XML 40 R56.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt And Other Credit Facilities (Details)
3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Mar. 31, 2015
Debt To EBITDA Ratio [Member]
Mar. 31, 2015
Maximum [Member]
Revolving Credit Facility [Member]
Mar. 31, 2015
Revolving Credit Facility [Member]
USD ($)
Dec. 31, 2014
Revolving Credit Facility [Member]
USD ($)
Dec. 02, 2011
Revolving Credit Facility [Member]
USD ($)
Mar. 31, 2015
Revolving Credit Facility [Member]
Maximum [Member]
USD ($)
Mar. 31, 2015
Revolving Credit Facility [Member]
Minimum [Member]
Mar. 31, 2015
Letters Of Credit, Surety Bonds And Bank Guarantees [Member]
Credit Agreement [Member]
USD ($)
Mar. 31, 2015
Nonrecourse Project Finance Debt [Member]
GBP (£)
Mar. 31, 2015
Fasttrax Limited Project [Member]
United States of America, Dollars
Nonrecourse Project Finance Debt [Member]
USD ($)
Mar. 31, 2015
Class A 3.5% Index Linked Bonds [Member]
United States of America, Dollars
USD ($)
Mar. 31, 2015
Class B 5.9% Fixed Rate Bonds [Member]
United States of America, Dollars
USD ($)
Line of Credit Facility [Line Items]                            
Secured Debt                         $ 79,000,000us-gaap_SecuredDebt
/ us-gaap_CurrencyAxis
= currency_USD
/ us-gaap_StatementClassOfStockAxis
= kbr_ClassThreePointFivePercentageIndexLinkedBondsMember
$ 24,000,000us-gaap_SecuredDebt
/ us-gaap_CurrencyAxis
= currency_USD
/ us-gaap_StatementClassOfStockAxis
= kbr_ClassBFivePointNinePercentageFixedRateBondsMember
Line of credit facility, maximum borrowing capacity             1,000,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
             
LIBOR applicable margin       1.75%kbr_LiborApplicableMargin
/ us-gaap_LineOfCreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
        1.50%kbr_LiborApplicableMargin
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
         
Base rate applicable margin               0.75%kbr_BaseRateApplicableMargin
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
0.50%kbr_BaseRateApplicableMargin
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
         
Percent added to federal fund rate         0.50%kbr_PercentAddedToFederalFundRate
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Percent added to LIBOR         1.00%kbr_PercentAddedToLibor
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Percentage of LIBOR applicable margin for performance letters of credit         50.00%kbr_PercentageOfLiborApplicableMarginForPerformanceLettersOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Amounts advanced bear interest at variable rates Amounts drawn under the Credit Agreement will bear interest at variable rates, per annum, based either on (1) the London interbank offered rate (“LIBOR”) plus an applicable margin of 1.50% to 1.75%, or (2) a base rate plus an applicable margin of 0.50% to 0.75%, with the base rate equal to the highest of (a) reference bank’s publicly announced base rate, (b) the Federal Funds Rate plus 0.5%, or (c) LIBOR plus 1%. The amount of the applicable margin to be applied will be determined by the Company’s ratio of consolidated debt to consolidated EBITDA for the prior four fiscal quarters, as defined in the Credit Agreement. The Credit Agreement provides for fees on letters of credit issued under the Credit Agreement at a rate equal to the applicable margin for LIBOR-based loans, except for performance letters of credit, which are priced at 50% of such applicable margin. KBR pays an issuance fee of 0.15% of the face amount of a letter of credit. KBR also pays a commitment fee of 0.25%, per annum, on any unused portion of the commitment under the Credit Agreement.                          
Letter of credit fronting commitments         0.25%kbr_LetterOfCreditFrontingCommitmentsFeePercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Letter of credit fee charged on issuance         0.15%kbr_LetterOfCreditIssuanceFee
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Letters of credit, outstanding amount                   165,000,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= kbr_LettersOfCreditSuretyBondsAndBankGuaranteesMember
/ us-gaap_LineOfCreditFacilityAxis
= kbr_CreditAgreementMember
       
Line of credit facility terms     3.5 to 1                      
Minimum consolidated net worth base in addition to certain percentage of consolidated net income and increase in shareholders' equity attributable to the sale of equity interests           1,500,000,000us-gaap_MinimumNetWorthRequiredForCompliance
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
               
Consolidated net income percentage         50.00%kbr_ConsolidatedNetIncomePercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Increase in shareholders' equity attributable to the sale of equity securities percentage         100.00%kbr_IncreaseInShareholdersEquityAttributableToSaleOfEquitySecuritiesPercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Principal amount of of additional indebtedness parent company may incur under Credit Agreement provisions               200,000,000kbr_AllowedAdditionalDebtOfParentUnderCreditAgreement
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Principal amount of unsecured indebtedness our subsidiaries may incur under Credit Agreement provisions               200,000,000kbr_AllowedAdditionalDebtOfSubsidiariesUnderCreditAgreement
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Base dollar amount of share and equity repurchases cap               750,000,000kbr_BaseAmountOfShareholderDividendsAndEquityRepurchases
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Additional amount of equity repurchases allowed under Credit Agreement pending the resolution of PEMEX litigation.         400,000,000kbr_AdditionalAmountOfShareholderDividendsAndEquityRepurchases
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Remaining availability under equity repurchase distribution cap         441,000,000kbr_RemainingAvailabilityUnderShareholderDividendsAndEquityRepurchases
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
                 
Equity method investment, ownership percentage                     50.00%us-gaap_EquityMethodInvestmentOwnershipPercentage
/ us-gaap_DebtInstrumentAxis
= kbr_NonrecourseProjectFinanceDebtMember
     
Number of heavy equipment transporters                     91kbr_NumberOfHeavyEquipmentTransporters
/ us-gaap_DebtInstrumentAxis
= kbr_NonrecourseProjectFinanceDebtMember
     
Number of heavy equipment transporters, term period, in years                     22 years      
Nonrecourse project debt 60,000,000us-gaap_NonRecourseDebt 63,000,000us-gaap_NonRecourseDebt                 84,900,000us-gaap_NonRecourseDebt
/ us-gaap_DebtInstrumentAxis
= kbr_NonrecourseProjectFinanceDebtMember
120,000,000us-gaap_NonRecourseDebt
/ us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationByPropertyOrProjectAxis
= kbr_FasttraxLimitedProjectMember
/ us-gaap_CurrencyAxis
= currency_USD
/ us-gaap_DebtInstrumentAxis
= kbr_NonrecourseProjectFinanceDebtMember
   
Non-recourse debt bridge financing                     £ 12,200,000kbr_NonRecourseDebtBridgeFinancing
/ us-gaap_DebtInstrumentAxis
= kbr_NonrecourseProjectFinanceDebtMember
$ 17,000,000kbr_NonRecourseDebtBridgeFinancing
/ us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationByPropertyOrProjectAxis
= kbr_FasttraxLimitedProjectMember
/ us-gaap_CurrencyAxis
= currency_USD
/ us-gaap_DebtInstrumentAxis
= kbr_NonrecourseProjectFinanceDebtMember