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NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 7} } $      FMC TECHNOLOGIES INC S-1/A 05/21/2001G?"RISK FACTORS" SECTION BEGINNING ON PAGE 11 OF THIS PROSPECTUS.  PER SHARE TOTAL    Public offering price  Underwriting discount6.Proceeds, before expenses, to FMC Technologies$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.*bVJ>2 u# =PF0*8X> @ l  ))\,  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING 6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } W}  )     FMC TECHNOLOGIES INC S-1/A 05/21/2001TABLE OF CONTENTS  PAGE    Prospectus Summary~  Risk Factors~ .B:Cautionary Statement Regarding Forward-Looking Information~ ZUse of Proceeds~ ^Dividend Policy~ ^Capitalization~ b3+Selected Historical Combined Financial Data~ f1)Unaudited Pro Forma Financial Information~ nOGManagement's Discussion and Analysis of Financial Condition and Results of Operations~ Business~  Management~ A9Arrangements Between FMC Technologies and FMC Corporation~ 6Principal Stockholder~ Z$Description of Capital Stock~ ^'Shares Eligible for Future Sale~ rLDMaterial U.S. Federal Tax Considerations for Non-U.S. Holders of Our Common Stock~ z Underwriting~ DWlxl`D8, zQ(x%d5v !"#$%&'(  Legal Matters~ !Experts~ !+"#Where You Can Find More Information~ ".#&Index to Combined Financial Statements #F-1$%$&____________________________1')Created by Morningstar Document Research.0((http://documentresearch.morningstar.com/#{:."=PF0*8X> @((''&& l  +;>  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } } y< +     FMC TECHNOLOGIES INC S-1/A 05/21/2001#6000. 7 THE OFFERING   U.S. offering 8,840,000 shares  International   offering 2,210,000 shares   Total11,050,000 shares Shares to be held by FMC Corporation after the offering53,950,000 shares   Shares outstanding after the offering65,000,000 shares  Use of proceeds3+We estimate that our net proceeds from this2*offering without the exercise of the over-4,allotment option will be approximately 204.580million. We intend to distribute these estimated:2net proceeds to FMC Corporation in accordance with:2the separation and distribution agreement. Our use91of proceeds is more fully described under "Use of Proceeds."   Risk factors91See "Risk Factors" and other information includedDlznbVJiE-}+]^ !"#$%&'()* : 2in this prospectus for a discussion of factors you!4!,should carefully consider before deciding to"-"%invest in shares of our common stock. # $Proposed New York Stock% Exchange symbol %"FTI"&'$(____________________________1))Created by Morningstar Document Research.0*(http://documentresearch.morningstar.com/r5(=PF0*8X> @**))(( l  P:QJ]c  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } }  } U}  } <}  P     FMC TECHNOLOGIES INC S-1/A 05/21/20012*SUMMARY HISTORICAL COMBINED FINANCIAL DATA        THREE MONTHS       ENDED (IN MILLIONS, EXCEPT PER   YEAR ENDED DECEMBER 31,    MARCH 31,  SHARE DATA)  1996 1997 1998 1999 2000 2000 2001COMBINED STATEMENTS OF INCOME DATA:Revenuef@fffff@@fffff@L@fffff{@fffffz@Cost of sales or services@fffff<@33333@33333@fffff4@~ Rffffft@Selling, general and administrative expensesfffffr@At@u@fffffr@333333r@̬R@333333R@ Research and developmentD@YG@YI@fffffI@YL@,@333333*@Asset impairments~ n~ ??Restructuring and other chargesfffff;@ @#@ffffff"@Interest expense (income), netffffff@ffffff@ffffff?333333@?D lwk_SGocWK)cX4 !"#$%&'()*+,-./0123456789:;<=>?        !Income (loss) from" continuing operations # before income taxes and$ the cumulative effect% of a change in& accounting principle&L@@~ &&33333s_@~ &&fffffV@~ &6~ &'Provision for income( taxes(@( A@(LC@(@@(333336@(333333 @(1.6 (5)))))))))*Income (loss) from+ continuing operations, before the cumulative- effect of a change in. accounting principle.333333;@.fffff0@.U@. S@.P@.333333#@. ////////0Net income (loss)~ 00fffff0@0U@~ 00P@0333333#@0 111111112Unaudited pro forma as3 adjusted diluted4 earnings (loss) per5 common share from6 continuing operations~ 777777q= ףp?77 ףp= 888888889OTHER FINANCIAL DATA:: Depreciation: H@:33333sH@~ ::G@:D@:333333$@:#@; Amortization;L0@;2@;1@;0@;fffff1@; @;@<EBITDA from continuing= operations (2)=33333X@=b@=Ih@=9f@=pc@=33333:@=-@>Capital expenditures>`W@>33333P@>33333M@>33333sD@>̌E@>+@>)@?Cash flows provided byD l`<pP_A @OONNMM l  p  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FINCAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } y#} $}       FMC TECHNOLOGIES INC S-1/A 05/21/20019   MARCH 31, 2001  (IN MILLIONS)    PRO FORMA  HISTORICAL AS ADJUSTED $COMBINED BALANCE SHEET DATA:Working capital̼b@_@ Total assets@@Total short-term debt33333?