KBR, INC.

For the period ended Oct 3, 2025. Filed Oct 30, 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.

Oct 3, 2025 · Filed Oct 30, 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)

	October 3, 2025	January 3, 2025
(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$539	$342
Accounts receivable, net of allowance for credit losses of $7 and $9, respectively	1,122	1,066
Contract assets	247	271
Other current assets	160	173
Current assets of discontinued operations	17	21
Total current assets	2,085	1,873
Pension Assets	126	82
Property, plant, and equipment, net of accumulated depreciation of $500 and $474 (including net PPE of $5 and $5 owned by a variable interest entity), respectively	225	237
Operating lease right-of-use assets	228	203
Goodwill	2,674	2,630
Intangible assets, net of accumulated amortization of $486 and $427, respectively	740	763
Equity in and advances to unconsolidated affiliates	104	192
Deferred income taxes	150	209
Other assets	317	396
Non-current assets of discontinued operations	—	78
Total Assets	$6,649	$6,663
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$733	$772
Contract liabilities	334	328
Accrued salaries, wages and benefits	385	351
Current maturities of long-term debt	46	36
Other current liabilities	249	280
Current liabilities of discontinued operations	24	15
Total current liabilities	1,771	1,782
Employee compensation and benefits	139	135
Income tax payable	85	122
Deferred income taxes	86	83
Long-term debt	2,558	2,533
Operating lease liabilities	245	228
Other liabilities	296	244
Non-current liabilities of discontinued operations	—	69
Total liabilities	5,180	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, 182,840,316 and 182,469,230 shares issued, and 126,989,628 and 132,435,609 shares outstanding, respectively	—	—
PIC	2,546	2,526
Retained earnings	1,607	1,367
Treasury stock, 55,850,688 shares and 50,033,621 shares, at cost, respectively	(1,793)	(1,494)
AOCL	(896)	(946)
Total KBR shareholders' equity	1,464	1,453
Noncontrolling interests	5	14
Total shareholders' equity	1,469	1,467
Total liabilities and shareholders’ equity	$6,649	$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.