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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 711.5 $ 1,327.4
Trade receivables, net of allowances of $35.9 in 2022 and $38.1 in 2021 1,048.8 911.9
Contract assets, net of allowances of $1.2 in 2022 and $1.1 in 2021 1,023.9 966.0
Inventories, net 1,031.6 1,031.9
Derivative financial instruments 306.1 110.3
Income taxes receivable 79.3 85.0
Advances paid to suppliers 51.9 79.4
Other current assets 505.9 512.3
Investment in Technip Energies 0.0 317.3
Total current assets 4,759.0 5,341.5
Investments in equity affiliates 315.3 292.4
Property, plant and equipment, net of accumulated depreciation of $2,270.1 in 2022 and $2,204.0 in 2021 2,258.2 2,597.2
Operating lease right-of-use assets 734.3 707.9
Finance lease right-of-use assets 51.6 52.2
Intangible assets, net of accumulated amortization of $642.7 in 2022 and $575.5 in 2021 734.2 813.7
Deferred income taxes 72.0 74.3
Derivative financial instruments 13.9 10.5
Other assets 120.4 130.4
Total assets 9,058.9 10,020.1
Liabilities and equity    
Short-term debt and current portion of long-term debt 231.9 277.6
Operating lease liabilities 133.0 126.2
Finance lease liabilities 52.1 0.7
Accounts payable, trade 1,299.4 1,294.3
Contract liabilities 711.1 1,012.9
Accrued payroll 163.0 194.1
Derivative financial instruments 523.9 161.0
Income taxes payable 90.5 124.6
Other current liabilities 534.1 660.4
Total current liabilities 3,739.0 3,851.8
Long-term debt, less current portion 1,134.9 1,727.3
Operating lease liabilities, less current portion 685.1 646.8
Financing lease liabilities, less current portion 1.1 51.1
Deferred income taxes 42.1 47.5
Accrued pension and other post-retirement benefits, less current portion 91.2 113.4
Derivative financial instruments 45.9 15.5
Other liabilities 145.3 148.3
Total liabilities 5,884.6 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; 446.4 shares and 450.7 shares issued and outstanding in 2022 and 2021, respectively 446.4 450.7
Capital in excess of par value of ordinary shares 9,143.8 9,160.8
Accumulated deficit (4,973.9) (4,903.8)
Accumulated other comprehensive loss (1,469.4) (1,305.0)
Total TechnipFMC plc stockholders’ equity 3,146.9 3,402.7
Non-controlling interests 27.4 15.7
Total equity 3,174.3 3,418.4
Total liabilities and equity $ 9,058.9 $ 10,020.1