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Pay vs Performance Disclosure
pure in Millions
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE
The following information shows the relationship between “compensation actually paid” ​(as calculated pursuant to SEC rules) to our executive officers and certain performance metrics. For further information concerning how we align compensation delivery with performance, refer to the “Compensation Discussion and Analysis.”
​
(a)
​ ​
(b)
​ ​
(c)
​ ​
(d)
​ ​
(e)
​ ​
(f)
​ ​
(g)
​ ​
(h)
​ ​
(i)
​ ​
(j)
​ ​
(k)
​
​
Year
​ ​
Summary
Compensation
Table Total for
First CEO(1)
​ ​
Summary
Compensation
Table Total for
Second CEO(1)
​ ​
Compensation
Actually Paid to
First CEO(2)
​ ​
Compensation
Actually Paid to
Second CEO(2)
​ ​
Average
Summary
Compensation
Table Total for
Non-CEO NEOs(3)
​ ​
Average
Compensation
Actually Paid
to Non-CEO
NEOs(4)
 ​ ​
Value of Initial
Fixed $100
Investment Based
On:
​ ​
Net
Income
(in
millions)(7)
​ ​
EBITDA
(in millions)(8)
​
​
Company
TSR(5)
​ ​
Peer
Group
TSR(6)
​
​
2024
 ​ ​
N/A
​ ​ ​ $ 16,135,692 ​ ​ ​
N/A
​ ​ ​ $ 25,327,790 ​ ​ ​ ​ $ 2,849,975 ​ ​ ​ ​ $ 3,682,414 ​ ​ ​ ​ $ 264 ​ ​ ​ ​ $ 355 ​ ​ ​ ​ $ 2,084 ​ ​ ​ ​ $ 550 ​ ​
​
2023
 ​ ​
N/A
​ ​ ​ $ 18,877,290 ​ ​ ​
N/A
​ ​ ​ $ 29,720,741 ​ ​ ​ ​ $ 3,207,048 ​ ​ ​ ​ $ 4,483,947 ​ ​ ​ ​ $ 210 ​ ​ ​ ​ $ 252 ​ ​ ​ ​ $ 79 ​ ​ ​ ​ $ 624 ​ ​
​
2022
 ​ ​
N/A
​ ​ ​ $ 13,283,347 ​ ​ ​
N/A
​ ​ ​ $ 21,858,282 ​ ​ ​ ​ $ 3,370,535 ​ ​ ​ ​ $ 4,628,548 ​ ​ ​ ​ $ 186 ​ ​ ​ ​ $ 209 ​ ​ ​ ​ $ 73 ​ ​ ​ ​ $ 347 ​ ​
​
2021
 ​ ​
N/A
​ ​ ​ $ 10,859,187 ​ ​ ​
N/A
​ ​ ​ $ 16,004,797 ​ ​ ​ ​ $ 3,616,290 ​ ​ ​ ​ $ 5,014,009 ​ ​ ​ ​ $ 133 ​ ​ ​ ​ $ 181 ​ ​ ​ ​ $ (401) ​ ​ ​ ​ $ 359 ​ ​
​
2020
 ​ ​ ​ $ 11,236,632 ​ ​ ​
N/A
​ ​ ​ $ 12,552,838 ​ ​ ​
N/A
​ ​ ​ $ 2,998,369 ​ ​ ​ ​ $ 3,127,310 ​ ​ ​ ​ $ 85 ​ ​ ​ ​ $ 121 ​ ​ ​ ​ $ (367) ​ ​ ​ ​ $ 321 ​ ​
​
(1)
The amounts in columns (b) and (c) are the total compensation reported for Carlos Hernandez (our CEO for all of 2020, referred to herein as our “First CEO”) for 2020 and Mr. Constable (our CEO in 2024, 2023, 2022 and 2021, referred to herein as our “Second CEO”) for 2024, 2023, 2022 and 2021 in the “Total” column of the Summary Compensation Table.
