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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Apr. 01, 2016
Income Statement [Abstract]    
Revenues $ 2,580 $ 1,312
Cost of revenues 2,270 1,154
Selling, general and administrative expenses 144 60
Acquisition and integration costs 19 9
Restructuring expenses 13 0
Equity earnings of non-consolidated subsidiaries (7) 0
Operating income 141 89
Interest income 2 3
Interest expense (38) (14)
Other income, net 3 0
Income from continuing operations before income taxes 108 78
Income tax expense (34) (25)
Net income 74 53
Less: net income attributable to non-controlling interest, net of taxes 2 0
Net income attributable to Leidos common stockholders $ 72 $ 53
Earnings per share:    
Basic (dollar per share) $ 0.48 $ 0.74
Diluted (dollar per share) 0.47 0.72
Cash dividends declared per share (dollars per share) $ 0.32 $ 0.32