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Contract Assets and Contract Liabilities (Tables)
3 Months Ended
Apr. 03, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Contract Liabilities
Contract assets and contract liabilities are summarized below:
 
April 3, 2020
 
January 3, 2020
 
 
 
 
 
(In millions)
Contract assets
$
2,467

 
$
2,459

Contract liabilities, current
(1,138
)
 
(1,214
)
Contract liabilities, non-current(1)
(74
)
 
(87
)
Net contract assets
$
1,255

 
$
1,158

_______________
(1)
The non-current portion of contract liabilities is included as a component of the “Other long-term liabilities” line item in our Condensed Consolidated Balance Sheet (Unaudited).
The components of contract assets are summarized below:
 
April 3, 2020
 
January 3, 2020
 
 
 
 
 
(In millions)
Unbilled contract receivables, gross
$
3,781

 
$
3,690

Progress payments and advances
(1,314
)
 
(1,231
)
 
$
2,467

 
$
2,459