XML 54 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
Jan. 03, 2014
Dec. 28, 2012
Current assets:    
Cash and cash equivalents $ 283,700,000 $ 314,500,000
Accounts receivable, including retentions of $116.6 and $114.4, respectively 1,392,600,000 1,554,800,000
Costs and accrued earnings in excess of billings on contracts 1,521,500,000 1,384,300,000
Less receivable allowances (65,100,000) (69,700,000)
Net accounts receivable 2,849,000,000 2,869,400,000
Deferred tax assets 35,600,000 67,600,000
Inventory 49,200,000 61,500,000
Other current assets 173,200,000 204,200,000
Total current assets 3,390,700,000 3,517,200,000
Investments in and advances to unconsolidated joint ventures 245,600,000 278,300,000
Property and equipment, net 608,100,000 [1],[2] 687,500,000 [1],[2]
Intangible assets, net 569,700,000 692,200,000
Goodwill 3,695,600,000 3,721,600,000
Other long-term assets 208,300,000 364,200,000
Total assets 8,718,000,000 9,261,000,000
Current liabilities:    
Current portion of long-term debt 44,600,000 71,800,000
Accounts payable and subcontractors payable, including retentions of $29.2 and $32.3, respectively 688,300,000 803,500,000
Accrued salaries and employee benefits 507,400,000 558,800,000
Billings in excess of costs and accrued earnings on contracts 233,100,000 289,100,000
Other current liabilities 365,200,000 277,800,000
Total current liabilities 1,838,600,000 2,001,000,000
Long-term debt 1,666,900,000 1,992,500,000
Deferred tax liabilities 444,200,000 379,900,000
Self-insurance reserves 127,200,000 129,800,000
Pension and post-retirement benefit obligations 285,700,000 300,900,000
Other long-term liabilities 128,400,000 271,000,000
Total liabilities 4,491,000,000 5,075,100,000
Commitments and contingencies      
URS stockholders' equity:    
Preferred stock, authorized 3.0 shares; no shares outstanding 0 0
Common stock par value $.01; authorized 200.0 shares; 89.1 and 88.9 shares issued, respectively; and 75.0 and 76.8 shares outstanding, respectively 900,000 900,000
Treasury stock, 14.1 and 12.1 shares at cost, respectively (588,200,000) (494,900,000)
Additional paid-in capital 3,038,100,000 3,003,900,000
Accumulated other comprehensive loss (200,300,000) (113,200,000)
Retained earnings 1,830,700,000 1,647,300,000
Total URS stockholders' equity 4,081,200,000 4,044,000,000
Noncontrolling interests 145,800,000 141,900,000
Total stockholders' equity 4,227,000,000 4,185,900,000
Total liabilities and stockholders' equity $ 8,718,000,000 $ 9,261,000,000
[1]          The unamortized computer software costs were $76.0 million and $71.1 million, respectively, as of January 3, 2014 and December 28, 2012.
[2] Property and equipment, net is categorized by the location of incorporation of the legal entities.