​
(2)
The amounts in columns (d) and (e) represent the “compensation actually paid” to our CEO in each year, computed pursuant to SEC rules. The amounts do not reflect the actual amount of compensation earned or received by our CEO during the applicable year. The following adjustments were made to total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
Reported Summary
Compensation Table
Total for CEO
​ ​
Reported Value of
Equity Awards(a)
​ ​
Equity Award
Adjustments(b)
​ ​
Reported Change
in the Actuarial
Present Value of
Pension Benefits(c)
​ ​
Pension Benefit
Adjustments(d)
​ ​
Compensation
Actually Paid to CEO
​
​
2024
 ​ ​ ​ $ 16,135,692 ​ ​ ​ ​ $  (11,619,448) ​ ​ ​ ​ $ 20,811,546 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 25,327,790 ​ ​
​
2023
 ​ ​ ​ $ 18,877,290 ​ ​ ​ ​ $ (13,876,206) ​ ​ ​ ​ $ 24,719,657 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 29,720,741 ​ ​
​
2022
 ​ ​ ​ $ 13,283,347 ​ ​ ​ ​ $ (9,750,370) ​ ​ ​ ​ $ 18,325,305 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 21,858,282 ​ ​
​
2021
 ​ ​ ​ $ 10,859,187 ​ ​ ​ ​ $ (6,452,891) ​ ​ ​ ​ $ 11,598,501 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 16,004,797 ​ ​
​
2020
 ​ ​ ​ $ 11,236,632 ​ ​ ​ ​ $ (4,638,852) ​ ​ ​ ​ $ 5,955,058 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 12,552,838 ​ ​
​
(a)
The amounts in this column represent the grant date fair value of equity awards reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.
​
(b)
Equity award adjustments for each applicable are as follows:
​
​ ​ ​ ​
Year End Fair
Value of Equity
Awards Granted
During the Year
​ ​
Year over Year
Change in
Fair Value
of Outstanding
and Unvested
Equity Awards
Granted in
Prior Years
​ ​
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested
in the Year
​ ​
Change from End of
Prior Year to
Vesting Date in
Fair Value of Equity
Awards Granted in
Prior Years that
Vested in the Year
​ ​
Fair Value at the
End of the Prior
Year of Equity
Awards Forfeited
in the Year
​ ​
Value of Dividends or
other Earnings Paid
on Stock or Option
Awards not
Otherwise Reflected
in Fair Value or Total
Compensation
​ ​
Total Equity
Award
Adjustments
​
​
2024
 ​ ​ ​ $ 15,003,854 ​ ​ ​ ​ $ 6,376,956 ​ ​ ​ ​ $ — ​ ​ ​ ​ $  (569,264) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 20,811,546 ​ ​
​
2023
 ​ ​ ​ $ 21,428,426 ​ ​ ​ ​ $ 2,686,054 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 605,177 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 24,719,657 ​ ​
​
2022
 ​ ​ ​ $ 12,366,554 ​ ​ ​ ​ $ 5,296,626 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 662,125 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 18,325,305 ​ ​
​
2021
 ​ ​ ​ $ 8,582,890 ​ ​ ​ ​ $ 2,427,575 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 588,036 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 11,598,501 ​ ​
​
2020
 ​ ​ ​ $ 6,473,374 ​ ​ ​ ​ $ (9,191) ​ ​ ​ ​ $ — ​ ​ ​ ​ $  (541,512) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 32,387 ​ ​ ​ ​ $ 5,955,058 ​ ​
​
(c)
The amounts in this column are the amounts reported in “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table for the applicable year.
​
(d)
There were no pension benefit adjustments in the applicable years.