@̌K@Total long-term debt~ Stockholder's equityfffffb@fffffw@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:uiC*DE9-=PF0*8X> @ l  *  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGE!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 0G} U}   *     FMC TECHNOLOGIES INC S-1/A 05/21/2001CAPITALIZATION  MARCH 31, 2001= 5(IN MILLIONS, EXCEPT FOR SHARE AND PAR VALUE AMOUNTS)    PRO FORMA   HISTORICAL  AS ADJUSTED (UNAUDITED) (UNAUDITED)!Cash and cash equivalents~ 2~ 2Short-term debt33333?@̌K@1)Long-term debt, excluding current portion~ Stockholder's equity:@8 Common stock, 0.01 par value, 1,000 shares authorized,=5 issued and outstanding on an historical basis, and>6 195,000,000 shares authorized and 65,000,000 sharesB: issued and outstanding on a pro forma as adjusted basis~ ffffff?80 Capital in excess of par value of common stock@.& Accumulated other comprehensive loss__  Owner's net investmentY@Dl{oc=[OC{,b T !"#$%&'()   &! Total stockholder's equity!fffffb@!fffffw@""" # Total capitalization~ # ~ # $$$%&$'____________________________1()Created by Morningstar Document Research.0)(http://documentresearch.morningstar.com/kj*=PF0*8X> @))(('' l  T  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } }  } U}  } }  T     FMC TECHNOLOGIES INC S-1/A 05/21/20013+SELECTED HISTORICAL COMBINED FINANCIAL DATA        THREE MONTHS (IN MILLIONS, EXCEPT PER   YEAR ENDED DECEMBER 31,   ENDED MARCH 31,  SHARE DATA)  1996 1997 1998 1999 2000 2000 2001 COMBINED STATEMENTS OF INCOME DATA:Revenuef@fffff@@fffff@L@fffff{@fffffz@Cost of sales or services@fffff<@33333@33333@fffff4@~ Rffffft@Selling, general and administrative expensesfffffr@At@u@fffffr@333333r@̬R@333333R@ Research and developmentD@YG@YI@fffffI@YL@,@333333*@Asset impairments~ n~ ??Restructuring and other chargesfffff;@ @#@ffffff"@Interest expense (income), netffffff@ffffff@ffffff?333333@?D lvj^RFT={b&X@)j !"#$%&'()*+,-./0123456789:;<=>? Income (loss) from! continuing operations" before income taxes# and the cumulative$ effect of a change in% accounting principle%L@@~ %%33333s_@~ %%fffffV@~ %6~ %&Provision for income' taxes'@' A@'LC@'@@'333336@'333333 @'1.6 (5)(((((((()Income (loss) from* continuing operations+ before the cumulative, effect of a change in- accounting principle-333333;@-fffff0@-U@- S@-P@-333333#@- ......../Net income (loss)~ //fffff0@/U@~ //P@/333333#@/ 000000001Unaudited pro forma as2 adjusted diluted3 earnings (loss) per4 common share from5 continuing operations~ 666666q= ףp?66 ףp= 77777777 8 9OTHER FINANCIAL DATA:: Depreciation: H@:33333sH@~ ::G@:D@:333333$@:#@; Amortization;L0@;2@;1@;0@;fffff1@; @;@<EBITDA from continuing= operations (2)=33333X@=b@=Ih@=9f@=pc@=33333:@=-@>Capital expenditures>`W@>33333P@>33333M@>33333sD@>̌E@>+@>)@?Cash flows provided byDu l_]; @SSRRQQ l  ܶ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! 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FEET (APPROXIMATE) LEASED OR OWNED    United States:Orlando, Florida~ "q Owned Ogden, Utah~ \ OwnedInternational: Madrid, Spain~  Owned$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6|pdXL2&=PF0*8X> @ l  #yz  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2) 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } U} } 0G #     FMC TECHNOLOGIES INC S-1/A 05/21/2001( DIRECTORS AND EXECUTIVE OFFICERS NAME AGE  POSITION(S)    Robert N. Burt~  Chairman and DirectorJoseph H. Netherland~ 7/Chief Executive Officer, President and DirectorWilliam H. Schumann III~ C;Senior Vice President, Chief Financial Officer and DirectorMike R. Bowlin~ Nominee for DirectorB.A. Bridgewater, Jr.~  Nominee for DirectorAsbjorn Larsen~ Nominee for DirectorEdward J. Mooney~ Nominee for DirectorWilliam J. Reilly~ Nominee for DirectorJames M. Ringler~ Nominee for DirectorJames R. Thompson~ Nominee for DirectorCharles H. Cannon, Jr.~ Vice PresidentJeffrey W. Carr~ *"Vice President and General CounselPeter D. Kinnear~ Vice PresidentRobert L. Potter~ Vice PresidentRonald D. Mambu~ %Vice President and ControllerStephanie K. Kushner~ $Vice President and TreasurerMichael W. Murray~ Vice PresidentDlui]QE6Yz#I !"$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @""!!  