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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and equivalents $ 569 $ 883
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $15 and $17 708 628
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE) 390 224
Other current assets 123 109
Total current assets 1,790 1,844
Claims and accounts receivable 528 526
Property, plant, and equipment, net of accumulated depreciation of $338 and $352 (including net PPE of $39 and $48 owned by a variable interest entity) 165 169
Goodwill 953 324
Intangible assets, net of accumulated amortization of $97 and $91 257 35
Equity in and advances to unconsolidated affiliates 327 281
Deferred income taxes 94 99
Other assets 128 134
Total assets 4,242 3,412
Current liabilities:    
Accounts payable 568 438
Billings in excess of costs and estimated earnings on uncompleted contracts (BIE) 537 509
Accrued salaries, wages and benefits 203 173
Nonrecourse project debt 9 10
Total other current liabilities 233 263
Total current liabilities 1,550 1,393
Pension obligations 258 333
Employee compensation and benefits 90 105
Income tax payable 90 78
Deferred income taxes 163 94
Nonrecourse project debt 40 51
Revolving credit agreement 650 0
Deferred income from unconsolidated affiliates 96 100
Other liabilities 208 206
Total liabilities 3,145 2,360
KBR Shareholders' equity:    
Preferred stock, $0.001 par value, 50,000,000 shares authorized, 0 shares issued and outstanding 0 0
Common stock, $0.001 par value, 300,000,000 shares authorized, 175,688,535 and 175,108,100 shares issued, and 142,667,745 and 142,058,356 shares outstanding 0 0
Paid-in capital in excess of par (PIC) 2,083 2,070
Accumulated other comprehensive loss (AOCL) (792) (831)
Retained earnings 587 595
Treasury stock, 33,020,790 and 33,049,744 shares, at cost (767) (769)
Total KBR shareholders’ equity 1,111 1,065
Noncontrolling interests (NCI) (14) (13)
Total shareholders’ equity 1,097 1,052
Total liabilities and shareholders’ equity $ 4,242 $ 3,412