​
(3)
The amounts in column (f) represent the average of the amounts reported for our NEOs (other than our CEOs) as a group (the “Non-CEO NEOs”) in the “Total” column of the Summary Compensation Table in each applicable year. The Non-CEO NEOs included for calculating the average amounts in each year are: (i) for 2024, Joseph R. Breuer, Joseph L. Brennan, Stacy L. Dillow, Mark E. Fields and John R. Reynolds; (ii) for 2023, Joseph L. Brennan, Stacy L. Dillow, Mark E. Fields and John R. Reynolds; (iii) for 2022, Alan L. Boeckmann, Joseph L. Brennan, Thomas P. D’Agostino, Mark E. Fields and John R. Reynolds; (iv) for 2021, Alan L. Boeckmann, Joseph L. Brennan, Thomas P. D’Agostino, Mark E. Fields and Garry W. Flowers; and (v) for 2020, Alan L. Boeckmann, Joseph L. Brennan, David E. Constable, Garry W. Flowers, Rick Koumouris and D. Michael Steuert.
​
(4)
The amounts in column (g) represent the average amount of  “compensation actually paid” to the Non-CEO NEOs as a group, as computed in accordance with SEC rules. The following adjustments were made to average total compensation for each year to determine the compensation actually paid, using the same methodology described above in Note 2:
​
​ ​ ​ ​
Average Reported
Summary
Compensation
Table Total for
Non-CEO NEOs
​ ​
Average Reported
Value of Equity
Awards
​ ​
Average Equity
Award
Adjustments(a)
​ ​
Average Reported
Change in the
Actuarial Present
Value of Pension
Benefits
​ ​
Average Pension
Benefit
Adjustments(b)
​ ​
Average
Compensation
Actually Paid to
Non-CEO NEOs
​
​
2024
 ​ ​ ​ $ 2,849,975 ​ ​ ​ ​ $  (1,373,198) ​ ​ ​ ​ $ 2,205,637 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 3,682,414 ​ ​
​
2023
 ​ ​ ​ $ 3,207,048 ​ ​ ​ ​ $ (1,580,247) ​ ​ ​ ​ $ 2,857,146 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 4,483,947 ​ ​
​
2022
 ​ ​ ​ $ 3,370,535 ​ ​ ​ ​ $ (1,923,403) ​ ​ ​ ​ $ 3,181,415 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 4,628,548 ​ ​
​
2021
 ​ ​ ​ $ 3,616,290 ​ ​ ​ ​ $ (1,883,783) ​ ​ ​ ​ $ 3,281,502 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 5,014,009 ​ ​
​
2020
 ​ ​ ​ $ 2,998,369 ​ ​ ​ ​ $ (1,735,481) ​ ​ ​ ​ $ 1,964,454 ​ ​ ​ ​ $  (114,500) ​ ​ ​ ​ $ 14,467 ​ ​ ​ ​ $ 3,127,310 ​ ​
​
(a)
The amounts deducted or added in calculating the total average equity award adjustments are as follows:
​
​ ​ ​ ​
Average Year
End Fair Value
of Equity
Awards
Granted
During the Year
​ ​
Year over Year
Average Change in
Fair Value of
Outstanding and
Unvested Equity
Awards
Granted in
Prior Years
​ ​
Average Fair Value
as of Vesting Date
of Equity Awards
Granted and
Vested in
the Year
​ ​
Average Change
from End of Prior
Year to Vesting
Date in Fair Value of
Equity Awards
Granted in Prior
Years that Vested
in the Year
​ ​
Average Fair Value
at the End of the
Prior Year of
Equity Awards
Forfeited in the Year
​ ​
Average Value of
Dividends or other
Earnings Paid on
Stock or Option
Awards not
Otherwise Reflected
in Fair Value or Total
Compensation
​ ​
Total Average
Equity Award
Adjustments
​
​
2024
 ​ ​ ​ $ 1,784,819 ​ ​ ​ ​ $ 573,965 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (153,147) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 2,205,637 ​ ​
​
2023
 ​ ​ ​ $ 2,450,043 ​ ​ ​ ​ $ 258,057 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 149,046 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 2,857,146 ​ ​
​
2022
 ​ ​ ​ $ 1,603,743 ​ ​ ​ ​ $ 1,484,252 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 86,442 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 6,978 ​ ​ ​ ​ $ 3,181,415 ​ ​
​
2021
 ​ ​ ​ $ 2,313,069 ​ ​ ​ ​ $ 989,321 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 140,923 ​ ​ ​ ​ $  (169,087) ​ ​ ​ ​ $ 7,276 ​ ​ ​ ​ $ 3,281,502 ​ ​
​
2020
 ​ ​ ​ $ 2,057,954 ​ ​ ​ ​ $ (36,950) ​ ​ ​ ​ $ 41,050 ​ ​ ​ ​ $  (106,541) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 8,941 ​ ​ ​ ​ $ 1,964,454 ​ ​
​
(b)
The average pension benefit adjustment for 2020 reflects the average actuarially determined service cost for services rendered by the non-CEO NEOs during the year (the “service cost”). There were no prior service costs attributable to any of the non-CEO NEOs for any year reported.
