v3.24.1.u1
Revenues (Tables)
3 Months Ended
Mar. 29, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenues
Disaggregated revenues by customer-type were as follows:
Three Months Ended March 29, 2024
National Security and Digital
Health & Civil
Commercial & International
Defense Systems
Total
(in millions)
DoD and U.S. Intelligence Community
$1,221 $257 $10 $425 $1,913 
Other U.S. government agencies(1)
525 917 73 22 1,537 
Commercial and non-U.S. customers
33 16 425 27 501 
Total$1,779 $1,190 $508 $474 $3,951 
Three Months Ended March 31, 2023
National Security and Digital
Health & Civil
Commercial & International
Defense Systems
Total
(in millions)
DoD and U.S. Intelligence Community
$1,154 $272 $8 $390 $1,824 
Other U.S. government agencies(1)
557 713 65 30 1,365 
Commercial and non-U.S. customers
35 14 416 25 490 
Total$1,746 $999 $489 $445 $3,679 
(1) Includes federal government agencies other than the DoD and U.S. Intelligence Community, as well as state and local government agencies.
Disaggregated revenues by contract-type were as follows:
Three Months Ended March 29, 2024
National Security and Digital
Health & Civil
Commercial & International
Defense Systems
Total
(in millions)
Cost-reimbursement and fixed-price-incentive-fee
$946 $447 $85 $301 $1,779 
Firm-fixed-price492 690 319 139 1,640 
Time-and-materials and fixed-price-level-of-effort
341 53 104 34 532 
Total$1,779 $1,190 $508 $474 $3,951 
Three Months Ended March 31, 2023
National Security and Digital
Health & Civil
Commercial & International
Defense Systems
Total
(in millions)
Cost-reimbursement and fixed-price-incentive-fee
$927 $553 $92 $272 $1,844 
Firm-fixed-price507 403 289 134 1,333 
Time-and-materials and fixed-price-level-of-effort
312 43 108 39 502 
Total$1,746 $999 $489 $445 $3,679 
Disaggregated revenues by geographic location were as follows:
Three Months Ended March 29, 2024
National Security and Digital
Health & Civil
Commercial & International
Defense Systems
Total
(in millions)
United States
$1,770 $1,189 $208 $468 $3,635 
International
9 1 300 6 316 
Total$1,779 $1,190 $508 $474 $3,951 
Three Months Ended March 31, 2023
National Security and Digital
Health & Civil
Commercial & International
Defense Systems
Total
(in millions)
United States
$1,735 $998 $192 $441 $3,366 
International
11 1 297 4 313 
Total$1,746 $999 $489 $445 $3,679 
Schedule of Components of Contract Assets and Contract Liabilities
The components of contract assets and contract liabilities consisted of the following:
Balance sheet line itemMarch 29,
2024
December 29,
2023
(in millions)
Contract assets - current:
Unbilled receivablesReceivables, net$1,099 $1,041 
Contract liabilities - current:
Deferred revenue(1)
Accounts payable and accrued liabilities$414 $442 
Contract liabilities - non-current:
Deferred revenue(1)
Other long-term liabilities$18 $21 
(1) Certain contracts record revenue net of cost of revenues, and therefore, the respective deferred revenue balance will not fully convert to revenue.