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KBR, Inc. – ‘10-Q’ for 9/30/22 – ‘EX-31.1’

On:  Thursday, 10/27/22, at 6:09am ET   ·   For:  9/30/22   ·   Accession #:  1357615-22-175   ·   File #:  1-33146

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  As Of               Filer                 Filing    For·On·As Docs:Size

10/27/22  KBR, Inc.                         10-Q        9/30/22  104:12M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.50M 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     33K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     33K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     29K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     29K 
11: R1          Cover Page                                          HTML     80K 
12: R2          Condensed Consolidated Statements of Operations     HTML    129K 
13: R3          Condensed Consolidated Statements of Comprehensive  HTML     88K 
                Income (Loss)                                                    
14: R4          Condensed Consolidated Balance Sheets               HTML    169K 
15: R5          Condensed Consolidated Balance Sheets               HTML     56K 
                (Parenthetical)                                                  
16: R6          Condensed Consolidated Statements of Shareholders'  HTML    145K 
                Equity                                                           
17: R7          Condensed Consolidated Statements of Shareholders'  HTML     31K 
                Equity (Parenthetical)                                           
18: R8          Condensed Consolidated Statements of Cash Flows     HTML    154K 
19: R9          Basis of Presentation                               HTML    114K 
20: R10         Business Segment Information                        HTML     71K 
21: R11         Revenue                                             HTML    166K 
22: R12         Acquisitions                                        HTML     41K 
23: R13         Cash and Cash Equivalents                           HTML     52K 
24: R14         Unapproved Change Orders and Claims Against         HTML     49K 
                Clients and Estimated Recoveries of Claims Against               
                Suppliers and Subcontractors                                     
25: R15         Restructuring Charges                               HTML     30K 
26: R16         Equity Method Investments and Variable Interest     HTML     58K 
                Entities                                                         
27: R17         Retirement Benefits                                 HTML     69K 
28: R18         Debt and Other Credit Facilities                    HTML     80K 
29: R19         Income Taxes                                        HTML     37K 
30: R20         Commitments And Contingencies                       HTML     39K 
31: R21         U.S. Government Matters                             HTML     39K 
32: R22         Claims and Accounts Receivable                      HTML     30K 
33: R23         Accumulated Other Comprehensive Loss                HTML     82K 
34: R24         Share Repurchases                                   HTML     62K 
35: R25         Income (loss) per Share                             HTML     64K 
36: R26         Fair Value of Financial Instruments and Risk        HTML     84K 
                Management                                                       
37: R27         Recent Accounting Pronouncements                    HTML     43K 
38: R28         Basis of Presentation (Policies)                    HTML     43K 
39: R29         Basis of Presentation (Tables)                      HTML    107K 
40: R30         Business Segment Information (Tables)               HTML     64K 
41: R31         Revenue (Tables)                                    HTML    161K 
42: R32         Acquisitions (Tables)                               HTML     37K 
43: R33         Cash and Cash Equivalents (Tables)                  HTML     50K 
44: R34         Unapproved Change Orders and Claims Against         HTML     38K 
                Clients and Estimated Recoveries of Claims Against               
                Suppliers and Subcontractors (Tables)                            
45: R35         Equity Method Investments and Variable Interest     HTML     57K 
                Entities (Tables)                                                
46: R36         Retirement Benefits (Tables)                        HTML     64K 
47: R37         Debt and Other Credit Facilities (Tables)           HTML     58K 
48: R38         Accumulated Other Comprehensive Loss (Tables)       HTML     79K 
49: R39         Share Repurchases (Tables)                          HTML     60K 
50: R40         Income (loss) per Share (Tables)                    HTML     61K 
51: R41         Fair Value of Financial Instruments and Risk        HTML     74K 
                Management (Tables)                                              
52: R42         Basis of Presentation (Balance Sheet) (Details)     HTML     51K 
53: R43         Basis of Presentation (Income Statement) (Details)  HTML    101K 
54: R44         Basis of Presentation (Cash Flows) (Details)        HTML     59K 
55: R45         Basis of Presentation (Balance Sheet Additional     HTML     46K 
                Disclosure) (Details)                                            
56: R46         Business Segment Information (Narrative) (Details)  HTML     36K 
57: R47         Business Segment Information (Schedule of           HTML     46K 
                Operations by Reportable Segment) (Details)                      
58: R48         Revenue (Revenue by Geographic Destination)         HTML     88K 
                (Details)                                                        
59: R49         Revenue (Revenue by Contract Type) (Details)        HTML     56K 
60: R50         Revenue (Narrative) (Details)                       HTML     32K 
61: R51         Revenue (Remaining Performance Obligation)          HTML     42K 
                (Details)                                                        
62: R52         Revenue (Accounts Receivable, Contract Assets and   HTML     36K 
                Liabilities) (Details)                                           
63: R53         Acquisitions (VIMA Group) (Details)                 HTML     60K 
64: R54         Acquisitions (Frazer-Nash Consultancy Limited)      HTML     41K 
                (Details)                                                        
65: R55         Acquisitions (Pro Forma Information) (Details)      HTML     36K 
66: R56         Cash and Cash Equivalents (Details)                 HTML     50K 
67: R57         Unapproved Change Orders and Claims Against         HTML     36K 
