10-Q Filing

TechnipFMC plc CIK: 1681459 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001681459-20-000083`
Period End Date	20200331
Filing Date	20200504
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	technipfmc2020331-10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 109 Income Statement 42 Cash Flow Statement 66 Stockholders Equity 25 Comprehensive Income 32

Balance Sheet 109 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.54B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.00B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.19B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.97B	USD	Point-in-time
Trade receivables, net of allowances of $100.8 in 2020 and $95.4 in 2019	`AccountsAndOtherReceivablesNetCurrent`	$2.21B	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$95.40M	USD	Point-in-time
Trade receivables, net of allowances of $100.8 in 2020 and $95.4 in 2019	`AccountsAndOtherReceivablesNetCurrent`	$2.29B	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$100.80M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.29B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$1.40B	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.35B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$1.52B	USD	Point-in-time
Inventories, net (Note 8)	`InventoryNet`	$1.42B	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$763.40M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$779.70M	USD	Point-in-time
Inventories, net (Note 8)	`InventoryNet`	$1.35B	USD	Point-in-time
Derivative financial instruments (Note 20)	`DerivativeAssetsCurrent`	$101.90M	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
Derivative financial instruments (Note 20)	`DerivativeAssetsCurrent`	$353.30M	USD	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	618.30M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$269.90M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$264.60M	USD	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	618.30M	shares	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	448.30M	shares	Point-in-time
Advances paid to suppliers	`AdvancesOnInventoryPurchases`	$279.70M	USD	Point-in-time
Advances paid to suppliers	`AdvancesOnInventoryPurchases`	$242.90M	USD	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	447.10M	shares	Point-in-time
Other current assets (Note 9)	`OtherAssetsCurrent`	$863.70M	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	447.10M	shares	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	448.30M	shares	Point-in-time
Other current assets (Note 9)	`OtherAssetsCurrent`	$968.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.83B	USD	Point-in-time
Canceled shares (in shares)	`CommonStockSharesCancelled`	50,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.89B	USD	Point-in-time
Canceled shares (in shares)	`CommonStockSharesCancelled`	4.00M	shares	Point-in-time
Canceled shares (in shares)	`CommonStockSharesCancelled`	-	shares	Point-in-time
Investments in equity affiliates	`EquityMethodInvestments`	$321.30M	USD	Point-in-time
Investments in equity affiliates	`EquityMethodInvestments`	$300.40M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,355.0 in 2020 and $2,288.8 in 2019	`PropertyPlantAndEquipmentNet`	$2.85B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,355.0 in 2020 and $2,288.8 in 2019	`PropertyPlantAndEquipmentNet`	$3.16B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$826.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$892.60M	USD	Point-in-time
Goodwill	`Goodwill`	$5.60B	USD	Point-in-time
Goodwill	`Goodwill`	$2.46B	USD	Point-in-time
Intangible assets, net of accumulated amortization of $779.7 in 2020 and $763.4 in 2019	`IntangibleAssetsNetExcludingGoodwill`	$1.09B	USD	Point-in-time
Intangible assets, net of accumulated amortization of $779.7 in 2020 and $763.4 in 2019	`IntangibleAssetsNetExcludingGoodwill`	$1.05B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$260.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$238.50M	USD	Point-in-time
Derivative financial instruments (Note 20)	`DerivativeAssetsNoncurrent`	$84.00M	USD	Point-in-time
Derivative financial instruments (Note 20)	`DerivativeAssetsNoncurrent`	$39.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$292.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$264.30M	USD	Point-in-time
Total assets	`Assets`	$19.93B	USD	Point-in-time
Total assets	`Assets`	$23.52B	USD	Point-in-time
Short-term debt and current portion of long-term debt (Note 14)	`LongTermDebtCurrent`	$586.70M	USD	Point-in-time
Short-term debt and current portion of long-term debt (Note 14)	`LongTermDebtCurrent`	$495.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$275.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$245.00M	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$2.55B	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$2.66B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$4.65B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$4.59B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$411.50M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$368.70M	USD	Point-in-time
Derivative financial instruments (Note 20)	`DerivativeLiabilitiesCurrent`	$485.60M	USD	Point-in-time
Derivative financial instruments (Note 20)	`DerivativeLiabilitiesCurrent`	$141.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$120.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$75.70M	USD	Point-in-time
Other current liabilities (Note 9)	`OtherLiabilitiesCurrent`	$1.49B	USD	Point-in-time
Other current liabilities (Note 9)	`OtherLiabilitiesCurrent`	$1.40B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.14B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.41B	USD	Point-in-time
Long-term debt, less current portion (Note 14)	`LongTermDebtNoncurrent`	$3.98B	USD	Point-in-time
Long-term debt, less current portion (Note 14)	`LongTermDebtNoncurrent`	$3.82B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$644.90M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$681.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$138.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$57.70M	USD	Point-in-time
Accrued pension and other post-retirement benefits, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$347.40M	USD	Point-in-time
Accrued pension and other post-retirement benefits, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$368.60M	USD	Point-in-time
Derivative financial instruments (Note 20)	`DerivativeLiabilitiesNoncurrent`	$98.20M	USD	Point-in-time
Derivative financial instruments (Note 20)	`DerivativeLiabilitiesNoncurrent`	$52.70M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$430.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$416.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$15.80B	USD	Point-in-time
Total liabilities	`Liabilities`	$15.79B	USD	Point-in-time
