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Equity Method Investments and Variable Interest Entities (Tables)
6 Months Ended
Jul. 04, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity in Earnings of Unconsolidated Affiliates The following table presents a rollforward of our equity in and advances to unconsolidated affiliates:
Six Months EndedYear ended
July 4,January 3,
20252025
Dollars in millions
Beginning balance$192 $206 
Equity in earnings of unconsolidated affiliates 93 107 
Distributions of earnings of unconsolidated affiliates (a)
(85)(202)
Payments from unconsolidated affiliates, net(5)(9)
Return of equity method investments, net (b)
(3)(36)
Foreign currency translation adjustments(2)
Other (c)(16)128 
Ending balance$181 $192 

(a)In the normal course of business, our joint ventures will declare a distribution in the current quarter that is not paid until the subsequent quarter. As such, the distributions declared during the current quarter may not agree to the distributions of earnings from unconsolidated affiliates on our condensed consolidated statements of cash flows. During the year ended January 3, 2025, a joint venture within our STS segment declared a distribution of earnings of $39 million that was not received by KBR until the six months ended July 4, 2025.
(b)During the year ended January 3, 2025, we received a return of investment from JKC of approximately $36 million related to our proportionate share of a tax refund.
(c)During the six months ended July 4, 2025, Other included a reduction to the net liability position of $17 million related to a joint venture within our STS business segment. During the year ended January 3, 2025, Other included the reclassification of the net liability position of $128 million related to joint ventures within our STS business segment.
Schedule of Services Provided to Unconsolidated JV's
Amounts included in our condensed consolidated balance sheets related to services we provided to our unconsolidated joint ventures as of July 4, 2025 and January 3, 2025 are as follows:
 July 4,January 3,
Dollars in millions20252025
Accounts receivable, net of allowance for credit losses $92 $96 
Contract liabilities$62 $68