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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Leidos stockholders' equity
Shares of common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2021     140,000,000        
Beginning balance at Dec. 31, 2021 $ 4,344 $ 4,291   $ 2,423 $ 1,880 $ (12) $ 53
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 177 175     175   2
Other comprehensive income, net of taxes 32 32       32  
Issuances of stock (in shares)     1,000,000        
Issuances of stock 15 15   15      
Repurchases of stock and other (in shares)     (4,000,000)        
Repurchases of stock and other (526) (526)   (526)      
Dividends (48) (48)     (48)    
Stock-based compensation 16 16   16      
Net capital distributions to non-controlling interest (2)           (2)
Ending balance (in shares) at Apr. 01, 2022     137,000,000        
Ending balance at Apr. 01, 2022 $ 4,008 3,955   1,928 2,007 20 53
Beginning balance (in shares) at Dec. 30, 2022 137,000,000   137,000,000        
Beginning balance at Dec. 30, 2022 $ 4,353 4,299   2,005 2,367 (73) 54
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 164 162     162   2
Other comprehensive income, net of taxes 9 9       9  
Issuances of stock 14 14   14      
Repurchases of stock and other (43) (43)   (43)      
Dividends (50) (50)     (50)    
Stock-based compensation 18 18   18      
Net capital distributions to non-controlling interest $ (1)           (1)
Ending balance (in shares) at Mar. 31, 2023 137,000,000   137,000,000        
Ending balance at Mar. 31, 2023 $ 4,464 $ 4,409   $ 1,994 $ 2,479 $ (64) $ 55