福陆 2024年度报告

☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 or FLUOR CORPORATION (Exact name of registrant as specified in its charter) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securies Act.YesþNoo Indicate by check mark if the registrant is not required tofile reports pursuant to Secon13 or Secon15(d) of the Exchange Act.Yeso Noþ Indicate by check mark whether the registrant (1)hasfiled all reports required to befiled by Secon13 or 15(d) of the Exchange Act during the preceding12months (or for such shorter period that the registrant was required tofile such reports), and (2)has been subject to suchfiling requirements for the past90days.YesþNoo Indicate by check mark whether the registrant has submied electronically every Interacve Data File required to be submied pursuant to Rule405 ofRegulaon S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).YesþNoo Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smaller reporng company or an emerginggrowth company. See the definions of "large acceleratedfiler," "acceleratedfiler," "smaller reporng company" and "emerging growth company" in Rule12b-2 ofthe Exchange Act. Large acceleratedfilerþAcceleratedfiler oNon-acceleratedfileroSmallerreporngcompany☐Emerginggrowthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transion period for complying with any new orrevisedfinancial accounng standards provided pursuant to Secon13(a) of the Exchange Act.o Indicate by check mark whether the registrant hasfiled a report on and aestaon to its management's assessment of the effecveness of its internal control overfinancial reporng under Secon 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounngfirm that prepared or issued its auditreport.☑ If securies are registered pursuant to Secon 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in thefilingreflect the correcon of an error to previously issuedfinancial statements.o As of June30, 2024, the aggregate market value of the registrant's common stock held by non-affiliates of the registrant was approximately $7.4billion based onthe closing sale price as reported on the New York Stock Exchange. As of January 31, 2025,168,786,393shares of the registrant’s common stock, $0.01par value per share, were outstanding. DOCUMENTS INCORPORATED BY REFERENCE Porons of the Proxy Statement for the 2025 Annual Meeng of Stockholders are incorporated by reference into Part III of this Form 10-K. FLUOR CORPORATION INDEX TO ANNUAL REPORT ON FORM 10-K For the Fiscal Year Ended December31, 2024PageGlossary of Terms1Forward-Looking Informaon2PART IItem1.Business3Item1A.Risk Factors12Item1B.Unresolved StaffComments28Item 1C.Cybersecurity28Item2.Properes29Item3.Legal Proceedings30Item4.Mine Safety Disclosures30PART IIItem5.Market for Registrant's Common Equity, Related Stockholder Maers and Issuer Purchases of Equity Securies31Item6.[Reserved]32Item7.Management's Discussion and Analysis of Financial Condion and Results of Operaons32Item7A.Quantave and Qualitave Disclosures About Market Risk42Item8.Financial Statements and Supplementary Data42Item9.Changes in and Disagreements with Accountants on Accounng and Financial Disclosure43Item9A.Controls and Procedures43Item9B.Other Informaon45Item9C.Disclosure Regarding Foreign Jurisdicons that Prevent Inspecons45PART IIIItem10.Directors, Execuve Officers and Corporate Governance46Item11.Execuve Compensaon46Item12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Maers46Item13.Certain Relaonships and Related Transacons, and Director Independence47Item14.Principal Accountant Fees and Services47PART IVItem15.Exhibits and Financial Statement Schedules48Item16.Form10-K Summary51Signatures51 Glossary of Terms Forward-Looking Informaon Fromme tome, we make certain comments and disclosures in reports and statements, including this 202410-K, or statements aremade by its officers or directors, that, while based on reasonable assumpons, may be forward-looking in nature. Under the PrivateSecuries Ligaon Reform Act of 1995, a "safe harbor" may be provided to us for certain of these forward-looking statements. We cauonreaders that forward-looking statements, including disclosures which use words such as "will, "may," "could," "should," "believes,""ancipates," "plans," "expects," "intends," "esmates," "projects," "potenal," "connue" and similar statements are subject to variousfuture risks and uncertaines which could cause actual results of operaons to differ materially from expectaons. Any forward-looking statements t