XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.25.3

Business Segment Information (Tables) | 9 Months Ended
--- | ---
Oct. 03, 2025
Segment Reporting [Abstract] |
Schedule of Operations by Reportable Segment | Information on each of our business segments and reconciliation to Net income (loss) attributable to KBR from continuing operations within our condensed consolidated statements of operations is presented in the tables below. Operations by Reportable Segment
| Three Months Ended October 3, 2025
Dollars in millions | MTS |  | STS |  | Corporate |  | Total
Revenues | $ | 1,406 |  |  | $ | 525 |  |  | $ | — |  |  | $ | 1,931 |
Cost of revenues | (1,228) |  |  | (433) |  |  | — |  |  | (1,661) |
Gross profit | 178 |  |  | 92 |  |  | — |  |  | 270 |
Equity in earnings of unconsolidated affiliates | 8 |  |  | 62 |  |  | — |  |  | 70 |
Selling, general and administrative expenses | (73) |  |  | (36) |  |  | (40) |  |  | (149) |
Other | 1 |  |  | — |  |  | (1) |  |  | — |
Operating income (loss) | 114 |  |  | 118 |  |  | (41) |  |  | 191 |
Interest expense | — |  |  | — |  |  | (39) |  |  | (39) |
Other non-operating income (expense) | (2) |  |  | 1 |  |  | 1 |  |  | — |
Income (loss) from continuing operations before income taxes | 112 |  |  | 119 |  |  | (79) |  |  | 152 |
Provision for income taxes | — |  |  | — |  |  | (34) |  |  | (34) |
Net income (loss) from continuing operations | 112 |  |  | 119 |  |  | (113) |  |  | 118 |
Less: Net income attributable to noncontrolling interests included in continuing operations | — |  |  | 2 |  |  | — |  |  | 2 |
Net income (loss) attributable to KBR from continuing operations | $ | 112 |  |  | $ | 117 |  |  | $ | (113) |  |  | $ | 116 |
Supplemental Disclosures: |  |  |  |  |  |  |
Depreciation and amortization | $ | 29 |  |  | $ | 7 |  |  | $ | 7 |  |  | $ | 43 |
Purchases of property, plant, and equipment | $ | (7) |  |  | $ | — |  |  | $ | (1) |  |  | $ | (8) |
| Three Months Ended September 27, 2024
Dollars in millions | MTS |  | STS |  | Corporate |  | Total
Revenues | $ | 1,406 |  |  | $ | 531 |  |  | $ | — |  |  | $ | 1,937 |
Cost of revenues | (1,226) |  |  | (421) |  |  | — |  |  | (1,647) |
Gross profit | 180 |  |  | 110 |  |  | — |  |  | 290 |
Equity in earnings of unconsolidated affiliates | 9 |  |  | 18 |  |  | — |  |  | 27 |
Selling, general and administrative expenses | (73) |  |  | (25) |  |  | (42) |  |  | (140) |
Other | (2) |  |  | 1 |  |  | (3) |  |  | (4) |
Operating income (loss) | 114 |  |  | 104 |  |  | (45) |  |  | 173 |
Interest expense | — |  |  | — |  |  | (37) |  |  | (37) |
Other non-operating expense | (1) |  |  | — |  |  | (1) |  |  | (2) |
Income (loss) from continuing operations before income taxes | 113 |  |  | 104 |  |  | (83) |  |  | 134 |
Provision for income taxes | — |  |  | — |  |  | (32) |  |  | (32) |
Net income (loss) from continuing operations | 113 |  |  | 104 |  |  | (115) |  |  | 102 |
Less: Net income attributable to noncontrolling interests included in continuing operations | 2 |  |  | — |  |  | — |  |  | 2 |
Net income (loss) attributable to KBR from continuing operations | $ | 111 |  |  | $ | 104 |  |  | $ | (115) |  |  | $ | 100 |
Supplemental Disclosures: |  |  |  |  |  |  |
Depreciation and amortization | $ | 26 |  |  | $ | 7 |  |  | $ | 8 |  |  | $ | 41 |
