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Joint Ventures and Variable Interest Entities (Tables)

3 Months Ended

Dec. 31, 2019

Joint Ventures and Variable Interest Entities

Summary of financial information of the consolidated joint ventures


		December 31,
		2019			September 30,
		(unaudited)			2019
		(in millions)
Current assets		$	541.9		$	581.3
Non-current assets			77.2			75.4
Total assets		$	619.1		$	656.7

Current liabilities		$	412.6		$	432.8
Non-current liabilities			1.0			—
Total liabilities			413.6			432.8
Total AECOM equity			119.2			137.9
Noncontrolling interests			86.3			86.0
Total owners’ equity			205.5			223.9
Total liabilities and owners’ equity		$	619.1		$	656.7

Summary of financial information of the unconsolidated joint ventures, as derived from their unaudited financial statements


		December 31,			September 30,
		2019			2019
		(in millions)
Current assets		$	1,193.0		$	1,133.5
Non-current assets			946.0			904.5
Total assets		$	2,139.0		$	2,038.0

Current liabilities		$	1,137.7		$	1,115.5
Non-current liabilities			121.8			182.3
Total liabilities			1,259.5			1,297.8
Joint ventures’ equity			879.5			740.2
Total liabilities and joint ventures’ equity		$	2,139.0		$	2,038.0

AECOM’s investment in joint ventures		$	279.3		$	256.1


		Three Months Ended
		December 31,			December 31,
		2019			2018
		(in millions)
Revenue		$	765.1		$	765.4
Cost of revenue			746.0			740.0
Gross profit		$	19.1		$	25.4
Net income		$	18.2		$	24.1

Summary of AECOM's equity in earnings of unconsolidated joint ventures


		Three Months Ended
		December 31,			December 31,
		2019			2018
		(in millions)
Pass through joint ventures		$	9.2		$	9.1
Other joint ventures			0.7			(2.5)
Total		$	9.9		$	6.6