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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 30, 2016
Current assets:    
Cash and cash equivalents $ 206 $ 376
Receivables, net 1,841 1,657
Inventory, prepaid expenses and other current assets 348 348
Total current assets 2,395 2,381
Property, plant and equipment, net 238 259
Intangible assets, net 1,520 1,589
Goodwill 4,619 4,622
Deferred tax assets 15 16
Other assets 353 265
Total assets 9,140 9,132
Current liabilities:    
Accounts payable 592 591
Accrued liabilities 837 836
Accrued payroll and employee benefits 396 483
Dividends payable 21 23
Income taxes payable 53 21
Notes payable and long-term debt, current portion 84 62
Total current liabilities 1,983 2,016
Notes payable and long-term debt, net of current portion 3,188 3,225
Deferred tax liabilities 564 540
Other long-term liabilities 217 204
Stockholders’ equity:    
Common stock, $.0001 par value, 500 million shares authorized, 151 million and 150 million shares issued and outstanding at March 31, 2017 and December 30, 2016, respectively 0 0
Additional paid-in capital 3,323 3,316
Accumulated deficit (154) (177)
Accumulated other comprehensive income (loss) 8 (4)
Total Leidos stockholders’ equity 3,177 3,135
Non-controlling interest 11 12
Total equity 3,188 3,147
Total liabilities and stockholders' equity $ 9,140 $ 9,132