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10-Q Filing

TechnipFMC plc CIK: 1681459 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001681459-19-000064
Period End Date 20190331
Filing Date 20190509
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance fti-20190331.xml
Balance Sheet 109 line items
Line Item Tag Value Unit Period
Receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $119.60M USD Point-in-time
Receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $124.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.54B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.07B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.14B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.22B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.97B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.74B USD Point-in-time
Trade receivables, net of allowances of $124.7 in 2019 and $119.6 in 2018 ReceivablesNetCurrent $2.47B USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $658.10M USD Point-in-time
Trade receivables, net of allowances of $124.7 in 2019 and $119.6 in 2018 ReceivablesNetCurrent $2.25B USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $685.20M USD Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent $1.38B USD Point-in-time
Ordinary shares, par value (in dollars) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Ordinary shares, par value (in dollars) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent $1.29B USD Point-in-time
Ordinary shares, shares authorized (in shares) CommonStockSharesAuthorized 618.30M shares Point-in-time
Inventories, net (Note 8) InventoryNet $1.25B USD Point-in-time
Ordinary shares, shares authorized (in shares) CommonStockSharesAuthorized 618.30M shares Point-in-time
Inventories, net (Note 8) InventoryNet $1.32B USD Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 450.50M shares Point-in-time
Derivative financial instruments (Note 18) DerivativeAssetsCurrent $95.70M USD Point-in-time
Derivative financial instruments (Note 18) DerivativeAssetsCurrent $89.70M USD Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 448.30M shares Point-in-time
Ordinary shares, shares outstanding (in shares) CommonStockSharesOutstanding 450.50M shares Point-in-time
Ordinary shares, shares outstanding (in shares) CommonStockSharesOutstanding 448.30M shares Point-in-time
Income taxes receivable IncomeTaxesReceivable $342.70M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $284.30M USD Point-in-time
Canceled shares (in shares) CommonStockSharesCancelled 2.20M shares Point-in-time
Canceled shares (in shares) CommonStockSharesCancelled 14.80M shares Point-in-time
Advances paid to suppliers AdvancesOnInventoryPurchases $156.40M USD Point-in-time
Advances paid to suppliers AdvancesOnInventoryPurchases $189.70M USD 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 0.00 shares Point-in-time
Other current assets (Note 9) OtherAssetsCurrent $748.80M USD Point-in-time
Other current assets (Note 9) OtherAssetsCurrent $655.60M USD Point-in-time
Total current assets AssetsCurrent $11.25B USD Point-in-time
Total current assets AssetsCurrent $11.78B USD Point-in-time
Investments in equity affiliates EquityMethodInvestments $394.50M USD Point-in-time
Investments in equity affiliates EquityMethodInvestments $401.90M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,144.1 in 2019 and $2,068.5 in 2018 PropertyPlantAndEquipmentNet $3.26B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,144.1 in 2019 and $2,068.5 in 2018 PropertyPlantAndEquipmentNet $3.38B USD Point-in-time
Operating lease right-of-use assets (Note 4) OperatingLeaseRightOfUseAsset $1.06B USD Point-in-time
Operating lease right-of-use assets (Note 4) OperatingLeaseRightOfUseAsset $1.12B USD Point-in-time
Goodwill Goodwill $7.61B USD Point-in-time
Goodwill Goodwill $7.60B USD Point-in-time
Intangible assets, net of accumulated amortization of $685.2 in 2019 and $658.1 in 2018 IntangibleAssetsNetExcludingGoodwill $1.16B USD Point-in-time
Intangible assets, net of accumulated amortization of $685.2 in 2019 and $658.1 in 2018 IntangibleAssetsNetExcludingGoodwill $1.18B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $232.40M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $389.60M USD Point-in-time
Derivative financial instruments (Note 18) DerivativeAssetsNoncurrent $22.90M USD Point-in-time
Derivative financial instruments (Note 18) DerivativeAssetsNoncurrent $18.30M USD Point-in-time
Other assets OtherAssetsNoncurrent $314.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $357.30M USD Point-in-time
Total assets Assets $24.78B USD Point-in-time
Total assets Assets $25.63B USD Point-in-time
Short-term debt and current portion of long-term debt (Note 12) LongTermDebtCurrent $67.40M USD Point-in-time
Short-term debt and current portion of long-term debt (Note 12) LongTermDebtCurrent $208.90M USD Point-in-time
Operating lease liabilities (Note 4) OperatingLeaseLiabilityCurrent $308.70M USD Point-in-time
Accounts payable, trade AccountsPayableCurrent $2.46B USD Point-in-time
Accounts payable, trade AccountsPayableCurrent $2.60B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $4.09B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $4.25B USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $378.50M USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $394.70M USD Point-in-time
Derivative financial instruments (Note 18) DerivativeLiabilitiesCurrent $138.40M USD Point-in-time
Derivative financial instruments (Note 18) DerivativeLiabilitiesCurrent $145.90M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $161.40M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $81.90M USD Point-in-time
Other current liabilities (Note 9) OtherLiabilitiesCurrent $1.71B USD Point-in-time
