KBR INC

For the period ended Dec 29, 2023. Filed Feb 20, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 20, 2024

KBR$38.65+4.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(In millions, except for per share data)

	Year Ended
December 29, · December 31, · December 31,
2023 · 2022 · 2021
Revenues	$6,956	$6,564	$7,339
Cost of revenues	(5,979)	(5,736)	(6,533)
Gross profit	977	828	806
Equity in earnings (losses) of unconsolidated affiliates	114	(80)	(170)
Selling, general and administrative expenses	(488)	(420)	(393)
Legal settlement of legacy matter	(144)	—	—
Gain (loss) on disposition of assets and investments	(7)	19	2
Other	(4)	(4)	(14)
Operating income	448	343	231
Interest expense	(115)	(87)	(80)
Unrealized gain on other investment	—	16	4
Charges associated with Convertible Notes	(494)	—	—	—
Other non-operating income (expense)	(5)	12	(9)
Income (loss) before income taxes	(166)	284	146
Provision for income taxes	(95)	(92)	(111)
Net income (loss)	(261)	192	35
Less: Net income attributable to noncontrolling interests	4	2	8
Net income (loss) attributable to KBR	$(265)	$190	$27
Net income (loss) attributable to KBR per share
Basic	$(1.96)	$1.36	$0.19
Diluted	$(1.96)	$1.26	$0.19
Basic weighted average common shares outstanding	135	139	140
Diluted weighted average common shares outstanding	135	156	141
Cash dividends declared per share	$0.54	$0.48	$0.44

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.