L3Harris balance sheet

At the end of fiscal 2024, L3Harris had total assets of $42.00bn, total liabilities of $22.42bn and shareholders' equity of $19.51bn. It held $615m in cash against $12.24bn of debt.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

L3Harris: balance sheet, annual
Fiscal year	2008Jun 2008	2009Jul 2009	2010Jul 2010	2011Jul 2011	2012Jun 2012	2013Jun 2013	2014Jun 2014	2015Jul 2015	2016Jul 2016	2017Jun 2017	2018Jun 2018	2019Jun 2019	2020Jan 2021	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Jan 2025	LTMOct 2026
Cash and equivalents	—	—	—	—	—	—	—	—	—	—	—	—	1.3	0.9	0.9	0.6	0.6	2.5
Receivables	—	0.8	0.7	0.8	0.8	0.7	0.6	1.2	0.7	0.4	0.5	0.5	1.3	1.0	1.3	1.2	1.1	1.6
Inventory	—	0.6	0.6	0.7	0.6	0.7	0.6	1.0	0.9	0.4	0.4	0.4	1.0	1.0	1.3	1.5	1.3	1.3
Total current assets	—	1.9	2.0	2.2	2.6	1.9	2.0	3.2	2.6	2.1	2.2	2.6	6.7	6.4	6.8	8.1	8.2	10.6
Goodwill	1.3	1.5	1.6	2.4	1.7	1.7	1.7	5.4	5.4	5.4	5.4	5.3	18.9	18.2	17.3	20.0	20.3	20.0
Total assets	—	4.5	4.7	6.2	5.6	4.8	4.9	13.1	12.0	10.1	9.9	10.1	37.0	34.7	33.5	41.7	42.0	43.8
Accounts payable	—	0.4	0.3	0.5	0.4	0.3	0.3	0.6	0.5	0.5	0.6	0.5	1.4	1.8	1.9	2.1	2.0	2.2
Deferred revenue (current)	—	—	—	—	—	—	—	—	—	0.3	0.4	0.5	1.2	1.3	1.4	1.9	2.1	3.1
Total current liabilities	—	1.1	1.1	1.4	1.4	1.3	1.1	2.3	2.0	2.0	1.9	2.3	4.2	4.6	5.8	8.0	7.6	8.8
Short-term debt	—	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	0.1	0.4	0.6	0.1	0.1	0.0	0.0	0.0	1.6	0.5	—
Long-term debt	—	1.2	1.2	1.9	1.9	1.6	1.6	5.1	4.1	3.4	3.4	2.8	6.9	7.0	6.2	11.2	11.1	9.2
Total debt	0.0	1.3	1.2	2.1	2.0	1.7	1.6	5.2	4.5	4.0	3.8	3.5	7.0	7.1	7.0	13.1	12.2	11.0
Total liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	14.9	22.9	22.4	22.6
Shareholders' equity	2.6	1.9	2.2	2.5	1.9	1.6	1.8	3.4	3.1	2.9	3.3	3.4	20.7	19.2	18.5	18.8	19.5	20.2
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.0
Shares outstanding	—	131m	127m	123m	112m	107m	106m	124m	125m	120m	118m	119m	208m	194m	191m	190m	190m	186m

US$ billions unless shown otherwise. Fiscal quarters.

L3Harris: balance sheet, quarterly
Quarter	2024 Q4Jan 2025	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Oct 2025	2025 Q4Jan 2026	2026 Q1Apr 2026	2026 Q2Jul 2026	2026 Q3Oct 2026
Receivables	1.1	1.5	1.4	1.5	1.4	1.9	2.0	1.6
Inventory	1.3	1.3	1.3	1.3	1.2	1.2	1.3	1.3
Total current assets	8.2	7.6	7.6	7.6	8.6	8.9	10.1	10.6
Goodwill	20.3	20.3	20.4	20.4	20.0	20.0	20.0	20.0
Total assets	42.0	41.2	41.2	41.0	41.2	41.4	42.9	43.8
Accounts payable	2.0	2.0	2.0	1.9	2.5	1.9	2.1	2.2
Deferred revenue (current)	2.1	2.1	2.3	2.2	2.3	2.7	2.9	3.1
Total current liabilities	7.6	7.4	7.3	6.6	7.2	8.6	8.5	8.8
Short-term debt	0.5	0.5	1.0	0.7	0.0	0.4	—	—
Long-term debt	11.1	11.0	11.0	11.0	10.4	9.2	9.2	9.2
Total debt	11.6	11.5	12.0	11.7	10.4	9.5	9.2	9.2
Total liabilities	22.4	22.1	22.0	21.5	21.6	21.7	22.1	22.6
Shareholders' equity	19.5	19.1	19.3	19.5	19.6	19.7	19.9	20.2
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	1.0	1.0
Shares outstanding	190m	188m	187m	187m	187m	187m	186m	186m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from L3Harris's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to L3Harris.