Other current liabilities (Note 9) OtherLiabilitiesCurrent $1.77B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.14B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.63B USD Point-in-time
Long-term debt, less current portion (Note 12) LongTermDebtNoncurrent $4.12B USD Point-in-time
Long-term debt, less current portion (Note 12) LongTermDebtNoncurrent $3.73B USD Point-in-time
Operating lease liabilities (Note 4) OperatingLeaseLiabilityNoncurrent $825.20M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $275.80M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $209.20M USD Point-in-time
Accrued pension and other post-retirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $298.90M USD Point-in-time
Accrued pension and other post-retirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $289.30M USD Point-in-time
Derivative financial instruments (Note 18) DerivativeLiabilitiesNoncurrent $44.90M USD Point-in-time
Derivative financial instruments (Note 18) DerivativeLiabilitiesNoncurrent $53.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $540.40M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $421.00M USD Point-in-time
Total liabilities Liabilities $14.36B USD Point-in-time
Total liabilities Liabilities $15.22B USD Point-in-time
Commitments and contingent liabilities (Note 16) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 16) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interest (Note 19) RedeemableNoncontrollingInterestEquityCarryingAmount $38.50M USD Point-in-time
Redeemable noncontrolling interest (Note 19) RedeemableNoncontrollingInterestEquityCarryingAmount $38.50M USD Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares and 618.3 shares authorized in 2019 and 2018, respectively; 448.3 shares and 450.5 shares issued and outstanding in 2019 and 2018, respectively; 2.2 and 14.8 shares canceled in 2019 and 2018, respectively CommonStockValue $448.30M USD Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares and 618.3 shares authorized in 2019 and 2018, respectively; 448.3 shares and 450.5 shares issued and outstanding in 2019 and 2018, respectively; 2.2 and 14.8 shares canceled in 2019 and 2018, respectively CommonStockValue $450.50M USD Point-in-time
Ordinary shares held in employee benefit trust, at cost; nil and 0.1 shares in 2019 and 2018, respectively CommonStockHeldInTrust $2.40M USD Point-in-time
Capital in excess of par value of ordinary shares AdditionalPaidInCapitalCommonStock $10.17B USD Point-in-time
Capital in excess of par value of ordinary shares AdditionalPaidInCapitalCommonStock $10.20B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.05B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.07B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.32B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.36B USD Point-in-time
Total TechnipFMC plc stockholders equity StockholdersEquity $10.36B USD Point-in-time
Total TechnipFMC plc stockholders equity StockholdersEquity $10.34B USD Point-in-time
Noncontrolling interests MinorityInterest $30.90M USD Point-in-time
Noncontrolling interests MinorityInterest $31.30M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.37B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.24B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.37B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $24.78B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $25.63B USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Lease revenue LeaseIncome $49.40M USD 1 Quarter
Lease revenue LeaseIncome $62.60M USD 1 Quarter
Total revenue Revenues $3.13B USD 1 Quarter
Total revenue Revenues $2.91B USD 1 Quarter
Cost of lease revenue LeasesIncomeStatementCost $37.30M USD 1 Quarter
Cost of lease revenue LeasesIncomeStatementCost $46.00M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $297.80M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $303.10M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $41.10M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $39.90M USD 1 Quarter
Impairment, restructuring and other expenses (Note 15) RestructuringSettlementAndImpairmentProvisions $11.50M USD 1 Quarter
Impairment, restructuring and other expenses (Note 15) RestructuringSettlementAndImpairmentProvisions $16.50M USD 1 Quarter
Merger transaction and integration costs BusinessCombinationAcquisitionandIntegrationRelatedCosts $5.60M USD 1 Quarter
Merger transaction and integration costs BusinessCombinationAcquisitionandIntegrationRelatedCosts $12.10M USD 1 Quarter
Total costs and expenses CostsAndExpenses $2.78B USD 1 Quarter
Total costs and expenses CostsAndExpenses $2.89B USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-26.20M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-25.20M USD 1 Quarter
Income from equity affiliates (Note 10) IncomeLossFromEquityMethodInvestments $14.00M USD 1 Quarter
Income from equity affiliates (Note 10) IncomeLossFromEquityMethodInvestments $13.90M USD 1 Quarter
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $228.10M USD 1 Quarter
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $122.50M USD 1 Quarter
Net interest expense InterestIncomeExpenseNonoperatingNet $-87.40M USD 1 Quarter
Net interest expense InterestIncomeExpenseNonoperatingNet $-88.20M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $34.30M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $140.70M USD 1 Quarter
Provision for income taxes (Note 17) IncomeTaxExpenseBenefit $49.30M USD 1 Quarter
Provision for income taxes (Note 17) IncomeTaxExpenseBenefit $14.50M USD 1 Quarter
Net income ProfitLoss $19.80M USD 1 Quarter
Net income ProfitLoss $91.40M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-1.10M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-3.70M USD 1 Quarter
