XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations - USD ($)
shares in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Revenues $ 7,339,000,000 $ 5,767,000,000 $ 5,639,000,000
Cost of revenues (6,533,000,000) (5,101,000,000) (4,986,000,000)
Gross profit 806,000,000 666,000,000 653,000,000
Equity in earnings (losses) of unconsolidated affiliates (170,000,000) 30,000,000 35,000,000
Selling, general and administrative expenses (393,000,000) (335,000,000) (341,000,000)
Acquisition and integration related costs (12,000,000) (9,000,000) (2,000,000)
Goodwill impairment 0 (99,000,000) 0
Restructuring charges and asset impairments (2,000,000) (214,000,000) 0
Gain on disposition of assets and investments 2,000,000 18,000,000 17,000,000
Operating income 231,000,000 57,000,000 362,000,000
Interest expense (92,000,000) (83,000,000) (99,000,000)
Other non-operating income (expense) (5,000,000) 1,000,000 5,000,000
Income (loss) before income taxes and noncontrolling interests 134,000,000 (25,000,000) 268,000,000
Provision for income taxes (108,000,000) (26,000,000) (59,000,000)
Net income (loss) 26,000,000 (51,000,000) 209,000,000
Less: Net income attributable to noncontrolling interests 8,000,000 21,000,000 7,000,000
Net income (loss) attributable to KBR $ 18,000,000 $ (72,000,000) $ 202,000,000
Net income (loss) attributable to KBR per share:      
Basic (usd per share) $ 0.13 $ (0.51) $ 1.42
Diluted (usd per share) $ 0.12 $ (0.51) $ 1.41
Basic weighted average common shares outstanding (in shares) 140 142 141
Diluted weighted average common shares outstanding (in shares) 145 142 142
Cash dividends declared per share (usd per share) $ 0.44 $ 0.40 $ 0.32