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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash provided (required) by operating activities      
Net income (loss) $ (81.8) $ 14.4 $ (3,237.9)
Net (income) loss from discontinued operations 45.3 72.6 (280.2)
Adjustments to reconcile net loss to cash provided (required) by operating activities      
Depreciation and Amortization 377.2 385.4 412.1
Impairments 4.7 49.1 3,273.8
Employee benefit plan and share-based compensation costs 33.5 34.3 36.4
Deferred income tax benefit (13.0) (95.1) (31.8)
(Income) loss from investment in Technip Energies 27.7 (322.2) 0.0
Unrealized (gain) loss on derivative instruments and foreign exchange 54.0 30.8 (13.3)
Income from equity affiliates, net of dividends received (31.9) (0.6) (58.2)
Loss on early extinguishment of debt 29.8 61.9 0.0
Other 6.7 (5.5) (32.7)
Changes in operating assets and liabilities, net of effects of acquisitions      
Trade receivables, net and contract assets (160.2) (73.1) 433.4
Inventories, net (35.0) 197.7 87.4
Accounts payable, trade 52.1 93.8 (236.4)
Contract liabilities 164.5 0.9 (61.8)
Income taxes payable (receivable), net (62.1) 214.7 (56.1)
Other current assets and liabilities, net (40.4) 63.5 551.2
Other non-current assets and liabilities, net (19.0) (7.6) (13.5)
Cash provided by operating activities from continuing operations 352.1 715.0 772.4
Cash provided (required) by operating activities from discontinued operations 0.0 66.3 (115.5)
Cash provided by operating activities 352.1 781.3 656.9
Cash provided (required) by investing activities      
Capital expenditures (157.9) (191.7) (256.1)
Payment to acquire debt securities 0.0 (29.1) (3.9)
Proceeds from sale of debt securities 9.7 27.4 51.5
Acquisitions, net of cash acquired 0.0 (15.3) 0.0
Proceeds from sale of assets 30.2 104.6 45.5
Proceeds from sales of investment in Technip Energies 288.5 900.9 0.0
Proceeds from repayment of advance to joint venture 12.5 25.0 26.7
Other (20.8) 0.0 15.5
Cash provided (required) by investing activities from continuing operations 162.2 821.8 (120.8)
Cash required by investing activities from discontinued operations 0.0 (4.5) (59.8)
Cash provided (required) by investing activities 162.2 817.3 (180.6)
Cash required by financing activities      
Decrease in short-term debt (200.4) (62.0) (31.9)
Cash settlement for derivative hedging debt (80.5) 0.0 0.0
Net decrease in commercial paper 0.0 (974.3) (340.9)
Proceeds from issuance of long-term debt 60.9 1,164.4 223.2
Repayments of long-term debt (451.7) (1,462.2) (423.9)
Payments for debt issuance cost 0.0 (60.4) 0.0
Share repurchases (100.2) 0.0 0.0
Dividends paid 0.0 0.0 (59.2)
Acquisition of non-controlling interest 0.0 (48.6) 0.0
Other (24.8) (4.2) (19.2)
Cash required by financing activities from continuing operations (796.7) (1,447.3) (651.9)
Cash required by financing activities from discontinued operations 0.0 (3,617.7) (430.3)
Cash required by financing activities (796.7) (5,065.0) (1,082.2)
Effect of changes in foreign exchange rates on cash and cash equivalents 12.1 (14.0) 223.5
Decrease in cash and cash equivalents (270.3) (3,480.4) (382.4)
Cash and cash equivalents in the statement of cash flows, beginning of year 1,327.4 4,807.8 5,190.2
Cash and cash equivalents in the statement of cash flows, end of year 1,057.1 1,327.4 4,807.8
Supplemental disclosures of cash flow information attributable to continuing operations      
Cash paid for interest (net of interest capitalized) 109.2 104.1 96.0
Cash paid for income taxes (net of refunds received) 189.2 25.1 107.8
Cash and cash equivalents 1,057.1 1,327.4 1,269.2
Cash and cash equivalents attributable to discontinued operations 0.0 0.0 3,538.6
Total cash and cash equivalents in the statement of cash flows $ 1,057.1 $ 1,327.4 $ 4,807.8