Joint Ventures and Variable Interest Entities (Tables)

3 Months Ended

Dec. 31, 2021

Joint Ventures and Variable Interest Entities

Summary of financial information of the consolidated joint ventures

	December 31,
	2021		September 30,
	(unaudited)		2021
	(in millions)
Current assets	$	486.0	$	503.9
Non-current assets		74.4		74.8
Total assets	$	560.4	$	578.7
Current liabilities	$	382.6	$	400.3
Non-current liabilities		1.5		1.5
Total liabilities		384.1		401.8
Total AECOM equity		69.3		74.0
Noncontrolling interests		107.0		102.9
Total owners’ equity		176.3		176.9
Total liabilities and owners’ equity	$	560.4	$	578.7

Summary of financial information of the unconsolidated joint ventures, as derived from their unaudited financial statements

	December 31,		September 30,
	2021		2021
	(in millions)
Current assets	$	1,310.5	$	1,323.2
Non-current assets		1,102.0		1,001.6
Total assets	$	2,412.5	$	2,324.8
Current liabilities	$	832.5	$	845.8
Non-current liabilities		539.0		537.2
Total liabilities		1,371.5		1,383.0
Joint ventures’ equity		1,041.0		941.8
Total liabilities and joint ventures’ equity	$	2,412.5	$	2,324.8
AECOM’s investment in unconsolidated joint ventures	$	327.5	$	328.9

	Three Months Ended
	December 31,		December 31,
	2021		2020
	(in millions)
Revenue	$	416.6	$	584.3
Cost of revenue		397.7		557.5
Gross profit	$	18.9	$	26.8
Net income	$	17.3	$	25.4

Summary of AECOM's equity in earnings of unconsolidated joint ventures

	Three Months Ended
	December 31,		December 31,
	2021		2020
	(in millions)
Pass-through joint ventures	$	6.8	$	4.4
Other joint ventures		1.1		3.8
Total	$	7.9	$	8.2