Revenues (Tables)

6 Months Ended

Jun. 28, 2024

Revenue from Contract with Customer [Abstract]

Disaggregated revenues by customer-type were as follows:


	Three Months Ended June 28, 2024
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
DoD and U.S. Intelligence Community	$	1,247	$	255	$	4	$	441	$	1,947
Other U.S. government agencies(1)	520		986		81		24		1,611
Commercial and non-U.S. customers	28		16		475		30		549
Total	$	1,795	$	1,257	$	560	$	495	$	4,107


	Three Months Ended June 30, 2023
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
DoD and U.S. Intelligence Community	$	1,193	$	268	$	7	$	385	$	1,853
Other U.S. government agencies(1)	555		741		80		30		1,406
Commercial and non-U.S. customers	31		15		457		51		554
Total	$	1,779	$	1,024	$	544	$	466	$	3,813

(1) Includes federal government agencies other than the DoD and U.S. Intelligence Community, as well as state and local government agencies.


	Six Months Ended June 28, 2024
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
DoD and U.S. Intelligence Community	$	2,468	$	512	$	14	$	866	$	3,860
Other U.S. government agencies(1)	1,045		1,903		154		46		3,148
Commercial and non-U.S. customers	61		32		900		57		1,050
Total	$	3,574	$	2,447	$	1,068	$	969	$	8,058


	Six Months Ended June 30, 2023
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
DoD and U.S. Intelligence Community	$	2,347	$	540	$	15	$	775	$	3,677
Other U.S. government agencies(1)	1,112		1,454		145		60		2,771
Commercial and non-U.S. customers	66		29		873		76		1,044
Total	$	3,525	$	2,023	$	1,033	$	911	$	7,492

(1) Includes federal government agencies other than the DoD and U.S. Intelligence Community, as well as state and local government agencies.

Disaggregated revenues by contract-type were as follows:


	Three Months Ended June 28, 2024
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
Cost-reimbursement and fixed-price-incentive-fee	$	948	$	451	$	90	$	313	$	1,802
Firm-fixed-price	494		749		352		143		1,738
Time-and-materials and fixed-price-level-of-effort	353		57		118		39		567
Total	$	1,795	$	1,257	$	560	$	495	$	4,107


	Three Months Ended June 30, 2023
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
Cost-reimbursement and fixed-price-incentive-fee	$	956	$	522	$	82	$	267	$	1,827
Firm-fixed-price	497		454		349		157		1,457
Time-and-materials and fixed-price-level-of-effort	326		48		113		42		529
Total	$	1,779	$	1,024	$	544	$	466	$	3,813


	Six Months Ended June 28, 2024
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
Cost-reimbursement and fixed-price-incentive-fee	$	1,894	$	898	$	175	$	614	$	3,581
Firm-fixed-price	986		1,439		671		282		3,378
Time-and-materials and fixed-price-level-of-effort	694		110		222		73		1,099
Total	$	3,574	$	2,447	$	1,068	$	969	$	8,058


	Six Months Ended June 30, 2023
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
Cost-reimbursement and fixed-price-incentive-fee	$	1,883	$	1,075	$	174	$	539	$	3,671
Firm-fixed-price	1,004		857		638		291		2,790
Time-and-materials and fixed-price-level-of-effort	638		91		221		81		1,031
Total	$	3,525	$	2,023	$	1,033	$	911	$	7,492

Disaggregated revenues by geographic location were as follows:


	Three Months Ended June 28, 2024
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
United States	$	1,788	$	1,255	$	227	$	479	$	3,749
International	7		2		333		16		358
Total	$	1,795	$	1,257	$	560	$	495	$	4,107


	Three Months Ended June 30, 2023
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
United States	$	1,770	$	1,024	$	217	$	463	$	3,474
International	9		—		327		3		339
Total	$	1,779	$	1,024	$	544	$	466	$	3,813


	Six Months Ended June 28, 2024
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
United States	$	3,558	$	2,444	$	435	$	947	$	7,384
International	16		3		633		22		674
Total	$	3,574	$	2,447	$	1,068	$	969	$	8,058


	Six Months Ended June 30, 2023
	National Security and Digital		Health & Civil		Commercial & International		Defense Systems		Total
	(in millions)
United States	$	3,505	$	2,022	$	409	$	904	$	6,840
International	20		1		624		7		652
Total	$	3,525	$	2,023	$	1,033	$	911	$	7,492

Schedule of Components of Contract Assets and Contract Liabilities

The components of contract assets and contract liabilities consisted of the following:


	Balance sheet line item	June 28, 2024		December 29, 2023
		(in millions)
Contract assets - current:
Unbilled receivables	Receivables, net	$	1,136	$	1,041

Contract liabilities - current:
Deferred revenue(1)	Accounts payable and accrued liabilities	$	296	$	442

Contract liabilities - non-current:
Deferred revenue(1)	Other long-term liabilities	$	16	$	21

(1) Certain contracts record revenue net of cost of revenues, and therefore, the respective deferred revenue balance will not fully convert to revenue.