BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2022

Segment revenue and segment operating profit were as follows:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In millions)	2022		2021		2022		2021
Segment revenue
Subsea	$	1,415.0	$	1,312.1	$	4,118.7	$	4,092.9
Surface Technologies	318.0		267.3		887.3		787.3
Total segment revenue	$	1,733.0	$	1,579.4	$	5,006.0	$	4,880.2

Segment operating profit
Subsea	$	105.0	$	23.5	$	256.1	$	132.9
Surface Technologies	19.0		12.1		32.7		33.2
Total segment operating profit	$	124.0	$	35.6	$	288.8	$	166.1

Corporate items
Corporate expense(a)	(25.2)		(29.3)		(76.7)		(88.4)
Net interest expense	(30.9)		(39.3)		(92.5)		(109.0)
Loss on early extinguishment of debt	—		(16.0)		(29.8)		(39.5)
Income (loss) from investment in Technip Energies	—		28.5		(27.7)		351.8
Foreign exchange gains (losses)	(14.5)		(6.2)		13.1		11.2
Total corporate items	(70.6)		(62.3)		(213.6)		126.1
Income (loss) before income taxes(b)	$	53.4	$	(26.7)	$	75.2	$	292.2

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

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