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Revenue Accounting for Contracts
12 Months Ended
Oct. 01, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Accounting for Contracts Revenue Accounting for Contracts
Disaggregation of Revenues
Our revenues are principally derived from contracts to provide a diverse range of technical, professional, and construction services to a large number of industrial, commercial, and governmental clients. We provide a broad range of engineering, design, and architectural services; construction and construction management services; operations and maintenance services; and process, scientific, and systems consulting services. We provide our services through offices and subsidiaries located primarily in North America, South America, Europe, the Middle East, India, Australia, Africa, and Asia. We provide our services under cost-reimbursable and fixed-price contracts. Our contracts are with many different customers in numerous industries. Refer to Note 20- Segment Information for additional information on how we disaggregate our revenues by reportable segment.
The following table further disaggregates our revenue by geographic area for the years ended October 1, 2021, October 2, 2020 and September 27, 2019 (in thousands):
For the Years Ended
October 1, 2021October 2, 2020September 27, 2019
Revenues:
     United States$9,671,281 $10,158,508 $9,006,730 
     Europe3,140,114 2,253,284 2,242,976 
     Canada227,692 227,067 213,172 
     Asia114,118 117,698 195,023 
     India70,772 50,618 62,543 
     Australia and New Zealand647,866 537,076 533,251 
     South America and Mexico— 11 7,416 
     Middle East and Africa220,789 222,713 476,757 
Total$14,092,632 $13,566,975 $12,737,868 

The following table presents the revenues earned directly or indirectly from the U.S. federal government and its agencies, expressed as a percentage of total revenues:
For the Years Ended
October 1, 2021October 2, 2020September 27, 2019
33%33%27%

Contract Liabilities
Contract liabilities represent amounts billed to clients in excess of revenue recognized to date. Revenue recognized for the year ended October 1, 2021 that was included in the contract liability balance on October 2, 2020 was $405 million. Revenue recognized for the year ended October 2, 2020 that was included in the contract liability balance on September 27, 2019 was $410 million.
Remaining Performance Obligations  
The Company’s remaining performance obligations as of October 1, 2021 represent a measure of the total dollar value of work to be performed on contracts awarded and in progress. The Company had approximately $14.9 billion in remaining performance obligations as of October 1, 2021. The Company expects to recognize 52% of our remaining performance obligations within the next twelve months and the remaining 48% thereafter.
Although remaining performance obligations reflect business that is considered to be firm, cancellations, scope adjustments, foreign currency exchange fluctuations or project deferrals may occur that impact their volume or the expected timing of their recognition. Remaining performance obligations are adjusted to reflect any known project cancellations, revisions to project scope and cost, foreign currency exchange fluctuations and project deferrals, as appropriate.