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Business Segments (Tables)
 3 Months Ended
Mar. 31, 2019
Segment Reporting, Measurement Disclosures [Abstract]  
Segment revenue and segment operating profit
Segment revenue and segment operating profit were as follows:
 
Three Months Ended
 
March 31,
(In millions)
2019
 
2018
Segment revenue
 
 
 
Subsea
$
1,185.3

 
$
1,180.2

Onshore/Offshore
1,335.1

 
1,573.4

Surface Technologies
392.6

 
371.6

Total revenue
$
2,913.0

 
$
3,125.2

 
 
 
 
Segment operating profit (loss)
 
 
 
Subsea
$
49.9

 
$
54.4

Onshore/Offshore
155.7

 
202.9

Surface Technologies
10.5

 
30.6

Total segment operating profit
216.1

 
287.9

 
 
 
 
Corporate items
 
 
 
Corporate expense(a)
(93.6
)
 
(59.8
)
Net interest expense
(88.2
)
 
(87.4
)
Total corporate items
(181.8
)
 
(147.2
)
Income before income taxes(b)
$
34.3

 
$
140.7


(a)
Corporate expense primarily includes corporate staff expenses, share-based compensation expenses, other employee benefits, certain foreign exchange gains and losses, and merger transaction and integration expenses.
(b)
Includes amounts attributable to noncontrolling interests.
Segment operating capital employed and segment assets
Segment assets were as follows:
(In millions)
March 31,
2019
 
December 31, 2018
Segment assets
 
 
 
Subsea
$
12,085.7

 
$
11,037.8

Onshore/Offshore
4,202.8

 
4,355.2

Surface Technologies
2,963.3

 
2,825.6

Intercompany eliminations
(26.4
)
 
(26.4
)
Total segment assets
19,225.4

 
18,192.2

Corporate (a)
6,404.5

 
6,592.3

Total assets
$
25,629.9

 
$
24,784.5

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