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v3.25.1

Revenues (Tables) | 3 Months Ended
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Apr. 04, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregated Revenues | Disaggregated revenues by customer-type were as follows:
| Three Months Ended April 4, 2025
(in millions) | National Security & Digital |  | Health & Civil |  | Commercial & International |  | Defense Systems |  | Total
DoD and U.S. Intelligence Community | $ | 1,326 |  |  | $ | 269 |  |  | $ | 10 |  |  | $ | 454 |  |  | $ | 2,059 |
Other U.S. government agencies(1) | 516 |  |  | 999 |  |  | 97 |  |  | 24 |  |  | 1,636 |
Commercial and non-U.S. customers | 25 |  |  | 18 |  |  | 460 |  |  | 30 |  |  | 533 |
Total | $ | 1,867 |  |  | $ | 1,286 |  |  | $ | 567 |  |  | $ | 508 |  |  | $ | 4,228 |
| Three Months Ended March 29, 2024 |  |
(in millions) | National Security & Digital |  | Health & Civil |  | Commercial & International |  | Defense Systems |  | Total |  |  |  |  |  |  |  |
DoD and U.S. Intelligence Community | $ | 1,221 |  |  | $ | 257 |  |  | $ | 10 |  |  | $ | 425 |  |  | $ | 1,913 |  |  |  |  |  |  |  |  |
Other U.S. government agencies(1) | 525 |  |  | 917 |  |  | 73 |  |  | 22 |  |  | 1,537 |  |  |  |  |  |  |  |  |
Commercial and non-U.S. customers | 33 |  |  | 16 |  |  | 425 |  |  | 27 |  |  | 501 |  |  |  |  |  |  |  |  |
Total | $ | 1,779 |  |  | $ | 1,190 |  |  | $ | 508 |  |  | $ | 474 |  |  | $ | 3,951 |  |  |  |  |  |  |  |  |
(1) Includes federal government agencies other than the DoD and U.S. Intelligence Community, as well as state and local government agencies. Disaggregated revenues by contract-type were as follows:
| Three Months Ended April 4, 2025 |  |
(in millions) | National Security & Digital |  | Health & Civil |  | Commercial & International |  | Defense Systems |  | Total |  |  |  |  |  |  |  |
Cost-reimbursement and fixed-price-incentive-fee | $ | 1,013 |  |  | $ | 471 |  |  | $ | 95 |  |  | $ | 309 |  |  | $ | 1,888 |  |  |  |  |  |  |  |  |
Firm-fixed-price | 497 |  |  | 759 |  |  | 359 |  |  | 154 |  |  | 1,769 |  |  |  |  |  |  |  |  |
Time-and-materials and fixed-price-level-of-effort | 357 |  |  | 56 |  |  | 113 |  |  | 45 |  |  | 571 |  |  |  |  |  |  |  |  |
Total | $ | 1,867 |  |  | $ | 1,286 |  |  | $ | 567 |  |  | $ | 508 |  |  | $ | 4,228 |  |  |  |  |  |  |  |  |
| Three Months Ended March 29, 2024 |  |
(in millions) | National Security & Digital |  | Health & Civil |  | Commercial & International |  | Defense Systems |  | Total |  |  |  |  |  |  |  |
Cost-reimbursement and fixed-price-incentive-fee | $ | 946 |  |  | $ | 447 |  |  | $ | 85 |  |  | $ | 301 |  |  | $ | 1,779 |  |  |  |  |  |  |  |  |
Firm-fixed-price | 492 |  |  | 690 |  |  | 319 |  |  | 139 |  |  | 1,640 |  |  |  |  |  |  |  |  |
Time-and-materials and fixed-price-level-of-effort | 341 |  |  | 53 |  |  | 104 |  |  | 34 |  |  | 532 |  |  |  |  |  |  |  |  |
Total | $ | 1,779 |  |  | $ | 1,190 |  |  | $ | 508 |  |  | $ | 474 |  |  | $ | 3,951 |  |  |  |  |  |  |  |  |
Disaggregated revenues by geographic location were as follows:
| Three Months Ended April 4, 2025 |  |
(in millions) | National Security & Digital |  | Health & Civil |  | Commercial & International |  | Defense Systems |  | Total |  |  |  |  |  |  |  |
United States | $ | 1,859 |  |  | $ | 1,285 |  |  | $ | 238 |  |  | $ | 499 |  |  | $ | 3,881 |  |  |  |  |  |  |  |  |
International | 8 |  |  | 1 |  |  | 329 |  |  | 9 |  |  | 347 |  |  |  |  |  |  |  |  |
Total | $ | 1,867 |  |  | $ | 1,286 |  |  | $ | 567 |  |  | $ | 508 |  |  | $ | 4,228 |  |  |  |  |  |  |  |  |
| Three Months Ended March 29, 2024 |  |
(in millions) | National Security & Digital |  | Health & Civil |  | Commercial & International |  | Defense Systems |  | Total |  |  |  |  |  |  |  |
United States | $ | 1,770 |  |  | $ | 1,189 |  |  | $ | 208 |  |  | $ | 468 |  |  | $ | 3,635 |  |  |  |  |  |  |  |  |
International | 9 |  |  | 1 |  |  | 300 |  |  | 6 |  |  | 316 |  |  |  |  |  |  |  |  |
Total | $ | 1,779 |  |  | $ | 1,190 |  |  | $ | 508 |  |  | $ | 474 |  |  | $ | 3,951 |  |  |  |  |  |  |  |  |
Schedule of Components of Contract Assets and Contract Liabilities | The components of contract assets and contract liabilities consisted of the following:
(in millions) |  | Balance sheet line item |  | April 4, 2025 |  | January 3, 2025
Contract assets - current: |  |  |  |  |  |
Unbilled receivables |  | Receivables, net |  | $ | 865 |  |  | $ | 842 |
Contract liabilities - current: |  |  |  |  |  |
Deferred revenue(1) |  | Accounts payable and accrued liabilities |  | $ | 368 |  |  | $ | 333 |
Contract liabilities - non-current: |  |  |  |  |  |
Deferred revenue(1) |  | Other long-term liabilities |  | $ | 8 |  |  | $ | 10 |
(1) Certain contracts record revenue net of cost of revenues, and therefore, the respective deferred revenue balance will not fully convert to revenue.

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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