ࡱ>  l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~"؈ ~~8"܈ ~~9"܈ ~~ ؈ ~~3#܈ ~~7#܈ ~~8#܈ ~~4"܈ ~~83ffff̙̙3f3fff3f3f33333f33 FMC Technologies IncIncome Statement1Income Statement (1)I Balance SheetRr Cash FlowswCash Flows (1)Intangible assetsGoodwill Goodwill (1) Goodwill (2)b Goodwill (3);Note 7 Inventories&6Note 9 Comprehensive Earnings L& Note 9 Comprehensive Earnin (1)&S,Note 10 Business Segment Inform&@UThree Months Ended September 30} Order BacklogStock Compensation& Nine Months Ended September 30 &CHANGES IN ACCOUNTING PRINCIPLE&LIQUIDITY AND CAPITAL RESOURCES&=LIQUIDITY AND CAPITAL RESOU (1) l  r  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Income StatementIncome Statement (1) Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } 2} $ }       FMC TECHNOLOGIES INC 10-Q 11/12/2002FMC Technologies, Inc.Delaware 36-4412642$ (State or other jurisdiction  (I.R.S. Employer) !of incorporation or organization)  Identification No.)   2 *200 East Randolph Drive, Chicago, Illinois ~ 0 ((Address of principal executive offices)   (Zip code)(312) 861-60001)(Registrant?s telephone number, including area code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2>th2fM7+=PF0*8X> @2 l  -* 0  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome Statement (1) Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } $4} $ }  } $ }  } $ }  } $ }  } $ -     FMC TECHNOLOGIES INC 10-Q 11/12/2002Income StatementThree Months Ended&Nine Months Ended September 30    September 30  ~ J ~ F ~ J  ~ F  Revenue  33333k@ ~ j  33333M@   @  Costs and expenses:              " Cost of sales and services  ~    ̴v@   ̒@    fffff@ 3+Selling, general and administrative expensěN@`Q@ h@    33333j@( Research and development expense'@~ 6~     ~  "Asset impairments (Note 2) ? ?  ?    ?&Restructuring charges (Note 2) ?333333@  ?    /@      Total costs and expenses~ A|@ fffff@@    @     -%Income before minority interests, netffffff;@fffff5@ P@   ~  #interest expense and income taxesMinority interestsffffff?? 333333?    ffffff?Net interest expense@@ #@    333333 @     "Income before income taxes7@0@ K@    A@+#Provision for income taxes (Note 3)333333@@ 0@    3333330@     .&Income before the cumulative effect of0@&@ C@   ~  Jchanges in accountingDlzn:Dd/9 !"#$%&'()*+,  principles2!*Cumulative effect of changes in accounting!! !?!! !?!!! 9h! ! ! ! !."&principles, net of income taxes (Notes#4 and 6)$$$$$$$$$$ $ $ $ $ $%Net income (loss)%%0@%%&@%%fffffFc% % % *@%&&&&&&&&&& & & & & &''' (continued)()$*____________________________1+)Created by Morningstar Document Research.0,(http://documentresearch.morningstar.com/9Wth\4=PF0*8X> @,,++**''%%%%%% %%        l  (EgH  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome Statement Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } 8} $ }  } $ }  } $ } } $ } } $ (     FMC TECHNOLOGIES INC 10-Q 11/12/2002Income StatementThree Months Ended&Nine Months Ended September 30    September 30  ~ J ~ F ~ J  ~ F . &Basic earnings (loss) per common share                (Note 5):. &Income before the cumulative effect of  p= ף?   ףp= ?  Q?   Q? ( changes in accounting principles2*Cumulative effect of changes in accounting ? ? (\    Q뱿 principles     .&Basic earnings (loss) per common sharep= ף? ףp= ?zG   zG?     7/Average number of shares used in basic earningsYP@~  33333SP@   ~  per share computations     0(Diluted earnings (loss) per common share      (Note 5):.&Income before the cumulative effect of?(\?zG?   HzG?( changes in accounting principles2*Cumulative effect of changes in accounting ? ? HzG    Q뱿 principles     0(Diluted earnings (loss) per common share?(\?(\   ?     D%lzn:`K]q[1>hw !"