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REVENUE (Tables)
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table presents total revenue by geography for each reportable segment for the years ended December 31, 2023, 2022 and 2021:
Reportable Segments
Year Ended December 31,
202320222021
(In millions)SubseaSurface TechnologiesSubseaSurface TechnologiesSubseaSurface Technologies
Latin America$2,182.9 $122.9 $1,460.1 $112.1 $1,157.7 $86.7 
Europe, Central Asia1,927.4 198.5 1,550.1 166.7 1,404.4 191.5 
North America1,064.2 574.1 780.6 552.0 753.6 372.7 
Africa920.8 49.1 865.6 37.6 1,057.3 44.0 
Asia Pacific331.3 95.2 687.5 97.2 927.4 104.2 
Middle East8.2 349.6 117.3 273.6 28.7 275.3 
Total revenue$6,434.8 $1,389.4 $5,461.2 $1,239.2 $5,329.1 $1,074.4 
The following table represents revenue by contract type for each reportable segment for the years ended December 31, 2023, 2022 and 2021:
Reportable Segments
Year Ended December 31,
202320222021
(In millions)SubseaSurface TechnologiesSubseaSurface TechnologiesSubseaSurface Technologies
Services$4,072.7 $210.6 $3,410.4 $217.9 $3,282.0 $158.7 
Products2,264.1 1,003.3 1,993.8 863.2 2,002.5 801.9 
Lease(a)
98.0 175.5 57.0 158.1 44.6 113.8 
Total revenue$6,434.8 $1,389.4 $5,461.2 $1,239.2 $5,329.1 $1,074.4 
(a)Represents revenue not subject to ASC Topic 606.
Schedule of Contract Balances
The following table provides information about net contract assets (liabilities) as of December 31, 2023 and 2022:
December 31,
(In millions)20232022
Contract assets$1,010.1 $981.6 
Contract (liabilities)(1,485.8)(1,156.4)
Net contract (liabilities)$(475.7)$(174.8)
Schedule of Remaining Revenue Performance Obligations
The following table details the order backlog for each business segment as of December 31, 2023:
(In millions)20242025Thereafter
Subsea$4,812.0 $3,411.0 $3,941.1 
Surface Technologies483.8 133.0 450.1 
Total remaining unsatisfied performance obligations$5,295.8 $3,544.0 $4,391.2