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Other Comprehensive Income (Loss) - (Tables) | 3 Months Ended
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Mar. 31, 2020
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Schedule of tax effects of components of other comprehensive income (loss) | The components of OCI follow:
|  | Three Months Ended March 31, 2020 |  | Three Months Ended March 31, 2019
(in thousands) |  | Before-Tax Amount |  | Tax Benefit (Expense) |  | Net-of-Tax Amount |  | Before-Tax Amount |  | Tax Benefit (Expense) |  | Net-of-Tax Amount
OCI: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments |  | $ | (111,101 | ) |  | $ | — |  |  | $ | (111,101 | ) |  | $ | 44,210 |  |  | $ | (2,014 | ) |  | $ | 42,196 |
Ownership share of equity method investees’ OCI |  | (2,519 | ) |  | (5,653 | ) |  | (8,172 | ) |  | (3,495 | ) |  | 1,173 |  |  | (2,322 | )
Defined benefit pension and postretirement plan adjustments |  | 1,002 |  |  | 44 |  |  | 1,046 |  |  | 2,210 |  |  | (146 | ) |  | 2,064 |
Unrealized gain (loss) on derivative contracts |  | (5,874 | ) |  | 404 |  |  | (5,470 | ) |  | 4,634 |  |  | (1,177 | ) |  | 3,457 |
Total OCI |  | (118,492 | ) |  | (5,205 | ) |  | (123,697 | ) |  | 47,559 |  |  | (2,164 | ) |  | 45,395 |
Less: OCI attributable to NCI |  | (4,217 | ) |  | — |  |  | (4,217 | ) |  | 485 |  |  | — |  |  | 485 |
OCI attributable to Fluor Corporation |  | $ | (114,275 | ) |  | $ | (5,205 | ) |  | $ | (119,480 | ) |  | $ | 47,074 |  |  | $ | (2,164 | ) |  | $ | 44,910 |
Schedule of changes in accumulated other comprehensive income balances by component (after-tax) | The changes in AOCI balances follow:
(in thousands) | Foreign Currency Translation |  | Ownership Share of Equity Method Investees’ OCI |  | Defined Benefit Pension and Postretirement Plans |  | Unrealized Gain (Loss) on Derivative Contracts |  | Accumulated OCI, Net
Attributable to Fluor Corporation: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2019 | $ | (242,950 | ) |  | $ | (35,456 | ) |  | $ | (99,197 | ) |  | $ | (2,270 | ) |  | $ | (379,873 | )
OCI before reclassifications | (106,884 | ) |  | (8,313 | ) |  | — |  |  | (5,251 | ) |  | (120,448 | )
Amounts reclassified from AOCI | — |  |  | 141 |  |  | 1,046 |  |  | (219 | ) |  | 968 |
Net OCI | (106,884 | ) |  | (8,172 | ) |  | 1,046 |  |  | (5,470 | ) |  | (119,480 | )
Balance as of March 31, 2020 | $ | (349,834 | ) |  | $ | (43,628 | ) |  | $ | (98,151 | ) |  | $ | (7,740 | ) |  | $ | (499,353 | )
Attributable to NCI: |  |  |  |  |  |  |  |  |
Balance as of December 31, 2019 | $ | (5,051 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (5,051 | )
OCI before reclassifications | (4,217 | ) |  | — |  |  | — |  |  | — |  |  | (4,217 | )
Amounts reclassified from AOCI | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net OCI | (4,217 | ) |  | — |  |  | — |  |  | — |  |  | (4,217 | )
Balance as of March 31, 2020 | $ | (9,268 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (9,268 | )
Attributable to Fluor Corporation: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2018 | $ | (309,800 | ) |  | $ | (23,672 | ) |  | $ | (204,649 | ) |  | $ | (5,410 | ) |  | $ | (543,531 | )
OCI before reclassifications | 41,711 |  |  | (2,464 | ) |  | — |  |  | 2,696 |  |  | 41,943 |
Amounts reclassified from AOCI | — |  |  | 142 |  |  | 2,064 |  |  | 761 |  |  | 2,967 |
Net OCI | 41,711 |  |  | (2,322 | ) |  | 2,064 |  |  | 3,457 |  |  | 44,910 |
Balance as of March 31, 2019 | $ | (268,089 | ) |  | $ | (25,994 | ) |  | $ | (202,585 | ) |  | $ | (1,953 | ) |  | $ | (498,621 | )
Attributable to NCI: |  |  |  |  |  |  |  |  |
Balance as of December 31, 2018 | $ | (3,701 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (3,701 | )
OCI before reclassifications | 485 |  |  | — |  |  | — |  |  | — |  |  | 485 |
Amounts reclassified from AOCI | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net OCI | 485 |  |  | — |  |  | — |  |  | — |  |  | 485 |
Balance as of March 31, 2019 | $ | (3,216 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (3,216 | )
Schedule of significant items reclassified out of AOCI and corresponding location and impact | The reclassifications out of AOCI follow:
|  | Location in Statement of Operations |  | Three Months Ended March 31,
(in thousands) |  |  | 2020 |  | 2019
Component of AOCI: |  |  |  |  |  |  |  |
Ownership share of equity method investees’ OCI |  | Cost of revenue |  | $ | (188 | ) |  | $ | (189 | )
Income tax benefit |  | Income tax expense (benefit) |  | 47 |  |  | 47 |
Net of tax |  |  |  | $ | (141 | ) |  | $ | (142 | )
Defined benefit pension plan adjustments |  | Corporate G&A |  | $ | (1,002 | ) |  | $ | (2,210 | )
Income tax benefit (expense) |  | Income tax expense (benefit) |  | (44 | ) |  | 146 |
Net of tax |  |  |  | $ | (1,046 | ) |  | $ | (2,064 | )
Unrealized gain (loss) on derivative contracts: |  |  |  |  |  |
Commodity and foreign currency contracts |  | Various accounts(1) |  | $ | 642 |  |  | $ | (845 | )
Interest rate contracts |  | Interest expense |  | (419 | ) |  | (420 | )
Income tax benefit (expense) |  | Income tax expense (benefit) |  | (4 | ) |  | 504 |
Net of tax |  |  |  | $ | 219 |  |  | $ | (761 | )
(1) Gains and losses on commodity and foreign currency derivative contracts were reclassified to "Cost of revenue" and "Corporate G&A".

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