Jacobs Engineering (J) 10-Q 3 Feb 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Jan. 01, 2016	Feb. 01, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	JACOBS ENGINEERING GROUP INC /DE/
Trading Symbol	jec
Entity Central Index Key	52,988
Current Fiscal Year End Date	--09-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jan. 1, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		122,537,019

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 01, 2016	Oct. 02, 2015
Current Assets:
Cash and cash equivalents	$ 443,725	$ 460,859
Receivables	2,424,447	2,548,743
Deferred income taxes	139,720	160,298
Prepaid expenses and other	104,404	113,076
Total current assets	3,112,296	3,282,976
Property, Equipment and Improvements, Net	361,006	381,238
Other Noncurrent Assets:
Goodwill	3,059,279	3,048,778
Intangibles	345,770	353,419
Miscellaneous	737,500	719,515
Total other non-current assets	4,142,549	4,121,712
Assets	7,615,851	7,785,926
Current Liabilities:
Notes payable	2,833	13,364
Accounts payable	421,206	566,866
Accrued liabilities	1,033,906	1,090,985
Billings in excess of costs	327,031	309,951
Total current liabilities	1,784,976	1,981,166
Long-term Debt	621,899	584,434
Other Deferred Liabilities	$ 838,717	$ 863,868
Commitments and Contingencies
Capital stock:
Preferred stock, $1 par value, authorized - 1,000,000 shares; issued and outstanding - none	$ 0	$ 0
Common stock, $1 par value, authorized - 240,000,000 shares; issued and outstanding—122,776,878 shares and 123,152,966 shares, respectively	122,777	123,153
Additional paid-in capital	1,142,010	1,137,144
Retained earnings	3,511,197	3,496,212
Accumulated other comprehensive loss	(470,476)	(464,764)
Total Jacobs stockholders’ equity	4,305,508	4,291,745
Noncontrolling interests	64,751	64,713
Total Group stockholders’ equity	4,370,259	4,356,458
Liabilities and Stockholders' Equity, Total	$ 7,615,851	$ 7,785,926

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 01, 2016	Oct. 02, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized (in shares)	240,000,000	240,000,000
Common stock, issued (in shares)	122,776,878	123,952,156
Common stock, outstanding (in shares)	122,776,878	123,952,156

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Dec. 26, 2014
Income Statement [Abstract]
Revenues	$ 2,847,934	$ 3,187,005
Costs and Expenses:
Direct cost of contracts	(2,407,460)	(2,667,559)
Selling, general and administrative expenses	(381,024)	(361,223)
Operating Profit	59,450	158,223
Other Income (Expense):
Interest income	2,220	2,276
Interest expense	(3,543)	(5,318)
Miscellaneous income (expense), net	(340)	(486)
Total other income (expense), net	(1,663)	(3,528)
Earnings Before Taxes	57,787	154,695
Income Tax Expense	(7,481)	(48,500)
Net Earnings of the Group	50,306	106,195
Net Earnings Attributable to Noncontrolling Interests	(3,792)	(6,116)
Net Earnings Attributable to Jacobs	$ 46,514	$ 100,079
Net Earnings Per Share:
Basic (in dollars per share)	$ 0.38	$ 0.78
Diluted (in dollars per share)	$ 0.38	$ 0.77

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Dec. 26, 2014
Statement of Comprehensive Income [Abstract]
Net Earnings of the Group	$ 50,306	$ 106,195
Other Comprehensive Income (Loss):
Foreign currency translation adjustment	(16,502)	(48,373)
Gain (loss) on cash flow hedges	2,552	(1,919)
Change in pension liabilities	11,443	14,643
Other comprehensive loss before taxes	(2,507)	(35,649)
Income Tax Benefit (Expense):
Foreign currency translation adjustments	0	0
Cash flow hedges	(723)	622
Change in pension liabilities	(2,482)	(2,928)
Income Tax Expense	(3,205)	(2,306)
Net Other Comprehensive Loss	(5,712)	(37,955)
Net Comprehensive Income of the Group	44,594	68,240
Net Comprehensive Income Attributable to Noncontrolling Interests	(3,792)	(6,116)
Net Comprehensive Income Attributable to Jacobs	$ 40,802	$ 62,124

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Dec. 26, 2014
Cash Flows from Operating Activities:
Net earnings attributable to the Group	$ 50,306	$ 106,195
Depreciation and amortization:
Property, equipment and improvements	22,167	26,006
Intangible assets	11,726	12,981
Stock based compensation	8,134	16,504
Tax benefit from stock based compensation	(5)	(279)
Equity in earnings of operating ventures, net	(5,505)	(4,616)
Change in pension plan obligations	3,062	(154)
Change in deferred compensation plans	(163)	(1,450)
(Gains) losses on disposals of assets, net	6,058	(22)
Changes in certain assets and liabilities, excluding the effects of businesses acquired:
Receivables	90,783	65,538
Prepaid expenses and other current assets	7,740	5,230
Accounts payable	(143,971)	(80,520)
Accrued liabilities	(47,026)	(33,198)
Billings in excess of costs	25,141	23,948
Income taxes	3,114	14,543
Deferred income taxes	(2,744)	(2,602)
Other deferred liabilities	(3,476)	(9,162)
Other, net	1,376	29
Net cash provided by operating activities	26,717	138,971
Cash Flows from Investing Activities:
Additions to property and equipment	(15,987)	(33,775)
Disposals of property and equipment	133	3,374
Sales of investments	0	13
Acquisitions of businesses, net of cash acquired	(10,500)	0
Net cash used for investing activities	(26,354)	(30,388)
Cash Flows from Financing Activities:
Proceeds from long-term borrowings	591,989	308,446
Repayments of long-term borrowings	(549,010)	(345,660)
Proceeds from short-term borrowings	465	112,638
Repayments of short-term borrowings	(10,911)	(103,187)
Proceeds from issuances of common stock	8,770	8,029
Common stock repurchases	(42,097)	(113,708)
Tax benefit from stock based compensation	5	279
Distributions to noncontrolling interests	(2,709)	(7,230)
Net cash used for financing activities	(3,498)	(140,393)
Effect of Exchange Rate Changes	(13,999)	(30,756)
Net Decrease in Cash and Cash Equivalents	(17,134)	(62,566)
Cash and Cash Equivalents at the Beginning of the Period	460,859	732,647
Cash and Cash Equivalents at the End of the Period	$ 443,725	$ 670,081

