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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 1,074.2 $ 916.2
Trade receivables, net of allowances of $17.2 in 2016 and $19.2 in 2015 681.0 884.0
Costs in excess of billings 638.9 638.4
Inventories, net (Note 7) 641.6 764.1
Derivative financial instruments (Note 16) 128.3 333.9
Prepaid expenses 43.4 48.9
Income taxes receivable 71.9 68.7
Other current assets 223.0 276.0
Total current assets 3,502.3 3,930.2
Investments 26.4 29.6
Property, plant and equipment, net of accumulated depreciation of $993.9 in 2016 and $892.1 in 2015 1,309.6 1,371.5
Goodwill 523.9 514.7
Intangible assets, net of accumulated amortization of $158.7 in 2016 and $139.9 in 2015 225.0 246.3
Deferred income taxes 192.6 183.3
Derivative financial instruments (Note 16) 6.5 0.1
Other assets 177.4 143.7
Total assets 5,963.7 6,419.4
Liabilities and equity    
Short-term debt and current portion of long-term debt 19.0 21.9
Accounts payable, trade 375.3 519.3
Advance payments 400.5 464.1
Billings in excess of costs 110.4 200.5
Accrued payroll 173.0 185.8
Derivative financial instruments (Note 16) 205.6 516.9
Income taxes payable 42.8 57.2
Other current liabilities 319.4 339.6
Total current liabilities 1,646.0 2,305.3
Long-term debt, less current portion (Note 10) 1,245.1 1,134.1
Accrued pension and other post-retirement benefits, less current portion 152.1 230.4
Derivative financial instruments (Note 16) 10.7 0.5
Deferred income taxes 128.8 105.4
Other liabilities 87.1 100.5
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; 225.7 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 (6.9) (7.0)
Treasury stock, at cost; 60.4 and 59.4 shares in 2016 and 2015, respectively (1,636.6) (1,607.8)
Capital in excess of par value of common stock 764.1 759.0
Retained earnings 4,300.0 4,249.7
Accumulated other comprehensive loss (745.2) (872.7)
Total FMC Technologies, Inc. stockholders’ equity 2,678.3 2,524.1
Noncontrolling interests 15.6 19.1
Total equity 2,693.9 2,543.2
Total liabilities and equity $ 5,963.7 $ 6,419.4