UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
February 24, 2006

FMC TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)

 
 	 	 	 	 	
Delaware	 	1-16489	 	36-4412642	
(State or other jurisdiction
of incorporation)	 	(Commission File Number)	 	(I.R.S. Employer
Identification No.)	
1803 Gears Road, Houston, TX 77067
(Address of principal executive offices) (Zip Code)
(281) 591-4000
Registrant’s telephone number,
including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	

SECTION 7 – Regulation FD
ITEM 7.01 REGULATION FD DISCLOSURE.
FMC Technologies, Inc. has posted a new investor presentation which has been updated to reflect results for 2005 to its website
Slides for the investor presentation are attached hereto as an exhibit to this report and are incorporated herein in their entirety by this reference. These slides may also be accessed at the Company’s website ( www.fmctechnologies.com ). This information is being furnished under Item 7.01 of Form 8-K and is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. The posting and furnishing of this information is not intended to, and does not, constitute a determination by FMC Technologies, Inc. that the information is material or that investors should consider this information before deciding to buy or sell FMC Technologies, Inc. securities.
SECTION 9 – Financial Statements and Exhibits
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits:

99.1	  	Slides for the FMC Technologies, Inc. February 2006 investor presentation	

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

FMC TECHNOLOGIES, INC.	
 	 	
By:	 	/s/ William H. Schumann, III	
 	 	William H. Schumann, III
Senior Vice President and Chief Financial Officer	
Date: February 24, 2006

February 2006Director of Investor RelationsMaryann  T. Seaman(312) 861-6414 Chicago(281) 591-4080 Houstonmaryann.seaman@fmcti.comPresenter:Joseph H. NetherlandChairman, President and CEOBoston & New YorkExhibit 99.1

2These slides and the accompanying presentation contain “forward-looking”statementswhich represent management’s best judgment as of the date hereof, based on currentlyavailable information. Actual results may differ materially fromthose contained in suchforward-looking statements.The Company’s periodic reports filed under the Securities Exchange Act of 1934 includeinformation concerning factors that may cause results to differ from those anticipated bythese forward-looking statements. The Company undertakes no obligation to update orrevise these forward-looking statements to reflect new events or uncertainties.Although the Company reports its results using GAAP, the Companyuses non-GAAPmeasures when management believes those measures provide useful information for itsstockholders.The Appendices to this presentation provide reconciliations to GAAP for any non-GAAPmeasures referenced in today’s presentation.

3•Citrus Extractors•Freezing Systems•Food ProcessingSystems•Loaders•Deicers•BoardingBridges•RampSnake•Subsea Trees•Surface  Wellheads•Manifolds•Control Systems•Floating ProductionSystems•Separation Systems•Fluid Control•Loading Systems•Measurement SolutionsFMC Technologies at a Glance2005 Revenue: $3.2 BillionFoodTech17 %AirportSystems10 %EnergySystems73 %

4StrongFinancialResultsEnergy Systems Driving Growth02040608010012014016018020020012002200320042005Segment Operating Profit(Adj. Op. Profit)(Adj. Op. Profit)AirportFoodTechEnergy Systems12$M1See Appendix I for reconciliation of 2001 adjusted segment operating profit (non-GAAP measure) to U.S. GAAP.2See Appendix III  for reconciliation of 2004 adjusted segment operating profit (non-GAAP measure) to U.S. GAAP.

5StrongFinancialResultsIncome Continuing Upward TrendAdjusted Income per Diluted Share(Adjusted Income)(Adjusted Income)1See Appendix II for reconciliation of 2001 adjusted income per diluted share (non-GAAP measure) to U.S. GAAP.2See Appendix IV for reconciliation of 2004 and 2005 adjusted income per diluted share (non-GAAP measure) to U.S. GAAP.$0.77$0.87$1.03$1.25$1.54$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.40$1.60$1.802001200220032004200512(Adjusted Income)2

6Subsea Production SystemsOur Largest And Fastest Growing BusinessSubsea02004006008001,0001,2001,4001,60020012002200320042005`$M2005 RevenuesSubsea Revenue

7Order BacklogBacklog continues to grow on the strength of subsea05001,0001,5002,0002,5003,0003,5004,0002001200220032004200505001,0001,5002,00020012002200320042005OrdersBacklogEnergy SystemsFoodTech and Airport$M$M961115112581587193422552268242231053582

840%47%40%22%38%0%5%10%15%20%25%30%35%40%45%50%20012002200320042005Subsea Tree OrdersTree Market Share 2001 through 2005Source: Quest Offshore Resources, Inc. December 2005 Update

