Quarter Ended December 30, 2016

As reported

Asset

 impairment
charges

Acquisition
and
integration
costs

Amortization
of intangibles

Restructuring
expenses

Non-GAAP
results

Operating income

$

152

$

4

$

22

$

54

$

8

$

240

Non-operating expense, net

(47)

—

—

—

—

(47)

Income before income taxes

105

4

22

54

8

193

Income tax expense¹

(45)

(2)

(6)

(21)

(3)

(77)

Net income

60

2

16

33

5

116

Less: net income attributable to non-controlling
   interest, net of taxes

1

—

—

—

—

1

Net income attributable to Leidos common

   stockholders

$

59

$

2

$

16

$

33

$

5

$

115

Diluted EPS

$

0.39

$

0.01

$

0.10

$

0.22

$

0.03

$

0.75

Diluted shares

153

153

153

153

153

153

(1) Calculation uses an estimated statutory tax rate on non-GAAP tax deductible adjustments.