harris corporation
harris corporation harris corporation
financial highlights 5.0 09 5.2 5.9 10 11 3.85 09 4.43 4.89 10 11 harris corporation ( nYsE:hrs) is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has approximately $6 billion of annual revenue and more than 16,000 employees – including about 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications ® products, systems and services. Additional information about Harris Corporation is available at www.harris.com. * Amounts used in this Annual Report that are considered non-GAAP financial measures are defined and reconciled to the most directly comparable GAAP financial measures on page 9 of this Annual Report. GAAP refers to U.S. generally accepted accounting principles. 0.80 09 0.88 1.00 10 11 fiscal YEar EndEd dollars in millions, ExcEpt pEr sharE amounts julY 1, 2011 julY 2, 2010 julY 3, 2009 Revenue $5,924.6 $5,206.1 $5,005.0 GAAP Income from Continuing Operations 588.0 561.6 312.4 Non-GAAP Income from Continuing Operations* 624.8 581.5 515.5 GAAP Income Per Diluted Share from Continuing Operations 4.60 4.28 2.33 Non-GAAP Income Per Diluted Share from Continuing Operations* 4.89 4.43 3.85 GAAP Return on Average Assets 10.8% 12.2% 6.9% GAAP Return on Average Equity 25.0% 27.7% 14.0% Diluted Weighted Average Shares Outstanding (Millions) 126.3 130.0 133.0 Worldwide Employment 16,900 15,800 15,400 rEvEnuE in billions non-gaap Earnings pEr sharE* in dollars dividEnds paid pEr common sharE in dollars nEt cash from opErating activitiEs in Millions 667 09 803 833 10 11 fiscal years fiscal years fiscal years fiscal years
more than ever Businesses and governments worldwide face the same daunting challenge: how to provide the right information, to the right place, to make the right decisions. often, the success of their organization — even lives — depends on it. with harris, customers trust that the information they receive and the technology that delivers it are reliaBle and secure. we are one of the only companies focused exclusively on developing the most trusted voice, data and video networks — networks that are important now more than ever.
- Page 1: harris corporation 2011 annual repo
- Page 5 and 6: ealigned segments focus on strategi
- Page 7 and 8: fiscal 2011 highlights 7.19.10 $97
- Page 9 and 10: usiness segments at-a-glance fiscal
- Page 11 and 12: oard committees 1 Audit Committee 2
- Page 13 and 14: HARRIS CORPORATION 2011 FORM 10-K
- Page 15 and 16: Part I: Part II: Part III: HARRIS C
- Page 17 and 18: Communications Solutions, Healthcar
- Page 19 and 20: Networking Wideband Waveform (“AN
- Page 21 and 22: performance-driven business model,
- Page 23 and 24: fiscal 2011, we were awarded a four
- Page 25 and 26: including risks relating to our U.S
- Page 27 and 28: We are a major developer, supplier
- Page 29 and 30: Competition We operate in highly co
- Page 31 and 32: in fiscal 2011, $721 million in fis
- Page 33 and 34: Additional information relating to
- Page 35 and 36: We could be negatively impacted by
- Page 37 and 38: • We may experience declines in r
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- Page 41 and 42: ITEM 2. PROPERTIES. Our principal e
- Page 43 and 44: Norfolk County Retirement System on
- Page 45 and 46: PART II ITEM 5. MARKET FOR REGISTRA
- Page 47 and 48: The following table sets forth info
- Page 49 and 50: (5) Results for fiscal 2007 include
- Page 51 and 52: Government Communications Systems:
more<br />
than<br />
ever<br />
Businesses and governments worldwide face<br />
the same daunting challenge: how to provide the<br />
right information, to the right place, to make<br />
the right decisions. often, the success of their<br />
organization — even lives — depends on it. with<br />
<strong>harris</strong>, customers trust that the information<br />
they receive and the technology that delivers it<br />
are reliaBle and secure. we are one of the only<br />
companies focused exclusively on developing the<br />
most trusted voice, data and video networks —<br />
networks that are important now more than ever.