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STOCKHOLDERS’ EQUITY
6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS’ EQUITY STOCKHOLDERS’ EQUITY
On February 17, 2026, the Company announced that its Board of Directors authorized and declared a quarterly cash dividend of $0.05 per share, payable on April 1, 2026 to shareholders and represents $0.20 per share on an annualized basis. The cash dividends paid during the three and six months ended June 30, 2026 were $19.8 million and $39.7 million, respectively and for the three and six months ended June 30, 2025 were $20.6 million and $41.6 million, respectively.
On October 22, 2025, our Board of Directors authorized additional share repurchases of up to $2.0 billion, increasing the Company’s total share repurchase authorization to $3.8 billion. Pursuant to this share repurchase program, we repurchased $420.1 million and $684.9 million during the three and six months ended June 30, 2026, respectively, and $250.1 million and $500.2 million during the three and six months ended June 30, 2025, respectively.
Based upon the remaining repurchase authority of $1.5 billion and the closing stock price as of June 30, 2026, approximately 22.5 million ordinary shares could be subject to repurchase. Since the initial share repurchase authorization in July 2022, we have purchased an aggregate amount of $2.3 billion of ordinary shares through June 30, 2026. All repurchased shares were cancelled.
Accumulated other comprehensive loss for the three and six months ended June 30, 2026 and 2025 consisted of the following:
(In millions)Foreign Currency
Translation
HedgingDefined Pension 
and Other
Post-Retirement
Benefits
Accumulated Other
Comprehensive 
Loss Attributable to
TechnipFMC plc
Accumulated Other
Comprehensive
Loss Attributable
to Non-Controlling Interest
March 31, 2026$(1,181.1)$(20.4)$(145.8)$(1,347.3)$(5.9)
Other comprehensive income (loss) before reclassifications, net of tax(14.1)1.4 0.7 (12.0)(1.3)
Reclassification adjustment for net (gains) losses included in net income (loss), net of tax— (14.5)0.7 (13.8)— 
Other comprehensive income (loss), net of tax(14.1)(13.1)1.4 (25.8)(1.3)
June 30, 2026$(1,195.2)$(33.5)$(144.4)$(1,373.1)$(7.2)
March 31, 2025$(1,296.3)$(71.7)$(154.8)$(1,522.8)$(6.1)
Other comprehensive income (loss) before reclassifications, net of tax121.2 50.7 (3.4)168.5 0.2 
Reclassification adjustment for net losses included in net income, net of tax— 4.8 2.4 7.2 — 
Other comprehensive income (loss), net of tax121.2 55.5 (1.0)175.7 0.2 
June 30, 2025$(1,175.1)$(16.2)$(155.8)$(1,347.1)$(5.9)
(In millions)Foreign Currency
Translation
HedgingDefined Pension 
and Other
Post-Retirement
Benefits
Accumulated Other
Comprehensive 
Loss Attributable to
TechnipFMC plc
Accumulated Other
Comprehensive
Loss Attributable
to Non-Controlling Interest
December 31, 2025$(1,176.4)$(44.0)$(137.0)$(1,357.4)$(5.9)
Other comprehensive income (loss) before reclassifications, net of tax(18.8)41.6 (9.1)13.7 (1.3)
Reclassification adjustment for net (gains) losses included in net income, net of tax— (31.1)1.7 (29.4)— 
Other comprehensive income (loss), net of tax(18.8)10.5 (7.4)(15.7)(1.3)
June 30, 2026$(1,195.2)$(33.5)$(144.4)$(1,373.1)$(7.2)
December 31, 2024$(1,386.3)$(131.6)$(154.9)$(1,672.8)$(6.2)
Other comprehensive income (loss) before reclassifications, net of tax211.2 109.9 (5.7)315.4 0.3 
Reclassification adjustment for net losses included in net income, net of tax— 5.5 4.8 10.3 — 
Other comprehensive income, net of tax211.2 115.4 (0.9)325.7 0.3 
June 30, 2025$(1,175.1)$(16.2)$(155.8)$(1,347.1)$(5.9)
Reclassifications out of accumulated other comprehensive loss consisted of the following:
Three Months EndedSix Months Ended
June 30,June 30,
(In millions)2026202520262025
Details about Accumulated Other Comprehensive Income (loss) ComponentsAmount Reclassified out of Accumulated Other Comprehensive Income (loss)Affected Line Item in the Condensed Consolidated Statements of Income
Gains (losses) on hedging instruments
Foreign exchange contracts$15.4 $(14.0)$15.7 $(22.8)Revenue
(8.2)13.0 10.4 25.5 Cost of sales
12.2 (6.0)11.8 (9.0)Other income (expense), net
19.4 (7.0)37.9 (6.3)
4.9 (2.2)6.8 (0.8)Provision (benefit) for income taxes
$14.5 $(4.8)$31.1 $(5.5)
Pension and other post-retirement benefits
Amortization of prior service credit (cost)$— $— $(0.1)$(0.1)
Other income (expense), net(a)
Amortization of net actuarial loss(0.9)(3.0)(2.0)(6.0)
Other income (expense), net(a)
(0.9)(3.0)(2.1)(6.1)
(0.2)(0.6)(0.4)(1.3)Provision (benefit) for income taxes
$(0.7)$(2.4)$(1.7)$(4.8)
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost.