v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ 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 Dec. 30, 2022     137,000,000        
Beginning balance at Dec. 30, 2022 $ 4,353 $ 4,299   $ 2,005 $ 2,367 $ (73) $ 54
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 164 162     162   2
Other comprehensive income (loss), net of taxes 9 9       9  
Issuances of stock 14 14   14      
Repurchases of stock and other (43) (43)   (43)      
Dividends (50) (50)     (50)    
Stock-based compensation 18 18   18      
Net capital distributions to non-controlling interest (1)           (1)
Ending balance (in shares) at Mar. 31, 2023     137,000,000        
Ending balance at Mar. 31, 2023 $ 4,464 4,409   1,994 2,479 (64) 55
Beginning balance (in shares) at Dec. 29, 2023 135,766,419   136,000,000        
Beginning balance at Dec. 29, 2023 $ 4,258 4,201   1,885 2,364 (48) 57
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 283 284     284   (1)
Other comprehensive income (loss), net of taxes (24) (24)       (24)  
Issuances of stock 14 14   14      
Repurchases of stock and other (in shares)     (1,000,000)        
Repurchases of stock and other (184) (184)   (184)      
Dividends (53) (53)     (53)    
Stock-based compensation 20 20   20      
Net capital distributions to non-controlling interest $ (1)           (1)
Ending balance (in shares) at Mar. 29, 2024 135,097,654   135,000,000        
Ending balance at Mar. 29, 2024 $ 4,313 $ 4,258   $ 1,735 $ 2,595 $ (72) $ 55