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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES    
Net (loss) income $ (3.2) $ 150.2
Less: Loss from discontinued operations, net of tax (2.0) (2.8)
Net (loss) income from continuing operations (1.2) 153.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 208.7 200.0
Employee share-based compensation expense 15.4 14.3
Financing costs amortization 14.4 14.2
Unrealized foreign currency transaction loss (gain) 13.6 (5.1)
Unrealized loss (gain) on investments in equity securities 2.3 (10.8)
Loss on sale of business 0.0 7.8
Other non-cash operating activities 5.2 5.4
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 50.3 (45.0)
Inventories (8.8) 24.4
Unbilled contract revenue (252.4) (195.7)
Prepaid expenses and other current assets (6.5) (16.4)
Accounts payable and other current liabilities (36.7) 109.6
Customer advances and billings in excess of contract revenue (39.6) (13.3)
Termination fee paid by Baker Hughes 258.0 0.0
Long-term assets and liabilities (16.8) (15.2)
Net Cash Provided By Continuing Operating Activities 205.9 227.2
Net Cash Used In Discontinued Operating Activities (2.0) (5.6)
Net Cash Provided By Operating Activities 203.9 221.6
INVESTING ACTIVITIES    
Capital expenditures (67.3) (100.3)
Proceeds from sale of business 0.0 (6.1)
Investments (1.4) (13.1)
Other investing activities (2.1) 0.4
Net Cash Used In Continuing Investing Activities (70.8) (119.1)
Net Cash Used In Discontinued Investing Activities 0.0 (2.5)
Net Cash Used In Investing Activities (70.8) (121.6)
FINANCING ACTIVITIES    
Borrowings on credit facilities 2,276.3 2,286.7
Repayments on credit facilities (2,221.3) (2,246.5)
Repayments on term loan (75.0) 0.0
Payments for debt issuance costs (0.1) (10.1)
Common stock repurchases from share-based compensation plans (4.8) (3.3)
Dividend distribution to noncontrolling interests (6.2) 0.0
Dividends paid on mandatory convertible preferred stock (20.4) (20.4)
Other financing activities (2.4) 0.4
Net Cash (Used In) Provided By Financing Activities (53.9) 6.8
Effect of exchange rate changes on cash and cash equivalents 11.1 4.6
Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents 90.3 111.4
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 310.5 201.1
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD $ 400.8 $ 312.5