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10-Q Filing

TechnipFMC plc CIK: 1681459 Q2 2018
Filing Information
Form Type 10-Q
Accession Number 0001681459-18-000092
Period End Date 20180630
Filing Date 20180806
Fiscal Year 2018
Fiscal Period Q2
XBRL Instance fti-20180630.xml
Balance Sheet 103 line items
Line Item Tag Value Unit Period
Receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $117.40M USD Point-in-time
Receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $127.20M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.18B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.96B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.27B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.56B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.74B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.95B USD Point-in-time
Trade receivables, net of allowances of $127.2 in 2018 and $117.4 in 2017 ReceivablesNetCurrent $1.48B USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $571.90M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $486.90M USD Point-in-time
Trade receivables, net of allowances of $127.2 in 2018 and $117.4 in 2017 ReceivablesNetCurrent $2.20B USD Point-in-time
Ordinary shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Contract assets CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear $1.76B USD Point-in-time
Ordinary shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Contract assets CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear $1.41B USD Point-in-time
Ordinary shares, shares authorized (in shares) CommonStockSharesAuthorized 525.00M shares Point-in-time
Inventories, net (Note 7) InventoryNet $987.00M USD Point-in-time
Inventories, net (Note 7) InventoryNet $1.09B USD Point-in-time
Ordinary shares, shares authorized (in shares) CommonStockSharesAuthorized 618.30M shares Point-in-time
Derivative financial instruments (Note 17) DerivativeAssetsCurrent $78.30M USD Point-in-time
Derivative financial instruments (Note 17) DerivativeAssetsCurrent $83.90M USD Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 465.10M shares Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 457.50M shares Point-in-time
Income taxes receivable IncomeTaxesReceivable $337.00M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $338.70M USD Point-in-time
Ordinary shares, shares outstanding (in shares) CommonStockSharesOutstanding 457.50M shares Point-in-time
Ordinary shares, shares outstanding (in shares) CommonStockSharesOutstanding 465.10M shares Point-in-time
Canceled shares (in shares) CommonStockSharesCancelled 7.70M shares Point-in-time
Advances paid to suppliers AdvancesOnInventoryPurchases $300.00M USD Point-in-time
Advances paid to suppliers AdvancesOnInventoryPurchases $391.30M USD Point-in-time
Canceled shares (in shares) CommonStockSharesCancelled 2.10M shares Point-in-time
Ordinary shares, held in employee benefit trust (in shares) CommonStockSharesHeldInEmployeeTrustShares 100,000.00 shares Point-in-time
Ordinary shares, held in employee benefit trust (in shares) CommonStockSharesHeldInEmployeeTrustShares 100,000.00 shares Point-in-time
Other current assets (Note 8) OtherAssetsCurrent $866.40M USD Point-in-time
Other current assets (Note 8) OtherAssetsCurrent $1.21B USD Point-in-time
Total current assets AssetsCurrent $11.84B USD Point-in-time
Total current assets AssetsCurrent $12.98B USD Point-in-time
Investments in equity affiliates EquityMethodInvestments $272.50M USD Point-in-time
Investments in equity affiliates EquityMethodInvestments $346.60M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $1,964.5 in 2018 and $1,947.9 in 2017 PropertyPlantAndEquipmentNet $3.70B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $1,964.5 in 2018 and $1,947.9 in 2017 PropertyPlantAndEquipmentNet $3.87B USD Point-in-time
Goodwill Goodwill $9.01B USD Point-in-time
Goodwill Goodwill $8.93B USD Point-in-time
Intangible assets, net of accumulated amortization of $571.9 in 2018 and $486.9 in 2017 IntangibleAssetsNetExcludingGoodwill $1.25B USD Point-in-time
Intangible assets, net of accumulated amortization of $571.9 in 2018 and $486.9 in 2017 IntangibleAssetsNetExcludingGoodwill $1.33B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $442.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $454.70M USD Point-in-time
Derivative financial instruments (Note 17) DerivativeAssetsNoncurrent $84.60M USD Point-in-time
Derivative financial instruments (Note 17) DerivativeAssetsNoncurrent $94.90M USD Point-in-time
Other assets OtherAssetsNoncurrent $329.40M USD Point-in-time
Other assets OtherAssetsNoncurrent $382.40M USD Point-in-time
Total assets Assets $27.06B USD Point-in-time
Total assets Assets $28.26B USD Point-in-time
Short-term debt and current portion of long-term debt (Note 11) LongTermDebtCurrent $77.10M USD Point-in-time
Short-term debt and current portion of long-term debt (Note 11) LongTermDebtCurrent $78.50M USD Point-in-time
Accounts payable, trade AccountsPayableCurrent $2.92B USD Point-in-time
