XML 32 R18.htm IDEA: XBRL DOCUMENT v3.25.2
Remaining Unsatisfied Performance Obligations
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Remaining Unsatisfied Performance Obligations Contract Assets and Liabilities
The following summarizes information about our contract assets and liabilities:
(in millions)June 30,
2025		December 31, 2024
Information about contract assets:
Contract assets
Unbilled receivables - reimbursable contracts$1,394 $1,050 
Contract work in progress - lump-sum contracts95 88 
Contract assets$1,489 $1,138 
6ME
June 30,
(in millions)20252024
Information about contract liabilities:
Revenue recognized that was included in contract liabilities as of January 1$481 $430 
We periodically evaluate our project forecasts and the amounts recognized with respect to claims. We include estimated amounts for claims in project revenue to the extent it is probable we will realize those amounts. As of June 30, 2025 and December 31, 2024, we had recorded $233 million and $244 million, respectively, of revenue associated with claims for costs incurred to date. Additional costs, which will increase this balance over time, are expected to be incurred in future periods. We had $85 million and $23 million of back charges that may be disputed as of June 30, 2025 and December 31, 2024, respectively.
Remaining Unsatisfied Performance Obligations
We estimate that our RUPO will be satisfied over the following periods:
(in millions)June 30,
2025
Within 1 year$14,830 
1 to 2 years6,872 
Thereafter5,135 
Total RUPO$26,837