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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 1,034.0 $ 1,269.2
Trade receivables, net of allowances of $38.3 in 2021 and $40.2 in 2020 1,128.9 987.7
Contract assets, net of allowances of $1.2 in 2021 and $2.4 in 2020 1,027.0 886.8
Inventories, net (Note 8) 1,069.8 1,252.8
Derivative financial instruments (Note 19) 160.3 268.7
Income taxes receivable 95.4 274.7
Advances paid to suppliers 62.6 96.3
Other current assets (Note 9) 533.9 683.4
Investment in Technip Energies (Note 11) 485.3 0.0
Current assets of discontinued operations 0.0 5,725.1
Total current assets 5,597.2 11,444.7
Investments in equity affiliates (Note 11) 295.6 305.5
Property, plant and equipment, net of accumulated depreciation of $2,386.3 in 2021 and $2,154.2 in 2020 2,619.0 2,756.2
Operating lease right-of-use assets 694.3 784.9
Finance lease right-of-use assets 52.6 27.5
Intangible assets, net of accumulated amortization of $468.9 in 2021 and $493.1 in 2020 786.4 851.3
Deferred income taxes 47.6 34.2
Derivative financial instruments (Note 19) 6.4 29.2
Other assets 154.5 175.6
Non-current assets of discontinued operations 0.0 3,283.5
Total assets 10,253.6 19,692.6
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 13) 282.2 624.7
Operating lease liabilities 126.2 195.5
Finance lease liabilities 0.7 26.9
Accounts payable, trade 1,238.0 1,201.0
Contract liabilities 914.6 1,046.8
Accrued payroll 182.6 186.8
Derivative financial instruments (Note 19) 154.6 157.5
Income taxes payable 62.5 61.2
Other current liabilities (Note 9) 729.5 818.3
Current liabilities of discontinued operations 0.0 6,096.5
Total current liabilities 3,690.9 10,415.2
Long-term debt, less current portion (Note 13) 1,973.6 2,835.5
Operating lease liabilities, less current portion 627.1 632.8
Financing lease liabilities, less current portion 51.3 0.0
Deferred income taxes 62.1 79.3
Accrued pension and other post-retirement benefits, less current portion 205.0 268.4
Derivative financial instruments (Note 19) 7.9 18.8
Other liabilities 116.3 103.3
Non-current liabilities of discontinued operations 0.0 1,081.3
Total liabilities 6,734.2 15,434.6
Commitments and contingent liabilities (Note 17)
Mezzanine equity    
Redeemable non-controlling interest 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 9,152.4 10,242.4
Accumulated deficit (4,747.7) (4,915.2)
Accumulated other comprehensive loss (1,358.2) (1,622.5)
Total TechnipFMC plc stockholders’ equity 3,497.1 4,154.2
Non-controlling interests 22.3 40.4
Non-controlling interests of discontinued operations 0.0 19.7
Total equity 3,519.4 4,214.3
Total liabilities and equity $ 10,253.6 $ 19,692.6