Purchases of property, plant, and equipment | $ | (8) |  |  | $ | (1) |  |  | $ | (3) |  |  | $ | (12) |
| Nine Months Ended October 3, 2025
Dollars in millions | MTS |  | STS |  | Corporate |  | Total
Revenues | $ | 4,286 |  |  | $ | 1,615 |  |  | $ | — |  |  | $ | 5,901 |
Cost of revenues | (3,742) |  |  | (1,299) |  |  | — |  |  | (5,041) |
Gross profit | 544 |  |  | 316 |  |  | — |  |  | 860 |
Equity in earnings of unconsolidated affiliates | 23 |  |  | 140 |  |  | — |  |  | 163 |
Selling, general and administrative expenses | (224) |  |  | (96) |  |  | (115) |  |  | (435) |
Other | 2 |  |  | — |  |  | (3) |  |  | (1) |
Operating income (loss) | 345 |  |  | 360 |  |  | (118) |  |  | 587 |
Interest expense | — |  |  | — |  |  | (121) |  |  | (121) |
Other non-operating income (expense) | (5) |  |  | 2 |  |  | (2) |  |  | (5) |
Income (loss) from continuing operations before income taxes | 340 |  |  | 362 |  |  | (241) |  |  | 461 |
Provision for income taxes | — |  |  | — |  |  | (116) |  |  | (116) |
Net income (loss) from continuing operations | 340 |  |  | 362 |  |  | (357) |  |  | 345 |
Less: Net income (loss) attributable to noncontrolling interests included in continuing operations | (1) |  |  | 5 |  |  | — |  |  | 4 |
Net income (loss) attributable to KBR from continuing operations | $ | 341 |  |  | $ | 357 |  |  | $ | (357) |  |  | $ | 341 |
Supplemental Disclosures: |  |  |  |  |  |  |
Depreciation and amortization | $ | 88 |  |  | $ | 21 |  |  | $ | 20 |  |  | $ | 129 |
Purchases of property, plant, and equipment | $ | (18) |  |  | $ | (1) |  |  | $ | (5) |  |  | $ | (24) |
Total Assets as of October 3, 2025 | $ | 4,494 |  |  | $ | 1,116 |  |  | $ | 1,039 |  |  | $ | 6,649 |
| Nine Months Ended September 27, 2024
Dollars in millions | MTS |  | STS |  | Corporate |  | Total
Revenues | $ | 4,047 |  |  | $ | 1,555 |  |  | $ | — |  |  | $ | 5,602 |
Cost of revenues | (3,544) |  |  | (1,250) |  |  | — |  |  | (4,794) |
Gross profit | 503 |  |  | 305 |  |  | — |  |  | 808 |
Equity in earnings of unconsolidated affiliates | 25 |  |  | 72 |  |  | — |  |  | 97 |
Selling, general and administrative expenses | (199) |  |  | (72) |  |  | (119) |  |  | (390) |
Other | 4 |  |  | — |  |  | — |  |  | 4 |
Operating income (loss) | 333 |  |  | 305 |  |  | (119) |  |  | 519 |
Interest expense | — |  |  | — |  |  | (100) |  |  | (100) |
Other non-operating income (expense) | — |  |  | 1 |  |  | (11) |  |  | (10) |
Income (loss) from continuing operations before income taxes | 333 |  |  | 306 |  |  | (230) |  |  | 409 |
Provision for income taxes | — |  |  | — |  |  | (107) |  |  | (107) |
Net income (loss) from continuing operations | 333 |  |  | 306 |  |  | (337) |  |  | 302 |
Less: Net income attributable to noncontrolling interests included in continuing operations | — |  |  | 3 |  |  | — |  |  | 3 |
Net income (loss) attributable to KBR from continuing operations | $ | 333 |  |  | $ | 303 |  |  | $ | (337) |  |  | $ | 299 |
Supplemental Disclosures: |  |  |  |  |  |  |
Depreciation and amortization | $ | 71 |  |  | $ | 19 |  |  | $ | 22 |  |  | $ | 112 |
Purchases of property, plant, and equipment | $ | (23) |  |  | $ | (3) |  |  | $ | (10) |  |  | $ | (36) |
Total Assets as of January 3, 2025 | $ | 4,534 |  |  | $ | 1,182 |  |  | $ | 947 |  |  | $ | 6,663 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration