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Contract Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Contract Assets and Liabilities

The following summarizes information about our contract assets and liabilities:

			December 31,
(in millions)			2024						2023
Information about contract assets:
Contract assets
Unbilled receivables - reimbursable contracts			$	1,050					$	854
Contract work in progress - lump sum contracts			88						137
Contract assets			$	1,138					$	991
			Year Ended December 31,
			2024						2023
Information about contract liabilities:
Revenue recognized that was included in contract liabilities as of January 1			$	511					$	616

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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- References

No definition available.

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