LEIDOS HOLDINGS, INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (in millions)
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September 30,
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January 1,
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ASSETS |
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Current assets: |
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Cash and cash equivalents |
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$ |
449 |
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$ |
656 |
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Receivables, net |
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1,677 |
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|
921 |
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Inventory, prepaid expenses and other current assets |
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430 |
|
|
216 |
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Total current assets |
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2,556 |
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|
1,793 |
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Property, plant and equipment, net |
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231 |
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|
142 |
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Intangible assets, net |
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1,643 |
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|
25 |
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Goodwill |
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4,874 |
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1,207 |
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Deferred income taxes |
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15 |
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|
8 |
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Other assets |
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260 |
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|
195 |
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$ |
9,579 |
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$ |
3,370 |
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LIABILITIES AND EQUITY |
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Current liabilities: |
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Accounts payable and accrued liabilities |
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$ |
1,458 |
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$ |
761 |
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Accrued payroll and employee benefits |
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454 |
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|
268 |
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Dividends payable |
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23 |
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2 |
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Income taxes payable |
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3 |
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6 |
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Notes payable and long-term debt, current portion |
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42 |
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2 |
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Liabilities of discontinued operations |
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— |
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|
1 |
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Total current liabilities |
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1,980 |
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|
1,040 |
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Notes payable and long-term debt, net of current portion |
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3,428 |
|
|
1,079 |
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Deferred tax liabilities |
|
867 |
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|
34 |
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Other long-term liabilities |
|
174 |
|
|
149 |
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Commitments and contingencies |
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|
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Stockholders' equity: |
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Preferred stock, $.0001 par value, 10 million shares authorized and no shares
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— |
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— |
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Common stock, $.0001 par value, 500 million shares authorized, 150 million and
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— |
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— |
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Additional paid-in capital |
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3,310 |
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|
1,353 |
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Accumulated deficit |
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(188) |
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|
(277) |
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Accumulated other comprehensive loss |
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(6) |
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(8) |
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Total Leidos Holdings, Inc. stockholders' equity |
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3,116 |
|
|
1,068 |
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Non-controlling interest |
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14 |
|
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— |
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Total equity |
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3,130 |
|
|
1,068 |
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$ |
9,579 |
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$ |
3,370 |
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