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TechnipFMC (XPAR:FTI) Construction In Progress : €0 Mil (As of Mar. 2024)


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What is TechnipFMC Construction In Progress?

TechnipFMC's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€146 Mil) but then declined from Dec. 2023 (€146 Mil) to Mar. 2024 (€0 Mil).

TechnipFMC's annual construction in progress increased from Dec. 2021 (€98 Mil) to Dec. 2022 (€110 Mil) and increased from Dec. 2022 (€110 Mil) to Dec. 2023 (€146 Mil).


TechnipFMC Construction In Progress Historical Data

The historical data trend for TechnipFMC's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TechnipFMC Construction In Progress Chart

TechnipFMC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.81 121.08 97.79 110.17 145.99

TechnipFMC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 145.99 -

TechnipFMC Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


TechnipFMC (XPAR:FTI) Business Description

Industry
Traded in Other Exchanges
Address
13460 Lockwood Road, Houston, TX, USA, 77044
TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.