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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Mar. 31, 2016	May 02, 2016
Document and Entity Information
Entity Registrant Name	AECOM
Entity Central Index Key	0000868857
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		153,366,731
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 528,490	$ 543,016
Cash in consolidated joint ventures	141,288	140,877
Total cash and cash equivalents	669,778	683,893
Accounts receivable-net	4,801,196	4,841,450
Prepaid expenses and other current assets	771,423	388,982
Income taxes receivable	43,539	81,161
Deferred tax assets-net		250,599
TOTAL CURRENT ASSETS	6,285,936	6,246,085
PROPERTY AND EQUIPMENT-NET	596,891	699,322
DEFERRED TAX ASSETS-NET	126,846
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	347,085	321,625
GOODWILL	5,785,619	5,820,692
INTANGIBLE ASSETS-NET	532,700	659,438
OTHER NON-CURRENT ASSETS	314,138	267,136
TOTAL ASSETS	13,989,215	14,014,298
CURRENT LIABILITIES:
Short-term debt	10,515	2,788
Accounts payable	1,892,457	1,853,993
Accrued expenses and other current liabilities	2,379,803	2,167,771
Billings in excess of costs on uncompleted contracts	645,715	653,877
Current portion of long-term debt	331,998	157,623
TOTAL CURRENT LIABILITIES	5,260,488	4,836,052
OTHER LONG-TERM LIABILITIES	374,858	305,485
DEFERRED TAX LIABILITY-NET	32,608	230,037
PENSION BENEFIT OBLIGATIONS	526,823	565,254
LONG-TERM DEBT	4,130,087	4,446,527
TOTAL LIABILITIES	10,324,864	10,383,355
COMMITMENTS AND CONTINGENCIES (Note 14)
AECOM STOCKHOLDERS' EQUITY:
Common stock-authorized, 300,000,000 shares of $0.01 par value as of March 31, 2016 and September 30, 2015; issued and outstanding 152,913,313 and 151,263,650 shares as of March 31, 2016 and September 30, 2015, respectively	1,529	1,513
Additional paid-in capital	3,564,485	3,518,999
Accumulated other comprehensive loss	(651,371)	(635,100)
Retained earnings	543,797	522,336
TOTAL AECOM STOCKHOLDERS' EQUITY	3,458,440	3,407,748
Noncontrolling interests	205,911	223,195
TOTAL STOCKHOLDERS' EQUITY	3,664,351	3,630,943
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 13,989,215	$ 14,014,298

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2016	Sep. 30, 2015
Consolidated Balance Sheets
Common stock, authorized shares	300,000,000	300,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued shares	152,913,313	151,263,650
Common stock, outstanding shares	152,913,313	151,263,650

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Consolidated Statements of Operations
Revenue	$ 4,381,296	$ 4,506,197	$ 8,678,947	$ 8,716,665
Cost of revenue	4,197,852	4,402,885	8,354,645	8,478,623
Gross profit	183,444	103,312	324,302	238,042
Equity in (loss) earnings of joint ventures	39,016	24,628	64,279	48,552
General and administrative expenses	(29,455)	(29,797)	(58,094)	(64,135)
Acquisition and integration expenses	(50,711)	(91,599)	(91,749)	(230,062)
Loss on disposal activities	(1,536)		(42,589)
Income (loss) from operations	140,758	6,544	196,149	(7,603)
Other income (expense)	746	(1,038)	3,788	1,541
Interest expense	(62,723)	(60,663)	(122,241)	(179,361)
Income (loss) before income tax expense	78,781	(55,157)	77,696	(185,423)
Income tax expense (benefit)	12,187	(75,761)	11,505	(87,960)
Net income (loss)	66,594	20,604	66,191	(97,463)
Noncontrolling interests in income of consolidated subsidiaries, net of tax	(24,766)	(20,338)	(44,730)	(41,246)
Net income (loss) attributable to AECOM	$ 41,828	$ 266	$ 21,461	$ (138,709)
Net income (loss) attributable to AECOM per share:
Basic (in dollars per share)	$ 0.27	$ 0.00	$ 0.14	$ (0.95)
Diluted (in dollars per share)	$ 0.27	$ 0.00	$ 0.14	$ (0.95)
Weighted average shares outstanding:
Basic (in shares)	154,295	151,053	153,957	146,472
Diluted (in shares)	155,448	152,818	155,131	146,472

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Consolidated Statements of Comprehensive Income (Loss)
Net income (loss)	$ 66,594	$ 20,604	$ 66,191	$ (97,463)
Other comprehensive (loss) income, net of tax:
Net unrealized (loss) gain on derivatives, net of tax	(537)	(4,184)	4,786	(5,241)
Foreign currency translation adjustments	67,813	(109,517)	(29,881)	(237,616)
Pension adjustments, net of tax	6,515	5,773	7,204	13,779
Other comprehensive income (loss), net of tax	73,791	(107,928)	(17,891)	(229,078)
Comprehensive income (loss), net of tax	140,385	(87,324)	48,300	(326,541)
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	(24,773)	(19,612)	(43,110)	(38,459)
Comprehensive income (loss) attributable to AECOM, net of tax	$ 115,612	$ (106,936)	$ 5,190	$ (365,000)

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 66,191	$ (97,463)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	218,199	316,444
Equity in earnings of unconsolidated joint ventures	(64,279)	(48,552)
Distribution of earnings from unconsolidated joint ventures	83,218	73,368
Non-cash stock compensation	42,033	51,564
Prepayment penalty on unsecured senior notes		55,639
Excess tax benefit from share-based payment	(3,335)	(2,560)
Foreign currency translation	(33,732)	(32,574)
Write-off of debt issuance costs		8,997
Pension curtailment and settlement gains	(7,818)
Loss on disposal activities	42,589
Other	1,112	(386)
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable	35,317	444,742
Prepaid expenses and other current and non-current assets	(111,571)	(74,858)
Accounts payable	38,936	(76,948)
Accrued expenses and other current liabilities	(150,761)	(164,899)
Billings in excess of costs on uncompleted contracts	(8,162)	(80,146)
Other long-term liabilities	43,269	(39,766)
Net cash provided by operating activities	191,206	332,602
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired	(975)	(3,279,239)
Proceeds from disposal of businesses	39,699
Net investment in unconsolidated joint ventures	(45,562)	(14,759)
Proceeds from sales of investments	11,401	44,518
Purchases of investments	(214)	(43,944)
Proceeds from disposal of property and equipment	36,350	13,432
Payments for capital expenditures	(67,413)	(69,019)
Net cash used in investing activities	(26,714)	(3,349,011)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	2,322,735	4,765,528
Repayments of borrowings under credit agreements	(2,458,358)	(3,075,118)
Issuance of unsecured senior notes		1,600,000
Prepayment penalty on unsecured senior notes		(55,639)
Cash paid for debt and equity issuance costs	(1,499)	(87,098)
Proceeds from issuance of common stock	13,767	8,713
Proceeds from exercise of stock options	4,875	4,474
Payments to repurchase common stock	(18,132)	(11,535)
Excess tax benefit from share-based payment	3,335	2,560
Net distributions to noncontrolling interests	(60,564)	(58,875)
Other financing activities	16,630	(19,160)
Net cash (used in) provided by financing activities	(177,211)	3,073,850
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(1,396)	(19,032)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(14,115)	38,409
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	683,893	574,188
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 669,778	612,597
NON-CASH INVESTING AND FINANCING ACTIVITY
Common stock issued in acquisitions		1,554,912
Debt assumed from acquisitions		$ 567,656

Basis of Presentation	6 Months Ended
Basis of Presentation	Mar. 31, 2016
Basis of Presentation
Basis of Presentation	1.Basis of Presentation Effective January 5, 2015, the official name of the Company changed from AECOM Technology Corporation to AECOM. The accompanying consolidated financial statements of AECOM (the Company) are unaudited and, in the opinion of management, include all adjustments, including all normal recurring items necessary for a fair statement of the Company’s financial position and results of operations for the periods presented. All inter-company balances and transactions are eliminated in consolidation. The consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Form 10-K for the fiscal year ended September 30, 2015 (the Annual Report). The accompanying unaudited consolidated financial statements and related notes have been prepared in accordance with generally accepted accounting principles (GAAP) in the U.S. for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. Certain immaterial reclassifications were made to the prior year to conform to current year presentation. The consolidated financial statements included in this report have been prepared consistently with the accounting policies described in the Annual Report and should be read together with the Annual Report. The results of operations for the three and six months ended March 31, 2016 are not necessarily indicative of the results to be expected for the fiscal year ending September 30, 2016. The Company reports its annual results of operations based on 52 or 53-week periods ending on the Friday nearest September 30. The Company reports its quarterly results of operations based on periods ending on the Friday nearest December 31, March 31, and June 30. For clarity of presentation, all periods are presented as if the periods ended on September 30, December 31, March 31, and June 30.

New Accounting Pronouncements and Changes in Accounting	6 Months Ended
New Accounting Pronouncements and Changes in Accounting	Mar. 31, 2016
New Accounting Pronouncements and Changes in Accounting
New Accounting Pronouncements and Changes in Accounting	2.New Accounting Pronouncements and Changes in Accounting In May 2014, the Financial Accounting Standards Board (FASB) issued new accounting guidance which amended the existing accounting standards for revenue recognition. The new accounting guidance establishes principles for recognizing revenue upon the transfer of promised goods or services to customers, in an amount that reflects the expected consideration received in exchange for those goods or services. The guidance will be effective for the Company’s fiscal year beginning October 1, 2018. The amendments may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of initial application. The Company continues to evaluate the impact and method of the adoption of the new accounting guidance on its consolidated financial statements. In February 2015, the FASB issued amended guidance to the consolidation standard which updates the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. The amendment modifies the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities and affects the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships, among other provisions. This amended guidance will be effective for the Company's fiscal year beginning October 1, 2016. The Company is currently assessing the impact of the adoption that the amended guidance will have on its consolidated financial statements. In April 2015, the FASB issued new accounting guidance which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, consistent with the presentation of a debt discount. Prior to the issuance of the standard, debt issuance costs were required to be presented in the balance sheet as an asset. The guidance requires retrospective application and represents a change in accounting principle. The Company does not expect the guidance to have a material impact on its consolidated financial statements, as the application of this guidance affects classification only. This guidance will be effective for the Company’s fiscal year beginning October 1, 2016. In April 2015, the FASB issued new accounting guidance which provides the use of a practical expedient that permits the entity to measure defined benefit plans assets and obligations using the month-end date that is closest to the entity’s fiscal year-end date and apply that practical expedient consistently from year to year. Should the Company elect to adopt this guidance, it does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements. This guidance will be effective for the Company’s fiscal year beginning October 1, 2016. In September 2015, the FASB issued new accounting guidance which simplifies the accounting for measurement-period adjustments in connection with business combinations. The new guidance requires that the cumulative impact of a measurement-period adjustment (including the impact on prior periods) be recognized in the reporting period in which the adjustment amount is determined, and therefore eliminates the requirement to retrospectively account for the adjustment in prior periods presented. This guidance was effective for fiscal years and interim periods beginning after December 15, 2015, and was to be applied prospectively to measurement-period adjustments that occur after the effective date. Early adoption was permitted. The Company early adopted this guidance for the quarter ended December 31, 2015, which did not have a material impact on the Company’s financial statements. In the first quarter of fiscal 2016, the Company adopted new accounting guidance which raises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. This adoption did not have a material impact on the Company’s consolidated financial statements. In November 2015, the FASB issued new accounting guidance which simplifies the presentation of deferred income taxes. This guidance requires that deferred tax assets and liabilities be classified as non-current in the balance sheet. The Company has elected early adoption of this standard on a prospective basis in the first quarter of fiscal 2016. This resulted in a reclassification of the Company’s net current deferred tax asset and net current deferred tax liability to the net non-current deferred tax asset and to its net non-current deferred tax liability in the Company’s consolidated balance sheet as of December 31, 2015. Prior periods were not retrospectively adjusted. The adoption of this guidance had no impact on the Company’s consolidated results of income or comprehensive income. In February 2016, the FASB issued new accounting guidance which changes accounting for leases. The new guidance requires lessees to recognize the assets and liabilities arising from all leases, including those classified as operating leases under previous accounting guidance, on the balance sheet. It also requires disclosure of key information about leasing arrangements to increase transparency and comparability among organizations. The guidance will be effective for the Company’s fiscal year beginning October 1, 2019 with early adoption permitted. The new guidance must be adopted using a modified retrospective transition approach, and provides for certain practical expedients. The Company is currently evaluating the impact that the new guidance will have on its consolidated financial statements. In March 2016, the FASB issued new accounting guidance which simplifies the accounting for employee share-based payments. The new guidance will require all income tax effects of awards to be recognized in the statement of operations when the awards vest or are settled. It will also allow an employer to repurchase more of an employee’s shares for tax withholding purposes without triggering liability accounting and to make a policy election to account for forfeitures as they occur. This guidance will be effective for the Company in its fiscal year beginning October 1, 2017, and early adoption is permitted. The Company is currently evaluating the impact that the new guidance will have on its consolidated financial statements.

Business Acquisitions, Goodwill and Intangible Assets

6 Months Ended

Mar. 31, 2016

Business Acquisitions, Goodwill and Intangible Assets

Business Acquisitions, Goodwill and Intangible Assets

3.Business Acquisitions, Goodwill and Intangible Assets

On October 17, 2014, the Company completed the acquisition of the U.S. headquartered URS Corporation (URS), an international provider of engineering, construction, and technical services, by purchasing 100% of the outstanding shares of URS common stock. The purpose of the acquisition was to further diversify the Company’s market presence and accelerate the Company’s strategy to create an integrated delivery platform for customers. The Company paid total consideration of approximately $2.3 billion in cash and issued approximately $1.6 billion of AECOM common stock to the former stockholders and certain equity award holders of URS. In connection with the acquisition, the Company also assumed URS’s senior notes totaling $1.0 billion, and upon the occurrence of a change in control of URS, the URS senior noteholders had the right to redeem their notes at a cash price equal to 101% of the principal amount of the notes. Accordingly, on October 24, 2014, the Company purchased $0.6 billion of URS’s senior notes from the noteholders. See also Note 7, Debt. Additionally, the Company repaid in full URS’s $0.6 billion 2011 term loan and $0.1 billion of URS’s revolving line of credit.

The following summarizes the estimated fair values of URS assets acquired and liabilities assumed (in millions), as of the acquisition date:

Cash and cash equivalents	$	284.9
Accounts receivable	2,512.8
Prepaid expenses and other current assets	421.0
Property and equipment	570.9
Identifiable intangible assets:
Customer relationships, contracts and backlog	969.2
Tradename	7.8

Total identifiable intangible assets	977.0
Goodwill	3,992.0
Other non-current assets	329.8
Accounts payable	(656.7		)
Accrued expenses and other current liabilities	(1,344.8		)
Billings in excess of costs on uncompleted contracts	(397.8		)
Current portion of long-term debt	(47.4		)
Other long-term liabilities	(393.6		)
Pension benefit obligations	(406.3		)
Long-term debt	(520.2		)
Noncontrolling interests	(201.0		)

Net assets acquired	$	5,120.6

Backlog and customer relationships represent the fair value of existing contracts and the underlying customer relationships, and have lives ranging from 1 to 11 years (weighted average lives of approximately 3 years). Other intangible assets primarily consist of the fair value of office leases. Goodwill recognized largely results from a substantial assembled workforce, which does not qualify for separate recognition, as well as expected future synergies from combining operations. Accrued expenses and other current liabilities above include URS project liabilities and approximately $240 million, as of the acquisition date, related to estimated URS legal settlements and uninsured legal damages; see Note 14, Commitments and Contingencies, which includes legal matters related to former URS affiliates.

The following presents summarized unaudited pro forma operating results assuming that the Company had acquired URS at October 1, 2013. These pro forma operating results are presented for illustrative purposes only and are not indicative of the operating results that would have been achieved had the related events occurred.

	Six Months Ended March 31, 2015
	(in millions)
Revenue	$	9,044
Income from operations	$	207
Net income	$	137
Net income attributable to AECOM	$	85

Net income attributable to AECOM per share:
Basic	$	0.56
Diluted	$	0.56

Amortization of intangible assets relating to URS was $59.1 million and $93.4 million during the three months ended March 31, 2016 and 2015, respectively, and $118.1 million and $192.4 million during the six months ended March 31, 2016 and 2015, respectively. Additionally, included in equity in earnings of joint ventures and noncontrolling interests was intangible amortization expense of $6.5 million and $(3.9) million, respectively, during the three months ended March 31, 2016 and $9.7 million and $(5.7) million, respectively, during the three months ended March 31, 2015 related to joint venture fair value adjustments. Included in equity in earnings of joint ventures and noncontrolling interests was intangible amortization expense of $16.3 million and $(9.6) million, respectively, during the six months ended March 31, 2016 and $17.8 million and $(15.2) million, respectively, during the six months ended March 31, 2015 related to joint venture fair value adjustments.

Billings in excess of costs on uncompleted contracts includes a margin fair value liability associated with long-term contracts acquired in connection with the acquisition of URS on October 17, 2014. This margin fair value liability was $148.1 million at the acquisition date and its carrying value was $22.8 million at March 31, 2016, and is recognized as revenue on a percentage-of-completion basis as the applicable projects progress. The Company anticipates the remaining liability will be recognized as revenue over five years, with the majority over the first two years. Revenue and the related income from operations related to the margin fair value liability recognized during the three months ended March 31, 2016 and 2015 was $13.2 million and $29.8 million, respectively; revenue and the related income from operations related to the margin fair value liability recognized during the six months ended March 31, 2016 and 2015 was $28.4 million and $54.2 million, respectively.

Acquisition and integration expenses, resulting from the acquisition of URS, in the accompanying consolidated statements of operations for the three and six months ended March 31, 2016 and 2015 were comprised of the following (in millions):

	Three months ended				Six months ended
	Mar 31, 2016		Mar 31, 2015		Mar 31, 2016		Mar 31, 2015
	(in millions)
Severance and personnel costs	$	5.4	$	42.2	$	12.0	$	151.5
Professional service, real estate-related, and other expenses	45.3		49.4		79.7		78.6

Total	$	50.7	$	91.6	$	91.7	$	230.1

Included in severance and personnel costs for the six months ended March 31, 2016 and 2015 was $12.0 million and $63.4 million of severance expenses, respectively, of which $11.6 million and $21.2 million was paid as of March 31, 2016 and 2015, respectively. All acquisition and integration expenses are classified within Corporate, as presented in Note 15.

Interest expense in the accompanying consolidated statements of operations for the three and six months ended March 31, 2016 included acquisition related financing expenses of $4.1 million and $8.2 million, respectively. Interest expense in the consolidated statements of operations for the three and six months ended March 31, 2015 included acquisition related financing expenses of $4.0 million and $72.0 million, respectively, which primarily consisted of a $55.6 million penalty from the prepayment of the Company’s unsecured senior notes.

Loss on disposal activities of $42.6 million in the accompanying statements of operations for the six months ended March 31, 2016 includes losses on the disposition of non-core energy related businesses, equipment and other assets acquired with URS and reported within the Construction Services segment. Net assets related to the loss on disposal activities were $112.8 million. Income from operations includes losses incurred by non-core businesses of $12.6 million during the six months ended March 31, 2016.

The changes in the carrying value of goodwill by reportable segment for the six months ended March 31, 2016 was as follows:

	September 30, 2015		Post- Acquisition Adjustments			Foreign Exchange Impact			Disposed			March 31, 2016
	(in millions)
Design and Consulting Services	$	3,163.3	$	(10.4	)	$	12.9		$	—		$	3,165.8
Construction Services	918.5		(18.6		)	1.6			(11.3		)	890.2
Management Services	1,738.9		—			(9.3		)	—			1,729.6

Total	$	5,820.7	$	(29.0	)	$	5.2		$	(11.3	)	$	5,785.6

The gross amounts and accumulated amortization of the Company’s acquired identifiable intangible assets with finite useful lives as of March 31, 2016 and September 30, 2015, included in intangible assets—net, in the accompanying consolidated balance sheets, were as follows:

	March 31, 2016							September 30, 2015
	Gross Amount		Accumulated Amortization			Intangible Assets, Net		Gross Amount		Accumulated Amortization			Intangible Assets, Net		Amortization Period
	(in millions)														(years)
Backlog and customer relationships	$	1,226.6	$	(693.9	)	$	532.7	$	1,224.7	$	(565.3	)	$	659.4	1 – 11
Trademark / tradename	16.4		(16.4		)	—		16.4		(16.4		)	—		0.3 – 2

Total	$	1,243.0	$	(710.3	)	$	532.7	$	1,241.1	$	(581.7	)	$	659.4

Amortization expense of acquired intangible assets included within cost of revenue was $128.6 million and $208.1 million for the six months ended March 31, 2016 and 2015, respectively. The following table presents estimated amortization expense of intangible assets for the remainder of fiscal 2016 and for the succeeding years:

Fiscal Year	(in millions)
2016 (six months remaining)	$	67.5
2017	94.3
2018	79.9
2019	74.5
2020	62.1
Thereafter	154.4

Total	$	532.7

Accounts Receivable-Net

6 Months Ended

Mar. 31, 2016

Accounts Receivable-Net

Accounts Receivable-Net

4.Accounts Receivable—Net

Net accounts receivable consisted of the following:

	March 31, 2016			September 30, 2015
	(in millions)
Billed	$	2,376.5		$	2,426.2
Unbilled	2,062.1			2,099.8
Contract retentions	427.8			379.6

Total accounts receivable—gross	4,866.4			4,905.6
Allowance for doubtful accounts	(65.2		)	(64.1		)

Total accounts receivable—net	$	4,801.2		$	4,841.5

Billed accounts receivable represents amounts billed to clients that have yet to be collected. Unbilled accounts receivable represents contract revenue recognized but not yet billed pursuant to contract terms or accounts billed after the period end. Substantially all unbilled receivables as of March 31, 2016 and September 30, 2015 are expected to be billed and collected within twelve months. Contract retentions represent amounts invoiced to clients where payments have been withheld pending the completion of certain milestones, or other contractual conditions, or upon the completion of a project. These retention agreements vary from project to project and could be outstanding for several months or years.