l  $e  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICERSummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } <(} }  $     FMC TECHNOLOGIES INC S-1/A 05/21/2001 67  ! SHARES OF FMC CORPORATION   COMMON STOCK NAME BENEFICIALLY OWNED (1) PERCENT OF CLASS  Mike R. Bowlin *B. A. Bridgewater, Jr~ " *Robert N. Burt~ bd 1.58%Asbjorn Larsen~ 7 *Edward J. Mooney~ U *Joseph H. Netherland~  *William F. Reilly~ D *James M. Ringler *William H. Schumann III~ R *James R. Thompson~ N *Charles H. Cannon, Jr~ * *Michael W. Murray~ ^" *Peter D. Kinnear~ Z *  #All directors and executive)! officers as a group (17 persons)~ b%=)\( @DIlth7n2Ro3 !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @##""!! l  2}  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGEStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! 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Kinnear~ *B~ *~ *V~ *Z~ *"g*~ * + Vice President~ +>~ +N~ +jN~ +l+~ +~ +Z,~ ,:~ ,W~ ,z6,~ ,"5~ ,~ ,>>-.$/____________________________10)Created by Morningstar Document Research.01(http://documentresearch.morningstar.com/(T~qs{}=PF0*8X> @1100// l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } }  } }  } } m      FMC TECHNOLOGIES INC S-1/A 05/21/2001Stock Option Grants   NUMBER OF PERCENT   SECURITIES OF   UNDERLYING TOTAL OPTIONS  OPTIONS GRANTED  EXERCISE OR   GRANT DATE   GRANTED IN TO EMPLOYEES  BASE PRICE   PRESENT VALUE NAME 2000IN 2000 PER SHAREEXPIRATION DATE(1)(2)Robert N. Burt~ fffff8@HzGI@2/10/10~ BUJoseph H. Netherland~ L0@HzGI@2/10/10~ B-8William H. Schumann  III~ r@HzGI@2/10/10~ Charles H. Cannon, Jr~ 333333@HzGI@2/10/10~ RMichael W. Murray~ 2\~ HzGI@2/10/10~ 2 Peter D. Kinnear~ "gffffff @HzGI@2/10/10~ h $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@nDvj^*Sh\PDdEn{S=PF0*8X> @ l  U  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option Grants Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! 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Burt309,800/189,6205,646,150/2,973,933Joseph H. Netherland86,900/ 93,5001,723,928/1,672,545William H. Schumann  III45,000/ 38,000694,978/Charles H. Cannon, Jr37,300/ 34,500652,550/Michael W. Murray25,900/ 22,400402,222/Peter D. Kinnear11,200/ 10,000113,832/$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@\Dsg[@G;/#F'je=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! 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NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 0.}       FMC TECHNOLOGIES INC S-1/A 05/21/2001 UNDERWRITING  NUMBER U.S. UNDERWRITER  OF SHARES   -%Merrill Lynch, Pierce, Fenner & Smith  Incorporated.&Credit Suisse First Boston Corporation Salomon Smith Barney Inc&Banc of America Securities LLC Total~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:}qeG kG=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITING!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } '} $ } +} $      FMC TECHNOLOGIES INC S-1/A 05/21/2001!COMMISSIONS AND DISCOUNTS  , $PER SHARE WITHOUT OPTION WITH OPTION    Public offering price   Underwriting discount( Proceeds, before expenses, to us$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.;|pdXb=PF0*8X> @ l  $Y  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTSAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } INDEX TO COMBINED FINANCIAL STATEMENTS  PAGE   0 (Report of Independent Public Accountants F-2  QICombined Statements of Income for the Years Ended December 31, 1998, 1999OG and 2000 and for the Three Months Ended March 31, 2000 (unaudited) and 2001 (unaudited) F-3  PHCombined Balance Sheets as of December 31, 1999 and 2000 and as of March 31, 2001 (unaudited) F-4  PHCombined Statements of Cash Flows for the Years Ended December 31, 1998,PH 1999 and 2000 and for the Three Months Ended March 31, 2000 (unaudited) and 2001 (unaudited) F-5  RJCombined Statements of Changes in Stockholder's Equity for the Years EndedRJ December 31, 1998, 1999 and 2000 and for the Three Months Ended March 31,.& 2000 (unaudited) and 2001 (unaudited) F-6  .&Notes to Combined Financial Statements F-7DnlpdXL@$ [{K>fYl_ !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @##""!! l  LM a$  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINA!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } m)}  } U}  } }  L     FMC TECHNOLOGIES INC S-1/A 05/21/2001AND 2001 (UNAUDITED)      THREE MONTHS& (IN MILLIONS, EXCEPT PER SHARE  YEAR ENDED DECEMBER 31,  ENDED MARCH 31, DATA)  1998 1999 2000 2000 2001  (UNAUDITED)Revenue@fffff@L@fffff{@fffffz@Costs and expenses:!Cost of sales or services33333@33333@fffff4@~ Rffffft@Selling, general and  administrative expensesu@fffffr@333333r@̬R@333333R@ Research and developmentYI@fffffI@YL@,@333333*@"Asset impairments (Note 5)~ ??'Restructuring and other charges (Note 5) @#@ffffff"@" Total costs and expenses@fffffΜ@33333ћ@~ z@%Income (loss) from continuing# operations before interest)! income, interest expense, incomeDm lui](P1*Tg !"#$%&'()*+,-./0123456789:;<=>?(  taxes and the cumulative effect"! of a change in accounting" principle"_@"`[@"W@")@"#Interest income#@~ ##ffffff@#?#?$Interest expense$333333 @$ @$ffffff@~ $$?%%%%%%%&Income (loss) from continuing'' operations before income taxes'( and the cumulative effect of a') change in accounting principle)33333s_@~ ))fffffV@~ )6~ )(* Provision for income taxes (Note~ +&+LC@+@@+333336@+333333 @+?,,,,,,%-Income (loss) from continuing).! operations before the cumulative)/! effect of a change in accounting0 principle0U@0 S@0P@0333333#@0 '1Discontinued operations, net of2 income taxes (Note 12)22222333333 4Income (loss) before the)5! cumulative effect of a change in6 accounting principle6U@~ 66P@6333333#@6 (7 Cumulative effect of a change in%8 accounting principle, net of9 income taxes (Note 14)99999::::::; Net income (loss);U@~ ;;P@;333333#@; <<<<<<'=Unaudited pro forma as adjusted)>! basic earnings (loss) per common)?! share from continuing operationsD l>[?L!tP#W5@ABCDEFGHIJK@ (Note 18)@@@(\?@@ ףp= AAAAAA'BUnaudited pro forma as adjusted$C diluted earnings (loss) per%D common share from continuingE operations (Note 18)EEEq= ףp?EE ףp= FFFFFFGH$I____________________________1J)Created by Morningstar Document Research.0K(http://documentresearch.morningstar.com/lZ/u-!=PF0*8X> @KKJJII l  Fv5 AB  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } =} <}  }   F     FMC TECHNOLOGIES INC S-1/A 05/21/2001,$AND AS OF MARCH 31, 2001 (UNAUDITED)   DECEMBER 31,6 .(IN MILLIONS, EXCEPT SHARE AND PAR VALUE DATA)    MARCH 31,  1999 2000 2001      (UNAUDITED)Assets  Current assets:!Cash and cash equivalents D@1@~ 27/Trade receivables, net of allowances of 10.4 in*" 1999, 7.2 in 2000 and 7.6 in 2001p@ffffft@s@Inventories (Note 6)Yo@o@lq@Other current assets33333Q@~  Y@&Deferred income taxes (Note 9)33333?@=@@@  Total current assets33333@fffff@fffff@ Investmentsb@fffff=@~ z3+Property, plant and equipment, net (Note 7)q@p@33333o@+#Goodwill and intangible assets, net33333{v@Qw@v@ Other assets@~ 2333333.@&Deferred income taxes (Note 9)L1@333333 @333333 @Dl}qeYM)z?3'[OeJ !"#$%&'()*+,-./0123456789:;<=>?    ! 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NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 0.}  } U}  }  }  e     FMC TECHNOLOGIES INC S-1/A 05/21/2001RJAND THE THREE MONTHS ENDED MARCH 31, 2000 (UNAUDITED) AND 2001 (UNAUDITED)     THREE     MONTHS      ENDED MARCH   YEAR ENDED DECEMBER 31,  31,  (IN MILLIONS) 1998 1999 2000 2000 2001 (UNAUDITED)-%Cash provided (required) by operating-% activities of continuing operations:%Income (loss) from continuing operationsU@ S@P@333333#@ 'Adjustments to reconcile income-% (loss) from continuing operations to$ cash provided (required) by+# operating activities of continuing operations:' Depreciation and amortizationfffffP@fffff&O@̌M@+@,@$ Asset impairments (Note 5)~ ??)! 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NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } a/}  } a/}  M     FMC TECHNOLOGIES INC S-1/A 05/21/20012001 (UNAUDITED)    ACCUMULATED   OTHER  / 'OWNER'S NET COMPREHENSIVE COMPREHENSIVE  (IN MILLIONS)  INVESTMENT# INCOME (LOSS) INCOME (LOSS) $BALANCE AT DECEMBER 31, 199733333@(32.0) Net incomeU@U@$Foreign currency translation adjustment (Note 13)  Distribution to ownerffffffKT@$BALANCE AT DECEMBER 31, 1998fffff@(35.7) Net income~ ~ $Foreign currency translation adjustment (Note 13)33333sD33333sD,$Minimum pension liability adjustment (Note 10)  Distribution to owner33333^Dlyma2 h\PD9X U% !"#$%&'()*+,-./0123456789:;<=>?    fffff:@!!!!$"BALANCE AT DECEMBER 31, 1999~ " "(79.8)#Net income (unaudited)#333333#@##333333#@$$Foreign currency translation)%! adjustment (Note 13) (unaudited)%~ %~ %+&#Contribution from owner (unaudited)~ &z&&''''((((?))))