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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 684.9 $ 1,327.4
Trade receivables, net of allowances of $37.2 in 2022 and $38.1 in 2021 1,097.8 911.9
Contract assets, net of allowances of $1.2 in 2022 and $1.1 in 2021 1,025.0 966.0
Inventories, net 1,067.1 1,031.9
Derivative financial instruments 213.4 110.3
Income taxes receivable 92.1 85.0
Advances paid to suppliers 51.1 79.4
Other current assets 503.2 512.3
Investment in Technip Energies 0.0 317.3
Total current assets 4,734.6 5,341.5
Investments in equity affiliates 301.9 292.4
Property, plant and equipment, net of accumulated depreciation of $2,352.5 in 2022 and $2,204.0 in 2021 2,391.3 2,597.2
Operating lease right-of-use assets 806.4 707.9
Finance lease right-of-use assets 51.3 52.2
Intangible assets, net of accumulated amortization of $620.9 in 2022 and $575.5 in 2021 761.4 813.7
Deferred income taxes 72.2 74.3
Derivative financial instruments 24.7 10.5
Other assets 143.3 130.4
Total assets 9,287.1 10,020.1
Liabilities and equity    
Short-term debt and current portion of long-term debt 274.0 277.6
Operating lease liabilities 151.6 126.2
Finance lease liabilities 51.7 0.7
Accounts payable, trade 1,250.4 1,294.3
Contract liabilities 804.4 1,012.9
Accrued payroll 166.2 194.1
Derivative financial instruments 342.0 161.0
Income taxes payable 90.9 124.6
Other current liabilities 549.3 660.4
Total current liabilities 3,680.5 3,851.8
Long-term debt, less current portion 1,200.7 1,727.3
Operating lease liabilities, less current portion 717.6 646.8
Financing lease liabilities, less current portion 0.0 51.1
Deferred income taxes 48.5 47.5
Accrued pension and other post-retirement benefits, less current portion 98.8 113.4
Derivative financial instruments 53.0 15.5
Other liabilities 143.6 148.3
Total liabilities 5,942.7 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 9,178.2 9,160.8
Accumulated deficit (4,964.0) (4,903.8)
Accumulated other comprehensive loss (1,347.0) (1,305.0)
Total TechnipFMC plc stockholders’ equity 3,319.4 3,402.7
Non-controlling interests 25.0 15.7
Total equity 3,344.4 3,418.4
Total liabilities and equity $ 9,287.1 $ 10,020.1