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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 4,094 $ 3,963 $ 12,055 $ 11,654
Cost of revenue (4,006) (3,712) (11,689) (11,243)
Gross profit 88 251 366 411
G&A (37) (56) (147) (177)
Foreign currency gain (loss) (2) 23 58 (62)
Operating profit 49 218 277 172
Interest expense (11) (14) (35) (47)
Interest income 48 56 149 166
Earnings before taxes 86 260 391 291
Income tax expense (61) (79) (172) (172)
Net earnings 25 181 219 119
Less: Net earnings (loss) attributable to NCI (29) (25) (63) (42)
Net earnings attributable to Fluor 54 206 282 161
Less: Dividends on CPS 0 10 0 29
Less: Make-whole payment on conversion of CPS 0 27 0 27
Net earnings available to Fluor common stockholders, basic 54 169 282 105
Net earnings available to Fluor common stockholders, diluted $ 54 $ 169 $ 282 $ 105
Basic EPS available to Fluor common stockholders (in dollars per share) $ 0.32 $ 1.18 $ 1.65 $ 0.73
Diluted EPS available to Fluor common stockholders (in dollars per share) $ 0.31 $ 1.15 $ 1.63 $ 0.72