KBR, INC.

For the period ended Apr 4, 2025. Filed May 6, 2025.

About this filing

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.

Apr 4, 2025 · Filed May 6, 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

Condensed Consolidated Balance Sheets

(In millions, except share data)

	April 4,	January 3,
	2025	2025
(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$442	$350
Accounts receivable, net of allowance for credit losses of $8 and $9, respectively	1,150	1,071
Contract assets	280	273
Other current assets	185	179
Total current assets	2,057	1,873
Pension Assets	96	82
Property, plant, and equipment, net of accumulated depreciation of $491 and $474 (including net PPE of $64 and $57 owned by a variable interest entity), respectively	294	289
Operating lease right-of-use assets	194	203
Goodwill	2,643	2,630
Intangible assets, net of accumulated amortization of $448 and $427, respectively	753	763
Equity in and advances to unconsolidated affiliates	178	192
Deferred income taxes	196	209
Other assets	436	422
Total assets	$6,847	$6,663
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$792	$777
Contract liabilities	333	336
Accrued salaries, wages and benefits	369	353
Current maturities of long-term debt	39	36
Other current liabilities	324	280
Total current liabilities	1,857	1,782
Employee compensation and benefits	118	135
Income tax payable	124	122
Deferred income taxes	83	83
Long-term debt	2,705	2,533
Operating lease liabilities	219	228
Other liabilities	311	313
Total liabilities	5,417	5,196
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, 182,787,698 and 182,469,230 shares issued, and 129,735,945 and 132,435,609 shares outstanding, respectively	—	—
PIC	2,534	2,526
Retained earnings	1,461	1,367
Treasury stock, 53,051,753 shares and 50,033,621 shares, at cost, respectively	(1,648)	(1,494)
AOCL	(930)	(946)
Total KBR shareholders’ equity	1,417	1,453
Noncontrolling interests	13	14
Total shareholders’ equity	1,430	1,467
Total liabilities and shareholders’ equity	$6,847	$6,663

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.