Cash and Cash Equivalents (Tables)

3 Months Ended

Apr. 03, 2026

Cash and Cash Equivalents [Abstract]

The components of our cash and cash equivalents balance are as follows:


	April 3, 2026
Dollars in millions	International (a)		Domestic (b)		Total
Cash and cash equivalents	$	170	$	135	$	305
Short-term investments (c)	16		—		16
Cash and cash equivalents held in consolidated joint ventures and Aspire Defence subcontracting entities (d)	59		—		59
Total	$	245	$	135	$	380





	January 2, 2026
Dollars in millions	International (a)		Domestic (b)		Total
Cash and cash equivalents	$	226	$	199	$	425
Short-term investments (c)	12		11		23
Cash and cash equivalents held in consolidated joint ventures and Aspire Defence subcontracting entities (d)	52		—		52
Total	$	290	$	210	$	500

(a)Includes deposits held by non-U.S. entities with operating accounts that constitute offshore cash for tax purposes.

(b)Includes U.S. dollar and foreign currency deposits held in U.S. entities with operating accounts that constitute onshore cash for tax purposes but may reside either in the U.S. or in a foreign country. Includes cash and cash equivalents held by our wholly owned captive insurance company of $10 million and $15 million as of April 3, 2026 and January 2, 2026, respectively, which is generally not available to KBR to support its other operations.

(c)Includes time deposits, money market funds and other highly liquid short-term investments.

(d)Includes short-term investments held by Aspire Defence subcontracting entities for $11 million as of April 3, 2026 and January 2, 2026.