Revenues (Tables)

9 Months Ended

Sep. 27, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregated Revenues

Disaggregated revenues by customer-type were as follows:


						Three Months Ended September 27, 2024
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
DoD and U.S. Intelligence Community						$	1,281					$	243					$	15					$	475					$	2,014
Other U.S. government agencies(1)						540						964						114						18						1,636
Commercial and non-U.S. customers						26						16						448						29						519
Total						$	1,847					$	1,223					$	577					$	522					$	4,169


						Three Months Ended September 29, 2023
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
DoD and U.S. Intelligence Community						$	1,235					$	257					$	11					$	444					$	1,947
Other U.S. government agencies(1)						570						776						91						31						1,468
Commercial and non-U.S. customers						33						16						446						(13)						482
Total						$	1,838					$	1,049					$	548					$	462					$	3,897

(1) Includes federal government agencies other than the DoD and U.S. Intelligence Community, as well as state and local government agencies.


						Nine Months Ended September 27, 2024
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
DoD and U.S. Intelligence Community						$	3,749					$	755					$	29					$	1,341					$	5,874
Other U.S. government agencies(1)						1,585						2,867						268						64						4,784
Commercial and non-U.S. customers						87						48						1,348						86						1,569
Total						$	5,421					$	3,670					$	1,645					$	1,491					$	12,227


						Nine Months Ended September 29, 2023
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
DoD and U.S. Intelligence Community						$	3,582					$	797					$	26					$	1,219					$	5,624
Other U.S. government agencies(1)						1,682						2,230						236						91						4,239
Commercial and non-U.S. customers						99						45						1,319						63						1,526
Total						$	5,363					$	3,072					$	1,581					$	1,373					$	11,389

(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 September 27, 2024
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
Cost-reimbursement and fixed-price-incentive-fee						$	980					$	433					$	94					$	326					$	1,833
Firm-fixed-price						511						737						378						155						1,781
Time-and-materials and fixed-price-level-of-effort						356						53						105						41						555
Total						$	1,847					$	1,223					$	577					$	522					$	4,169


						Three Months Ended September 29, 2023
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
Cost-reimbursement and fixed-price-incentive-fee						$	993					$	467					$	89					$	301					$	1,850
Firm-fixed-price						509						537						367						134						1,547
Time-and-materials and fixed-price-level-of-effort						336						45						92						27						500
Total						$	1,838					$	1,049					$	548					$	462					$	3,897


						Nine Months Ended September 27, 2024
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
Cost-reimbursement and fixed-price-incentive-fee						$	2,874					$	1,331					$	269					$	940					$	5,414
Firm-fixed-price						1,497						2,176						1,049						437						5,159
Time-and-materials and fixed-price-level-of-effort						1,050						163						327						114						1,654
Total						$	5,421					$	3,670					$	1,645					$	1,491					$	12,227


						Nine Months Ended September 29, 2023
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
Cost-reimbursement and fixed-price-incentive-fee						$	2,876					$	1,542					$	263					$	840					$	5,521
Firm-fixed-price						1,513						1,394						1,005						425						4,337
Time-and-materials and fixed-price-level-of-effort						974						136						313						108						1,531
Total						$	5,363					$	3,072					$	1,581					$	1,373					$	11,389

Disaggregated revenues by geographic location were as follows:


						Three Months Ended September 27, 2024
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
United States						$	1,840					$	1,222					$	257					$	511					$	3,830
International						7						1						320						11						339
Total						$	1,847					$	1,223					$	577					$	522					$	4,169


						Three Months Ended September 29, 2023
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
United States						$	1,831					$	1,047					$	221					$	458					$	3,557
International						7						2						327						4						340
Total						$	1,838					$	1,049					$	548					$	462					$	3,897


						Nine Months Ended September 27, 2024
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
United States						$	5,398					$	3,666					$	692					$	1,458					$	11,214
International						23						4						953						33						1,013
Total						$	5,421					$	3,670					$	1,645					$	1,491					$	12,227


						Nine Months Ended September 29, 2023
						National Security & Digital						Health & Civil						Commercial & International						Defense Systems						Total
						(in millions)
United States						$	5,336					$	3,069					$	630					$	1,362					$	10,397
International						27						3						951						11						992
Total						$	5,363					$	3,072					$	1,581					$	1,373					$	11,389

Schedule of Components of Contract Assets and Contract Liabilities

The components of contract assets and contract liabilities consisted of the following:


						Balance sheet line item						September 27, 2024						December 29, 2023
												(in millions)
Contract assets - current:
Unbilled receivables						Receivables, net						$	1,137					$	1,041

Contract liabilities - current:
Deferred revenue(1)						Accounts payable and accrued liabilities						$	353					$	442

Contract liabilities - non-current:
Deferred revenue(1)						Other long-term liabilities						$	13					$	21

(1) Certain contracts record revenue net of cost of revenues, and therefore, the respective deferred revenue balance will not fully convert to revenue.