XML 62 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
GOODWILL (TABLES)
12 Months Ended
Jan. 03, 2014
Goodwill and intangible assets disclosure [Abstract]  
Changes in goodwill allocated to reportable segments [Table Text Block]
(In millions) Goodwill Balance as of December 30, 2011 Acquisitions Other Adjustments (1) Goodwill Balance as of December 28, 2012
                 
Infrastructure & Environment Operating Segment $ 758.2 $ $ 14.8 $ 773.0
                   
Federal Services Operating Segment  705.6    1.7  707.3
                   
Within the Energy & Construction Operating Segment:            
  Global Management and Operations Services Group  565.4      565.4
  Civil Construction & Mining Group  293.9      293.9
  Industrial/Process Group  189.3      189.3
  Power Group  735.1      735.1
    Total Energy & Construction Operating Segment  1,783.7      1,783.7
                   
Oil & Gas Operating Segment    456.3  1.3  457.6
                   
      Total $3,247.5 $456.3 $17.8 $3,721.6

       

  • For the year ended December 28, 2012, “Other adjustments include an adjustment for foreign currency translation of $16.1 million, and an adjustment for the final allocation of our purchase price of Apptis of $1.7 million.

(In millions) Goodwill Balance as of December 28, 2012 Acquisitions Other Adjustments (1) Goodwill Balance as of January 3, 2014
                  
Infrastructure & Environment Operating Segment $ 773.0 $ $ (14.1) $ 758.9
                   
Federal Services Operating Segment  707.3      707.3
                   
Within the Energy & Construction Operating Segment:            
  Global Management and Operations Services Group  565.4      565.4
  Civil Construction & Mining Group  293.9      293.9
  Industrial/Process Group  189.3      189.3
  Power Group  735.1      735.1
    Total Energy & Construction Operating Segment  1,783.7      1,783.7
                   
Oil & Gas Operating Segment  457.6    (11.9)  445.7
                   
      Total $3,721.6 $ $(26.0) $3,695.6

  • For the year ended January 3, 2014, “Other adjustments include an adjustment for foreign currency translation of $26.0 million.

 

Goodwill impairment review [Table Text Block]
 (In millions) Goodwill Balance as of January 3, 2014 Reporting Unit Fair Value Reporting Unit Carrying Value Percent Above Carrying Value 
                 
 Infrastructure & Environment Operating Segment $758.9 $2,173.0 $1,509.3  44.0% 
                 
 Federal Services Operating Segment  707.3  1,646.0  1,011.6  62.7% 
                 
 Within the Energy & Construction Operating Segment:             
  Global Management and Operations Services Group  565.4  1,398.0  925.3  51.1% 
  Civil Construction & Mining Group  293.9  457.0  363.0  25.9% 
  Industrial/Process Group  189.3  392.0  239.0  64.0% 
  Power Group  735.1  952.0  823.9  15.5% 
   Total Energy & Construction Operating Segment  1,783.7  3,199.0  2,351.2  36.1% 
                 
 Oil & Gas Operating Segment  445.7  1,664.0  1,366.6  21.8% 
                 
 Total $3,695.6 $8,682.0 $6,238.7  39.2% 
Cost and accumulated amortization of intangible assets [Table Text Block]
(In millions) Customer Relationships, Contracts, and Backlog Trade Name Favorable Leases and Other Total
                 
Balance as of December 30, 2011 $ 491.1 $ 25.6 $ 5.3 $ 522.0
 Acquisitions   163.0   93.5   9.8   266.3
 Amortization expense  (93.9)   (4.8)   (2.5)   (101.2)
 Other adjustments and foreign currency translation  3.3   1.7   0.1   5.1
Balance as of December 28, 2012   563.5   116.0   12.7   692.2
 Amortization expense  (100.3)  (5.5)  (1.6)   (107.4)
 Other adjustments and foreign currency translation  (5.1)  (4.6)  (5.4)   (15.1)
Balance as of January 3, 2014 $ 458.1 $ 105.9 $ 5.7 $ 569.7
                 
Estimated useful lives  1 - 16 years  1 - 20 years (1)  1 - 13 years   

  • During the fourth quarter of 2013, we revised the estimated useful life of the Flint trade name from 40 years to 20 years due to a change in our intended use.
Estimated future amortization expense of intangible assets [Table Text Block]
 (In millions) Customer Relationships, Contracts, and Backlog Trade Name Favorable Leases and Other Total 
                   
 2014 $ 87.5 $ 5.9 $ 1.1 $ 94.5 
 2015   77.0   6.3   0.7   84.0 
 2016   71.9   6.3   0.6   78.8 
 2017   66.6   6.3   0.1   73.0 
 2018   48.2   6.3   0.4   54.9 
 Thereafter   106.9   74.8   2.8   184.5 
   $ 458.1 $ 105.9 $ 5.7 $ 569.7