!*BALANCE AT MARCH 31, 2000+ (UNAUDITED)+L@+(87.8),,,-$.BALANCE AT DECEMBER 31, 1999~ . .(79.8)/ Net income/P@//P@$0Foreign currency translation1 adjustment (Note 13)1133333A133333A,2$Minimum pension liability adjustment3 (Note 10)33?3?4Distribution to owner4y]4455556666fffff@@7777$8BALANCE AT DECEMBER 31, 2000~ 8 8(114.4)9Net loss (unaudited)9 99 $:Foreign currency translation; adjustment (unaudited);;#;#+<#Contribution from owner (unaudited)<A@<<.=&Net deferral of hedging gains (losses)> (unaudited)>>>(? Cumulative effect of a change inD lR.s7yQ?`< @ABCDEFGHIJKL)@! accounting principle (unaudited)A (Note 14)AAABBBBCCCC4DDDD!EBALANCE AT MARCH 31, 2001F (unaudited)FY@F(126.9)GGGHI$J____________________________1K)Created by Morningstar Document Research.0L(http://documentresearch.morningstar.com/<]'qeY1=PF0*8X> @LLKKJJ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITED! 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INVENTORIES   DECEMBER 31,  (IN MILLIONS)    MARCH 31,  1999 2000 2001      (UNAUDITED))!Raw materials and purchased parts [@~ ~ Work in progress`@333333^@33333a@-%Manufactured parts and finished goodsY[@fffff&_@fffffa@,$ Gross inventory before valuation*" adjustments and LIFO reserves33333v@fffffVv@$x@/'Valuation adjustments and LIFO reservesYYfffffYZ Net inventoryYo@o@lq@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXvj^:qeYEeYM%=PF0*8X> @ l  d  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIESNOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } -} <}       FMC TECHNOLOGIES INC S-1/A 05/21/20010(<> NOTE 7. PROPERTY, PLANT AND EQUIPMENT   DECEMBER 31,  (IN MILLIONS)  1999 2000  "Land and land improvementsL1@1@ BuildingsPa@`@Machinery and equipment̬{@Az@ Construction in progress333333%@333333)@ Total cost @@@ Accumulated depreciationtlt-% Net property, plant and equipmentq@p@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@DymaUI% r9HcWK#=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUI!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } m}  } }       FMC TECHNOLOGIES INC S-1/A 05/21/2001NOTE 9. INCOME TAXES   YEAR ENDED DECEMBER   31,  (IN MILLIONS)  1998 1999 2000 Domestic333333S@:@333333'@Foreign~ T@~ > Total33333s_@~ fffffV@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8]ui]& @ l  @  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } @}  } } < @     FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)    YEAR ENDED    DECEMBER 31,  (IN MILLIONS)  1998 1999 2000 Current: Federal$@@ɿ Foreign4@@ffffff&@ State and local~ ?333333? Total currentA@0@333333'@Deferred333333 @333330@333333&@ TotalLC@@@333336@=5Total income tax provisions were allocated as followsfollows: YEA YEAR ENDED DECE DECEMBER 31~ ~DlnbVJ>sgSn>q&} !"#$%&'()*+,-./0123456789:;<=>?  (IN MILLIONS)   !~ !:~ !>~ !B"""" # # # #$Continuing operations$LC@$@@$333336@%Discontinued operations%% %&&&&'Income tax provision'LC@~ 'z'333336@(((()=*5Significant components of the deferred income tax pro* provision*provisions attri* attributable=+5ome from continuing operations before income taxes we+were as+follows+follows:,-. .YEA. YEAR ENDED./ /DECE/ DECEMBER 31~ /~0 (IN MILLIONS)0001~ 1:~ 1>~ 1B2222 3 3 3 304(Deferred tax (exclusive of the valuation5 allowance)5ffffff @5ffffff+@5'@:62Increase (decrease) in the valuation allowance for7 deferred tax assets7?~ 77ffffff8888%9Deferred income tax provision9333333 @9333330@9333333&@::::;<$=____________________________1>)Created by Morningstar Document Research.0?(http://documentresearch.morningstar.com/D l]!}M5e$E4ui]5=PF0*8X> @??>>== l  &h  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 6Reserves for discontinued operations and restructuring.@3@91Accrued pension and other postretirement benefitsA@fffff&A@Other reservesLD@A@( Net operating loss carryforwardsffffff@@ Other'@'@ Deferred tax assetsY[@9Z@Valuation allowanceffffff91 Deferred tax assets, net of valuation allowance33333Y@X@%Property, plant and equipment333339@333339@;3Unbilled percentage of completion revenue and other<@33333A@" Deferred tax liabilitiesfffff&K@N@# Net deferred tax assets~ 33333B@D7lnbVJ>K\'{W" !"#$%   !