TechnipFMC plc
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
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, 2026 · Filed Jul 30, 2026
FTI$64.55+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Six Months Ended June 30, | ||
|---|---|---|
| (In millions) | 2026 | 2025 |
| Cash provided by operating activities | ||
| Net income | $622.0 | $411.6 |
| Adjustments to reconcile net income to cash provided by operating activities | ||
| Depreciation and amortization | 200.7 | 217.6 |
| Employee benefit plan and share-based compensation costs | 75.6 | 37.8 |
| Deferred income tax provision, net | 46.7 | 63.0 |
| Income from equity affiliates, net of dividends received | (10.8) | 11.3 |
| Changes in operating assets and liabilities | ||
| Trade receivables, net and Contract assets | (436.0) | (78.3) |
| Inventories, net | (83.0) | (90.6) |
| Accounts payable, trade | 338.4 | (84.8) |
| Contract liabilities | 73.0 | 261.2 |
| Income taxes (receivable) payable, net | 48.5 | (5.2) |
| Other current assets and liabilities, net | 84.6 | 18.7 |
| Other operating activities | (79.2) | 23.6 |
| Cash provided by operating activities | 880.5 | 785.9 |
| Cash required by investing activities | ||
| Capital expenditures | (115.7) | (145.4) |
| Other investing activities | 5.4 | 4.6 |
| Cash required by investing activities | (110.3) | (140.8) |
| Cash required by financing activities | ||
| Repayment of debt obligations | (15.0) | (241.6) |
| Share repurchases | (684.9) | (500.2) |
| Dividends paid | (39.7) | (41.6) |
| Payments related to taxes withheld on share-based compensation | (77.8) | (69.2) |
| Other financing activities | 7.4 | (28.2) |
| Cash required by financing activities | (810.0) | (880.8) |
| Effect of changes in foreign exchange rates on cash and cash equivalents | (0.3) | 28.0 |
| Change in cash and cash equivalents | (40.1) | (207.7) |
| Cash and cash equivalents, beginning of period | 1,031.9 | 1,157.7 |
| Cash and cash equivalents, end of period | $991.8 | $950.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.