L3Harris Technologies, Inc. (LHX) balance sheet

NYSE · Industrials · Aerospace & Defense · 45,000 employees · CEO Sam Mehta

Price: $277.61 -0.29%
Market cap: $51.7B
Enterprise value: $60.2B
Last report: Q3 '26 filed 2026-10-29
Next report: 2027-01-28 EPS est. $3.13

At the end of Q3 '26 L3Harris Technologies, Inc. (LHX) held $3.02B in cash and short-term investments against $11B of debt incl. leases. Total assets $43.8B, total liabilities $22.6B, shareholders' equity $20.2B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$560M	$477M	$547M	$539M	$615M	$517M	$482M	$339M	$1.07B	$590M	$1.52B	$2.47B
Short-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$550M
Receivables	$4.43B	$4.71B	$4.44B	$4.77B	$4.68B	$5.35B	$5.39B	$5.49B	$4.99B	$5.44B	$5.62B	$5.64B
Inventory	$1.47B	$1.48B	$1.43B	$1.4B	$1.33B	$1.25B	$1.26B	$1.29B	$1.22B	$1.23B	$1.27B	$1.28B
Other current assets	$1.45B	$1.6B	$1.63B	$1.59B	$1.59B	$478M	$481M	$477M	$1.32B	$1.63B	$1.67B	$635M
Current assets	$7.91B	$8.27B	$8.05B	$8.3B	$8.22B	$7.6B	$7.61B	$7.59B	$8.59B	$8.89B	$10.1B	$10.6B
Property, plant & equipment (net)	$3.61B	$2.84B	$2.8B	$2.8B	$2.81B	$2.76B	$2.74B	$2.76B	$2.67B	$2.66B	$2.69B	$2.83B
Goodwill	$20B	$20.1B	$20.4B	$20.4B	$20.3B	$20.3B	$20.4B	$20.4B	$20B	$20B	$20B	$20B
Intangible assets	$8.54B	$8.34B	$8.08B	$7.87B	$7.64B	$7.45B	$7.26B	$7.07B	$6.51B	$6.33B	$6.54B	$6.39B
Deferred tax assets	$91M	$113M	$134M	$119M	$120M	$128M	$89M	$87M	$76M	$71M	$65M	$72M
Other non-current assets	$1.56B	$2.34B	$2.23B	$2.37B	$2.89B	$2.98B	$3.17B	$3.13B	$3.34B	$3.43B	$3.57B	$3.94B
Non-current assets	$33.8B	$33.7B	$33.6B	$33.6B	$33.8B	$33.7B	$33.6B	$33.4B	$32.6B	$32.5B	$32.9B	$33.2B
Total assets	$41.7B	$41.8B	$41.7B	$41.9B	$42B	$41.2B	$41.2B	$41B	$41.2B	$41.4B	$42.9B	$43.8B
Liabilities
Accounts payable	$2.11B	$2.11B	$1.9B	$2.05B	$2.01B	$2.05B	$2.03B	$1.9B	$2.46B	$1.93B	$2.09B	$2.18B
Accrued expenses	$544M	$1.17B	$1.52B	$402M	$419M	$314M	$444M	$486M	$482M	$391M	$0	$500M
Short-term debt	$2.09B	$2.57B	$2.72B	$1.82B	$1.3B	$1.28B	$1.13B	$845M	$805M	$2.17B	$1.82B	$1.82B
Taxes payable	$88M	$182M	$274M	$35M	$29M	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$1.9B	$1.78B	$1.89B	$1.88B	$2.14B	$2.12B	$2.32B	$2.23B	$2.26B	$2.74B	$2.94B	$3.11B
Other current liabilities	$1.28B	$624M	$688M	$1.79B	$1.74B	$1.69B	$1.4B	$1.17B	$1.22B	$1.38B	$1.68B	$1.24B
Current liabilities	$8B	$8.44B	$8.98B	$7.97B	$7.63B	$7.45B	$7.32B	$6.64B	$7.23B	$8.6B	$8.52B	$8.84B
Long-term debt	$10.9B	$11.1B	$10.5B	$11.1B	$10.9B	$11B	$11B	$11B	$10.4B	$9.19B	$9.18B	$9.18B
Lease obligations (non-current)	$948M	$0	$0	$0	$804M	$0	$0	$0	$0	$0	$0	$0
Deferred revenue (non-current)	$94M	$88M	$83M	$93M	$91M	$105M	$103M	$94M	$0	$0	$0	$0
Deferred tax liabilities	$815M	$683M	$443M	$885M	$942M	$842M	$800M	$1.04B	$1.11B	$1.23B	$1.37B	$1.44B
Other non-current liabilities	$2.08B	$2.74B	$2.71B	$2.78B	$2.07B	$2.75B	$2.76B	$2.71B	$2.78B	$2.68B	$3.02B	$3.12B
Non-current liabilities	$14.9B	$14.6B	$13.8B	$14.9B	$14.8B	$14.7B	$14.6B	$14.8B	$14.3B	$13.1B	$13.6B	$13.7B
Total liabilities	$22.9B	$23.1B	$22.8B	$22.8B	$22.4B	$22.1B	$22B	$21.5B	$21.6B	$21.7B	$22.1B	$22.6B
Equity
Common stock & paid-in capital	$190M	$189M	$190M	$190M	$190M	$188M	$187M	$187M	$187M	$187M	$186M	$186M
Retained earnings	$3.22B	$3.24B	$3.37B	$3.52B	$3.74B	$3.79B	$3.97B	$4.17B	$4.21B	$4.42B	$4.72B	$5.09B
Accumulated other comprehensive income	-$198M	-$234M	-$234M	-$194M	$27M	-$14M	$31M	$22M	$119M	$98M	$91M	$90M
Shareholders' equity	$18.8B	$18.7B	$18.8B	$19B	$19.5B	$19.1B	$19.3B	$19.5B	$19.6B	$19.7B	$20.9B	$20.2B
Debt
Total debt (incl. leases)	$14B	$13.7B	$13.3B	$12.9B	$13B	$12.3B	$12.1B	$11.8B	$11.2B	$11.4B	$11B	$11B
Net debt (debt - cash)	$13.4B	$13.2B	$12.7B	$12.4B	$12.4B	$11.7B	$11.6B	$11.5B	$10.2B	$10.8B	$9.48B	$8.53B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$484M	$422M	$530M	$824M	$1.28B	$941M	$880M	$560M	$615M	$1.07B
Receivables	$647M	$666M	$1.46B	$3.88B	$4.08B	$4.16B	$4.28B	$4.43B	$4.68B	$4.99B
Inventory	$841M	$942M	$360M	$1.22B	$973M	$982M	$1.29B	$1.47B	$1.33B	$1.22B
Other current assets	$101M	$102M	$1.23B	$392M	$281M	$272M	$305M	$1.45B	$1.59B	$1.32B
Current assets	$2.07B	$2.13B	$2.58B	$6.31B	$6.67B	$6.36B	$6.75B	$7.91B	$8.22B	$8.59B
Property, plant & equipment (net)	$904M	$878M	$894M	$2.95B	$2.87B	$2.87B	$2.86B	$3.61B	$2.81B	$2.67B
Long-term investments	$0	$0	$0	$2M	$3M	$1M	$1M	$0	$0	$0
Goodwill	$5.37B	$5.37B	$5.34B	$20B	$18.9B	$18.2B	$17.3B	$20B	$20.3B	$20B
Intangible assets	$1.1B	$1.05B	$870M	$8.46B	$7.91B	$6.64B	$6B	$8.54B	$7.64B	$6.51B
