UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
(Mark One)
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þ
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ANNUAL REPORT PURSUANT TO SECTION 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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For
the fiscal year ended June 27, 2008
OR
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o
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TRANSITION REPORT PURSUANT TO SECTION 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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For the transition period from
to
Commission file number 1-3863
A. Full title of the plan and the address of the plan, if different from that of the issuer named below:
Harris Corporation Retirement Plan
B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
Harris Corporation
1025 West NASA Blvd.
Melbourne, Florida 32919
HARRIS CORPORATION
RETIREMENT PLAN
Financial Statements and Supplemental Schedule
June 27, 2008 and June 29, 2007 and
for the Fiscal Year Ended June 27, 2008
HARRIS CORPORATION RETIREMENT PLAN
June 27, 2008 and June 29, 2007
Table of Contents
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Participants and the Harris Corporation Employee Benefits Committee
Harris Corporation Retirement Plan
We have audited the accompanying statements of net assets available for benefits of Harris
Corporation Retirement Plan as of June 27, 2008 and June 29, 2007, and the related statement of
changes in net assets available for benefits for the year ended June 27, 2008. These financial
statements are the responsibility of the Plans management. Our responsibility is to express an
opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. We
were not engaged to perform an audit of the Plans internal control over financial reporting. Our
audits included consideration of internal control over financial reporting as a basis for designing
audit procedures that are appropriate in the circumstances, but not for the purpose of expressing
an opinion on the effectiveness of the Plans internal control over financial reporting.
Accordingly, we express no such opinion. An audit also includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements, assessing the
accounting principles used and significant estimates made by management, and evaluating the overall
financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, the financial statements referred to above present fairly, in all material
respects, the net assets available for benefits of the Plan at June 27, 2008 and June 29, 2007, and
the changes in its net assets available for benefits for the year ended June 27, 2008, in
conformity with U.S. generally accepted accounting principles.
Our audits were performed for the purpose of forming an opinion on the financial statements taken
as a whole. The accompanying supplemental schedule of assets (held at end of year) as of June 27,
2008 is presented for purposes of additional analysis and is not a required part of the financial
statements but is supplementary information required by the Department of Labors Rules and
Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974.
This supplemental schedule is the responsibility of the Plans management. The supplemental
schedule has been subjected to the auditing procedures applied in our audits of the financial
statements and, in our opinion, is fairly stated in all material respects in relation to the
financial statements taken as a whole.
/s/ Ernst & Young LLP
Certified Public Accountants
Jacksonville, Florida
December 12, 2008
1
HARRIS CORPORATION RETIREMENT PLAN
Statements of Net Assets Available for Benefits
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June 27,
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June 29,
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2008
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2007
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ASSETS
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Investments at fair value:
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Interest bearing cash
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$
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8,453,397
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$
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7,578,488
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Preferred stocks
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3,064,877
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Common stocks
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567,373,123
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734,038,908
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Registered investment companies
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312,401,934
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416,740,409
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Common/collective trust funds
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1,655,664,075
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1,513,564,406
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Guaranteed investment contracts
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379,413
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23,048,131
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Corporate bonds and debentures
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360,989
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608,750
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Real estate investments
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846,173
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U.S.
Government securities
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12,503,607
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Participant loans
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33,500,965
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29,297,970
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Total investments
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2,582,044,946
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2,737,380,669
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Receivables:
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Contributions receivable:
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Employer
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8,285,010
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37,876,075
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Participants
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5,344,500
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4,516,058
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Accrued interest and dividends
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48,556
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2,434,936
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Due from broker for securities sold
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1,280,612
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8,807,325
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Total receivables
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14,958,678
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53,634,394
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Total assets
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2,597,003,624
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2,791,015,063
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LIABILITIES
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Accrued expenses
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508,472
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316,805
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Due to broker for securities purchased
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793,347
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11,297,662
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Total liabilities
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1,301,819
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11,614,467
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Net assets available for benefits at fair value
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2,595,701,805
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2,779,400,596
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Adjustment from fair value to contract value for
fully benefit-responsive investment contracts
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14,407,298
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11,141,939
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Net assets available for benefits
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$
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2,610,109,103
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$
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2,790,542,535
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The accompanying notes are an integral part of these financial statements.
2
HARRIS CORPORATION RETIREMENT PLAN
Statement of Changes in Net Assets Available for Benefits
For the Fiscal Year Ended June 27, 2008
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June 27, 2008
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Additions to net assets attributed to:
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Investment income:
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Interest
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$
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2,853,692
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Dividends
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11,665,375
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Total investment income
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14,519,067
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Contributions:
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Participant rollovers
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7,604,330
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Performance Reward Plan
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5,506,421
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Employer matching
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44,032,390
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Participants
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88,586,277
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Total contributions
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145,729,418
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Transfers into the plan from other plans
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82,518,510
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Total additions
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242,766,995
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Deductions from net assets attributed to:
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Net depreciation in fair value of investments
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185,580,936
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Benefits paid to participants
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233,488,718
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Transfers out of the plan
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142,645
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Administrative expenses
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3,988,128
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Total deductions
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423,200,427
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Net decrease
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180,433,432
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Net assets available for benefits:
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Beginning of
fiscal year
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2,790,542,535
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End of
fiscal year
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$
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2,610,109,103
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The accompanying notes are an integral part of these financial statements.
3
HARRIS CORPORATION RETIREMENT PLAN
Notes to the Financial Statements
June 27, 2008 and June 29, 2007
NOTE 1 DESCRIPTION OF PLAN
The following description of the Harris Corporation Retirement Plan (the Plan) provides only
general information. Participants should refer to the Plan document for a more complete description
of the Plans provisions.
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A.
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General
The Plan is a defined contribution plan with a
401(k) feature covering substantially all eligible
employees of Harris Corporation and certain of its
subsidiaries (collectively, the Company or Employer)
as defined in the Plan document. The Plan Administrator is
the Harris Corporation Employee Benefits Committee
comprised of persons appointed by Harris Corporation. The
Plan is subject to the provisions of the Employee
Retirement Income Security Act of 1974 (ERISA), as
amended.
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B.
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Contributions
Participants may contribute a percentage
of both pre-tax and after-tax eligible compensation, as
defined in the Plan document and subject to Internal
Revenue Code (the Code) limitations. After-tax
contributions may be made either on a regular after-tax basis or on a
designated Roth after-tax basis. Participants age 50
and older by the end of the calendar year can contribute
an additional amount above the annual pre-tax limitation,
as defined in the Plan document and subject to Code
limitations. The Company matches up to 50% or 100% (depending on
business unit) of pre-tax and
after-tax contributions subject to a limit of 4% or 6% (depending on
business unit) of
eligible compensation for any eligible employee who has
completed the Plans service requirement (either six months or
one year, depending on business unit). Full-time regular participants who
make no election with respect to their contribution percentage are
deemed to have elected deferment of 6% of
eligible compensation on a pre-tax basis. With respect to the fiscal
year ended June 29,
2007, the Company made non-discretionary profit sharing contributions based
on a formula tied to the Companys earnings per share and
related financial targets. With respect to the fiscal year ended
June 27, 2008, no profit sharing contributions were made; instead, the Companys cash-based Performance Reward Plan (which
replaced the Companys non-discretionary profit sharing
contribution program) permitted each participant
to elect a special, unmatched pre-tax contribution to the Plan of 0%, 50% or 100% of the amount,
if any, otherwise payable to the participant by the Company in cash
under the Performance Reward Plan, subject to Code limitations. The Company may
make discretionary profit sharing contributions to
the Plan in an amount determined by the Company, allocated
to eligible participants based on compensation as defined in the Plan
document. In addition, participants also may
rollover amounts to the Plan from other qualified plans.
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C.
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Payments of Benefits
Prior to termination of
employment, a participant may withdraw all or any portion
of his or her regular after-tax account balance or rollover
balance. A participant may also
receive a distribution while employed for financial hardship or upon
attainment of age
59
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2
per the Plan document. Upon retirement or other termination of
employment, a participant may elect to receive either a
lump-sum amount equal to all or a portion of the
participants vested interest in his or her account, or
installments over a future period.
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D.
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Participant Loans
The loan program permits participants
to borrow against their pre-tax, regular after-tax, designated
Roth after-tax and rollover contributions. A participant may borrow
in increments of $100 from a minimum of $500 to a maximum
of 50% of the vested portion of the participants account
or $50,000 whichever is lower, within certain limitations
established by the Plan document. Payback periods range
from one to five years unless the loan is to be used
for the purchase of a principal residence, in which case the payback
period may not exceed ten years. Interest rates
are established by the Company based on market rates.
Loans are paid back ratably through payroll deductions.
The outstanding loans have been established as a separate
fund.
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E.