Basis of Presentation

Basis of Presentation	3 Months Ended
	Jan. 01, 2016
Basis of Presentation [Abstract]
Basis of Presentation	Basis of Presentation Unless the context otherwise requires: • References herein to "Jacobs" are to Jacobs Engineering Group Inc. and its predecessors; • References herein to the "Company", "we", "us" or "our" are to Jacobs Engineering Group Inc. and its consolidated subsidiaries; and • References herein to the "Group" are to the combined economic interests and activities of the Company and the persons and entities holding noncontrolling interests in our consolidated subsidiaries. The accompanying consolidated financial statements and financial information included herein have been prepared pursuant to the interim period reporting requirements of Form 10-Q. Consequently, certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") have been condensed or omitted. Readers of this Quarterly Report on Form 10-Q should also read our consolidated financial statements and the notes thereto included in our Annual Report on Form 10-K for the fiscal year ended October 2, 2015 (" 2015 Form 10-K") as well as Item 7— Management’s Discussion and Analysis of Financial Condition and Results of Operations , included in our 2015 Form 10-K. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of our consolidated financial statements at January 1, 2016 , and for the three month periods ended January 1, 2016 and December 26, 2014 . Our interim results of operations are not necessarily indicative of the results to be expected for the full fiscal year. Please refer to Note 16— Definitions of Notes to Consolidated Financial Statements included in our 2015 Form 10-K for the definitions of certain terms used herein. Use of Estimates and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires us to employ estimates and make assumptions that affect the reported amounts of certain assets and liabilities, the revenues and expenses reported for the periods covered by the accompanying consolidated financial statements, and certain amounts disclosed in these Notes to the Consolidated Financial Statements. Although such estimates and assumptions are based on management's most recent assessment of the underlying facts and circumstances utilizing the most current information available and past experience, actual results could differ significantly from those estimates and assumptions. Our estimates, judgments, and assumptions are evaluated periodically and adjusted accordingly. Please refer to Note 2— Significant Accounting Policies of Notes to Consolidated Financial Statements included in our 2015 Form 10-K for a discussion of the significant estimates and assumptions affecting our consolidated financial statements. Fair Value and Fair Value Measurements Certain amounts included in the accompanying consolidated financial statements are presented at "fair value." Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants as of the date fair value is determined (the "measurement date"). When determining fair value, we consider the principal or most advantageous market in which we would transact, and we consider only those assumptions we believe a typical market participant would consider when pricing an asset or liability. In measuring fair value, we use the following inputs in the order of priority indicated: Level 1 - Quoted prices in active markets for identical assets or liabilities. Level 2 - Observable inputs other than quoted prices in active markets included in Level 1, such as (i) quoted prices for similar assets or liabilities; (ii) quoted prices in markets that have insufficient volume or infrequent transactions (i.e., less active markets); and (iii) model-driven valuations in which all significant inputs are observable or can be derived principally from, or corroborated with, observable market data for substantially the full term of the asset or liability. Level 3 - Unobservable inputs to the valuation methodology that are significant to the fair value measurement. Please refer to Note 2— Significant Accounting Policies of Notes to Consolidated Financial Statements included in our 2015 Form 10-K for a more complete discussion of the various items within the consolidated financial statements measured at fair value and the methods used to determine fair value.

New Accounting Standards

New Accounting Standards	3 Months Ended
	Jan. 01, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Standards	New Accounting Standards From time to time, the Financial Accounting Standards Board ("FASB") issues accounting standards updates (each being an "ASU") to its Accounting Standards Codification ("ASC"), which constitutes the primary source of U.S. GAAP. The Company regularly monitors ASUs as they are issued and considers their applicability to its business. All ASUs applicable to the Company are adopted by the due date and in the manner prescribed by the FASB. In May 2014, the FASB issued ASU No. 2014-09— Revenue from Contracts with Customers . The new guidance provided by ASU 2014-09 is intended to remove inconsistencies and perceived weaknesses in the existing revenue requirements, provide a more robust framework for addressing revenue issues, improve comparability, provide more useful information and simplify the preparation of financial statements. ASU 2014-09 was initially effective for annual and interim reporting periods beginning after December 15, 2016. On July 9, 2015 the FASB approved a one year deferral of the effective date of this standard. The revised effective date for the standard is for annual reporting periods beginning after December 15, 2017 and interim periods therein. The FASB also approved changes allowing for early adoption of the standard as of the original effective date. The Company continues to evaluate the impact that the new guidance may have on its consolidated financial statements. In November 2015, the FASB issued Accounting Standards Update 2015-17— Balance Sheet Classification of Deferred Taxes . As part of the FASB's accounting simplification initiative, ASU 2015-17 removes the requirement to separate deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position. Instead, the update requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. ASU 2015-17 is effective for entities (other than public business entities) for fiscal years beginning after December 15, 2016, with retrospective application to all periods presented. Early application is permitted. The Company does not expect the impact of this ASU to be material to its consolidated financial statements.

Business Combinations

Business Combinations	3 Months Ended
	Jan. 01, 2016
Business Combinations [Abstract]
Business Combinations	Business Combinations During fiscal year 2016 , the Company acquired J.L. Patterson & Associates. This acquisition was not material to the Company's consolidated results for the first quarter of fiscal 2016 .

Receivables

Receivables	3 Months Ended
	Jan. 01, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Receivables	Receivables The following table presents the components of receivables appearing in the accompanying Consolidated Balance Sheets at January 1, 2016 and October 2, 2015 as well as certain other related information (in thousands): January 1, October 2, Components of receivables: Amounts billed $ 1,289,617 $ 1,213,892 Unbilled receivables and other 1,041,538 1,252,509 Retentions receivable 93,292 82,342 Total receivables, net $ 2,424,447 $ 2,548,743 Other information about receivables: Amounts due from the United States federal government, included above, net of advanced billings $ 299,972 $ 327,157 Claims receivable $ 19,948 $ 32,511 Billed receivables consist of amounts invoiced to clients in accordance with the terms of our client contracts and are shown net of an allowance for doubtful accounts. We anticipate that substantially all of such billed amounts will be collected over the next twelve months. Unbilled receivables and retentions receivable represent reimbursable costs and amounts earned and reimbursable under contracts in progress as of the respective balance sheet dates. Such amounts become billable according to the contract terms, which usually consider the passage of time, achievement of certain milestones, or completion of the project. We anticipate that substantially all of such unbilled amounts will be billed and collected over the next twelve months. Claims receivable are included in receivables in the accompanying Consolidated Balance Sheets and represent certain costs incurred on contracts to the extent it is probable that such claims will result in additional contract revenue and the amount of such additional revenue can be reliably estimated.

