March 30,
 2018

December 29,
 2017

ASSETS

Current assets:

Cash and cash equivalents

$

215

$

390

Receivables, net

1,914

1,831

Inventory, prepaid expenses and other current assets

506

453

Total current assets

2,635

2,674

Property, plant and equipment, net

227

232

Intangible assets, net

806

856

Goodwill

4,976

4,974

Other assets

269

254

$

8,913

$

8,990

LIABILITIES AND EQUITY

Current liabilities:

Accounts payable and accrued liabilities

$

1,622

$

1,639

Accrued payroll and employee benefits

379

487

Dividends payable

14

17

Income taxes payable

7

4

Long-term debt, current portion

81

55

Total current liabilities

2,103

2,202

Long-term debt, net of current portion

3,007

3,056

Deferred tax liabilities

221

220

Other long-term liabilities

148

129

Stockholders' equity:

Common stock, $.0001 par value, 500 million shares authorized, 152 million and 151 million shares issued and outstanding at March 30, 2018 and December 29, 2017, respectively

—

—

Additional paid-in capital

3,338

3,344

Accumulated earnings (deficit)

37

(7)

Accumulated other comprehensive income

56

33

Total Leidos stockholders' equity

3,431

3,370

Non-controlling interest

3

13

Total equity

3,434

3,383

$

8,913

$

8,990