CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Millions	Mar. 28, 2025	Jan. 03, 2025
Current assets
Cash and cash equivalents	$ 517	$ 615
Receivables, net of allowances for collection losses of $23 and $21, respectively	1,501	1,072
Contract assets	3,643	3,230
Inventories, net	1,252	1,330
Income taxes receivable	205	379
Other current assets	478	461
Assets of business held for sale	0	1,131
Total current assets	7,596	8,218
Non-current assets
Property, plant and equipment, net	2,755	2,806
Goodwill	20,337	20,325
Intangible assets, net	7,448	7,639
Deferred income taxes	128	120
Other non-current assets	2,984	2,893
Total assets	41,248	42,001
Current liabilities
Short-term debt	535	515
Current portion of long-term debt, net	740	640
Accounts payable	2,047	2,005
Contract liabilities	2,124	2,142
Compensation and benefits	314	419
Other current liabilities	1,689	1,677
Liabilities of business held for sale	0	235
Total current liabilities	7,449	7,633
Non-current liabilities
Long-term debt, net	10,977	11,081
Deferred income taxes	842	942
Other long-term liabilities	2,850	2,766
Total liabilities	22,118	22,422
Shareholders’ Equity:
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 187,593,750 and 189,794,911 shares at March 28, 2025 and January 3, 2025, respectively	188	190
Paid-in capital	15,170	15,558
Retained earnings	3,787	3,739
Accumulated other comprehensive (loss) income	(14)	27
Total shareholders’ equity	19,131	19,514
Noncontrolling interests	(1)	65
Total equity	19,130	19,579
Total liabilities and equity	$ 41,248	$ 42,001