XML 17 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents ($289,991 and $352,996 related to variable interest entities ("VIEs")) $ 1,949,886 $ 1,993,125
Marketable securities, current ($70,176 and $14,082 related to VIEs) 197,092 105,131
Accounts and notes receivable, net ($186,833 and $193,565 related to VIEs) 1,203,024 1,471,705
Contract work in progress ($178,826 and $166,334 related to VIEs) 1,376,471 1,587,275
Deferred taxes 172,887 340,223
Other current assets ( $27,362 and $38,848 related to VIEs) 378,927 260,588
Total current assets 5,278,287 5,758,047
PROPERTY, PLANT AND EQUIPMENT    
Land 72,244 84,274
Buildings and improvements 434,213 454,641
Machinery and equipment 1,252,615 1,305,623
Furniture and fixtures 135,701 142,961
Construction in progress 43,644 73,962
Gross property, plant and equipment 1,938,417 2,061,461
Less accumulated depreciation 1,046,077 1,081,198
Net property, plant and equipment ( $70,247 and $77,579 related to VIEs) 892,340 980,263
OTHER ASSETS    
Marketable securities, noncurrent 220,634 343,644
Goodwill 111,646 112,952
Investments 337,930 189,805
Deferred taxes 221,945 201,004
Deferred compensation trusts 360,725 405,022
Other assets ( $24,141 and $24,003 related to VIEs) 207,999 203,692
Total other assets 1,460,879 1,456,119
TOTAL ASSETS 7,631,506 8,194,429
CURRENT LIABILITIES    
Trade accounts payable ($178,139 and $213,837 related to VIEs) 1,266,509 1,422,084
Convertible senior notes and other borrowings   28,742
Advance billings on contracts ($188,484 and $151,321 related to VIEs) 754,037 569,418
Accrued salaries, wages and benefits ($47,526 and $51,749 related to VIEs) 669,592 725,586
Other accrued liabilities ($25,384 and $21,709 related to VIEs) 245,214 585,023
Total current liabilities 2,935,352 3,330,853
LONG-TERM DEBT DUE AFTER ONE YEAR 992,664 991,685
NONCURRENT LIABILITIES $ 589,991 $ 648,061
CONTINGENCIES AND COMMITMENTS
Capital stock    
Preferred - authorized 20,000,000 shares ($0.01 par value); none issued
Common - authorized 375,000,000 shares ($0.01 par value); issued and outstanding - 139,018,309 and 148,633,640 shares in 2015 and 2014, respectively $ 1,390 $ 1,486
Accumulated other comprehensive loss (432,775) (484,212)
Retained earnings 3,428,732 3,593,597
Total shareholders' equity 2,997,347 3,110,871
Noncontrolling interests 116,152 112,959
Total equity 3,113,499 3,223,830
TOTAL LIABILITIES AND EQUITY $ 7,631,506 $ 8,194,429