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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 5,190.2 $ 5,540.0
Trade receivables, net of allowances of $95.4 in 2019 and $119.6 in 2018 2,287.1 2,469.7
Contract assets 1,520.0 1,295.0
Inventories, net (Note 9) 1,416.0 1,251.2
Derivative financial instruments 101.9 95.7
Income taxes receivable 264.6 284.3
Advances paid to suppliers 242.9 189.7
Other current assets (Note 10) 863.7 655.6
Total current assets 11,886.4 11,781.2
Investments in equity affiliates (Note 12) 300.4 394.5
Property, plant and equipment, net (Note 14) 3,162.0 3,259.8
Operating Lease, Right-of-Use Asset 892.6 0.0
Goodwill (Note 15) 5,598.3 7,607.6
Intangible assets, net (Note 15) 1,086.6 1,176.7
Deferred income taxes (Note 22) 260.5 232.4
Derivative financial instruments (Note 24) 39.5 18.3
Other assets 292.5 314.0
Total assets 23,518.8 24,784.5
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 16) 495.4 67.4
Operating Lease, Liability, Current 275.1 0.0
Accounts payable, trade 2,659.8 2,600.3
Contract liabilities 4,585.1 4,085.1
Accrued payroll 411.5 394.7
Derivative financial instruments (Note 24) 141.3 138.4
Income taxes payable 75.7 81.9
Other current liabilities (Note 10) 1,494.5 1,771.6
Total current liabilities 10,138.4 9,139.4
Long-term debt, less current portion (Note 16) 3,980.0 4,124.3
Operating Lease, Liability, Noncurrent 681.7 0.0
Deferred income taxes (Note 22) 138.2 209.2
Accrued pension and other post-retirement benefits, less current portion (Note 23) 368.6 298.9
Derivative financial instruments (Note 24) 52.7 44.9
Other liabilities 430.0 540.4
Total liabilities 15,789.6 14,357.1
Commitments and contingent liabilities (Note 21)
Redeemable noncontrolling interest 41.1 38.5
Stockholders’ equity (Note 18)    
Ordinary shares, $1.00 par value; 618.3 shares and 618.3 shares authorized in 2019 and 2018, respectively; 447.1 shares and 450.5 shares issued and outstanding in 2019 and 2018, respectively; 4.0 and 14.8 shares canceled in 2019 and 2018, respectively 447.1 450.5
Ordinary shares held in employee benefit trust, at cost; nil and 0.1 shares in 2019 and 2018, respectively 0.0 (2.4)
Capital in excess of par value of ordinary shares 10,182.8 10,197.0
(Accumulated deficit) retained earnings (1,563.1) 1,072.2
Accumulated other comprehensive loss (1,407.5) (1,359.7)
Total TechnipFMC plc stockholders’ equity 7,659.3 10,357.6
Noncontrolling interests 28.8 31.3
Total equity 7,688.1 10,388.9
Total liabilities and equity $ 23,518.8 $ 24,784.5