KBR (KBR) 10-Q 29 Jul 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 12, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Entity Registrant Name	KBR, INC.
Entity Central Index Key	1,357,615
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		142,475,499
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Contract Revenues	$ 1,009	$ 1,381	$ 2,005	$ 2,817
Cost of revenues	(935)	(1,307)	(1,863)	(2,673)
Gross profit	74	74	142	144
Equity in earnings of unconsolidated affiliates	33	53	62	88
General and administrative expenses	(34)	(42)	(68)	(81)
Asset impairment and restructuring charges	(12)	(17)	(14)	(19)
Gain on disposition of assets	2	28	6	28
Operating income	63	96	128	160
Other non-operating income (expense)	7	(5)	2	1
Income before income taxes and noncontrolling interests	70	91	130	161
Provision for income taxes	(23)	(23)	(38)	(42)
Net income	47	68	92	119
Net income attributable to noncontrolling interests	0	(6)	(3)	(13)
Net income attributable to KBR	$ 47	$ 62	$ 89	$ 106
Earnings Per Share [Abstract]
Basic	$ 0.32	$ 0.43	$ 0.62	$ 0.73
Diluted	$ 0.32	$ 0.43	$ 0.62	$ 0.73
Basic weighted average common shares outstanding	142	144	142	144
Diluted weighted average common shares outstanding	142	144	142	144
Cash dividends declared per share	$ 0.08	$ 0.08	$ 0.16	$ 0.16

Condensed Consolidated Stateme3

Condensed Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 47	$ 68	$ 92	$ 119
Net cumulative translation adjustments (CTA)[Abstract]
Foreign currency translation adjustments, net of tax	(5)	(3)	11	(61)
Reclassification adjustment included in net income	0	0	0	0
Foreign currency translation adjustments, net of taxes of $(3), $1, $(1) and $1	(5)	(3)	11	(61)
Actuarial losses, net of tax	0	0	0	0
Reclassification adjustment included in net income	6	10	12	22
Pension and post-retirement benefits, net of taxes of $(1), $(2), $(3) and $(4)	6	10	12	22
Other comprehensive income (loss), net of tax	1	7	23	(39)
Comprehensive income	48	75	115	80
Less: Comprehensive income attributable to noncontrolling interests	(1)	(7)	(3)	(14)
Comprehensive income (loss) attributable to KBR	$ 47	$ 68	$ 112	$ 66

Condensed Consolidated Stateme4

Condensed Consolidated Statements Of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss), taxes [Abstract]
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	$ (3)	$ 1	$ (1)	$ 1
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax	(1)	(2)	(3)	(4)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	$ 0	$ 0	$ 0	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and equivalents	$ 804	$ 883
Receivables:
Accounts receivable, net of allowance for doubtful accounts of $14 and $17	618	628
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	252	224
Other current assets	127	109
Total current assets	1,801	1,844
Claims and accounts receivable	532	526
Property, plant, and equipment, net of accumulated depreciation of $353 and $352 (including net PPE of $41 and $48 owned by a variable interest entity)	153	169
Goodwill	345	324
Intangible assets, net of accumulated amortization of $92 and $91	50	35
Equity in and advances to unconsolidated affiliates	316	281
Deferred income taxes	95	99
Other assets	140	134
Total assets	3,432	3,412
Current liabilities:
Accounts payable	479	438
Billings in excess of costs and estimated earnings on uncompleted contracts (BIE)	508	509
Accrued salaries, wages and benefits	161	173
Nonrecourse project debt	9	10
Total other current liabilities	217	263
Total current liabilities	1,374	1,393
Pension obligations	274	333
Employee compensation and benefits	99	105
Income tax payable	90	78
Deferred income taxes	117	94
Nonrecourse project debt	41	51
Deferred income from unconsolidated affiliates	92	100
Other liabilities	200	206
Total liabilities	2,287	2,360
KBR Shareholders' equity:
Preferred stock, $0.001 par value, 50,000,000 shares authorized, 0 shares issued and outstanding	0	0
Common stock, $0.001 par value, 300,000,000 shares authorized, 175,565,140 and 175,108,100 shares issued, and 142,474,780 and 142,058,356 shares outstanding	0	0
Paid-in capital in excess of par (PIC)	2,080	2,070
Accumulated other comprehensive loss (AOCL)	(808)	(831)
Retained earnings	661	595
Treasury stock, 33,090,360 and 33,049,744 shares, at cost	(769)	(769)
Total KBR shareholders’ equity	1,164	1,065
Noncontrolling interests (NCI)	(19)	(13)
Total shareholders’ equity	1,145	1,052
Total liabilities and shareholders’ equity	$ 3,432	$ 3,412

Condensed Consolidated Balance6

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Receivables:
Allowance for doubtful accounts	$ 14	$ 17
Property, plant, and equipment:
Accumulated depreciation	353	352
PP&E owned by a VIE, net	41	48
Intangibles:
Accumulated amortization	$ 92	$ 91
KBR Shareholders' equity:
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	175,565,140	175,108,100
Common stock, shares outstanding	142,474,780	142,058,356
Treasury stock, shares	33,090,360	33,049,744

Condensed Consolidated Stateme7

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows used in operating activities:
Net income	$ 92	$ 119
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	19	19
Equity in earnings of unconsolidated affiliates	(62)	(88)
Deferred income tax expense (benefit)	7	(3)
Gain on disposition of assets	(6)	(28)
Other	6	10
Changes in operating assets and liabilities:
Accounts receivable, net of allowance for doubtful accounts	25	(49)
Costs and estimated earnings in excess of billings on uncompleted contracts	(28)	138
Accounts payable	32	(135)
Billings in excess of costs and estimated earnings on uncompleted contracts	(2)	(43)
Accrued salaries, wages and benefits	(11)	4
Reserve for loss on uncompleted contracts	(23)	(82)
(Advances to) payments from unconsolidated affiliates, net	(8)	4
Distributions of earnings from unconsolidated affiliates	28	72
Income taxes payable	(10)	(15)
Pension funding	(21)	(21)
Net settlement of derivative contracts	(3)	(39)
Other assets and liabilities	(47)	(2)
Total cash flows used in operating activities	(12)	(139)
Cash flows (used in) provided by investing activities:
Purchases of property, plant and equipment	(6)	(4)
Proceeds from sale of assets or investments	1	23
Acquisition of technology businesses, net of cash acquired	(22)	0
Total cash flows (used in) provided by investing activities	(27)	19
Cash flows used in financing activities:
Payments to reacquire common stock	(2)	(17)
Acquisition of noncontrolling interest	0	(40)
Distributions to noncontrolling interests	(9)	(12)
Payments of dividends to shareholders	(23)	(23)
Net proceeds from issuance of common stock	0	1
Excess tax benefits from share-based compensation	1	0
Payments on short-term and long-term borrowings	(5)	(7)
Total cash flows used in financing activities	(38)	(98)
Effect of exchange rate changes on cash	(2)	(21)
Decrease in cash and equivalents	(79)	(239)
Cash and equivalents at beginning of period	883	970
Cash and equivalents at end of period	804	731
Supplemental disclosure of cash flow information:
Cash paid for interest	4	5
Cash paid for income taxes (net of refunds)	31	63
Noncash financing activities
Dividends declared	$ 12	$ 12

Description Of Company And Sign

Description Of Company And Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Description of Company and Significant Accounting Policies	Description of Company and Significant Accounting Policies KBR, Inc., a Delaware corporation, was formed on March 21, 2006 and is headquartered in Houston, Texas. KBR, Inc. and its wholly owned and majority-owned subsidiaries (collectively referred to herein as "KBR", "the Company", "we", "us" or "our") is an engineering, procurement, construction and services company supporting the global hydrocarbons and international government services market segments. Our capabilities include engineering, procurement, construction, construction management, technology licensing, operations, maintenance and other support services to a diverse customer base, including international and national oil and gas companies, independent refiners, petrochemical producers, fertilizer producers, manufacturers and domestic and foreign governments. Principles of Consolidation Our condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") and include the accounts of KBR and our wholly owned and majority-owned, controlled subsidiaries and variable interest entities ("VIEs") of which we are the primary beneficiary. We account for investments over which we have significant influence but not a controlling financial interest using the equity method of accounting. See Note 8 to our condensed consolidated financial statements for further discussion on our equity investments and VIEs. The cost method is used when we do not have the ability to exert significant influence. All material intercompany balances and transactions are eliminated in consolidation. Certain prior year amounts have been reclassified to conform to the current year presentation on the condensed consolidated statements of operations, condensed consolidated balance sheets and the condensed consolidated statements of cash flows. We have evaluated all events and transactions occurring after the balance sheet date but before the financial statements were issued and have included the appropriate disclosures. Use of Estimates The preparation of our condensed consolidated financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Areas requiring significant estimates and assumptions by our management include the following: • project revenues, costs and profits on engineering and construction contracts and government services contracts, including recognition of estimated losses on uncompleted contracts • provisions for uncollectible receivables and client claims and recoveries of costs from subcontractors, vendors and others • provisions for income taxes and related valuation allowances and tax uncertainties • recoverability of goodwill • recoverability of other intangibles and long-lived assets and related estimated lives • recoverability of equity method and cost method investments • valuation of pension obligations and pension assets • accruals for estimated liabilities, including litigation accruals • consolidation of VIEs • valuation of share-based compensation • valuation of assets and liabilities acquired in business combinations In accordance with normal practice in the construction industry, we include in current assets and current liabilities amounts related to construction contracts realizable and payable over a period in excess of one year. If the underlying estimates and assumptions upon which the financial statements are based change in the future, actual amounts may differ from those included in the accompanying condensed consolidated financial statements. Adoption of New Accounting Standards Consolidation . Effective January 1, 2016, we adopted Accounting Standards Update ("ASU") No. 2015-02, Consolidation (Topic 810) - Amendments to the Consolidation Analysis, which was issued by the Financial Accounting Standards Board ("FASB") on February 18, 2015. This ASU amends the consolidation guidance for VIEs as well as general partners’ investments in limited partnerships and modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities. ASU 2015-02 is effective for annual periods beginning after December 15, 2015 and interim periods within those annual periods. The adoption of ASU 2015-02 did not have a material impact on our financial statements. Additional Balance Sheet Information Other Current Assets Included in the "other current assets" balance on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 are prepaid taxes and other prepaid assets of $57 million and $58 million , respectively. Other Current Liabilities The components of "other current liabilities" on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 are presented below: June 30, December 31, Dollars in millions 2016 2015 Reserve for estimated losses on uncompleted contracts (a) $ 37 $ 60 Retainage payable 46 49 Income taxes payable 36 56 Value-added tax payable 15 12 Insurance payable 9 12 Dividend payable 12 12 Other miscellaneous liabilities (b) 62 62 Total other current liabilities $ 217 $ 263 (a) See Note 2 for further discussion on our reserve for estimated losses on uncompleted contracts. (b) Included in "other miscellaneous liabilities" is deferred rent of $6 million and $7 million as of June 30, 2016 and December 31, 2015 , respectively. Other Liabilities Included in "other liabilities" on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 is noncurrent deferred rent of $109 million and $114 million , respectively. Also included in "other liabilities" is a payable to our former parent of $19 million in each of the periods presented. This amount will be paid to our former parent upon receipt of a tax refund from the United States ("U.S.") Internal Revenue Service in an amount greater than or equal to $19 million .