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Participant Accounts
Each participants account is
credited with the participants contribution, including the
contribution, if any, in respect of the participants election under
the Companys cash-based Performance Reward Plan, and
allocations of (a) the Companys matching contribution,
(b) the Companys discretionary profit sharing contribution, if any, and (c) Plan earnings, and is charged
with an allocation of Plan losses and administrative expenses. The benefit
to which a participant is entitled is the benefit that can
be provided from the participants vested account.
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4
HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
June 27, 2008 and June 29, 2007
NOTE 1 DESCRIPTION OF THE PLAN (CONTINUED)
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F.
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Vesting
Participants are immediately
vested in their pre-tax, regular after-tax,
designated Roth after-tax and rollover contributions plus actual earnings
thereon. Vesting in the Employer matching
and any profit sharing
contributions, plus earnings thereon, is
based on years of continuous service. Commencing July 1, 2007, a
participant is 100% vested after four
years of credited service, based on the
following schedule:
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Years of Service
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Vesting Percentage
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Less than 1 year
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0
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1 year
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25
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2 years
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50
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3 years
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75
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4 years
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100
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%
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Prior to July 1, 2007, a participant was 100% vested
after six years of credited service, based on the following schedule:
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Years of Service
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Vesting Percentage
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Less than
2 years
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0
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2 years
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20
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3 years
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40
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%
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4 years
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60
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%
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5 years
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80
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6 years
or more
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100
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%
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However, certain vesting schedules applicable to assets merged
into the Plan have been preserved, as legally required, and may
result in the vesting of Employer contributions more quickly than
described above.
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A participant also becomes 100% vested in Employer
contributions upon his or her
termination of employment after attaining age 55 or on
account of his or her death or disability.
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G.
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Forfeitures
A terminated participant who is not 100%
vested will forfeit the non-vested portion of the
Companys contributions unless the participant returns to
employment within five years. The forfeited contributions
are used first, to restore the accounts of recently located
missing participants, as defined in the Plan document;
next, to restore accounts of participants who are
reemployed prior to incurring a break in service of five
consecutive years; next, to fund any matching or profit
sharing contributions to be allocated to participants who
are reemployed after a period of qualified military
service, as defined in the Plan document; and finally, to
reduce future contributions to the Plan by the Company.
Forfeited amounts included in Plan assets at June 27, 2008
and June 29, 2007 were $315,913 and $672,454,
respectively. For the fiscal years ended June 27, 2008 and June
29, 2007, Employer contributions were reduced by
$1,600,000 and $900,516, respectively, from forfeited
non-vested accounts.
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H.
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Plan Termination
Although it has not expressed any
intent to do so, the Company has the right under the Plan
to discontinue its contributions at any time and to
terminate the Plan subject to the provisions of ERISA. In
the event of Plan termination, participants will become
100% vested in their accounts.
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I.
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Investment Options
Upon enrollment into the
Plan, a
participant may direct Employer and participant
contributions into any of several investment options,
including the Harris Stock Fund. A participant may
transfer amounts from other investment options into the Harris
Stock Fund, provided that no transfer shall cause more than 20% of a participants
account to be invested in the Harris Stock Fund. The investment
options are fully described in the Employer Summary Plan
Description, which is available to all participants. In the event
no investment option is selected by the participant, the default
investment option for contributions is the LifeCycle
Fund that is age-appropriate for the participant. Elections to
change funds can be made daily; however, amounts in the
Stable Value Fund, which is comprised of unallocated
insurance contracts, cannot be transferred directly to the
Money Market Fund. Investments are also governed by other limitations
described in the Plan document.
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J.
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Plan Mergers
During the fiscal year ended
June 27, 2008, three defined contribution plans maintained by
business units or subsidiaries of the Company were merged into the
Plan. The Harris Broadcast Communications Division 401(k) Plan was
merged into the Plan effective September 30, 2007. The Harris
Technical Services Corporation 401(k) Plan was merged into the Plan
effective October 31, 2007. The Multimax, Inc. 401(k) Retirement
Savings Plan was merged into the Plan effective December 31,
2007. The total fair value of assets transferred into the Plan as a
result of these mergers was $82,518,510.
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5
HARRIS CORPORATION RETIREMENT PLAN
Notes
to Financial Statements (continued)
June 27,
2008 and June 29, 2007
NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis
of Accounting
The accounting records of the Plan are
maintained on the accrual basis. Certain prior year data have been
reclassified to conform to the fiscal 2008 presentation.
Recent
Accounting Pronouncement
In September 2006, the
Financial Accounting Standards Board (FASB) issued Statement of
Financial Accounting Standards No. 157,
Fair Value
Measurements
(SFAS 157). SFAS 157 establishes a
framework for measuring fair value under U.S. generally accepted
accounting principles (GAAP),
clarifies the definition of fair value within that framework, and expands disclosures about the use
of fair value measurements. SFAS 157 is effective for financial statements issued for fiscal years
beginning after November 15, 2007. The Plan adopted SFAS 157
as of June 28, 2008 for fiscal 2009, subsequent to the end of
the Plans fiscal 2008 on June 27, 2008. Plan management is currently evaluating the effect that the
provisions of SFAS 157 will have on the Plans financial statements.
The Plan
adopted FASB Staff Position, FSP AAG INV-1 and SOP 94-4-1,
Reporting of Fully Benefit-Responsive Investment Contracts Held
by Certain Investment Companies Subject to the AICPA Investment
Company Guide and Defined-Contribution Health and Welfare and Pension
Plans
(theFSP), in fiscal 2007, which ended June 29,
2007. As described in the FSP, investment contracts held by a defined
contribution plan are required to be reported at fair value.
However, because contract value is the relevant measurement attribute
for investment contracts including fully benefit-responsive synthetic
guaranteed investment contracts (synthetic GICs), the FSP
requires that both fair value and the difference between fair value
and contract value be disclosed in the Statements of Net Assets
Available for Benefits, and accordingly both are so disclosed.
Valuation of Investments
The Plans investments are stated at fair value. Quoted market prices
are used, when available, to value investments. Investments for which quoted market values are not
available are stated at fair values as reported by the trustee or investee company. Participant
loans are valued at their outstanding balances, which approximate fair value.
Investments in common/collective trusts are stated at fair value, based on quoted redemption values
as determined by Northern Trust, the Trustee, as defined by the Plan document. Purchases and sales
of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis.
Dividends are recorded on the ex-dividend date. The net appreciation (depreciation) in fair value
of investments represents the sum of the unrealized appreciation (depreciation) in aggregate fair
value of investments and the realized gain (loss) on sale of investments.
During
fiscal 2008, the Plan held traditional guaranteed investment contracts (traditional GICs) and
synthetic GICs in its Stable Value Fund (the Fund). A corresponding
contract wrapper with the issuer of the synthetic GICs was also held in order to provide a variable
rate of return on the cost of the investment. The fair value of the traditional GICs and the
synthetic GICs was determined using a discounted cash flow method or quoted market value of
underlying investments. The fair value of the wrapper contracts was based on the present value of the difference between the
current fee and fee re-bids provided by the issuers and was $379,413 and zero dollars at June 27,
2008 and June 29, 2007, respectively. During fiscal 2008, the Plan discontinued all of its traditional
GICs and held only synthetic GICs as of June 27, 2008.
The
interest crediting rate of synthetic GICs is based on the contract value, and the fair value, duration, and yield to
maturity of the portfolio of bonds underlying the synthetic GICs.
The interest crediting rate is reset quarterly. The minimum crediting
rate is zero percent.
The
interest crediting rate reset allows the contract value to converge with the fair value of the underlying
portfolio over time, assuming the portfolio continues to earn the current yield for a period of
time equal to the current portfolio duration.
The
primary variables impacting the future interest crediting rates of synthetic
GICs include the
current yield of the assets underlying the contract, the duration of the assets underlying the
contract and the existing difference between the fair value and contract value of the assets within
the contract.
As
required by the FSP, the investments in
traditional GICs and synthetic GICs are presented at fair value on the Statements of Net Assets
Available for Benefits. To the extent that the
underlying portfolio of a synthetic GIC has unrealized and/or realized losses, a
positive adjustment is made to the adjustment from fair value to contract value under contract
value accounting. As a result, the future interest crediting rate may be lower over time than the
then-current market rates. Similarly, if the underlying portfolio generates unrealized and/or
realized gains, a negative adjustment is made to the adjustment from fair value to contract value,
and the future interest crediting rate may be higher than the then-current market rates. The adjustments
ensure that ending net assets available for benefits are recorded at contract value and reflect the
unrealized and/or realized gains and losses on the underlying
portfolio of synthetic GICs.
