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10-Q Filing

TechnipFMC plc CIK: 1681459 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001681459-23-000067
Period End Date 20230331
Filing Date 20230427
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance fti-20230331_htm.xml
Balance Sheet 110 line items
Line Item Tag Value Unit Period
Receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $34.00M USD Point-in-time
Receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $34.10M USD Point-in-time
Allowance for contract assets ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss $1.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $522.30M USD Point-in-time
Allowance for contract assets ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss $1.30M USD Point-in-time
Allowance for contract assets ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss $1.60M USD Point-in-time
Allowance for contract assets ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss $1.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.06B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.26B USD Point-in-time
Trade receivables, net of allowances of $34.0 in 2023 and $34.1 in 2022 AccountsAndOtherReceivablesNetCurrent $966.50M USD Point-in-time
Trade receivables, net of allowances of $34.0 in 2023 and $34.1 in 2022 AccountsAndOtherReceivablesNetCurrent $1.13B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.58B USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $663.80M USD Point-in-time
Contract assets, net of allowances of $1.6 in 2023 and $1.1 in 2022 ContractWithCustomerAssetNetCurrent $981.60M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $684.50M USD Point-in-time
Contract assets, net of allowances of $1.6 in 2023 and $1.1 in 2022 ContractWithCustomerAssetNetCurrent $1.22B USD Point-in-time
Inventories, net (Note 7) InventoryNet $1.04B USD Point-in-time
Ordinary shares, par value (usd per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Inventories, net (Note 7) InventoryNet $1.14B USD Point-in-time
Ordinary shares, par value (usd per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Ordinary shares, shares authorized (in shares) CommonStockSharesAuthorized 618.30M shares Point-in-time
Derivative financial instruments (Note 15) DerivativeAssetsCurrent $282.70M USD Point-in-time
Derivative financial instruments (Note 15) DerivativeAssetsCurrent $339.70M USD Point-in-time
Ordinary shares, shares authorized (in shares) CommonStockSharesAuthorized 618.30M shares Point-in-time
Income taxes receivable IncomeTaxesReceivable $125.30M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $128.40M USD Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 442.20M shares Point-in-time
Ordinary shares, shares issued (in shares) CommonStockSharesIssued 441.60M shares Point-in-time
Advances paid to suppliers AdvancesOnInventoryPurchases $90.10M USD Point-in-time
Ordinary shares, shares outstanding (in shares) CommonStockSharesOutstanding 442.20M shares Point-in-time
Ordinary shares, shares outstanding (in shares) CommonStockSharesOutstanding 441.60M shares Point-in-time
Advances paid to suppliers AdvancesOnInventoryPurchases $80.80M USD Point-in-time
Other current assets (Note 8) OtherAssetsCurrent $531.00M USD Point-in-time
Other current assets (Note 8) OtherAssetsCurrent $455.00M USD Point-in-time
Total current assets AssetsCurrent $4.99B USD Point-in-time
Total current assets AssetsCurrent $5.10B USD Point-in-time
Investments in equity affiliates (Note 9) EquityMethodInvestments $325.00M USD Point-in-time
Investments in equity affiliates (Note 9) EquityMethodInvestments $339.10M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,578.2 in 2023 and $2,255.5 in 2022 PropertyPlantAndEquipmentNet $2.36B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $2,578.2 in 2023 and $2,255.5 in 2022 PropertyPlantAndEquipmentNet $2.35B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $819.40M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $801.90M USD Point-in-time
Finance lease right-of-use assets FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization $51.60M USD Point-in-time
Finance lease right-of-use assets FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization $56.40M USD Point-in-time
Intangible assets, net of accumulated amortization of $684.5 in 2023 and $663.8 in 2022 IntangibleAssetsNetExcludingGoodwill $694.90M USD Point-in-time
Intangible assets, net of accumulated amortization of $684.5 in 2023 and $663.8 in 2022 IntangibleAssetsNetExcludingGoodwill $716.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $71.80M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $72.50M USD Point-in-time
Derivative financial instruments (Note 15) DerivativeAssetsNoncurrent $7.20M USD Point-in-time
Derivative financial instruments (Note 15) DerivativeAssetsNoncurrent $10.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $126.50M USD Point-in-time
Other assets OtherAssetsNoncurrent $128.10M USD Point-in-time
Total assets Assets $9.44B USD Point-in-time
Total assets Assets $9.58B USD Point-in-time
Short-term debt and current portion of long-term debt (Note 11) LongTermDebtCurrent $367.30M USD Point-in-time
Short-term debt and current portion of long-term debt (Note 11) LongTermDebtCurrent $385.00M USD Point-in-time
Operating lease liabilities OperatingAndFinanceLeaseLiabilityCurrent $138.40M USD Point-in-time
Operating lease liabilities OperatingAndFinanceLeaseLiabilityCurrent $136.10M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $1.80M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $51.90M USD Point-in-time
Accounts payable, trade AccountsPayableCurrent $1.28B USD Point-in-time
Accounts payable, trade AccountsPayableCurrent $1.41B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $1.17B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $1.16B USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $172.50M USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $175.60M USD Point-in-time
Derivative financial instruments (Note 15) DerivativeLiabilitiesCurrent $346.60M USD Point-in-time
