Based on a brief historical excursion, a list of principles is formulated which substantiates the choice of axioms and methods for studying nature. The axiomatics of fluid flows are based on conservation laws in the frames of engineering mathematics and technical physics. In the theory of fluid flows within the continuous medium model, a key role for the total energy is distinguished. To describe a fluid flow, a system of fundamental equations is chosen, supplemented by the equations of the state for the Gibbs potential and the medium density. The system is supplemented by the physically based initial and boundary conditions and analyzed, taking into account the compatibility condition. The complete solutions constructed describe both the structure and dynamics of non-stationary flows. The classification of structural components, including waves, ligaments, and vortices, is given on the basis of the complete solutions of the linearized system. The results of compatible theoretical and experimental studies are compared for the cases of potential and actual homogeneous and stratified fluid flow past an arbitrarily oriented plate. The importance of studying the transfer and transformation processes of energy components is illustrated by the description of the fine structures of flows formed by a free-falling drop coalescing with a target fluid at rest.