9Leading Industry PositionsSubseaSurfaceFloatingProduction2005 Revenues$1.9BIndustryPositionFluid ControlWECO®/Chiksan®1LoadingSystemsChiksan®Marine Arms1MeasurementSolutionsSmith Meter2Energy ProcessingSystemsIndustryPositionSubseaKongsberg1SurfaceProducts2FloatingProductionSystemsSOFEC2Energy ProductionSystems2005 Revenues$0.5BMeasurementSolutionsLoadingSystemsFluidControlMaterialHandling

10Other Energy Systems Businesses on the RiseAllOtherSurfaceProductionLoadingFluidControlMeasurement2005 RevenueOther Energy Businesses Operating Profit$912MMaterialHandlingExcludes Sonatrach ProjectRevenue of $48M20012002200320042005Without Sonatrach

11Leading Deepwater/Subsea Position•Broadest subsea systems capabilities–20 years systems experience•Leader in deepwater technology–High reliability, quality and proven technology•Well positioned with the major subsea E&P companies–Alliance agreements create working partnerships and standardization•Well positioned in major producing basins–Local manufacturing near customer’s project management teams•Growing market

12Strong Deepwater Track RecordWorldRecord

13OTC Technology Award Winning ProjectsFTI supplied the equipment on 8 out of 91997 Amoco –Liuhua Project1998 Shell –Mensa Project1999 BP –Foinhaven Project2000 Kerr-McGee –Neptune Spar Project2001 Petrobras –Roncador2002 ExxonMobil –Hoover / Diana Project2003 Total –Girassol Project2004 Shell and BP –Na Kika Project2005 Kerr-McGee –Redhawk

14Tordis Subsea Separation Project Award•Statoil awarded contract to FTI for the delivery of a subseaseparation and boosting system for their TORDIS field in the NorthSea worth approximately $100M•First adoption of a full-scale subsea separation facility•Subsea separation technology is expected to increase Statoil’s oilrecovery by approximately 19 million extra barrels on their TORDISfield–Removes water from well stream subsea and re-injects water by a separatesubsea well–Eliminating this water allows more hydrocarbons to be recovered from the TORDISfield and processed on the Gullfaks platform

15Floating Production Storage & OffloadingVesselsTurret MooringSystemsTension LegPlatformsLight WellInterventionGuidelinelessDeepwater TreesSubsea ManifoldSmart WellControl SystemsSubsea TemplateSystemsStandard SubseaTreesMetering & ControlSystemsSurface WellSystemsROV Tie-In SystemsSubsea ProcessingSubsea DrillingSystemsOffshore Capabilities

16Global Subsea Tree Awards27322936243046498010020030040050060020022003200420052006 FAwardedUpside ForecastSource: Quest Offshore Resources, Inc. November 2005 Forecast# Of Trees38%40%47%FTI Market ShareBase Forecast40%

17Market Forecast –Tree Installations010020030040050060020042005200620072008200920102011Source: Quest Offshore Resources November 2005North AmericaBrazilNorth SeaAsia PacificAfrica/Mediterranean# of Trees

18Global Subsea Tree Installations*FTI Manufacturing Capacity050100150200250300200420052006AirportEnergyProcessingEnergyProductionSystemsFoodTechFTI Plans Capacity Increase to Meet TreeDemand$90 -$100 millionCapital Spending Projections for 200601002003004005006002004200520062007*Source:  Quest Offshore Resources Inc. November 2005UnitsUnits

19$0.06$0.19$0.23$0.30$0.06$0.25$0.23$0.33$0.12$0.32$0.28$0.32$0.20$0.35$0.32$0.39$0.42$0.43$0.69$0.00$0.50$1.00$1.50$2.00$2.50200120022003200420052006 FcstIncome Compound Annual Growth Has BeenApproximately 19% Per Year(unaudited)$0.77$0.87Q1Q2Q3Q4$1.031See Appendix II for reconciliation of 2001 quarterly income per diluted share (non-GAAP measure) to U.S. GAAP.2See Appendix IV for reconciliation of2004 and 2005 quarterly adjusted income per diluted share (non-GAAP measure) to U.S. GAAP.3Amounts represent income per diluted share before the cumulative effect of an accounting change.EPS is computed independently for each of the periods presented;accordingly, the sum of the quarterly EPS amounts may not agreeto the total year.$1.54(Adj. Income)(Per share)(Adj. Income)(Per share)1, 3$1.25(Adj. Income)(Per share)2$2.20 -$2.4032

20Strong Cash Flow Has Reduced Net DebtAt January 1, 2001, debt, net of cash is presented on a pro forma basis as defined in the Separation and DistributionAgreement with FMC Corporation.$301$245$203$193$39$103$37$66$691/1/01     (pro-forma)12/31/0112/31/0212/31/0312/31/0412/31/05Synthetic LeasesDebt Net of Cash$M

