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L3Harris Technologies LHX FX & Other Adjustments

Discontinued — last reported Q2 '22

FX & Other Adjustments at other companies

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Parsons CorporationPSN

Segments

By segment

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Space & Mission Systems-$4M
Missile Solutions$0

Other financials

Income statement

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Revenue$5.9B+8.4%
Gross profit$1.5B+12.5%
Operating income$654.0M+14.5%
Net income$600.0M+31.0%
EPS (diluted)$3.13+28.3%

Balance sheet

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Cash & equivalents$1.5B+216%
Total debt$12.8B+4.6%
Total equity$19.9B+3.1%
Total assets$42.9B+4.1%

Cash flow

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Operating cash flow$879.0M+37.3%
CapEx$108.0M+22.7%
Free cash flow$771.0M+39.7%

Valuation

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Market cap$53.38B+5.5%
Enterprise value$64.68B+3.7%
P/E28.5×-1.3×
P/S1.4×0.0×

Profitability

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Gross margin25.6%-0.3pp
Operating margin10.3%+0.9pp
Net margin4.8%+0.2pp
FCF margin7.2%+1.4pp

Returns & leverage

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Return on equity9.6%+0.7pp
Debt / equity0.6×0.0×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by L3Harris Technologies in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: L3Harris Technologies’s 10-Q, filed July 29, 2022.

Filed
Jul 28, 2022, 8:00 PM EDT
Fiscal quarter
Q2 FY2022
Calendar quarter
Q3 2022
Accession
0000202058-22-000051
(In millions)Integrated Mission SystemsSpace & Airborne SystemsCommunication SystemsAviation Systems(1)Total
Balance at December 31, 2021 - As Reported$6,485$5,202$4,153$2,349$18,189
Reallocation of goodwill in segment reorganization(1)1,702647(2,349)
Balance at December 31, 2021 - After Reallocation8,1875,8494,15318,189
Currency translation adjustments(13)(33)(46)
Balance at July 1, 2022$8,174$5,816$4,153$18,143

Item 1. Financial Statements (

FAQ

What is L3Harris Technologies's FX & other adjustments?
L3Harris Technologies (LHX) reported FX & other adjustments of -$51M in Q2 2022.

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