XML 55 R44.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Business Segments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2017
Segment Reporting, Measurement Disclosures [Abstract] |
Segment Revenue, Segment Operating Profit And Corporate Items | Segment revenue and segment operating profit were as follows:
| Three Months Ended March 31,
(In millions) | 2017 |  | 2016
Segment revenue |  |  |
Subsea | $ | 1,376.7 |  |  | $ | 1,517.2 |
Onshore/Offshore | 1,764.0 |  |  | 888.5 |
Surface Technologies | 248.4 |  |  | — |
Other revenue and intercompany eliminations | (1.1 | ) |  | — |
Total revenue | $ | 3,388.0 |  |  | $ | 2,405.7 |
Income before income taxes: |  |  |
Segment operating profit (loss): |  |  |
Subsea | $ | 54.2 |  |  | $ | 196.4 |
Onshore/Offshore | 139.9 |  |  | 58.5 |
Surface Technologies | (18.6 | ) |  | — |
Total segment operating profit | 175.5 |  |  | 254.9 |
Corporate items: |  |  |
Corporate income (expense) (1) | 204.2 |  |  | (46.8 | )
Net interest expense | (81.7 | ) |  | (13.3 | )
Total corporate items | 122.5 |  |  | (60.1 | )
Income before income taxes (2) | $ | 298.0 |  |  | $ | 194.8 |
_______________________
(1) | Corporate expense primarily includes corporate staff expenses, stock-based compensation expenses, other employee benefits, certain foreign exchange gains and losses, and merger-related transaction expenses.
(2) | Includes amounts attributable to noncontrolling interests.
Segment Operating Capital Employed And Segment Assets | Segment assets were as follows:
(In millions) | March 31, 2017 |  | December 31, 2016
Segment assets: |  |  |
Subsea | $ | 13,946.1 |  |  | $ | 7,823.1 |
Onshore/Offshore | 4,967.7 |  |  | 3,311.0 |
Surface Technologies | 1,871.5 |  |  | — |
Intercompany eliminations | (20.7 | ) |  | — |
Total segment assets | 20,764.6 |  |  | 11,134.1 |
Corporate (1) | 8,805.9 |  |  | 7,565.0 |
Total assets | $ | 29,570.5 |  |  | $ | 18,699.1 |
_______________________
(1) | Corporate includes cash, LIFO adjustments, deferred income tax balances, property, plant and equipment not associated with a specific segment, pension assets and the fair value of derivative financial instruments.

X
- Definition Reconciliation Of Revenue And Operating Profit Loss From Segments To Consolidated [Table Text Block] + References No definition available. + Details
Name: | fti_ReconciliationOfRevenueAndOperatingProfitLossFromSegmentsToConsolidatedTableTextBlock
Namespace Prefix: | fti_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingMeasurementDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration