight-line basis over the expected lease term in our Condensed Consolidated Statement of Income (Unaudited). For finance leases, the asset is amortized on a straight-line basis over the lease term, and interest on the lease liability is recognized in interest expense. The amortization of lease assets for our finance leases and interest expense was not material for the quarter ended September 27, 2019 . We are a lessor for certain arrangements for flight simulators. These leases meet the criteria for operating lease classification. Lease income associated with these leases was not material for the quarter ended September 27, 2019 . Adoption of ASC 842 did not have a material effect on our results of operations or cash flows. Effective June 29, 2019, we adopted ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . The amendments in this update are intended to better align companies’ risk management activities and financial reporting for hedging relationships through changes to both the designation and measurement guidance for qualifying hedge relationships and the presentation of hedge results. The amendments in this update require companies to present the earnings effect of the hedging instrument in the same income statement line in which the earnings effect of the hedged item is reported. Prior to the adoption of this update, GAAP provided hedge accounting for only the portion of the hedge deemed to be highly effective and required companies to separately reflect the amount by which the hedging instrument did not offset the hedged item, which is referred to as the ineffective amount. The amendments in this update include, among other items, removal of the requirement that companies separately measure and recognize in earnings the ineffective amount for highly effective hedges. Adoption of this standard did not have a material effect on our financial condition, results of operations or cash flows.

Business Combination

Business Combination	3 Months Ended
	Sep. 27, 2019
Business Combinations [Abstract]
Business Combination	Note B — Business Combination On October 12, 2018, Harris entered into the Merger Agreement with L3 and Merger Sub, pursuant to which Harris and L3 agreed to combine their respective businesses in an all-stock merger, at the closing of which Merger Sub would merge with and into L3, with L3 continuing as the surviving corporation and a direct wholly owned subsidiary of Harris. The closing of the L3Harris Merger occurred on June 29, 2019 , the first day of the quarter ended September 27, 2019 . Upon completion of the L3Harris Merger, Harris was renamed “L3Harris Technologies, Inc.” and each share of L3 common stock converted into the right to receive 1.30 shares of L3Harris common stock. L3Harris was owned on a fully diluted basis approximately 54 percent by Harris shareholders and 46 percent by L3 shareholders immediately following the completion of the L3Harris Merger. L3 was a prime contractor in intelligence, surveillance and reconnaissance (“ISR”) systems, aircraft sustainment (including modifications and fleet management of special mission aircraft), simulation and training, night vision and image intensification equipment, and security and detection systems. L3 also was a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 employed approximately 31,000 employees and its customers included the U.S. Department of Defense and its prime contractors, the U.S. Intelligence Community, the U.S. Department of Homeland Security, foreign governments and domestic and foreign commercial customers. L3 generated calendar 2018 revenue of approximately $10 billion . As a result of the L3Harris Merger, L3Harris is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs, with approximately 50,000 employees and customers in 130 countries. We provide advanced defense and commercial technologies across air, land, sea, space and cyber domain. Approximately 104 million shares of L3Harris common stock were issued to L3 shareholders following the completion of the L3Harris Merger. The trading price of L3Harris common stock was $189.13 per share as of the Closing Date. In addition, replacement L3Harris share-based awards were issued for certain outstanding L3 share-based awards. We are accounting for the L3Harris Merger under the acquisition method of accounting. Under the acquisition method of accounting, we are required to measure identifiable assets acquired, liabilities assumed and any noncontrolling interests in the acquiree at their fair values as of the Closing Date. Due to the timing of the L3Harris Merger relative to its size and complexity, our accounting for the L3Harris Merger is preliminary. The acquisition-date fair value estimates for consideration transferred, identifiable assets acquired, liabilities assumed and noncontrolling interests are based on preliminary calculations and our estimates and assumptions are subject to change as we obtain additional information during the measurement period (up to one year from the Closing Date). Our preliminary calculation of estimated consideration transferred is summarized below: (In millions, except exchange ratio and per share amounts) Outstanding shares of L3 common stock as of June 28, 2019 79.63 L3 restricted stock unit awards settled in shares of L3Harris common stock 0.41 L3 performance unit awards settled in shares of L3Harris common stock 0.04 80.08 Exchange Ratio 1.30 Shares of L3Harris common stock issued for L3 outstanding common stock 104.10 Price per share of L3Harris common stock as of June 28, 2019 $ 189.13 Fair value of L3Harris common stock issued for L3 outstanding common stock $ 19,689 Fair value of replacement RSUs attributable to merger consideration 10 Fair value of L3Harris stock options issued for L3 outstanding stock options 101 Withholding tax liability incurred for converted L3 share-based awards 45 Fair value of replacement award consideration 156 Fair value of total consideration 19,845 Less cash acquired (1,195 ) Total net consideration transferred $ 18,650 Our preliminary measurement of assets acquired, liabilities assumed and nonconrolling interests is summarized below: (In millions) Receivables $ 849 Contract assets 1,708 Inventories 1,056 Other current assets 517 Property, plant and equipment 1,176 Operating lease right-of-use assets 704 Goodwill 15,423 Other intangible assets 6,768 Other non-current assets 327 Total assets acquired $ 28,528 Accounts payable $ 898 Contract liabilities 722 Other current liabilities 772 Operating lease liabilities 715 Defined benefit plans 1,411 Long-term debt, net 3,548 Other long-term liabilities 1,661 Total liabilities assumed 9,727 Net assets acquired 18,801 Noncontrolling interests (151 ) Total net consideration transferred $ 18,650 The goodwill resulting from the L3Harris Merger was primarily associated with L3’s market presence and leading positions, growth opportunities in the markets in which L3 businesses operate, experienced work force and established operating infrastructures. Most of the goodwill related to the L3Harris Merger is nondeductible for tax purposes. As described in more detail in Note X — Business Segment Information in these Notes, we adjusted our segment reporting to reflect our new organizational structure commencing with the quarter ended September 27, 2019 . Under the revised reporting structure, our Integrated Mission Systems segment is comprised almost entirely of L3 operating businesses, as of the acquisition date, whereas our other segments are comprised of both L3 and Harris operating businesses. See Note K — Goodwill and Other Intangible Assets in these Notes for more information regarding the preliminary allocation of goodwill by reportable business segment under the revised reporting structure. The following table provides further detail of the fair value and weighted-average amortization period of identified intangible assets acquired by major intangible asset class: Weighted Average Amortization Period Total (In years) (In millions) Identifiable intangible assets acquired: Customer relationships (Government) 15 $ 3,549 Customer relationships (Commercial) 16 561 Trade names — Divisions 10 162 Developed technology 8 630 Total identifiable intangible assets subject to amortization 14 4,902 Trade names — Corporate indefinite 1,803 In-process research and development n/a 63 Total identifiable intangible assets $ 6,768 During the quarter ended September 27, 2019 , we recorded $373 million of L3Harris Merger-related charges, consisting of restructuring, integration, transaction and other costs as follows: • $74 million of transaction costs, recognized as incurred; • $35 million of integration costs, recognized as incurred; • $61 million of equity award acceleration charges, recognized upon change in control; • $92 million of additional cost of sales related to the fair value step-up in inventory sold; and • $111 million of restructuring costs as discussed in Note E — Restructuring and Other Exit Costs in these Notes. Because the L3Harris Merger benefited the entire Company as opposed to any individual business segment, the above costs were not allocated to any business segment. All of the costs above were recorded in the “Engineering, selling and administrative expenses” line item in our Condensed Consolidated Statement of Income (Unaudited), except for the $92 million of additional cost of sales related to the fair value step-up in inventory sold, which is included in the “Cost of product sales and services” line item in our Condensed Consolidated Statement of Income (Unaudited). Pro Forma Results The following summary, prepared on a pro forma basis, presents our unaudited consolidated results of operations for the quarter ended September 28, 2018 as if the L3Harris Merger had been completed as of the beginning of the quarter ended September 28, 2018 , after including any post-acquisition adjustments directly attributable to the acquisition, such as the sale of Harris’ Night Vision business, and after including the impact of adjustments such as amortization of intangible assets as well as the related income tax effects. This pro forma presentation does not include any impact of transaction synergies. The pro forma results are not necessarily indicative of our results of operations that actually would have been obtained had the combination of Harris and L3 been completed on the assumed date or for the period presented, or which may be realized in the future. September 28, 2018 (In millions) Revenue from product sales and services — as reported $ 1,542 Revenue from product sales and services — pro forma $ 4,018 Income from continuing operations — as reported $ 216 Income from continuing operations — pro forma $ 373 For the quarter ended September 27, 2019 , our Condensed Consolidated Statement of Income (Unaudited) includes the results of L3 operating businesses from the Closing Date, with total revenue of approximately $2.67 billion (net of intercompany sales between L3 operating businesses) and income from continuing operations before income taxes of approximately $0.19 billion (including $92 million of additional cost of sales related to the fair value step-up in inventory sold and $101 million of restructuring charges for workforce reductions associated with the L3Harris Merger).

Business Divestitures and Asset

Business Divestitures and Asset Sales	3 Months Ended
	Sep. 27, 2019
Discontinued Operations and Disposal Groups [Abstract]
Business Divestitures and Asset Sales	Note C — Business Divestitures and Asset Sales Harris Night Vision. On September 13, 2019, we completed the sale of the Harris Night Vision business, a global supplier of high-performance, vision-enhancing products for U.S. and allied military and security forces and commercial customers, for $350 million (net cash proceeds of $346 million after selling costs and estimated purchase price adjustments), subject to final customary purchase price adjustments pursuant to a definitive agreement we entered into on April 4, 2019 as part of the regulatory process in connection with the L3Harris Merger and recognized a pre-tax gain of $229 million . Through fiscal 2019, the Harris Night Vision business was reported as part of our former Communication Systems segment. As a result of the then-pending divestiture, the Harris Night Vision business was not included in any of our new business segments and, consequently, the operating results of the business are included in “Other non-reportable business segments” for the quarters ended September 27, 2019 and September 28, 2018 in this Report. Income before income taxes for the Harris Night Vision business was not material for the quarter ended September 27, 2019 and was $6 million for the quarter ended September 28, 2018 . The carrying amounts of the major classes of assets and liabilities of the Harris Night Vision business classified as held for sale at June 28, 2019 are summarized below: June 28, 2019 (In millions) Receivables $ 18 Inventories 52 Property, plant and equipment 29 Goodwill 30 Other intangible assets 4 Assets of disposal group held for sale $ 133 Accounts payable $ 13 Contract liabilities 1 Compensation and benefits 3 Other accrued items 3 Defined benefit plans 16 Liabilities of disposal group held for sale $ 36 Stormscope. On August 30, 2019, we completed the sale of the Stormscope product line for $20 million in cash and recorded a pre-tax gain of $12 million in the “Engineering, selling and administrative expenses” line item of our Condensed Consolidated Statement of Income (Unaudited).

Stock Options and Other Share-B

Stock Options and Other Share-Based Compensation	3 Months Ended
	Sep. 27, 2019
Share-based Payment Arrangement [Abstract]
Stock Options and Other Share-Based Compensation	Note D — Stock Options and Other Share-Based Compensation As of September 27, 2019 , we had options or other share-based compensation outstanding under two Harris shareholder-approved employee stock incentive plans (“SIPs”), the Harris Corporation 2005 Equity Incentive Plan (As Amended and Restated Effective August 27, 2010) and the Harris Corporation 2015 Equity Incentive Plan (the “2015 EIP”), as well as under employee stock incentive plans of L3 assumed by L3Harris (collectively, “L3Harris SIPs”). Harris equity awards granted prior to October 12, 2018, in accordance with the terms and conditions that were applicable to such awards prior to the L3Harris Merger, generally automatically vested upon closing of the L3Harris Merger and settled in L3Harris Common Stock, except stock options which automatically vested and remained outstanding. Harris equity awards granted on or after October 12, 2018 did not automatically vest upon closing of the L3Harris Merger, and instead remained outstanding as an award with respect to L3Harris Common Stock in accordance with the terms that were applicable to such award prior to the L3Harris Merger. L3’s equity awards granted prior to October 12, 2018, in accordance with the terms and conditions that were applicable to such awards prior to the L3Harris Merger, generally automatically vested upon closing of the L3Harris Merger and settled in L3Harris Common Stock (except stock options automatically converted into stock options with respect to L3Harris Common Stock and remained outstanding), in each case, after giving effect to the Exchange Ratio and appropriate adjustments to reflect the consummation of the L3Harris Merger and the terms and conditions applicable to such awards prior to the L3Harris Merger. Any L3 restricted stock unit or L3 restricted stock award granted on or after October 12, 2018 was converted into a corresponding award with respect to L3Harris Common Stock, with the number of shares underlying such award adjusted based on the Exchange Ratio, and remained outstanding in accordance with the terms that were applicable to such award prior to the L3Harris Merger. Pursuant to the Merger Agreement, L3Harris assumed the converted L3 equity awards. The compensation cost related to our share-based awards that was charged against income was $95 million , including acceleration expense recognized in connection with the L3Harris Merger, and $14 million for the quarters ended September 27, 2019 and September 28, 2018 , respectively. The aggregate number of shares of our common stock that we issued under the terms of L3Harris SIPs (including shares issued as merger consideration to settle pre-merger L3 share-based awards), net of shares withheld for tax purposes, was 2,837,153 and 403,953 for the quarters ended September 27, 2019 and September 28, 2018 , respectively. Awards granted to participants under L3Harris SIPs during the quarter ended September 27, 2019 consisted of 245,991 restricted stock units, 738,956 stock options and 55,020 performance stock units. The fair value as of the grant date of each stock option award was determined using the Black-Scholes-Merton option-pricing model and the following assumptions: expected dividend yield of 1.70 percent ; expected volatility of 22.18 percent ; risk-free interest rates averaging 1.68 percent ; and expected term of 5.65 years. The fair value as of the grant date of each restricted stock unit award and performance stock unit award was based on the closing price of our common stock on the grant date.

Restructuring and Other Exit Co

Restructuring and Other Exit Costs	3 Months Ended
	Sep. 27, 2019
Restructuring and Related Activities [Abstract]
Restructuring and Other Exit Costs	Note E — Restructuring and Other Exit Costs We record charges for restructuring and other exit activities related to sales or terminations of product lines, closures or relocations of business activities, changes in management structure and fundamental reorganizations that affect the nature and focus of operations. Such charges include termination benefits, contract termination costs and costs to consolidate facilities or relocate employees. We record these charges at their fair value when incurred. In cases where employees are required to render service until they are terminated in order to receive the termination benefits and will be retained beyond the minimum retention period, we record the expense ratably over the future service period. These charges are included as a component of the “Engineering, selling and administrative expenses” line item in our Condensed Consolidated Statement of Income (Unaudited). L3Harris Merger-Related Restructuring Costs During the quarter ended September 27, 2019 , we recorded $111 million of restructuring charges for workforce reductions (including severance and other employee-related exit costs) in connection with the L3Harris Merger. At September 27, 2019 , we had recorded liabilities of $74 million associated with these restructuring actions, of which substantially all will be paid in the next twelve months. At this time, we are unable to reasonably estimate the total amount of cost expected to be incurred in connection with L3Harris Merger-related restructuring activities because we are still formulating plans for facility consolidations. We will disclose the total amount of cost expected to be incurred in connection with L3Harris Merger-related activities in future filings once the amount can be reasonably estimated. Previous Restructuring and Other Exit Costs Prior to the L3Harris Merger, we had liabilities of $16 million for lease obligations associated with exited facilities with remaining terms of four years or less, of which $13 million remained outstanding at September 27, 2019 . The following table summarizes our restructuring and other exit activities during the quarter ended September 27, 2019 : Employee severance-related costs Facilities consolidation and other exit costs Total (In millions) Balance at June 28, 2019 $ — $ 16 $ 16 Additional provisions 111 — 111 Payments (37 ) (3 ) (40 ) Balance at September 27, 2019 $ 74 $ 13 $ 87

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss) ("AOCI")	3 Months Ended
	Sep. 27, 2019
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss) (AOCI)	Note F — Accumulated Other Comprehensive Income (Loss) (“AOCI”) The components of AOCI are summarized below: Foreign currency translation (1) Net unrealized (losses) gains on hedging derivatives (2) Unrecognized postretirement obligations (3) Total AOCI (In millions) Balance at June 28, 2019 $ (106 ) $ (38 ) $ (563 ) $ (707 ) Other comprehensive loss (25 ) (38 ) — (63 ) Amounts reclassified to earnings from AOCI — 1 13 14 Balance at September 27, 2019 $ (131 ) $ (75 ) $ (550 ) $ (756 ) Balance at June 29, 2018 $ (99 ) $ (20 ) $ (83 ) $ (202 ) Other comprehensive income (loss) — 1 (1 ) — Amounts reclassified to earnings from AOCI — — — — Balance at September 28, 2018 $ (99 ) $ (19 ) $ (84 ) $ (202 ) _______________ (1) Net of income taxes of $2 million at September 27, 2019 , June 28, 2019 , September 28, 2018 and June 29, 2018 . (2) Net of income taxes of $24 million , $13 million , $6 million and $7 million at September 27, 2019 , June 28, 2019 , September 28, 2018 and June 29, 2018 , respectively. (3) Net of income taxes of $183 million and $188 million at September 27, 2019 and June 28, 2019 , respectively, and net of income taxes of $30 million at September 28, 2018 and June 29, 2018 . Reclassifications from AOCI into earnings for the quarter ended September 27, 2019 are presented in the table below: Amounts reclassified from AOCI Affected line item in the Condensed Consolidated Statement of Income (Unaudited) (In millions) Loss on hedging instruments $ 1 Engineering, selling and administrative expenses $ 1 Income from continuing operations Postretirement benefit obligations $ 13 Gain on sale of business 4 Non-operating income (4 ) Income taxes $ 13 Income from continuing operations Total reclassifications for the period $ 14

Receivables

Receivables	3 Months Ended
	Sep. 27, 2019
Receivables [Abstract]
Receivables	Note G — Receivables Receivables are summarized below: September 27, 2019 June 28, 2019 (In millions) Accounts receivable $ 1,283 $ 459 Less allowances for collection losses (8 ) (2 ) $ 1,275 $ 457 We have a receivables sale agreement (“RSA”) with a third-party financial institution that permits us to sell, on a non-recourse basis, up to $100 million of outstanding receivables at any given time. From time to time, we have sold certain customer receivables under the RSA, which we continue to service and collect on behalf of the third-party financial institution and which we account for as sales of receivables with sale proceeds included in net cash from operating activities. Outstanding accounts receivable sold pursuant to the RSA were not material at September 27, 2019 and June 28, 2019

Contract Assets and Contract Li

Contract Assets and Contract Liabilities	3 Months Ended
	Sep. 27, 2019
Revenue from Contract with Customer [Abstract]
Contract Assets and Contract Liabilities	Note H — Contract Assets and Contract Liabilities Contract assets include unbilled amounts typically resulting from revenue recognized exceeding amounts billed to customers for contracts utilizing the percentage of completion (“POC”) cost-to-cost revenue recognition method. We bill customers as work progresses in accordance with agreed-upon contractual terms, either at periodic intervals, upon achievement of contractual milestones or upon deliveries and, in certain arrangements, the customer may withhold payment of a small portion of the contract price until contract completion. Contract liabilities include advance payments and billings in excess of revenue recognized, including deferred revenue associated with extended product warranties. Contract assets and liabilities are reported on a contract-by-contract basis at the end of each reporting period. The increase in contract assets and contract liabilities in the quarter ended September 27, 2019 was primarily due to contract assets and liabilities acquired in connection with the L3Harris Merger. Changes in contract assets and contract liabilities balances during the quarter ended September 27, 2019 were not materially impacted by any factors other than those described above. Contract assets and contract liabilities are summarized below: September 27, 2019 June 28, 2019 (In millions) Contract assets $ 2,625 $ 807 Contract liabilities, current (1,210 ) (496 ) Contract liabilities, non-current (1) (80 ) (42 ) Net contract assets $ 1,335 $ 269 _______________ (1) The non-current portion of contract liabilities is included as a component of the “Other long-term liabilities” line item in our Condensed Consolidated Balance Sheet (Unaudited). The components of contract assets are summarized below: September 27, 2019 June 28, 2019 (In millions) Unbilled contract receivables, gross $ 3,969 $ 916 Progress payments and advances (1,344 ) (109 ) $ 2,625 $ 807 Impairment losses related to our contract assets were not material during the quarter ended September 27, 2019 and September 28, 2018 . For the quarter ended September 27, 2019 , we recognized revenue of $0.6 billion related to contract liabilities that were outstanding at June 28, 2019 . For the quarter ended September 28, 2018 , we recognized revenue of $0.2 billion related to contract liabilities that were outstanding at June 29, 2018 . Note W — Backlog Backlog, which is the equivalent of our remaining performance obligations, represents the future revenue we expect to recognize as we perform on our current contracts. Backlog comprises both funded backlog (i.e., firm orders for which funding is authorized and appropriated) and unfunded backlog. Backlog excludes unexercised contract options and potential orders under ordering-type contracts, such as indefinite delivery, indefinite quantity contracts. At September 27, 2019 , our backlog was $20.3 billion . We expect to recognize approximately half of the revenue associated with this backlog within the next twelve months and the substantial majority of the revenue associated with this backlog within the next 3 years .

