Other Comprehensive Income (Loss) - (Tables)

3 Months Ended

Mar. 31, 2023

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Schedule of Tax Effects of Components of Other Comprehensive Income (Loss)

The components of OCI follow:

	3ME March 31, 2023						3ME March 31, 2022
(in millions)	Before-Tax Amount		Tax Benefit (Expense)		Net-of-Tax Amount		Before-Tax Amount		Tax Benefit (Expense)		Net-of-Tax Amount
OCI:
Foreign currency translation adjustments	$	46	$	—	$	46	$	29	$	—	$	29
Ownership share of equity method investees’ OCI	(1)		—		(1)		—		1		1
DB plan adjustments	1		—		1		1		—		1
Unrealized gain (loss) on hedges	—		—		—		(2)		—		(2)
Total OCI	46		—		46		28		1		29
Less: OCI attributable to NCI	—		—		—		—		—		—
OCI attributable to Fluor	$	46	$	—	$	46	$	28	$	1	$	29

Schedule of Changes in Accumulated Other Comprehensive Income Balances By Component (After-Tax)

The changes in AOCI balances follow:

(in millions)	Foreign Currency Translation		Ownership Share of Equity Method Investees’ OCI		DB Plans		Unrealized Gain (Loss) on Hedges		AOCI, Net
Attributable to Fluor:
Balance as of December 31, 2022	$	(328)	$	(25)	$	(13)	$	1	$	(365)
OCI before reclassifications	11		(1)		1		(1)		11
Amounts reclassified from AOCI	35		—		—		1		35
Net OCI	46		(1)		1		—		46
Balance as of March 31, 2023	$	(282)	$	(26)	$	(12)	$	1	$	(319)
Attributable to NCI:
Balance as of December 31, 2022	$	(2)	$	—	$	—	$	—	$	(2)
OCI before reclassifications	—		—		—		—		—
Amounts reclassified from AOCI	—		—		—		—		—
Net OCI	—		—		—		—		—
Balance as of March 31, 2023	$	(2)	$	—	$	—	$	—	$	(2)
Attributable to Fluor:
Balance as of December 31, 2021	$	(300)	$	(56)	$	(18)	$	8	$	(366)
OCI before reclassifications	29		1		1		2		33
Amounts reclassified from AOCI	—		—		—		(4)		(4)
Net OCI	29		1		1		(2)		29
Balance as of March 31, 2022	$	(271)	$	(55)	$	(17)	$	6	$	(337)
Attributable to NCI:
Balance as of December 31, 2021	$	(3)	$	—	$	—	$	—	$	(3)
OCI before reclassifications	—		—		—		—		—
Amounts reclassified from AOCI	—		—		—		—		—
Net OCI	—		—		—		—		—
Balance as of March 31, 2022	$	(3)	$	—	$	—	$	—	$	(3)

Schedule of Significant Items Reclassified Out of Aoci and Corresponding Location and Impact

The reclassifications out of AOCI follow:

	Location in Statement of Operations	3ME March 31,
(in thousands)		2023		2022
Component of AOCI:
Foreign currency translation adjustment	Cost of revenue	$	(35)	$	—
Income tax benefit	Income tax expense (benefit)	—		—
Net of tax		$	(35)	$	—
Unrealized gain (loss) on derivative contracts:
Foreign currency contracts	Cost of revenue	$	(1)	$	5
Income tax expense	Income tax expense (benefit)	—		(1)
Net of tax		$	(1)	$	4