#$%&'0 (Average number of shares used in diluted   33333P@   ̌P@   33333P@    33333sP@ '!earnings per share computations"""""""""" " " " " "#$$%____________________________1&)Created by Morningstar Document Research.0'(http://documentresearch.morningstar.com/ -!=PF0*8X> @''&&%%             l  M@[kwq  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome StatementIncome Statement (1) Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } y<} $ }  } $ }  } $ M                                 FMC TECHNOLOGIES INC 10-Q 11/12/2002 Balance SheetSeptember 30, 2002 December 31,      ~ F    (Unaudited)     Assets:         Current assets:        ! Cash and cash equivalents  LC@  ~ r /'Trade receivables, net of allowances of,y@fffff~w@%$9.1 in 2002 and $9.2 in 2001Inventories (Note 7)̌r@p@%Due from FMC Corporation, net?@Other current assets~ B@O@Deferred income taxesffffff@,@Total current assets@̘@ Investments33333;@;@91Property, plant and equipment, net of accumulatedqr@4q@ depreciation,$of $382.2 in 2002 and $349.5 in 2001Goodwill (Note 4)33333S@ys@'Intangible assets, net (Note 4)ffffffA@A@ Other assets&@fffff1@Deferred income taxes333333A@.@ Total assetsf@w@D l}qJ\Hv}n}]L ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ?          -!%Liabilities and stockholders? equity:!!!!!!!!"Current liabilities:""""""""#Short-term debt##T@###33333S@#)$!Current portion of long-term debt$$$?$$$$?$)%!Accounts payable, trade and other%%%y@%%%%fffffw@%!&Other current liabilities&&&33333f@&&&&fffffve@&.'&Current portion of accrued pension and''~ 'R'''~ 'N'%(other postretirement benefits)Income taxes payable)))7@))))fffffD@)*********!+Total current liabilities+++fffff@++++fffffF@+,,$Long-term debt, less current portion,,,0g@,,,,33333Ch@,0-(Accrued pension and other postretirement---A@----YH@-&.benefits, less current portion+/#Reserve for discontinued operations///fffff2@////ffffff7@/0Other liabilities000 L@000033333SQ@041,Minority interests in consolidated companies111333333@1111333333 @1.2&Commitments and contingent liabilities222222223(Note 8)4Stockholders? equity:44444444.5&Preferred stock, $0.01 par value, 12.055 5?555 5?5.6&shares authorized; no shares issued in7 2002 or 200138+Common stock, $0.01 par value, 195.0 shares888ffffff?8888ffffff?8/9'authorized; 65.5 and 65.1 shares issued::2in 2002 and 2001; 65.4 and 65.0 shares outstanding;in 2002 and 20014<,Common stock held in employee benefit trust,<<<ffffff<<<<333333<,=$at cost, 0.1 shares in 2002 and 20010>(Capital in excess of par value of common>>~ >>>>>~ >.> ?stockDWl{Q mI5 3@ A B C D E F G H I J K L #@Retained earnings (deficit)@@@[@@@@fffff&E@@,A$Accumulated other comprehensive lossAAA33333`AAAA33333SbAB(Note 9)CCCCCCCCC"DTotal stockholders? equityDDDfffffq@DDDD33333#z@DEEEEEEEEE2F*Total liabilities and stockholders? equityFFf@FFFw@FGGGGGGGGGHI$J____________________________1K)Created by Morningstar Document Research.0L(http://documentresearch.morningstar.com/PmQS]QE=PF0*8X> @zLLKKJJFFFF####     l  1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome StatementIncome Statement (1) Balance SheetCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } 7} $ }  } $ }  } $ 1                                 FMC TECHNOLOGIES INC 10-Q 11/12/2002 Cash Flows&Nine Months Ended September 30  ~ J  ~ F - %Cash provided (required) by operating        , $activities of continuing operations:. &Income before the cumulative effect of  C@  ~ J (  changes in accounting principles.&Adjustments to reconcile income before6.the cumulative effect of changes in accounting.&principles to cash provided (required)-%by operating activities of continuing operations: Depreciationffffff=@fffff;@ Amortizationffffff@~ >"Asset impairments (Note 2) ??&Restructuring charges (Note 2) ?/@-%Amortization of employee benefit plan@@ costs0(Settlement of derivative contracts (Note ?ffffff~ Deferred income taxesffffff'@333333? 