XML 20 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Lease revenue $ 60.1 $ 46.6 $ 105.1 $ 79.4
Total revenue 1,717.2 1,668.8 3,273.0 3,300.8
Costs and expenses        
Cost of lease revenue 43.4 36.8 83.2 63.0
Selling, general and administrative expense 143.1 172.6 302.7 320.2
Research and development expense 11.5 19.2 26.1 35.7
Impairment, restructuring and other expenses 7.2 2.0 8.2 27.5
Total costs and expenses 1,640.2 1,636.3 3,185.6 3,267.1
Other income (expense), net 3.0 (1.0) 43.8 34.6
Income from equity affiliates 4.3 12.8 9.7 20.5
Income (loss) from investment in Technip Energies 0.8 (146.8) (27.7) 323.3
Income (loss) before net interest expense and income taxes 85.1 (102.5) 113.2 412.1
Interest income 4.0 2.7 8.0 6.8
Interest expense (31.7) (37.9) (69.6) (76.5)
Loss on early extinguishment of debt (29.8) 0.0 (29.8) (23.5)
Income (loss) before income taxes 27.6 (137.7) 21.8 318.9
Provision for income taxes 19.8 34.9 48.3 59.4
Income (loss) from continuing operations 7.8 (172.6) (26.5) 259.5
Net (income) from continuing operations attributable to non-controlling interests (5.7) (2.1) (13.7) (3.9)
Income (loss) from continuing operations attributable to TechnipFMC plc 2.1 (174.7) (40.2) 255.6
Income (loss) from discontinued operations 0.0 7.7 (19.4) (52.5)
Income from discontinued operations attributable to non-controlling interests 0.0 0.0 0.0 (1.9)
Net income (loss) attributable to TechnipFMC plc $ 2.1 $ (167.0) $ (59.6) $ 201.2
Earnings Per Share, Basic and Diluted [Abstract]        
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc Basic (usd per share) $ 0.00 $ (0.39) $ (0.09) $ 0.57
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc Diluted (usd per share) 0.00 (0.39) (0.09) 0.56
Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc basic (usd per share) 0.00 0.02 (0.04) (0.12)
Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc diluted (usd per share) 0.00 0.02 (0.04) (0.12)
Total earnings (loss) per share attributable to TechnipFMC plc Basic (usd per share) 0.00 (0.37) (0.13) 0.45
Total earnings (loss) per share attributable to TechnipFMC plc Diluted (usd per share) $ 0.00 $ (0.37) $ (0.13) $ 0.44
Weighted average shares outstanding (Note 6)        
Basic (in shares) 452.2 450.6 451.6 450.4
Diluted (in shares) 456.8 450.6 451.6 454.9
Service revenue        
Revenue        
Revenue $ 974.9 $ 913.4 $ 1,871.6 $ 1,739.6
Costs and expenses        
Cost of product and service revenue 773.3 833.3 1,604.4 1,577.1
Products        
Revenue        
Revenue 682.2 708.8 1,296.3 1,481.8
Costs and expenses        
Cost of product and service revenue $ 661.7 $ 572.4 $ 1,161.0 $ 1,243.6