Business Segment Information

9 Months Ended

Nov. 01, 2013

Business Segment Information

Business Segment Information:

The Company defines its reportable segments based on the way the chief operating decision maker (CODM), currently its chief executive officer, manages the operations of the Company for purposes of allocating resources and assessing performance.

Effective February 1, 2013, the Company realigned certain business operations among its segments and renamed three of its reportable segments as follows: Health and Engineering; National Security Solutions; Technical Services and Information Technology; and Corporate and Other. In connection with the separation of New SAIC, discussed in Note 2, the Technical Services and Information Technology reportable segment was distributed to New SAIC and was included as part of the Company's discontinued operations.

The segment information for the periods presented, with the prior year period recast to give effect to the above changes in reportable segments, was as follows:

	Three Months Ended						Nine Months Ended
	November 1, 2013			October 31, 2012			November 1, 2013			October 31, 2012
	(in millions)
Revenues:
Health and Engineering	$	408		$	508		$	1,380		$	1,341
National Security Solutions	1,014			1,166			3,117			3,563
Corporate and Other	(1		)	—			(8		)	(1		)
Intersegment elimination	(1		)	(1		)	(3		)	(4		)
Total revenues	$	1,420		$	1,673		$	4,486		$	4,899
Operating income (loss):
Health and Engineering	$	(30	)	$	46		$	2		$	107
National Security Solutions	63			79			195			260
Corporate and Other	(40		)	(25		)	(128		)	(53		)
Total operating income	$	(7	)	$	100		$	69		$	314

Leidos, Inc.

Business Segment Information

Business Segment Information:

The Company defines its reportable segments based on the way the chief operating decision maker (CODM), currently its chief executive officer, manages the operations of the Company for purposes of allocating resources and assessing performance.

Effective February 1, 2013, the Company realigned certain business operations among its segments and renamed three of its reportable segments as follows: Health and Engineering; National Security Solutions; Technical Services and Information Technology; and Corporate and Other. In connection with the separation of New SAIC, discussed in Note 2, the Technical Services and Information Technology reportable segment was distributed to New SAIC and was included as part of the Company's discontinued operations.

The segment information for the periods presented, with the prior year period recast to give effect to the above changes in reportable segments, was as follows:

	Three Months Ended						Nine Months Ended
	November 1, 2013			October 31, 2012			November 1, 2013			October 31, 2012
	(in millions)
Revenues:
Health and Engineering	$	408		$	508		$	1,380		$	1,341
National Security Solutions	1,014			1,166			3,117			3,563
Corporate and Other	(1		)	—			(8		)	(1		)
Intersegment elimination	(1		)	(1		)	(3		)	(4		)
Total revenues	$	1,420		$	1,673		$	4,486		$	4,899
Operating income (loss):
Health and Engineering	$	(30	)	$	46		$	2		$	107
National Security Solutions	63			79			195			260
Corporate and Other	(40		)	(25		)	(128		)	(53		)
Total operating income	$	(7	)	$	100		$	69		$	314