|
Q1 FY2020
As of Mar 31, 2020
|
Q4 FY2019
As of Dec 31, 2019
|
Q3 FY2019
As of Sep 30, 2019
|
Q2 FY2019
As of Jun 30, 2019
|
Q1 FY2019
As of Mar 31, 2019
|
Q4 FY2018
As of Dec 31, 2018
|
Q3 FY2018
As of Sep 30, 2018
|
Q2 FY2018
As of Jun 30, 2018
|
Q1 FY2018
As of Mar 31, 2018
|
Q4 FY2017
As of Dec 31, 2017
|
Q3 FY2017
As of Sep 30, 2017
|
Q2 FY2017
As of Jun 30, 2017
|
Q1 FY2017
As of Mar 31, 2017
|
Q4 FY2016
As of Dec 31, 2016
|
Q3 FY2016
As of Sep 30, 2016
|
Q2 FY2016
As of Jun 30, 2016
|
Q1 FY2016
As of Mar 31, 2016
|
Q4 FY2015
As of Dec 31, 2015
|
Q3 FY2015
As of Sep 30, 2015
|
Q2 FY2015
As of Jun 30, 2015
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Current assets: | ||||||||||||||||||||
| Cash and cash equivalents ($239 and $213 related to variable interest entities ("VIEs")) | ||||||||||||||||||||
| Restricted cash and cash equivalents | ||||||||||||||||||||
| Accounts receivable—trade, net ($92 and $102 related to VIEs) | ||||||||||||||||||||
| Accounts receivable—other ($29 and $32 related to VIEs) | ||||||||||||||||||||
| Contracts in progress | ||||||||||||||||||||
| Contracts in progress ($246 and $195 related to VIEs) | ||||||||||||||||||||
| Project-related intangible assets, net | ||||||||||||||||||||
| Inventory | ||||||||||||||||||||
| Current assets of discontinued operations held for sale | ||||||||||||||||||||
| Other current assets ($25 and $25 related to VIEs) | ||||||||||||||||||||
| Total current assets | ||||||||||||||||||||
| Property, plant and equipment | ||||||||||||||||||||
| Less accumulated depreciation | ||||||||||||||||||||
| Property, plant and equipment, net | ||||||||||||||||||||
| Operating lease right-of-use assets | ||||||||||||||||||||
| Accounts receivable—long-term retainages | ||||||||||||||||||||
| Investments in unconsolidated affiliates | ||||||||||||||||||||
| Goodwill | ||||||||||||||||||||
| Other intangibles, net | ||||||||||||||||||||
| Deferred income taxes | ||||||||||||||||||||
| Non-current assets of discontinued operations held for sale | ||||||||||||||||||||
| Other non-current assets | ||||||||||||||||||||
| Total assets | ||||||||||||||||||||
| Liabilities, Mezzanine Equity and Stockholders' Equity | ||||||||||||||||||||
| Current liabilities: | ||||||||||||||||||||
| Notes payable and current maturities of long-term debt | ||||||||||||||||||||
| Revolving credit facility | ||||||||||||||||||||
| Current maturities of long-term debt | ||||||||||||||||||||
| Short-term borrowing and current maturities of long-term debt | ||||||||||||||||||||
| Debt | ||||||||||||||||||||
| Lease obligations | ||||||||||||||||||||
| Accounts payable ($149 and $182 related to VIEs) | ||||||||||||||||||||
| Advance billings on contracts ($504 and $542 related to VIEs) | ||||||||||||||||||||
| Project-related intangible liabilities, net | ||||||||||||||||||||
| Current liabilities of discontinued operations held for sale | ||||||||||||||||||||
| Accrued liabilities ($64 and $69 related to VIEs) | ||||||||||||||||||||
| Advance billings on contracts | ||||||||||||||||||||
| Income taxes payable | ||||||||||||||||||||
| Total current liabilities | ||||||||||||||||||||
| Long-term debt | ||||||||||||||||||||
| Self-insurance | ||||||||||||||||||||
| Pension liabilities | ||||||||||||||||||||
| Non-current other taxes | ||||||||||||||||||||
| Long-term lease obligations | ||||||||||||||||||||
| Deferred income taxes | ||||||||||||||||||||
| Non-current liabilities of discontinued operations held for sale | ||||||||||||||||||||
| Other non-current liabilities | ||||||||||||||||||||
| Total liabilities | ||||||||||||||||||||
| Total liabilities not subject to compromise | ||||||||||||||||||||
| Liabilities subject to compromise | ||||||||||||||||||||
| Mezzanine equity: | ||||||||||||||||||||
| Redeemable preferred stock | ||||||||||||||||||||
| Stockholders' equity: | ||||||||||||||||||||
| Common stock, par value $1.00 per share, authorized 255 shares; issued 196 shares | ||||||||||||||||||||
| Capital in excess of par value | ||||||||||||||||||||
| Accumulated deficit | ||||||||||||||||||||
| Accumulated other comprehensive loss | ||||||||||||||||||||
| Treasury stock, at cost: 3 and 3 shares, respectively | ||||||||||||||||||||
| Total McDermott Stockholders' Equity | ||||||||||||||||||||
| Noncontrolling interest | ||||||||||||||||||||
| Total stockholders' equity | ||||||||||||||||||||
| Total liabilities and stockholders' equity | ||||||||||||||||||||
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