Business Segment Information

Business Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information We are organized into three core business segments and two non-core business segments. Our three core business segments focus on our core strengths in technology and consulting, engineering and construction, and government services. Our two non-core business segments are our Non-strategic Business segment, which includes businesses we intend to exit upon completion of existing contracts because they are no longer a part of our future strategic focus, and "Other", which includes our corporate expenses and general and administrative expenses not allocated to the other business segments. Each business segment excluding Other reflects a reportable segment led by a separate business segment president who reports directly to our chief operating decision maker ("CODM"). Business segment performance is evaluated by our CODM using gross profit (loss) and equity in earnings of unconsolidated affiliates, which is defined as business segment revenues less the cost of revenues, and includes overhead directly attributable to the business segment. Our business segments are described below. Technology & Consulting ("T&C"). Our T&C business segment combines proprietary KBR technologies, knowledge-based services and our three specialist consulting brands, Granherne, Energo and GVA, under a single customer-facing global business. This business segment provides licensed technologies and consulting services throughout the oil and gas value chain, from wellhead to crude refining and through to specialty chemicals production. In addition to sharing many of the same customers, these brands share the approach of early and continuous customer involvement as they deliver optimal solutions to meet customer objectives through early planning and scope definition, advanced technologies, and project lifecycle support. Engineering & Construction ("E&C"). Our E&C business segment leverages our operational and technical excellence as a global provider of engineering, procurement, construction ("EPC"), commissioning and maintenance services for oil and gas, refining, petrochemical and chemical customers. E&C is managed on a geographic basis in order to facilitate close proximity to our customers and our people, while utilizing a consistent global execution strategy. Government Services ("GS"). Our GS business segment focuses on long-term service contracts with annuity streams, particularly for the United Kingdom ("U.K."), Australian and U.S. governments. Non-strategic Business. Our Non-strategic Business segment represents the operations or activities that we intend to exit upon completion of existing contracts. This segment also included businesses we exited upon sale to third parties during 2015. Other. Our Other business segment includes our corporate expenses and general and administrative expenses not allocated to the business segments above and any future activities that do not individually meet the criteria for segment presentation. The following table presents revenues, gross profit (loss), equity in earnings of unconsolidated affiliates and operating income (loss) by reporting segment. Operations by Reportable Segment Three Months Ended Six Months Ended June 30, June 30, Dollars in millions 2016 2015 2016 2015 Revenues: Technology & Consulting $ 98 $ 80 $ 195 $ 152 Engineering & Construction 621 953 1,227 1,930 Government Services 229 158 439 313 Other — — — — Subtotal 948 1,191 1,861 2,395 Non-strategic Business 61 190 144 422 Total revenues $ 1,009 $ 1,381 $ 2,005 $ 2,817 Gross profit (loss): Technology & Consulting $ 15 $ 21 $ 32 $ 40 Engineering & Construction 35 52 64 107 Government Services 41 (1 ) 62 (5 ) Other — — — — Subtotal 91 72 158 142 Non-strategic Business (17 ) 2 (16 ) 2 Total gross profit (loss) $ 74 $ 74 $ 142 $ 144 Equity in earnings of unconsolidated affiliates: Technology & Consulting $ — $ — $ — $ — Engineering & Construction 23 40 41 61 Government Services 10 13 21 27 Other — — — — Subtotal 33 53 62 88 Non-strategic Business — — — — Total equity in earnings of unconsolidated affiliates $ 33 $ 53 $ 62 $ 88 Segment operating income (loss): Technology & Consulting $ 13 $ 20 $ 28 $ 37 Engineering & Construction 40 74 77 140 Government Services 49 10 79 19 Other (22 ) (36 ) (44 ) (64 ) Subtotal 80 68 140 132 Non-strategic Business (17 ) 28 (12 ) 28 Total segment operating income (loss) $ 63 $ 96 $ 128 $ 160 Changes in Estimates There are many factors that may affect the accuracy of our cost estimates and ultimately our future profitability. These include, but are not limited to, the availability and costs of resources (such as labor, materials and equipment), productivity and weather, and for unit rate and construction service contracts, the availability and detail of customer supplied engineering drawings. In the past, we have realized both lower and higher than expected margins and have incurred losses as a result of unforeseen changes in our project costs. We recognize revisions of revenues and costs in the period in which the revisions are known. This may result in the recognition of costs before the recognition of related revenue recovery, if any. However, historically, our estimates have been reasonably dependable regarding the recognition of revenues and profit on percentage of completion contracts. Significant changes in estimates by business segment, which impacted operating income during the periods presented, are as follows: Engineering & Construction During the three and six months ended June 30, 2016 , revenues, gross profit, and segment operating income include $36 million and $56 million , respectively, related to a change in estimate resulting from a settlement on close out of an liquefied natural gas ("LNG") project in Africa. During the three months and six months ended June 30, 2016 , we recognized unfavorable changes in estimates of losses of $39 million and $70 million , respectively, primarily due to equipment failure during plant start-up on an EPC ammonia project in the U.S. During the three and six months ended June 30, 2015 , we recognized an unfavorable change in estimated costs at completion of $2 million , primarily due to increased subcontractor costs. This project became a loss contract during the three months ended June 30, 2015. Included in the reserve for estimated losses on uncompleted contracts, which is a component of "other current liabilities" on our condensed consolidated financial statements is $5 million and $4 million as of June 30, 2016 and December 31, 2015 , respectively, related to this project. The project is 96% complete as of June 30, 2016 , and we expect to complete it by the end of 2016 . During the three and six months ended June 30, 2015 we recognized favorable changes in estimates of losses of $18 million and $16 million , respectively, on our seven Canadian pipe fabrication and module assembly projects, primarily due to negotiated settlements. As of June 30, 2015 the reserve for estimated losses on uncompleted contracts which is a component of "other current liabilities" on our condensed consolidated financial statements included $11 million for these projects which were completed in 2015. Government Services During the three months ended June 30, 2016 , revenues, gross profit, and segment operating income included a favorable change in estimate of $33 million as a result of a settlement with the U.S. government regarding reimbursement of previously expensed legal fees associated with the sodium dichromate litigation. See Note 12 to our condensed consolidated financial statements for information related to the settlement with the U.S. government. The six months ended June 30, 2016 included the $33 million favorable change discussed above and $15 million favorable change related to the approval of a change order on a road construction project in the Middle East in the first quarter of 2016. Non-strategic Business During the three and six months ended June 30, 2016 , we recognized unfavorable changes in estimates of losses on a power project of $21 million and $26 million , respectively, primarily due to increased subcontractor costs. Included in the reserve for estimated losses on uncompleted contracts within "other current liabilities" is $26 million and $47 million as of June 30, 2016 and December 31, 2015 , respectively, related to the power project discussed above. The project is 84% complete as of June 30, 2016 , and we expect to complete it in the first half of 2017. Our estimates of revenues and costs at completion have been, and may continue to be, impacted by our performance, the performance of our subcontractors, and the U.S. labor market. Our estimated losses at completion as of June 30, 2016 represents our best estimate based on current information. Actual results could differ from the estimates we have used to account for this power project as of June 30, 2016 . Acquisitions, Dispositions and Other Transactions On January 11, 2016, we acquired 100% of the outstanding common stock of three subsidiaries of Connell Chemical Industry LLC (through its subsidiary, Chematur Technologies AB): Plinke GmbH ("Plinke"), Weatherly Inc., ("Weatherly"), and Chematur Ecoplanning Oy ("Ecoplanning"). Plinke specializes in proprietary technology and specialist equipment for the purification and concentration of inorganic acids used or produced in hydrocarbon processing facilities. Weatherly provides nitric acid and ammonium nitrate proprietary technologies and services to the fertilizer market. Ecoplanning offers proprietary evaporation and crystallization technologies and specialist equipment for weak acid and base solutions. As a result of this acquisition, we can expand our technology and consulting solutions into new markets while leveraging KBR's global sales and EPC capabilities. In accordance with FASB Accounting Standards Codification ("ASC") Topic 805, Business Combinations, we accounted for this transaction using the acquisition method. We effected the acquisition through $25 million in cash paid to the seller, less $3 million of acquired cash for net cash consideration of $22 million . The consideration paid included an escrow of $5 million that secures the indemnification obligations of the seller and other contingent obligations related to the operation of the business. We conducted an external valuation of certain acquired assets for inclusion in our balance sheet at the date of acquisition. Assets that would not normally be recorded in ordinary operations (i.e., customer relationships and other intangibles) were recorded at their estimated fair values. The excess of preliminary purchase price over the estimated fair values of the net assets acquired was recorded as goodwill. The goodwill of $22 million arising from the acquisition relates primarily to future growth opportunities to extend the acquired technologies outside North America to new customers and in revamping units of the existing customer base globally. None of the goodwill is deductible for income tax purposes. The purchase price allocation is substantially complete with the exception of the valuation of pre-acquisition contingencies, final tax returns that provide the underlying tax basis of assets and liabilities, and final appraisals of assets acquired and liabilities assumed. We expect to complete the purchase price allocation during the 12-month period following the acquisition date, in line with the acquisition method of accounting, during which time the value of the assets and liabilities, including any goodwill, may be revised as appropriate. This acquisition will be reported within our T&C business segment. We recognized costs related to this acquisition of $1 million during the six months ended June 30, 2016 . The following table summarizes the consideration paid for this acquisition and the fair value of the assets acquired and liabilities assumed as of the acquisition date and subsequent working capital adjustments. Dollars in millions Fair value of total consideration transferred $ 25 Recognized amounts of identifiable assets acquired and liabilities assumed: Tangible assets (a) 23 Intangible assets (b) 19 Liabilities (c) (33 ) Liabilities arising from contingencies (d) (6 ) Goodwill $ 22 (a) Includes $13 million of trade receivables and similar amounts due from customers and indemnification assets related to the contingent liabilities. (b) Includes developed technology of $10 million and customer relationships of $7 million . These intangible assets are amortized over their estimated useful lives up to 20 years . (c) Reflects BIE, accounts payable and other accrued liabilities (current) of $17 million and non-current liabilities of $16 million . (d) Fair value reflects our best estimate of certain contingencies pending final evaluation. As a result of this acquisition, $4 million and $14 million of revenues for the three and six months ended June 30, 2016 , respectively, and $(2) million and $1 million of gross profit (loss) for the three and six months ended June 30, 2016 , respectively, were included in our condensed consolidated statements of operations. In February 2016, we executed agreements to establish a new joint venture within our GS business segment. See Note 8 to our condensed consolidated financial statements for information related to the establishment of this new joint venture. Subsequent Event On July 1, 2016, we acquired Wyle, Inc. ("Wyle") in accordance with an agreement and plan of merger, pursuant to which a wholly owned subsidiary of KBR merged with and into Wyle, with Wyle continuing as a wholly owned subsidiary of KBR (the "Merger"). Aggregate consideration for the Merger was $600 million , including the repayment of outstanding balances under Wyle's credit facility and other transaction expenses, and is subject to certain post-closing adjustments. We funded $400 million of the cash paid with borrowings under our Credit Agreement. See Note 10 to our condensed consolidated financial statements for information related to our Credit Agreement. Wyle delivers an array of custom solutions for customers in the U.S. Department of Defense, NASA and other federal agencies. Wyle's expertise includes systems and sustainment engineering, program and acquisition management, life science research, space medical operations, information technology and the testing and evaluation of aircraft, advanced systems and networks. The Merger will combine KBR's strengths in international, large-scale government logistics and support operations with Wyle's specialized technical services, largely focused in the contiguous U.S. We recognized costs related to this acquisition of $1 million during the six months ended June 30, 2016 . We will account for the Merger using the acquisition method under ASC 805, Business Combinations. Due to the limited time since the acquisition date, we have not completed the initial accounting for the acquisition.

Cash and Equivalents (Notes)

Cash and Equivalents (Notes)	6 Months Ended
	Jun. 30, 2016
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	Cash and Equivalents We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and equivalents include cash balances held by our wholly owned subsidiaries as well as cash held by joint ventures that we consolidate. Joint venture cash balances are limited to joint venture activities and are not available for other projects, general cash needs or distribution to us without approval of the board of directors of the respective joint ventures. We expect to use joint venture cash for project costs and distributions of earnings related to joint venture operations. However, some of the earnings distributions may be paid to other KBR entities where the cash can be used for general corporate needs. The components of our cash and equivalents balance are as follows: June 30, 2016 Dollars in millions International (a) Domestic (b) Total Operating cash and equivalents $ 116 $ 287 $ 403 Short-term investments (c) 263 88 351 Cash and equivalents held in joint ventures 44 6 50 Total $ 423 $ 381 $ 804 December 31, 2015 Dollars in millions International (a) Domestic (b) Total Operating cash and equivalents $ 177 $ 253 $ 430 Short-term investments (c) 293 107 400 Cash and equivalents held in joint ventures 49 4 53 Total $ 519 $ 364 $ 883 (a) Includes deposits held in non-U.S. operating accounts. (b) Includes U.S. dollar and foreign currency deposits held in operating accounts that constitute onshore cash for tax purposes but may reside either in the U.S. or in a foreign country. (c) Includes time deposits, money market funds, and other highly liquid short-term investments.

Accounts Receivable (Notes)

Accounts Receivable (Notes)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Accounts Receivable	Accounts Receivable The components of our accounts receivable, net of allowance for doubtful accounts balance are as follows: June 30, 2016 Dollars in millions Retainage Trade & Other Total Technology & Consulting $ 3 $ 50 $ 53 Engineering & Construction 65 402 467 Government Services 2 75 77 Other — 2 2 Subtotal 70 529 599 Non-strategic Business 5 14 19 Total $ 75 $ 543 $ 618 December 31, 2015 Dollars in millions Retainage Trade & Other Total Technology & Consulting $ — $ 70 $ 70 Engineering & Construction 51 402 453 Government Services 2 75 77 Other — 2 2 Subtotal 53 549 602 Non-strategic Business 9 17 26 Total $ 62 $ 566 $ 628

Percentage-Of-Completion Contra

Percentage-Of-Completion Contracts	6 Months Ended
	Jun. 30, 2016
Contractors [Abstract]
Percentage-of-Completion Contracts	Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts and Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts Our CIE balances by business segment are as follows: June 30, December 31, Dollars in millions 2016 2015 Technology & Consulting $ 39 $ 42 Engineering & Construction 100 114 Government Services 113 68 Subtotal 252 224 Non-strategic Business — — Total $ 252 $ 224 Our BIE balances by business segment are as follows: June 30, December 31, Dollars in millions 2016 2015 Technology & Consulting $ 64 $ 72 Engineering & Construction 346 307 Government Services 55 69 Subtotal 465 448 Non-strategic Business 43 61 Total $ 508 $ 509 Unapproved change orders and claims The amounts of unapproved change orders and claims included in determining the profit or loss on contracts are as follows: Dollars in millions 2016 2015 Amounts included in project estimates-at-completion at January 1, $ 46 $ 31 Additions 70 42 Approved change orders (27 ) (21 ) Adjustment due to disposition of business — (6 ) Amounts included in project estimates-at-completion at June 30, $ 89 $ 46 Amounts recorded in revenues on a percentage-of-completion basis at June 30, $ 44 $ 35 The table above excludes unapproved change orders and claims related to our unconsolidated affiliates. Our proportionate share of unapproved change orders and claims was $67 million as of June 30, 2016 and $73 million as of June 30, 2015 on a project in our E&C business segment. Liquidated damages Some of our engineering and construction contracts have schedule dates and performance obligations that if not met could subject us to penalties for liquidated damages. These generally relate to specified activities that must be completed by a set contractual date or by achievement of a specified level of output or throughput. Each contract defines the conditions under which a customer may make a claim for liquidated damages. However, in some instances, liquidated damages are not asserted by the customer, but the potential to do so is used in negotiating or settling claims and closing out the contract. Any accrued liquidated damages are recognized as a reduction in revenues in the consolidated statements of operations. It is possible that liquidated damages related to several projects totaling $7 million at June 30, 2016 and $6 million at December 31, 2015 could be incurred if the projects are completed as currently forecasted. However, based upon our evaluation of our performance, we have concluded these liquidated damages are not probable and therefore, they have not been recognized.

Claims and Accounts Receivable

Claims and Accounts Receivable (Notes)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Claims Receivable	Claims and Accounts Receivable The components of our claims and accounts receivable account balance not expected to be collected within the next 12 months are as follows: June 30, December 31, Dollars in millions 2016 2015 Engineering & Construction $ 400 $ 400 Government Services 132 126 Total $ 532 $ 526 Our E&C business segment's claims and accounts receivable is related to our EPC 1 arbitration. See Note 13 to our condensed consolidated financial statements under PEMEX and PEP Arbitration for further discussion. Our GS business segment's claims and accounts receivable reflects claims filed with the U.S. government related to payments not yet received for cost incurred under various U.S. government contracts. These claims relate to disputed costs or contracts where our costs have exceeded the U.S. government's funded value on the task order. Included in the amount above is $83 million as of June 30, 2016 and December 31, 2015 , related to Form 1s issued by the U.S. government questioning or objecting to costs billed to them. See Note 12 of our condensed consolidated financial statements for additional discussions. This amount also includes $49 million and $43 million as of June 30, 2016 and December 31, 2015 , respectively, related to contracts where our costs have exceeded the U.S. government's funded values on the underlying task orders or task orders where the U.S. government has not authorized us to bill. We believe such disputed costs will be resolved in our favor at which time the U.S. government will be required to obligate funds from appropriations for the year in which resolution occurs.

Asset Impairment and Restructur

Asset Impairment and Restructuring (Notes)	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	Restructuring In connection with our long-term strategic reorganization, we announced that beginning in the fourth quarter of 2014 we would undertake a restructuring, which would include actions such as reducing the amount of real estate we utilized and significantly reducing our workforce. There were additional actions undertaken in 2015 and 2016, including staff reductions to support current business levels. The employees affected by these reductions are eligible for separation benefits upon their termination and the dates have occurred or are expected to occur through 2018. The table below provides a rollforward of one-time charges associated with employee terminations based on the fair value of the termination benefits. These amounts are included in "other current liabilities" on our condensed consolidated balance sheets. Dollars in millions Severance Accrual Balance at December 31, 2015 $ 19 Charges 11 Payments (16 ) Balance at June 30, 2016 $ 14 Balance at December 31, 2014 $ 21 Charges 11 Payments (15 ) Balance at June 30, 2015 $ 17

Equity Method Investments And V

Equity Method Investments And Variable Interest Entities	6 Months Ended
	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments And Variable Interest Entities	Equity Method Investments and Variable Interest Entities We conduct some of our operations through joint ventures which operate through partnership, corporation, undivided interest and other business forms and are principally accounted for using the equity method of accounting. Additionally, the majority of our joint ventures are VIEs. The following table presents a rollforward of our equity in and advances to unconsolidated affiliates: June 30, December 31, Dollars in millions 2016 2015 Beginning balance $ 281 $ 151 Equity in earnings of unconsolidated affiliates 62 149 Distribution of earnings of unconsolidated affiliates (b) (28 ) (92 ) Advances (Receipts) 8 (10 ) Investments (a) 1 80 Foreign currency translation adjustments (4 ) (9 ) Other (5 ) 1 Balance before reclassification $ 315 $ 270 Reclassification of excess distributions (b) 6 16 Recognition of excess distributions (b) (5 ) (5 ) Ending balance $ 316 $ 281 (a) In 2015, investments included a $58 million investment in the Brown & Root Industrial Services joint venture, a $24 million investment in EPIC Piping LLC ("EPIC") joint venture, and the disposition of a joint venture included in the sale of the Building Group. (b) We received cash dividends in excess of the carrying value of one of our investments. We have no obligation to return any portion of the cash dividends received. We recorded the excess dividend amount as "deferred income from unconsolidated affiliates" on our condensed consolidated balance sheets and recognize these dividends as earnings are generated by the investment. Equity Method Investments New Investments U.K. Military Flying Training System ("UKMFTS") project. In February 2016, Affinity Flying Training Services Ltd. ("Affinity"), a joint venture between KBR and Elbit Systems, was awarded a service contract by a third party to procure, operate and maintain aircraft, and aircraft-related assets over an 18 -year contract period, in support of the UKMFTS project. KBR owns a 50% interest in Affinity. In addition, KBR owns a 50% interest in the two joint ventures, Affinity Capital Works and Affinity Flying Services, which provide procurement, operations and management support services under subcontracts with Affinity. The remaining 50% interest in these entities is held by Elbit Systems. KBR has provided its proportionate share of certain limited financial and performance guarantees in support of the partners' contractual obligations. The three project-related entities are VIEs; however, KBR is not the primary beneficiary of any of these entities. We account for KBR's interests in each entity using the equity method of accounting within our GS business segment. The project is funded through KBR and Elbit Systems provided equity, subordinated debt and non-recourse third party commercial bank debt. During the first quarter of 2016, under the terms of the subordinated debt agreement between the partners and Affinity, we advanced our proportionate share, or $14 million , to meet initial working capital needs of the venture. We expect repayment on the advance and the associated interest over the term of the project. The amount is included in the "equity in and advances" balance on our condensed consolidated balance sheets as of June 30, 2016 and in "payments from (advances to) unconsolidated affiliates, net" in our condensed consolidated statement of cash flows for the six months ended June 30, 2016 . Unconsolidated Variable Interest Entities Generally, our maximum exposure to loss is limited to our equity investment in the joint venture and any amounts payable to us for services we provided to the joint venture reduced for any unearned revenues on the projects. On the Affinity joint venture, our maximum exposure to loss is limited to our proportionate share of any amounts required to fund future losses incurred by those entities under their respective contracts with the project company. On the Aspire Defence project, in addition to the maximum exposure to loss indicated in the table below, we have exposure to any losses incurred by the construction or operating joint ventures under their respective subcontract arrangements with the project company. Our exposure is, however, limited to our equity participation in these entities. The Ichthys LNG joint venture executes a project that has a lump sum component; in addition to the maximum exposure to loss indicated in the table below, we have an exposure to losses to the extent of our ownership percentage in the joint venture if the project exceeds the lump sum component. Our maximum exposure to loss on the EBIC Ammonia plant reflects our 65% ownership of the development corporation which owns 25% of the company that consolidates the ammonia plant. We continue to monitor our investment in this joint venture as the profitability of its operations has been impacted by the challenges related to the availability of natural gas feedstock in Egypt. The following summarizes the total assets and total liabilities as reflected in our condensed consolidated balance sheets as well as our maximum exposure to losses related to our unconsolidated VIEs in which we have a significant variable interest but are not the primary beneficiary. June 30, 2016 Dollars in millions Total assets Total liabilities Maximum exposure to loss Affinity project $ 14 $ 3 $ 14 Aspire Defence project $ 15 $ 111 $ 15 Ichthys LNG project $ 104 $ 58 $ 104 U.K. Road projects $ 33 $ 10 $ 33 EBIC Ammonia plant (65% interest) $ 34 $ 2 $ 21 December 31, 2015 Dollars in millions Total assets Total liabilities Maximum Aspire Defence project $ 17 $ 121 $ 17 Ichthys LNG project $ 87 $ 63 $ 87 U.K. Road projects $ 34 $ 11 $ 34 EBIC Ammonia plant (65% interest) $ 36 $ 2 $ 22 Related Party Transactions We often provide engineering, construction management and other subcontractor services to our joint ventures and our revenues include amounts related to these services. For the six months ended June 30, 2016 and 2015 , our revenues included $151 million and $127 million , respectively, related to the services we provided to our joint ventures, primarily within our E&C business segment. Under the terms of our transition services agreement ("TSA") with Brown & Root Industrial Services joint venture, we collect cash from customers and make payments to vendors and employees on behalf of the joint venture. For the six months ended June 30, 2016 , we incurred approximately $8 million of reimbursable costs under the TSA. In addition, in 2015, we entered into an alliance agreement with our EPIC joint venture to provide certain pipe fabrication services to KBR. For the six months ended June 30, 2016 , EPIC performed $15 million of services to KBR under the agreement. Amounts included in our condensed consolidated balance sheets related to services we provided to our unconsolidated joint ventures as of June 30, 2016 and December 31, 2015 are as follows: June 30, December 31, Dollars in millions 2016 2015 Accounts receivable, net of allowance for doubtful accounts (a) $ 23 $ 7 Costs and estimated earnings in excess of billings on uncompleted contracts (c) $ 3 $ 5 Billings in excess of costs and estimated earnings on uncompleted contracts (c) $ 54 $ 55 Accounts payable (b) $ — $ 9 (a) Includes a $13 million receivable from the Brown & Root Industrial Services joint venture at June 30, 2016 . (b) Reflects a $9 million payable to the Brown & Root Industrial Services joint venture at December 31, 2015 . (c) Reflects CIE and BIE primarily related to joint ventures within our E&C business segment as discussed above. Consolidated Variable Interest Entities We consolidate VIEs if we determine we are the primary beneficiary of the project entity because we control the activities that most significantly impact the economic performance of the entity. The following is a summary of the significant VIEs where we are the primary beneficiary: Dollars in millions June 30, 2016 Total assets Total liabilities Gorgon LNG project $ 27 $ 62 Escravos Gas-to-Liquids project $ 17 $ 33 Fasttrax Limited project $ 61 $ 57 Dollars in millions December 31, 2015 Total assets Total liabilities Gorgon LNG project $ 117 $ 145 Escravos Gas-to-Liquids project $ 16 $ 33 Fasttrax Limited project $ 74 $ 70

