ࡱ; ol  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijknpRoot Entry  \pCalc Ba=0 =@ 8X@"1Calibri1Arial1Arial1Arial1Calibri General;6_(\$* #,##0.00_);_(\$* \(#,##0.00\);_(\$* \-??_);_(@_) #,##0.00#\(#,##0.00_);[RED]\(#,##0.00\)'""($"#,##0.00_);[RED]"($"#,##0.00\)3._(\$* #,##0_);_(\$* \(#,##0\);_(\$* \-_);_(@_)!"($"#,##0_);[RED]"($"#,##0\) #,##0                + ) , *   (  " "   "8 # # #8 # ( #4 #4 #4 #4 *8 #4 #4 #4 `|"technipfmc plc$current reportT'current report-1)not applicable+ signaturesX.london paris houston!4reconciliation of us gaap$f:reconciliation of us gaap -1$=reconciliation of us gaap -2"Cnote project inbound order$^Freconciliation of us gaap -3Kcontacts"DNcondensed consolidated staZbusiness segment datazebusiness segment data-1Vjbusiness segment data-2"ncondensed consolidated bal$zcondensed consolidated sta-1!reconciliation of gaap to$֓reconciliation of gaap to -1$jreconciliation of gaap to -2$̧reconciliation of gaap to -3$ reconciliation of gaap to -4$dreconciliation of gaap to -5T `     3  @@   Technipfmc PLCCURRENT REPORTEngland and Wales 001-37983 98-1283037.(State or other jurisdiction of incorporation)(Commission File Number)$(I.R.S. Employer Identification No.)/One St. Paul s ChurchyardLondon, United KingdomEC4M 8AP((Address of principal executive offices) (Zip Code)Not Applicable SIGNATURESĢtv plcBy: /s/ Maryann T. MannenDated: May 9, 2018Name: Maryann T. Mannen>Title: Executive Vice President and Chief Financial OfficerLONDON, PARIS, HOUSTON,'(In millions, except per share amounts)Three Months EndedMarch 31, 2018March 31, 2017ChangeRevenue(7.8)%Net income (loss)($18.7)n/mDiluted EPS (loss)($0.04)Adjusted EBITDA(8.0)%Adjusted EBITDA margin12.4%n/c)Net income, excluding charges and credits8.4%*Diluted EPS, excluding charges and credits7.7%Inbound orders119.4%Backlog(12.7)%mReconciliation of U.S. GAAP to non-GAAP financial measures are detailed below and in the financial schedules. (In millions)(14.3)%Operating profit0.4%(27.9)%14.6%17.3% (276) bps84.4%(6.8)%1Estimated Backlog Scheduling as of March 31, 2018Subsea2018 (9 months)20192020 and beyondTotal(10.8)%42.1%41.3%13.7%8.6%504 bps171.2%(17.4)%QNote: Project inbound order was assigned to Subsea and Onshore/Offshore segments.Onshore/Offshore49.6%Operating profit (loss)($18.6)39.7%13.5%14.5%(96) bps69.6%(5.2)%ContactsInvestor relationsMedia relationsMatt SeinsheimerVice President Investor RelationsTel: +1 281 260 3665Email: Matt SeinsheimerPhillip LindsayDirector Investor Relations (Europe)Tel: +44 (0) 20 3429 3929Email: Phillip LindsayChristophe BelorgeotVice President Corporate CommunicationsTel: +33 1 47 78 39 92 Email: Christophe Belorgeot Delphine NayralSenior Manager Public RelationsTel: +33 1 47 78 34 83Email: Delphine Nayral+CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) March 31,20182017Costs and expensesOther (expense) income, net3Income before net interest expense and income taxesNet interest expenseIncome before income taxesProvision for income taxes:Net loss (income) attributable to noncontrolling interests0Net income (loss) attributable to Ģtv plc2Earnings per share attributable to Ģtv plc:BasicDiluted$Weighted average shares outstanding:!Cash dividends declared per share$ BUSINESS SEGMENT DATASurface Technologies Other revenue Segment operating profit (loss)Total segment operating profitCorporate itemsCorporate expense, net (1)Total corporate items"Net Income before income taxes (2)Inbound Orders (1)Total inbound ordersOrder Backlog (2)Total order backlog%CONDENSED CONSOLIDATED BALANCE SHEETSMarch31, 2018December31, 2017Cash and cash equivalentsTrade receivables, netContract assetsInventories, netOther current assetsTotal current assets"Property, plant and equipment, netGoodwillIntangible assets, net Other assets Total assets5Short-term debt and current portion of long-term debtAccounts payable, tradeContract liabilitiesOther current liabilitiesTotal current liabilities$Long-term debt, less current portionOther