Fluor Corporation (FLR) Financial Statements (2024 and earlier)

Company Profile

Business Address 6700 LAS COLINAS BLVD
IRVING, TX 75039
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 16 - Heavy Construction Other Than Building Construction Contractors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,6242,3372,2222,0041,9801,965
Cash and cash equivalents2,4392,2092,1991,9971,7651,804
Short-term investments185127237215161
Receivables1,1099011,1821,0751,5341,603
Contract with customer, asset, after allowance for credit loss9159329688821,545
Disposal group, including discontinued operation  8552381,195  
Costs in excess of billings1,459
Other current assets396538425359382575
Total current assets:5,0445,5635,0345,5165,4415,601
Noncurrent Assets
Property, plant and equipment4473875615431,0141,094
Long-term investments and receivables584514532574938879
Long-term investments584514532574938879
Intangible assets, net (including goodwill)206207349450693753
Goodwill206207349450534565
Intangible assets, net (excluding goodwill)     159188
Deferred costs234330350341329382
Deferred income tax assets34517863
Other noncurrent assets278229405479316377
Other undisclosed noncurrent assets     183242
Total noncurrent assets:1,7831,7172,2762,4503,4733,726
TOTAL ASSETS:6,8277,2807,3107,9678,9149,328
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3222,3162,3602,3512,6702,673
Employee-related liabilities567638541649707
Accounts payable1,0171,0991,2321,3581,6391,513
Accrued liabilities1,305650490453381454
Deferred revenue7428911,1411,120
Debt152125392727
Disposal group, including discontinued operation  69745422  
Other undisclosed current liabilities     856874
Total current liabilities:3,2163,9043,5723,9323,5533,574
Noncurrent Liabilities
Long-term debt and lease obligation9781,1671,7101,6521,6621,592
Long-term debt, excluding current maturities9781,1671,7101,6521,6621,592
Liabilities, other than long-term debt7311512112157 
Accounts payable and accrued liabilities      
Deferred income tax liabilities73678183
Liability, pension and other postretirement and postemployment benefits  48403757 
Other undisclosed noncurrent liabilities 564527644678524670
Total noncurrent liabilities:1,6151,8092,4752,4512,2432,261
Total liabilities:4,8315,7136,0476,3835,7965,835
Equity
Equity, attributable to parent1,7861,3921,0301,4882,9633,342
Preferred stock  0    
Common stock111111
Additional paid in capital1,2549661961658288
Accumulated other comprehensive loss(365)(366)(417)(380)(542)(402)
Retained earnings8967901,2501,7013,4223,655
Equity, attributable to noncontrolling interest21017423396155150
Total equity:1,9961,5671,2631,5843,1183,492
TOTAL LIABILITIES AND EQUITY:6,8277,2807,3107,9678,9149,328

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues13,74412,43515,66814,34819,16719,521
Cost of revenue
(Cost of Goods and Services Sold)
(13,389)(12,023)(15,283)(14,775)(18,497)(18,902)
Gross profit:355412385(427)670618
Operating expenses(213)(260)(549)(1,236)(145)(192)
Other undisclosed operating income (loss)67(211)4811,277  
Operating income (loss):209(60)317(386)525426
Nonoperating income9417265416228
Investment income, nonoperating9417265416228
Interest and debt expense(59)(84)(72)(74)(74)(68)
Income (loss) from continuing operations before equity method investments, income taxes:244(128)271(406)613386
Other undisclosed loss from continuing operations before income taxes   (478)(871)(131) 
Income (loss) from continuing operations before income taxes:244(128)(207)(1,277)482386
Income tax expense(171)(16)(19)(441)(189)(122)
Income (loss) from continuing operations:73(144)(226)(1,718)293264
Income (loss) before gain (loss) on sale of properties:(402)(367)(1,553)293264
Income (loss) from discontinued operations  (258)(141)165  
Net income (loss):73(402)(367)(1,553)293264
Net income (loss) attributable to noncontrolling interest 7237  (68)(73)
Other undisclosed net income (loss) attributable to parent (75)(68)31  
Net income (loss) attributable to parent:145(440)(435)(1,522)225191
Preferred stock dividends and other adjustments      
Other undisclosed net loss available to common stockholders, basic(39)(24)    
Net income (loss) available to common stockholders, diluted:106(465)(435)(1,522)225191

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):73(402)(367)(1,553)293264
Other comprehensive income (loss)253(36)162(142)94
Comprehensive income (loss):75(349)(403)(1,391)150358
Comprehensive income (loss), net of tax, attributable to noncontrolling interest47(40)(69)32(66)(72)
Comprehensive income (loss), net of tax, attributable to parent:122(389)(472)(1,359)85286

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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