ࡱ>  0123456789 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"܈ ~~ ؈ ~~8#܈ ~~9#܈ ~~4#܈ ~~7#܈ ~~9"܈ ~~3#܈ ~~"؈ ~~83ffff̙̙3f3fff3f3f33333f33=FMC TECHNOLOGIES INC&"Securities registered pursuant &1DOCUMENTS INCORPORATED BY REFERY@Available Information SAvailable Information (1) fAvailable Information (2) zAvailable Information (3)&sExecutive Officers of the Regis Summary CompensationBeneficial Ownership&Schedule II151Valuation and Qua&FORM 10K OF FMC TECHNOLOGIES IN&zFORM 10K OF FMC TECHNOLOGIE (1)&BFORM 10K OF FMC TECHNOLOGIE (2)p Highlights&bUse of NonGAAP Financial Measur&Cumulative Effect of Changes in&Operating Results of Business S&xInbound Orders and Order Backlo&f$Liquidity and Capital Resources;Debt and LiquidityODebt and Liquidity (1)&5gContractual Obligations and Oth&gContractual Obligations and (1) Pension PlanIncome Statement Balance SheetzBalance Sheet (1) Cash Flows9Cash Flows (1)hShareholders EquityӭShareholders Equity (1)&Stockbased employee compensatio&Recently issued accounting pronCDS Engineering@&CDS Engineering (1)(8NOTE 6 INVENTORIES&5MNOTE 7 PROPERTY PLANT AND EQUIP&bNOTE 8 GOODWILL AND INTANGIBLE %3vNOTE 8 GOODWILL AND INTANG (1)%NOTE 8 GOODWILL AND INTANG (2)hIntangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXES NOTE 10 INCOME TAXES (1)"NOTE 10 INCOME TAXES (2)@NOTE 10 INCOME TAXES (3)VNOTE 10 INCOME TAXES (4)&pNOTE 12 PENSIONS AND POSTRETIRE&dNOTE 12 PENSIONS AND POSTRE (1)&ٸNOTE 12 PENSIONS AND POSTRE (2)&TNOTE 12 PENSIONS AND POSTRE (3)&NOTE 12 PENSIONS AND POSTRE (4)&NOTE 12 PENSIONS AND POSTRE (5)&8NOTE 12 PENSIONS AND POSTRE (6)&z+NOTE 13 STOCKBASED COMPENSATION&CNOTE 13 STOCKBASED COMPENSA (1)&ZNOTE 13 STOCKBASED COMPENSA (2)&OoNOTE 13 STOCKBASED COMPENSA (3)F Capital stock&Accumulated other comprehensive&Derivative financial instrument#߾NOTE 18 WARRANTY OBLIGATIONS&Segment revenue and segment ope&Segment operating capital emplo%tGeographic segment information&5Other business segment informat&f[NOTE 22 QUARTERLY INFORMATION U& SELECTED HISTORICAL FINANCIAL D&ySELECTED HISTORICAL FINANCI (1)&SELECTED HISTORICAL FINANCI (2)&SIGNIFICANT SUBSIDIARIES OF THE&$CHIEF EXECUTIVE OFFICER CERTIFI&C3CHIEF FINANCIAL OFFICER CERTIFIANO TITLEP NO TITLE (1) l  z!  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??L!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0} $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004FMC TECHNOLOGIES, INC. Delaware   36-4412642' (State or other jurisdiction of  (I.R.S. Employer& incorporation or organization)  Identification No.)   1803 Gears Road, ~ .Houston, Texas0((Address of principal executive offices) (Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.thDfNh=PF0*8X> @ l  0  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } %} $ } 1      FMC TECHNOLOGIES INC 10-K 03/12/2004C;Securities registered pursuant to Section 12(b) of the Act: Title of each class 1 )Name of each exchange on which registered% Common Stock, $0.01 par value  New York Stock Exchange' Preferred Share Purchase Rights  New York Stock Exchange  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&@g[OCg =PF0*8X> @ l  ?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant Available InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 7} $ } 7      FMC TECHNOLOGIES INC 10-K 03/12/2004+#DOCUMENTS INCORPORATED BY REFERENCE DOCUMENT  FORM 10-K REFERENCE6 .Portions of 2003 Annual Report to Stockholders 6 .Part I, Item 1; Part II, Items 5, 6, 7, 7A and  ~ "0 (Portions of Proxy Statement for the 2004 ! Part II, Item 5; Part III& Annual Meeting of Stockholders$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(BTsg[7xR=PF0*8X> @ l  9S  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } U} $ } m} $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004Available Information Location   Square Feet   Leased or    (approximate)  Owned      United States :     Oklahoma City, Oklahoma ~ q  Owned*Houston, Texas~  OwnedInternational :Rio de Janeiro, Brazil~   Owned *Sens, France~ J  OwnedArnhem, The Netherlands~  Owned*Kongsberg, Norway~ "Leased*Singapore, RS~  OwnedDunfermline, Scotland~ G  OwnedMaracaibo, Venezuela~  Owned$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<)ui-KT `_p=PF0*8X> @ l  ue  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ } m} $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004Available Information Location   Square Feet   Leased or    (approximate)  Owned      United States :     Tupelo, Mississippi ~ B$  OwnedErie, Pennsylvania~ \ Owned Homer City, Pennsylvania~ K OwnedCorpus Christi, Texas~ b OwnedStephenville, Texas~ O OwnedInternational :Ellerbek, Germany~ 5  Owned$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6ui-KULm=PF0*8X> @ l  z  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ } m} $ } <      FMC TECHNOLOGIES INC 10-K 03/12/2004Available Information Location   Square Feet   Leased or    (approximate)  Owned    United States :     Madera, California ~ BB  OwnedLakeland, Florida~   OwnedKennesaw, Georgia~ LeasedNorthfield, Minnesota~ & Owned/LeasedSandusky, Ohio~  OwnedNewberg, Oregon~ "*LeasedRedmond, Washington~ BLeasedInternational :St. Niklaas, Belgium~   OwnedAraraquara, Brazil~ ¼ OwnedCollecchio, Italy~ BLeased Parma, Italy~ & OwnedHelsingborg, Sweden~   Owned/Leased$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BM Xui-cojut%=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ } m} $ } <      FMC TECHNOLOGIES INC 10-K 03/12/2004Available Information Location   Square Feet   Leased or    (approximate)  Owned    United States :     Orlando, Florida ~ "q  Owned Ogden, Utah~ BB Owned/LeasedInternational : Madrid, Spain~  Owned$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0ui-cp%=PF0*8X> @ l  /  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)Summary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ } } $ } : /     FMC TECHNOLOGIES INC 10-K 03/12/2004,$Executive Officers of the Registrant Name  Age * "Office, year of election and other    ' information for past five years Joseph H. Netherland ~  / 'Chairman, President and Chief Executive    4 ,Officer (2001); President of FMC Corporation    / '(1999); Executive Vice President of FMCCorporation (1998) William H. Schumann, III~ /'Treasurer (2002); Senior Vice President2*and Chief Financial Officer (2001); Senior2*Vice President and Chief Financial Officer2*of FMC Corporation (1999); Vice President,0(Corporate Development of FMC Corporation~ Charles H. Cannon, Jr.~ 3+Vice President and General Manager?FoodTech2*and Airport Systems (2001); Vice President2*and General Manager of FMC Corporation?FMC2*FoodTech (1994) and Transportation Systems'Group of FMC Corporation (1998)Jeffrey W. Carr~ 5-Vice President, General Counsel and Secretary0((2001); Associate General Counsel of FMCCorporation (1997)Peter D. Kinnear~ -%Vice President (2001); Vice President3+of FMC Corporation (2000); General Manager,0(Petroleum Equipment and Systems DivisionD{ l~rfZ^}O{0oC !"#$%&'()*+,-.    ! of FMC Corporation (1994)!Ronald D. Mambu!~ !!-!%Vice President and Controller (2001);""""8"0Vice President and Controller of FMC Corporation####~ #$Michael W. Murray$~ $$/$'Vice President, Human Resources (2001);%%%%.%&Vice President, Human Resources of FMC&&&&&Corporation (1995)'Robert L. Potter'~ ''1')Vice President (2001); Division President((((0((of Energy Transportation and Measurement))))*)"Division of FMC Corporation (1995)*+$,____________________________1-)Created by Morningstar Document Research.0.(http://documentresearch.morningstar.com/"9i0$=PF0*8X> @..--,, l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 1} $      FMC TECHNOLOGIES INC 10-K 03/12/2004Summary CompensationITEM 11.EXECUTIVE COMPENSATION  $ ____________________________1 )Created by Morningstar Document Research.0 (http://documentresearch.morningstar.com/ vj4(=PF0*8X> @ l  2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary Compensation!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 1} 6      FMC TECHNOLOGIES INC 10-K 03/12/2004Beneficial OwnershipITEM 12.0(SECURITY OWNERSHIP OF CERTAIN BENEFICIAL 5 -OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER  MATTERS  $ ____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/$+,vj"~=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 7} $      FMC TECHNOLOGIES INC 10-K 03/12/200491Schedule II#151;Valuation and Qualifying Accounts      (In thousands)        Additions          Description   Balance at  charged to costs    charged to   Deductions   Balance at   beginning of period   and expenses   other accounts   and other  end of    period     %Year ended December 31, 2001:     *"Allowance for doubtful accounts(a)~ p~ ~   ~  ~ 6.Valuation allowance for deferred tax assets(b)~ ~ Fw  $? ~  ~  %Year ended December 31, 2002:     *"Allowance for doubtful accounts(c)~ ~ z+~   ~  &~ b6.Valuation allowance for deferred tax assets(b)~  ~   $? ~  ^~ <%Year ended December 31, 2003:     *"Allowance for doubtful accounts(a)~ b~ &~  ^ ~  =~ 6.Valuation allowance for deferred tax assets(b)~ <~   $? ~  ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@DqeYMO i @j-                    l  s   dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } I } $ } y< s     FMC TECHNOLOGIES INC 10-K 03/12/2004+#FORM 10-K OF FMC TECHNOLOGIES, INC. Exhibit  Exhibit Description No.    @ - %Separation and Distribution Agreement7/by and between FMC Corporation and the Company,1)dated as of May 31, 2001 (incorporated by4,reference from Exhibit 2.1 to the Form S-1/Afiled on June 6, 2001).@5-Registrant?s Amended and Restated Certificate3+of Incorporation (incorporated by reference0(from Exhibit 3.1 to the Form S-1/A filedon April 4, 2001). @0(Registrant?s Amended and Restated Bylaws/'(incorporated by reference from Exhibit3+3.2 the Form S-1/A filed on April 4, 2001).ffffff@6.Form of Specimen Certificate for the Company?s/'Common Stock (incorporated by reference0(from Exhibit 4.1 to the Form S-1/A filedon May 4, 2001).Dlsg[7w$L4B WM !"#$%&'()*+,-./0123456789:;<=>?  !@!1!)Preferred Share Purchase Rights Agreement""/"'(incorporated by reference from Exhibit##4#,4.2 to the Form S-8 filed on June 14, 2001).$$%333333@%/%'$250,000,000 Five-Year Credit Agreement&&/&'(incorporated by reference from Exhibit''5'-4.3 to the Form S-1/A filed on June 6, 2001).(()@)5)-First Amendment to the $250,000,000 Five-Year**3*+Credit Agreement (incorporated by reference++0+(from Exhibit 4.4 to the Form S-1/A filed,,,on June 6, 2001).--.@.-.%$150,000,000 364-Day Revolving Credit//0/(Facility (incorporated by reference from0030+Exhibit 4.5 to the Form S-1/A filed on June111 6, 2001).223ffffff@333+First Amendment to the $150,000,000 364-Day44/4'Revolving Credit Facility (incorporated5515)by reference from Exhibit 4.6 to the Form66%6S-1/A filed on June 6, 2001).778@848,Second Amendment to the $150,000,000 364-Day99/9'Revolving Credit Facility (incorporated::6:.by reference from Exhibit 4.7 to the Quarterly;;3;+Report on Form 10-Q filed on May 15, 2002).<<=333333@=6=.Second Amendment to the $250,000,000 Five-Year>>3>+Credit Agreement (incorporated by reference??0?(from Exhibit 4.8 to the Quarterly ReportD lJF7OoA)6w@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@@,@$on Form 10-Q filed on May 15, 2002).AAB@B3B+Third Amendment to the $150,000,000 364-DayCC/C'Revolving Credit Facility (incorporatedDD6D.by reference from Exhibit 4.9 to the QuarterlyEE/E'Report on Form 10-Q filed on August 14,FF~ FNGGHffffff@H5H-Third Amendment to the $250,000,000 Five-YearII3I+Credit Agreement (incorporated by referenceJJ1J)from Exhibit 4.10 to the Quarterly ReportKK/K'on Form 10-Q filed on August 14, 2003).LLM333333$@M:M2Tax Sharing Agreement by and among FMC CorporationNN1N)and the Company, dated as of May 31, 2001OO/O'(incorporated by reference from ExhibitPP6P.10.1 to the Form S-1/A filed on June 6, 2001).QQRffffff$@R2R*Employee Benefits Agreement by and betweenSS.S&FMC Corporation and the Company, datedTT5T-as of May 30, 2001 (incorporated by referenceUU1U)from Exhibit 10.2 to the Form S-1/A filedVVVon June 6, 2001).WWX$@X-X%Transition Services Agreement betweenYY.Y&FMC Corporation and the Company, datedZZ5Z-as of May 31, 2001 (incorporated by reference[[1[)from Exhibit 10.3 to the Form S-1/A filed\\\on June 6, 2001).]] ^10.4*^5^-FMC Technologies, Inc. Incentive Compensation__1_)and Stock Plan (incorporated by referenceD lKc=%2s&q5O|d`abcdefghijklmnopqr``1`)from Exhibit 10.4 to the Form S-1/A filedaaaon June 6, 2001).bbc10.4.a*c0c(First Amendment of the FMC Technologies,dd-d%Inc. Incentive Compensation and Stockee4e,Plan (incorporated by reference from Exhibitff3f+10.4.a to the Quarterly Report on Form 10-Qgg$gfiled on November 12, 2003).hhi10.4.b*i1i)Second Amendment of the FMC Technologies,jj-j%Inc. Incentive Compensation and Stockkk4k,Plan (incorporated by reference from Exhibitll3l+10.4.b to the Quarterly Report on Form 10-Qmm$mfiled on November 12, 2003).no$p____________________________1q)Created by Morningstar Document Research.0r(http://documentresearch.morningstar.com/*h~fz+6WK?=PF0*8X> @rrqqpp l  w3$/ ;dB  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } I } $ } 8 w     FMC TECHNOLOGIES INC 10-K 03/12/2004+#FORM 10-K OF FMC TECHNOLOGIES, INC.   10.5* / 'Forms of Executive Severance Agreements  / '(incorporated by reference from Exhibit  6 .10.5 to the Form S-1/A filed on June 6, 2001).   10.6*.&FMC Technologies, Inc. Defined Benefit3+Retirement Trust (incorporated by reference1)from Exhibit 10.6 to the Quarterly Report1)on Form 10-Q filed on November 14, 2001).10.6.a*2*FMC Corporation Defined Benefit Retirement-%Trust (incorporated by reference from.&Exhibit 10.6.a to the Quarterly Report/'on Form 10-Q filed on August 14, 2001).10.6.b*0(Amendment to the FMC Corporation Defined.&Benefit Retirement Trust (incorporated/'by reference from Exhibit 10.6.b to the5-Quarterly Report on Form 10-Q filed on August 14, 2001).10.6.c*4,FMC Technologies, Inc. Employees? Retirement-%Program?Part I Salaried and Non-UnionD lsg[72|/u,,F !"#$%&'()*+,-./0123456789:;<=>?  7 /Hourly Employees? Retirement Plan (incorporated!!/!'by reference from Exhibit 10.6.c to the""7"/Quarterly Report on Form 10-Q filed on November### 14, 2001).$$%10.6.d*%4%,FMC Technologies, Inc. Employees? Retirement&&/&'Program?Part II Union Hourly Employees?''2'*Retirement Plan (incorporated by reference((3(+from Exhibit 10.6.d to the Quarterly Report))1))on Form 10-Q filed on November 14, 2001).**+10.6.e*+0+(First Amendment to the FMC Technologies,,,/,'Inc. Employees? Retirement Program?Part--2-*I Salaried and Non-Union Hourly Employees?..2.*Retirement Plan (incorporated by reference//3/+from Exhibit 10.6.e to the Quarterly Report0010)on Form 10-Q filed on November 14, 2001).11210.6.f*212)Second Amendment to the FMC Technologies,33/3'Inc. Employees? Retirement Program?Part4424*I Salaried and Non-Union Hourly Employees?5525*Retirement Plan (incorporated by reference6606(from Exhibit 10.6.f to the Annual Report77.7&on Form 10-K filed on March 25, 2002).88910.6.g*909(Third Amendment to the FMC Technologies,::/:'Inc. Employees? Retirement Program?Part;;2;*I Salaried and Non-Union Hourly Employees?<<2<*Retirement Plan (incorporated by reference==0=(from Exhibit 10.6.g to the Annual Report>>.>&on Form 10-K filed on March 25, 2003).??D lbr'=%9O7JfNb@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@10.6.h*@0@(First Amendment to the FMC Technologies,AA/A'Inc. Employees? Retirement Program?PartBB-B%II Union Hourly Employees? RetirementCC4C,Plan (incorporated by reference from ExhibitDD0D(10.6.h to the Annual Report on Form 10-KEE!Efiled on March 25, 2003).FFG10.6.i*G1G)Fourth Amendment to the FMC Technologies,HH/H'Inc. Employees? Retirement Program?PartII2I*I Salaried and Non-Union Hourly Employees?JJ2J*Retirement Plan (incorporated by referenceKK/K'from Exhibit 10.6i to the Annual ReportLL.L&on Form 10-K filed on March 25, 2003).MMN10.6.j*N1N)Second Amendment to the FMC Technologies,OO/O'Inc. Employees? Retirement Program?PartPP-P%II Union Hourly Employees? RetirementQQ4Q,Plan (incorporated by reference from ExhibitRR5R-10.6j to the Annual Report on Form 10-K filedSSSon March 25, 2003).TTU10.6.k*U0U(Third Amendment to the FMC Technologies,VV/V'Inc. Employees? Retirement Program?PartWW-W%II Union Hourly Employees? RetirementXX4X,Plan (incorporated by reference from ExhibitYY5Y-10.6k to the Annual Report on Form 10-K filedZZZon March 25, 2003).[[\10.7.a*\2\*FMC Technologies, Inc. Salaried Employees?]]0](Equivalent Retirement Plan (incorporated^^/^'by reference from Exhibit 10.7.a to the__7_/Quarterly Report on Form 10-Q filed on NovemberD. lb}@(;X@Xh1<`abcdefghijklmnopqrstuv``` 14, 2001).aab10.7.b*b4b,FMC Technologies, Inc. Equivalent Retirementcc2c*Plan Grantor Trust Agreement (incorporateddd/d'by reference from Exhibit 10.7.b to theee7e/Quarterly Report on Form 10-Q filed on Novemberfff 14, 2001).ggh10.7.c*h0h(First Amendment to the FMC Technologies,ii6i.Inc. Salaried Employees? Equivalent Retirementjj4j,Plan (incorporated by reference from Exhibitkk0k(10.7.c to the Annual Report on Form 10-Kll!lfiled on March 25, 2003).mmn10.8.a*n5n-FMC Technologies, Inc. Savings and Investmentoo4o,Plan (incorporated by reference from Exhibitpp3p+10.8.a to the Quarterly Report on Form 10-Qqq$qfiled on November 14, 2001).rs$t____________________________1u)Created by Morningstar Document Research.0v(http://documentresearch.morningstar.com/2cwI1 @vvuutt l  mVaNlCp  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } I } $ } : m     FMC TECHNOLOGIES INC 10-K 03/12/2004+#FORM 10-K OF FMC TECHNOLOGIES, INC.   10.8.b* 5 -FMC Technologies, Inc. Savings and Investment  - %Plan Trust (incorporated by reference  3 +from Exhibit 10.8.b to the Quarterly Report  1 )on Form 10-Q filed on November 14, 2001).10.8.c*0(First Amendment to the FMC Technologies,6.Inc. Savings and Investment Plan (incorporated/'by reference from Exhibit 10.8.c to the1)Annual Report on Form 10-K filed on March 25, 2003).10.8.d*1)Second Amendment to the FMC Technologies,6.Inc. Savings and Investment Plan (incorporated/'by reference from Exhibit 10.8.d to the1)Annual Report on Form 10-K filed on March 25, 2003).10.8.e*0(Third Amendment of the FMC Technologies,6.Inc. Savings and Investment Plan (incorporated/'by reference from Exhibit 10.8.e to the7/Quarterly Report on Form 10-Q filed on November 12, 2003).D. lsg[7~/w%_GV p !"#$%&'()*+,-./0123456789:;<=>?  !10.9.a*!,!$FMC Technologies, Inc. Non-Qualified""1")Savings and Investment Plan (incorporated##/#'by reference from Exhibit 10.9.a to the$$7$/Quarterly Report on Form 10-Q filed on November%%% 14, 2001).&&'10.9.b*','$FMC Technologies, Inc. Non-Qualified((3(+Savings and Investment Plan Trust Agreement))/)'(incorporated by reference from Exhibit**3*+10.9.b to the Quarterly Report on Form 10-Q++$+filed on November 14, 2001).,,-10.9.c*-0-(First Amendment to the FMC Technologies,..1.)Inc. Non-Qualified Savings and Investment//4/,Plan (incorporated by reference from Exhibit0000(10.9.c to the Annual Report on Form 10-K11!1filed on March 25, 2003).223333333$@3.3&Commercial Paper Dealer Agreement 4(2)4434+Program between Merrill Lynch Money Markets55.5&Inc. and Merrill Lynch, Pierce, Fenner6636+& Smith Incorporated and the Company, dated77/7'as of January 24, 2003 (incorporated by8828*reference from Exhibit 10.10 to the Annual9959-Report on Form 10-K filed on March 25, 2003).::;Q8$@;.;&Commercial Paper Dealer Agreement 4(2)<<2<*Program between Banc of America Securities==0=(LLC and the Company, dated as of January>>0>(24, 2003 (incorporated by reference from??2?