Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update)
Net Sales 19,520.97 19,036.53 18,114.05 21,531.58 27,351.57
Revenue 19,520.97 19,036.53 18,114.05 21,531.58 27,351.57
Total Revenue 19,520.97 19,036.53 18,114.05 21,531.58 27,351.57
Cost of Revenue 18,902.48 18,246.21 17,019.35 20,132.54 25,986.38
Cost of Revenue, Total 18,902.48 18,246.21 17,019.35 20,132.54 25,986.38
Gross Profit 618.49 790.32 1,094.70 1,399.03 1,365.19
Selling/General/Administrative Expense 197.60 188.19 163.14 179.39 178.03
Selling/General/Administrative Expenses, Total 197.60 188.19 163.14 179.39 178.03
Interest Expense - Operating 67.64 69.69 44.77 29.68 26.89
Interest Expense, Net - Operating 67.64 69.69 44.77 29.68 26.89
Interest Income - Operating -27.78 -17.05 -16.69 -18.27 -14.44
Investment Income - Operating -5.42 2.89 5.19 3.32 -2.89
Interest/Investment Income - Operating -33.19 -14.16 -11.50 -14.95 -17.33
Interest Expense (Income), Net-Operating, Total 34.45 55.53 33.27 14.74 9.56
Loss (Gain) on Sale of Assets - Operating 0.00 0.00 -68.16 -- --
Other Unusual Expense (Income) 0.00 0.00 239.90 -- --
Unusual Expense (Income) 0.00 0.00 171.73 -- --
Total Operating Expense 19,134.53 18,489.93 17,387.50 20,326.67 26,173.97
Operating Income 386.44 546.60 726.55 1,204.91 1,177.60
Net Income Before Taxes 386.44 546.60 726.55 1,204.91 1,177.60
Income Tax – Total 45.97 219.15 245.89 352.82 354.57
Income After Tax 340.47 327.45 480.66 852.09 823.03
Minority Interest -73.09 -46.05 -62.49 -136.63 -155.32
Net Income Before Extraordinary Items 267.38 281.40 418.17 715.46 667.71
Discontinued Operations 0.00 0.00 -5.66 -204.55 --
Extraordinary Item -76.00 -- -- -- --
Total Extraordinary Items -76.00 0.00 -5.66 -204.55 --
Net Income 191.38 281.40 412.51 510.91 667.71
Miscellaneous Earnings Adjustment -- -- -- -- --
Total Adjustments to Net Income -- -- -- -- --
Income Available to Common Excluding Extraordinary Items 267.38 281.40 418.17 715.46 667.71
Income Available to Common Stocks Including Extraordinary Items 191.38 281.40 412.51 510.91 667.71
Basic Weighted Average Shares 139.76 139.17 144.81 157.49 162.57
Basic EPS Excluding Extraordinary Items 1.91 2.02 2.89 4.54 4.11
Basic EPS Including Extraordinary Items 1.37 2.02 2.85 3.24 4.11
Dilution Adjustment -- -- -- -- 0.00
Diluted Net Income 191.38 281.40 412.51 510.91 667.71
Diluted Weighted Average Shares 140.89 140.91 146.72 159.62 164.35
Diluted EPS Excluding Extraordinary Items 1.90 2.00 2.85 4.48 4.06
Diluted EPS Including Extraordinary Items 1.36 2.00 2.81 3.20 4.06
DPS - Common Stock Primary Issue 0.84 0.84 0.84 0.84 0.64
Gross Dividends - Common Stock 118.60 118.27 122.61 132.61 86.67
(Gain) Loss on Sale of Assets, Supplemental -- -- -- -- --
Other Unusual Expense (Income), Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items 0.00 0.00 171.73 -- --
Normalized Income Before Taxes 386.44 546.60 898.29 1,204.91 1,177.60
Effect of Special Items on Income Taxes 0.00 0.00 58.12 -- --
Income Taxes Excluding Impact of Special Items 45.97 219.15 304.01 352.82 354.57
Normalized Income After Taxes 340.47 327.45 594.28 852.09 823.03
Normalized Income Available to Common 267.38 281.40 531.78 715.46 667.71
Basic Normalized EPS 1.91 2.02 3.67 4.54 4.11
Diluted Normalized EPS 1.90 2.00 3.62 4.48 4.06
Amortization of Intangibles, Supplemental 19.16 14.82 1.04 0.89 0.77
Depreciation, Supplemental 206.11 211.10 188.70 191.70 206.33
