L3Harris Technologies, Inc.

L3Harris Technologies, Inc. (LHX) reported a solid financial position for the fiscal year ended January 2, 2026, with total assets of $41.20 billion and total shareholders’ equity of $19.64 billion. The company demonstrated strong cash generation capabilities, reporting net cash provided by operating activities of $3.11 billion. Net income for the period stood at $1.61 billion. The balance sheet reflects a robust capital structure with $10.44 billion in long-term debt and no short-term debt obligations. During the fiscal year, the company actively returned capital to shareholders, repurchasing $1.15 billion of common stock and paying $903.0 million in dividends. Investing activities provided $407.0 million in cash, significantly aided by $820.0 million in proceeds from the sales of businesses. The firm maintained a strong liquidity position with $1.07 billion in cash and cash equivalents at the beginning of the period, ending with $880.0 million after a net increase of $454.0 million during the year.

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