v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 03, 2026
Jan. 02, 2026
Current assets:    
Cash and cash equivalents $ 380 $ 500
Accounts receivable, net of allowance for credit losses of $5 and $6, respectively 1,039 1,086
Contract assets 332 280
Other current assets 180 166
Current assets of discontinued operations 16 19
Total current assets 1,947 2,051
Pension assets 101 89
Property, plant and equipment, net of accumulated depreciation of $503 and $506 (including net PPE of $5 and $5 owned by a variable interest entity), respectively 227 232
Operating lease right-of-use assets 212 217
Goodwill 2,671 2,677
Intangible assets, net of accumulated amortization of $513 and $501, respectively 709 727
Equity in and advances to unconsolidated affiliates 216 107
Deferred income taxes 151 162
Other assets (including $49 and $0 of available-for-sale debt securities at fair value, respectively) 391 322
Total assets 6,625 6,584
Current liabilities:    
Accounts payable 706 712
Contract liabilities 330 331
Accrued salaries, wages and benefits 349 342
Current maturities of long-term debt 49 49
Other current liabilities 232 235
Current liabilities of discontinued operations 18 19
Total current liabilities 1,684 1,688
Employee compensation and benefits 134 144
Income tax payable 94 83
Deferred income taxes 94 95
Long-term debt 2,534 2,547
Operating lease liabilities 228 236
Other liabilities 268 279
Total liabilities 5,036 5,072
Commitments and Contingencies (Notes 5, 10 and 11)
KBR shareholders' equity:    
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued 0 0
Common stock, $0.001 par value 300,000,000 shares authorized, 183,143,531 and 182,891,428 shares issued, and 126,789,905 and 126,454,289 shares outstanding, respectively 0 0
PIC 2,561 2,552
Retained earnings 1,778 1,697
Treasury stock, 56,353,626 shares and 56,437,139 shares, at cost, respectively (1,817) (1,818)
AOCL (938) (928)
Total KBR shareholders' equity 1,584 1,503
Noncontrolling interests 5 9
Total shareholders' equity 1,589 1,512
Total liabilities and shareholders' equity $ 6,625 $ 6,584