*Exhibit 10.11 to the Annual Report on FormD lLh08_G^v% o#@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@@&@10-K filed on March 25, 2003).AAB= ףp=$@B3B+Issuing and Paying Agency Agreement betweenCC.C&Wells Fargo Bank, National AssociationDD5D-and the Company, dated as of January 3, 2004.EEF333333*@F6F.2003 Annual Report to Stockholders is includedGG8G0as an Exhibit to this report for the informationHH1H)of the Securities and Exchange CommissionII.I&and, except for those portions thereofJJ.J&specifically incorporated by referenceKK3K+elsewhere herein, such Annual Report shouldLL5L-not be deemed filed as a part of this report.MMN333333,@N/N'FMC Technologies, Inc. Code of BusinessOO/O'Conduct and Ethics Including ProvisionsPP-P%for Principal Executive and FinancialQQQ Officers.RRS5@S3S+Significant Subsidiaries of the Registrant.TTU7@UUConsent of KPMG LLP.VVW8@WWPowers of Attorney.XXY?@Y0Y(Certification of Chief Executive OfficerZZ#ZPursuant to Rule 13a-14(a).[[\333333?@\0\(Certification of Chief Financial Officer]]#]Pursuant to Rule 13a-14(a).^^_ @@_0_(Certification of Chief Executive OfficerD lQF[qYtG/l/n`abcdefghijkl``7`/Pursuant to 18 U.S.C. 1350, as adopted pursuantaa0a(to Section 906 of the Sarbanes-Oxley Actbbbof 2002.ccd@@d0d(Certification of Chief Financial Officeree7e/Pursuant to 18 U.S.C. 1350, as adopted pursuantff0f(to Section 906 of the Sarbanes-Oxley Actgggof 2002.hi$j____________________________1k)Created by Morningstar Document Research.0l(http://documentresearch.morningstar.com/a5x,=PF0*8X> @llkkjj l  +[  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2)!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $ } } $ } } $ +     FMC TECHNOLOGIES INC 10-K 03/12/2004 Highlights. &($ In millions, except per share data)       ~ N ~ J      * "Revenue (by location of customer):         United States   8@   @ Norwayqq@~ ^All other countries@@ Total revenue 33333@ /@Income (loss):.&Income before the cumulative effect of fffffR@ fffffP@an accounting changeNet income (loss) fffffR@ fffff6`*"Diluted earnings (loss) per share:.&Income before the cumulative effect of Gz? Q?an accounting changeNet income (loss) Gz? ףp= !Financial and other data: Common stock price range$24.60 ? $17.94$23.83 ? $14.30Dp ltZ;N-E%`dD !"#$%&'()* At December 31       ! Net debt (1)!! h@!! Pi@!"Order backlog (2)"" 33333@"~ " "#Number of employees##~ #b##~ #҄#($ Number of stockholders of record$$~ $Y$$~ $x$%%%%%%%%&'$(____________________________1))Created by Morningstar Document Research.0*(http://documentresearch.morningstar.com/2Zvj^6=PF0*8X> @**))((""""!!!!     l  #  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 2} $ }  } $ }  }  $ } } $ }  } $ #     FMC TECHNOLOGIES INC 10-K 03/12/2004*"Use of Non-GAAP Financial Measures     , $(In millions, except per share data)  Year Ended December 31,      ~ J  ~ F  ~ J  ~ F                      Per diluted share   After-tax profit (1) fffffP@~    Q?   = ףp=?0(Less: Restructuring and asset impairment ?$    ?  {GzĿ$charges, net of income taxes/'Less: Income tax charges related to the ?!    ?  p= ף'Separation from FMC Corporation0(Plus: Pro forma interest expense, net of ?@    ?  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Dlth\%]D|Q !"$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @""!!         l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0} $ } U      FMC TECHNOLOGIES INC 10-K 03/12/2004=5Cumulative Effect of Changes in Accounting Principles  (In millions)   Year Ended    December 31,  ~ F! 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Subtotal Energy Systems~ fffffޘ@   33333@  $@FoodTech̸@33333+~@   ffffff]@  Z@Airport Systems333333n@fffff6h@   0`@  ~ !Intercompany eliminations333333ffffff   333333  ffffff     Total inbound orders ܢ@ ̮@          Total order backlog  33333@  ~       $____________________________1)Created by Morningstar Document Research.Dzlvj^WkQZnG{oc 0 (http://documentresearch.morningstar.com/H=PF0*8X> @           l  ;  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order BackloDebt and LiquidityDebt and 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informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } a/} $ }  } $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004Debt and Liquidity  (In millions)   December 31,     ~ N ~ J     % Uncommitted credit facilities   ffffff@ ~  B/'Borrowings from MODEC International LLCffffff.@ffffff7@(joint venture))!364-day revolving credit facility ?~ RCommercial paper~ Z ?+#Five-year revolving credit facility~ ~  Other333333??Total borrowings k@ \m@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<`xlw;S8Yy%yma9=PF0*8X> @R       l  f  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and Liquidity!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } *} $ }  } $ } $} $ } $} $ } } I } $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004Debt and Liquidity       (In millions)             Commitment  Amounts outstanding  Unused   Maturity   amount  under committed  capacity        credit facilities       Debt   Letters of      credit (a)+#Five-year revolving credit facility~  ~   ffffff5@  33333Sf@  April 2006)!364-day revolving credit facility~ Z ?  ?  ~  Z (b) (c) April 2004     ~  B~   ffffff5@  t@  (d)     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 xl'ZZ=PF0*8X> @            l  &  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $ }  } $ }  } $ } U} $ } U} $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004@8Contractual Obligations and Other Commercial Commitments       (In millions)  Payments due by period    Contractual obligations  Total   Less than  1 - 3  3 - 5  After   payments  1 year  years  years  5 years     Long-term debt (a) fffff&i@ ? i@  ?  333333?Short-term debtL4@L4@  ?    ?  ?!Capital lease obligationsffffff?333333? 333333?   ?  ?Operating leases33333s]@8@ fffffA@   6@ 33333A@.&Unconditional purchase obligations (b)`@33333sQ@ @O@  ~    ?'Other long-term obligations (c)~ ~  ~      ?  ?     %Total contractual obligations }@~   fffffr@  ffffff7@  @B@     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< j^RF?c0p=PF0*8X> @              l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } I"} $ }  } $ }  } $ } } $ } U} $ } U      FMC TECHNOLOGIES INC 10-K 03/12/2004@8Contractual Obligations and Other Commercial Commitments       (In millions) 2 *Amount of commitment expiration per period    Commercial commitments  Total   Less than  1 - 3  3 - 5  After   amount  1 year  years  years  5 years    committed  Letters of credit ]@ 33333Y@ )@   $?  $? Surety bonds9`@33333S@~      ?  ?Third-party guarantees@ @ ffffff?   ?  ?Other bank guarantees @               l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1)Income Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } $ } $} $ } +      FMC TECHNOLOGIES INC 10-K 03/12/2004 Pension Plan  ~  , $Management?s Discussion and Analysis  $ ____________________________1 )Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/"~r6=PF0*8X> @   l  <\  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension Plan Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 6} $ }  } $ }  }  $ }  } $ <                                 FMC TECHNOLOGIES INC 10-K 03/12/2004Income Statement   , $(In millions, except per share data)  Year Ended December 31,      ~ N ~ J  ~ F          Revenue   33333@   /@   @ Costs and expenses:   "Cost of sales and servicesfffffΜ@ؙ@  ̂@ 3+Selling, general and administrative expenser@p@  Hr@ ( Research and development expensefffffF@fffffG@  33333sK@     Total costs and expenses@@  fffff@    2*Income before minority interests, interestfffff&]@~   33333R@ 1)income, interest expense and income taxesMinority interests?@  333333? Interest income333333?? ~   Interest expense333333$@333333,@  333333,@    5-Income before income taxes and the cumulativefffffZ@33333V@  O@ 2*effect of changes in accounting principles,$Provision for income taxes (Note 10)~ ~333333:@  8@    .&Income before the cumulative effect offffffR@fffffP@  33333C@ DlznsO}U z0h3  ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; (  changes in accounting principles2!*Cumulative effect of changes in accounting!! !?!!!9h!!! ! ! 0"(principles, net of income taxes (Note 2)########## # # $Net income (loss)$$ fffffR@$$ fffff6`$$$ YA@$ %%%%%%%%%% % % 1&)Basic earnings (loss) per share (Note 3):&&&&&&&&& & & .'&Income before the cumulative effect of'' = ףp=?'' \(\?''' 333333?' (( changes in accounting principles2)*Cumulative effect of changes in accounting)) )?)))(\))) ) Q뱿) * principles++++++++++ + + ',Basic earnings (loss) per share,, = ףp=?,, ףp= ,,, (\?, ---------- - - /.'Diluted earnings (loss) per share (Note......... . .  /3):.0&Income before the cumulative effect of00 Gz?00 Q?000 333333?0 (1 changes in accounting principles22*Cumulative effect of changes in accounting22 2?222333333222 2 Q뱿2 3 principles4444444444 4 4 )5!Diluted earnings (loss) per share55 Gz?55 ףp= 555 (\?5 6666666666 6 6 78$9____________________________1:)Created by Morningstar Document Research.0;(http://documentresearch.morningstar.com/< I*q4PAqe=PF0*8X> @;; :: 99 555555 000000 ,,,,,, '''''' $$$$$$      l  &  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome StatementBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0} $ }  } $ }  &     FMC TECHNOLOGIES INC 10-K 03/12/2004 Balance Sheet  (In millions)   December 31,     ~ N ~ J      Assets      Current assets:!Cash and cash equivalents~  v 333333@@/'Trade receivables, net of allowances of@333333z@'$10.3 in 2003 and $10.5 in 2002Inventories (Note 6)q@fffffnq@Prepaid expensesffffff*@*@Other current assets33333S@R@Total current assets33333@33333@ Investments?@ffffff=@0(Property, plant and equipment, net (Notefffff~t@!s@~ Goodwill (Note 8)̌]@fffffT@'Intangible assets, net (Note 8)Q@fffff&B@ Other assetsfffff;@8@'Deferred income taxes (Note 10) P@fffffR@ Total assets fffffژ@ r@D l}q|@&tTaScx !"#$%       !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/udl=PF0*8X> @R %%$$##    l  ?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance Sheet Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } y<} $ } U} $ } U} $ ?                                 FMC TECHNOLOGIES INC 10-K 03/12/2004 Balance Sheet, $(In millions, except per share data)   December 31,      ~ N  ~ J       , $Liabilities and stockholders? equity        Current liabilities: Short-term debt (Note 9) L4@ 33333M@/'Current portion of long-term debt (Note??~ &)!Accounts payable, trade and otherfffffq@~ Advance payments33333o@fffffFg@Accrued payrolľK@D@Income taxes payableffffff7@=@!Other current liabilitiesc@33333a@.&Current portion of accrued pension and3@~ V/'other postretirement benefits (Note 12)'Deferred income taxes (Note 10)33333sC@3333332@!Total current liabilitiesh@~ z 2*Long-term debt, less current portion (Note33333#i@e@~ &0(Accrued pension and other postretirement333333G@333333S@0(benefits, less current portion (Note 12)Dv l}q)QY|Q ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > 1 )Reserve for discontinued operations (Note   )@    2@ ~ !."Other liabilities"""H@""""fffffM@"4#,Minority interests in consolidated companies###ffffff@####ffffff@#.$&Commitments and contingent liabilities$$$$$$$$% (Note 19)'&Stockholders? equity (Note 14):&&&&&&&&.'&Preferred stock, $0.01 par value, 12.0'' '?''' '?'.(&shares authorized; no shares issued in) 2003 or 20023*+Common stock, $0.01 par value, 195.0 shares***ffffff?****ffffff?*/+'authorized; 66.4 and 65.6 shares issued:,2in 2003 and 2002; 66.2 and 65.5 shares outstanding-in 2003 and 20024.,Common stock held in employee benefit trust,..~ ......4/,at cost, 0.2 and 0.1 shares in 2003 and 200200(Capital in excess of par value of common000fffffb@0000@0 1stock12)Unamortized restricted stock compensation222ffffff2222ffffff23Retained deficit333'3333U3,4$Accumulated other comprehensive loss44433333SZ4444333333b4555555555"6Total stockholders? equity666z@6666r@677777777728*Total liabilities and stockholders? equity88 fffffژ@888 r@8999999999:;$<____________________________1=)Created by Morningstar Document Research.0>(http://documentresearch.morningstar.com/B X_Q$}^,q>D l[2*,6*=PF0*8X> @R >>==<<8888    l  3-8  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1)Cash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 7} $ }  } $ }  }  $ } } $ 3                                 FMC TECHNOLOGIES INC 10-K 03/12/2004 Cash Flows      (In millions)  Year Ended December 31,      ~ N  ~ J  ~ F          - %Cash provided (required) by operating            ,$activities of continuing operations:.&Income before the cumulative effect of fffffR@ fffffP@  33333C@ ( changes in accounting principles.&Adjustments to reconcile income before    6.the cumulative effect of changes in accounting0(principles to cash provided by operating,$activities of continuing operations: DepreciationH@ D@   B@  Amortization#@!@   4@ )!Asset impairment charges (Note 5)? ?   ? &Restructuring charges (Note 5)? ?   /@ #Employee benefit plan costsfffff2@333333&@   @ 0(Settlement of derivative contracts (Note ? ?   ffffff ~  Deferred income taxes?~ N   333333 @  Other@   ffffff? 4,Changes in operating assets and liabilities,    'net of effects of acquisitions:DDlt`vyI D{/ ! " # $ % & ' ( ) * + , - . / 0 1 2 - %Repurchase of securitized receivables   ?    ?   ~ j !Trade receivables, net!!!33333sV!!!!A!! ! ~ ! ! " Inventories"""+@"""~ "n"" " " 333333." -#%Other current assets and other assets###3333332####.## # # # $Advance payments$$$YQ@$$$$fffff@@$$ $ $ @@$ 0%(Accounts payable, accrued payroll, other%%%;@%%%%.@%% % % 1% 1&)current liabilities and other liabilities'Income taxes payable'''"@''''4'' ' ' @' 0((Accrued pension and other postretirement(((2((((A(( ( ( ffffff)( ) benefits, net********** * * * -+%Cash provided by operating activities++ b@++~ + ++ + 33333S@+  ,of continuing operations---------- - - - ./$0____________________________11)Created by Morningstar Document Research.02(http://documentresearch.morningstar.com/* h;{5_*hy2rfZ2=PF0*8X> @j 22 11 00 ++++++     l  @Tg  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsShareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } :} $ }  } $ }  }  $ } } $ @                                 FMC TECHNOLOGIES INC 10-K 03/12/2004 Cash Flows      (In millions)  Year Ended December 31,      ~ N  ~ J  ~ F          - %Cash provided by operating activities   b@  ~     33333S@  of continuing operations    0(Cash required by discontinued operations333333   333333  (Note 11)    -%Cash provided (required) by investing     activities:2*Acquisitions and joint venture investments333333G ?    Capital expendituresLPfffffQ   fffffP 0(Retirement of sale-leaseback obligations33333A5    ? 1)Proceeds from disposal of property, plant~ 69@   333333"@  and equipment*"Decrease (increase) in investments333333?   ffffff      -%Cash required by investing activities`P   P     -%Cash provided (required) by financing     activities:Dlt`v 5 FsZ ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? - %Net increase (decrease) in short-term   ̌C    3    C@  !debt2"*Proceeds from issuance of commercial paper""~ "Z""" "?"" "  " ?" 0#(Proceeds from issuance of long-term debt## #?### #?## # # fffffFo@# #$Repayment of long-term debt$$$ffffff`$$$$4$$ $ ~ $ "$ *%"Contributions from FMC Corporation%% %?%%% %?%% % % X@% (& Distributions to FMC Corporation&& &?&&&&&& & & & /''Issuance of common stock, net of common''~ ''''~ ''' ' ' fffffi@' 1()stock acquired for employee benefit trust)))))))))) ) ) ) -*%Cash provided (required) by financing********E** * * ffffff@* + activities,,,,,,,,,, , , , /-'Effect of exchange rate changes on cash-------333333?-- - ~ - - .and cash equivalents////////// / / / 800Increase (decrease) in cash and cash equivalents000333333 0000@00 0 0 ffffff$@0 /1'Cash and cash equivalents, beginning of111333333@@111~ 1r11 1 1 1@1  2year3333333333 3 3 3 .4&Cash and cash equivalents, end of year4~ 4 v444 333333@@44 ~ 4 r4 5555555555 5 5 5 -6%Supplemental disclosures of cash flow666666666 6 6 6 7 information:/8'Cash paid for interest (net of interest88 #@888 +@88 8 333333,@8 9 capitalized)2:*Cash paid for income taxes (net of refunds:: 5@::: fffff9@:: : 333333@: ; received)<$=____________________________1>)Created by Morningstar Document Research.0?(http://documentresearch.morningstar.com/Dl-S3f1?(# ZBymE=PF0*8X> @?? >> == :::::: 888888 444444      l  >  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 6} $ } U} $ }  }  $ } } $ }  } $ }  } $ }  } $ }  } $ >     FMC TECHNOLOGIES INC 10-K 03/12/2004Shareholders' Equity       (In millions)                       Common  Common   Capital   Retained   FMC    Accumulated    Comprehensive    stock  stock    in excess   earnings    Corporation?s   other    income (loss)     held in   of par    (deficit)   net investment    comprehensive         employee   value of            income (loss)benefit common trust  stock$Balance at December 31, 2000 $? $?  $?    $?~   \"Net income (loss) (Note 1) ? ?   ?   fffff&E@ffffff ? YA@3+Issuance of common stock to FMC Corporation333333? ?  ̼s@    ?fffffs ? ?(Note 1)/'Sale of common stock to public (Note 1)? ?  fffffi@    ? ? ? ?0(Contributions from FMC Corporation (Note ? ?   ?    ? N@ ? ?~ F.&Purchases of common stock for employee ?333333   ?    ? ? ? ?( benefit trust, at cost (Note 14)2*Return of capital to FMC Corporation (Note ? ?   ?    ?~ ? ?~ F/'Foreign currency translation adjustment ? ?   ?    ? ?33333?33333? (Note 15),$Minimum pension liability adjustment ? ?   ?    ? ?ffffff?ffffff?3+Cumulative effect of a change in accounting ? ?   ?    ? ?/'principle (net of an income tax benefitDrlvjd_K?1gR !"#$%&'()*+,-./0123456789:;<= of $0.9) (Note 2)%!Net deferral of hedging gains!! !?!! !?!!!  ! ?! ! !  !?!!! !?!!!!?!!!!?!"""""""""" " " " " """"""""""""""########## # # # # ############ @#$$$$$$$$$$ $ $ $ $ $$$$$$$$$$$$$$$%Balance at December 31, 2001%% ffffff?%% 333333%%~ % .% % % fffff&E@%% %$?%%% 33333Sb%%%%%&Net loss&& &?&& &?&&&  & ?& & & &fffff6`&&& &?&&& &?&&& fffff6`& 'Issuance of common stock'' '?'' '?''' ' ffffff@' ' '  '?''' '?''' '?''' '?'.(&Purchases of common stock for employee(( (?((((((  ( ?( ( (  (?((( (?((( (?((( (?(() benefit trust, at cost (Note 14)3*+Adjustment for true-up with FMC Corporation** *?** *?*** * * * *  *?*** *?*** *?*** *?*+ (Note 17)!,Restricted stock activity,, ,?,, ,?,,, , 333331@, , ,  ,?,,, ,?,,, ,?,,, ,?,/-'Foreign currency translation adjustment-- -?-- -?---  - ?- - -  -?--- -?---- @@---- @@-. (Note 15),/$Minimum pension liability adjustment// /?// /?///  / ?/ / /  /?/// /?////B////B/50-(net of an income tax benefit of $18.5) (Note~ 1242,Net deferral of hedging gains (net of income22 2?22 2?222  2 ?2 2 2  2?222 2?2222ffffff@2222ffffff@2 3taxes of $3.3) (Note 16)4444444444 4 4 4 4 444444444444445555555555 5 5 5 5 555555555555 fffff`56666666666 6 6 6 6 66666666666666$7Balance at December 31, 200277 ffffff?77 777 Ԁ@7 7 7 U77 7$?777 333333b777778888888888 8 8 8 8 888888888888889:$;____________________________1<)Created by Morningstar Document Research.0=(http://documentresearch.morningstar.com/@De{;j5 #PBAc=PF0*8X> @3==<<;;777777 77 777755&&%%%%%% %% %%%%##                      l  '2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders Equity!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } U5} $ } $} $ }  }  $ } U} $ } } $ } $} $ }  } $ }  '     FMC TECHNOLOGIES INC 10-K 03/12/2004Shareholders' Equity       (In millions)                    Common  Common   Capital  Retained   FMC   Accumulated    Comprehensive   stock  stock    in excess  earnings    Corporation?s  other    income (loss)     held in   of par   (deficit)   net investment   comprehensive         employee   value of          income (loss)benefit common trust  stock$Balance at December 31, 2002 ffffff?  Ԁ@  U $? 333333b Net income ? ?   ?   fffffR@ ? ? fffffR@2*Issuance of common stock (net of an income ? ?  @    ? ? ? ?tax benefit of $1.8 ).&Purchases of common stock for employee ?   ?    ? ? ? ?( benefit trust, at cost (Note 14)!Restricted stock activity ? ?   @    ? ? ? ?/'Foreign currency translation adjustment ? ?   ?    ? ?:@:@ (Note 15),$Minimum pension liability adjustment ? ?   ?    ? ?)@)@0((net of income taxes of $8.1 ) (Note 12)4,Net deferral of hedging gains (net of income ? ?   ?    ? ?333333?333333? taxes of $1.1) (Note 16)           \@     Dlvj>YK90;L,n/ !"