​
(5)
Cumulative TSR is calculated based on the value of an initial fixed investment of  $100 on December 31, 2019, assuming reinvestment of dividends.
​
(6)
The peer group used for calculating peer group TSR is the Dow Jones Heavy Construction Industry Group Index.
​
(7)
The amounts in column (h) represent net earnings (loss) reflected in our audited financial statements for the applicable year.
​
(8)
EBITDA is defined as earnings before interest, taxes, depreciation and amortization. EBITDA in our incentive plans excludes certain items discussed above in the “Compensation Discussion and Analysis” under “— Performance Measures for 2024.”
​
While we use numerous financial and non-financial performance measures for the purpose of evaluating performance for our compensation programs, we have determined that EBITDA is the financial performance measure that, in our assessment, represents the most important performance measure that we used to link NEO compensation actually paid to our performance for the most recently completed fiscal year.
       
Company Selected Measure Name EBITDA        
Named Executive Officers, Footnote
(1)
The amounts in columns (b) and (c) are the total compensation reported for Carlos Hernandez (our CEO for all of 2020, referred to herein as our “First CEO”) for 2020 and Mr. Constable (our CEO in 2024, 2023, 2022 and 2021, referred to herein as our “Second CEO”) for 2024, 2023, 2022 and 2021 in the “Total” column of the Summary Compensation Table.
(3)
The amounts in column (f) represent the average of the amounts reported for our NEOs (other than our CEOs) as a group (the “Non-CEO NEOs”) in the “Total” column of the Summary Compensation Table in each applicable year. The Non-CEO NEOs included for calculating the average amounts in each year are: (i) for 2024, Joseph R. Breuer, Joseph L. Brennan, Stacy L. Dillow, Mark E. Fields and John R. Reynolds; (ii) for 2023, Joseph L. Brennan, Stacy L. Dillow, Mark E. Fields and John R. Reynolds; (iii) for 2022, Alan L. Boeckmann, Joseph L. Brennan, Thomas P. D’Agostino, Mark E. Fields and John R. Reynolds; (iv) for 2021, Alan L. Boeckmann, Joseph L. Brennan, Thomas P. D’Agostino, Mark E. Fields and Garry W. Flowers; and (v) for 2020, Alan L. Boeckmann, Joseph L. Brennan, David E. Constable, Garry W. Flowers, Rick Koumouris and D. Michael Steuert.
       
Peer Group Issuers, Footnote
(6)
The peer group used for calculating peer group TSR is the Dow Jones Heavy Construction Industry Group Index.
       
Adjustment To PEO Compensation, Footnote
(2)
The amounts in columns (d) and (e) represent the “compensation actually paid” to our CEO in each year, computed pursuant to SEC rules. The amounts do not reflect the actual amount of compensation earned or received by our CEO during the applicable year. The following adjustments were made to total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
Reported Summary
Compensation Table
Total for CEO
​ ​
Reported Value of
Equity Awards(a)
​ ​
Equity Award
Adjustments(b)
​ ​
Reported Change
in the Actuarial
Present Value of
Pension Benefits(c)
​ ​
Pension Benefit
Adjustments(d)
​ ​
Compensation
Actually Paid to CEO
​
​
2024
 ​ ​ ​ $ 16,135,692 ​ ​ ​ ​ $  (11,619,448) ​ ​ ​ ​ $ 20,811,546 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 25,327,790 ​ ​
​
2023
 ​ ​ ​ $ 18,877,290 ​ ​ ​ ​ $ (13,876,206) ​ ​ ​ ​ $ 24,719,657 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 29,720,741 ​ ​
​
2022
 ​ ​ ​ $ 13,283,347 ​ ​ ​ ​ $ (9,750,370) ​ ​ ​ ​ $ 18,325,305 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 21,858,282 ​ ​
​
2021
 ​ ​ ​ $ 10,859,187 ​ ​ ​ ​ $ (6,452,891) ​ ​ ​ ​ $ 11,598,501 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 16,004,797 ​ ​
​
2020
 ​ ​ ​ $ 11,236,632 ​ ​ ​ ​ $ (4,638,852) ​ ​ ​ ​ $ 5,955,058 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 12,552,838 ​ ​
​
(a)
The amounts in this column represent the grant date fair value of equity awards reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.
​
(b)
Equity award adjustments for each applicable are as follows:
​
​ ​ ​ ​
Year End Fair
Value of Equity
Awards Granted
During the Year
​ ​
Year over Year
Change in
Fair Value
of Outstanding
and Unvested
Equity Awards
Granted in
Prior Years
​ ​
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested
in the Year
​ ​
Change from End of
Prior Year to
Vesting Date in
Fair Value of Equity
Awards Granted in
Prior Years that
Vested in the Year
​ ​
Fair Value at the
End of the Prior
Year of Equity
Awards Forfeited
in the Year
​ ​
Value of Dividends or
other Earnings Paid
on Stock or Option
Awards not
Otherwise Reflected
in Fair Value or Total
Compensation
​ ​
Total Equity
Award
Adjustments
​
​
2024
 ​ ​ ​ $ 15,003,854 ​ ​ ​ ​ $ 6,376,956 ​ ​ ​ ​ $ — ​ ​ ​ ​ $  (569,264) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 20,811,546 ​ ​
​
2023
 ​ ​ ​ $ 21,428,426 ​ ​ ​ ​ $ 2,686,054 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 605,177 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 24,719,657 ​ ​
​
2022
 ​ ​ ​ $ 12,366,554 ​ ​ ​ ​ $ 5,296,626 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 662,125 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 18,325,305 ​ ​
​
2021
 ​ ​ ​ $ 8,582,890 ​ ​ ​ ​ $ 2,427,575 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 588,036 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 11,598,501 ​ ​
​
2020
 ​ ​ ​ $ 6,473,374 ​ ​ ​ ​ $ (9,191) ​ ​ ​ ​ $ — ​ ​ ​ ​ $  (541,512) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 32,387 ​ ​ ​ ​ $ 5,955,058 ​ ​
​
(c)
The amounts in this column are the amounts reported in “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table for the applicable year.
​
(d)
There were no pension benefit adjustments in the applicable years.
       
Non-PEO NEO Average Total Compensation Amount $ 2,849,975 $ 3,207,048 $ 3,370,535 $ 3,616,290 $ 2,998,369
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,682,414 4,483,947 4,628,548 5,014,009 3,127,310
Adjustment to Non-PEO NEO Compensation Footnote
(4)
The amounts in column (g) represent the average amount of  “compensation actually paid” to the Non-CEO NEOs as a group, as computed in accordance with SEC rules. The following adjustments were made to average total compensation for each year to determine the compensation actually paid, using the same methodology described above in Note 2:
​
​ ​ ​ ​
Average Reported
Summary
Compensation
Table Total for
Non-CEO NEOs
​ ​
Average Reported
Value of Equity
Awards
​ ​
Average Equity
Award
Adjustments(a)
​ ​
Average Reported
Change in the
Actuarial Present
Value of Pension
Benefits
​ ​
Average Pension
Benefit
Adjustments(b)
​ ​
Average
Compensation
