KBR INC

For the period ended Jan 3, 2025. Filed Feb 25, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2025

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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Contents

Consolidated Balance Sheets

(In millions, except share data)

	January 3,	December 29,
	2025	2023
Assets
Current assets:
Cash and cash equivalents	$350	$304
Accounts receivable, net of allowance for credit losses of $9 and $8	1,071	981
Contract assets	273	177
Other current assets	179	189
Total current assets	1,873	1,651
Pension assets	82	—
Property, plant, and equipment, net of accumulated depreciation of $474 and $458 (including net PPE of $57 and $36 owned by a variable interest entity)	289	239
Operating lease right-of-use assets	203	138
Goodwill	2,630	2,109
Intangible assets, net of accumulated amortization of $427 and $382	763	618
Equity in and advances to unconsolidated affiliates	192	206
Deferred income taxes	209	239
Other assets	422	365
Total assets	$6,663	$5,565
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$777	$593
Contract liabilities	336	359
Accrued salaries, wages and benefits	353	340
Current maturities of long-term debt	36	31
Other current liabilities	280	249
Total current liabilities	1,782	1,572
Employee compensation and benefits	135	120
Income tax payable	122	106
Deferred income taxes	83	106
Long-term debt	2,533	1,801
Operating lease liabilities	228	176
Other liabilities	313	290
Total liabilities	5,196	4,171
Commitments and Contingencies (Notes 6, 13 and 14)
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, 182,469,230 and 181,713,586 shares issued, and 132,435,609 and 135,067,562 shares outstanding, respectively	—	—
Paid-in capital in excess of par	2,526	2,505
Retained earnings	1,367	1,072
Treasury stock, 50,033,621 shares and 46,646,024 shares, at cost, respectively	(1,494)	(1,279)
Accumulated other comprehensive loss	(946)	(915)
Total KBR shareholders’ equity	1,453	1,383
Noncontrolling interests	14	11
Total shareholders’ equity	1,467	1,394
Total liabilities and shareholders’ equity	$6,663	$5,565

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.