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/Ed=PF0*8X> @%%$$## l  &   dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } UN} } <}  &     FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)    YEAR ENDED    DECEMBER 31,+ #(PERCENT OF INCOME FROM OPERATIONS)  1998 1999 2000 Statutory U.S. tax rate 35% 35% 35%Net difference:IA Foreign sales corporation income subject to different tax rates~ ~ ~ G? State and local income taxes, less Federal income tax benefit~  ~ ~ 91 Foreign earnings subject to different tax rates~ ~ ~ D< Tax on intercompany dividends and deemed dividends for tax purposes~  ~  ~   Nondeductible goodwill~  ~ ~   Nondeductible expenses~ ~ ~ 4, Equity in earnings of affiliates not taxed~ ' Change in valuation allowance~  Other~ ~ ~  Total difference~ ~ ~ Effective tax rate 31% 30% 25%DlnbVJ>ui]QoK nR !"#$%    !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/Qd=PF0*8X> @%%$$## l  C;J_  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 2} y }  } }  C     FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)    OTHER    POSTRETIREMENT  PENSIONS  BENEFITS  (IN MILLIONS)  1999 2000 1999 2000'Accumulated benefit obligation:/'Plans with unfunded accumulated benefit obligation0@0@%Change in benefit obligation:'Benefit obligation at January 133333Su@33333t@fffffC@@B@ Service cost.@333333)@?~  Interest cost7@8@@@ Actuarial gain333333C"333333 ffffff Amendmentsffffff???0( Foreign exchange currency rate changesffffff)! Transfer of U.K. inactive groupfffff&@@*" Plan participants' contributionsffffff?? Benefits paidffffff+0ffffffffffffD\ lnbVJ> r&QyT- !"#$%&'()*+,-./0123456789:;<=>?- % Benefit obligation at December 31 33333t@ v@ @B@ ̌A@!!!!!,"$Change in fair value of plan assets:.#&Fair value of plan assets at January 1#r@#33333q@##&$ Actual return on plan assets$333333 $̌D@$$0%( Foreign exchange currency rate changes%%ffffff%%)&! Transfer of U.K. inactive group&&@@&&' Company contributions'?'?' @'ffffff@*(" Plan participants' contributions(((ffffff?(?) Benefits paid)ffffff+)0)ffffff)ffffff*****1+) Fair value of plan assets at December~ ,~,33333q@,33333Su@,,-----..&Funded status of the plans (liability)~ .V.:.@B.̌A*/"Unrecognized actuarial loss (gain)~ /^~ //ٿ/ffffff00(Unrecognized prior service cost (income)0 @~ 00ffffff*~ 0%1Unrecognized transition asset~ 11333333112222213) Net amounts recognized in the balance"4 sheets at December 3143333374fffff44 I433333G555556Prepaid benefit cost~ 66333333&@66!7Accrued benefit liability7LA7 B7 I733333G8Intangible asset8@8@88.9&Accumulated other comprehensive income9 @9ffffff?99:::::1;) Net amounts recognized in the balance"< sheets at December 31<333337<fffff4< I<33333G=====>?D lKGzBKgV!wZ{ @AB$@____________________________1A)Created by Morningstar Document Research.0B(http://documentresearch.morningstar.com/ (=PF0*8X> @BBAA@@ l  ((+  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } m)}  } y }  } } }  (     FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)      OTHER      POSTRETIREMENT   PENSIONS   BENEFITS  (IN MILLIONS)  1998 1999 2000 1998 1999 2000'Assumptions as of September 30: Discount rate 6.75% 7.50% 7.50% 6.75% 7.50% 7.50%!Expected return on assets 9.20% 9.25% 9.25%%Rate of compensation increase 5.00% 5.00% 4.25%( Components of net annual benefit cost: Service cost333333(@.@333333)@333333??~  Interest costffffff4@7@8@333333@@@( Expected return on plan assets333338:;$ Amortization of transition asset~ ~ 333333' Amortization of prior service costffffff???ffffff)! Recognized net actuarial (gain) lossɿ?333333?ٿ333333ӿD7 lnbVJ>C*ot4'n !"#$%&'       #! Net annual benefit cost~ ! ~ !"~ !!?!ffffff?!?"""""""#$$%____________________________1&)Created by Morningstar Document Research.0'(http://documentresearch.morningstar.com/x%=PF0*8X> @''&&%% l  8  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 6} } y      FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)  ONE ONE  PERCENTAGE PERCENTAGE  (IN MILLIONS) POINT POINT  INCREASE DECREASE 4,Effect on total of service and interest cost components3+Effect on postretirement benefit obligation333333?