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Energy Processing Systems   333334@    Subtotal Energy SystemsN@FoodTech+@Airport Systems@Total goodwill33333S@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6vE`0`0=PF0*8X> @B    l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome StatementIncome Statement (1) Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } 0} $ } U} $ } U      FMC TECHNOLOGIES INC 10-Q 11/12/2002GoodwillThree Months EndedNine Months Ended    September 30   September 30    (In millions)! Energy Production Systems  ffffff?  ffffff@! Energy Processing Systems   333333?    @       Subtotal Energy Systemsffffff?@FoodTech? @Airport Systems?333333?+#Total goodwill amortization expense@ffffff#@0(Total goodwill amortization expense (net333333@333333@of income taxes)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<v1dWw# =PF0*8X> @r      l  @a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome StatementIncome Statement (1) Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } $4} $ }  } $ } U} $ } } $ } U} $ @     FMC TECHNOLOGIES INC 10-Q 11/12/2002Goodwill'Three Months Ended September 30Nine Months Ended          September 30  ~ J ~ F ~ J  ~ F   , $(In millions, except per share data)  Net income (loss):              0 (As reported?Income before the cumulative  0@  &@  C@  ~ J 2*effect of changes in accounting principles/'Add back: goodwill amortization (net of ?333333@  ?    333333@ income taxes)     -%Adjusted income before the cumulative0@+@ C@    9@2*effect of changes in accounting principles2*Cumulative effect of changes in accounting ? ? 9h    ( principles (net of income taxes)     "Adjusted net income (loss)0@+@fffffFc   5@     %As reported?Net income (loss)0@&@fffffFc   *@     /'Basic earnings (loss) per common share:     0(As reported?Income before the cumulativep= ף? ףp= ?Q?   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Q?./ income taxes)0000000000 0 0 0 0 0-1%Adjusted income before the cumulative111?111zG?111 zG?1 1 1 1 (\?122*effect of changes in accounting principles23*Cumulative effect of changes in accounting33 3?33 3?333 HzG3 3 3 3 Q뱿3(4 principles (net of income taxes)5555555555 5 5 5 5 536+Adjusted net income (loss) per common share66?66zG?66(\6 6 6 {Gz?67777777777 7 7 7 7 738+As reported-?Net earnings (loss) per common88?88(\?88(\8 8 8 ?8 9share:::::::::: : : : : :;<$=____________________________1>)Created by Morningstar Document Research.0?(http://documentresearch.morningstar.com/D^lL[%9 YSv{y W=PF0*8X> @z/??>>==888888 88 666666 66 ,,,,,, ,, (((((( (( &&&&&& &&                l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome StatementIncome Statement (1) Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } $4} $ }  } $ }  } $ }  } $ }                          FMC TECHNOLOGIES INC 10-Q 11/12/2002GoodwillThree Months EndedNine Months Ended    September 30   September 30  ~ J ~ F ~ J ~ F    (In millions)1 )Weighted average shares outstanding?Basic  YP@ ~   33333SP@ ~ 2 *Impact of common shares to be issued under  ffffff? 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Energy Production Systems  ,n@   33333f@   fffffք@   @ ! Energy Processing Systems   fffffX@    W@    fffffq@   ~ j !Intercompany eliminations   ffffff  ٿ     Subtotal Energy Systemsfffff>u@p@   fffff@  ̠@FoodTech^@fffff_@   33333v@  33333 w@Airport Systems33333P@ffffffS@   lf@   m@!Intercompany eliminations333333   ffffff  ffffff      Total revenue33333k@~ j  33333M@  @     5-Income before income taxes and the cumulative     effect of changes in accounting principles!Energy Production Systems333333)@ffffff(@  A@  9@!Energy Processing Systems@ffffff @   ffffff/@  fffff0@     Subtotal Energy Systems1@ffffff4@   33333H@  YE@FoodTech@ffffff$@   fffff<@  ~ fAirport Systems@@   ffffff$@  333331@Dl}qeY$GNQ%Y`CRU !"