Derivative financial instruments (Note 15) DerivativeLiabilitiesCurrent $385.30M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $104.70M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $96.70M USD Point-in-time
Other current liabilities (Note 8) OtherLiabilitiesCurrent $484.20M USD Point-in-time
Other current liabilities (Note 8) OtherLiabilitiesCurrent $560.90M USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.26B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.17B USD Point-in-time
Long-term debt, less current portion (Note 11) LongTermDebtNoncurrent $999.30M USD Point-in-time
Long-term debt, less current portion (Note 11) LongTermDebtNoncurrent $1.01B USD Point-in-time
Operating lease liabilities, less current portion OperatingLeaseLiabilityNoncurrent $748.50M USD Point-in-time
Operating lease liabilities, less current portion OperatingLeaseLiabilityNoncurrent $735.70M USD Point-in-time
Financing lease liabilities, less current portion FinanceLeaseLiabilityNoncurrent $57.00M USD Point-in-time
Financing lease liabilities, less current portion FinanceLeaseLiabilityNoncurrent $1.40M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $58.20M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $55.50M USD Point-in-time
Accrued pension and other post-retirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $54.60M USD Point-in-time
Accrued pension and other post-retirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $59.70M USD Point-in-time
Derivative financial instruments (Note 15) DerivativeLiabilitiesNoncurrent $12.60M USD Point-in-time
Derivative financial instruments (Note 15) DerivativeLiabilitiesNoncurrent $3.60M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $138.10M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $140.80M USD Point-in-time
Total liabilities Liabilities $6.34B USD Point-in-time
Total liabilities Liabilities $6.17B USD Point-in-time
Commitments and contingent liabilities (Note 13) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 13) CommitmentsAndContingencies - USD Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2023 and 2022; 441.6 shares and 442.2 shares issued and outstanding in 2023 and 2022, respectively CommonStockValue $442.20M USD Point-in-time
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2023 and 2022; 441.6 shares and 442.2 shares issued and outstanding in 2023 and 2022, respectively CommonStockValue $441.60M USD Point-in-time
Capital in excess of par value of ordinary shares AdditionalPaidInCapitalCommonStock $9.11B USD Point-in-time
Capital in excess of par value of ordinary shares AdditionalPaidInCapitalCommonStock $9.06B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-5.01B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-5.01B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.30B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.29B USD Point-in-time
Total TechnipFMC plc stockholders equity StockholdersEquity $3.20B USD Point-in-time
Total TechnipFMC plc stockholders equity StockholdersEquity $3.24B USD Point-in-time
Non-controlling interests StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestContinuingOperations $36.50M USD Point-in-time
Non-controlling interests StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestContinuingOperations $41.90M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.24B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.49B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.28B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.44B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.58B USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Lease revenue LeaseIncome $45.00M USD 1 Quarter
Lease revenue LeaseIncome $54.20M USD 1 Quarter
Total revenue Revenues $1.72B USD 1 Quarter
Total revenue Revenues $1.56B USD 1 Quarter
Cost of lease revenue LeaseCost $39.80M USD 1 Quarter
Cost of lease revenue LeaseCost $39.80M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $153.90M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $159.60M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $15.40M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $14.60M USD 1 Quarter
Impairment, restructuring and other expenses RestructuringSettlementAndImpairmentProvisions $600.00K USD 1 Quarter
Impairment, restructuring and other expenses RestructuringSettlementAndImpairmentProvisions $1.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.55B USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.67B USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $40.80M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-1.30M USD 1 Quarter
Income from equity affiliates (Note 9) IncomeLossFromEquityMethodInvestments $5.40M USD 1 Quarter
Income from equity affiliates (Note 9) IncomeLossFromEquityMethodInvestments $14.20M USD 1 Quarter
Loss from investment in Technip Energies (Note 9) InvestmentIncomeNet $-28.50M USD 1 Quarter
Loss from investment in Technip Energies (Note 9) InvestmentIncomeNet - USD 1 Quarter
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $63.90M USD 1 Quarter
Income before net interest expense and income taxes IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet $28.10M USD 1 Quarter
Interest income InvestmentIncomeInterest $4.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $8.30M USD 1 Quarter
Interest expense InterestExpense $37.90M USD 1 Quarter
Interest expense InterestExpense $27.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-5.80M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $45.20M USD 1 Quarter
Provision for income taxes (Note 14) IncomeTaxExpenseBenefit $28.50M USD 1 Quarter
Provision for income taxes (Note 14) IncomeTaxExpenseBenefit $37.40M USD 1 Quarter
Income (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-34.30M USD 1 Quarter
Income (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $7.80M USD 1 Quarter
Net (income) from continuing operations attributable to non-controlling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $7.40M USD 1 Quarter
Net (income) from continuing operations attributable to non-controlling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $8.00M USD 1 Quarter
