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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,203.0 $ 1,327.4
Trade receivables, net of allowances of $38.5 in 2022 and $38.1 in 2021 1,020.8 911.9
Contract assets, net of allowances of $1.3 in 2022 and $1.1 in 2021 983.4 966.0
Inventories, net 1,074.4 1,031.9
Derivative financial instruments 178.5 110.3
Income taxes receivable 82.8 85.0
Advances paid to suppliers 63.9 79.4
Other current assets 583.0 512.3
Investment in Technip Energies 49.1 317.3
Total current assets 5,238.9 5,341.5
Investments in equity affiliates 292.2 292.4
Property, plant and equipment, net of accumulated depreciation of $2,506.9 in 2022 and $2,204.0 in 2021 2,570.0 2,597.2
Operating lease right-of-use assets 780.9 707.9
Finance lease right-of-use assets 51.7 52.2
Intangible assets, net of accumulated amortization of $598.7 in 2022 and $575.5 in 2021 788.4 813.7
Deferred income taxes 68.2 74.3
Derivative financial instruments 144.9 10.5
Other assets 143.8 130.4
Total assets 10,079.0 10,020.1
Liabilities and equity    
Short-term debt and current portion of long-term debt 281.8 277.6
Operating lease liabilities 137.4 126.2
Finance lease liabilities 51.9 0.7
Accounts payable, trade 1,283.6 1,294.3
Contract liabilities 834.7 1,012.9
Accrued payroll 176.7 194.1
Derivative financial instruments 209.2 161.0
Income taxes payable 116.7 124.6
Other current liabilities 582.8 660.4
Total current liabilities 3,674.8 3,851.8
Long-term debt, less current portion 1,723.3 1,727.3
Operating lease liabilities, less current portion 707.4 646.8
Financing lease liabilities, less current portion 0.0 51.1
Deferred income taxes 58.8 47.5
Accrued pension and other post-retirement benefits, less current portion 105.2 113.4
Derivative financial instruments 168.7 15.5
Other liabilities 150.4 148.3
Total liabilities 6,588.6 6,601.7
Commitments and contingent liabilities
Stockholders’ equity (Note 13)    
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2022 and 2021; 452.2 shares and 450.7 shares issued and outstanding in 2022 and 2021, respectively 452.2 450.7
Capital in excess of par value of ordinary shares 9,169.1 9,160.8
Accumulated deficit (4,969.7) (4,903.8)
Accumulated other comprehensive loss (1,185.3) (1,305.0)
Total TechnipFMC plc stockholders’ equity 3,466.3 3,402.7
Non-controlling interests 24.1 15.7
Total equity 3,490.4 3,418.4
Total liabilities and equity $ 10,079.0 $ 10,020.1