v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Calculations of Basic and Diluted EPS
3ME
June 30,		6ME
June 30,
(in millions, except per share amounts)2026202520262025
Net earnings attributable to Fluor$114 $2,460 $274 $2,219 
Weighted average common shares outstanding139 165 142 167 
Diluted effect:
Stock options, RSUs and performance-based award units1111
Convertible debt (1)
1—1—
Weighted average diluted shares outstanding141 166 144 168 
Basic EPS
$0.82 $14.93 $1.92 $13.30 
Diluted EPS
$0.81 $14.81 $1.89 $13.19 
Anti-dilutive securities not included in shares outstanding:
Stock options, RSUs and performance-based award units1 1 1 1 
(1) Holders of our 2029 Notes may convert their notes at a conversion price of $45.37 per share when the stock price exceeds $58.98 for 20 of the last 30 days preceding quarter end. Upon conversion, we will repay the principal amount of the notes in cash and may elect to convey the conversion premium in cash, shares of our common stock or a combination of both. The conversion feature of our 2029 Notes has a dilutive impact on EPS when the average market price of our common stock exceeds the conversion price of $45.37 per share for the quarter. During the 2026 Quarter, the weighted average price of our common stock exceeded $45.37 resulting in the addition of 872,024 shares to diluted shares outstanding. During the 2025 Quarter, the weighted average price of our common stock was below the minimum conversion price.