KBR, INC.

For the period ended Jul 4, 2025. Filed Jul 31, 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.

Jul 4, 2025 · Filed Jul 31, 2025

KBR$38.65+4.0%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(In millions, except share data)

	July 4, 2025	January 3, 2025
(Unaudited)
Assets
Current assets:
Cash and equivalents	$403	$342
Accounts receivable, net of allowance for credit losses of $7 and $9, respectively	1,213	1,066
Contract assets	282	271
Other current assets	164	173
Current assets of discontinued operations	30	21
Total current assets	2,092	1,873
Pension Assets	115	82
Property, plant, and equipment, net of accumulated depreciation of $500 and $474 (including net PPE of $6 and $5 owned by a variable interest entity), respectively	233	237
Operating lease assets right-of-use assets	196	203
Goodwill	2,693	2,630
Intangible assets, net of accumulated amortization of $473 and $427, respectively	761	763
Equity in and advances to unconsolidated affiliates	181	192
Deferred income taxes	179	209
Other assets	343	396
Non-current assets of discontinued operations	—	78
Total Assets	$6,793	$6,663
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$813	$772
Contract liabilities	334	328
Accrued salaries, wages and benefits	341	351
Current maturities of long-term debt	43	36
Other current liabilities	288	280
Current liabilities of discontinued operations	38	15
Total current liabilities	1,857	1,782
Employee compensation and benefits	135	135
Income tax payable	128	122
Deferred income taxes	88	83
Long-term debt	2,571	2,533
Operating lease liabilities	217	228
Other liabilities	308	244
Non-current liabilities of discontinued operations	—	69
Total liabilities	5,304	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, 182,806,591 and 182,469,230 shares issued, and 128,841,538 and 132,435,609 shares outstanding, respectively	—	—
PIC	2,539	2,526
Retained earnings	1,513	1,367
Treasury stock, 53,965,053 shares and 50,033,621 shares, at cost, respectively	(1,697)	(1,494)
AOCL	(868)	(946)
Total KBR shareholders' equity	1,487	1,453
Noncontrolling interests	2	14
Total shareholders' equity	1,489	1,467
Total liabilities and shareholders’ equity	$6,793	$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.