Allowances for doubtful accounts have been determined through specific identification of amounts considered to be uncollectible and potential write-offs, plus a non-specific allowance for other amounts for which some potential loss has been determined to be probable based on current and past experience.

Other than the U.S. government, no single client accounted for more than 10% of the Company’s outstanding receivables at March 31, 2016 and September 30, 2015.

The Company sold trade receivables to financial institutions, of which $252.1 million and $240.8 million were outstanding as of March 31, 2016 and September 30, 2015, respectively. The Company does not retain financial or legal obligations for these receivables that would result in material losses. The Company’s ongoing involvement is limited to the remittance of customer payments to the financial institutions with respect to the sold trade receivables.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Joint Ventures and Variable Interest Entities

6 Months Ended

Mar. 31, 2016

Joint Ventures and Variable Interest Entities

Joint Ventures and Variable Interest Entities

5.Joint Ventures and Variable Interest Entities

The Company’s joint ventures provide architecture, engineering, program management, construction management and operations and maintenance services. Joint ventures, the combination of two or more partners, are generally formed for a specific project. Management of the joint venture is typically controlled by a joint venture executive committee, comprised of representatives from the joint venture partners. The joint venture executive committee normally provides management oversight and controls decisions which could have a significant impact on the joint venture.

Some of the Company’s joint ventures have no employees and minimal operating expenses. For these joint ventures, the Company’s employees perform work for the joint venture, which is then billed to a third-party customer by the joint venture. These joint ventures function as pass through entities to bill the third-party customer. For consolidated joint ventures of this type, the Company records the entire amount of the services performed and the costs associated with these services, including the services provided by the other joint venture partners, in the Company’s result of operations. For certain of these joint ventures where a fee is added by an unconsolidated joint venture to client billings, the Company’s portion of that fee is recorded in equity in earnings of joint ventures.

The Company also has joint ventures that have their own employees and operating expenses, and to which the Company generally makes a capital contribution. The Company accounts for these joint ventures either as consolidated entities or equity method investments based on the criteria further discussed below.

The Company follows guidance issued by the FASB on the consolidation of variable interest entities (VIEs) that requires companies to utilize a qualitative approach to determine whether it is the primary beneficiary of a VIE. The process for identifying the primary beneficiary of a VIE requires consideration of the factors that indicate a party has the power to direct the activities that most significantly impact the joint venture’s economic performance, including powers granted to the joint venture’s program manager, powers contained in the joint venture governing board and, to a certain extent, a company’s economic interest in the joint venture. The Company analyzes its joint ventures and classifies them as either:

a VIE that must be consolidated because the Company is the primary beneficiary or the joint venture is not a VIE and the Company holds the majority voting interest with no significant participative rights available to the other partners; or

a VIE that does not require consolidation and is treated as an equity method investment because the Company is not the primary beneficiary or the joint venture is not a VIE and the Company does not hold the majority voting interest.

As part of the above analysis, if it is determined that the Company has the power to direct the activities that most significantly impact the joint venture’s economic performance, the Company considers whether or not it has the obligation to absorb losses or rights to receive benefits of the VIE that could potentially be significant to the VIE.

Contractually required support provided to the Company’s joint ventures is further discussed in Note 14.

Summary of unaudited financial information of the consolidated joint ventures is as follows:

	March 31, 2016		September 30, 2015
	(in millions)
Current assets	$	721.1	$	727.8
Non-current assets	288.2		282.8

Total assets	$	1,009.3	$	1,010.6


Current liabilities	$	445.1	$	441.5
Non-current liabilities	12.4		0.2

Total liabilities	457.5		441.7

Total AECOM equity	354.0		354.7
Noncontrolling interests	197.8		214.2

Total owners’ equity	551.8		568.9

Total liabilities and owners’ equity	$	1,009.3	$	1,010.6

Total revenue of the consolidated joint ventures was $997.0 million and $1,188.9 million for the six months ended March 31, 2016 and 2015, respectively. The assets of the Company’s consolidated joint ventures are restricted for use only by the particular joint venture and are not available for the general operations of the Company.

Summary of unaudited financial information of the unconsolidated joint ventures is as follows:

	March 31, 2016		September 30, 2015
	(in millions)
Current assets	$	1,358.9	$	1,200.7
Non-current assets	527.3		527.3

Total assets	$	1,886.2	$	1,728.0


Current liabilities	$	1,040.3	$	936.7
Non-current liabilities	120.5		87.0

Total liabilities	1,160.8		1,023.7

Joint ventures’ equity	725.4		704.3

Total liabilities and joint ventures’ equity	$	1,886.2	$	1,728.0


AECOM’s investment in joint ventures	$	347.1	$	321.6

	Six Months Ended
	March 31, 2016		March 31, 2015
	(in millions)
Revenue	$	2,458.8	$	2,175.6
Cost of revenue	2,312.9		2,059.0

Gross profit	$	145.9	$	116.6

Net income	$	129.2	$	104.2

Summary of AECOM’s equity in earnings of unconsolidated joint ventures is as follows:

	Six Months Ended
	March 31, 2016		March 31, 2015
	(in millions)
Pass through joint ventures	$	8.6	$	13.4
Other joint ventures	55.7		35.2

Total	$	64.3	$	48.6

Pension Benefit Obligations

6 Months Ended

Mar. 31, 2016

Pension Benefit Obligations

Pension Benefit Obligations

6.Pension Benefit Obligations

In the U.S., the Company sponsors various qualified defined benefit pension plans. The legacy AECOM defined benefit plan covers substantially all permanent AECOM employees hired as of March 1, 1998. The other recently acquired plans cover employees of URS and the Hunt Corporation at the time of their acquisition. Benefits under these plans generally are based on the employee’s years of creditable service and compensation. All defined benefit plans are closed to new participants and all defined benefit plans have frozen accruals as of March 31, 2016. The Company adopted an amendment to freeze benefits under the URS Federal Services, Inc. Employees Retirement Plan during the three months ended December 31, 2015, which resulted in the curtailment gain listed below.

The Company also sponsors various non-qualified plans in the U.S.; all of these plans are frozen. Outside the U.S., the Company sponsors various pension plans, which are appropriate to the country in which the Company operates, some of which are government mandated.

The following table details the components of net periodic cost for the Company’s pension plans for the three and six months ended March 31, 2016 and 2015:

	Three Months Ended												Six Months Ended
	March 31, 2016						March 31, 2015						March 31, 2016						March 31, 2015
	U.S.			Int’l			U.S.			Int’l			U.S.			Int’l			U.S.			Int’l
	(in millions)
Components of net periodic (benefit) cost:
Service costs	$	1.0		$	0.2		$	1.7		$	0.2		$	2.8		$	0.5		$	3.2		$	0.5
Interest cost on projected benefit obligation	5.4			9.8			7.2			11.6			11.1			20.3			13.6			22.9
Expected return on plan assets	(7.6		)	(12.0		)	(7.6		)	(12.2		)	(15.4		)	(24.8		)	(14.3		)	(24.1		)
Amortization of prior service cost	—			—			—			—			—			(0.1		)	—			(0.1		)
Amortization of net loss	1.0			1.4			1.1			1.5			2.0			2.8			2.2			3.0
Curtailment gain recognized	—			—			—			—			(6.8		)	—			—			—
Settlement (gain) loss recognized	—			—			—			—			(1.0		)	0.1			—			0.4

Net periodic (benefit) cost	$	(0.2	)	$	(0.6	)	$	2.4		$	1.1		$	(7.3	)	$	(1.2	)	$	4.7		$	2.6

The total amounts of employer contributions paid for the six months ended March 31, 2016 were $9.1 million for U.S. plans and $10.4 million for non-U.S. plans. The expected remaining scheduled annual employer contributions for the fiscal year ending September 30, 2016 are $5.8 million for U.S. plans and $10.5 million for non-U.S. plans.

Debt

6 Months Ended

Mar. 31, 2016

Debt

Debt

7.Debt

Debt consisted of the following:

	March 31, 2016			September 30, 2015
	(in millions)
2014 Credit Agreement	$	2,307.0		$	2,414.3
2014 Senior Notes	1,600.0			1,600.0
URS Senior Notes	428.6			429.4
Other debt	137.0			163.2

Total debt	4,472.6			4,606.9
Less: Current portion of debt and short-term borrowings	(342.5		)	(160.4		)

Long-term debt, less current portion	$	4,130.1		$	4,446.5

The following table presents, in millions, scheduled maturities of the Company’s debt as of March 31, 2016:

Fiscal Year (in millions)
2016 (six months remaining)	$	87.7
2017	347.4
2018	125.5
2019	115.8
2020	1,504.7
Thereafter	2,291.5

Total	$	4,472.6

2014 Credit Agreement

In connection with the acquisition of URS, on October 17, 2014, the Company entered into a credit agreement (Credit Agreement) consisting of (i) a term loan A facility in an aggregate principal amount of $1.925 billion, (ii) a term loan B facility in an aggregate principal amount of $0.76 billion, (iii) a revolving credit facility in an aggregate principal amount of $1.05 billion, and (iv) an incremental performance letter of credit facility in an aggregate principal amount of $500 million subject to terms outlined in the Credit Agreement. These facilities under the Credit Agreement may be increased by an additional amount of up to $500 million. The Credit Agreement replaced the Second Amended and Restated Credit Agreement, dated as of June 7, 2013, and the Fourth Amended and Restated Credit Agreement, dated as of January 29, 2014, which such prior facilities were terminated and repaid in full on October 17, 2014. In addition, the Company paid in full, including a pre-payment penalty of $55.6 million, its unsecured senior notes (5.43% Series A Notes due July 2020 and 1.00% Series B Senior Discount Notes due July 2022). The Credit Agreement matures on October 17, 2019 with respect to the revolving credit facility, the term loan A facility, and the incremental performance letter of credit facility. The term loan B facility matures on October 17, 2021. Certain subsidiaries of the Company (Guarantors) have guaranteed the obligations of the borrowers under the Credit Agreement. The borrowers’ obligations under the Credit Agreement are secured by a lien on substantially all of the assets of the Company and the Guarantors pursuant to a security and pledge agreement (Security Agreement). The collateral under the Security Agreement is subject to release upon fulfillment of certain conditions specified in the Credit Agreement and Security Agreement.

The Credit Agreement contains covenants that limit the Company’s ability and certain of its subsidiaries to, among other things: (i) create, incur, assume, or suffer to exist liens; (ii) incur or guarantee indebtedness; (iii) pay dividends or repurchase stock; (iv) enter into transactions with affiliates; (v) consummate asset sales, acquisitions or mergers; (vi) enter into certain types of burdensome agreements; or (vii) make investments.

On July 1, 2015, the Credit Agreement was amended to revise the definition of “Consolidated EBITDA” to increase the allowance for acquisition and integration expenses related to the acquisition of URS.

On December 22, 2015, the Credit Agreement was amended to revise the definition of “Consolidated EBITDA” by further increasing the allowance for acquisition and integration expenses related to the acquisition of URS and to allow for an internal corporate restructuring primarily involving the Company’s international subsidiaries.

Under the Credit Agreement, the Company is subject to a maximum consolidated leverage ratio and minimum interest coverage ratio at the end of each fiscal quarter beginning with the quarter ended on March 31, 2015. The Company’s Consolidated Leverage Ratio was 4.4 at March 31, 2016. As of March 31, 2016, the Company was in compliance with the covenants of the Credit Agreement.

At March 31, 2016 and September 30, 2015, outstanding standby letters of credit totaled $111.1 million and $92.5 million, respectively, under its revolving credit facilities. As of March 31, 2016 and September 30, 2015, the Company had $909.9 million and $947.6 million, respectively, available under its revolving credit facility.

2014 Senior Notes

On October 6, 2014, the Company completed a private placement offering of $800,000,000 aggregate principal amount of its 5.750% Senior Notes due 2022 (2022 Notes) and $800,000,000 aggregate principal amount of its 5.875% Senior Notes due 2024 (the 2024 Notes and, together with the 2022 Notes, the 2014 Senior Notes or Notes).

As of March 31, 2016, the estimated fair market value of the 2014 Senior Notes was approximately $820.0 million for the 2022 Notes and $820.0 million for the 2024 Notes. The fair value of the Notes as of March 31, 2016 was derived by taking the mid-point of the trading prices from an observable market input (Level 2) in the secondary bond market and multiplying it by the outstanding balance of its Notes.

At any time prior to October 15, 2017, the Company may redeem all or part of the 2022 Notes, at a redemption price equal to 100% of their principal amount, plus a “make whole” premium as of the redemption date, and accrued and unpaid interest (subject to the rights of holders of record on the relevant record date to receive interest due on the relevant interest payment date). In addition, at any time prior to October 15, 2017, the Company may redeem up to 35% of the original aggregate principal amount of the 2022 Notes with the proceeds of one or more equity offerings, at a redemption price equal to 105.750%, plus accrued and unpaid interest. Furthermore, at any time on or after October 15, 2017, the Company may redeem the 2022 Notes, in whole or in part, at once or over time, at the specified redemption prices plus accrued and unpaid interest thereon to the redemption date. At any time prior to July 15, 2024, the Company may redeem on one or more occasions all or part of the 2024 Notes at a redemption price equal to the sum of (i) 100% of the principal amount thereof, plus (ii) a “make-whole” premium as of the date of the redemption, plus any accrued and unpaid interest to the date of redemption. In addition, on or after July 15, 2024, the 2024 Notes may be redeemed at a redemption price of 100% of the principal amount thereof, plus accrued and unpaid interest to the date of redemption.

The indenture pursuant to which the 2014 Senior Notes were issued contains customary events of default, including, among other things, payment default, exchange default, failure to provide certain notices thereunder and certain provisions related to bankruptcy events. The indenture also contains customary negative covenants.

In connection with the offering of the Notes, the Company and the Guarantors entered into a Registration Rights Agreement, dated as of October 6, 2014 to exchange the Notes for registered notes having terms substantially identical in all material respects (except certain transfer restrictions, registration rights and additional interest provisions relating to the Notes will not apply to the registered notes). The Company filed an initial registration statement on Form S-4 with the SEC on July 6, 2015 that was declared effective by the SEC on September 29, 2015. On November 2, 2015, the Company completed its exchange offer which exchanged the Notes for the registered notes, as well as all related guarantees.

The Company was in compliance with the covenants relating to the Notes as of March 31, 2016.

URS Senior Notes

In connection with the URS acquisition, the Company assumed URS’s 3.85% Senior Notes due 2017 (2017 URS Senior Notes) and its 5.00% Senior Notes due 2022 (2022 URS Senior Notes), totaling $1.0 billion (URS Senior Notes). The URS acquisition triggered change in control provisions in the URS Senior Notes that allowed URS senior note holders to redeem their URS Senior Notes at a cash price equal to 101% of the principal amount and, accordingly, the Company redeemed $572.3 million of the URS Senior Notes on October 24, 2014. The URS Senior Notes are general unsecured senior obligations of AECOM Global II, LLC (as successor in interest to URS) and URS Fox US LP, and are fully and unconditionally guaranteed on a joint-and-several basis by certain former URS domestic subsidiary guarantors.

As of March 31, 2016, the estimated fair market value of the URS Senior Notes was approximately $177.9 million for the 2017 URS Senior Notes and $226.2 million for the 2022 URS Senior Notes. The carrying value of the URS Senior Notes on the Company’s Consolidated Balance Sheets as of March 31, 2016 was $181.1 million for the 2017 URS Senior Notes and $247.5 million for the 2022 URS Senior Notes. The fair value of the Company’s URS Senior Notes as of March 31, 2016 was derived by taking the mid-point of the trading prices from an observable market input (Level 2) in the secondary bond market and multiplying it by the outstanding balance of the URS Senior Notes.

As of March 31, 2016, the Company was in compliance with the covenants relating to the URS Senior Notes.

Other Debt

Other debt consists primarily of obligations under capital leases and loans, and unsecured credit facilities. The Company’s unsecured credit facilities are primarily used for standby letters of credit issued for payment of performance guarantees. At March 31, 2016 and September 30, 2015, these outstanding standby letters of credit totaled $373.2 million and $344.0 million, respectively. As of March 31, 2016, the Company had $500.9 million available under these unsecured credit facilities.

Effective Interest Rate

The Company’s average effective interest rate on its total debt, including the effects of the interest rate swap agreements, during the six months ended March 31, 2016 and 2015 was 4.3% and 4.1%, respectively.

Derivative Financial Instruments and Fair Value Measurements

6 Months Ended

Mar. 31, 2016

Derivative Financial Instruments and Fair Value Measurements

Derivative Financial Instruments and Fair Value Measurements

8.Derivative Financial Instruments and Fair Value Measurements

The Company uses certain interest rate derivative contracts to hedge interest rate exposures on the Company’s variable rate debt. The Company enters into foreign currency derivative contracts with financial institutions to reduce the risk that its cash flows and earnings will be adversely affected by foreign currency exchange rate fluctuations. The Company’s hedging program is not designated for trading or speculative purposes.

The Company recognizes derivative instruments as either assets or liabilities on the accompanying consolidated balance sheets at fair value. The Company records changes in the fair value (i.e., gains or losses) of the derivatives that have been designated as accounting hedges in the accompanying consolidated statements of operations as cost of revenue, interest expense or to accumulated other comprehensive loss in the accompanying consolidated balance sheets.

Cash Flow Hedges

The Company uses interest rate swap agreements designated as cash flow hedges to fix the variable interest rates on portions of the Company’s debt. The Company also uses foreign currency contracts designated as cash flow hedges to hedge forecasted revenue transactions denominated in currencies other than the U.S. dollar. The Company initially reports any gain on the effective portion of a cash flow hedge as a component of accumulated other comprehensive loss. Depending on the type of cash flow hedge, the gain is subsequently reclassified to either interest expense when the interest expense on the variable rate debt is recognized, or to cost of revenue when the hedged revenues are recorded. If the hedged transaction becomes probable of not occurring, any gain or loss related to interest rate swap agreements or foreign currency contracts would be recognized in other income (expense). Further, the Company excludes the change in the time value of the foreign currency contracts from the assessment of hedge effectiveness. The Company records the premium paid or time value of a contract on the date of purchase as an asset. Thereafter, the Company recognizes any change to this time value in cost of revenue.

The notional principal, fixed rates and related expiration dates of the Company’s outstanding interest rate swap agreements were as follows:

March 31, 2016
Notional Amount (in millions)		Fixed Rate		Expiration Date
$	300.0	1.63	%	June 2018
300.0		1.54	%	September 2018

September 30, 2015
Notional Amount (in millions)		Fixed Rate		Expiration Date
$	300.0	1.63	%	June 2018
300.0		1.54	%	September 2018

The notional principal of outstanding foreign currency forward contracts to purchase Australian dollars (AUD) with U.S. dollars was AUD 83.7 million (or approximately $62.3 million) and AUD 98.1 million (or $74.1 million) at March 31, 2016 and September 30, 2015, respectively.

Other Foreign Currency Forward Contracts

The Company uses foreign currency forward contracts which are not designated as accounting hedges to hedge intercompany transactions and other monetary assets or liabilities denominated in currencies other than the functional currency of a subsidiary. Gains and losses on these contracts were not material for the six months ended March 31, 2016 and 2015.

Fair Value Measurements

The Company’s non-pension financial assets and liabilities recorded at fair values relate to derivative instruments and were not material at March 31, 2016 or 2015.

See Note 13 for accumulated balances and reporting period activities of derivatives related to reclassifications out of accumulated other comprehensive income or loss for the six months ended March 31, 2016 and 2015. Amounts recognized in accumulated other comprehensive loss from the Company’s foreign currency contracts were immaterial for all periods presented. Amounts reclassified from accumulated other comprehensive loss into income from the foreign currency contracts were immaterial for all periods presented. Additionally, there were no losses recognized in income due to amounts excluded from effectiveness testing from the Company’s interest rate swap agreements.

During the year ended September 30, 2015 and 2014, the Company entered into two contingent consideration arrangements in connection with business acquisitions. Under the arrangements, the Company agreed to pay cash to the sellers if certain financial performance thresholds are achieved in the future. The fair value of the contingent consideration liability as of March 31, 2016 and September 30, 2015 was $39 million and $39 million, respectively, and is a Level 3 fair value measurement recorded within other accrued liabilities. It was valued based on estimated future net cash flows. After the initial recording of this liability as a part of purchase accounting, there were no material subsequent changes in fair value through March 31, 2016. Any future changes in the fair value of this contingent consideration liability will be recognized in earnings during the applicable period.

