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Operating Information by Segment and Geographic Area
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Operating Information by Segment and Geographic Area Operating Information by Segment and Geographic Area
 Year Ended December 31,
(in millions)202120202019
Revenue
Energy Solutions$4,956 $5,271 $5,838 
Urban Solutions4,416 5,854 6,590 
Mission Solutions3,063 3,033 3,026 
Total revenue$12,435 $14,158 $15,454 
Intercompany revenue for our professional staffing business, excluded from revenue above$261 $269 $310 
Segment profit (loss)
Energy Solutions$250 $169 $(97)
Urban Solutions38 161 (50)
Mission Solutions155 87 46 
Other(69)(84)(66)
Total segment profit$374 $333 $(167)
G&A(216)(202)(140)
Impairment, restructuring and other exit costs(44)(108)(318)
Gain (loss) on pension settlement(198)— (138)
Foreign currency gain (loss)(13)(45)(26)
Interest income (expense), net(68)(42)(11)
Earnings (loss) from Cont Ops attributable to NCI37 67 (39)
Earnings (loss) from Cont Ops before taxes$(128)$$(839)
Depreciation (all but Corporate included in segment profit)
Energy Solutions$— $— $— 
Urban Solutions10 
Mission Solutions
Other
Corporate53 65 62 
Total depreciation(1)
$68 $81 $75 
Capital expenditures
Energy Solutions$— $— $— 
Urban Solutions25 29 12 
Mission Solutions
Other
Corporate19 25 58 
Total capital expenditures(2)
$50 $61 $74 
December 31, 2021December 31, 2020
Total assets
Energy Solutions$1,158 $1,011 
Urban Solutions906 1,123 
Mission Solutions764 576 
Other38 37 
Corporate3,588 3,575 
Disc Ops - Assets held for sale826 988 
Total assets$7,280 $7,310 
Goodwill
Energy Solutions$13 $13 
Urban Solutions130 130 
Mission Solutions58 58 
Other
Total goodwill$207 $207 
(1) Depreciation of $5 million, $22 million and $79 million during 2021, 2020 and 2019, respectively, is reported in Disc Ops and excluded from the table above.
(2) Capital expenditures of $28 million, $48 million and $102 million during 2021, 2020 and 2019, respectively, is reported in Disc Ops and excluded from the table above.
Energy Solutions. The revenue of a single Energy Solutions customer and its affiliates amounted to 15% and 13% of our consolidated revenue during 2021 and 2020, respectively. The revenue of a different Energy Solutions customer and its affiliates amounted to 13% of our consolidated revenue during 2019.
Segment profit in 2021 included the collection of previously reserved accounts receivable and losses on embedded foreign currency derivatives. Segment profit in 2020 included the recognition of reserves totaling $60 million for expected credit losses on aged receivables as well as margin diminution resulting from COVID related cost growth. Segment loss in 2019 included charges associated with forecast revisions on certain projects including $260 million (or $1.85 per share) for cost growth on an offshore project; $87 million (or $0.62 per share) for cost growth on two downstream projects and scope reductions on a large upstream project; $26 million (or $0.19 per share) for the write-off of pre-contract costs, $26 million (or $0.19 per share) on embedded foreign currency derivatives and $31 million (or $0.22 per share) from the resolution of close-out matters.
Urban Solutions. Segment profit in 2021 included forecast revisions for procurement and subcontractor cost growth, delays and disruptions in schedule of a legacy infrastructure project, resulting in a charge of $138 million (or $0.72 per share). Segment profit in 2021 also included forecast revisions for schedule delays and productivity on a light rail project, a favorable resolution of a long-standing customer dispute on a road project and a gain on the sale of our interest in an infrastructure joint venture. Segment profit in 2020 included a positive settlement on a canceled rail project as well as charges for cost growth in the infrastructure legacy portfolio. Segment loss in 2019 included forecast revisions totaling $135 million (or $0.96 per share) for three power projects and $133 million (or $0.95 per share) for several infrastructure projects. Segment loss in 2019 was partially offset by a gain of $31 million (or $0.16 per share) resulting from a favorable resolution of a longstanding customer dispute on a mining project.
Mission Solutions. Revenue from work performed for various agencies of the U.S. government amounted to 24%, 20% and 17% of our consolidated revenue during 2021, 2020 and 2019, respectively.
Segment loss in 2019 included charges of $59 million (or $0.42 per share) and $83 million (or $0.59 per share) on two lump-sum projects, respectively, for various engineering and cost growth associated with the facilities. The 2019 charges were partially offset by a favorable settlement on two nuclear power plant projects in 2019.
Other. NuScale received capital contributions from outside investors of $193 million, $9 million and $49 million during 2021, 2020 and 2019, respectively. As of December 31, 2021, Fluor had an approximate 80% ownership in NuScale.
Operating Information by Geographic Area
Revenue by project location
Year Ended December 31,
Total Assets
As of December 31,
(in millions)20212020201920212020
North America$8,130 $9,388 $7,895 $4,526 $3,982 
Asia Pacific (includes Australia)1,264 1,324 1,695 617 562 
Europe1,458 1,791 2,869 1,081 1,404 
Central and South America1,252 1,126 2,021 612 813 
Middle East and Africa331 529 974 444 549 
Total$12,435 $14,158 $15,454 $7,280 $7,310