BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting, Measurement Disclosures [Abstract]

Schedule of Segment Revenue and Segment Operating Profit

Segment revenue and segment operating profit were as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In millions)	2022		2021		2022		2021
Segment revenue
Subsea	$	1,414.6	$	1,394.3	$	2,703.7	$	2,780.8
Surface Technologies	302.6		274.5		569.3		520.0
Total segment revenue	$	1,717.2	$	1,668.8	$	3,273.0	$	3,300.8
Segment operating profit
Subsea	$	97.1	$	72.4	$	151.1	$	109.4
Surface Technologies	10.0		12.9		13.7		21.1
Total segment operating profit	$	107.1	$	85.3	$	164.8	$	130.5
Corporate items
Corporate expense(a)	(22.0)		(30.3)		(51.5)		(59.1)
Net interest expense	(27.7)		(35.2)		(61.6)		(69.7)
Loss on early extinguishment of debt	(29.8)		—		(29.8)		(23.5)
Income (loss) from investment in Technip Energies	0.8		(146.8)		(27.7)		323.3
Foreign exchange gains (losses)	(0.8)		(10.7)		27.6		17.4
Total corporate items	(79.5)		(223.0)		(143.0)		188.4
Income (loss) before income taxes(b)	$	27.6	$	(137.7)	$	21.8	$	318.9

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

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