ɿ$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4nbVJ>xl`TzR=PF0*8X> @ l  E  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } %} $      FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED) ' December 31, 1998 cases pending~ '  1999 notice of new cases filed~ :  1999 cases closed~   'December 31, 1999 cases pending~ ' 2000 notice of new cases filed~ z 2000 cases closed~ 'December 31, 2000 cases pending~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6(nbVJ>2|C ui]5=PF0*8X> @ l   U  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } } } <}       FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)    DISCONTINUED   RESERVES  (IN MILLIONS)   OTHER  CRANES CLAIMS TOTAL!December 31, 1998 Reserve9@@@@ 1999 Accruals~ &~ & 1999 Payments!December 31, 1999 Reservefffff<@@fffff@@ 2000 Accruals 2000 Payments !December 31, 2000 Reserve333333:@@>@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/DlnbVJ>_SG;L1vj^6=PF0*8X> @ l  "Yf2g  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } m)}  } }  "     FMC TECHNOLOGIES INC S-1/A 05/21/2001!NOTE 13. FOREIGN CURRENCY   GAINS (LOSSES)  (IN MILLIONS)  1998 1999 2000  !Cash and cash equivalents333333#@Other working capital333334333333:*"Property, plant and equipment, netffffff ! Investmentsffffff333333@ffffff? Debtffffff?ffffff? Other333333?fffff8ffffff@̌Bffffff? Other comprehensive loss 33333sD33333A&Gain (loss) included in incomeffffff@@̌Bffffff?$____________________________Dl|pdX& RJKa1 !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @!!  l  I9y7  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCY!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } I"}  } U}  } } I I     FMC TECHNOLOGIES INC S-1/A 05/21/2001$NOTE 15. SEGMENT INFORMATION      THREE MONTHS   YEAR ENDED DECEMBER 31,  ENDED MARCH 31,  (IN MILLIONS)  1998 1999 2000 2000 2001  (UNAUDITED)Revenue:!Energy Production Systemsl@@33333߄@fffffFf@ 157.9!Energy Processing Systemsfffff@u@33333+w@33333S@ 89.1!Intercompany eliminations~ 333333 (0.2)! Subtotal Energy Systems@@333335@fffffp@ 246.8FoodTechfffff*@fffffʀ@fffff@333333_@ 108.5Airport Systems~ fffff.r@33333p@YN@ 74.7!Intercompany eliminations (0.6) Total revenue@fffff@L@fffff{@ 429.4Income (loss) from continuing operations  before income taxes andD lymaU 6*9B|(j" !"#$%&'()*+,-./0123456789:;<=>?#  the cumulative effect of a! change in accounting" principle:!#Energy Production Systems#D@#333333P@#F@#ffffff#@ #5.6!$Energy Processing Systems$J@$fffff&@@$fffff:@$? $3.4%%%%%%!& Subtotal Energy Systems&W@&fffffFX@&R@~ &. &9.0'FoodTech'E@'fffff&I@'fffffJ@'%@ '3.5(Airport Systems(L=@(+@(ffffff.@(? 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NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 0.} <}  }   3     FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)   DECEMBER 31,   MARCH 31,  (IN MILLIONS)  1999 2000 2001      (UNAUDITED)'Operating Capital Employed (1):!Energy Production Systemsfffffg@in@ 274.1!Energy Processing Systemso@\p@ 252.8!Intercompany eliminationsɿ! Subtotal Energy Systemst{@~  526.9FoodTech~ 33333t@ 316.4Airport SystemsR@YW@ 88.0*" Total operating capital employed@(@ 931.3-%Segment liabilities included in total# operating capital employedfffff@{@ 452.8Corporate items (2)33333c@~  23.6 Total assets@v@1,407.7DlnbVJ>]QEfFd3X !"#$%&'()*+,-./012 Segment Assets:!!Energy Production Systems!fffffy@!fffffy@ !423.3!"Energy Processing Systems"t@"au@ "342.6!#Intercompany eliminations## #(1.0)$$$$!% Subtotal Energy Systems%33333k@%̀@ %764.9&FoodTech~ &&l~@ &473.2'Airport Systems'l^@'a@ '146.0(((() Total segment assets)fffff@)̎@)1,384.1*Corporate items (2)*33333c@~ * *23.6++++, Total assets,@,v@,1,407.7----./$0____________________________11)Created by Morningstar Document Research.02(http://documentresearch.morningstar.com/*h1M/]-!=PF0*8X> @221100 l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! 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NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } a} } <} } } } <}  &                                 FMC TECHNOLOGIES INC S-1/A 05/21/2001;3NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED)          RESEARCH AND   CAPITAL   DEPRECIATION AND    DEVELOPMENT    EXPENDITURES    AMORTIZATION   EXPENSE     YEAR ENDED    YEAR ENDED    YEAR ENDED DECEMBER 31, DECEMBER 31, DECEMBER 31, (IN MILLIONS) 1998 1999 2000 1998 1999 2000 1998 1999  2000Energy Production Systemsfffff5@&@ffffff-@3333332@2@2@~ 6/@ L9@Energy Processing Systems!@333333 @@L2@)@~ .ffffff'@#@ !@  Subtotal Energy Systemsffffff>@ffffff-@3333334@@B@ffffff?@=@333338@333339@ fffff@@FoodTechL:@fffff7@3333333@3333338@L9@L9@~ Jfffff1@ 333333.@Airport Systems@@@@333333@333333@~ "ffffff @ 333333@ Corporate??? @@?   Total33333M@33333sD@̌E@fffffP@fffff&O@̌M@YI@fffffI@ YL@D lnbVJ>8n{X ! " # $ %           !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/d|pH=PF0*8X> @%% $$ ## l  (  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12) RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } }  } }  } *}  (                                 FMC TECHNOLOGIES INC S-1/A 05/21/20012*NOTE 16. QUARTERLY INFORMATION (UNAUDITED)   1999    2000   2001  (IN MILLIONS)  1ST    1ST  QTR. " 2ND QTR. 3RD QTR. 4TH QTR.  QTR. + #2ND QTR. 3RD QTR. 4TH QTR. 1ST QTR. Revenue33333{}@33333@fffff^}@L@fffff{@fffff~@I|@T~@ fffffz@ Income from continuing operations before net interest income (expense) and income tax expense~ F333333>@6@fffffC@)@7@~ f@@ ? Income (loss) from continuing operations'@5@ffffff/@;@333333#@L2@0@3333337@   Discontinued operations, net of income taxes Cumulative effect of a change in accounting principle, net of income taxes D lG#3'NvU+ I%qP ! " # $ % & '           !Net income (loss)!'@!5@!ffffff/@!L6@!333333#@!L2@!0@!3333337@!  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PER SHARE TOTAL    Public offering price  Underwriting discount6.Proceeds, before expenses, to FMC Technologies$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.*bVJ>2 u# =PF0*8X> @ l  1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)COMMISSIONS AND DISCOUNTS (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } $4}       FMC TECHNOLOGIES INC S-1/A 05/21/2001 UNDERWRITING   NUMBER OF INTERNATIONAL MANAGER SHARES   #Merrill Lynch International3+Credit Suisse First Boston (Europe) Limited.&Salomon Brothers International Limited*"Banc of America Securities Limited Total~ B$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8}qeD]/=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)!BANC OF AMERICA SECURITIES LIMI!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } '} $ } +} $      FMC TECHNOLOGIES INC S-1/A 05/21/2001!COMMISSIONS AND DISCOUNTS  , $PER SHARE WITHOUT OPTION WITH OPTION    Public offering price   Underwriting discount( Proceeds, before expenses, to us$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.;|pdXb=PF0*8X> @ l  )  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! NOTE 7 PROPERTY PLANT AND EQUINOTE 9 INCOME TAXES!NOTES TO COMBINED FINANCIAL STA!NOTES TO COMBINED FINANCIAL (1)!NOTES TO COMBINED FINANCIAL (2)!NOTES TO COMBINED FINANCIAL (3)!NOTES TO COMBINED FINANCIAL (4)!NOTES TO COMBINED FINANCIAL (5)!NOTES TO COMBINED FINANCIAL (6)!NOTES TO COMBINED FINANCIAL (7)NOTE 13 FOREIGN CURRENCYNOTE 15 SEGMENT INFORMATION!NOTES TO COMBINED FINANCIAL (8)!NOTES TO COMBINED FINANCIAL (9)!NOTES TO COMBINED FINANCIA (10)!NOTES TO COMBINED FINANCIA (11)!NOTES TO COMBINED FINANCIA (12)!NOTE 16 QUARTERLY INFORMATION U RISK FACTORS SECTION BEGIN (1)UNDERWRITING (1)COMMISSIONS AND DISCOUNTS (1)!ITEM 16 EXHIBITS AND FINANCIAL   II2 PAGEFMC TECHNOLOGIES INC EXHIBIT INDEXU } 7}       FMC TECHNOLOGIES INC S-1/A 05/21/2001*"BANC OF AMERICA SECURITIES LIMITED  AMOUNT   0 (Securities and Exchange registration fee~ 2WNASD filing fee~ +#New York Stock Exchange listing fee~ tPrinting expenses~ $Legal fees and expenses~ >I$Accounting fees and expenses~ O6.Transfer agent and registrar fees and expenses~ S Miscellaneous~  Total~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>0sg[O1% e: dL+=PF0*8X> @ l  27t:  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!RISK FACTORS SECTION BEGINNING TABLE OF CONTENTS6000 7 PAGE THE OFFERING!SUMMARY HISTORICAL COMBINED FIN9 PAGECAPITALIZATION!SELECTED HISTORICAL COMBINED FI 25 PAGE!UNAUDITED PRO FORMA FINANCIAL I 28 PAGE Balance SheetRESULTS OF OPERATIONSRESEARCH AND DEVELOPMENTFACILITIES AND PROPERTIESFACILITIES AND PROPERTIES (1)FACILITIES AND PROPERTIES (2)!DIRECTORS AND EXECUTIVE OFFICER 67 PAGESummary CompensationStock Option GrantsStock Option Exercises Pension Plan UNDERWRITINGCOMMISSIONS AND DISCOUNTS!102 PAGE INDEX TO COMBINED FINAAND 2001 UNAUDITED!AND AS OF MARCH 31 2001 UNAUDIT!AND THE THREE MONTHS ENDED MARC2001 UNAUDITEDNOTE 6 INVENTORIES! 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Netherland(Principal ExecutiveOfficer)   *Chairman and Director May 21, 2001,$____________________________________! Robert N. Burt   *$Senior Vice President, Chief May 21, 2001,$____________________________________Financial Officer and% William H. Schumann IIIDirector (PrincipalFinancial Officer)   *Vice President and May 21, 2001,$____________________________________Controller (Principal! Ronald D. 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