liabilities#TechnipFMC plc stockholders equityNoncontrolling interestsTotal liabilities and equity/CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS0Cash provided (required) by operating activities Net incomeDepreciation and amortization*Trade receivables, net and contract assetsOther)Net cash provided by operating activities0Cash provided (required) by investing activitiesCapital expendituresBCash acquired in merger of FMC Technologies, Inc. and Technip S.A.4Net cash provided (required) by investing activities0Cash provided (required) by financing activitiesNet increase (decrease) in debt4Net cash provided (required) by financing activitiesHEffect of changes in foreign exchange rates on cash and cash equivalents0Increase (decrease) in cash and cash equivalents.Cash and cash equivalents, beginning of period(Cash and cash equivalents, end of period5RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURESFIncome before net interest expense and income taxes (Operating profit)ZEarnings before net interest expense, income taxes, depreciation and amortization (EBITDA)Ģtv plc, as reportedCharges and (credits):Impairment and other charges)Restructuring and other severance charges6Business combination transaction and integration costs$Purchase price accounting adjustmentAdjusted financial measures:Net (income) loss attributable to noncontrolling interests%Purchase price accounting adjustments (after-tax)=Net income (loss) attributable to Ģtv plc, as reported Impairment and other charges(1)-Restructuring and other severance charges(2):Business combination transaction and integration costs (3))Purchase price accounting adjustments(4)2Adjusted net income attributable to Ģtv plcKEarnings (loss) per diluted EPS attributable to Ģtv plc, as reported3Adjusted diluted EPS attributable to Ģtv plcCorporate and Other'Operating profit, as reported (pre-tax)@Purchase price accounting adjustments - non-amortization related<Purchase price accounting adjustments - amortization relatedSubtotalAdjusted Operating profit&Adjusted Depreciation and amortization$Operating profit margin, as reported4.6%12.9%8.2%7.3% Adjusted Operating profit margin7.2%13.1%9.8%8.8%Operating profit (pre-tax)3.9%8.1%-7.5%3.5%11.0%10.8%9.2%Net cash M cc   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} ,, PH0(  ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} .} } } } $} ,,,,       PH 0(  ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} /} }  } ,,,     PH0 0(   ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} ,   PH@0(  ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} }  } >}  ,,,, , ,         PHP0(  ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} *} }  } }  } } } ,,,,,, , , , , ,,,,,            ~ #~ 4  ~    ~ S    !~ \~  " # $  $  % &~ {~  ' (Q?~ k ) *~ ~6~  + ,~ ~ a -b     PH`0(  ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} } }  } }  } }  } ,,,,,, , , , , , .     /      ~ 4~ g 0 1~ U~ T 2 !~ ~ t 3 # 4  5  6  *~ s~~ j 7 ,~ KL%~ 3( 8R     PHp0(  ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} 1} }  }  ,,,,,,, 9 :  / ;~  <~ [* =~ s >~ KL%PH 0(   ><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} } }  } }  } } } ,,,,,, , , , , , .     /      ~ s ~  ? 1~  =a@ @ !~ ^ fffffc@ A # B  C  D  *~ J ~  E ,~ -~  FR     PH$0(  $><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} 1} }  }  ,,,,,, , , G 9 H  / ;~ 3 <~ C =~ { >~ -PH(0(  (><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} } }  } }  } } } ,,,,,, , , , , , .     /      ~ D~ # I J~ / K  !~ N~  L # M  N  O  *~ ~  P ,~ ~  QR     PH,0(  ,><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} d} ,,, @ R  S T U VPH00(  0><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} :} $,,,,,, , , , , ,,,,,,,,,,,,,,,,,,, W X  Y Z  [    ~  #  ~  4  \~ !; !~ !3f !~ !u !~ !G !   ]~ ""!9R@!   ^~ !kd!~ !{! _~ "sw"~ ""   `!fffffa@!~ !39! a~ ! M!~ !P!   ~ !ӎ!~ "C" b~ !!~ ""   c~   ~ ##   d   e~  S ~ ## f~  S ~ ##   g   ,!,",#, e~ !{ !~ ! ! !f~ !!!!~ !!!! " " #h~ # 7# #i#=            !!!!""""####PH40(  4><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} "} ,,,,,, , , , , ,,,,,,,,,,,,,,,,,, j X  Y Z  [       :~  4  ~  g  H~ !s  !~ ! ! k~ !D !~ !# ! l m""~  # ~  4   `     n   :~  U ~  T H~ ! =!!a@! k~ !/!"2" o!fffffq@!~ !!   p   q~ ""~ "" _~ "sw"~ "" r"ffffffb""a"   s fffffa@ ~  39 3          PH80(  8><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} }  ,,,,,, , , , , j  t Y Z  [    :~  s~  ~  j   H~ !J  !~ !  ! k~ ! !~ ![y ! u~  ~6   ~            PH<0(  <><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} }  ,,,,,,, , ,  v Y Z  [    :~  KL% ~  3( H~ !-!~ !! k~ ! !~ ! ! w~     ~  a  z    PH@0(  @><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} 5}  ,,, @,, , , , , ,,,,,,,,,,,,,,,,,,, x X   $y $$ $z $$   {~  % ~  3) |~ !2& !~ !c  ! }~ !  !~ !  ! ~~ !T !~ !n ! ~ !J !~ !I  ! ~ !gP !~ !4O !   ~ !;!~ !;! !@!!ffffp@! !fffffV@!~ !$! ~ !!~ !;! ~   ~     ~  C  fffffFS@ ~ !!~ !{)! ~ !!~ !s:! ~ !!~ !"! !Y@!~ !s;!   ~ !3!~ !! ~ !!~ !~! ~ !P!~ !Q! ~ !!~ !!! ~   ~   8          PHD0(  D><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} H} %,,,,,, , , , , ,,,,,,,,,,,,,,,,,,,  X  Y Z  [     ~  ӎ  ~ #C #  !y`@ ! !fffffb@ !  "U "~ !K ! ~~ " "~ ! ! ~ ""~ "C" ~ !:!~ !C! ~ !s+!~ "ss" ~ ""~ !^!      ~ ""~ ""  m~ !C ! ~ ""~ !K! ~ "N"~ !!      ~ """~ "" ~ "q"~ "" ~ ""~ ""   ~ !!~ !!   ,!,",#,$,  "fffff& "~ ! ! ! ! "~ "!3)"!~ "!C&"! # # $~ $ %$ ~ $ *$ ?            !!!!""""####$$$$PH H0(  H><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} 6} ,,,,,, , , , , ,,, > : : c  b   a    _        ~   ~   ~  M ~  #sw#~  kd  y`@ ~  [2                 !@ ! m ~ !C ! m ~ ! ! m ~ ! ! ~ !  ! m  !ffffff@ ! m ~ !K  ! m ~ !K  !  !ffffff@ ! m ~ ![ ! m ~ ! ! m ~ ! ! ~ ![%! m~  !  !  m~ !0!~ ""~ !! ~  { ~   ~  _ ~  #sw#~   ~   ~  \ C                                      PH0L0(  L><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} 6} ,,,,,,, , , , , ,> : : c     a    _        ~ ##~ ##~  P ~  ##~  {  fffffb@  fffffp@                     m  m ~ ! ! m ~ ! ! m ~ ! ! ~ !  ! m ~ ! ! m  !"@ ! m  !"@ !  !YC@ ! m ~ ! ! m ~ !SU ! m ~ !SU ! ~ ! ! m ~ !6 ! !433333? !~ ! !~ " "~ ! ! ~    ~ # #~ ۤ ~ #3 #  s@  ~  ;  ~    B                                      PH@P0(  P><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} K} ,,,,,, , , , , ,,,,,,,,,,,  X  Y Z  [     ~ %~ %~ & &      ~ '  ' m  ~ ''~ '' ~ ''~ '' ~ 'b'~ '~' >~ ''~ '6'   ~ %%~ %%   ~  S ~ ##    Q? ~  k *%          PHPT0(  T><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} @} ,,,,,, , , , , ,,,,,,,,,,,,,,,,,, . * * :  H   k      >  ~  4 ~  s  ~  D  i~  #      ~  U  ~  =  ~ / ~ # #~  kd             ~ ! !~ ! ! m  m ~ ! ! ~ !;!~ !k!~  ! !~  !!~ !K !  m m  m ~  !!~ !! ~ !! m~  ! !  m~ !! ~ !;"! m~  " "~  ""~ !!! ~ !~!~ !{!~  !;  ! ~  !"!~ !K!        ~ !s!~ !B!~  ! 9 !~  ""~ ! !        ~ !S!~ !s !~  ! ! !?!~ ! !        !~   ~  ^ ~  N ~  #˰#~  \                                        # 4 B  M    $|                                                          PH`X0(  X><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} @} ,,,,,,, , , , , ,,,,,,,,,,,,,,,,. * * :  H   k      >  ~  g ~   ~  #  ##~  4        ~  T  a@  #2 #~  ##~  {            ~ !S ! m ~ !S ! m ~ ! ! ~ !+  ! "433333ӿ "~ ! !~ ! ! !"@ ! ~ ![ ! m ~ !C !~ !Q !~ !SU ! ~ !! m !A@ !~  ""~ !! ~ !! m~  !& !~  ""~ ! C! ~ !!"433333ӿ"~  !F ! ~  !O!~ !3.!        ~ !!~ !!~  !) !~  ""!s@!        ~ !C!!ffffff#@! !ffffff"@ ! !@!~ !;!        !~  t  fffffc@ ~   ~  ##~                                          # 5 C  N    ${                                                          PHp\0(  \><dgg   d-C6?_%,*+&ffffff?'ffffff?(?)?"d,, ` `? ` `?U} 5}  ,, @,,, , ,  $y $$ $z $$   {~  % ~  3) ~ "w""fffffFS" ~ "2 "~ "  " ~  C  ~  ×  r    PH`0(  `><dgg   FMicrosoft Excel 97-TabelleBiff8Oh+'0|8 @ L X d p0@@@ɡ@ɡ՜.+,D՜.+,\ H AppVersion DocSecurityHyperlinksChangedLinksUpToDate ScaleCrop ShareDoc12.0000 Root EntryFmWorkbookCompObjIOle SummaryInformation(DocumentSummaryInformation8h