The key components of net loss attributable to KBR from discontinued operations for the three months ended April 3, 2026 and April 4, 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | Three months ended | | Dollars in millions | | | | | April 3, 2026 | | April 4, 2025 | | | | Revenues | | | | | $ | — | | | $ | 37 | | | | | Cost of revenues | | | | | (1) | | | (39) | | | | | Gross loss | | | | | (1) | | | (2) | | | | | Selling, general and administrative expenses | | | | | (1) | | | (5) | | | | | | | | | | | | | | | | | | | | | | | | | Operating loss | | | | | (2) | | | (7) | | | | | | | | | | | | | | | | | | | | | | | | | Loss from discontinued operations before income taxes | | | | | (2) | | | (7) | | | | | Provision for income taxes | | | | | — | | | 1 | | | | | Net loss from discontinued operations, net of tax | | | | | (2) | | | (6) | | | | | Less: Net loss attributable to noncontrolling interests included in discontinued operations | | | | | (1) | | | (2) | | | | | Net loss attributable to KBR from discontinued operations | | | | | $ | (1) | | | $ | (4) | | | |
The following table summarizes the major classes of assets and liabilities of discontinued operations that were included in the Company's condensed consolidated balance sheets as of April 3, 2026 and January 2, 2026: | | | | | | | | | | | | | | | Dollars in millions | April 3, 2026 | | January 2, 2026 | | | | Assets | | | | | | | | | | | | | Cash and cash equivalents | $ | 4 | | | $ | 5 | | | | | Accounts receivable, net of allowance for credit losses | — | | | 1 | | | | | | | | | | | | | | | | | Other current assets | 12 | | | 13 | | | | | Total current assets of discontinued operations | $ | 16 | | | $ | 19 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | | Accounts payable | $ | 6 | | | $ | 8 | | | | | Contract liabilities | 2 | | | 2 | | | | | Accrued salaries, wages and benefits | — | | | 1 | | | | | | | | | | | | | | | | | Other current liabilities | 10 | | | 8 | | | | | Total current liabilities of discontinued operations | $ | 18 | | | $ | 19 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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