CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
ASSETS
Cash and cash equivalents	$ 588	$ 668
Receivables, net	1,789	1,734
Inventory, net	294	72
Other current assets	381	338
Total current assets	3,052	2,812
Property, plant and equipment, net	569	287
Intangible assets, net	1,260	530
Goodwill	6,266	4,912
Operating lease right-of-use assets, net	559	400
Other assets	437	426
Total assets	12,143	9,367
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	2,034	1,837
Accrued payroll and employee benefits	541	435
Long-term debt, current portion	854	61
Total current liabilities	3,429	2,333
Long-term debt, net of current portion	4,148	2,925
Operating lease liabilities	529	326
Deferred tax liabilities	194	184
Other long-term liabilities	296	182
Commitments and contingencies (Notes 15 and 16)
Stockholders’ equity:
Common stock, $0.0001 par value, 500 million shares authorized, 142 million and 141 million shares issued and outstanding at July 3, 2020 and January 3, 2020, respectively	0	0
Additional paid-in capital	2,600	2,587
Retained earnings	1,065	896
Accumulated other comprehensive loss	(127)	(70)
Total Leidos stockholders’ equity	3,538	3,413
Non-controlling interest	9	4
Total equity	3,547	3,417
Total liabilities and stockholders' equity	$ 12,143	$ 9,367