XML 48 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2018
Stockholders' Equity Note [Abstract]  
Accumulated other comprehensive loss
Accumulated other comprehensive loss consisted of the following:
(In millions)
Foreign Currency
Translation
 
Hedging
 
Defined Pension 
and Other
Post-Retirement
Benefits
 
Accumulated Other
Comprehensive 
Loss attributable to
TechnipFMC plc
 
Accumulated Other
Comprehensive 
Loss attributable
to Non-controlling interest
December 31, 2017
$
(1,014.6
)
 
$
27.8

 
$
(16.9
)
 
$
(1,003.7
)
 
$
0.6

Other comprehensive income (loss) before reclassifications, net of tax
(241.8
)
 
(21.0
)
 
0.3

 
(262.5
)
 
0.8

Reclassification adjustment for net losses (gains) included in net income, net of tax
(41.1
)
 
(7.2
)
 
0.6

 
(47.7
)
 

Other comprehensive income (loss), net of tax
(282.9
)
 
(28.2
)
 
0.9

 
(310.2
)

0.8

September 30, 2018
$
(1,297.5
)
 
$
(0.4
)
 
$
(16.0
)
 
$
(1,313.9
)
 
$
1.4

Reclassifications out of accumulated other comprehensive loss
Reclassifications out of accumulated other comprehensive loss consisted of the following:
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
 
(In millions)
2018
 
2017
 
2018
 
2017
 
 
Details about Accumulated Other Comprehensive Income (loss) Components
Amount Reclassified out of Accumulated Other
Comprehensive Loss
 
Affected Line Item in the Condensed Consolidated Statements of Income
Gains on foreign currency translation
$
41.1

 
$

 
$
41.1

 
$

 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
Gains (losses) on hedging instruments
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
$
(0.8
)
 
$
(6.3
)
 
$
2.8

 
$
(31.6
)
 
Revenue
 
1.1

 
0.2

 
6.2

 
1.7

 
Cost of sales
 
(0.1
)
 
0.5

 
(0.1
)
 
0.7

 
Selling, general and administrative expense
 

 

 

 
(0.1
)
 
Research and development expense
 
4.8

 
(20.4
)
 
0.1

 
(70.6
)
 
Other income (expense), net
 
5.0

 
(26.0
)
 
9.0

 
(99.9
)
 
Income before income taxes
 
1.2

 
(6.3
)
 
1.8

 
(25.6
)
 
Provision for income taxes (Note 16)
 
$
3.8

 
$
(19.7
)
 
$
7.2

 
$
(74.3
)
 
Net income
Pension and other post-retirement benefits
 
 
 
 
 
 
 
 
 
Amortization of actuarial gain (loss)
$

 
$
(0.7
)
 
$

 
$
(1.9
)
 
(a)
Amortization of prior service credit (cost)
(0.3
)
 
(0.3
)
 
(0.6
)
 
(0.6
)
 
(a)
 
(0.3
)
 
(1.0
)
 
(0.6
)
 
(2.5
)
 
Income before income taxes
 

 
(0.3
)
 

 
(0.7
)
 
Provision for income taxes (Note 16)
 
$
(0.3
)
 
$
(0.7
)
 
$
(0.6
)
 
$
(1.8
)
 
Net income

(a)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost.