ࡱ;   !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root Entry  \pCalc Ba=8 =@ 8X@"1Calibri1Arial1Arial1Arial1Calibri General;6_(\$* #,##0.00_);_(\$* \(#,##0.00\);_(\$* \-??_);_(@_) #,##0.003._(\$* #,##0_);_(\$* \(#,##0\);_(\$* \-_);_(@_) #,##0#\(#,##0.00_);[RED]\(#,##0.00\)'""($"#,##0.00_);[RED]"($"#,##0.00\)\(#,##0_);[RED]\(#,##0\)                + ) , *   (  " "   "8 # # # # # # # ( #4 #4 #4 #8 (8 *8 #4 #4 #4 #4 `h+technipfmc plcn-current report@0current report-12not applicable4 signatures!47reconciliation of us gaap$<reconciliation of us gaap -1$\Areconciliation of us gaap -2$BDreconciliation of us gaap -3$Hreconciliation of us gaap -4$Kreconciliation of us gaap -5Pcontacts"Rcondensed consolidated stabbusiness segment data tbusiness segment data-1R{business segment data-2"condensed consolidated bal$condensed consolidated sta-1!8reconciliation of gaap to$reconciliation of gaap to -1$reconciliation of gaap to -2$zreconciliation of gaap to -3$reconciliation of gaap to -4$dreconciliation of gaap to -5$rreconciliation of gaap to -6$reconciliation of gaap to -7$reconciliation of gaap to -8$'reconciliation of gaap to -9T2*p     3  @@  HTechnipfmc PLCCURRENT REPORTEngland and Wales 001-37983 98-1283037.(State or other jurisdiction of incorporation)(Commission File Number)$(I.R.S. Employer Identification No.)/One St. Paul s ChurchyardLondon, United KingdomEC4M 8AP((Address of principal executive offices) (Zip Code)Not Applicable SIGNATURESBy: /s/ Maryann T. MannenDated: October 25, 2017Name: Maryann T. Mannen@Title: Executive Vice President and Chief Financial OfficereReconciliation of U.S. GAAP to non-GAAP financial measures are detailed in financial schedules below.&(In millions except per share amounts).Three Months Ended September 30, 2017GThree Months Ended September 30, 2016 (Pro Forma)ChangeRevenue(17.8%) Net income(63.0%) Diluted EPSAdjusted EBITDA(23.3%)Adjusted EBITDA margin12.9%13.9% (100 bps))Net income, excluding charges and credits*Diluted EPS, excluding charges and creditsInbound ordersBacklog (In millions)HThree Months Ended September 30, 2016 (Pro Forma)(37.0%)Operating profit(71.3%)(48.3%)17.6%21.5% (390 bps)CEstimated Backlog Scheduling as of September 30, 2017 (In millions)Subsea2017 (3 months)20182019 and beyondTotal(3.8%)74.0%84.7%10.6%5.5%+510 bpsOnshore/Offshore19.9%n/m381.1%20.1%5.0% +1,510 bpsContactsInvestor relationsMedia relations\Matt SeinsheimerVice President Investor RelationsTel: +1 281 260 3665Email: Matt SeinsheimermChristophe BelorgeotVice President Corporate CommunicationsTel: +33 1 47 78 39 92 Email: Christophe BelorgeotRJames DavisSenior Manager Investor RelationsTel: +1 281 260 3665Email: James DavisSDelphine NayralManager Public RelationsTel: +33 1 47 78 34 83Email: Delphine NayralTLisa AdamsSenior Manager Digital CommunicationsTel: +1 281 405 4659Email: Lisa Adams+CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)Three Months EndedNine Months Ended September 3020172016Costs and expensesOther income (expense), net3Income before net interest expense and income taxesNet interest expenseIncome before income taxesProvision for income taxes1Net loss attributable to noncontrolling interests)Net income attributable to Ģtv plc2Earnings per share attributable to Ģtv plc:BasicDiluted$Weighted average shares outstanding:BUSINESS SEGMENT DATASurface Technologies +Other revenue and intercompany eliminationsSegment operating profit (loss)Total segment operating profitCorporate itemsCorporate expense, net (1)Interest expenseTotal corporate items"Net income before income taxes (2)(1)Corporate expense, net primarily includes corporate staff expenses, stock-based compensation expenses, other employee benefits, certain foreign exchange gains and losses, and merger-related transaction expenses.