Inventories

Inventories	3 Months Ended
	Sep. 27, 2019
Inventory Disclosure [Abstract]
Inventories	Note I — Inventories Inventories are summarized below: September 27, 2019 June 28, 2019 (In millions) Finished products $ 273 $ 77 Work in process 430 90 Raw materials and supplies 636 193 $ 1,339 $ 360 Inventories at September 27, 2019 included engineering, selling and administrative costs of $39 million . Engineering, selling and administrative costs included in inventories at June 28, 2019 were not material. Inventories acquired in connection with the L3Harris Merger included $40 million of engineering, selling and administrative costs.

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
	Sep. 27, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Note J — Property, Plant and Equipment Property, plant and equipment are summarized below: September 27, 2019 June 28, 2019 (In millions) Land $ 71 $ 40 Software capitalized for internal use 326 187 Buildings 1,019 631 Machinery and equipment 2,120 1,429 3,536 2,287 Less accumulated depreciation and amortization (1,463 ) (1,393 ) $ 2,073 $ 894 Depreciation and amortization expense related to property, plant and equipment was $79 million and $35 million for the quarters ended September 27, 2019 and September 28, 2018 , respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Sep. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note K — Goodwill and Other Intangible Assets Goodwill. As discussed in Note X — Business Segment Information in these Notes, after the completion of the L3Harris Merger, we adjusted our segment reporting to reflect our new organizational structure effective for the quarter ended September 27, 2019. Because our accounting for the L3Harris Merger is still preliminary, we assigned goodwill acquired on a provisional basis. Immediately before and after our goodwill assignments, we completed an assessment of any potential goodwill impairment under our former and new segment reporting structure and determined that no impairment existed. The assignment of goodwill by business segment, and changes in the carrying amount of goodwill for the quarter ended September 27, 2019 , were as follows: Integrated Mission Systems Space and Airborne Systems Communication Systems Aviation Systems Total (In millions) Balance at June 28, 2019 $ 63 $ 3,707 $ 924 $ 646 $ 5,340 Goodwill acquired 6,297 1,320 2,475 5,331 15,423 Currency translation adjustments — (3 ) — (11 ) (14 ) Balance at September 27, 2019 $ 6,360 $ 5,024 $ 3,399 $ 5,966 $ 20,749 Identifiable Intangible Assets. The most significant identifiable intangible asset that is separately recognized for our business combinations is customer relationships. Our customer relationships are established through written customer contracts (revenue arrangements). The fair value for customer relationships is determined, as of the date of acquisition, based on estimates and judgments regarding expectations for the estimated future after-tax earnings and cash flows (including cash flows for working capital) arising from the follow-on sales expected from the customer relationships over their estimated lives, including the probability of expected future contract renewals and sales, less a contributory assets charge, all of which is discounted to present value. Our indefinite-lived intangible assets include in-process research and development (“IPR&D”). The table below presents information for our identifiable intangible assets that are subject to amortization and indefinite-lived intangible assets. September 27, 2019 June 28, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) Customer relationships $ 5,314 $ 518 $ 4,796 $ 1,203 $ 419 $ 784 Developed technologies 837 159 678 206 136 70 Trade names 204 30 174 42 26 16 Other 5 3 2 2 2 — Total intangible assets subject to amortization 6,360 710 5,650 1,453 583 870 IPR&D 63 — 63 — — — L3 trade name 1,803 — 1,803 — — — Total intangibles assets $ 8,226 $ 710 $ 7,516 $ 1,453 $ 583 $ 870 For the quarter ended September 27, 2019 , amortization expense related to intangible assets was $125 million and primarily related to the L3Harris Merger. For the quarter ended September 28, 2018 , amortization expense related to intangible assets was $29 million and primarily related to our acquisition of Exelis Inc. Future estimated amortization expense for intangible assets is as follows: (In millions) Year 1 $ 575 Year 2 586 Year 3 553 Year 4 522 Year 5 490 Thereafter 2,924 Total $ 5,650

Accrued Warranties

Accrued Warranties	3 Months Ended
	Sep. 27, 2019
Product Warranties Disclosures [Abstract]
Accrued Warranties	Note L — Accrued Warranties Our liability for standard product warranties is included as a component of the “Other accrued items” and “Other long-term liabilities” line items in our Condensed Consolidated Balance Sheet (Unaudited). Changes in our liability for standard product warranties during the quarter ended September 27, 2019 were as follows: (In millions) Balance at June 28, 2019 $ 25 Acquisitions during the period 83 Accruals for product warranties issued during the period 16 Settlements made during the period (14 ) Other, including foreign currency translation adjustments (1 ) Balance at September 27, 2019 $ 109

Debt

Debt	3 Months Ended
	Sep. 27, 2019
Debt Disclosure [Abstract]
Debt	Note M — Debt Long-term debt is summarized below: September 27, 2019 June 28, 2019 (In millions) Variable-rate debt: Floating rate notes, due April 30, 2020 $ 250 $ 250 Total variable-rate debt 250 250 Fixed-rate debt: 2.7% notes, due April 27, 2020 400 400 4.95% notes, due February 15, 2021 650 — 3.85% notes, due June 15, 2023 800 — 3.95% notes, due May 28, 2024 350 — 3.832% notes, due April 27, 2025 600 600 7.0% debentures, due January 15, 2026 100 100 3.85% notes, due December 15, 2026 550 — 6.35% debentures, due February 1, 2028 26 26 4.40% notes, due June 15, 2028 1,850 850 4.854% notes, due April 27, 2035 400 400 6.15% notes, due December 15, 2040 300 300 5.054% notes, due April 27, 2045 500 500 Other 50 17 Total fixed-rate debt 6,576 3,193 Total debt 6,826 3,443 Plus: unamortized bond premium 163 — Less: unamortized discounts and issuance costs (26 ) (24 ) Total debt, net 6,963 3,419 Less: current portion of long-term debt, net (656 ) (656 ) Total long-term debt, net $ 6,307 $ 2,763 The potential maturities of long-term debt, including the current portion, for the five years following the quarter ended September 27, 2019 and, in total, thereafter are: $656 million in the next twelve months, $656 million in year two; $6 million in year three; $806 million in year four; $355 million in year five; and $4,347 million thereafter. As part of our purchase accounting for the L3Harris Merger, the L3 Notes (defined below) were recorded at fair value ( $3.52 billion on a combined basis, representing a premium of $171 million ). This premium will be amortized to interest expense over the lives of the related New L3Harris Notes (defined below) and such amortization is reflected as a reduction of interest expense in our Condensed Consolidated Statement of Income (Unaudited). For additional information on our long-term debt, see Note 13: “Debt” in the Notes to Consolidated Financial Statements in our Fiscal 2019 Form 10-K. Debt Exchange. In connection with the L3Harris Merger, on July 2, 2019 we settled our previously announced debt exchange offers in which eligible holders of L3 senior notes (“L3 Notes”) could exchange such outstanding notes for (1) up to $3.35 billion aggregate principal amount of new notes issued by L3Harris (“New L3Harris Notes”) and (2) one dollar in cash for each $1,000 of principal amount. Each series of the New L3Harris Notes issued has an interest rate and maturity date that is identical to the L3 Notes. Aggregate Principal Amount of L3 Notes (prior to debt exchange) Aggregate Principal Amount of New L3Harris Notes Issued Aggregate Principal Amount of Remaining L3 Notes (In millions) 4.95% notes due February 15, 2021 (“4.95% 2021 Notes”) $ 650 $ 501 $ 149 3.85% notes due June 15, 2023 (“3.85% 2023 Notes”) 800 741 59 3.95% notes due May 28, 2024 (“3.95% 2024 Notes”) 350 326 24 3.85% notes due December 15, 2026 (“3.85% 2026 Notes”) 550 535 15 4.40% notes due June 15, 2028 (“4.40% 2028 Notes”) 1,000 918 82 Total $ 3,350 $ 3,021 $ 329 Interest on the New L3Harris Notes is payable semi-annually in arrears on February 15 and August 15, commencing on August 15, 2019, in the case of the 4.95% 2021 Notes; on June 15 and December 15, commencing on December 15, 2019, in the case of the 3.85% 2023 Notes, 3.85% 2026 Notes and 4.40% 2028 Notes; and on May 28 and November 28, commencing on November 28, 2019, in the case of the 3.95% 2024 Notes. The New L3Harris Notes are unsecured senior obligations and rank equally in right of payment with all other L3Harris senior unsecured debt. The New L3Harris Notes are redeemable in whole or in part at any time or in part from time to time, at our option, until three months prior to the maturity date, in the case of the 4.95% 2021 Notes, 3.95% 2024 Notes, 3.85% 2026 Notes and 4.40% 2028 Notes, and until one month prior to the maturity date, in the case of the 3.85% 2023 Notes, at a redemption price equal to the greater of 100 percent of the principal amount of the notes to be redeemed or the sum of the present values of the principal amount and the remaining scheduled payments of interest on the notes to be redeemed, discounted from the scheduled payment dates to the date of redemption at the “treasury rate” as defined in the note, plus 20 basis points, in the case of the 3.85% 2023 Notes and 3.95% 2024 Notes, or 25 basis points, in the case of the 4.95% 2021 Notes, 3.85% 2026 Notes and 4.40% 2028 Notes, plus, in each case, accrued and unpaid interest due at the date of redemption. In connection with the issuance of the New L3Harris Notes, we entered into a registration rights agreement, dated July 2, 2019, with BofA Securities, Inc. and Morgan Stanley & Co. LLC, pursuant to which we agreed to use commercially reasonable efforts to complete one or more registered exchange offers for the New L3Harris Notes within 365 days after July 2, 2019. If a registered exchange offer is not consummated within the alloted time, we are required to pay special additional interest, in an amount equal to 0.25% per annum of the principal amount of the New L3Harris Notes, for the first 90 days following the day of default. Thereafter, the amount of special additional interest increases another 0.25% per year, up to a maximum of 0.50% per year, until the default is cured. Following the settlement of the exchange offers, there was approximately $329 million of existing L3 Senior Notes outstanding, which remain the senior unsecured obligations of L3.

Postretirement Benefit Plans

Postretirement Benefit Plans	3 Months Ended
	Sep. 27, 2019
Retirement Benefits [Abstract]
Postretirement Benefit Plans	Note N — Postretirement Benefit Plans The following tables provide the components of our net periodic benefit income for our defined benefit plans, including defined benefit pension plans and other postretirement defined benefit plans: Quarter Ended September 27, 2019 Pension Other Benefits (In millions) Net periodic benefit income Service cost $ 21 $ 1 Interest cost 76 2 Expected return on plan assets (157 ) (5 ) Amortization of net actuarial gain — (1 ) Net periodic benefit income (60 ) (3 ) Effect of curtailments or settlements (1) 5 — Total net periodic benefit income $ (55 ) $ (3 ) _______________ (1) During the quarter ended September 27, 2019 , we recognized a $5 million settlement loss resulting from the full payout of the liabilities of a non-qualified benefit plan due to the change in control provisions. Quarter Ended September 27, 2018 Pension Other Benefits (In millions) Net periodic benefit income Service cost $ 9 $ — Interest cost 52 2 Expected return on plan assets (95 ) (4 ) Amortization of net actuarial gain — (2 ) Total net periodic benefit income $ (34 ) $ (4 ) The service cost component of net periodic benefit income is included in the “Cost of product sales and services” and “Engineering, selling and administrative expenses” line items in our Condensed Consolidated Statement of Income (Unaudited). The non-service cost components of net periodic benefit income are included in the “Non-operating income” line item in our Condensed Consolidated Statement of Income (Unaudited). We contributed $327 million to our qualified defined benefit pension plans during the quarter ended September 27, 2019 , including a $302 million voluntary contribution to our U.S. qualified defined benefit pension plans. We currently anticipate making no contributions to our U.S. qualified defined benefit pension plans and only minor contributions to our non-U.S. pension plans during the remainder of the Fiscal Transition Period. See Note B — Business Combination in these Notes for information regarding postretirement benefit plan liabilities assumed in connection with the L3Harris Merger.

Income From Continuing Operatio

Income From Continuing Operations Per Share	3 Months Ended
	Sep. 27, 2019
Earnings Per Share [Abstract]
Income From Continuing Operations Per Share	Note O — Income From Continuing Operations Per Share The computations of income from continuing operations per common share are as follows (in this Note O , “Income from continuing operations” refers to income from continuing operations attributable to L3Harris common shareholders): Quarter Ended September 27, 2019 September 28, 2018 (In millions, except per share amounts) Income from continuing operations $ 429 $ 216 Adjustments for participating securities outstanding — (1 ) Income from continuing operations used in per basic and diluted common share calculations (A) $ 429 $ 215 Basic weighted average common shares outstanding (B) 222.6 117.9 Impact of dilutive share-based awards 2.8 2.7 Diluted weighted average common shares outstanding (C) 225.4 120.6 Income from continuing operations per basic common share (A)/(B) $ 1.93 $ 1.82 Income from continuing operations per diluted common share (A)/(C) $ 1.90 $ 1.78 Potential dilutive common shares primarily consist of employee stock options and restricted and performance unit awards. Income from continuing operations per diluted common share excludes the anti-dilutive impact of 470,983 and 160,167 weighted average share-based awards outstanding for the quarters ended September 27, 2019 and September 28, 2018 , respectively.

Research and Development

Research and Development	3 Months Ended
	Sep. 27, 2019
Research and Development [Abstract]
Research and Development	Note P — Research and Development Company-sponsored research and development costs are expensed as incurred. These costs were $149 million and $72 million for the quarters ended September 27, 2019 and September 28, 2018 , respectively, and are included in the “Engineering, selling and administrative expenses” line item in our Condensed Consolidated Statement of Income (Unaudited). Customer-sponsored research and development costs are incurred pursuant to contractual arrangements, principally U.S. Government-sponsored contracts requiring us to provide a product or service meeting certain defined performance or other specifications (such as designs), and are accounted for principally by the POC cost-to-cost revenue recognition method. Customer-sponsored research and development is included in our revenue and cost of product sales and services.

Leases Leases

Leases Leases	3 Months Ended
	Sep. 27, 2019
Leases [Abstract]
Leases	Note Q — Leases As discussed in Note A — Significant Accounting Policies and Recent Accounting Standards in these Notes, effective June 29, 2019 , we adopted ASC 842. Our operating and finance leases at September 27, 2019 were for real estate such as office space, warehouses, manufacturing, research and development facilities, tower space and land, and for equipment. Finance leases were not material at September 27, 2019 and are therefore not included in the disclosures below. Operating lease cost was $45 million and other lease expenses, including short-term and equipment lease cost, variable lease cost and sublease income, were not material for the quarter ended September 27, 2019 . Supplemental operating lease balance sheet information at September 27, 2019 is presented in the table below: (In millions) Operating lease right-of-use assets $ 934 Other accrued items $ 129 Operating lease liabilities 831 Total operating lease liabilities $ 960 The table below presents other supplemental lease information for the quarter ended September 27, 2019 : (In millions, except lease term and discount rate) Cash paid for amounts included in the measurement of operating lease liabilities $ 43 Right-of-use assets obtained in exchange for new operating lease liabilities $ 14 Weighted average remaining lease term — operating leases (in years) 9.4 Weighted average discount rate — operating leases 3.3 % The table below presents future lease payments under non-cancelable operating leases as of September 27, 2019 : (In millions) Quarter ended January 3, 2020 $ 49 Year 1 162 Year 2 135 Year 3 124 Year 4 104 Thereafter 548 Total future lease payments required 1,122 Less: imputed interest 162 Total $ 960 As of September 27, 2019 , we had $279 million of additional operating lease commitments for real estate facilities that have not yet commenced. These leases will commence in 2019 or 2020 with lease terms of 5 to 25 years. As discussed in Note A — Significant Accounting Policies and Recent Accounting Standards in these Notes, we adopted ASC 842 using the optional transition method presenting prior period amounts and disclosures under ASC 840. The following represented future minimum lease payments for operating leases under ASC 840 at June 28, 2019 : (In millions) Year 1 $ 68 Year 2 62 Year 3 47 Year 4 40 Year 5 32 Thereafter 64 Total minimum lease payments required $ 313 Rent expense was $73 million for the fiscal year ended June 28, 2019 .