#$%&'()*+,-./01234                 $!Segment operating profit (a)!!!ffffff?@!!!!fffffB@!! ! ~ ! f! ! !!YU@!"Corporate expenses"""ffffff""""333333"" " " 1" " ""3333338"##Other income (expense), net###?####ffffff## # # # # ###$$$$$$$$$$ $ $ $ $ $$$2%*Operating profit before asset impairments,%%%33333:@%%%%<@%% % % `P@% % %%̌M@%"&restructuring charges, net*'"interest expense, and income taxes(Asset impairments (b)(( (?((( (?(( (  ( ?( ( (((!)Restructuring charges (c))) )?))))333333)) )  ) ?) ) ))/)*Net interest expense********* * * #* * **333333 *++++++++++ + + + + +++5,-Income before income taxes and the cumulative,,7@,,,0@,, , K@, , ,A@,-effect of changes in.accounting principles////////// / / / / ///01$2____________________________13)Created by Morningstar Document Research.04(http://documentresearch.morningstar.com/. 48BCwiC+8@tsRznF=PF0*8X> @443322,,,,,, ,,           l  3o|  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome StatementIncome Statement (1) Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform Order BacklogStock Compensation!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } 0} $ }  } $ }  }  $ } U} $ }  } $ 3     FMC TECHNOLOGIES INC 10-Q 11/12/2002;3Three Months Ended September 30, 2002 Compared With'Three Months Ended September 30  Favorable/(Unfavorable)  ~ J  ~ F  ~    %    (In millions, except %)  Revenue               ! Energy Production Systems  ,n@   33333f@   33333SP@   ̌B@ %! Energy Processing Systems   fffffX@    W@    @   ffffff @ !Intercompany eliminations    ?   *     Subtotal Energy Systemsfffff>u@p@   Q@  3333339@FoodTech^@fffff_@     ffffffAirport Systems33333P@ffffffS@   &  333333-!Intercompany eliminations333333   ?   *      Total revenue33333k@~ j  33333I@  %@ %      Segment Operating Profit     !Energy Production Systems333333)@ffffff(@  ?  ffffff @ %!Energy Processing Systems@ffffff @  ~    LB     Subtotal Energy Systems1@ffffff4@     ffffff)FoodTech@ffffff$@     8Airport Systems@@     '     &Total segment operating profitffffff?@fffffB@     /DulocWKBQjH$7w !"#$%&'()*+,-./012 Corporate expenses   ffffff    333333    @   333333<@ #!Other income (expense), net!!!?!!!!ffffff!! ! ! ffffff@! !  !*!"""""""""" 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Energy Production Systems  \@  33333ׁ@  A@! Energy Processing Systems   33333[@  ~    \@          Subtotal Energy Systems33333ׇ@33333@ 33333߄@FoodTecȟZ@Y^@ ,]@Airport Systems33333Z@ld@~     Total33333{@@̔@ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6}q@hO(E=PF0*8X> @r            l  !  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FMC Technologies IncIncome StatementIncome Statement (1) Balance Sheet Cash FlowsCash Flows (1)Intangible assets Goodwill Goodwill (1) Goodwill (2) Goodwill (3)Note 7 Inventories!Note 9 Comprehensive Earnings L!Note 9 Comprehensive Earnin (1)!Note 10 Business Segment Inform!Three Months Ended September 30 Order Backlog!Nine Months Ended September 30 !CHANGES IN ACCOUNTING PRINCIPLE!LIQUIDITY AND CAPITAL RESOURCES!LIQUIDITY AND CAPITAL RESOU (1)U } 8} $ }  } $ }  }  $ } } $ }  } $ !     FMC TECHNOLOGIES INC 10-Q 11/12/2002Stock CompensationThree Months Ended  Nine Months Ended    September 30    September 30  ~ J  ~ F  ~ J  ~ F   , $(In millions, except per share data) & Net income (loss), as reported  0@   &@   fffffFc   *@ 7 /Deduct: Total stock-based employee compensation           ffffff    333333 2*expense determined under fair value method2*for all awards, net of related tax effects     #Pro forma net income (loss)/@333333$@ ~    333333'@     )!Earnings (loss) per common share:     Basic?as reportedp= ף? ףp= ?  zG  zG?     Basic?pro formaQ?{Gz?  \(\   ףp= ?     Diluted?as reported?(\?  (\  ?     Diluted?pro formaq= ףp?333333?  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