STOCKHOLDERS’ EQUITY

6 Months Ended

Jun. 30, 2022

Stockholders' Equity Note [Abstract]

STOCKHOLDERS’ EQUITY

STOCKHOLDERS’ EQUITY

Accumulated other comprehensive income (loss) consisted of the following:

(In millions)	Foreign Currency Translation		Hedging		Defined Pension  and Other Post-Retirement Benefits		Accumulated Other Comprehensive  Loss Attributable to TechnipFMC plc		Accumulated Other Comprehensive  Loss Attributable to Non-Controlling Interest
March 31, 2022	$	(1,033.1)	$	(25.8)	$	(126.4)	$	(1,185.3)	$	(5.3)
Other comprehensive loss before reclassifications, net of tax	(125.2)		(43.7)		(1.3)		(170.2)		(4.8)
Reclassification adjustment for net losses included in net income, net of tax	—		5.4		3.1		8.5		—
Other comprehensive income (loss), net of tax	(125.2)		(38.3)		1.8		(161.7)		(4.8)
June 30, 2022	$	(1,158.3)	$	(64.1)	$	(124.6)	$	(1,347.0)	$	(10.1)

(In millions)	Foreign Currency Translation		Hedging		Defined Pension  and Other Post-Retirement Benefits		Accumulated Other Comprehensive  Loss Attributable to TechnipFMC plc		Accumulated Other Comprehensive  Loss Attributable to Non-Controlling Interest
December 31, 2021	$	(1,158.4)	$	(17.3)	$	(129.3)	$	(1,305.0)	$	(5.7)
Other comprehensive income (loss) before reclassifications, net of tax	0.1		(58.6)		(1.5)		(60.0)		(4.4)
Reclassification adjustment for net losses included in net income (loss), net of tax	—		11.8		6.2		18.0		—
Other comprehensive income (loss), net of tax	0.1		(46.8)		4.7		(42.0)		(4.4)
June 30, 2022	$	(1,158.3)	$	(64.1)	$	(124.6)	$	(1,347.0)	$	(10.1)

Reclassifications out of accumulated other comprehensive income (loss) consisted of the following:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In millions)	2022		2021		2022		2021
Details about Accumulated Other Comprehensive Income (loss) Components	Amount Reclassified out of Accumulated Other Comprehensive Loss								Affected Line Item in the Condensed Consolidated Statements of Income
Gains (losses) on hedging instruments
Foreign exchange contracts	$	4.1	$	(15.6)	$	(0.5)	$	(26.0)	Revenue
	(6.6)		3.2		(7.0)		11.5		Cost of sales
	(0.2)		0.1		(0.3)		0.2		Selling, general and administrative expense
	(4.9)		2.9		(8.9)		6.9		Other income (expense), net
	(7.6)		(9.4)		(16.7)		(7.4)		Income (loss) before income taxes
	(2.2)		(4.7)		(4.9)		(5.4)		Provision for income taxes
	$	(5.4)	$	(4.7)	$	(11.8)	$	(2.0)	Net income (loss)
Pension and other post-retirement benefits
Amortization of prior service credit (cost)	$	(0.1)	$	(0.2)	$	(0.2)	$	(0.3)	(a)
Amortization of net actuarial loss	(5.7)		(6.1)		(9.1)		(13.0)		(a)
	(5.8)		(6.3)		(9.3)		(13.3)		Income (loss) before income taxes
	(2.7)		(1.3)		(3.1)		(3.4)		Provision for income taxes
	$	(3.1)	$	(5.0)	$	(6.2)	$	(9.9)	Net income (loss)

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost.