What is L3Harris Technologies's communication systems — goodwill, acquired during period?

L3Harris Technologies (LHX) reported communication systems — goodwill, acquired during period of $103.00M in Q2 2023.

Discontinued — last reported Q2 '23

Business Segments · Goodwill, Acquired During Period

Communication Systems — Goodwill, Acquired During Period

L3Harris Technologies Communication Systems — Goodwill, Acquired During Period decreased by 89.8% to $103.00M in Q2 2023 compared to the prior quarter.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityVolatile

First reportedQ1 2015

Last reportedQ2 2023

How to read this metric

An increase indicates active inorganic growth and investment in future capabilities, while a lack of growth may suggest a focus on organic development or limited M&A opportunities.

Detailed definition

Represents the premium paid over the fair value of net identifiable assets during business acquisitions allocated to a s...

Peer comparison

Commonly reported by defense and aerospace peers as 'Goodwill from Acquisitions' or 'Acquisition-related Goodwill'.

Metric ID: lhx_segment_cs_goodwill_acquired_during_period

Historical Data

2 periods

	Q1 '23	Q2 '23
Value	$1.01B	$103.00M
QoQ Change	—	-89.8%

Range$103.00M – $1.01B

Similar Metrics at Other Companies

DanaherDHR View metric

CencoraCOR View metric

General ElectricGE View metric

AccentureACN View metric

Baker HughesBKR View metric

CMC

CMCSVCMCSV View metric

Frequently Asked Questions

What is L3Harris Technologies's communication systems — goodwill, acquired during period?: L3Harris Technologies (LHX) reported communication systems — goodwill, acquired during period of $103.00M in Q2 2023.
What does communication systems — goodwill, acquired during period mean?: The value of goodwill added to a business segment due to new acquisitions during the reporting period.