Net income attributable to TechnipFMC plc NetIncomeLoss $20.90M USD 1 Quarter
Net income attributable to TechnipFMC plc NetIncomeLoss $95.10M USD 1 Quarter
Basic (usd per share) EarningsPerShareBasic $0.05 USD 1 Quarter
Basic (usd per share) EarningsPerShareBasic $0.20 USD 1 Quarter
Diluted (usd per share) EarningsPerShareDiluted $0.05 USD 1 Quarter
Diluted (usd per share) EarningsPerShareDiluted $0.20 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 464.30M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 450.10M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 453.30M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 465.70M shares 1 Quarter
Cash Flow Statement 71 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $19.80M USD 1 Quarter
Net income ProfitLoss $91.40M USD 1 Quarter
Depreciation Depreciation $88.90M USD 1 Quarter
Depreciation Depreciation $86.40M USD 1 Quarter
Amortization AdjustmentForAmortization $30.50M USD 1 Quarter
Amortization AdjustmentForAmortization $45.40M USD 1 Quarter
Impairments AssetImpairmentCharges $400.00K USD 1 Quarter
Impairments AssetImpairmentCharges $900.00K USD 1 Quarter
Employee benefit plan and share-based compensation costs EmployeeBenefitsAndShareBasedCompensation $20.90M USD 1 Quarter
Employee benefit plan and share-based compensation costs EmployeeBenefitsAndShareBasedCompensation $7.40M USD 1 Quarter
Deferred income tax provision (benefit), net DeferredIncomeTaxExpenseBenefit $-90.80M USD 1 Quarter
Deferred income tax provision (benefit), net DeferredIncomeTaxExpenseBenefit $-59.90M USD 1 Quarter
Unrealized loss on derivative instruments and foreign exchange UnrealizedGainLossOnDerivatives $-7.30M USD 1 Quarter
Unrealized loss on derivative instruments and foreign exchange UnrealizedGainLossOnDerivatives $-29.20M USD 1 Quarter
Income from equity affiliates, net of dividends received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $9.90M USD 1 Quarter
Income from equity affiliates, net of dividends received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $13.20M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $136.00M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $72.70M USD 1 Quarter
Trade receivables, net and contract assets IncreaseDecreaseInReceivables $-131.80M USD 1 Quarter
Trade receivables, net and contract assets IncreaseDecreaseInReceivables $522.70M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $61.50M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $59.70M USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayable $-148.60M USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayable $-332.20M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $462.00M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $186.10M USD 1 Quarter
Income taxes payable (receivable), net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $20.80M USD 1 Quarter
Income taxes payable (receivable), net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $15.90M USD 1 Quarter
Other current assets and liabilities, net IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet $-39.70M USD 1 Quarter
Other current assets and liabilities, net IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet $126.30M USD 1 Quarter
Other noncurrent assets and liabilities, net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $105.80M USD 1 Quarter
Other noncurrent assets and liabilities, net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $43.10M USD 1 Quarter
Cash provided (required) by operating activities NetCashProvidedByUsedInOperatingActivities $-201.60M USD 1 Quarter
Cash provided (required) by operating activities NetCashProvidedByUsedInOperatingActivities $121.40M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $53.20M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $178.20M USD 1 Quarter
Payment to acquire debt securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $59.70M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $62.00M USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $900.00K USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $1.80M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $200.00K USD 1 Quarter
Cash provided (required) by investing activities NetCashProvidedByUsedInInvestingActivities $-237.00M USD 1 Quarter
Cash provided (required) by investing activities NetCashProvidedByUsedInInvestingActivities $-113.60M USD 1 Quarter
Net increase in short-term debt ProceedsFromRepaymentsOfShortTermDebt $2.40M USD 1 Quarter
Net increase in short-term debt ProceedsFromRepaymentsOfShortTermDebt $114.50M USD 1 Quarter
Net decrease in commercial paper ProceedsFromRepaymentsOfCommercialPaper $-450.40M USD 1 Quarter
Net decrease in commercial paper ProceedsFromRepaymentsOfCommercialPaper $-117.60M USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $96.20M USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $500.00K USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $5.30M USD 1 Quarter
Purchase of ordinary shares PaymentsForRepurchaseOfCommonStock $33.00M USD 1 Quarter
Purchase of ordinary shares PaymentsForRepurchaseOfCommonStock $92.60M USD 1 Quarter
Settlements of mandatorily redeemable financial liability ProceedsfromRepurchaseofRedeemableFinancialLiability - USD 1 Quarter
Settlements of mandatorily redeemable financial liability ProceedsfromRepurchaseofRedeemableFinancialLiability $-174.90M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $1.40M USD 1 Quarter
Cash required by financing activities NetCashProvidedByUsedInFinancingActivities $-447.60M USD 1 Quarter
