Fluor Corporation
(NYSE:FLR)

Fluor Corporation provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide. It operates through six segments: Energy & Chemicals; Mining & Industrial; Infrastructure & Power; Government; Div...

Website: http://www.fluor.com

Founded: 1912

Full Time Employees: 50,182

Sector: Industrials

Industry: Engineering & Construction

Industrials

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Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30	2009-03-31

revenue		3,368,000,000	3,978,000,000	3,982,000,000		4,094,000,000	4,227,000,000	3,734,000,000		3,963,000,000	3,939,000,000	3,752,000,000		3,612,000,000	3,299,000,000	3,122,000,000		3,103,085,000	3,236,407,000	2,938,526,000	3,655,718,000	3,803,210,000	4,090,993,000	4,118,556,000
yoy		-17.73%	-5.89%	6.64%		3.31%	7.31%	-0.48%		9.72%	19.40%	20.18%		16.40%	1.93%	6.24%		-18.41%	-20.89%	-28.65%
qoq		-15.33%	-0.10%			-3.15%	13.20%			0.61%	4.98%			9.49%	5.67%			-4.12%	10.14%	-19.62%	-3.88%	-7.03%	-0.67%
cost of revenue		-3,817,000,000	-3,922,000,000	-3,842,000,000		-4,006,000,000	-4,049,000,000	-3,635,000,000		-3,712,000,000	-3,741,000,000	-3,790,000,000		-3,627,000,000	-3,184,000,000	-2,999,000,000		2,996,602,000	3,176,942,000	2,845,750,000	3,533,002,000	3,669,535,000	4,023,530,000	4,057,159,000																																5,108,144,000	4,975,649,000
gross profit		-449,000,000	56,000,000	140,000,000		88,000,000	178,000,000	99,000,000		251,000,000	198,000,000	-38,000,000		-15,000,000	115,000,000	123,000,000		106,483,000	59,465,000	92,776,000
yoy		-610.23%	-68.54%	41.41%		-64.94%	-10.10%	-360.53%		-1773.33%	72.17%	-130.89%		-114.09%	93.39%	32.58%
qoq		-901.79%	-60.00%			-50.56%	79.80%			26.77%	-621.05%			-113.04%	-6.50%			79.07%	-35.90%
gross margin %	NaN%	-13.33%	1.41%	3.52%	NaN%	2.15%	4.21%	2.65%	NaN%	6.33%	5.03%	-1.01%	NaN%	-0.42%	3.49%	3.94%	NaN%	3.43%	1.84%	3.16%	0%	0%	0%	0%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
g&a		-43,000,000	-52,000,000	-36,000,000		-37,000,000	-50,000,000	-59,000,000		-56,000,000	-60,000,000	-62,000,000		-30,000,000	-45,000,000	-71,000,000		-42,371,000
foreign currency gain		-4,000,000	-30,000,000	-13,000,000		-2,000,000	48,000,000	12,000,000		23,000,000	-44,000,000			34,000,000	36,000,000	-19,000,000		37,453,000	-30,386,000	-11,270,000
operating profit		-496,000,000	-26,000,000	91,000,000		49,000,000	176,000,000	52,000,000		218,000,000	94,000,000	-141,000,000		-11,000,000	106,000,000	96,000,000		101,565,000	-2,395,000	-10,480,000
yoy		-1112.24%	-114.77%	75.00%		-77.52%	87.23%	-136.88%		-2081.82%	-11.32%	-246.88%		-110.83%	-4525.89%	-1016.03%
qoq		1807.69%	-128.57%			-72.16%	238.46%			131.91%	-166.67%			-110.38%	10.42%			-4340.71%	-77.15%
operating margin %	NaN%	-14.73%	-0.65%	2.29%	NaN%	1.20%	4.16%	1.39%	NaN%	5.50%	2.39%	-3.76%	NaN%	-0.30%	3.21%	3.07%	NaN%	3.27%	-0.07%	-0.36%	0%	0%	0%	0%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
interest expense		-11,000,000	-9,000,000	-12,000,000		-11,000,000	-11,000,000	-13,000,000		-14,000,000	-16,000,000	-16,000,000		-14,000,000	-13,000,000	-16,000,000		-35,579,000	-15,217,000	-20,724,000	19,103,000	17,603,000	17,091,000	18,323,000	17,614,000	18,984,000	18,877,000	18,637,000	19,045,000	24,238,000	16,784,000	17,112,000	16,955,000	16,473,000	17,563,000	17,377,000	18,719,000	14,645,000	10,170,000	11,401,000	12,168,000	5,979,000	7,445,000	6,897,000	6,448,000	6,955,000	6,890,000	6,610,000	6,881,000	2,027,000	3,558,000	2,549,000	2,183,000	2,304,000	3,172,000	2,585,000	2,488,000	2,583,000
interest income		24,000,000	26,000,000	29,000,000		48,000,000	49,000,000	52,000,000		56,000,000	53,000,000	57,000,000		28,000,000	12,000,000	7,000,000		4,209,000	4,409,000	3,649,000	-4,097,000	-4,243,000	-5,302,000	-12,052,000	-13,677,000	-13,965,000	-14,913,000	-12,976,000
earnings before taxes		-483,000,000	-9,000,000	108,000,000		86,000,000	214,000,000	91,000,000		260,000,000	131,000,000	-100,000,000															-714,978,000	-32,393,000	160,664,000	146,508,000					93,425,000		181,402,000	189,220,000			248,878,000			271,468,000	298,706,000	306,333,000	264,502,000	288,181,000	240,800,000		281,192,000	241,078,000	24,879,000	259,141,000	233,088,000	265,862,000	278,250,000	328,500,000
income tax benefit		177,000,000		53,000,000										-27,000,000	-32,000,000	-31,000,000
net earnings before equity method earnings		-306,000,000	-774,000,000	161,000,000
equity method earnings		-401,000,000	3,212,000,000	-393,000,000
net earnings		-707,000,000	2,438,000,000	-232,000,000		25,000,000	153,000,000	40,000,000		181,000,000	68,000,000	-130,000,000								-53,912,000	-115,719,000	23,640,000	-18,262,000	-256,450,000	-186,791,000	-729,539,000	-593,486,000	-43,308,000	77,830,000	96,025,000	131,164,000		112,889,000		77,354,000	17,406,000	120,054,000	119,011,000	181,736,000	160,744,000	165,604,000	114,890,000	109,980,000	193,310,000	207,340,000	213,256,000	172,338,000	192,521,000	177,175,000	161,589,000	191,459,000	161,213,000		178,417,000	153,672,000	174,004,000	176,339,000	221,287,000
yoy		-2928.00%	1493.46%	-680.00%		-86.19%	125.00%	-130.77%												-78.98%	-38.05%	-103.24%	-96.92%	492.15%	-340.00%	-859.74%	-552.48%		-31.06%		69.56%		-5.97%		-57.44%	-89.17%	-27.51%	3.59%	65.24%	-16.85%	-20.13%	-46.13%	-36.18%	0.41%	17.03%	31.97%	-9.99%	19.42%		-9.43%	24.59%	-7.35%		-19.37%
qoq		-129.00%	-1150.86%			-83.66%	282.50%			166.18%	-152.31%									-53.41%	-589.51%	-229.45%	-92.88%	37.29%	-74.40%	22.92%	1270.38%	-155.64%	-18.95%	-26.79%					344.41%	-85.50%	0.88%	-34.51%	13.06%	-2.93%	44.14%	4.46%	-43.11%	-6.77%	-2.77%	23.74%	-10.48%	8.66%	9.65%	-15.60%	18.76%			16.10%	-11.68%	-1.32%	-20.31%
net income margin %	NaN%	-20.99%	61.29%	-5.83%	NaN%	0.61%	3.62%	1.07%	NaN%	4.57%	1.73%	-3.46%	NaN%	0%	0%	0%	NaN%	0%	0%	-1.83%	-3.17%	0.62%	-0.45%	-6.23%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	NaN%	Infinity%	NaN%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	NaN%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%
less: net earnings attributable to nci		-10,000,000	-22,000,000	9,000,000		-29,000,000	-16,000,000	-19,000,000		-25,000,000	7,000,000	-23,000,000
net earnings attributable to fluor		-697,000,000	2,460,000,000	-241,000,000		54,000,000	169,000,000	59,000,000		206,000,000	61,000,000	-107,000,000		22,000,000	66,000,000	48,000,000		40,469,000	-114,445,000	-87,024,000
basic eps		-4,300,000	14,930,000	-1,420,000
diluted eps		-4,300,000	14,810,000	-1,420,000
income tax expense			-765,000,000			-61,000,000	-61,000,000	-51,000,000		-79,000,000	-63,000,000	-30,000,000						26,973,000	1,228,000	598,000	25,535,000	28,804,000	31,085,000	-66,831,000	92,072,250	490,077,000	-121,492,000	10,915,000	82,834,000	50,483,000	52,471,000	3,006,000	52,495,000		16,071,000		61,348,000	70,209,000	91,417,000	78,105,000	83,274,000	114,635,000	90,126,000	78,158,000	91,366,000	93,077,000	92,164,000	95,660,000	63,625,000	69,348,000	89,733,000	79,865,000	54,967,000	80,724,000	79,416,000	91,858,000	101,911,000	107,213,000
less: dividends on cps										10,000,000	10,000,000	10,000,000		10,000,000	10,000,000	10,000,000		9,750,000
less: make-whole payment on conversion of cps										27,000,000
net earnings available to fluor common stockholders						54,000,000	169,000,000	59,000,000		169,000,000	51,000,000	-117,000,000		12,000,000	56,000,000	38,000,000		30,719,000	-119,320,000
basic eps available to fluor common stockholders						320,000	990,000	350,000		1,180,000	360,000	-820,000
diluted eps available to fluor common stockholders						310,000	970,000	340,000		1,150,000	350,000	-820,000
impairment																63,000,000
foreign currency loss												-41,000,000
earnings from cont ops before taxes														3,000,000	105,000,000	87,000,000		70,195,000	-13,203,000	-27,555,000	-41,734,000	52,230,000	10,879,000
net earnings from cont ops														-24,000,000	73,000,000	56,000,000		43,222,000	-14,431,000	-28,153,000	-67,269,000	23,426,000	-20,206,000
less: net earnings from cont ops attributable to nci														-46,000,000	7,000,000	8,000,000		-3,508,000	-7,763,000
