v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets:    
Cash and cash equivalents $ 807 $ 727
Receivables, net 2,284 2,189
Inventory, net 286 274
Other current assets 464 429
Total current assets 3,841 3,619
Property, plant and equipment, net 671 670
Intangible assets, net 977 1,177
Goodwill 6,618 6,744
Operating lease right-of-use assets, net 593 612
Other long-term assets 399 439
Total assets 13,099 13,261
Liabilities:    
Accounts payable and accrued liabilities 2,301 2,141
Accrued payroll and employee benefits 813 605
Short-term debt and current portion of long-term debt 1,027 483
Total current liabilities 4,141 3,229
Long-term debt, net of current portion 3,975 4,593
Operating lease liabilities 591 589
Deferred tax liabilities 24 239
Other long-term liabilities 229 267
Total liabilities 8,960 8,917
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Common stock, $0.0001 par value, 500 million shares authorized, 137 million and 140 million shares issued and outstanding at September 30, 2022, and December 31, 2021, respectively 0 0
Additional paid-in capital 1,982 2,423
Retained earnings 2,239 1,880
Accumulated other comprehensive loss (135) (12)
Total Leidos stockholders’ equity 4,086 4,291
Non-controlling interest 53 53
Total stockholders' equity 4,139 4,344
Total liabilities and stockholders' equity $ 13,099 $ 13,261