XML 24 R12.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accumulated Other Comprehensive Loss
 6 Months Ended
Jul. 01, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss were as follows:
 
July 1,
2016
 
January 1,
2016
 
(in millions)
Foreign currency translation adjustments, net of taxes of $(3) million as of July 1, 2016
$
4

 
$
—

Unrecognized net loss on settled derivative instruments associated with outstanding debt, net of taxes of $3 million as of July 1, 2016, and January 1, 2016
(4
)
 
(4
)
Unrecognized net loss on defined benefit plan, net of taxes of $2 million and $3 million as of July 1, 2016, and January 1, 2016, respectively
(4
)
 
(4
)
Total accumulated other comprehensive loss, net of taxes of $2 million and $6 million as of July 1, 2016, and January 1, 2016, respectively
$
(4
)
 
$
(8
)

Reclassifications from other comprehensive income to net income relating to unrecognized net gain (loss) on settled derivative instruments associated with outstanding debt for the quarter and six months ended July 1, 2016, and July 3, 2015, were not material. There were no reclassifications from other comprehensive income to net income relating to foreign currency translation adjustments or unrecognized net gain (loss) on defined benefit plan during the quarter and six months ended July 1, 2016, and July 3, 2015. Reclassifications for unrecognized net gain (loss) on settled derivative instruments associated with outstanding debt are recorded in "Interest expense, net" in the Company's condensed consolidated statements of income.
Leidos, Inc.  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss were as follows:
 
July 1,
2016
 
January 1,
2016
 
(in millions)
Foreign currency translation adjustments, net of taxes of $(3) million as of July 1, 2016
$
4

 
$
—

Unrecognized net loss on settled derivative instruments associated with outstanding debt, net of taxes of $3 million as of July 1, 2016, and January 1, 2016
(4
)
 
(4
)
Unrecognized net loss on defined benefit plan, net of taxes of $2 million and $3 million as of July 1, 2016, and January 1, 2016, respectively
(4
)
 
(4
)
Total accumulated other comprehensive loss, net of taxes of $2 million and $6 million as of July 1, 2016, and January 1, 2016, respectively
$
(4
)
 
$
(8
)

Reclassifications from other comprehensive income to net income relating to unrecognized net gain (loss) on settled derivative instruments associated with outstanding debt for the quarter and six months ended July 1, 2016, and July 3, 2015, were not material. There were no reclassifications from other comprehensive income to net income relating to foreign currency translation adjustments or unrecognized net gain (loss) on defined benefit plan during the quarter and six months ended July 1, 2016, and July 3, 2015. Reclassifications for unrecognized net gain (loss) on settled derivative instruments associated with outstanding debt are recorded in "Interest expense, net" in the Company's condensed consolidated statements of income.