Property, Equipment and Improve

Property, Equipment and Improvements, Net	3 Months Ended
	Jan. 01, 2016
Property, Plant and Equipment [Abstract]
Property, Equipment and Improvements, Net	Property, Equipment and Improvements, Net Property, Equipment and Improvements, Net in the accompanying Consolidated Balance Sheets at January 1, 2016 and October 2, 2015 consisted of the following (in thousands): January 1, October 2, Land $ 23,469 $ 23,757 Buildings 92,404 97,597 Equipment 582,064 592,491 Leasehold improvements 250,294 259,544 Construction in progress 22,116 17,229 970,347 990,618 Accumulated depreciation and amortization (609,341 ) (609,380 ) $ 361,006 $ 381,238

Long-term Debt

Long-term Debt	3 Months Ended
	Jan. 01, 2016
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt Jacobs and certain of its subsidiaries have a $1.6 billion long-term unsecured, revolving credit facility (the "2014 Facility") with a syndicate of large, U.S. and international banks and financial institutions. The 2014 Facility also provides an accordion feature that allows the Company and the lenders to increase the facility amount to $2.1 billion . The 2014 Facility did not change interest rates for borrowings outstanding under the Company's prior credit facility, but did reduce the fees on the unused portion of the facility. The total amount outstanding under the 2014 Facility in the form of direct borrowings at January 1, 2016 was $621.9 million . The Company has issued $2.5 million in letters of credit under the 2014 Facility leaving $975.6 million of available borrowing capacity under the 2014 Facility at January 1, 2016 . In addition, the Company had $238.4 million issued under separate, committed and uncommitted letter-of-credit facilities for total issued letters of credit of $240.9 million at January 1, 2016 . The 2014 Facility expires in February 2020 and permits the Company to borrow under two separate tranches in U.S. dollars, certain specified foreign currencies, and any other currency that may be approved in accordance with the terms of the 2014 Facility. Depending on the Company's Consolidated Leverage Ratio, borrowings under the 2014 Facility will bear interest at either a eurocurrency rate plus a margin of between 1.0% and 1.5% or a base rate plus a margin of between 0% and 0.5% . The 2014 Facility also provi des for a financial letter of credit subfacility of $300.0 million , permits performance letters of credit, and provides for a $50.0 million subfacility for swingline loans. Letters of credit are subject to fees based on the Company's Consolidated Leverage Ratio at the time any such letter of credit is issued. The Company pays a facility fee of between 0.100% and 0.250% per annum depending on the Company's Consolidated Leverage Ratio. Amounts outstanding under the 2014 Facility may be prepaid at the option of the Company without premium or penalty, subject to customary breakage fees in connection with the prepayment of eurocurrency loans. The 2014 Facility contains affirmative, negative, and financial covenants customary for financings of this type including, among other things, limitations on certain other indebtedness, loans and investments, liens, mergers, asset sales and transactions with affiliates. In addition, the 2014 Facility contains customary events of default. We were in compliance with our debt covenants at January 1, 2016 .

Revenue Accounting for Contract

Revenue Accounting for Contracts / Accounting for Joint Ventures	3 Months Ended
	Jan. 01, 2016
Revenue Accounting for Contracts / Accounting for Joint Ventures [Abstract]
Revenue Accounting for Contracts / Accounting for Joint Ventures	Revenue Accounting for Contracts / Accounting for Joint Ventures In general, we recognize revenue at the time we provide services. Depending on the commercial terms of the contract, we recognize revenues either when costs are incurred, or using the percentage-of-completion method of accounting by relating contract costs incurred to date to the total estimated costs at completion. Contract losses are provided for in their entirety in the period they become known, without regard to the percentage-of-completion. For multiple contracts with a single customer we account for each contract separately. We also recognize as revenues, costs associated with claims and unapproved change orders to the extent it is probable that such claims and change orders will result in additional contract revenue, and the amount of such additional revenue can be reliably estimated. A significant portion of the Company's revenue is earned on cost reimbursable contracts. The percentage of revenues realized by the Company by type of contract during fiscal 2015 can be found in Note 1— Description of Business and Basis of Presentation of Notes to Consolidated Financial Statements included in our 2015 Form 10-K. Certain cost-reimbursable contracts include incentive-fee arrangements. The incentive fees in such contracts can be based on a variety of factors but the most common are the achievement of target completion dates, target costs, and/or other performance criteria. Failure to meet these targets can result in unrealized incentive fees. We recognize incentive fees based on expected results using the percentage-of-completion method of accounting. As the contract progresses and more information becomes available, the estimate of the anticipated incentive fee that will be earned is revised as necessary. We bill incentive fees based on the terms and conditions of the individual contracts. In certain situations, we are allowed to bill a portion of the incentive fees over the performance period of the contract. In other situations, we are allowed to bill incentive fees only after the target criterion has been achieved. Incentive fees which have been recognized but not billed are included in Receivables in the accompanying Consolidated Balance Sheets. Certain cost-reimbursable contracts with government customers as well as certain commercial clients provide that contract costs are subject to audit and adjustment. In this situation, revenues are recorded at the time services are performed based upon the amounts we expect to realize upon completion of the contracts. Revenues are not recognized for non-recoverable costs. In those situations where an audit indicates that we may have billed a client for costs not allowable under the terms of the contract, we estimate the amount of such nonbillable costs and adjust our revenues accordingly. When we are directly responsible for subcontractor labor or third-party materials and equipment, we reflect the costs of such items in both revenues and costs. On those projects where the client elects to pay for such items directly and we have no associated responsibility for such items, these amounts are not reflected in either revenues or costs. The following table sets forth pass-through costs included in revenues for each of the three months ended January 1, 2016 and December 26, 2014 (in thousands): For the Three Months Ended January 1, December 26, Pass-through costs included in revenues $ 670,331 $ 706,830 As is common to the industry, we execute certain contracts jointly with third parties through various forms of joint ventures and consortiums. Although the joint ventures own and hold the contracts with the clients, the services required by the contracts are typically performed by us and our joint venture partners, or by other subcontractors under subcontracting agreements with the joint ventures. The assets of our joint ventures, therefore, consist almost entirely of cash and receivables (representing amounts due from clients), and the liabilities of our joint ventures consist almost entirely of amounts due to the joint venture partners (for services provided by the partners to the joint ventures under their individual subcontracts) and other subcontractors. In general, at any given time, the equity of our joint ventures represents the undistributed profits earned on contracts the joint ventures hold with clients. Very few of our joint ventures have employees. None of our joint ventures have third-party debt or credit facilities. Our joint ventures, therefore, are simply mechanisms used to deliver engineering and construction services to clients. Rarely do they, in and of themselves, present any risk of loss to us or to our partners separate from those that we would carry if we were performing the contract on our own. Under U.S. GAAP, our share of losses associated with the contracts held by the joint ventures, if and when they occur, has always been reflected in our Consolidated Financial Statements. Certain of our joint ventures meet the definition of a "variable interest entity" ("VIE"). As defined in U.S. GAAP, a VIE is a legal entity in which equity investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or, as a group, the holders of the equity investment at risk lack any one of the following three characteristics: (i) the power, through voting rights or similar rights, to direct the activities of a legal entity that most significantly impact the entity's economic performance; (ii) the obligation to absorb the expected losses of the legal entity; or (iii) the right to receive the expected residual returns of the legal entity. Accordingly, entities issuing consolidated financial statements (i.e., a "reporting entity") shall consolidate a VIE if the reporting entity has a "controlling financial interest" in the VIE, as demonstrated by the reporting entity having both (i) the power to direct the activities of a VIE that most significantly impact the VIE's economic performance; and (ii) the right to receive benefits from the VIE that could potentially be significant to the VIE or the obligation to absorb losses of the VIE that could potentially be significant to the VIE. In evaluating our VIEs for possible consolidation, we perform a qualitative analysis to determine whether or not we have a "controlling financial interest" in the VIE as defined by U.S. GAAP. We consolidate only those VIEs over which we have a controlling financial interest. For the Company’s unconsolidated joint ventures, we use the equity method of accounting. The Company does not currently participate in any significant VIEs in which it has a controlling financial interest.