#$%&$ Balance at December 31, 2003   ffffff? ~     %@  '   $?   33333SZ    !!!!!!!!!! ! ! ! ! !!!!!!!!!!!"#$$____________________________1%)Created by Morningstar Document Research.0&(http://documentresearch.morningstar.com/}xx=PF0*8X> @Z+&&%%$$                       l  1g  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 8} $ } U} $ } U}  $ } U} $ 1                                 FMC TECHNOLOGIES INC 10-K 03/12/2004)!Stock-based employee compensation    , $(In millions, except per share data)  Year Ended December 31,      ~ N  ~ J  ~ F          & Net income (loss), as reported   fffffR@    fffff6`   YA@ .&Add: Stock-based employee compensation@@   @ 5-included in net income (loss), net of related tax effects7/Deduct: Total stock-based employee compensation!"     1)expense determined under fair value based1)method for all awards, net of related taxeffects    #Pro forma net income (loss) 9Q@~    333333?@     Per share data:    .&Income before the cumulative effect of    )!changes in accounting principles:Basic ? as reported = ףp=? \(\?  333333?     Basic ? pro forma p= ף? {Gz?  ?     Diluted ? as reported Gz? Q?  333333? Dlui]V2H|j5"Iv ! " # $ % & ' ( ) * + , - . / 0              !Diluted ? pro forma!! {Gz?!!! ףp= ?!! ! HzG?! """""""""" " " " "#Earnings (loss) per share:######### # # # $Basic ? as reported$$ = ףp=?$$$ ףp= $$ $ (\?$ %%%%%%%%%% % % % &Basic ? pro forma&& p= ף?&&& p= ף&& & Q?& '''''''''' ' ' ' (Diluted ? as reported(( Gz?((( ףp= (( ( (\?( )))))))))) ) ) ) *Diluted ? pro forma** {Gz?*** RQ** * Gz?* ++++++++++ + + + ,-$.____________________________1/)Created by Morningstar Document Research.00(http://documentresearch.morningstar.com/&l @d+u<f-yQ=PF0*8X> @*%00 // .. ****** (((((( &&&&&& $$$$$$ !!!!!!          l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatioCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } $4} $ }  } $ }  } $ }                               FMC TECHNOLOGIES INC 10-K 03/12/20041)Recently issued accounting pronouncements , $(In millions, except per share data)  Year Ended December 31,     ~ N ~ J ~ F       . &Income before the cumulative effect of   fffffR@   fffffP@   33333C@( changes in accounting principles 1)Basic weighted-average shares outstandingfffffP@33333SP@~  %Effect of dilutive securities?? ? 3+Diluted weighted-average shares outstandingP@33333P@ yP@ 0(Diluted EPS before the cumulative effect Gz? Q? 333333?+#of changes in accounting principles $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/> 0ymaU~Z |&L@4 =PF0*8X> @j            l  %  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } y#} $ } U      FMC TECHNOLOGIES INC 10-K 03/12/2004CDS Engineering  (In millions)   Fair value   # Current assets, net of cash   !@% Property, plant and equipment   @ Goodwill   fffff5@Intangible assets~ Total assets acquired33333sP@Current liabilities333333#@Deferred income taxesffffff@Long-term debt@Total liabilities5@Net assets acquired F@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BX{o?H LD`0$=PF0*8X> @2   l  7  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringNOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } %} $ }  } $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004CDS Engineering  (In millions)   Useful life   Fair value    (in years)      Customer lists ~ f   333333+@' Patents and acquired technology ~ R   0@ Trademarks~ f? Other@?"Acquired intangible assets~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4{o'_ DK=PF0*8X> @2   l  dL  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } a/} $ }  } $ }  } $                              FMC TECHNOLOGIES INC 10-K 03/12/2004NOTE 6. INVENTORIES  (In millions)   December 31,      ~ N  ~ J         Raw materials   33333S@  ~  6 Work in process[@y_@Finished goods0l@333333h@.&Gross inventories before LIFO reserves33333 z@x@!and valuation adjustments/'LIFO reserves and valuation adjustments<`ffffff]Net inventories q@ fffffnq@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<r wk:|rMBg[O'=PF0*8X> @R       l  a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } m)} $ }  } $ }  } $                              FMC TECHNOLOGIES INC 10-K 03/12/2004-%NOTE 7. PROPERTY, PLANT AND EQUIPMENT  (In millions)   December 31,      ~ N  ~ J       " Land and land improvements   2@  ~  J  Buildingšb@yb@Machinery and equipment33333@fffff>~@Construction in process3@LG@33333{@fffff…@ Accumulated depreciationxx33333cx*"Property, plant and equipment, net fffff~t@ !s@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< }qeY(jZ_Wi=PF0*8X> @R       l  du  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ }  } $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004.&NOTE 8. GOODWILL AND INTANGIBLE ASSETS  (In millions)   December 31,     ~ N ~ J     ! Energy Production Systems   9S@   fffffG@!Energy Processing SystemsL1@L1@Subtotal Energy SystemšW@fffffFP@FoodTech333333.@ffffff,@Airport Systems!@333333@Total goodwill ̌]@ fffffT@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:|pdXc'MWm=PF0*8X> @R       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0} $ } U      FMC TECHNOLOGIES INC 10-K 03/12/2004.&NOTE 8. GOODWILL AND INTANGIBLE ASSETS  (In millions)   Year Ended    December 31,  ~ F! Energy Production Systems   @! Energy Processing Systems   @Subtotal Energy Systems333333@FoodTechffffff@Airport Systems333333?+#Total goodwill amortization expense~  60(Total goodwill amortization expense (net #@of income taxes)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>/0|pdX(TJ\ ~=PF0*8X> @J      l  BzS  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 2} $ }  } $ } U} $ B                                 FMC TECHNOLOGIES INC 10-K 03/12/2004.&NOTE 8. GOODWILL AND INTANGIBLE ASSETS, $(In millions, except per share data)   Year Ended     December 31,     ~ J  ~ F       Net income (loss):0(As reported?Income before the cumulative fffffP@ 33333C@2*effect of changes in accounting principles/'Add back: goodwill amortization (net of ?#@ income taxes)-%Adjusted income before the cumulativefffffP@fffffH@2*effect of changes in accounting principles2*Cumulative effect of changes in accounting9h( principles (net of income taxes)"Adjusted net income (loss) fffff6` LF@%As reported?Net income (loss) fffff6` YA@( Basic earnings (loss) per share:0(As reported?Income before the cumulative \(\? 333333?2*effect of changes in accounting principlesDg l|pdX^:^?l2Lc ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? / 'Add back: goodwill amortization (net of   ?    333333? ! income taxes)"""""""""-#%Adjusted income before the cumulative###\(\?####?#2$*effect of changes in accounting principles2%*Cumulative effect of changes in accounting%%%(\%%%%Q뱿%(& principles (net of income taxes)''''''''',($Adjusted net income (loss) per share(( ףp= ((( (\?()))))))))-*%As reported?Basic earnings (loss) per** ףp= *** (\?* +share,,,,,,,,,*-"Diluted earnings (loss) per share:--------0.(As reported?Income before the cumulative.. Q?... 333333?.2/*effect of changes in accounting principles/0'Add back: goodwill amortization (net of00 0?0000333333?01 income taxes)222222222-3%Adjusted income before the cumulative333Q?3333?324*effect of changes in accounting principles25*Cumulative effect of changes in accounting5553333335555Q뱿5(6 principles (net of income taxes)777777777,8$Adjusted net income (loss) per share88 ףp= 888 (\?8999999999/:'As reported?Diluted earnings (loss) per:: ףp= ::: (\?: ;share<<<<<<<<<=>$?____________________________DJlfMDl@P_NTwjzvj@ A 1@)Created by Morningstar Document Research.0A(http://documentresearch.morningstar.com/=PF0*8X> @AA@@??::::8888....****((((     l  u  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Shortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } %} $ }  } $ }  } $ } } $ }                              FMC TECHNOLOGIES INC 10-K 03/12/2004Intangible assets      (In millions)   December 31,     ~ N ~ J        Gross   Accumulated  Gross   Accumulatedcarrying amortizationcarrying   amortizationamountamountCustomer lists 333333?@ @ 1@  @'Patents and acquired technologyYG@3333331@ 3333338@   333333+@ Trademarks3@ffffff@ fffff0@   333333@ Other?333333?  ?    ?    Total intangible assets~   ;@ M@  fffff5@    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< ymp0hhEc=PF0*8X> @                l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assets Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } $4} $ } U} $ }       FMC TECHNOLOGIES INC 10-K 03/12/2004Short-term debt  (In millions)   December 31,     ~ N ~ J     3 +364-day revolving committed credit facility  $? ~  R.&Domestic uncommitted credit facilities~ ~ >-%Foreign uncommitted credit facilities?~ /'Borrowings from MODEC International LLCffffff.@ffffff7@(joint venture)Total short-term debt L4@ 33333M@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8{oz>UM2-!=PF0*8X> @R       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } +} $ }  } $ }  } $                              FMC TECHNOLOGIES INC 10-K 03/12/2004Long-term debt  (In millions)   December 31,      ~ N  ~ J        Commercial paper (1) ~  Z   $? ,$Five-year revolving committed credit~ ~ facility Other333333??Total long-term debtfffff&i@e@Less: current portion,$Long-term debt, less current portion 33333#i@ e@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<T |p?fnuymE=PF0*8X> @R       l  +  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 6} $ }  } $ }  }  $ } } $                          FMC TECHNOLOGIES INC 10-K 03/12/2004NOTE 10. INCOME TAXES      (In millions)  Year Ended December 31,      ~ N  ~ J  ~ F           Domestic   %       6 Foreign`]@̬X@   33333U@     5-Income before income taxes and the cumulative fffffZ@ 33333V@  O@ 2*effect of changes in accounting principles    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4uiyUk$=PF0*8X> @j          l  ,Q!  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 7} $ }  } $ } U}  $ } } $ ,                                 FMC TECHNOLOGIES INC 10-K 03/12/2004NOTE 10. INCOME TAXES     (In millions)  Year Ended December 31,      ~ N  ~ J ~ F          Current:           Federal $? $? ? Foreign3333337@@  333333/@ State and local ? ?  