Deferred tax assets	$409M	$209M	$173M	$102M	$119M	$85M	$73M	$91M	$120M	$76M
Other non-current assets	$234M	$215M	$262M	$507M	$519M	$565M	$552M	$1.56B	$2.89B	$3.34B
Non-current assets	$8.02B	$7.72B	$7.54B	$32B	$30.3B	$28.4B	$26.8B	$33.8B	$33.8B	$32.6B
Total assets	$10.1B	$9.86B	$10.1B	$38.3B	$37B	$34.7B	$33.5B	$41.7B	$42B	$41.2B
Liabilities
Accounts payable	$540M	$462M	$525M	$1.26B	$1.41B	$1.77B	$1.95B	$2.11B	$2.01B	$2.46B
Accrued expenses	$329M	$303M	$283M	$790M	$1.07B	$1B	$818M	$544M	$419M	$482M
Short-term debt	$634M	$528M	$759M	$260M	$10M	$13M	$820M	$2.09B	$1.3B	$805M
Taxes payable	$31M	$38M	$8M	$24M	$49M	$28M	$376M	$88M	$29M	$0
Deferred revenue	$252M	$290M	$496M	$1.21B	$1.2B	$1.3B	$1.4B	$1.9B	$2.14B	$2.26B
Other current liabilities	$140M	$120M	$197M	$331M	$509M	$444M	$417M	$1.28B	$1.74B	$1.22B
Current liabilities	$1.93B	$1.74B	$2.27B	$4.01B	$4.24B	$4.55B	$5.78B	$8B	$7.63B	$7.23B
Long-term debt	$3.4B	$3.39B	$2.76B	$6.69B	$6.94B	$7.05B	$6.23B	$10.9B	$10.9B	$10.4B
Lease obligations (non-current)	$0	$0	-$1.17B	$781M	$734M	$768M	$741M	$948M	$804M	$0
Deferred revenue (non-current)	$0	$0	$0	$87M	$0	$107M	$117M	$94M	$91M	$0
Deferred tax liabilities	$34M	$34M	$12M	$1.48B	$1.24B	$1.34B	$719M	$815M	$942M	$1.11B
Other non-current liabilities	$1.81B	$1.7B	$1.71B	$2.54B	$2.97B	$1.57B	$1.32B	$2.08B	$2.07B	$2.78B
Non-current liabilities	$5.24B	$5.12B	$4.49B	$11.6B	$11.9B	$10.8B	$9.12B	$14.9B	$14.8B	$14.3B
Total liabilities	$7.16B	$6.86B	$6.75B	$15.6B	$16.1B	$15.4B	$14.9B	$22.9B	$22.4B	$21.6B
Equity
Common stock & paid-in capital	$120M	$119M	$119M	$218M	$208M	$194M	$191M	$190M	$190M	$187M
Retained earnings	$1.34B	$1.42B	$2.17B	$2.18B	$2.35B	$2.92B	$2.94B	$3.22B	$3.74B	$4.21B
Accumulated other comprehensive income	-$276M	-$254M	-$707M	-$508M	-$839M	-$146M	-$288M	-$198M	$27M	$119M
Shareholders' equity	$2.93B	$2.99B	$3.36B	$22.6B	$20.7B	$19.2B	$18.5B	$18.8B	$19.5B	$19.6B
Debt
Total debt (incl. leases)	$4.03B	$3.92B	$3.52B	$7.86B	$7.69B	$7.83B	$7.79B	$14B	$13B	$11.2B
Net debt (debt - cash)	$3.55B	$3.5B	$2.99B	$7.04B	$6.41B	$6.89B	$6.91B	$13.4B	$12.4B	$10.2B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-10-02, 10-Q 2026-07-03, 10-Q 2026-04-03, 10-K 2026-01-02, 10-Q 2025-10-03, 10-Q 2025-06-27, 10-Q 2025-03-28, 10-K 2025-01-03, 10-Q 2024-09-27

Data as of 2026-11-02