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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 7,041.7 $ 6,269.3
Trade receivables, net of allowances of $104.2 in 2017 and $85.6 in 2016 2,433.3 2,024.5
Costs and estimated earnings in excess of billings on uncompleted contracts 1,036.8 485.8
Inventories, net (Note 6) 983.5 334.7
Derivative financial instruments (Note 17) 84.6 47.2
Income taxes receivable 381.7 265.0
Advances paid to suppliers 682.8 711.5
Other current assets (Note 7) 1,090.4 799.2
Total current assets 13,734.8 10,937.2
Investments in equity affiliates 207.6 177.8
Property, plant and equipment, net of accumulated depreciation of $1,765.0 in 2017 and $1,691.8 in 2016 3,975.5 2,620.1
Goodwill 9,023.6 3,718.3
Intangible assets, net of accumulated amortization of $319.5 in 2017 and $245.9 in 2016 1,580.0 255.4
Deferred income taxes 519.4 549.3
Derivative financial instruments (Note 17) 128.7 190.8
Other assets 400.9 250.2
Total assets 29,570.5 18,699.1
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 10) 499.0 683.6
Accounts payable, trade 4,131.5 3,837.7
Advance payments 314.9 411.1
Billings in excess of costs and estimated earnings on uncompleted contracts 3,478.7 3,364.5
Accrued payroll 403.8 307.7
Derivative financial instruments (Note 17) 180.5 183.0
Income taxes payable 298.3 317.5
Other current liabilities (Note 9) 2,190.3 1,825.3
Total current liabilities 11,497.0 10,930.4
Long-term debt, less current portion (Note 10) 3,082.8 1,869.3
Accrued pension and other post-retirement benefits, less current portion 351.2 160.0
Derivative financial instruments (Note 17) 158.7 227.7
Deferred income taxes 530.9 130.5
Other liabilities (Note 11) 390.7 301.8
Commitments and contingent liabilities (Note 12)
Stockholders’ equity (Note 13):    
Ordinary shares, $1.00 par value and €0.7625 in 2017 and 2016, respectively; 525.0 shares and 119.2 shares authorized in 2017 and 2016, respectively; 347.4 shares and 3.3 shares issued in 2017 and 2016, respectively; no shares and 3.2 shares canceled in 2017 and 2016, respectively; 466.6 and 118.9 shares outstanding in 2017 and 2016, respectively 466.6 114.7
Ordinary shares held in employee benefit trust, at cost; 0.1 shares in 2017 (5.4)  
Treasury stock, at cost; no shares and 0.3 shares in 2017 and 2016, respectively   (44.5)
Capital in excess of par value of ordinary shares 10,507.6 2,694.7
Retained earnings 2,992.2 2,801.4
Accumulated other comprehensive loss (408.2) (475.2)
Total TechnipFMC plc stockholders’ equity 13,552.8 5,091.1
Noncontrolling interests 6.4 (11.7)
Total equity 13,559.2 5,079.4
Total liabilities and equity $ 29,570.5 $ 18,699.1