net earnings from cont ops attributable to fluor														22,000,000	66,000,000	48,000,000		46,730,000	-6,668,000
net earnings from disc ops attributable to fluor																		-6,261,000	-107,777,000
net earnings from disc ops																		-40	-760	-25,759,000	-48,450,000	214,000	1,944,000
impairment, restructuring and other exit costs																				-26,392,000	2,928,000		5,058,000	297,604,000	144,573,000	333,988,000
general and administrative expense																			-31,474,000
less: dividends on convertible preferred stock																			4,875,000
corporate general and administrative expense																				-65,594,000	146,922,000	68,085,000	39,737,000	-14,052,000	43,663,000	10,362,000	53,356,000	61,051,000	8,173,000	64,738,000	17,776,000	57,271,000	45,973,000	47,315,000	45,048,000	27,144,000	52,640,000	55,113,000	35,165,000	47,785,000	41,110,000	35,131,000	56,711,000	37,773,000	31,918,000	32,602,000	40,884,000	31,206,000	37,842,000	37,258,000	31,106,000	33,825,000	39,563,000	27,827,000	30,908,000
less: net earnings attributable to nci from cont ops																				32,819,000	47,719,000	4,299,000	6,728,000
net earnings attributable to fluor from cont ops																				-60,972,000
less: net earnings attributable to nci from disc ops																				293,000
net earnings attributable to fluor from disc ops																				-26,052,000
basic earnings per share attributable to fluor
diluted earnings per share attributable to fluor
other (income) and expenses
total cost and expenses																					3,697,452,000	3,750,980,000	4,080,114,000	4,346,982,000	3,927,663,000	4,218,975,000	4,809,354,000	4,225,140,000	4,640,413,000	4,511,448,000	4,700,161,000	4,832,825,000	4,776,250,000	4,740,041,000	4,742,480,000	4,769,515,000	4,674,715,000	4,234,669,000	4,106,402,000	4,571,257,000	4,299,771,000	5,096,697,000	4,966,375,000	5,113,168,000	6,891,622,000	6,879,291,000	6,871,554,000	6,840,068,000	6,049,308,000	5,806,676,000	5,752,684,000	4,816,698,000	5,486,609,000	4,892,980,000	4,685,767,000	5,154,626,000	5,014,304,000	5,469,389,000
net earnings attributable to fluor corporation from cont ops																					-114,988,000	19,127,000	-26,934,000
net earnings attributable to fluor corporation from disc ops																					-48,450,000	214,000	1,944,000
net earnings attributable to fluor corporation																					-163,438,000	19,341,000	-24,990,000	-265,959,000	-166,946,000	-741,984,000	-554,808,000	-58,426,000	50,246,000	77,345,000	114,832,000	-17,590,000	94,463,000	-24,025,000	60,611,000	4,804,000	101,813,000	104,323,000	171,283,000	148,507,000	144,079,000	69,502,000	77,790,000	149,074,000	161,412,000	166,458,000	144,583,000	161,190,000	154,882,000	135,362,000	165,499,000	139,711,000	-53,636,000	157,375,000	136,635,000	162,096,000	169,270,000	204,799,000
basic earnings per share attributable to fluor corporation
diluted earnings per share attributable to fluor corporation
earnings from continuing operations before taxes																								-228,426,000	-201,846,000	-281,268,000													278,210,000	238,849,000		343,384,000	285,289,000
net earnings from continuing operations																								-161,595,000	-274,539,000	-771,345,000
net earnings from discontinued operations																								-94,855,000	87,748,000	41,806,000
less: net earnings attributable to nci from continuing operations																								9,509,000
net earnings attributable to fluor corporation from continuing operations																								-171,104,000	-252,007,000	-781,605,000
less: net earnings attributable to nci from discontinued operations
net earnings attributable to fluor corporation from discontinued operations																								-94,855,000	85,061,000	39,621,000
amounts attributable to fluor corporation
total revenue																									2,655,550,250	3,937,707,000	4,094,376,000	4,192,747,000	4,801,077,000	4,657,956,000	4,883,796,000	4,823,770,000	4,941,634,000	4,716,092,000	4,835,905,000	4,766,864,000	4,856,117,000	4,423,889,000	4,384,612,000	4,810,106,000	4,548,649,000	5,440,081,000	5,251,664,000	5,384,636,000	7,190,328,000	7,185,624,000	7,136,056,000	7,128,249,000	6,290,108,000	6,037,613,000	6,033,876,000	5,057,776,000	5,511,488,000	5,152,121,000	4,918,855,000	5,420,488,000	5,292,554,000	5,797,889,000
total cost of revenue																									2,794,451,750	3,869,606,000	4,706,302,000	4,131,060,000	4,624,891,000	4,432,165,000	4,673,644,000	4,765,975,000	4,720,071,000	4,684,116,000	4,685,904,000	4,729,637,000	4,607,868,000	4,168,067,000	4,133,819,000	4,516,125,000	4,251,189,000	5,059,960,000	4,906,352,000	5,072,304,000	6,857,472,000	6,843,750,000	6,829,781,000	6,809,783,000	6,014,210,000	5,775,527,000	5,727,032,000	4,787,543,000	5,449,681,000	4,868,354,000	4,658,297,000			5,448,616,000
less: net earnings attributable to noncontrolling interests from continuing operations																									-4,729,500	10,260,000
less: net earnings attributable to noncontrolling interests from discontinued operations																									1,950,750	2,185,000
shares used to calculate earnings per share
basic																									35,006.75	140,163	140,141	139,776	-76	140,713	140,654	140,099	139,887	139,818	139,443	139,250	139,226	138,950	144,293	146,261	147,731	157,332	158,465	160,213	162,797	162,408	166,660	168,264	168,852	171,576	173,425	175,819	178,248	178,214	178,163	178,859	179,054	180,317
diluted																									35,006.75	140,163	140,141	139,776	-94	141,549	141,306	140,099	140,830	139,818	140,958	140,924	140,801	140,865	146,085	147,921	149,915	159,456	160,454	162,360	164,135	163,991	167,968	169,440	170,406		175,257	179,022		180,688	180,769	181,124	181,198	181,204
dividends declared per share																									0.158	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.16	0.16	0.16	0.16	0.16	0.125	0.125	0.125	0.125	0.125	0.125	0.125	0.125
restructuring and other exit costs																											45,732,000	27,368,000
less: net earnings attributable to noncontrolling interests																											-38,678,000	15,118,000	27,584,000	18,680,000	16,332,000	5,529,000	18,426,000	17,393,000	16,743,000	12,602,000	18,241,000	14,688,000	10,453,000	12,237,000	21,525,000	45,388,000	32,190,000	44,236,000	45,928,000	46,798,000	27,755,000	31,331,000
basic earnings per share																											-3.96	-0.42	0.36	0.55	0.82	-0.13	0.68	-0.17	0.43		0.73	0.75			0.98			0.93	0.99	1.02	0.87	0.96	0.92
diluted earnings per share																											-3.96	-0.42	0.36	0.55	0.81	-0.13	0.67	-0.17	0.43		0.72	0.74			0.96			0.92	0.98	1.02	0.86	0.95	0.91
earnings (loss) before taxes																															183,635,000		165,384,000
gain related to a partial sale of a subsidiary
earnings (loss) from continuing operations before taxes
earnings from continuing operations																																				17,406,000			186,793,000	160,744,000		228,749,000	195,163,000
loss from discontinued operations, net of taxes
income from discontinued operations, net of taxes
net earnings attributable to noncontrolling interests
earnings before income taxes																																																		230,937,000
earnings per share
basic																																																		0.79	0.95	0.79	-0.3	0.88	0.77	0.9	0.94	1.13
diluted*																																																		0.78			-0.3
shares used to calculate earnings per share
basic																									35,006.75	140,163	140,141	139,776	-76	140,713	140,654	140,099	139,887	139,818	139,443	139,250	139,226	138,950	144,293	146,261	147,731	157,332	158,465	160,213	162,797	162,408	166,660	168,264	168,852	171,576	173,425	175,819	178,248	178,214	178,163	178,859	179,054	180,317
earnings per share
basic																																																		0.79	0.95	0.79	-0.3	0.88	0.77	0.9	0.94	1.13
diluted																																																			0.94	0.78		0.87	0.76	0.89	0.93	1.12
gain on sale of joint venture interest
