10-Q Filing

TechnipFMC plc CIK: 1681459 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001681459-21-000064`
Period End Date	20210331
Filing Date	20210503
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	fti-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 122 Income Statement 60 Cash Flow Statement 98 Stockholders Equity 22 Comprehensive Income 38

Balance Sheet 122 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$40.20M	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$38.50M	USD	Point-in-time
Allowance for contract assets	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss`	$1.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$935.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$752.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Allowance for contract assets	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss`	$2.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.19B	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.15B	USD	Point-in-time
Trade receivables, net of allowances of $38.5 in 2021 and $40.2 in 2020	`AccountsAndOtherReceivablesNetCurrent`	$1.05B	USD	Point-in-time
Trade receivables, net of allowances of $38.5 in 2021 and $40.2 in 2020	`AccountsAndOtherReceivablesNetCurrent`	$987.10M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.40B	USD	Point-in-time
Contract assets, net of allowances of $1.1 in 2021 and $2.4 in 2020	`ContractWithCustomerAssetNetCurrent`	$1.01B	USD	Point-in-time
Contract assets, net of allowances of $1.1 in 2021 and $2.4 in 2020	`ContractWithCustomerAssetNetCurrent`	$934.10M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$493.10M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$422.80M	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
Inventories, net (Note 8)	`InventoryNet`	$1.25B	USD	Point-in-time
Inventories, net (Note 8)	`InventoryNet`	$1.16B	USD	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	618.30M	shares	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeAssetsCurrent`	$268.70M	USD	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeAssetsCurrent`	$203.50M	USD	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	618.30M	shares	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	449.50M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$131.60M	USD	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	449.80M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$276.80M	USD	Point-in-time
Advances paid to suppliers	`AdvancesOnInventoryPurchases`	$96.30M	USD	Point-in-time
Advances paid to suppliers	`AdvancesOnInventoryPurchases`	$80.60M	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	449.50M	shares	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	449.80M	shares	Point-in-time
Other current assets (Note 9)	`OtherAssetsCurrent`	$625.80M	USD	Point-in-time
Other current assets (Note 9)	`OtherAssetsCurrent`	$662.90M	USD	Point-in-time
Investment in Technip Energies	`EquitySecuritiesFvNi`	$1.25B	USD	Point-in-time
Investment in Technip Energies	`EquitySecuritiesFvNi`	-	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$5.70B	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.44B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.26B	USD	Point-in-time
Investments in equity affiliates	`EquityMethodInvestments`	$305.50M	USD	Point-in-time
Investments in equity affiliates	`EquityMethodInvestments`	$316.90M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,400.6 in 2021 and $2,154.2 in 2020	`PropertyPlantAndEquipmentNet`	$2.74B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,400.6 in 2021 and $2,154.2 in 2020	`PropertyPlantAndEquipmentNet`	$2.69B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$750.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$784.90M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization`	$51.50M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization`	$27.50M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $422.8 in 2021 and $493.1 in 2020	`IntangibleAssetsNetExcludingGoodwill`	$851.30M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $422.8 in 2021 and $493.1 in 2020	`IntangibleAssetsNetExcludingGoodwill`	$832.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$57.30M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$49.40M	USD	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeAssetsNoncurrent`	$29.20M	USD	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeAssetsNoncurrent`	$35.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$167.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$161.80M	USD	Point-in-time
Non-current assets of discontinued operations	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$3.29B	USD	Point-in-time
Non-current assets of discontinued operations	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$11.17B	USD	Point-in-time
Total assets	`Assets`	$19.69B	USD	Point-in-time
Short-term debt and current portion of long-term debt (Note 13)	`LongTermDebtCurrent`	$624.70M	USD	Point-in-time
Short-term debt and current portion of long-term debt (Note 13)	`LongTermDebtCurrent`	$96.80M	USD	Point-in-time
Operating lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$195.50M	USD	Point-in-time
