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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 03, 2020
Dec. 28, 2018
ASSETS    
Cash and cash equivalents $ 668 $ 327
Receivables, net 1,734 1,877
Other current assets 410 543
Assets held for sale 0 92
Total current assets 2,812 2,839
Property, plant and equipment, net 287  
Property, plant and equipment, net   237
Intangible assets, net 530 652
Goodwill 4,912 4,860
Operating lease right-of-use assets, net 400 0
Other assets 426 182
Total assets 9,367 8,770
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 1,837 1,491
Accrued payroll and employee benefits 435 473
Long-term debt, current portion 61 72
Liabilities held for sale 0 23
Total current liabilities 2,333 2,059
Long-term debt, net of current portion 2,925 3,052
Operating lease liabilities 326 0
Deferred tax liabilities 184 170
Other long-term liabilities 182 178
Commitments and contingencies (Notes 13, 25 and 26)
Stockholder's equity:    
Preferred stock, $.0001 par value, 10 million shares authorized and no shares issued and outstanding at January 3, 2020 and December 28, 2018 0 0
Common stock, $.0001 par value, 500 million shares authorized, 141 million and 146 million shares issued and outstanding at January 3, 2020 and December 28, 2018, respectively 0 0
Additional paid-in capital 2,587 2,966
Retained earnings 896 372
Accumulated other comprehensive loss (70) (30)
Total Leidos stockholders’ equity 3,413 3,308
Non-controlling interest 4 3
Total equity 3,417 3,311
Total liabilities and stockholders' equity $ 9,367 $ 8,770