L3Harris Technologies, Inc. (LHX) quarterly balance sheet — complete assets, liabilities & equity history
L3Harris Technologies, Inc. (LHX) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 10.57B | 10.08B | 8.89B | 8.59B | 7.59B | 7.61B | 7.6B | 8.22B | 8.3B | 8.05B | 8.27B | 7.91B | 7.5B | 6.85B | 7B | 6.75B | 6.43B | 6.19B | 6.25B | 6.36B |
| Cash & Short-Term Investments | 3.02B | 1.52B | 590M | 1.07B | 339M | 482M | 517M | 615M | 539M | 547M | 477M | 560M | 499M | 366M | 545M | 880M | 529M | 420M | 402M | 941M |
| Cash Only | 2.47B | 1.52B | 590M | 1.07B | 339M | 482M | 517M | 615M | 539M | 547M | 477M | 560M | 499M | 366M | 545M | 880M | 529M | 420M | 402M | 941M |
| Short-Term Investments | 550M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.64B | 5.62B | 5.44B | 4.99B | 5.49B | 5.39B | 5.35B | 4.68B | 4.77B | 4.44B | 4.71B | 4.43B | 4.9B | 4.59B | 4.55B | 4.28B | 4.32B | 4.29B | 4.45B | 4.16B |
| Days Sales Outstanding | 84.57 | 85.62 | 82.64 | 84.39 | 94.15 | 90.03 | 82.08 | 83.87 | 79.2 | 78.57 | 79.78 | 79.47 | 87.91 | 88.62 | 89.8 | 85.42 | 92.19 | 96.13 | 95.52 | 85.3 |
| Inventory | 1.28B | 1.27B | 1.23B | 1.22B | 1.29B | 1.26B | 1.25B | 1.33B | 1.4B | 1.43B | 1.48B | 1.47B | 1.64B | 1.55B | 1.54B | 1.29B | 1.34B | 1.24B | 1.09B | 982M |
| Days Inventory Outstanding | 26.08 | 26.04 | 25.71 | 27.18 | 29.99 | 27.92 | 28.67 | 32.41 | 33.26 | 33.59 | 34.72 | 35.96 | 40.27 | 40.18 | 38.99 | 36.09 | 38.46 | 36.48 | 32.96 | 29.9 |
| Other Current Assets | 635M | 1.67B | 1.63B | 1.31B | 477M | 481M | 478M | 1.59B | 1.59B | 1.63B | 1.6B | 1.45B | 463M | 334M | 368M | 305M | 224M | 233M | 249M | 272M |
| Total Non-Current Assets | 33.23B | 32.85B | 32.49B | 32.6B | 33.42B | 33.63B | 33.65B | 33.78B | 33.59B | 33.61B | 33.7B | 33.77B | 34.79B | 28.51B | 28.51B | 26.77B | 26.95B | 27.95B | 28.2B | 28.35B |
| Property, Plant & Equipment | 2.83B | 2.69B | 2.66B | 2.67B | 2.76B | 2.74B | 2.75B | 2.81B | 2.79B | 2.8B | 2.84B | 3.6B | 3.58B | 2.91B | 2.89B | 2.86B | 2.85B | 2.8B | 2.85B | 2.87B |
| Fixed Asset Turnover | 2.20x | 2.20x | 2.16x | 2.08x | 2.06x | 1.97x | 1.85x | 1.97x | 1.89x | 1.88x | 1.62x | 1.49x | 1.52x | 1.62x | 1.56x | 1.60x | 1.50x | 1.46x | 1.43x | 1.53x |
| Goodwill | 20B | 20B | 20B | 20.01B | 20.37B | 20.37B | 20.34B | 20.32B | 20.43B | 20.37B | 20.07B | 19.98B | 20.74B | 18.42B | 18.29B | 17.28B | 17.26B | 18.14B | 18.19B | 18.19B |
| Intangible Assets | 6.39B | 6.54B | 6.33B | 6.51B | 7.07B | 7.26B | 7.45B | 7.64B | 7.87B | 8.08B | 8.34B | 8.54B | 9.05B | 6.4B | 6.69B | 6B | 6.15B | 6.32B | 6.49B | 6.64B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 0 | 1M | 2M | 1M |
| Other Non-Current Assets | 3.94B | 3.57B | 3.43B | 3.34B | 3.13B | 3.17B | 2.98B | 2.89B | 2.37B | 2.23B | 2.34B | 1.56B | 1.34B | 699M | 565M | 552M | 604M | 579M | 569M | 565M |
| Total Assets | 43.81B | 42.94B | 41.38B | 41.2B | 41.01B | 41.24B | 41.25B | 42B | 41.89B | 41.66B | 41.82B | 41.69B | 42.29B | 35.36B | 35.51B | 33.52B | 33.38B | 34.14B | 34.44B | 34.71B |
| Asset Turnover | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.13x | 0.12x | 0.13x | 0.13x | 0.13x | 0.12x | 0.13x | 0.13x | 0.13x | 0.13x | 0.14x | 0.13x | 0.12x | 0.12x | 0.12x |
| Asset Growth % | 6.81% | 4.12% | 0.32% | -1.92% | -2.09% | -1% | -1.36% | 0.75% | -0.96% | 17.8% | 17.77% | 24.35% | 26.7% | 3.59% | 3.09% | -3.41% | -4.67% | -5.34% | -5.87% | -6.09% |
| Total Current Liabilities | 8.84B | 8.52B | 8.6B | 7.23B | 6.64B | 7.32B | 7.45B | 7.63B | 7.97B | 8.98B | 8.44B | 8B | 8.48B | 6.31B | 6.15B | 5.78B | 5.85B | 4.88B | 4.74B | 4.55B |
| Accounts Payable | 2.18B | 2.08B | 1.93B | 2.46B | 1.9B | 2.03B | 2.05B | 2B | 2.05B | 1.9B | 2.11B | 2.11B | 2.11B | 2.03B | 2.05B | 1.95B | 2.08B | 1.72B | 1.72B | 1.77B |
| Days Payables Outstanding | 43.65 | 41.72 | 46.01 | 47.24 | 46.29 | 45.38 | 45 | 48.14 | 46.35 | 46.3 | 49.68 | 48.77 | 52.22 | 52.99 | 55.05 | 55.2 | 56.64 | 53.91 | 55.52 | 50.3 |
| Short-Term Debt | 1.81B | 1.81B | 2.17B | 805M | 845M | 1.13B | 1.27B | 1.3B | 1.82B | 2.72B | 2.57B | 2.08B | 2.4B | 943M | 813M | 820M | 1.06B | 264M | 265M | 13M |
| Deferred Revenue (Current) | 3.11B | 2.94B | 2.74B | 2.26B | 2.23B | 2.32B | 2.12B | 2.14B | 1.88B | 1.89B | 1.78B | 1.9B | 1.94B | 1.65B | 1.52B | 1.4B | 1.16B | 1.27B | 1.27B | 1.3B |
| Other Current Liabilities | 1.24B | 1.68B | 1.38B | 1.22B | 1.17B | 1.4B | 1.69B | 1.74B | 1.79B | 688M | 624M | 1.28B | 461M | 389M | 305M | 417M | 349M | 381M | 290M | 444M |
| Current Ratio | 1.20x | 1.18x | 1.03x | 1.19x | 1.14x | 1.04x | 1.02x | 1.08x | 1.04x | 0.90x | 0.98x | 0.99x | 0.88x | 1.09x | 1.14x | 1.17x | 1.10x | 1.27x | 1.32x | 1.40x |
| Quick Ratio | 1.05x | 1.03x | 0.89x | 1.02x | 0.95x | 0.87x | 0.85x | 0.90x | 0.87x | 0.74x | 0.80x | 0.80x | 0.69x | 0.84x | 0.89x | 0.95x | 0.87x | 1.01x | 1.09x | 1.18x |
| Cash Conversion Cycle | 67 | 69.94 | 62.33 | 64.33 | 77.84 | 72.57 | 65.76 | 68.13 | 66.11 | 65.86 | 64.82 | 66.66 | 75.95 | 75.82 | 73.73 | 66.31 | 74.02 | 78.71 | 72.97 | 64.9 |
| Total Non-Current Liabilities | 13.74B | 13.57B | 13.1B | 14.33B | 14.84B | 14.64B | 14.67B | 14.79B | 14.85B | 13.77B | 14.65B | 14.85B | 15.1B | 10.52B | 10.95B | 9.12B | 9.09B | 10.06B | 10.34B | 10.84B |
| Long-Term Debt | 9.18B | 9.18B | 9.19B | 10.44B | 11B | 10.98B | 10.98B | 10.88B | 11.09B | 10.53B | 11.14B | 10.92B | 11.14B | 7.87B | 8.22B | 6.22B | 5.97B | 6.78B | 6.79B | 7.05B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 804M | 0 | 0 | 0 | 948M | 736M | 714M | 735M | 741M | 745M | 756M | 777M | 768M |
| Deferred Tax Liabilities | 1.44B | 1.37B | 1.23B | 1.11B | 1.04B | 800M | 842M | 942M | 885M | 443M | 683M | 815M | 812M | 452M | 570M | 719M | 876M | 1.03B | 1.19B | 1.34B |