Disclosures About Defined Pensi

Disclosures About Defined Pension Benefit Obligations	3 Months Ended
	Jan. 01, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Disclosures About Defined Pension Benefit Obligations	Disclosures About Defined Pension Benefit Obligations The following table presents the components of net periodic benefit cost recognized in earnings during each of the three months ended January 1, 2016 and December 26, 2014 (in thousands): For the Three Months Ended Component: January 1, December 26, Service cost $ 8,676 $ 8,576 Interest cost 15,702 16,658 Expected return on plan assets (19,507 ) (21,049 ) Amortization of previously unrecognized items 5,733 5,410 Settlement (gain) loss (163 ) 59 Net periodic benefit cost $ 10,441 $ 9,654 Included in the above table are amounts relating to a U.S. pension plan, the participating employees of which are assigned to, and work exclusively on, a specific operating contract with the U.S. federal government. It is the expectation of the parties to this contract that the cost of this pension plan will be fully reimbursed by the U.S. federal government pursuant to applicable cost accounting standards. The underfunded amount for this pension plan is included in "Other Noncurrent Assets" in the accompanying Consolidated Balance Sheets at January 1, 2016 . Net periodic pension costs for this pension plan for the three months ended January 1, 2016 were $3.4 million and for the three months ended December 26, 2014 were $1.5 million . The following table presents certain information regarding Company cash contributions to our pension plans for fiscal 2016 (in thousands): Cash contributions made during the first three months of fiscal 2016 $ 7,379 Cash contributions we expect to make during the remainder of fiscal 2016 35,037 Total $ 42,416

Other Comprehensive Income

Other Comprehensive Income	3 Months Ended
	Jan. 01, 2016
Equity [Abstract]
Other Comprehensive Income	Other Comprehensive Income The following table presents amounts reclassified from change in pension liabilities in other comprehensive income to direct cost of contracts and selling, general and administrative expenses in the Company's Consolidated Statements of Earnings for the three months ended January 1, 2016 and December 26, 2014 related to the Company's defined benefit pension plans (in thousands): For the Three Months Ended January 1, December 26, Amortization of Defined Benefit Items: Actuarial losses $ (4,461 ) $ (5,410 ) Prior service cost 61 24 Total Before Income Tax (4,400 ) (5,386 ) Income Tax Benefit 1,046 1,508 Total Reclassifications, After-tax $ (3,354 ) $ (3,878 )

Income Taxes

Income Taxes	3 Months Ended
	Jan. 01, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes During the three months ended January 1, 2016 , the Company released a valuation allowance on deferred tax assets pertaining to foreign net operating losses, resulting in a one-time tax benefit of $11.2 million recorded in Income Tax Expense in the accompanying Consolidated Statements of Earnings.

