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FL
UOR C
UOR C
ORPORA
ORPORA
TION
TION
(NY
(NY
SE: FLR) is one of the w
SE: FLR) is one of the w
orld’
orld’
s lar
s lar
ges
ges
t publicly tr
t publicly tr
aded engineering,
aded engineering,
pr
pr
ocur
ocur
ement, c
ement, c
ons
ons
truction, maint
truction, maint
enanc
enanc
e and pr
e and pr
oject management c
oject management c
ompanies. Ov
ompanies. Ov
er the pas
er the pas
t c
t c
entury
entury
, Fluor
, Fluor
,
,
thr
thr
ough its oper
ough its oper
a
a
ting subsidiaries, has bec
ting subsidiaries, has bec
ome a trus
ome a trus
t
t
ed global leader in pr
ed global leader in pr
o
o
viding e
viding e
x
x
c
c
eptional servic
eptional servic
es and
es and
t
t
echnical kno
echnical kno
wledge acr
wledge acr
os
os
s a br
s a br
oad r
oad r
ange of indus
ange of indus
tries. Clients r
tries. Clients r
ely on Fluor t
ely on Fluor t
o deliv
o deliv
er w
er w
orld-clas
orld-clas
s solutions
s solutions
tha
tha
t optimiz
t optimiz
e their as
e their as
sets, impr
sets, impr
o
o
v
v
e their c
e their c
ompetitiv
ompetitiv
e position and incr
e position and incr
ease their long-t
ease their long-t
erm busines
erm busines
s suc
s suc
c
c
es
es
s.
s.
C
C
onsis
onsis
t
t
ently r
ently r
a
a
t
t
ed as one of the w
ed as one of the w
orld’
orld’
s saf
s saf
es
es
t c
t c
ontr
ontr
act
act
ors, Fluor
ors, Fluor
’
’
s primary objectiv
s primary objectiv
e is t
e is t
o de
o de
v
v
elop and e
elop and e
x
x
ecut
ecut
e
e
pr
pr
ojects on schedule
ojects on schedule
, within budget and with e
, within budget and with e
x
x
c
c
ellenc
ellenc
e
e
. Fluor is a F
. Fluor is a F
OR
OR
TUNE 200 c
TUNE 200 c
ompan
ompan
y with 38,
y with 38,
000
000
emplo
emplo
y
y
ees oper
ees oper
a
a
ting globally
ting globally
.
.
F
F
OR
OR
W
W
ARD-L
ARD-L
OOKING S
OOKING S
T
T
A
A
TEMENT
TEMENT
S
S
T
T
his annual r
his annual r
eport c
eport c
ontains s
ontains s
ta
ta
t
t
ements tha
ements tha
t ma
t ma
y c
y c
ons
ons
titut
titut
e f
e f
orw
orw
ar
ar
d-looking
d-looking
s
s
ta
ta
t
t
ements in
ements in
v
v
olving risks and unc
olving risks and unc
ertainties, including s
ertainties, including s
ta
ta
t
t
ements about our
ements about our
pr
pr
oject
oject
ed earning le
ed earning le
v
v
els, mark
els, mark
et outlook, ne
et outlook, ne
w a
w a
w
w
ar
ar
ds, backlog le
ds, backlog le
v
v
els, c
els, c
ompetition,
ompetition,
the adequac
the adequac
y of funds t
y of funds t
o servic
o servic
e debt, and implementa
e debt, and implementa
tion of s
tion of s
tr
tr
a
a
t
t
egic initia
egic initia
tiv
tiv
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es
and or
and or
ganiza
ganiza
tional changes. T
tional changes. T
hese f
hese f
orw
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ar
ar
d-looking s
d-looking s
ta
ta
t
t
ements r
ements r
eflect the
eflect the
C
C
ompan
ompan
y’
y’
s curr
s curr
ent analy
ent analy
sis of e
sis of e
xis
xis
ting inf
ting inf
orma
orma
tion as of the da
tion as of the da
t
t
e of this annual
e of this annual
r
r
eport, and ar
eport, and ar
e subject t
e subject t
o v
o v
arious risks and unc
arious risks and unc
ertainties. As a r
ertainties. As a r
esult, caution mus
esult, caution mus
t
t
be
be
e
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x
x
er
er
cised
cised
in
in
r
r
elying
elying
on
on
f
f
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ar
d-looking
d-looking
s
s
ta
ta
t
t
ements.
ements.
Due
Due
t
t
o
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kno
kno
wn
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and
and
unkno
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wn
wn
risks, the C
risks, the C
ompan
ompan
y’
y’
s actual r
s actual r
esults ma
esults ma
y diff
y diff
er ma
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t
t
erially fr
erially fr
om our e
om our e
xpecta
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tions or
tions or
pr
pr
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ojections. A
dditional inf
dditional inf
orma
orma
tion c
tion c
onc
onc
erning f
erning f
act
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ors tha
ors tha
t ma
t ma
y influenc
y influenc
e Fluor
e Fluor
’
’
s
s
r
r
esults can be f
esults can be f
ound in the F
ound in the F
orm 10-K tha
orm 10-K tha
t f
t f
ollo
ollo
w
w
s this annual r
s this annual r
eport, under the
eport, under the
heading “It
heading “It
em 1A. Risk F
em 1A. Risk F
act
act
ors.
ors.
”
”
TO
TO
C
C
T
T
ABLE OF C
ABLE OF C
ONTENT
ONTENT
S
S
P.
P.
2
2
P
P
.30
.30
P
P
.32
.32
P
P
.33
.33
P
P
.34
.34
P.
P.
3
3
5
5
P
P
.36
.36
P.
P.
6
6
P.
P.
1
1
0
0
P.
P.
1
1
6
6
P
P
.22
.22
P
P
.26
.26
SHAREHOLDER LETTER
SHAREHOLDER LETTER
PO
PO
WER
WER
NEW A
NEW A
W
W
ARD
ARD
S AND
S AND
BA
BA
CKL
CKL
OG D
OG D
A
A
T
T
A
A
SELECTED FINANCIAL D
SELECTED FINANCIAL D
A
A
T
T
A
A
BO
BO
ARD OF DIRECT
ARD OF DIRECT
ORS
ORS
OFFICERS
OFFICERS
PRO
PRO
JECT PHO
JECT PHO
T
T
OGRAPHY
OGRAPHY
A
A
T A GLANCE
T A GLANCE
OIL & GA
OIL & GA
S
S
INDUS
INDUS
TRIAL &
TRIAL &
INFRA
INFRA
S
S
TRUCTURE
TRUCTURE
GO
GO
VERNMENT
VERNMENT
GL
GL
OBAL SER
OBAL SER
VICES
VICES