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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 1,075.0 $ 916.2
Trade receivables, net of allowances of $17.4 in 2016 and $19.2 in 2015 782.2 884.0
Costs in excess of billings 665.7 638.4
Inventories, net (Note 7) 679.0 764.1
Derivative financial instruments (Note 16) 151.8 333.9
Prepaid expenses 53.4 48.9
Income taxes receivable 48.1 68.7
Other current assets 250.0 276.0
Total current assets 3,705.2 3,930.2
Investments 25.2 29.6
Property, plant and equipment, net of accumulated depreciation of $957.3 in 2016 and $892.1 in 2015 1,328.8 1,371.5
Goodwill 522.5 514.7
Intangible assets, net of accumulated amortization of $152.1 in 2016 and $139.9 in 2015 230.8 246.3
Deferred income taxes 184.3 183.3
Derivative financial instruments (Note 16) 2.6 0.1
Other assets 161.4 143.7
Total assets 6,160.8 6,419.4
Liabilities and equity    
Short-term debt and current portion of long-term debt 27.6 21.9
Accounts payable, trade 415.0 519.3
Advance payments 456.9 464.1
Billings in excess of costs 146.4 200.5
Accrued payroll 169.2 185.8
Derivative financial instruments (Note 16) 216.5 516.9
Income taxes payable 41.0 57.2
Other current liabilities 315.1 339.6
Total current liabilities 1,787.7 2,305.3
Long-term debt, less current portion (Note 10) 1,298.7 1,134.1
Accrued pension and other post-retirement benefits, less current portion 210.5 230.4
Derivative financial instruments (Note 16) 7.0 0.5
Deferred income taxes 119.4 105.4
Other liabilities 93.3 100.5
Commitments and contingent liabilities (Note 11)
Stockholders’ equity (Note 12):    
Preferred stock, $0.01 par value, 12.0 shares authorized in 2016 and 2015; no shares issued in 2016 or 2015 0.0 0.0
Common stock, $0.01 par value, 600.0 shares authorized in 2016 and 2015; 286.3 shares issued in 2016 and 2015; 225.6 and 226.8 shares outstanding in 2016 and 2015, respectively 2.9 2.9
Common stock held in employee benefit trust, at cost; 0.2 shares in 2016 and 2015 (7.0) (7.0)
Treasury stock, at cost; 60.5 and 59.4 shares in 2016 and 2015, respectively (1,638.5) (1,607.8)
Capital in excess of par value of common stock 761.6 759.0
Retained earnings 4,271.7 4,249.7
Accumulated other comprehensive loss (762.5) (872.7)
Total FMC Technologies, Inc. stockholders’ equity 2,628.2 2,524.1
Noncontrolling interests 16.0 19.1
Total equity 2,644.2 2,543.2
Total liabilities and equity $ 6,160.8 $ 6,419.4