Share-based Payments

6 Months Ended

Mar. 31, 2016

Share-based Payments

Share-based Payments

9.Share-based Payments

The fair value of the Company’s employee stock option awards is estimated on the date of grant. The expected term of awards granted represents the period of time the awards are expected to be outstanding. The risk-free interest rate is based on U.S. Treasury bond rates with maturities equal to the expected term of the option on the grant date. The Company uses historical data as a basis to estimate the probability of forfeitures.

Stock option activity for the six months ended March 31 was as follows:

	2016				2015
	Shares of stock under options		Weighted average exercise price		Shares of stock under options		Weighted average exercise price
	(in millions)				(in millions)
Outstanding at September 30, prior year	1.3		$	28.26	1.6		$	27.69
Options granted	—		—		—		—
Options exercised	(0.2	)	23.36		(0.1	)	25.82
Options forfeited or expired	—		—		—		27.08

Outstanding at March 31	1.1		29.44		1.5		27.89


Vested and expected to vest in the future as of March 31	1.1		$	29.44	1.5		$	27.89

The Company grants stock units to employees under its Performance Earnings Program (PEP), whereby units are earned and issued dependent upon meeting established cumulative performance objectives and vesting over a three-year period. Additionally, the Company issues restricted stock units to employees which are earned based on service conditions. The grant date fair value of PEP awards and restricted stock unit awards is that day’s closing market price of the Company’s common stock. The weighted average grant date fair value of PEP awards were $29.92 and $32.32 during the six months ended March 31, 2016 and 2015, respectively. The weighted average grant date fair value of restricted stock unit awards were $29.80 and $31.02 during the six months ended March 31, 2016 and 2015, respectively. Included in the restricted stock unit grants during the six months ended March 31, 2015 were 2.6 million restricted stock units with a grant date fair value of $30.04 that were converted from unvested URS service based restricted stock awards assumed by the Company in connection with the acquisition of URS. Total compensation expense related to share-based payments was $42.0 million and $77.9 million during the six months ended March 31, 2016 and 2015, respectively. Included in total compensation expense during the six months ended March 31, 2015 was $43.9 million related to the settlement of accelerated URS equity awards with $17.6 million of Company stock and $26.3 million in cash, which was classified as acquisition and integration expense. Unrecognized compensation expense related to total share-based payments outstanding was $143.0 million and $115.5 million as of March 31, 2016 and September 30, 2015, respectively, to be recognized on a straight-line basis over the awards’ respective vesting periods which are generally three years.

Cash flow attributable to tax benefits resulting from tax deductions in excess of compensation cost recognized for those stock options (excess tax benefits) is classified as financing cash flows. Excess tax benefits of $3.3 million and $2.6 million for the six months ended March 31, 2016 and 2015, respectively, have been classified as financing cash inflows in the Consolidated Statements of Cash Flows.

Income Taxes	6 Months Ended
Income Taxes	Mar. 31, 2016
Income Taxes
Income Taxes	10.Income Taxes The Company’s effective tax rate from continuing operations was 14.8% and 47.4% for the six months ended March 31, 2016 and 2015, respectively. The most significant items contributing to the difference between the statutory U.S. federal income tax rate of 35% and the Company’s effective tax rate for the six-month period ended March 31, 2016 were the recognition of a discrete benefit of $12.3 million related to the retroactive extension of previously expired research and development credits enacted during the first quarter and other energy-related incentives, an $8.4 million benefit related to non-controlling interests, partially offset by the impact of current year losses primarily in Canada, South Africa, and India for which no tax benefit is expected due to valuation allowances of $3.9 million, and a $3.8 million discrete expense, net of related valuation allowance, due to the reduction in the United Kingdom statutory income tax rate during the first quarter. The Company’s effective tax rate from continuing operations was 15.5% and 137.3% for the three months ended March 31, 2016 and 2015, respectively. The most significant items contributing to the difference between the statutory U.S. federal income tax rate of 35% and the Company’s effective tax rate for the three-month period ended March 31, 2016 were the recognition of a benefit of $5.9 million related to research and development credits and other energy-related incentives and an $8.5 million benefit related to non-controlling interests. In the second quarter of 2016, the Company is utilizing the annual effective tax rate method under ASC 740 to compute its interim tax provision. The Company’s effective tax rate fluctuates from quarter to quarter due to various factors including the change in the mix of global income, outcomes of administrative audits, changes in the assessment of valuation allowances due to management’s consideration of new positive or negative evidence during the quarter, and changes in enacted tax laws and their interpretations which upon enactment include possible tax reform contemplated in the United States and other jurisdictions around the world arising from the result of the base erosion and profit shifting (BEPS) project undertaken by the Organisation for Economic Co-operation Development (OECD) which, if finalized and adopted, could have a material impact on the Company’s income tax expense and deferred tax balances. In the second quarter of fiscal 2015, the Company utilized the discrete-period method under ASC 740 to compute its interim income tax provision due to significant variations in the relationship between the income tax expense and the pre-tax loss. The discrete-period method is applied when the application of the estimated annual effective tax rate is impractical because it is not possible to reliably estimate the annual effective tax rate. The Company believes the outcomes which are reasonably possible within the next twelve months, including lapses in statutes of limitations, will not result in a material change in the liability for uncertain tax positions. Generally, the Company does not provide for U.S. taxes or foreign withholding taxes on undistributed earnings from non-U.S. subsidiaries because such earnings are able to and intended to be reinvested indefinitely. Determination of the amount of any unrecognized deferred income tax liability on this temporary difference is not practicable because of the complexities of the hypothetical calculation. The Company has a deferred tax liability in the amount of $97.3 million relating to certain foreign subsidiaries for which the undistributed earnings are not intended to be reinvested indefinitely as part of the liabilities assumed in connection with the acquisition of URS. In November 2015, the FASB issued new accounting guidance which simplifies the presentation of deferred income taxes. This guidance requires that deferred tax assets and liabilities be classified as noncurrent in the balance sheet. The Company has elected early adoption of this standard on a prospective basis in the first quarter of 2016. This resulted in a reclassification of the Company’s net current deferred tax asset and net current deferred tax liability to the net non-current deferred tax asset and to its net non-current deferred tax liability in the Company’s consolidated balance sheet as of December 31, 2015. No prior periods were retrospectively adjusted. The adoption of this guidance had no impact on the Company’s consolidated results of income or comprehensive income.

Earnings Per Share

6 Months Ended

Mar. 31, 2016

Earnings Per Share

Earnings Per Share

11.Earnings Per Share

Basic earnings per share (EPS) excludes dilution and is computed by dividing net income available for common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income attributable to AECOM by the weighted average number of common shares outstanding and potential common stock equivalent shares for the period. The Company includes as potential common shares the weighted average dilutive effects of outstanding stock options and restricted stock units using the treasury stock method. For the three and six months ended March 31, 2016 and for the three months ended March 31, 2015, options excluded from the calculation of potential common shares were not significant. The computation of diluted loss per share for the six months ended March 31, 2015 excludes 1.9 million of potential common shares due to their antidilutive effect.

The following table sets forth a reconciliation of the denominators for basic and diluted earnings per share:

	Three Months Ended		Six Months Ended
	March 31, 2016	March 31, 2015	March 31, 2016	March 31, 2015
	(in millions)
Denominator for basic earnings per share	154.3	151.1	154.0	146.5
Potential common shares	1.1	1.7	1.1	—

Denominator for diluted earnings per share	155.4	152.8	155.1	146.5

Other Financial Information

6 Months Ended

Mar. 31, 2016

Other Financial Information

Other Financial Information

12.Other Financial Information

Accrued expenses and other current liabilities consist of the following:

	March 31, 2016		September 30, 2015
	(in millions)
Accrued salaries and benefits	$	735.5	$	852.2
Accrued contract costs	1,260.7		993.1
Other accrued expenses	383.6		322.5

	$	2,379.8	$	2,167.8

Accrued contract costs above include professional liability accruals of $582.2 million as of March 31, 2016. The remaining accrued contract costs primarily relate to costs for services provided by subcontractors and other non-employees. Liabilities recorded related to accrued contract losses were not material as of March 31, 2016 and September 30, 2015. The Company did not have material revisions to estimates for contracts where revenue is recognized using the percentage-of-completion method during the six months ended March 31, 2016.

During the three months ended March 31, 2016 the Company recorded revenue and a noncurrent asset related to the expected accelerated recovery of a pension related entitlement from the federal government of approximately $45 million. The actual amount of reimbursement may vary from the Company’s expectation.

Reclassification out of Accumulated Other Comprehensive Loss

6 Months Ended

Mar. 31, 2016

Reclassifications out of Accumulated Other Comprehensive Loss

Reclassifications out of Accumulated Other Comprehensive Loss

13.Reclassifications out of Accumulated Other Comprehensive Loss

The accumulated balances and reporting period activities for the three and six months ended March 31, 2016 and 2015 related to reclassifications out of accumulated other comprehensive loss are summarized as follows (in millions):

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at December 31, 2015	$	(203.3	)	$	(516.2	)	$	(5.7	)	$	(725.2	)
Other comprehensive (loss) income before reclassification	4.9			67.9			(1.9		)	70.9
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	1.6			—			—			1.6
Cash flow hedge losses, net of tax	—			—			1.3			1.3

Balances at March 31, 2016	$	(196.8	)	$	(448.3	)	$	(6.3	)	$	(651.4	)

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at December 31, 2014	$	(209.0	)	$	(263.8	)	$	(2.9	)	$	(475.7	)
Other comprehensive income (loss) before reclassification	3.9			(108.8		)	(5.3		)	(110.2		)
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	1.8			—			—			1.8
Cash flow hedge losses, net of tax	—			—			1.2			1.2

Balances at March 31, 2015	$	(203.3	)	$	(372.6	)	$	(7.0	)	$	(582.9	)

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at September 30, 2015	$	(204.0	)	$	(420.1	)	$	(11.0	)	$	(635.1	)
Other comprehensive (loss) income before reclassification	3.9			(28.2		)	2.1			(22.2		)
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	3.3			—			—			3.3
Cash flow hedge losses, net of tax	—			—			2.6			2.6

Balances at March 31, 2016	$	(196.8	)	$	(448.3	)	$	(6.3	)	$	(651.4	)

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at September 30, 2014	$	(217.0	)	$	(137.8	)	$	(1.8	)	$	(356.6	)
Other comprehensive income (loss) before reclassification	10.1			(234.8		)	(6.8		)	(231.5		)
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	3.6			—			—			3.6
Cash flow hedge losses, net of tax	—			—			1.6			1.6

Balances at March 31, 2015	$	(203.3	)	$	(372.6	)	$	(7.0	)	$	(582.9	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
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-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Mar. 31, 2016
Commitments and Contingencies
Commitments and Contingencies	14.Commitments and Contingencies The Company records amounts representing its probable estimated liabilities relating to claims, guarantees, litigation, audits and investigations. The Company relies in part on qualified actuaries to assist it in determining the level of reserves to establish for insurance-related claims that are known and have been asserted against it, and for insurance-related claims that are believed to have been incurred based on actuarial analysis, but have not yet been reported to the Company’s claims administrators as of the respective balance sheet dates. The Company includes any adjustments to such insurance reserves in its consolidated results of operations. The Company’s reasonably possible loss disclosures are presented on a gross basis prior to the consideration of insurance recoveries. The Company does not record gain contingencies until they are realized. In the ordinary course of business, the Company may not be aware that it or its affiliates are under investigation and may not be aware of whether or not a known investigation has been concluded. In some instances, the Company guarantees that a project, when complete, will achieve specified performance standards. If the project subsequently fails to meet guaranteed performance standards, the Company may either incur additional costs or be held responsible for the costs incurred by the client to achieve the required performance standards. At March 31, 2016, the Company was contingently liable in the amount of approximately $484.3 million under standby letters of credit issued primarily in connection with general and professional liability insurance programs and for payment of performance guarantees. In the ordinary course of business, the Company and its affiliates may execute a guaranty agreement providing financial or performance assurances to clients, lenders, or partners on behalf of partnerships, joint ventures and other jointly executed contracts. These agreements are entered into primarily to support the project execution commitments of these entities. In addition, in connection with the investment activities of AECOM Capital, the Company provides guarantees of certain obligations, including guarantees for completion of projects, repayment of debt, environmental indemnity obligations and acts of willful misconduct. The guarantees have various expiration dates. The maximum potential payment amount of an outstanding performance guarantee is the remaining cost of work to be performed by or on behalf of third parties. Generally, under joint venture arrangements, if a partner is financially unable to complete its share of the contract, the other partner(s) may be required to complete those activities. DOE Deactivation, Demolition, and Removal Project Washington Group International, an Ohio company (WGI Ohio), an affiliate of URS, executed a cost-reimbursable task order with the Department of Energy (DOE) in 2007 to provide deactivation, demolition and removal services at a New York State project site that, during 2010, experienced contamination and performance issues and remains uncompleted. In February 2011, WGI Ohio and the DOE executed a Task Order Modification that changed some cost-reimbursable contract provisions to at-risk. The Task Order Modification, including subsequent amendments, requires the DOE to pay all project costs up to $106 million, requires WGI Ohio and the DOE to equally share in all project costs incurred from $106 million to $146 million, and requires WGI Ohio to pay all project costs exceeding $146 million. Due to unanticipated requirements and permitting delays by federal and state agencies, as well as delays and related ground stabilization activities caused by Hurricane Irene in 2011, WGI Ohio has been required to perform work outside the scope of the Task Order Modification. In December 2014, WGI Ohio submitted claims against the DOE pursuant to the Contracts Disputes Acts seeking recovery of $103 million, including additional fees on changed work scope. Due to significant delays and uncertainties about responsibilities for the scope of remaining work, final project completion costs and other associated costs may exceed $100 million over the contracted amounts. In addition, WGI Ohio assets and liabilities, including the value of the above costs and claims, were also measured at their fair value on October 17, 2014, the date AECOM acquired WGI Ohio’s parent company. See Note 3. WGI Ohio can provide no certainty that it will recover the DOE claims and fees submitted in December 2014, as well as any other project costs after December 2014 that WGI Ohio may be obligated to incur including the remaining project completion costs, which could have a material adverse effect on the Company’s results of operations. Canadian Pipeline Contract In January 2010, a pipeline owner filed an action in the Court of Queen’s Bench of Alberta, Canada against Flint Energy Services Ltd. (Flint), an affiliate of AECOM, as well as against a number of other defendants, alleging that the defendants negligently provided pipe coating and insulation system services, engineering, design services, construction services, and other work, causing damage to and abandonment of the line. The pipeline owner alleges it has suffered approximately C$45 million in damages in connection with the abandonment and replacement of the pipeline. Flint was the construction contractor on the pipeline project. Other defendants were responsible for engineering and design-services and for specifying and providing the actual pipe, insulation and coating materials used in the line. In January 2011, the pipeline owner served a Statement of Claim on Flint and, in September 2011, Flint filed a Statement of Defense denying that the damages to the coating system of the pipeline were caused by any negligence or breach of contract of Flint. In March 2016, Flint and the pipeline owner agreed to settle this matter. This settlement did not have a material impact on the Company’s financial results. AECOM Australia In 2005 and 2006, the Company’s main Australian subsidiary, AECOM Australia Pty Ltd (AECOM Australia), performed a traffic forecast assignment for a client consortium as part of the client’s project to design, build, finance and operate a tolled motorway tunnel in Australia. To fund the motorway’s design and construction, the client formed certain special purpose vehicles (SPVs) that raised approximately $700 million Australian dollars through an initial public offering (IPO) of equity units in 2006 and approximately an additional $1.4 billion Australian dollars in long term bank loans. The SPVs went into insolvency administrations in February 2011. KordaMentha, the receivers for the SPVs (the RCM Applicants), caused a lawsuit to be filed against AECOM Australia by the RCM Applicants in the Federal Court of Australia on May 14, 2012. Portigon AG (formerly WestLB AG), one of the lending banks to the SPVs, filed a lawsuit in the Federal Court of Australia against AECOM Australia on May 18, 2012. Separately, a class action lawsuit, which has been amended to include approximately 770 of the IPO investors, was filed against AECOM Australia in the Federal Court of Australia on May 31, 2012. All of the lawsuits claim damages that purportedly resulted from AECOM Australia’s role in connection with the above described traffic forecast. The class action applicants claim that they represent investors who acquired approximately $155 million Australian dollars of securities. On July 10, 2015, AECOM Australia, the RCM Applicants and Portigon AG entered into a Deed of Release settling the respective lawsuits for $205 million (U.S. dollars). This settlement did not have a material impact to the Company’s financial results. AECOM Australia disputes the claimed entitlements to damages asserted by the remaining class action lawsuit and will continue to defend this matter vigorously. AECOM Australia cannot provide assurance that it will be successful in these efforts. The potential range of loss in excess of the current accrual cannot be reasonably estimated at this time, primarily due to the fact that the matter involves unique and significant issues pertaining to the plaintiffs’ reliance on AECOM Australia’s reports, the quantum of damages that may be asserted against AECOM Australia, and numerous proportionate liability claims against the primary and third party defendants. DOE Hanford Nuclear Reservation URS Energy and Construction, Washington River Protection Solutions LLC and Washington Closure Hanford LLC, affiliates of AECOM, perform services under multiple contracts (including under the Waste Treatment Plant contract, the Tank Farm contract and the River Corridor contract) at the DOE’s Hanford nuclear reservation that have been subject to various government investigations or litigation: Waste Treatment Plant government investigation: The federal government is conducting an investigation into the Company’s affiliate, URS Energy & Construction, a subcontractor on the Waste Treatment Plant, regarding contractual compliance and various technical issues in the design, development and construction of the Waste Treatment Plant. Waste Treatment Plant whistleblower and employment claims: An employee filed an employment related claim with the Department of Labor against the Company’s affiliate, URS Energy & Construction, seeking restitution for alleged retaliation and wrongful termination. URS Energy & Construction settled the former employee claim in February 2016. This settlement did not have a material impact on the Company’s financial results. Tank Farms government investigation: The federal government is conducting an investigation regarding the time keeping of employees at the Company’s joint venture, Washington River Protection Solutions LLC, when the joint venture took over as the prime contractor from another federal contractor. River Corridor litigation: The federal government has partially intervened with a relator in a complaint filed in the Eastern District of Washington in December 2013 against the Company’s joint venture, Washington Closure Hanford LLC, alleging that its contracting procedures under the Small Business Act violated the False Claims Act. On October 2015, Washington Closure Hanford LLC’s motion to dismiss the claim was partially denied. URS Energy and Construction, Washington River Protection Solutions LLC and Washington Closure Hanford LLC dispute these investigations and claims and intend to continue to defend these matters vigorously; however, URS Energy and Construction, Washington River Protection Solutions LLC and Washington Closure Hanford LLC cannot provide assurances that they will be successful in these efforts. The potential range of loss in excess of the current accrual cannot be reasonably estimated at this time, primarily due to the fact that these matters involve complex and unique environmental and regulatory issues; each project site contains multiple parties, including various local, state and federal government agencies; conflicts of law between local, state and federal regulations; substantial uncertainty regarding any alleged damages; and the preliminary stage of the government investigations or litigation.

Reportable Segments

6 Months Ended

Mar. 31, 2016

Reportable Segments

Reportable Segments

15.Reportable Segments

The Company’s operations are organized into three reportable segments: Design and Consulting Services (DCS), Construction Services (CS), and Management Services (MS). The Company’s DCS reportable segment delivers planning, consulting, architectural, environmental, and engineering design services to commercial and government clients worldwide. The Company’s CS reportable segment provides construction services primarily in the Americas. The Company’s MS reportable segment provides program and facilities management and maintenance, training, logistics, consulting, and technical assistance and systems integration services, primarily for agencies of the U.S. government. These reportable segments are organized by the types of services provided, the differing specialized needs of the respective clients, and how the Company manages its business. The Company has aggregated various operating segments into its reportable segments based on their similar characteristics, including similar long term financial performance, the nature of services provided, internal processes for delivering those services, and types of customers.

