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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Carrying Amount of Goodwill by Reportable Segment | The following table presents changes in the carrying amount of goodwill by reportable segment:
|  | National Security and Digital |  | Health & Civil |  | Commercial & International |  | Defense Systems |  | Total
|  | (in millions)
Goodwill at December 30, 2022 |  | $ | 2,755 |  |  | $ | 1,366 |  |  | $ | 1,389 |  |  | $ | 1,186 |  |  | $ | 6,696 |
Goodwill Impairment |  | — |  |  | — |  |  | (596) |  |  | — |  |  | (596) |
Acquisitions of a business(1) |  | — |  |  | — |  |  | (4) |  |  | — |  |  | (4) |
Foreign currency translation adjustments |  | 3 |  |  | — |  |  | 11 |  |  | 2 |  |  | 16 |
Goodwill at December 29, 2023(2) |  | $ | 2,758 |  |  | $ | 1,366 |  |  | $ | 800 |  |  | $ | 1,188 |  |  | $ | 6,112 |
Foreign currency translation adjustments |  | — |  |  | — |  |  | (10) |  |  | — |  |  | (10) |
Goodwill at June 28, 2024(2) |  | $ | 2,758 |  |  | $ | 1,366 |  |  | $ | 790 |  |  | $ | 1,188 |  |  | $ | 6,102 |
(1) Adjustment to goodwill resulting from a measurement period purchase accounting adjustment. (2) Carrying amount includes accumulated impairment loss of $596 million within the Commercial & International segment.
Schedule of Intangible Assets | Intangible assets, net consisted of the following:
|  | June 28, 2024 |  | December 29, 2023
|  | Gross carrying value |  | Accumulated amortization |  | Net carrying value |  | Gross carrying value |  | Accumulated amortization |  | Net carrying value
|  | (in millions)
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Programs |  | $ | 1,687 |  |  | $ | (1,233) |  |  | $ | 454 |  |  | $ | 1,689 |  |  | $ | (1,175) |  |  | $ | 514 |
Software and technology |  | 262 |  |  | (155) |  |  | 107 |  |  | 263 |  |  | (144) |  |  | 119 |
Customer relationships |  | 52 |  |  | (25) |  |  | 27 |  |  | 52 |  |  | (22) |  |  | 30 |
Total finite-lived intangible assets |  | 2,001 |  |  | (1,413) |  |  | 588 |  |  | 2,004 |  |  | (1,341) |  |  | 663 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | 4 |  |  | — |  |  | 4 |  |  | 4 |  |  | — |  |  | 4 |
Total intangible assets |  | $ | 2,005 |  |  | $ | (1,413) |  |  | $ | 592 |  |  | $ | 2,008 |  |  | $ | (1,341) |  |  | $ | 667 |
Schedule of Estimated Annual Amortization Expense | The estimated annual amortization expense as of June 28, 2024, was as follows:
Fiscal year ending |  |
|  | (in millions)
2024 (remainder of year) |  | $ | 74 |
2025 |  | 120 |
2026 |  | 98 |
2027 |  | 72 |
2028 |  | 62 |
2029 and thereafter |  | 162 |
|  | $ | 588 |

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