XML 12 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segments
 9 Months Ended
Sep. 30, 2013
Business Segments [Abstract]  
Business Segments
Note 10: Business Segments
 
The Company’s operations are organized into three separate business segments – DPS, V&M and Process & Compression Systems (PCS).  Summary financial data by segment follows (in millions):
 
 
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
 
2013
  
2012
  
2013
  
2012
 
Revenues:
 
  
  
  
 
DPS
 
$
1,636.8
  
$
1,279.7
  
$
4,344.2
  
$
3,477.6
 
    V&M  
502.5
   
536.0
   
1,558.3
   
1,585.5
 
PCS
  
356.5
   
402.6
   
998.4
   
1,013.2
 
  
$
2,495.8
  
$
2,218.3
  
$
6,900.9
  
$
6,076.3
 
                 
Income (loss) before income taxes:
                
DPS
 
$
216.2
  
$
198.8
  
$
566.3
  
$
510.2
 
    V&M  
98.1
   
105.6
   
320.2
   
309.3
 
PCS
  
34.2
   
41.7
   
79.4
   
79.2
 
Corporate & other
  
(100.5
)
  
(76.3
)
  
(329.1
)
  
(234.0
)
  
$
248.0
  
$
269.8
  
$
636.8
  
$
664.7
 


Corporate & other includes expenses associated with the Company’s Corporate office, all of the Company’s interest income and interest expense, certain litigation expense managed by the Company’s General Counsel, foreign currency gains and losses from devaluations and from certain derivative and intercompany lending activities managed by the Company’s centralized Treasury function, all of the Company’s restructuring expense, OneSubsea formation and integration costs, other acquisition-related costs and all stock compensation expense.