v3.26.1
Business Segment Information (Tables)
 6 Months Ended
Jul. 03, 2026
Segment Reporting [Abstract]  
Schedule of Operations by Reportable Segment Information on each of our business segments and reconciliation to net income (loss) attributable to KBR from continuing operations within our condensed consolidated statements of operations is presented in the tables below.
Operations by Reportable Segment
Three months ended July 3, 2026
Dollars in millionsMTSSTSCorporateTotal
Revenues$1,308 $676 $— $1,984 
Cost of revenues(1,120)(571)— (1,691)
Gross profit188 105 — 293 
Equity in earnings of unconsolidated affiliates11 41 — 52 
Selling, general and administrative expenses(69)(43)(31)(143)
Spin-off costs and other charges(15)(1)(15)(31)
Other operating income (expense)1 1 (1)1 
Operating income (loss)116 103 (47)172 
Interest expense— — (35)(35)
Other non-operating expense— — (2)(2)
Income (loss) from continuing operations before income taxes116 103 (84)135 
Provision for income taxes— — (38)(38)
Net income (loss) from continuing operations116 103 (122)97 
Less: Net income attributable to noncontrolling interests included in continuing operations— 2 — 2 
Net income (loss) attributable to KBR from continuing operations$116 $101 $(122)$95 
Supplemental Disclosures:
Depreciation and amortization$24 $11 $7 $42 
Purchases of property, plant, and equipment$(5)$(2)$(9)$(16)
Three months ended July 4, 2025
Dollars in millionsMTSSTSCorporateTotal
Revenues$1,336 $616 $— $1,952 
Cost of revenues(1,168)(494)— (1,662)
Gross profit168 122 — 290 
Equity in earnings of unconsolidated affiliates8 43 — 51 
Selling, general and administrative expenses(68)(40)(38)(146)
Other operating expense— — (1)(1)
Operating income (loss)108 125 (39)194 
Interest expense— — (41)(41)
Other non-operating income (expense)(2)1 (7)(8)
Income (loss) from continuing operations before income taxes106 126 (87)145 
Provision for income taxes— — (39)(39)
Net income (loss) from continuing operations106 126 (126)106 
Less: Net income (loss) attributable to noncontrolling interests included in continuing operations(1)2 — 1 
Net income (loss) attributable to KBR from continuing operations$107 $124 $(126)$105 
Supplemental Disclosures:
Depreciation and amortization$27 $11 $7 $45 
Purchases of property, plant, and equipment$(10)$(2)$(2)$(14)
Six months ended July 3, 2026
Dollars in millionsMTSSTSCorporateTotal
Revenues$2,604 $1,303 $— $3,907 
Cost of revenues(2,247)(1,102)— (3,349)
Gross profit357 201 — 558 
Equity in earnings of unconsolidated affiliates21 82 — 103 
Selling, general and administrative expenses(136)(65)(61)(262)
Spin-off costs and other charges(16)(2)(28)(46)
Other operating income (expense)1 — (2)(1)
Operating income (loss)227 216 (91)352 
Interest expense— — (72)(72)
Other non-operating expense— — (2)(2)
Income (loss) from continuing operations before income taxes227 216 (165)278 
Provision for income taxes— — (78)(78)
Net income (loss) from continuing operations227 216 (243)200 
Less: Net income attributable to noncontrolling interests included in continuing operations— 2 — 2 
Net income (loss) attributable to KBR from continuing operations$227 $214 $(243)$198 
Supplemental Disclosures:
Depreciation and amortization$49 $21 $13 $83 
Purchases of property, plant, and equipment$(12)$(3)$(13)$(28)
Total assets as of July 3, 2026$3,748 $2,026 $893 $6,667 
Six months ended July 4, 2025
Dollars in millionsMTSSTSCorporateTotal
Revenues$2,717 $1,253 $— $3,970 
Cost of revenues(2,380)(1,000)— (3,380)
Gross profit337 253 — 590 
Equity in earnings of unconsolidated affiliates15 78 — 93 
Selling, general and administrative expenses(132)(79)(75)(286)
Other operating income (expense)1 — (2)(1)
Operating income (loss)221 252 (77)396 
Interest expense— — (82)(82)
Other non-operating income (expense)(3)1 (3)(5)
Income (loss) from continuing operations before income taxes218 253 (162)309 
Provision for income taxes— — (82)(82)
Net income (loss) from continuing operations218 253 (244)227 
Less: Net income (loss) attributable to noncontrolling interests included in continuing operations(1)3 — 2 
Net income (loss) attributable to KBR from continuing operations$219 $250 $(244)$225 
Supplemental Disclosures:
Depreciation and amortization$53 $20 $13 $86 
Purchases of property, plant, and equipment$(10)$(2)$(4)$(16)
Total assets as of January 2, 2026$3,848 $1,769 $967 $6,584