Earnings Per Share and Certain

Earnings Per Share and Certain Related Information	3 Months Ended
	Jan. 01, 2016
Earnings Per Share Reconciliation [Abstract]
Earnings Per Share and Certain Related Information	Earnings Per Share and Certain Related Information The following table (i) reconciles the denominator used to compute basic earnings per share ("EPS") to the denominator used to compute diluted EPS for the three months ended January 1, 2016 and December 26, 2014 ; (ii) provides information regarding the number of non-qualified stock options and shares of restricted stock that were antidilutive and therefore disregarded in calculating the weighted average number of shares outstanding used in computing diluted EPS; and (iii) provides the number of shares of common stock issued from the exercise of stock options and the release of restricted stock (in thousands): For the Three Months Ended January 1, December 26, Shares used to calculate EPS: Weighted average shares outstanding (denominator used to compute basic EPS) 120,888 128,652 Effect of stock options and restricted stock 1,071 1,321 Denominator used to compute diluted EPS 121,959 129,973 Antidilutive stock options and restricted stock 4,011 3,169 Shares of common stock issued from the exercise of stock options and the release of restricted stock 287 396 Share Repurchases On July 23, 2015, the Company's Board of Directors authorized a share repurchase program of up to $500 million of the Company's common stock. The following table summarizes the activity under this program from the authorization date (in thousands, except per-share amounts): Amount Authorized Average Price Per Share (1) Total Shares Retired Shares Repurchased $500,000 $41.09 1,024 1,024 (1) Includes commissions paid and calculated as the average price per share since the repurchase program authorization date. Share repurchases may be executed through various means including, without limitation, open market transactions, privately negotiated transactions or otherwise. The share repurchase program does not obligate the Company to purchase any shares and expires on July 22, 2018. The authorization for the share repurchase program may be terminated, increased or decreased by the Company’s Board of Directors in its discretion at any time. The timing of share repurchases may depend upon market conditions, other uses of capital, and other factors.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jan. 01, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, we are subject to certain contractual guarantees and litigation. The guarantees to which we are a party generally relate to project schedules and plant performance. Most of the litigation in which we are involved has us as a defendant in workers' compensation, personal injury, environmental, employment/labor, professional liability, and other similar lawsuits. We maintain insurance coverage for various aspects of our business and operations. Our insurance programs have varying coverage limits and maximums, and insurance companies may seek to not pay any claims we might make. We have also elected to retain a portion of losses that occur through the use of various deductibles, limits, and retentions under our insurance programs. As a result, we may be subject to future liability for which we are only partially insured or completely uninsured. We intend to mitigate any such future liability by continuing to exercise prudent business judgment in negotiating the terms and conditions of our contracts. Our insurers are also subject to business risk and, as a result, one or more of them may be unable to fulfill their insurance obligations due to insolvency or otherwise. Additionally, as a contractor providing services to the U.S. federal government and several of its agencies, we are subject to many levels of audits, investigations, and claims by, or on behalf of, the U.S. federal government with respect to our contract performance, pricing, costs, cost allocations, and procurement practices. Furthermore, our income, franchise, and similar tax returns and filings are also subject to audit and investigation by the Internal Revenue Service, most states within the U.S. as well as by various government agencies representing jurisdictions outside the U.S. We record in our Consolidated Balance Sheets amounts representing our estimated liability relating to such claims, guarantees, litigation, and audits and investigations. We perform an analysis to determine the level of reserves to establish for insurance-related claims that are known and have been asserted against us, and for insurance-related claims that are believed to have been incurred based on actuarial analysis, but have not yet been reported to our claims administrators as of the respective balance sheet dates. We include any adjustments to such insurance reserves in our consolidated results of operations. The Company believes, after consultation with counsel, that such guarantees, litigation, U.S. government contract-related audits, investigations and claims, and income tax audits and investigations should not have any material adverse effect on our consolidated financial statements. On August 9, 2014, the Company received a Notice of Arbitration from Motiva Enterprises LLC ("Motiva"). The arbitration is pending in Houston, Texas before the International Institute for Conflict Prevention and Resolution and is currently scheduled to begin on September 26, 2016. In 2006, Motiva contracted with Bechtel-Jacobs CEP Port Arthur Joint Venture (“BJJV”), a joint venture between Bechtel Corporation and Jacobs to perform professional services in connection with the expansion project at the Motiva Port Arthur, Texas refinery. In the Notice of Arbitration, Motiva asserts various causes of action and alleges fraud and breach of fiduciary duty and entitlement to equitable and monetary relief in excess of $7 billion . BJJV has denied liability and is vigorously defending these claims, but the Company cannot provide assurance that BJJV will be successful in these efforts as litigation is subject to inherent uncertainties and unfavorable rulings can and do occur. Based on the information currently available to management, the Company does not expect this matter to have a material adverse effect on the Company's business, financial condition, results of operations and/or cash flows. On September 30, 2015, Nui Phao Mining Company Limited (“NPMC”) commenced arbitration proceedings against Jacobs E&C Australia Pty Limited ("Jacobs E&C"). The arbitration is pending in Singapore before the Singapore International Arbitration Centre. In March 2011, Jacobs E&C was engaged by NPMC for the provision of management, design, engineering, and procurement services for the Nui Phao mine/mineral processing project in Vietnam. In the Notice of Arbitration and in a subsequently filed Statement of Claim dated February 1, 2016, NPMC asserts various causes of action and alleges that the quantum of its claim exceeds $167 million . Jacobs has denied liability and is vigorously defending this claim. No hearing date has been set. The Company does not expect this matter to have a material adverse effect on its financial condition, results of operations and/or cash flows. On August 7, 2015, Jacobs and Jacobs Field Services N.A. Inc. (collectively the “Jacobs Parties”) filed a demand for arbitration before the American Arbitration Association against Freeport-McMoran Corporation (“Freeport”) alleging breach of contract for failure to pay invoices of approximately $58 million and for statutory penalties for failure to pay, and asserting that they are entitled to a total of $71.0 million in damages from Freeport (which amount includes the outstanding invoices). On August 28, 2015, Freeport filed an answering statement denying the Jacobs Parties’ claims and asserting counterclaims against the Jacobs Parties for breach of contract and alleging damages of $116.0 million . The Jacobs Parties have denied liability and are vigorously defending these claims. No hearing date has been set. The Company does not expect this matter to have a material adverse effect on its financial condition, results of operations and/or cash flows. On December 7, 2009, the Judicial Council of California, Administrative Office of the Courts (“AOC”) initiated an action in the San Francisco County Superior Court against Jacobs Facilities Inc. (“JFI”) and Jacobs Project Management (“JPM”). On June 6, 2011, AOC filed an operative Second Amended Complaint, which added Jacobs as a defendant. The action arises out of an assignment and assumption agreement between AOC and JFI pursuant to which JFI agreed to provide regular maintenance and repairs at certain AOC court facilities. AOC alleged three causes of action: (i) breach of contract based on the expiration of JFI’s contractor’s license before the assignment and assumption agreement was executed; (ii) disgorgement of all fees paid to JFI and JPM under the contract pursuant to California’s Contractors’ State License Law (“CSLL”); and (iii) breach of Jacobs’ parent guarantee agreement. JPM cross-claimed for unpaid sums for services that the licensed JPM had performed pursuant to the assigned contract between August 2009 and November 2009. A jury trial was held on the parties’ CSLL claims in April 2012 and, on May 2, 2012, the jury returned a special verdict in favor of the Jacobs entities finding, among other things, that JPM was owed approximately $4.7 million in unpaid fees and that JFI was not required to disgorge the approximate $18.3 million that AOC had paid for its work under the contract. AOC subsequently dismissed its cause of action for breach of contract, and JPM dismissed its cross-claims other than those for its unpaid invoices. AOC’s third cause of action for breach of the parent guaranty was resolved by a stipulation, which provided that if AOC obtains a judgment against JFI, the judgment will also be against its parent, Jacobs. The trial court entered judgment in the Jacobs entities’ favor. On August 20, 2015, the California Court of Appeal for the First Appellate District reversed the jury’s verdict, holding that JFI had violated the CSLL. The Court of Appeal remanded for an evidentiary hearing to determine whether JFI and JPM had “substantially complied” with, and may therefore avoid disgorgement under, the CSLL. The Jacobs entities have contested, and will continue to vigorously contest, the AOC’s claims and will vigorously litigate JPM’s claim for unpaid sums. The Company does not expect this matter to have a material adverse effect on its financial condition, results of operations and/or cash flows.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Jan. 01, 2016