Non-Operating Income

Non-Operating Income	3 Months Ended
	Sep. 27, 2019
Nonoperating Income (Expense) [Abstract]
Non-Operating Income	Note R — Non-Operating Income The components of non-operating income were as follows: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Pension adjustment (1) $ 80 $ 47 Other (1 ) — $ 79 $ 47 _______________ (1) Pension adjustment recorded as "Non-operating income" in our Consolidated Consolidated Statement of Income (Unaudited) represents the non-service component of net periodic pension and postretirement benefit costs, which includes interest cost, expected return on plan assets, amortization of net actuarial gain and effect of curtailments or settlements.

Income Taxes

Income Taxes	3 Months Ended
	Sep. 27, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note S — Income Taxes Effective Tax Rate Our effective tax rate (income taxes as a percentage of income from continuing operations before income taxes) was 1.1 percent in the quarter ended September 27, 2019 compared with 16.0 percent in the quarter ended September 28, 2018 . In the quarter ended September 27, 2019 , our effective tax rate benefited from the favorable impact of excess tax benefits related to equity-based compensation, from the ability to utilize capital loss carryforwards with a full valuation allowance against capital gains generated from the Harris Night Vision business divestiture, and from the release of uncertain tax positions due to statute of limitations expirations. In the quarter ended September 28, 2018 , our effective tax rate benefited from the tax rate reduction under the Tax Cuts and Jobs Act (the “Tax Act”), from the favorable impact of excess tax benefits related to equity-based compensation, and from several differences in GAAP and tax accounting related to investments. Tax Uncertainties A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the quarter ended September 27, 2019 is as follows: September 27, 2019 (In millions) Balance at beginning of period $ 204 Additions based on tax positions taken during the period 12 Additions based on tax positions taken during prior periods 11 Additions for tax positions related to acquired entities 169 Decreases based on tax positions taken during prior periods — Decreases from lapse in statutes of limitations (12 ) Balance at end of period $ 384 As of September 27, 2019 , we had $384 million of unrecognized tax benefits, of which $324 million would favorably impact our future tax rates in the event that the tax benefits are eventually recognized. We recognize accrued interest and penalties related to unrecognized tax benefits as part of our income tax expense. We had accrued $29 million for the potential payment of interest and penalties as of September 27, 2019 (and this amount was not included in the $384 million of unrecognized tax benefits balance at September 27, 2019 shown above) and $29 million of this total could favorably impact future tax rates.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Sep. 27, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note T — Fair Value Measurements Fair value is defined as the price that would be received for an asset or the price that would be paid to transfer a liability in the principal market or most advantageous market in an orderly transaction between market participants at the measurement date. Entities are required to maximize the use of observable inputs and minimize the use of unobservable inputs in measuring fair value, and to utilize a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. The three levels of inputs used to measure fair value are as follows: • Level 1 — Quoted prices in active markets for identical assets or liabilities. • Level 2 — Observable inputs other than quoted prices included within Level 1, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs other than quoted prices that are observable or are derived principally from, or corroborated by, observable market data by correlation or other means. • Level 3 — Unobservable inputs that are supported by little or no market activity, are significant to the fair value of the assets or liabilities, and reflect our own assumptions about the assumptions market participants would use in pricing the asset or liability developed using the best information available in the circumstances. In certain instances, fair value is estimated using quoted market prices obtained from external pricing services. In obtaining such data from the external pricing services, we have evaluated the methodologies used to develop the estimate of fair value in order to assess whether such valuations are representative of fair value, including net asset value (“NAV”). Additionally, in certain circumstances, the NAV reported by an asset manager may be adjusted when sufficient evidence indicates NAV is not representative of fair value. The following table presents assets and liabilities measured at fair value on a recurring basis (at least annually) at September 27, 2019 and June 28, 2019 : September 27, 2019 June 28, 2019 Total Level 1 Level 2 Total Level 1 Level 2 (In millions) Assets Deferred compensation plan assets: (1) Equity and fixed income securities $ — $ — $ — $ 38 $ 38 $ — Investments measured at NAV: Equity and fixed income funds 26 61 Corporate-owned life insurance 28 28 Total investments measured at NAV 54 89 Total fair value of deferred compensation plan assets $ 54 $ — $ — $ 127 $ 38 $ — Derivatives (foreign currency forward contracts) 4 — 4 — — — Total assets measured at fair value $ 58 $ — $ 4 $ 127 $ 38 $ — Liabilities Deferred compensation plan liabilities: (2) Equity securities and mutual funds $ 3 $ 3 $ — $ 25 $ 25 $ — Investments measured at NAV: Common/collective trusts and guaranteed investment contracts 56 132 Total fair value of deferred compensation plan liabilities $ 59 $ 3 $ — $ 157 $ 25 $ — Derivatives (foreign currency forward contracts) 12 — 12 — — — Derivatives (treasury lock contracts) 107 — 107 26 — 26 Total liabilities measured at fair value $ 178 $ 3 $ 119 $ 183 $ 25 $ 26 _______________ (1) Represents diversified assets held in a “rabbi trust” associated with our non-qualified deferred compensation plans, which we include in the “Other current assets” and “Other non-current assets” line items in our Condensed Consolidated Balance Sheet (Unaudited) and which are measured at fair value. (2) Primarily represents obligations to pay benefits under certain non-qualified deferred compensation plans, which we include in the “Compensation and benefits” and “Other long-term liabilities” line items in our Condensed Consolidated Balance Sheet (Unaudited). Under these plans, participants designate investment options (including stock and fixed-income funds), which serve as the basis for measurement of the notional value of their accounts. The following table presents the carrying amounts and estimated fair values of our significant financial instruments that were not measured at fair value (carrying amounts of other financial instruments not listed in the table below approximate fair value due to the short-term nature of those items): September 27, 2019 June 28, 2019 Carrying Amount Fair Value Carrying Amount Fair Value (In millions) Long-term debt (including current portion) (1) $ 6,963 $ 7,536 $ 3,419 $ 3,802 _______________ (1) Fair value was estimated using a market approach based on quoted market prices for our debt traded in the secondary market. If our long-term debt in our balance sheet were measured at fair value, it would be categorized in Level 2 of the fair value hierarchy.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Sep. 27, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Note U — Derivative Instruments and Hedging Activities In the normal course of business, we are exposed to global market risks, including the effect of changes in foreign currency exchange rates and changes in interest rates. We use derivative instruments to manage our exposure to such risks and formally document all relationships between hedging instruments and hedged items, as well as the risk-management objective and strategy for undertaking hedge transactions. We also may enter into derivative instruments that are not designated as hedges and do not qualify for hedge accounting. We recognize all derivatives in our Condensed Consolidated Balance Sheet (Unaudited) at fair value. We do not hold or issue derivatives for speculative trading purposes. Exchange-Rate Risk — Fair Value Hedges To manage the exposure in our balance sheet to risks from changes in foreign currency exchange rates, we implement fair value hedges. More specifically, we have used foreign currency forward contracts and options to hedge certain balance sheet items, including foreign currency denominated accounts receivable and inventory. Changes in the value of the derivatives and the related hedged items are reflected in earnings, in the “Cost of product sales and services” line item in our Condensed Consolidated Statement of Income (Unaudited). As of September 27, 2019 , we had no outstanding foreign currency forward contracts to hedge balance sheet items. The net gain or losses on foreign currency forward contracts designated as fair value hedges were not material for the quarter ended September 27, 2019 or for the quarter ended September 28, 2018 . In addition, no amounts were recognized in earnings for the quarter ended September 27, 2019 or for the quarter ended September 28, 2018 related to hedged firm commitments that no longer qualify as fair value hedges. Exchange-Rate Risk — Cash Flow Hedges To manage our exposure to currency risk and market fluctuation risk associated with anticipated cash flows that are probable of occurring in the future, we implement cash flow hedges. More specifically, we use foreign currency forward contracts and options to hedge off-balance sheet future foreign currency commitments, including purchase commitments to suppliers, future committed sales to customers and intersegment transactions. These derivatives are used to hedge currency exposures from cash flows anticipated across our business segments. We also hedge U.S. Dollar payments to suppliers to maintain our anticipated profit margins in our international operations. These derivatives have only nominal intrinsic value at the time of purchase and have a high degree of correlation to the anticipated cash flows they are designated to hedge. Hedge effectiveness is determined by the correlation of the anticipated cash flows from the hedging instruments and the anticipated cash flows from the future foreign currency commitments through the maturity dates of the derivatives used to hedge these cash flows. These financial instruments are marked-to-market using forward prices and fair value quotes with the offset to other comprehensive income. Gains and losses in accumulated other comprehensive income are reclassified to earnings when the related hedged item is recognized in earnings. The cash flow impact of our derivatives is included in the same category in our Condensed Consolidated Statement of Cash Flows (Unaudited) as the cash flows of the related hedged items. Notional amounts are used to measure the volume of foreign currency forward contracts and do not represent exposure to foreign currency losses. At September 27, 2019 , we had open foreign currency forward contracts with an aggregate notional amount of $401 million to hedge certain forecasted transactions in the Euro, British Pounds, Australian Dollars, Canadian Dollars, New Zealand Dollars and United Arab Emirates Dirhams. At September 27, 2019 , our foreign currency forward contracts had maturities through 2023. The table below presents the fair values of our derivatives designated as foreign currency hedging instruments in our Condensed Consolidated Balance Sheet (Unaudited) as of September 27, 2019 . As of June 28, 2019 , we had no outstanding foreign currency forward contracts. September 27, 2019 Other Current Assets Other Non-Current Assets Other Accrued Items Other Long-Term Liabilities (In millions) Derivatives designated as hedging instruments: Foreign currency forward contracts (1) $ 3 $ 1 $ 6 $ 6 _______________ (1) See Note T — Fair Value Measurements in these Notes for a description of the fair value hierarchy related to our foreign currency forward contracts. For the quarter ended September 27, 2019 , the net unrealized gain or loss recognized in other comprehensive income from foreign currency derivatives designated as cash flow hedges was a net loss of $4 million before income taxes. For the quarter ended September 28, 2018 , the net unrealized gain or loss recognized in other comprehensive income from foreign currency derivatives designated as cash flow hedges was not material. For the quarter ended September 27, 2019 , we reclassified a $1 million pre-tax loss from “Accumulated other comprehensive income” into earnings from foreign currency derivatives designated as cash flow hedges upon discontinuance of cash flow hedge accounting as a result of forecasted transactions determined to be probable of not occurring. For the quarter ended September 28, 2018 , the net gain or loss reclassified from “Accumulated other comprehensive income” into earnings from foreign currency derivatives designated as cash flow hedges was not material. These gains and losses are included in the “Engineering, selling and administrative expenses” line item in our Condensed Consolidated Statement of Income (Unaudited). At September 27, 2019 , the estimated amount of existing losses to be reclassified into earnings within the next 12 months was $3 million before income taxes. Interest-Rate Risk — Cash Flow Hedges At September 27, 2019 , we had three open treasury lock agreements with third-party financial institution counterparties (“treasury locks”) with a total notional amount of $1.05 billion that were classified as cash flow hedges, including two open treasury lock agreements with a combined notional amount of $650 million that were assumed in connection with the L3Harris Merger (“L3 treasury locks”). These treasury locks were initiated in January 2019 to hedge against fluctuations in interest payments due to changes in the benchmark interest rate (10-year U.S. Treasury rate) associated with the anticipated issuance of long-term fixed-rate notes (“New Notes”) to redeem or repay at maturity the entire $400 million outstanding principal amount of our 2.7% Notes due April 27, 2020 (“2020 Notes”) and the entire $650 million outstanding principal amount of our 4.95% Notes due February 15, 2021 (“2021 Notes”). We designated these treasury locks as cash flow hedges against fluctuations in interest payments on the New Notes due to changes in the benchmark interest rate prior to issuance, which we expect to occur before the date of maturity of the 2020 Notes and 2021 Notes. If the benchmark interest rate increases during the period of the agreement, the treasury locks position will become an asset and we will receive a cash payment from the counterparty when we terminate the treasury locks upon issuance of the New Notes. Conversely, if the benchmark interest rate decreases, the treasury locks position will become a liability and we will make a cash payment to the counterparty when we terminate the treasury locks upon issuance of the New Notes. The fair value of the treasury locks is measured using a pricing model that utilizes observable market data such as the benchmark interest rate. See Note T — Fair Value Measurements in these Notes for additional information. At September 27, 2019 , the aggregate fair value of these treasury locks was a liability of $107 million , which was recorded in the “Other accrued items” and “Other long-term liabilities” line items in our Condensed Consolidated Balance Sheet (Unaudited). The unrealized after-tax loss associated with these treasury locks included in the “Accumulated other comprehensive loss” line item in our Condensed Consolidated Balance Sheet (Unaudited) was $54 million and $20 million at September 29, 2019 and June 28, 2019, respectively. We recognized a $35 million liability for the L3 treasury locks as part of our purchase accounting for the L3Harris Merger. The net gains or losses from cash flow hedges recognized in earnings or recorded in other comprehensive income were not material for the quarters ended September 27, 2019 and September 28, 2018.

Changes in Estimates

Changes in Estimates	3 Months Ended
	Sep. 27, 2019
Change in Accounting Estimate [Abstract]
Changes in Estimates	Note V — Changes in Estimates Contract Estimates Under the POC cost-to-cost method of revenue recognition, a single estimated profit margin is used to recognize profit for each performance obligation over its period of performance. Recognition of profit on a contract requires estimates of the total cost at completion and transaction price and the measurement of progress towards completion. Due to the long-term nature of many of our contracts, developing the estimated total cost at completion and total transaction price often requires judgment. Factors that must be considered in estimating the cost of the work to be completed include the nature and complexity of the work to be performed, subcontractor performance and the risk and impact of delayed performance. Factors that must be considered in estimating the total transaction price include contractual cost or performance incentives (such as incentive fees, award fees and penalties) and other forms of variable consideration as well as our historical experience and expectation for performance on the contract. At the outset of each contract, we gauge the complexity and perceived risks and establish an estimated total cost at completion in line with these expectations. After establishing the estimated total cost at completion, we follow a standard Estimate at Completion (“EAC”) process in which we review the progress and performance on our ongoing contracts at least quarterly and, in many cases, more frequently. If we successfully retire risks associated with the technical, schedule and cost aspects of a contract, we may lower our estimated total cost at completion commensurate with the retirement of these risks. Conversely, if we are not successful in retiring these risks, we may increase our estimated total cost at completion. Additionally, as the contract progresses, our estimates of total transaction price may increase or decrease if, for example, we receive award fees that are higher or lower than expected. When adjustments in estimated total costs at completion or in estimated total transaction price are determined, the related impact on operating income is recognized using the cumulative catch-up method, which recognizes in the current period the cumulative effect of such adjustments for all prior periods. Any anticipated losses on these contracts are fully recognized in the period in which the losses become evident. Net EAC adjustments resulting from changes in estimates increased our operating income by $62 million ( $46 million after-tax or $.20 per diluted share) and decreased our operating income by $3 million ( $2 million after-tax or $.02 per diluted share) for the quarters ended September 27, 2019 and September 28, 2018 , respectively. Revenue recognized from performance obligations satisfied in prior periods was $73 million and $7 million for the quarters ended September 27, 2019 and September 28, 2018 , respectively.

Backlog

Backlog	3 Months Ended
	Sep. 27, 2019
Revenue from Contract with Customer [Abstract]
Backlog	Note H — Contract Assets and Contract Liabilities Contract assets include unbilled amounts typically resulting from revenue recognized exceeding amounts billed to customers for contracts utilizing the percentage of completion (“POC”) cost-to-cost revenue recognition method. We bill customers as work progresses in accordance with agreed-upon contractual terms, either at periodic intervals, upon achievement of contractual milestones or upon deliveries and, in certain arrangements, the customer may withhold payment of a small portion of the contract price until contract completion. Contract liabilities include advance payments and billings in excess of revenue recognized, including deferred revenue associated with extended product warranties. Contract assets and liabilities are reported on a contract-by-contract basis at the end of each reporting period. The increase in contract assets and contract liabilities in the quarter ended September 27, 2019 was primarily due to contract assets and liabilities acquired in connection with the L3Harris Merger. Changes in contract assets and contract liabilities balances during the quarter ended September 27, 2019 were not materially impacted by any factors other than those described above. Contract assets and contract liabilities are summarized below: September 27, 2019 June 28, 2019 (In millions) Contract assets $ 2,625 $ 807 Contract liabilities, current (1,210 ) (496 ) Contract liabilities, non-current (1) (80 ) (42 ) Net contract assets $ 1,335 $ 269 _______________ (1) The non-current portion of contract liabilities is included as a component of the “Other long-term liabilities” line item in our Condensed Consolidated Balance Sheet (Unaudited). The components of contract assets are summarized below: September 27, 2019 June 28, 2019 (In millions) Unbilled contract receivables, gross $ 3,969 $ 916 Progress payments and advances (1,344 ) (109 ) $ 2,625 $ 807 Impairment losses related to our contract assets were not material during the quarter ended September 27, 2019 and September 28, 2018 . For the quarter ended September 27, 2019 , we recognized revenue of $0.6 billion related to contract liabilities that were outstanding at June 28, 2019 . For the quarter ended September 28, 2018 , we recognized revenue of $0.2 billion related to contract liabilities that were outstanding at June 29, 2018 . Note W — Backlog Backlog, which is the equivalent of our remaining performance obligations, represents the future revenue we expect to recognize as we perform on our current contracts. Backlog comprises both funded backlog (i.e., firm orders for which funding is authorized and appropriated) and unfunded backlog. Backlog excludes unexercised contract options and potential orders under ordering-type contracts, such as indefinite delivery, indefinite quantity contracts. At September 27, 2019 , our backlog was $20.3 billion . We expect to recognize approximately half of the revenue associated with this backlog within the next twelve months and the substantial majority of the revenue associated with this backlog within the next 3 years .

