XML 57 R45.htm IDEA: XBRL DOCUMENT v3.5.0.2
Acquisitions, Dispositions and Other Transactions Acquisitions, Dispositions and Other Transactions (Details)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 16, 2016
USD ($)
Jul. 01, 2016
USD ($)
Jan. 11, 2016
USD ($)
companies
Sep. 30, 2016
USD ($)
$ / shares
Sep. 30, 2015
USD ($)
$ / shares
Sep. 30, 2016
USD ($)
$ / shares
Sep. 30, 2015
USD ($)
$ / shares
Dec. 31, 2015
USD ($)
Business Acquisition [Line Items]                
Payments to Acquire Businesses, Net of Cash Acquired           $ 911 $ 0  
General and Administrative Expense       $ 43 $ 38 111 119  
Goodwill       953   953   $ 324
HTSI [Member]                
Business Acquisition [Line Items]                
Business Acquisition, Percentage of Voting Interests Acquired 100.00%              
Business Combination, Reason for Business Combination HTSI provides an array of mission-critical services and customized solutions throughout the world, primarily to U.S. government agencies. This acquisition provides KBR with complete lifecycle service capabilities, including high-end technical engineering and mission support, cyber security and logistics and equipment maintenance within our GS business segment.              
Payments to Acquire Businesses, Gross $ 300              
Working capital adjustments (25)              
Payments to Acquire Businesses, Net of Cash Acquired $ 275              
Business Combination, Goodwill Recognized, Description We recognized goodwill of $124 million arising from the acquisition, which relates primarily to growth opportunities based on a broader service offering of the combined operations, including HTSI's specialized technical services and KBR's logistical expertise as well as expected cost synergies.              
Business Acquisition, Goodwill, Expected Tax Deductible Amount       110   110    
General and Administrative Expense           7    
Business Combination, Consideration Transferred $ 275              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets 5              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets 7              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets 127              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent 8              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets 212              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable 23              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities 33              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities $ 61              
Finite-Lived Intangible Asset, Useful Life 20 years              
Business Combination, Pro Forma Information, Disclosure Impracticable Due to the timing of the HTSI acquisition in September 2016 and the incomplete nature of the initial purchase accounting for the acquired net assets of HTSI, we have omitted certain disclosures for supplemental pro forma financial information. We intend to provide these disclosures in future filings.              
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual       21   21    
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual       2   2    
HTSI [Member] | Customer-Related Intangible Assets [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets $ 63              
HTSI [Member] | Order or Production Backlog [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 7              
HTSI [Member] | Trade Accounts Receivable [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables 29              
HTSI [Member] | CIE [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables 93              
HTSI [Member] | BIE [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities 5              
HTSI [Member] | Government Services [Member]                
Business Acquisition [Line Items]                
Goodwill $ 124              
Wyle [Member]                
Business Acquisition [Line Items]                
Business Acquisition, Percentage of Voting Interests Acquired   100.00%            
Business Combination, Reason for Business Combination   Wyle delivers an array of custom solutions for customers in the U.S. Department of Defense, NASA and other federal agencies. Wyle's expertise includes systems and sustainment engineering, program and acquisition management, life science research, space medical operations, information technology and the testing and evaluation of aircraft, advanced systems and networks. The acquisition will combine KBR's strengths in international, large-scale government logistics and support operations with Wyle's specialized technical services, largely focused in the contiguous U.S.            
Payments to Acquire Businesses, Gross   $ 600            
Other Payments to Acquire Businesses   23            
Payments to Acquire Businesses, Net of Cash Acquired   623            
Proceeds from (Repayments of) Secured Debt   $ 400            
Business Combination, Goodwill Recognized, Description   We recognized goodwill of $484 million arising from the acquisition, which relates primarily to growth opportunities based on a broader service offering of the combined operations, including Wyle's differentiated technical capabilities and KBR's international program management and logistics expertise. Additionally, goodwill relates to the existence of Wyle's skilled employee base and other expected synergies of the combined operations.            
