CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
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| Income Statement [Abstract] | ||||||
| Revenue | $ 3,963 | $ 3,612 | $ 11,654 | $ 10,034 | ||
| Cost of revenue | (3,712) | (3,627) | (11,243) | (9,812) | ||
| Gross profit (loss) | 251 | (15) | 411 | 222 | | |
| G&A | (56) | (30) | (177) | (146) | | |
| Impairment | 0 | 0 | 0 | 63 | | |
| Foreign currency gain (loss) | 23 | 34 | (62) | 51 | | |
| Total Operating Expenses | -33.0 | 4.0 | -239.0 | -32.0 | 0 | |
| Operating profit (loss) | 218 | (11) | 172 | 190 | | |
| Interest expense | (14) | (14) | (47) | (43) | | |
| Total Other Income Expenses | 42.0 | 14.0 | 119.0 | 4.0 | 0 | |
| Interest income | 56 | 28 | 166 | 47 | | |
| Earnings before taxes | 260 | 3 | 291 | 194 | | |
| Income tax expense | (79) | (27) | (172) | (89) | | |
| Net earnings (loss) | 181 | (24) | 119 | 105 | | |
| Less: Net earnings (loss) attributable to NCI | (25) | (46) | (42) | (31) | ||
| Net earnings attributable to Fluor | 206 | 22 | 161 | 136 | ||
| Less: Dividends on CPS | 10 | 10 | 29 | 29 | ||
| Less: Make-whole payment on conversion of CPS | 27 | 0 | 27 | 0 | ||
| Net earnings available to Fluor common stockholders, basic | 169 | 12 | 105 | 107 | ||
| Net earnings available to Fluor common stockholders, diluted | $ 169 | $ 12 | $ 105 | $ 107 | ||
| Basic EPS available to Fluor common stockholders (in dollars per share) | $ 1.18 | $ 0.08 | $ 0.73 | $ 0.75 | ||
| Diluted EPS available to Fluor common stockholders (in dollars per share) | $ 1.15 | $ 0.08 | $ 0.72 | $ 0.74 | ||
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of income (loss) from continuing operations attributable to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The excess of (1) fair value of the consideration transferred to the holders of the preferred stock over (2) the carrying amount of the preferred stock in the registrant's balance sheet, during the accounting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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