v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 03, 2026
Jan. 02, 2026
Current assets:    
Cash and cash equivalents $ 312 $ 500
Accounts receivable, net of allowance for credit losses of $5 and $6, respectively 1,109 1,086
Contract assets 360 280
Other current assets 182 166
Current assets of discontinued operations 15 19
Total current assets 1,978 2,051
Pension assets 113 89
Property, plant and equipment, net of accumulated depreciation of $510 and $506 (including net PPE of $5 and $5 owned by a variable interest entity), respectively 227 232
Operating lease right-of-use assets 224 217
Goodwill 2,668 2,677
Intangible assets, net of accumulated amortization of $526 and $501, respectively 694 727
Equity in and advances to unconsolidated affiliates 241 107
Deferred income taxes 124 162
Other assets (including $50 and $0 of available-for-sale debt securities at fair value, respectively) 398 322
Total assets 6,667 6,584
Current liabilities:    
Accounts payable 749 712
Contract liabilities 360 331
Accrued salaries, wages and benefits 313 342
Current maturities of long-term debt 49 49
Other current liabilities 236 235
Current liabilities of discontinued operations 16 19
Total current liabilities 1,723 1,688
Employee compensation and benefits 149 144
Income tax payable 97 83
Deferred income taxes 87 95
Long-term debt 2,503 2,547
Operating lease liabilities 246 236
Other liabilities 220 279
Total liabilities 5,025 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, 183,154,727 and 182,891,428 shares issued, and 126,067,755 and 126,454,289 shares outstanding, respectively 0 0
PIC 2,566 2,552
Retained earnings 1,853 1,697
Treasury stock, 57,086,972 shares and 56,437,139 shares, at cost, respectively (1,842) (1,818)
AOCL (941) (928)
Total KBR shareholders' equity 1,636 1,503
Noncontrolling interests 6 9
Total shareholders' equity 1,642 1,512
Total liabilities and shareholders' equity $ 6,667 $ 6,584