KBR, Inc. (KBR) Financial Statements (2023 and earlier)

Company Profile

Business Address 601 JEFFERSON STREET
HOUSTON, TX 77002
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)
Annual | Quarterly

6/30/2023
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 investments389370436712739439
Cash and cash equivalents389370436712739439
Receivables9421,411899938927510
Costs in excess of billings✕✕✕✕✕✕383
Other current assets16414712114610893
Other undisclosed current assets252224178215185 
Total current assets:1,7472,1521,6342,0111,9591,425
Noncurrent Assets
Operating lease, right-of-use asset164158154175✕✕
Property, plant and equipment   130130121130
Long-term investments and receivables188576881850744387
Long-term investments188576881850744387
Intangible assets, net (including goodwill)2,7322,7682,4441,7601,7811,207
Goodwill2,0872,0601,7611,2651,265968
Intangible assets, net (excluding goodwill)645708683495516239
Contract with customer, asset, after allowance for credit loss 29303059 ✕
Deferred income tax assets213226297236✕✕
Other noncurrent assets265153135143147124
Costs in excess of billings✕✕✕✕✕✕101
Other undisclosed noncurrent assets228136  320300
Total noncurrent assets:3,8194,0474,0713,3533,1132,249
TOTAL ASSETS:5,5666,1995,7055,3645,0723,674
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9621,343857781767536
Employee-related liabilities✕✕317283209221186
Accounts payable6371,026574572546350
Accrued liabilities325     
Deferred revenue275313356484✕✕
Debt37391139  
Other liabilities172178193186179157
Other undisclosed current liabilities39323811473378
Total current liabilities:1,8211,8751,4551,5011,4191,071
Noncurrent Liabilities
Long-term debt and lease obligation1,3761881861,375  
Long-term debt, excluding current maturities1,376  1,183  
Liabilities, other than long-term debt632470759616536907
Deferred revenue and credits✕✕✕✕✕✕200
Accounts payable and accrued liabilities1179596928485
Deferred compensation liability, classified    65  
Deferred tax liabilities, net✕✕✕✕✕ 18
Deferred income tax liabilities92702616✕✕
Liability for uncertainty in income taxes      
Liability, pension and other postretirement and postemployment benefits 1188381277250391
Other liabilities219217256124202171
Operating lease, liability193188186192✕✕
Self insurance reserve    42 42
Other undisclosed noncurrent liabilities1051,9651,696151,379475
Total noncurrent liabilities:2,1132,6232,6412,0061,9151,382
Total liabilities:3,9344,4984,0963,5073,3342,453
Equity
Equity, attributable to parent1,6201,6871,5801,8431,7181,229
Treasury stock, value(1,143)(943)(864)(817)(817)(818)
Additional paid in capital2,2352,2512,2222,2062,1902,091
Accumulated other comprehensive loss(882)(881)(1,083)(987)(913)(921)
Retained earnings1,4101,2601,3051,4411,258877
Equity, attributable to noncontrolling interest1214291420(8)
Total equity:1,6321,7011,6091,8571,7381,221
TOTAL LIABILITIES AND EQUITY:5,5666,1995,7055,3645,0723,674

Income Statement (P&L) ($ in millions)
Annual | Quarterly

6/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues6,5647,3395,7675,6394,9134,171
Revenue, net✕✕✕✕✕✕4,171
Cost of revenue
(Cost of Goods and Services Sold)		(5,736)(6,533)(5,101)(4,986)(4,457)(3,829)
Gross profit:828806666653456342
Operating expenses(403)(403)(540)(326)(175)(148)
Other undisclosed operating income (loss)(82)(172)(69)3518972
Operating income:34323157362470266
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		12(5)15(6)4
Interest and debt expense(87)(92)(83)(99)(66)(21)
Income (loss) from continuing operations before equity method investments, income taxes:268134(25)268398249
Income from equity method investments   30358172
Other undisclosed income (loss) from continuing operations before income taxes16 (30)(35)(81)(72)
Income (loss) from continuing operations before income taxes:284134(25)268398249
Income tax expense (benefit)(92)(108)(26)(59)(88)193
Income (loss) from continuing operations:19226(51)209310442
Income (loss) before gain (loss) on sale of properties:✕26(51)209310442
Net income (loss):19226(51)209310442
Net loss attributable to noncontrolling interest (2)(8)(21)(7)(29)(8)
Other undisclosed net loss attributable to parent      
Net income (loss) attributable to parent:19018(72)202281434
Other undisclosed net loss available to common stockholders, basic(1)     
Net income (loss) available to common stockholders, basic:18918(72)202281434
Other undisclosed net income available to common stockholders, diluted7     
Net income (loss) available to common stockholders, diluted:19618(72)202281434

Comprehensive Income ($ in millions)
Annual | Quarterly

6/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):19226(51)209310442
Other comprehensive income (loss)(1)202(96)(77)8128
Comprehensive income (loss):191228(147)132318570
Comprehensive loss, net of tax, attributable to noncontrolling interest (2)(8)(21)(7)(29)(7)
Other undisclosed comprehensive loss, net of tax, attributable to parent      
Comprehensive income (loss), net of tax, attributable to parent:189220(168)125289563

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: