LEIDOS HOLDINGS, INC.
UNAUDITED NON-GAAP FINANCIAL MEASURES [CONTINUED]
(in millions, except per share amounts)

Three Months Ended March 31, 2017

As reported

Acquisition and
integration costs

Amortization
of
intangibles⁽²⁾

Restructuring expenses

Non-GAAP
results

Operating income

$

141

$

19

$

69

$

13

$

242

Non-operating expense, net

(33)

—

—

—

(33)

Income before income taxes

108

19

69

13

209

Income tax expense⁽¹⁾

(34)

(7)

(27)

(5)

(73)

Net income

74

12

42

8

136

Less: net income attributable to non-controlling
  interest

2

—

—

—

2

Net income attributable to Leidos common
  stockholders

$

72

$

12

$

42

$

8

$

134

Diluted EPS attributable to Leidos common
  stockholders

$

0.47

$

0.08

$

0.28

$

0.05

$

0.88

Diluted shares

153

153

153

153

153