Accounts payable, trade AccountsPayableCurrent $3.96B USD Point-in-time
Contract liabilities BillingsInExcessOfCostCurrent $3.97B USD Point-in-time
Contract liabilities BillingsInExcessOfCostCurrent $3.31B USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $402.20M USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $350.70M USD Point-in-time
Derivative financial instruments (Note 17) DerivativeLiabilitiesCurrent $69.00M USD Point-in-time
Derivative financial instruments (Note 17) DerivativeLiabilitiesCurrent $97.90M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $255.30M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $320.30M USD Point-in-time
Other current liabilities (Note 8) OtherLiabilitiesCurrent $1.48B USD Point-in-time
Other current liabilities (Note 8) OtherLiabilitiesCurrent $1.69B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.83B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.16B USD Point-in-time
Long-term debt, less current portion (Note 11) LongTermDebtNoncurrent $3.78B USD Point-in-time
Long-term debt, less current portion (Note 11) LongTermDebtNoncurrent $3.79B USD Point-in-time
Accrued pension and other post-retirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $282.00M USD Point-in-time
Accrued pension and other post-retirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $242.40M USD Point-in-time
Derivative financial instruments (Note 17) DerivativeLiabilitiesNoncurrent $88.30M USD Point-in-time
Derivative financial instruments (Note 17) DerivativeLiabilitiesNoncurrent $68.10M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $355.80M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $419.70M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $477.20M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $379.20M USD Point-in-time
Total Liabilities Liabilities $14.85B USD Point-in-time
Total Liabilities Liabilities $14.01B USD Point-in-time
Commitments and contingent liabilities (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 15) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $39.70M USD Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares and 525.0 shares authorized in 2018 and 2017, respectively; 457.5 shares and 465.1 shares issued and outstanding in 2018 and 2017, respectively; 7.7 and 2.1 shares canceled in 2018 and 2017, respectively CommonStockValue $457.50M USD Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares and 525.0 shares authorized in 2018 and 2017, respectively; 457.5 shares and 465.1 shares issued and outstanding in 2018 and 2017, respectively; 7.7 and 2.1 shares canceled in 2018 and 2017, respectively CommonStockValue $465.10M USD Point-in-time
Ordinary shares held in employee benefit trust, at cost; 0.1 shares in 2018 and 2017 CommonStockHeldInTrust $3.90M USD Point-in-time
Ordinary shares held in employee benefit trust, at cost; 0.1 shares in 2018 and 2017 CommonStockHeldInTrust $4.80M USD Point-in-time
Capital in excess of par value of ordinary shares AdditionalPaidInCapitalCommonStock $10.34B USD Point-in-time
Capital in excess of par value of ordinary shares AdditionalPaidInCapitalCommonStock $10.48B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.38B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.45B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.00B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.18B USD Point-in-time
Total TechnipFMC plc stockholders equity StockholdersEquity $13.39B USD Point-in-time
Total TechnipFMC plc stockholders equity StockholdersEquity $12.99B USD Point-in-time
Noncontrolling interests MinorityInterest $22.40M USD Point-in-time
Noncontrolling interests MinorityInterest $21.50M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.01B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.41B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $28.26B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $27.06B USD Point-in-time
Income Statement 96 line items
Line Item Tag Value Unit Period
Lease and other revenue OtherSalesRevenueNet $89.60M USD 2 Qtrs
Lease and other revenue OtherSalesRevenueNet $55.90M USD 1 Quarter
Lease and other revenue OtherSalesRevenueNet $102.70M USD 2 Qtrs
Lease and other revenue OtherSalesRevenueNet $53.30M USD 1 Quarter
Total revenue SalesRevenueNet $2.96B USD 1 Quarter
Total revenue SalesRevenueNet $7.23B USD 2 Qtrs
Total revenue SalesRevenueNet $6.09B USD 2 Qtrs
Total revenue SalesRevenueNet $3.85B USD 1 Quarter
Cost of service revenue CostOfServices $3.80B USD 2 Qtrs
Cost of service revenue CostOfServices $2.51B USD 1 Quarter
Cost of service revenue CostOfServices $1.85B USD 1 Quarter
Cost of service revenue CostOfServices $4.89B USD 2 Qtrs
Cost of product revenue CostOfGoodsSold $544.10M USD 1 Quarter
Cost of product revenue CostOfGoodsSold $1.19B USD 2 Qtrs
Cost of product revenue CostOfGoodsSold $1.08B USD 2 Qtrs
Cost of product revenue CostOfGoodsSold $614.80M USD 1 Quarter
Cost of lease and other revenue OtherCostOfOperatingRevenue $37.70M USD 1 Quarter
Cost of lease and other revenue OtherCostOfOperatingRevenue $31.20M USD 1 Quarter
