STOCKHOLDERS’ EQUITY (Tables)

9 Months Ended

Sep. 30, 2023

Stockholders' Equity Note [Abstract]

Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive income (loss) for three and nine months ended September 30, 2023 and 2022 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
June 30, 2023	$	(1,124.6)	$	(33.4)	$	(102.2)	$	(1,260.2)	$	(13.0)
Other comprehensive income (loss) before reclassifications, net of tax	(57.6)		5.7		0.5		(51.4)		7.0
Reclassification adjustment for net (gains) losses included in net income (loss), net of tax	—		(12.4)		2.3		(10.1)		—
Other comprehensive income (loss), net of tax	(57.6)		(6.7)		2.8		(61.5)		7.0
September 30, 2023	$	(1,182.2)	$	(40.1)	$	(99.4)	$	(1,321.7)	$	(6.0)
June 30, 2022	$	(1,158.3)	$	(64.1)	$	(124.6)	$	(1,347.0)	$	(10.1)
Other comprehensive loss before reclassifications, net of tax	(97.2)		(33.4)		(1.5)		(132.1)		(2.8)
Reclassification adjustment for net losses included in net income, net of tax	—		6.7		3.0		9.7		—
Other comprehensive income (loss), net of tax	(97.2)		(26.7)		1.5		(122.4)		(2.8)
September 30, 2022	$	(1,255.5)	$	(90.8)	$	(123.1)	$	(1,469.4)	$	(12.9)

(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, 2022	$	(1,177.7)	$	(17.1)	$	(106.9)	$	(1,301.7)	$	(9.8)
Other comprehensive income (loss) before reclassifications, net of tax	(4.4)		(19.2)		0.7		(22.9)		3.8
Reclassification adjustment for net (gains) losses included in net income (loss), net of tax	(0.1)		(3.8)		6.8		2.9		—
Other comprehensive income (loss), net of tax	(4.5)		(23.0)		7.5		(20.0)		3.8
September 30, 2023	(1,182.2)		(40.1)		(99.4)		(1,321.7)		(6.0)
December 31, 2021	$	(1,158.4)	$	(17.3)	$	(129.3)	$	(1,305.0)	$	(5.7)
Other comprehensive loss before reclassifications, net of tax	(97.1)		(92.0)		(3.0)		(192.1)		(7.2)
Reclassification adjustment for net losses included in net income (loss), net of tax	—		18.5		9.2		27.7		—
Other comprehensive income (loss), net of tax	(97.1)		(73.5)		6.2		(164.4)		(7.2)
September 30, 2022	(1,255.5)		(90.8)		(123.1)		(1,469.4)		(12.9)

Schedule of Reclassifications Out of Accumulated other Comprehensive Loss

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In millions)	2023		2022		2023		2022
Details about Accumulated Other Comprehensive Income (loss) Components	Amount Reclassified out of Accumulated Other Comprehensive Income (Loss)								Affected Line Item in the Condensed Consolidated Statements of Income
Gains (losses) on hedging instruments
Foreign exchange contracts	$	(0.5)	$	(1.4)	$	(9.0)	$	(1.9)	Revenue
	21.7		(5.6)		22.4		(12.6)		Cost of sales
	(0.1)		—		(0.2)		(0.3)		Selling, general and administrative expense
	(2.1)		(2.2)		(6.5)		(11.1)		Other income (expense), net
	19.0		(9.2)		6.7		(25.9)		Income (loss) before income taxes
	6.6		(2.5)		2.9		(7.4)		Provision for income taxes
	$	12.4	$	(6.7)	$	3.8	$	(18.5)	Net income (loss)
Pension and other post-retirement benefits
Amortization of prior service credit (cost)	$	(0.1)	$	(0.1)	$	(0.2)	$	(0.3)	Other income (expense), net (a)
Amortization of net actuarial loss	(2.7)		(5.8)		(5.1)		(14.9)		Other income (expense), net (a)
	(2.8)		(5.9)		(5.3)		(15.2)		Income (loss) before income taxes
	(0.5)		(2.9)		1.5		(6.0)		Provision for income taxes
	$	(2.3)	$	(3.0)	$	(6.8)	$	(9.2)	Net income (loss)

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