v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Leidos stockholders' equity
Shares of common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Non-controlling interest
Beginning balance (in shares) at Jan. 01, 2021     142        
Beginning Balance at Jan. 01, 2021 $ 3,871 $ 3,862   $ 2,580 $ 1,328 $ (46) $ 9
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 205 205     205    
Other comprehensive income (loss), net of taxes 9 9       9  
Issuances of stock 14 14   14      
Repurchases of stock and other (in shares)     (1)        
Repurchases of stock and other (123) (123)   (123)      
Dividends (49) (49)     (49)    
Stock-based compensation 15 15   15      
Capital distributions to non-controlling interest 38           38
Ending balance (in shares) at Apr. 02, 2021     141        
Ending Balance at Apr. 02, 2021 3,980 3,933   2,486 1,484 (37) 47
Beginning balance (in shares) at Jan. 01, 2021     142        
Beginning Balance at Jan. 01, 2021 3,871 3,862   2,580 1,328 (46) 9
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 583            
Other comprehensive income (loss), net of taxes 6            
Ending balance (in shares) at Oct. 01, 2021     140        
Ending Balance at Oct. 01, 2021 4,166 4,115   2,397 1,758 (40) 51
Beginning balance (in shares) at Apr. 02, 2021     141        
Beginning Balance at Apr. 02, 2021 3,980 3,933   2,486 1,484 (37) 47
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 170 169     169   1
Other comprehensive income (loss), net of taxes 22 22       22  
Issuances of stock (shares)     1        
Issuances of stock 9 9   9      
Repurchases of stock and other (3) (3)   (3)      
Dividends (48) (48)     (48)    
Stock-based compensation 17 17   17      
Capital distributions to non-controlling interest 1           1
Ending balance (in shares) at Jul. 02, 2021     142        
Ending Balance at Jul. 02, 2021 4,148 4,099   2,509 1,605 (15) 49
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 208 205     205   3
Other comprehensive income (loss), net of taxes (25) (25)       (25)  
Issuances of stock 11 11   11      
Repurchases of stock and other (in shares)     (2)        
Repurchases of stock and other (140) (140)   (140)      
Dividends (52) (52)     (52)    
Stock-based compensation 17 17   17      
Capital distributions to non-controlling interest (1)           (1)
Ending balance (in shares) at Oct. 01, 2021     140        
Ending Balance at Oct. 01, 2021 4,166 4,115   2,397 1,758 (40) 51
Beginning balance (in shares) at Dec. 31, 2021     140        
Beginning Balance at Dec. 31, 2021 4,344 4,291   2,423 1,880 (12) 53
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 177 175     175   2
Other comprehensive income (loss), net of taxes 32 32       32  
Issuances of stock (shares)     1        
Issuances of stock 15 15   15      
Repurchases of stock and other (in shares)     (4)        
Repurchases of stock and other (526) (526)   (526)      
Dividends (48) (48)     (48)    
Stock-based compensation 16 16   16      
Capital distributions to non-controlling interest (2)           (2)
Ending balance (in shares) at Apr. 01, 2022     137        
Ending Balance at Apr. 01, 2022 4,008 3,955   1,928 2,007 20 53
Beginning balance (in shares) at Dec. 31, 2021     140        
Beginning Balance at Dec. 31, 2021 4,344 4,291   2,423 1,880 (12) 53
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 513            
Other comprehensive income (loss), net of taxes (123)            
Ending balance (in shares) at Sep. 30, 2022     137        
Ending Balance at Sep. 30, 2022 4,139 4,086   1,982 2,239 (135) 53
Beginning balance (in shares) at Apr. 01, 2022     137        
Beginning Balance at Apr. 01, 2022 4,008 3,955   1,928 2,007 20 53
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 172 171     171   1
Other comprehensive income (loss), net of taxes (99) (99)       (99)  
Issuances of stock 10 10   10      
Repurchases of stock and other (2) (2)   (2)      
Dividends (50) (50)     (50)    
Stock-based compensation 19 19   19      
Capital distributions to non-controlling interest (1)           (1)
Ending balance (in shares) at Jul. 01, 2022     137        
Ending Balance at Jul. 01, 2022 4,057 4,004   1,955 2,128 (79) 53
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 164 162     162   2
Other comprehensive income (loss), net of taxes (56) (56)       (56)  
Issuances of stock 13 13   13      
Repurchases of stock and other (4) (4)   (4)      
Dividends (51) (51)     (51)    
Stock-based compensation 18 18   18      
Capital distributions to non-controlling interest (2)           (2)
Ending balance (in shares) at Sep. 30, 2022     137        
Ending Balance at Sep. 30, 2022 $ 4,139 $ 4,086   $ 1,982 $ 2,239 $ (135) $ 53