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Joint Ventures and Variable Interest Entities (Tables)

6 Months Ended

Mar. 31, 2020

Joint Ventures and Variable Interest Entities

Summary of financial information of the consolidated joint ventures


		March 31,
		2020			September 30,
		(unaudited)			2019
		(in millions)
Current assets		$	558.9		$	581.3
Non-current assets			77.1			75.4
Total assets		$	636.0		$	656.7

Current liabilities		$	416.5		$	432.8
Non-current liabilities			1.5			—
Total liabilities			418.0			432.8
Total AECOM equity			129.6			137.9
Noncontrolling interests			88.4			86.0
Total owners’ equity			218.0			223.9
Total liabilities and owners’ equity		$	636.0		$	656.7

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


		March 31,			September 30,
		2020			2019
		(in millions)
Current assets		$	1,153.1		$	1,133.5
Non-current assets			1,049.8			904.5
Total assets		$	2,202.9		$	2,038.0

Current liabilities		$	1,069.8		$	1,115.5
Non-current liabilities			107.2			182.3
Total liabilities			1,177.0			1,297.8
Joint ventures’ equity			1,025.9			740.2
Total liabilities and joint ventures’ equity		$	2,202.9		$	2,038.0

AECOM’s investment in joint ventures		$	256.9		$	256.1


		Six Months Ended
		March 31,			March 31,
		2020			2019
		(in millions)
Revenue		$	1,602.2		$	1,574.4
Cost of revenue			1,579.4			1,522.7
Gross profit		$	22.8		$	51.7
Net income		$	21.9		$	51.4

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


		Six Months Ended
		March 31,			March 31,
		2020			2019
		(in millions)
Pass through joint ventures		$	17.8		$	16.0
Other joint ventures			5.6			7.2
Total		$	23.4		$	23.2