Business Segment Information

Business Segment Information	3 Months Ended
	Sep. 27, 2019
Segment Reporting [Abstract]
Business Segment Information	Note X — Business Segment Information During the quarter ended September 27, 2019 , we adjusted our segment reporting to reflect our new organizational structure announced July 1, 2019. We structure our operations primarily around the products and services we sell and the markets we serve, and commencing with the the quarter ended September 27, 2019 , we report the financial results of our operations in the following four operating segments, which are also our reportable segments and are referred to as our business segments: • Integrated Mission Systems, including ISR; advanced electro-optical and infrared solutions; and maritime power and navigation; • Space and Airborne Systems, including space payloads, sensors and full-mission solutions; classified intelligence and cyber defense; avionics; and electronic warfare; • Communication Systems, including tactical communications; broadband communications; night vision; and public safety; and • Aviation Systems, including defense aviation products; security, detection and other commercial aviation products; air traffic management; and commercial and military pilot training. The historical results, discussion and presentation of our business segments as set forth in this Report reflect the impact of these adjustments for all periods presented. There is no impact on our previously reported consolidated statements of income, balance sheets, statements of cash flows or statements of equity resulting from these adjustments. The accounting policies of our business segments are the same as those described in Note 1: “Significant Accounting Policies” in our Notes to Consolidated Financial Statements in our Fiscal 2019 Form 10-K. We evaluate each segment’s performance based on its operating income or loss, which we define as profit or loss from operations before income taxes, including pension income and excluding interest income and expense, royalties and related intellectual property expenses, equity method investment income or loss and gains or losses from securities and other investments. Intersegment sales are generally transferred at cost to the buying segment, and the sourcing segment may recognize a profit that is eliminated. The “Corporate eliminations” line item in the table below represents the elimination of intersegment sales. Corporate expenses are allocated to our operating segments using an allocation methodology prescribed by U.S. Government regulations for government contractors. The “Pension adjustment” line item in the table below represents the reconciliation of the non-service components of net periodic pension and postretirement benefit costs, which are a component of segment operating income but are included in the “Non-operating income” line item in our Condensed Consolidated Statement of Income (Unaudited). The non-service components of net periodic pension and postretirement benefit costs include interest cost, expected return on plan assets and amortization of net actuarial gain or loss. Segment revenue, segment operating income and a reconciliation of segment operating income to total income from continuing operations before income taxes are as follows: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue Integrated Mission Systems $ 1,303 $ 12 Space and Airborne Systems 1,162 840 Communication Systems 1,032 480 Aviation Systems 948 172 Other non-reportable business segments (1) 23 39 Corporate eliminations (37 ) (1 ) $ 4,431 $ 1,542 Income From Continuing Operations Before Income Taxes Segment Operating Income: Integrated Mission Systems $ 180 $ 2 Space and Airborne Systems 226 156 Communication Systems 234 137 Aviation Systems 127 24 Other business activities and non-reportable business segments (2) (93 ) 6 Merger, acquisition and divestiture-related expenses and losses (281 ) — Amortization of acquisition-related intangibles (3) (123 ) (25 ) Gain on sale of business 229 — Pension adjustment (80 ) (47 ) Non-operating income 79 47 Net interest expense (58 ) (43 ) $ 440 $ 257 _______________ (1) Includes Harris Night Vision business revenues prior to the date of divestiture on September 13, 2019 . See Note C — Business Divestitures and Asset Sales in these Notes for more information. (2) Includes $92 million of additional cost of sales related to the fair value step-up in inventory sold (see Note C — Business Divestitures and Asset Sales and Note B — Business Combination in these Notes for more information), a $12 million gain on the sale of an asset group and a $12 million non-cash cumulative adjustment to lease expense for the quarter ended September 27, 2019. (3) Includes $25 million of amortization of identifiable intangible assets acquired as a result of our acquisition of Exelis Inc. for the quarters ended September 27, 2019 and September 28, 2018 and $98 million of amortization of identifiable intangible assets acquired as a result of the L3Harris Merger. for the quarter ended September 27, 2019 . Because the acquisition of Exelis Inc. and the L3Harris Merger benefited the entire Company as opposed to any individual segment, the amortization of identifiable intangible assets acquired was not allocated to any segment. Disaggregation of Revenue Integrated Mission Systems: Integrated Mission Systems revenue is primarily derived from U.S. Government development and production contracts and is generally recognized over time using the POC cost-to-cost revenue recognition method. We disaggregate Integrated Mission Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Integrated Mission Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship Prime contractor $ 890 $ 6 Subcontractor 413 6 $ 1,303 $ 12 Revenue By Contract Type Fixed-price (1) $ 1,021 $ 12 Cost-reimbursable 282 — $ 1,303 $ 12 Revenue By Geographical Region United States $ 1,074 $ 9 International 229 3 $ 1,303 $ 12 _______________ (1) Includes revenue derived from time-and-materials contracts. Space and Airborne Systems: Space and Airborne Systems revenue is primarily derived from U.S. Government development and production contracts and is generally recognized over time using the POC cost-to-cost revenue recognition method. We disaggregate Space and Airborne Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Space and Airborne Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship Prime contractor $ 697 $ 510 Subcontractor 465 330 $ 1,162 $ 840 Revenue By Contract Type Fixed-price (1) $ 691 $ 473 Cost-reimbursable 471 367 $ 1,162 $ 840 Revenue By Geographical Region United States $ 1,015 $ 714 International 147 126 $ 1,162 $ 840 _______________ (1) Includes revenue derived from time-and-materials contracts. Communication Systems: Communication Systems revenue is primarily derived from fixed-price contracts and is generally recognized at the point in time when products are received and accepted by the customer for standard products offered to multiple customers and over time for customer-specific products, systems and services. We disaggregate Communication Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Communication Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship (1) Prime contractor $ 679 Subcontractor 353 $ 1,032 Revenue By Contract Type (1) Fixed-price (2) $ 875 Cost-reimbursable 157 $ 1,032 Revenue by Geographical Region United States $ 721 $ 221 International 311 259 $ 1,032 $ 480 ______________ (1) Prior to the L3Harris Merger, Communication Systems did not recognize significant revenue for customer-specific products and systems, and currently, such customer arrangements primarily exist at operating businesses acquired in connection with the L3Harris Merger. The “Revenue by Customer Relationship” and “Revenue by Contract Type” disaggregation categories were added beginning in the quarter ended September 27, 2019 to best depict how the nature, amount, timing and uncertainty of revenue and cash flows from these types of customer arrangements are affected by economic factors. (2) Includes revenue derived from time-and-materials contracts. Aviation Systems: Aviation Systems revenue is primarily derived from fixed-price contracts and is generally recognized at the point in time when products are received and accepted by the customer for standard products offered to multiple customers and over time for customer-specific products, systems and services. We disaggregate Aviation Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Aviation Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship Prime contractor $ 584 $ 168 Subcontractor 364 4 $ 948 $ 172 Revenue By Contract Type Fixed-price (1) $ 784 $ 152 Cost-reimbursable 164 20 $ 948 $ 172 Revenue By Geographical Region United States $ 724 $ 162 International 224 10 $ 948 $ 172 ______________ (1) Includes revenue derived from time-and-materials contracts. Total assets by business segment are summarized below: September 27, 2019 June 28, 2019 (In millions) Total Assets Integrated Mission Systems $ 8,666 $ 87 Space and Airborne Systems 6,767 5,027 Communication Systems 5,145 1,683 Aviation Systems 8,723 1,036 Corporate (1) 9,646 2,284 $ 38,947 $ 10,117 _______________ (1) Identifiable intangible assets acquired in connection with our acquisition of Exelis Inc. in fiscal 2015 and the L3Harris Merger in the quarter ended September 27, 2019 were recorded as Corporate assets because they benefited the entire Company as opposed to any individual segment. Identifiable intangible asset balances recorded as Corporate assets were approximately $7.5 billion and $869 million at September 27, 2019 and June 28, 2019 , respectively. Corporate assets also consisted of cash, income taxes receivable, deferred income taxes, deferred compensation plan investments, buildings and equipment, as well as any assets and liabilities from discontinued operations and divestitures. See Note C — Business Divestitures and Asset Sales in these Notes for additional information.

Legal Proceedings and Contingen

Legal Proceedings and Contingencies	3 Months Ended
	Sep. 27, 2019
Legal Proceedings And Contingencies [Abstract]
Legal Proceedings and Contingencies	Note Y — Legal Proceedings and Contingencies From time to time, as a normal incident of the nature and kind of businesses in which we are or were engaged, various claims or charges are asserted and litigation or arbitration is commenced by or against us arising from or related to matters, including, but not limited to: product liability; personal injury; patents, trademarks, trade secrets or other intellectual property; labor and employee disputes; commercial or contractual disputes; strategic acquisitions or divestitures; the prior sale or use of former products allegedly containing asbestos or other restricted materials; breach of warranty; or environmental matters. Claimed amounts against us may be substantial, but may not bear any reasonable relationship to the merits of the claim or the extent of any real risk of court or arbitral awards. We record accruals for losses related to those matters against us that we consider to be probable and that can be reasonably estimated. Gain contingencies, if any, are recognized when they are realized and legal costs generally are expensed when incurred. At September 27, 2019 , our accrual for the potential resolution of lawsuits, claims or proceedings that we consider probable of being decided unfavorably to us was not material. Although it is not feasible to predict the outcome of these matters with certainty, it is reasonably possible that some lawsuits, claims or proceedings may be disposed of or decided unfavorably to us and in excess of the amounts currently accrued. Based on available information, in the opinion of management, settlements, arbitration awards and final judgments, if any, that are considered probable of being rendered against us in litigation or arbitration in existence at September 27, 2019 are reserved against or would not have a material adverse effect on our financial condition, results of operations or cash flows. Environmental Matters We are subject to numerous U.S. Federal, state, local and international environmental laws and regulatory requirements and are involved from time to time in investigations or litigation of various potential environmental issues. We or companies we have acquired are responsible, or alleged to be responsible, for environmental investigation and/or remediation of multiple sites. These sites are in various stages of investigation and/or remediation and in some cases our liability is considered de minimis. Notices from the U.S. Environmental Protection Agency (“EPA”) or equivalent state or international environmental agencies allege that a number of sites formerly or currently owned and/or operated by us or companies we have acquired, and other properties or water supplies that may be or have been impacted from those operations, contain disposed or recycled materials or wastes and require environmental investigation and/or remediation. These sites include instances of being identified as a potentially responsible party under the Comprehensive Environmental Response, Compensation and Liability Act (commonly known as the “Superfund Act”) and/or equivalent state and international laws. For example, in June 2014, the U.S. Department of Justice (the “DOJ”), Environment and Natural Resources Division, notified several potentially responsible parties, including Exelis Inc., of potential responsibility for contribution to the environmental investigation and remediation of multiple locations in Alaska. In addition, in March 2016, the EPA notified over 100 potentially responsible parties, including Exelis Inc., of potential liability for the cost of remediation for the 8.3 -mile stretch of the Lower Passaic River, estimated by the EPA to be $1.38 billion , but the parties’ respective allocations have not been determined. Although it is not feasible to predict the outcome of these environmental claims made against us, based on available information, in the opinion of our management, any payments we may be required to make as a result of environmental claims made against us in existence at September 27, 2019

Significant Accounting Polici_2

Significant Accounting Policies and Recent Accounting Standards (Policies)	3 Months Ended
	Sep. 27, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation On October 12, 2018, Harris Corporation, a Delaware corporation (“Harris”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with L3 Technologies, Inc., a Delaware corporation (“L3”), and Leopard Merger Sub Inc., a Delaware corporation and a newly formed, direct wholly owned subsidiary of Harris (“Merger Sub”), pursuant to which Harris and L3 agreed to combine their respective businesses in an all-stock merger, at the closing of which Merger Sub would merge with and into L3, with L3 continuing as the surviving corporation and a direct wholly owned subsidiary of Harris (the “L3Harris Merger”). The closing of the L3Harris Merger occurred on June 29, 2019 (“Closing Date”), the day after Harris’ fiscal 2019 ended and the first day of the quarter ended September 27, 2019 . Upon completion of the L3Harris Merger, Harris was renamed “L3Harris Technologies, Inc.” (“L3Harris”), and each share of L3 common stock converted into the right to receive 1.30 shares (“Exchange Ratio”) of L3Harris common stock. Shares of L3Harris common stock, which previously traded under ticker symbol “HRS” on the New York Stock Exchange (“NYSE”) prior to completion of the L3Harris Merger, are traded under ticker symbol “LHX” following completion of the L3Harris Merger. L3Harris was owned on a fully diluted basis approximately 54 percent by Harris shareholders and 46 percent by L3 shareholders immediately following the completion of the L3Harris Merger. The preparation of financial statements in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) requires that the accompanying Condensed Consolidated Financial Statements (Unaudited) and most of the disclosures in these Notes to Consolidated Financial Statements (Unaudited) (these “Notes”) be presented on a historical basis for periods prior to the closing of the L3Harris Merger. Unless the context otherwise requires, the terms “we,” “our,” “us,” “Company” and “L3Harris” as used in this Quarterly Report on Form 10-Q (this “Report”) mean Harris and its subsidiaries when referring to periods prior to the end of fiscal 2019 (prior to the L3Harris Merger) and to the combined company L3Harris Technologies, Inc. and its consolidated subsidiaries when referring to periods after the end of fiscal 2019 (after the L3Harris Merger). We are accounting for the L3Harris Merger under the acquisition method of accounting. Under the acquisition method of accounting, we are required to measure identifiable assets acquired, liabilities assumed and any noncontrolling interests in the acquiree at their fair values as of the Closing Date. The excess of the consideration transferred over those fair values is recorded as goodwill. See Note B — Business Combination in these Notes for additional information related to the L3Harris Merger. The accompanying Condensed Consolidated Financial Statements (Unaudited) have been prepared by L3Harris, without an audit, in accordance with GAAP for interim financial information and with the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, such interim financial statements do not include all information and footnotes necessary for a complete presentation of financial condition, results of operations, cash flows and equity in conformity with GAAP for annual financial statements. In the opinion of management, such interim financial statements reflect all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of our financial condition, results of operations and cash flows for the periods presented therein. The results for the quarter ended September 27, 2019 are not necessarily indicative of the results that may be expected for the Fiscal Transition Period (as defined below) or any subsequent period. The balance sheet at June 28, 2019 has been derived from our audited financial statements, but does not include all of the information and footnotes required by GAAP for annual financial statements. We provide complete, audited financial statements in our Annual Report on Form 10-K, which includes information and footnotes required by the rules and regulations of the SEC. The information included in this Report should be read in conjunction with the Management’s Discussion and Analysis of Financial Condition and Results of Operations and the Consolidated Financial Statements and accompanying Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended June 28, 2019 (our “Fiscal 2019 Form 10-K”). We implemented a new organizational structure effective on June 29, 2019, which resulted in changes to our operating segments, which are also reportable segments and referred to as our business segments. The historical results, discussion and presentation of our business segments as set forth in the accompanying Condensed Consolidated Financial Statements (Unaudited) and these Notes reflect the impact of these changes for all periods presented in order to present segment information on a comparable basis. There is no impact on our previously reported consolidated statements of income, balance sheets, statements of cash flows or statements of equity resulting from these changes.
Change in Fiscal Year	Change in Fiscal Year Through fiscal 2019, our fiscal year ended on the Friday nearest June 30. Commencing June 29, 2019, our fiscal year will end on the Friday nearest December 31, and the period commencing on June 29, 2019 will be a fiscal transition period ending on January 3, 2020 (the “Fiscal Transition Period”). We will file a transition report on Form 10-KT containing audited financial statements for the Fiscal Transition Period.
Use of Estimates	Use of Estimates
Adoption of New Accounting Standards	Adoption of New Accounting Standards Effective June 29, 2019 , we adopted Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842), as amended (“ASC 842”) using the optional transition method. We initially applied ASC 842 for leases existing as of June 29, 2019 and recognized $270 million of right-of-use (“ROU”) assets and $289 million of lease liabilities in our Condensed Consolidated Balance Sheet (Unaudited). See Note B — Business Combination in these Notes for ROU assets and lease liabilities assumed as part of the L3Harris Merger. In accordance with ASC 842, we recognized ROU assets and liabilities in our balance sheet for operating and finance leases under which we are the lessee, except for equipment leases and, as permitted by a practical expedient under ASC 842, leases with a term of 12 months or less. Equipment leases were not material at September 27, 2019 and June 29, 2019 . We also elected the package of practical expedients permitted under ASC 842 and did not reassess lease classification for existing or expired leases, whether expired or existing contracts contain a lease under the new definition of a lease or whether previously capitalized initial direct costs would qualify for capitalization under ASC 842. Operating lease assets are classified as operating ROU assets, operating lease liabilities for obligations due within 12 months are classified as other current liabilities and operating lease liabilities for obligations due longer than 12 months are classified as other long-term liabilities. Finance lease assets are classified as property, plant and equipment. Finance lease liabilities are classified as other current liabilities or other long-term liabilities depending on when the obligation is due. Lease assets and liabilities are recognized based on the present value of future lease payments. Lease payments primarily include base rent. We have some lease payments that are based on an index and changes to the index are treated as variable lease payments and recognized in the period in which the obligation for those payments is incurred. Our leases also include non-lease components such as real estate taxes and common-area maintenance costs. We elected the practical expedient to account for lease and non-lease components as a single component. In certain of our leases, the non-lease components are variable and are therefore excluded from lease payments to determine the lease asset. The present value of future lease payments is determined using our incremental borrowing rate at lease commencement over the expected lease term. We use our incremental borrowing rate because our lessee leases do not provide an implicit lease rate. The expected lease term represents the number of years we expect to lease the property, including options to extend or terminate the lease when it is reasonably certain that we will exercise such option. Operating lease expense is recognized as an operating cost on a straight-line basis over the expected lease term in our Condensed Consolidated Statement of Income (Unaudited). For finance leases, the asset is amortized on a straight-line basis over the lease term, and interest on the lease liability is recognized in interest expense. The amortization of lease assets for our finance leases and interest expense was not material for the quarter ended September 27, 2019 . We are a lessor for certain arrangements for flight simulators. These leases meet the criteria for operating lease classification. Lease income associated with these leases was not material for the quarter ended September 27, 2019 . Adoption of ASC 842 did not have a material effect on our results of operations or cash flows. Effective June 29, 2019, we adopted ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . The amendments in this update are intended to better align companies’ risk management activities and financial reporting for hedging relationships through changes to both the designation and measurement guidance for qualifying hedge relationships and the presentation of hedge results. The amendments in this update require companies to present the earnings effect of the hedging instrument in the same income statement line in which the earnings effect of the hedged item is reported. Prior to the adoption of this update, GAAP provided hedge accounting for only the portion of the hedge deemed to be highly effective and required companies to separately reflect the amount by which the hedging instrument did not offset the hedged item, which is referred to as the ineffective amount. The amendments in this update include, among other items, removal of the requirement that companies separately measure and recognize in earnings the ineffective amount for highly effective hedges. Adoption of this standard did not have a material effect on our financial condition, results of operations or cash flows.
Restructuring and Other Exit Costs	We record charges for restructuring and other exit activities related to sales or terminations of product lines, closures or relocations of business activities, changes in management structure and fundamental reorganizations that affect the nature and focus of operations. Such charges include termination benefits, contract termination costs and costs to consolidate facilities or relocate employees. We record these charges at their fair value when incurred. In cases where employees are required to render service until they are terminated in order to receive the termination benefits and will be retained beyond the minimum retention period, we record the expense ratably over the future service period. These charges are included as a component of the “Engineering, selling and administrative expenses” line item in our Condensed Consolidated Statement of Income (Unaudited).
Fair Value Measurements	Fair value is defined as the price that would be received for an asset or the price that would be paid to transfer a liability in the principal market or most advantageous market in an orderly transaction between market participants at the measurement date. Entities are required to maximize the use of observable inputs and minimize the use of unobservable inputs in measuring fair value, and to utilize a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. The three levels of inputs used to measure fair value are as follows: • Level 1 — Quoted prices in active markets for identical assets or liabilities. • Level 2 — Observable inputs other than quoted prices included within Level 1, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs other than quoted prices that are observable or are derived principally from, or corroborated by, observable market data by correlation or other means. • Level 3 — Unobservable inputs that are supported by little or no market activity, are significant to the fair value of the assets or liabilities, and reflect our own assumptions about the assumptions market participants would use in pricing the asset or liability developed using the best information available in the circumstances. In certain instances, fair value is estimated using quoted market prices obtained from external pricing services. In obtaining such data from the external pricing services, we have evaluated the methodologies used to develop the estimate of fair value in order to assess whether such valuations are representative of fair value, including net asset value (“NAV”). Additionally, in certain circumstances, the NAV reported by an asset manager may be adjusted when sufficient evidence indicates NAV is not representative of fair value.
Business Segment Information	During the quarter ended September 27, 2019 , we adjusted our segment reporting to reflect our new organizational structure announced July 1, 2019. We structure our operations primarily around the products and services we sell and the markets we serve, and commencing with the the quarter ended September 27, 2019 , we report the financial results of our operations in the following four operating segments, which are also our reportable segments and are referred to as our business segments: • Integrated Mission Systems, including ISR; advanced electro-optical and infrared solutions; and maritime power and navigation; • Space and Airborne Systems, including space payloads, sensors and full-mission solutions; classified intelligence and cyber defense; avionics; and electronic warfare; • Communication Systems, including tactical communications; broadband communications; night vision; and public safety; and • Aviation Systems, including defense aviation products; security, detection and other commercial aviation products; air traffic management; and commercial and military pilot training. The historical results, discussion and presentation of our business segments as set forth in this Report reflect the impact of these adjustments for all periods presented. There is no impact on our previously reported consolidated statements of income, balance sheets, statements of cash flows or statements of equity resulting from these adjustments. The accounting policies of our business segments are the same as those described in Note 1: “Significant Accounting Policies” in our Notes to Consolidated Financial Statements in our Fiscal 2019 Form 10-K. We evaluate each segment’s performance based on its operating income or loss, which we define as profit or loss from operations before income taxes, including pension income and excluding interest income and expense, royalties and related intellectual property expenses, equity method investment income or loss and gains or losses from securities and other investments. Intersegment sales are generally transferred at cost to the buying segment, and the sourcing segment may recognize a profit that is eliminated. The “Corporate eliminations” line item in the table below represents the elimination of intersegment sales. Corporate expenses are allocated to our operating segments using an allocation methodology prescribed by U.S. Government regulations for government contractors. The “Pension adjustment” line item in the table below represents the reconciliation of the non-service components of net periodic pension and postretirement benefit costs, which are a component of segment operating income but are included in the “Non-operating income” line item in our Condensed Consolidated Statement of Income (Unaudited). The non-service components of net periodic pension and postretirement benefit costs include interest cost, expected return on plan assets and amortization of net actuarial gain or loss.
Disaggregation of Revenue	Disaggregation of Revenue Integrated Mission Systems: Aviation Systems: Communication Systems: Space and Airborne Systems: Space and Airborne Systems revenue is primarily derived from U.S. Government development and production contracts and is generally recognized over time using the POC cost-to-cost revenue recognition method. We disaggregate Space and Airborne Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Space and Airborne Systems revenue