Commitments and contingent liabilities (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$39.50M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$41.10M	USD	Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares and 618.3 shares authorized in 2020 and 2019, respectively; 448.3 shares and 447.1 shares issued and outstanding in 2020 and 2019, respectively; 0.0 and 4.0 shares canceled in 2020 and 2019, respectively	`CommonStockValue`	$448.30M	USD	Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares and 618.3 shares authorized in 2020 and 2019, respectively; 448.3 shares and 447.1 shares issued and outstanding in 2020 and 2019, respectively; 0.0 and 4.0 shares canceled in 2020 and 2019, respectively	`CommonStockValue`	$447.10M	USD	Point-in-time
Capital in excess of par value of ordinary shares	`AdditionalPaidInCapitalCommonStock`	$10.18B	USD	Point-in-time
Capital in excess of par value of ordinary shares	`AdditionalPaidInCapitalCommonStock`	$10.20B	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-4.89B	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-1.56B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.41B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.70B	USD	Point-in-time
Total TechnipFMC plc stockholders equity	`StockholdersEquity`	$7.66B	USD	Point-in-time
Total TechnipFMC plc stockholders equity	`StockholdersEquity`	$4.06B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$28.40M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$28.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.69B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.08B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.37B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.39B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$23.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$19.93B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Lease revenue	`LeaseIncome`	$62.60M	USD	1 Quarter
Lease revenue	`LeaseIncome`	$51.00M	USD	1 Quarter
Total revenue	`Revenues`	$3.13B	USD	1 Quarter
Total revenue	`Revenues`	$2.91B	USD	1 Quarter
Cost of lease revenue	`LeasesIncomeStatementCost`	$38.00M	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`	$293.90M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$35.20M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$39.90M	USD	1 Quarter
Impairment, restructuring and other expenses (Note 17)	`RestructuringSettlementAndImpairmentProvisions`	$16.50M	USD	1 Quarter
Impairment, restructuring and other expenses (Note 17)	`RestructuringSettlementAndImpairmentProvisions`	$3.21B	USD	1 Quarter
Separation costs (Note 2)	`Separationcosts`	$27.10M	USD	1 Quarter
Merger transaction and integration costs	`BusinessCombinationIntegrationRelatedCosts`	$12.10M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.78B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$6.27B	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-28.50M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-26.20M	USD	1 Quarter
Income from equity affiliates (Note 11)	`IncomeLossFromEquityMethodInvestments`	$13.90M	USD	1 Quarter
Income from equity affiliates (Note 11)	`IncomeLossFromEquityMethodInvestments`	$28.80M	USD	1 Quarter
Income (Loss) before net interest expense and income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$122.50M	USD	1 Quarter
Income (Loss) before net interest expense and income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-3.14B	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNonoperatingNet`	$-72.30M	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`	$-3.21B	USD	1 Quarter
Provision for income taxes (Note 19)	`IncomeTaxExpenseBenefit`	$37.70M	USD	1 Quarter
Provision for income taxes (Note 19)	`IncomeTaxExpenseBenefit`	$14.50M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$19.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.25B	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.10M	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.40M	USD	1 Quarter
Net income (loss) attributable to TechnipFMC plc	`NetIncomeLoss`	$20.90M	USD	1 Quarter
Net income (loss) attributable to TechnipFMC plc	`NetIncomeLoss`	$-3.26B	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-7.28	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-7.28	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	447.50M	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`	447.50M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$19.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.25B	USD	1 Quarter
Depreciation	`Depreciation`	$89.50M	USD	1 Quarter
Depreciation	`Depreciation`	$88.90M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$30.50M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$30.90M	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$3.19B	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$900.00K	USD	1 Quarter
Employee benefit plan and share-based compensation costs	`EmployeeBenefitsAndShareBasedCompensation`	$18.30M	USD	1 Quarter
Employee benefit plan and share-based compensation costs	`EmployeeBenefitsAndShareBasedCompensation`	$20.90M	USD	1 Quarter
Deferred income tax provision (benefit), net	`DeferredIncomeTaxExpenseBenefit`	$-90.80M	USD	1 Quarter
Deferred income tax provision (benefit), net	`DeferredIncomeTaxExpenseBenefit`	$-54.30M	USD	1 Quarter
Unrealized loss on derivative instruments and foreign exchange	`UnrealizedGainLossOnDerivatives`	$-29.20M	USD	1 Quarter
Unrealized loss on derivative instruments and foreign exchange	`UnrealizedGainLossOnDerivatives`	$-105.60M	USD	1 Quarter
Income from equity affiliates, net of dividends received	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$25.40M	USD	1 Quarter
Income from equity affiliates, net of dividends received	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$9.90M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$72.70M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$47.20M	USD	1 Quarter
Trade receivables, net and contract assets	`IncreaseDecreaseInReceivables`	$50.50M	USD	1 Quarter
Trade receivables, net and contract assets	`IncreaseDecreaseInReceivables`	$-131.80M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$30.20M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$61.50M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayable`	$-148.60M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayable`	$-4.20M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$181.50M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$186.10M	USD	1 Quarter
Income taxes payable (receivable), net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$34.00M	USD	1 Quarter
Income taxes payable (receivable), net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$20.80M	USD	1 Quarter
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$126.30M	USD	1 Quarter
