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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 585.2 $ 1,057.1
Trade receivables, net of allowances of $38.9 in 2023 and $34.1 in 2022 1,206.2 966.5
Contract assets, net of allowances of $1.7 in 2023 and $1.1 in 2022 1,266.5 981.6
Inventories, net (Note 7) 1,158.2 1,039.7
Derivative financial instruments (Note 15) 241.2 282.7
Income taxes receivable 119.1 125.3
Advances paid to suppliers 83.9 80.8
Other current assets (Note 8) 581.8 455.0
Total current assets 5,242.1 4,988.7
Investments in equity affiliates (Note 9) 267.1 325.0
Property, plant and equipment, net of accumulated depreciation of $2,713.0 in 2023 and $2,255.5 in 2022 2,350.5 2,354.9
Operating lease right-of-use assets 800.2 801.9
Finance lease right-of-use assets 59.3 51.6
Intangible assets, net of accumulated amortization of $707.2 in 2023 and $663.8 in 2022 673.9 716.0
Deferred income taxes 79.7 72.5
Derivative financial instruments (Note 15) 17.9 7.2
Other assets 142.2 126.5
Total assets 9,632.9 9,444.3
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 11) 429.5 367.3
Operating lease liabilities 143.2 136.1
Finance lease liabilities 2.8 51.9
Accounts payable, trade 1,516.5 1,282.8
Contract liabilities 1,219.0 1,156.4
Accrued payroll 173.0 175.6
Derivative financial instruments (Note 15) 246.3 346.6
Income taxes payable 102.8 96.7
Other current liabilities (Note 8) 604.9 560.9
Total current liabilities 4,438.0 4,174.3
Long-term debt, less current portion (Note 11) 999.7 999.3
Operating lease liabilities, less current portion 725.5 735.7
Financing lease liabilities, less current portion 59.6 1.4
Deferred income taxes 57.7 55.5
Accrued pension and other post-retirement benefits, less current portion 52.2 59.7
Derivative financial instruments (Note 15) 22.9 3.6
Other liabilities 146.1 138.1
Total liabilities 6,501.7 6,167.6
Commitments and contingent liabilities (Note 13)
Stockholders’ equity (Note 12)    
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2023 and 2022; 438.1 shares and 442.2 shares issued and outstanding in 2023 and 2022, respectively 438.1 442.2
Capital in excess of par value of ordinary shares 9,018.1 9,109.7
Accumulated deficit (5,096.4) (5,010.0)
Accumulated other comprehensive loss (1,260.2) (1,301.7)
Total TechnipFMC plc stockholders’ equity 3,099.6 3,240.2
Non-controlling interests 31.6 36.5
Total equity 3,131.2 3,276.7
Total liabilities and equity $ 9,632.9 $ 9,444.3