BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
(In millions)	2021		2020		2021		2020
Segment revenue
Subsea	$	1,312.1	$	1,501.8	$	4,092.9	$	4,133.4
Surface Technologies	$	267.3	$	225.7	787.3		796.9
Total revenue	$	1,579.4	$	1,727.5	$	4,880.2	$	4,930.3
Segment operating profit (loss)
Subsea	$	23.5	$	20.3	$	132.9	$	(2,806.0)
Surface Technologies	12.1		(7.0)		33.2		(444.4)
Total segment operating profit (loss)	$	35.6	$	13.3	$	166.1	$	(3,250.4)
Corporate items
Corporate expense(a)	(29.3)		(25.3)		(88.4)		(72.1)
Net interest expense	(39.3)		(23.1)		(109.0)		(72.7)
Loss on early extinguishment of debt	(16.0)		—		(39.5)		—
Income (loss) from investment in Technip Energies	28.5		—		351.8		—
Foreign exchange gains (losses)	(6.2)		(14.6)		11.2		(53.8)
Total corporate items	(62.3)		(63.0)		126.1		(198.6)
Income (loss) before income taxes(b)	$	(26.7)	$	(49.7)	$	292.2	$	(3,449.0)

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

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