ffffff     Total current3333337@@ ~  B Deferred333333@~ N  333333 @    "Provision for income taxes~  ~ 333333:@ 8@    .&Significant components of the deferred 3+income tax provision attributable to income,$before income taxes were as follows: (In millions)Year Ended December 31, ~ N~ J~  F  D luiaz*I%KxT ! " # $ % & ' ( ) * + . &Deferred tax expense (exclusive of the   "@    1@  333333 @ 1!)effect of changes in valuation allowance)6".Increase (decrease) in the valuation allowance"""""""333333?""  " ?" #for deferred tax assets$$$$$$$$$$ $ $ %%Deferred income tax provision%% 333333@%%~ % N%% 333333 @% &&&&&&&&&& & & '($)____________________________1*)Created by Morningstar Document Research.0+(http://documentresearch.morningstar.com/\'\9vjB=PF0*8X> @++ ** )) %%%%%%             l  -X:e?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } :} $ }  } $ }  } $ -                                 FMC TECHNOLOGIES INC 10-K 03/12/2004NOTE 10. INCOME TAXES  (In millions)   December 31,      ~ N  ~ J       , $Deferred tax assets attributable to:        ( Net operating loss carryforwards C@ ̌D@0(Accrued pension and other postretirement<@LD@benefits.&Reserves for insurance, warranties andB@ffffffA@ other( Foreign tax credit carryforwards2@(@ Inventories333333(@~ : Other~ 333333#@Deferred tax assets33333a@c@Valuation allowance1L47/Deferred tax assets, net of valuation allowancefffff]@fffff`@-%Deferred tax liabilities attributable to:2*Revenue in excess of billings on contracts~ YC@80accounted for under the percentage of completionD lui8`@,}fkX[L ! " # $ % & ' ( ) * + ,  method/!'Property, plant and equipment, goodwill!!!fffffF@!!!!̌B@!"and other assets######### $Deferred tax liabilities$$$33333sW@$$$$33333R@$%%%%%%%%%&Net deferred tax assets&& L9@&&& 333333L@&'''''''''()$*____________________________1+)Created by Morningstar Document Research.0,(http://documentresearch.morningstar.com/O37T=PF0*8X> @R ,,++**&&&&    l  U  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } !} $ }  } $ }  }  $ } } $                             FMC TECHNOLOGIES INC 10-K 03/12/2004NOTE 10. INCOME TAXES      (In millions)  December 31, 2003        Current asset   Non-current asset   Total     (liability)    (liability)       United States ffffff @ fffffW@  33333Y@ NorwayH ?   H Brazil@4   ffffff1  Netherlands333333ӿ     Other foreign333333        #Total deferred income taxes 33333sC P@  L9@     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/: ui[> gk=PF0*8X> @z          l  #Uojp  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $ }  } $} $ }  } $} $ }  } $ #                                 FMC TECHNOLOGIES INC 10-K 03/12/2004NOTE 10. INCOME TAXES     Year Ended     December 31,     ~ N  ~ J  ~ F          .&Statutory U.S. federal income tax rate~  %~  %~   %&Net difference resulting from: -%Foreign earnings subject to different~ ~ ~   tax rates-%Tax on foreign intercompany dividends~ ~ ~ V -%and deemed dividends for tax purposesNondeductible expenses~  ~  ~   'Qualifying foreign trade income~ ~ ~  +#Nondeductible goodwill amortization ? ?~  %Change in valuation allowance~ ~  ?  Other~ ~  ?  Total difference~ ~ ~   !Effective income tax rate~ v %~ v %~   % Dd luicy<FLF4 ! " $ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @*"" !!   l  <D  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 2} $ }  } $ }  }  $ } U} $ } U} $ <     FMC TECHNOLOGIES INC 10-K 03/12/2004D<NOTE 12. PENSIONS AND POSTRETIREMENT AND OTHER BENEFIT PLANS       (In millions)  Pensions   Other       postretirement           benefits  ~ N  ~ J  ~ N  ~ J             &Accumulated benefit obligation~  . hx@          /'Projected benefit obligation at January !|@ ̬y@ ~     D@~  Service cost-@+@   ffffff?  ? Interest cost=@;@   @  @Actuarial (gain) lossB@ @   333333@   Amendments?ɿ     ffffff.&Foreign currency exchange rate changes&@ffffff!@    ?   ?( Plan participants? contributions?333333?  ~    @ Benefits paid0ffffff.   333333  ffffff     0(Projected benefit obligation at December̀@!|@   ̌B@  ~ ~ ~     .&Fair value of plan assets at January 1ffffft@t@    ?   ?$Actual return on plan assetsfffffV@333334    ?   ?Spin-off adjustment (1) ?    ?   ?DblfZNBv&Lugw !"#$%&'()*+,-./0123456789:;. &Foreign currency exchange rate changes   333333@    @    ?    ? !Company contributions!!!2@!!!!LA@!! ! ! ffffff@! ! !!333333 @!(" Plan participants? contributions"""?""""333333?"" " ~ " " " ""@"# Benefits paid###0####ffffff.## # # 333333# # ##ffffff#$$$$$$$$$$ $ $ $ $ $$$0%(Fair value of plan assets at December 31%%%fffff>{@%%%%ffffft@%% %  % ?% % % %?%&&&&&&&&&& & & & & &&&.'&Funded status of the plans (liability)''' W''''\'' ' ' ̌B' ' '~ 'z'#(Unrecognized actuarial loss(((333333Z@((((l^@(( ( ( 333333@( ( ((333333 @(0)(Unrecognized prior service cost (income)))) @)))~ ))) ) ) %) ) ))&)%*Unrecognized transition asset***333333****** *  * ?* * * *?*++++++++++ + + + + +++2,*Net amounts recognized in the consolidated,, &@,,, 333333@,, , YD, , , 33333D,%-balance sheets at December 31.......... . . . . ...0/(Accrued pension and other postretirement// 9/// 33333K// / YD/ / / 33333D/0benefits1 Other assets111ffffff?111~ 111 1  1 ?1 1 1 1?1,2$Accumulated other comprehensive loss222 B@2222YL@22 2  2 ?2 2 2 2?23333333333 3 3 3 3 33324*Net amounts recognized in the consolidated44 &@444 333333@44 4 YD4 4 4 33333D4%5balance sheets at December 316666666666 6 6 6 6 66678$9____________________________1:)Created by Morningstar Document Research.0;(http://documentresearch.morningstar.com/<oJH|vwox =_6j^R*=PF0*8X> @;;::99444444 44////// //,,,,,, ,,         l     dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } $} $      FMC TECHNOLOGIES INC 10-K 03/12/2004D<NOTE 12. PENSIONS AND POSTRETIREMENT AND OTHER BENEFIT PLANS  (In millions) ~ N ~ J     & Accumulated benefit obligation   p`@   x@       ! Fair value of plan assets ~  f   33333t@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,?|fZNBeN=PF0*8X> @J        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $      FMC TECHNOLOGIES INC 10-K 03/12/2004D<NOTE 12. PENSIONS AND POSTRETIREMENT AND OTHER BENEFIT PLANS  (In millions)  Pensions     ~ N  ~ J      . &Increase (decrease) in minimum pension   4    YK@ liability$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.KfZNB9wb=PF0*8X> @B      l  +  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $ }  } $} $ }  } $} $ }  } $} $ } } $                          FMC TECHNOLOGIES INC 10-K 03/12/2004D<NOTE 12. PENSIONS AND POSTRETIREMENT AND OTHER BENEFIT PLANS       Pensions   Other       postretirement         benefits           ~ N  ~ J  ~ N  ~ J     Discount rate@ %@ %@  %  @  %%Rate of compensation increase@ %@ % ?    ? .&Expected rate of return on plan assets!@ %"@ % ?    ?     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4 fZNBE{kM{=PF0*8X> @:       l  "  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ }  } $} $ }  } $      FMC TECHNOLOGIES INC 10-K 03/12/2004D<NOTE 12. PENSIONS AND POSTRETIREMENT AND OTHER BENEFIT PLANS (Percent of plan assets)   December 31,      ~ N  ~ J        Equity securities  U@ %  LR@ %Debt securities@@ Cash333333#@ffffff5@ Other333333?? Total~  %~  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6yfZNBvc+x$ =PF0*8X> @"  l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } U5} $ }  } $ }  }  $ } } $ } U} $ } U} $ } U} $      FMC TECHNOLOGIES INC 10-K 03/12/2004D<NOTE 12. PENSIONS AND POSTRETIREMENT AND OTHER BENEFIT PLANS       (In millions)  Pensions   Other       postretirement               benefits  ~ N  ~ J  ~ F  ~ N  ~ J  ~ F                   .&Components of net annual benefit cost:      Service cost -@ +@  333333)@   ffffff? ? 333333? Interest cost=@;@   9@  @@ffffff@&Expected return on plan assets@333333@   ffffff>   ? ? ?( Amortization of transition asset      ? ? ?4,Amortization of prior service cost (benefit)~ ~    333333?  ffffff "Recognized net (gain) loss@?   ?  ??     Net annual benefit cost~  : %@  ffffff@   ? ? ?     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>0fZNBR|h KmA&=PF0*8X> @            l  *  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $ }  } $} $ }  } $} $ }  } $} $ } } $} $ }  } $} $ }  } $      FMC TECHNOLOGIES INC 10-K 03/12/2004D<NOTE 12. PENSIONS AND POSTRETIREMENT AND OTHER BENEFIT PLANS        Pensions   Other       postretirement            benefits              ~ N  ~ J  ~ F  ~ N  ~ J  ~ F       Discount rate@ %~  %@  %  @  % ~  %@ %%Rate of compensation increase@ %@ %@  %   ?   ? ?.&Expected rate of return on plan assets!@ %"@ %"@  %   ?   ? ?     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4 fZNB^iymE=PF0*8X> @:     l  &AB  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 2} $ } } $ &     FMC TECHNOLOGIES INC 10-K 03/12/2004)!NOTE 13. STOCK-BASED COMPENSATION' (Number of shares in thousands)  Shares    Weighted-   under   average   option   exercise      price2 *Granted concurrent with the initial public ~ N%  ~  Roffering Forfeited~ ~  RDecember 31, 2001~ $~  R1)Issued to replace FMC Corporation options~ 2 ףp= 0@~ 1)Granted with exercise price equal to fair~ > Y1@ value Exercised~  /@ Forfeited~  Gz3@December 31, 2002~ [ 333331@1)Granted with exercise price equal to fair~   p= c3@ value Exercised~ > Q*@Forfeited or expired~  )\(3@December 31, 2003~ \ HzG2@D lui] ?&i I M !"#$%       !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/udl=PF0*8X> @%%$$##      l  Y  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ } } $ } } $ } } $                             FMC TECHNOLOGIES INC 10-K 03/12/2004)!NOTE 13. STOCK-BASED COMPENSATION     (Number of shares in  Options outstanding  Options exercisable  thousands)      Range of exercise prices  Number of shares  Weighted-average   Weighted-  Number  Weighted-average     remaining contractual  average exercise price   of shares  exercise pricelife (in years)   $ 8.16 - $12.82~ ~  ףp= '@~    ףp= '@$13.27 - $19.73~ Z4~  fffff1@~  >   ףp= 1@$20.00 - $21.37~ #@ Q4@~    Q^5@     !Total~ \333333@ HzG2@~  $  )\h0@    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/: ui]KX}3Os=PF0*8X> @          l  n  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $ } U} $} $ } U} $} $ } U} $                         FMC TECHNOLOGIES INC 10-K 03/12/2004)!NOTE 13. STOCK-BASED COMPENSATION      ~ N  ~ J  ~ F           Risk-free interest rate   333333@ %   333333@ %   333333@ % Stock volatility   ffffffG@ %   F@ %  ~  % Expected life in years  ~    ~    ~  Expected dividend yield ? ?    ? .&Weighted-average fair value of options Gz.!@ Q@  ffffff!@ granted    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2ui]CR4!ymE=PF0*8X> @J       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } !} $ }  } $ }  } $ }                      FMC TECHNOLOGIES INC 10-K 03/12/2004)!NOTE 13. STOCK-BASED COMPENSATION   ~ N ~ J ~ F        Shares granted  ~ FD  ~ y   ~ # Weighted-average fair value   ףp=3@   {G:3@   ̌0@          $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*shui]7*r=PF0*8X> @J          l  "ߔ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3)!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 2} $ } } $ }  "     FMC TECHNOLOGIES INC 10-K 03/12/2004 Capital stock' (Number of shares in thousands)  Common   Common stock   stock  held in employee      benefit trust      December 31, 2000 ~   ?Initial public offering~  ?,$Issuance of stock to FMC Corporation~ J ? Stock awards~ n ?2*Stock purchased for employee benefit trust ?~ ZDecember 31, 2001~ ~ Z Stock awards~  ?2*Stock purchased for employee benefit trust ?~ December 31, 2002~ ~ J Stock awards~   ?2*Stock purchased for employee benefit trust ?~ JDecember 31, 2003~  ~ $____________________________D l}q5w.L5]gw& !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @!!  l  /  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } a/} $ } U} $ } U} $                             FMC TECHNOLOGIES INC 10-K 03/12/20045-Accumulated other comprehensive income (loss)  (In millions)   December 31,      ~ N  ~ J       / 'Cumulative foreign currency translation ~      fffff\  adjustments-%Cumulative deferral of hedging gains,ffffff@333333@ net of tax,$Cumulative minimum pension liabilityfffff833333Badjustments, net of tax,$Accumulated other comprehensive loss 33333SZ 333333b$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:Uui]Qx U>`pdX0=PF0*8X> @R       l  l  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensiveNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } }  $                           FMC TECHNOLOGIES INC 10-K 03/12/2004( Derivative financial instruments      (In millions)  Foreign currency  Interest   exchange contracts   rate swap    December 31,   agreements         December        ~ ~~ N~ J~ N ~  J  Other current assets ffffff?@ 33333A@ $?   $? Other assets 333333? ? 333333@   $?!Other current liabilities @ '@ ?  ?Other liabilities 333333@ 333333? $?  333333@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6vj^a Dbf=l=PF0*8X> @                     l  F  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrument!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0.} $ }  } $ }  } $                         FMC TECHNOLOGIES INC 10-K 03/12/2004%NOTE 18. WARRANTY OBLIGATIONS  (In millions) ~ N  ~ J       $ Balance at beginning of year   '@    333333'@ # Expenses for new warranties   fffff0@    1@ . &Adjustments to pre-existing warranties   ffffff       Claims paid~ -Balance at end of year %@ '@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2ymaH9:=PF0*8X> @J      l  1T  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 6} $ }  } $ }  }  $ } } $ 1                                 FMC TECHNOLOGIES INC 10-K 03/12/20044,Segment revenue and segment operating profit      (In millions)  Year Ended December 31,      ~ N  ~ J  ~ F           Segment revenue:            !Energy Production Systems @ fffffb@  33333@ !Energy Processing Systems33333z@fffffx@  ~  B !Intercompany eliminationsffffffffffff   333333     Subtotal Energy Systemsffffft@33333۔@   33333@ FoodTeche@fffff@   33333@ Airport Systems33333l@33333n@   ̼r@ !Intercompany eliminations333333333333   333333$      Total revenue 33333@ /@  @     !Segment operating profit:    )!Energy Production Systems (1) (2)~   333333I@ ~   %Energy Processing Systems (2)L>@;@   333339@     Subtotal Energy Systems33333X@`S@   lP@ FoodTech (1) (2)~ fffffE@   ̌@@ Airport Systems (2)(@/@   ,@ Dnlvj^Rb>TB{dD\R ! " # $ % & ' ( ) * + , - . / 0              &!Total segment operating profit!!!fffffc@!!!!33333a@!! ! ! L\@! "Corporate expense (3)"""L9""""8"" " " A" #Other expense, net (4)###'####ffffff### # # # $$$$$$$$$$ $ $ $ 4%,Operating profit before net interest expense%%%\@%%%%33333Y@%% % % fffffR@% &and income taxes'Net interest expense'''!'''')'' ' ' 333333&' (((((((((( ( ( ( 5)-Income before income taxes and the cumulative)) fffffZ@))) 33333V@)) ) O@) 2**effect of changes in accounting principles++++++++++ + + + ,-$.____________________________1/)Created by Morningstar Document Research.00(http://documentresearch.morningstar.com/&e @du!j4X=PF0*8X> @00 // .. ))))))       l  /  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 2} $ }  } $ }  } $ /                                 FMC TECHNOLOGIES INC 10-K 03/12/2004=5Segment operating capital employed and segment assets  (In millions)   December 31,      ~ N  ~ J       2 *Segment operating capital employed (1) :        !Energy Production Systems 33333kv@ 33333r@!Energy Processing Systems~ Ie@Subtotal Energy Systems@X}@FoodTechIf@lg@Airport Systems~ ffffff<@0(Total segment operating capital employed~  fffffj@-%Segment liabilities included in total<@33333@.&segment operating capital employed (2) Corporate (3)~ :33333Z@ Total assets fffffژ@ r@Segment assets:!Energy Production Systems <@ @!Energy Processing Systemshr@Qp@!Intercompany eliminations333333D lmaUIp:496._r ! " # $ % & ' ( ) * + , - .          !Subtotal Energy Systems!!!3@!!!!33333'@!"FoodTech"""Yv@""""ffffft@"#Airport Systems###fffff]@####W@#$$$$$$$$$%Total segment assets%%%fffff@%%%%ē@%& Corporate (3)&&~ &:&&&&33333Z@&'''''''''( Total assets(( fffffژ@((( r@()))))))))*+$,____________________________1-)Created by Morningstar Document Research.0.(http://documentresearch.morningstar.com/"A5)=PF0*8X> @r..--,,((((    l  'm24  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } m)} $ }  } $ }  } $ } '                                 FMC TECHNOLOGIES INC 10-K 03/12/2004&Geographic segment information   (In millions)  Year Ended December 31,     ~ N ~ J ~ F       * "Revenue (by location of customer):          United States 8@ @ ̨@Norwayqq@~ ^ fffffb@All other countries@@ @  Total revenue 33333@ /@ @  (In millions) December 31,~ N~ J~ FLong-lived assets:  United States p@ 33333Sp@ fffff~@Norway9P@~  fffff8@BrazilYO@O@ 33333S@ Netherlands333333M@ ?  ?All other countrieš]@~  R@ D' lxl`|"45 5bj ! " # $ % &  Total long-lived assets   fffffځ@   }@   ̄@!!!!!!!!!! "#$$____________________________1%)Created by Morningstar Document Research.0&(http://documentresearch.morningstar.com/*x =PF0*8X> @&& %% $$             l  Y  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } } $ } U} $ } U}  $ } U} $ } U} $ } U} $ }  } $ } U} $ } U} $ } U      FMC TECHNOLOGIES INC 10-K 03/12/2004*"Other business segment information       (In millions)  Capital expenditures  Depreciation and   Research and      amortization  development expense                 Year Ended   Year Ended   Year Ended    December 31,   December 31,   December 31,~ N~ J~  F ~  N~ J~ F~ N~ J~ F   !Energy Production Systems F@ D@ fffffB@  fffff8@ 1@~  J fffff3@ 333335@ 6@!Energy Processing Systemsffffff"@ffffff@  @   ffffff@ffffff@ffffff%@@@@     Subtotal Energy SystemsYK@fffffF@  @E@  ~  8@33333<@9@<@~ zFoodTechfffff7@3@  3@   5@3@ffffff8@,@*@333330@Airport Systems333333??  @   @333333@333333@333333@333333@ffffff @ Corporate?@ ~     @@? ? ? ?      Total T@~  fffffQ@ fffffP@  L@ LH@ fffffL@ fffffF@ fffffG@ 33333sK@     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXth\o`vtIBfU=PF0*8X> @J)                  l  #}~  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } a/} $ #     FMC TECHNOLOGIES INC 10-K 03/12/20042*NOTE 22. QUARTERLY INFORMATION (UNAUDITED)     / '(In millions, except per share data and ~ N ~ J  common stock prices)       4th Qtr.  3rd Qtr.  2nd Qtr.  1st Qtr.  4th Qtr.  3rd Qtr.  2nd Qtr.  1st Qtr.                   Revenue   33333@   ̀@   33333@  33333;@   !@   33333k@   fffff@   yz@ &Cost of sales and services (1)~   |@~    1y@  }@~   z@ t@.&Income before the cumulative effect of 3333337@ L4@ fffff6@  ffffff"@  8@ 0@ 1@~  ( changes in accounting principlesNet income (loss) 3333337@ L4@ fffff6@  ffffff"@  8@ 0@ 1@ g)!Earnings (loss) per share (2) :     Basic:     .&Income before the cumulative effect of ffffff? ףp= ? ffffff?  Q?  RQ? p= ף? HzG? {Gz?( changes in accounting principlesNet income (loss) ffffff? ףp= ? ffffff?  Q?  RQ? p= ף? HzG? QDiluted:     .&Income before the cumulative effect of ffffff? 333333? (\?  Q?  Gz? ? HzG? {Gz?( changes in accounting principlesNet income (loss) ffffff? 333333? (\?  Q?  Gz? ? HzG? QCommon stock price:      High R7@ 8@ 6@  {G4@  Q4@ 4@ Gz7@ 4@ Low (\53@ 3333334@ ףp=J2@  q= ף1@  = ףp}0@ 33333-@ QE3@ ,@Dlxl`TYAufL"Fe9  !"$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @]""!!                                    l  >X  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } $4} $ }  } $ }  }  $ } } $ }  } $ }  } $ >     FMC TECHNOLOGIES INC 10-K 03/12/2004*"SELECTED HISTORICAL FINANCIAL DATA     , $(In millions, except per share data)  Year Ended December 31,      ~ N  ~ J  ~ F  ~ B  ~ >                 Revenue:                    !Energy Production Systems @ fffffb@  33333@   33333߄@ @!Energy Processing Systems33333z@fffffx@  ~  B  33333+w@u@!Intercompany eliminationsffffffffffff   333333  333333     Total Energy Systemsffffft@33333۔@   33333@  333335@@FoodTeche@fffff@   33333@  fffff@fffffʀ@Airport Systems33333l@33333n@   ̼r@  33333p@fffff.r@!Intercompany eliminations333333333333   333333$        Total revenue 33333@ /@  @   L@ fffff@     "Cost of sales and services fffffΜ@ ؙ@  ̂@   fffffb@ F@3+Selling, general and administrative expenser@p@   Hr@  333333r@fffffr@( Research and development expensefffffF@fffffG@   33333sK@  YL@fffffI@Minority interests?@   333333?  ɿ&Interest expense (income), net!@)@   333333&@  333333@     0(Income from continuing operations beforefffffZ@33333V@   O@  fffffV@~ D*lth\`SOX)NRgks. !"#$%&'()*+,-./0123456789:;<=. &income taxes and the cumulative effect!of accounting changes""Provision for income taxes""~ "~""""333333:@"" " " 8@" " ""333336@""""@@"########## # # # # #######0$(Income from continuing operations before$$$fffffR@$$$$fffffP@$$ $ $ 33333C@$ $ $$P@$$$$ S@$3%+the cumulative effect of accounting changes.&&Discontinued operations, net of income&& &?&&& &?&& &  & ?& & & &?&&&&& 'taxes0((Cumulative effect of accounting changes,(( (?((((9h(( ( ( ( ( ( (?((( (?()net of income taxes********** * * * * *******+Net income (loss)++ fffffR@+++ fffff6`++ + YA@+ + + P@++~ + +,,,,,,,,,, , , , , ,,,,,,,1-)Diluted earnings (loss) per share (1) :--------- - - - - -------..&Income before the cumulative effect of.. Gz?... Q?.. . 333333?. . ......./accounting changes)0!Diluted earnings (loss) per share00 Gz?000 ףp= 00 0 (\?0 0 000000031+Diluted weighted average shares outstanding111P@111133333P@11 1 1 yP@1 1 1111111~ 23333333333 3 3 3 3 3333333(4 Common stock price range (1) :444444444 4 4 4 4 4444444 5High55 8@555 Gz7@55 5 {Gz6@5 5 5555555 6Low66 q= ף1@666 ,@66 6 {G%@6 6 66666667Cash dividends declared7 7$?77 7$?77  7 $?7 7 77777778888888888 8 8 8 8 88888889:$;____________________________1<)Created by Morningstar Document Research.0=(http://documentresearch.morningstar.com/@D}?y}qaC8 =PF0*8X> @b,==<<;;777777 666666 555555 000000 ...... ++++++ ++++         l  0,  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } $4} $ } U} $} $ }  } $} $ } } $} $ } U} $} $ }  } $ 0     FMC TECHNOLOGIES INC 10-K 03/12/20046.SELECTED HISTORICAL FINANCIAL DATA (CONTINUED)      ($ in millions)  Year Ended December 31,      ~ N  ~ J  ~ F  ~ B  ~ >                + #Reconciliation of non-GAAP measure:                    0(Income from continuing operations before fffffZ@ 33333V@  O@   fffffV@~  .&income taxes and the cumulative effectof accounting changes&Interest expense (income), net!@)@   333333&@  333333@ DepreciationH@ D@   B@  D@G@ Amortization#@!@   4@  fffff1@0@     %EBITDA (non-GAAP measure) (3) fffffe@ b@  ̌`@  ~  j ye@     $Other financial information:      Return on investment (4)ffffff+@ %'@ %   #@  % ffffff$@ %~ * %Capital expenditures LP@ fffffQ@  fffffP@   ̌E@ 33333sD@3+Cash flows provided by operating activities b@~    33333S@  ~  " fffffc@ of continuing operations      (In millions) December 31,Dlth\PT\=; dhqu]*87 !"#$%&'()*+,-./  ~ N  ~ J  ~ F  ~ B  ~ > !!!!!!!! ! ! ! !!!!"Balance sheet data:""""""""" " " " " """""""# Total assets## fffffژ@### r@## # w@# # # v@### @#$ Net debt (5)$$ h@$$$ Pi@$$ ~ $ $ $ $ L7@$$$ <$,%$Long-term debt, less current portion%% 33333#i@%%% e@%% % 33333Ch@% %  %$?%% %$?% &Stockholders? equity (6)&& z@&&& r@&& & 33333#z@& & & @&&& @&.'&Segment operating capital employed (7)'~ '  ''' fffffj@'' ' 33333o@' ' ' (@''' @'%(Operating working capital (8)(~ ( z((( fffffc@(( ( |b@( ( ~ ( ((( 33333sO@(%)Order backlog (unaudited) (9))) 33333@))~ ) )) ) @) ) ) fffff"@))) D@)********** * * * * *******+,$-____________________________1.)Created by Morningstar Document Research.0/(http://documentresearch.morningstar.com/$ ,6s=PF0*8X> @2F//..--)))))) ))))(((((( (((('''''' ''''&&&&&& &&&&%%%%%% %%%%$$$$$$ $$$$###### ####              l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 0} $ }  } $      FMC TECHNOLOGIES INC 10-K 03/12/20046.SELECTED HISTORICAL FINANCIAL DATA (CONTINUED)  (In millions)   Year Ended     December 31,  ~ F+ #After-tax profit (non-GAAP measure) ~   0 (Less: Restructuring and asset impairment   $ $charges, net of income taxes/'Less: Income tax charges related to the!'Separation from FMC Corporation0(Plus: Pro forma interest expense, net of@ income taxes.&Income before the cumulative effect of 33333C@.&a change in accounting principle (GAAPmeasure)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>0th\Pw"'z>`TH =PF0*8X> @B     l  8sL$  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } U5} $ } } $ }  8     FMC TECHNOLOGIES INC 10-K 03/12/20042*SIGNIFICANT SUBSIDIARIES OF THE REGISTRANT  Company(1)  Organized Under  Percent of Voting   Laws of  Securities Owned(2)      CDS Engineering BV  The Netherlands  55%& Direct Measurement Corporation  Colorado  100%)!FMC Airport Products Europe, S.L. Spain 100%FMC FoodTech Inc..Delaware 100%FMC FoodTech S.L. Spain 100% FMC G.m.b.H.Germany 100%"FMC Kongsberg Metering A/SNorway 100% FMC Kongsberg Subsea A/SNorway 100%( FMC SOFEC Floating Systems, Inc. Texas 100% FMC Subsea Service, Inc.Delaware 100%1)FMC Technologies (South Africa) Pty. Ltd. South Africa 100%FMC Technologies A.G. Switzerland 100%FMC Technologies A/SNorway 100%( FMC Technologies Argentina, S.A. Argentina 100%'FMC Technologies Australia Ltd. Australia 100%FMC Technologies B.V.The Netherlands 100%FMC Technologies CV.The Netherlands 100%0(FMC Technologies de Mexico, S.A. de C.V.Mexico 100%'FMC Technologies do Brasil S.A.Brazil 100%%FMC Technologies Finance B.V.Belgium 100%D lxl`T\ ZD3n?n 9 !"#$%&'()*+,-./01234567* "FMC Technologies Hong Kong Limited   Hong Kong  100%&!FMC Technologies Italia S.p.A.! !Italy! !100% "FMC Technologies Limited""England" "100%#FMC Technologies N.V.##Belgium# #100%($ FMC Technologies Nigeria Limited$$Nigeria$ $100%%FMC Technologies S.A.%%France% %100%&FMC Technologies S.L.& &Spain& &100%,'$FMC Technologies Singapore Pte. Ltd.'' Singapore' '100%(( FMC Wellhead Equipment Sdn. Bhd.((Malaysia( (100%!)Frigoscandia Equipment AB))Delaware) )100%)*!Frigoscandia Equipment Holding AB**Delaware* *100%++#Frigoscandia Equipment Iberica S.L.+ +Spain+ +100%,,$Frigoscandia Equipment International,,Sweden, ,100% -AB.GTL Microsystems AG.. Switzerland. .60%4/,PT FMC Santana Petroleum Equipment Indonesia// Indonesia/ /60%0Smith Meter G.m.b.H.00Germany0 0100% 1Smith Meter Holding Ltd.11Delaware1 1100%2Smith Meter Inc.22Delaware2 2100%34$5____________________________16)Created by Morningstar Document Research.07(http://documentresearch.morningstar.com/4 2w[%T P=PF0*8X> @776655 l  2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE NO TITLE (1)U } 1      FMC TECHNOLOGIES INC 10-K 03/12/2004-%CHIEF EXECUTIVE OFFICER CERTIFICATION% !/ S / J OSEPH H. N ETHERLAND Joseph H. Netherland/ 'Chairman, President and Chief Executive Officer% (Principal Executive Officer)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*h}qeYM$}U=PF0*8X> @ l  VA  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI NO TITLE NO TITLE (1)U } 1      FMC TECHNOLOGIES INC 10-K 03/12/2004-%CHIEF FINANCIAL OFFICER CERTIFICATION* !"/ S / W ILLIAM H. S CHUMANN , III William H. Schumann, III. &Senior Vice President, Chief Financial  Officer and/ 'Treasurer (Principal Financial Officer)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*h}qeYMsg?=PF0*8X> @ l  O  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLE (1)U } 1      FMC TECHNOLOGIES INC 10-K 03/12/2004NO TITLE% !/ S / J OSEPH H. N ETHERLAND Joseph H. Netherland/ 'Chairman, President and Chief Executive Officer% (Principal Executive Officer)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*shvjA!r=PF0*8X> @ l  (^  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??LFMC TECHNOLOGIES INC!Securities registered pursuant !DOCUMENTS INCORPORATED BY REFERAvailable InformationAvailable Information (1)Available Information (2)Available Information (3)!Executive Officers of the RegisSummary CompensationBeneficial Ownership!Schedule II151Valuation and Qua!FORM 10K OF FMC TECHNOLOGIES IN!FORM 10K OF FMC TECHNOLOGIE (1)!FORM 10K OF FMC TECHNOLOGIE (2) Highlights!Use of NonGAAP Financial Measur!Cumulative Effect of Changes in!Operating Results of Business S!Inbound Orders and Order Backlo!Liquidity and Capital ResourcesDebt and LiquidityDebt and Liquidity (1)!Contractual Obligations and Oth!Contractual Obligations and (1) Pension PlanIncome Statement Balance SheetBalance Sheet (1) Cash FlowsCash Flows (1)Shareholders EquityShareholders Equity (1)!Stockbased employee compensatio!Recently issued accounting pronCDS EngineeringCDS Engineering (1)NOTE 6 INVENTORIES!NOTE 7 PROPERTY PLANT AND EQUIP!NOTE 8 GOODWILL AND INTANGIBLE  NOTE 8 GOODWILL AND INTANG (1) NOTE 8 GOODWILL AND INTANG (2)Intangible assetsShortterm debt Longterm debtNOTE 10 INCOME TAXESNOTE 10 INCOME TAXES (1)NOTE 10 INCOME TAXES (2)NOTE 10 INCOME TAXES (3)NOTE 10 INCOME TAXES (4)!NOTE 12 PENSIONS AND POSTRETIRE!NOTE 12 PENSIONS AND POSTRE (1)!NOTE 12 PENSIONS AND POSTRE (2)!NOTE 12 PENSIONS AND POSTRE (3)!NOTE 12 PENSIONS AND POSTRE (4)!NOTE 12 PENSIONS AND POSTRE (5)!NOTE 12 PENSIONS AND POSTRE (6)!NOTE 13 STOCKBASED COMPENSATION!NOTE 13 STOCKBASED COMPENSA (1)!NOTE 13 STOCKBASED COMPENSA (2)!NOTE 13 STOCKBASED COMPENSA (3) Capital stock!Accumulated other comprehensive!Derivative financial instrumentNOTE 18 WARRANTY OBLIGATIONS!Segment revenue and segment ope!Segment operating capital emplo Geographic segment information!Other business segment informat!NOTE 22 QUARTERLY INFORMATION U!SELECTED HISTORICAL FINANCIAL D!SELECTED HISTORICAL FINANCI (1)!SELECTED HISTORICAL FINANCI (2)!SIGNIFICANT SUBSIDIARIES OF THE!CHIEF EXECUTIVE OFFICER CERTIFI!CHIEF FINANCIAL OFFICER CERTIFI NO TITLEU } 1      FMC TECHNOLOGIES INC 10-K 03/12/2004NO TITLE* !"/ S / W ILLIAM H. S CHUMANN , III William H. Schumann, III. &Senior Vice President, Chief Financial  Officer and/ 'Treasurer (Principal Financial Officer)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hvj<\=PF0*8X> @ Root Entry FBook  ^  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./