corporate administrative and general expense																																																								49,622,000	42,003,000	25,415,000
earnings per share*
basic																																																		0.79	0.95	0.79	-0.3	0.88	0.77	0.9	0.94	1.13
diluted																																																			0.94	0.78		0.87	0.76	0.89	0.93	1.12
shares used to calculate earnings per share*
basic																									35,006.75	140,163	140,141	139,776	-76	140,713	140,654	140,099	139,887	139,818	139,443	139,250	139,226	138,950	144,293	146,261	147,731	157,332	158,465	160,213	162,797	162,408	166,660	168,264	168,852	171,576	173,425	175,819	178,248	178,214	178,163	178,859	179,054	180,317
diluted																									35,006.75	140,163	140,141	139,776	-94	141,549	141,306	140,099	140,830	139,818	140,958	140,924	140,801	140,865	146,085	147,921	149,915	159,456	160,454	162,360	164,135	163,991	167,968	169,440	170,406		175,257	179,022		180,688	180,769	181,124	181,198	181,204
dividends declared per share*																																																										0.125

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30	2009-03-31

assets
current assets
cash and cash equivalents	2,135,000,000	2,776,000,000	2,172,000,000	2,433,000,000	2,829,000,000	2,912,000,000	2,629,000,000	2,335,000,000	2,519,000,000	2,421,000,000	2,262,000,000	2,137,000,000	2,439,000,000	2,436,000,000	2,074,000,000	1,913,000,000	2,209,382,000	2,125,515,000	2,711,115,000	1,937,800,000	2,198,781,000	2,093,782,000	1,969,593,000	1,870,874,000	1,997,199,000	1,805,104,000	1,857,285,000	1,805,777,000	1,764,746,000	1,679,796,000	1,681,960,000	1,685,954,000	1,827,029,000	1,819,799,000	1,967,581,000	1,780,374,000	1,627,054,000	1,697,491,000	1,781,399,000	1,723,760,000	1,811,293,000	1,900,197,000	2,182,809,000	2,142,058,000	2,105,076,000	2,014,800,000	2,151,026,000	1,803,569,000	1,922,286,000	2,386,289,000	1,945,965,000	2,191,665,000	1,977,145,000	1,437,118,000	1,608,989,000	1,328,017,000	1,181,894,000	1,470,326,000
marketable securities	59,000,000	53,000,000	99,000,000	78,000,000	130,000,000	94,000,000	79,000,000	74,000,000	69,000,000	64,000,000	60,000,000	174,000,000	185,000,000	155,000,000	120,000,000	203,000,000	127,222,000	67,164,000	31,651,000	18,698,000	23,345,000	17,514,000	12,711,000	6,477,000	7,262,000	47,873,000	73,098,000																													691,748,000	927,091,000	577,057,000
accounts receivable	1,073,000,000	1,083,000,000	1,081,000,000	918,000,000	921,000,000	1,049,000,000	1,021,000,000	1,099,000,000	1,137,000,000	1,174,000,000	1,163,000,000	1,088,000,000	1,109,000,000	1,007,000,000	993,000,000	998,000,000	901,228,000	838,425,000	892,261,000
contract assets	1,146,000,000	1,434,000,000	1,489,000,000	1,310,000,000	1,138,000,000	1,063,000,000	976,000,000	1,002,000,000	991,000,000	1,063,000,000	1,032,000,000	1,063,000,000	915,000,000	1,012,000,000	1,047,000,000	1,011,000,000	931,685,000	1,012,109,000	994,890,000	1,007,283,000	967,827,000	1,132,976,000	1,069,507,000	1,310,686,000	882,030,000	996,716,000	1,233,993,000	1,588,034,000	1,544,981,000	1,464,370,000	1,586,653,000	1,557,966,000
investment in nuscale	1,579,000,000
other current assets	450,000,000	126,000,000	186,000,000	172,000,000	157,000,000	147,000,000	312,000,000	401,000,000	347,000,000	338,000,000	361,000,000	375,000,000	396,000,000	381,000,000	408,000,000	432,000,000	538,270,000	389,519,000	400,369,000	385,359,000	424,849,000	386,751,000	459,979,000	477,013,000	359,371,000	345,653,000	502,408,000	369,589,000	381,999,000	472,856,000	529,596,000	580,865,000	650,059,000	689,991,000	482,117,000	536,255,000	426,390,000	435,216,000	305,790,000	337,221,000	359,010,000	337,712,000	286,653,000	280,602,000	307,531,000	330,686,000	205,769,000	279,735,000	266,410,000	269,167,000	281,552,000	321,348,000	296,250,000	305,776,000	304,164,000	214,271,000	296,262,000	262,966,000
total current assets	6,442,000,000	5,472,000,000	5,027,000,000	4,911,000,000	5,175,000,000	5,265,000,000	5,017,000,000	4,911,000,000	5,063,000,000	5,060,000,000	4,878,000,000	4,837,000,000	5,044,000,000	4,991,000,000	4,642,000,000	4,557,000,000	5,562,642,000	5,281,385,000	5,926,159,000	5,169,537,000	5,034,009,000	5,010,399,000	5,027,386,000	5,129,489,000	5,516,272,000	5,322,888,000	5,157,552,000	5,242,608,000	5,440,893,000	5,584,161,000	5,455,836,000	5,694,762,000	5,514,894,000	5,613,818,000	5,560,338,000	5,741,578,000	5,651,240,000	5,402,869,000	5,229,758,000	5,202,717,000	5,379,253,000	5,659,480,000	6,004,845,000	5,614,751,000	6,186,539,000	6,260,805,000	6,518,107,000	6,171,173,000	6,164,929,000	6,049,361,000	5,592,494,000	5,450,396,000	5,564,114,000	5,201,409,000	5,252,447,000	4,910,972,000	4,907,979,000	4,958,845,000
noncurrent assets
pp&e	464,000,000	479,000,000	484,000,000	480,000,000	494,000,000	504,000,000			458,000,000			434,000,000	447,000,000			501,000,000	386,589,000	425,633,000
investments	543,000,000	4,822,000,000	5,616,000,000	2,376,000,000	2,828,000,000	612,000,000	614,000,000	632,000,000	614,000,000	751,000,000	667,000,000	612,000,000	584,000,000	612,000,000	560,000,000	543,000,000	513,909,000	718,555,000	597,574,000	520,995,000	532,065,000	558,690,000	528,251,000	523,757,000	574,421,000	626,043,000	893,969,000	937,456,000	938,490,000	859,216,000	905,050,000	898,724,000	847,055,000	779,534,000	772,968,000	745,688,000	748,455,000
other assets	787,000,000	695,000,000	661,000,000	656,000,000	196,000,000	252,000,000	262,000,000	269,000,000	340,000,000	314,000,000	298,000,000	281,000,000	278,000,000	288,000,000	302,000,000	318,000,000	228,723,000	253,313,000	258,568,000	271,657,000	405,054,000	420,592,000	416,399,000	429,483,000	478,616,000	494,145,000	622,922,000	622,012,000		335,090,000	369,835,000	371,135,000	377,213,000	372,623,000	381,260,000	382,774,000	383,253,000	209,096,000	214,392,000	217,712,000	205,794,000
total noncurrent assets	1,794,000,000	5,996,000,000	6,761,000,000	3,512,000,000	3,968,000,000	1,835,000,000	1,794,000,000	1,789,000,000	1,910,000,000	2,103,000,000	1,878,000,000	1,793,000,000	1,783,000,000	1,879,000,000	1,883,000,000	1,935,000,000	1,716,921,000	1,976,698,000	1,930,318,000	1,851,378,000	2,275,803,000	2,261,251,000	2,213,388,000	2,162,980,000	2,450,386,000
total assets	8,236,000,000	11,468,000,000	11,788,000,000	8,423,000,000	9,143,000,000	7,100,000,000	6,811,000,000	6,700,000,000	6,973,000,000	7,163,000,000	6,756,000,000	6,630,000,000	6,827,000,000	6,870,000,000	6,525,000,000	6,492,000,000	7,279,563,000	7,258,083,000	7,856,477,000	7,020,915,000	7,309,812,000	7,271,650,000	7,240,774,000	7,292,469,000	7,966,658,000	7,883,707,000	8,973,874,000	9,041,714,000	8,913,637,000	9,147,976,000	9,119,217,000	9,425,226,000	9,193,527,000	9,221,808,000	9,160,335,000	9,316,606,000	9,241,467,000	9,001,727,000	7,599,361,000	7,560,373,000	7,619,196,000	8,048,705,000	8,398,951,000	7,991,937,000	8,367,597,000	8,463,034,000	8,769,440,000	8,392,136,000	8,521,177,000	8,189,819,000	7,669,039,000	7,550,208,000	7,692,410,000
liabilities and equity
current liabilities
accounts payable	1,482,000,000	1,502,000,000	1,439,000,000	1,323,000,000	1,220,000,000	1,195,000,000	1,112,000,000	1,248,000,000	1,214,000,000	1,197,000,000	1,155,000,000	1,068,000,000	1,017,000,000	1,071,000,000	1,020,000,000	1,002,000,000	1,098,550,000	1,117,493,000	1,087,404,000	1,102,174,000	1,232,236,000	1,338,153,000	1,428,785,000	1,443,280,000	1,357,749,000
contract liabilities	633,000,000	1,396,000,000	683,000,000	580,000,000	684,000,000	684,000,000	696,000,000	652,000,000	639,000,000	661,000,000	679,000,000	765,000,000	742,000,000	769,000,000	719,000,000	805,000,000	890,698,000	1,071,812,000	1,149,532,000	1,035,932,000	1,141,415,000	1,062,342,000	1,015,385,000	1,138,019,000	1,120,237,000	1,095,890,000	1,434,529,000	868,950,000				1,193,465,000