Pension Plans Pension Plan (Not

Pension Plans Pension Plan (Notes)	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure	Pension Plans The components of net periodic benefit cost related to pension benefits for the three and six months ended June 30, 2016 and 2015 were as follows: Three Months Ended June 30, 2016 2015 Dollars in millions United States Int’l United States Int’l Components of net periodic benefit cost Service cost $ — $ 1 $ — $ 1 Interest cost — 16 — 19 Expected return on plan assets — (23 ) (1 ) (25 ) Recognized actuarial loss 1 7 2 11 Net periodic benefit cost $ 1 $ 1 $ 1 $ 6 Six Months Ended June 30, 2016 2015 Dollars in millions United States Int’l United States Int’l Components of net periodic benefit cost Service cost $ — $ 1 $ — $ 1 Interest cost 1 33 1 38 Expected return on plan assets (1 ) (46 ) (2 ) (49 ) Recognized actuarial loss 1 14 3 22 Net periodic benefit cost $ 1 $ 2 $ 2 $ 12 For the six months ended June 30, 2016 , we have contributed approximately $21 million of the $41 million we expect to contribute to our international plans in 2016 .

Debt And Other Credit Facilitie

Debt And Other Credit Facilities	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt and Other Credit Facilities	Debt and Other Credit Facilities Credit Agreement On September 25, 2015, we entered into a $1 billion , unsecured revolving credit agreement (the "Credit Agreement") with a syndicate of banks. The Credit Agreement is guaranteed by certain of the Company's domestic subsidiaries, matures in September 2020 and is available for cash borrowings and the issuance of letters of credit related to general corporate needs. Subject to certain conditions, we may request (i) that the aggregate commitments under the Credit Agreement be increased by up to an additional $500 million , and (ii) that the maturity date of the Credit Agreement be extended by two additional one-year terms. Amounts drawn under the Credit Agreement will bear interest at variable rates, per annum, based either on (i) the London interbank offered rate ("LIBOR") plus an applicable margin of 1.375% to 1.75%, or (ii) a base rate plus an applicable margin of 0.375% to 0.75%, with the base rate equal to the highest of (a) reference bank’s publicly announced base rate, (b) the Federal Funds Rate plus 0.5%, or (c) LIBOR plus 1%. The amount of the applicable margin to be applied will be determined by the Company’s ratio of consolidated debt to consolidated EBITDA for the prior four fiscal quarters as defined in the Credit Agreement. The Credit Agreement provides for fees on letters of credit issued under the Credit Agreement at a rate equal to the applicable margin for LIBOR-based loans, except for performance letters of credit, which are priced at 50% of such applicable margin. KBR pays an annual issuance fee of 0.125% of the face amount of a letter of credit and pays a commitment fee of 0.225% to 0.25%, per annum, on any unused portion of the commitment under the Credit Agreement based on the Company's consolidated leverage ratio. As of June 30, 2016 , there were $116 million in letters of credit and no cash borrowings outstanding. The Credit Agreement contains customary covenants as defined by the agreement which include financial covenants requiring maintenance of a ratio of consolidated debt to consolidated EBITDA not greater than 3.5 to 1 and a minimum consolidated net worth of $1.2 billion plus 50% of consolidated net income for each quarter beginning September 30, 2015 and 100% of any increase in shareholders’ equity attributable to the sale of equity interests, but excluding any adjustments in shareholders' equity attributable to changes in foreign currency translation adjustments. As of June 30, 2016 , we were in compliance with our financial covenants. The Credit Agreement contains a number of other covenants restricting, among other things, our ability to incur additional liens and indebtedness, enter into asset sales, repurchase our equity shares and make certain types of investments. Our subsidiaries are restricted from incurring indebtedness, except if such indebtedness relates to purchase money obligations, capitalized leases, refinancing or renewals secured by liens upon or in property acquired, constructed or improved in an aggregate principal amount not to exceed $200 million at any time outstanding. Additionally, our subsidiaries may incur unsecured indebtedness not to exceed $200 million in aggregate outstanding principal amount at any time. We are also permitted to repurchase our equity shares, provided that no such repurchases shall be made from proceeds borrowed under the Credit Agreement, and that the aggregate purchase price and dividends paid after September 25, 2015, does not exceed the Distribution Cap (equal to the sum of $750 million plus the lesser of (1) $400 million and (2) the amount received by us in connection with the arbitration and subsequent litigation of the PEP contracts as discussed in Note 13 to our condensed consolidated financial statements). As of June 30, 2016 , the remaining availability under the Distribution Cap was approximately $675 million . Subsequent Event. As a result of the July 1, 2016 Merger discussed in Note 2 to our condensed consolidated financial statements, we funded $400 million with borrowings under our Credit Agreement. This borrowing bears interest based on the one month LIBOR rate plus an applicable margin currently equal to approximately 1.842% per annum and will reset for each subsequent period for which a borrowing is outstanding at the applicable LIBOR and margin rates. We intend to seek long-term financing to replace this debt by the end of 2016. Nonrecourse Project Debt Fasttrax Limited, a joint venture in which we indirectly own a 50% equity interest with an unrelated partner, was awarded a concession contract in 2001 with the U.K. Ministry of Defense ("MoD") to provide a Heavy Equipment Transporter Service to the British Army. Under the terms of the arrangement, Fasttrax Limited operates and maintains 91 heavy equipment transporters ("HETs") for a term of 22 years. The purchase of the HETs by the joint venture was financed through two series of bonds secured by the assets of Fasttrax Limited and a bridge loan totaling approximately £84.9 million (approximately $120 million at the exchange rate on the date of the transaction). The secured bonds are an obligation of Fasttrax Limited and are not a debt obligation of KBR as they are nonrecourse to the joint venture partners. Accordingly, in the event of a default on the notes, the lenders may only look to the assets of Fasttrax Limited for repayment. The bridge loan of approximately £12.2 million (approximately $17 million at the exchange rate on the date of the transaction) was replaced when the joint venture partners funded their equity and subordinated debt contributions in 2005. The secured bonds were issued in two classes consisting of Class A 3.5% Index Linked Bonds in the amount of £56 million (approximately $79 million at the exchange rate on the date of the transaction) and Class B 5.9% Fixed Rate Bonds in the amount of £16.7 million (approximately $24 million at the exchange rate on the date of the transaction). Semi-annual payments on both classes of bonds commenced in March 2005 and will continue through maturity in 2021. The subordinated notes payable to each of the partners initially bear interest at 11.25% increasing to 16% over the term of the notes until maturity in 2025. Semi-annual payments on the subordinated notes commenced in March 2006. For financial reporting purposes, only our partner's portion of the subordinated notes appears in the condensed consolidated financial statements.

Income per Share

Income per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Income Per Share	Income per Share Basic income per share is based upon the weighted average number of common shares outstanding during the period. Dilutive income per share includes additional common shares that would have been outstanding if potential common shares with a dilutive effect had been issued using the treasury stock method. A reconciliation of the number of shares used for the basic and diluted income per share calculations is as follows: Three Months Ended June 30, Six Months Ended June 30, Shares in millions 2016 2015 2016 2015 Basic weighted average common shares outstanding 142 144 142 144 Stock options and restricted shares — — — — Diluted weighted average common shares outstanding 142 144 142 144 For purposes of applying the two-class method in computing income per share, there were $0.4 million and $0.7 million net earnings allocated to participating securities, or a negligible amount per share, for the three and six months ended June 30, 2016 , respectively. Net earnings allocated to participating securities for the three and six months ended June 30, 2015 were $0.6 million and $0.9 million , or a negligible amount per share, respectively. The diluted income per share calculation did not include 3.3 million antidilutive weighted average shares for the three and six months ended June 30, 2016 , respectively. The diluted income per share calculation did not include 3.8 million and 3.6 million antidilutive weighted average shares for the three and six months ended June 30, 2015 , respectively.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure	Income Taxes The effective tax rate was approximately 33% and 29% for the three and six months ended June 30, 2016 , respectively. The effective tax rate for the three and six months ended June 30, 2015 was approximately 25% and 26% , respectively. The increase in our tax rate for 2016 is primarily due to changes in the jurisdictional mix of our income before provision for income taxes, including our equity in earnings of unconsolidated affiliates as well as project losses in the U.S. for which we do not recognize tax benefits. Our estimated annual effective tax rate for 2016 is currently projected to be 30% , which is lower than the U.S. statutory rate of 35% due to lower tax rates related to noncontrolling interests and equity in earnings of unconsolidated affiliates of approximately 8% offset by forecasted income in higher tax rate jurisdictions. Our estimated annual effective rate is subject to change based on the actual jurisdictions where our 2016 earnings are generated. The valuation allowance for deferred tax assets as of June 30, 2016 and December 31, 2015 was $536 million and $542 million , respectively. The change in the valuation allowance was $(6) million and $(13) million in the three months ended June 30, 2016 and 2015 , respectively, and $(6) million and $(12) million for the six months ended June 30, 2016 and 2015 , respectively. The valuation allowance is primarily related to foreign tax credit carryforwards, foreign and state net operating loss carryforwards and other deferred tax assets that, in the judgment of management, are not more-likely-than-not to be realized. The decrease in the valuation allowance for the three and six months ended June 30, 2016 reflect a reduction in the valuation of our foreign tax credit carryforwards. The tax benefit associated with the reduction in the valuation allowance is reflected in our estimated annual effective tax rate for the year. The reserve for uncertain tax positions included in "other liabilities" and "deferred income taxes" on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 was $262 million and $257 million , respectively.