The following tables set forth summarized financial information concerning the Company’s reportable segments:

Reportable Segments:	Design and Consulting Services			Construction Services			Management Services			Corporate			Total
	(in millions)
Three Months Ended March 31, 2016:
Revenue	$	1,966.2		$	1,546.2		$	868.8		$	—		$	4,381.2
Gross profit	97.2			5.8			80.4			—			183.4
Equity in earnings of joint ventures	2.2			2.8			34.1			—			39.1
General and administrative expenses	—			—			—			(29.5		)	(29.5		)
Acquisition and integration expenses	—			—			—			(50.7		)	(50.7		)
Loss on disposal activities	—			(1.6		)	—			—			(1.6		)
Operating income	99.4			7.0			114.5			(80.2		)	140.7

Gross profit as a % of revenue	4.9		%	0.4		%	9.3		%	—			4.2		%

Three Months Ended March 31, 2015:
Revenue	$	2,035.9		$	1,641.1		$	829.2		$	—		$	4,506.2
Gross profit	53.0			2.5			47.7			—			103.2
Equity in (loss) earnings of joint ventures	(1.4		)	4.7			21.4			—			24.7
General and administrative expenses	—			—			—			(29.8		)	(29.8		)
Acquisition and integration expenses	—			—			—			(91.6		)	(91.6		)
Operating income	51.6			7.2			69.1			(121.4		)	6.5

Gross profit as a % of revenue	2.6		%	0.2		%	5.8		%	—			2.3		%

Six Months Ended March 31, 2016:
Revenue	$	3,828.2		$	3,258.0		$	1,592.7		$	—		$	8,678.9
Gross profit	176.5			18.7			129.1			—			324.3
Equity in earnings of joint ventures	5.2			5.4			53.7			—			64.3
General and administrative expenses	—			—			—			(58.2		)	(58.2		)
Acquisition and integration expenses	—			—			—			(91.7		)	(91.7		)
Loss on disposal activities	—			(42.6		)	—			—			(42.6		)
Operating income	181.7			(18.5		)	182.8			(149.9		)	196.1

Gross profit as a % of revenue	4.6		%	0.6		%	8.1		%	—			3.7		%

Six Months Ended March 31, 2015:
Revenue	$	3,927.6		$	3,175.2		$	1,613.9		$	—		$	8,716.7
Gross profit	99.4			37.8			100.8			—			238.0
Equity in earnings of joint ventures	—			10.6			38.0			—			48.6
General and administrative expenses	—			—			—			(64.1		)	(64.1		)
Acquisition and integration expenses	—			—			—			(230.1		)	(230.1		)
Operating income	99.4			48.4			138.8			(294.2		)	(7.6		)

Gross profit as a % of revenue	2.5		%	1.2		%	6.2		%	—			2.7		%

Reportable Segments:	Design and Consulting Services		Construction Services		Management Services		Corporate		Total

Total assets
March 31, 2016	$	7,005.1	$	3,444.0	$	2,765.5	$	774.6	$	13,989.2
September 30, 2015	7,118.2		3,382.4		2,903.9		609.8		14,014.3

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Condensed Consolidating Financial Information

6 Months Ended

Mar. 31, 2016

Condensed Consolidating Financial Information

Condensed Consolidating Financial Information

16.Condensed Consolidating Financial Information

As discussed in Note 7, on October 6, 2014, AECOM issued $800.0 million aggregate principal amount of its 2022 Notes and $800.0 million aggregate principal amount of its 2024 Notes in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act). AECOM filed a Registration Statement on Form S-4 relating to the offer to exchange the Notes for new 5.75% Senior Notes due 2022 and 5.875% Senior Notes due 2024 that was declared effective by the SEC on September 29, 2015. The Notes are fully and unconditionally guaranteed on a joint and several basis by certain of AECOM’s directly and indirectly 100% owned subsidiaries (the Subsidiary Guarantors). Other than customary restrictions imposed by applicable statutes, there are no restrictions on the ability of the Subsidiary Guarantors to transfer funds to AECOM in the form of cash dividends, loans or advances.

In connection with the registration of the exchange offer, AECOM became subject to the requirements of Rule 3-10 of Regulation S-X regarding financial statements of guarantors and issuers of guaranteed securities registered or being registered with the Securities and Exchange Commission. The following condensed consolidating financial information, which is presented for AECOM, the Subsidiary Guarantors on a combined basis and AECOM’s non-guarantor subsidiaries on a combined basis, is provided to satisfy the disclosure requirements of Rule 3-10 of Regulation S-X.

Condensed Consolidating Balance Sheets

(unaudited — in millions)

March 31, 2016

	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total
ASSETS
CURRENT ASSETS:
Total cash and cash equivalents	$	1.8	$	145.8	$	522.2	$	—		$	669.8
Accounts receivable - net	—		2,145.0		2,656.2		—			4,801.2
Intercompany receivable	815.7		110.9		134.7		(1,061.3		)	—
Prepaid expenses and other current assets	129.5		345.4		296.5		—			771.4
Income taxes receivable	9.2		—		34.3		—			43.5

TOTAL CURRENT ASSETS	956.2		2,747.1		3,643.9		(1,061.3		)	6,285.9
PROPERTY AND EQUIPMENT - NET	115.1		230.2		251.6		—			596.9
DEFERRED TAX ASSETS - NET	88.4		41.4		48.5		(51.5		)	126.8
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	6,586.7		1,139.5		69.9		(7,796.1		)	—
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	0.8		50.8		295.5		—			347.1
GOODWILL	—		3,290.2		2,495.4		—			5,785.6
INTANGIBLE ASSETS - NET	—		376.2		156.5		—			532.7
OTHER NON - CURRENT ASSETS	79.3		67.2		167.7		—			314.2

TOTAL ASSETS	$	7,826.5	$	7,942.6	$	7,129.0	$	(8,908.9	)	$	13,989.2


LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short-term debt	$	4.0	$	—	$	6.5	$	—		$	10.5
Accounts payable	31.2		907.8		953.5		—			1,892.5
Accrued expenses and other current liabilities	229.5		1,122.6		1,027.7		—			2,379.8
Intercompany payable	99.2		901.0		217.8		(1,218.0		)	—
Billings in excess of costs on uncompleted contracts	—		228.3		417.4		—			645.7
Current portion of long-term debt	105.3		203.4		23.3		—			332.0

TOTAL CURRENT LIABILITIES	469.2		3,363.1		2,646.2		(1,218.0		)	5,260.5
OTHER LONG-TERM LIABILITIES	102.9		323.2		475.6		—			901.7
DEFERRED TAX LIABILITY - NET	—		—		84.1		(51.5		)	32.6
NOTE PAYABLE INTERCOMPANY - NON CURRENT	—		—		657.1		(657.1		)	—
LONG-TERM DEBT	3,805.9		292.2		32.0		—			4,130.1

TOTAL LIABILITIES	4,378.0		3,978.5		3,895.0		(1,926.6		)	10,324.9
TOTAL AECOM STOCKHOLDERS’ EQUITY	3,448.5		3,964.1		3,028.1		(6,982.3		)	3,458.4
Noncontrolling interests	—		—		205.9		—			205.9

TOTAL STOCKHOLDERS’ EQUITY	3,448.5		3,964.1		3,234.0		(6,982.3		)	3,664.3

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	7,826.5	$	7,942.6	$	7,129.0	$	(8,908.9	)	$	13,989.2

Condensed Consolidating Balance Sheets

(in millions)

September 30, 2015

	Parent		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations			Total
ASSETS
CURRENT ASSETS:
Total cash and cash equivalents	$	1.3	$	162.5	$	520.1	$	—		$	683.9
Accounts receivable—net	—		2,165.5		2,675.9		—			4,841.4
Intercompany receivable	771.3		187.3		262.7		(1,221.3		)	—
Prepaid expenses and other current assets	36.7		127.4		224.9		—			389.0
Income taxes receivable	68.7		—		12.5		—			81.2
Deferred tax assets—net	36.6		—		276.9		(62.9		)	250.6

TOTAL CURRENT ASSETS	914.6		2,642.7		3,973.0		(1,284.2		)	6,246.1
PROPERTY AND EQUIPMENT—NET	93.4		240.0		365.9		—			699.3
DEFERRED TAX ASSETS—NET	27.1		—		7.3		(34.4		)	—
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	6,739.4		1,343.7		67.4		(8,150.5		)	—
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	0.8		73.4		247.4		—			321.6
GOODWILL	—		3,291.1		2,529.6		—			5,820.7
INTANGIBLE ASSETS—NET	—		459.4		200.0		—			659.4
OTHER NON-CURRENT ASSETS	88.7		26.8		151.7		—			267.2

TOTAL ASSETS	$	7,864.0	$	8,077.1	$	7,542.3	$	(9,469.1	)	$	14,014.3


LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short-term debt	$	2.3	$	—	$	0.5	$	—		$	2.8
Accounts payable	28.0		834.1		991.9		—			1,854.0
Accrued expenses and other current liabilities	229.5		1,001.6		936.7		—			2,167.8
Intercompany payable	119.9		960.3		319.8		(1,400.0		)	—
Billings in excess of costs on uncompleted contracts	—		255.7		398.2		—			653.9
Deferred tax liability — net	—		62.9		—		(62.9		)	—
Current portion of long-term debt	105.6		24.5		27.5		—			157.6

TOTAL CURRENT LIABILITIES	485.3		3,139.1		2,674.6		(1,462.9		)	4,836.1
OTHER LONG-TERM LIABILITIES	63.6		299.5		507.6		—			870.7
DEFERRED TAX LIABILITY — NET	—		122.6		141.9		(34.4		)	230.1
NOTE PAYABLE INTERCOMPANY—NON CURRENT	—		—		669.1		(669.1		)	—
LONG-TERM DEBT	3,914.0		482.7		49.8		—			4,446.5

TOTAL LIABILITIES	4,462.9		4,043.9		4,043.0		(2,166.4		)	10,383.4
TOTAL AECOM STOCKHOLDERS’ EQUITY	3,401.1		4,033.2		3,276.1		(7,302.7		)	3,407.7
Noncontrolling interests	—		—		223.2		—			223.2

TOTAL STOCKHOLDERS’ EQUITY	3,401.1		4,033.2		3,499.3		(7,302.7		)	3,630.9

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	7,864.0	$	8,077.1	$	7,542.3	$	(9,469.1	)	$	14,014.3

Condensed Consolidating Statements of Operations

(unaudited - in millions)

	For the three months ended March 31, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	2,357.7		$	2,032.4		$	(8.9	)	$	4,381.2

Cost of revenue	—			2,214.1			1,992.6			(8.9		)	4,197.8

Gross profit	—			143.6			39.8			—			183.4

Equity in earnings from subsidiaries	125.1			(19.8		)	0.8			(106.1		)	—
Equity in earnings of joint ventures	—			7.2			31.9			—			39.1
General and administrative expenses	(29.4		)	(0.1		)	—			—			(29.5		)
Acquisition and integration expenses	(50.7		)	—			—			—			(50.7		)
Loss on disposal activities	—			—			(1.6		)	—			(1.6		)

Income (loss) from operations	45.0			130.9			70.9			(106.1		)	140.7

Other income	2.2			8.9			(0.9		)	(9.4		)	0.8
Interest expense	(55.9		)	(5.4		)	(10.8		)	9.4			(62.7		)

(Loss) income before income tax (benefit) expense	(8.7		)	134.4			59.2			(106.1		)	78.8

Income tax (benefit) expense	(50.6		)	66.2			(4.3		)	0.9			12.2

Net income (loss)	41.9			68.2			63.5			(107.0		)	66.6
Noncontrolling interest in income of consolidated subsidiaries, net of tax	—			—			(24.7		)	—			(24.7		)

Net income (loss) attributable to AECOM	$	41.9		$	68.2		$	38.8		$	(107.0	)	$	41.9

	For the three months ended March 31, 2015
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	2,373.7		$	2,305.0		$	(172.5	)	$	4,506.2

Cost of revenue	—			2,330.5			2,245.0			(172.5		)	4,403.0

Gross profit	—			43.2			60.0			—			103.2

Equity in earnings from subsidiaries	94.4			(14.1		)	0.8			(81.1		)	—
Equity in earnings of joint ventures	—			10.3			14.4			—			24.7
General and administrative expenses	(28.1		)	(1.7		)	—			—			(29.8		)
Acquisition and integration expenses	(69.4		)	(22.2		)	—			—			(91.6		)

(Loss) income from operations	(3.1		)	15.5			75.2			(81.1		)	6.5

Other income	—			9.1			(0.9		)	(9.2		)	(1.0		)
Interest expense	(52.3		)	(4.8		)	(12.8		)	9.2			(60.7		)

(Loss) income before income tax (benefit) expense	(55.4		)	19.8			61.5			(81.1		)	(55.2		)

Income tax (benefit) expense	(55.6		)	14.7			29.3			(64.2		)	(75.8		)

Net income (loss)	0.2			5.1			32.2			(16.9		)	20.6
Noncontrolling interests in income of consolidated subsidiaries, net of tax	—			—			(20.3		)	—			(20.3		)

Net income (loss) attributable to AECOM	$	0.2		$	5.1		$	11.9		$	(16.9	)	$	0.3

Condensed Consolidating Statements of Operations

(unaudited - in millions)

	For the six months ended March 31, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	4,594.0		$	4,126.6		$	(41.7	)	$	8,678.9

Cost of revenue	—			4,396.6			3,999.7			(41.7		)	8,354.6

Gross profit	—			197.4			126.9			—			324.3

Equity in earnings from subsidiaries	180.0			(60.1		)	1.6			(121.5		)	—
Equity in earnings of joint ventures	—			11.7			52.6			—			64.3
General and administrative expenses	(57.0		)	(1.2		)	—			—			(58.2		)
Acquisition and integration expenses	(91.7		)	—			—			—			(91.7		)
Loss on disposal activities	—			—			(42.6		)	—			(42.6		)

Income (loss) from operations	31.3			147.8			138.5			(121.5		)	196.1

Other income	3.0			17.8			1.6			(18.6		)	3.8
Interest expense	(109.2		)	(11.1		)	(20.5		)	18.6			(122.2		)

(Loss) income before income tax (benefit) expense	(74.9		)	154.5			119.6			(121.5		)	77.7

Income tax (benefit) expense	(96.4		)	84.3			9.9			13.7			11.5

Net income (loss)	21.5			70.2			109.7			(135.2		)	66.2
Noncontrolling interest in income of consolidated subsidiaries, net of tax	—			—			(44.7		)	—			(44.7		)

Net income (loss) attributable to AECOM	$	21.5		$	70.2		$	65.0		$	(135.2	)	$	21.5

	For the six months ended March 31, 2015
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	4,410.4		$	4,573.6		$	(267.3	)	$	8,716.7

Cost of revenue	—			4,286.9			4,459.1			(267.3		)	8,478.7

Gross profit	—			123.5			114.5			—			238.0

Equity in earnings from subsidiaries	120.0			(13.5		)	2.2			(108.7		)	—
Equity in earnings of joint ventures	—			8.3			40.3			—			48.6
General and administrative expenses	(61.1		)	(3.0		)	—			—			(64.1		)
Acquisition and integration expenses	(185.3		)	(44.8		)	—			—			(230.1		)

(Loss) income from operations	(126.4		)	70.5			157.0			(108.7		)	(7.6		)

Other income	0.9			17.6			—			(16.9		)	1.6
Interest expense	(165.7		)	(9.5		)	(21.1		)	16.9			(179.4		)

(Loss) income before income tax (benefit) expense	(291.2		)	78.6			135.9			(108.7		)	(185.4		)

Income tax (benefit) expense	(152.4		)	30.0			33.1			1.4			(87.9		)

Net (loss) income	(138.8		)	48.6			102.8			(110.1		)	(97.5		)
Noncontrolling interests in income of consolidated subsidiaries, net of tax	—			—			(41.2		)	—			(41.2		)

Net (loss) income attributable to AECOM	$	(138.8	)	$	48.6		$	61.6		$	(110.1	)	$	(138.7	)

Consolidating Statements of Comprehensive Income (Loss)

(unaudited - in millions)

	For the three months ended March 31, 2016
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	41.9		$	68.2	$	63.5		$	(107.0	)	$	66.6
Other comprehensive (loss) income, net of tax:
Net unrealized (loss) gain on derivatives, net of tax	(2.6		)	—		2.1			—			(0.5		)
Foreign currency translation adjustments	—			—		67.8			—			67.8
Pension adjustments, net of tax	0.6			—		5.9			—			6.5

Other comprehensive (loss) income, net of tax	(2.0		)	—		75.8			—			73.8

Comprehensive income (loss) net of tax	39.9			68.2		139.3			(107.0		)	140.4
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—			—		(24.8		)	—			(24.8		)

Comprehensive income (loss) attributable to AECOM, net of tax	$	39.9		$	68.2	$	114.5		$	(107.0	)	$	115.6

	For the three months ended March 31, 2015
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	0.2		$	5.1	$	32.2		$	(16.9	)	$	20.6
Other comprehensive (loss) income, net of tax:
Net unrealized loss on derivatives, net of tax	(4.2		)	—		—			—			(4.2		)
Foreign currency translation adjustments	—			—		(109.5		)	—			(109.5		)
Pension adjustments, net of tax	1.0			—		4.8			—			5.8

Other comprehensive loss, net of tax	(3.2		)	—		(104.7		)	—			(107.9		)

Comprehensive (loss) income, net of tax	(3.0		)	5.1		(72.5		)	(16.9		)	(87.3		)
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—			—		(19.6		)	—			(19.6		)

Comprehensive (loss) income attributable to AECOM, net of tax	$	(3.0	)	$	5.1	$	(92.1	)	$	(16.9	)	$	(106.9	)

Consolidating Statements of Comprehensive Income (Loss)

(unaudited - in millions)

	For the six months ended March 31, 2016
	Parent		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	21.5	$	70.2		$	109.7		$	(135.2	)	$	66.2
Other comprehensive income (loss), net of tax:
Net unrealized gain on derivatives, net of tax	1.3		—			3.5			—			4.8
Foreign currency translation adjustments	—		—			(29.9		)	—			(29.9		)
Pension adjustments, net of tax	1.2		(4.7		)	10.7			—			7.2

Other comprehensive income (loss), net of tax	2.5		(4.7		)	(15.7		)	—			(17.9		)

Comprehensive income (loss) net of tax	24.0		65.5			94.0			(135.2		)	48.3
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—		—			(43.1		)	—			(43.1		)

Comprehensive income (loss) attributable to AECOM, net of tax	$	24.0	$	65.5		$	50.9		$	(135.2	)	$	5.2

	For the six months ended March 31, 2015
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net (loss) income	$	(138.8	)	$	48.6	$	102.8		$	(110.1	)	$	(97.5	)
Other comprehensive (loss) income, net of tax:
Net unrealized loss on derivatives, net of tax	(5.2		)	—		—			—			(5.2		)
Foreign currency translation adjustments	—			—		(237.6		)	—			(237.6		)
Pension adjustments, net of tax	1.7			—		12.1			—			13.8

Other comprehensive loss, net of tax	(3.5		)	—		(225.5		)	—			(229.0		)

Comprehensive (loss) income, net of tax	(142.3		)	48.6		(122.7		)	(110.1		)	(326.5		)
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—			—		(38.5		)	—			(38.5		)

Comprehensive (loss) income attributable to AECOM, net of tax	$	(142.3	)	$	48.6	$	(161.2	)	$	(110.1	)	$	(365.0	)

Condensed Consolidating Statements of Cash Flows

(unaudited - in millions)

	For the six months ended March 31, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
CASH FLOWS FROM OPERATING ACTIVITIES	$	(322.5	)	$	374.0		$	139.7		$	—		$	191.2
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired	—			(1.0		)	—			—			(1.0		)
Proceeds from disposal of businesses and property	—			—			39.7			—			39.7
Net investment in unconsolidated joint ventures	—			(1.4		)	(44.2		)	—			(45.6		)
Net sales of investments	—			—			11.2			—			11.2
Payments for capital expenditures, net of disposals	(24.0		)	(23.5		)	16.5			—			(31.0		)
Net (investment in) receipts from intercompany notes	(3.2		)	48.5			(11.2		)	(34.1		)	—
Other intercompany investing activities	448.9			98.1			—			(547.0		)	—

Net cash provided by (used in) investing activities	421.7			120.7			12.0			(581.1		)	(26.7		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	2,316.5			—			6.2			—			2,322.7
Repayments of borrowings under credit agreements	(2,423.8		)	(10.8		)	(23.8		)	—			(2,458.4		)
Cash paid for debt and equity issuance costs	(1.5		)	—			—			—			(1.5		)
Proceeds from issuance of common stock	13.8			—			—			—			13.8
Proceeds from exercise of stock options	4.9			—			—			—			4.9
Payments to repurchase common stock	(18.1		)	—			—			—			(18.1		)
Excess tax benefit from share-based payment	3.3			—			—			—			3.3
Net distributions to noncontrolling interests	—			—			(60.5		)	—			(60.5		)
Other financing activities	5.0			(13.2		)	24.8			—			16.6
Net borrowings (repayments) on intercompany notes	1.2			10.0			(45.3		)	34.1			—
Other intercompany financing activities	—			(497.4		)	(49.6		)	547.0			—

Net cash used in financing activities	(98.7		)	(511.4		)	(148.2		)	581.1			(177.2		)

EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			(1.4		)	—			(1.4		)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	0.5			(16.7		)	2.1			—			(14.1		)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1.3			162.5			520.1			—			683.9

CASH AND CASH EQUIVALENTS AT END OF YEAR	$	1.8		$	145.8		$	522.2		$	—		$	669.8

	For the six months ended March 31, 2015
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
CASH FLOWS FROM OPERATING ACTIVITIES	$	(138.6	)	$	309.2		$	162.0		$	—		$	332.6
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired	(3,562.3		)	113.9			169.2			—			(3,279.2		)
Net investment in unconsolidated joint ventures	—			(1.2		)	(13.6		)	—			(14.8		)
Proceeds from sale of investments	—			—			0.6			—			0.6
Payments for capital expenditures, net of disposals	(30.4		)	(15.1		)	(10.1		)	—			(55.6		)
Net receipts from intercompany notes	61.1			—			—			(61.1		)	—
Other intercompany investing activities	508.6			128.2			—			(636.8		)	—

Net cash (used in) provided by investing activities	(3,023.0		)	225.8			146.1			(697.9		)	(3,349.0		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	4,674.7			4.4			86.4			—			4,765.5
Repayments of borrowings under credit agreements	(2,997.1		)	(11.3		)	(66.7		)	—			(3,075.1		)
Issuance of unsecured senior notes	1,600.0			—			—			—			1,600.0
Prepayment penalty on Unsecured Senior Notes	(55.6		)	—			—			—			(55.6		)
Cash paid for debt and equity issuance costs	(87.1		)	—			—			—			(87.1		)
Proceeds from issuance of common stock	8.7			—			—			—			8.7
Proceeds from exercise of stock options	4.5			—			—			—			4.5
Payments to repurchase common stock	(11.5		)	—			—			—			(11.5		)
Excess tax benefit from share-based payment	2.5			—			—			—			2.5
Net distributions to noncontrolling interests	—			—			(58.9		)	—			(58.9		)
Other financing activities	(8.3		)	(6.4		)	(4.5		)	—			(19.2		)
Net repayments on intercompany notes	—			—			(61.1		)	61.1			—
Other intercompany financing activities	—			(483.3		)	(153.5		)	636.8			—

Net cash provided by (used in) financing activities	3,130.8			(496.6		)	(258.3		)	697.9			3,073.8

EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			(19.0		)	—			(19.0		)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(30.8		)	38.4			30.8			—			38.4
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	33.4			85.8			455.0			—			574.2

CASH AND CASH EQUIVALENTS AT END OF YEAR	$	2.6		$	124.2		$	485.8		$	—		$	612.6

Business Acquisitions, Goodwill and Intangible Assets (Tables)

6 Months Ended

Mar. 31, 2016

Business Acquisitions, Goodwill and Intangible Assets

Schedule of estimated fair values of URS assets acquired and liabilities assumed, as of the acquisition dates

The following summarizes the estimated fair values of URS assets acquired and liabilities assumed (in millions), as of the acquisition date:

Cash and cash equivalents	$	284.9
Accounts receivable	2,512.8
Prepaid expenses and other current assets	421.0
Property and equipment	570.9
Identifiable intangible assets:
Customer relationships, contracts and backlog	969.2
Tradename	7.8

Total identifiable intangible assets	977.0
Goodwill	3,992.0
Other non-current assets	329.8
Accounts payable	(656.7		)
Accrued expenses and other current liabilities	(1,344.8		)
Billings in excess of costs on uncompleted contracts	(397.8		)
Current portion of long-term debt	(47.4		)
Other long-term liabilities	(393.6		)
Pension benefit obligations	(406.3		)
Long-term debt	(520.2		)
Noncontrolling interests	(201.0		)

Net assets acquired	$	5,120.6

Schedule of pro forma operating results

	Six Months Ended March 31, 2015
	(in millions)
Revenue	$	9,044
Income from operations	$	207
Net income	$	137
Net income attributable to AECOM	$	85

Net income attributable to AECOM per share:
Basic	$	0.56
Diluted	$	0.56

Schedule of acquisition and integration expenses

	Three months ended				Six months ended
	Mar 31, 2016		Mar 31, 2015		Mar 31, 2016		Mar 31, 2015
	(in millions)
Severance and personnel costs	$	5.4	$	42.2	$	12.0	$	151.5
Professional service, real estate-related, and other expenses	45.3		49.4		79.7		78.6

Total	$	50.7	$	91.6	$	91.7	$	230.1

Schedule of changes in the carrying value of goodwill by reportable segment

	September 30, 2015		Post- Acquisition Adjustments			Foreign Exchange Impact			Disposed			March 31, 2016
	(in millions)
Design and Consulting Services	$	3,163.3	$	(10.4	)	$	12.9		$	—		$	3,165.8
Construction Services	918.5		(18.6		)	1.6			(11.3		)	890.2
Management Services	1,738.9		—			(9.3		)	—			1,729.6

Total	$	5,820.7	$	(29.0	)	$	5.2		$	(11.3	)	$	5,785.6

Schedule of finite-lived intangible assets by major class

	March 31, 2016							September 30, 2015
	Gross Amount		Accumulated Amortization			Intangible Assets, Net		Gross Amount		Accumulated Amortization			Intangible Assets, Net		Amortization Period
	(in millions)														(years)
Backlog and customer relationships	$	1,226.6	$	(693.9	)	$	532.7	$	1,224.7	$	(565.3	)	$	659.4	1 – 11
Trademark / tradename	16.4		(16.4		)	—		16.4		(16.4		)	—		0.3 – 2

Total	$	1,243.0	$	(710.3	)	$	532.7	$	1,241.1	$	(581.7	)	$	659.4

Schedule of estimated future amortization expense of intangible assets

Fiscal Year	(in millions)
2016 (six months remaining)	$	67.5
2017	94.3
2018	79.9
2019	74.5
2020	62.1
Thereafter	154.4

Total	$	532.7

Accounts Receivable-Net (Tables)

6 Months Ended

Mar. 31, 2016

Accounts Receivable-Net

Schedule of net accounts receivable

	March 31, 2016			September 30, 2015
	(in millions)
Billed	$	2,376.5		$	2,426.2
Unbilled	2,062.1			2,099.8
Contract retentions	427.8			379.6

Total accounts receivable—gross	4,866.4			4,905.6
Allowance for doubtful accounts	(65.2		)	(64.1		)

Total accounts receivable—net	$	4,801.2		$	4,841.5

Joint Ventures and Variable Interest Entities (Tables)

6 Months Ended

Mar. 31, 2016

Joint Ventures and Variable Interest Entities

Summary of unaudited financial information of the consolidated joint ventures

	March 31, 2016		September 30, 2015
	(in millions)
Current assets	$	721.1	$	727.8
Non-current assets	288.2		282.8

Total assets	$	1,009.3	$	1,010.6


Current liabilities	$	445.1	$	441.5
Non-current liabilities	12.4		0.2

Total liabilities	457.5		441.7

Total AECOM equity	354.0		354.7
Noncontrolling interests	197.8		214.2

Total owners’ equity	551.8		568.9

Total liabilities and owners’ equity	$	1,009.3	$	1,010.6

Summary of unaudited financial information of the unconsolidated joint ventures

	March 31, 2016		September 30, 2015
	(in millions)
Current assets	$	1,358.9	$	1,200.7
Non-current assets	527.3		527.3

Total assets	$	1,886.2	$	1,728.0


Current liabilities	$	1,040.3	$	936.7
Non-current liabilities	120.5		87.0

Total liabilities	1,160.8		1,023.7

Joint ventures’ equity	725.4		704.3

Total liabilities and joint ventures’ equity	$	1,886.2	$	1,728.0


AECOM’s investment in joint ventures	$	347.1	$	321.6

	Six Months Ended
	March 31, 2016		March 31, 2015
	(in millions)
Revenue	$	2,458.8	$	2,175.6
Cost of revenue	2,312.9		2,059.0

Gross profit	$	145.9	$	116.6

Net income	$	129.2	$	104.2

Summary of AECOM's equity in earnings of unconsolidated joint ventures

	Six Months Ended
	March 31, 2016		March 31, 2015
	(in millions)
Pass through joint ventures	$	8.6	$	13.4
Other joint ventures	55.7		35.2

Total	$	64.3	$	48.6

Pension Benefit Obligations (Tables)

6 Months Ended

Mar. 31, 2016

Pension Benefit Obligations

Components of net periodic cost for the Company's pension and post-retirement plans

	Three Months Ended												Six Months Ended
	March 31, 2016						March 31, 2015						March 31, 2016						March 31, 2015
	U.S.			Int’l			U.S.			Int’l			U.S.			Int’l			U.S.			Int’l
	(in millions)
Components of net periodic (benefit) cost:
Service costs	$	1.0		$	0.2		$	1.7		$	0.2		$	2.8		$	0.5		$	3.2		$	0.5
Interest cost on projected benefit obligation	5.4			9.8			7.2			11.6			11.1			20.3			13.6			22.9
Expected return on plan assets	(7.6		)	(12.0		)	(7.6		)	(12.2		)	(15.4		)	(24.8		)	(14.3		)	(24.1		)
Amortization of prior service cost	—			—			—			—			—			(0.1		)	—			(0.1		)
Amortization of net loss	1.0			1.4			1.1			1.5			2.0			2.8			2.2			3.0
Curtailment gain recognized	—			—			—			—			(6.8		)	—			—			—
Settlement (gain) loss recognized	—			—			—			—			(1.0		)	0.1			—			0.4

Net periodic (benefit) cost	$	(0.2	)	$	(0.6	)	$	2.4		$	1.1		$	(7.3	)	$	(1.2	)	$	4.7		$	2.6

Debt (Tables)

6 Months Ended

Mar. 31, 2016

Debt

Schedule of debt

	March 31, 2016			September 30, 2015
	(in millions)
2014 Credit Agreement	$	2,307.0		$	2,414.3
2014 Senior Notes	1,600.0			1,600.0
URS Senior Notes	428.6			429.4
Other debt	137.0			163.2

Total debt	4,472.6			4,606.9
Less: Current portion of debt and short-term borrowings	(342.5		)	(160.4		)

Long-term debt, less current portion	$	4,130.1		$	4,446.5

Schedule of maturities of debt

The following table presents, in millions, scheduled maturities of the Company’s debt as of March 31, 2016:

Fiscal Year (in millions)
2016 (six months remaining)	$	87.7
2017	347.4
2018	125.5
2019	115.8
2020	1,504.7
Thereafter	2,291.5

Total	$	4,472.6

Derivative Financial Instruments and Fair Value Measurements (Tables)

6 Months Ended

Mar. 31, 2016

Derivative Financial Instruments and Fair Value Measurements

Notional principle, fixed rates and related expiration dates of outstanding interest rate swap agreements

March 31, 2016
Notional Amount (in millions)		Fixed Rate		Expiration Date
$	300.0	1.63	%	June 2018
300.0		1.54	%	September 2018

September 30, 2015
Notional Amount (in millions)		Fixed Rate		Expiration Date
$	300.0	1.63	%	June 2018
300.0		1.54	%	September 2018

Share-based payments (Tables)

6 Months Ended

Mar. 31, 2016

Share-based Payments

Schedule of stock option activity

	2016				2015
	Shares of stock under options		Weighted average exercise price		Shares of stock under options		Weighted average exercise price
	(in millions)				(in millions)
Outstanding at September 30, prior year	1.3		$	28.26	1.6		$	27.69
Options granted	—		—		—		—
Options exercised	(0.2	)	23.36		(0.1	)	25.82
Options forfeited or expired	—		—		—		27.08

Outstanding at March 31	1.1		29.44		1.5		27.89


Vested and expected to vest in the future as of March 31	1.1		$	29.44	1.5		$	27.89

Earnings Per Share (Tables)

6 Months Ended

Mar. 31, 2016

Earnings Per Share

Reconciliation of the denominators for basic and diluted EPS

	Three Months Ended		Six Months Ended
	March 31, 2016	March 31, 2015	March 31, 2016	March 31, 2015
	(in millions)
Denominator for basic earnings per share	154.3	151.1	154.0	146.5
Potential common shares	1.1	1.7	1.1	—

Denominator for diluted earnings per share	155.4	152.8	155.1	146.5

Other Financial Information (Tables)

6 Months Ended

Mar. 31, 2016

Other Financial Information

Schedule of accrued expenses and other current liabilities

	March 31, 2016		September 30, 2015
	(in millions)
Accrued salaries and benefits	$	735.5	$	852.2
Accrued contract costs	1,260.7		993.1
Other accrued expenses	383.6		322.5

	$	2,379.8	$	2,167.8

Reclassifications out of Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Mar. 31, 2016

Reclassifications out of Accumulated Other Comprehensive Loss

Schedule of accumulated balances and reporting period activities related to reclassifications out of accumulated other comprehensive loss

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at December 31, 2015	$	(203.3	)	$	(516.2	)	$	(5.7	)	$	(725.2	)
Other comprehensive (loss) income before reclassification	4.9			67.9			(1.9		)	70.9
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	1.6			—			—			1.6
Cash flow hedge losses, net of tax	—			—			1.3			1.3

Balances at March 31, 2016	$	(196.8	)	$	(448.3	)	$	(6.3	)	$	(651.4	)

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at December 31, 2014	$	(209.0	)	$	(263.8	)	$	(2.9	)	$	(475.7	)
Other comprehensive income (loss) before reclassification	3.9			(108.8		)	(5.3		)	(110.2		)
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	1.8			—			—			1.8
Cash flow hedge losses, net of tax	—			—			1.2			1.2

Balances at March 31, 2015	$	(203.3	)	$	(372.6	)	$	(7.0	)	$	(582.9	)

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at September 30, 2015	$	(204.0	)	$	(420.1	)	$	(11.0	)	$	(635.1	)
Other comprehensive (loss) income before reclassification	3.9			(28.2		)	2.1			(22.2		)
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	3.3			—			—			3.3
Cash flow hedge losses, net of tax	—			—			2.6			2.6

Balances at March 31, 2016	$	(196.8	)	$	(448.3	)	$	(6.3	)	$	(651.4	)

	Pension Related Adjustments			Foreign Currency Translation Adjustments			Loss on Derivative Instruments			Accumulated Other Comprehensive Loss
Balances at September 30, 2014	$	(217.0	)	$	(137.8	)	$	(1.8	)	$	(356.6	)
Other comprehensive income (loss) before reclassification	10.1			(234.8		)	(6.8		)	(231.5		)
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses, net of tax	3.6			—			—			3.6
Cash flow hedge losses, net of tax	—			—			1.6			1.6

Balances at March 31, 2015	$	(203.3	)	$	(372.6	)	$	(7.0	)	$	(582.9	)

Reportable Segments (Tables)

6 Months Ended

Mar. 31, 2016

Reportable Segments

Summarized financial information concerning the Company's reportable segments

Reportable Segments:	Design and Consulting Services			Construction Services			Management Services			Corporate			Total
	(in millions)
Three Months Ended March 31, 2016:
Revenue	$	1,966.2		$	1,546.2		$	868.8		$	—		$	4,381.2
Gross profit	97.2			5.8			80.4			—			183.4
Equity in earnings of joint ventures	2.2			2.8			34.1			—			39.1
General and administrative expenses	—			—			—			(29.5		)	(29.5		)
Acquisition and integration expenses	—			—			—			(50.7		)	(50.7		)
Loss on disposal activities	—			(1.6		)	—			—			(1.6		)
Operating income	99.4			7.0			114.5			(80.2		)	140.7

Gross profit as a % of revenue	4.9		%	0.4		%	9.3		%	—			4.2		%

Three Months Ended March 31, 2015:
Revenue	$	2,035.9		$	1,641.1		$	829.2		$	—		$	4,506.2
Gross profit	53.0			2.5			47.7			—			103.2
Equity in (loss) earnings of joint ventures	(1.4		)	4.7			21.4			—			24.7
General and administrative expenses	—			—			—			(29.8		)	(29.8		)
Acquisition and integration expenses	—			—			—			(91.6		)	(91.6		)
Operating income	51.6			7.2			69.1			(121.4		)	6.5

Gross profit as a % of revenue	2.6		%	0.2		%	5.8		%	—			2.3		%

Six Months Ended March 31, 2016:
Revenue	$	3,828.2		$	3,258.0		$	1,592.7		$	—		$	8,678.9
Gross profit	176.5			18.7			129.1			—			324.3
Equity in earnings of joint ventures	5.2			5.4			53.7			—			64.3
General and administrative expenses	—			—			—			(58.2		)	(58.2		)
Acquisition and integration expenses	—			—			—			(91.7		)	(91.7		)
Loss on disposal activities	—			(42.6		)	—			—			(42.6		)
Operating income	181.7			(18.5		)	182.8			(149.9		)	196.1

Gross profit as a % of revenue	4.6		%	0.6		%	8.1		%	—			3.7		%

Six Months Ended March 31, 2015:
Revenue	$	3,927.6		$	3,175.2		$	1,613.9		$	—		$	8,716.7
Gross profit	99.4			37.8			100.8			—			238.0
Equity in earnings of joint ventures	—			10.6			38.0			—			48.6
General and administrative expenses	—			—			—			(64.1		)	(64.1		)
Acquisition and integration expenses	—			—			—			(230.1		)	(230.1		)
Operating income	99.4			48.4			138.8			(294.2		)	(7.6		)

Gross profit as a % of revenue	2.5		%	1.2		%	6.2		%	—			2.7		%

Reportable Segments:	Design and Consulting Services		Construction Services		Management Services		Corporate		Total

Total assets
March 31, 2016	$	7,005.1	$	3,444.0	$	2,765.5	$	774.6	$	13,989.2
September 30, 2015	7,118.2		3,382.4		2,903.9		609.8		14,014.3

Condensed Consolidating Financial Information (Tables)

6 Months Ended

Mar. 31, 2016

Condensed Consolidating Financial Information

Schedule of Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheets

(unaudited — in millions)

March 31, 2016

	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total
ASSETS
CURRENT ASSETS:
Total cash and cash equivalents	$	1.8	$	145.8	$	522.2	$	—		$	669.8
Accounts receivable - net	—		2,145.0		2,656.2		—			4,801.2
Intercompany receivable	815.7		110.9		134.7		(1,061.3		)	—
Prepaid expenses and other current assets	129.5		345.4		296.5		—			771.4
Income taxes receivable	9.2		—		34.3		—			43.5

TOTAL CURRENT ASSETS	956.2		2,747.1		3,643.9		(1,061.3		)	6,285.9
PROPERTY AND EQUIPMENT - NET	115.1		230.2		251.6		—			596.9
DEFERRED TAX ASSETS - NET	88.4		41.4		48.5		(51.5		)	126.8
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	6,586.7		1,139.5		69.9		(7,796.1		)	—
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	0.8		50.8		295.5		—			347.1
GOODWILL	—		3,290.2		2,495.4		—			5,785.6
INTANGIBLE ASSETS - NET	—		376.2		156.5		—			532.7
OTHER NON - CURRENT ASSETS	79.3		67.2		167.7		—			314.2

TOTAL ASSETS	$	7,826.5	$	7,942.6	$	7,129.0	$	(8,908.9	)	$	13,989.2


LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short-term debt	$	4.0	$	—	$	6.5	$	—		$	10.5
Accounts payable	31.2		907.8		953.5		—			1,892.5
Accrued expenses and other current liabilities	229.5		1,122.6		1,027.7		—			2,379.8
Intercompany payable	99.2		901.0		217.8		(1,218.0		)	—
Billings in excess of costs on uncompleted contracts	—		228.3		417.4		—			645.7
Current portion of long-term debt	105.3		203.4		23.3		—			332.0

TOTAL CURRENT LIABILITIES	469.2		3,363.1		2,646.2		(1,218.0		)	5,260.5
OTHER LONG-TERM LIABILITIES	102.9		323.2		475.6		—			901.7
DEFERRED TAX LIABILITY - NET	—		—		84.1		(51.5		)	32.6
NOTE PAYABLE INTERCOMPANY - NON CURRENT	—		—		657.1		(657.1		)	—
LONG-TERM DEBT	3,805.9		292.2		32.0		—			4,130.1

TOTAL LIABILITIES	4,378.0		3,978.5		3,895.0		(1,926.6		)	10,324.9
TOTAL AECOM STOCKHOLDERS’ EQUITY	3,448.5		3,964.1		3,028.1		(6,982.3		)	3,458.4
Noncontrolling interests	—		—		205.9		—			205.9

TOTAL STOCKHOLDERS’ EQUITY	3,448.5		3,964.1		3,234.0		(6,982.3		)	3,664.3

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	7,826.5	$	7,942.6	$	7,129.0	$	(8,908.9	)	$	13,989.2

Condensed Consolidating Balance Sheets

(in millions)

September 30, 2015

	Parent		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations			Total
ASSETS
CURRENT ASSETS:
Total cash and cash equivalents	$	1.3	$	162.5	$	520.1	$	—		$	683.9
Accounts receivable—net	—		2,165.5		2,675.9		—			4,841.4
Intercompany receivable	771.3		187.3		262.7		(1,221.3		)	—
Prepaid expenses and other current assets	36.7		127.4		224.9		—			389.0
Income taxes receivable	68.7		—		12.5		—			81.2
Deferred tax assets—net	36.6		—		276.9		(62.9		)	250.6

TOTAL CURRENT ASSETS	914.6		2,642.7		3,973.0		(1,284.2		)	6,246.1
PROPERTY AND EQUIPMENT—NET	93.4		240.0		365.9		—			699.3
DEFERRED TAX ASSETS—NET	27.1		—		7.3		(34.4		)	—
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	6,739.4		1,343.7		67.4		(8,150.5		)	—
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	0.8		73.4		247.4		—			321.6
GOODWILL	—		3,291.1		2,529.6		—			5,820.7
INTANGIBLE ASSETS—NET	—		459.4		200.0		—			659.4
OTHER NON-CURRENT ASSETS	88.7		26.8		151.7		—			267.2

TOTAL ASSETS	$	7,864.0	$	8,077.1	$	7,542.3	$	(9,469.1	)	$	14,014.3


LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short-term debt	$	2.3	$	—	$	0.5	$	—		$	2.8
Accounts payable	28.0		834.1		991.9		—			1,854.0
Accrued expenses and other current liabilities	229.5		1,001.6		936.7		—			2,167.8
Intercompany payable	119.9		960.3		319.8		(1,400.0		)	—
Billings in excess of costs on uncompleted contracts	—		255.7		398.2		—			653.9
Deferred tax liability — net	—		62.9		—		(62.9		)	—
Current portion of long-term debt	105.6		24.5		27.5		—			157.6

