XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Lease revenue $ 62.6 $ 49.4
Total revenue 2,913.0 3,125.2
Costs and expenses    
Cost of lease revenue 46.0 37.3
Selling, general and administrative expense 297.8 303.1
Research and development expense 39.9 41.1
Impairment, restructuring and other expenses (Note 15) 16.5 11.5
Merger transaction and integration costs 12.1 5.6
Total costs and expenses 2,778.2 2,885.9
Other income (expense), net (26.2) (25.2)
Income from equity affiliates (Note 10) 13.9 14.0
Income before net interest expense and income taxes 122.5 228.1
Net interest expense (88.2) (87.4)
Income (loss) before income taxes [1] 34.3 140.7
Provision for income taxes (Note 17) 14.5 49.3
Net income 19.8 91.4
Net loss attributable to noncontrolling interests 1.1 3.7
Net income attributable to TechnipFMC plc $ 20.9 $ 95.1
Earnings per share attributable to TechnipFMC plc (Note 7)    
Basic (usd per share) $ 0.05 $ 0.20
Diluted (usd per share) $ 0.05 $ 0.20
Weighted average shares outstanding (Note 7)    
Basic (in shares) 450.1 464.3
Diluted (in shares) 453.3 465.7
Services    
Revenue:    
Revenue $ 2,051.1 $ 2,274.0
Costs and expenses    
Cost of goods and services sold 1,644.2 1,826.9
Products    
Revenue:    
Revenue 799.3 801.8
Costs and expenses    
Cost of goods and services sold $ 721.7 $ 660.4
[1] Includes amounts attributable to noncontrolling interests.