XML 48 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Apr. 03, 2020
Jan. 03, 2020
ASSETS    
Cash and cash equivalents $ 445 $ 668
Receivables, net 1,793 1,734
Other current assets 630 410
Total current assets 2,868 2,812
Property, plant and equipment, net 490 287
Intangible assets, net 950 530
Goodwill 5,719 4,912
Operating lease right-of-use assets, net 539 400
Other assets 422 426
Total assets 10,988 9,367
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 1,966 1,837
Accrued payroll and employee benefits 531 435
Long-term debt, current portion 1,793 61
Total current liabilities 4,290 2,333
Long-term debt, net of current portion 2,444 2,925
Operating lease liabilities 500 326
Deferred tax liabilities 176 184
Other long-term liabilities 219 182
Commitments and contingencies (Notes 14 and 15)
Stockholders’ equity:    
Common stock, $0.0001 par value, 500 million shares authorized, 142 million and 141 million shares issued and outstanding at April 3, 2020 and January 3, 2020, respectively 0 0
Additional paid-in capital 2,579 2,587
Retained earnings 961 896
Accumulated other comprehensive loss (185) (70)
Total Leidos stockholders’ equity 3,355 3,413
Non-controlling interest 4 4
Total equity 3,359 3,417
Total liabilities and stockholders' equity $ 10,988 $ 9,367