KBR KBR Inc

KBR (NYSE:KBR) announced today that in preparation for its upcoming First Quarter 2010 earnings on Thursday, April 29, 2010, KBR is providing historical revenue, job income, business unit overheads, and business unit income for the past two years, by quarter, for new reporting structure. Also provided in the tables is the 2009 quarterly backlog for the new reporting structure.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, and industrial markets. For more information, visit www.kbr.com.

KBR, Inc.

Revenue and Operating Results by Operating Unit

(millions)

(Unaudited)

Three Months Ended

Dec 31,   Sep 30,   Jun 30,   Mar 31,   2009   2009   2009   2009 Revenue: Hydrocarbons: Gas Monetization $ 779 $ 641 $ 679 $ 656 Oil & Gas 279 95 107 95 Downstream 120 121 124 113 Technology   27       27       23       20   Total Hydrocarbons business group   1,205       884       933       884   Infrastructure, Government and Power (IGP): North America Government and Defense 1,039 1,193 1,394 1,563 International Government and Defense 80 71 67 70 Infrastructure and Minerals 79 86 86 86 Power and Industrial   130       129       111       104   Total IGP business group   1,328       1,479       1,658       1,823   Services 426 464 498 475 Ventures 5 5 3 8 Other   -       8       9       10   Total revenue $ 2,964     $ 2,840     $ 3,101     $ 3,200  

 

Business unit income (loss): Hydrocarbons: Gas Monetization $ 23 $ 40 $ 50 $ 65 Oil & Gas 210 20 26 18 Downstream 17 16 20 6 Technology   15       14       11       9   Total job income   265       90       107       98   Divisional overhead   (26 )     (25 )     (24 )     (21 ) Total Hydrocarbons business group income   239       65       83       77   Infrastructure, Government and Power (IGP): North America Government and Defense (112 ) 82 69 74 International Government and Defense 19 17 21 14 Infrastructure and Minerals 19 24 20 24 Power and Industrial   26       22       11       9   Total job income   (48 )     145       121       121   Divisional overhead   (39 )     (41 )     (35 )     (36 ) Total IGP business group income   (87 )     104       86       85   Services: Job income 51 39 41 36 Divisional overhead   (19 )     (18 )     (17 )     (17 ) Total Services business unit income   32       21       24       19   Ventures: Job income 4 5 2 8 Gain on sale of assets - - - 2 Divisional overhead   -       (1 )     (1 )     -   Total Ventures business unit income   4       4       1       10   Other: Job income 2 2 2 3 Impairment of goodwill - (6 ) - - Divisional overhead   (1 )     (1 )     (2 )     (2 ) Total Other business unit income   1       (5 )     -       1   Total Business unit income $ 189     $ 189     $ 194     $ 192        

KBR, Inc.

Revenue and Operating Results by Operating Unit

(millions)

(Unaudited)

Three Months Ended

Dec 31, Sep 30, Jun 30, Mar 31,   2008   2008   2008   2008 Revenue: Hydrocarbons: Gas Monetization $ 704 $ 430 $ 577 $ 445 Oil & Gas 118 119 123 166 Downstream 145 138 101 100 Technology   23       20       22       19   Total Hydrocarbons business group   990       707       823       730   Infrastructure, Government and Power (IGP): North America Government and Defense 1,579 1,515 1,468 1,465 International Government and Defense 94 106 111 110 Infrastructure and Minerals 103 115 114 99 Power and Industrial   134       106       2       2   Total IGP business group   1,910       1,842       1,695       1,676   Services 475 456 141 116 Ventures 1 1 (1 ) (3 ) Other   10       12       -       -   Total revenue $ 3,386     $ 3,018     $ 2,658     $ 2,519  

 

Business unit income (loss): Hydrocarbons: Gas Monetization $ 55 $ 37 $ 32 $ 41 Oil & Gas 19 26 21 75 Downstream 20 20 20 12 Technology   9       10       12       10   Total job income   103       93       85       138   Divisional overhead   (21 )     (21 )     (25 )     (20 ) Total Hydrocarbons business group income   82       72       60       118   Infrastructure, Government and Power (IGP): North America Government and Defense 64 85 46 65 International Government and Defense 20 23 23 22 Infrastructure and Minerals 26 21 24 20 Power and Industrial   11       9       -       1   Total job income   121       138       93       108   Divisional overhead   (28 )     (32 )     (30 )     (29 ) Total IGP business group income   93       106       63       79   Services: Job income 66 36 20 17 Gain on sale of assets - - 1 - Divisional overhead   (21 )     (11 )     (4 )     (3 ) Total Services business unit income   45       25       17       14   Ventures: Job income (loss) (1 ) 1 (1 ) (3 ) Gain on sale of assets - - 1 - Divisional overhead   -       (1 )     -       (1 ) Total Technology business unit income   (1 )     -       -       (4 ) Other: Job income 3 4 - - Gain on sale of assets 1 - - - Divisional overhead   (2 )     (3 )     -       -   Total Other business unit income   2       1       -       -   Total Business unit income $ 221     $ 204     $ 140     $ 207          

KBR, Inc.

 Backlog Information

(millions)

(Unaudited)

              Dec 31, Sep 30, Jun 30, Mar 31,     2009   2009   2009   2009 Hydrocarbons: Gas Monetization $ 6,976 $ 7,414 $ 5,825 $ 5,802 Oil & Gas 109 149 178 207 Downstream 535 546 526 584 Technology     154     140     138     119 Total Hydrocarbons business group     7,774     8,249     6,667     6,712 Infrastructure, Government and Power (IGP): North America Government and Defense 1,341 1,073 925 1,240 International Government and Defense 1,427 1,257 1,329 1,219 Infrastructure and Minerals 167 176 221 239 Power and Industrial     338     455     545     547 Total IGP business group     3,273     2,961     3,020     3,245 Services 2,302 1,565 1,955 2,156 Ventures     749     709     704     645 Total backlog   $ 14,098   $ 13,484   $ 12,346   $ 12,758