Business Combination (Tables)

Business Combination (Tables)	3 Months Ended
	Sep. 27, 2019
Business Combinations [Abstract]
Schedule of Preliminary Calculation of Estimated Consideration Transferred	Our preliminary calculation of estimated consideration transferred is summarized below: (In millions, except exchange ratio and per share amounts) Outstanding shares of L3 common stock as of June 28, 2019 79.63 L3 restricted stock unit awards settled in shares of L3Harris common stock 0.41 L3 performance unit awards settled in shares of L3Harris common stock 0.04 80.08 Exchange Ratio 1.30 Shares of L3Harris common stock issued for L3 outstanding common stock 104.10 Price per share of L3Harris common stock as of June 28, 2019 $ 189.13 Fair value of L3Harris common stock issued for L3 outstanding common stock $ 19,689 Fair value of replacement RSUs attributable to merger consideration 10 Fair value of L3Harris stock options issued for L3 outstanding stock options 101 Withholding tax liability incurred for converted L3 share-based awards 45 Fair value of replacement award consideration 156 Fair value of total consideration 19,845 Less cash acquired (1,195 ) Total net consideration transferred $ 18,650
Schedule of Measurement of Assets Acquired, Liabilities Assumed and Noncontrolling Interest	Our preliminary measurement of assets acquired, liabilities assumed and nonconrolling interests is summarized below: (In millions) Receivables $ 849 Contract assets 1,708 Inventories 1,056 Other current assets 517 Property, plant and equipment 1,176 Operating lease right-of-use assets 704 Goodwill 15,423 Other intangible assets 6,768 Other non-current assets 327 Total assets acquired $ 28,528 Accounts payable $ 898 Contract liabilities 722 Other current liabilities 772 Operating lease liabilities 715 Defined benefit plans 1,411 Long-term debt, net 3,548 Other long-term liabilities 1,661 Total liabilities assumed 9,727 Net assets acquired 18,801 Noncontrolling interests (151 ) Total net consideration transferred $ 18,650
Schedule of Identifiable Intangible Assets Acquired	The following table provides further detail of the fair value and weighted-average amortization period of identified intangible assets acquired by major intangible asset class: Weighted Average Amortization Period Total (In years) (In millions) Identifiable intangible assets acquired: Customer relationships (Government) 15 $ 3,549 Customer relationships (Commercial) 16 561 Trade names — Divisions 10 162 Developed technology 8 630 Total identifiable intangible assets subject to amortization 14 4,902 Trade names — Corporate indefinite 1,803 In-process research and development n/a 63 Total identifiable intangible assets $ 6,768
Schedule of Pro Forma Results	The following summary, prepared on a pro forma basis, presents our unaudited consolidated results of operations for the quarter ended September 28, 2018 as if the L3Harris Merger had been completed as of the beginning of the quarter ended September 28, 2018 , after including any post-acquisition adjustments directly attributable to the acquisition, such as the sale of Harris’ Night Vision business, and after including the impact of adjustments such as amortization of intangible assets as well as the related income tax effects. This pro forma presentation does not include any impact of transaction synergies. The pro forma results are not necessarily indicative of our results of operations that actually would have been obtained had the combination of Harris and L3 been completed on the assumed date or for the period presented, or which may be realized in the future. September 28, 2018 (In millions) Revenue from product sales and services — as reported $ 1,542 Revenue from product sales and services — pro forma $ 4,018 Income from continuing operations — as reported $ 216 Income from continuing operations — pro forma $ 373

Business Divestitures and Ass_2

Business Divestitures and Asset Sales (Tables)	3 Months Ended
	Sep. 27, 2019
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Assets and Liabilities of the Harris Night Vision Classified as Held for Sale	The carrying amounts of the major classes of assets and liabilities of the Harris Night Vision business classified as held for sale at June 28, 2019 are summarized below: June 28, 2019 (In millions) Receivables $ 18 Inventories 52 Property, plant and equipment 29 Goodwill 30 Other intangible assets 4 Assets of disposal group held for sale $ 133 Accounts payable $ 13 Contract liabilities 1 Compensation and benefits 3 Other accrued items 3 Defined benefit plans 16 Liabilities of disposal group held for sale $ 36

Restructuring and Other Exit _2

Restructuring and Other Exit Costs (Tables)	3 Months Ended
	Sep. 27, 2019
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Other Exit Activities	The following table summarizes our restructuring and other exit activities during the quarter ended September 27, 2019 : Employee severance-related costs Facilities consolidation and other exit costs Total (In millions) Balance at June 28, 2019 $ — $ 16 $ 16 Additional provisions 111 — 111 Payments (37 ) (3 ) (40 ) Balance at September 27, 2019 $ 74 $ 13 $ 87

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables)	3 Months Ended
	Sep. 27, 2019
Equity [Abstract]
Schedule of Components of AOCI	The components of AOCI are summarized below: Foreign currency translation (1) Net unrealized (losses) gains on hedging derivatives (2) Unrecognized postretirement obligations (3) Total AOCI (In millions) Balance at June 28, 2019 $ (106 ) $ (38 ) $ (563 ) $ (707 ) Other comprehensive loss (25 ) (38 ) — (63 ) Amounts reclassified to earnings from AOCI — 1 13 14 Balance at September 27, 2019 $ (131 ) $ (75 ) $ (550 ) $ (756 ) Balance at June 29, 2018 $ (99 ) $ (20 ) $ (83 ) $ (202 ) Other comprehensive income (loss) — 1 (1 ) — Amounts reclassified to earnings from AOCI — — — — Balance at September 28, 2018 $ (99 ) $ (19 ) $ (84 ) $ (202 ) _______________ (1) Net of income taxes of $2 million at September 27, 2019 , June 28, 2019 , September 28, 2018 and June 29, 2018 . (2) Net of income taxes of $24 million , $13 million , $6 million and $7 million at September 27, 2019 , June 28, 2019 , September 28, 2018 and June 29, 2018 , respectively. (3) Net of income taxes of $183 million and $188 million at September 27, 2019 and June 28, 2019 , respectively, and net of income taxes of $30 million at September 28, 2018 and June 29, 2018 .
Schedule of Reclassifications from AOCI into Earnings	Reclassifications from AOCI into earnings for the quarter ended September 27, 2019 are presented in the table below: Amounts reclassified from AOCI Affected line item in the Condensed Consolidated Statement of Income (Unaudited) (In millions) Loss on hedging instruments $ 1 Engineering, selling and administrative expenses $ 1 Income from continuing operations Postretirement benefit obligations $ 13 Gain on sale of business 4 Non-operating income (4 ) Income taxes $ 13 Income from continuing operations Total reclassifications for the period $ 14

Receivables (Tables)

Receivables (Tables)	3 Months Ended
	Sep. 27, 2019
Receivables [Abstract]
Schedule of Receivables	Receivables are summarized below: September 27, 2019 June 28, 2019 (In millions) Accounts receivable $ 1,283 $ 459 Less allowances for collection losses (8 ) (2 ) $ 1,275 $ 457

Contract Assets and Contract _2

Contract Assets and Contract Liabilities (Tables)	3 Months Ended
	Sep. 27, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Contract Assets and Contract Liabilities	Contract assets and contract liabilities are summarized below: September 27, 2019 June 28, 2019 (In millions) Contract assets $ 2,625 $ 807 Contract liabilities, current (1,210 ) (496 ) Contract liabilities, non-current (1) (80 ) (42 ) Net contract assets $ 1,335 $ 269 _______________ (1) The non-current portion of contract liabilities is included as a component of the “Other long-term liabilities” line item in our Condensed Consolidated Balance Sheet (Unaudited). The components of contract assets are summarized below: September 27, 2019 June 28, 2019 (In millions) Unbilled contract receivables, gross $ 3,969 $ 916 Progress payments and advances (1,344 ) (109 ) $ 2,625 $ 807

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Sep. 27, 2019
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories are summarized below: September 27, 2019 June 28, 2019 (In millions) Finished products $ 273 $ 77 Work in process 430 90 Raw materials and supplies 636 193 $ 1,339 $ 360

Property, Plant, and Equipment

Property, Plant, and Equipment (Tables)	3 Months Ended
	Sep. 27, 2019
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment are summarized below: September 27, 2019 June 28, 2019 (In millions) Land $ 71 $ 40 Software capitalized for internal use 326 187 Buildings 1,019 631 Machinery and equipment 2,120 1,429 3,536 2,287 Less accumulated depreciation and amortization (1,463 ) (1,393 ) $ 2,073 $ 894

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Sep. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill by Business Segments	The assignment of goodwill by business segment, and changes in the carrying amount of goodwill for the quarter ended September 27, 2019 , were as follows: Integrated Mission Systems Space and Airborne Systems Communication Systems Aviation Systems Total (In millions) Balance at June 28, 2019 $ 63 $ 3,707 $ 924 $ 646 $ 5,340 Goodwill acquired 6,297 1,320 2,475 5,331 15,423 Currency translation adjustments — (3 ) — (11 ) (14 ) Balance at September 27, 2019 $ 6,360 $ 5,024 $ 3,399 $ 5,966 $ 20,749
Schedule of Identifiable Intangible Assets Subject to Amortization	The table below presents information for our identifiable intangible assets that are subject to amortization and indefinite-lived intangible assets. September 27, 2019 June 28, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) Customer relationships $ 5,314 $ 518 $ 4,796 $ 1,203 $ 419 $ 784 Developed technologies 837 159 678 206 136 70 Trade names 204 30 174 42 26 16 Other 5 3 2 2 2 — Total intangible assets subject to amortization 6,360 710 5,650 1,453 583 870 IPR&D 63 — 63 — — — L3 trade name 1,803 — 1,803 — — — Total intangibles assets $ 8,226 $ 710 $ 7,516 $ 1,453 $ 583 $ 870
Schedule of Indefinite-Lived Intangible Assets	The table below presents information for our identifiable intangible assets that are subject to amortization and indefinite-lived intangible assets. September 27, 2019 June 28, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) Customer relationships $ 5,314 $ 518 $ 4,796 $ 1,203 $ 419 $ 784 Developed technologies 837 159 678 206 136 70 Trade names 204 30 174 42 26 16 Other 5 3 2 2 2 — Total intangible assets subject to amortization 6,360 710 5,650 1,453 583 870 IPR&D 63 — 63 — — — L3 trade name 1,803 — 1,803 — — — Total intangibles assets $ 8,226 $ 710 $ 7,516 $ 1,453 $ 583 $ 870
Schedule of Future Estimated Amortization Expense For Intangible Assets	Future estimated amortization expense for intangible assets is as follows: (In millions) Year 1 $ 575 Year 2 586 Year 3 553 Year 4 522 Year 5 490 Thereafter 2,924 Total $ 5,650

Accrued Warranties (Tables)

Accrued Warranties (Tables)	3 Months Ended
	Sep. 27, 2019
Product Warranties Disclosures [Abstract]
Schedule of Accrued Warranties	Our liability for standard product warranties is included as a component of the “Other accrued items” and “Other long-term liabilities” line items in our Condensed Consolidated Balance Sheet (Unaudited). Changes in our liability for standard product warranties during the quarter ended September 27, 2019 were as follows: (In millions) Balance at June 28, 2019 $ 25 Acquisitions during the period 83 Accruals for product warranties issued during the period 16 Settlements made during the period (14 ) Other, including foreign currency translation adjustments (1 ) Balance at September 27, 2019 $ 109

Debt (Tables)

Debt (Tables)	3 Months Ended
	Sep. 27, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt is summarized below: September 27, 2019 June 28, 2019 (In millions) Variable-rate debt: Floating rate notes, due April 30, 2020 $ 250 $ 250 Total variable-rate debt 250 250 Fixed-rate debt: 2.7% notes, due April 27, 2020 400 400 4.95% notes, due February 15, 2021 650 — 3.85% notes, due June 15, 2023 800 — 3.95% notes, due May 28, 2024 350 — 3.832% notes, due April 27, 2025 600 600 7.0% debentures, due January 15, 2026 100 100 3.85% notes, due December 15, 2026 550 — 6.35% debentures, due February 1, 2028 26 26 4.40% notes, due June 15, 2028 1,850 850 4.854% notes, due April 27, 2035 400 400 6.15% notes, due December 15, 2040 300 300 5.054% notes, due April 27, 2045 500 500 Other 50 17 Total fixed-rate debt 6,576 3,193 Total debt 6,826 3,443 Plus: unamortized bond premium 163 — Less: unamortized discounts and issuance costs (26 ) (24 ) Total debt, net 6,963 3,419 Less: current portion of long-term debt, net (656 ) (656 ) Total long-term debt, net $ 6,307 $ 2,763
Schedule of Debt Exchange	In connection with the L3Harris Merger, on July 2, 2019 we settled our previously announced debt exchange offers in which eligible holders of L3 senior notes (“L3 Notes”) could exchange such outstanding notes for (1) up to $3.35 billion aggregate principal amount of new notes issued by L3Harris (“New L3Harris Notes”) and (2) one dollar in cash for each $1,000 of principal amount. Each series of the New L3Harris Notes issued has an interest rate and maturity date that is identical to the L3 Notes. Aggregate Principal Amount of L3 Notes (prior to debt exchange) Aggregate Principal Amount of New L3Harris Notes Issued Aggregate Principal Amount of Remaining L3 Notes (In millions) 4.95% notes due February 15, 2021 (“4.95% 2021 Notes”) $ 650 $ 501 $ 149 3.85% notes due June 15, 2023 (“3.85% 2023 Notes”) 800 741 59 3.95% notes due May 28, 2024 (“3.95% 2024 Notes”) 350 326 24 3.85% notes due December 15, 2026 (“3.85% 2026 Notes”) 550 535 15 4.40% notes due June 15, 2028 (“4.40% 2028 Notes”) 1,000 918 82 Total $ 3,350 $ 3,021 $ 329

Postretirement Benefit Plans (T

Postretirement Benefit Plans (Tables)	3 Months Ended
	Sep. 27, 2019
Retirement Benefits [Abstract]
Schedule of Components of Net Periodic Benefit Cost	The following tables provide the components of our net periodic benefit income for our defined benefit plans, including defined benefit pension plans and other postretirement defined benefit plans: Quarter Ended September 27, 2019 Pension Other Benefits (In millions) Net periodic benefit income Service cost $ 21 $ 1 Interest cost 76 2 Expected return on plan assets (157 ) (5 ) Amortization of net actuarial gain — (1 ) Net periodic benefit income (60 ) (3 ) Effect of curtailments or settlements (1) 5 — Total net periodic benefit income $ (55 ) $ (3 ) _______________ (1) During the quarter ended September 27, 2019 , we recognized a $5 million settlement loss resulting from the full payout of the liabilities of a non-qualified benefit plan due to the change in control provisions. Quarter Ended September 27, 2018 Pension Other Benefits (In millions) Net periodic benefit income Service cost $ 9 $ — Interest cost 52 2 Expected return on plan assets (95 ) (4 ) Amortization of net actuarial gain — (2 ) Total net periodic benefit income $ (34 ) $ (4 )

Income From Continuing Operat_2

Income From Continuing Operations Per Share (Tables)	3 Months Ended
	Sep. 27, 2019
Earnings Per Share [Abstract]
Schedule of Computation of Net Income Per Common Share	The computations of income from continuing operations per common share are as follows (in this Note O , “Income from continuing operations” refers to income from continuing operations attributable to L3Harris common shareholders): Quarter Ended September 27, 2019 September 28, 2018 (In millions, except per share amounts) Income from continuing operations $ 429 $ 216 Adjustments for participating securities outstanding — (1 ) Income from continuing operations used in per basic and diluted common share calculations (A) $ 429 $ 215 Basic weighted average common shares outstanding (B) 222.6 117.9 Impact of dilutive share-based awards 2.8 2.7 Diluted weighted average common shares outstanding (C) 225.4 120.6 Income from continuing operations per basic common share (A)/(B) $ 1.93 $ 1.82 Income from continuing operations per diluted common share (A)/(C) $ 1.90 $ 1.78

Leases (Tables)

Leases (Tables)	3 Months Ended
	Sep. 27, 2019
Leases [Abstract]
Schedule of Supplemental Balance Sheet Information	Supplemental operating lease balance sheet information at September 27, 2019 is presented in the table below: (In millions) Operating lease right-of-use assets $ 934 Other accrued items $ 129 Operating lease liabilities 831 Total operating lease liabilities $ 960
Schedule of Lease Expense and Supplemental Lease Information	The table below presents other supplemental lease information for the quarter ended September 27, 2019 : (In millions, except lease term and discount rate) Cash paid for amounts included in the measurement of operating lease liabilities $ 43 Right-of-use assets obtained in exchange for new operating lease liabilities $ 14 Weighted average remaining lease term — operating leases (in years) 9.4 Weighted average discount rate — operating leases 3.3 %
Schedule of Future Lease Payments Under Non-cancelable Leases	The table below presents future lease payments under non-cancelable operating leases as of September 27, 2019 : (In millions) Quarter ended January 3, 2020 $ 49 Year 1 162 Year 2 135 Year 3 124 Year 4 104 Thereafter 548 Total future lease payments required 1,122 Less: imputed interest 162 Total $ 960
Schedule of Future Minimum Lease Payments for Operating Leases Under ASC 840	The following represented future minimum lease payments for operating leases under ASC 840 at June 28, 2019 : (In millions) Year 1 $ 68 Year 2 62 Year 3 47 Year 4 40 Year 5 32 Thereafter 64 Total minimum lease payments required $ 313

Non-Operating Income (Tables)

Non-Operating Income (Tables)	3 Months Ended
	Sep. 27, 2019
Nonoperating Income (Expense) [Abstract]
Schedule of Components of Non-operating Income	The components of non-operating income were as follows: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Pension adjustment (1) $ 80 $ 47 Other (1 ) — $ 79 $ 47 _______________ (1) Pension adjustment recorded as "Non-operating income" in our Consolidated Consolidated Statement of Income (Unaudited) represents the non-service component of net periodic pension and postretirement benefit costs, which includes interest cost, expected return on plan assets, amortization of net actuarial gain and effect of curtailments or settlements.

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Sep. 27, 2019
Income Tax Disclosure [Abstract]
Schedule of Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the quarter ended September 27, 2019 is as follows: September 27, 2019 (In millions) Balance at beginning of period $ 204 Additions based on tax positions taken during the period 12 Additions based on tax positions taken during prior periods 11 Additions for tax positions related to acquired entities 169 Decreases based on tax positions taken during prior periods — Decreases from lapse in statutes of limitations (12 ) Balance at end of period $ 384

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Sep. 27, 2019
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents assets and liabilities measured at fair value on a recurring basis (at least annually) at September 27, 2019 and June 28, 2019 : September 27, 2019 June 28, 2019 Total Level 1 Level 2 Total Level 1 Level 2 (In millions) Assets Deferred compensation plan assets: (1) Equity and fixed income securities $ — $ — $ — $ 38 $ 38 $ — Investments measured at NAV: Equity and fixed income funds 26 61 Corporate-owned life insurance 28 28 Total investments measured at NAV 54 89 Total fair value of deferred compensation plan assets $ 54 $ — $ — $ 127 $ 38 $ — Derivatives (foreign currency forward contracts) 4 — 4 — — — Total assets measured at fair value $ 58 $ — $ 4 $ 127 $ 38 $ — Liabilities Deferred compensation plan liabilities: (2) Equity securities and mutual funds $ 3 $ 3 $ — $ 25 $ 25 $ — Investments measured at NAV: Common/collective trusts and guaranteed investment contracts 56 132 Total fair value of deferred compensation plan liabilities $ 59 $ 3 $ — $ 157 $ 25 $ — Derivatives (foreign currency forward contracts) 12 — 12 — — — Derivatives (treasury lock contracts) 107 — 107 26 — 26 Total liabilities measured at fair value $ 178 $ 3 $ 119 $ 183 $ 25 $ 26 _______________ (1) Represents diversified assets held in a “rabbi trust” associated with our non-qualified deferred compensation plans, which we include in the “Other current assets” and “Other non-current assets” line items in our Condensed Consolidated Balance Sheet (Unaudited) and which are measured at fair value. (2) Primarily represents obligations to pay benefits under certain non-qualified deferred compensation plans, which we include in the “Compensation and benefits” and “Other long-term liabilities” line items in our Condensed Consolidated Balance Sheet (Unaudited). Under these plans, participants designate investment options (including stock and fixed-income funds), which serve as the basis for measurement of the notional value of their accounts.
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments Not Measured at Fair Value	The following table presents the carrying amounts and estimated fair values of our significant financial instruments that were not measured at fair value (carrying amounts of other financial instruments not listed in the table below approximate fair value due to the short-term nature of those items): September 27, 2019 June 28, 2019 Carrying Amount Fair Value Carrying Amount Fair Value (In millions) Long-term debt (including current portion) (1) $ 6,963 $ 7,536 $ 3,419 $ 3,802 _______________ (1) Fair value was estimated using a market approach based on quoted market prices for our debt traded in the secondary market. If our long-term debt in our balance sheet were measured at fair value, it would be categorized in Level 2 of the fair value hierarchy.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Sep. 27, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Derivative Instruments in Condensed Consolidated Balance Sheets	The table below presents the fair values of our derivatives designated as foreign currency hedging instruments in our Condensed Consolidated Balance Sheet (Unaudited) as of September 27, 2019 . As of June 28, 2019 , we had no outstanding foreign currency forward contracts. September 27, 2019 Other Current Assets Other Non-Current Assets Other Accrued Items Other Long-Term Liabilities (In millions) Derivatives designated as hedging instruments: Foreign currency forward contracts (1) $ 3 $ 1 $ 6 $ 6 _______________ (1) See Note T — Fair Value Measurements in these Notes for a description of the fair value hierarchy related to our foreign currency forward contracts.

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Sep. 27, 2019
Segment Reporting [Abstract]
Schedule of Revenue and Reconciliation of Income From Continuing Operations Before Taxes by Segment	Segment revenue, segment operating income and a reconciliation of segment operating income to total income from continuing operations before income taxes are as follows: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue Integrated Mission Systems $ 1,303 $ 12 Space and Airborne Systems 1,162 840 Communication Systems 1,032 480 Aviation Systems 948 172 Other non-reportable business segments (1) 23 39 Corporate eliminations (37 ) (1 ) $ 4,431 $ 1,542 Income From Continuing Operations Before Income Taxes Segment Operating Income: Integrated Mission Systems $ 180 $ 2 Space and Airborne Systems 226 156 Communication Systems 234 137 Aviation Systems 127 24 Other business activities and non-reportable business segments (2) (93 ) 6 Merger, acquisition and divestiture-related expenses and losses (281 ) — Amortization of acquisition-related intangibles (3) (123 ) (25 ) Gain on sale of business 229 — Pension adjustment (80 ) (47 ) Non-operating income 79 47 Net interest expense (58 ) (43 ) $ 440 $ 257 _______________ (1) Includes Harris Night Vision business revenues prior to the date of divestiture on September 13, 2019 . See Note C — Business Divestitures and Asset Sales in these Notes for more information. (2) Includes $92 million of additional cost of sales related to the fair value step-up in inventory sold (see Note C — Business Divestitures and Asset Sales and Note B — Business Combination in these Notes for more information), a $12 million gain on the sale of an asset group and a $12 million non-cash cumulative adjustment to lease expense for the quarter ended September 27, 2019. (3) Includes $25 million of amortization of identifiable intangible assets acquired as a result of our acquisition of Exelis Inc. for the quarters ended September 27, 2019 and September 28, 2018 and $98 million of amortization of identifiable intangible assets acquired as a result of the L3Harris Merger. for the quarter ended September 27, 2019 . Because the acquisition of Exelis Inc. and the L3Harris Merger benefited the entire Company as opposed to any individual segment, the amortization of identifiable intangible assets acquired was not allocated to any segment.
Schedule of Disaggregation of Revenue by Segment	Disaggregation of Revenue Integrated Mission Systems: Integrated Mission Systems revenue is primarily derived from U.S. Government development and production contracts and is generally recognized over time using the POC cost-to-cost revenue recognition method. We disaggregate Integrated Mission Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Integrated Mission Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship Prime contractor $ 890 $ 6 Subcontractor 413 6 $ 1,303 $ 12 Revenue By Contract Type Fixed-price (1) $ 1,021 $ 12 Cost-reimbursable 282 — $ 1,303 $ 12 Revenue By Geographical Region United States $ 1,074 $ 9 International 229 3 $ 1,303 $ 12 _______________ (1) Includes revenue derived from time-and-materials contracts. Space and Airborne Systems: Space and Airborne Systems revenue is primarily derived from U.S. Government development and production contracts and is generally recognized over time using the POC cost-to-cost revenue recognition method. We disaggregate Space and Airborne Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Space and Airborne Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship Prime contractor $ 697 $ 510 Subcontractor 465 330 $ 1,162 $ 840 Revenue By Contract Type Fixed-price (1) $ 691 $ 473 Cost-reimbursable 471 367 $ 1,162 $ 840 Revenue By Geographical Region United States $ 1,015 $ 714 International 147 126 $ 1,162 $ 840 _______________ (1) Includes revenue derived from time-and-materials contracts. Communication Systems: Communication Systems revenue is primarily derived from fixed-price contracts and is generally recognized at the point in time when products are received and accepted by the customer for standard products offered to multiple customers and over time for customer-specific products, systems and services. We disaggregate Communication Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Communication Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship (1) Prime contractor $ 679 Subcontractor 353 $ 1,032 Revenue By Contract Type (1) Fixed-price (2) $ 875 Cost-reimbursable 157 $ 1,032 Revenue by Geographical Region United States $ 721 $ 221 International 311 259 $ 1,032 $ 480 ______________ (1) Prior to the L3Harris Merger, Communication Systems did not recognize significant revenue for customer-specific products and systems, and currently, such customer arrangements primarily exist at operating businesses acquired in connection with the L3Harris Merger. The “Revenue by Customer Relationship” and “Revenue by Contract Type” disaggregation categories were added beginning in the quarter ended September 27, 2019 to best depict how the nature, amount, timing and uncertainty of revenue and cash flows from these types of customer arrangements are affected by economic factors. (2) Includes revenue derived from time-and-materials contracts. Aviation Systems: Aviation Systems revenue is primarily derived from fixed-price contracts and is generally recognized at the point in time when products are received and accepted by the customer for standard products offered to multiple customers and over time for customer-specific products, systems and services. We disaggregate Aviation Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Aviation Systems revenue and cash flows are affected by economic factors: Quarter Ended September 27, 2019 September 28, 2018 (In millions) Revenue By Customer Relationship Prime contractor $ 584 $ 168 Subcontractor 364 4 $ 948 $ 172 Revenue By Contract Type Fixed-price (1) $ 784 $ 152 Cost-reimbursable 164 20 $ 948 $ 172 Revenue By Geographical Region United States $ 724 $ 162 International 224 10 $ 948 $ 172 ______________ (1) Includes revenue derived from time-and-materials contracts.
Schedule of Total Assets by Segment	Total assets by business segment are summarized below: September 27, 2019 June 28, 2019 (In millions) Total Assets Integrated Mission Systems $ 8,666 $ 87 Space and Airborne Systems 6,767 5,027 Communication Systems 5,145 1,683 Aviation Systems 8,723 1,036 Corporate (1) 9,646 2,284 $ 38,947 $ 10,117 _______________ (1) Identifiable intangible assets acquired in connection with our acquisition of Exelis Inc. in fiscal 2015 and the L3Harris Merger in the quarter ended September 27, 2019 were recorded as Corporate assets because they benefited the entire Company as opposed to any individual segment. Identifiable intangible asset balances recorded as Corporate assets were approximately $7.5 billion and $869 million at September 27, 2019 and June 28, 2019 , respectively. Corporate assets also consisted of cash, income taxes receivable, deferred income taxes, deferred compensation plan investments, buildings and equipment, as well as any assets and liabilities from discontinued operations and divestitures. See Note C — Business Divestitures and Asset Sales in these Notes for additional information.

Significant Accounting Polici_3

Significant Accounting Policies and Recent Accounting Standards (Details) $ in Millions	Sep. 13, 2019USD ($)	Jun. 29, 2019USD ($)	Sep. 27, 2019USD ($)	Sep. 28, 2018USD ($)
Business Combination, Separately Recognized Transactions [Line Items]
Proceeds from sale of business, after selling costs and estimated price adjustments			$ 346	$ 0
ROU assets			934
ROU liabilities			$ 960
ASU 2016-02
Business Combination, Separately Recognized Transactions [Line Items]
ROU assets		$ 270
ROU liabilities		$ 289
L3Harris
Business Combination, Separately Recognized Transactions [Line Items]
Exchange ratio		1.30
L3Harris | Harris Night Vision | Discontinued Operations, Disposed of by Sale | Other non-reportable business segments
Business Combination, Separately Recognized Transactions [Line Items]
Cash price on sale of business	$ 350
Proceeds from sale of business, after selling costs and estimated price adjustments	$ 346
L3Harris | Former Harris Shareholders
Business Combination, Separately Recognized Transactions [Line Items]
Percentage of voting interests acquired		54.00%
L3Harris | Former L3 Shareholders
Business Combination, Separately Recognized Transactions [Line Items]
Percentage of voting interests acquired		46.00%

Business Combination - Addition

Business Combination - Additional Information (Details) $ / shares in Units, shares in Thousands, employee in Thousands, $ in Millions	Jun. 29, 2019employeecountry$ / sharesshares	Sep. 27, 2019USD ($)	Dec. 31, 2018USD ($)	Jun. 28, 2019$ / shares
Business Acquisition [Line Items]
Restructuring charges		$ 111
Workforce Reduction
Business Acquisition [Line Items]
Restructuring charges		111
L3Harris
Business Acquisition [Line Items]
Exchange ratio	1.30
Number of employees | employee	50
Number of countries in which the entity operates | country	130
Shares issued for total merger consideration (in shares) | shares	104,100
Price per share of common stock (in dollars per share) | $ / shares	$ 189.13			$ 189.13
Merger-related charges		373
Acquisition transaction costs		74
Acquisition integration costs		35
Equity acceleration upon change in control		61
Additional cost of sales related to fair value step-up in inventory sold		92
Restructuring charges		111
L3Harris | Workforce Reduction
Business Acquisition [Line Items]
Restructuring charges		111
L3Harris | L3
Business Acquisition [Line Items]
Number of employees | employee	31
Revenues of the acquired entity for the last calendar year			$ 10,000
Shares issued for total merger consideration (in shares) | shares	80,080
Net revenues from acquiree for the reporting period		2,670
Income from continuing operations before income taxes of acquiree for the reporting period		190
L3Harris | L3 | Workforce Reduction
Business Acquisition [Line Items]
Restructuring charges		$ 101
L3Harris | Former Harris Shareholders
Business Acquisition [Line Items]
Percentage of voting interests acquired	54.00%
L3Harris | Former L3 Shareholders
Business Acquisition [Line Items]
Percentage of voting interests acquired	46.00%

Business Combination - Prelimin

Business Combination - Preliminary Calculation of Estimated Consideration Transferred (Details) $ / shares in Units, $ in Millions	Jun. 29, 2019USD ($)$ / sharesshares	Sep. 27, 2019USD ($)shares	Sep. 28, 2018USD ($)	Jun. 28, 2019$ / sharesshares
Business Acquisition [Line Items]
Outstanding shares of common stock as of June 2018, 2019 (in shares) | shares		221,568,200		118,552,599
Less cash acquired		$ (1,132)	$ 0
L3Harris
Business Acquisition [Line Items]
L3 shares settled in shares of L3Harris common stock (in shares) | shares	104,100,000
Exchange Ratio	1.30
Price per share of L3Harris common stock as of June 28, 2019 (in dollars per share) | $ / shares	$ 189.13			$ 189.13
Fair value of stock options and other share-based awards	$ 19,689
Withholding tax liability incurred for converted L3 share-based awards	45
Fair value of replacement award consideration	156
Fair value of total consideration	19,845
Less cash acquired	(1,195)
Total net consideration transferred	18,650
L3Harris | Restricted Stock Units
Business Acquisition [Line Items]
Fair value of stock options and other share-based awards	10
L3Harris | Stock Options
Business Acquisition [Line Items]
Fair value of stock options and other share-based awards	$ 101
L3Harris | L3
Business Acquisition [Line Items]
Outstanding shares of common stock as of June 2018, 2019 (in shares) | shares				79,630,000
L3 shares settled in shares of L3Harris common stock (in shares) | shares	80,080,000
L3Harris | L3 | Restricted Stock Units
Business Acquisition [Line Items]
L3 shares settled in shares of L3Harris common stock (in shares) | shares	410,000
L3Harris | L3 | Performance Stock Units
Business Acquisition [Line Items]
L3 shares settled in shares of L3Harris common stock (in shares) | shares	40,000

Business Combination - Prelim_2

Business Combination - Preliminary Measurement of Assets Acquired, Liabilities Assumed and Noncontrolling Interest (Details) - USD ($) $ in Millions	Sep. 27, 2019	Jun. 29, 2019	Jun. 28, 2019
Preliminary Purchase Price Allocation:
Goodwill	$ 20,749		$ 5,340
L3Harris
Preliminary Purchase Price Allocation:
Receivables		$ 849
Contract assets		1,708
Inventories		1,056
Other current assets		517
Property, plant and equipment		1,176
Operating lease right-of-use assets		704
Goodwill		15,423
Other intangible assets		6,768
Other non-current assets		327
Total assets acquired		28,528
Accounts payable		898
Contract liabilities		722
Other current liabilities		772
Operating lease liabilities		715
Defined benefit plans		1,411
Long-term debt, net		3,548
Other long-term liabilities		1,661
Total liabilities assumed		9,727
Net assets acquired		18,801
Noncontrolling interests		(151)
Total net consideration transferred		$ 18,650

Business Combination - Identifi

Business Combination - Identifiable Intangible Assets Acquired (Details) - L3Harris $ in Millions	Jun. 29, 2019USD ($)
Business Acquisition [Line Items]
Weighted Average Amortization Period	14 years
Finite-lived intangible assets acquired	$ 4,902
Total identifiable intangible assets	6,768
Trade names
Business Acquisition [Line Items]
Indefinite-lived intangible assets acquired	1,803
In-process research and development
Business Acquisition [Line Items]
Indefinite-lived intangible assets acquired	$ 63
Customer relationships | Governmental
Business Acquisition [Line Items]
Weighted Average Amortization Period	15 years
Finite-lived intangible assets acquired	$ 3,549
Customer relationships | Commercial
Business Acquisition [Line Items]
Weighted Average Amortization Period	16 years
Finite-lived intangible assets acquired	$ 561
Trade names
Business Acquisition [Line Items]
Weighted Average Amortization Period	10 years
Finite-lived intangible assets acquired	$ 162
Developed technology
Business Acquisition [Line Items]
Weighted Average Amortization Period	8 years
Finite-lived intangible assets acquired	$ 630

Business Combination - Pro Form

Business Combination - Pro Forma Results (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Business Acquisition [Line Items]
Revenue from product sales and services — as reported	$ 4,431	$ 1,542
Income from continuing operations — as reported	$ 435	216
L3Harris
Business Acquisition [Line Items]
Revenue from product sales and services — as reported		1,542
Revenue from product sales and services — pro forma		4,018
Income from continuing operations — as reported		216
Income from continuing operations — pro forma		$ 373

Business Divestitures and Ass_3

Business Divestitures and Asset Sales - Additional Information (Details) - USD ($) $ in Millions	Sep. 13, 2019	Aug. 30, 2019	Sep. 27, 2019	Sep. 28, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business, after selling costs and estimated price adjustments			$ 346	$ 0
Pre-tax gain on sale of business			12	0
Proceeds from sale of product line			$ 20	0
Harris Night Vision | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain on sale of business	$ 229
Income before taxes of disposal group				$ 6
Harris Night Vision | L3Harris | Discontinued Operations, Disposed of by Sale | Other non-reportable business segments
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash price on sale of business	350
Proceeds from sale of business, after selling costs and estimated price adjustments	$ 346
Stormscope | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sale of product line		$ 12
Stormscope | L3Harris | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of product line		$ 20

Business Divestitures and Ass_4

Business Divestitures and Asset Sales - Assets and Liabilities of Harris Night Vision Classified as Held For Sale (Details) - Harris Night Vision - Discontinued Operations, Held-for-sale or Disposed of by Sale $ in Millions	Jun. 28, 2019USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Receivables	$ 18
Inventories	52
Property, plant and equipment	29
Goodwill	30
Other intangible assets	4
Assets of disposal group held for sale	133
Accounts payable	13
Contract liabilities	1
Compensation and benefits	3
Other accrued items	3
Defined benefit plans	16
Liabilities of disposal group held for sale	$ 36

Stock Options and Other Share_2

Stock Options and Other Share-Based Compensation (Details) $ in Millions	3 Months Ended
	Sep. 27, 2019USD ($)planshares	Sep. 28, 2018USD ($)shares
L3Harris
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation costs related to share-based awards | $	$ 95	$ 14
SIPs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shareholder approved employee stock incentive plans | plan	2
L3Harris SIPs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock issued, net of shares withheld for tax purposes (in shares)	2,837,153	403,953
Stock options granted (in shares)	738,956
L3Harris SIPs | Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in shares)	245,991
L3Harris SIPs | Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in shares)	55,020
L3Harris SIPs | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	1.70%
Expected volatility	22.18%
Risk free interest rates	1.68%
Expected term	5 years 7 months 24 days

Restructuring and Other Exit _3

Restructuring and Other Exit Costs - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Jun. 28, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 111
Restructuring liabilities	87	$ 16
L3Harris
Restructuring Cost and Reserve [Line Items]
Restructuring charges	111
Employee severance-related costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	111
Restructuring liabilities	74	0
Employee severance-related costs | L3Harris
Restructuring Cost and Reserve [Line Items]
Restructuring charges	111
Facilities consolidation and other exit costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0
Restructuring liabilities	$ 13	$ 16
Remaining lease term (less than)	4 years

Restructuring and Other Exit _4

Restructuring and Other Exit Costs - Summary of Restructuring and Other Exit Activities (Details) $ in Millions	3 Months Ended
	Sep. 27, 2019USD ($)
Restructuring Reserve [Roll Forward]
Balance at June 28, 2019	$ 16
Additional provisions	111
Payments	(40)
Balance at September 27, 2019	87
Employee severance-related costs
Restructuring Reserve [Roll Forward]
Balance at June 28, 2019	0
Additional provisions	111
Payments	(37)
Balance at September 27, 2019	74
Facilities consolidation and other exit costs
Restructuring Reserve [Roll Forward]
Balance at June 28, 2019	16
Additional provisions	0
Payments	(3)
Balance at September 27, 2019	$ 13

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) ("AOCI") - Components of AOCI (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018	Jun. 28, 2019	Jun. 29, 2018
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 3,363	$ 3,278
Other comprehensive income (loss)	(63)	0
Amounts reclassified to earnings from AOCI	14
Ending balance	22,925	3,244
Foreign currency translation
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(106)	(99)
Other comprehensive income (loss)	(25)	0
Amounts reclassified to earnings from AOCI	0	0
Ending balance	(131)	(99)
Income taxes	2	2	$ 2	$ 2
Net unrealized (losses) gains on hedging derivatives
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(38)	(20)
Other comprehensive income (loss)	(38)	1
Amounts reclassified to earnings from AOCI	1	0
Ending balance	(75)	(19)
Income taxes	24	6	13	7
Unrecognized postretirement obligations
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(563)	(83)
Other comprehensive income (loss)	0	(1)
Amounts reclassified to earnings from AOCI	13	0
Ending balance	(550)	(84)
Income taxes	183	30	$ 188	$ 30
Total AOCI
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(707)	(202)
Other comprehensive income (loss)	(63)	0
Amounts reclassified to earnings from AOCI	14	0
Ending balance	$ (756)	$ (202)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) ("AOCI") - Reclassifications from AOCI into Earnings (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Engineering, selling and administrative expenses	$ 999	$ 279
Gain on sale of business	229	0
Non-operating income	79	47
Income taxes	(5)	(41)
Income from continuing operations	435	216
Total reclassifications for the period	429	$ 213
Amounts reclassified from AOCI
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Total reclassifications for the period	14
Amounts reclassified from AOCI | Loss on hedging instruments
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Engineering, selling and administrative expenses	1
Income from continuing operations	1
Amounts reclassified from AOCI | Postretirement benefit obligations
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Gain on sale of business	13
Non-operating income	4
Income taxes	(4)
Income from continuing operations	$ 13

Receivables (Details)

Receivables (Details) - USD ($)	Sep. 27, 2019	Jun. 28, 2019
Receivables [Abstract]
Accounts receivable	$ 1,283,000,000	$ 459,000,000
Less allowances for collection losses	(8,000,000)	(2,000,000)
Receivables	1,275,000,000	$ 457,000,000
RSA
Accounts, Notes, Loans and Financing Receivable [Line Items]
Authorized amount of accounts receivables outstanding under agreement	$ 100,000,000

Contract Assets and Contract _3

Contract Assets and Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018	Jun. 28, 2019
Revenue from Contract with Customer [Abstract]
Contract assets	$ 2,625		$ 807
Contract liabilities, current	(1,210)		(496)
Contract liabilities, non-current	(80)		(42)
Net contract assets	1,335		269
Components of Contract Assets:
Unbilled contract receivables, gross	3,969		916
Progress payments and advances	(1,344)		(109)
Contract assets	2,625		$ 807
Recognized sales on contract liabilities	$ 600	$ 200

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Jun. 28, 2019
Inventory Disclosure [Abstract]
Finished products	$ 273	$ 77
Work in process	430	90
Raw materials and supplies	636	193
Inventories	1,339	$ 360
Inventory [Line Items]
Engineering, selling and administrative costs included in inventories	39
L3Harris
Inventory [Line Items]
Engineering, selling and administrative absorbed in acquired inventories	$ 40

Property, Plant, and Equipmen_2

Property, Plant, and Equipment (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018	Jun. 28, 2019
Property, Plant and Equipment
Land	$ 71		$ 40
Software capitalized for internal use	326		187
Buildings	1,019		631
Machinery and equipment	2,120		1,429
Property, plant and equipment, gross	3,536		2,287
Less accumulated depreciation and amortization	(1,463)		(1,393)
Property, plant and equipment	2,073		$ 894
Depreciation and amortization expense related to property, plant and equipment	$ 79	$ 35

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Finite-Lived Intangible Assets [Line Items]
Impairment of goodwill	$ 0
L3Harris
Finite-Lived Intangible Assets [Line Items]
Amortization expense for intangible assets	$ 125,000,000
Exelis
Finite-Lived Intangible Assets [Line Items]
Amortization expense for intangible assets		$ 29,000,000

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Goodwill by Business Segment (Details) $ in Millions	3 Months Ended
	Sep. 27, 2019USD ($)
Changes in the carrying amount of goodwill
Balance at June 28, 2019	$ 5,340
Goodwill acquired	15,423
Currency translation adjustments	(14)
Balance at September 27, 2019	20,749
Integrated Mission Systems
Changes in the carrying amount of goodwill
Balance at June 28, 2019	63
Goodwill acquired	6,297
Currency translation adjustments	0
Balance at September 27, 2019	6,360
Space and Airborne Systems
Changes in the carrying amount of goodwill
Balance at June 28, 2019	3,707
Goodwill acquired	1,320
Currency translation adjustments	(3)
Balance at September 27, 2019	5,024
Communication Systems
Changes in the carrying amount of goodwill
Balance at June 28, 2019	924
Goodwill acquired	2,475
Currency translation adjustments	0
Balance at September 27, 2019	3,399
Aviation Systems
Changes in the carrying amount of goodwill
Balance at June 28, 2019	646
Goodwill acquired	5,331
Currency translation adjustments	(11)
Balance at September 27, 2019	$ 5,966

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Intangibles Assets (Details) - USD ($) $ in Millions	Sep. 27, 2019	Jun. 28, 2019
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangibles, Gross Carrying Amount	$ 6,360	$ 1,453
Finite-lived Intangibles, Accumulated Amortization	710	583
Finite-lived Intangibles, Net Carrying Amount	5,650	870
Total Intangibles, Gross Carrying Amount	8,226	1,453
Total intangibles assets	7,516	870
IPR&D
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived Intangibles	63	0
Trade names
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived Intangibles	1,803	0
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangibles, Gross Carrying Amount	5,314	1,203
Finite-lived Intangibles, Accumulated Amortization	518	419
Finite-lived Intangibles, Net Carrying Amount	4,796	784
Developed technologies
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangibles, Gross Carrying Amount	837	206
Finite-lived Intangibles, Accumulated Amortization	159	136
Finite-lived Intangibles, Net Carrying Amount	678	70
Trade names
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangibles, Gross Carrying Amount	204	42
Finite-lived Intangibles, Accumulated Amortization	30	26
Finite-lived Intangibles, Net Carrying Amount	174	16
Other
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangibles, Gross Carrying Amount	5	2
Finite-lived Intangibles, Accumulated Amortization	3	2
Finite-lived Intangibles, Net Carrying Amount	$ 2	$ 0

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Future Estimated Amortization Expense of Intangibles (Details) - USD ($) $ in Millions	Sep. 27, 2019	Jun. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Year 1	$ 575
Year 2	586
Year 3	553
Year 4	522
Year 5	490
Thereafter	2,924
Finite-lived Intangibles, Net Carrying Amount	$ 5,650	$ 870

Accrued Warranties - Changes in

Accrued Warranties - Changes in Liabilities for Standard Warranties (Details) $ in Millions	3 Months Ended
	Sep. 27, 2019USD ($)
Changes in warranty liability
Balance at June 28, 2019	$ 25
Acquisitions during the period	83
Warranty provision for sales	16
Settlements	(14)
Other, including adjustments for foreign currency translation	(1)
Balance at September 27, 2019	$ 109

Debt - Long-term Debt (Details)

Debt - Long-term Debt (Details) - USD ($) $ in Millions	Sep. 27, 2019	Jun. 29, 2019	Jun. 28, 2019
Debt Instrument [Line Items]
Total debt	$ 6,826		$ 3,443
Plus: unamortized bond premium	163		0
Less: unamortized discounts and issuance costs	(26)		(24)
Total debt, net	6,963		3,419
Less: current portion of long-term debt, net	(656)		(656)
Total long-term debt, net	6,307		2,763
Variable-rate debt
Debt Instrument [Line Items]
Total debt	250		250
Plus: unamortized bond premium		$ 171
Total debt, net		$ 3,520
Variable-rate debt | Floating rate notes, due April 30, 2020
Debt Instrument [Line Items]
Total debt	250		250
Fixed-rate debt
Debt Instrument [Line Items]
Total debt	$ 6,576		3,193
Fixed-rate debt | 2.7% notes, due April 27, 2020
Debt Instrument [Line Items]
Debt interest rate	2.70%
Total debt	$ 400		400
Fixed-rate debt | 4.95% notes, due February 15, 2021
Debt Instrument [Line Items]
Debt interest rate	4.95%
Total debt	$ 650		0
Fixed-rate debt | 3.95% notes, due May 28, 2024
Debt Instrument [Line Items]
Debt interest rate	3.85%
Total debt	$ 800		0
Fixed-rate debt | 3.95% notes, due May 28, 2024
Debt Instrument [Line Items]
Debt interest rate	3.95%
Total debt	$ 350		0
Fixed-rate debt | 3.832% notes, due April 27, 2025
Debt Instrument [Line Items]
Debt interest rate	3.832%
Total debt	$ 600		600
Fixed-rate debt | 7.0% debentures, due January 15, 2026
Debt Instrument [Line Items]
Debt interest rate	7.00%
Total debt	$ 100		100
Fixed-rate debt | 3.85% notes, due December 15, 2026
Debt Instrument [Line Items]
Debt interest rate	3.85%
Total debt	$ 550		0
Fixed-rate debt | 6.35% debentures, due February 1, 2028
Debt Instrument [Line Items]
Debt interest rate	6.35%
Total debt	$ 26		26
Fixed-rate debt | 4.40% notes, due June 15, 2028
Debt Instrument [Line Items]
Debt interest rate	4.40%
Total debt	$ 1,850		850
Fixed-rate debt | 4.854% notes, due April 27, 2035
Debt Instrument [Line Items]
Debt interest rate	4.854%
Total debt	$ 400		400
Fixed-rate debt | 6.15% notes, due December 15, 2040
Debt Instrument [Line Items]
Debt interest rate	6.15%
Total debt	$ 300		300
Fixed-rate debt | 5.054% notes, due April 27, 2045
Debt Instrument [Line Items]
Debt interest rate	5.054%
Total debt	$ 500		500
Other
Debt Instrument [Line Items]
Total debt	$ 50		$ 17

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($) $ in Millions	Sep. 27, 2019	Jun. 29, 2019	Jun. 28, 2019
Potential Maturities of Long-term Debt
Next twelve months	$ 656
Year two	656
Year three	6
Year four	806
Year five	355
Thereafter	4,347
Debt Instrument [Line Items]
Fair value of debt on a combined basis	6,963		$ 3,419
Premium on debt on a combined basis	$ 163		$ 0
Senior Unsecured Debt
Debt Instrument [Line Items]
Fair value of debt on a combined basis		$ 3,520
Premium on debt on a combined basis		$ 171

Debt - Debt Exchange (Details)

Debt - Debt Exchange (Details) $ in Millions	Jul. 02, 2019USD ($)day	Jul. 01, 2019USD ($)	Sep. 27, 2019USD ($)	Jun. 29, 2019USD ($)	Jun. 28, 2019USD ($)
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of Remaining L3 Notes			$ 6,963		$ 3,419
Senior Unsecured Debt
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of Remaining L3 Notes				$ 3,520
Senior Unsecured Debt | L3Harris
Debt Instrument, Redemption [Line Items]
Debt exchange to cash conversion ratio	1,000
Aggregate Principal Amount of L3 Notes (prior to debt exchange)	$ 3,350
Aggregate Principal Amount of New L3Harris Notes Issued	$ 3,021
Days in registered exchange offer period | day	365
Debt special additional interest rate percentage per year	0.25%
Days in registered exchange offer period following date of default | day	90
Senior Unsecured Debt | L3Harris | Minimum
Debt Instrument, Redemption [Line Items]
Debt special additional interest rate percentage per year	0.25%
Senior Unsecured Debt | L3Harris | Maximum
Debt Instrument, Redemption [Line Items]
Debt special additional interest rate percentage per year	0.50%
Senior Unsecured Debt | L3
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of L3 Notes (prior to debt exchange)		$ 3,350
Aggregate Principal Amount of Remaining L3 Notes	$ 329
Senior Unsecured Debt | L3 | L3Harris
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of Remaining L3 Notes	$ 329
Senior Unsecured Debt | 4.95% notes due February 15, 2021 (“4.95% 2021 Notes”) | L3Harris
Debt Instrument, Redemption [Line Items]
Debt exchange converted interest rate	4.95%
Aggregate Principal Amount of New L3Harris Notes Issued	$ 501
Debt interest rate	4.95%
Interest rate margin	0.25%
Senior Unsecured Debt | 4.95% notes due February 15, 2021 (“4.95% 2021 Notes”) | L3
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of L3 Notes (prior to debt exchange)		650
Aggregate Principal Amount of Remaining L3 Notes	$ 149
Senior Unsecured Debt | 3.85% notes due June 15, 2023 (“3.85% 2023 Notes”) | L3Harris
Debt Instrument, Redemption [Line Items]
Debt exchange converted interest rate	3.85%
Aggregate Principal Amount of New L3Harris Notes Issued	$ 741
Debt interest rate	3.85%
Debt instrument redemption price percentage	1.00%
Interest rate margin	0.20%
Senior Unsecured Debt | 3.85% notes due June 15, 2023 (“3.85% 2023 Notes”) | L3
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of L3 Notes (prior to debt exchange)		800
Aggregate Principal Amount of Remaining L3 Notes	$ 59
Senior Unsecured Debt | 3.95% notes due May 28, 2024 (“3.95% 2024 Notes”) | L3Harris
Debt Instrument, Redemption [Line Items]
Debt exchange converted interest rate	3.95%
Aggregate Principal Amount of New L3Harris Notes Issued	$ 326
Debt interest rate	3.95%
Senior Unsecured Debt | 3.95% notes due May 28, 2024 (“3.95% 2024 Notes”) | L3
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of L3 Notes (prior to debt exchange)		350
Aggregate Principal Amount of Remaining L3 Notes	$ 24
Senior Unsecured Debt | 3.85% notes due December 15, 2026 (“3.85% 2026 Notes”) | L3Harris
Debt Instrument, Redemption [Line Items]
Debt exchange converted interest rate	3.85%
Aggregate Principal Amount of New L3Harris Notes Issued	$ 535
Debt interest rate	3.85%
Senior Unsecured Debt | 3.85% notes due December 15, 2026 (“3.85% 2026 Notes”) | L3
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of L3 Notes (prior to debt exchange)		550
Aggregate Principal Amount of Remaining L3 Notes	$ 15
Senior Unsecured Debt | 4.40% notes due June 15, 2028 (“4.40% 2028 Notes”) | L3Harris
Debt Instrument, Redemption [Line Items]
Debt exchange converted interest rate	4.40%
Aggregate Principal Amount of New L3Harris Notes Issued	$ 918
Debt interest rate	4.40%
Senior Unsecured Debt | 4.40% notes due June 15, 2028 (“4.40% 2028 Notes”) | L3
Debt Instrument, Redemption [Line Items]
Aggregate Principal Amount of L3 Notes (prior to debt exchange)		$ 1,000
Aggregate Principal Amount of Remaining L3 Notes	$ 82

