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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 5,540.0 $ 6,737.4
Trade receivables, net of allowances of $119.6 in 2018 and $117.4 in 2017 2,469.7 1,484.4
Contract assets 1,295.0 1,755.5
Inventories, net (Note 7) 1,251.2 987.0
Derivative financial instruments 95.7 78.3
Income taxes receivable 284.3 337.0
Advances paid to suppliers 189.7 391.3
Other current assets (Note 8) 655.6 1,206.2
Total current assets 11,781.2 12,977.1
Investments in equity affiliates (Note 9) 394.5 272.5
Property, plant and equipment, net (Note 11) 3,259.8 3,871.5
Goodwill (Note 12) 7,607.6 8,929.8
Intangible assets, net (Note 12) 1,176.7 1,333.8
Deferred income taxes (Note 19) 232.4 454.7
Derivative financial instruments (Note 21) 18.3 94.9
Other assets 314.0 329.4
Total assets 24,784.5 28,263.7
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 13) 67.4 77.1
Accounts payable, trade 2,600.3 3,958.7
Contract liabilities 4,085.1 3,314.2
Accrued payroll 394.7 402.2
Derivative financial instruments (Note 21) 138.4 69.0
Income taxes payable 81.9 320.3
Other current liabilities (Note 8) 1,766.6 1,687.9
Total current liabilities 9,134.4 9,829.4
Long-term debt, less current portion (Note 13) 4,124.3 3,777.9
Deferred income taxes (Note 19) 209.2 419.7
Accrued pension and other post-retirement benefits, less current portion (Note 20) 298.9 282.0
Derivative financial instruments (Note 21) 44.9 68.1
Other liabilities 503.4 477.2
Total liabilities 14,315.1 14,854.3
Commitments and contingent liabilities (Note 18)
Redeemable noncontrolling interest 38.5 0.0
Stockholders’ equity (Note 15)    
Ordinary shares, $1.00 par value; 618.3 shares and 525.0 shares authorized in 2018 and 2017, respectively; 450.5 shares and 465.1 shares issued and outstanding in 2018 and 2017, respectively; 14.8 and 2.1 shares canceled in 2018 and 2017, respectively 450.5 465.1
Ordinary shares held in employee benefit trust, at cost; 0.1 and 0.1 shares in 2018 and 2017, respectively (2.4) (4.8)
Capital in excess of par value of ordinary shares 10,197.0 10,483.3
Retained earnings 1,114.2 3,448.0
Accumulated other comprehensive loss (1,359.7) (1,003.7)
Total TechnipFMC plc stockholders’ equity 10,399.6 13,387.9
Noncontrolling interests 31.3 21.5
Total equity 10,430.9 13,409.4
Total liabilities and equity $ 24,784.5 $ 28,263.7