Cost of lease and other revenue OtherCostOfOperatingRevenue $62.70M USD 2 Qtrs
Cost of lease and other revenue OtherCostOfOperatingRevenue $68.50M USD 2 Qtrs
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $522.10M USD 2 Qtrs
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $281.40M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $584.50M USD 2 Qtrs
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $268.00M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $92.50M USD 2 Qtrs
Research and development expense ResearchAndDevelopmentExpense $94.70M USD 2 Qtrs
Research and development expense ResearchAndDevelopmentExpense $53.60M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $49.10M USD 1 Quarter
Impairment, restructuring and other expenses (Note 14) RestructuringSettlementAndImpairmentProvisions $22.90M USD 2 Qtrs
Impairment, restructuring and other expenses (Note 14) RestructuringSettlementAndImpairmentProvisions $-2.60M USD 2 Qtrs
Impairment, restructuring and other expenses (Note 14) RestructuringSettlementAndImpairmentProvisions $-12.30M USD 1 Quarter
Impairment, restructuring and other expenses (Note 14) RestructuringSettlementAndImpairmentProvisions $11.40M USD 1 Quarter
Merger transaction and integration costs (Note 2) BusinessCombinationAcquisitionandIntegrationRelatedCosts $23.30M USD 1 Quarter
Merger transaction and integration costs (Note 2) BusinessCombinationAcquisitionandIntegrationRelatedCosts $9.00M USD 1 Quarter
Merger transaction and integration costs (Note 2) BusinessCombinationAcquisitionandIntegrationRelatedCosts $78.00M USD 2 Qtrs
Merger transaction and integration costs (Note 2) BusinessCombinationAcquisitionandIntegrationRelatedCosts $14.60M USD 2 Qtrs
Total costs and expenses CostsAndExpenses $5.66B USD 2 Qtrs
Total costs and expenses CostsAndExpenses $3.49B USD 1 Quarter
Total costs and expenses CostsAndExpenses $6.83B USD 2 Qtrs
Total costs and expenses CostsAndExpenses $2.78B USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $13.20M USD 2 Qtrs
Other income (expense), net OtherNonoperatingIncomeExpense $2.20M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-23.00M USD 2 Qtrs
Other income (expense), net OtherNonoperatingIncomeExpense $-50.30M USD 1 Quarter
Income from equity affiliates (Note 9) IncomeLossFromEquityMethodInvestments $40.20M USD 1 Quarter
Income from equity affiliates (Note 9) IncomeLossFromEquityMethodInvestments $12.70M USD 1 Quarter
Income from equity affiliates (Note 9) IncomeLossFromEquityMethodInvestments $22.10M USD 2 Qtrs
Income from equity affiliates (Note 9) IncomeLossFromEquityMethodInvestments $54.20M USD 2 Qtrs
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $317.30M USD 1 Quarter
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $225.70M USD 1 Quarter
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $436.00M USD 2 Qtrs
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $453.80M USD 2 Qtrs
Net interest expense InterestIncomeExpenseNonoperatingNet $-154.20M USD 2 Qtrs
Net interest expense InterestIncomeExpenseNonoperatingNet $-72.10M USD 1 Quarter
Net interest expense InterestIncomeExpenseNonoperatingNet $-50.90M USD 1 Quarter
Net interest expense InterestIncomeExpenseNonoperatingNet $-138.30M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $315.50M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $281.80M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $245.20M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $174.80M USD 1 Quarter
Provision for income taxes (Note 16) IncomeTaxExpenseBenefit $138.00M USD 2 Qtrs
Provision for income taxes (Note 16) IncomeTaxExpenseBenefit $114.00M USD 2 Qtrs
Provision for income taxes (Note 16) IncomeTaxExpenseBenefit $86.20M USD 1 Quarter
Provision for income taxes (Note 16) IncomeTaxExpenseBenefit $64.70M USD 1 Quarter
Net income ProfitLoss $143.80M USD 2 Qtrs
Net income ProfitLoss $201.50M USD 2 Qtrs
Net income ProfitLoss $110.10M USD 1 Quarter
Net income ProfitLoss $159.00M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-5.90M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $700.00K USD 2 Qtrs
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.40M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-2.40M USD 2 Qtrs
Net income attributable to TechnipFMC plc NetIncomeLoss $200.80M USD 2 Qtrs
Net income attributable to TechnipFMC plc NetIncomeLoss $105.70M USD 1 Quarter
Net income attributable to TechnipFMC plc NetIncomeLoss $164.90M USD 1 Quarter
Net income attributable to TechnipFMC plc NetIncomeLoss $146.20M USD 2 Qtrs
Basic (usd per share) EarningsPerShareBasic $0.23 USD 1 Quarter
Basic (usd per share) EarningsPerShareBasic $0.35 USD 1 Quarter
Basic (usd per share) EarningsPerShareBasic $0.31 USD 2 Qtrs
Basic (usd per share) EarningsPerShareBasic $0.43 USD 2 Qtrs
Diluted (usd per share) EarningsPerShareDiluted $0.35 USD 1 Quarter
Diluted (usd per share) EarningsPerShareDiluted $0.31 USD 2 Qtrs
Diluted (usd per share) EarningsPerShareDiluted $0.43 USD 2 Qtrs
