TechnipFMC plc
For the period ended Jun 30, 2025. Filed Jul 24, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 24, 2025
FTI$63.98+0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
| (In millions, except par value data) | June 30,2025 | December 31,2024 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $950.0 | $1,157.7 |
| Trade receivables, net of allowances of $51.4 in 2025 and $43.4 in 2024 | 1,307.5 | 1,318.5 |
| Contract assets, net of allowances of $1.3 in 2025 and $1.3 in 2024 | 1,112.3 | 967.7 |
| Inventories, net (Note 7) | 1,221.5 | 1,076.7 |
| Derivative financial instruments (Note 16) | 409.0 | 347.1 |
| Income taxes receivable | 121.7 | 136.6 |
| Advances paid to suppliers | 109.5 | 116.9 |
| Other current assets (Note 8) | 392.0 | 346.4 |
| Total current assets | 5,623.5 | 5,467.6 |
| Investments in equity affiliates (Note 9) | 234.7 | 244.5 |
| Property, plant and equipment, net of accumulated depreciation of $3,178.1 in 2025 and $2,824.0 in 2024 | 2,294.2 | 2,133.8 |
| Operating lease right-of-use assets | 745.8 | 723.3 |
| Finance lease right-of-use assets | 85.0 | 96.9 |
| Intangible assets, net of accumulated amortization of $861.5 in 2025 and $816.6 in 2024 | 494.2 | 508.3 |
| Deferred income taxes | 244.2 | 259.7 |
| Derivative financial instruments (Note 16) | 75.5 | 176.8 |
| Other assets | 284.8 | 258.3 |
| Total assets | $10,081.9 | $9,869.2 |
| Liabilities and equity | ||
| Short-term debt and current portion of long-term debt (Note 11) | $271.2 | $277.9 |
| Operating lease liabilities | 145.0 | 131.0 |
| Finance lease liabilities | 29.6 | 61.9 |
| Accounts payable, trade | 1,293.8 | 1,302.6 |
| Contract liabilities | 2,060.3 | 1,786.6 |
| Accrued payroll | 223.5 | 185.3 |
| Derivative financial instruments (Note 16) | 337.7 | 396.8 |
| Income taxes payable | 153.3 | 156.5 |
| Other current liabilities (Note 8) | 576.6 | 566.2 |
| Total current liabilities | 5,091.0 | 4,864.8 |
| Long-term debt, less current portion (Note 11) | 425.1 | 607.3 |
| Operating lease liabilities, less current portion | 659.8 | 661.5 |
| Financing lease liabilities, less current portion | 69.9 | 51.8 |
| Deferred income taxes | 77.9 | 54.4 |
| Accrued pension and other post-retirement benefits, less current portion | 132.3 | 129.3 |
| Derivative financial instruments (Note 16) | 91.9 | 242.5 |
| Other liabilities | 237.4 | 119.2 |
| Total liabilities | 6,785.3 | 6,730.8 |
| Commitments and contingent liabilities (Note 14) | ||
| Stockholders’ equity (Note 12) | ||
| Ordinary shares, $1.00 par value; 618.3 shares authorized in 2025 and 2024; 411.0 shares and 423.1 shares issued and outstanding in 2025 and 2024, respectively | 411.0 | 423.0 |
| Capital in excess of par value of ordinary shares | 8,261.3 | 8,653.4 |
| Accumulated deficit | (4,073.6) | (4,309.8) |
| Accumulated other comprehensive loss | (1,347.1) | (1,672.8) |
| Total TechnipFMC plc stockholders’ equity | 3,251.6 | 3,093.8 |
| Non-controlling interests | 45.0 | 44.6 |
| Total equity | 3,296.6 | 3,138.4 |
| Total liabilities and equity | $10,081.9 | $9,869.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.