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BUSINESS SEGMENT INFORMATION (Tables)
 3 Months Ended
Mar. 29, 2024
Segment Reporting [Abstract]  
Schedule of Selected Financial Information by Business Segments
Segment revenue, segment operating income and a reconciliation of segment operating income to total income before income taxes are as follows:
Quarter Ended
(In millions)March 29, 2024March 31, 2023
Revenue
SAS$1,751 $1,655 
IMS1,669 1,700 
CS1,294 1,163 
AR542 **
Corporate eliminations(45)(47)
Total revenue$5,211 $4,471 
Income before Income Taxes
Operating income:
SAS
$216 $187 
IMS
190 185 
CS310 266 
AR72 **
Total segment 788 638 
Total unallocated corporate expenses(410)(245)
Total operating income378 393 
Non-service FAS pension income and other, net88 82 
Interest expense, net(176)(102)
Income before income taxes$290 $373 
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**    AR is a reportable segment established during the quarter ended September 29, 2023, which consists of operations of AJRD. As such, there is no comparable prior year information.
The table below is a reconciliation of the FAS/CAS operating adjustment:
Quarter Ended
(In millions)March 29, 2024March 31, 2023
FAS pension service cost$(8)$(6)
Less: CAS pension cost(15)(28)
FAS/CAS operating adjustment7 22 
Non-service FAS pension income80 77 
FAS/CAS pension adjustment, net$87 $99 
Schedule of Disaggregation of Revenue by Segment
Disaggregation of Revenue
We disaggregate revenue for all four business segments by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.
Quarter Ended
March 29, 2024March 31, 2023
(In millions)SASIMSCSARSASIMSCSAR
Revenue By Customer Relationship
Prime contractor$1,108 $1,066 $913 $153 $1,010 $1,154 $807 **
Subcontractor628 587 367 389 632 525 343 **
Intersegment15 16 14 — 13 21 13 **
Total segment$1,751 $1,669 $1,294 $542 $1,655 $1,700 $1,163 **
Revenue By Contract Type
Fixed-price(1)
$1,108 $1,278 $1,065 $302 $1,022 $1,286 $978 **
Cost-reimbursable628 375 215 240 620 393 172 **
Intersegment15 16 14 — 13 21 13 **
Total segment$1,751 $1,669 $1,294 $542 $1,655 $1,700 $1,163 **
Revenue By Geographical Region
United States$1,507 $1,203 $925 $527 $1,454 $1,257 $791 **
International229 450 355 15 188 422 359 **
Intersegment15 16 14 — 13 21 13 **
Total segment$1,751 $1,669 $1,294 $542 $1,655 $1,700 $1,163 **
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**    AR is a reportable segment established during the quarter ended September 29, 2023, which consists of operations of AJRD. As such, there is no comparable prior year information.
(1)Includes revenue derived from time-and-materials contracts.
Schedule of Total Assets by Segment
Total assets by business segment are as follows:
(In millions)March 29, 2024December 29, 2023
SAS$9,111 $9,085 
IMS10,876 10,631 
CS7,019 7,084 
AR4,295 4,208 
Corporate(1)
10,515 10,679 
Total Assets$41,816 $41,687 
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(1)Identifiable intangible assets acquired in connection with business combinations were recorded as corporate assets because they benefited the entire Company. Identifiable intangible asset balances recorded as corporate assets were $8.3 billion and $8.5 billion at March 29, 2024 and December 29, 2023, respectively. Corporate assets also consisted of cash, income taxes receivable, deferred income taxes, deferred compensation plan investments, buildings and equipment, real estate held for development and leasing, as well as any assets of businesses held for sale.