Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 01, 2016	Jan. 01, 2016
Current assets:
Cash and cash equivalents	$ 609	$ 656
Receivables, net	874	921
Inventory, prepaid expenses and other current assets	225	216
Assets held for sale	95	0
Total current assets	1,803	1,793
Property, plant and equipment (less accumulated depreciation and amortization of $267 million and $272 million at April 1, 2016, and January 1, 2016, respectively)	136	142
Goodwill and intangible assets, net	1,231	1,232
Deferred income taxes	7	8
Other assets	214	195
Total assets	3,391	3,370
Current liabilities:
Accounts payable and accrued liabilities	707	769
Accrued payroll and employee benefits	216	268
Notes payable and long-term debt, current portion	2	2
Liabilities held for sale	80	0
Liabilities of discontinued operations	0	1
Total current liabilities	1,005	1,040
Notes payable and long-term debt, net of current portion	1,089	1,079
Other long-term liabilities	$ 195	$ 183
Commitments and contingencies (Notes 10 and 11)
Stockholders' equity:
Preferred stock, $.0001 par value, 10 million shares authorized and no shares issued and outstanding at April 1, 2016, and January 1, 2016	$ 0	$ 0
Common stock	0	0
Additional paid-in capital	1,359	1,353
Accumulated deficit	(251)	(277)
Accumulated other comprehensive loss	(6)	(8)
Total stockholders’ equity	1,102	1,068
Total liabilities and stockholders' equity	3,391	3,370
Leidos, Inc.
Current assets:
Cash and cash equivalents	609	656
Receivables, net	874	921
Inventory, prepaid expenses and other current assets	225	216
Assets held for sale	95	0
Total current assets	1,803	1,793
Property, plant and equipment (less accumulated depreciation and amortization of $267 million and $272 million at April 1, 2016, and January 1, 2016, respectively)	136	142
Goodwill and intangible assets, net	1,231	1,232
Deferred income taxes	7	8
Other assets	214	195
Note receivable from Leidos Holdings, Inc.	1,611	1,593
Total assets	5,002	4,963
Current liabilities:
Accounts payable and accrued liabilities	707	769
Accrued payroll and employee benefits	216	268
Notes payable and long-term debt, current portion	2	2
Liabilities held for sale	80	0
Liabilities of discontinued operations	0	1
Total current liabilities	1,005	1,040
Notes payable and long-term debt, net of current portion	1,089	1,079
Other long-term liabilities	$ 195	$ 183
Commitments and contingencies (Notes 10 and 11)
Stockholders' equity:
Common stock	$ 0	$ 0
Additional paid-in capital	207	207
Accumulated deficit	2,512	2,462
Accumulated other comprehensive loss	(6)	(8)
Total stockholders’ equity	2,713	2,661
Total liabilities and stockholders' equity	$ 5,002	$ 4,963