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Quarterly Data | 12 Months Ended
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Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Data | Quarterly Data (Unaudited) Summarized quarterly financial data for the years ended December 31, 2015 and 2014 is presented in the following table. In the following table, the sum of basic and diluted “Net income (loss) attributable to KBR per share” for the four quarters may differ from the annual amounts due to the required method of computing weighted average number of shares in the respective periods. Additionally, due to the effect of rounding, the sum of the individual quarterly earnings per share amounts may not equal the calculated year earnings per share amount.
(Dollars in millions, except per share amounts) | First |  | Second |  | Third |  | Fourth |  | Year
2015 |  |  |  |  |  |  |  |  |
Total revenues | $ | 1,436 |  |  | $ | 1,381 |  |  | $ | 1,199 |  |  | $ | 1,080 |  |  | $ | 5,096 |
Gross profit | 70 |  |  | 74 |  |  | 87 |  |  | 94 |  |  | 325 |
Equity in earnings of unconsolidated affiliates | 35 |  |  | 53 |  |  | 35 |  |  | 26 |  |  | 149 |
Operating income | 64 |  |  | 96 |  |  | 75 |  |  | 75 |  |  | 310 |
Net income | 51 |  |  | 68 |  |  | 59 |  |  | 48 |  |  | 226 |
Net income attributable to noncontrolling interests | (7 | ) |  | (6 | ) |  | (4 | ) |  | (6 | ) |  | (23 | )
Net income attributable to KBR | 44 |  |  | 62 |  |  | 55 |  |  | 42 |  |  | 203 |
Net income attributable to KBR per share: |  |  |  |  |  |  |  |  |
Net income attributable to KBR per share—Basic | $ | 0.30 |  |  | $ | 0.43 |  |  | $ | 0.38 |  |  | $ | 0.29 |  |  | $ | 1.40 |
Net income attributable to KBR per share—Diluted | $ | 0.30 |  |  | $ | 0.43 |  |  | $ | 0.38 |  |  | $ | 0.29 |  |  | $ | 1.40 |
(Dollars in millions, except per share amounts) | First |  | Second |  | Third |  | Fourth |  | Year
2014 |  |  |  |  |  |  |  |  |
Total revenues | $ | 1,633 |  |  | $ | 1,659 |  |  | $ | 1,657 |  |  | $ | 1,417 |  |  | $ | 6,366 |
Gross profit (loss) (a) | 39 |  |  | 28 |  |  | 30 |  |  | (162 | ) |  | (65 | )
Equity in earnings of unconsolidated affiliates | 31 |  |  | 49 |  |  | 38 |  |  | 45 |  |  | 163 |
Operating income (loss) (b) | 10 |  |  | 25 |  |  | 10 |  |  | (839 | ) |  | (794 | )
Net income (loss) (c) | (20 | ) |  | 8 |  |  | 45 |  |  | (1,231 | ) |  | (1,198 | )
Net income attributable to noncontrolling interests | (23 | ) |  | (16 | ) |  | (15 | ) |  | (10 | ) |  | (64 | )
Net income (loss) attributable to KBR | (43 | ) |  | (8 | ) |  | 30 |  |  | (1,241 | ) |  | (1,262 | )
Net income (loss) attributable to KBR per share: |  |  |  |  |  |  |  |  |
Net income (loss) attributable to KBR per share—Basic | $ | (0.29 | ) |  | $ | (0.06 | ) |  | $ | 0.21 |  |  | $ | (8.57 | ) |  | $ | (8.66 | )
Net income (loss) attributable to KBR per share—Diluted | $ | (0.29 | ) |  | $ | (0.06 | ) |  | $ | 0.21 |  |  | $ | (8.57 | ) |  | $ | (8.66 | )
(a) | The losses in gross profit in the fourth quarter of 2014 reflect changes in cost estimates increasing the loss provision by $80 million on two power projects in our Non-strategic Business segment and changes in estimates of $53 million in our E&C business segment. See Note 2 to our consolidated financial statements.
(b) | Included in the operating loss of the fourth quarter of 2014 is a goodwill impairment charge of $446 million as well as asset impairment and restructuring charges of $214 million. See Notes 8 and 9 for our discussion on these charges.
(c) | Net loss for the fourth quarter of 2014 includes $391 million of provision for income taxes primarily from an increase in our valuation allowance on deferred tax assets.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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