Operating lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$161.60M	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	$26.90M	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	$51.10M	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$1.20B	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$1.25B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.05B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$892.50M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$178.40M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$186.80M	USD	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeLiabilitiesCurrent`	$157.50M	USD	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeLiabilitiesCurrent`	$172.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$84.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$61.50M	USD	Point-in-time
Other current liabilities (Note 9)	`OtherLiabilitiesCurrent`	$800.10M	USD	Point-in-time
Other current liabilities (Note 9)	`OtherLiabilitiesCurrent`	$985.60M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$6.12B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.87B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.42B	USD	Point-in-time
Long-term debt, less current portion (Note 13)	`LongTermDebtNoncurrent`	$2.84B	USD	Point-in-time
Long-term debt, less current portion (Note 13)	`LongTermDebtNoncurrent`	$2.43B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$656.40M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$632.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$79.30M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$60.70M	USD	Point-in-time
Accrued pension and other post-retirement benefits, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$268.40M	USD	Point-in-time
Accrued pension and other post-retirement benefits, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$248.90M	USD	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeLiabilitiesNoncurrent`	$34.20M	USD	Point-in-time
Derivative financial instruments (Note 19)	`DerivativeLiabilitiesNoncurrent`	$18.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$103.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$119.60M	USD	Point-in-time
Non-current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	-	USD	Point-in-time
Non-current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$1.08B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.43B	USD	Point-in-time
Total liabilities	`Liabilities`	$15.43B	USD	Point-in-time
Commitments and contingent liabilities (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$43.70M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$44.60M	USD	Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2021 and 2020; 449.8 shares and 449.5 shares issued and outstanding in 2021 and 2020, respectively	`CommonStockValue`	$449.50M	USD	Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2021 and 2020; 449.8 shares and 449.5 shares issued and outstanding in 2021 and 2020, respectively	`CommonStockValue`	$449.80M	USD	Point-in-time
Capital in excess of par value of ordinary shares	`AdditionalPaidInCapitalCommonStock`	$9.15B	USD	Point-in-time
Capital in excess of par value of ordinary shares	`AdditionalPaidInCapitalCommonStock`	$10.24B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.55B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.92B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.40B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.62B	USD	Point-in-time
Total TechnipFMC plc stockholders equity	`StockholdersEquity`	$3.65B	USD	Point-in-time
Total TechnipFMC plc stockholders equity	`StockholdersEquity`	$4.15B	USD	Point-in-time
Non-controlling interests	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestContinuingOperations`	$41.40M	USD	Point-in-time
Non-controlling interests	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestContinuingOperations`	$40.40M	USD	Point-in-time
Non-controlling interests of discontinued operations	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestDiscontinuedOperations`	-	USD	Point-in-time
Non-controlling interests of discontinued operations	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestDiscontinuedOperations`	$19.70M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.70B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.08B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.17B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$19.69B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Lease revenue	`LeaseIncome`	$51.00M	USD	1 Quarter
Lease revenue	`LeaseIncome`	$32.80M	USD	1 Quarter
Total revenue	`Revenues`	$1.63B	USD	1 Quarter
Total revenue	`Revenues`	$1.58B	USD	1 Quarter
Cost of lease revenue	`LeaseCost`	$26.20M	USD	1 Quarter
Cost of lease revenue	`LeaseCost`	$38.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$147.60M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$195.30M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$16.50M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$25.40M	USD	1 Quarter
Impairment, restructuring and other expenses (Note 16)	`RestructuringSettlementAndImpairmentProvisions`	$25.50M	USD	1 Quarter
Impairment, restructuring and other expenses (Note 16)	`RestructuringSettlementAndImpairmentProvisions`	$3.20B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.63B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$4.82B	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$35.60M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-7.90M	USD	1 Quarter
Income from equity affiliates (Note 11)	`IncomeLossFromEquityMethodInvestments`	$7.70M	USD	1 Quarter
Income from equity affiliates (Note 11)	`IncomeLossFromEquityMethodInvestments`	$21.10M	USD	1 Quarter
Income from investment in Technip Energies (Note 11)	`InvestmentIncomeNet`	-	USD	1 Quarter
Income from investment in Technip Energies (Note 11)	`InvestmentIncomeNet`	$470.10M	USD	1 Quarter
