XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue:        
Product revenue $ 1,559.0 $ 1,370.5 $ 4,598.5 $ 4,070.0
Service and other revenue 417.7 354.0 1,187.9 1,008.4
Total revenue 1,976.7 1,724.5 5,786.4 5,078.4
Costs and expenses:        
Cost of product revenue 1,198.9 1,106.6 3,545.3 3,280.8
Cost of service and other revenue 280.7 247.2 845.6 730.3
Selling, general and administrative expense 170.8 165.9 542.0 508.8
Research and development expense 29.9 27.2 84.6 84.9
Total costs and expenses 1,680.3 1,546.9 5,017.5 4,604.8
Gain on sale of Material Handling Products (Note 4) (1.3)   84.3  
Other income (expense), net (26.5) (0.2) (29.2) 1.0
Income before net interest expense and income taxes 268.6 177.4 824.0 474.6
Net interest expense (8.0) (8.2) (24.5) (25.1)
Income before income taxes 260.6 169.2 799.5 449.5
Provision for income taxes 90.1 51.8 264.8 122.0
Net income 170.5 117.4 534.7 327.5
Net income attributable to noncontrolling interests (0.7) (1.4) (3.4) (3.9)
Net income attributable to FMC Technologies, Inc. $ 169.8 $ 116.0 $ 531.3 $ 323.6
Earnings per share attributable to FMC Technologies, Inc. (Note 3):        
Basic $ 0.72 $ 0.49 $ 2.24 $ 1.36
Diluted $ 0.72 $ 0.49 $ 2.24 $ 1.35
Weighted average shares outstanding (Note 3):        
Basic 236.4 238.2 236.8 238.4
Diluted 237.0 238.9 237.3 239.2