21Return On Investment0%2%4%6%8%10%12%14%2001200220032004Return on Investment (ROI) is calculated as income before the cumulative effect of changes in accounting principles plus after-tax interest expense as a percentage of total average debt and equity.  The calculations of 2001 and 2004 ROI useadjusted income which is a non-GAAP measure.  See Appendices I and III.FMC TechnologiesOil Service Index MedianS&P 500 Median

22In Summary•Strong and Growing Subsea Franchise•Growing Energy Processing Business•Platform for Added Products and Services–Separation Technology–Subsea Processing–Light Well Intervention–Multiphase Metering•Strong Cash Flow•High Return on CapitalA “New”Oilfield Services Company with

23Appendices

24Large Project Awards Anticipated in theMarket Over  the Next 18 MonthsOperatorDevelopmentSubseaTreesOperatorDevelopmentSubseaTreesWest Africa/MedBHBPShenzi25-30Eni (Agip)Bouri Phase 215-20HuskyWhiterose Phase II10-15Exxon MobilBOSI Full Field15-20ShellHammerhead10-15ChevronNsiko20-25ShellG White / Grand Slam10-15ChevronTombua Landana10-15BPSouthwest Ridge15-20ShellBonga - S.West30-35ShellGumusut30+North SeaBPBlock 18 & 3160-100StatoilTyrihans10-15TotalUsan40-45StatoilGjøa10-15BPSkarv10-15BrazilPaladinAimee/Yme15-20ChevronFrade15-20PetrobasMexihao10-15Asia PacificShellBC-1010-15ChevronGorgon/Jansz Phase I10-15Gulf of Mexico/N. America

25Appendix IReconciliation of Non-GAAP measures (as required by Regulation G)(In millions)$     50.5Adjusted income before the cumulative effect of a change in accountingprinciple (non-GAAP measure)(4.7)Less: Pro forma interest expense, net of income taxes8.9Add back: Income tax charges related to the separation from FMCCorporation10.4Add back: Restructuring and asset impairment charges, net of incometaxes$     35.9Income before the cumulative effect of a change in accounting principle(GAAP measure)FY 2001$  129.6Adjusted segment operating profit  (non-GAAP measure)16.4Add back: Restructuring and asset impairment charges$    113.2Segment operating profit (GAAP basis)FY 2001

26Q1 2001*Q2 2001*Q3 2001Q4 2001FY 2001Income per diluted share before cumulative effect of a change inaccounting principle (GAAP basis)(0.06)$       0.15$     0.15$      0.30$      0.54$      Less: Pro forma incremental interest expense(0.04)         (0.03)      --(0.07)       Add back:Restructuring and asset impairment charges0.10          -0.06        -0.16        Income taxes related to separation from FMC0.05          0.06       0.02        -0.14        Other0.01          0.01       ---Adjusted income per diluted share (non-GAAP Measure)0.06$        0.19$     0.23$      0.30$      0.77$      Appendix IIReconciliation of Non-GAAP measures (as required by Regulation G)*Results relating to periods prior to June 1, 2001 were carved out from the consolidated financialstatements of FMC Corporation.

27Appendix IIIReconciliation of Non-GAAP measures (as required by Regulation G)(In millions)FY 2004$     116.7Net Income (GAAP measure)(36.1)Less:  Gain on conversion of investment in MODEC International LLC6.1Add back: Goodwill impairment$  105.0Adjusted segment operating profit -Energy Systems(non-GAAP measure)$    86.7Adjusted Income (non GAAP measure)6.5Add back: Goodwill impairment$    98.5Segment operating profit -Energy Systems (GAAP basis)FY 2004

28Appendix IVReconciliation of Non-GAAP measures (as required by Regulation G)$  1.54$  0.69$  0.43$  0.42$  0.00Adjusted income per diluted share (non-GAAP measure)0.360.36---Plus: Tax expense –American Jobs Creation Act(0.32)(0.10)(0.22)--Less: Gain on disposal of investments$  1.50$  0.44$  0.65$  0.42$   0.00Income per diluted share (GAAP basis)FY 2005Q4 2005Q3 2005Q2 2005Q1 20052005$  1.25$  0.39$  0.32$  0.35$  0.20Adjusted income per diluted share (non-GAAP measure)0.090.09---Plus: Goodwill impairment(0.52)(0.52)---Less: Gain on conversion of investment in MODEC International LLC$  1.68$  0.81$  0.32$  0.35$   0.20Income per diluted share (GAAP basis)FY 2004Q4 2004Q3 2004Q2 2004Q1 20042004

29Appendix VReconciliation of Non-GAAP measures (as required by Regulation G)(In millions)(22.8)Less: Gain on disposal of investments, net of income taxes$ 106.1Net Income, net of income taxes (GAAP measure)25.5Plus: Tax expense –American Jobs Creation Act$ 108.8Adjusted Income (non-GAAP measure)FY 2005