U.S. Government Matters

U.S. Government Matters	6 Months Ended
	Jun. 30, 2016
United States Government Contract Work [Abstract]
U.S. Government Matters	U.S. Government Matters We provide services to various U.S. governmental agencies, which include the U.S. Department of Defense ("DoD") and the Department of State. We may have disagreements or experience performance issues on our U.S. government contracts. When performance issues arise under any of these contracts, the U.S. government retains the right to pursue various remedies, including challenges to expenditures, suspension of payments, fines and suspensions or debarment from future business with the U.S. government. Between 2002 and 2011, we provided significant support to the U.S. Army and other U.S. government agencies in support of the war in Iraq under the LogCAP III contract. We continue to support the U.S. government around the world under the LogCAP IV and other contracts. We have been in the process of closeout of the LogCAP III contract since 2011, and we expect the closeout process to continue through at least 2017. As a result of our work under LogCAP III, there are claims and disputes pending between us and the U.S. government which need to be resolved in order to close the contracts. The closeout process includes resolving objections raised by the U.S. government through a billing dispute process referred to as Form 1s and Memorandums for Record ("MFRs") and resolving results from U.S. government audits. We continue to work with the U.S. government to resolve these issues and are engaged in efforts to reach mutually acceptable resolution of these outstanding matters. However, for certain of these matters, we have filed claims with the Armed Services Board of Contract Appeals ("ASBCA") or the U.S. Court of Federal Claims ("COFC"). We also have matters related to ongoing litigation or investigations involving U.S. government contracts. We anticipate billing additional labor, vendor resolution and litigation costs as we resolve the open matters. At this time, we cannot determine the timing or net amounts to be collected or paid to close out these contracts. Form 1s The U.S. government has issued Form 1s questioning or objecting to costs we billed to them primarily related to (1) our use of private security and our provision of containerized housing under the LogCAP III contract discussed above and (2) our provision of emergency construction services primarily to U.S. government facilities damaged by Hurricanes Katrina and Wilma, under our CONCAP III contract with the U.S. Navy. As a consequence of the issuance of the Form 1s, the U.S. government has withheld payment to us on outstanding invoices, pending resolution of these matters. In certain cases, we have also withheld payment to our subcontractors related to pay-when-paid contractual terms. The U.S. government had issued Form 1s, questioning $173 million of billed costs as of June 30, 2016 and December 31, 2015 . They had previously paid us $90 million as of each period related to our services on these contracts and the remaining balance of $83 million for each period is included in “claims and accounts receivable" on our condensed consolidated balance sheets. In addition, we have withheld $32 million from our subcontractors at June 30, 2016 and December 31, 2015 , related to these questioned costs. While we continue to believe that the amounts we have invoiced the U.S. government are in compliance with our contract terms and that recovery is probable, we also continue to evaluate our ability to recover these amounts as new information becomes known. As is common in the industry, negotiating and resolving these matters is often an involved and lengthy process, which sometimes necessitates the filing of claims or other legal action as discussed above. Concurrent with our continued negotiations with the U.S. government, we await the rulings on the filed claims. We are unable to predict when the rulings will be issued or when the matters will be settled or resolved with the U.S. government. Audits In addition to reviews performed by the U.S. government through the Form 1 process, the negotiation, administration and settlement of our contracts, which primarily consist of DoD contracts, are subject to audit by the Defense Contract Audit Agency ("DCAA"). The U.S. government DCAA serves in an advisory role to the Defense Contract Management Agency ("DCMA") and the DCMA is responsible for the administration of the majority of our contracts. The scope of these audits include, among other things, the validity of direct and indirect incurred costs, provisional approval of annual billing rates, approval of annual overhead rates, compliance with the Federal Acquisition Regulations ("FAR") and Cost Accounting Standards ("CAS"), compliance with certain unique contract clauses and audits of certain aspects of our internal control systems. As of June 30, 2016 , we have completed the negotiation of both direct and indirect incurred costs for the years of significant performance under LogCAP III (2003-2011). The DCAA has commenced its review of the incurred costs for 2012, and is scheduling its reviews for the years 2013 and beyond. The direct claimed cost for these years still to be reviewed was $1 billion , which is significantly less than prior periods. The indirect costs invoiced for these years amounts to $78 million . Historically, we have recovered 99.9% of the direct and indirect costs we have claimed for reimbursement from the U.S. government. As a result, for the open audit years we have accrued our estimate of disallowed costs based on our historical recovery rate as a reduction to "claims and accounts receivable" and in "other liabilities" on our condensed consolidated balance sheets. Based on the information received to date, we do not believe the ongoing government audits will have a material adverse impact on our results of operations, financial position or cash flows. As a result of the Form 1s, open audits and claims discussed above, we have accrued a reserve for unallowable costs at June 30, 2016 and December 31, 2015 of $48 million and $50 million , respectively, as a reduction to "claims and accounts receivable" and in "other liabilities" on our condensed consolidated balance sheet. Investigations, Qui Tams and Litigation The following matters relate to ongoing litigation or federal investigations involving U.S. government contracts. Many of these matters involve allegations of violations of the False Claims Act ("FCA"), which prohibits in general terms fraudulent billings to the government. Suits brought by private individuals are called "qui tams." First Kuwaiti Trading Company arbitration. In April 2008, First Kuwaiti Trading Company ("FKTC"), one of our LogCAP III subcontractors providing housing containers, filed for arbitration with the American Arbitration Association of all its claims under various LogCAP III subcontracts. FKTC sought damages in the amount of $134 million . After complete hearings on all of FKTC's claims, an arbitration panel awarded $17 million and interest to FKTC for claims involving damages on lost or unreturned vehicles. In addition, we determined that we owe FKTC $32 million in connection with other subcontracts. We paid FKTC $19 million and will pay $4 million on pay-when-paid terms in the contract. We have accrued amounts we believe are payable to FKTC in "accounts payable" and "other current liabilities" on our condensed consolidated balance sheets. The remaining $26 million owed to FKTC under contract has not been billed to the government and we will not do so until the related claims and disputes between KBR and the government over the FKTC living container contract are resolved (see Department of Justice ("DOJ") False Claims Act complaint - FKTC Containers below). We believe any cost or damages ultimately awarded to FKTC will be billable under the LogCAP III contract. As with all costs that are billed under LogCAP III, these costs would be subject to audit by the DCAA for reasonableness. At this time, we believe that the likelihood we would incur a loss related to this matter in excess of the amounts we have accrued is remote. Electrocution litigation. During 2008, a lawsuit was filed against KBR in Pittsburgh, PA, in the Allegheny County Common Pleas Court alleging that the Company was responsible for an electrical incident which resulted in the death of a soldier at the Radwaniyah Palace Complex near Baghdad, Iraq. Plaintiffs are claiming unspecified damages for personal injury, death and loss of consortium by the parents. After extensive motion practice and appeals, the case is back before the U.S. District Court for the Western District of Pennsylvania for further action. KBR will continue to pursue all available jurisdictional and other dismissal options. At this time, we believe the likelihood we would incur a loss related to this matter is remote. As of June 30, 2016 , no amounts have been accrued. We believe the costs of litigation and any damages which might be awarded are either covered by insurance or will be billable under the LogCAP III contract. As with all costs that are billed under LogCAP III, these costs would be subject to audit by the DCAA for reasonableness. Burn Pit litigation. From November 2008 through current, KBR has been served with in excess of 60 lawsuits in various states alleging exposure to toxic materials resulting from the operation of burn pits in Iraq or Afghanistan in connection with services provided by KBR under the LogCAP III contract. Each lawsuit has multiple named plaintiffs and seeks class certification. The plaintiffs are claiming unspecified damages. All of the pending cases were removed to Federal Court and have been consolidated for multi-district litigation treatment before the U.S. Federal District Court in Baltimore, Maryland. After extensive motion practice and appeals the cases are now back before the U.S. Federal District Court in Baltimore, Maryland for further action in conformity with the Fourth Circuit's ruling on appeal. KBR will continue to pursue all available jurisdictional and other dismissal options. At this time, we believe the likelihood that we would incur a loss related to this matter is remote. As of June 30, 2016 , no amounts have been accrued. We believe any costs of litigation and any damages which might be awarded will be billable under the LogCAP III contract. As with all costs that are billed under LogCAP III, these costs would be subject to audit by the DCAA for reasonableness. Sodium Dichromate litigation. From December 2008 through September 2009, five cases were filed in various Federal District Courts against KBR by national guardsmen and other military personnel alleging exposure to sodium dichromate at the Qarmat Ali Water Treatment Plant in Iraq in 2003. The majority of the cases were re-filed and consolidated into two cases, before the U.S. District Court for the Southern District of Texas and the U.S. District Court for the District of Oregon. The Oregon case was dismissed on appeal and consolidated with the case pending in the Southern District of Texas. The Texas case was then dismissed by the Court on the merits on multiple grounds including the conclusion that no one was injured and is now on appeal to the Fifth Circuit. The plaintiffs are claiming unspecified damages. At this time, we believe that the likelihood we would incur a loss related to this matter is remote. The costs of litigation and any damages which might be awarded are billable under the Restore Iraqi Oil ("RIO") contract and the related indemnity agreement described below. As with all costs that are billed under RIO, these costs would be subject to audit by the DCAA for reasonableness. COFC/ASBCA Claims. During the period of time since the first sodium dichromate litigation was filed, we have incurred legal defense costs that we believe are reimbursable under the related U.S. government contract. We have billed for these costs and filed claims to recover the associated costs incurred to date. Due to KBR's inability to procure adequate insurance coverage for this work, the Secretary of the Army approved the inclusion of an indemnification provision in the RIO Contract pursuant to Public Law 85-804. KBR’s claims for payment were filed before the ASBCA. On December 23, 2014, we filed a Motion for Partial Summary Judgment asking the ASBCA to find that the sodium dichromate related incidents and litigation are within the definition of the "unusually hazardous risks" language in the 85-804 indemnity agreement. On August 17, 2015, the ASBCA issued an order holding that KBR is entitled to reimbursement of the sodium dichromate legal fees and any resulting judgments pursuant to the 85-804 indemnity agreement. As a result, the U.S. government has withdrawn its appeal of the ASBCA’s ruling and we have reached a settlement regarding reimbursement of the $33 million in legal fees and interest incurred through the time of the claim. As part of the settlement, all reasonable future defense costs and payment of awards will be reimbursed consistent with the Government's indemnity obligation. Qui tams. On the active qui tams of which we are aware, the U.S. government has joined one of them (see DOJ FCA complaint - Iraq Subcontractor below). We believe the likelihood that we would incur a loss in the qui tams the U.S. government has not joined is remote and as of June 30, 2016 , no amounts have been accrued. Costs incurred in defending the qui tams cannot be billed to the U.S. government until those matters are successfully resolved in our favor. If successfully resolved, we can bill 80% of the costs to the U.S. government under the federal regulations. As of June 30, 2016 , we have incurred and expensed $9 million in legal costs to date in defending ourselves in qui tams. Five of the remaining qui tam cases either have been dismissed, are on appeal from a dismissal or are at the dismissal stage. There are two active cases as discussed below. Barko qui tam. Relator Harry Barko, a KBR subcontracts administrator in Iraq for a year in 2004/2005, filed a qui tam lawsuit in June 2005 in the U.S. District Court for the District of Columbia (D.C.), alleging violations of the FCA by KBR and KBR subcontractors Daoud & Partners and Eamar Combined for General Trading and Contracting. The DOJ investigated Barko's allegations and elected not to intervene. The claim was unsealed in March of 2009. Early phases of this case focused on discovery issues, and we successfully sought review and reversal of two trial court's opinion on KBR's attorney client and work product privileges. After the second reversal, KBR was notified that the case has been transferred to a new District Court Judge who is now considering KBR's motion for summary judgment. We believe the likelihood that we will incur a loss related to this matter is remote, and therefore as of June 30, 2016 we have not accrued any loss provisions related to this matter. Howard qui tam. On March 27, 2011, Geoffrey Howard filed a complaint in the U.S. District Court for the Central District of Illinois in Rock Island, IL alleging that KBR mischarged the government $628 million for unnecessary materials and equipment. On October 7, 2014 the Department of Justice declined to intervene and the case was partially unsealed. We believe the claims lack merit, and we answered and filed a motion to dismiss which was denied on October 15, 2015. The case is starting discovery. We believe the likelihood that we will incur a loss related to this matter is remote, and therefore as of June 30, 2016 we have not accrued any loss provisions related to this matter. DOJ False Claims Act complaint - FKTC Containers. In November 2012, the U.S. Department of Justice filed a complaint in the U.S. District Court for the Central District of Illinois in Rock Island, IL against KBR, FKTC and others, related to our settlement of delay claims by our subcontractor, FKTC, in connection with FKTC's provision of living trailers for the bed down mission in Iraq in 2003-2004. The DOJ alleges that KBR knew that FKTC had submitted inflated costs, that KBR did not verify the costs, that FKTC had contractually assumed the risk for the costs which KBR submitted to the U.S. government, that KBR concealed information about FKTC's costs from the U.S. government, that KBR claimed that an adequate price analysis had been done when in fact one had not been done and that KBR submitted false claims for reimbursement to the U.S. government in connection with FKTC's services during the bed down mission. Our contractual dispute with the Army over this settlement has been ongoing since 2005. On May 6, 2013, KBR filed a motion to dismiss and in March 2014 the motion to dismiss was denied. We filed our answer on May 2, 2014. On September 30, 2014, the District Court granted FKTC's motion to dismiss for lack of personal jurisdiction. We expect discovery to be substantially completed in 2017. At this time, we believe the likelihood that we would incur a loss related to this matter is remote. As of June 30, 2016 , no amounts have been accrued. KBR Contract Claim on FKTC containers. KBR previously filed a claim before the ASBCA to recover the costs paid to FKTC to settle its delay and disruption claims. The DCMA had disallowed the majority of those costs. Those contract claims were stayed in 2013 at the request of the DOJ so that they could pursue the FCA case referenced above. On February 19, 2016, the ASBCA, at KBR’s request, lifted the stay and has allowed KBR to proceed with its contract claim for the costs withheld. KBR has requested a trial date as early in 2017 as the ASBCA’s schedule will permit. DOJ False Claims Act complaint - Iraq Subcontractor. In January 2014, the U.S. Department of Justice filed a complaint in the U.S. District Court for the Central District of Illinois in Rock Island, IL, against KBR and two former KBR subcontractors, including FKTC, alleging that three former KBR employees were offered and accepted kickbacks from these subcontractors in exchange for favorable treatment in the award and performance of subcontracts to be awarded during the course of KBR's performance of the LogCAP III contract in Iraq. The complaint alleges that as a result of the kickbacks, we submitted invoices with inflated or unjustified subcontract prices, resulting in alleged violations of the FCA and the Anti-Kickback Act. The DOJ's investigation dates back to 2004. We self-reported most of the violations and tendered credits to the U.S. government as appropriate. On May 22, 2014, FTKC filed a motion to dismiss which the U.S. government opposed. On April 22, 2014, we filed our answer and in May 2014 the U.S. government filed a Motion to Strike certain affirmative defenses and this motion was granted on March 30, 2015. We do not believe this limits KBR's ability to fully defend all allegations in this matter. As of June 30, 2016 , we have accrued our best estimate of probable loss related to an unfavorable settlement of this matter in "other liabilities" on our condensed consolidated balance sheets. At this time, we believe the likelihood that we would incur a loss related to this matter in excess of the amounts we have accrued is remote. Discovery in the case is set to close July 13, 2017 with the trial set to begin January 22, 2018.

