Item 16. FORM 10-K SUMMARY.
7K characters. Original on sec.gov ·
Item 16. FORM 10-K SUMMARY.
None.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| HARRIS CORPORATION | ||||
| (Registrant) | ||||
| Date: August 27, 2018 | By: | /S/ WILLIAM M. BROWN | ||
| William M. Brown | ||||
| Chairman, President and Chief Executive Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| Signature | Title | Date | ||||
| /s/ WILLIAM M. BROWN | Chairman, President and Chief Executive Officer (Principal Executive Officer) | August 27, 2018 | ||||
| William M. Brown | ||||||
| /s/ RAHUL GHAI | Senior Vice President and Chief Financial Officer (Principal Financial Officer) | August 27, 2018 | ||||
| Rahul Ghai | ||||||
| /s/ TODD A. TAYLOR | Vice President, Principal Accounting Officer (Principal Accounting Officer) | August 27, 2018 | ||||
| Todd A. Taylor | ||||||
| /s/ JAMES F. ALBAUGH | Director | August 27, 2018 | ||||
| James F. Albaugh | ||||||
| /s/ SALLIE B. BAILEY | Director | August 27, 2018 | ||||
| Sallie B. Bailey | ||||||
| /s/ PETER W. CHIARELLI | Director | August 27, 2018 | ||||
| Peter W. Chiarelli | ||||||
| /s/ THOMAS A. DATTILO | Director | August 27, 2018 | ||||
| Thomas A. Dattilo | ||||||
| /s/ ROGER B. FRADIN | Director | August 27, 2018 | ||||
| Roger B. Fradin | ||||||
| /s/ TERRY D. GROWCOCK | Director | August 27, 2018 | ||||
| Terry D. Growcock | ||||||
| /s/ LEWIS HAY III | Director | August 27, 2018 | ||||
| Lewis Hay III | ||||||
| /s/ VYOMESH I. JOSHI | Director | August 27, 2018 | ||||
| Vyomesh I. Joshi | ||||||
| /s/ LESLIE F. KENNE | Director | August 27, 2018 | ||||
| Leslie F. Kenne | ||||||
| /s/ JAMES C. STOFFEL | Director | August 27, 2018 | ||||
| James C. Stoffel | ||||||
| /s/ GREGORY T. SWIENTON | Director | August 27, 2018 | ||||
| Gregory T. Swienton | ||||||
| /s/ HANSEL E. TOOKES II | Director | August 27, 2018 | ||||
| Hansel E. Tookes II | ||||||
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
HARRIS CORPORATION AND SUBSIDIARIES
(In thousands)
| Col. A | Col. B | Col. C | Col. D | Col. E | ||||||||||||||||||
| Additions | ||||||||||||||||||||||
| Description | Balance at Beginning of Period | Charged to Costs and Expenses | Charged to Other Accounts — Describe | Deductions — Describe | Balance at End of Period | |||||||||||||||||
| Year ended June 29, 2018 | ||||||||||||||||||||||
| Amounts Deducted From | ||||||||||||||||||||||
| Respective Asset Accounts: | ||||||||||||||||||||||
| $ | 8 | (A) | ||||||||||||||||||||
| 435 | (B) | |||||||||||||||||||||
| 707 | (C) | |||||||||||||||||||||
| Allowances for collection losses | $ | 2,815 | $ | 654 | $ | — | $ | 1,150 | $ | 2,319 | ||||||||||||
| $ | (48 | ) | (E) | $ | (425 | ) | (A) | |||||||||||||||
| Allowances for deferred tax assets | $ | 183,476 | $ | (2,848 | ) | $ | (48 | ) | $ | (425 | ) | $ | 181,005 | |||||||||
| Year ended June 30, 2017 | ||||||||||||||||||||||
| Amounts Deducted From | ||||||||||||||||||||||
| Respective Asset Accounts: | ||||||||||||||||||||||
| $ | 7 | (A) | ||||||||||||||||||||
| 551 | (B) | |||||||||||||||||||||
| 3,329 | (C) | |||||||||||||||||||||
| 3,247 | (D) | |||||||||||||||||||||
| Allowances for collection losses | $ | 9,949 | $ | — | $ | — | $ | 7,134 | $ | 2,815 | ||||||||||||
| $ | 1,865 | (A) | ||||||||||||||||||||
| 103,371 | (D) | |||||||||||||||||||||
| 354 | (E) | 175 | (F) | |||||||||||||||||||
| Allowances for deferred tax assets | $ | 300,159 | $ | (11,626 | ) | $ | 354 | $ | 105,411 | $ | 183,476 | |||||||||||
| Year ended July 1, 2016 | ||||||||||||||||||||||
| Amounts Deducted From | ||||||||||||||||||||||
| Respective Asset Accounts: | ||||||||||||||||||||||
| $ | 960 | (A) | ||||||||||||||||||||
| 5,188 | (C) | |||||||||||||||||||||
| Allowances for collection losses | $ | 12,169 | $ | 3,928 | $ | — | $ | 6,148 | $ | 9,949 | ||||||||||||
| $ | 2,092 | (D) | $ | 4,648 | (A) | |||||||||||||||||
| 389 | (E) | 946 | (F) | |||||||||||||||||||
| Allowances for deferred tax assets | $ | 71,866 | $ | 231,406 | $ | 2,481 | $ | 5,594 | $ | 300,159 |
Note A — Foreign currency translation gains and losses
Note B — Disposals
Note C — Uncollectible accounts charged off, less recoveries on accounts previously charged off
Note D — Acquisitions and divestitures
Note E — Uncertain income tax positions
Note F — Accumulated other comprehensive income
Previous: Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.