Actually Paid to
Non-CEO NEOs
​
​
2024
 ​ ​ ​ $ 2,849,975 ​ ​ ​ ​ $  (1,373,198) ​ ​ ​ ​ $ 2,205,637 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 3,682,414 ​ ​
​
2023
 ​ ​ ​ $ 3,207,048 ​ ​ ​ ​ $ (1,580,247) ​ ​ ​ ​ $ 2,857,146 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 4,483,947 ​ ​
​
2022
 ​ ​ ​ $ 3,370,535 ​ ​ ​ ​ $ (1,923,403) ​ ​ ​ ​ $ 3,181,415 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 4,628,548 ​ ​
​
2021
 ​ ​ ​ $ 3,616,290 ​ ​ ​ ​ $ (1,883,783) ​ ​ ​ ​ $ 3,281,502 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 5,014,009 ​ ​
​
2020
 ​ ​ ​ $ 2,998,369 ​ ​ ​ ​ $ (1,735,481) ​ ​ ​ ​ $ 1,964,454 ​ ​ ​ ​ $  (114,500) ​ ​ ​ ​ $ 14,467 ​ ​ ​ ​ $ 3,127,310 ​ ​
​
(a)
The amounts deducted or added in calculating the total average equity award adjustments are as follows:
​
​ ​ ​ ​
Average Year
End Fair Value
of Equity
Awards
Granted
During the Year
​ ​
Year over Year
Average Change in
Fair Value of
Outstanding and
Unvested Equity
Awards
Granted in
Prior Years
​ ​
Average Fair Value
as of Vesting Date
of Equity Awards
Granted and
Vested in
the Year
​ ​
Average Change
from End of Prior
Year to Vesting
Date in Fair Value of
Equity Awards
Granted in Prior
Years that Vested
in the Year
​ ​
Average Fair Value
at the End of the
Prior Year of
Equity Awards
Forfeited in the Year
​ ​
Average Value of
Dividends or other
Earnings Paid on
Stock or Option
Awards not
Otherwise Reflected
in Fair Value or Total
Compensation
​ ​
Total Average
Equity Award
Adjustments
​
​
2024
 ​ ​ ​ $ 1,784,819 ​ ​ ​ ​ $ 573,965 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (153,147) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 2,205,637 ​ ​
​
2023
 ​ ​ ​ $ 2,450,043 ​ ​ ​ ​ $ 258,057 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 149,046 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 2,857,146 ​ ​
​
2022
 ​ ​ ​ $ 1,603,743 ​ ​ ​ ​ $ 1,484,252 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 86,442 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 6,978 ​ ​ ​ ​ $ 3,181,415 ​ ​
​
2021
 ​ ​ ​ $ 2,313,069 ​ ​ ​ ​ $ 989,321 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 140,923 ​ ​ ​ ​ $  (169,087) ​ ​ ​ ​ $ 7,276 ​ ​ ​ ​ $ 3,281,502 ​ ​
​
2020
 ​ ​ ​ $ 2,057,954 ​ ​ ​ ​ $ (36,950) ​ ​ ​ ​ $ 41,050 ​ ​ ​ ​ $  (106,541) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 8,941 ​ ​ ​ ​ $ 1,964,454 ​ ​
​
(b)
The average pension benefit adjustment for 2020 reflects the average actuarially determined service cost for services rendered by the non-CEO NEOs during the year (the “service cost”). There were no prior service costs attributable to any of the non-CEO NEOs for any year reported.
