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Related Party Transactions
9 Months Ended
Sep. 30, 2018
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
Receivables, payables, revenues and expenses which are included in our consolidated financial statements for all transactions with related parties, defined as entities related to our directors and main shareholders as well as the partners of our consolidated joint ventures, were as follows:
(In millions)
September 30, 2018
 
December 31, 2017
Trade receivables
$
55.8

 
$
98.4

Trade payables
(18.5
)
 
(121.8
)
Net trade receivables/(payables)
$
37.3

 
$
(23.4
)
 
 
 
 
Note receivables
$
127.8

 
$
140.9


Trade receivables consisted of receivables due from following related parties:
(In millions)
September 30, 2018
 
December 31, 2017
TP JGC Coral France SNC
$
25.4

 
$
42.5

Technip Odebrecht PLSV CV
10.7

 
13.8

Anadarko Petroleum Company
8.0

 
22.3

Others
11.7

 
19.8

Total trade receivables
$
55.8

 
$
98.4


TP JGC Coral France SNC and Technip Odebrecht PLSV CV are equity method affiliates. A member of our Board of Directors serves on the Board of Directors of Anadarko Petroleum Company.
Trade payables consisted of payables due to following related parties:
(In millions)
September 30, 2018
 
December 31, 2017
Dofcon Navegacao
$
11.4

 
$
12.3

Chiyoda

 
48.3

JGC Corporation

 
52.4

Others
7.1

 
8.8

Total trade payables
$
18.5

 
$
121.8


Dofcon Navegacao is an equity affiliate. JGC Corporation and Chiyoda are joint venture partners on our Yamal project.
The note receivables balance includes $118.4 million and $114.9 million with Dofcon Brasil AS at September 30, 2018 and December 31, 2017, respectively. Dofcon Brasil AS is a VIE and accounted for as an equity method affiliate. These are included in other noncurrent assets on our consolidated balance sheets.
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Revenue
$
72.8

 
$
34.2

 
$
225.6

 
$
102.6

Expenses
$
7.2

 
$
34.2

 
$
13.3

 
$
97.2


Revenue consisted of amount from following related parties:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Anadarko Petroleum Company
$
33.6

 
$
12.0

 
$
109.1

 
$
49.3

TP JGC Coral France SNC
26.4

 

 
87.8

 

Others
12.8

 
22.2

 
28.7

 
53.3

Total revenue
$
72.8

 
$
34.2

 
$
225.6

 
$
102.6

Expenses consisted of amount to following related parties:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Chiyoda
$

 
$
14.5

 
$

 
$
28.1

JGC Corporation

 
9.9

 

 
30.3

Others
7.2

 
9.8

 
13.3

 
38.8

Total expenses
$
7.2

 
$
34.2

 
$
13.3

 
$
97.2