Income (loss) before net interest expense and income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$514.60M	USD	1 Quarter
Income (loss) before net interest expense and income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-3.23B	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$9.80M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$32.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$38.60M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-23.50M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.25B	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$456.60M	USD	1 Quarter
Provision (benefit) for income taxes (Note 18)	`IncomeTaxExpenseBenefit`	$-23.20M	USD	1 Quarter
Provision (benefit) for income taxes (Note 18)	`IncomeTaxExpenseBenefit`	$24.50M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$432.10M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-3.23B	USD	1 Quarter
Income from continuing operations attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$1.80M	USD	1 Quarter
Income from continuing operations attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$6.90M	USD	1 Quarter
Income (loss) from continuing operations attributable to TechnipFMC plc	`IncomeLossFromContinuingOperations`	$-3.23B	USD	1 Quarter
Income (loss) from continuing operations attributable to TechnipFMC plc	`IncomeLossFromContinuingOperations`	$430.30M	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-17.80M	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-60.20M	USD	1 Quarter
Income from discontinued operations attributable to non-controlling interests	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$1.90M	USD	1 Quarter
Income from discontinued operations attributable to non-controlling interests	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$3.50M	USD	1 Quarter
Net Income (loss) attributable to TechnipFMC plc	`NetIncomeLoss`	$-3.26B	USD	1 Quarter
Net Income (loss) attributable to TechnipFMC plc	`NetIncomeLoss`	$368.20M	USD	1 Quarter
Earnings (loss) per share from continuing operations basic (usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.96	USD	1 Quarter
Earnings (loss) per share from continuing operations basic (usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-7.23	USD	1 Quarter
Earnings (loss) per share from continued operations diluted (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.95	USD	1 Quarter
Earnings (loss) per share from continued operations diluted (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-7.23	USD	1 Quarter
Earnings (loss) per share from discontinued operations basic (usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.14	USD	1 Quarter
Earnings (loss) per share from discontinued operations basic (usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.05	USD	1 Quarter
Earnings (loss) per share from discontinued operations diluted (usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.14	USD	1 Quarter
Earnings (loss) per share from discontinued operations diluted (usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.05	USD	1 Quarter
Earnings (loss) attributable to TechnipFMC plc, Basic (usd per share)	`EarningsPerShareBasic`	$-7.28	USD	1 Quarter
Earnings (loss) attributable to TechnipFMC plc, Basic (usd per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Earnings (loss) attributable to TechnipFMC plc, Diluted (usd per share)	`EarningsPerShareDiluted`	$-7.28	USD	1 Quarter
Earnings (loss) attributable to TechnipFMC plc, Diluted (usd per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	449.70M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	447.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	451.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	447.50M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$432.10M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-3.23B	USD	1 Quarter
Depreciation	`Depreciation`	$78.40M	USD	1 Quarter
Depreciation	`Depreciation`	$71.10M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$24.10M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$25.50M	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$3.19B	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$18.80M	USD	1 Quarter
Employee benefit plan and share-based compensation costs	`EmployeeBenefitsAndShareBasedCompensation`	$16.30M	USD	1 Quarter
Employee benefit plan and share-based compensation costs	`EmployeeBenefitsAndShareBasedCompensation`	$4.70M	USD	1 Quarter
Deferred income tax benefit, net	`DeferredIncomeTaxExpenseBenefit`	$-58.70M	USD	1 Quarter
Deferred income tax benefit, net	`DeferredIncomeTaxExpenseBenefit`	$-31.90M	USD	1 Quarter
Income from investment in Technip Energies	`EquitySecuritiesFvNiRealizedGain`	$470.10M	USD	1 Quarter
Income from investment in Technip Energies	`EquitySecuritiesFvNiRealizedGain`	-	USD	1 Quarter
Unrealized loss on derivative instruments and foreign exchange	`UnrealizedGainLossOnDerivatives`	$5.50M	USD	1 Quarter
Unrealized loss on derivative instruments and foreign exchange	`UnrealizedGainLossOnDerivatives`	$-92.60M	USD	1 Quarter
Income from equity affiliates, net of dividends received	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$22.10M	USD	1 Quarter
Income from equity affiliates, net of dividends received	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$7.70M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-23.50M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-100.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-5.10M	USD	1 Quarter
Trade receivables, net and contract assets	`IncreaseDecreaseInReceivables`	$165.60M	USD	1 Quarter