Basis of Presentation [Abstract]
Use of Estimates and Assumptions	The preparation of financial statements in conformity with U.S. GAAP requires us to employ estimates and make assumptions that affect the reported amounts of certain assets and liabilities, the revenues and expenses reported for the periods covered by the accompanying consolidated financial statements, and certain amounts disclosed in these Notes to the Consolidated Financial Statements. Although such estimates and assumptions are based on management's most recent assessment of the underlying facts and circumstances utilizing the most current information available and past experience, actual results could differ significantly from those estimates and assumptions. Our estimates, judgments, and assumptions are evaluated periodically and adjusted accordingly. Please refer to Note 2— Significant Accounting Policies of Notes to Consolidated Financial Statements included in our 2015 Form 10-K for a discussion of the significant estimates and assumptions affecting our consolidated financial statements.
New Accounting Pronouncements	From time to time, the Financial Accounting Standards Board ("FASB") issues accounting standards updates (each being an "ASU") to its Accounting Standards Codification ("ASC"), which constitutes the primary source of U.S. GAAP. The Company regularly monitors ASUs as they are issued and considers their applicability to its business. All ASUs applicable to the Company are adopted by the due date and in the manner prescribed by the FASB. In May 2014, the FASB issued ASU No. 2014-09— Revenue from Contracts with Customers . The new guidance provided by ASU 2014-09 is intended to remove inconsistencies and perceived weaknesses in the existing revenue requirements, provide a more robust framework for addressing revenue issues, improve comparability, provide more useful information and simplify the preparation of financial statements. ASU 2014-09 was initially effective for annual and interim reporting periods beginning after December 15, 2016. On July 9, 2015 the FASB approved a one year deferral of the effective date of this standard. The revised effective date for the standard is for annual reporting periods beginning after December 15, 2017 and interim periods therein. The FASB also approved changes allowing for early adoption of the standard as of the original effective date. The Company continues to evaluate the impact that the new guidance may have on its consolidated financial statements. In November 2015, the FASB issued Accounting Standards Update 2015-17— Balance Sheet Classification of Deferred Taxes . As part of the FASB's accounting simplification initiative, ASU 2015-17 removes the requirement to separate deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position. Instead, the update requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. ASU 2015-17 is effective for entities (other than public business entities) for fiscal years beginning after December 15, 2016, with retrospective application to all periods presented. Early application is permitted. The Company does not expect the impact of this ASU to be material to its consolidated financial statements.
Revenue Recognition	In general, we recognize revenue at the time we provide services. Depending on the commercial terms of the contract, we recognize revenues either when costs are incurred, or using the percentage-of-completion method of accounting by relating contract costs incurred to date to the total estimated costs at completion. Contract losses are provided for in their entirety in the period they become known, without regard to the percentage-of-completion. For multiple contracts with a single customer we account for each contract separately. We also recognize as revenues, costs associated with claims and unapproved change orders to the extent it is probable that such claims and change orders will result in additional contract revenue, and the amount of such additional revenue can be reliably estimated. A significant portion of the Company's revenue is earned on cost reimbursable contracts. The percentage of revenues realized by the Company by type of contract during fiscal 2015 can be found in Note 1— Description of Business and Basis of Presentation of Notes to Consolidated Financial Statements included in our 2015 Form 10-K. Certain cost-reimbursable contracts include incentive-fee arrangements. The incentive fees in such contracts can be based on a variety of factors but the most common are the achievement of target completion dates, target costs, and/or other performance criteria. Failure to meet these targets can result in unrealized incentive fees. We recognize incentive fees based on expected results using the percentage-of-completion method of accounting. As the contract progresses and more information becomes available, the estimate of the anticipated incentive fee that will be earned is revised as necessary. We bill incentive fees based on the terms and conditions of the individual contracts. In certain situations, we are allowed to bill a portion of the incentive fees over the performance period of the contract. In other situations, we are allowed to bill incentive fees only after the target criterion has been achieved. Incentive fees which have been recognized but not billed are included in Receivables in the accompanying Consolidated Balance Sheets. Certain cost-reimbursable contracts with government customers as well as certain commercial clients provide that contract costs are subject to audit and adjustment. In this situation, revenues are recorded at the time services are performed based upon the amounts we expect to realize upon completion of the contracts. Revenues are not recognized for non-recoverable costs. In those situations where an audit indicates that we may have billed a client for costs not allowable under the terms of the contract, we estimate the amount of such nonbillable costs and adjust our revenues accordingly. When we are directly responsible for subcontractor labor or third-party materials and equipment, we reflect the costs of such items in both revenues and costs. On those projects where the client elects to pay for such items directly and we have no associated responsibility for such items, these amounts are not reflected in either revenues or costs.
Consolidation, Variable Interest Entity	As is common to the industry, we execute certain contracts jointly with third parties through various forms of joint ventures and consortiums. Although the joint ventures own and hold the contracts with the clients, the services required by the contracts are typically performed by us and our joint venture partners, or by other subcontractors under subcontracting agreements with the joint ventures. The assets of our joint ventures, therefore, consist almost entirely of cash and receivables (representing amounts due from clients), and the liabilities of our joint ventures consist almost entirely of amounts due to the joint venture partners (for services provided by the partners to the joint ventures under their individual subcontracts) and other subcontractors. In general, at any given time, the equity of our joint ventures represents the undistributed profits earned on contracts the joint ventures hold with clients. Very few of our joint ventures have employees. None of our joint ventures have third-party debt or credit facilities. Our joint ventures, therefore, are simply mechanisms used to deliver engineering and construction services to clients. Rarely do they, in and of themselves, present any risk of loss to us or to our partners separate from those that we would carry if we were performing the contract on our own. Under U.S. GAAP, our share of losses associated with the contracts held by the joint ventures, if and when they occur, has always been reflected in our Consolidated Financial Statements. Certain of our joint ventures meet the definition of a "variable interest entity" ("VIE"). As defined in U.S. GAAP, a VIE is a legal entity in which equity investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or, as a group, the holders of the equity investment at risk lack any one of the following three characteristics: (i) the power, through voting rights or similar rights, to direct the activities of a legal entity that most significantly impact the entity's economic performance; (ii) the obligation to absorb the expected losses of the legal entity; or (iii) the right to receive the expected residual returns of the legal entity. Accordingly, entities issuing consolidated financial statements (i.e., a "reporting entity") shall consolidate a VIE if the reporting entity has a "controlling financial interest" in the VIE, as demonstrated by the reporting entity having both (i) the power to direct the activities of a VIE that most significantly impact the VIE's economic performance; and (ii) the right to receive benefits from the VIE that could potentially be significant to the VIE or the obligation to absorb losses of the VIE that could potentially be significant to the VIE. In evaluating our VIEs for possible consolidation, we perform a qualitative analysis to determine whether or not we have a "controlling financial interest" in the VIE as defined by U.S. GAAP. We consolidate only those VIEs over which we have a controlling financial interest. For the Company’s unconsolidated joint ventures, we use the equity method of accounting. The Company does not currently participate in any significant VIEs in which it has a controlling financial interest.