accrued salaries, wages and benefits	621,000,000	618,000,000	602,000,000	516,000,000	640,000,000	608,000,000	573,000,000	529,000,000	653,000,000	611,000,000	575,000,000	574,000,000	626,000,000	567,000,000	564,000,000	580,000,000	566,943,000	513,710,000	515,407,000	506,654,000	637,563,000	609,878,000	570,416,000	586,807,000	541,024,000	579,592,000	600,069,000	659,578,000	649,486,000	683,743,000	621,509,000	724,798,000	714,895,000	642,069,000	712,581,000	755,027,000	731,393,000	766,272,000	700,659,000	688,219,000	697,174,000	667,705,000	683,950,000	664,432,000	747,675,000	725,596,000	665,948,000	641,464,000	572,815,000	570,911,000	595,701,000	580,118,000	587,308,000	554,669,000	562,412,000	577,171,000	558,968,000	568,983,000
other accrued liabilities	642,000,000	268,000,000	378,000,000	400,000,000	527,000,000	495,000,000	456,000,000	518,000,000	657,000,000	653,000,000	764,000,000	743,000,000	679,000,000	637,000,000	642,000,000	594,000,000	650,295,000	380,332,000	405,175,000	296,357,000	490,104,000	454,206,000	475,113,000	425,897,000	452,586,000	419,352,000	435,350,000	419,965,000	381,301,000	409,333,000	412,760,000	410,292,000	423,434,000	443,312,000	526,226,000	628,146,000	430,701,000	381,581,000	261,515,000	264,140,000	256,814,000	583,009,000	435,009,000	266,426,000	283,129,000	277,826,000	357,980,000	292,061,000	274,628,000	321,230,000	298,993,000	259,869,000	527,777,000	330,026,000	323,993,000	395,171,000	357,456,000	379,145,000
total current liabilities	3,378,000,000	3,784,000,000	3,102,000,000	2,819,000,000	3,071,000,000	2,982,000,000	2,837,000,000	2,947,000,000	3,163,000,000	3,140,000,000	3,190,000,000	3,166,000,000	3,216,000,000	3,211,000,000	3,126,000,000	3,195,000,000	3,904,060,000	3,624,895,000	3,735,032,000	3,441,345,000	3,572,037,000	3,544,613,000	3,605,079,000	3,710,546,000	3,932,061,000	3,850,371,000	4,057,696,000	3,527,893,000	3,552,513,000	3,662,103,000	3,751,647,000	4,078,306,000	3,543,574,000	3,733,271,000	3,676,369,000	3,876,197,000	3,780,030,000	3,589,930,000	2,861,801,000	2,742,549,000	2,819,696,000	3,303,277,000	3,570,758,000	3,144,763,000	3,692,543,000	3,920,737,000	3,947,057,000	3,743,941,000	3,904,097,000	3,795,912,000	3,541,369,000	3,533,936,000	3,598,178,000	3,182,098,000	3,256,636,000	3,328,853,000	3,290,307,000	3,219,110,000
long-term debt	1,070,000,000	1,070,000,000	1,070,000,000	1,087,000,000	1,104,000,000	1,116,000,000	1,136,000,000	1,149,000,000	1,158,000,000	1,425,000,000	979,000,000	978,000,000	978,000,000	980,000,000	980,000,000	982,000,000	1,167,366,000	1,170,544,000	1,678,740,000	1,678,496,000	1,710,033,000	1,677,162,000	1,654,831,000	1,647,173,000	1,651,739,000													1,572,001,000
deferred taxes	6,000,000	898,000,000	1,160,000,000	412,000,000	30,000,000	38,000,000	31,000,000	34,000,000	51,000,000	50,000,000	34,000,000	34,000,000	34,000,000	50,000,000	58,000,000	55,000,000	51,082,000	50,826,000	92,191,000	81,376,000	77,915,000	69,008,000	68,225,000	55,521,000	62,688,000	70,537,000	513,306,000	363,872,000	342,126,000	425,313,000	426,671,000	435,675,000	294,382,000	335,480,000	361,492,000	314,939,000	339,206,000	362,699,000	189,914,000	201,895,000	320,147,000	360,265,000	327,709,000	238,763,000	251,374,000	245,727,000	282,077,000	177,343,000	171,792,000	156,386,000	111,223,000	108,383,000	160,307,000	143,841,000	146,112,000	198,808,000	173,087,000	149,076,000
other noncurrent liabilities	505,000,000	489,000,000	478,000,000	455,000,000	508,000,000	581,000,000	496,000,000	488,000,000	530,000,000	503,000,000	536,000,000	495,000,000	564,000,000	586,000,000	556,000,000	600,000,000	574,147,000	555,281,000	579,403,000	578,834,000	683,770,000	672,828,000	675,183,000	645,165,000	715,471,000
contingencies and commitments
equity
shareholders' equity
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 152,047,739 and 169,228,759 shares in 2025 and 2024, respectively	2,000,000
apic	443,000,000	825,000,000	887,000,000	1,031,000,000	1,174,000,000	1,286,000,000	1,262,000,000	1,230,000,000	1,228,000,000	1,212,000,000	1,267,000,000	1,257,000,000	1,254,000,000	1,129,000,000	983,000,000
aoci	-265,000,000	-283,000,000	-279,000,000	-325,000,000	-351,000,000	-298,000,000	-329,000,000	-319,000,000	-269,000,000	-331,000,000	-302,000,000	-319,000,000	-365,000,000	-378,000,000	-355,000,000	-337,000,000	-365,739,000	-441,819,000	-416,663,000	-417,469,000	-416,906,000	-463,316,000	-478,636,000
retained earnings	3,064,000,000	4,642,000,000	5,339,000,000	2,883,000,000	3,124,000,000	1,261,000,000	1,207,000,000	1,038,000,000	979,000,000	1,000,000,000	831,000,000	780,000,000	896,000,000	898,000,000	885,000,000	829,000,000	790,442,000	1,079,403,000	1,048,345,000	1,162,790,000	1,249,809,000	1,413,242,000	1,393,866,000	1,418,845,000	1,700,912,000	1,998,142,000	2,769,804,000	3,354,352,000	3,422,157,000	3,401,528,000	3,353,176,000	3,268,837,000	3,624,554,000	3,559,643,000	3,613,246,000	3,541,253,000	3,566,143,000	3,493,789,000	3,640,054,000	3,630,881,000	3,601,071,000	3,894,404,000	3,924,270,000	3,996,524,000	3,873,124,000	3,737,928,000	3,842,313,000	3,743,262,000	3,704,025,000	3,485,144,000	3,371,112,000	3,227,008,000	3,015,205,000	3,091,348,000	2,956,498,000	2,716,168,000	2,576,599,000	2,429,925,000
total shareholders' equity	3,244,000,000				3,949,000,000				1,940,000,000				1,786,000,000				1,392,453,000				1,030,247,000				1,487,752,000				2,963,181,000
nci	33,000,000	41,000,000	29,000,000	59,000,000	43,000,000	90,000,000	101,000,000	93,000,000	112,000,000	139,000,000	173,000,000	188,000,000	210,000,000	273,000,000	180,000,000	176,000,000	174,228,000	246,127,000	255,845,000	261,003,000	232,980,000	177,738,000	139,172,000	118,520,000	96,340,000
total equity	3,277,000,000	5,227,000,000	5,978,000,000	3,650,000,000	3,992,000,000	2,341,000,000	2,243,000,000	2,044,000,000	2,052,000,000	2,022,000,000	1,970,000,000	1,907,000,000	1,996,000,000	1,923,000,000	1,694,000,000	1,645,000,000	1,566,681,000	1,843,654,000	1,771,394,000	1,244,657,000	1,263,227,000	1,306,684,000	1,230,894,000	1,210,165,000	1,584,092,000	1,683,930,000	2,497,489,000	3,115,925,000	3,118,050,000	3,199,929,000	3,184,840,000	3,129,307,000	3,433,893,000	3,311,135,000	3,346,051,000	3,254,608,000	3,283,634,000	3,220,834,000	3,175,942,000	3,221,602,000	3,201,256,000	3,709,678,000	3,789,044,000	3,834,434,000	3,739,832,000	3,604,906,000	3,771,343,000	3,638,472,000	3,612,423,000	3,365,651,000	3,553,583,000	3,448,658,000	3,553,228,000	3,561,064,000	3,443,255,000	3,167,027,000	3,060,043,000	2,857,947,000
total liabilities and equity	8,236,000,000	11,468,000,000	11,788,000,000	8,423,000,000	9,143,000,000	7,100,000,000	6,811,000,000	6,700,000,000	6,973,000,000	7,163,000,000	6,756,000,000	6,630,000,000	6,827,000,000	6,870,000,000	6,525,000,000	6,492,000,000	7,279,563,000	7,258,083,000	7,856,477,000	7,020,915,000	7,309,812,000	7,271,650,000	7,240,774,000	7,292,469,000	7,966,658,000	7,883,707,000	8,973,874,000	9,041,714,000	8,913,637,000	9,147,976,000	9,119,217,000	9,425,226,000	9,193,527,000	9,221,808,000	9,160,335,000	9,316,606,000	9,241,467,000	9,001,727,000	7,599,361,000	7,560,373,000	7,619,196,000	8,048,705,000	8,398,951,000	7,991,937,000	8,367,597,000	8,463,034,000	8,769,440,000	8,392,136,000	8,521,177,000	8,189,819,000	7,669,039,000	7,550,208,000	7,692,410,000
commitments and contingencies
shareholders’ equity
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 161,169,582 and 169,228,759 shares in 2025 and 2024, respectively		2,000,000
total shareholders’ equity		5,186,000,000	5,949,000,000	3,591,000,000		2,251,000,000	2,142,000,000	1,951,000,000		1,883,000,000	1,797,000,000	1,719,000,000		1,650,000,000	1,514,000,000	1,469,000,000		1,597,527,000	1,515,549,000	983,654,000		1,128,946,000	1,091,722,000	1,091,645,000		1,559,495,000	2,374,237,000	2,952,313,000		3,043,024,000	3,043,355,000	2,996,311,000	3,283,308,000	3,177,686,000	3,220,835,000	3,106,285,000	3,139,548,000	3,088,611,000	3,062,340,000	3,116,605,000	3,068,724,000	3,558,881,000	3,646,548,000	3,690,729,000	3,599,650,000	3,484,966,000	3,679,986,000	3,554,557,000	3,542,112,000	3,295,757,000	3,486,139,000	3,415,566,000	3,519,178,000	3,528,714,000	3,416,197,000	3,119,162,000	2,996,059,000	2,795,191,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 162,423,864 and 169,228,759 shares in 2025 and 2024, respectively			2,000,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 166,159,352 and 169,228,759 shares in 2025 and 2024, respectively				2,000,000