Other Commitments And Contingen

Other Commitments And Contingencies	6 Months Ended
	Jun. 30, 2016
Loss Contingencies [Line Items]
Other Commitments and Contingencies	Other Commitments and Contingencies Litigation and regulatory matters related to the Company’s restatement of its 2013 annual financial statements In re KBR, Inc. Securities Litigation . Lead plaintiffs, Arkansas Public Employees Retirement System and IBEW Local 58/NECA Funds, seek class action status on behalf of our shareholders, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 against the Company, our former chief executive officer, our current and former chief financial officers, and our former chief accounting officer, arising out of the restatement of our 2013 annual financial statements, and seek undisclosed damages. The case is currently pending in the U.S. District Court for the Southern District of Texas, Master File No. 14-cv-01287. We filed a motion to dismiss the consolidated complaint for failure to plead particularized facts supporting a strong inference of scienter on the part of the individual defendants and the motion was denied on September 3, 2015. We intend to continue to vigorously defend against these claims. Discovery in the case has begun and is expected to continue through 2016. At this time, we expect legal fees incurred in defending this claim to reach or exceed the retention amount of our directors & officers liability insurance policy beyond which such costs should be recoverable from insurers and we believe the likelihood that we would incur a loss related to this matter in excess of the amounts we have accrued is remote. Legal fees to date have been expensed as incurred. Butorin v. Blount et al , is a shareholder derivative complaint, filed on May 27, 2014 in the U.S. District Court for the Southern District of Texas on behalf of the Company naming certain current and former members of the Company's board of directors as defendants and the Company as a nominal defendant. The complaint alleges that the named directors breached their fiduciary duties by permitting the Company's internal controls to be inadequate. On March 31, 2015, the District Court transferred the case to the U.S. District Court of Delaware. The court has lifted the stay and KBR plans to file a motion to dismiss the case. At this time, we are not yet able to determine the likelihood of loss, if any, arising from this matter. Stella Dupree and Donald Taylor v. KBR, Inc ., was filed by shareholders of the Company on May 12, 2015 in Delaware Chancery Court seeking the right to inspect and make copies of certain books and records of the Company under §220 of Delaware General Corporation Law relating primarily to the restatement of our 2013 annual financial statements. The remaining plaintiff voluntarily dismissed this case on February 26, 2016 following receipt of a limited set of documents from the Company. This matter is now resolved. We have also received requests for information and a subpoena for documents from the Securities Exchange Commission ("SEC") regarding the restatement of our 2013 annual financial statements. We have been and intend to continue cooperating with the SEC. PEMEX and PEP Arbitration In 1997, Commisa, a subsidiary of KBR, Inc., entered into a contract with PEP, a subsidiary of PEMEX, the Mexican national oil company, to build offshore platforms and treatment and re-injection facilities in the Bay of Campeche, offshore Mexico. The project, known as EPC 1, encountered significant schedule delays and increased costs due to problems with design work, late delivery and defects in equipment, increases in scope and other changes. PEP took possession of the facilities in March 2004 prior to the completion of our scope of work and without paying us for our work. We filed for arbitration with the International Chamber of Commerce ("ICC") in 2004 claiming recovery of damages of approximately $323 million . PEP subsequently filed counterclaims totaling $157 million . In December 2009, the ICC arbitration panel ruled in our favor, and we were awarded a total of approximately $351 million including legal and administrative recovery fees as well as interest. PEP was awarded approximately $6 million on counterclaims, plus interest on a portion of that sum. In connection with this award, we recognized a gain of $117 million net of tax in 2009. U.S. Proceedings. Collection efforts have involved multiple actions. On August 27, 2013, the U.S. District Court for the Southern District of New York entered an order stating it would confirm the award even though it had been annulled in Mexico (see Mexico proceedings discussion below). The judgment included reimbursement for sums Commisa was forced to pay from our performance bonds that PEP had previously called (see Performance Bonds discussion below). PEP filed a notice of appeal to the U.S. Court of Appeals for the Second Circuit on October 16, 2013 and posted $465 million cash as security for the judgment pending appeal. Oral arguments on the appeal was held on November 20, 2014. The U.S. government was invited to file a brief and did so, and the parties have filed responses to the U.S. government's brief. We continue to await the Court's ruling on the matter. There has been no indication as to when a decision will be reached and we are not aware of any factors preventing a decision from being reached. PEP could seek rehearing at the court of appeals and a review by the U.S. Supreme Court. At this time, we are unable to predict the timing of any ruling or resolution concerning this matter. Mexico Proceedings. PEP's initial multiple attempts to nullify the award in Mexico were rejected by the Mexican courts. However, in September 2011, the Collegiate Court ruled that PEP, by administratively rescinding the contract in 2004, deprived the arbitration panel of jurisdiction and the award was null and void. PEP continues to litigate in Mexico. After Mexican courts ruled that they had no jurisdiction to hear further litigation, PEP obtained an amparo from a Mexican court stating that PEP’s rights had been denied when the other courts declined to take jurisdiction. Commisa has appealed the amparo . Other Proceedings. Commisa also initiated collection proceedings in Luxembourg and sought to collect under the North American Free Trade Agreement, the latter of which has been denied pending collection efforts in the U.S. and in Luxembourg. Performance Bonds We had provided approximately $80 million in performance bonds to PEP when the project was awarded. The bonds were written by a Mexican bond company and backed by a U.S. insurance company which is indemnified by KBR. As a result of the ICC arbitration award in December 2009, the panel determined that KBR had performed on the project and recovery on the bonds by PEP was precluded. Notwithstanding, PEP filed an action in Mexico in June 2010 against the Mexican bond company to collect the bonds. On June 17, 2013, after proceedings in multiple Mexican courts, we were required to pay $108 million to the Mexican bond company. The $108 million consists of the $80 million in outstanding bonds, plus $26 million in related interest and other expenses and $2 million in legal and banking fees. These sums were added to the judgment entered by the Federal Court in New York as discussed above. Consistent with our treatment of probable claim recoveries, we have recorded $400 million of the ICC arbitration award, net of advances, in "claims and accounts receivable" on the condensed consolidated balance sheets. PEP has posted $465 million in cash collateral in the U.S. under the control of the Federal District Court in New York. In addition we have taken action to attach assets in Luxembourg as additional protection to collect on the ICC arbitration award. Although it is possible we could resolve and collect the amounts due from PEP in the next 12 months , we believe the timing of the collection of the award is uncertain; therefore, consistent with our prior practice, as of June 30, 2016 , we continue to classify the amount recorded for financial reporting purposes due from PEP as long term. Other Matters The U.S. DOJ and the SEC are conducting investigations of news reports related to Unaoil, a Monaco based company, and activities Unaoil may have engaged in related to international projects involving several global companies, including KBR. We have been, and intend to continue, cooperating with the DOJ and the SEC in their investigations, which includes the voluntary submission of information and compliance with document requests, including a formal request from the SEC by subpoena.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity The following tables summarize our activity in shareholders’ equity: Dollars in millions Total PIC Retained Earnings Treasury Stock AOCL NCI Balance at December 31, 2015 $ 1,052 $ 2,070 $ 595 $ (769 ) $ (831 ) $ (13 ) Share-based compensation 10 10 — — — — Tax benefit increase related to share-based plans 1 1 — — — — Dividends declared to shareholders (23 ) (23 ) — — — Repurchases of common stock (2 ) — — (2 ) — — Issuance of ESPP shares 1 (1 ) — 2 — — Distributions to noncontrolling interests (9 ) — — — — (9 ) Net income 92 — 89 — — 3 Other comprehensive income (loss), net of tax 23 — — — 23 — Balance at June 30, 2016 $ 1,145 $ 2,080 $ 661 $ (769 ) $ (808 ) $ (19 ) Dollars in millions Total PIC Retained Treasury AOCL NCI Balance at December 31, 2014 $ 935 $ 2,091 $ 439 $ (712 ) $ (876 ) $ (7 ) Acquisition of noncontrolling interest (40 ) (40 ) — — — — Share-based compensation 10 10 — — — — Common stock issued upon exercise of stock options 1 1 — — — — Dividends declared to shareholders (23 ) — (23 ) — — — Repurchases of common stock (17 ) — — (17 ) — — Issuance of ESPP shares 2 (1 ) — 3 — — Distributions to noncontrolling interests (12 ) — — — — (12 ) Net income 119 — 106 — — 13 Other comprehensive income, net of tax (39 ) — — — (40 ) 1 Balance at June 30, 2015 $ 936 $ 2,061 $ 522 $ (726 ) $ (916 ) $ (5 ) Accumulated other comprehensive loss, net of tax June 30, Dollars in millions 2016 2015 Accumulated foreign currency translation adjustments, net of tax of $1 and $5 $ (258 ) $ (265 ) Pension and post-retirement benefits, net of tax of $206 and $228 (548 ) (648 ) Fair value of derivatives, net of tax of $0 and $0 (2 ) (3 ) Total accumulated other comprehensive loss $ (808 ) $ (916 ) Changes in accumulated other comprehensive loss, net of tax, by component Dollars in millions Accumulated foreign currency translation adjustments Accumulated pension liability adjustments Changes in fair value of derivatives Total Balance at December 31, 2015 $ (269 ) $ (560 ) $ (2 ) $ (831 ) Other comprehensive income adjustments before reclassifications 11 — — 11 Amounts reclassified from accumulated other comprehensive income — 12 — 12 Balance at June 30, 2016 $ (258 ) $ (548 ) $ (2 ) $ (808 ) Dollars in millions Accumulated foreign currency translation adjustments Accumulated pension liability adjustments Changes in fair value of derivatives Total Balance at December 31, 2014 $ (203 ) $ (670 ) $ (3 ) $ (876 ) Other comprehensive income adjustments before reclassifications (62 ) — — (62 ) Amounts reclassified from accumulated other comprehensive income — 22 — 22 Balance at June 30, 2015 $ (265 ) $ (648 ) $ (3 ) $ (916 ) Reclassifications out of accumulated other comprehensive loss, net of tax, by component Six Months Ended June 30, Dollars in millions 2016 2015 Affected line item on the Condensed Consolidated Statements of Operations Accumulated pension liability adjustments Amortization of actuarial loss (a) $ (15 ) $ (25 ) See (a) below Tax benefit 3 3 Provision for income taxes Net pension and post-retirement benefits $ (12 ) $ (22 ) Net of tax (a) This item is included in the computation of net periodic pension cost. See Note 9 to our condensed consolidated financial statements for further discussion.

Share Repurchase

Share Repurchase	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Share Repurchases	Share Repurchases Authorized Share Repurchase Program On February 25, 2014, our Board of Directors authorized a plan to repurchase up to $350 million of our outstanding common shares, which replaced and terminated the August 26, 2011 share repurchase program. The authorization does not obligate the Company to acquire any particular number of common shares and may be commenced, suspended or discontinued without prior notice. The share repurchases are intended to be funded through the Company’s current and future cash and the authorization does not have an expiration date. Share Maintenance Programs Stock options and restricted stock awards granted under the KBR Stock and Incentive Plan may be satisfied using shares of our authorized but unissued common stock or our treasury share account. The Employee Stock Purchase Plan ("ESPP") allows eligible employees to withhold up to 10% of their earnings, subject to some limitations, to purchase shares of KBR common stock. These shares are issued from our treasury share account. Withheld to Cover Program In addition to the plans above, we also have in place a "withheld to cover" program, which allows us to withhold ordinary shares from employees in connection with the settlement of income tax and related benefit withholding obligations arising from the issuance of share based equity awards under the KBR Stock and Incentive Plan. The table below presents information on our share repurchases activity under these programs: Three Months Ended Six Months Ended June 30, 2016 June 30, 2016 Number of Shares Average Price per Share Dollars in Millions Number of Shares Average Price per Share Dollars in Millions Repurchases under the $350 million authorized share repurchase program — n/a $ — — n/a $ — Repurchases under the existing share maintenance programs — n/a — — n/a — Withheld to cover shares 27,509 14.84 — 145,545 14.00 2 Total 27,509 $ 14.84 $ — 145,545 $ 14.00 $ 2 Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 Number of Shares Average Price per Share Dollars in Millions Number of Shares Average Price per Share Dollars in Millions Repurchases under the $350 million authorized share repurchase program — n/a $ — 496,440 $ 15.12 $ 7 Repurchases under the existing share maintenance programs 107,592 $ 15.26 2 466,974 15.44 7 Withheld to cover shares 47,130 18.20 1 155,406 16.91 3 Total 154,722 $ 16.16 $ 3 1,118,820 $ 15.50 $ 17

Financial Instruments And Risk

Financial Instruments And Risk Management Financial Instruments And Risk Management	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value, Concentration of Risk	Financial Instruments and Risk Management Foreign currency risk. We conduct business globally in numerous currencies and are therefore exposed to foreign currency fluctuations. We may use derivative instruments to reduce the volatility of earnings and cash flows associated with changes in foreign currency exchange rates. We do not use derivative instruments for speculative trading purposes. We generally utilize foreign exchange forwards and currency option contracts to hedge exposures associated with forecasted future cash flows and to hedge exposures present on our balance sheet. As of June 30, 2016 , the gross notional value of our foreign currency exchange forwards and option contracts used to hedge balance sheet exposures was $85 million , all of which had durations of 12 days or less. We also had approximately $31 million (gross notional value) of cash flow hedges which had durations of approximately 37 months or less. The fair value of our balance sheet and cash flow hedges included in "other current assets" and "other current liabilities" on our condensed consolidated balance sheets was immaterial at June 30, 2016 and December 31, 2015 , respectively. The fair values of these derivatives are considered Level 2 under ASC 820 - Fair Value Measurement as they are based on quoted prices directly observable in active markets. The following table summarizes the recognized changes in fair value of our balance sheet hedges offset by remeasurement of balance sheet positions. These amounts are recognized in our condensed consolidated statements of operations for the periods presented. The net of our changes in fair value of hedges and the remeasurement of our assets and liabilities is included in "other non-operating income (expense)" on our condensed consolidated statements of operations. June 30, December 31, Gains (losses) dollars in millions 2016 2015 Balance sheet hedges - fair value $ (5 ) $ (40 ) Balance sheet position - remeasurement 19 50 Net $ 14 $ 10

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements On March 31, 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718) - Improvements to Employee Share-Based Payment Accounting. The new standard is intended to simplify several aspects of the accounting for share-based payment transactions including (a) the income tax consequences, (b) classification of awards as either equity or liabilities, and (c) classification on the statement of cash flows. This ASU is effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods and early adoption is permitted. The application of the amendments requires various transition methods depending on the specific item. We do not expect adoption of this ASU to be material to our ongoing financial reporting or on known trends, demands, uncertainties and events in our business. On February 25, 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which requires lessees to recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term for all leases with terms longer than 12 months. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases. Recognition, measurement and presentation of expenses will depend on classification as a finance or operating lease. This ASU is effective for annual periods beginning after December 15, 2018 and interim periods within those annual periods. Early adoption is permitted. We are currently in the process of assessing the impact of this ASU on our financial statements. We have not yet determined the effect of the standard on our ongoing financial reporting or the future impact of adoption on known trends, demands, uncertainties and events in our business. On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU supersedes the revenue recognition requirements in ASC 605 - Revenue Recognition and most industry-specific guidance throughout the Codification. The standard requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASU 2014-09 was initially effective for annual and interim reporting periods beginning after December 15, 2016. Subsequent amendments have been issued as follows: On August 12, 2015, the FASB issued ASU No. 2015-14 which approved a one year deferral of the effective date of this standard. The FASB also approved changes allowing for early adoption of the standard as of the original effective date. The revised effective date for the ASU is January 1, 2018, and can be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the ASU recognized at the date of initial application. On March 17, 2016, the FASB issued ASU No. 2016-08 to amend and clarify the principal versus agent considerations under the new revenue recognition standard. Specifically, an entity is required to determine whether the nature of a promise is to provide the specified good or service itself (that is, the entity is a principal) or to arrange for the good or service to be provided to the customer by the other party (that is, the entity is an agent). The determination influences the timing and amount of revenue recognition. On April 14, 2016, the FASB issued ASU No. 2016-10 to improve the guidance for determining whether the promised goods or services are separately identifiable and also provide implementation guidance on determining whether an entity's promise to grant a license provides a customer with either a right to use the entity's intellectual property (which is satisfied at a point in time) or a right to access the entity's intellectual property (which is satisfied over time). On May 10, 2016, the FASB issued ASU No. 2016-12 to provide clarifying guidance in certain narrow scope areas and to add some practical expedients to the core revenue recognition principle in Topic 606. We intend to apply the modified retrospective method of adoption with the cumulative effect of adoption recognized at the date of initial application. We are in the process of assessing the impact of the adoption of ASU 2014-09 on our financial statements. We have not yet determined the effect of the adoption on our ongoing financial reporting or the future impact of adoption on known trends, demands, uncertainties and events in our business. On June16, 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable supportable forecast and is effective for annual periods beginning after December 15, 2019 and interim periods within those annual periods. Early adoption is permitted for annual periods after December 15, 2018, including interim periods within those annual periods. We are currently in the process of assessing the impact of this ASU on our financial statements. We have not yet determined the effect of the standard on our ongoing financial reporting or the future impact of adoption on known trends, demands, uncertainties and events in our business.

Description Of Company And Si26

Description Of Company And Significant Accounting Policies (Policy)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Principles of consolidation	Principles of Consolidation Our condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") and include the accounts of KBR and our wholly owned and majority-owned, controlled subsidiaries and variable interest entities ("VIEs") of which we are the primary beneficiary. We account for investments over which we have significant influence but not a controlling financial interest using the equity method of accounting. See Note 8 to our condensed consolidated financial statements for further discussion on our equity investments and VIEs. The cost method is used when we do not have the ability to exert significant influence. All material intercompany balances and transactions are eliminated in consolidation. Certain prior year amounts have been reclassified to conform to the current year presentation on the condensed consolidated statements of operations, condensed consolidated balance sheets and the condensed consolidated statements of cash flows. We have evaluated all events and transactions occurring after the balance sheet date but before the financial statements were issued and have included the appropriate disclosures.
Use of estimates	Use of Estimates The preparation of our condensed consolidated financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Areas requiring significant estimates and assumptions by our management include the following: • project revenues, costs and profits on engineering and construction contracts and government services contracts, including recognition of estimated losses on uncompleted contracts • provisions for uncollectible receivables and client claims and recoveries of costs from subcontractors, vendors and others • provisions for income taxes and related valuation allowances and tax uncertainties • recoverability of goodwill • recoverability of other intangibles and long-lived assets and related estimated lives • recoverability of equity method and cost method investments • valuation of pension obligations and pension assets • accruals for estimated liabilities, including litigation accruals • consolidation of VIEs • valuation of share-based compensation • valuation of assets and liabilities acquired in business combinations In accordance with normal practice in the construction industry, we include in current assets and current liabilities amounts related to construction contracts realizable and payable over a period in excess of one year. If the underlying estimates and assumptions upon which the financial statements are based change in the future, actual amounts may differ from those included in the accompanying condensed consolidated financial statements.
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Standards Consolidation . Effective January 1, 2016, we adopted Accounting Standards Update ("ASU") No. 2015-02, Consolidation (Topic 810) - Amendments to the Consolidation Analysis, which was issued by the Financial Accounting Standards Board ("FASB") on February 18, 2015. This ASU amends the consolidation guidance for VIEs as well as general partners’ investments in limited partnerships and modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities. ASU 2015-02 is effective for annual periods beginning after December 15, 2015 and interim periods within those annual periods. The adoption of ASU 2015-02 did not have a material impact on our financial statements.

Description Of Company And Si27

Description Of Company And Significant Accounting Policies Additional Balance Sheet Disclosure (Tables)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Additional Balance Sheet Disclosure	Additional Balance Sheet Information Other Current Assets Included in the "other current assets" balance on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 are prepaid taxes and other prepaid assets of $57 million and $58 million , respectively. Other Current Liabilities The components of "other current liabilities" on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 are presented below: June 30, December 31, Dollars in millions 2016 2015 Reserve for estimated losses on uncompleted contracts (a) $ 37 $ 60 Retainage payable 46 49 Income taxes payable 36 56 Value-added tax payable 15 12 Insurance payable 9 12 Dividend payable 12 12 Other miscellaneous liabilities (b) 62 62 Total other current liabilities $ 217 $ 263 (a) See Note 2 for further discussion on our reserve for estimated losses on uncompleted contracts. (b) Included in "other miscellaneous liabilities" is deferred rent of $6 million and $7 million as of June 30, 2016 and December 31, 2015 , respectively. Other Liabilities Included in "other liabilities" on our condensed consolidated balance sheets as of June 30, 2016 and December 31, 2015 is noncurrent deferred rent of $109 million and $114 million , respectively. Also included in "other liabilities" is a payable to our former parent of $19 million in each of the periods presented. This amount will be paid to our former parent upon receipt of a tax refund from the United States ("U.S.") Internal Revenue Service in an amount greater than or equal to $19 million .

