XML 76 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jan. 31, 2014
Jan. 31, 2013
Current assets:    
Cash and cash equivalents $ 430 $ 735
Receivables, net 1,088 1,166
Inventory, prepaid expenses and other current assets 256 333
Assets of discontinued operations 20 1,383
Total current assets 1,794 3,617
Property, plant and equipment, net 483 286
Intangible assets, net 94 178
Goodwill 1,704 1,704
Deferred income taxes 15 12
Other assets 72 78
Total assets 4,162 5,875
Current liabilities:    
Accounts payable and accrued liabilities 716 782
Accrued payroll and employee benefits 286 353
Notes payable and long-term debt, current portion 2 0
Liabilities of discontinued operations 5 657
Total current liabilities 1,009 1,792
Notes payable and long-term debt, net of current portion 1,331 1,295
Other long-term liabilities 227 170
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $.0001 par value, 10 million shares authorized and no shares issued and outstanding at January 31, 2014 and 2013 0 0
Common stock 0 0
Additional paid-in capital 1,576 2,110
Retained earnings 25 510
Accumulated other comprehensive loss (6) (2)
Total stockholders' equity 1,595 2,618
Total liabilities and stockholders' equity 4,162 5,875
Leidos, Inc.
   
Current assets:    
Cash and cash equivalents 430 735
Receivables, net 1,088 1,166
Inventory, prepaid expenses and other current assets 256 333
Assets of discontinued operations 20 1,383
Total current assets 1,794 3,617
Property, plant and equipment, net 483 286
Intangible assets, net 94 178
Goodwill 1,704 1,704
Deferred income taxes 15 12
Other assets 72 78
Note receivable from Leidos Holdings, Inc. (Note 8) 1,137 0
Total assets 5,299 5,875
Current liabilities:    
Accounts payable and accrued liabilities 716 782
Accrued payroll and employee benefits 286 353
Notes payable and long-term debt, current portion 2 0
Liabilities of discontinued operations 5 657
Total current liabilities 1,009 1,792
Notes payable and long-term debt, net of current portion 1,331 1,295
Note payable to Leidos, Holdings, Inc. (Note 8) 0 22
Other long-term liabilities 227 170
Commitments and contingencies      
Stockholders' equity:    
Common stock 0 0
Additional paid-in capital 207 233
Retained earnings 2,531 2,365
Accumulated other comprehensive loss (6) (2)
Total stockholders' equity 2,732 2,596
Total liabilities and stockholders' equity $ 5,299 $ 5,875