Earnings Per Share

3 Months Ended

Mar. 31, 2022

Potentially dilutive securities include CPS, stock options, RSUs and performance-based award units. Diluted EPS reflects the assumed exercise or conversion of all dilutive securities using the if-converted and treasury stock methods. In computing diluted EPS, only securities that are actually dilutive are included.


	3ME March 31,
(in millions, except per share amounts)	2022		2021
Net earnings (loss) from Cont Ops attributable to Fluor	$	48	$	(86)
Less: Dividends on CPS	10		—
Net earnings (loss) from Cont Ops available to Fluor common stockholders	38		(86)
Net earnings (loss) from Disc Ops attributable to Fluor	—		(1)
Net earnings (loss) available to Fluor common stockholders	$	38	$	(87)

Weighted average common shares outstanding	142		141
Dilutive effect:
CPS	—		—
Stock options, RSUs and performance-based award units	—		—
Weighted average diluted shares outstanding	142		141

Basic EPS available to Fluor common stockholders:
Net earnings (loss) from Cont Ops	$	0.27	$	(0.61)
Net earnings (loss) from Disc Ops	—		(0.01)

Diluted EPS available to Fluor common stockholders:
Net earnings (loss) from Cont Ops	$	0.27	$	(0.61)
Net earnings (loss) from Disc Ops	—		(0.01)

Anti-dilutive securities not included in shares outstanding:
CPS	27		N/A
Stock options, RSUs and performance-based award units	2		2