Revenues (Tables)

12 Months Ended

Jan. 29, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Disaggregated revenues by customer was as follows:

	Year Ended
	January 29, 2021		January 31, 2020		February 1, 2019
	(in millions)
Department of Defense	$	3,292	$	3,330	$	2,805
Other federal government agencies	3,611		2,920		1,707
Commercial, state and local	153		129		147
Total	$	7,056	$	6,379	$	4,659

Disaggregated revenues by contract-type was as follows:

	Year Ended
	January 29, 2021		January 31, 2020		February 1, 2019
	(in millions)
Cost reimbursement	$	3,773	$	3,644	$	2,306
Time and materials (T&M)	1,557		1,280		1,086
Firm-fixed price (FFP)	1,726		1,455		1,267
Total	$	7,056	$	6,379	$	4,659

Disaggregated revenues by prime vs. subcontractor was as follows:

	Year Ended
	January 29, 2021		January 31, 2020		February 1, 2019
	(in millions)
Prime contractor to federal government	$	6,337	$	5,662	$	4,178
Subcontractor to federal government	566		588		334
Other	153		129		147
Total	$	7,056	$	6,379	$	4,659

Contract with Customer, Asset and Liability

Aggregate changes in these estimates recognized in operating income were:

	Year Ended
	January 29, 2021		January 31, 2020		February 1, 2019
	(in millions, except per share amounts)
Favorable adjustments	$	41	$	39	$	30
Unfavorable adjustments	(32)		(17)		(13)
Net favorable adjustments	9		22		17
Income tax effect	(2)		(4)		(4)
Net favorable adjustments, after tax	7		18		13
Basic EPS impact	$	0.12	$	0.31	$	0.29
Diluted EPS impact	$	0.12	$	0.31	$	0.29

Contract balances for the periods presented were as follows:

	Balance Sheet line item	January 29, 2021		January 31, 2020
		(in millions)
Billed and billable receivables, net(1)	Receivables, net	$	600	$	720
Contract assets - unbillable receivables	Receivables, net	362		379
Contract assets - contract retentions	Other assets	18		17
Contract liabilities - current	Other accrued liabilities	82		41
Contract liabilities - non-current	Other long-term liabilities	$	17	$	10

(1)    Net of allowance of $3 million and $4 million as of January 29, 2021 and January 31, 2020, respectively.

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure

Deferred costs for the periods presented were as follows:

	Balance Sheet line item	January 29, 2021		January 31, 2020
		(in millions)
Pre-contract costs	Other current assets	$	2	$	3
Fulfillment costs - non-current	Other assets	$	15	$	12