6
HARRIS
CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
June 27, 2008 and June 29, 2007
Synthetic
GICs generally provide for withdrawals associated with certain events which
are not in the ordinary course of Plan operations. These withdrawals are paid with a market value
adjustment applied to the withdrawal as defined in the investment contract. Each contract issuer
specifies the events which may trigger a market value adjustment. Such events include
but are not limited to the following: material amendments to the Plan
or in the administration of the Fund; changes to the Plans competing investment options including the elimination of
equity wash provisions; complete or partial termination of the Plan, including a merger with
another plan; the failure of the Plan to qualify for exemption from federal income taxes or any
required prohibited transaction exemption under ERISA; the redemption of all or a portion of the
interests in the Fund held by the Plan at the direction of the Plan
sponsor, including withdrawals due to the removal of a specifically identifiable group of employees
from coverage under the Plan (such as a group layoff or early retirement incentive
program), the closing or sale of a subsidiary, employing unit, or affiliate, the bankruptcy or
insolvency of the Plan sponsor, the merger of the Plan with another plan, or the Plan sponsors
establishment of another tax qualified defined contribution plan; any change in law, regulation,
ruling, administrative or judicial position, or accounting requirement, applicable to the Fund or
the Plan; or the delivery of any communication to Plan participants designed to influence a
participant not to invest in the Fund.
At this
time, the Plan does not believe that the occurrence of any such
market value adjustment-triggering event, which
would limit the Plans ability to transact at contract value with participants, is probable.
If the
Plan defaults in its obligations under any synthetic GIC (including
the issuers determination that the agreement constitutes a non-exempt prohibited transaction as
defined under ERISA), and such default is not corrected within the time permitted by the contract,
then the contract may be terminated by the issuer and the Plan will
receive the fair value of the underlying investments as of
the date of termination. With the exception of this circumstance,
termination of the contract by the issuer would be settled at
contract value.
The average yield based on actual earnings was approximately 5.28% at June 27, 2008 and 5.05% at
June 29, 2007. The average yield based on interest rate credited to participants was approximately
4.79% at June 27, 2008 and 5.04% at June 29, 2007.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally
accepted accounting principles requires the Plan Administrator to make estimates and assumptions
that affect certain reported amounts and disclosures. Accordingly, actual results may differ from
those estimates.
Administrative Expenses
Unless otherwise elected by Harris Corporation, all reasonable charges
and expenses incurred in connection with the administration of the Plan are paid by the Trustee
from the assets of the trust.
7
HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
June 27, 2008 and June 29, 2007
NOTE 3 INVESTMENTS
During the
fiscal year ended June 27, 2008, the Plans investments (including investments bought, sold and
held during the fiscal year) depreciated in value as follows:
|
|
|
|
|
|
|
June 27, 2008
|
|
Net depreciation in fair value as determined by quoted market prices:
|
|
|
|
|
Preferred stocks
|
|
$
|
(724,794
|
)
|
Common stocks
|
|
|
(89,918,003
|
)
|
Registered investment companies
|
|
|
(27,537,020
|
)
|
Corporate bonds and debentures
|
|
|
(262,166
|
)
|
|
|
|
|
|
|
|
(118,441,983
|
)
|
|
|
|
|
|
|
|
|
|
Net depreciation in fair value as determined by investee company/trustee:
|
|
|
|
|
Real estate investments
|
|
|
(199,343
|
)
|
Common/collective trusts
|
|
|
(66,939,610
|
)
|
|
|
|
|
|
|
|
(67,138,953
|
)
|
|
|
|
|
|
|
|
|
|
Total net depreciation in fair value
|
|
$
|
(185,580,936
|
)
|
|
|
|
|
The fair value of individual investments that represent 5% or more of Plan net assets at June
27, 2008 and June 29, 2007 is as follows:
|
|
|
|
|
|
|
|
|
|
|
June 27,
|
|
|
June 29,
|
|
|
|
2008
|
|
|
2007
|
|
MFB NTGI-QM Collective Daily Russell 1000 Equity Index Fund
|
|
$
|
251,003,015
|
|
|
$
|
232,370,374
|
|
MFB NTGI-QM Collective Daily S&P500 Equity Index Fund
|
|
|
230,213,288
|
|
|
|
291,468,618
|
|
MFO Bank of New York Collective TR Aggregate Index Fund
|
|
|
247,919,593
|
|
|
|
300,849,810
|
|
MFO Columbia FDS SER TR Intl. Fund
|
|
|
189,658,204
|
|
|
|
239,422,460
|
|
Galliard
Capital Management Wells Fargo Bank NA Fixed Income Fund A
|
|
|
133,038,313
|
|
|
|
|
|
Galliard
Capital Management Wells Fargo Bank NA Fixed Income Fund E
|
|
|
151,430,213
|
|
|
|
|
|
Galliard
Capital Management Wells Fargo Bank NA Fixed Income Fund F
|
|
|
242,687,071
|
|
|
|
|
|
Harris Corporation common stock
|
|
|
129,814,846
|
|
|
|
158,203,946
|
|
8
HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
June 27, 2008 and June 29, 2007
NOTE 4 RELATED-PARTY TRANSACTIONS
Certain Plan investments are shares of common stock of Harris Corporation and balances in a
common/collective trust fund that are managed by Northern Trust. Harris Corporation is the Plan sponsor
and Northern Trust is the Trustee and, therefore, these transactions qualify as exempt
party-in-interest transactions.
Harris Corporation common stock is included with other common stock at June 27, 2008 and June
29, 2007 as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 27, 2008
|
|
|
June 29, 2007
|
|
|
|
Shares
|
|
|
Fair Value
|
|
|
Shares
|
|
|
Fair Value
|
|
Harris Corporation common stock
|
|
|
2,536,437
|
|
|
$
|
129,814,846
|
|
|
|
2,900,164
|
|
|
$
|
158,203,946
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Transactions
in shares of the Companys common stock qualify as exempt party-in-interest transactions
under the provisions of ERISA. During the fiscal year ended June 27, 2008, the Plan made purchases of
$8,342,839 and sales of $18,631,158 of the Companys common stock.
NOTE 5 INCOME TAX STATUS
The Plan received a determination letter from the Internal Revenue Service dated April 21,
2004, stating that the Plan is qualified under Section 401(a) of the Code and, therefore, the
related trust is exempt from taxation. Subsequent to this determination by the Internal Revenue
Service, the Plan was amended and restated and has been further amended
several times. The Plan is required to operate in
conformity with the Code to maintain its qualification. The Plan sponsor has indicated that it will
take the necessary steps, if any, to bring the Plans operations in compliance with the Code.
NOTE 6
CREDIT RISKS AND UNCERTAINTIES
Cash amounts at the Trustee may exceed the federally
insured limit from time to time. The Plan provides for investments in various investment
securities, which, in general, are exposed to certain risks, such as interest rate, credit and
overall market volatility risks. Due to the level of risk associated with certain investment
securities, it is reasonably possible that changes in the values of investment securities will
occur in the near term, and such changes could materially affect participant account balances and
the amounts reported in the Statements of Net Assets Available for Benefits.
NOTE 7 RECONCILIATION OF PLAN FINANCIAL STATEMENTS TO THE FORM 5500
Form 5500 requires the recording of a liability for benefit amounts processed prior to year-end but
not yet paid and requires fully benefit-responsive contracts to be reported at fair value. These
requirements conflict with accounting principles generally accepted in the United States and the
presentation of such amounts in the financial statements where they remain as part of net assets
available for benefits.
The following is a reconciliation of net assets available for benefits per the financial statements
to the Form 5500 at June 27, 2008 and at June 29, 2007:
|
|
|
|
|
|
|
|
|
|
|
June 27,
|
|
|
June 29,
|
|
|
|
2008
|
|
|
2007
|
|
Net assets available for benefits per the financial statements
|
|
$
|
2,610,109,103
|
|
|
$
|
2,790,542,535
|
|
Due to participants
|
|
|
(251,175
|
)
|
|
|
(2,956,866
|
)
|
Adjustment
to fair value from contract value for fully benefit-responsive investment contracts
|
|
|
(14,407,298
|
)
|
|
|
(11,141,939
|
)
|
|
|
|
|
|
|
|
Net assets available for benefits per the Form 5500
|
|
$
|
2,595,450,630
|
|
|
$
|
2,776,443,730
|
|
|
|
|
|
|
|
|
9
HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
June 27, 2008 and June 29, 2007
The following is a reconciliation of investment income per the financial statements to the Form
5500 for the fiscal year ended June 27, 2008:
|
|
|
|
|
|
|
June 27,
|
|
|
|
2008
|
|
Net depreciation in the fair value of investments in the financial statements
|
|
$
|
(185,580,936
|
)
|
Adjustment
to fair value from contract value for fully benefit-responsive investment contracts
|
|
|
(3,265,359
|
)
|
|
|
|
|
Investment income per the Form 5500
|
|
$
|
(188,846,259
|
)
|
|
|
|
|
The following is a reconciliation of benefits paid to participants per the
financial statements to the Form 5500 for the fiscal year ended June 27, 2008:
|
|
|
|
|
|
|
June 27,
|
|
|
|
2008
|
|
Benefits paid to participants per the financial statements
|
|
$
|
233,488,718
|
|
Add: benefits due but unpaid at June 27, 2008
|
|
|
251,175
|
|
Less: benefits due but unpaid at June 29, 2007
|
|
|
(2,956,866
|
)
|
|
|
|
|
Benefits paid to participants per the Form 5500
|
|
$
|
230,783,027
|
|
|
|
|
|
NOTE 8 SUBSEQUENT EVENT
Subsequent
to the end of the fiscal year ended June 27, 2008, credit and
capital markets disruptions resulted in substantial volatility in
financial markets and the banking system. These and other economic
events have had a significant adverse impact on investment portfolios. As a
result, the Plans investments have incurred a significant
decline in fair value since June 27, 2008.
