XML 17 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 03, 2025
Jan. 03, 2025
Current assets:    
Cash and equivalents $ 539 $ 342
Accounts receivable, net of allowance for credit losses of $7 and $9, respectively 1,122 1,066
Contract assets 247 271
Other current assets 160 173
Current assets of discontinued operations 17 21
Total current assets 2,085 1,873
Pension Assets 126 82
Property, plant, and equipment, net of accumulated depreciation of $500 and $474 (including net PPE of $5 and $5 owned by a variable interest entity), respectively 225 237
Operating lease right-of-use assets 228 203
Goodwill 2,674 2,630
Intangible assets, net of accumulated amortization of $486 and $427, respectively 740 763
Equity in and advances to unconsolidated affiliates 104 192
Deferred income taxes 150 209
Other assets 317 396
Non-current assets of discontinued operations 0 78
Total Assets 6,649 6,663
Current liabilities:    
Accounts payable 733 772
Contract liabilities 334 328
Accrued salaries, wages and benefits 385 351
Current maturities of long-term debt 46 36
Other current liabilities 249 280
Current liabilities of discontinued operations 24 15
Total current liabilities 1,771 1,782
Employee compensation and benefits 139 135
Income tax payable 85 122
Deferred income taxes 86 83
Long-term debt 2,558 2,533
Operating lease liabilities 245 228
Other liabilities 296 244
Non-current liabilities of discontinued operations 0 69
Total liabilities 5,180 5,196
Commitments and Contingencies (Notes 5, 10 and 11)
KBR shareholders' equity:    
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued 0 0
Common stock, $0.001 par value 300,000,000 shares authorized, 182,840,316 and 182,469,230 shares issued, and 126,989,628 and 132,435,609 shares outstanding, respectively 0 0
PIC 2,546 2,526
Retained earnings 1,607 1,367
Treasury stock, 55,850,688 shares and 50,033,621 shares, at cost, respectively (1,793) (1,494)
AOCL (896) (946)
Total KBR shareholders' equity 1,464 1,453
Noncontrolling interests 5 14
Total shareholders' equity 1,469 1,467
Total liabilities and shareholders’ equity $ 6,649 $ 6,663