Income (loss) from continuing operations attributable to TechnipFMC plc IncomeLossFromContinuingOperations $400.00K USD 1 Quarter
Income (loss) from continuing operations attributable to TechnipFMC plc IncomeLossFromContinuingOperations $-42.30M USD 1 Quarter
Loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-19.40M USD 1 Quarter
Loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Net income (loss) attributable to TechnipFMC plc NetIncomeLoss $-61.70M USD 1 Quarter
Net income (loss) attributable to TechnipFMC plc NetIncomeLoss $400.00K USD 1 Quarter
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc Basic (usd per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.09 USD 1 Quarter
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc Basic (usd per share) IncomeLossFromContinuingOperationsPerBasicShare - USD 1 Quarter
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc Diluted (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.09 USD 1 Quarter
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc Diluted (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare - USD 1 Quarter
Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc basic (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.04 USD 1 Quarter
Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc basic (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc diluted (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.04 USD 1 Quarter
Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc diluted (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Total earnings (loss) per share attributable to TechnipFMC plc Basic (usd per share) EarningsPerShareBasic $-0.13 USD 1 Quarter
Total earnings (loss) per share attributable to TechnipFMC plc Basic (usd per share) EarningsPerShareBasic - USD 1 Quarter
Total earnings (loss) per share attributable to TechnipFMC plc Diluted (usd per share) EarningsPerShareDiluted - USD 1 Quarter
Total earnings (loss) per share attributable to TechnipFMC plc Diluted (usd per share) EarningsPerShareDiluted $-0.13 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 451.10M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 442.10M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 455.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 451.10M shares 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-53.70M USD 1 Quarter
Net income (loss) ProfitLoss $7.80M USD 1 Quarter
Net loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-19.40M USD 1 Quarter
Net loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Depreciation and amortization Depreciation $95.90M USD 1 Quarter
Depreciation and amortization Depreciation $93.00M USD 1 Quarter
Impairments AssetImpairmentCharges $1.10M USD 1 Quarter
Impairments AssetImpairmentCharges - USD 1 Quarter
Loss from investment in Technip Energies EquitySecuritiesFvNiRealizedGainLoss - USD 1 Quarter
Loss from investment in Technip Energies EquitySecuritiesFvNiRealizedGainLoss $-28.50M USD 1 Quarter
Income from equity affiliates, net of dividends received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $14.20M USD 1 Quarter
Income from equity affiliates, net of dividends received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $5.40M USD 1 Quarter
Other non-cash items, net OtherNoncashIncomeExpense $-18.00M USD 1 Quarter
Other non-cash items, net OtherNoncashIncomeExpense $-52.60M USD 1 Quarter
Trade receivables, net and Contract assets IncreaseDecreaseInReceivables $392.10M USD 1 Quarter
Trade receivables, net and Contract assets IncreaseDecreaseInReceivables $64.40M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $94.70M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $15.90M USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayable $123.30M USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayable $-26.90M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $-183.50M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $14.30M USD 1 Quarter
Income taxes payable, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $12.80M USD 1 Quarter
Income taxes payable, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $1.80M USD 1 Quarter
Other current assets and liabilities, net IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet $148.40M USD 1 Quarter
Other current assets and liabilities, net IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet $161.00M USD 1 Quarter
Other non-current assets and liabilities, net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $6.00M USD 1 Quarter
Other non-current assets and liabilities, net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $17.90M USD 1 Quarter
Cash required by operating activities NetCashProvidedByUsedInOperatingActivities $-329.40M USD 1 Quarter
Cash required by operating activities NetCashProvidedByUsedInOperatingActivities $-386.20M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $57.30M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $27.30M USD 1 Quarter
Proceeds from sale of investment in Technip Energies ProceedsFromSalesOfAssetsInvestingActivities - USD 1 Quarter
Proceeds from sale of investment in Technip Energies ProceedsFromSalesOfAssetsInvestingActivities $238.50M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $7.50M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-4.50M USD 1 Quarter
Cash provided (required) by investing activities NetCashProvidedByUsedInInvestingActivities $203.70M USD 1 Quarter
Cash provided (required) by investing activities NetCashProvidedByUsedInInvestingActivities $-52.80M USD 1 Quarter
Net decrease in short-term debt RepaymentsOfShortTermDebt $8.00M USD 1 Quarter
Net decrease in short-term debt RepaymentsOfShortTermDebt $9.20M USD 1 Quarter
Cash settlement for derivative hedging debt ProceedsFromRepaymentsOfCommercialPaper $-12.90M USD 1 Quarter
Cash settlement for derivative hedging debt ProceedsFromRepaymentsOfCommercialPaper - USD 1 Quarter
Share repurchases PaymentsForRepurchaseOfEquity $50.00M USD 1 Quarter