10
SUPPLEMENTAL INFORMATION
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Corporate Debt
Instruments Other
|
|
|
|
|
|
FORD MTR CO DEL SR NT CONV 4.25 DUE
12-15-2036 REG SEDOL: B1L3918
|
|
$
|
487,000
|
|
|
|
|
|
|
$
|
360,989
|
|
|
|
|
|
|
Total Corporate Debt Instruments
Other
|
|
|
|
|
|
|
|
|
|
$
|
360,989
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred Shares
|
|
|
|
|
|
FNMA NON CUMULATIVE MANDATORY CONV PFD
SER STK SEDOL: B2RDDY0
|
|
|
35200
|
|
|
|
|
|
|
$
|
1,427,008
|
|
|
|
|
|
MERRILL LYNCH & CO INC 9% PFD CONV
CUSIP: 59022Y543
|
|
|
16
|
|
|
|
|
|
|
|
1,063,069
|
|
|
|
|
|
NATIONAL CITY CORP PFD CONV PERPETUAL
SER G CONV PFD STK CUSIP: 635405806
|
|
|
6
|
|
|
|
|
|
|
|
574,800
|
|
|
|
|
|
|
Total Preferred Shares
|
|
|
|
|
|
|
|
|
|
$
|
3,064,877
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Corporate Common Stock
|
|
|
|
|
|
3M CO COM
|
|
|
53200
|
|
|
|
|
|
|
$
|
3,697,932
|
|
|
|
|
|
5TH 3RD BANCORP COM
|
|
|
103200
|
|
|
|
|
|
|
|
1,055,736
|
|
|
|
|
|
#REORG/TRIARC COS INC CL B M/E/ARBYS
GROUP INC CL A
|
|
|
82284
|
|
|
|
|
|
|
|
538,137
|
|
|
|
|
|
AARON RENTS INC CL B
|
|
|
42212
|
|
|
|
|
|
|
|
984,384
|
|
|
|
|
|
ABBOTT LAB COM
|
|
|
38200
|
|
|
|
|
|
|
|
2,024,600
|
|
|
|
|
|
ABRAXIS BIOSCIENCE INC COM STK
|
|
|
5500
|
|
|
|
|
|
|
|
344,410
|
|
|
|
|
|
ACCENTURE LTD BERMUDA CLS A COM
|
|
|
36323
|
|
|
|
|
|
|
|
1,501,593
|
|
|
|
|
|
ACI WORLDWIDE INC COM STK
|
|
|
79288
|
|
|
|
|
|
|
|
1,389,126
|
|
|
|
|
|
ADR ALCATEL-LUCENT
|
|
|
227500
|
|
|
|
|
|
|
|
1,342,250
|
|
|
|
|
|
ADR ASML HLDG NV EURO 0.02 (NY REG)
|
|
|
47400
|
|
|
|
|
|
|
|
1,466,556
|
|
|
|
|
|
ADR BP P L C SPONSORED ADR
|
|
|
41556
|
|
|
|
|
|
|
|
2,816,666
|
|
|
|
|
|
ADR ASML HOOLDINGS NV NY REGISTERED SHS
|
|
|
21100
|
|
|
|
|
|
|
|
518,638
|
|
|
|
|
|
ADR ELAN CORP PLC ADR REPRESENTING SHS
|
|
|
10900
|
|
|
|
|
|
|
|
380,519
|
|
|
|
|
|
ADR NINTENDO LTD
|
|
|
10800
|
|
|
|
|
|
|
|
775,826
|
|
|
|
|
|
ADR ROYAL DUTCH SHELL PLC
SPONSORED ADR REPSTG A SHS
|
|
|
75900
|
|
|
|
|
|
|
|
6,076,554
|
|
|
|
|
|
ADVANCED MED OPTICS INC COM
|
|
|
68000
|
|
|
|
|
|
|
|
1,315,800
|
|
|
|
|
|
ALCOA INC COM STK
|
|
|
34100
|
|
|
|
|
|
|
|
1,206,458
|
|
|
|
|
|
ALLEGHENY TECHNOLOGIES INC COM
|
|
|
24912
|
|
|
|
|
|
|
|
1,504,685
|
|
|
|
|
|
ALLERGAN INC COM
|
|
|
73900
|
|
|
|
|
|
|
|
3,811,762
|
|
|
|
|
|
ALLSCRIPTS HEALTHCARE SOLUTIONS INC COM
|
|
|
27479
|
|
|
|
|
|
|
|
350,357
|
|
|
|
|
|
AMAZON COM INC COM
|
|
|
79221
|
|
|
|
|
|
|
|
5,914,640
|
|
|
|
|
|
AMER MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS
|
|
|
47000
|
|
|
|
|
|
|
|
2,473,610
|
|
|
|
|
|
AMERICAN INTERNATIONAL GROUP
|
|
|
99300
|
|
|
|
|
|
|
|
2,755,575
|
|
|
|
|
|
AMERICAN TOWER CORP CL A
|
|
|
50922
|
|
|
|
|
|
|
|
2,112,754
|
|
|
|
|
|
AMGEN INC COM
|
|
|
64600
|
|
|
|
|
|
|
|
2,995,502
|
|
|
|
|
|
ANADARKO PETRO CORP COM
|
|
|
53100
|
|
|
|
|
|
|
|
3,948,516
|
|
|
|
|
|
ANALOG DEVICES INC COM
|
|
|
77500
|
|
|
|
|
|
|
|
2,456,750
|
|
12
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate Common Stock
|
|
|
|
|
|
ANHEUSER BUSCH COS INC COM
|
|
|
53100
|
|
|
|
|
|
|
|
3,306,006
|
|
|
|
|
|
APPLE INC
|
|
|
33800
|
|
|
|
|
|
|
|
5,749,042
|
|
|
|
|
|
APPLIED MATERIALS INC COM
|
|
|
59800
|
|
|
|
|
|
|
|
1,153,542
|
|
|
|
|
|
AT&T INC COM
|
|
|
181141
|
|
|
|
|
|
|
|
5,934,179
|
|
|
|
|
|
ATMEL CORP COM
|
|
|
158000
|
|
|
|
|
|
|
|
571,960
|
|
|
|
|
|
AUTODESK INC COM
|
|
|
8400
|
|
|
|
|
|
|
|
285,852
|
|
|
|
|
|
AUTOMATIC DATA PROCESSING INC COM
|
|
|
26488
|
|
|
|
|
|
|
|
1,102,960
|
|
|
|
|
|
AVERY DENNISON CORP COM
|
|
|
60700
|
|
|
|
|
|
|
|
2,647,127
|
|
|
|
|
|
BANK NEW YORK MELLON CORP COM STK
|
|
|
95800
|
|
|
|
|
|
|
|
3,700,754
|
|
|
|
|
|
BANK OF AMERICA CORP
|
|
|
72000
|
|
|
|
|
|
|
|
1,770,480
|
|
|
|
|
|
BAXTER INTL INC COM
|
|
|
8900
|
|
|
|
|
|
|
|
559,899
|
|
|
|
|
|
BED BATH BEYOND INC COM
|
|
|
107100
|
|
|
|
|
|
|
|
3,112,326
|
|
|
|
|
|
BERRY PETE CO CL A CL A
|
|
|
4500
|
|
|
|
|
|
|
|
259,875
|
|
|
|
|
|
BJ SVCS CO COM
|
|
|
57000
|
|
|
|
|
|
|
|
1,831,410
|
|
|
|
|
|
BLACM & DECKER CORP COM
|
|
|
15900
|
|
|
|
|
|
|
|
928,719
|
|
|
|
|
|
BLOCK H & R INC COM
|
|
|
113600
|
|
|
|
|
|
|
|
2,365,152
|
|
|
|
|
|
BRISTOL MYERS SQUIBB CO COM
|
|
|
98800
|
|
|
|
|
|
|
|
2,005,640
|
|
|
|
|
|
BROADCOM CORP CL A CL A
|
|
|
135800
|
|
|
|
|
|
|
|
3,726,352
|
|
|
|
|
|
CABLEVISION NY GROUP CL A COM
|
|
|
53100
|
|
|
|
|
|
|
|
1,200,060
|
|
|
|
|
|
CAMPBELL SOUP CO COM
|
|
|
28300
|
|
|
|
|
|
|
|
910,694
|
|
|
|
|
|
CAP1 FNCL COM
|
|
|
55100
|
|
|
|
|
|
|
|
2,110,881
|
|
|
|
|
|
CAREER ED CORP COM
|
|
|
12000
|
|
|
|
|
|
|
|
189,360
|
|
|
|
|
|