Diluted (usd per share) EarningsPerShareDiluted $0.23 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 466.70M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 466.70M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 461.40M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 462.80M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 463.30M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 468.40M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 468.20M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 464.20M shares 2 Qtrs
Cash dividends declared per share (usd per share) CommonStockDividendsPerShareDeclared $0.13 USD 1 Quarter
Cash dividends declared per share (usd per share) CommonStockDividendsPerShareDeclared - USD 1 Quarter
Cash dividends declared per share (usd per share) CommonStockDividendsPerShareDeclared $0.26 USD 2 Qtrs
Cash dividends declared per share (usd per share) CommonStockDividendsPerShareDeclared - USD 2 Qtrs
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $143.80M USD 2 Qtrs
Net income ProfitLoss $201.50M USD 2 Qtrs
Net income ProfitLoss $110.10M USD 1 Quarter
Net income ProfitLoss $159.00M USD 1 Quarter
Depreciation Depreciation $183.30M USD 2 Qtrs
Depreciation Depreciation $179.60M USD 2 Qtrs
Amortization AdjustmentForAmortization $127.40M USD 2 Qtrs
Amortization AdjustmentForAmortization $90.90M USD 2 Qtrs
Employee benefit plan and share-based compensation costs EmployeeBenefitsAndShareBasedCompensation $16.20M USD 2 Qtrs
Employee benefit plan and share-based compensation costs EmployeeBenefitsAndShareBasedCompensation $15.90M USD 2 Qtrs
Deferred income tax provision (benefit), net DeferredIncomeTaxExpenseBenefit $-49.70M USD 2 Qtrs
Deferred income tax provision (benefit), net DeferredIncomeTaxExpenseBenefit $-36.20M USD 2 Qtrs
Unrealized loss (gain) on derivative instruments and foreign exchange UnrealizedGainLossOnDerivatives $36.10M USD 2 Qtrs
Unrealized loss (gain) on derivative instruments and foreign exchange UnrealizedGainLossOnDerivatives $-31.50M USD 2 Qtrs
Impairments AssetImpairmentCharges $800.00K USD 2 Qtrs
Impairments AssetImpairmentCharges $12.50M USD 2 Qtrs
Income from equity affiliates, net of dividends received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $19.80M USD 2 Qtrs
Income from equity affiliates, net of dividends received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $51.80M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $8.40M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $51.00M USD 2 Qtrs
Trade receivables, net and contract assets IncreaseDecreaseInReceivables $173.60M USD 2 Qtrs
Trade receivables, net and contract assets IncreaseDecreaseInReceivables $-715.10M USD 2 Qtrs
Inventories, net IncreaseDecreaseInInventories $154.20M USD 2 Qtrs
Inventories, net IncreaseDecreaseInInventories $-190.20M USD 2 Qtrs
Accounts payable, trade IncreaseDecreaseInAccountsPayable $-245.30M USD 2 Qtrs
Accounts payable, trade IncreaseDecreaseInAccountsPayable $-912.10M USD 2 Qtrs
Contract liabilities IncreaseDecreaseinBillingsinExcessofCostofEarningsandDeferredRevenue $308.10M USD 2 Qtrs
Contract liabilities IncreaseDecreaseinBillingsinExcessofCostofEarningsandDeferredRevenue $-376.20M USD 2 Qtrs
Income taxes payable (receivable), net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $-82.40M USD 2 Qtrs
Income taxes payable (receivable), net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $-77.40M USD 2 Qtrs
Other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $281.40M USD 2 Qtrs
Other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-29.10M USD 2 Qtrs
Cash provided (required) by operating activities NetCashProvidedByUsedInOperatingActivities $294.30M USD 2 Qtrs
Cash provided (required) by operating activities NetCashProvidedByUsedInOperatingActivities $-485.20M USD 2 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $107.50M USD 2 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $134.80M USD 2 Qtrs
Cash acquired in merger of FMC Technologies, Inc. and Technip S.A. CashAcquiredFromAcquisition $1.48B USD 2 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $103.40M USD 2 Qtrs
Cash divested from deconsolidation ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries $1.70M USD 2 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $3.30M USD 2 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $6.20M USD 2 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $5.40M USD 2 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $-11.80M USD 2 Qtrs
Cash provided (required) by investing activities NetCashProvidedByUsedInInvestingActivities $1.39B USD 2 Qtrs
Cash provided (required) by investing activities NetCashProvidedByUsedInInvestingActivities $-235.70M USD 2 Qtrs
Net decrease in short-term debt ProceedsFromRepaymentsOfShortTermDebt $-16.70M USD 2 Qtrs
Net decrease in short-term debt ProceedsFromRepaymentsOfShortTermDebt $-22.40M USD 2 Qtrs
Net increase (decrease) in commercial paper ProceedsFromRepaymentsOfCommercialPaper $-98.20M USD 2 Qtrs
