2023 Q3 Form 10-Q Financial Statement
#000162828023027363 Filed on August 04, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $3.963B | $3.939B | $3.299B |
YoY Change | 9.72% | 19.4% | -10.45% |
Cost Of Revenue | $3.712B | $3.741B | $3.184B |
YoY Change | 2.34% | 17.49% | -11.46% |
Gross Profit | $251.0M | $198.0M | $115.0M |
YoY Change | -1773.33% | 72.17% | 30.68% |
Gross Profit Margin | 6.33% | 5.03% | 3.49% |
Selling, General & Admin | $56.00M | $60.00M | $45.00M |
YoY Change | 86.67% | 33.33% | 36.36% |
% of Gross Profit | 22.31% | 30.3% | 39.13% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $20.00M | $19.00M | $20.00M |
YoY Change | 0.0% | -5.0% | 6.41% |
% of Gross Profit | 7.97% | 9.6% | 17.39% |
Operating Expenses | $56.00M | $60.00M | $45.00M |
YoY Change | 86.67% | 33.33% | 36.36% |
Operating Profit | $218.0M | $138.0M | $106.0M |
YoY Change | -2081.82% | 30.19% | -239.47% |
Interest Expense | $14.00M | -$7.000M | $13.00M |
YoY Change | 0.0% | -153.85% | -23.53% |
% of Operating Profit | 6.42% | -5.07% | 12.26% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $260.0M | $131.0M | $105.0M |
YoY Change | 8566.67% | 24.76% | -219.32% |
Income Tax | $79.00M | $63.00M | $32.00M |
% Of Pretax Income | 30.38% | 48.09% | 30.48% |
Net Earnings | $206.0M | $51.00M | $66.00M |
YoY Change | 836.36% | -22.73% | -157.39% |
Net Earnings / Revenue | 5.2% | 1.29% | 2.0% |
Basic Earnings Per Share | $1.18 | $0.36 | $0.40 |
Diluted Earnings Per Share | $1.15 | $0.30 | $383.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 143.4M shares | 143.2M shares | 142.0M shares |
Diluted Shares Outstanding | 147.0M shares | 172.0M shares | 172.0M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.485B | $2.322B | $2.194B |
YoY Change | -4.09% | 5.83% | -20.01% |
Cash & Equivalents | $2.421B | $2.262B | $2.074B |
Short-Term Investments | $64.00M | $60.00M | $120.0M |
Other Short-Term Assets | $338.0M | $361.0M | $408.0M |
YoY Change | -11.29% | -11.52% | 1.91% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $2.237B | $2.195B | $2.040B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $5.060B | $4.878B | $4.642B |
YoY Change | 1.38% | 5.08% | -21.67% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $443.0M | $439.0M | $478.0M |
YoY Change | -3.7% | -8.16% | 6.59% |
Goodwill | $206.0M | $206.0M | $248.0M |
YoY Change | -15.57% | -16.94% | 19.81% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $865.0M | $667.0M | $560.0M |
YoY Change | 41.34% | 19.11% | -6.29% |
Other Assets | $314.0M | $566.0M | $302.0M |
YoY Change | 9.03% | 87.42% | 16.8% |
Total Long-Term Assets | $2.103B | $1.878B | $1.883B |
YoY Change | 11.92% | -0.27% | -2.45% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.060B | $4.878B | $4.642B |
Total Long-Term Assets | $2.103B | $1.878B | $1.883B |
Total Assets | $7.163B | $6.756B | $6.525B |
YoY Change | 4.26% | 3.54% | -16.95% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.197B | $1.155B | $1.020B |
YoY Change | 11.76% | 13.24% | -6.2% |
Accrued Expenses | $1.264B | $1.339B | $1.206B |
YoY Change | 4.98% | 11.03% | 31.0% |
Deferred Revenue | $661.0M | $679.0M | $719.0M |
YoY Change | -14.04% | -5.56% | -37.45% |
Short-Term Debt | $18.00M | $0.00 | $181.0M |
YoY Change | -89.22% | -100.0% | 3720.18% |
Long-Term Debt Due | $18.00M | $17.00M | $181.0M |
YoY Change | -89.22% | -90.61% | 3720.18% |
Total Short-Term Liabilities | $3.140B | $3.190B | $3.126B |
YoY Change | -2.21% | 2.05% | -16.31% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.425B | $979.0M | $980.0M |
YoY Change | 45.41% | -0.1% | -41.62% |
Other Long-Term Liabilities | $503.0M | $536.0M | $663.0M |
YoY Change | -27.42% | -19.16% | 14.43% |
Total Long-Term Liabilities | $1.425B | $1.515B | $980.0M |
YoY Change | 45.41% | 54.59% | -41.62% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.140B | $3.190B | $3.126B |
Total Long-Term Liabilities | $1.425B | $1.515B | $980.0M |
Total Liabilities | $4.565B | $4.959B | $4.106B |
YoY Change | 8.92% | 20.77% | -24.16% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.000B | $831.0M | $885.0M |
YoY Change | 11.36% | -6.1% | -15.58% |
Common Stock | $1.214B | $1.268B | $984.0M |
YoY Change | 7.43% | 28.86% | 11.33% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.883B | $1.797B | $1.514B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.163B | $6.756B | $6.525B |
YoY Change | 4.26% | 3.54% | -16.95% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $206.0M | $51.00M | $66.00M |
YoY Change | 836.36% | -22.73% | -157.39% |
Depreciation, Depletion And Amortization | $20.00M | $19.00M | $20.00M |
YoY Change | 0.0% | -5.0% | 6.41% |
Cash From Operating Activities | $3.000M | $62.00M | $55.00M |
YoY Change | -97.46% | 12.73% | -28.31% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $29.00M | $22.00M | -$13.00M |
YoY Change | -293.33% | -269.23% | -19.63% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$120.0M | $112.0M | $195.0M |
YoY Change | -4.76% | -42.56% | 141.82% |
Cash From Investing Activities | -$149.0M | $90.00M | $182.0M |
YoY Change | 5.67% | -50.55% | 182.32% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 328.0M | -36.00M | -38.00M |
YoY Change | -24.07% | -5.26% | -106.06% |
NET CHANGE | |||
Cash From Operating Activities | 3.000M | 62.00M | 55.00M |
Cash From Investing Activities | -149.0M | 90.00M | 182.0M |
Cash From Financing Activities | 328.0M | -36.00M | -38.00M |
Net Change In Cash | 182.0M | 116.0M | 199.0M |
YoY Change | -55.5% | -41.71% | -74.09% |
FREE CASH FLOW | |||
Cash From Operating Activities | $3.000M | $62.00M | $55.00M |
Capital Expenditures | $29.00M | $22.00M | -$13.00M |
Free Cash Flow | -$26.00M | $40.00M | $68.00M |
YoY Change | -119.55% | -41.18% | -26.8% |
Facts In Submission
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us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-135000000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2439000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2209000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2262000000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2074000000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
31000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
28000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
70000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
55000000 | usd | |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1907000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
68000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
17000000 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
16.25 | |
CY2023Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
10000000 | usd |
CY2023Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
26000000 | usd |
CY2023Q2 | flr |
Noncontrolling Interest Increase Decrease Other Items
NoncontrollingInterestIncreaseDecreaseOtherItems
|
6000000 | usd |
CY2023Q2 | flr |
Share Based Compensation Plan Activity Value
ShareBasedCompensationPlanActivityValue
|
8000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1970000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1996000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-62000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
63000000 | usd | |
us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
32.50 | ||
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
19000000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
25000000 | usd | |
flr |
Noncontrolling Interest Increase Decrease Other Items
NoncontrollingInterestIncreaseDecreaseOtherItems
|
8000000 | usd | |
flr |
Share Based Compensation Plan Activity Value
ShareBasedCompensationPlanActivityValue
|
9000000 | usd | |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1645000000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
73000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-17000000 | usd |
CY2022Q2 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
16.25 | |
CY2022Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
10000000 | usd |
CY2022Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
5000000 | usd |
CY2022Q2 | flr |
Noncontrolling Interest Increase Decrease Other Items
NoncontrollingInterestIncreaseDecreaseOtherItems
|
1000000 | usd |
CY2022Q2 | flr |
Share Based Compensation Plan Activity Value
ShareBasedCompensationPlanActivityValue
|
7000000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1694000000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1567000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
128000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
12000000 | usd | |
us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
32.50 | ||
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
20000000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
12000000 | usd | |
flr |
Noncontrolling Interest Increase Decrease Other Items
NoncontrollingInterestIncreaseDecreaseOtherItems
|
4000000 | usd | |
flr |
Share Based Compensation Plan Activity Value
ShareBasedCompensationPlanActivityValue
|
15000000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1694000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
61000000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
66000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-46000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
114000000 | usd | |
CY2023Q2 | us-gaap |
Dividends
Dividends
|
10000000 | usd |
CY2022Q2 | us-gaap |
Dividends
Dividends
|
10000000 | usd |
us-gaap |
Dividends
Dividends
|
20000000 | usd | |
us-gaap |
Dividends
Dividends
|
20000000 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
51000000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
56000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-66000000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
94000000 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
143000000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
142000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
143000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
142000000 | shares | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
27000000 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
27000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
0 | shares | |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
0 | shares | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2000000 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2000000 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
172000000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
172000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
143000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
144000000 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.36 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.40 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.46 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.35 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.46 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | ||
CY2023Q2 | us-gaap |
Assets
Assets
|
6756000000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
6827000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
3939000000 | usd |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
3299000000 | usd |
us-gaap |
Revenues
Revenues
|
7692000000 | usd | |
us-gaap |
Revenues
Revenues
|
6422000000 | usd | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.479 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
3.027 | ||
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.307 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.328 | ||
CY2023Q2 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
27000000 | usd |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
22000000 | usd |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
6000000 | usd | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
40000000 | usd | |
CY2023Q2 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
0 | usd |
CY2022Q2 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
1000000 | usd |
us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-2000000 | usd | |