                Clients and Estimated Recoveries of Claims Against               
                Suppliers and Subcontractors (Rollforward)                       
                (Details)                                                        
68: R58         Unapproved Change Orders and Claims Against         HTML     79K 
                Clients and Estimated Recoveries of Claims Against               
                Suppliers and Subcontractors (Narrative) (Details)               
69: R59         Restructuring Charges (Narrative) (Details)         HTML     35K 
70: R60         Equity Method Investments and Variable Interest     HTML    108K 
                Entities (Schedule of Equity in Earnings of                      
                Unconsolidated Affiliates) (Details)                             
71: R61         Equity Method Investments and Variable Interest     HTML     34K 
                Entities (Narrative) (Details)                                   
72: R62         Equity Method Investments and Variable Interest     HTML     42K 
                Entities (Related Party Disclosures) (Details)                   
73: R63         Retirement Benefits (Details)                       HTML     67K 
74: R64         Debt and Other Credit Facilities (Outstanding Debt  HTML     56K 
                Balances) (Details)                                              
75: R65         Debt and Other Credit Facilities (Senior Credit     HTML     68K 
                Facility) (Details)                                              
76: R66         Debt and Other Credit Facilities (Schedule of       HTML     55K 
                Commitment Fees) (Details)                                       
77: R67         Debt and Other Credit Facilities (Convertible       HTML     62K 
                Senior Notes) (Details)                                          
78: R68         Debt and Other Credit Facilities (Senior Notes)     HTML     47K 
                (Details)                                                        
79: R69         Debt and Other Credit Facilities (Letters of        HTML     52K 
                Credit, Surety Bonds and Guarantees) (Details)                   
80: R70         Debt and Other Credit Facilities (Nonrecourse       HTML     56K 
                Project Debt) (Details)                                          
81: R71         Income Taxes (Details)                              HTML     43K 
82: R72         Commitments and Contingencies (Details)             HTML     46K 
83: R73         U.S. Government Matters (Details)                   HTML     54K 
84: R74         Claims and Accounts Receivable (Details)            HTML     31K 
85: R75         Accumulated Other Comprehensive Loss (Changes by    HTML     73K 
                Component) (Details)                                             
86: R76         Accumulated Other Comprehensive Loss                HTML     65K 
                (Reclassification out of AOCI) (Details)                         
87: R77         Share Repurchases (Narrative) (Details)             HTML     36K 
88: R78         Share Repurchases (Details)                         HTML     56K 
89: R79         Income (loss) per Share (Schedule Of Basic And      HTML     80K 
                Diluted Weighted Average Common Shares                           
                Outstanding) (Details)                                           
90: R80         Income (loss) per Share (Narrative) (Details)       HTML     45K 
91: R81         Fair Value of Financial Instruments and Risk        HTML     55K 
                Management (Carrying Value and Fair Value)                       
                (Details)                                                        
92: R82         Fair Value of Financial Instruments and Risk        HTML     40K 
                Management (Foreign Currency Risk) (Details)                     
93: R83         Fair Value of Financial Instruments and Risk        HTML     35K 
                Management (Summary of Changes in Fair Value of                  
                Balance Sheet Hedges) (Details)                                  
94: R84         Fair Value of Financial Instruments and Risk        HTML     50K 
                Management (Interest Rate Risk) (Details)                        
95: R85         Fair Value of Financial Instruments and Risk        HTML     35K 
                Management (Credit Losses) (Details)                             
96: R86         Fair Value of Financial Instruments and Risk        HTML     32K 
                Management (Sale of Receivables) (Details)                       
97: R87         Fair Value of Financial Instruments and Risk        HTML     36K 
                Management (Sale of Receivables - Third-party                    
                Financial Institutions) (Details)                                
98: R88         Fair Value of Financial Instruments and Risk        HTML     43K 
                Management (Cost Method Investments) (Details)                   
99: R9999       Uncategorized Items - kbr-20220930.htm              HTML     48K 
102: XML         IDEA XML File -- Filing Summary                      XML    202K  
100: XML         XBRL Instance -- kbr-20220930_htm                    XML   3.56M  
101: EXCEL       IDEA Workbook of Financial Reports                  XLSX    206K  
 7: EX-101.CAL  XBRL Calculations -- kbr-20220930_cal                XML    217K 
 8: EX-101.DEF  XBRL Definitions -- kbr-20220930_def                 XML    867K 
 9: EX-101.LAB  XBRL Labels -- kbr-20220930_lab                      XML   1.95M 
10: EX-101.PRE  XBRL Presentations -- kbr-20220930_pre               XML   1.25M 
 6: EX-101.SCH  XBRL Schema -- kbr-20220930                          XSD    224K 
103: JSON        XBRL Instance as JSON Data -- MetaLinks              523±   770K  
104: ZIP         XBRL Zipped Folder -- 0001357615-22-000175-xbrl      Zip    878K  


‘EX-31.1’   —   Certification — §302 – SOA’02


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EXHIBIT 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(A) AND RULE 15D-14(A) OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Stuart J. B. Bradie, certify that:

1.I have reviewed this quarterly report on Form 10-Q of KBR, Inc. (the “registrant”);

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: October 27, 2022
Chief Executive Officer


Dates Referenced Herein

This ‘10-Q’ Filing    Date    Other Filings
Filed on:10/27/22None on these Dates
For Period end:9/30/22
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Filing Submission 0001357615-22-000175   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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