Net increase (decrease) in commercial paper ProceedsFromRepaymentsOfCommercialPaper $83.70M USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $2.50M USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $5.60M USD 2 Qtrs
Repayments of long-term debt RepaymentsOfLongTermDebt $554.60M USD 2 Qtrs
Payments related to taxes withheld on share-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $46.60M USD 2 Qtrs
Purchase of treasury shares PaymentsForRepurchaseOfCommonStock $226.30M USD 2 Qtrs
Dividends paid PaymentsOfDividends $120.20M USD 2 Qtrs
Dividends paid PaymentsOfDividends - USD 2 Qtrs
Settlements of mandatorily redeemable financial liability ProceedsfromRepurchaseofRedeemableFinancialLiability $-124.20M USD 2 Qtrs
Settlements of mandatorily redeemable financial liability ProceedsfromRepurchaseofRedeemableFinancialLiability $-76.60M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $1.00M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $1.90M USD 2 Qtrs
Cash required by financing activities NetCashProvidedByUsedInFinancingActivities $-405.90M USD 2 Qtrs
Cash required by financing activities NetCashProvidedByUsedInFinancingActivities $-785.20M USD 2 Qtrs
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-55.20M USD 2 Qtrs
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $13.90M USD 2 Qtrs
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.18B USD 2 Qtrs
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $909.80M USD 2 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $7.18B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $6.27B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $5.56B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $6.74B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $6.27B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $5.56B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $7.18B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $6.74B USD Point-in-time
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.01B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.41B USD Point-in-time
Adoption of accounting standards NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification $-91.40M USD 2 Qtrs
Net income (loss) ProfitLoss $143.80M USD 2 Qtrs
Net income (loss) ProfitLoss $201.50M USD 2 Qtrs
Net income (loss) ProfitLoss $110.10M USD 1 Quarter
Net income (loss) ProfitLoss $159.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-175.40M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-188.80M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $62.00M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-5.00M USD 1 Quarter
Cancellation of treasury shares StockRepurchasedAndRetiredDuringPeriodValue $242.00M USD 2 Qtrs
Issuance of ordinary shares StockIssuedDuringPeriodValueNewIssues $200.00K USD 2 Qtrs
Net sales of ordinary shares for employee benefit trust OrdinarySharesHeldinTrustValueActivity $900.00K USD 2 Qtrs
Dividends Dividends $120.20M USD 2 Qtrs
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $25.80M USD 2 Qtrs
Other StockholdersEquityOther $900.00K USD 2 Qtrs
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.01B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.41B USD Point-in-time
Comprehensive Income 67 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $143.80M USD 2 Qtrs
Net income ProfitLoss $201.50M USD 2 Qtrs
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-500.00K USD 1 Quarter
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-3.90M USD 2 Qtrs
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-3.20M USD 1 Quarter
Net income ProfitLoss $110.10M USD 1 Quarter
Net income ProfitLoss $159.00M USD 1 Quarter
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-500.00K USD 2 Qtrs
Net unrealized gains (losses) on available-for-sale securities, tax (expense) benefit OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-41.50M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-142.50M USD 1 Quarter
Net unrealized gains (losses) on available-for-sale securities, tax (expense) benefit OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-34.90M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-140.10M USD 2 Qtrs
Net unrealized gains (losses) on available-for-sale securities, tax (expense) benefit OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax - USD 2 Qtrs
Net unrealized gains (losses) on available-for-sale securities, tax (expense) benefit OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax - USD 2 Qtrs
Net gains (losses) on hedging instruments, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $8.90M USD 2 Qtrs
Net gains (losses) on hedging instruments, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $-18.70M USD 1 Quarter
Net gains (losses) on hedging instruments, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $-37.30M USD 2 Qtrs
Net gains (losses) on hedging instruments, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $12.10M USD 1 Quarter
Net pensions and other post-retirement benefits, tax (expense) benefit OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $200.00K USD 1 Quarter
