KBR INC
For the period ended Sep 27, 2024. Filed Oct 23, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2024 · Filed Oct 23, 2024
KBR$38.65+4.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In millions, except share data)
| September 27, | December 29, | |
|---|---|---|
| 2024 | 2023 | |
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $462 | $304 |
| Accounts receivable, net of allowance for credit losses of $10 and $8, respectively | 1,095 | 981 |
| Contract assets | 214 | 177 |
| Other current assets | 190 | 189 |
| Total current assets | 1,961 | 1,651 |
| Property, plant, and equipment, net of accumulated depreciation of $494 and $458 (including net PPE of $50 and $36 owned by a variable interest entity), respectively | 277 | 239 |
| Operating lease right-of-use assets | 212 | 138 |
| Goodwill | 2,553 | 2,109 |
| Intangible assets, net of accumulated amortization of $420 and $382, respectively | 885 | 618 |
| Equity in and advances to unconsolidated affiliates | 188 | 206 |
| Deferred income taxes | 200 | 239 |
| Other assets | 505 | 365 |
| Total assets | $6,781 | $5,565 |
| Liabilities and Shareholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $737 | $593 |
| Contract liabilities | 381 | 359 |
| Accrued salaries, wages and benefits | 397 | 340 |
| Current maturities of long-term debt | 46 | 31 |
| Other current liabilities | 266 | 249 |
| Total current liabilities | 1,827 | 1,572 |
| Employee compensation and benefits | 128 | 120 |
| Income tax payable | 111 | 106 |
| Deferred income taxes | 84 | 106 |
| Long-term debt | 2,560 | 1,801 |
| Operating lease liabilities | 236 | 176 |
| Other liabilities | 321 | 290 |
| Total liabilities | 5,267 | 4,171 |
| Commitments and Contingencies (Notes 5, 10 and 11) | ||
| KBR shareholders’ equity: | ||
| Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued | — | — |
| Common stock, $0.001 par value 300,000,000 shares authorized, 182,392,098 and 181,713,586 shares issued, and 133,231,050 and 135,067,562 shares outstanding, respectively | — | — |
| PIC | 2,520 | 2,505 |
| Retained earnings | 1,311 | 1,072 |
| Treasury stock, 49,161,048 shares and 46,646,024 shares, at cost, respectively | (1,443) | (1,279) |
| AOCL | (885) | (915) |
| Total KBR shareholders’ equity | 1,503 | 1,383 |
| Noncontrolling interests | 11 | 11 |
| Total shareholders’ equity | 1,514 | 1,394 |
| Total liabilities and shareholders’ equity | $6,781 | $5,565 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.