XML 45 R31.htm IDEA: XBRL DOCUMENT v3.19.1
Basis Of Presentation and Significant Accounting Policies Restatement (Tables)
 3 Months Ended
Mar. 31, 2019
Accounting Changes and Error Corrections [Abstract]  
Restatement to Prior Year Income [Table Text Block]
The effects of the revision on our condensed consolidated statements of income for the three months ended March 31, 2018 are as follows:
 
Three Months Ended
 
March 31, 2018
(In millions, except per share data)
As Previously Reported
 
Adjustments
 
As Revised
Revenue
 
 
 
 
 
Service revenue
$
2,427.4

 
$
(153.4
)
 
$
2,274.0

Product revenue
648.4

 
153.4

 
801.8

Total revenue
3,125.2

 
—

 
3,125.2

 
 
 
 
 
 
Costs and expenses
 
 
 
 
 
Cost of service revenue
1,952.5

 
(125.6
)
 
1,826.9

Cost of product revenue
534.8

 
125.6

 
660.4

Total costs and expenses
2,885.9

 
—

 
2,885.9

 
 
 
 
 
 
Net income attributable to TechnipFMC plc
$
95.1

 
$
—

 
$
95.1

 
 
 
 
 
 
Earnings per share attributable to TechnipFMC plc (Note 7)
 
 
 
 
 
Basic
$
0.20

 
$
—

 
$
0.20

Diluted
$
0.20

 
$
—

 
$
0.20

 
 
 
 
 
 
Weighted average shares outstanding (Note 7)
 
 
 
 
 
Basic
464.3

 
—

 
464.3

Diluted
465.7

 
—

 
465.7