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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Jan. 03, 2025
Dec. 29, 2023
Dec. 30, 2022
Income Statement [Abstract]      
Revenues $ 16,662 $ 15,438 $ 14,396
Cost of revenues 13,864 13,194 12,312
Selling, general and administrative expenses 983 942 951
Acquisition, integration and restructuring costs 16 24 17
Goodwill impairment charges 0 596 0
Asset impairment charges 11 91 40
Equity earnings of non-consolidated subsidiaries (39) (30) (12)
Operating income 1,827 621 1,088
Non-operating expense:      
Interest expense, net (193) (212) (199)
Other income (expense), net 5 (6) (3)
Income before income taxes 1,639 403 886
Income tax expense (388) (195) (193)
Net income 1,251 208 693
Less: net (loss) income attributable to non-controlling interest (3) 9 8
Net income attributable to Leidos common stockholders $ 1,254 $ 199 $ 685
Earnings per share:      
Basic (in dollars per share) $ 9.36 $ 1.45 $ 5.00
Diluted (in dollars per share) $ 9.22 $ 1.44 $ 4.96