v3.26.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jul. 03, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Carrying Amount of Goodwill by Reportable Segment
The following table presents changes in the carrying amount of goodwill by reportable segment:
(in millions)
Intelligence & Digital
Health
Homeland
Defense
Total
Goodwill at January 3, 2025(1)
$2,007 $1,336 $950 $1,791 $6,084 
Acquisition of a business
231 — — — 231 
Divestiture of a business
— — (7)— (7)
Foreign currency translation adjustments— — 34 — 34 
Goodwill at January 2, 2026(1)
2,238 1,336 977 1,791 6,342 
Acquisition of a business— — 1,652 — 1,652 
Foreign currency translation adjustments— — 6 — 6 
Transfers to assets held for sale— — (337)— (337)
Goodwill at July 3, 2026
$2,238 $1,336 $2,298 $1,791 $7,663 
(1) Carrying amount includes accumulated impairment loss of $596 million within the Homeland segment, which is part of the SES Business discussed above.
Schedule of Intangible Assets
Intangible assets, net consisted of the following:
July 3, 2026January 2, 2026
(in millions)Gross carrying valueAccumulated amortizationNet carrying valueGross carrying valueAccumulated amortizationNet carrying value
Customer relationships
$662 $(37)$625 $53 $(34)$19 
Programs
1,626 (1,359)267 1,748 (1,391)357 
Backlog
55 (20)35 12 (7)5 
Software and technology
93 (77)16 264 (187)77 
Total intangible assets$2,436 $(1,493)$943 $2,077 $(1,619)$458 
Schedule of Estimated Annual Amortization Expense
The estimated annual amortization expense as of July 3, 2026, was as follows:
Fiscal year ending (in millions)
2026 (remainder of year)$74 
2027155 
2028150 
2029135 
2030116 
2031 and thereafter313 
$943