TOTAL CURRENT LIABILITIES	485.3		3,139.1		2,674.6		(1,462.9		)	4,836.1
OTHER LONG-TERM LIABILITIES	63.6		299.5		507.6		—			870.7
DEFERRED TAX LIABILITY — NET	—		122.6		141.9		(34.4		)	230.1
NOTE PAYABLE INTERCOMPANY—NON CURRENT	—		—		669.1		(669.1		)	—
LONG-TERM DEBT	3,914.0		482.7		49.8		—			4,446.5

TOTAL LIABILITIES	4,462.9		4,043.9		4,043.0		(2,166.4		)	10,383.4
TOTAL AECOM STOCKHOLDERS’ EQUITY	3,401.1		4,033.2		3,276.1		(7,302.7		)	3,407.7
Noncontrolling interests	—		—		223.2		—			223.2

TOTAL STOCKHOLDERS’ EQUITY	3,401.1		4,033.2		3,499.3		(7,302.7		)	3,630.9

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	7,864.0	$	8,077.1	$	7,542.3	$	(9,469.1	)	$	14,014.3

Schedule of Condensed Consolidating Statements of Operations

Condensed Consolidating Statements of Operations

(unaudited - in millions)

	For the three months ended March 31, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	2,357.7		$	2,032.4		$	(8.9	)	$	4,381.2

Cost of revenue	—			2,214.1			1,992.6			(8.9		)	4,197.8

Gross profit	—			143.6			39.8			—			183.4

Equity in earnings from subsidiaries	125.1			(19.8		)	0.8			(106.1		)	—
Equity in earnings of joint ventures	—			7.2			31.9			—			39.1
General and administrative expenses	(29.4		)	(0.1		)	—			—			(29.5		)
Acquisition and integration expenses	(50.7		)	—			—			—			(50.7		)
Loss on disposal activities	—			—			(1.6		)	—			(1.6		)

Income (loss) from operations	45.0			130.9			70.9			(106.1		)	140.7

Other income	2.2			8.9			(0.9		)	(9.4		)	0.8
Interest expense	(55.9		)	(5.4		)	(10.8		)	9.4			(62.7		)

(Loss) income before income tax (benefit) expense	(8.7		)	134.4			59.2			(106.1		)	78.8

Income tax (benefit) expense	(50.6		)	66.2			(4.3		)	0.9			12.2

Net income (loss)	41.9			68.2			63.5			(107.0		)	66.6
Noncontrolling interest in income of consolidated subsidiaries, net of tax	—			—			(24.7		)	—			(24.7		)

Net income (loss) attributable to AECOM	$	41.9		$	68.2		$	38.8		$	(107.0	)	$	41.9

	For the three months ended March 31, 2015
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	2,373.7		$	2,305.0		$	(172.5	)	$	4,506.2

Cost of revenue	—			2,330.5			2,245.0			(172.5		)	4,403.0

Gross profit	—			43.2			60.0			—			103.2

Equity in earnings from subsidiaries	94.4			(14.1		)	0.8			(81.1		)	—
Equity in earnings of joint ventures	—			10.3			14.4			—			24.7
General and administrative expenses	(28.1		)	(1.7		)	—			—			(29.8		)
Acquisition and integration expenses	(69.4		)	(22.2		)	—			—			(91.6		)

(Loss) income from operations	(3.1		)	15.5			75.2			(81.1		)	6.5

Other income	—			9.1			(0.9		)	(9.2		)	(1.0		)
Interest expense	(52.3		)	(4.8		)	(12.8		)	9.2			(60.7		)

(Loss) income before income tax (benefit) expense	(55.4		)	19.8			61.5			(81.1		)	(55.2		)

Income tax (benefit) expense	(55.6		)	14.7			29.3			(64.2		)	(75.8		)

Net income (loss)	0.2			5.1			32.2			(16.9		)	20.6
Noncontrolling interests in income of consolidated subsidiaries, net of tax	—			—			(20.3		)	—			(20.3		)

Net income (loss) attributable to AECOM	$	0.2		$	5.1		$	11.9		$	(16.9	)	$	0.3

Condensed Consolidating Statements of Operations

(unaudited - in millions)

	For the six months ended March 31, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	4,594.0		$	4,126.6		$	(41.7	)	$	8,678.9

Cost of revenue	—			4,396.6			3,999.7			(41.7		)	8,354.6

Gross profit	—			197.4			126.9			—			324.3

Equity in earnings from subsidiaries	180.0			(60.1		)	1.6			(121.5		)	—
Equity in earnings of joint ventures	—			11.7			52.6			—			64.3
General and administrative expenses	(57.0		)	(1.2		)	—			—			(58.2		)
Acquisition and integration expenses	(91.7		)	—			—			—			(91.7		)
Loss on disposal activities	—			—			(42.6		)	—			(42.6		)

Income (loss) from operations	31.3			147.8			138.5			(121.5		)	196.1

Other income	3.0			17.8			1.6			(18.6		)	3.8
Interest expense	(109.2		)	(11.1		)	(20.5		)	18.6			(122.2		)

(Loss) income before income tax (benefit) expense	(74.9		)	154.5			119.6			(121.5		)	77.7

Income tax (benefit) expense	(96.4		)	84.3			9.9			13.7			11.5

Net income (loss)	21.5			70.2			109.7			(135.2		)	66.2
Noncontrolling interest in income of consolidated subsidiaries, net of tax	—			—			(44.7		)	—			(44.7		)

Net income (loss) attributable to AECOM	$	21.5		$	70.2		$	65.0		$	(135.2	)	$	21.5

	For the six months ended March 31, 2015
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenue	$	—		$	4,410.4		$	4,573.6		$	(267.3	)	$	8,716.7

Cost of revenue	—			4,286.9			4,459.1			(267.3		)	8,478.7

Gross profit	—			123.5			114.5			—			238.0

Equity in earnings from subsidiaries	120.0			(13.5		)	2.2			(108.7		)	—
Equity in earnings of joint ventures	—			8.3			40.3			—			48.6
General and administrative expenses	(61.1		)	(3.0		)	—			—			(64.1		)
Acquisition and integration expenses	(185.3		)	(44.8		)	—			—			(230.1		)

(Loss) income from operations	(126.4		)	70.5			157.0			(108.7		)	(7.6		)

Other income	0.9			17.6			—			(16.9		)	1.6
Interest expense	(165.7		)	(9.5		)	(21.1		)	16.9			(179.4		)

(Loss) income before income tax (benefit) expense	(291.2		)	78.6			135.9			(108.7		)	(185.4		)

Income tax (benefit) expense	(152.4		)	30.0			33.1			1.4			(87.9		)

Net (loss) income	(138.8		)	48.6			102.8			(110.1		)	(97.5		)
Noncontrolling interests in income of consolidated subsidiaries, net of tax	—			—			(41.2		)	—			(41.2		)

Net (loss) income attributable to AECOM	$	(138.8	)	$	48.6		$	61.6		$	(110.1	)	$	(138.7	)

Schedule of Consolidating Statements of Comprehensive Income (Loss)

Consolidating Statements of Comprehensive Income (Loss)

(unaudited - in millions)

	For the three months ended March 31, 2016
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	41.9		$	68.2	$	63.5		$	(107.0	)	$	66.6
Other comprehensive (loss) income, net of tax:
Net unrealized (loss) gain on derivatives, net of tax	(2.6		)	—		2.1			—			(0.5		)
Foreign currency translation adjustments	—			—		67.8			—			67.8
Pension adjustments, net of tax	0.6			—		5.9			—			6.5

Other comprehensive (loss) income, net of tax	(2.0		)	—		75.8			—			73.8

Comprehensive income (loss) net of tax	39.9			68.2		139.3			(107.0		)	140.4
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—			—		(24.8		)	—			(24.8		)

Comprehensive income (loss) attributable to AECOM, net of tax	$	39.9		$	68.2	$	114.5		$	(107.0	)	$	115.6

	For the three months ended March 31, 2015
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	0.2		$	5.1	$	32.2		$	(16.9	)	$	20.6
Other comprehensive (loss) income, net of tax:
Net unrealized loss on derivatives, net of tax	(4.2		)	—		—			—			(4.2		)
Foreign currency translation adjustments	—			—		(109.5		)	—			(109.5		)
Pension adjustments, net of tax	1.0			—		4.8			—			5.8

Other comprehensive loss, net of tax	(3.2		)	—		(104.7		)	—			(107.9		)

Comprehensive (loss) income, net of tax	(3.0		)	5.1		(72.5		)	(16.9		)	(87.3		)
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—			—		(19.6		)	—			(19.6		)

Comprehensive (loss) income attributable to AECOM, net of tax	$	(3.0	)	$	5.1	$	(92.1	)	$	(16.9	)	$	(106.9	)

Consolidating Statements of Comprehensive Income (Loss)

(unaudited - in millions)

	For the six months ended March 31, 2016
	Parent		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	21.5	$	70.2		$	109.7		$	(135.2	)	$	66.2
Other comprehensive income (loss), net of tax:
Net unrealized gain on derivatives, net of tax	1.3		—			3.5			—			4.8
Foreign currency translation adjustments	—		—			(29.9		)	—			(29.9		)
Pension adjustments, net of tax	1.2		(4.7		)	10.7			—			7.2

Other comprehensive income (loss), net of tax	2.5		(4.7		)	(15.7		)	—			(17.9		)

Comprehensive income (loss) net of tax	24.0		65.5			94.0			(135.2		)	48.3
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—		—			(43.1		)	—			(43.1		)

Comprehensive income (loss) attributable to AECOM, net of tax	$	24.0	$	65.5		$	50.9		$	(135.2	)	$	5.2

	For the six months ended March 31, 2015
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net (loss) income	$	(138.8	)	$	48.6	$	102.8		$	(110.1	)	$	(97.5	)
Other comprehensive (loss) income, net of tax:
Net unrealized loss on derivatives, net of tax	(5.2		)	—		—			—			(5.2		)
Foreign currency translation adjustments	—			—		(237.6		)	—			(237.6		)
Pension adjustments, net of tax	1.7			—		12.1			—			13.8

Other comprehensive loss, net of tax	(3.5		)	—		(225.5		)	—			(229.0		)

Comprehensive (loss) income, net of tax	(142.3		)	48.6		(122.7		)	(110.1		)	(326.5		)
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	—			—		(38.5		)	—			(38.5		)

Comprehensive (loss) income attributable to AECOM, net of tax	$	(142.3	)	$	48.6	$	(161.2	)	$	(110.1	)	$	(365.0	)

Schedule on Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statements of Cash Flows

(unaudited - in millions)

	For the six months ended March 31, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
CASH FLOWS FROM OPERATING ACTIVITIES	$	(322.5	)	$	374.0		$	139.7		$	—		$	191.2
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired	—			(1.0		)	—			—			(1.0		)
Proceeds from disposal of businesses and property	—			—			39.7			—			39.7
Net investment in unconsolidated joint ventures	—			(1.4		)	(44.2		)	—			(45.6		)
Net sales of investments	—			—			11.2			—			11.2
Payments for capital expenditures, net of disposals	(24.0		)	(23.5		)	16.5			—			(31.0		)
Net (investment in) receipts from intercompany notes	(3.2		)	48.5			(11.2		)	(34.1		)	—
Other intercompany investing activities	448.9			98.1			—			(547.0		)	—

Net cash provided by (used in) investing activities	421.7			120.7			12.0			(581.1		)	(26.7		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	2,316.5			—			6.2			—			2,322.7
Repayments of borrowings under credit agreements	(2,423.8		)	(10.8		)	(23.8		)	—			(2,458.4		)
Cash paid for debt and equity issuance costs	(1.5		)	—			—			—			(1.5		)
Proceeds from issuance of common stock	13.8			—			—			—			13.8
Proceeds from exercise of stock options	4.9			—			—			—			4.9
Payments to repurchase common stock	(18.1		)	—			—			—			(18.1		)
Excess tax benefit from share-based payment	3.3			—			—			—			3.3
Net distributions to noncontrolling interests	—			—			(60.5		)	—			(60.5		)
Other financing activities	5.0			(13.2		)	24.8			—			16.6
Net borrowings (repayments) on intercompany notes	1.2			10.0			(45.3		)	34.1			—
Other intercompany financing activities	—			(497.4		)	(49.6		)	547.0			—

Net cash used in financing activities	(98.7		)	(511.4		)	(148.2		)	581.1			(177.2		)

EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			(1.4		)	—			(1.4		)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	0.5			(16.7		)	2.1			—			(14.1		)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1.3			162.5			520.1			—			683.9

CASH AND CASH EQUIVALENTS AT END OF YEAR	$	1.8		$	145.8		$	522.2		$	—		$	669.8

	For the six months ended March 31, 2015
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
CASH FLOWS FROM OPERATING ACTIVITIES	$	(138.6	)	$	309.2		$	162.0		$	—		$	332.6
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired	(3,562.3		)	113.9			169.2			—			(3,279.2		)
Net investment in unconsolidated joint ventures	—			(1.2		)	(13.6		)	—			(14.8		)
Proceeds from sale of investments	—			—			0.6			—			0.6
Payments for capital expenditures, net of disposals	(30.4		)	(15.1		)	(10.1		)	—			(55.6		)
Net receipts from intercompany notes	61.1			—			—			(61.1		)	—
Other intercompany investing activities	508.6			128.2			—			(636.8		)	—

Net cash (used in) provided by investing activities	(3,023.0		)	225.8			146.1			(697.9		)	(3,349.0		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	4,674.7			4.4			86.4			—			4,765.5
Repayments of borrowings under credit agreements	(2,997.1		)	(11.3		)	(66.7		)	—			(3,075.1		)
Issuance of unsecured senior notes	1,600.0			—			—			—			1,600.0
Prepayment penalty on Unsecured Senior Notes	(55.6		)	—			—			—			(55.6		)
Cash paid for debt and equity issuance costs	(87.1		)	—			—			—			(87.1		)
Proceeds from issuance of common stock	8.7			—			—			—			8.7
Proceeds from exercise of stock options	4.5			—			—			—			4.5
Payments to repurchase common stock	(11.5		)	—			—			—			(11.5		)
Excess tax benefit from share-based payment	2.5			—			—			—			2.5
Net distributions to noncontrolling interests	—			—			(58.9		)	—			(58.9		)
Other financing activities	(8.3		)	(6.4		)	(4.5		)	—			(19.2		)
Net repayments on intercompany notes	—			—			(61.1		)	61.1			—
Other intercompany financing activities	—			(483.3		)	(153.5		)	636.8			—

Net cash provided by (used in) financing activities	3,130.8			(496.6		)	(258.3		)	697.9			3,073.8

EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			(19.0		)	—			(19.0		)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(30.8		)	38.4			30.8			—			38.4
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	33.4			85.8			455.0			—			574.2

CASH AND CASH EQUIVALENTS AT END OF YEAR	$	2.6		$	124.2		$	485.8		$	—		$	612.6

Basis of Presentation (Details)	6 Months Ended
Basis of Presentation (Details)	Mar. 31, 2016
Minimum
Length of fiscal year	364 days
Maximum
Length of fiscal year	371 days

Business Acquisitions, Goodwill and Intangible Assets (Details) - USD ($) $ / shares in Units, $ in Thousands				3 Months Ended		6 Months Ended
	Sep. 30, 2015	Oct. 24, 2014	Oct. 17, 2014	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Pro Forma Operating Results
Revenue							$ 9,044,000
Income from operations							207,000
Net income (loss)							137,000
Net income (loss) attributable to AECOM							85,000
Total				$ 50,711	$ 91,599	$ 91,749	$ 230,062
Loss on disposal activities				(1,536)		(42,589)
Net income (loss) attributable to AECOM per share:
Basic							$ 0.56
Diluted							$ 0.56
Trademark / tradename \| Minimum
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Useful life	3 months 18 days
Trademark / tradename \| Maximum
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Useful life	2 years
URS Corporation
Business Acquisition [Line Items]
Percentage of ownership acquired			100.00%
Consideration paid in cash			$ 2,300,000
Consideration paid by issuing stock			1,600,000
Senior notes assumed in acquisition as part of consideration			1,000,000
Repayment of acquiree term loan as part of consideration			600,000
Repayment of acquiree line of credit as part of consideration			100,000
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Cash and cash equivalents			284,900
Accounts receivable			2,512,800
Prepaid expenses and other current assets			421,000
Property and equipment			570,900
Total identifiable intangible assets			977,000
Goodwill			3,992,000
Other non-current assets			329,800
Accounts payable			(656,700)
Accrued expenses and other current liabilities			(1,344,800)
Billings in excess of cost on uncompleted contracts			(397,800)	(22,800)		$ (22,800)
Current portion of long-term debt			(47,400)
Other long-term liabilities			(393,600)
Pension benefit obligations			(406,300)
Long-term debt			(520,200)
Noncontrolling interests			(201,000)
Net assets acquired			5,120,600
Accrued expenses and other current liabilities			240,000
Fair value of margin liability			148,100
Years the remaining liability will be recognized						5 years
Years the majority liability will be recognized						2 years
Revenue and related income from operations				13,200	29,800	$ 28,400	$ 54,200
Pro Forma Operating Results
Amortization of intangible assets of acquiree since acquisition date				59,100	93,400	118,100	192,400
Fair value adjustment of joint ventures				6,500	9,700	16,300	17,800
Fair value adjustment of noncontrolling interests				(3,900)	(5,700)	(9,600)	(15,200)
Severance and personnel costs				5,400	42,200	12,000	151,500
Professional service, real estate-related, and other expenses				45,300	49,400	79,700	78,600
Total				50,700	91,600	91,700	230,100
Severance expense						12,000	63,400
Severance expense paid						11,600	21,200
Financing-related expenses				4,100	$ 4,000	8,200	72,000
Penalty from prepayment of unsecured senior notes							$ 55,600
URS Corporation \| Non-core
Pro Forma Operating Results
Losses incurred						12,600
Income from continuing operations of acquiree since acquisition date						(12,600)
Loss on disposal activities						(42,600)
Net assets related to the loss on disposal activities				$ 112,800		$ 112,800
URS Corporation \| Customer relationships, contracts and backlog
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Total identifiable intangible assets			$ 969,200
URS Corporation \| Customer relationships, contracts and backlog \| Minimum
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Useful life			1 year
URS Corporation \| Customer relationships, contracts and backlog \| Maximum
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Useful life			11 years
URS Corporation \| Customer relationships, contracts and backlog \| Weighted Average
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Useful life			3 years
URS Corporation \| Trade Name
Estimated fair values of the assets acquired and liabilities assumed, as of the acquisition dates, from acquisitions
Total identifiable intangible assets			$ 7,800
URS Corporation \| Senior Notes
Business Acquisition [Line Items]
Percentage price of original principal amount of note at which note can be redeemed		101.00%	101.00%
Amount of notes purchased		$ 572,300	$ 600,000

Business Acquisitions, Goodwill and Intangible Assets (Details 2) $ in Thousands	6 Months Ended
	Mar. 31, 2016 USD ($)
Changes in the carrying value of goodwill by reporting segment
Goodwill at the beginning of the period	$ 5,820,692
Post-Acquisition Adjustments	(29,000)
Foreign Exchange Impact	5,200
Disposed	(11,300)
Goodwill at the end of the period	5,785,619
Design and Consulting Services
Changes in the carrying value of goodwill by reporting segment
Goodwill at the beginning of the period	3,163,300
Post-Acquisition Adjustments	(10,400)
Foreign Exchange Impact	12,900
Goodwill at the end of the period	3,165,800
Construction Services
Changes in the carrying value of goodwill by reporting segment
Goodwill at the beginning of the period	918,500
Post-Acquisition Adjustments	(18,600)
Foreign Exchange Impact	1,600
Disposed	(11,300)
Goodwill at the end of the period	890,200
Management Services
Changes in the carrying value of goodwill by reporting segment
Goodwill at the beginning of the period	1,738,900
Foreign Exchange Impact	(9,300)
Goodwill at the end of the period	$ 1,729,600

Business Acquisitions, Goodwill and Intangible Assets (Details 3) - USD ($) $ in Thousands		6 Months Ended
	Sep. 30, 2015	Mar. 31, 2016	Mar. 31, 2015
Identifiable intangible assets with finite useful lives
Gross Amount	$ 1,241,100	$ 1,243,000
Accumulated Amortization	(581,700)	(710,300)
Intangible Assets, Net	659,438	532,700
Amortization expense		128,600	$ 208,100
Estimated amortization expense of intangible assets for the remainder of fiscal 2016 and for the succeeding years
2016 (nine months remaining)		67,500
2017		94,300
2018		79,900
2019		74,500
2020		62,100
Thereafter		154,400
Intangible Assets, Net	659,438	532,700
Backlog and customer relationships
Identifiable intangible assets with finite useful lives
Gross Amount	1,224,700	1,226,600
Accumulated Amortization	(565,300)	(693,900)
Intangible Assets, Net	659,400	532,700
Estimated amortization expense of intangible assets for the remainder of fiscal 2016 and for the succeeding years
Intangible Assets, Net	$ 659,400	532,700
Backlog and customer relationships \| Minimum
Identifiable intangible assets with finite useful lives
Amortization Period	1 year
Backlog and customer relationships \| Maximum
Identifiable intangible assets with finite useful lives
Amortization Period	11 years
Trademark / tradename
Identifiable intangible assets with finite useful lives
Gross Amount	$ 16,400	16,400
Accumulated Amortization	$ (16,400)	$ (16,400)
Trademark / tradename \| Minimum
Identifiable intangible assets with finite useful lives
Amortization Period	3 months 18 days
Trademark / tradename \| Maximum
Identifiable intangible assets with finite useful lives
Amortization Period	2 years

