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Business Segments (Tables)
 6 Months Ended
Jun. 30, 2017
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Revenue, Segment Operating Profit And Corporate Items
Segment revenue and segment operating profit were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In millions)
2017
 
2016
 
2017
 
2016
Segment revenue
 
 
 
 
 
 
 
Subsea
$
1,730.3

 
$
1,547.2

 
$
3,107.0

 
$
3,064.4

Onshore/Offshore
1,812.9

 
823.3

 
3,576.9

 
1,711.8

Surface Technologies
300.0

 
—

 
548.4

 
—

Other revenue and intercompany eliminations
1.8

 


 
0.7

 
—

Total revenue
$
3,845.0

 
$
2,370.5

 
$
7,233.0

 
$
4,776.2

Income before income taxes:
 
 
 
 
 
 
 
Segment operating profit (loss):
 
 
 
 
 
 
 
Subsea
$
236.1

 
$
191.5

 
$
290.3

 
$
387.9

Onshore/Offshore
204.5

 
30.5

 
347.3

 
68.9

Surface Technologies
(1.0
)
 
—

 
(19.6
)
 
—

Total segment operating profit
439.6

 
222.0

 
618.0

 
456.8

Corporate items:
 
 
 
 
 
 
 
Corporate expense (1)
(122.3
)
 
(105.1
)
 
(182.0
)
 
(160.1
)
Net interest expense
(72.1
)
 
(7.7
)
 
(154.2
)
 
(21.0
)
Total corporate items
(194.4
)
 
(112.8
)
 
(336.2
)
 
(181.1
)
Income before income taxes (2)
$
245.2

 
$
109.2

 
$
281.8

 
$
275.7

 _______________________  
(1) 
Corporate expense primarily includes corporate staff expenses, stock-based compensation expenses, other employee benefits, certain foreign exchange gains and losses, and merger-related transaction expenses.
(2) 
Includes amounts attributable to noncontrolling interests.
Segment Assets
Segment assets were as follows: 
(In millions)
June 30, 2017
 
December 31, 2016
Segment assets:
 
 
 
Subsea
$
13,364.4

 
$
7,823.1

Onshore/Offshore
5,264.9

 
3,229.3

Surface Technologies
2,363.7

 
—

Intercompany eliminations
(12.1
)
 
—

Total segment assets
20,980.9

 
11,052.4

Corporate (1)
8,543.6

 
7,637.3

Total assets
$
29,524.5

 
$
18,689.7

  _______________________  
(1) 
Corporate includes cash, LIFO adjustments, deferred income tax balances, property, plant and equipment not associated with a specific segment, pension assets and the fair value of derivative financial instruments.