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of Operations by Reportable Segment	The following table presents revenues, gross profit (loss), equity in earnings of unconsolidated affiliates and operating income (loss) by reporting segment. Operations by Reportable Segment Three Months Ended Six Months Ended June 30, June 30, Dollars in millions 2016 2015 2016 2015 Revenues: Technology & Consulting $ 98 $ 80 $ 195 $ 152 Engineering & Construction 621 953 1,227 1,930 Government Services 229 158 439 313 Other — — — — Subtotal 948 1,191 1,861 2,395 Non-strategic Business 61 190 144 422 Total revenues $ 1,009 $ 1,381 $ 2,005 $ 2,817 Gross profit (loss): Technology & Consulting $ 15 $ 21 $ 32 $ 40 Engineering & Construction 35 52 64 107 Government Services 41 (1 ) 62 (5 ) Other — — — — Subtotal 91 72 158 142 Non-strategic Business (17 ) 2 (16 ) 2 Total gross profit (loss) $ 74 $ 74 $ 142 $ 144 Equity in earnings of unconsolidated affiliates: Technology & Consulting $ — $ — $ — $ — Engineering & Construction 23 40 41 61 Government Services 10 13 21 27 Other — — — — Subtotal 33 53 62 88 Non-strategic Business — — — — Total equity in earnings of unconsolidated affiliates $ 33 $ 53 $ 62 $ 88 Segment operating income (loss): Technology & Consulting $ 13 $ 20 $ 28 $ 37 Engineering & Construction 40 74 77 140 Government Services 49 10 79 19 Other (22 ) (36 ) (44 ) (64 ) Subtotal 80 68 140 132 Non-strategic Business (17 ) 28 (12 ) 28 Total segment operating income (loss) $ 63 $ 96 $ 128 $ 160
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table summarizes the consideration paid for this acquisition and the fair value of the assets acquired and liabilities assumed as of the acquisition date and subsequent working capital adjustments. Dollars in millions Fair value of total consideration transferred $ 25 Recognized amounts of identifiable assets acquired and liabilities assumed: Tangible assets (a) 23 Intangible assets (b) 19 Liabilities (c) (33 ) Liabilities arising from contingencies (d) (6 ) Goodwill $ 22

Cash and Equivalents (Tables)

Cash and Equivalents (Tables)	6 Months Ended
	Jun. 30, 2016
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	The components of our cash and equivalents balance are as follows: June 30, 2016 Dollars in millions International (a) Domestic (b) Total Operating cash and equivalents $ 116 $ 287 $ 403 Short-term investments (c) 263 88 351 Cash and equivalents held in joint ventures 44 6 50 Total $ 423 $ 381 $ 804 December 31, 2015 Dollars in millions International (a) Domestic (b) Total Operating cash and equivalents $ 177 $ 253 $ 430 Short-term investments (c) 293 107 400 Cash and equivalents held in joint ventures 49 4 53 Total $ 519 $ 364 $ 883 (a) Includes deposits held in non-U.S. operating accounts. (b) Includes U.S. dollar and foreign currency deposits held in operating accounts that constitute onshore cash for tax purposes but may reside either in the U.S. or in a foreign country. (c) Includes time deposits, money market funds, and other highly liquid short-term investments.

Accounts Receivable (Tables)

Accounts Receivable (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of Accounts Receivable	The components of our accounts receivable, net of allowance for doubtful accounts balance are as follows: June 30, 2016 Dollars in millions Retainage Trade & Other Total Technology & Consulting $ 3 $ 50 $ 53 Engineering & Construction 65 402 467 Government Services 2 75 77 Other — 2 2 Subtotal 70 529 599 Non-strategic Business 5 14 19 Total $ 75 $ 543 $ 618 December 31, 2015 Dollars in millions Retainage Trade & Other Total Technology & Consulting $ — $ 70 $ 70 Engineering & Construction 51 402 453 Government Services 2 75 77 Other — 2 2 Subtotal 53 549 602 Non-strategic Business 9 17 26 Total $ 62 $ 566 $ 628

Percentage-Of-Completion Cont31

Percentage-Of-Completion Contracts (Tables)	6 Months Ended
	Jun. 30, 2016
Contractors [Abstract]
Schedule Of Unapproved Claims And Change Orders	The amounts of unapproved change orders and claims included in determining the profit or loss on contracts are as follows: Dollars in millions 2016 2015 Amounts included in project estimates-at-completion at January 1, $ 46 $ 31 Additions 70 42 Approved change orders (27 ) (21 ) Adjustment due to disposition of business — (6 ) Amounts included in project estimates-at-completion at June 30, $ 89 $ 46 Amounts recorded in revenues on a percentage-of-completion basis at June 30, $ 44 $ 35

Claims and Accounts Receivabl32

Claims and Accounts Receivable (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of Contracts Receivable, Claims and Uncertain Amounts	The components of our claims and accounts receivable account balance not expected to be collected within the next 12 months are as follows: June 30, December 31, Dollars in millions 2016 2015 Engineering & Construction $ 400 $ 400 Government Services 132 126 Total $ 532 $ 526

Asset Impairment and Restruct33

Asset Impairment and Restructuring (Tables)	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	The table below provides a rollforward of one-time charges associated with employee terminations based on the fair value of the termination benefits. These amounts are included in "other current liabilities" on our condensed consolidated balance sheets. Dollars in millions Severance Accrual Balance at December 31, 2015 $ 19 Charges 11 Payments (16 ) Balance at June 30, 2016 $ 14 Balance at December 31, 2014 $ 21 Charges 11 Payments (15 ) Balance at June 30, 2015 $ 17

Equity Method Investments And34

Equity Method Investments And Variable Interest Entities (Related Part Disclosures) (Tables)	6 Months Ended
	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Equity In Earnings of Unconsolidated Affiliates [Table Text Block]	The following table presents a rollforward of our equity in and advances to unconsolidated affiliates: June 30, December 31, Dollars in millions 2016 2015 Beginning balance $ 281 $ 151 Equity in earnings of unconsolidated affiliates 62 149 Distribution of earnings of unconsolidated affiliates (b) (28 ) (92 ) Advances (Receipts) 8 (10 ) Investments (a) 1 80 Foreign currency translation adjustments (4 ) (9 ) Other (5 ) 1 Balance before reclassification $ 315 $ 270 Reclassification of excess distributions (b) 6 16 Recognition of excess distributions (b) (5 ) (5 ) Ending balance $ 316 $ 281
Consolidated Summarized Financial Information	Generally, our maximum exposure to loss is limited to our equity investment in the joint venture and any amounts payable to us for services we provided to the joint venture reduced for any unearned revenues on the projects. On the Affinity joint venture, our maximum exposure to loss is limited to our proportionate share of any amounts required to fund future losses incurred by those entities under their respective contracts with the project company. On the Aspire Defence project, in addition to the maximum exposure to loss indicated in the table below, we have exposure to any losses incurred by the construction or operating joint ventures under their respective subcontract arrangements with the project company. Our exposure is, however, limited to our equity participation in these entities. The Ichthys LNG joint venture executes a project that has a lump sum component; in addition to the maximum exposure to loss indicated in the table below, we have an exposure to losses to the extent of our ownership percentage in the joint venture if the project exceeds the lump sum component. Our maximum exposure to loss on the EBIC Ammonia plant reflects our 65% ownership of the development corporation which owns 25% of the company that consolidates the ammonia plant. We continue to monitor our investment in this joint venture as the profitability of its operations has been impacted by the challenges related to the availability of natural gas feedstock in Egypt. The following summarizes the total assets and total liabilities as reflected in our condensed consolidated balance sheets as well as our maximum exposure to losses related to our unconsolidated VIEs in which we have a significant variable interest but are not the primary beneficiary. June 30, 2016 Dollars in millions Total assets Total liabilities Maximum exposure to loss Affinity project $ 14 $ 3 $ 14 Aspire Defence project $ 15 $ 111 $ 15 Ichthys LNG project $ 104 $ 58 $ 104 U.K. Road projects $ 33 $ 10 $ 33 EBIC Ammonia plant (65% interest) $ 34 $ 2 $ 21 December 31, 2015 Dollars in millions Total assets Total liabilities Maximum Aspire Defence project $ 17 $ 121 $ 17 Ichthys LNG project $ 87 $ 63 $ 87 U.K. Road projects $ 34 $ 11 $ 34 EBIC Ammonia plant (65% interest) $ 36 $ 2 $ 22
Schedule Of Variable Interest Entities	The following is a summary of the significant VIEs where we are the primary beneficiary: Dollars in millions June 30, 2016 Total assets Total liabilities Gorgon LNG project $ 27 $ 62 Escravos Gas-to-Liquids project $ 17 $ 33 Fasttrax Limited project $ 61 $ 57 Dollars in millions December 31, 2015 Total assets Total liabilities Gorgon LNG project $ 117 $ 145 Escravos Gas-to-Liquids project $ 16 $ 33 Fasttrax Limited project $ 74 $ 70

Pension Plans Pension (Tables)

Pension Plans Pension (Tables)	6 Months Ended
	Jun. 30, 2016
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Net Benefit Costs	The components of net periodic benefit cost related to pension benefits for the three and six months ended June 30, 2016 and 2015 were as follows: Three Months Ended June 30, 2016 2015 Dollars in millions United States Int’l United States Int’l Components of net periodic benefit cost Service cost $ — $ 1 $ — $ 1 Interest cost — 16 — 19 Expected return on plan assets — (23 ) (1 ) (25 ) Recognized actuarial loss 1 7 2 11 Net periodic benefit cost $ 1 $ 1 $ 1 $ 6 Six Months Ended June 30, 2016 2015 Dollars in millions United States Int’l United States Int’l Components of net periodic benefit cost Service cost $ — $ 1 $ — $ 1 Interest cost 1 33 1 38 Expected return on plan assets (1 ) (46 ) (2 ) (49 ) Recognized actuarial loss 1 14 3 22 Net periodic benefit cost $ 1 $ 2 $ 2 $ 12

Income Per Share (Tables)

Income Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule Of Basic And Diluted Weighted Average Common Shares Outstanding	A reconciliation of the number of shares used for the basic and diluted income per share calculations is as follows: Three Months Ended June 30, Six Months Ended June 30, Shares in millions 2016 2015 2016 2015 Basic weighted average common shares outstanding 142 144 142 144 Stock options and restricted shares — — — — Diluted weighted average common shares outstanding 142 144 142 144

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Shareholders' Equity Activities	The following tables summarize our activity in shareholders’ equity: Dollars in millions Total PIC Retained Earnings Treasury Stock AOCL NCI Balance at December 31, 2015 $ 1,052 $ 2,070 $ 595 $ (769 ) $ (831 ) $ (13 ) Share-based compensation 10 10 — — — — Tax benefit increase related to share-based plans 1 1 — — — — Dividends declared to shareholders (23 ) (23 ) — — — Repurchases of common stock (2 ) — — (2 ) — — Issuance of ESPP shares 1 (1 ) — 2 — — Distributions to noncontrolling interests (9 ) — — — — (9 ) Net income 92 — 89 — — 3 Other comprehensive income (loss), net of tax 23 — — — 23 — Balance at June 30, 2016 $ 1,145 $ 2,080 $ 661 $ (769 ) $ (808 ) $ (19 ) Dollars in millions Total PIC Retained Treasury AOCL NCI Balance at December 31, 2014 $ 935 $ 2,091 $ 439 $ (712 ) $ (876 ) $ (7 ) Acquisition of noncontrolling interest (40 ) (40 ) — — — — Share-based compensation 10 10 — — — — Common stock issued upon exercise of stock options 1 1 — — — — Dividends declared to shareholders (23 ) — (23 ) — — — Repurchases of common stock (17 ) — — (17 ) — — Issuance of ESPP shares 2 (1 ) — 3 — — Distributions to noncontrolling interests (12 ) — — — — (12 ) Net income 119 — 106 — — 13 Other comprehensive income, net of tax (39 ) — — — (40 ) 1 Balance at June 30, 2015 $ 936 $ 2,061 $ 522 $ (726 ) $ (916 ) $ (5 )
Accumulated Other Comprehensive Income (Loss)	Accumulated other comprehensive loss, net of tax June 30, Dollars in millions 2016 2015 Accumulated foreign currency translation adjustments, net of tax of $1 and $5 $ (258 ) $ (265 ) Pension and post-retirement benefits, net of tax of $206 and $228 (548 ) (648 ) Fair value of derivatives, net of tax of $0 and $0 (2 ) (3 ) Total accumulated other comprehensive loss $ (808 ) $ (916 ) Changes in accumulated other comprehensive loss, net of tax, by component Dollars in millions Accumulated foreign currency translation adjustments Accumulated pension liability adjustments Changes in fair value of derivatives Total Balance at December 31, 2015 $ (269 ) $ (560 ) $ (2 ) $ (831 ) Other comprehensive income adjustments before reclassifications 11 — — 11 Amounts reclassified from accumulated other comprehensive income — 12 — 12 Balance at June 30, 2016 $ (258 ) $ (548 ) $ (2 ) $ (808 ) Dollars in millions Accumulated foreign currency translation adjustments Accumulated pension liability adjustments Changes in fair value of derivatives Total Balance at December 31, 2014 $ (203 ) $ (670 ) $ (3 ) $ (876 ) Other comprehensive income adjustments before reclassifications (62 ) — — (62 ) Amounts reclassified from accumulated other comprehensive income — 22 — 22 Balance at June 30, 2015 $ (265 ) $ (648 ) $ (3 ) $ (916 )
Accumulated Other Comprehensive Income (Loss)	Accumulated other comprehensive loss, net of tax June 30, Dollars in millions 2016 2015 Accumulated foreign currency translation adjustments, net of tax of $1 and $5 $ (258 ) $ (265 ) Pension and post-retirement benefits, net of tax of $206 and $228 (548 ) (648 ) Fair value of derivatives, net of tax of $0 and $0 (2 ) (3 ) Total accumulated other comprehensive loss $ (808 ) $ (916 ) Changes in accumulated other comprehensive loss, net of tax, by component Dollars in millions Accumulated foreign currency translation adjustments Accumulated pension liability adjustments Changes in fair value of derivatives Total Balance at December 31, 2015 $ (269 ) $ (560 ) $ (2 ) $ (831 ) Other comprehensive income adjustments before reclassifications 11 — — 11 Amounts reclassified from accumulated other comprehensive income — 12 — 12 Balance at June 30, 2016 $ (258 ) $ (548 ) $ (2 ) $ (808 ) Dollars in millions Accumulated foreign currency translation adjustments Accumulated pension liability adjustments Changes in fair value of derivatives Total Balance at December 31, 2014 $ (203 ) $ (670 ) $ (3 ) $ (876 ) Other comprehensive income adjustments before reclassifications (62 ) — — (62 ) Amounts reclassified from accumulated other comprehensive income — 22 — 22 Balance at June 30, 2015 $ (265 ) $ (648 ) $ (3 ) $ (916 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Reclassifications out of accumulated other comprehensive loss, net of tax, by component Six Months Ended June 30, Dollars in millions 2016 2015 Affected line item on the Condensed Consolidated Statements of Operations Accumulated pension liability adjustments Amortization of actuarial loss (a) $ (15 ) $ (25 ) See (a) below Tax benefit 3 3 Provision for income taxes Net pension and post-retirement benefits $ (12 ) $ (22 ) Net of tax (a) This item is included in the computation of net periodic pension cost. See Note 9 to our condensed consolidated financial statements for further discussion.