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$375.20M	USD	1 Quarter
Other noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-118.40M	USD	1 Quarter
Other noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$43.10M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.90M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$121.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$83.50M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$178.20M	USD	1 Quarter
Payment to acquire debt securities	`PaymentsToAcquireInvestments`	$59.70M	USD	1 Quarter
Cash received from divestiture	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$2.50M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$900.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.50M	USD	1 Quarter
Cash required by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-237.00M	USD	1 Quarter
Cash required by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.50M	USD	1 Quarter
Net increase in short-term debt	`ProceedsFromShortTermDebt`	$87.00M	USD	1 Quarter
Net increase in short-term debt	`ProceedsFromShortTermDebt`	$114.50M	USD	1 Quarter
Net decrease in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$-578.50M	USD	1 Quarter
Net decrease in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$-450.40M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$500.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$96.20M	USD	1 Quarter
Purchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$33.00M	USD	1 Quarter
Payments related to taxes withheld on share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.20M	USD	1 Quarter
Settlements of mandatorily redeemable financial liability	`ProceedsfromRepurchaseofRedeemableFinancialLiability`	$-174.90M	USD	1 Quarter
Settlements of mandatorily redeemable financial liability	`ProceedsfromRepurchaseofRedeemableFinancialLiability`	$-4.20M	USD	1 Quarter
Cash provided (required) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-447.60M	USD	1 Quarter
Cash provided (required) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.10M	USD	1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-146.30M	USD	1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.50M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-574.70M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-190.80M	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`	$5.00B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.19B	USD	Point-in-time
Cash and cash equivalents, beginning 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`	$5.00B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.19B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.97B	USD	Point-in-time

Stockholders Equity 25 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`	$4.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.37B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.69B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.39B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$20.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.26B	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$19.80M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-3.25B	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-305.30M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$37.40M	USD	1 Quarter
Cancellation of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$50.10M	USD	1 Quarter
Issuance of ordinary shares	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.40M	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`	$59.20M	USD	1 Quarter
Share-based compensation (Note 16)	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.40M	USD	1 Quarter
Share-based compensation (Note 16)	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.60M	USD	1 Quarter
Other	`StockholdersEquityOther`	$11.50M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-500.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.37B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.69B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.39B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$19.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.25B	USD	1 Quarter
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net gains (losses) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$22.50M	USD	1 Quarter
Net gains (losses) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$100.00K	USD	1 Quarter
Foreign currency translation adjustments(a)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-217.90M	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`	$-600.00K	USD	1 Quarter
Foreign currency translation adjustments(a)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.90M	USD	1 Quarter
Net gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$16.00M	USD	1 Quarter
Net gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-89.30M	USD	1 Quarter
Reclassification adjustment for net losses included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$300.00K	USD	1 Quarter
Reclassification adjustment for net losses included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-100.00K	USD	1 Quarter
Net gains (losses) on hedging instruments(b)	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$15.70M	USD	1 Quarter
Net gains (losses) on hedging instruments(b)	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-89.20M	USD	1 Quarter
Net gains (losses) arising during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$500.00K	USD	1 Quarter
Net gains (losses) arising during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-700.00K	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	1 Quarter
Reclassification adjustment for amortization of net actuarial loss included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for amortization of net actuarial loss included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-2.20M	USD	1 Quarter
Net pension and other postretirement benefits(c)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-800.00K	USD	1 Quarter
Net pension and other postretirement benefits(c)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.80M	USD	1 Quarter
Other comprehensive (income) losses, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-305.30M	USD	1 Quarter
Other comprehensive (income) losses, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$37.40M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$57.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.55B	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-700.00K	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Comprehensive income (loss) attributable to TechnipFMC plc	`ComprehensiveIncomeNetOfTax`	$57.60M	USD	1 Quarter
Comprehensive income (loss) attributable to TechnipFMC plc	`ComprehensiveIncomeNetOfTax`	$-3.55B	USD	1 Quarter

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