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Basis of Presentation and Summary of Significant Accounting Policies Restatement (Tables)
 12 Months Ended
Dec. 31, 2019
Accounting Changes and Error Corrections [Abstract]  
Restatement to Prior Year Income
The effects of the revision on our consolidated statements of income for the year ended December 31, 2018 and 2017 are as follows:
 
Year Ended
 
December 31, 2018
 
December 31, 2017
(In millions, except per share data)
As Previously Reported
 
Adjustments
 
As Revised
 
As Previously Reported
 
Adjustments
 
As Revised
Revenue
 
 
 
 
 
 
 
 
 
 
 
Service revenue
$
9,765.0

 
$
(707.4
)
 
$
9,057.6

 
$
12,210.5

 
$
(764.6
)
 
$
11,445.9

Product revenue
2,565.2

 
707.4

 
3,272.6

 
2,651.8

 
764.6

 
3,416.4

Total revenue
12,552.9

 
—

 
12,552.9

 
15,056.9

 
—

 
15,056.9

 
 
 
 
 
 
 
 
 
 
 
 
Costs and expenses
 
 
 
 
 
 
 
 
 
 
 
Cost of service revenue
7,895.1

 
(442.4
)
 
7,452.7

 
9,984.0

 
(550.9
)
 
9,433.1

Cost of product revenue
2,234.5

 
442.4

 
2,676.9

 
2,403.4

 
550.9

 
2,954.3

Total costs and expenses
13,470.5

 
—

 
13,470.5

 
14,091.7

 
—

 
14,091.7

 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to TechnipFMC plc
$
(1,921.6
)
 
$
—

 
$
(1,921.6
)
 
$
113.3

 
$
—

 
$
113.3

 
 
 
 
 
 
 
 
 
 
 
 
Earnings (loss) per share attributable to TechnipFMC plc (Note 8)
 
 
 
 
 
 
 
 
 
 
 
Basic
$
(4.20
)
 
$
—

 
$
(4.20
)
 
$
0.24

 
$
—

 
$
0.24

Diluted
$
(4.20
)
 
$
—

 
$
(4.20
)
 
$
0.24

 
$
—

 
$
0.24

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding (Note 8)
 
 
 
 
 
 
 
 
 
 
 
Basic
458.0

 
—

 
458.0

 
466.7

 
—

 
466.7

Diluted
458.0

 
—

 
458.0

 
468.3

 
—

 
468.3