       
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid and Cumulative TSR
[MISSING IMAGE: bc_cumulative-pn.jpg]
       
Compensation Actually Paid vs. Net Income
Compensation Actually Paid and Net Income
[MISSING IMAGE: bc_netincome-pn.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid and EBITDA
[MISSING IMAGE: bc_apvsebitda-pn.jpg]
       
Total Shareholder Return Vs Peer Group
[MISSING IMAGE: lc_peergroup-pn.jpg]
       
Tabular List, Table
Financial Performance Measures
As described in greater detail in the “Compensation Discussion and Analysis,” our executive compensation program is designed to link pay with performance by establishing rigorous goals for our performance-based incentives. As required by SEC rules, the table below presents a list of performance measures, which in our assessment represent the most important performance measures we used in 2024 to link executive compensation actually paid to our NEOs to our performance. These performance measures are defined in the “Compensation Discussion and Analysis” under “— Performance Measures for 2024,” under “2024 Performance Awards,” and under “Achievement for 2022-2024 Performance Awards”:
​
Most Important Financial Performance Measures
​
​
EBITDA
​
​
Cash Flow from Segments
​
​
EBT
​
​
EPS
​
​
ROIC
​
​
Relative TSR
 ​
       
Total Shareholder Return Amount $ 264 210 186 133 85
Peer Group Total Shareholder Return Amount 355 252 209 181 121
Net Income (Loss) $ 2,084,000,000 $ 79,000,000 $ 73,000,000 $ (401,000,000) $ (367,000,000)
Company Selected Measure Amount 550 624 347 359 321
PEO Name Mr. Constable        
Measure:: 1          
Pay vs Performance Disclosure          
Name EBITDA        
Non-GAAP Measure Description
(8)
EBITDA is defined as earnings before interest, taxes, depreciation and amortization. EBITDA in our incentive plans excludes certain items discussed above in the “Compensation Discussion and Analysis” under “— Performance Measures for 2024.”
​
While we use numerous financial and non-financial performance measures for the purpose of evaluating performance for our compensation programs, we have determined that EBITDA is the financial performance measure that, in our assessment, represents the most important performance measure that we used to link NEO compensation actually paid to our performance for the most recently completed fiscal year.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Cash Flow from Segments        
Measure:: 3          
Pay vs Performance Disclosure          
Name EBT        
Measure:: 4          
Pay vs Performance Disclosure          
Name EPS        
Measure:: 5          
Pay vs Performance Disclosure          
Name ROIC        
Measure:: 6          
Pay vs Performance Disclosure          
Name Relative TSR        
Carlos Hernandez [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount       $ 11,236,632
PEO Actually Paid Compensation Amount 12,552,838
Mr. Constable [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 16,135,692 18,877,290 13,283,347 10,859,187
PEO Actually Paid Compensation Amount 25,327,790 29,720,741 21,858,282 16,004,797
PEO | Carlos Hernandez [Member] | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Carlos Hernandez [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         5,955,058
PEO | Carlos Hernandez [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (4,638,852)
PEO | Carlos Hernandez [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         6,473,374
PEO | Carlos Hernandez [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (9,191)
PEO | Carlos Hernandez [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Carlos Hernandez [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (541,512)
PEO | Carlos Hernandez [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         32,387
PEO | Carlos Hernandez [Member] | Total Net Adjustments For Pension [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Carlos Hernandez [Member] | Fair Value at the End of the Prior Year of Equity Awards Forfeited in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Mr. Constable [Member] | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
PEO | Mr. Constable [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 20,811,546 24,719,657 18,325,305 11,598,501  
PEO | Mr. Constable [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (11,619,448) (13,876,206) (9,750,370) (6,452,891)  
PEO | Mr. Constable [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 15,003,854 21,428,426 12,366,554 8,582,890  
PEO | Mr. Constable [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,376,956 2,686,054 5,296,626 2,427,575  
PEO | Mr. Constable [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
PEO | Mr. Constable [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (569,264) 605,177 662,125 588,036  
PEO | Mr. Constable [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
PEO | Mr. Constable [Member] | Total Net Adjustments For Pension [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
PEO | Mr. Constable [Member] | Fair Value at the End of the Prior Year of Equity Awards Forfeited in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
Non-PEO NEO | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (114,500)
Non-PEO NEO | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,205,637 2,857,146 3,181,415 3,281,502 1,964,454
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,373,198) (1,580,247) (1,923,403) (1,883,783) (1,735,481)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,784,819 2,450,043 1,603,743 2,313,069 2,057,954
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 573,965 258,057 1,484,252 989,321 (36,950)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 41,050
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (153,147) 149,046 86,442 140,923 (106,541)
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,978 7,276 8,941
Non-PEO NEO | Total Net Adjustments For Pension [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 14,467
Non-PEO NEO | Fair Value at the End of the Prior Year of Equity Awards Forfeited in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (169,087)