deferred compensation trusts					221,000,000	223,000,000	214,000,000	210,000,000	241,000,000	225,000,000	234,000,000	226,000,000	234,000,000	225,000,000	237,000,000	267,000,000	330,110,000	321,711,000	326,562,000	313,659,000	350,427,000	322,445,000	309,255,000	280,589,000	341,235,000	359,304,000	356,727,000	354,961,000	328,814,000	361,740,000	349,651,000	345,799,000	385,737,000	372,876,000	363,058,000	345,701,000	332,432,000	326,444,000	349,103,000	369,269,000	371,418,000	396,723,000	401,564,000	390,354,000	349,175,000	348,593,000	328,037,000	317,051,000	325,090,000	291,153,000	322,371,000	322,821,000	292,136,000	272,168,000	288,667,000	261,870,000	237,984,000	216,689,000
goodwill					199,000,000	206,000,000	206,000,000	206,000,000	206,000,000	206,000,000	206,000,000	206,000,000	206,000,000	244,000,000	248,000,000	251,000,000	206,508,000	206,660,000	206,987,000	206,958,000	349,258,000	326,892,000	322,652,000	306,482,000	450,386,000	439,576,000	534,401,000	535,051,000	533,585,000	553,294,000	558,308,000	581,298,000	563,440,000	548,849,000	545,400,000	593,161,000	567,264,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 169,228,759 and 170,405,512 shares in 2024 and 2023, respectively					2,000,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 171,326,177 and 170,405,512 shares in 2024 and 2023, respectively						2,000,000
property, plant and equipment							467,000,000	438,000,000		443,000,000	439,000,000			460,000,000	478,000,000				448,436,000	456,733,000	561,084,000	563,624,000	568,606,000	567,148,000	543,040,000	571,214,000	894,997,000	985,754,000		1,029,162,000	1,053,866,000	1,097,833,000	1,080,175,000	1,067,502,000	1,037,461,000	1,042,354,000	1,055,902,000	1,065,264,000	929,888,000	964,409,000	965,935,000	970,605,000	984,578,000	960,064,000	929,275,000	947,058,000	962,222,000	913,196,000	906,200,000	877,164,000	901,186,000	865,352,000	874,555,000	838,179,000	830,755,000	832,034,000	830,971,000	801,885,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 171,281,080 and 170,405,512 shares in 2024 and 2023, respectively							2,000,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 171,209,311 and 170,405,512 shares in 2024 and 2023, respectively								2,000,000
short-term debt and current portion of long-term debt										18,000,000	17,000,000	16,000,000	152,000,000	167,000,000
preferred stock — authorized 20,000,000 shares (0.01 par value); issued and outstanding — 600,000 shares in 2022
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 170,405,512 and 142,322,247 shares in 2023 and 2022, respectively									2,000,000
marketable securities, noncurrent										114,000,000																							130,631,000	131,126,000	138,358,000	150,411,000	163,715,000	152,843,000	239,205,000	242,570,000	254,761,000	334,008,000	333,035,000	322,922,000	298,863,000	319,150,000	310,468,000	318,740,000	422,259,000	293,969,000	265,799,000	309,030,000	309,277,000	323,642,000	292,027,000	340,099,000	216,501,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 170,373,444 and 142,322,247 shares in 2023 and 2022, respectively										2,000,000
preferred stock — authorized 20,000,000 shares (0.01 par value); issued and outstanding — 600,000 shares in 2023 and 2022
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 143,368,344 and 142,322,247 shares in 2023 and 2022, respectively											1,000,000
preferred stock — authorized 20,000,000 shares (0.01 par value); issued and outstanding —600,000 shares in 2023 and 2022
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 143,237,347 and 142,322,247 shares in 2023 and 2022, respectively												1,000,000
preferred stock — authorized 20,000,000 shares (0.01 par value); issued and outstanding — 600,000 shares in 2022 and 2021
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 142,322,247 and 141,434,771 shares in 2022 and 2021, respectively													1,000,000
temporary apic														107,000,000	107,000,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 142,082,682 and 141,434,771 shares in 2022 and 2021, respectively														1,000,000	1,000,000
short-term debt															181,000,000
short-term borrowings																214,000,000	911,000	4,639,000	4,738,000	4,704,000	25,415,000	42,450,000	53,102,000	51,204,000	38,727,000	45,240,000	41,577,000	35,922,000	26,887,000	56,945,000	80,561,000	28,808,000
preferred stock — authorized 20,000,000 shares (0.01 par value); issued and outstanding —600,000 shares in 2022 and 2021
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 142,008,804 and 141,434,771 shares in 2022 and 2021, respectively																1,000,000
additional paid-in capital																976,000,000	966,333,000	958,526,000	882,450,000	236,923,000	195,940,000	177,617,000	175,089,000	170,750,000	165,314,000	111,857,000	113,042,000	94,456,000	82,106,000	122,267,000	111,368,000	99,028,000	77,449,000	67,905,000	58,371,000	29,985,000	21,441,000	10,819,000							27,569,000	10,730,000				7,881,000	240,354,000	340,097,000	695,446,000	683,044,000	668,746,000	684,142,000	727,587,000	721,880,000
current assets held for sale																	854,855,000	848,653,000	895,873,000	958,092,000	237,617,000	296,025,000	368,835,000	366,639,000	1,195,156,000	1,081,793,000
noncurrent assets held for sale
current liabilities related to assets held for sale																	696,663,000	536,909,000	572,776,000	495,524,000	45,304,000	37,584,000	62,278,000	65,339,000	421,738,000
noncurrent liabilities related to assets held for sale
preferred stock — authorized 20,000,000 shares (0.01 par value); issued and outstanding — 600,000 shares in 2021 and none issued in 2020																	6,000	6,000	6,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 141,434,771 and 140,715,205 shares in 2021 and 2020, respectively																	1,411,000
noncurrent liabilities related to assets for sale
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 141,411,916 and 140,715,205 shares in 2021 and 2020, respectively																		1,411,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 141,416,214 and 140,715,205 shares in 2021 and 2020, respectively																			1,411,000
accounts and notes receivable																				862,305,000	1,181,590,000	1,083,351,000	1,146,761,000	1,097,800,000	1,075,254,000	1,045,749,000	1,490,768,000	1,380,475,000	1,534,339,000	1,724,091,000	1,556,503,000	1,727,474,000	1,532,959,000	1,510,881,000	1,592,986,000	1,670,172,000	1,676,241,000	1,496,829,000	1,194,505,000	1,265,879,000	1,256,292,000	1,150,276,000	1,400,452,000	1,122,629,000	1,355,841,000	1,580,539,000	1,215,693,000	1,270,842,000	1,420,646,000	1,344,172,000	1,420,967,000	1,221,143,000	1,092,250,000	1,197,892,000	1,138,132,000	1,168,539,000	1,268,764,000	1,452,748,000
preferred stock — authorized 20,000,000 shares (0.01 par value); none issued
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 141,339,543 and 140,715,205 shares in 2021 and 2020, respectively																				1,410,000
preferred stock — authorized 20,000,000 shares (0.01 par value), none issued
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,715,205 and 140,174,400 shares in 2020 and 2019, respectively																					1,404,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,609,216 and 140,174,400 shares in 2020 and 2019, respectively																						1,403,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,565,020 and 140,174,400 shares in 2020 and 2019, respectively																							1,403,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,533,363 and 140,174,400 shares in 2020 and 2019, respectively																								1,403,000
accumulated oci																								-499,353,000	-379,873,000
common stock — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,174,400 and 139,653,824 shares in 2019 and 2018, respectively																									1,399,000
trade accounts payable																										1,295,954,000	1,546,171,000	1,543,478,000	1,638,891,000	1,619,222,000	1,692,897,000	1,720,943,000	1,398,182,000	1,527,821,000	1,643,925,000	1,642,739,000	1,714,192,000	1,578,073,000	1,247,249,000	1,212,814,000	1,251,950,000	1,457,605,000	1,645,880,000	1,523,735,000	1,900,848,000	2,088,824,000	2,023,426,000	1,896,809,000	1,705,146,000	1,649,471,000	1,468,624,000	1,416,084,000	1,441,347,000	1,335,744,000	1,311,823,000	1,329,190,000	1,243,808,000	1,190,791,000
current liabilities held for sale																										414,343,000
long-term debt due after one year																										1,636,905,000	1,657,246,000	1,650,927,000	1,661,565,000	1,667,359,000	1,575,370,000	1,607,653,000	1,580,974,000	1,560,471,000	1,526,023,000	1,555,522,000	1,547,459,000		992,689,000	992,460,000	992,231,000	496,935,000	496,825,000	496,715,000	496,384,000	496,274,000	524,947,000	513,730,000		513,386,000	17,768,000	17,763,000	17,754,000	17,749,000	17,745,000	17,736,000	17,731,000	139,440,000
noncurrent liabilities																										712,501,000	761,443,000	746,969,000	581,509,000	618,585,000	607,360,000	609,960,000	635,086,000	616,931,000	611,892,000	630,279,000	630,344,000	618,962,000	568,929,000	603,762,000	606,013,000	538,815,000	542,324,000	516,025,000	438,838,000	441,117,000	526,093,000	495,993,000	491,042,000	514,870,000	556,319,000	549,851,000	523,250,000	506,974,000	536,190,000	551,701,000	539,819,000	503,023,000
noncurrent liabilities held for sale
capital stock
preferred — authorized 20,000,000 shares (0.01 par value); none issued
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,174,400 and 139,653,824 shares in 2019 and 2018, respectively																										1,399,000	1,399,000
accumulated other comprehensive loss																										-551,903,000	-510,008,000	-497,894,000	-542,478,000
noncontrolling interests																										124,435,000	123,252,000	163,612,000	154,869,000	156,905,000	141,485,000	132,996,000	150,585,000	133,449,000	125,216,000	148,323,000	144,086,000	132,223,000	113,602,000	104,997,000	132,532,000	150,797,000	142,496,000	143,705,000	140,182,000	119,940,000	91,357,000	83,915,000	70,311,000	69,894,000	67,444,000	33,092,000	34,050,000	32,350,000	27,058,000	47,865,000	63,984,000	62,756,000
marketable securities, current																												98,733,000	214,828,000	243,048,000	101,124,000	142,503,000	178,056,000	193,927,000	74,942,000	130,821,000	125,086,000	167,130,000	245,752,000	166,082,000	145,568,000	167,323,000	159,702,000	183,509,000	192,188,000	160,442,000	378,331,000	427,050,000	306,138,000	79,146,000	276,962,000	154,102,000	189,542,000	324,089,000	359,245,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,108,765 and 139,653,824 shares in 2019 and 2018, respectively																												1,399,000
land																													81,566,000
buildings and improvements																													508,120,000
machinery and equipment																													1,437,540,000
furniture and fixtures																													154,237,000
construction in progress																													53,071,000
property, plant and equipment - sum																													2,234,534,000
less accumulated depreciation																													1,220,802,000
net property, plant and equipment																													1,013,732,000
other																													315,997,000													286,141,000	254,322,000	242,295,000	238,327,000	244,221,000	275,297,000	273,201,000	278,148,000	219,619,000	173,461,000	156,712,000	134,731,000	112,542,000	92,587,000	56,115,000	43,683,000	62,430,000
total other assets																													2,459,012,000
contracts liabilities																													855,948,000	892,860,000	943,920,000
preferred — authorized 20,000,000 shares (0.01 par value), none issued
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 139,653,824 and 139,918,324 shares in 2018 and 2017, respectively																													1,396,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,749,228 and 139,918,324 shares in 2018 and 2017, respectively																														1,407,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,699,850 and 139,918,324 shares in 2018 and 2017, respectively																															1,406,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 140,597,739 and 139,918,324 shares in 2018 and 2017, respectively																																1,406,000
contract work in progress																																	1,326,791,000	1,399,220,000	1,442,712,000	1,623,956,000	1,796,469,000	1,606,203,000	1,512,398,000	1,507,880,000	1,486,943,000	1,743,707,000	1,647,520,000	1,647,190,000	1,974,529,000	1,928,611,000	2,285,211,000	2,212,634,000	2,077,657,000	1,814,201,000	1,555,825,000	1,453,755,000	1,848,620,000	1,792,693,000	1,695,805,000	1,309,589,000	1,060,881,000	1,046,672,000
revolving credit facility and other borrowings																																	36,725,000	36,390,000	40,858,000	133,693,000	166,081,000	118,926,000
advance billings on contracts																																	970,338,000	1,083,679,000	752,779,000	716,592,000	737,663,000	745,078,000	652,378,000	577,376,000	586,020,000	565,136,000	776,702,000	660,777,000	742,422,000	810,019,000	876,001,000	894,452,000	1,332,351,000	1,230,647,000	1,152,555,000	1,212,678,000	942,524,000	862,017,000	958,699,000	908,744,000	1,008,362,000	1,078,090,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 139,902,454 and 139,258,483 shares in 2017 and 2016, respectively																																	1,399,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 139,876,865 and 139,258,483 shares in 2017 and 2016, respectively																																		1,399,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 139,781,114 and 139,258,483 shares in 2017 and 2016, respectively																																			1,398,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 139,250,204 and 139,018,309 shares in 2016 and 2015, respectively																																				1,393,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 139,243,680 and 139,018,309 shares in 2016 and 2015, respectively																																					1,392,000
investments and goodwill																																						1,482,512,000	416,160,000	352,735,000	335,986,000	304,341,000	306,672,000	335,094,000	288,244,000	272,418,000	278,243,000	238,351,000	247,396,000	243,730,000	243,790,000	247,652,000	295,168,000	269,410,000	268,307,000	318,314,000	305,321,000	291,024,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 139,222,687 and 139,018,309 shares in 2016 and 2015, respectively																																						1,392,000
convertible senior notes and other borrowings																																									27,738,000	29,822,000	29,217,000	29,393,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 142,219,163 and 148,633,640 shares in 2015 and 2014, respectively																																							1,422,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 145,384,573 and 148,633,640 shares in 2015 and 2014, respectively																																								1,454,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 146,976,144 and 148,633,640 shares in 2015 and 2014, respectively																																									1,470,000
preferred – authorized 20,000,000 shares (0.01 par value); none issued
common – authorized 375,000,000 shares (0.01 par value); issued and outstanding – 156,527,652 and 161,287,818 shares in 2014 and 2013, respectively																																										1,565,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 157,599,815 and 161,287,818 shares in 2014 and 2013, respectively																																											1,576,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 159,303,927 and 161,287,818 shares in 2014 and 2013, respectively																																												1,593,000
