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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 854.9 $ 1,269.2
Trade receivables, net of allowances of $43.5 in 2021 and $40.2 in 2020 1,272.3 987.7
Contract assets, net of allowances of $0.2 in 2021 and $2.4 in 2020 928.3 886.8
Inventories, net (Note 8) 1,135.8 1,252.8
Derivative financial instruments (Note 19) 186.0 268.7
Income taxes receivable 107.6 274.7
Advances paid to suppliers 60.6 96.3
Other current assets (Note 9) 578.7 683.4
Investment in Technip Energies 760.0 0.0
Current assets of discontinued operations 0.0 5,725.1
Total current assets 5,884.2 11,444.7
Investments in equity affiliates 324.0 305.5
Property, plant and equipment, net of accumulated depreciation of $2,423.6 in 2021 and $2,154.2 in 2020 2,712.7 2,756.2
Operating lease right-of-use assets 728.6 784.9
Finance lease right-of-use assets 50.4 27.5
Intangible assets, net of accumulated amortization of $446.4 in 2021 and $493.1 in 2020 809.7 851.3
Deferred income taxes 40.3 34.2
Derivative financial instruments (Note 19) 12.9 29.2
Other assets 165.1 175.6
Non-current assets of discontinued operations 0.0 3,283.5
Total assets 10,727.9 19,692.6
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 13) 297.7 624.7
Operating lease liabilities 133.2 195.5
Finance lease liabilities 0.7 26.9
Accounts payable, trade 1,307.2 1,201.0
Contract liabilities 833.6 1,046.8
Accrued payroll 185.6 186.8
Derivative financial instruments (Note 19) 128.8 157.5
Income taxes payable 68.4 61.2
Other current liabilities (Note 9) 805.7 818.3
Current liabilities of discontinued operations 0.0 6,096.5
Total current liabilities 3,760.9 10,415.2
Long-term debt, less current portion (Note 13) 2,180.2 2,835.5
Operating lease liabilities, less current portion 658.0 632.8
Financing lease liabilities, less current portion 51.5 0.0
Deferred income taxes 80.5 79.3
Accrued pension and other post-retirement benefits, less current portion 239.5 268.4
Derivative financial instruments (Note 19) 13.6 18.8
Other liabilities 114.4 103.3
Non-current liabilities of discontinued operations 0.0 1,081.3
Total liabilities 7,098.6 15,434.6
Commitments and contingent liabilities (Note 17)
Mezzanine equity    
Redeemable non-controlling interest (Note 20) 0.0 43.7
Stockholders’ equity (Note 14)    
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2021 and 2020; 450.6 shares and 449.5 shares issued and outstanding in 2021 and 2020, respectively 450.6 449.5
Capital in excess of par value of ordinary shares 9,144.7 10,242.4
Accumulated deficit (4,714.0) (4,915.2)
Accumulated other comprehensive loss (1,294.9) (1,622.5)
Total TechnipFMC plc stockholders’ equity 3,586.4 4,154.2
Non-controlling interests 42.9 40.4
Non-controlling interests of discontinued operations 0.0 19.7
Total equity 3,629.3 4,214.3
Total liabilities and equity $ 10,727.9 $ 19,692.6