BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
(In millions)	2021		2020		2021		2020
Segment revenue
Subsea	$	1,394.3	$	1,378.5	$	2,780.8	$	2,631.6
Surface Technologies	$	274.5	$	241.7	520.0		571.2
Total revenue	$	1,668.8	$	1,620.2	$	3,300.8	$	3,202.8
Segment operating profit (loss)
Subsea	$	72.4	$	(75.6)	$	109.4	$	(2,826.3)
Surface Technologies	12.9		(13.4)		21.1		(437.4)
Total segment operating profit (loss)	$	85.3	$	(89.0)	$	130.5	$	(3,263.7)
Corporate items
Corporate expense(a)	(30.3)		(16.5)		(59.1)		(46.8)
Net interest expense	(35.2)		(26.6)		(69.7)		(49.6)
Loss on early extinguishment of debt	—		—		(23.5)		—
Income (loss) from investment in Technip Energies	(146.8)		—		323.3		—
Foreign exchange gains (losses)	(10.7)		(16.1)		17.4		(39.2)
Total corporate items	(223.0)		(59.2)		188.4		(135.6)
Income (loss) before income taxes(b)	$	(137.7)	$	(148.2)	$	318.9	$	(3,399.3)

(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.