Accounts Receivable-Net (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
Accounts Receivable-Net (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015
Accounts Receivable-Net
Billed	$ 2,376,500	$ 2,426,200
Unbilled	2,062,100	2,099,800
Contract retentions	427,800	379,600
Total accounts receivable-gross	4,866,400	4,905,600
Allowance for doubtful accounts	(65,200)	(64,100)
Total accounts receivable-net	$ 4,801,196	$ 4,841,450
Period in which unbilled receivables are expected to be billed and collected	12 months	12 months
Total receivables sold that remain outstanding	$ 252,100	$ 240,800

Joint Ventures and Variable Interest Entities (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016 USD ($) item	Mar. 31, 2015 USD ($)	Mar. 31, 2016 USD ($) item	Mar. 31, 2015 USD ($)	Sep. 30, 2015 USD ($)
Financial information
Number of employees in some joint ventures \| item	0		0
Current assets	$ 6,285,936		$ 6,285,936		$ 6,246,085
TOTAL ASSETS	13,989,215		13,989,215		14,014,298
Current liabilities	5,260,488		5,260,488		4,836,052
TOTAL LIABILITIES	10,324,864		10,324,864		10,383,355
Total AECOM equity	3,458,440		3,458,440		3,407,748
Noncontrolling interests	205,911		205,911		223,195
TOTAL STOCKHOLDERS' EQUITY	3,664,351		3,664,351		3,630,943
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	13,989,215		13,989,215		14,014,298
AECOM's investment in joint ventures	347,085		347,085		321,625
Joint ventures summarized financial information
Revenue	4,381,296	$ 4,506,197	8,678,947	$ 8,716,665
Cost of revenue	4,197,852	4,402,885	8,354,645	8,478,623
Gross profit	183,444	103,312	324,302	238,042
Net (loss) income	66,594	20,604	66,191	(97,463)
Summary of AECOM's equity in earnings of unconsolidated joint ventures:
Total	$ 39,016	$ 24,628	$ 64,279	48,552
Minimum
Financial information
Number of partners required to form joint ventures \| item	2		2
Consolidated Joint Ventures
Financial information
Current assets	$ 721,100		$ 721,100		727,800
Non-current assets	288,200		288,200		282,800
TOTAL ASSETS	1,009,300		1,009,300		1,010,600
Current liabilities	445,100		445,100		441,500
Non-current liabilities	12,400		12,400		200
TOTAL LIABILITIES	457,500		457,500		441,700
Total AECOM equity	354,000		354,000		354,700
Noncontrolling interests	197,800		197,800		214,200
TOTAL STOCKHOLDERS' EQUITY	551,800		551,800		568,900
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,009,300		1,009,300		1,010,600
Joint ventures summarized financial information
Revenue			997,000	1,188,900
Unconsolidated Joint Ventures
Financial information
Current assets	1,358,900		1,358,900		1,200,700
Non-current assets	527,300		527,300		527,300
TOTAL ASSETS	1,886,200		1,886,200		1,728,000
Current liabilities	1,040,300		1,040,300		936,700
Non-current liabilities	120,500		120,500		87,000
TOTAL LIABILITIES	1,160,800		1,160,800		1,023,700
TOTAL STOCKHOLDERS' EQUITY	725,400		725,400		704,300
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,886,200		1,886,200		1,728,000
AECOM's investment in joint ventures	$ 347,100		347,100		$ 321,600
Joint ventures summarized financial information
Revenue			2,458,800	2,175,600
Cost of revenue			2,312,900	2,059,000
Gross profit			145,900	116,600
Net (loss) income			129,200	104,200
Summary of AECOM's equity in earnings of unconsolidated joint ventures:
Pass through joint ventures			8,600	13,400
Other joint ventures			55,700	35,200
Total			$ 64,300	$ 48,600

Pension Benefit Obligations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
United States Pension Plan of US Entity, Defined Benefit
Components of net periodic (benefit) cost:
Service costs	$ 1.0	$ 1.7	$ 2.8	$ 3.2
Interest cost on projected benefit obligation	5.4	7.2	11.1	13.6
Expected return on plan assets	(7.6)	(7.6)	(15.4)	(14.3)
Amortization of net loss	1.0	1.1	2.0	2.2
Curtailment gain recognized			(6.8)
Settlement (gain) loss recognized			(1.0)
Net periodic (benefit) cost	(0.2)	2.4	(7.3)	4.7
Change in benefit obligation:
Employer contributions			9.1
Expected employer contributions in next fiscal year			5.8
Foreign Pension Plan, Defined Benefit
Components of net periodic (benefit) cost:
Service costs	0.2	0.2	0.5	0.5
Interest cost on projected benefit obligation	9.8	11.6	20.3	22.9
Expected return on plan assets	(12.0)	(12.2)	(24.8)	(24.1)
Amortization of prior service cost			(0.1)	(0.1)
Amortization of net loss	1.4	1.5	2.8	3.0
Settlement (gain) loss recognized			0.1	0.4
Net periodic (benefit) cost	$ (0.6)	$ 1.1	(1.2)	$ 2.6
Change in benefit obligation:
Employer contributions			10.4
Expected employer contributions in next fiscal year			$ 10.5

Debt (Details) $ in Thousands			6 Months Ended
Debt (Details) $ in Thousands	Oct. 24, 2014 USD ($)	Oct. 17, 2014 USD ($)	Mar. 31, 2016 USD ($)	Mar. 31, 2015 USD ($)	Dec. 31, 2015 USD ($)	Sep. 30, 2015 USD ($)
Debt
Total debt			$ 4,472,600			$ 4,606,900
Less: Current portion of debt and short-term borrowings			(342,500)			(160,400)
Long-term debt, less current portion			4,130,087			4,446,527
Scheduled maturities of debt:
2016 (nine months remaining)			87,700
2017			347,400
2018			125,500
2019			115,800
2020			1,504,700
Thereafter			2,291,500
Total debt			4,472,600			4,606,900
Debt agreements
Prepayment penalty on unsecured senior notes				$ 55,639
Debt			$ 4,472,600			4,606,900
Average effective interest rate on total borrowings, including the effects of swaps (as a percent)			4.30%	4.10%
Line of Credit
Debt agreements
Consolidated leverage ratio			4.4
Outstanding letters of credit			$ 111,100			92,500
Remaining borrowing capacity under the credit facility			909,900			947,600
Maximum increase in borrowing capacity		$ 500,000
Secured Debt
Debt
Total debt					$ 2,307,000	2,414,300
Scheduled maturities of debt:
Total debt					2,307,000	2,414,300
Debt agreements
Prepayment penalty on unsecured senior notes			55,600
Debt					$ 2,307,000	2,414,300
Revolving Credit Facility
Debt agreements
Borrowing capacity		1,050,000
Letter of Credit
Debt agreements
Borrowing capacity		500,000
URS Corporation
Debt agreements
Senior notes assumed in acquisition as part of consideration		$ 1,000,000
Other Debt
Debt
Total debt			137,000			163,200
Scheduled maturities of debt:
Total debt			137,000			163,200
Debt agreements
Debt			137,000			163,200
Outstanding letters of credit			373,200			344,000
Unsecured Credit Facilities
Debt agreements
Remaining borrowing capacity under the credit facility			500,900
Notes
Debt
Total debt			1,600,000			1,600,000
Scheduled maturities of debt:
Total debt			1,600,000			1,600,000
Debt agreements
Debt			1,600,000			1,600,000
Senior Discount Notes 1.00% Series B due July 2022
Debt agreements
Interest rate (as a percent)		1.00%
Senior Notes \| URS Corporation
Debt
Total debt		$ 1,000,000	428,600			429,400
Scheduled maturities of debt:
Total debt		1,000,000	428,600			429,400
Debt agreements
Debt		$ 1,000,000	428,600			$ 429,400
Redemption price percentage	101.00%	101.00%
Amount of notes purchased	$ 572,300	$ 600,000
Senior Notes 3.85% due 2017 \| URS Corporation
Debt
Total debt			181,100
Scheduled maturities of debt:
Total debt			181,100
Debt agreements
Interest rate (as a percent)		3.85%
Debt			181,100
Fair value of long term debt			177,900
Senior Notes 5.00% due 2022 \| URS Corporation
Debt
Total debt			247,500
Scheduled maturities of debt:
Total debt			247,500
Debt agreements
Interest rate (as a percent)		5.00%
Debt			247,500
Fair value of long term debt			$ 226,200
Senior Notes 5.43% Series A Due July 2020
Debt agreements
Interest rate (as a percent)		5.43%
Term Loan B \| Secured Debt
Debt agreements
Borrowing capacity		$ 760,000
Term Loan A \| Secured Debt
Debt agreements
Borrowing capacity		$ 1,925,000

Debt (Details 2) - USD ($)	Oct. 06, 2014	Mar. 31, 2016
The 2022 Notes
Debt
Principal amount	$ 800,000,000
Interest rate (as a percent)	5.75%
Fair value of debt instrument		$ 820,000,000
The 2024 Notes
Debt
Principal amount	$ 800,000,000
Interest rate (as a percent)	5.875%
Fair value of debt instrument		$ 820,000,000
Redemption period one \| The 2022 Notes
Debt
Redemption period, end date	Oct. 15, 2017
Percentage price of original principal amount of note, excluding required premium, at which note can be redeemed	100.00%
Percentage price of original principal amount of note at which note can be redeemed	105.75%
Redemption period two \| The 2024 Notes
Debt
Redemption period, end date	Jul. 15, 2024
Percentage price of original principal amount of note, excluding required premium, at which note can be redeemed	100.00%
Redemption period three \| The 2024 Notes
Debt
Redemption period, start date	Jul. 15, 2024
Percentage price of original principal amount of note at which note can be redeemed	100.00%
Maximum \| Redemption period one \| The 2022 Notes
Debt
Percentage of principal amount that can be redeemed	35.00%

Derivative Financial Instruments and Fair Value Measurements (Details) $ in Millions	6 Months Ended	12 Months Ended
	Mar. 31, 2016 USD ($)	Sep. 30, 2015 AUD ($) item	Sep. 30, 2014 item	Mar. 31, 2016 AUD ($)	Mar. 31, 2016 USD ($)	Sep. 30, 2015 USD ($)
Derivative financial instruments
Number of contingent consideration arrangements \| item		2	2
Level 3
Derivative financial instruments
Fair value of contingent consideration liability					$ 39,000,000	$ 39,000,000
Designated as Hedging Instrument \| Cash Flow Hedging \| Interest rate swap agreements
Derivative financial instruments
Losses Recognized in Income on Derivatives (Amount Excluded from Effectiveness Testing and Ineffective Portion)	$ 0
Designated as Hedging Instrument \| Cash Flow Hedging \| Interest Rate Swap June 2018
Derivative financial instruments
Notional Amount					$ 300,000,000	$ 300,000,000
Fixed Rate (as a percent)		1.63%		1.63%	1.63%	1.63%
Designated as Hedging Instrument \| Cash Flow Hedging \| Interest Rate Swap September 2018
Derivative financial instruments
Notional Amount					$ 300,000,000	$ 300,000,000
Fixed Rate (as a percent)		1.54%		1.54%	1.54%	1.54%
Designated as Hedging Instrument \| Cash Flow Hedging \| Foreign currency forward contracts
Derivative financial instruments
Notional principal of derivative exchange contracts		$ 98.1		$ 83.7	$ 62,300,000	$ 74,100,000

Share-based Payments (Details) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Compensation expense
Recognized compensation expense	$ 42,000	$ 77,900
Accelerated equity award		43,900
Accelerated settlement Of Common Stock	17,600
Award settlement Of Cash	26,300
Unrecognized compensation expense	$ 143,000		$ 115,500
Vesting period	3 years
Excess tax benefit from share-based payment	$ 3,335	$ 2,560
Employee Stock Option
Number of Options
Balance at the beginning of the period (in shares)	1.3	1.6
Exercised (in shares)	(0.2)	(0.1)
Balance at the end of the period (in shares)	1.1	1.5
Vested and expected to vest in the future at the end of the period (in shares)	1.1	1.5
Stock options, Weighted Average Exercise Price
Balance at the beginning of the period (in dollars per share)	$ 28.26	$ 27.69
Exercised (in dollars per share)	23.36	25.82
Cancelled (in dollars per share)		27.08
Balance at the end of the period (in dollars per share)	29.44	27.89
Vested and expected to vest in the future at the end of the period (in dollars per share)	$ 29.44	27.89
Performance Earnings Program
Compensation expense
Vesting period	3 years
Weighted average grant-date fair value of stock options granted (in dollars per share)	$ 29.92	32.32
Restricted Stock Units (RSUs)
Compensation expense
Granted (in shares)	2.6
Granted (in dollars per share)	$ 30.04
Weighted average grant-date fair value of stock options granted (in dollars per share)	$ 29.80	$ 31.02

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Income Taxes
Effective tax rate (as a percent)	15.50%	137.30%	14.80%	47.40%
Federal statutory rate (as a percent)	35.00%		35.00%
Effective tax rate reconciliation impact of non-deductible research and development expenses	$ 5.9		$ 12.3
Tax benefit related to non-controlling interests	8.5		8.4
Valuation allowances adjustments related to non deductible research and development credits	3.9		3.9
Discrete expense, net of related valuation allowance			3.8
Undistributed earnings related to foreign subsidiaries	$ 97.3		$ 97.3

Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
Earnings Per Share (Details) - shares shares in Thousands	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share
Antidilutive potential common shares excluded in computation of diluted loss per share				1,900
Denominator for basic earnings per share (in shares)	154,295	151,053	153,957	146,472
Potential common shares (in shares)	1,100	1,700	1,100
Denominator for diluted earnings per share (in shares)	155,448	152,818	155,131	146,472

Other Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Sep. 30, 2015
Accrued expenses
Accrued salaries and benefits	$ 735,500	$ 852,200
Accrued contract costs	1,260,700	993,100
Other accrued expenses	383,600	322,500
Total accrued expenses	2,379,803	$ 2,167,771
Accrued contract costs related to professional liability accruals	582,200
Revenue related to recovery of pension related entitlement	45,000
Noncurrent asset related to recovery of pension related entitlement	$ 45,000

Reclassifications out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Accumulated balances
Balance at the beginning of the period	$ (725,200)	$ (475,700)	$ (635,100)	$ (356,600)
Other comprehensive (loss) income before reclassification	70,900	(110,200)	(22,200)	(231,500)
Amounts reclassified from accumulated other comprehensive loss, actuarial losses, net of tax	1,600	1,800	3,300	3,600
Amounts reclassified from accumulated other comprehensive loss, cash flow hedge losses, net of tax	1,300	1,200	2,600	1,600
Balance at the end of the period	(651,371)	(582,900)	(651,371)	(582,900)
Actuarial losses/Pension Related Adjustments
Accumulated balances
Balance at the beginning of the period	(203,300)	(209,000)	(204,000)	(217,000)
Other comprehensive (loss) income before reclassification	4,900	3,900	3,900	10,100
Amounts reclassified from accumulated other comprehensive loss, actuarial losses, net of tax	1,600	1,800	3,300	3,600
Balance at the end of the period	(196,800)	(203,300)	(196,800)	(203,300)
Foreign Currency Translation Adjustments
Accumulated balances
Balance at the beginning of the period	(516,200)	(263,800)	(420,100)	(137,800)
Other comprehensive (loss) income before reclassification	67,900	(108,800)	(28,200)	(234,800)
Balance at the end of the period	(448,300)	(372,600)	(448,300)	(372,600)
Cash flow hedges/Loss on Derivative Instruments
Accumulated balances
Balance at the beginning of the period	(5,700)	(2,900)	(11,000)	(1,800)
Other comprehensive (loss) income before reclassification	(1,900)	(5,300)	2,100	(6,800)
Amounts reclassified from accumulated other comprehensive loss, cash flow hedge losses, net of tax	1,300	1,200	2,600	1,600
Balance at the end of the period	$ (6,300)	$ (7,000)	$ (6,300)	$ (7,000)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Commitments and Contingencies (Details) $ in Millions, $ in Millions, $ in Millions			1 Months Ended		6 Months Ended	12 Months Ended
	Jul. 10, 2015 USD ($)	Jun. 17, 2014 AUD ($)	Dec. 31, 2014 USD ($)	Jan. 31, 2010 CAD ($)	Mar. 31, 2016 USD ($) item	Sep. 30, 2006 AUD ($)
Commitments and Contingencies
Securities acquired by investors		$ 155
Standby Letters of Credit
Commitments and Contingencies
Contingency liability of general and professional liability insurance programs and for payment and performance guarantees					$ 484.3
DOE Deactivation Demolition And Removal Project \| URS Corporation \| Washington Group International
Commitments and Contingencies
Projects costs, maximum					146.0
DOE Deactivation Demolition And Removal Project \| Department of Energy
Commitments and Contingencies
Projects costs, minimum					106.0
DOE Deactivation Demolition And Removal Project \| Department of Energy \| URS Corporation \| Washington Group International
Commitments and Contingencies
Projects costs, minimum					106.0
Projects costs, maximum					$ 146.0
Amount recovery ( including additional Fees)			$ 103.0
Minimum cost to complete the project and promised amenities			$ 100.0
Canadian Pipeline Contract \| URS Corporation \| Flint Energy Services Ltd
Commitments and Contingencies
Damages claimed by applicants				$ 45
AECOM Australia
Commitments and Contingencies
Payments for Legal Settlements	$ 205.0
Proceeds from initial public offering (IPO)						$ 700
Bank loan						$ 1,400
Number of initial public offering investors \| item					770

Reportable Segments (Details) $ in Thousands	3 Months Ended		6 Months Ended
Reportable Segments (Details) $ in Thousands	Mar. 31, 2016 USD ($)	Mar. 31, 2015 USD ($)	Mar. 31, 2016 USD ($) segment	Mar. 31, 2015 USD ($)	Sep. 30, 2015 USD ($)
Summarized financial information concerning the Company's reportable segments
Number of reportable segments \| segment			3
Revenue	$ 4,381,296	$ 4,506,197	$ 8,678,947	$ 8,716,665
Gross profit	183,444	103,312	324,302	238,042
Equity in (loss) earnings of joint ventures	39,016	24,628	64,279	48,552
General and administrative expenses	(29,455)	(29,797)	(58,094)	(64,135)
Acquisition and integration expenses	(50,711)	(91,599)	(91,749)	(230,062)
Loss on disposal activities	(1,536)		(42,589)
Operating income (loss)	140,758	$ 6,544	196,149	$ (7,603)
Segment assets	$ 13,989,215		$ 13,989,215		$ 14,014,298
Gross profit as a % of revenue	4.20%	2.30%	3.70%	2.70%
Corporate
Summarized financial information concerning the Company's reportable segments
General and administrative expenses	$ (29,500)	$ (29,800)	$ (58,200)	$ (64,100)
Acquisition and integration expenses	(50,700)	(91,600)	(91,700)	(230,100)
Operating income (loss)	(80,200)	(121,400)	(149,900)	(294,200)
Segment assets	774,600		774,600		609,800
Design and Consulting Services
Summarized financial information concerning the Company's reportable segments
Revenue	1,966,200	2,035,900	3,828,200	3,927,600
Gross profit	97,200	53,000	176,500	99,400
Equity in (loss) earnings of joint ventures	2,200	(1,400)	5,200
Operating income (loss)	99,400	$ 51,600	181,700	$ 99,400
Segment assets	$ 7,005,100		$ 7,005,100		7,118,200
Gross profit as a % of revenue	4.90%	2.60%	4.60%	2.50%
Construction Services
Summarized financial information concerning the Company's reportable segments
Revenue	$ 1,546,200	$ 1,641,100	$ 3,258,000	$ 3,175,200
Gross profit	5,800	2,500	18,700	37,800
Equity in (loss) earnings of joint ventures	2,800	4,700	5,400	10,600
Loss on disposal activities	(1,600)		(42,600)
Operating income (loss)	7,000	$ 7,200	(18,500)	$ 48,400
Segment assets	$ 3,444,000		$ 3,444,000		3,382,400
Gross profit as a % of revenue	0.40%	0.20%	0.60%	1.20%
Management Services
Summarized financial information concerning the Company's reportable segments
Revenue	$ 868,800	$ 829,200	$ 1,592,700	$ 1,613,900
Gross profit	80,400	47,700	129,100	100,800
Equity in (loss) earnings of joint ventures	34,100	21,400	53,700	38,000
Operating income (loss)	114,500	$ 69,100	182,800	$ 138,800
Segment assets	$ 2,765,500		$ 2,765,500		$ 2,903,900
Gross profit as a % of revenue	9.30%	5.80%	8.10%	6.20%

Condensed Consolidating Financial Information (Details) - USD ($) $ in Millions	Sep. 29, 2015	Oct. 06, 2014
The new 2022 Notes
Principal amount		$ 800.0
Interest rate (as a percent)	5.75%
The new 2024 Notes
Principal amount		$ 800.0
Interest rate (as a percent)	5.875%