CARTER INC FRMLY CARTER HLDGS INC
|
|
|
75200
|
|
|
|
|
|
|
|
1,073,856
|
|
|
|
|
|
CASTLE AM & CO MRYLAND
|
|
|
27470
|
|
|
|
|
|
|
|
760,370
|
|
|
|
|
|
CBS CORP NEW CL B
|
|
|
89450
|
|
|
|
|
|
|
|
1,767,532
|
|
|
|
|
|
CELGENE CORP COM
|
|
|
15000
|
|
|
|
|
|
|
|
949,950
|
|
|
|
|
|
CERNER CORP COM
|
|
|
16500
|
|
|
|
|
|
|
|
754,050
|
|
|
|
|
|
CENTY ALUM CO COM
|
|
|
22620
|
|
|
|
|
|
|
|
1,506,492
|
|
|
|
|
|
CHEVRON CORP COM
|
|
|
86978
|
|
|
|
|
|
|
|
8,506,448
|
|
|
|
|
|
CHUBB CORP COM
|
|
|
22700
|
|
|
|
|
|
|
|
1,135,681
|
|
|
|
|
|
CITIGROUP INC COM
|
|
|
87400
|
|
|
|
|
|
|
|
1,507,650
|
|
|
|
|
|
CL A SUB VTG SHS COM STK
|
|
|
33110
|
|
|
|
|
|
|
|
742,657
|
|
|
|
|
|
CME GROUP INC COM STK
|
|
|
4500
|
|
|
|
|
|
|
|
1,752,750
|
|
|
|
|
|
COINSTAR INC COM
|
|
|
36919
|
|
|
|
|
|
|
|
1,220,542
|
|
|
|
|
|
COLGATE-PALMOLIVE CO COM
|
|
|
19100
|
|
|
|
|
|
|
|
1,302,811
|
|
|
|
|
|
COMCAST CORP NEW CL A CL A
|
|
|
37900
|
|
|
|
|
|
|
|
706,077
|
|
|
|
|
|
COMMERCIAL VEH GROUP INC COM
|
|
|
44200
|
|
|
|
|
|
|
|
440,674
|
|
|
|
|
|
COMPUTER SCI CORP COM
|
|
|
39400
|
|
|
|
|
|
|
|
1,845,890
|
|
|
|
|
|
COOPER COS INC COM NEW
|
|
|
37800
|
|
|
|
|
|
|
|
1,391,796
|
|
|
|
|
|
COPART INC COM
|
|
|
11400
|
|
|
|
|
|
|
|
511,860
|
|
|
|
|
|
COOPER INDUSTRIES INC COM
|
|
|
32600
|
|
|
|
|
|
|
|
1,303,348
|
|
|
|
|
|
CORNING INC COM
|
|
|
1700
|
|
|
|
|
|
|
|
39,865
|
|
|
|
|
|
CORINTHIAN COLLEGES INC COM
|
|
|
116900
|
|
|
|
|
|
|
|
1,393,448
|
|
|
|
|
|
COUNTRYWIDE FINL CORP COM
|
|
|
69800
|
|
|
|
|
|
|
|
308,516
|
|
|
|
|
|
CROWN CASTLE INTL CORP COM
|
|
|
18300
|
|
|
|
|
|
|
|
710,589
|
|
|
|
|
|
CVS CORP COM STK
|
|
|
30545
|
|
|
|
|
|
|
|
1,214,775
|
|
13
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Corporate Common Stock
|
|
|
|
|
|
D R HORTON INC COM
|
|
|
86900
|
|
|
|
|
|
|
|
1,006,302
|
|
|
|
|
|
DANAHER CORP COM
|
|
|
30476
|
|
|
|
|
|
|
|
2,342,690
|
|
|
|
|
|
DELL INC COM STK
|
|
|
157600
|
|
|
|
|
|
|
|
3,506,600
|
|
|
|
|
|
DISNEY WALT CO COM
|
|
|
91000
|
|
|
|
|
|
|
|
2,872,870
|
|
|
|
|
|
DU PONT E I DE NEMOURS & CO COM STK
|
|
|
68400
|
|
|
|
|
|
|
|
2,919,996
|
|
|
|
|
|
DUKE ENERGY CORP NEW COM STK
|
|
|
107800
|
|
|
|
|
|
|
|
1,840,146
|
|
|
|
|
|
DUPONT FABROS TECHNOLOGY INC COM STK
|
|
|
14920
|
|
|
|
|
|
|
|
280,496
|
|
|
|
|
|
EASTMAN KODAK CO COM
|
|
|
94900
|
|
|
|
|
|
|
|
1,376,999
|
|
|
|
|
|
EBAY INC COM
|
|
|
45500
|
|
|
|
|
|
|
|
1,256,255
|
|
|
|
|
|
ELECTR ARTS COM
|
|
|
22900
|
|
|
|
|
|
|
|
1,006,226
|
|
|
|
|
|
ELI LILLY & CO COM
|
|
|
87400
|
|
|
|
|
|
|
|
3,986,314
|
|
|
|
|
|
EMC CORP COM
|
|
|
158500
|
|
|
|
|
|
|
|
2,341,045
|
|
|
|
|
|
EMPLOYERS HLDGS INC COM
|
|
|
61240
|
|
|
|
|
|
|
|
1,240,722
|
|
|
|
|
|
ENTERGY CORP NEW COM
|
|
|
21100
|
|
|
|
|
|
|
|
2,483,892
|
|
|
|
|
|
EURONET WORLDWIDE INC COM
|
|
|
38236
|
|
|
|
|
|
|
|
657,659
|
|
|
|
|
|
EXPEDIA INC DEL COM
|
|
|
27600
|
|
|
|
|
|
|
|
528,816
|
|
|
|
|
|
EXPEDITORS INTL WASH INC COM
|
|
|
48700
|
|
|
|
|
|
|
|
2,086,795
|
|
|
|
|
|
EXXON MOBIL CORP COM
|
|
|
91726
|
|
|
|
|
|
|
|
7,938,885
|
|
|
|
|
|
FIRST AMERN CORP CALIF COM
|
|
|
2553
|
|
|
|
|
|
|
|
68,676
|
|
|
|
|
|
FIRSTENERGY CORP COM
|
|
|
29635
|
|
|
|
|
|
|
|
2,371,096
|
|
|
|
|
|
FMC TECHNOLOGIES INC COM
|
|
|
22000
|
|
|
|
|
|
|
|
1,652,860
|
|
|
|
|
|
FNMA COM STK
|
|
|
120600
|
|
|
|
|
|
|
|
2,508,480
|
|
|
|
|
|
FORD MTR CO DEL COM PAR $0.01
|
|
|
125700
|
|
|
|
|
|
|
|
625,986
|
|
|
|
|
|
FORTUNE BRANDS INC COM STK
|
|
|
38800
|
|
|
|
|
|
|
|
2,419,956
|
|
|
|
|
|
FOSTER WHEELER LTD
|
|
|
8800
|
|
|
|
|
|
|
|
637,912
|
|
|
|
|
|
FREEPORT-MCMORAN COPPER & GOLD INC
|
|
|
6600
|
|
|
|
|
|
|
|
767,646
|
|
|
|
|
|
FRKLN RES INC COM
|
|
|
9326
|
|
|
|
|
|
|
|
893,151
|
|
|
|
|
|
GANNETT INC COM
|
|
|
92100
|
|
|
|
|
|
|
|
2,028,042
|
|
|
|
|
|
GEN MILLS INC COM
|
|
|
53000
|
|
|
|
|
|
|
|
3,173,110
|
|
|
|
|
|
GENENTECH INC COM STK
|
|
|
38489
|
|
|
|
|
|
|
|
2,798,920
|
|
|
|
|
|
GENERAL DYNAMICS CORP COM
|
|
|
6600
|
|
|
|
|
|
|
|
549,648
|
|
|
|
|
|
GENERAL ELEC CO COM
|
|
|
337300
|
|
|
|
|
|
|
|
8,857,498
|
|
|
|
|
|
GENUINE PARTS CO COM
|
|
|
41700
|
|
|
|
|
|
|
|
1,664,664
|
|
|
|
|
|
GENWORTH FINL INC COM
|
|
|
41700
|
|
|
|
|
|
|
|
750,183
|
|
|
|
|
|
GENZYME CORP COM
|
|
|
41500
|
|
|
|
|
|
|
|
3,010,825
|
|
|
|
|
|
GILEAD SCI INC COM
|
|
|
44268
|
|
|
|
|
|
|
|
2,340,006
|
|
|
|
|
|
GOLDMAN SACHS GROUP INC COM
|
|
|
4100
|
|
|
|
|
|
|
|
715,696
|
|
|
|
|
|
GOOGLE INC CL A CL A
|
|
|
15298
|
|
|
|
|
|
|
|
8,078,415
|
|
|
|
|
|
HANCOCK HLDG CO COM
|
|
|
16470
|
|
|
|
|
|
|
|
671,646
|
|
|
|
|
|
HANOVER INS GROUP INC COM
|
|
|
10580
|
|
|
|
|
|
|
|
458,114
|
|
|
|
|
|
