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Operating Information by Segment and Geographic Area (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Operating Information and Assets by Reportable Segment

						3ME June 30,												6ME June 30,
(in millions)						2025						2024						2025						2024
Revenue
Urban Solutions						$	2,070					$	1,831					$	4,227					$	3,309
Energy Solutions						1,143						1,595						2,349						3,028
Mission Solutions						762						704						1,358						1,305
Other						3						97						25						319
Total revenue						$	3,978					$	4,227					$	7,959					$	7,961
Cost of revenue
Urban Solutions						$	(2,069)					$	(1,722)					$	(4,150)					$	(3,148)
Energy Solutions						(1,126)						(1,520)						(2,284)						(2,884)
Mission Solutions						(723)						(661)						(1,312)						(1,235)
Other						(4)						(146)						(17)						(416)
Total cost of revenue						$	(3,922)					$	(4,049)					$	(7,762)					$	(7,683)
Segment profit (loss)
Urban Solutions						$	29					$	105					$	99					$	155
Energy Solutions						15						75						63						143
Mission Solutions						35						41						40						63
Other						(1)						(27)						8						(49)
Total segment profit						$	78					$	194					$	210					$	312
G&A						(52)						(50)						(88)						(110)
Foreign currency gain (loss)						(30)						48						(44)						60
Interest income (expense), net						17						38						34						77
Earnings (loss) attributable to NCI						(22)						(16)						(13)						(34)
Earnings (loss) before taxes						$	(9)					$	214					$	99					$	305
Intercompany revenue for our professional staffing business, excluded from revenue above						$	61					$	75					$	120					$	156

Total assets by segment are as follows:

(in millions)						June 30, 2025						December 31, 2024
Urban Solutions						$	1,906					$	1,472
Energy Solutions						737						729
Mission Solutions						886						734
Other						6						72
Corporate						3,253						3,870
Investment in NuScale						5,000						2,266
Total assets						$	11,788					$	9,143

Schedule of Operating Information by Geographic Area

Revenue by project location follows:

						3ME June 30,												6ME June 30,
(in millions)						2025						2024						2025						2024
North America						$	2,757					$	2,929					$	5,410					$	5,299
Asia Pacific (includes Australia)						306						558						622						1,001
Europe						723						558						1,564						1,333
Central and South America						146						136						285						203
Middle East and Africa						46						46						78						125
Total revenue						$	3,978					$	4,227					$	7,959					$	7,961

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- Definition

Tabular disclosure of information concerning assets located in identified geographic areas and the amount of revenue from external customers attributed to that country from which revenue is material.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-Publisher FASB
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