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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 02, 2026
Jan. 03, 2025
Current assets:    
Cash and cash equivalents $ 500 $ 342
Accounts receivable, net of allowance for credit losses of $6 and $9, respectively 1,086 1,066
Contract assets 280 271
Other current assets 166 173
Current assets of discontinued operations 19 21
Total current assets 2,051 1,873
Pension assets 89 82
Property, plant and equipment, net of accumulated depreciation of $506 and $474 (including net PPE of $5 and $5 owned by a variable interest entity), respectively 232 237
Operating lease right-of-use assets 217 203
Goodwill 2,677 2,630
Intangible assets, net of accumulated amortization of $501 and $427, respectively 727 763
Equity in and advances to unconsolidated affiliates 107 192
Deferred income taxes 162 209
Other assets 322 396
Non-current assets of discontinued operations 0 78
Total assets 6,584 6,663
Current liabilities:    
Accounts payable 712 772
Contract liabilities 331 328
Accrued salaries, wages and benefits 342 351
Current maturities of long-term debt 49 36
Other current liabilities 235 280
Current liabilities of discontinued operations 19 15
Total current liabilities 1,688 1,782
Employee compensation and benefits 144 135
Income tax payable 83 122
Deferred income taxes 95 83
Long-term debt 2,547 2,533
Operating lease liabilities 236 228
Other liabilities 279 244
Non-current liabilities of discontinued operations 0 69
Total liabilities 5,072 5,196
Commitments and Contingencies (Notes 6, 13 and 14)
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, 182,891,428 and 182,469,230 shares issued, and 126,454,289 and 132,435,609 shares outstanding, respectively 0 0
PIC 2,552 2,526
Retained earnings 1,697 1,367
Treasury stock, 56,437,139 shares and 50,033,621 shares, at cost, respectively (1,818) (1,494)
AOCL (928) (946)
Total KBR shareholders' equity 1,503 1,453
Noncontrolling interests 9 14
Total shareholders' equity 1,512 1,467
Total liabilities and shareholders’ equity $ 6,584 $ 6,663