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v3.3.1.900

Debt And Other Credit Facilities (Details) £ in Millions, $ in Millions | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Dec. 31, 2015 USD ($) | Dec. 31, 2015 GBP (£) | Sep. 25, 2015 USD ($) | Dec. 31, 2014 USD ($)
Line of Credit Facility [Line Items] |  |  |  |
Amounts advanced bear interest at variable rates | Amounts drawn under the Credit Agreement will bear interest at variable rates, per annum, based either on (i) the London interbank offered rate ("LIBOR") plus an applicable margin of 1.375% to 1.75%, or (ii) a base rate plus an applicable margin of 0.375% 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 annual issuance fee of 0.125% of the face amount of a letter of credit and pays a commitment fee of 0.225% to 0.25%, per annum, on any unused portion of the commitment under the Credit Agreement based on the Company's consolidated leverage ratio. |  |  |
Nonrecourse project debt | $ 51 |  |  | $ 63
Debt To EBITDA Ratio [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Line of credit facility terms | 3.5 to 1 |  |  |
Maximum [Member] | Revolving Credit Facility [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
LIBOR applicable margin | 1.75% |  |  |
AdditionalAggregateCommitmentsIncreaseLimit [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Line of credit facility, maximum borrowing capacity |  |  | $ 500 |
Revolving Credit Facility [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Line of credit facility, maximum borrowing capacity |  |  | $ 1,000 |
Percent added to federal fund rate | 0.50% |  |  |
Percent added to LIBOR | 1.00% |  |  |
Percentage of LIBOR applicable margin for performance letters of credit | 50.00% |  |  |
Letter of credit fee charged on issuance | 0.125% |  |  |
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 | $ 1,200 |  |  |
Consolidated net income percentage | 50.00% | 50.00% |  |
Increase in shareholders' equity attributable to the sale of equity securities percentage | 100.00% | 100.00% |  |
Additional amount of equity repurchases allowed under Credit Agreement pending the resolution of PEMEX litigation. | $ 400 |  |  |
Remaining availability under equity repurchase distribution cap | $ 698 |  |  |
Revolving Credit Facility [Member] | Maximum [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Base rate applicable margin | 0.75% |  |  |
Letter of credit fronting commitments | 0.25% |  |  |
Principal amount of of additional indebtedness parent company may incur under Credit Agreement provisions | $ 200 |  |  |
Principal amount of unsecured indebtedness our subsidiaries may incur under Credit Agreement provisions | 200 |  |  |
Base dollar amount of share and equity repurchases cap | $ 750 |  |  |
Revolving Credit Facility [Member] | Minimum [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
LIBOR applicable margin | 1.375% |  |  |
Base rate applicable margin | 0.375% |  |  |
Letter of credit fronting commitments | 0.225% |  |  |
Letters Of Credit, Surety Bonds And Bank Guarantees [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Letters of credit, outstanding amount | $ 593 |  |  |
LettersOfCreditOutstandingLongerMaturity | 0 |  |  |
Committed and uncommitted lines of credit, total | 2,200 |  |  |
Letters of credit outstanding relate to joint venture operations | 236 |  |  |
Letters Of Credit, Surety Bonds And Bank Guarantees [Member] | Credit Agreement [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Letters of credit, outstanding amount | 127 |  |  |
Letters Of Credit, Surety Bonds And Bank Guarantees [Member] | Uncommitted Bank Lines [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Letters of credit, outstanding amount | $ 466 |  |  |
Nonrecourse Project Finance Debt [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Equity Method Investment, Ownership Percentage | 50.00% | 50.00% |  |
Number of heavy equipment transporters | 91 |  |  |
Number of heavy equipment transporters, term period, in years | 22 years |  |  |
Nonrecourse project debt | £ |  | £ 84.9 |  |
Non-recourse debt bridge financing | £ |  | £ 12.2 |  |
Fasttrax Limited Project [Member] | United States of America, Dollars | Nonrecourse Project Finance Debt [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Nonrecourse project debt | $ 120 |  |  |
Non-recourse debt bridge financing | 17 |  |  |
Class A 3.5% Index Linked Bonds [Member] | United States of America, Dollars |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Secured Debt | 79 |  |  |
Class B 5.9% Fixed Rate Bonds [Member] | United States of America, Dollars |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Secured Debt | $ 24 |  |  |

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