us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
1000000 | usd | |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
23000000 | usd |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
20000000 | usd |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
75000000 | usd | |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
35000000 | usd | |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
8000000 | usd |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-13000000 | usd |
us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
16000000 | usd | |
us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-10000000 | usd | |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
|
1000000 | usd |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
|
2000000 | usd |
us-gaap |
Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
|
-3000000 | usd | |
us-gaap |
Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
|
3000000 | usd | |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
|
0 | usd |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
|
0 | usd |
us-gaap |
Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
|
-10000000 | usd | |
us-gaap |
Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
|
0 | usd | |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
6000000 | usd |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
4000000 | usd |
us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
5000000 | usd | |
us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
0 | usd | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
63000000 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
32000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
93000000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
63000000 | usd | |
CY2022Q4 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
0 | usd |
CY2023Q2 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
0 | usd |
CY2018Q3 | us-gaap |
Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
|
11 | action |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
849000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
738000000 | usd |
CY2023Q2 | flr |
Workin Progress Contract Services
WorkinProgressContractServices
|
183000000 | usd |
CY2022Q4 | flr |
Workin Progress Contract Services
WorkinProgressContractServices
|
177000000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
1032000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
915000000 | usd |
CY2023Q2 | flr |
Contract With Customer Asset Advance Payments
ContractWithCustomerAssetAdvancePayments
|
211000000 | usd |
CY2022Q4 | flr |
Contract With Customer Asset Advance Payments
ContractWithCustomerAssetAdvancePayments
|
220000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
471000000 | usd | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
741000000 | usd | |
CY2023Q2 | us-gaap |
Contracts Receivable Claims And Uncertain Amounts
ContractsReceivableClaimsAndUncertainAmounts
|
586000000 | usd |
CY2022Q4 | us-gaap |
Contracts Receivable Claims And Uncertain Amounts
ContractsReceivableClaimsAndUncertainAmounts
|
498000000 | usd |
CY2023Q2 | us-gaap |
Construction Contract Cost Progress Payment Offset
ConstructionContractCostProgressPaymentOffset
|
20000000 | usd |
CY2022Q4 | us-gaap |
Construction Contract Cost Progress Payment Offset
ConstructionContractCostProgressPaymentOffset
|
0 | usd |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
13212000000 | usd |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
7445000000 | usd |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
3729000000 | usd |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
24386000000 | usd |
CY2023Q2 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
0 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
0 | usd |
CY2023Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
17000000 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
152000000 | usd |
CY2023Q2 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
2000000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
2000000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
979000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
978000000 | usd |
CY2023Q2 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
10000000 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
|
44.9585 | |
flr |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Measurement Percent Of Earnings
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingMeasurementPercentOfEarnings
|
0.80 | ||
flr |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Measurement Number Of Periods
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingMeasurementNumberOfPeriods
|
3 | period | |
flr |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Measurement Earnings Before Taxes Periods
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingMeasurementEarningsBeforeTaxesPeriods
|
P1Y | ||
flr |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Measurement Percent Of Tsr
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingMeasurementPercentOfTSR
|
0.20 | ||
flr |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Measurement Tsr Periods
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingMeasurementTSRPeriods
|
P3Y | ||
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
16000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-1000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
17000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-13000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
4000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-17000000 | usd |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
62000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-1000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
63000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
14000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
2000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
12000000 | usd | |
CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false |