HARLEY DAVIDSON INC COM
|
|
|
49300
|
|
|
|
|
|
|
|
1,805,859
|
|
|
|
|
|
HARMAN INTL INDS INC NEW COM STK
USD0.01
|
|
|
22800
|
|
|
|
|
|
|
|
947,340
|
|
|
|
|
|
*HARRIS CORP COM
|
|
|
2536437
|
|
|
|
|
|
|
|
129,814,846
|
|
|
|
|
|
HENRY JACK & ASSOC INC COM
|
|
|
31495
|
|
|
|
|
|
|
|
688,166
|
|
|
|
|
|
HERSHEY CO COM
|
|
|
111500
|
|
|
|
|
|
|
|
3,621,520
|
|
14
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Corporate Common Stock
|
|
|
|
|
|
HOME DEPOT INC COM
|
|
|
137700
|
|
|
|
|
|
|
|
3,307,554
|
|
|
|
|
|
HONEYWELL INTL INC COM STK
|
|
|
45500
|
|
|
|
|
|
|
|
2,239,965
|
|
|
|
|
|
HUMANA INC COM
|
|
|
17600
|
|
|
|
|
|
|
|
726,352
|
|
|
|
|
|
ICONIX BRAND GROUP INC COM
|
|
|
71004
|
|
|
|
|
|
|
|
854,178
|
|
|
|
|
|
ILL TOOL WKS INC COM
|
|
|
67500
|
|
|
|
|
|
|
|
3,129,300
|
|
|
|
|
|
INTEL CORP COM
|
|
|
133396
|
|
|
|
|
|
|
|
2,866,680
|
|
|
|
|
|
INTERCONTINENTALEXCHANGE INC COM
|
|
|
17000
|
|
|
|
|
|
|
|
2,019,600
|
|
|
|
|
|
INTL FLAVORS & FRAGRANCES INC COM
|
|
|
60200
|
|
|
|
|
|
|
|
2,390,542
|
|
|
|
|
|
INTL GAME TECH COM
|
|
|
25716
|
|
|
|
|
|
|
|
640,586
|
|
|
|
|
|
INTL PAPER CO COM
|
|
|
152096
|
|
|
|
|
|
|
|
3,557,525
|
|
|
|
|
|
INTUITIVE SURGICAL INC COM NEW STK
|
|
|
8000
|
|
|
|
|
|
|
|
2,156,720
|
|
|
|
|
|
IRON MTN INC COM STK
|
|
|
26000
|
|
|
|
|
|
|
|
732,160
|
|
|
|
|
|
JOHNSON & JOHNSON COM
|
|
|
63600
|
|
|
|
|
|
|
|
4,043,052
|
|
|
|
|
|
JPMORGAN CHASE & CO COM
|
|
|
193924
|
|
|
|
|
|
|
|
6,797,036
|
|
|
|
|
|
JUNIPER NETWORKS INC COM
|
|
|
89979
|
|
|
|
|
|
|
|
2,037,125
|
|
|
|
|
|
KEY ENERGY SVCS INC
|
|
|
113000
|
|
|
|
|
|
|
|
2,182,030
|
|
|
|
|
|
KEYCORP NEW COM
|
|
|
102800
|
|
|
|
|
|
|
|
1,145,192
|
|
|
|
|
|
KIMBERLY-CLARK CORP COM
|
|
|
30400
|
|
|
|
|
|
|
|
1,820,048
|
|
|
|
|
|
KOHLS CORP COM
|
|
|
22948
|
|
|
|
|
|
|
|
949,588
|
|
|
|
|
|
KRAFT FOODS INC CL A
|
|
|
72000
|
|
|
|
|
|
|
|
2,044,080
|
|
|
|
|
|
LAMAR ADVERTISING CO CL A COM
|
|
|
13300
|
|
|
|
|
|
|
|
467,761
|
|
|
|
|
|
LAS VEGAS SANDS CORP COM
|
|
|
53900
|
|
|
|
|
|
|
|
2,538,690
|
|
|
|
|
|
LEGG MASON INC COM
|
|
|
45500
|
|
|
|
|
|
|
|
2,007,005
|
|
|
|
|
|
LIBERTY GLOBAL INC COM SER A
|
|
|
6644
|
|
|
|
|
|
|
|
209,020
|
|
|
|
|
|
LIBERTY GLOBAL INC COM SER C
|
|
|
36154
|
|
|
|
|
|
|
|
1,100,889
|
|
|
|
|
|
LINCOLN NATL CORP COM
|
|
|
57023
|
|
|
|
|
|
|
|
2,641,305
|
|
|
|
|
|
LIONS GATE ENTMT CORP COM NEW
|
|
|
123000
|
|
|
|
|
|
|
|
1,259,520
|
|
|
|
|
|
LIVE NATION INC COM
|
|
|
66269
|
|
|
|
|
|
|
|
695,162
|
|
|
|
|
|
MACYS INC COM
|
|
|
22700
|
|
|
|
|
|
|
|
443,331
|
|
|
|
|
|
MAGELLAN HLTH SVCS INC COM
|
|
|
29760
|
|
|
|
|
|
|
|
1,125,523
|
|
|
|
|
|
MARRIOTT INTL INC NEW COM
|
|
|
31500
|
|
|
|
|
|
|
|
840,735
|
|
|
|
|
|
MARSH & MCLENNAN COS INC COM
|
|
|
172700
|
|
|
|
|
|
|
|
4,623,179
|
|
|
|
|
|
MARVELL TECH GROUP COM USD02
|
|
|
107150
|
|
|
|
|
|
|
|
1,894,412
|
|
|
|
|
|
MASCO CORP COM
|
|
|
126200
|
|
|
|
|
|
|
|
2,009,104
|
|
|
|
|
|
MASTERCARD INC CL A
|
|
|
1300
|
|
|
|
|
|
|
|
353,236
|
|
|
|
|
|
MATTEL INC COM
|
|
|
97500
|
|
|
|
|
|
|
|
1,727,700
|
|
|
|
|
|
MC CORMICK & CO INC COM NON-VTG
|
|
|
31900
|
|
|
|
|
|
|
|
1,144,572
|
|
|
|
|
|
MCDERMOTT INTL INC COM
|
|
|
13900
|
|
|
|
|
|
|
|
864,580
|
|
|
|
|
|
MCGRAW HILL COMPANIES INC COM
|
|
|
83900
|
|
|
|
|
|
|
|
3,416,408
|
|
|
|
|
|
MCKESSON CORP
|
|
|
11900
|
|
|
|
|
|
|
|
674,849
|
|
|
|
|
|
MEADWESTVACO CORP COM
|
|
|
68400
|
|
|
|
|
|
|
|
1,586,196
|
|
|
|
|
|
MEDCO HEALTH SOLUTIONS INC COM
|
|
|
15300
|
|
|
|
|
|
|
|
715,122
|
|
|
|
|
|
MEDTRONIC INC COM
|
|
|
19554
|
|
|
|
|
|
|
|
1,001,947
|
|
|
|
|
|
MERCK & CO INC COM
|
|
|
79600
|
|
|
|
|
|
|
|
2,943,608
|
|
|
|
|
|
MERRILL LYNCH & CO INC COM
|
|
|
85300
|
|
|
|
|
|
|
|
2,789,310
|
|
|
|
|
|
MERUELO MADDUX PPTYS INC COM
|
|
|
90930
|
|
|
|
|
|
|
|
154,581
|
|
|
|
|
|
METROPCS COMMUNICATIONS INC COM
|
|
|
33700
|
|
|
|
|
|
|
|
581,662
|
|
|
|
|
|
MGM MIRAGE COM
|
|
|
63568
|
|
|
|
|
|
|
|
2,198,181
|
|
|
|
|
|
MICROSOFT CORP COM
|
|
|
220447
|
|
|
|
|
|
|
|
6,090,951
|
|
|
|
|
|
MONEYGRAM INTL INC COM
|
|
|
126300
|
|
|
|
|
|
|
|
106,092
|
|
15
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Corporate Common Stock
|
|
|
|
|
|
MONSTER WORLDWIDE INC COM
|
|
|
14700
|
|
|
|
|
|
|
|
308,406
|
|
|
|
|
|
MOODYS CORP COM
|
|
|
48500
|
|
|
|
|
|
|
|
1,684,405
|
|
|
|
|
|
MORGAN STANLEY COM STK
|
|
|
26257
|
|
|
|
|
|
|
|
963,894
|
|
|
|
|
|
MOTOROLA INC COM
|
|
|
138800
|
|
|
|
|
|
|
|
1,020,180
|
|
|
|
|
|
MURPHY OIL CORP COM
|
|
|
45600
|
|
|
|
|
|
|
|
4,390,824
|
|
|
|
|
|
NATIONAL OILWELL VARCO COM
|
|
|
58500
|
|
|
|
|
|
|
|
5,171,985
|
|
|
|
|
|
NATL CITY CORP COM
|
|
|
93100