convertible senior notes and other notes payable																																													18,469,000	18,472,000	23,702,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 163,032,682 and 162,359,906 shares in 2013 and 2012, respectively																																													1,630,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 162,861,327 and 162,359,906 shares in 2013 and 2012, respectively																																														1,629,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 166,508,134 and 168,979,199 shares in 2012 and 2011, respectively																																															1,665,000
convertible senior notes																																																19,155,000	19,157,000	23,653,000	25,496,000	65,187,000	99,222,000	99,642,000	99,709,000	118,577,000	121,713,000	2,101,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 166,962,018 and 168,979,199 shares in 2012 and 2011, respectively																																																1,670,000
long-term debt after one year																																																	513,615,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 168,892,114 and 168,979,199 shares in 2012 and 2011, respectively																																																	1,691,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 169,652,179 and 176,425,158 shares in 2011 and 2010, respectively																																																		1,697,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 173,803,722 and 176,425,158 shares in 2011 and 2010, respectively																																																			1,738,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 174,413,358 and 176,425,158 shares in 2011 and 2010, respectively																																																				1,744,000
common — authorized 375,000,000 shares (0.01 par value); issued and outstanding — 178,776,372 and 178,824,617 shares in 2010 and 2009, respectively																																																					1,788,000
common – authorized 375,000,000 shares (0.01 par value); issued and outstanding – 178,769,561 and 178,824,617 shares in 2010 and 2009, respectively																																																						1,788,000
common – authorized 375,000,000 shares (0.01 par value); issued and outstanding – 178,729,811 and 178,824,617 shares in 2010 and 2009, respectively																																																							1,787,000
common – authorized 375,000,000 shares (0.01 par value); issued and outstanding – 178,941,284 and 181,555,921 shares in 2009 and 2008, respectively																																																								1,794,000
common – authorized 375,000,000 shares (0.01 par value); issued and outstanding – 179,855,245 and 181,555,921 shares in 2009 and 2008, respectively																																																									1,799,000
common – authorized 375,000,000 shares (0.01 par value); issued and outstanding – 179,851,258 and 181,555,921 shares in 2009 and 2008, respectively																																																										1,799,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2020-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30	2009-03-31

increase in:
accounts and notes receivable
contract assets
other current assets
other assets
accounts payable
contract liabilities
accrued liabilities
other liabilities
increase in cash due to changes in assets and liabilities
cash paid during the year for:
interest
income taxes
noncash investing and financing activities:
marketable securities transferred to trustee to discharge the 2024 notes
debt assumed by buyer of stork latin america
information about contract assets:
unbilled receivables - reimbursable contracts
contract work in progress - lump sum contracts
information about contract liabilities:
revenue recognized that was included in contract liabilities as of january 1
current assets
noncurrent assets
current liabilities
noncurrent liabilities
right-of-use assets
operating lease assets
finance lease assets
total right-of-use assets
lease liabilities
operating lease liabilities, current
operating lease liabilities, noncurrent
finance lease liabilities, current
finance lease liabilities, noncurrent
total lease liabilities
cash paid for amounts included in the measurement of lease liabilities:
operating cash flows from operating leases
financing cash flows from finance leases
right-of-use assets obtained in exchange for new operating lease liabilities
right-of-use assets obtained in exchange for new finance lease liabilities
weighted-average remaining lease term - operating leases
weighted-average remaining lease term - finance leases
weighted-average discount rate - operating leases
weighted-average discount rate - finance leases
year ended december 31,
2023
2024
2025
2026
2027
thereafter
total lease payments
less: interest
present value of lease liabilities
lease assets / liabilities
operating lease liabilities
finance lease liabilities
cont ops
operating cash flows from finance leases
cash flows from operating activities
net earnings		-729,539,000	-593,486,000	-43,308,000	77,830,000	96,025,000	131,164,000	-12,061,000	112,889,000	-6,632,000	77,354,000	17,406,000	120,054,000	119,011,000	181,736,000	160,744,000	165,604,000	114,890,000	109,980,000	193,310,000	207,340,000	213,256,000	172,338,000	192,521,000	177,175,000	161,589,000	191,459,000	161,213,000	-30,088,000	178,417,000	153,672,000	174,004,000	176,339,000	221,287,000
adjustments to reconcile net earnings to cash provided (utilized) by operating activities:
depreciation of fixed assets		41,143,000	42,607,000	45,264,000	46,993,000	48,089,000	50,596,000	51,907,000	51,960,000	51,203,000	50,718,000	53,725,000	54,243,000	47,147,000	46,266,000	46,892,000	47,803,000	48,962,000	46,371,000	48,492,000	54,155,000	54,626,000	52,472,000	51,270,000	51,755,000	50,367,000	49,198,000	48,477,000	47,732,000	45,549,000	45,948,000	45,845,000	44,946,000	43,687,000
amortization of intangibles		3,989,000	4,476,000	4,567,000	4,744,000	4,924,000	4,656,000	4,747,000	4,554,000	4,461,000	5,059,000	5,233,000	6,969,000	222,000	223,000	222,000	223,000	223,000	223,000	223,000	132,000	313,000	735,000	403,000	401,000	228,000	1,614,000	328,000	297,000	266,000	371,000	298,000	297,000	340,000
(earnings) loss from equity method investments, net of distributions		-1,381,000	5,776,000	2,115,000	474,000	-1,413,000	65,000	1,854,000		924,000	1,072,000	-1,570,000
gain on sale of joint venture interest
loss on sale of property, plant and equipment
impairment of long-lived assets		308,296,000
amortization of stock-based awards		-2,290,000	16,561,000	13,242,000	8,294,000	10,745,000	10,073,000	13,917,000	8,846,000	6,564,000	15,666,000	7,930,000	9,991,000	13,921,000
deferred compensation trust		-2,577,000	-8,267,000	-26,145,000				1,025,000					-5,958,000	34,280,000	20,165,000	2,150,000	33,604,000																	8,557,000
deferred compensation obligation		-1,766,000	8,009,000	28,584,000	-41,592,000	16,175,000	2,215,000	930,000	16,861,000	4,507,000	14,620,000	14,797,000	4,761,000	5,655,000		-2,995,000	6,164,000	-8,180,000	11,797,000	4,649,000	-1,726,000	18,093,000	13,498,000	-9,673,000	24,988,000		-2,462,000	11,560,000			8,509,000	22,738,000
deferred taxes		444,484,000	-147,939,000	-25,549,000	39,625,000	15,350,000			22,897,000	24,785,000	52,081,000	34,800,000	-10,314,000	34,286,000	-68,639,000	3,340,000	143,601,000			23,605,000	11,510,000	17,424,000		26,251,000	4,630,000		7,789,000	29,252,000
net retirement plan accrual		6,000	1,750,000	-3,577,000												3,577,000	3,391,000
changes in operating assets and liabilities		-99,406,000	740,343,000	-13,928,000					-79,813,000	83,849,000	82,779,000																	106,138,000
other items		5,262,000	1,660,000	3,117,000	2,868,000			128,000	-659,000	1,941,000	611,000	-2,218,000	-2,936,000	5,792,000	-3,625,000	4,982,000	971,000	0	63,000	1,896,000	2,265,000	3,428,000	-1,087,000	1,415,000	5,416,000	6,372,000	-6,367,000	9,452,000	356,000	-578,000	6,621,000	850,000	-558,000	2,569,000
cash provided (utilized) by operating activities		-24,537,000																		186,714,000							57,377,000	370,533,000
cash flows from investing activities
purchases of marketable securities		-7,756,000	-15,229,000	-8,180,000
