L3Harris Technologies LHX Contract With Customer, Asset, Net Of Liability, Current
Contract With Customer, Asset, Net Of Liability, Current at other companies
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Where this comes from
Reported directly by L3Harris Technologies in its filing.
Tagged under the XBRL concept hrs:ContractWithCustomerAssetNetOfLiabilityCurrent.
The official record: L3Harris Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is L3Harris Technologies's contract with customer, asset, net of liability, current?
- L3Harris Technologies (LHX) reported contract with customer, asset, net of liability, current of $706M in Q1 2026.
- How has L3Harris Technologies's contract with customer, asset, net of liability, current changed year-over-year?
- L3Harris Technologies's contract with customer, asset, net of liability, current decreased by 50.1% year-over-year, from $1.41B to $706M.
- What is the long-term trend for L3Harris Technologies's contract with customer, asset, net of liability, current?
- Over 5 years (2020 to 2025), L3Harris Technologies's contract with customer, asset, net of liability, current has grown at a 0.5% compound annual growth rate (CAGR), from $1.17B to $1.2B.
- What does contract with customer, asset, net of liability, current mean?
- This metric represents the net position of contract assets and liabilities related to customer agreements expected to be settled within one year. It captures the timing difference between revenue recognition under accounting standards and the actual billing or cash collection from customers.