|
|
|
|
|
|
|
|
445,949
|
|
|
|
|
|
NBTY INC COM
|
|
|
22232
|
|
|
|
|
|
|
|
718,983
|
|
|
|
|
|
NEW YORK TIMES CO CL A ISIN
|
|
|
115300
|
|
|
|
|
|
|
|
1,804,445
|
|
|
|
|
|
NEWELL RUBBERMAID INC COM
|
|
|
106200
|
|
|
|
|
|
|
|
1,803,276
|
|
|
|
|
|
NISOURCE INC COM
|
|
|
169200
|
|
|
|
|
|
|
|
2,981,304
|
|
|
|
|
|
NORTHWESTERN CORP COM
|
|
|
43100
|
|
|
|
|
|
|
|
1,088,706
|
|
|
|
|
|
NRG EMERGY INC COM NEW
|
|
|
14400
|
|
|
|
|
|
|
|
608,832
|
|
|
|
|
|
PEABODY ENERGY CORP COM STK
|
|
|
22860
|
|
|
|
|
|
|
|
1,921,383
|
|
|
|
|
|
PFIZER INC COM STK $.11 1/9 PAR
|
|
|
171100
|
|
|
|
|
|
|
|
2,956,608
|
|
|
|
|
|
PG&E CORP COM
|
|
|
34100
|
|
|
|
|
|
|
|
1,308,758
|
|
|
|
|
|
PINNACLE W. CAP CORP COM
|
|
|
36200
|
|
|
|
|
|
|
|
1,124,372
|
|
|
|
|
|
PRAXAIR INC COM
|
|
|
13600
|
|
|
|
|
|
|
|
1,287,376
|
|
|
|
|
|
PROCTER & GAMBLE CO COM
|
|
|
37900
|
|
|
|
|
|
|
|
2,292,571
|
|
|
|
|
|
PROGRESS ENERGY INC COM
|
|
|
47000
|
|
|
|
|
|
|
|
1,953,320
|
|
|
|
|
|
PROGRESSIVE CORP OH COM
|
|
|
84500
|
|
|
|
|
|
|
|
1,634,230
|
|
|
|
|
|
QUALCOMM INC COM
|
|
|
29400
|
|
|
|
|
|
|
|
1,342,110
|
|
|
|
|
|
QWEST COMMUNICATIONS INTL INC COM
|
|
|
349800
|
|
|
|
|
|
|
|
1,332,738
|
|
16
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Corporate Common Stock
|
|
|
|
|
|
ROYAL BK SCOT GRP ORD GBP0.25
|
|
|
114400
|
|
|
|
|
|
|
|
496,107
|
|
|
|
|
|
S.W. AIRL CO COM
|
|
|
81000
|
|
|
|
|
|
|
|
1,079,730
|
|
|
|
|
|
SALESFORCE COM INC
|
|
|
33500
|
|
|
|
|
|
|
|
2,298,770
|
|
|
|
|
|
SCHLUMBERGER LTD COM STK
|
|
|
76114
|
|
|
|
|
|
|
|
8,060,473
|
|
|
|
|
|
SCHWAB CHARLES CORP COM NEW
|
|
|
13300
|
|
|
|
|
|
|
|
275,576
|
|
|
|
|
|
SCIENTIFIC GAMES CORP
|
|
|
63760
|
|
|
|
|
|
|
|
1,938,304
|
|
|
|
|
|
SLM CORP COM
|
|
|
109700
|
|
|
|
|
|
|
|
2,136,956
|
|
|
|
|
|
SPECTRA ENERGY CORP COM
|
|
|
60800
|
|
|
|
|
|
|
|
1,731,584
|
|
|
|
|
|
SPRINT NEXTEL CORP
|
|
|
184100
|
|
|
|
|
|
|
|
1,640,331
|
|
|
|
|
|
ST JUDE MED INC COM
|
|
|
16648
|
|
|
|
|
|
|
|
674,910
|
|
|
|
|
|
STARBUCKS CORP COM
|
|
|
131500
|
|
|
|
|
|
|
|
2,150,025
|
|
|
|
|
|
STATE STR CORP COM
|
|
|
25729
|
|
|
|
|
|
|
|
1,646,913
|
|
|
|
|
|
STRYKER CORP COMMON
|
|
|
34100
|
|
|
|
|
|
|
|
2,123,066
|
|
|
|
|
|
SUN TR BANKS INC COM
|
|
|
72000
|
|
|
|
|
|
|
|
2,666,880
|
|
|
|
|
|
SUNCOR INC COM STK NPV
|
|
|
12200
|
|
|
|
|
|
|
|
718,946
|
|
|
|
|
|
SUNOCO INC COM
|
|
|
45700
|
|
|
|
|
|
|
|
1,712,836
|
|
|
|
|
|
TECO ENERGY INC COM
|
|
|
34900
|
|
|
|
|
|
|
|
728,712
|
|
|
|
|
|
TIME WARNER INC NEW COM
|
|
|
228100
|
|
|
|
|
|
|
|
3,289,202
|
|
|
|
|
|
TIMKEN CO COM
|
|
|
12136
|
|
|
|
|
|
|
|
399,517
|
|
|
|
|
|
TRAVELERS COS INC COM
|
|
|
37949
|
|
|
|
|
|
|
|
1,681,141
|
|
|
|
|
|
TYCO ELECTRONICS L COM STK
|
|
|
10800
|
|
|
|
|
|
|
|
389,124
|
|
|
|
|
|
UBS AG CHFO.10
|
|
|
60200
|
|
|
|
|
|
|
|
1,322,104
|
|
|
|
|
|
UNITED PARCEL SVC INC
|
|
|
21200
|
|
|
|
|
|
|
|
1,279,632
|
|
|
|
|
|
US BANCORP
|
|
|
125100
|
|
|
|
|
|
|
|
3,541,581
|
|
|
|
|
|
USG CORP COM
|
|
|
43800
|
|
|
|
|
|
|
|
1,317,504
|
|
|
|
|
|
UST INC COM
|
|
|
26400
|
|
|
|
|
|
|
|
1,431,936
|
|
17
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Corporate Common Stock
|
|
|
|
|
|
VARIAN MED SYS INC COM ISIN
|
|
|
32500
|
|
|
|
|
|
|
|
1,671,475
|
|
|
|
|
|
VERIZON COMMUNICATIONS COM
|
|
|
79834
|
|
|
|
|
|
|
|
2,736,710
|
|
|
|
|
|
VISA INC COM CL A STK
|
|
|
34000
|
|
|
|
|
|
|
|
2,808,400
|
|
|
|
|
|
VULCAN MATERIALS CO COM
|
|
|
34100
|
|
|
|
|
|
|
|
2,063,732
|
|
|
|
|
|
WAL-MART STORES INC COM
|
|
|
21900
|
|
|
|
|
|
|
|
1,232,970
|
|
|
|
|
|
WASTE MGMT INC DEL COM STK
|
|
|
49272
|
|
|
|
|
|
|
|
1,834,889
|
|
|
|
|
|
WELLPOINT INC COM
|
|
|
22800
|
|
|
|
|
|
|
|
1,096,224
|
|
|
|
|
|
WELLS FARGO & CO NEW COM STK
|
|
|
136500
|
|
|
|
|
|
|
|
3,280,095
|
|
|
|
|
|
WHIRLPOOL CORP COM
|
|
|
30400
|
|
|
|
|
|
|
|
1,938,608
|
|
|
|
|
|
WHOLE FOODS MKT INC COM
|
|
|
11400
|
|
|
|
|
|
|
|
281,010
|
|
|
|
|
|
WYETH COM
|
|
|
85500
|
|
|
|
|
|
|
|
3,940,695
|
|
|
|
|
|
XCEL ENERGY INC COM
|
|
|
96700
|
|
|
|
|
|
|
|
1,910,792
|
|
|
|
|
|
XILINX INC COM
|
|
|
41072
|
|
|
|
|
|
|
|
1,037,889
|
|
|
|
|
|
YAHOO INC COM
|
|
|
114100
|
|
|
|
|
|
|
|
2,433,753
|
|
|
|
|
|
YUM BRANDS INC COM
|
|
|
21800
|
|
|
|
|
|
|
|
763,220
|
|
|
|
|
|
|
|
Corporate Common Stock Total
|
|
|
|
|
|
|
|
|
|
$
|
567,373,123
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
(e)
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
(d)
|
|
Current
|
(a)
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
Cost
|
|
Value
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
Participant Loans
|
|
|
|
*PARTICIPANT LOAN ASSET
HARRIS CORP.