Trade receivables, net and contract assets	`IncreaseDecreaseInReceivables`	$-38.30M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$29.10M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-66.00M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayable`	$84.80M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayable`	$-56.90M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$50.30M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-132.90M	USD	1 Quarter
Income taxes payable (receivable), net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$165.30M	USD	1 Quarter
Income taxes payable (receivable), net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$43.40M	USD	1 Quarter
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$676.70M	USD	1 Quarter
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-100.70M	USD	1 Quarter
Other noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-4.20M	USD	1 Quarter
Other noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-103.90M	USD	1 Quarter
Cash provided (required) by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$181.50M	USD	1 Quarter
Cash provided (required) by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-439.80M	USD	1 Quarter
Cash provided by operating activities from discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$467.70M	USD	1 Quarter
Cash provided by operating activities from discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$66.30M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$247.80M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.90M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.20M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$75.50M	USD	1 Quarter
Proceeds from sale of debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$24.20M	USD	1 Quarter
Proceeds from sale of debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Cash received from divestiture	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	1 Quarter
Cash received from divestiture	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$2.50M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.10M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.40M	USD	1 Quarter
Proceed from sale of investment in Technip Energies	`ProceedsFromSalesOfAssetsInvestingActivities`	$100.00M	USD	1 Quarter
Proceed from sale of investment in Technip Energies	`ProceedsFromSalesOfAssetsInvestingActivities`	-	USD	1 Quarter
Advances from BPI	`ProceedsFromSaleOfInvestmentProjects`	-	USD	1 Quarter
Advances from BPI	`ProceedsFromSaleOfInvestmentProjects`	$100.00M	USD	1 Quarter
Proceeds from repayment of advances to joint venture	`ProceedsFromCollectionOfAdvanceToAffiliate`	-	USD	1 Quarter
Proceeds from repayment of advances to joint venture	`ProceedsFromCollectionOfAdvanceToAffiliate`	$12.50M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.90M	USD	1 Quarter
Cash provided (required) by investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-64.00M	USD	1 Quarter
Cash provided (required) by investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$196.90M	USD	1 Quarter
Cash required by investing activities from discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-9.50M	USD	1 Quarter
Cash required by investing activities from discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-4.50M	USD	1 Quarter
Cash provided (required) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.50M	USD	1 Quarter
Cash provided (required) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$192.40M	USD	1 Quarter
Net increase in short-term debt	`ProceedsFromRepaymentsOfShortTermDebtLessCommercialPaper`	$6.20M	USD	1 Quarter
Net increase in short-term debt	`ProceedsFromRepaymentsOfShortTermDebtLessCommercialPaper`	$73.60M	USD	1 Quarter
Net decrease in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$-309.20M	USD	1 Quarter
Net decrease in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$-953.10M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$500.00M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$200.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.00B	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$1.07B	USD	1 Quarter
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$53.50M	USD	1 Quarter
Payments related to taxes withheld on share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Payments related to taxes withheld on share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.20M	USD	1 Quarter
Cash paid for finance leases	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Cash paid for finance leases	`FinanceLeasePrincipalPayments`	$400.00K	USD	1 Quarter
Cash provided (required) by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-866.60M	USD	1 Quarter
Cash provided (required) by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$261.20M	USD	1 Quarter
Cash provided (required) by financing activities from discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-79.10M	USD	1 Quarter
Cash provided (required) by financing activities from discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-458.20M	USD	1 Quarter
Cash required by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-197.00M	USD	1 Quarter