Share repurchases PaymentsForRepurchaseOfEquity - USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-5.10M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-15.40M USD 1 Quarter
Cash required by financing activities NetCashProvidedByUsedInFinancingActivities $-13.10M USD 1 Quarter
Cash required by financing activities NetCashProvidedByUsedInFinancingActivities $-87.50M USD 1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.40M USD 1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-8.30M USD 1 Quarter
Change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-534.80M USD 1 Quarter
Change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-124.40M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.33B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.20B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.06B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $522.30M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.20B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.06B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.33B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $522.30M USD Point-in-time
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.24B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.49B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.28B USD Point-in-time
Net income (loss) ProfitLoss $-53.70M USD 1 Quarter
Net income (loss) ProfitLoss $7.80M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $11.60M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $120.10M USD 1 Quarter
Issuance of ordinary shares, net of shares withheld for tax StockIssuedDuringPeriodValueNewIssues $-14.60M USD 1 Quarter
Issuance of ordinary shares, net of shares withheld for tax StockIssuedDuringPeriodValueNewIssues $-100.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.90M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $11.10M USD 1 Quarter
Shares repurchased and cancelled StockRepurchasedAndRetiredDuringPeriodValue $50.00M USD 1 Quarter
Other StockholdersEquityOther $4.20M USD 1 Quarter
Other StockholdersEquityOther $-100.00K USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.49B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.24B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.28B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Foreign currency translation adjustments, tax (expense) benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Net income (loss) attributable to TechnipFMC plc NetIncomeLoss $-61.70M USD 1 Quarter
Net income (loss) attributable to TechnipFMC plc NetIncomeLoss $400.00K USD 1 Quarter
Net (income) from continuing operations attributable to non-controlling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $7.40M USD 1 Quarter
Net gains (losses) on hedging instruments, tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-2.10M USD 1 Quarter
Net gains (losses) on hedging instruments, tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-4.60M USD 1 Quarter
Net (income) from continuing operations attributable to non-controlling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $8.00M USD 1 Quarter
Net income (loss) attributable to TechnipFMC plc, including non-controlling interests ProfitLoss $-53.70M USD 1 Quarter
Net income (loss) attributable to TechnipFMC plc, including non-controlling interests ProfitLoss $7.80M USD 1 Quarter
Net pension and other post-retirement benefits, tax expense OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-400.00K USD 1 Quarter
Net pension and other post-retirement benefits, tax expense OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-1.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $125.70M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.80M USD 1 Quarter
Net losses arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-6.10M USD 1 Quarter
Net losses arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-14.90M USD 1 Quarter
Reclassification adjustment for net losses included in net income (loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-6.40M USD 1 Quarter
Reclassification adjustment for net losses included in net income (loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-1.60M USD 1 Quarter
Net losses on hedging instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.50M USD 1 Quarter
Net losses on hedging instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-8.50M USD 1 Quarter
Net (losses) arising during the period OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-2.00M USD 1 Quarter
Net (losses) arising during the period OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-200.00K USD 1 Quarter
Reclassification adjustment for amortization of prior service cost included in net income (loss) OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $100.00K USD 1 Quarter
Reclassification adjustment for amortization of prior service cost included in net income (loss) OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $100.00K USD 1 Quarter
Reclassification adjustment for amortization of net actuarial loss included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax $-2.20M USD 1 Quarter
Reclassification adjustment for amortization of net actuarial loss included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax $-3.00M USD 1 Quarter
Net pension and other post-retirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.90M USD 1 Quarter
Net pension and other post-retirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-300.00K USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $11.60M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $120.10M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $19.40M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $66.40M USD 1 Quarter
Comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.40M USD 1 Quarter
Comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $5.40M USD 1 Quarter
Comprehensive income attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $58.00M USD 1 Quarter
Comprehensive income attributable to TechnipFMC plc ComprehensiveIncomeNetOfTax $14.00M USD 1 Quarter

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

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