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Equity Method Investments (Tables)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]    
Equity Method Investments (Percentage Owned and Carrying Value) [Table Text Block]
Our equity investments were as follows as of December 31, 2018 and 2017:
 
December 31, 2018
 
Percentage Owned
 
Carrying Value
(in millions)
Technip Odebrecht PLSV CV
50.0
%
 
$
136.1

Dofcon Brasil AS
50.0
%
 
126.2

Serimax Holdings SAS
20.0
%
 
23.2

Magma Global Limited
25.0
%
 
49.8

Other
 
 
59.2

Investments in equity affiliates
 
 
$
394.5

 
December 31, 2017
 
Percentage Owned
 
Carrying Value
(in millions)
Technip Odebrecht PLSV CV
50.0
%
 
$
111.4

Dofcon Brasil AS
50.0
%
 
74.1

Serimax Holdings SAS
20.0
%
 
25.1

FSTP Brasil Ltda
25.0
%
 
21.5

Other
 
 
40.4

Investments in equity affiliates
 
 
$
272.5

Equity Method Investments (Income (Loss) From Equity Affiliates by Segment) [Table Text Block]
Our income from equity affiliates included in each of our reporting segments was as follows:
 
Year Ended December 31,
(In millions)
2018
 
2017
 
2016
Subsea
$
80.9

 
$
55.3

 
$
35.0

Onshore/Offshore
33.4

 
0.3

 
82.7

Income from equity affiliates
$
114.3

 
$
55.6

 
$
117.7

 
Equity Method Investments (Summarized Financial Information)
The following table presents summarized financial information of the equity method investments:
(In millions)
2016 (a)
Year ended December 31
 
Revenues
$
6,782.9

Gross profit
461.0

Net income (loss)
(348.4
)

(a)
As discussed above, in the fourth quarter of 2016, we obtained the voting control interests of legal Onshore/Offshore entities that own and account for the design, engineering and construction of Yamal. As a result of the acquisition and consolidation, we recorded $3.5 billion in cash, $601.7 million in advances to suppliers, $71.1 million in intangibles, $3.8 billion in current liabilities, $191.2 million in noncurrent liabilities, and a $7.7 million gain.
(b)
As of December 31, 2018 and 2017, our equity method investments were no longer significant individually or in the aggregate. As such, summarized financial information for 2018 and 2017 is not presented.