ACCOUNTS RECEIVABLE AND COSTS AND ACCRUED EARNINGS IN EXCESS OF BILLINGS ON CONTRACTS

6 Months Ended

Jul. 04, 2014

Notes to Financial Statements [Abstract]

ACCOUNTS RECEIVABLE AND COSTS AND ACCRUED EARNINGS IN EXCESS OF BILLINGS ON CONTRACTS

NOTE 4. ACCOUNTS RECEIVABLE AND COSTS AND ACCRUED EARNINGS IN EXCESS OF BILLINGS ON CONTRACTS

The following table summarizes the components of our accounts receivable and costs and accrued earnings in excess of billings on contracts (“Unbilled Accounts Receivable”) with the U.S. federal government and with other customers as of July 4, 2014 and January 3, 2014:

			July 4,		January 3,
(In millions)			2014		2014
Accounts receivable:
	U.S. federal government		$	358	$	353
	Others			1,016		1,040
		Total accounts receivable	$	1,374	$	1,393
Unbilled Accounts Receivable:
	U.S. federal government		$	817	$	856
	Others			866		796
		Total		1,683		1,652
		Less: Amounts included in Other long-term assets		(146)		(131)
		Unbilled Accounts Receivable	$	1,537	$	1,521

As of July 4, 2014 and January 3, 2014, we had one project with accounts receivable balances of $99 million and $82 million, respectively, relating to an outstanding claim. See Note 16, “Commitments and Contingencies,” for further discussion regarding the Department of Energy (“DOE”) Deactivation, Demolition, and Removal Project.