XML 85 R62.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Combination - Summary of Pro Forma Financial Information (Detail) - Chicago Bridge & Iron Company N.V. [Member] - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Business Acquisition [Line Items]      
Pro forma revenue [1] $ 9,208 $ 9,658 $ 11,236
Net (loss) income attributable to common stockholders [1] $ (2,523) $ (1,189) $ 55
Pro forma net (loss) income per share attributable to common stockholders      
Basic [1] $ (13.94) $ (6.57) $ 0.31
Diluted [1] $ (13.94) $ (6.57) $ 0.29
Basic [1],[2] 181 181 181
Diluted [1] 181 181 188
[1]

(1)

Adjustments, net of tax, included in the pro forma net income above that were of a non-recurring nature include:

 

2018elimination of (1) restructuring and integration costs ($112 million); (2) transaction costs ($37 million); and (3) debt extinguishment costs ($11 million);

 

2017elimination of restructuring costs ($81 million); and

 

2016elimination of restructuring costs ($7 million).

[2] Pro forma net (loss) income per share was calculated using weighted average basic and diluted shares outstanding during the fourth quarter of 2018. The effects of restricted stock, warrants and redeemable preferred stock were not included in the calculation of diluted earnings per share for 2018 and 2017, due to the net losses in those periods. 2016 diluted shares include restricted stock units and warrants; the impact of the redeemable preferred stock is antidilutive.