Postretirement Benefit Plans -

Postretirement Benefit Plans - Components of Net Periodic Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Pension
Net periodic benefit income
Service cost	$ 21	$ 9
Interest cost	76	52
Expected return on plan assets	(157)	(95)
Amortization of net actuarial gain	0	0
Net periodic benefit income	(60)
Effect of curtailments or settlements	5
Total net periodic benefit income	(55)	(34)
Other Benefits
Net periodic benefit income
Service cost	1	0
Interest cost	2	2
Expected return on plan assets	(5)	(4)
Amortization of net actuarial gain	(1)	(2)
Net periodic benefit income	(3)
Effect of curtailments or settlements	0
Total net periodic benefit income	$ (3)	$ (4)

Postretirement Benefit Plans _2

Postretirement Benefit Plans - Additional Information (Details)	3 Months Ended
	Sep. 27, 2019USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Expected future employer contributions during the next fiscal year	$ 0
Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Qualified employer contribution	327,000,000
Pension | U.S.
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Voluntary employer contribution	$ 302,000,000

Income From Continuing Operat_3

Income From Continuing Operations Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Earnings Per Share [Abstract]
Income from continuing operations	$ 429	$ 216
Adjustments for participating securities outstanding	0	(1)
Income from continuing operations used in per basic and diluted common share calculations (A)	$ 429	$ 215
Basic weighted average common shares outstanding (B) (in shares)	222,600,000	117,900,000
Impact of dilutive share-based awards (in shares)	2,800,000	2,700,000
Diluted weighted average common shares outstanding (C) (in shares)	225,400,000	120,600,000
Income from continuing operations per basic common share (A)/(B) (in dollars per share)	$ 1.93	$ 1.82
Income from continuing operations per diluted common share (A)/(C) (in dollars per share)	$ 1.90	$ 1.78
Weighted average anti-dilutive employee stock options outstanding (in shares)	470,983	160,167

Research and Development (Detai

Research and Development (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Research and Development [Abstract]
Company-sponsored research and development costs	$ 149	$ 72

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 27, 2019	Jun. 28, 2019
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 45
Additional operating lease commitments not yet commenced	$ 279
Rent expense		$ 73
Minimum
Lessee, Lease, Description [Line Items]
Term of contract for lease commitments not yet commenced	5 years
Maximum
Lessee, Lease, Description [Line Items]
Term of contract for lease commitments not yet commenced	25 years

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) $ in Millions	Sep. 27, 2019USD ($)
Leases [Abstract]
Operating lease right-of-use assets	$ 934
Other accrued items	129
Operating lease liabilities	831
Total operating lease liabilities	$ 960

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) $ in Millions	3 Months Ended
	Sep. 27, 2019USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 43
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 14
Weighted average remaining lease term — operating leases (in years)	9 years 4 months 24 days
Weighted average discount rate — operating leases	3.30%

Leases - Future Lease Payments

Leases - Future Lease Payments Under Non-cancelable Leases (Details) $ in Millions	Sep. 27, 2019USD ($)
Leases [Abstract]
Quarter ended January 3, 2020	$ 49
Year 1	162
Year 2	135
Year 3	124
Year 4	104
Thereafter	548
Total future lease payments required	1,122
Less: imputed interest	162
Total	$ 960

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments for Operating Leases Under ASC 840 (Details) $ in Millions	Jun. 28, 2019USD ($)
Leases [Abstract]
Year 1	$ 68
Year 2	62
Year 3	47
Year 4	40
Year 5	32
Thereafter	64
Total minimum lease payments required	$ 313

Non-Operating Income (Details)

Non-Operating Income (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Nonoperating Income (Expense) [Abstract]
Pension adjustment	$ 80	$ 47
Other	(1)	0
Non-operating income	$ 79	$ 47

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018	Jun. 28, 2019
Income Tax Disclosure [Abstract]
Effective tax rate	1.10%	16.00%
Unrecognized tax benefits	$ 384		$ 204
Unrecognized tax benefits that would favorably impact future tax rates	324
Accrued interest and penalties related to unrecognized benefits	29
Accrued interest and penalties related to unrecognized benefits that could favorably impact future tax rates	$ 29

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Details) $ in Millions	3 Months Ended
	Sep. 27, 2019USD ($)
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of period	$ 204
Additions based on tax positions taken during the period	12
Additions based on tax positions taken during prior periods	11
Additions for tax positions related to acquired entities	169
Decreases based on tax positions taken during prior periods	0
Decreases from lapse in statutes of limitations	(12)
Balance at end of period	$ 384

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured on a Recurring Basis (Details) - Fair Value - USD ($) $ in Millions	Sep. 27, 2019	Jun. 28, 2019
Assets
Deferred compensation plan assets	$ 54	$ 127
Derivatives (foreign currency forward contracts)	4	0
Total assets measured at fair value	58	127
Liabilities
Deferred compensation plan liabilities	59	157
Derivatives (foreign currency forward contracts)	12	0
Derivatives (treasury lock contracts)	107	26
Total liabilities measured at fair value	178	183
Equity securities and mutual funds
Liabilities
Deferred compensation plan liabilities	3	25
Equity and fixed income securities
Assets
Deferred compensation plan assets	0	38
Level 1
Assets
Deferred compensation plan assets	0	38
Derivatives (foreign currency forward contracts)	0	0
Total assets measured at fair value	0	38
Liabilities
Deferred compensation plan liabilities	3	25
Derivatives (foreign currency forward contracts)	0	0
Derivatives (treasury lock contracts)	0	0
Total liabilities measured at fair value	3	25
Level 1 | Equity securities and mutual funds
Liabilities
Deferred compensation plan liabilities	3	25
Level 1 | Equity and fixed income securities
Assets
Deferred compensation plan assets	0	38
Level 2
Assets
Deferred compensation plan assets	0	0
Derivatives (foreign currency forward contracts)	4	0
Total assets measured at fair value	4	0
Liabilities
Deferred compensation plan liabilities	0	0
Derivatives (foreign currency forward contracts)	12	0
Derivatives (treasury lock contracts)	107	26
Total liabilities measured at fair value	119	26
Level 2 | Equity securities and mutual funds
Liabilities
Deferred compensation plan liabilities	0	0
Level 2 | Equity and fixed income securities
Assets
Deferred compensation plan assets	0	0
Investments measured at NAV
Assets
Deferred compensation plan assets	54	89
Investments measured at NAV | Common/collective trusts and guaranteed investment contracts
Liabilities
Deferred compensation plan liabilities	56	132
Investments measured at NAV | Equity securities and mutual funds
Assets
Deferred compensation plan assets	26	61
Investments measured at NAV | Corporate-owned life insurance
Assets
Deferred compensation plan assets	$ 28	$ 28

Fair Value Measurements - Signi

Fair Value Measurements - Significant Financial Instruments Not Measured at Fair Value (Details) - USD ($) $ in Millions	Sep. 27, 2019	Jun. 28, 2019
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt (including current portion)	$ 6,963	$ 3,419
Fair Value | Level 2 | Market Approach
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt (including current portion)	$ 7,536	$ 3,802

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Additional Information (Details)	3 Months Ended
	Sep. 27, 2019USD ($)contract	Sep. 28, 2018USD ($)	Jun. 28, 2019USD ($)	Jan. 31, 2019USD ($)
Derivative [Line Items]
Pre-tax loss from cash flow hedges recognized in other comprehensive income	$ 38,000,000	$ (1,000,000)
Debt outstanding principal amount	6,826,000,000		$ 3,443,000,000
Accumulated other comprehensive loss	756,000,000		707,000,000
2.7% notes, due April 27, 2020 | 10-year U.S. Treasury Rate
Derivative [Line Items]
Debt outstanding principal amount				$ 400,000,000
Debt interest rate				2.70%
4.95% notes, due February 15, 2021 | 10-year U.S. Treasury Rate
Derivative [Line Items]
Debt outstanding principal amount				$ 650,000,000
Debt interest rate				4.95%
Fair Value Hedge | Foreign currency forward contracts
Derivative [Line Items]
Derivative outstanding	0
Amount recognized in earnings from hedged related to commitment not qualifying as foreign currency fair value hedge	0	$ 0
Cash Flow Hedges | Foreign currency forward contracts
Derivative [Line Items]
Derivative outstanding	401,000,000		0
Pre-tax loss from cash flow hedges recognized in other comprehensive income	4,000,000
Pre-tax loss reclassified into earnings as a result of discontinuance of cash flow hedge accounting	1,000,000
Estimated amount of existing losses to be reclassified into earnings within the next 12 months	3,000,000
Cash Flow Hedges | Treasury locks
Derivative [Line Items]
Derivative outstanding	$ 1,050,000,000
Number of open derivative contracts | contract	3
Fair value of derivative liability	$ 107,000,000
Accumulated other comprehensive loss	54,000,000		$ 20,000,000
Cash Flow Hedges | Treasury locks | L3Harris
Derivative [Line Items]
Derivative outstanding	$ 650,000,000
Number of open derivative contracts | contract	2
Fair value of derivative liability	$ 35,000,000

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Fair Value of Derivative Instruments in Condensed Consolidated Balance Sheet (Details) - Derivatives designated as hedging instruments - Foreign currency forward contracts - Cash Flow Hedges $ in Millions	Sep. 27, 2019USD ($)
Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Asset	$ 3
Other Non-Current Assets
Derivatives, Fair Value [Line Items]
Derivative Asset	1
Other Accrued Items
Derivatives, Fair Value [Line Items]
Derivative Liability	6
Other Long-Term Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liability	$ 6

Changes in Estimates (Details)

Changes in Estimates (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Change in Accounting Estimate [Line Items]
Revenue recognized from performance obligations satisfied in prior periods	$ 73	$ 7
Contracts Accounted for under Percentage of Completion
Change in Accounting Estimate [Line Items]
Operating income (loss)	62	(3)
Operating income (loss), net of tax	$ 46	$ (2)
Operating income (loss), per diluted share (in dollars per share)	$ 0.20	$ (0.02)

Backlog (Details)

Backlog (Details) $ in Billions	3 Months Ended
	Sep. 27, 2019USD ($)
Revenue from Contract with Customer [Abstract]
Revenue performance obligation period	3 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-09-28
Revenue from Contract with Customer [Abstract]
Expected timing of satisfaction period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Backlog	$ 20.3
Remaining performance obligation percentage	50.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-09-28
Revenue from Contract with Customer [Abstract]
Expected timing of satisfaction period	2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation percentage	50.00%

Business Segment Information -

Business Segment Information - Additional Information (Details)	3 Months Ended
	Sep. 27, 2019segment
Segment Reporting [Abstract]
Number of operating segments	4
Number of reportable segments	4

Business Segment Information _2

Business Segment Information - Revenues and Income From Continuing Operations by Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Segment Reporting Information [Line Items]
Revenue	$ 4,431	$ 1,542
Income From Continuing Operations Before Income Taxes
Other business activities and non-reportable business segments	(1)	0
Gain on sale of business	229	0
Non-operating income	79	47
Income from continuing operations before income taxes	440	257
L3Harris
Segment Reporting Information [Line Items]
Revenue		1,542
Income From Continuing Operations Before Income Taxes
Amortization of acquisition-related intangibles	(125)
Additional cost of sales related to fair value step-up in inventory sold	92
Exelis
Income From Continuing Operations Before Income Taxes
Amortization of acquisition-related intangibles		(29)
Other non-reportable business segments
Segment Reporting Information [Line Items]
Revenue	23	39
Operating segments | Integrated Mission Systems
Segment Reporting Information [Line Items]
Revenue	1,303	12
Income From Continuing Operations Before Income Taxes
Segment operating income	180	2
Operating segments | Space and Airborne Systems
Segment Reporting Information [Line Items]
Revenue	1,162	840
Income From Continuing Operations Before Income Taxes
Segment operating income	226	156
Operating segments | Communication Systems
Segment Reporting Information [Line Items]
Revenue	1,032	480
Income From Continuing Operations Before Income Taxes
Segment operating income	234	137
Operating segments | Aviation Systems
Segment Reporting Information [Line Items]
Revenue	948	172
Income From Continuing Operations Before Income Taxes
Segment operating income	127	24
Corporate eliminations
Segment Reporting Information [Line Items]
Revenue	(37)	(1)
Segment reconciling items
Income From Continuing Operations Before Income Taxes
Other business activities and non-reportable business segments	(93)	6
Merger, acquisition and divestiture-related expenses and losses	(281)	0
Amortization of acquisition-related intangibles	(123)	(25)
Gain on sale of business	229	0
Pension adjustment	(80)	(47)
Non-operating income	79	47
Net interest expense	(58)	(43)
Gain on sale of asset group	12
Segment reconciling items | Restatement Adjustment
Income From Continuing Operations Before Income Taxes
Non-cash cumulative adjustment to lease expense	12
Segment reconciling items | L3Harris
Income From Continuing Operations Before Income Taxes
Amortization of acquisition-related intangibles	(98)
Additional cost of sales related to fair value step-up in inventory sold	92
Segment reconciling items | Exelis
Income From Continuing Operations Before Income Taxes
Amortization of acquisition-related intangibles	$ (25)	$ (25)

Business Segment Information _3

Business Segment Information - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 27, 2019	Sep. 28, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 4,431	$ 1,542
Integrated Mission Systems | Transferred Over Time
Disaggregation of Revenue [Line Items]
Revenue	1,303	12
Integrated Mission Systems | Transferred Over Time | United States
Disaggregation of Revenue [Line Items]
Revenue	1,074	9
Integrated Mission Systems | Transferred Over Time | International
Disaggregation of Revenue [Line Items]
Revenue	229	3
Integrated Mission Systems | Transferred Over Time | Fixed-price
Disaggregation of Revenue [Line Items]
Revenue	1,021	12
Integrated Mission Systems | Transferred Over Time | Cost-reimbursable
Disaggregation of Revenue [Line Items]
Revenue	282	0
Integrated Mission Systems | Transferred Over Time | Prime contractor
Disaggregation of Revenue [Line Items]
Revenue	890	6
Integrated Mission Systems | Transferred Over Time | Subcontractor
Disaggregation of Revenue [Line Items]
Revenue	413	6
Space and Airborne Systems | Transferred Over Time
Disaggregation of Revenue [Line Items]
Revenue	1,162	840
Space and Airborne Systems | Transferred Over Time | United States
Disaggregation of Revenue [Line Items]
Revenue	1,015	714
Space and Airborne Systems | Transferred Over Time | International
Disaggregation of Revenue [Line Items]
Revenue	147	126
Space and Airborne Systems | Transferred Over Time | Fixed-price
Disaggregation of Revenue [Line Items]
Revenue	691	473
Space and Airborne Systems | Transferred Over Time | Cost-reimbursable
Disaggregation of Revenue [Line Items]
Revenue	471	367
Space and Airborne Systems | Transferred Over Time | Prime contractor
Disaggregation of Revenue [Line Items]
Revenue	697	510
Space and Airborne Systems | Transferred Over Time | Subcontractor
Disaggregation of Revenue [Line Items]
Revenue	465	330
Communication Systems | Transferred at Point in Time and Over Time
Disaggregation of Revenue [Line Items]
Revenue	1,032	480
Communication Systems | Transferred at Point in Time and Over Time | United States
Disaggregation of Revenue [Line Items]
Revenue	721	221
Communication Systems | Transferred at Point in Time and Over Time | International
Disaggregation of Revenue [Line Items]
Revenue	311	259
Communication Systems | Transferred at Point in Time and Over Time | Fixed-price
Disaggregation of Revenue [Line Items]
Revenue	875
Communication Systems | Transferred at Point in Time and Over Time | Cost-reimbursable
Disaggregation of Revenue [Line Items]
Revenue	157
Communication Systems | Transferred at Point in Time and Over Time | Prime contractor
Disaggregation of Revenue [Line Items]
Revenue	679
Communication Systems | Transferred at Point in Time and Over Time | Subcontractor
Disaggregation of Revenue [Line Items]
Revenue	353
Aviation Systems | Transferred at Point in Time and Over Time
Disaggregation of Revenue [Line Items]
Revenue	948	172
Aviation Systems | Transferred at Point in Time and Over Time | United States
Disaggregation of Revenue [Line Items]
Revenue	724	162
Aviation Systems | Transferred at Point in Time and Over Time | International
Disaggregation of Revenue [Line Items]
Revenue	224	10
Aviation Systems | Transferred at Point in Time and Over Time | Fixed-price
Disaggregation of Revenue [Line Items]
Revenue	784	152
Aviation Systems | Transferred at Point in Time and Over Time | Cost-reimbursable
Disaggregation of Revenue [Line Items]
Revenue	164	20
Aviation Systems | Transferred at Point in Time and Over Time | Prime contractor
Disaggregation of Revenue [Line Items]
Revenue	584	168
Aviation Systems | Transferred at Point in Time and Over Time | Subcontractor
Disaggregation of Revenue [Line Items]
Revenue	$ 364	$ 4

Business Segment Information _4

Business Segment Information - Total Assets by Segment (Details) - USD ($) $ in Millions	Sep. 27, 2019	Jun. 28, 2019
Segment Reporting Information [Line Items]
Assets	$ 38,947	$ 10,117
Identifiable intangibles assets acquired	7,516	870
Corporate
Segment Reporting Information [Line Items]
Assets	9,646	2,284
Corporate | Exelis and L3Harris
Segment Reporting Information [Line Items]
Identifiable intangibles assets acquired	7,500
Corporate | Exelis
Segment Reporting Information [Line Items]
Identifiable intangibles assets acquired		869
Integrated Mission Systems
Segment Reporting Information [Line Items]
Assets	8,666	87
Space and Airborne Systems
Segment Reporting Information [Line Items]
Assets	6,767	5,027
Communication Systems
Segment Reporting Information [Line Items]
Assets	5,145	1,683
Aviation Systems
Segment Reporting Information [Line Items]
Assets	$ 8,723	$ 1,036

Legal Proceedings and Conting_2

Legal Proceedings and Contingencies (Details) - Exelis - Passaic River Alaska $ in Millions	Mar. 31, 2016party	Sep. 27, 2019USD ($)
Loss Contingencies [Line Items]
Number of potentially responsible parties notified (over 100) | party	100
Estimated cost for all participating parties of EPA's preferred alternative | $		$ 1,380