Cash required by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-945.70M	USD	1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-9.70M	USD	1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-10.90M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-252.30M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-516.40M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.19B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$935.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$752.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$752.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$935.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.19B	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Common stock, dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.70B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.21B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.69B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$368.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.26B	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.25B	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$371.90M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-305.30M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-36.90M	USD	1 Quarter
Issuance of ordinary shares	`StockIssuedDuringPeriodValueNewIssues`	$300.00K	USD	1 Quarter
Issuance of ordinary shares	`StockIssuedDuringPeriodValueNewIssues`	$-6.40M	USD	1 Quarter
Cash dividends declared	`Dividends`	$59.20M	USD	1 Quarter
Share-based compensation (Note 15)	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.60M	USD	1 Quarter
Share-based compensation (Note 15)	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.40M	USD	1 Quarter
Other	`StockholdersEquityOther`	$2.60M	USD	1 Quarter
Other	`StockholdersEquityOther`	$500.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.70B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.21B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.69B	USD	Point-in-time

Comprehensive Income 38 line items

Line Item	Tag	Value	Unit	Period
Net Income (loss) attributable to TechnipFMC plc	`NetIncomeLoss`	$368.20M	USD	1 Quarter
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net Income (loss) attributable to TechnipFMC plc	`NetIncomeLoss`	$-3.26B	USD	1 Quarter
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net gains (losses) on hedging instruments, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-4.90M	USD	1 Quarter
Income from continuing operations attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$1.80M	USD	1 Quarter
Income from continuing operations attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$6.90M	USD	1 Quarter
Net gains (losses) on hedging instruments, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-22.50M	USD	1 Quarter
Net pension and other post-retirement benefits, tax (expense) benefit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$600.00K	USD	1 Quarter
Income from discontinued operations attributable to non-controlling interests	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$3.50M	USD	1 Quarter
Income from discontinued operations attributable to non-controlling interests	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$1.90M	USD	1 Quarter
Net pension and other post-retirement benefits, tax (expense) benefit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$2.10M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.25B	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$371.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-217.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.10M	USD	1 Quarter
Net losses arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-89.30M	USD	1 Quarter
Net losses arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-14.50M	USD	1 Quarter
Reclassification adjustment for net (gains) losses included in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$2.70M	USD	1 Quarter
Reclassification adjustment for net (gains) losses included in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-100.00K	USD	1 Quarter
Net losses on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-89.20M	USD	1 Quarter
Net losses on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-17.20M	USD	1 Quarter
Net gains (losses) arising during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-700.00K	USD	1 Quarter
Net gains (losses) arising during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$3.50M	USD	1 Quarter
Reclassification adjustment for amortization of prior service cost included in net loss	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$100.00K	USD	1 Quarter
Reclassification adjustment for amortization of prior service cost included in net loss	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$300.00K	USD	1 Quarter
Reclassification adjustment for amortization of net actuarial loss included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-4.80M	USD	1 Quarter
Reclassification adjustment for amortization of net actuarial loss included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-2.20M	USD	1 Quarter
Net pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.40M	USD	1 Quarter
Net pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.80M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-36.90M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-305.30M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$335.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.55B	USD	1 Quarter
Comprehensive (income) loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-700.00K	USD	1 Quarter
Comprehensive (income) loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.80M	USD	1 Quarter
Comprehensive income (loss) attributable to TechnipFMC plc	`ComprehensiveIncomeNetOfTax`	$-3.55B	USD	1 Quarter
Comprehensive income (loss) attributable to TechnipFMC plc	`ComprehensiveIncomeNetOfTax`	$331.20M	USD	1 Quarter

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