Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Product revenue | 3,319.80 | 3,267.40 | 2,857.00 | 2,804.40 | 3,200.40 | 3,352.90 | 2,565.20 | 2,651.80 | -- | 5,084.50 |
Service and other revenue | 5,520.80 | 4,283.30 | 3,628.30 | 3,440.70 | 9,708.20 | 9,789.70 | 9,765.00 | 12,210.50 | -- | 1,024.80 |
Lease and other revenue | 242.70 | 273.50 | 215.10 | 158.40 | 142.00 | 266.50 | 222.70 | 194.60 | -- | 253.40 |
Revenue | -- | -- | -- | -- | -- | -- | -- | -- | 4,542.30 | -- |
Total Revenues | 9,083.30 | 7,824.20 | 6,700.40 | 6,403.50 | 13,050.60 | 13,409.10 | 12,552.90 | 15,056.90 | 4,542.30 | 6,362.70 |
Costs and expenses | -- | -- | -- | -- | -- | -- | -- | -- | 4,362.00 | -- |
Cost of product revenue | 2,591.20 | 2,936.30 | 2,595.70 | 2,366.50 | 2,830.80 | 3,015.60 | 2,234.50 | 2,403.40 | -- | 3,915.90 |
Cost of service and other revenue | 4,617.00 | 3,425.30 | 3,042.20 | 3,084.70 | 8,261.90 | 7,767.20 | 7,895.10 | 9,984.00 | -- | 772.10 |
Cost of lease and other revenue | 152.00 | 188.50 | 166.20 | 128.40 | 116.70 | 167.90 | 143.40 | 137.20 | -- | 206.80 |
Gross Profit | -- | -- | -- | -- | -- | 2,458.40 | 2,279.90 | 2,532.30 | 180.30 | 1,467.90 |
Goodwill impairment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Research and development expense | 73.40 | 69.00 | 67.00 | 78.40 | 119.80 | 162.90 | 189.20 | 212.90 | -- | 135.30 |
Selling, general and administrative expense | 667.10 | 675.90 | 616.80 | 644.90 | 1,066.20 | 1,228.10 | 1,140.60 | 1,060.90 | -- | 628.30 |
Restructuring and other charges | 25.80 | 20.00 | 15.20 | 66.70 | 3,501.30 | 2,490.80 | 1,831.20 | 191.50 | -- | 112.20 |
Merger transaction and integration costs | -- | -- | -- | -- | -- | 31.20 | 36.50 | 101.80 | -- | -- |
Separation costs | -- | -- | -- | -- | (39.50) | (72.10) | -- | -- | -- | -- |
Asset impairments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on sale of Material Handling Products | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest expense | 97.40 | 122.20 | 138.70 | 157.30 | 349.60 | 567.80 | 482.30 | 456.00 | 30.00 | 33.10 |
Net gain on disposal of assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from investment in Technip Energies | -- | -- | (27.70) | 322.20 | -- | -- | -- | -- | -- | -- |
Income from equity affiliates | 21.70 | 34.40 | 44.60 | 0.60 | 63.00 | 62.90 | 114.30 | 55.60 | -- | -- |
Minority interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest income | 33.90 | 33.50 | 17.80 | 14.00 | 56.60 | 116.50 | 121.40 | 140.80 | -- | 0.80 |
Other income (expense), net | (45.90) | (248.30) | 5.40 | 46.60 | 31.10 | (220.70) | (323.90) | (25.90) | (23.70) | (57.20) |
Loss on early extinguishment of debt | -- | -- | (29.80) | (61.90) | -- | -- | -- | -- | -- | -- |
Gain on conversion of investment in MODEC International LLC | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on disposal of Measurement Solutions business | 71.30 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) before income taxes | 940.40 | 206.60 | 68.90 | 198.10 | (3,084.50) | (2,135.80) | (1,488.10) | 679.70 | 126.60 | 502.60 |
Provision for income taxes | 85.10 | 154.70 | 105.40 | 111.10 | 153.40 | 276.30 | 422.70 | 545.50 | 79.50 | 107.80 |
Income from Continuing Operations | 855.30 | 51.90 | (36.50) | 87.00 | -- | -- | -- | -- | 47.10 | -- |
Earnings (loss) from operation of discontinued operations | -- | -- | (45.30) | (72.60) | -- | -- | -- | -- | (10.10) | -- |
Gain on disposition of discontinued operations, net of income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from discontinued operations attributable to non-controlling interests | -- | 0.00 | 0.00 | (1.90) | -- | -- | -- | -- | -- | -- |
Income before the cumulative effect of a change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of a change in accounting principle,net of income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Consolidated Net Income (Loss) | -- | 51.90 | (81.80) | 12.50 | (3,237.90) | (2,412.10) | (1,910.80) | 134.20 | 37.00 | 394.80 |
Less: Net income attributable to noncontrolling interests | 12.40 | (4.30) | 25.40 | (0.80) | 49.70 | 3.10 | 10.80 | 20.90 | (1.40) | 1.70 |
Net Income (Loss) Available to Common Shareholders | 842.90 | 56.20 | (107.20) | 13.30 | (3,287.60) | (2,415.20) | (1,921.60) | 113.30 | 38.40 | 393.10 |
Income from continuing operations - basic | 1.96 | 0.13 | (0.14) | 0.19 | -- | -- | -- | -- | 0.21 | -- |
Income before the cumulative effect of a change in accounting principle - basic | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from discontinued operations - basic | -- | -- | (0.10) | (0.17) | -- | -- | -- | -- | (0.04) | -- |
Cumulative effect of a change in accounting principle - Basic | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per share - Basic | 1.96 | 0.13 | (0.24) | 0.03 | (7.33) | (5.39) | (4.20) | 0.24 | 0.17 | 1.70 |
Income from continuing operations - diluted | 1.91 | 0.12 | (0.14) | 0.19 | -- | -- | -- | -- | 0.21 | -- |
Income before the cumulative effect of a change in accounting principle - diluted | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from discontinued operations - diluted | -- | -- | (0.10) | (0.16) | -- | -- | -- | -- | (0.04) | -- |
Cumulative effect of a change in accounting principle - Diluted | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per share - Diluted | 1.91 | 0.12 | (0.24) | 0.03 | (7.33) | (5.39) | (4.20) | 0.24 | 0.17 | 1.70 |
Weighted average shares outstanding : Basic | 429.10 | 438.60 | 449.50 | 450.50 | 448.70 | 448.00 | 458.00 | 466.70 | 227.20 | 230.90 |
Weighted average shares outstanding : Diluted | 440.50 | 452.30 | 449.50 | 454.60 | 448.70 | 448.00 | 458.00 | 468.30 | 228.60 | 231.70 |