Earnings Per Share

3 Months Ended

Mar. 31, 2023

Potentially dilutive securities include CPS, stock options, RSUs and performance-based award units. Diluted EPS reflects the assumed exercise or conversion of all dilutive securities using the if-converted and treasury stock methods. In computing diluted EPS, only securities that are actually dilutive are included.


	3ME March 31,
(in millions, except per share amounts)	2023		2022
Net earnings (loss) attributable to Fluor	$	(107)	$	48
Less: Dividends on CPS	10		10
Net earnings (loss) available to Fluor common stockholders	(117)		38



Weighted average common shares outstanding	142		142
Dilutive effect:
CPS	—		—
Stock options, RSUs and performance-based award units	—		2
Weighted average diluted shares outstanding	142		144

Basic EPS available to Fluor common stockholders	$	(0.82)	$	0.27


Diluted EPS available to Fluor common stockholders	$	(0.82)	$	0.27


Anti-dilutive securities not included in shares outstanding:
CPS	27		27
Stock options, RSUs and performance-based award units	5		3