|
|
4.0% to 10.5%
Maturing through 2017
|
|
|
|
$
|
33,500,965
|
|
|
|
|
Participant Loans Total
|
|
|
|
|
|
$
|
33,500,965
|
|
|
|
|
|
|
|
|
|
|
|
19
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Value of Interest in Common/Collective Trusts
|
|
|
|
|
|
MFB NTGI-QM COLLECTIVE DAILY SMALLCAP EQUITY INDEX
FUND LENDING
|
|
|
311077
|
|
|
|
|
|
|
$
|
82,184,640
|
|
|
|
|
|
MFB NTGI-QM COLTV DAILY AGGREGATE BD INDEX FD-LNDG
|
|
|
104236
|
|
|
|
|
|
|
|
38,401,804
|
|
|
|
|
|
MFB NTGI-QM COLTV DAILY RUSSELL 1000 EQTY INDEX
FD-LENDING
|
|
|
1489332
|
|
|
|
|
|
|
|
251,003,015
|
|
|
|
|
|
MFB NTGI-QM COLTV DAILY RUSSELL 1000 GROWTH EQTY
INDEX FD-LENDING
|
|
|
13785
|
|
|
|
|
|
|
|
3,310,630
|
|
|
|
|
|
MFB NTGI-QM COLTV DAILY RUSSELL 2000 GROWTH EQTY
INDEX FD-LENDING
|
|
|
416317
|
|
|
|
|
|
|
|
81,831,688
|
|
|
|
|
|
MFB NTGI-QM COLTV DAILY S&P500 EQTY INDEX
FD-LENDING
|
|
|
64590
|
|
|
|
|
|
|
|
230,213,288
|
|
|
|
|
|
MFO BK OF NY COLTV TR AGGREGATE INDEX FD
|
|
|
20447262
|
|
|
|
|
|
|
|
247,919,593
|
|
|
|
|
|
WELSS FARGO SHORT TERM INVESTMENT FUND
|
|
|
41980610
|
|
|
|
|
|
|
|
41,980,610
|
|
|
|
|
|
NTGI COLTV GOVT STIF REGISTERED
|
|
|
3467916
|
|
|
|
|
|
|
|
3,467,916
|
|
|
|
|
|
MFO FIDELITY MANAGED INC PORTFOLIO
|
|
|
5610465
|
|
|
|
|
|
|
|
5,610,465
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2000
|
|
|
149562
|
|
|
|
|
|
|
|
1,471,692
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2005
|
|
|
531639
|
|
|
|
|
|
|
|
5,109,053
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2010
|
|
|
1711513
|
|
|
|
|
|
|
|
16,413,407
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2015
|
|
|
2659703
|
|
|
|
|
|
|
|
25,240,585
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2020
|
|
|
2799535
|
|
|
|
|
|
|
|
25,951,691
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2025
|
|
|
2758941
|
|
|
|
|
|
|
|
25,465,024
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2030
|
|
|
1642218
|
|
|
|
|
|
|
|
14,829,227
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2035
|
|
|
1277623
|
|
|
|
|
|
|
|
11,498,606
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2040
|
|
|
897742
|
|
|
|
|
|
|
|
8,016,837
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2045
|
|
|
659344
|
|
|
|
|
|
|
|
5,894,539
|
|
|
|
|
|
MFO PYRAMIS INDEX LIFECYCLE 2050
|
|
|
301361
|
|
|
|
|
|
|
|
2,694,168
|
|
|
|
|
|
GALLIARD CAPITAL MANAGEMENT
WELLS FARGO BANK, NA
FIXED INCOME FUND F
|
|
|
21366078
|
|
|
|
|
|
|
|
242,687,071
|
|
|
|
|
|
GALLIARD CAPITAL MANAGEMENT
WELLS FARGO BANK, NA
FIXED INCOME FUND A
|
|
|
7370394
|
|
|
|
|
|
|
|
133,038,313
|
|
|
|
|
|
GALLIARD CAPITAL MANAGEMENT
WELLS FARGO BANK, NA
FIXED INCOME FUND E
|
|
|
8720008
|
|
|
|
|
|
|
|
151,430,213
|
|
|
|
|
|
|
|
Value of Interest in Common/Collective Trusts Total
|
|
|
|
|
|
|
|
|
|
$
|
1,655,664,075
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Value of Interest in Registered Investment Companies
|
|
|
|
|
|
MFO ALLIANZ FDS RCM TECHNOLOGY FD INSTL CL
|
|
|
1117759
|
|
|
|
|
|
|
$
|
48,443,678
|
|
|
|
|
|
MFO COLUMBIA FDS SER TR INTL VALUE FD CLA
|
|
|
11182677
|
|
|
|
|
|
|
|
189,658,204
|
|
|
|
|
|
MFO RESV INVT FDS INC
|
|
|
7119998
|
|
|
|
|
|
|
|
7,119,998
|
|
|
|
|
|
MFO RIDGEWORTH INSTL CASH MGMT MONEY MKT FD INSTL CL
|
|
|
67180054
|
|
|
|
|
|
|
|
67,180,054
|
|
|
|
|
|
|
Value of Interest in Registered
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment Companies Total
|
|
|
|
|
|
|
|
|
|
$
|
312,401,934
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21
Harris Corporation Retirement Plan
E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Fiscal Year)
June 27, 2008
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of Investment
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
Including
|
|
|
|
|
|
|
(e)
|
|
|
|
|
|
Identity of Issue, Borrower, Lessor,
|
|
Maturity Date, Rate of Interest,
|
|
|
(d)
|
|
|
Current
|
|
(a)
|
|
|
or Similar Party
|
|
Collateral, Par or Maturity Value
|
|
|
Cost
|
|
|
Value
|
|
|
|
|
|
|
|
(In Shares/Par Value except
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participant Loans)
|
|
|
|
|
|
|
|
|
|
Guaranteed Investment Contracts
|
|
|
|
|
|
GIC NATIXIS FINANCIAL PRODUCTS
CONTRACT NUMBER 1121-03 RATE 4.32%
MATURITY 00/00/0000 SYNTHETIC
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WRAPPER
|
|
|
|
|
|
|
|
|
|
$
|
0
|
|
|
|
|
|
JP MORGAN CHASE BANK NA CONTRACT NUMBER AHARRIS-01
RATE 4.32% MATURITY 00/00/0000 SYNTHETIC
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WRAPPER
|
|
|
|
|
|
|
|
|
|
|
168,485
|
|
|
|
|
|
STATE STREET BANK AND TRUST CO
CONTRACT NUMBER 105004 RATE 4.59%
MATURITY 00/00/0000 SYNTHETIC
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WRAPPER
|
|
|
|
|
|
|
|
|
|
|
153,498
|
|
|
|
|
|
PACIFIC LIFE INSURANCE CO. CONTRACT
NUMBER G-27236.01.0001 RATE 5.14%
MATURITY 00/00/0000 SYNTHETIC
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WRAPPER
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
MONUMENTAL LIFE INSURANCE CO.
CONTRACT NO. MDA00808TR RATE 5.57%
MATURITY 00/00/000 SYNTHETIC
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WRAPPER
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
RABOBANK NEDERLAND CONTRACT
NUMBER HRS090701 RATE 5.57% MATURITY
00/00/0000 SYNTHETIC
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WRAPPER
|
|
|
|
|
|
|
|
|
|
|
57,430
|
|
|
|
|
|
|
|
Guaranteed Investment Contracts Total
|
|
|
|
|
|
|
|
|
|
$
|
379,413
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate Investments
|
|
|
|
|
|
BIOMED RLTY TR INC COM
|
|
|
25650
|
|
|
|
|
|
|
$
|
632,273
|
|
|
|
|
|
CAPLEASE INC COM
|
|
|
28520
|
|
|
|
|
|
|
|
213,900
|
|
|
|
|
|
|
Real Estate Investments Total
|
|
|
|
|
|
|
|
|
|
$
|
846,173
|
|
|
|
|
|
|
|
|
|
Total
Investments, excluding interest bearing cash
|
|
|
|
|
|
|
|
|
|
$
|
2,573,591,549
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: Cost information has not been included in column (d) because all investments are
participant-directed.
|
|
|
*
|
|
Party-in-interest to the Plan
|
22
SIGNATURES
The Plan.
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees
(or other persons who administer the employee benefit plan) have duly caused this annual report to
be signed on their behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
|
Harris Corporation Retirement Plan
Employee Benefits Committee,
as Plan Administrator
|
|
|
By:
|
/s/ Ronald A. Wyse
|
|
|
|
Ronald A. Wyse, Chairperson
|
|
|
|
|
|
|
Date: December 17, 2008
23
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