XML 25 R3.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENT OF EARNINGS - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
TOTAL REVENUE $ 3,937,707,000 $ 3,842,235,000 $ 10,622,201,000 $ 11,268,305,000
TOTAL COST OF REVENUE 3,869,606,000 3,654,953,000 11,177,807,000 10,959,757,000
OTHER (INCOME) AND EXPENSES        
Corporate general and administrative expense 10,362,000 61,058,000 115,426,000 134,726,000
Restructuring charges accrued during the period 333,988,000 0 388,027,000 0
Interest expense 18,984,000 24,238,000 56,490,000 58,131,000
Interest income (13,965,000) (9,504,000) (40,695,000) (24,777,000)
Total cost and expenses 4,218,975,000 3,730,745,000 11,697,055,000 11,127,837,000
EARNINGS (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES (281,268,000) 111,490,000 (1,074,854,000) 140,468,000
INCOME TAX EXPENSE 490,077,000 28,710,000 368,289,000 39,260,000
NET EARNINGS (LOSS) FROM CONTINUING OPERATIONS (771,345,000) 82,780,000 (1,443,143,000) 101,208,000
NET EARNINGS FROM DISCONTINUED OPERATIONS 41,806,000 13,245,000 76,810,000 113,920,000
NET EARNINGS (LOSS) (729,539,000) 96,025,000 (1,366,333,000) 215,128,000
LESS: NET EARNINGS (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS FROM CONTINUING OPERATIONS 10,260,000 14,199,000 (18,918,000) 31,528,000
NET EARNINGS (LOSS) ATTRIBUTABLE TO FLUOR CORPORATION FROM CONTINUING OPERATIONS (781,605,000) 68,581,000 (1,424,225,000) 69,680,000
LESS: NET EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTERESTS FROM DISCONTINUED OPERATIONS 2,185,000 4,481,000 7,803,000 9,013,000
Net earnings (loss) (741,984,000) 77,345,000 (1,355,218,000) 174,587,000
AMOUNTS ATTRIBUTABLE TO FLUOR CORPORATION        
Net earnings (loss) from continuing operations (781,605,000) 68,581,000 (1,424,225,000) 69,680,000
Net earnings (loss) attributable to Fluor Corporation from discontinued operations 39,621,000 8,764,000 69,007,000 104,907,000
Net earnings (loss) $ (741,984,000) $ 77,345,000 $ (1,355,218,000) $ 174,587,000
BASIC EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO FLUOR CORPORATION        
Earnings (loss) from continuing operations (in dollars per share) $ (5.57) $ 0.49 $ (10.17) $ 0.49
Earnings (loss) from discontinued operations, net of taxes (in dollars per share) 0.28 0.06 0.49 0.75
Net earnings (loss) (in dollars per share) (5.29) 0.55 (9.68) 1.24
DILUTED EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO FLUOR CORPORATION        
Earnings (loss) from continuing operations (in dollars per share) (5.57) 0.49 (10.17) 0.49
Earnings (loss) from discontinued operations, net of taxes (in dollars per share) 0.28 0.06 0.49 0.74
Net earnings (loss) (in dollars per share) $ (5.29) $ 0.55 $ (9.68) $ 1.23
SHARES USED TO CALCULATE EARNINGS PER SHARE        
BASIC (in shares) 140,163 140,713 140,027 140,489
DILUTED (in shares) 140,163 141,549 140,027 141,366
DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 0.21 $ 0.21 $ 0.63 $ 0.63