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Business Segment Information
 9 Months Ended
Sep. 30, 2013
Segment Reporting, Measurement Disclosures [Abstract]  
Business Segment Information
BUSINESS SEGMENT INFORMATION
Beginning in the third quarter of 2013 and in conjunction with management's efforts to accelerate the development and commercialization of subsea boosting technology for subsea markets, the results of direct drive systems technology development is now reported in Subsea Technologies. All prior-year information has been adjusted to reflect the current presentation.
Segment revenue and segment operating profit were as follows: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
2013
 
2012
 
2013
 
2012
Segment revenue
 
 
 
 
 
 
 
Subsea Technologies
$
1,119.9

 
$
929.8

 
$
3,336.9

 
$
2,772.3

Surface Technologies
455.9

 
362.8

 
1,317.8

 
1,154.4

Energy Infrastructure
152.4

 
132.4

 
444.6

 
406.5

Other revenue (1) and intercompany eliminations
(3.7
)
 
(6.0
)
 
(20.9
)
 
(22.7
)
Total revenue
$
1,724.5

 
$
1,419.0

 
$
5,078.4

 
$
4,310.5

Income before income taxes:
 
 
 
 
 
 
 
Segment operating profit:
 
 
 
 
 
 
 
Subsea Technologies
$
121.1

 
$
110.4

 
$
338.7

 
$
286.4

Surface Technologies
74.5

 
57.5

 
189.1

 
219.7

Energy Infrastructure
17.9

 
12.8

 
51.7

 
40.0

Total segment operating profit
213.5

 
180.7

 
579.5

 
546.1

Corporate items:
 
 
 
 
 
 
 
Corporate expense (2)
(10.4
)
 
(11.5
)
 
(33.2
)
 
(30.4
)
Other revenue (1) and other expense, net (3) 
(27.1
)
 
(29.3
)
 
(75.6
)
 
(79.9
)
Net interest expense
(8.2
)
 
(6.0
)
 
(25.1
)
 
(15.9
)
Total corporate items
(45.7
)
 
(46.8
)
 
(133.9
)
 
(126.2
)
Income before income taxes attributable to FMC Technologies, Inc.
$
167.8

 
$
133.9

 
$
445.6

 
$
419.9

 _______________________  
(1) 
Other revenue comprises certain unrealized gains and losses on derivative instruments related to unexecuted sales contracts.
(2) 
Corporate expense primarily includes corporate staff expenses.
(3) 
Other expense, net, generally includes stock-based compensation, other employee benefits, LIFO adjustments, certain foreign exchange gains and losses, and the impact of unusual or strategic transactions not representative of segment operations.
Segment operating capital employed and assets were as follows: 
(In millions)
September 30, 2013
 
December 31, 2012
Segment operating capital employed (1):
 
 
 
Subsea Technologies
$
2,163.6

 
$
2,050.7

Surface Technologies
1,203.7

 
1,185.3

Energy Infrastructure
354.1

 
336.6

Total segment operating capital employed
3,721.4

 
3,572.6

Segment liabilities included in total segment operating capital employed (2)
2,074.3

 
1,824.2

Corporate (3)
629.2

 
506.1

Total assets
$
6,424.9

 
$
5,902.9

Segment assets:
 
 
 
Subsea Technologies
$
3,826.9

 
$
3,452.3

Surface Technologies
1,504.3

 
1,487.9

Energy Infrastructure
489.8

 
474.8

Intercompany eliminations
(25.3
)
 
(18.2
)
Total segment assets
5,795.7

 
5,396.8

Corporate (3)
629.2

 
506.1

Total assets
$
6,424.9

 
$
5,902.9

  _______________________  
(1) 
FMC Technologies’ management views segment operating capital employed, which consists of assets, net of its liabilities, as the primary measure of segment capital. Segment operating capital employed excludes debt, pension liabilities, income taxes, and LIFO and valuation adjustments.
(2) 
Segment liabilities included in total segment operating capital employed consist of trade and other accounts payable, advance payments and progress billings, accrued payroll and other liabilities.
(3) 
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.