Net pensions and other post-retirement benefits, tax (expense) benefit OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $400.00K USD 2 Qtrs
Net pensions and other post-retirement benefits, tax (expense) benefit OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-200.00K USD 2 Qtrs
Net unrealized gains arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-800.00K USD 1 Quarter
Net pensions and other post-retirement benefits, tax (expense) benefit OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-400.00K USD 1 Quarter
Net unrealized gains (losses) on available-for-sale securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-800.00K USD 1 Quarter
Net gain (losses) arising during the period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $17.60M USD 1 Quarter
Net gain (losses) arising during the period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $42.30M USD 2 Qtrs
Net gain (losses) arising during the period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-43.40M USD 1 Quarter
Net gain (losses) arising during the period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-32.20M USD 2 Qtrs
Reclassification adjustment for net (gains) losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $3.40M USD 2 Qtrs
Reclassification adjustment for net (gains) losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $3.60M USD 1 Quarter
Reclassification adjustment for net (gains) losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-20.30M USD 1 Quarter
Reclassification adjustment for net (gains) losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-54.70M USD 2 Qtrs
Net gain (loss) on hedging instruments(c) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $37.90M USD 1 Quarter
Net gain (loss) on hedging instruments(c) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $97.00M USD 2 Qtrs
Net gain (loss) on hedging instruments(c) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-35.60M USD 2 Qtrs
Net gain (loss) on hedging instruments(c) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-47.00M USD 1 Quarter
Net gains (losses) arising during the period OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-1.20M USD 1 Quarter
Net gains (losses) arising during the period OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-1.20M USD 2 Qtrs
Net gains (losses) arising during the period OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $400.00K USD 1 Quarter
Reclassification adjustment for amortization of prior service cost included in net income OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $100.00K USD 1 Quarter
Reclassification adjustment for amortization of prior service cost included in net income OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $300.00K USD 1 Quarter
Reclassification adjustment for amortization of prior service cost included in net income OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $300.00K USD 2 Qtrs
Reclassification adjustment for amortization of prior service cost included in net income OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $200.00K USD 2 Qtrs
Reclassification adjustment for amortization of net actuarial loss included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax $-900.00K USD 2 Qtrs
Reclassification adjustment for amortization of net actuarial loss included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax $-500.00K USD 1 Quarter
Net pension and other postretirement benefits(d) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $100.00K USD 2 Qtrs
Net pension and other postretirement benefits(d) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-300.00K USD 2 Qtrs
Net pension and other postretirement benefits(d) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $600.00K USD 1 Quarter
Net pension and other postretirement benefits(d) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-700.00K USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $62.00M USD 2 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-5.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-188.80M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-175.40M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-78.70M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $205.80M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $26.10M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $154.00M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.80M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.70M USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-5.90M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-2.20M USD 2 Qtrs
Comprehensive income (loss) attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $159.90M USD 1 Quarter
Comprehensive income (loss) attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $208.00M USD 2 Qtrs
Comprehensive income (loss) attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $-82.50M USD 1 Quarter
Comprehensive income (loss) attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $24.40M USD 2 Qtrs

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

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