Business Acquisition, Goodwill, Expected Tax Deductible Amount       107   107    
General and Administrative Expense           3    
Business Combination, Consideration Transferred   $ 623            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents   10            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets   4            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets   10            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets   159            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets   310            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable   59            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities   47            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities   106            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities   53            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities   12            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities   $ 171            
Finite-Lived Intangible Asset, Useful Life   20 years            
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual       177   177    
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual       12   12    
Business Acquisition, Pro Forma Information, Description   The following supplemental pro forma results of operations assume that Wyle had been acquired as of January 1, 2015. The supplemental pro forma financial information was prepared based on the historical financial information of Wyle and has been adjusted to give effect to pro forma adjustments that are both directly attributable to the transaction and factually supportable. The pro forma amounts reflect certain adjustments to amortization expense and interest expense associated with the portion of the purchase price funded by a $400 million advance on our Credit Agreement. The pro forma amounts also reflect adjustments to the 2016 results to exclude acquisition related costs as they are nonrecurring and directly attributable to the transaction.            
Business Acquisition, Pro Forma Revenue       1,072 1,425 3,508 4,680  
Business Acquisition, Pro Forma Net Income (Loss)       $ (62) $ 60 $ 37 $ 180  
Business Acquisition, Pro Forma Earnings Per Share, Diluted | $ / shares       $ (0.43) $ 0.42 $ 0.26 $ 1.25  
Wyle [Member] | Customer-Related Intangible Assets [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets   $ 82            
Wyle [Member] | Order or Production Backlog [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   11            
Wyle [Member] | Trade Accounts Receivable [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables   47            
Wyle [Member] | CIE [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables   98            
Wyle [Member] | Government Services [Member]                
Business Acquisition [Line Items]                
Goodwill   484            
Chematur Subsidiaries [Member]                
Business Acquisition [Line Items]                
Number of Businesses Acquired | companies     3          
Business Acquisition, Percentage of Voting Interests Acquired     100.00%          
Business Combination, Reason for Business Combination     Plinke specializes in proprietary technology and specialist equipment for the purification and concentration of inorganic acids used or produced in hydrocarbon processing facilities. Weatherly provides nitric acid and ammonium nitrate proprietary technologies and services to the fertilizer market. Ecoplanning offers proprietary evaporation and crystallization technologies and specialist equipment for weak acid and base solutions. As a result of this acquisition, we can expand our technology and consulting solutions into new markets while leveraging KBR's global sales and EPC capabilities.          
Payments to Acquire Businesses, Gross     $ 25          
Payments to Acquire Businesses, Net of Cash Acquired     23          
Cash Acquired from Acquisition     3          
Escrow Deposit     $ 5          
Business Combination, Goodwill Recognized, Description     We recognized goodwill of $22 million arising from the acquisition, which relates primarily to future growth opportunities to extend the acquired technologies outside North America to new customers and in revamping units of the existing customer base globally.          
Business Acquisition, Goodwill, Expected Tax Deductible Amount       $ 0   $ 0    
General and Administrative Expense           1    
Business Combination, Consideration Transferred     $ 25          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents     2          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets     8          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets     23          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Assets     1          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets     43          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable     2          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities     8          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities     23          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities     11          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities     6          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities     $ 40          
Finite-Lived Intangible Asset, Useful Life     20 years          
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual       4   18    
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual           $ 0    
Chematur Subsidiaries [Member] | Technology-Based Intangible Assets [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill     $ 10          
Chematur Subsidiaries [Member] | Customer-Related Intangible Assets [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill     7          
Chematur Subsidiaries [Member] | Trade Accounts Receivable [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables     5          
Chematur Subsidiaries [Member] | CIE [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables     8          
Chematur Subsidiaries [Member] | BIE [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities     13          
Chematur Subsidiaries [Member] | Technology and Consulting [Member]                
Business Acquisition [Line Items]                
Goodwill     22          
Maximum [Member] | Chematur Subsidiaries [Member]                
Business Acquisition [Line Items]                
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual       $ (1)        
Trademarks and Trade Names [Member] | Wyle [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 48            
Trademarks and Trade Names [Member] | Chematur Subsidiaries [Member]                
Business Acquisition [Line Items]                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles     $ 2