Share Repurchases (Tables)

Share Repurchases (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of shares repurchased	The table below presents information on our share repurchases activity under these programs: Three Months Ended Six Months Ended June 30, 2016 June 30, 2016 Number of Shares Average Price per Share Dollars in Millions Number of Shares Average Price per Share Dollars in Millions Repurchases under the $350 million authorized share repurchase program — n/a $ — — n/a $ — Repurchases under the existing share maintenance programs — n/a — — n/a — Withheld to cover shares 27,509 14.84 — 145,545 14.00 2 Total 27,509 $ 14.84 $ — 145,545 $ 14.00 $ 2 Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 Number of Shares Average Price per Share Dollars in Millions Number of Shares Average Price per Share Dollars in Millions Repurchases under the $350 million authorized share repurchase program — n/a $ — 496,440 $ 15.12 $ 7 Repurchases under the existing share maintenance programs 107,592 $ 15.26 2 466,974 15.44 7 Withheld to cover shares 47,130 18.20 1 155,406 16.91 3 Total 154,722 $ 16.16 $ 3 1,118,820 $ 15.50 $ 17

Financial Instruments And Ris39

Financial Instruments And Risk Management Financial Instruments and Risk Management (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location	The following table summarizes the recognized changes in fair value of our balance sheet hedges offset by remeasurement of balance sheet positions. These amounts are recognized in our condensed consolidated statements of operations for the periods presented. The net of our changes in fair value of hedges and the remeasurement of our assets and liabilities is included in "other non-operating income (expense)" on our condensed consolidated statements of operations. June 30, December 31, Gains (losses) dollars in millions 2016 2015 Balance sheet hedges - fair value $ (5 ) $ (40 ) Balance sheet position - remeasurement 19 50 Net $ 14 $ 10

Description Of Company And Si40

Description Of Company And Significant Accounting Policies (Balance Sheet Additional Disclosure) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Prepaid taxes and other prepaid expenses	$ 57	$ 58
Reserve for estimated losses on uncompleted contracts	37	60
Retainage payable	46	49
Income taxes payable	36	56
Value-added tax payable	15	12
Insurance payable	9	12
Dividend payable	12	12
Other miscellaneous liabilities (b)	62	62
Total other current liabilities	217	263
Deferred rent	6	7
Noncurrent deferred rent	109	114
Due to former parent upon receipt from IRS	$ 19	$ 19

Business Segment Information (S

Business Segment Information (Schedule Of Operations By Reportable Segment) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenue	$ 1,009	$ 1,381	$ 2,005	$ 2,817
Gross profit	74	74	142	144
Equity in earnings of unconsolidated affiliates	33	53	62	88
Operating income	63	96	128	160
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	948	1,191	1,861	2,395
Gross profit	91	72	158	142
Equity in earnings of unconsolidated affiliates	33	53	62	88
Operating income	80	68	140	132
Operating Segments [Member] | Technology and Consulting [Member]
Segment Reporting Information [Line Items]
Revenue	98	80	195	152
Gross profit	15	21	32	40
Equity in earnings of unconsolidated affiliates	0	0	0	0
Operating income	13	20	28	37
Operating Segments [Member] | Engineering and Construction [Member]
Segment Reporting Information [Line Items]
Revenue	621	953	1,227	1,930
Gross profit	35	52	64	107
Equity in earnings of unconsolidated affiliates	23	40	41	61
Operating income	40	74	77	140
Operating Segments [Member] | Government Services [Member]
Segment Reporting Information [Line Items]
Revenue	229	158	439	313
Gross profit	41	(1)	62	(5)
Equity in earnings of unconsolidated affiliates	10	13	21	27
Operating income	49	10	79	19
Operating Segments [Member] | Other Segments [Member]
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
Gross profit	0	0	0	0
Equity in earnings of unconsolidated affiliates	0	0	0	0
Operating income	(22)	(36)	(44)	(64)
Operating Segments [Member] | Non-strategic Business [Member]
Segment Reporting Information [Line Items]
Revenue	61	190	144	422
Gross profit	(17)	2	(16)	2
Equity in earnings of unconsolidated affiliates	0	0	0	0
Operating income	$ (17)	$ 28	$ (12)	$ 28

Business Segment Information Sc

Business Segment Information Schedule of Changes in Estimates (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016	Dec. 31, 2015
Change in Accounting Estimate [Line Items]
Reserve for estimated losses on uncompleted contracts	$ 37		$ 37			$ 60
Changes in estimates at completion			70	$ 42
Power Projects [Member]
Change in Accounting Estimate [Line Items]
Reserve for estimated losses on uncompleted contracts	26		$ 26			47
Percent Complete on Project			84.00%
Changes in estimates at completion	21		$ 26
EPC Ammonia Project in US [Member]
Change in Accounting Estimate [Line Items]
Reserve for estimated losses on uncompleted contracts	5		$ 5			$ 4
Percent Complete on Project			96.00%
Changes in estimates at completion	39	$ 2	$ 70	2
Canadian Pipe Fabrication And Module Assembly Projects [Member]
Change in Accounting Estimate [Line Items]
Reserve for estimated losses on uncompleted contracts		11		11
Changes in estimates at completion		$ 18		$ 16
LNG Project in Africa [Member]
Change in Accounting Estimate [Line Items]
Changes in estimates at completion	36		56
Sodium Dichromate Litigation [Member]
Change in Accounting Estimate [Line Items]
Contract termination claims, US Federal Government	$ 33		$ 33
Road Construction Project [Member]
Change in Accounting Estimate [Line Items]
Contract termination claims, US Federal Government					$ 15

Business Segment Information Ac

Business Segment Information Acquisitions (Details) $ in Millions	Jan. 11, 2016USD ($)companies	Jun. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired			$ 22	$ 0
Goodwill		$ 345	345		$ 324
Chematur Subsidiaries [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	100.00%
Number of Businesses Acquired | companies	3
Business Combination, Reason for Business Combination	Plinke specializes in proprietary technology and specialist equipment for the purification and concentration of inorganic acids used or produced in hydrocarbon processing facilities. Weatherly provides nitric acid and ammonium nitrate proprietary technologies and services to the fertilizer market. Ecoplanning offers proprietary evaporation and crystallization technologies and specialist equipment for weak acid and base solutions. As a result of this acquisition, we can expand our technology and consulting solutions into new markets while leveraging KBR's global sales and EPC capabilities.
Payments to Acquire Businesses, Gross	$ 25
Cash Acquired from Acquisition	3
Escrow Deposit	$ 5
Business Combination, Goodwill Recognized, Description	The goodwill of $22 million arising from the acquisition relates primarily to future growth opportunities to extend the acquired technologies outside North America to new customers and in revamping units of the existing customer base globally.
Business Acquisition, Goodwill, Expected Tax Deductible Amount		0	0
Business Acquisition, Transaction Costs		1	1
Business Combination, Consideration Transferred	$ 25
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets	23
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	19
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	(33)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Contingent Liability	$ (6)
Finite-Lived Intangible Asset, Useful Life	20 years
Business Acquisition, Pro Forma Revenue		4	14
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual		$ (2)	$ 1
Technology and Consulting [Member] | Chematur Subsidiaries [Member]
Business Acquisition [Line Items]
Goodwill	$ 22
Technology-Based Intangible Assets [Member] | Chematur Subsidiaries [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	10
Customer-Related Intangible Assets [Member] | Chematur Subsidiaries [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	7
Trade Accounts Receivable [Member] | Chematur Subsidiaries [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets	13
Accounts Payable and Accrued Liabilities [Member] | Chematur Subsidiaries [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	17
Other Noncurrent Liabilities [Member] | Chematur Subsidiaries [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	$ 16

Business Segment Information Su

Business Segment Information Subsequent Event (Details) - Wylie [Member] - USD ($) $ in Millions	Jul. 01, 2016	Jun. 30, 2016
Subsequent Event [Line Items]
Business Acquisition, Transaction Costs		$ 1
Subsequent Event [Member]
Subsequent Event [Line Items]
Payments to Acquire Businesses, Gross	$ 600
Proceeds from secured debt	$ 400

Cash and Equivalents (Details)

Cash and Equivalents (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Line Items]
Cash and equivalents	$ 804	$ 883	$ 731	$ 970
Operating cash and equivalents [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	403	430
Short-term investments [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	351	400
Cash and equivalents held in joint ventures [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	50	53
International [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	423	519
International [Member] | Operating cash and equivalents [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	116	177
International [Member] | Short-term investments [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	263	293
International [Member] | Cash and equivalents held in joint ventures [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	44	49
Domestic [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	381	364
Domestic [Member] | Operating cash and equivalents [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	287	253
Domestic [Member] | Short-term investments [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	88	107
Domestic [Member] | Cash and equivalents held in joint ventures [Member]
Cash and Cash Equivalents [Line Items]
Cash and equivalents	$ 6	$ 4

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	$ 599	$ 602
Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	70	53
Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	529	549
Engineering and Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	467	453
Engineering and Construction [Member] | Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	65	51
Engineering and Construction [Member] | Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	402	402
Technology and Consulting [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	53	70
Technology and Consulting [Member] | Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	3	0
Technology and Consulting [Member] | Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	50	70
Government Services [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	77	77
Government Services [Member] | Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	2	2
Government Services [Member] | Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	75	75
Other Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	2	2
Other Segment [Member] | Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	0	0
Other Segment [Member] | Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	2	2
Non-strategic Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	19	26
Non-strategic Business [Member] | Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	5	9
Non-strategic Business [Member] | Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	14	17
Operating Segments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	618	628
Operating Segments [Member] | Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	75	62
Operating Segments [Member] | Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Account receivable, current	$ 543	$ 566

Costs and Estimated Earnings in

Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts and Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts CIE (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	$ 252	$ 224
Operating Segments [Member]
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	252	224
Operating Segments [Member] | Technology and Consulting [Member]
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	39	42
Operating Segments [Member] | Engineering and Construction [Member]
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	100	114
Operating Segments [Member] | Government Services [Member]
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	113	68
Operating Segments [Member] | Non-strategic Business [Member]
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	$ 0	$ 0

Costs and Estimated Earnings 48

Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts and Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts BIE (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Billings in Excess of Cost	$ 508	$ 509
Operating Segments [Member]
Billings in Excess of Cost	465	448
Operating Segments [Member] | Technology and Consulting [Member]
Billings in Excess of Cost	64	72
Operating Segments [Member] | Engineering and Construction [Member]
Billings in Excess of Cost	346	307
Operating Segments [Member] | Government Services [Member]
Billings in Excess of Cost	55	69
Operating Segments [Member] | Non-strategic Business [Member]
Billings in Excess of Cost	$ 43	$ 61

Percentage-Of-Completion Cont49

Percentage-Of-Completion Contracts (Schedule Of Unapproved Claims And Change Orders) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Unapproved Change Orders And Claims Recorded In Revenues	$ 44	$ 35
Unapproved change orders	89	46	$ 46	$ 31
Changes in estimates at completion	70	42
Change Orders Approved by Customer	(27)	(21)
Adjustment due to disposition of business	0	(6)
Parent Share of Probable Unapproved Claims of Unconsolidated Subsidiary [Member]
Unapproved change orders	$ 67	$ 73

Percentage-Of-Completion Cont50

Percentage-Of-Completion Contracts (Narrative) (Details) $ in Millions	Jun. 30, 2016USD ($)
Liquidated damages	$ 7

Claims and Accounts Receivabl51

Claims and Accounts Receivable (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contracts Receivable, Claims and Uncertain Amounts, Expected to be Collected after Next Twelve Months	$ 532	$ 526
Engineering and Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contracts Receivable, Claims and Uncertain Amounts, Expected to be Collected after Next Twelve Months	400	400
Government Services [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contracts Receivable, Claims and Uncertain Amounts, Expected to be Collected after Next Twelve Months	132	126
Government Services [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Government Contract Receivable	83	83
Disputed costs	$ 49	$ 43

Asset Impairment and Restruct52

Asset Impairment and Restructuring Severance Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restructuring Cost and Reserve [Line Items]
Charges	$ 12	$ 17	$ 14	$ 19
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve			19	21
Charges			11	11
Payments			(16)	(15)
Restructuring Reserve	$ 14	$ 17	$ 14	$ 17

Equity Method Investments And53

Equity Method Investments And Variable Interest Entities Equity Method Investments and Variable Interest Entities (Schedule of Equity in Earnings of Unconsolidated Affiliates) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Beginning Balance [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments		$ 281	$ 151
Joint Venture Earnings [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	$ 62	149
Dividends Paid by Joint Venture [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	(28)	(92)
Advances [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	8	(10)
New Investments [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	1	80
Cumulative Translation Adjustment [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	(4)	(9)
Other Activity [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	(5)	1
Subtotal Before Reclassification [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	315	270
Reclassification of excess distribution [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	6	16
Recognition of Excess Distribution [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	(5)	(5)
Ending Balance [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments	$ 316	281
Brown & Root JV [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments		58
EPIC Piping [Member]
Equity In Earnings of Unconsolidated Affiliates [Line Items]
Equity Method Investments		$ 24

Equity Method Investments And54

Equity Method Investments And Variable Interest Entities (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	Feb. 29, 2016	Jun. 30, 2016	Dec. 31, 2015
Affinity Flying Training Services Limited [Member]
Schedule of Equity Method Investments [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage		50.00%
Affinity Flying Services [Member]
Schedule of Equity Method Investments [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage		50.00%
Affinity Capital Works [Member]
Schedule of Equity Method Investments [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage		50.00%
Affinity Project [Member]
Schedule of Equity Method Investments [Line Items]
Term Of Contracted Services Portion Of Project	18 years
EBIC Ammonia Plant [Member] | Parent Company [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Percentage In Development Corporation Which Has Minority Interest In Company That Consolidates VIE		65.00%
EBIC Ammonia Plant [Member] | Development Corporation [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Percentage Of Development Corporation In Company That Consolidates VIE		25.00%
Advances [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments		$ (8)	$ 10
Advances [Member] | Affinity Project [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments		$ 14

Equity Method Investments And55

Equity Method Investments And Variable Interest Entities Equity Method Investments and Variable Interest Entities (Related Party Disclosures) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Schedule of Related Party Transactions Included In Our Consolidated Balance Sheets [Line Items]
Accounts Receivable, Related Parties	$ 23		$ 7
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	252		224
Accounts Payable, Related Parties	0		9
Transactions with Related Parties [Member]
Schedule of Related Party Transactions Included In Our Consolidated Balance Sheets [Line Items]
Revenue from Related Parties	151	$ 127
Costs and estimated earnings in excess of billings on uncompleted contracts (CIE)	3		5
Billings in Excess of Cost	54		55
EPIC Piping LLC [Member]
Schedule of Related Party Transactions Included In Our Consolidated Balance Sheets [Line Items]
Related Parties Amount in Cost of Sales	15
Brown & Root JV [Member]
Schedule of Related Party Transactions Included In Our Consolidated Balance Sheets [Line Items]
Revenue from Related Parties	8
Related Party Transaction, Due from (to) Related Party	$ (13)		$ 9

Equity Method Investments And56

Equity Method Investments And Variable Interest Entities (Schedule Of Variable Interest Entities) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Variable Interest Entity, Not Primary Beneficiary [Member] | Affinity Project [Member]
Schedule of Equity Method Investments [Line Items]
Unconsolidated VIEs, Total assets	$ 14
Unconsolidated VIEs, Total liabilities	3
Maximum exposure to loss	14
Variable Interest Entity, Not Primary Beneficiary [Member] | Aspire Defence Project [Member]
Schedule of Equity Method Investments [Line Items]
Unconsolidated VIEs, Total assets	15	$ 17
Unconsolidated VIEs, Total liabilities	111	121
Maximum exposure to loss	15	17
Variable Interest Entity, Not Primary Beneficiary [Member] | Ichthys LNG Project [Member]
Schedule of Equity Method Investments [Line Items]
Unconsolidated VIEs, Total assets	104	87
Unconsolidated VIEs, Total liabilities	58	63
Maximum exposure to loss	104	87
Variable Interest Entity, Not Primary Beneficiary [Member] | U.K. Road Projects [Member]
Schedule of Equity Method Investments [Line Items]
Unconsolidated VIEs, Total assets	33	34
Unconsolidated VIEs, Total liabilities	10	11
Maximum exposure to loss	33	34
Variable Interest Entity, Not Primary Beneficiary [Member] | EBIC Ammonia Plant [Member]
Schedule of Equity Method Investments [Line Items]
Unconsolidated VIEs, Total assets	34	36
Unconsolidated VIEs, Total liabilities	2	2
Maximum exposure to loss	21	22
Variable Interest Entity, Primary Beneficiary [Member] | Gorgon LNG Project [Member]
Schedule of Equity Method Investments [Line Items]
Consolidated VIEs, Total assets	27	117
Consolidated VIEs, Total liabilities	62	145
Variable Interest Entity, Primary Beneficiary [Member] | Escravos Gas-To-Liquids Project [Member]
Schedule of Equity Method Investments [Line Items]
Consolidated VIEs, Total assets	17	16
Consolidated VIEs, Total liabilities	33	33
Variable Interest Entity, Primary Beneficiary [Member] | Fasttrax Limited Project [Member]
Schedule of Equity Method Investments [Line Items]
Consolidated VIEs, Total assets	61	74
Consolidated VIEs, Total liabilities	$ 57	$ 70

Pension and Postretirement Plan

Pension and Postretirement Plans (Components Of Net Periodic Benefit Cost) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
United States Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	0	0	1	1
Expected return on plan assets	0	(1)	(1)	(2)
Recognized actuarial loss	1	2	1	3
Defined Benefit Plan, Net Periodic Benefit Cost	1	1	1	2
International Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	1	1	1	1
Interest cost	16	19	33	38
Expected return on plan assets	(23)	(25)	(46)	(49)
Recognized actuarial loss	7	11	14	22
Defined Benefit Plan, Net Periodic Benefit Cost	$ 1	$ 6	2	$ 12
Contributions by employer			21
Estimated future employer contributions in next fiscal year			$ 41