(2)Includes amounts attributable to noncontrolling interests.Inbound Orders(1)Total inbound ordersOrder Backlog(2)Total order backlogy(1)Inbound orders represent the estimated sales value of confirmed customer orders received during the reporting period.z(2)Order backlog is calculated as the estimated sales value of unfilled, confirmed customer orders at the reporting date.%CONDENSED CONSOLIDATED BALANCE SHEETSSeptember30, 2017December31, 2016Cash and cash equivalentsTrade receivables, netCosts in excess of billingsInventories, netOther current assetsTotal current assets"Property, plant and equipment, netGoodwillIntangible assets, net Other assets Total assets5Short-term debt and current portion of long-term debtAccounts payable, tradeAdvance paymentsBillings in excess of costsOther current liabilitiesTotal current liabilities$Long-term debt, less current portionOther liabilities#TechnipFMC plc stockholders equityNoncontrolling interestsTotal liabilities and equity/CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS1Cash provided (required) by operating activities:Depreciation and amortization>Trade accounts receivable, net and costs in excess of billings0Advance payments and billings in excess of costsOther)Net cash provided by operating activities1Cash provided (required) by investing activities:Capital expenditures7Cash acquired in merger of Technip and FMC Technologies4Net cash provided (required) by investing activities1Cash provided (required) by financing activities:Net increase (decrease) in debtDividends paid)Net cash 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 MEASURESSeptemeber 30, 2017:Net (income) loss attributable to noncontrolling interestsFIncome 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 costsChange in accounting estimate%Purchase price accounting adjustmentsAdjusted financial measuresPro Forma Three Months EndedSeptember 30, 20167(including legacy FMC Technologies and PPA adjustments)Ģtv plc, as pro formaSeptember 30, 2017Pro Forma Nine Months Ended (after-tax)6Net income attributable to Ģtv plc, as reported Impairment and other charges (1)-Restructuring and other severance charges (2):Business combination transaction and integration costs (3)!Change in accounting estimate (4))Purchase price accounting adjustments (5)2Adjusted net income attributable to Ģtv plc7Diluted EPS attributable to Ģtv plc, as reported3Adjusted diluted EPS attributable to Ģtv plcW(1) Tax effect of $3 million and $(2) million during the three months ended and $4 million and $15 million during the nine months ended September 30, 2017 and 2016, respectively. (2) Tax effect of $20 million and $5 million during the three months ended and $19 million and $20 million during the nine months ended September 30, 2017 and 2016, respectively. (3) Tax effect of $7 million and $5 million during the three months ended and $34 million and $10 million during the nine months ended September 30, 2017 and 2016, respectively. (4) Tax effect of nil and nil during the three months ended and $6 million and nil during the nine months ended September 30, 2017 and 2016, respectively. (5) Tax effect of $9 million and nil during the three months ended and $52 million and nil during the nine months ended September 30, 2017 and 2016, respectively.Corporate and Other'Operating profit, as reported (pre-tax)@Purchase price accounting adjustments - non-amortization related<Purchase price accounting adjustments - amortization relatedSubtotalAdjusted Operating profit&Adjusted Depreciation and amortization$Operating profit margin, as reported7.0%8.9%13.8%7.6% Adjusted Operating profit margin11.3%10.2%15.8%10.1%Revenue, as pro forma(Operating profit (pre-tax), as pro forma%Operating profit margin, as pro forma15.2%4.9%(5.9)%9.2%17.3%5.2%(0.711.4%8.6%9.4%3.3%6.6%13.1%11.7%9.8%19.1%9.9%15.9%12.8%3.6%(12.34.8%14.4%4.7%(0.27.8%18.3%5.1%5.6%Net cash 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} *}  } }  } }  } ,,,,,, , , , , ,,,,      ffff,@~ 3  ~ ~   ~ k    @~ D     ! 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