Fluor 2011 Annual Report Download - page 145

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FLUOR CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Operating Information by Segment
Year Ended December 31,
(in millions) 2011 2010 2009
External revenue
Oil & Gas $ 7,961.7 $ 7,740.0 $11,826.9
Industrial & Infrastructure 9,700.4 6,867.2 4,820.6
Government 3,398.2 3,038.0 1,983.2
Global Services 1,577.7 1,508.6 1,578.1
Power 743.4 1,695.5 1,781.5
Total external revenue $23,381.4 $20,849.3 $21,990.3
Segment profit (loss)
Oil & Gas $ 275.6 $ 344.0 $ 729.7
Industrial & Infrastructure 389.3 (169.7) 140.4
Government 145.5 142.2 116.8
Global Services 151.8 133.3 106.6
Power 81.1 170.9 157.7
Total segment profit $ 1,043.3 $ 620.7 $ 1,251.2
Depreciation and amortization of fixed assets
Oil & Gas $ — $ — $ —
Industrial & Infrastructure 4.8 4.5 5.7
Government 10.8 7.4 3.2
Global Services 117.5 108.3 99.0
Power ———
Corporate and other 66.3 69.2 72.9
Total depreciation and amortization of fixed assets $ 199.4 $ 189.4 $ 180.8
Total assets
Oil & Gas $ 1,245.0 $ 986.3 $ 972.3
Industrial & Infrastructure 943.6 534.9 675.9
Government 799.6 1,070.4 660.3
Global Services 936.6 823.9 744.5
Power 191.1 97.2 171.0
Corporate and other 4,154.4 4,102.2 3,954.5
Total assets $ 8,270.3 $ 7,614.9 $ 7,178.5
Capital expenditures
Oil & Gas $ — $ — $ —
Industrial & Infrastructure — 5.9 7.0
Government 10.7 16.2 9.1
Global Services 248.6 185.5 155.9
Power ———
Corporate and other 78.9 57.8 61.1
Total capital expenditures $ 338.2 $ 265.4 $ 233.1
•Industrial & Infrastructure. Segment profit for 2011 was impacted by pre-tax charges for the Greater
Gabbard Project totaling $60 million. Segment profit for 2010 included pre-tax charges of
$343 million on the Greater Gabbard Project. Segment profit for 2010 also included a pre-tax
charge of $95 million for a completed infrastructure joint venture project in California. Both of
these projects are discussed further in ‘‘— Industrial & Infrastructure’’ and ‘‘13. Contingencies and
Commitments’’ above.
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