proceeds from the sales and maturities of marketable securities		32,959,000	40,665,000	124,299,000	193,973,000	11,916,000	159,431,000	175,784,000	49,831,000	29,126,000	71,900,000	69,376,000	144,200,000	202,286,000	103,329,000	26,093,000	194,635,000	68,603,000	76,260,000	88,643,000	177,911,000	107,632,000	231,774,000	294,544,000	198,317,000	317,694,000	152,527,000	183,014,000	308,676,000	335,963,000	479,886,000
capital expenditures									0	0	0	0	0	0	0	0	0	0					0									0	0	0
free cash flows									122,711,000	157,691,000	270,235,000	361,940,000	-24,111,000	114,655,000	366,234,000	164,907,000	39,282,000	-18,380,000					428,639,000									159,980,000	303,868,000	76,085,000
proceeds from disposal of property, plant and equipment		31,252,000	14,459,000	10,720,000	20,175,000	20,778,000	23,591,000	16,494,000	27,950,000	13,256,000	14,652,000	21,726,000	13,166,000	25,881,000	15,513,000	24,985,000	29,905,000	25,363,000	22,548,000	24,557,000	9,977,000	15,702,000	15,011,000	13,364,000	37,248,000	14,928,000	15,808,000	12,883,000	22,395,000	7,206,000	9,578,000	7,557,000	7,021,000	10,167,000
investments in partnerships and joint ventures		-7,446,000	-15,055,000	-12,001,000
return of capital from partnerships and joint ventures					1,800,000
proceeds from company owned life insurance
cash provided (utilized) by investing activities							17,106,000	66,882,000																					80,282,000	-84,220,000	236,045,000
cash flows from financing activities
dividends paid		-29,384,000	-29,319,000	-30,005,000
proceeds from issuance of 4.250% senior notes
repayment of 3.375% senior notes
proceeds from other borrowings
net proceeds from issuance of commercial paper
debt issuance costs
distributions paid to noncontrolling interests		-10,551,000	-5,420,000	-10,152,000
capital contributions by noncontrolling interests		2,760,000	3,054,000	4,767,000	835,000	533,000	3,395,000	365,000	522,000	544,000	3,606,000	555,000	6,771,000	1,245,000	1,334,000	1,596,000	698,000	2,020,000	144,000	46,000	1,260,000	202,000
taxes paid on vested restricted stock		0	-23,000	-3,549,000
stock options exercised		0	0	1,466,000	88,000	1,787,000	1,364,000	4,019,000	507,000	2,509,000	5,787,000	171,000	463,000	2,681,000	0	239,000	923,000	8,583,000	1,308,000	14,070,000	6,095,000	5,807,000	4,464,000	689,000	5,002,000	0	5,129,000	20,214,000	676,000	1,104,000	527,000	1,672,000	167,000	552,000
cash utilized by financing activities		-29,331,000	-27,989,000	-29,820,000
effect of exchange rate changes on cash		-28,989,000	-5,660,000	20,571,000				8,978,000	4,930,000	16,553,000	20,667,000			22,077,000									14,845,000	-19,282,000	24,348,000		15,507,000	34,960,000			4,855,000	20,877,000
increase in cash and cash equivalents		-52,181,000	51,508,000	41,031,000																								56,668,000
cash and cash equivalents at beginning of period		0	0	1,764,746,000		0	0	1,804,075,000	0	0	1,850,436,000	0	0	1,949,886,000	0	0	1,993,125,000	0	0	2,283,582,000	0	2,154,541,000	0	0	2,161,411,000	0	0	2,134,997,000	0	0	1,687,028,000	0	0	1,834,324,000
cash and cash equivalents at end of period		-52,181,000	51,508,000	1,805,777,000		-2,164,000	-3,994,000	1,685,954,000	7,230,000	-147,782,000	1,967,581,000	153,320,000	-70,437,000	1,697,491,000	57,639,000	-87,533,000	1,811,293,000	-282,612,000	40,751,000	2,142,058,000	90,276,000	2,014,800,000	347,457,000	-118,717,000	1,922,286,000	440,324,000	-245,700,000	2,191,665,000	540,027,000	-171,871,000	1,608,989,000	146,123,000	-288,432,000	1,470,326,000
gain on sale of property, plant and equipment			-1,694,000	-1,858,000
cash from investing activities			-23,754,000	67,756,000
cash utilized by operating activities				-17,476,000
statute expirations and tax settlements
cash from operating activities									122,711,000	157,691,000	270,235,000	361,940,000	-24,111,000	114,655,000	366,234,000	164,907,000	39,282,000	-18,380,000					428,639,000									159,980,000	303,868,000	76,085,000
proceeds from sale of joint venture interest
acquisitions, net of cash acquired
repurchase of common stock
proceeds from issuance of senior notes
repayment of 3.375% senior notes and stork notes
borrowings under revolving lines of credit												-462,000	123,750,000	760,000,000
repayment of borrowings under revolving lines of credit
decrease in cash and cash equivalents
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
cash utilized by investing activities
net proceeds from issuance of commerical paper
increase (decrease) in cash and cash equivalents											117,145,000
proceeds from issuance of 1.75% senior notes												0	0	552,958,000
repayment of stork notes and other borrowings
cash provided (utilized) by financing activities												-70,632,000	-2,380,000	170,821,000
loss from discontinued operations, net of taxes
gain related to a partial sale of a subsidiary
cash outflows from discontinued operations
proceeds from a partial sale of a subsidiary
repayment of stork notes, convertible debt and other borrowings
repayment of borrowing under revolving lines of credit
loss on sales of equity method investments
earnings from equity method investments, net of distributions
restricted stock and stock option amortization															13,650,000	15,228,000	12,546,000	12,495,000	12,969,000	10,792,000	11,221,000	9,638,000	9,518,000	9,976,000	8,746,000	8,618,000	8,108,000	11,825,000	11,734,000	13,330,000	9,630,000	8,483,000	8,633,000	8,209,000
excess tax benefit from stock-based plans																	867,000	108,000	742,000	3,115,000	671,000	2,747,000	394,000	480,000	3,444,000
proceeds from sales of equity method investments																		0
repayment of convertible debt and other borrowings
net retirement plan (contributions) accrual
consolidation of a variable interest entity																					0	24,675,000
acquisitions
repayment of 5.625% municipal bonds
repayment of convertible debt and notes payable
income from discontinued operations, net of taxes
gain on sales of equity method investments
losses from equity method investments, net of distributions
retirement plan contributions, net of accruals
losses (earnings) from equity method investments, net of distributions																				2,784,000
gain on sale of an equity method investment
retirement plan accrual, net of contributions																							3,360,000	4,211,000	190,000		10,666,000	5,631,000	-1,673,000	13,511,000	7,716,000	7,881,000	15,700,000	4,342,000
undistributed earnings of equity method investments
proceeds from sale of an equity method investment
adjustments to reconcile net earnings to cash (utilized) provided by operating activities:
proceeds from the sale of assets																										0
settlement of u.s. treasury rate lock agreements
repayment of convertible debt
capital contribution by joint venture partners																							166,000	1,987,000	1,400,000
equity in (earnings) of investees, net of dividends																										13,311,000	-1,551,000	7,013,000	-4,087,000
cash (utilized) provided by operating activities
adjustments to reconcile net earnings to cash from operating activities:
stock plans tax benefit																										50,000	1,267,000	11,002,000	115,000	132,000	359,000
cash (utilized) provided by investing activities
settlement of treasury rate lock agreements
capital contribution by joint venture partner																												49,000	0	0	1,000,000
repayment of corporate-owned life insurance loans
capital contributions from joint venture partners
equity in earnings of investees, net of dividends																															17,124,000
stock option tax benefit																																-500,000	147,000	637,000
change in operating assets and liabilities
proceeds from sales and maturities of marketable securities
investments
repurchase of common shares
capital contribution from noncontrolling interests
proceeds from maturities of marketable securities																																	165,285,000	258,541,000
equity in earnings of investees

Fluor Corporation(NYSE:FLR)

Fluor Corporation
(NYSE:FLR)