10-K Filing

TechnipFMC plc CIK: 1681459 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001681459-17-000013`
Period End Date	20161231
Filing Date	20170113
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	fti-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 41 Income Statement 22 Cash Flow Statement 24 Stockholders Equity 11

Balance Sheet 41 line items

Line Item	Tag	Value	Unit	Period
Ordinary shares, par value (in British pound per share)	`CommonStockParOrStatedValuePerShare`	1.00	GBP	Point-in-time
Ordinary shares, par value (in British pound per share)	`CommonStockParOrStatedValuePerShare`	1.00	GBP	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	1.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	1.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.00K	USD	Point-in-time
Receivable from parent	`OtherAssetsCurrent`	$100.00	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	1.00	shares	Point-in-time
Receivable from parent	`OtherAssetsCurrent`	$74.10K	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	1.00	shares	Point-in-time
Redeemable shares, par value (in British pound per share)	`PreferredStockParOrStatedValuePerShare`	1.00	GBP	Point-in-time
Total current assets	`AssetsCurrent`	$74.10K	USD	Point-in-time
Redeemable shares, par value (in British pound per share)	`PreferredStockParOrStatedValuePerShare`	1.00	GBP	Point-in-time
Total current assets	`AssetsCurrent`	$74.10K	USD	Point-in-time
Total assets	`Assets`	$74.10K	USD	Point-in-time
Total assets	`Assets`	$74.10K	USD	Point-in-time
Redeemable shares, shares issued (in shares)	`PreferredStockSharesIssued`	50,000.00	shares	Point-in-time
Redeemable shares, shares issued (in shares)	`PreferredStockSharesIssued`	50,000.00	shares	Point-in-time
Redeemable shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	50,000.00	shares	Point-in-time
Redeemable shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	50,000.00	shares	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary share, 1 par value, 1 share issued and outstanding in 2016 and 2015, respectively	`CommonStockValue`	-	USD	Point-in-time
Ordinary share, 1 par value, 1 share issued and outstanding in 2016 and 2015, respectively	`CommonStockValue`	-	USD	Point-in-time
Redeemable shares, 1 par value, 50,000 shares issued and outstanding in 2016 and 2015, respectively	`PreferredStockRedemptionAmount`	$74.10K	USD	Point-in-time
Redeemable shares, 1 par value, 50,000 shares issued and outstanding in 2016 and 2015, respectively	`PreferredStockRedemptionAmount`	$74.10K	USD	Point-in-time
Capital in excess of par value of stock	`AdditionalPaidInCapitalCommonStock`	-	USD	Point-in-time
Capital in excess of par value of stock	`AdditionalPaidInCapitalCommonStock`	$11.90K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-11.90K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$74.10K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$74.10K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$74.10K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$74.10K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Annual
Revenue	`Revenues`	-	USD	Point-in-time
Cost of sales	`CostOfRevenue`	-	USD	Point-in-time
Cost of sales	`CostOfRevenue`	-	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	-	USD	Point-in-time
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	-	USD	Annual
Other expense (Note 6)	`OtherExpenses`	$11.90K	USD	Annual
Other expense (Note 6)	`OtherExpenses`	-	USD	Point-in-time
Income (loss) before income taxes	`OperatingIncomeLoss`	-	USD	Point-in-time
Income (loss) before income taxes	`OperatingIncomeLoss`	$-11.90K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Point-in-time
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-11.90K	USD	Annual
Net income (loss)	`NetIncomeLoss`	-	USD	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-11.90K	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	-	USD	Point-in-time
Basic (per share)	`EarningsPerShareBasic`	-	USD	Point-in-time
Basic (per share)	`EarningsPerShareBasic`	$-11.93K	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.00	shares	Point-in-time
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.00	shares	Annual

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-11.90K	USD	Annual
Net income (loss)	`NetIncomeLoss`	-	USD	Point-in-time
Foreign currency remeasurement loss	`ForeignCurrencyTransactionLossBeforeTax`	-	USD	Point-in-time
Foreign currency remeasurement loss	`ForeignCurrencyTransactionLossBeforeTax`	$11.90K	USD	Annual
Increase in receivables	`IncreaseDecreaseInOtherOperatingCapitalNet`	$100.00	USD	Annual
Increase in receivables	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	Point-in-time
Cash required by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-100.00	USD	Annual
Cash required by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	Point-in-time
Cash required by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Point-in-time
Cash required by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Capital contributions	`ProceedsFromContributedCapital`	$74.10K	USD	Annual
Capital contributions	`ProceedsFromContributedCapital`	-	USD	Point-in-time
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Point-in-time
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$74.10K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	Point-in-time
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$74.00K	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$74.00K	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$74.00K	USD	Point-in-time

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.10K	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.10K	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	-	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-11.90K	USD	Annual
Net income (loss)	`NetIncomeLoss`	-	USD	Point-in-time
Issuance of ordinary and redeemable shares	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Issuance of ordinary and redeemable shares	`StockIssuedDuringPeriodValueNewIssues`	$74.10K	USD	Point-in-time
Capital contribution	`AdjustmentsToAdditionalPaidInCapitalOther`	$11.90K	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.10K	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.10K	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.