← KBR, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($61.0m) | $434.0m | $281.0m | $202.0m | ($72.0m) | $18.0m | $190.0m | ($265.0m) | $375.0m | $415.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($51.0m) | $442.0m | $310.0m | $209.0m | ($51.0m) | $26.0m | $189.0m | ($265.0m) | $374.0m | $381.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($51.0m) | $442.0m | $310.0m | $209.0m | ($51.0m) | $26.0m | $192.0m | ($261.0m) | $381.0m | $403.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $1.0m | — | $451.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $1.0m | — | $458.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $1.0m | — | ($36.0m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $10.0m | $8.0m | $29.0m | $7.0m | $21.0m | $8.0m | $2.0m | $4.0m | $6.0m | — | |
| Depreciation, Depletion and Amortization | $45.0m | $48.0m | $63.0m | $104.0m | $115.0m | $146.0m | $137.0m | $141.0m | $156.0m | $169.0m | |
| Amortization of Intangible Assets | $14.0m | $21.0m | $32.0m | $33.0m | $42.0m | $66.0m | $50.0m | $45.0m | $52.0m | $64.0m | |
| Depreciation | $31.0m | $27.0m | $31.0m | $33.0m | $36.0m | $42.0m | $40.0m | $50.0m | $56.0m | $51.0m | |
| Deferred Income Tax Expense (Benefit) | ($18.0m) | ($323.0m) | $27.0m | ($14.0m) | ($40.0m) | $43.0m | $37.0m | $13.0m | $2.0m | $60.0m | |
| Deferred Other Tax Expense (Benefit) | ($1.0m) | ($1.0m) | $1.0m | $2.0m | $0 | ($3.0m) | $4.0m | ($4.0m) | ($2.0m) | — | |
| Share-based Payment Arrangement, Noncash Expense | $18.0m | $12.0m | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | — | — | $10.0m | $12.0m | $12.0m | $12.0m | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | $99.0m | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $0 | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $47.0m | — | — | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | $39.0m | $6.0m | $0 | $0 | $214.0m | $2.0m | $5.0m | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $7.0m | $5.0m | ($2.0m) | $17.0m | $18.0m | $2.0m | $19.0m | ($7.0m) | $7.0m | — | |
| Income (Loss) from Equity Method Investments | $91.0m | $72.0m | $81.0m | $35.0m | $30.0m | ($170.0m) | ($80.0m) | $114.0m | $107.0m | $210.0m | |
| Income Tax Expense (Benefit) | $84.0m | ($193.0m) | $88.0m | $59.0m | $26.0m | $108.0m | $92.0m | $95.0m | $130.0m | $156.0m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $144.0m | $158.0m | |
| Other Nonoperating Income (Expense) | $5.0m | $4.0m | ($6.0m) | $5.0m | $1.0m | ($5.0m) | $12.0m | ($5.0m) | ($7.0m) | ($6.0m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | — | ($92.0m) | $203.0m | $16.0m | ($127.0m) | $476.0m | ($455.0m) | $32.0m | $1.0m | $2.0m | |
| Increase (Decrease) in Accounts Payable | ($6.0m) | ($193.0m) | $112.0m | $23.0m | ($40.0m) | $447.0m | ($376.0m) | ($49.0m) | $148.0m | ($70.0m) | |
| Gain (Loss) Related to Litigation Settlement | — | $35.0m | — | — | — | — | — | ($144.0m) | $0 | $0 | |
| General and Administrative Expense | $143.0m | $147.0m | $166.0m | — | — | — | — | — | — | — | |
| Goodwill | $959.0m | $968.0m | $1.3b | $1.3b | $1.8b | $2.1b | $2.1b | $2.1b | $2.6b | $2.7b | |
| Payments for Repurchase of Warrants | — | — | — | — | — | — | — | $217.0m | $33.0m | $0 | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | — | — | $1.0m | — | ($55.0m) | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $1.0m | $1.0m | ($9.0m) | — | — | — | — | $1.0m | — | ($2.0m) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | ($11.0m) | ($4.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $61.0m | $193.0m | $165.0m | $256.0m | $367.0m | $278.0m | $396.0m | $331.0m | $462.0m | $450.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $11.0m | $8.0m | $17.0m | $20.0m | $20.0m | $30.0m | $71.0m | $80.0m | $77.0m | $42.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $911.0m | $4.0m | $354.0m | $0 | $832.0m | $399.0m | $73.0m | $0 | $738.0m | $14.0m | |
| Payments to Acquire Investments | — | — | — | — | — | — | $61.0m | $39.0m | $5.0m | $10.0m | |
| Payments for (Proceeds from) Other Investing Activities | — | $2.0m | ($2.0m) | $1.0m | $0 | $7.0m | $3.0m | $11.0m | ($1.0m) | $3.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($981.0m) | ($12.0m) | ($491.0m) | ($158.0m) | ($877.0m) | ($428.0m) | $37.0m | ($70.0m) | ($776.0m) | ($751.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | $0 | $0 | $2.0m | $5.0m | $4.0m | $12.0m | $5.0m | $5.0m | — | — | |
| Payments for Repurchase of Common Stock | $4.0m | $53.0m | $3.0m | $4.0m | $51.0m | $82.0m | $203.0m | $138.0m | $218.0m | $329.0m | |
| Payments of Ordinary Dividends, Common Stock | $46.0m | $45.0m | $44.0m | $46.0m | $54.0m | $61.0m | $66.0m | $72.0m | $79.0m | $84.0m | |
| Proceeds from Noncontrolling Interests | $0 | $1.0m | $0 | $1.0m | $0 | — | $3.0m | — | — | — | |
| Dividends Payable, Current | — | — | $11.0m | $11.0m | $14.0m | $16.0m | $17.0m | $18.0m | $20.0m | $21.0m | |
| Dividends Payable | $12.0m | $11.0m | $11.0m | $11.0m | $14.0m | $15.0m | $16.0m | $18.0m | — | — | |
| Proceeds from (Payments for) Other Financing Activities | $1.0m | $0 | ($1.0m) | ($5.0m) | ($3.0m) | ($2.0m) | ($12.0m) | ($9.0m) | ($13.0m) | ($4.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $584.0m | ($290.0m) | $654.0m | ($133.0m) | $225.0m | $87.0m | ($399.0m) | ($359.0m) | $374.0m | $374.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($11.0m) | $12.0m | — | $8.0m | $9.0m | ($3.0m) | ($15.0m) | $13.0m | ($14.0m) | $18.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($11.0m) | $12.0m | ($28.0m) | ($27.0m) | ($276.0m) | ($66.0m) | $19.0m | ($85.0m) | $46.0m | $155.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $712.0m | $436.0m | $370.0m | $389.0m | $304.0m | $350.0m | $500.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $12.0m | $21.0m | $52.0m | $80.0m | $53.0m | $63.0m | $66.0m | $102.0m | $124.0m | $141.0m | |
| Income Taxes Paid, Net | $49.0m | $144.0m | $21.0m | $54.0m | $49.0m | $49.0m | $47.0m | $52.0m | $82.0m | $83.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.