Year Ended December 29, 2017

As reported

Acquisition
and
integration
costs

Amortization
of intangibles

Restructuring
expenses

Amortization
of equity
method
investments

Tax
purchase
accounting
adjustments

Loss on sale
of assets
and
businesses

Promissory
note
impairment

Non-GAAP
results

Operating
   income

$

559

$

102

$

281

$

37

$

14

$

—

$

—

$

—

$

—

$

993

Non-operating
   (expense)
   income, net

(166)

—

—

—

—

—

1

33

—

(132)

Income before
   income taxes

393

102

281

37

14

—

1

33

—

861

Income tax
   (expense)
   benefit¹

(29)

(32)

(103)

(14)

(5)

8

—

—

(115)

(290)

Net income

364

70

178

23

9

8

1

33

(115)

571

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

(2)

—

—

—

—

—

—

—

—

(2)

Net income
   attributable to
   Leidos
   common
   stockholders

$

366

$

70

$

178

$

23

$

9

$

8

$

1

$

33

$

(115)

$

573

Diluted EPS
   attributable to
   Leidos
   common
   stockholders

$

2.38

$

0.45

$

1.16

$

0.15

$

0.06

$

0.05

$

0.01

$

0.21

$

(0.75)

$

3.72

Diluted shares

154

154

154

154

154

154

154

154

154

154

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