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Share-based Compensation And Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Stock Options Assumption

Total number of stock options granted and the assumptions used to determine the fair value of granted options were as follows:

	Years ended December 31,
KBR stock options assumptions summary	2015				2014
Granted stock options (shares in millions)	1.1				0.6
Weighted average expected term (in years)	5.5				5.5
Weighted average grant-date fair value per share	$	4.91			$	9.57

	Years ended December 31,
KBR stock options range assumptions summary	2015						2014
	Range						Range
	Start			End			Start			End
Expected volatility range	33.92	%		39.65	%		36.48	%		40.49	%
Expected dividend yield range	1.15	%		2.13	%		1.08	%		1.52	%
Risk-free interest rate range	1.46	%		2.12	%		1.67	%		2.21	%

Summary of Stock Option Activity

The following table presents stock options granted, exercised, forfeited and expired under KBR share-based compensation plans for the year ended December 31, 2015.

KBR stock options activity summary	Number  of Shares			Weighted Average Exercise Price per Share				Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value (in millions)
Outstanding at December 31, 2014	3,160,091			$	26.96			6.54		$	2.40
Granted	1,067,308			16.52
Exercised	(62,503	)		12.32
Forfeited	(231,949	)		23.65
Expired	(450,290	)		30.19
Outstanding at December 31, 2015	3,482,657			$	23.83			6.55		$	2.92
Exercisable at December 31, 2015	2,059,060			$	26.18			5.02		$	2.00

Summary of Vested and Unvested RSUs

The following table presents the restricted stock awards and restricted stock units granted, vested and forfeited during 2015 under the KBR Stock Plan.

Restricted stock activity summary	Number of Shares			Weighted Average Grant-Date Fair Value per Share
Nonvested shares at December 31, 2014	1,128,877			$	28.99
Granted	855,499			16.66
Vested	(529,440	)		25.97
Forfeited	(80,970	)		19.05
Nonvested shares at December 31, 2015	1,373,966			$	23.05

Stock-Based Compensation Summary Table

Share-based compensation summary table	Years ended December 31,
Dollars in millions	2015				2014				2013
Share-based compensation	$	18			$	22			$	16
Income tax benefit recognized in net income for share-based compensation	$	7			$	8			$	6
Incremental compensation cost	$	2			$	2			$	1

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- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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-Topic 718
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-Section 50
-Paragraph 1
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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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