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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 6,737.4 $ 6,269.3
Trade receivables, net of allowances of $117.4 in 2017 and $85.6 in 2016 1,484.4 1,469.5
Costs and estimated earnings in excess of billings on uncompleted contracts 1,755.5 1,040.8
Inventories, net (Note 6) 987.0 334.7
Derivative financial instruments (Note 20) 78.3 47.2
Income taxes receivable 337.0 265.0
Advances paid to suppliers 391.3 711.5
Other current assets (Note 7) 1,206.2 799.2
Total current assets 12,977.1 10,937.2
Investments in equity affiliates (Note 8) 272.5 235.4
Property, plant and equipment, net (Note 10) 3,871.5 2,620.1
Goodwill (Note 11) 8,929.8 3,718.3
Intangible assets, net (Note 11) 1,333.8 173.7
Deferred income taxes (Note 17) 454.7 553.6
Derivative financial instruments (Note 20) 94.9 190.8
Other assets 329.4 250.2
Total assets 28,263.7 18,679.3
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 13) 77.1 683.6
Accounts payable, trade 3,958.7 3,837.7
Billings in excess of costs and estimated earnings on uncompleted contracts 3,314.2 4,141.8
Accrued payroll 402.2 307.7
Derivative financial instruments (Note 20) 69.0 183.0
Income taxes payable 320.3 317.5
Other current liabilities (Note 12) 1,687.9 1,417.6
Total current liabilities 9,829.4 10,888.9
Long-term debt, less current portion (Note 13) 3,777.9 1,869.3
Accrued pension and other post-retirement benefits, less current portion (Note 18) 282.0 160.8
Derivative financial instruments (Note 20) 68.1 227.7
Deferred income taxes (Note 17) 419.7 130.5
Other liabilities 477.2 358.0
Commitments and contingent liabilities (Note 15)
Stockholders’ equity (Note 16):    
Ordinary shares, $1.00 and €0.7625 par values in 2017 and 2016, respectively; 525.0 and 119.2 shares authorized in 2017 and 2016, respectively; 465.1 and 119.2 shares issued in 2017 and 2016, respectively; 2.1 and 3.2 shares canceled in 2017 and 2016, respectively; 465.1 and 118.9 shares outstanding in 2017 and 2016, respectively 465.1 114.7
Ordinary shares held in employee benefit trust, at cost; 0.1 shares in 2017 (4.8) 0.0
Treasury stock, at cost; 0.0 shares and 0.3 shares in 2017 and 2016, respectively 0.0 (44.5)
Capital in excess of par value of ordinary shares 10,483.3 2,683.1
Retained earnings 3,448.0 3,404.1
Accumulated other comprehensive loss (1,003.7) (1,101.6)
Total TechnipFMC plc stockholders’ equity 13,387.9 5,055.8
Noncontrolling interests 21.5 (11.7)
Total equity 13,409.4 5,044.1
Total liabilities and equity $ 28,263.7 $ 18,679.3