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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2025
Jun. 28, 2024
Jul. 04, 2025
Jun. 28, 2024
Income Statement [Abstract]        
Revenues $ 4,253 $ 4,132 $ 8,498 $ 8,107
Cost of revenues 3,471 3,427 6,959 6,764
Selling, general and administrative expenses 217 231 447 457
Acquisition, integration and restructuring costs 2 7 6 11
Equity earnings of non-consolidated subsidiaries (8) (8) (15) (15)
Operating income 571 475 1,101 890
Non-operating income (expense):        
Interest expense, net (55) (51) (104) (100)
Other income (expense), net 2 2 (1) 4
Income before income taxes 518 426 996 794
Income tax expense (125) (102) (238) (187)
Net income 393 324 758 607
Less: net income attributable to non-controlling interest 2 2 4 1
Net income attributable to Leidos common stockholders $ 391 $ 322 $ 754 $ 606
Earnings Per Share [Abstract]        
Basic (in dollars per share) $ 3.03 $ 2.39 $ 5.84 $ 4.49
Diluted (in dollars per share) $ 3.01 $ 2.37 $ 5.80 $ 4.42