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REVENUE (Tables)
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present total revenue by geography for each reportable segment for the three months ended March 31, 2024 and 2023:
Reportable segments
Three Months Ended
March 31, 2024March 31, 2023
(In millions)SubseaSurface TechnologiesSubseaSurface Technologies
Latin America$676.8 $25.3 $440.4 $27.2 
Europe and Central Asia358.9 36.7 378.5 44.2 
North America317.0 125.1 249.9 146.1 
Africa295.7 12.8 210.5 9.7 
Asia Pacific91.0 23.2 71.9 17.9 
Middle East(4.6)84.1 36.4 84.7 
Total revenue$1,734.8 $307.2 $1,387.6 $329.8 
The following tables present total revenue by contract type for each reportable segment for the three months ended March 31, 2024 and 2023:
Reportable segments
Three Months Ended
March 31, 2024March 31, 2023
(In millions)SubseaSurface TechnologiesSubseaSurface Technologies
Services$1,117.5 $48.3 $815.3 $52.8 
Products597.6 216.3 564.8 230.3 
Lease19.7 42.6 7.5 46.7 
Total revenue$1,734.8 $307.2 $1,387.6 $329.8 
Schedule of Contract Balances
The following table provides information about net contract assets (liabilities) as of March 31, 2024 and December 31, 2023:
(In millions)March 31,
2024		December 31,
2023
Contract assets$1,062.7 $1,010.1 
Contract liabilities(1,331.6)(1,485.8)
Net contract liabilities$(268.9)$(475.7)
Schedule of Remaining Revenue Performance Obligations
The following table details the order backlog for each business segment as of March 31, 2024:
(In millions)20242025Thereafter
Subsea$4,315.0 $3,876.0 $4,264.5 
Surface Technologies422.4 219.2 395.4 
Total order backlog$4,737.4 $4,095.2 $4,659.9