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STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
Accumulated other comprehensive income (loss) for three months ended March 31, 2024 and 2023 consisted of the following:
(In millions)Foreign Currency
Translation
HedgingDefined 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)$(9.8)
Other comprehensive income (loss) before reclassifications, net of tax17.9 (6.1)(2.0)9.8 (2.0)
Reclassification adjustment for net (gains) losses included in net income (loss), net of tax(0.1)1.6 2.3 3.8 — 
Other comprehensive income (loss), net of tax17.8 (4.5)0.3 13.6 (2.0)
March 31, 2023$(1,159.9)$(21.6)$(106.6)$(1,288.1)$(11.8)
December 31, 2023$(1,120.5)$20.9 $(142.4)$(1,242.0)$(6.0)
Other comprehensive income (loss) before reclassifications, net of tax(62.8)(34.4)4.1 (93.1)0.1 
Reclassification adjustment for net (gains) losses included in net income, net of tax10.5 (3.1)0.9 8.3 — 
Other comprehensive income (loss), net of tax(52.3)(37.5)5.0 (84.8)0.1 
March 31, 2024$(1,172.8)$(16.6)$(137.4)$(1,326.8)$(5.9)
Schedule of Reclassifications Out of Accumulated other Comprehensive Loss
Reclassifications out of accumulated other comprehensive income (loss) consisted of the following:
Three Months Ended
March 31,
(In millions)20242023
Details about Accumulated Other Comprehensive Income (loss) ComponentsAmount Reclassified out of Accumulated Other Comprehensive
Income (Loss)
Affected Line Item in the Condensed Consolidated Statements of Income
Release of CTA loss(10.5)— Other income (expense), net
$(10.5)$— 
Gains (losses) on hedging instruments
Foreign exchange contracts$0.9 $(1.7)Revenue
0.6 3.5 Cost of sales
2.8 (4.1)Other income (expense), net
4.3 (2.3)Income (loss) before income taxes
1.2 (0.7)Provision for income taxes
$3.1 $(1.6)Net income (loss)
Pension and other post-retirement benefits
Amortization of prior service credit (cost)$(0.1)$(0.1)
Other income (expense), net(a)
Amortization of net actuarial loss(2.1)(3.2)
Other income (expense), net(a)
Reclassification adjustment for net gain included in net income2.3 — 
Other income (expense), net(a)
0.1 (3.3)Income (loss) before income taxes
1.0 (1.0)Provision for income taxes
$(0.9)$(2.3)Net income (loss)
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost.