Discontinued — last reported Q4 '22

Business Segments · Goodwill

Aviation Systems — Goodwill

Year-over-year, this metric declined by 100.0%, from $2.35B to $0.00.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ2 2019
Last reportedQ4 2022
Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease may indicate impairment or divestitures.

Detailed definition

This represents the premium paid over the fair value of net identifiable assets during the acquisition of businesses wit...

Peer comparison

Common across aerospace and defense firms that utilize M&A to expand technical capabilities.

Metric ID: lhx_segment_aviation_systems_goodwill

Historical Data

8 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22
Value$2.39B$2.36B$2.35B$2.35B$0.00$0.00$0.00$0.00
QoQ Change-1.1%-0.3%-0.2%-100.0%
YoY Change-100.0%-100.0%-100.0%-100.0%
Range$0.00$2.39B
CAGR-100.0%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%
Current Streak7+ quarters decline

Frequently Asked Questions

What is L3Harris Technologies's aviation systems — goodwill?
L3Harris Technologies (LHX) reported aviation systems — goodwill of $0.00 in Q4 2022.
How has L3Harris Technologies's aviation systems — goodwill changed year-over-year?
L3Harris Technologies's aviation systems — goodwill decreased by 100.0% year-over-year, from $2.35B to $0.00.
What does aviation systems — goodwill mean?
The excess purchase price paid for acquired businesses within the Aviation Systems segment.