Stockholders' Equity

3 Months Ended

Mar. 31, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity

NOTE 14. STOCKHOLDERS’ EQUITY

There were no cash dividends declared during the three months ended March 31, 2017 and 2016.

The following is a summary of our capital stock activity for the three months ended March 31, 2017 and 2016:

(Number of shares in millions)	Ordinary Shares Issued		Ordinary Shares Held in Employee Benefit Trust		Treasury Stock
Balance as of December 31, 2015		119.0		—		0.8
Net stock purchased for (sold from) pursuant to liquidity contract		—		—		(0.1	)
Balance as of March 31, 2016		119.0		—		0.7
Balance as of December 31, 2016		119.2		—		0.3
Net capital increases due to the Merger of FMC Technologies and Technip		347.4		—		—
Treasury stock cancellation due to the Merger of FMC Technologies and Technip		—		—		(0.3	)
Net stock purchased for (sold from) employee benefit trust		—		0.1		—
Balance as of March 31, 2017		466.6		0.1		—

Accumulated other comprehensive loss consisted of the following:

(In millions)	Foreign Currency Translation			Available-For- Sale Securities		Hedging			Defined Pension and Other Post-retirement Benefits			Accumulated Other Comprehensive Loss
	As Restated								As Restated			As Restated
December 31, 2016	$	(849.8	)	$	—	$	(126.9	)	$	(80.7	)	$	(1,057.4	)
Other comprehensive income (loss) before reclassifications, net of tax		6.6			0.8		24.7			—			32.1
Reclassification adjustment for net losses (gains) included in net income, net of tax		—			—		34.4			0.5			34.9
Other comprehensive income (loss), net of tax		6.6			0.8		59.1			0.5			67.0
March 31, 2017	$	(843.2	)	$	0.8	$	(67.8	)	$	(80.2	)	$	(990.4	)

Reclassifications out of accumulated other comprehensive loss consisted of the following:

	Three Months Ended
(In millions)	March 31, 2017			March 31, 2016
Details about Accumulated Other Comprehensive Loss Components							Affected Line Item in the Condensed Consolidated Statements of Income
Gains (losses) on available-for-sale securities		—			—		Other expense, net
Gains (losses) on hedging instruments
Foreign exchange contracts:	$	(14.6	)	$	—		Revenue
		(0.1	)		—		Cost of sales
		(0.1	)		—		Research and development expense
		(28.4	)		(63.5	)	Other (expense), net
		(43.2	)		(63.5	)	Income before income taxes
		(8.8	)		(20.7	)	Provision (benefit) for income taxes
	$	(34.4	)	$	(42.8	)	Net income
Defined pension and other post-retirement benefits
Amortization of actuarial gain (loss)	$	(0.5	)	$	(0.1	)	(a)
Amortization of prior service credit (cost)		(0.2	)		(0.1	)	(a)
		(0.7	)		(0.2	)	Income before income taxes
		(0.2	)		(0.1	)	Provision (benefit) for income taxes
	$	(0.5	)	$	(0.1	)	Net income

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 16 for additional details).