Debt And Other Credit Facilit58

Debt And Other Credit Facilities (Details) - USD ($) $ in Millions	Jul. 01, 2016	Jun. 30, 2016	Sep. 25, 2015
Line of Credit Facility [Line Items]
Amounts advanced bear interest at variable rates		Amounts drawn under the Credit Agreement will bear interest at variable rates, per annum, based either on (i) the London interbank offered rate ("LIBOR") plus an applicable margin of 1.375% to 1.75%, or (ii) a base rate plus an applicable margin of 0.375% to 0.75%, with the base rate equal to the highest of (a) reference bank’s publicly announced base rate, (b) the Federal Funds Rate plus 0.5%, or (c) LIBOR plus 1%. The amount of the applicable margin to be applied will be determined by the Company’s ratio of consolidated debt to consolidated EBITDA for the prior four fiscal quarters as defined in the Credit Agreement. The Credit Agreement provides for fees on letters of credit issued under the Credit Agreement at a rate equal to the applicable margin for LIBOR-based loans, except for performance letters of credit, which are priced at 50% of such applicable margin. KBR pays an annual issuance fee of 0.125% of the face amount of a letter of credit and pays a commitment fee of 0.225% to 0.25%, per annum, on any unused portion of the commitment under the Credit Agreement based on the Company's consolidated leverage ratio.
Debt To EBITDA Ratio [Member]
Line of Credit Facility [Line Items]
Line of credit facility terms		3.5 to 1
Maximum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
LIBOR applicable margin		1.75%
AdditionalAggregateCommitmentsIncreaseLimit [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity		$ 500
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity			$ 1,000
Percent added to federal fund rate		0.50%
Percent added to LIBOR		1.00%
Percentage of LIBOR applicable margin for performance letters of credit		50.00%
Letter of credit fee charged on issuance		0.125%
Minimum consolidated net worth base in addition to certain percentage of consolidated net income and increase in shareholders' equity attributable to the sale of equity interests		$ 1,200
Consolidated net income percentage		50.00%
Increase in shareholders' equity attributable to the sale of equity securities percentage		100.00%
Additional amount of equity repurchases allowed under Credit Agreement pending the resolution of PEMEX litigation.		$ 400
Remaining availability under equity repurchase distribution cap		$ 675
Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Base rate applicable margin		0.75%
Letter of credit fronting commitments		0.25%
Principal amount of of additional indebtedness parent company may incur under Credit Agreement provisions		$ 200
Principal amount of unsecured indebtedness our subsidiaries may incur under Credit Agreement provisions		200
Base dollar amount of share and equity repurchases cap		$ 750
Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
LIBOR applicable margin		1.375%
Base rate applicable margin		0.375%
Letter of credit fronting commitments		0.225%
Letters Of Credit, Surety Bonds And Bank Guarantees [Member] | Credit Agreement [Member]
Line of Credit Facility [Line Items]
Letters of credit, outstanding amount		$ 116
Subsequent Event [Member] | Wylie [Member]
Line of Credit Facility [Line Items]
Proceeds from secured debt	$ 400
Stated interest rate (percentage)	1.84155%

Income Per Share (Schedule Of B

Income Per Share (Schedule Of Basic And Diluted Weighted Average Common Shares Outstanding) (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding	142	144	142	144
Stock options and restricted shares	0	0	0	0
Diluted weighted average common shares outstanding	142	144	142	144

Debt And Other Credit Facilit60

Debt And Other Credit Facilities (Consolidated amount of non-recourse project-finance debt of a VIE) (Details) £ in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2016GBP (£)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Nonrecourse project debt	$ 41		$ 51
Class A 3.5% Index Linked Bonds [Member]
Debt Instrument [Line Items]
Guaranteed secured bonds, percentage	3.50%	3.50%
Class B 5.9% Fixed Rate Bonds [Member]
Debt Instrument [Line Items]
Guaranteed secured bonds, percentage	5.90%	5.90%
Minimum [Member]
Debt Instrument [Line Items]
Subordinated notes payable, interest rate	11.25%
Maximum [Member]
Debt Instrument [Line Items]
Subordinated notes payable, interest rate	16.00%
United Kingdom, Pounds | Class A 3.5% Index Linked Bonds [Member]
Debt Instrument [Line Items]
Secured bonds | £		£ 56
United Kingdom, Pounds | Class B 5.9% Fixed Rate Bonds [Member]
Debt Instrument [Line Items]
Nonrecourse project debt | £		84.9
Secured bonds | £		£ 16.7
United States of America, Dollars | Class A 3.5% Index Linked Bonds [Member]
Debt Instrument [Line Items]
Secured bonds	$ 79
United States of America, Dollars | Class B 5.9% Fixed Rate Bonds [Member]
Debt Instrument [Line Items]
Secured bonds	$ 24
Nonrecourse Project Finance Debt [Member]
Debt Instrument [Line Items]
Equity Method Investment, Ownership Percentage	50.00%	50.00%
Number Of Heavy Equipment Transporters	91
Number Of Heavy Equipment Transporters Term Period	22 years
Nonrecourse Project Finance Debt [Member] | United Kingdom, Pounds
Debt Instrument [Line Items]
Non Recourse Debt Bridge Financing | £		£ 12.2
Fasttrax Limited Project [Member] | Nonrecourse Project Finance Debt [Member] | United States of America, Dollars
Debt Instrument [Line Items]
Nonrecourse project debt	$ 120
Non Recourse Debt Bridge Financing	$ 17

Income Per Share (Narrative) (D

Income Per Share (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Undistributed Earnings (Loss) Allocated to Participating Securities, Diluted	$ 0.4	$ 0.6	$ 0.7	$ 0.9
Antidilutive weighted average shares	3.3	3.8	3.3	3.6

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Effective tax rate on income from operations	33.00%	25.00%	29.00%	26.00%
Effective income tax rate, estimated			30.00%
U.S. statutory federal rate, expected (benefit) provision			35.00%
Noncontrolling interests			(8.00%)
Deferred Tax Assets, Valuation Allowance	$ 536		$ 536		$ 542
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	(6)	$ (13)	(6)	$ (12)
Liability for Uncertain Tax Positions, Noncurrent	$ 262		$ 262		$ 257

U.S. Government Matters (Detail

U.S. Government Matters (Details) $ in Millions	1 Months Ended	3 Months Ended			6 Months Ended		12 Months Ended
	Apr. 30, 2008USD ($)	Jun. 30, 2016USD ($)lawsuitsclaim	Mar. 31, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)lawsuitsclaimdefendent	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Mar. 27, 2011USD ($)	Dec. 31, 2009lawsuits
United States Government Contract Work [Line Items]
Contract, Direct Claim		$ 1,000			$ 1,000
Contract, Indirect Claim		78			78
Contracts Revenue		1,009		$ 1,381	2,005	$ 2,817
All Defense Contract Audit Agency Audit Issues [Member]
United States Government Contract Work [Line Items]
Contract termination claims, US Federal Government		173			173		$ 173
Government Contract Receivable		83			83		83
Total Amount Of Payments Withheld From Subcontractors As Result Of Disapproved Costs Related To Dcaa Form 1 Issued To Enterprise		32			32		32
Contracts Revenue					$ 90		90
Audits [Member]
United States Government Contract Work [Line Items]
DisallowanceRate					99.90%
Reserve For Potentially Disallowable Costs Incurred Under Government Contracts [Member]
United States Government Contract Work [Line Items]
Allowance for Doubtful Accounts Receivable		48			$ 48		$ 50
First Kuwaiti Trading Company Arbitration [Member]
United States Government Contract Work [Line Items]
Loss Contingency, Damages Sought, Value	$ 134
AmountOwedToSubcontractor		$ 32			32
PaymentsOnContractWork			$ 26					$ 19
Damages awarded, value					$ 17
Burn Pit Litigation [Member]
United States Government Contract Work [Line Items]
Loss Contingency, Pending Claims, Number | lawsuits		60			60
Sodium Dichromate Litigation [Member]
United States Government Contract Work [Line Items]
Contract termination claims, US Federal Government		$ 33			$ 33
Loss Contingency, Pending Claims, Number | lawsuits		2			2					5
qui tams [Member]
United States Government Contract Work [Line Items]
Loss Contingency, Pending Claims, Number | claim		5			5
Loss Contingency, Number of Active Claims | claim		2			2
qui tam government joined | lawsuits		1			1
Percent of Legal Fees Billable to the U.S. Government					80.00%
Legal Fees					$ 9
Howard qui tam [Member]
United States Government Contract Work [Line Items]
Loss Contingency, Estimate of Possible Loss									$ 628
DOJFCA [Member]
United States Government Contract Work [Line Items]
Loss Contingency, Number of Defendants | defendent					3
Pay-When-Paid Terms [Member] | First Kuwaiti Trading Company Arbitration [Member]
United States Government Contract Work [Line Items]
PaymentsOnContractWork					$ 4

Other Commitments And Conting64

Other Commitments And Contingencies (Other) (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Dec. 31, 2009	Dec. 31, 2013	Dec. 31, 2004	Jun. 30, 2016	Dec. 31, 2015
Loss Contingencies [Line Items]
Contracts Receivable, Claims and Uncertain Amounts, Expected to be Collected after Next Twelve Months				$ 532	$ 526
Pemex [Member]
Loss Contingencies [Line Items]
Outstanding performance bonds by enterprise		$ 80
Payment on performance bonds		108
Customer's arbitration claim			$ 157
Amount of arbitration claim filed by enterprise			$ 323
Amount awarded to enterprise in arbitration	$ 351
Amount of counterclaims awarded to project owner in arbitration	6
Gain recognized	$ 117
Amount of judgment awarded to enterprise		465
Performance Bond Recovery Including Interest		26
PaymentOnPerformanceBondsOther		$ 2
Engineering and Construction [Member]
Loss Contingencies [Line Items]
Contracts Receivable, Claims and Uncertain Amounts, Expected to be Collected after Next Twelve Months				$ 400	$ 400

Shareholders' Equity (Sharehold

Shareholders' Equity (Shareholders' Equity Activities) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Shareholders Equity [Line Items]
Beginning Balance			$ 1,052	$ 935
Acquisition of noncontrolling interest				(40)
Share-based compensation			10	10
Common stock issued upon exercise of stock options				1
Tax benefit increase related to share-based plans			1
Dividends declared to shareholders			(23)	(23)
Repurchases of common stock			(2)	(17)
Issuance of ESPP shares			1	2
Distributions to noncontrolling interests			(9)	(12)
Net income (loss)	$ 47	$ 68	92	119
Other comprehensive income (loss), net of tax	1	7	23	(39)
Ending Balance	1,145	936	1,145	936
Additional Paid-in Capital [Member]
Shareholders Equity [Line Items]
Beginning Balance			2,070	2,091
Acquisition of noncontrolling interest				(40)
Share-based compensation			10	10
Common stock issued upon exercise of stock options				1
Tax benefit increase related to share-based plans			1
Dividends declared to shareholders				0
Repurchases of common stock			0	0
Issuance of ESPP shares			(1)	(1)
Distributions to noncontrolling interests			0	0
Net income (loss)			0	0
Other comprehensive income (loss), net of tax			0	0
Ending Balance	2,080	2,061	2,080	2,061
Retained Earnings [Member]
Shareholders Equity [Line Items]
Beginning Balance			595	439
Acquisition of noncontrolling interest				0
Share-based compensation			0	0
Common stock issued upon exercise of stock options				0
Tax benefit increase related to share-based plans			0
Dividends declared to shareholders			(23)	(23)
Repurchases of common stock			0	0
Issuance of ESPP shares			0	0
Distributions to noncontrolling interests			0	0
Net income (loss)			89	106
Other comprehensive income (loss), net of tax			0	0
Ending Balance	661	522	661	522
Treasury Stock [Member]
Shareholders Equity [Line Items]
Beginning Balance			(769)	(712)
Acquisition of noncontrolling interest				0
Share-based compensation			0	0
Common stock issued upon exercise of stock options				0
Tax benefit increase related to share-based plans			0
Dividends declared to shareholders			0	0
Repurchases of common stock			(2)	(17)
Issuance of ESPP shares			2	3
Distributions to noncontrolling interests			0	0
Net income (loss)			0	0
Other comprehensive income (loss), net of tax			0	0
Ending Balance	(769)	(726)	(769)	(726)
Accumulated Other Comprehensive Income (Loss) [Member]
Shareholders Equity [Line Items]
Beginning Balance			(831)	(876)
Acquisition of noncontrolling interest				0
Share-based compensation			0	0
Common stock issued upon exercise of stock options				0
Tax benefit increase related to share-based plans			0
Dividends declared to shareholders			0	0
Repurchases of common stock			0	0
Issuance of ESPP shares			0	0
Distributions to noncontrolling interests			0	0
Net income (loss)			0	0
Other comprehensive income (loss), net of tax			23	(40)
Ending Balance	(808)	(916)	(808)	(916)
Noncontrolling Interests [Member]
Shareholders Equity [Line Items]
Beginning Balance			(13)	(7)
Acquisition of noncontrolling interest				0
Share-based compensation			0	0
Common stock issued upon exercise of stock options				0
Tax benefit increase related to share-based plans			0
Dividends declared to shareholders			0	0
Repurchases of common stock			0	0
Issuance of ESPP shares			0	0
Distributions to noncontrolling interests			(9)	(12)
Net income (loss)			3	13
Other comprehensive income (loss), net of tax			0	1
Ending Balance	$ (19)	$ (5)	$ (19)	$ (5)

Shareholders' Equity (Accumulat

Shareholders' Equity (Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated changes in fair value of derivatives tax			$ 0	$ 0
Accumulated foreign currency translation adjustments tax			1	5
Accumulated pension and post-retirement benefit plans tax			206	228
Beginning balance	$ (831)	$ (876)
Other comprehensive income adjustments before reclassifications	11	(62)
Amounts reclassified from accumulated other comprehensive income	12	22
Ending balance	(808)	(916)
Accumulated foreign currency translation adjustments, net of tax of $1 and $5			(258)	(265)
Pension and post-retirement benefits, net of tax of $206 and $228			(548)	(648)
Fair value of derivatives, net of tax of $0 and $0			(2)	(3)
Total accumulated other comprehensive loss	(831)	(876)	(808)	(916)
Accumulated foreign currency translation adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(269)	(203)
Other comprehensive income adjustments before reclassifications	11	(62)
Amounts reclassified from accumulated other comprehensive income	0	0
Ending balance	(258)	(265)
Total accumulated other comprehensive loss	(269)	(203)	(258)	(265)
Accumulated pension liability adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(560)	(670)
Other comprehensive income adjustments before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income	12	22
Ending balance	(548)	(648)
Total accumulated other comprehensive loss	(560)	(670)	(548)	(648)
Changes in fair value of derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(2)	(3)
Other comprehensive income adjustments before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income	0	0
Ending balance	(2)	(3)
Total accumulated other comprehensive loss	$ (2)	$ (3)	$ (2)	$ (3)

Shareholders' Equity (Reclassif

Shareholders' Equity (Reclassification out of AOCI) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of actuarial loss	$ 70	$ 91	$ 130	$ 161
Tax benefit	$ (23)	$ (23)	(38)	(42)
Accumulated pension liability adjustments | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of actuarial loss			(15)	(25)
Tax benefit			3	3
Net pension and post-retirement benefits			$ (12)	$ (22)

Share Repurchases (Details)

Share Repurchases (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Feb. 25, 2014
Equity, Class of Treasury Stock [Line Items]
Number of shares repurchased under the authorization	27,509	154,722	145,545	1,118,820
Treasury Stock Acquired, Average Cost Per Share	$ 14.84	$ 16.16	$ 14	$ 15.50
Stock Repurchased During Period, Value	$ 0	$ 3	$ 2	$ 17
Share Repurchase Program Twenty Fourteen [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount					$ 350
Number of shares repurchased under the authorization	0	0	0	496,440
Treasury Stock Acquired, Average Cost Per Share				$ 15.12
Stock Repurchased During Period, Value	$ 0	$ 0	$ 0	$ 7
Share Maintenance Plan [Member]
Equity, Class of Treasury Stock [Line Items]
Number of shares repurchased under the authorization	0	107,592	0	466,974
Treasury Stock Acquired, Average Cost Per Share		$ 15.26		$ 15.44
Stock Repurchased During Period, Value	$ 0	$ 2	$ 0	$ 7
Shares Withheld to Cover [Member]
Equity, Class of Treasury Stock [Line Items]
Number of shares repurchased under the authorization	27,509	47,130	145,545	155,406
Treasury Stock Acquired, Average Cost Per Share	$ 14.84	$ 18.20	$ 14	$ 16.91
Stock Repurchased During Period, Value	$ 0	$ 1	$ 2	$ 3

Financial Instruments And Ris69

Financial Instruments And Risk Management Financial Instruments And Risk Management (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Interest Rate Derivatives, at Fair Value, Net	$ (5)	$ (40)
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge	19	50
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net	$ 14	$ 10
Maximum length of time hedged in balance sheet hedge	12 days
Maximum Length of Time Hedged in Cash Flow Hedge	37 months
Balance Sheet Hedge [Member]
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Derivative, Notional Amount	$ 85
Cash Flow Hedging [Member]
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Cash flow hedge	$ 31