Business Segments (Tables)

9 Months Ended

Sep. 30, 2011

Business Segments [Abstract]

Operating Revenues by Industry and Business Segment - Table

	Quarter Ended September 30,				Nine Months Ended September 30,
		2011		2010		2011		2010
Operating Revenues (Third-Party) by Industry:
Power generation	$	226,113	$	131,057	$	690,296	$	432,019
Oil refining		356,831		329,335		1,103,825		1,037,033
Pharmaceutical		13,062		13,441		39,536		37,932
Oil and gas		369,438		252,290		977,540		851,486
Chemical/petrochemical		112,204		124,611		396,590		375,381
Power plant operation and maintenance		36,474		43,564		99,038		94,743
Environmental		2,378		2,299		7,914		8,900
Other, net of eliminations		15,356		8,112		37,247		18,284
Total	$	1,131,856	$	904,709	$	3,351,986	$	2,855,778
Operating Revenues (Third-Party) by Business Segment:
Global E&C Group	$	882,063	$	749,249	$	2,597,886	$	2,371,394
Global Power Group		249,793		155,460		754,100		484,384
Total	$	1,131,856	$	904,709	$	3,351,986	$	2,855,778

Segment Reporting Information - Table

			Quarter Ended September 30,				Nine Months Ended September 30,
				2011		2010		2011		2010
EBITDA:
	Global E&C Group		$	58,615	$	69,339	$	155,125	$	254,732
	Global Power Group			35,312		40,430		129,511		96,709
	C&F Group *			(25,267)		(22,619)		(70,886)		(62,772)
		Total		68,660		87,150		213,750		288,669
Add: Net income attributable to noncontrolling interests				5,832		4,858		12,664		11,954
Less: Interest expense				3,079		4,330		10,385		12,925
Less: Depreciation and amortization				12,221		12,407		37,398		37,394
Income before income taxes				59,192		75,271		178,631		250,304
Less: Provision for income taxes				16,502		18,693		42,829		55,712
Net income				42,690		56,578		135,802		194,592
Less: Net income attributable to noncontrolling interests				5,832		4,858		12,664		11,954
Net income attributable to Foster Wheeler AG			$	36,858	$	51,720	$	123,138	$	182,638
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* Includes general corporate income and expense, our captive insurance operation and the elimination of transactions and balances
		related to intercompany interest.
EBITDA in the above table includes the following:			Quarter Ended September 30,				Nine Months Ended September 30,
				2011		2010		2011		2010
Net increase in contract profit from the regular
	revaluation of final estimated contract profit revisions:(1)
	Global E&C Group(2)		$	8,300	$	8,400	$	10,800	$	27,900
	Global Power Group(2)			1,200		3,400		12,500		16,700
		Total(2)		9,500		11,800		23,300		44,600
Net asbestos-related provision/(gain) in our C&F Group(3)				2,000		(1,700)		4,400		(100)
Curtailment gain on the closure of the U.K. pension plan
	for future defined benefit accrual in our Global E&C Group			-		-		-		20,100
Settlement fee received, net of charges incurred, due to a
	decision not to proceed with a prospective power project
	under development in Italy within our Global E&C Group			-		10,900		-		9,800

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(1)Please refer to “Revenue Recognition on Long-Term Contracts” in Note 1 for further information regarding changes in our final estimated contract profit.

(2)The changes in final estimated contract profit revisions during the nine months ended September 30, 2011 included the impact of two out-of-period corrections for reductions of final estimated profit totaling $7,800, which included final estimated profit reductions in our Global E&C Group and our Global Power Group of $3,200 and $4,600, respectively. The corrections were recorded in the first quarter of 2011 and are included in the nine months ended September 30, 2011 as they were not material to previously issued financial statements, nor are they expected to be material to the full year 2011 financial statements.

(3)Please refer to Note 12 for further information regarding the revaluation of our asbestos liability and related asset.