Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2023						3ME June 30, 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	$	19	$	—	$	19	$	(33)	$	—	$	(33)
Ownership share of equity method investees’ OCI	(4)		1		(3)		21		(4)		17
Other	1		—		1		(1)		—		(1)
Total OCI	16		1		17		(13)		(4)		(17)
Less: OCI attributable to NCI	—		—		—		1		—		1
OCI attributable to Fluor	$	16	$	1	$	17	$	(14)	$	(4)	$	(18)

	6ME June 30, 2023						6ME June 30, 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	$	65	$	—	$	65	$	(4)	$	—	$	(4)
Ownership share of equity method investees’ OCI	(5)		1		(4)		21		(3)		18
Other	2		—		2		(3)		1		(2)
Total OCI	62		1		63		14		(2)		12
Less: OCI attributable to NCI	—		—		—		1		—		1
OCI attributable to Fluor	$	62	$	1	$	63	$	13	$	(2)	$	11

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		Other		AOCI, Net
Attributable to Fluor:
Balance as of March 31, 2023	$	(282)	$	(26)	$	(11)	$	(319)
OCI before reclassifications	19		(3)		—		16
Amounts reclassified from AOCI	—		—		1		1
Net OCI	19		(3)		1		17
Balance as of June 30, 2023	$	(263)	$	(29)	$	(10)	$	(302)
					0
Attributable to NCI:					0
Balance as of March 31, 2023	$	(2)	$	—	$	—	$	(2)
OCI before reclassifications	—		—		—		—
Amounts reclassified from AOCI	—		—		—		—
Net OCI	—		—		—		—
Balance as of June 30, 2023	$	(2)	$	—	$	—	$	(2)

(in millions)	Foreign Currency Translation		Ownership Share of Equity Method Investees’ OCI		Other		AOCI, Net
Attributable to Fluor:
Balance as of December 31, 2022	$	(328)	$	(25)	$	(12)	$	(365)
OCI before reclassifications	65		(4)		—		61
Amounts reclassified from AOCI	—		—		2		2
Net OCI	65		(4)		2		63
Balance as of June 30, 2023	$	(263)	$	(29)	$	(10)	$	(302)
					0
Attributable to NCI:					0
Balance as of December 31, 2022	$	(2)	$	—	$	—	$	(2)
OCI before reclassifications	—		—		—		—
Amounts reclassified from AOCI	—		—		—		—
Net OCI	—		—		—		—
Balance as of June 30, 2023	$	(2)	$	—	$	—	$	(2)

(in millions)	Foreign Currency Translation		Ownership Share of Equity Method Investees’ OCI		Other		AOCI, Net
Attributable to Fluor:
Balance as of March 31, 2022	$	(271)	$	(55)	$	(11)	$	(337)
OCI before reclassifications	(34)		10		(4)		(28)
Amounts reclassified from AOCI	—		7		3		10
Net OCI	(34)		17		(1)		(18)
Balance as of June 30, 2022	$	(305)	$	(38)	$	(12)	$	(355)
					0
Attributable to NCI:					0
Balance as of March 31, 2022	$	(3)	$	—	$	—	$	(3)
OCI before reclassifications	1		—		—		1
Amounts reclassified from AOCI	—		—		—		—
Net OCI	1		—		—		1
Balance as of June 30, 2022	$	(2)	$	—	$	—	$	(2)

(in millions)	Foreign Currency Translation		Ownership Share of Equity Method Investees’ OCI		Other		AOCI, Net
Attributable to Fluor:
Balance as of December 31, 2021	$	(300)	$	(56)	$	(10)	$	(366)
OCI before reclassifications	(5)		10		(1)		4
Amounts reclassified from AOCI	—		8		(1)		7
Net OCI	(5)		18		(2)		11
Balance as of June 30, 2022	$	(305)	$	(38)	$	(12)	$	(355)
					0
Attributable to NCI:					0
Balance as of December 31, 2021	$	(3)	$	—	$	—	$	(3)
OCI before reclassifications	1		—		—		1
Amounts reclassified from AOCI	—		—		—		—
Net other comprehensive income (loss)	1		—		—		1
Balance as of June 30, 2022	$	(2)	$	—	$	—	$	(2)

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 June 30,				6ME June 30,
(in millions)		2023		2022		2023		2022
Component of AOCI:
Ownership share of equity method investees’ OCI	Cost of revenue	$	—	$	(7)	$	—	$	(8)
Income tax benefit	Income tax expense (benefit)	—		—		—		—
Net of tax		$	—	$	(7)	$	—	$	(8)
Unrealized gain (loss) on foreign currency contracts	Cost of revenue	$	(1)	$	(4)	$	(2)	$	1
Income tax benefit	Income tax expense (benefit)	—		1		—		—
Net of tax		$	(1)	$	(3)	$	(2)	$	1