Cash required by financing activities NetCashProvidedByUsedInFinancingActivities $-211.20M USD 1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $9.60M USD 1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-11.50M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-574.70M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-516.80M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $5.54B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $6.22B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $4.97B 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 $6.22B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $4.97B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $5.54B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $6.74B USD Point-in-time
Stockholders Equity 29 line items
Line Item Tag Value Unit Period
Cash dividends declared per share CommonStockDividendsPerShareDeclared $0.13 USD 1 Quarter
Cash dividends declared per share CommonStockDividendsPerShareDeclared $0.13 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.37B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.24B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.39B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.37B USD Point-in-time
Adoption of accounting standards NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification $1.80M USD 1 Quarter
Adoption of accounting standards NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification $-91.40M USD 1 Quarter
Net income (loss) ProfitLoss $19.80M USD 1 Quarter
Net income (loss) ProfitLoss $91.40M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $13.40M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $37.40M USD 1 Quarter
Cancellation of treasury shares StockRepurchasedAndRetiredDuringPeriodValue $50.10M USD 1 Quarter
Cancellation of treasury shares StockRepurchasedAndRetiredDuringPeriodValue $92.60M USD 1 Quarter
Issuance of ordinary shares StockIssuedDuringPeriodValueNewIssues $100.00K USD 1 Quarter
Net sales of ordinary shares for employee benefit trust OrdinarySharesHeldinTrustValueActivity $800.00K USD 1 Quarter
Net sales of ordinary shares for employee benefit trust OrdinarySharesHeldinTrustValueActivity $2.40M USD 1 Quarter
Cash dividends declared ($0.13 per share) Dividends $58.50M USD 1 Quarter
Cash dividends declared ($0.13 per share) Dividends $60.20M USD 1 Quarter
Share-based compensation (Note 14) AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $20.40M USD 1 Quarter
Share-based compensation (Note 14) AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $12.90M USD 1 Quarter
Other StockholdersEquityOther $-11.50M USD 1 Quarter
Other StockholdersEquityOther $2.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.37B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.24B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.39B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.37B USD Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 448.30M shares Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 450.50M shares Point-in-time
Comprehensive Income 29 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $19.80M USD 1 Quarter
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Net income ProfitLoss $91.40M USD 1 Quarter
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Net gains (losses) on hedging instruments, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $-3.20M USD 1 Quarter
Net gains (losses) on hedging instruments, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $100.00K USD 1 Quarter
Net gains on foreign currency translation adjustments(a) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $20.90M USD 1 Quarter
Net gains on foreign currency translation adjustments(a) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.40M USD 1 Quarter
Net pensions and other post-retirement benefits, tax (expense) benefit OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-100.00K USD 1 Quarter
Net pensions and other post-retirement benefits, tax (expense) benefit OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $200.00K USD 1 Quarter
Net gain arising during the period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $16.00M USD 1 Quarter
Net gain arising during the period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $11.20M USD 1 Quarter
Reclassification adjustment for net (gains) losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $300.00K USD 1 Quarter
Reclassification adjustment for net (gains) losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-200.00K USD 1 Quarter
Net gain on hedging instruments(b) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $11.40M USD 1 Quarter
Net gain on hedging instruments(b) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $15.70M USD 1 Quarter
Net gains (losses) arising during the period OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $500.00K USD 1 Quarter
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 $300.00K USD 1 Quarter
Net pension and other postretirement benefits(c) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $400.00K USD 1 Quarter
Net pension and other postretirement benefits(c) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-800.00K USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $13.40M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $37.40M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $57.20M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $104.80M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-2.10M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-400.00K USD 1 Quarter
Comprehensive income attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $106.90M USD 1 Quarter
Comprehensive income attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $57.60M USD 1 Quarter

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

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