| Other Non-Current Liabilities | 3.12B | 3.02B | 2.68B | 2.78B | 2.71B | 2.76B | 2.75B | 2.07B | 2.78B | 2.71B | 2.74B | 2.08B | 2.41B | 1.49B | 1.42B | 1.32B | 1.5B | 1.49B | 1.58B | 1.68B |
| Total Liabilities | 22.58B | 22.09B | 21.7B | 21.56B | 21.48B | 21.96B | 22.12B | 22.42B | 22.83B | 22.75B | 23.09B | 22.86B | 23.58B | 16.83B | 17.1B | 14.9B | 14.94B | 14.95B | 15.08B | 15.39B |
| Total Debt | 11B | 11B | 11.36B | 11.25B | 11.84B | 12.1B | 12.25B | 12.98B | 12.91B | 13.25B | 13.71B | 13.95B | 14.27B | 9.52B | 9.77B | 7.79B | 7.78B | 7.8B | 7.84B | 7.83B |
| Net Debt | 8.53B | 9.48B | 10.77B | 10.18B | 11.5B | 11.62B | 11.73B | 12.37B | 12.37B | 12.71B | 13.23B | 13.39B | 13.77B | 9.16B | 9.22B | 6.91B | 7.25B | 7.38B | 7.43B | 6.89B |
| Debt / Equity | 0.52x | 0.53x | 0.58x | 0.57x | 0.61x | 0.63x | 0.64x | 0.66x | 0.68x | 0.70x | 0.73x | 0.74x | 0.76x | 0.51x | 0.53x | 0.42x | 0.42x | 0.41x | 0.40x | 0.41x |
| Debt / EBITDA | 10.44x | 11.68x | 12.29x | 16.37x | 12.60x | 13.64x | 14.33x | 12.31x | 15.76x | 16.67x | 19.64x | 13.27x | 18.09x | 14.52x | 15.19x | 10.58x | 11.37x | 10.88x | 10.74x | 10.49x |
| Net Debt / EBITDA | 8.10x | 10.06x | 11.65x | 14.82x | 12.24x | 13.10x | 13.73x | 11.73x | 15.11x | 15.98x | 18.96x | 12.74x | 17.46x | 13.96x | 14.34x | 9.38x | 10.60x | 10.30x | 10.18x | 9.23x |
| Interest Coverage | 7.41x | 6.50x | 5.33x | 3.67x | 4.73x | 4.45x | 4.06x | 4.02x | 3.59x | 3.27x | 2.65x | 1.44x | 3.52x | 4.35x | 4.66x | 8.20x | -3.59x | 8.84x | 8.88x | 9.78x |
| Total Equity | 21.23B | 20.85B | 19.68B | 19.64B | 19.53B | 19.28B | 19.13B | 19.58B | 19.06B | 18.9B | 18.73B | 18.83B | 18.72B | 18.53B | 18.41B | 18.62B | 18.44B | 19.19B | 19.37B | 19.32B |
| Equity Growth % | 8.68% | 8.15% | 2.88% | 0.29% | 2.47% | 1.98% | 2.14% | 3.98% | 1.85% | 2.01% | 1.75% | 1.1% | 1.5% | -3.43% | -4.95% | -3.6% | -5.89% | -3.93% | -5.45% | -7.3% |
| Book Value per Share | 113.57 | 110.77 | 104.55 | 104.33 | 104.00 | 102.65 | 101.16 | 102.72 | 100.06 | 99.18 | 98.17 | 98.79 | 98.45 | 97.48 | 96.28 | 96.95 | 96.39 | 98.92 | 99.26 | 98.17 |
| Total Shareholders' Equity | 20.24B | 20.85B | 19.68B | 19.64B | 19.53B | 19.28B | 19.13B | 19.51B | 19B | 18.84B | 18.67B | 18.77B | 18.62B | 18.43B | 18.31B | 18.52B | 18.34B | 19.09B | 19.26B | 19.21B |
| Common Stock | 186M | 186M | 187M | 187M | 187M | 187M | 188M | 190M | 190M | 190M | 189M | 190M | 189M | 189M | 189M | 191M | 191M | 192M | 193M | 194M |
| Retained Earnings | 5.09B | 4.72B | 4.42B | 4.21B | 4.17B | 3.97B | 3.79B | 3.74B | 3.52B | 3.37B | 3.24B | 3.22B | 3.28B | 3.11B | 3B | 2.94B | 2.77B | 3.31B | 3.13B | 2.92B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 90M | 91M | 98M | 119M | 22M | 31M | -14M | 27M | -194M | -234M | -234M | -198M | -321M | -263M | -288M | -288M | -366M | -232M | -150M | -146M |
| Minority Interest | 987M | 0 | 0 | 0 | 0 | 0 | -1M | 65M | 64M | 64M | 64M | 64M | 100M | 103M | 102M | 101M | 102M | 104M | 106M | 106M |