BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting, Measurement Disclosures [Abstract]

Segment revenue and segment operating profit

Segment revenue and segment operating profit (loss) were as follows:

	Three Months Ended
	March 31,
(In millions)	2021		2020
Segment revenue
Subsea	$	1,386.5	$	1,253.1
Surface Technologies	245.5		329.5
Total revenue	$	1,632.0	$	1,582.6
Segment operating profit (loss)
Subsea	$	37.0	$	(2,750.7)
Surface Technologies	8.2		(424.0)
Total segment operating profit (loss)	$	45.2	$	(3,174.7)
Corporate items
Corporate expense(a)	(28.8)		(30.3)
Net interest expense	(34.5)		(23.0)
Loss on early extinguishment of debt	(23.5)		—
Income from investment in Technip Energies	470.1		—
Foreign exchange gains (losses)	28.1		(23.1)
Total corporate items	411.4		(76.4)
Income (loss) before income taxes(b)	$	456.6	$	(3,251.1)

(a)Corporate expense primarily includes corporate staff expenses, share-based compensation expenses, impairment, restructuring and other expense, and other employee benefits.

(b)Includes amounts attributable to non-controlling interests.