Condensed Consolidating Financial Information (Details 2) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015	Mar. 31, 2015	Sep. 30, 2014
CURRENT ASSETS:
Total cash and cash equivalents	$ 669,778	$ 683,893	$ 612,597	$ 574,188
Accounts receivable-net	4,801,196	4,841,450
Prepaid expenses and other current assets	771,423	388,982
Income taxes receivable	43,539	81,161
Deferred tax assets-net		250,599
TOTAL CURRENT ASSETS	6,285,936	6,246,085
PROPERTY AND EQUIPMENT-NET	596,891	699,322
DEFERRED TAX ASSETS-NET	126,846
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	347,085	321,625
GOODWILL	5,785,619	5,820,692
INTANGIBLE ASSETS-NET	532,700	659,438
OTHER NON-CURRENT ASSETS	314,138	267,136
TOTAL ASSETS	13,989,215	14,014,298
CURRENT LIABILITIES:
Short-term debt	10,515	2,788
Accounts payable	1,892,457	1,853,993
Accrued expenses and other current liabilities	2,379,803	2,167,771
Billings in excess of costs on uncompleted contracts	645,715	653,877
Current portion of long-term debt	331,998	157,623
TOTAL CURRENT LIABILITIES	5,260,488	4,836,052
OTHER LONG-TERM LIABILITIES	901,700	870,700
DEFERRED TAX LIABILITY-NET	32,608	230,037
LONG-TERM DEBT	4,130,087	4,446,527
TOTAL LIABILITIES	10,324,864	10,383,355
TOTAL AECOM STOCKHOLDERS' EQUITY	3,458,440	3,407,748
Noncontrolling interests	205,911	223,195
TOTAL STOCKHOLDERS' EQUITY	3,664,351	3,630,943
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	13,989,215	14,014,298
Reportable Legal Entities \| Parent
CURRENT ASSETS:
Total cash and cash equivalents	1,800	1,300	2,600	33,400
Intercompany receivable	815,700	771,300
Prepaid expenses and other current assets	129,500	36,700
Income taxes receivable	9,200	68,700
Deferred tax assets-net		36,600
TOTAL CURRENT ASSETS	956,200	914,600
PROPERTY AND EQUIPMENT-NET	115,100	93,400
DEFERRED TAX ASSETS-NET	88,400	27,100
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	6,586,700	6,739,400
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	800	800
OTHER NON-CURRENT ASSETS	79,300	88,700
TOTAL ASSETS	7,826,500	7,864,000
CURRENT LIABILITIES:
Short-term debt	4,000	2,300
Accounts payable	31,200	28,000
Accrued expenses and other current liabilities	229,500	229,500
Intercompany payable	99,200	119,900
Current portion of long-term debt	105,300	105,600
TOTAL CURRENT LIABILITIES	469,200	485,300
OTHER LONG-TERM LIABILITIES	102,900	63,600
LONG-TERM DEBT	3,805,900	3,914,000
TOTAL LIABILITIES	4,378,000	4,462,900
TOTAL AECOM STOCKHOLDERS' EQUITY	3,448,500	3,401,100
TOTAL STOCKHOLDERS' EQUITY	3,448,500	3,401,100
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	7,826,500	7,864,000
Reportable Legal Entities \| Guarantor Subsidiaries
CURRENT ASSETS:
Total cash and cash equivalents	145,800	162,500	124,200	85,800
Accounts receivable-net	2,145,000	2,165,500
Intercompany receivable	110,900	187,300
Prepaid expenses and other current assets	345,400	127,400
TOTAL CURRENT ASSETS	2,747,100	2,642,700
PROPERTY AND EQUIPMENT-NET	230,200	240,000
DEFERRED TAX ASSETS-NET	41,400
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	1,139,500	1,343,700
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	50,800	73,400
GOODWILL	3,290,200	3,291,100
INTANGIBLE ASSETS-NET	376,200	459,400
OTHER NON-CURRENT ASSETS	67,200	26,800
TOTAL ASSETS	7,942,600	8,077,100
CURRENT LIABILITIES:
Accounts payable	907,800	834,100
Accrued expenses and other current liabilities	1,122,600	1,001,600
Intercompany payable	901,000	960,300
Billings in excess of costs on uncompleted contracts	228,300	255,700
Deferred tax liability-net		62,900
Current portion of long-term debt	203,400	24,500
TOTAL CURRENT LIABILITIES	3,363,100	3,139,100
OTHER LONG-TERM LIABILITIES	323,200	299,500
DEFERRED TAX LIABILITY-NET		122,600
LONG-TERM DEBT	292,200	482,700
TOTAL LIABILITIES	3,978,500	4,043,900
TOTAL AECOM STOCKHOLDERS' EQUITY	3,964,100	4,033,200
TOTAL STOCKHOLDERS' EQUITY	3,964,100	4,033,200
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	7,942,600	8,077,100
Reportable Legal Entities \| Non-Guarantor Subsidiaries
CURRENT ASSETS:
Total cash and cash equivalents	522,200	520,100	$ 485,800	$ 455,000
Accounts receivable-net	2,656,200	2,675,900
Intercompany receivable	134,700	262,700
Prepaid expenses and other current assets	296,500	224,900
Income taxes receivable	34,300	12,500
Deferred tax assets-net		276,900
TOTAL CURRENT ASSETS	3,643,900	3,973,000
PROPERTY AND EQUIPMENT-NET	251,600	365,900
DEFERRED TAX ASSETS-NET	48,500	7,300
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	69,900	67,400
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES	295,500	247,400
GOODWILL	2,495,400	2,529,600
INTANGIBLE ASSETS-NET	156,500	200,000
OTHER NON-CURRENT ASSETS	167,700	151,700
TOTAL ASSETS	7,129,000	7,542,300
CURRENT LIABILITIES:
Short-term debt	6,500	500
Accounts payable	953,500	991,900
Accrued expenses and other current liabilities	1,027,700	936,700
Intercompany payable	217,800	319,800
Billings in excess of costs on uncompleted contracts	417,400	398,200
Current portion of long-term debt	23,300	27,500
TOTAL CURRENT LIABILITIES	2,646,200	2,674,600
OTHER LONG-TERM LIABILITIES	475,600	507,600
DEFERRED TAX LIABILITY-NET	84,100	141,900
NOTE PAYABLE INTERCOMPANY-NON CURRENT	657,100	669,100
LONG-TERM DEBT	32,000	49,800
TOTAL LIABILITIES	3,895,000	4,043,000
TOTAL AECOM STOCKHOLDERS' EQUITY	3,028,100	3,276,100
Noncontrolling interests	205,900	223,200
TOTAL STOCKHOLDERS' EQUITY	3,234,000	3,499,300
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	7,129,000	7,542,300
Eliminations
CURRENT ASSETS:
Intercompany receivable	(1,061,300)	(1,221,300)
Deferred tax assets-net		(62,900)
TOTAL CURRENT ASSETS	(1,061,300)	(1,284,200)
DEFERRED TAX ASSETS-NET	(51,500)	(34,400)
INVESTMENTS IN CONSOLIDATED SUBSIDIARIES	(7,796,100)	(8,150,500)
TOTAL ASSETS	(8,908,900)	(9,469,100)
CURRENT LIABILITIES:
Intercompany payable	(1,218,000)	(1,400,000)
Deferred tax liability-net		(62,900)
TOTAL CURRENT LIABILITIES	(1,218,000)	(1,462,900)
DEFERRED TAX LIABILITY-NET	(51,500)	(34,400)
NOTE PAYABLE INTERCOMPANY-NON CURRENT	(657,100)	(669,100)
TOTAL LIABILITIES	(1,926,600)	(2,166,400)
TOTAL AECOM STOCKHOLDERS' EQUITY	(6,982,300)	(7,302,700)
TOTAL STOCKHOLDERS' EQUITY	(6,982,300)	(7,302,700)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ (8,908,900)	$ (9,469,100)

Condensed Consolidating Financial Information (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Condensed Consolidating Statements of Operations
Revenue	$ 4,381,296	$ 4,506,197	$ 8,678,947	$ 8,716,665
Cost of revenue	4,197,852	4,402,885	8,354,645	8,478,623
Gross profit	183,444	103,312	324,302	238,042
Equity in (loss) earnings of joint ventures	39,016	24,628	64,279	48,552
General and administrative expenses	(29,455)	(29,797)	(58,094)	(64,135)
Acquisition and integration expenses	(50,711)	(91,599)	(91,749)	(230,062)
Loss on disposal activities	(1,536)		(42,589)
Income (loss) from operations	140,758	6,544	196,149	(7,603)
Other income (expense)	746	(1,038)	3,788	1,541
Interest expense	(62,723)	(60,663)	(122,241)	(179,361)
Income (loss) before income tax expense	78,781	(55,157)	77,696	(185,423)
Income tax (benefit) expense	12,187	(75,761)	11,505	(87,960)
Net income (loss)	66,594	20,604	66,191	(97,463)
Noncontrolling interests in income of consolidated subsidiaries, net of tax	(24,766)	(20,338)	(44,730)	(41,246)
Net income (loss) attributable to AECOM	41,828	266	21,461	(138,709)
Reportable Legal Entities \| Parent
Condensed Consolidating Statements of Operations
Equity in earnings from subsidiaries	125,100	94,400	180,000	120,000
General and administrative expenses	(29,400)	(28,100)	(57,000)	(61,100)
Acquisition and integration expenses	(50,700)	(69,400)	(91,700)	(185,300)
Income (loss) from operations	45,000	(3,100)	31,300	(126,400)
Other income (expense)	2,200		3,000	900
Interest expense	(55,900)	(52,300)	(109,200)	(165,700)
Income (loss) before income tax expense	(8,700)	(55,400)	(74,900)	(291,200)
Income tax (benefit) expense	(50,600)	(55,600)	(96,400)	(152,400)
Net income (loss)	41,900	200	21,500	(138,800)
Net income (loss) attributable to AECOM	41,900	200	21,500	(138,800)
Reportable Legal Entities \| Guarantor Subsidiaries
Condensed Consolidating Statements of Operations
Revenue	2,357,700	2,373,700	4,594,000	4,410,400
Cost of revenue	2,214,100	2,330,500	4,396,600	4,286,900
Gross profit	143,600	43,200	197,400	123,500
Equity in earnings from subsidiaries	(19,800)	(14,100)	(60,100)	(13,500)
Equity in (loss) earnings of joint ventures	7,200	10,300	11,700	8,300
General and administrative expenses	(100)	(1,700)	(1,200)	(3,000)
Acquisition and integration expenses		(22,200)		(44,800)
Income (loss) from operations	130,900	15,500	147,800	70,500
Other income (expense)	8,900	9,100	17,800	17,600
Interest expense	(5,400)	(4,800)	(11,100)	(9,500)
Income (loss) before income tax expense	134,400	19,800	154,500	78,600
Income tax (benefit) expense	66,200	14,700	84,300	30,000
Net income (loss)	68,200	5,100	70,200	48,600
Net income (loss) attributable to AECOM	68,200	5,100	70,200	48,600
Reportable Legal Entities \| Non-Guarantor Subsidiaries
Condensed Consolidating Statements of Operations
Revenue	2,032,400	2,305,000	4,126,600	4,573,600
Cost of revenue	1,992,600	2,245,000	3,999,700	4,459,100
Gross profit	39,800	60,000	126,900	114,500
Equity in earnings from subsidiaries	800	800	1,600	2,200
Equity in (loss) earnings of joint ventures	31,900	14,400	52,600	40,300
Loss on disposal activities	(1,600)		(42,600)
Income (loss) from operations	70,900	75,200	138,500	157,000
Other income (expense)	(900)	(900)	1,600
Interest expense	(10,800)	(12,800)	(20,500)	(21,100)
Income (loss) before income tax expense	59,200	61,500	119,600	135,900
Income tax (benefit) expense	(4,300)	29,300	9,900	33,100
Net income (loss)	63,500	32,200	109,700	102,800
Noncontrolling interests in income of consolidated subsidiaries, net of tax	(24,700)	(20,300)	(44,700)	(41,200)
Net income (loss) attributable to AECOM	38,800	11,900	65,000	61,600
Eliminations
Condensed Consolidating Statements of Operations
Revenue	(8,900)	(172,500)	(41,700)	(267,300)
Cost of revenue	(8,900)	(172,500)	(41,700)	(267,300)
Equity in earnings from subsidiaries	(106,100)	(81,100)	(121,500)	(108,700)
Income (loss) from operations	(106,100)	(81,100)	(121,500)	(108,700)
Other income (expense)	(9,400)	(9,200)	(18,600)	(16,900)
Interest expense	9,400	9,200	18,600	16,900
Income (loss) before income tax expense	(106,100)	(81,100)	(121,500)	(108,700)
Income tax (benefit) expense	900	(64,200)	13,700	1,400
Net income (loss)	(107,000)	(16,900)	(135,200)	(110,100)
Net income (loss) attributable to AECOM	$ (107,000)	$ (16,900)	$ (135,200)	$ (110,100)

Condensed Consolidating Financial Information (Details 4) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Consolidated Statements of Comprehensive Income (Loss)
Net income (loss)	$ 66,594	$ 20,604	$ 66,191	$ (97,463)
Other comprehensive income (loss), net of tax:
Net unrealized (loss) gain on derivatives, net of tax	(537)	(4,184)	4,786	(5,241)
Foreign currency translation adjustments	67,813	(109,517)	(29,881)	(237,616)
Pension adjustments, net of tax	6,515	5,773	7,204	13,779
Other comprehensive income (loss), net of tax	73,791	(107,928)	(17,891)	(229,078)
Comprehensive income (loss), net of tax	140,385	(87,324)	48,300	(326,541)
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	(24,773)	(19,612)	(43,110)	(38,459)
Comprehensive income (loss) attributable to AECOM, net of tax	115,612	(106,936)	5,190	(365,000)
Reportable Legal Entities \| Parent
Consolidated Statements of Comprehensive Income (Loss)
Net income (loss)	41,900	200	21,500	(138,800)
Other comprehensive income (loss), net of tax:
Net unrealized (loss) gain on derivatives, net of tax	(2,600)	(4,200)	1,300	(5,200)
Pension adjustments, net of tax	600	1,000	1,200	1,700
Other comprehensive income (loss), net of tax	(2,000)	(3,200)	2,500	(3,500)
Comprehensive income (loss), net of tax	39,900	(3,000)	24,000	(142,300)
Comprehensive income (loss) attributable to AECOM, net of tax	39,900	(3,000)	24,000	(142,300)
Reportable Legal Entities \| Guarantor Subsidiaries
Consolidated Statements of Comprehensive Income (Loss)
Net income (loss)	68,200	5,100	70,200	48,600
Other comprehensive income (loss), net of tax:
Pension adjustments, net of tax			(4,700)
Other comprehensive income (loss), net of tax			(4,700)
Comprehensive income (loss), net of tax	68,200	5,100	65,500	48,600
Comprehensive income (loss) attributable to AECOM, net of tax	68,200	5,100	65,500	48,600
Reportable Legal Entities \| Non-Guarantor Subsidiaries
Consolidated Statements of Comprehensive Income (Loss)
Net income (loss)	63,500	32,200	109,700	102,800
Other comprehensive income (loss), net of tax:
Net unrealized (loss) gain on derivatives, net of tax	2,100		3,500
Foreign currency translation adjustments	67,800	(109,500)	(29,900)	(237,600)
Pension adjustments, net of tax	5,900	4,800	10,700	12,100
Other comprehensive income (loss), net of tax	75,800	(104,700)	(15,700)	(225,500)
Comprehensive income (loss), net of tax	139,300	(72,500)	94,000	(122,700)
Noncontrolling interests in comprehensive income of consolidated subsidiaries, net of tax	(24,800)	(19,600)	(43,100)	(38,500)
Comprehensive income (loss) attributable to AECOM, net of tax	114,500	(92,100)	50,900	(161,200)
Eliminations
Consolidated Statements of Comprehensive Income (Loss)
Net income (loss)	(107,000)	(16,900)	(135,200)	(110,100)
Other comprehensive income (loss), net of tax:
Comprehensive income (loss), net of tax	(107,000)	(16,900)	(135,200)	(110,100)
Comprehensive income (loss) attributable to AECOM, net of tax	$ (107,000)	$ (16,900)	$ (135,200)	$ (110,100)

Condensed Consolidating Financial Information (Details 5) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Consolidating Statements of Cash Flows
CASH FLOWS FROM OPERATING ACTIVITIES	$ 191,206	$ 332,602
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired	(975)	(3,279,239)
Proceeds from disposal of businesses and property	39,699
Net investment in unconsolidated joint ventures	(45,562)	(14,759)
Net sales of investments	11,200	600
Purchases of investments	(214)	(43,944)
Payments for capital expenditures	(67,413)	(69,019)
Payments for capital expenditures, net of disposals	(31,000)	(55,600)
Net cash used in investing activities	(26,714)	(3,349,011)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	2,322,735	4,765,528
Repayments of borrowings under credit agreements	(2,458,358)	(3,075,118)
Issuance of unsecured senior notes		1,600,000
Prepayment penalty on unsecured senior notes		(55,639)
Cash paid for debt and equity issuance costs	(1,499)	(87,098)
Proceeds from issuance of common stock	13,767	8,713
Proceeds from exercise of stock options	4,875	4,474
Payments to repurchase common stock	(18,132)	(11,535)
Excess tax benefit from share-based payment	3,335	2,560
Net distributions to noncontrolling interests	(60,564)	(58,875)
Other financing activities	16,630	(19,160)
Net cash (used in) provided by financing activities	(177,211)	3,073,850
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(1,396)	(19,032)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(14,115)	38,409
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	683,893	574,188
CASH AND CASH EQUIVALENTS AT END OF PERIOD	669,778	612,597
Reportable Legal Entities \| Parent
Condensed Consolidating Statements of Cash Flows
CASH FLOWS FROM OPERATING ACTIVITIES	(322,500)	(138,600)
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired		(3,562,300)
Payments for capital expenditures, net of disposals	(24,000)	(30,400)
Net (investment in) receipts from intercompany notes	(3,200)	61,100
Other intercompany investing activities	448,900	508,600
Net cash used in investing activities	421,700	(3,023,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	2,316,500	4,674,700
Repayments of borrowings under credit agreements	(2,423,800)	(2,997,100)
Issuance of unsecured senior notes		1,600,000
Prepayment penalty on unsecured senior notes		(55,600)
Cash paid for debt and equity issuance costs	(1,500)	(87,100)
Proceeds from issuance of common stock	13,800	8,700
Proceeds from exercise of stock options	4,900	4,500
Payments to repurchase common stock	(18,100)	(11,500)
Excess tax benefit from share-based payment	3,300	2,500
Other financing activities	5,000	(8,300)
Net borrowings (repayments) on intercompany notes	1,200
Net cash (used in) provided by financing activities	(98,700)	3,130,800
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	500	(30,800)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	1,300	33,400
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,800	2,600
Reportable Legal Entities \| Guarantor Subsidiaries
Condensed Consolidating Statements of Cash Flows
CASH FLOWS FROM OPERATING ACTIVITIES	374,000	309,200
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired	(1,000)	113,900
Net investment in unconsolidated joint ventures	(1,400)	(1,200)
Payments for capital expenditures, net of disposals	(23,500)	(15,100)
Net (investment in) receipts from intercompany notes	48,500
Other intercompany investing activities	98,100	128,200
Net cash used in investing activities	120,700	225,800
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements		4,400
Repayments of borrowings under credit agreements	(10,800)	(11,300)
Other financing activities	(13,200)	(6,400)
Net borrowings (repayments) on intercompany notes	10,000
Other intercompany financing activities	(497,400)	(483,300)
Net cash (used in) provided by financing activities	(511,400)	(496,600)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(16,700)	38,400
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	162,500	85,800
CASH AND CASH EQUIVALENTS AT END OF PERIOD	145,800	124,200
Reportable Legal Entities \| Non-Guarantor Subsidiaries
Condensed Consolidating Statements of Cash Flows
CASH FLOWS FROM OPERATING ACTIVITIES	139,700	162,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for business acquisitions, net of cash acquired		169,200
Proceeds from disposal of businesses and property	39,700
Net investment in unconsolidated joint ventures	(44,200)	(13,600)
Net sales of investments	11,200	600
Payments for capital expenditures, net of disposals	16,500	(10,100)
Net (investment in) receipts from intercompany notes	(11,200)
Net cash used in investing activities	12,000	146,100
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings under credit agreements	6,200	86,400
Repayments of borrowings under credit agreements	(23,800)	(66,700)
Net distributions to noncontrolling interests	(60,500)	(58,900)
Other financing activities	24,800	(4,500)
Net borrowings (repayments) on intercompany notes	(45,300)	(61,100)
Other intercompany financing activities	(49,600)	(153,500)
Net cash (used in) provided by financing activities	(148,200)	(258,300)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(1,400)	(19,000)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	2,100	30,800
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	520,100	455,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD	522,200	485,800
Eliminations
CASH FLOWS FROM INVESTING ACTIVITIES:
Net (investment in) receipts from intercompany notes	(34,100)	(61,100)
Other intercompany investing activities	(547,000)	(636,800)
Net cash used in investing activities	(581,100)	(697,900)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net borrowings (repayments) on intercompany notes	34,100	61,100
Other intercompany financing activities	547,000	636,800
Net cash (used in) provided by financing activities	$ 581,100	$ 697,900