Receivables (Tables)

Receivables (Tables)	3 Months Ended
	Jan. 01, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	The following table presents the components of receivables appearing in the accompanying Consolidated Balance Sheets at January 1, 2016 and October 2, 2015 as well as certain other related information (in thousands): January 1, October 2, Components of receivables: Amounts billed $ 1,289,617 $ 1,213,892 Unbilled receivables and other 1,041,538 1,252,509 Retentions receivable 93,292 82,342 Total receivables, net $ 2,424,447 $ 2,548,743 Other information about receivables: Amounts due from the United States federal government, included above, net of advanced billings $ 299,972 $ 327,157 Claims receivable $ 19,948 $ 32,511

Property, Equipment and Impro21

Property, Equipment and Improvements, Net (Tables)	3 Months Ended
	Jan. 01, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Equipment and Improvements, Net in the accompanying Consolidated Balance Sheets at January 1, 2016 and October 2, 2015 consisted of the following (in thousands): January 1, October 2, Land $ 23,469 $ 23,757 Buildings 92,404 97,597 Equipment 582,064 592,491 Leasehold improvements 250,294 259,544 Construction in progress 22,116 17,229 970,347 990,618 Accumulated depreciation and amortization (609,341 ) (609,380 ) $ 361,006 $ 381,238

Revenue Accounting for Contra22

Revenue Accounting for Contracts / Accounting for Joint Ventures (Tables)	3 Months Ended
	Jan. 01, 2016
Revenue Accounting for Contracts / Accounting for Joint Ventures [Abstract]
Schedule of Variable Interest Entities	The following table sets forth pass-through costs included in revenues for each of the three months ended January 1, 2016 and December 26, 2014 (in thousands): For the Three Months Ended January 1, December 26, Pass-through costs included in revenues $ 670,331 $ 706,830

Disclosures About Defined Pen23

Disclosures About Defined Pension Benefit Obligations (Tables)	3 Months Ended
	Jan. 01, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Schedule of Pension Plans' Net Benefit Obligation	The following table presents the components of net periodic benefit cost recognized in earnings during each of the three months ended January 1, 2016 and December 26, 2014 (in thousands): For the Three Months Ended Component: January 1, December 26, Service cost $ 8,676 $ 8,576 Interest cost 15,702 16,658 Expected return on plan assets (19,507 ) (21,049 ) Amortization of previously unrecognized items 5,733 5,410 Settlement (gain) loss (163 ) 59 Net periodic benefit cost $ 10,441 $ 9,654
Defined Contribution Plans	The following table presents certain information regarding Company cash contributions to our pension plans for fiscal 2016 (in thousands): Cash contributions made during the first three months of fiscal 2016 $ 7,379 Cash contributions we expect to make during the remainder of fiscal 2016 35,037 Total $ 42,416

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	3 Months Ended
	Jan. 01, 2016
Equity [Abstract]
Reclassification out of Accumulated Other Comprehensive Income	The following table presents amounts reclassified from change in pension liabilities in other comprehensive income to direct cost of contracts and selling, general and administrative expenses in the Company's Consolidated Statements of Earnings for the three months ended January 1, 2016 and December 26, 2014 related to the Company's defined benefit pension plans (in thousands): For the Three Months Ended January 1, December 26, Amortization of Defined Benefit Items: Actuarial losses $ (4,461 ) $ (5,410 ) Prior service cost 61 24 Total Before Income Tax (4,400 ) (5,386 ) Income Tax Benefit 1,046 1,508 Total Reclassifications, After-tax $ (3,354 ) $ (3,878 )

Earnings Per Share and Certai25

Earnings Per Share and Certain Related Information (Tables)	3 Months Ended
	Jan. 01, 2016
Earnings Per Share Reconciliation [Abstract]
Earnings Per Share	The following table (i) reconciles the denominator used to compute basic earnings per share ("EPS") to the denominator used to compute diluted EPS for the three months ended January 1, 2016 and December 26, 2014 ; (ii) provides information regarding the number of non-qualified stock options and shares of restricted stock that were antidilutive and therefore disregarded in calculating the weighted average number of shares outstanding used in computing diluted EPS; and (iii) provides the number of shares of common stock issued from the exercise of stock options and the release of restricted stock (in thousands): For the Three Months Ended January 1, December 26, Shares used to calculate EPS: Weighted average shares outstanding (denominator used to compute basic EPS) 120,888 128,652 Effect of stock options and restricted stock 1,071 1,321 Denominator used to compute diluted EPS 121,959 129,973 Antidilutive stock options and restricted stock 4,011 3,169 Shares of common stock issued from the exercise of stock options and the release of restricted stock 287 396
Share Repurchases	The following table summarizes the activity under this program from the authorization date (in thousands, except per-share amounts): Amount Authorized Average Price Per Share (1) Total Shares Retired Shares Repurchased $500,000 $41.09 1,024 1,024 (1) Includes commissions paid and calculated as the average price per share since the repurchase program authorization date.

Receivables (Details)

Receivables (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Oct. 02, 2015
Components of receivables:
Amounts billed	$ 1,289,617	$ 1,213,892
Unbilled receivables and other	1,041,538	1,252,509
Retentions receivable	93,292	82,342
Total receivables, net	2,424,447	2,548,743
Other information about receivables:
Amounts due from the United States federal government, included above, net of advanced billings	299,972	327,157
Claims receivable	$ 19,948	$ 32,511
Duration which unbilled amounts will be billed and collected over (duration)	12 months

Property, Equipment and Impro27

Property, Equipment and Improvements, Net (Details) - USD ($) $ in Thousands	Jan. 01, 2016	Oct. 02, 2015
Property, Plant and Equipment [Line Items]
Property, equipment and improvements, gross	$ 970,347	$ 990,618
Accumulated depreciation and amortization	(609,341)	(609,380)
Property, equipment and improvements, net	361,006	381,238
Land
Property, Plant and Equipment [Line Items]
Property, equipment and improvements, gross	23,469	23,757
Buildings
Property, Plant and Equipment [Line Items]
Property, equipment and improvements, gross	92,404	97,597
Equipment
Property, Plant and Equipment [Line Items]
Property, equipment and improvements, gross	582,064	592,491
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, equipment and improvements, gross	250,294	259,544
Construction in progress
Property, Plant and Equipment [Line Items]
Property, equipment and improvements, gross	$ 22,116	$ 17,229

Long-term Debt (Revolving Credi

Long-term Debt (Revolving Credit Facility) (Details)	3 Months Ended
	Jan. 01, 2016USD ($)tranche
Line of Credit Facility [Line Items]
Total issued letters of credit	$ 240,900,000
Number of tranches in revolving credit facility (in tranches) | tranche	2
Letter of Credit
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	$ 300,000,000
Subfacility of Swingline Loans
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	$ 50,000,000
Minimum
Line of Credit Facility [Line Items]
Facility fee percentage	0.10%
Minimum | Eurocurrency Interest Rate
Line of Credit Facility [Line Items]
Margin added to variable rate interest rate (percentage)	1.00%
Minimum | Base Interest Rate
Line of Credit Facility [Line Items]
Margin added to variable rate interest rate (percentage)	0.00%
Maximum
Line of Credit Facility [Line Items]
Facility fee percentage	0.25%
Maximum | Eurocurrency Interest Rate
Line of Credit Facility [Line Items]
Margin added to variable rate interest rate (percentage)	1.50%
Maximum | Base Interest Rate
Line of Credit Facility [Line Items]
Margin added to variable rate interest rate (percentage)	0.50%
2014 Facility
Line of Credit Facility [Line Items]
Available borrowing capacity	$ 975,600,000
2014 Facility | Revolving Credit Facility
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	1,600,000,000
Credit facility potential borrowing capacity	2,100,000,000
Direct borrowings on credit facility	621,900,000
2014 Facility | Letter of Credit
Line of Credit Facility [Line Items]
Direct borrowings on credit facility	2,500,000
Committed and Uncommitted Letter of Credit Facility | Letter of Credit
Line of Credit Facility [Line Items]
Direct borrowings on credit facility	$ 238,400,000

Revenue Accounting for Contra29

Revenue Accounting for Contracts / Accounting for Joint Ventures (Subcontractor Costs) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Dec. 26, 2014
Revenue Accounting for Contracts / Accounting for Joint Ventures [Abstract]
Pass-through costs included in revenues	$ 670,331	$ 706,830

Disclosures About Defined Pen30

Disclosures About Defined Pension Benefit Obligations (Schedule of Pension Plans' Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Dec. 26, 2014
Component:
Service cost	$ 8,676	$ 8,576
Interest cost	15,702	16,658
Expected return on plan assets	(19,507)	(21,049)
Amortization of previously unrecognized items	5,733	5,410
Settlement (gain) loss	(163)	59
Net periodic benefit cost	$ 10,441	$ 9,654

Disclosures About Defined Pen31

Disclosures About Defined Pension Benefit Obligations (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Dec. 26, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic pension costs	$ 10,441	$ 9,654
U.S. Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic pension costs	$ 3,400	$ 1,500

Disclosures About Defined Pen32

Disclosures About Defined Pension Benefit Obligations (Defined Contribution Plans) (Details) $ in Thousands	3 Months Ended
	Jan. 01, 2016USD ($)
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Cash contributions made during the first three months of fiscal 2016	$ 7,379
Cash contributions we expect to make during the remainder of fiscal 2016	35,037
Total	$ 42,416

Other Comprehensive Income (Det

Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2016	Dec. 26, 2014
Amortization of Defined Benefit Items:
Earnings Before Taxes	$ 57,787	$ 154,695
Income Tax Benefit	(7,481)	(48,500)
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Defined Benefit Plans Adjustment
Amortization of Defined Benefit Items:
Actuarial losses	(4,461)	(5,410)
Prior service cost	61	24
Earnings Before Taxes	(4,400)	(5,386)
Income Tax Benefit	1,046	1,508
Total Reclassifications, After-tax	$ (3,354)	$ (3,878)

Income Taxes (Details)

Income Taxes (Details) $ in Millions	3 Months Ended
	Jan. 01, 2016USD ($)
Income Tax Disclosure [Abstract]
One-time tax benefit	$ 11.2

Earnings Per Share and Certai35

Earnings Per Share and Certain Related Information (Details) - USD ($) $ / shares in Units, shares in Thousands	Jul. 23, 2015	Jan. 01, 2016	Dec. 26, 2014
Shares used to calculate EPS:
Weighted average shares outstanding (denominator used to compute basic EPS)		120,888	128,652
Effect of stock options and restricted stock		1,071	1,321
Denominator used to compute diluted EPS		121,959	129,973
Antidilutive stock options and restricted stock		4,011	3,169
Shares of common stock issued from the exercise of stock options and the release of restricted stock		287	396
Share Repurchases
Amount authorized to be repurchased	$ 500,000,000
Average cost per share repurchased ($ per share)	$ 41.09
Number of shares repurchased (in shares)	1,024

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Sep. 30, 2015	Aug. 28, 2015	Aug. 07, 2015	Aug. 09, 2014	May. 02, 2012
Nui Phao Mining Company
Loss Contingencies [Line Items]
Damages sought	$ 167
Freeport-McMoran Breach of Contract (Invoices)
Loss Contingencies [Line Items]
Damages sought			$ 58
Freeport-McMoran
Loss Contingencies [Line Items]
Damages sought		$ 116
Damages entitled to			$ 71
Judicial Council Of California - Unpaid Fees
Loss Contingencies [Line Items]
Litigation amount					$ 4.7
Judicial Council Of California, Disgorged Fees
Loss Contingencies [Line Items]
Litigation amount					$ 18.3
Pending Litigation | Motiva vs. Bechtel-Jacobs CEP Port Arthur Joint Venture
Loss Contingencies [Line Items]
Damages sought				$ 7,000