Interest Expense, Supplemental 67.64 69.69 44.77 29.68 26.89
Rental Expense, Supplemental 144.00 152.00 169.00 218.00 206.00
Stock-Based Compensation, Supplemental 52.62 29.32 -6.85 14.76 56.21
Minority Interest, Supplemental -73.09 -46.05 -62.49 -136.63 -155.32
Audit-Related Fees, Supplemental 8.90 8.30 8.20 8.00 7.30
Audit-Related Fees 0.60 0.70 0.90 0.60 1.00
Tax Fees, Supplemental 0.20 0.50 0.70 0.20 0.30
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00 0.00 0.00
Gross Margin 3.17 4.15 6.04 6.50 4.99
Operating Margin 1.98 2.87 4.01 5.60 4.31
Pretax Margin 1.98 2.87 4.01 5.60 4.31
Effective Tax Rate 11.90 40.09 33.84 29.28 30.11
Net Profit Margin 1.37 1.48 2.31 3.32 2.44
Normalized EBIT 420.89 602.13 931.56 1,219.64 1,187.16
Normalized EBITDA 646.16 828.04 1,121.30 1,412.24 1,394.26
Current Tax - Domestic -119.88 120.80 22.47 126.49 200.61
Current Tax - Foreign 145.06 95.20 203.13 151.24 168.89
Current Tax - Local -3.50 11.07 15.62 13.00 14.78
Current Tax - Total 21.69 227.06 241.21 290.73 384.28
Deferred Tax - Domestic -60.28 58.60 8.87 74.04 -29.87
Deferred Tax - Foreign 75.69 -65.66 -5.63 -10.35 2.05
Deferred Tax - Local 8.88 -0.86 1.44 -1.60 -1.89
Deferred Tax - Total 24.29 -7.91 4.68 62.08 -29.71
Income Tax - Total 45.97 219.15 245.89 352.82 354.57
Interest Cost - Domestic 0.00 0.00 16.12 31.68 29.10
Service Cost - Domestic 0.00 0.00 6.80 3.80 6.45
Prior Service Cost - Domestic 0.00 0.00 0.87 0.75 0.10
Expected Return on Assets - Domestic 0.00 0.00 -19.71 -30.11 -30.98
Actuarial Gains and Losses - Domestic 0.00 0.00 9.71 4.44 6.04
Curtailments & Settlements - Domestic -- -- -- 0.00 -0.31
Domestic Pension Plan Expense 0.00 0.00 13.79 10.56 10.41
Interest Cost - Foreign 22.53 26.44 26.51 34.54 32.18
Service Cost - Foreign 18.78 19.51 20.52 16.22 15.39
Prior Service Cost - Foreign -0.83 -0.81 -0.81 0.00 0.00
Expected Return on Assets - Foreign -40.27 -39.54 -49.07 -48.08 -46.42
Actuarial Gains and Losses - Foreign 7.89 8.82 7.68 7.74 6.79
Curtailments & Settlements - Foreign 8.28 0.40 0.00 0.00 0.00
Foreign Pension Plan Expense 16.37 14.81 4.83 10.41 7.93
Interest Cost - Post-Retirement -- -- -- 0.39 0.35
Service Cost - Post-Retirement -- -- -- 0.00 0.00
Prior Service Cost - Post-Retirement -- -- -- 0.00 0.00
Expected Return on Assets - Post-Retirement -- -- -- 0.00 0.00
Actuarial Gains and Losses - Post-Retirement -- -- 0.04 0.15 0.34
Other Post-Retirement, Net -- -- -- -- --
Post-Retirement Plan Expense -- -- 0.04 0.54 0.69
Defined Contribution Expense - Domestic -- -- -- 150.00 151.00
Total Pension Expense 16.37 14.81 18.66 171.51 170.04
Discount Rate - Domestic 1.90 1.90 2.20 4.95 4.05
Discount Rate - Foreign -- -- -- 3.55 3.60
Expected Rate of Return - Domestic 1.90 4.30 4.90 4.55 4.25
Expected Rate of Return - Foreign 7.00 7.00 8.00 5.00 5.00
Compensation Rate - Domestic 2.25 2.25 2.25 -- 0.00
Compensation Rate - Foreign 7.00 7.00 7.00 2.25 2.25
Total Plan Interest Cost 22.53 26.44 42.63 66.60 61.63
Total Plan Service Cost 18.78 19.51 27.32 20.02 21.84
Total Plan Expected Return -40.27 -39.54 -68.78 -78.18 -77.40
Total Plan Other Expense -- -- -- -- --

For a more complete picture of our financial results, please review our SEC Filings

Copyright Thomson Reuters Corporation

Annual Report
& Proxy
Annual Report
Download Fluor's 2017 annual report and 2018 proxy statement.

 

Transfer Agent
Computershare
P.O.Box 505000
Louisville, KY 40233-5000
Toll Free:1-877-870-2366