FMC TECHNOLOGIES INC - FORM 8-K - EX-99.1 - FMC TECHNOLOGIES, INC. AND CONSOLIDATED SUBSIDIARIES BUSINESS SEGMENT DATA - October 16, 2013

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FMC TECHNOLOGIES, INC. AND CONSOLIDATED SUBSIDIARIES
BUSINESS SEGMENT DATA
(Unaudited and in millions)

 
Three Months Ended
 
March 31, 2013
 
June 30, 2013
Revenue
 
 
 
Subsea Technologies
$
1,093.3

 
$
1,123.7

Surface Technologies
421.7

 
440.2

Energy Infrastructure
134.3

 
157.9

Other revenue (1) and intercompany eliminations
(3.3
)
 
(13.9
)
 
$
1,646.0

 
$
1,707.9

 
 
 
 
Income before income taxes
 
 
 
 
 
 
 
Segment operating profit
 
 
 
Subsea Technologies
$
97.4

 
$
120.2

Surface Technologies
57.3

 
57.3

Energy Infrastructure
12.1

 
21.7

Intercompany eliminations
(0.2
)
 
0.2

Total segment operating profit
166.6

 
199.4

 
 
 
 
Corporate items
 
 
 
Corporate expense
(10.3
)
 
(12.5
)
Other revenue and other expense, net  (1)
(17.0
)
 
(31.5
)
Net interest expense
(8.1
)
 
(8.8
)
Total corporate items
(35.4
)
 
(52.8
)
 
 
 
 
Income before income taxes attributable to FMC Technologies, Inc.
$
131.2

 
$
146.6

 
 
 
 
(1) Other revenue comprises certain unrealized gains and losses on derivative instruments related to unexecuted sales contracts. 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.



FMC TECHNOLOGIES, INC. AND CONSOLIDATED SUBSIDIARIES
BUSINESS SEGMENT DATA
(Unaudited and in millions)

 
Three Months Ended
 
Twelve Months Ended
 
March 31, 2012
 
June 30, 2012
 
September 30, 2012
 
December 31, 2012
 
December 31, 2012
Revenue
 
 
 
 
 
 
 
 
 
Subsea Technologies
$
896.0

 
$
946.5

 
$
929.8

 
$
1,234.5

 
$
4,006.8

Surface Technologies
377.8

 
413.8

 
362.8

 
443.7

 
1,598.1

Energy Infrastructure
135.9

 
138.2

 
132.4

 
167.6

 
574.1

Other revenue (1) and intercompany eliminations
(13.1
)
 
(3.6
)
 
(6.0
)
 
(4.9
)
 
(27.6
)
 
$
1,396.6

 
$
1,494.9

 
$
1,419.0

 
$
1,840.9

 
$
6,151.4

 
 
 
 
 
 
 
 
 
 
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment operating profit
 
 
 
 
 
 
 
 
 
Subsea Technologies
$
70.0

 
$
106.0

 
$
110.4

 
$
145.8

 
$
432.2

Surface Technologies
78.0

 
84.2

 
57.5

 
64.6

 
284.3

Energy Infrastructure
14.4

 
12.8

 
12.8

 
28.2

 
68.2

Total segment operating profit
162.4

 
203.0

 
180.7

 
238.6

 
784.7

 
 
 
 
 
 
 
 
 
 
Corporate items
 
 
 
 
 
 
 
 
 
Corporate expense
(8.5
)
 
(10.4
)
 
(11.5
)
 
(11.4
)
 
(41.8
)
Other revenue and other expense, net  (1)
(20.9
)
 
(29.7
)
 
(29.3
)
 
(40.0
)
 
(119.9
)
Net interest expense
(3.5
)
 
(6.4
)
 
(6.0
)
 
(10.7
)
 
(26.6
)
Total corporate items
(32.9
)
 
(46.5
)
 
(46.8
)
 
(62.1
)
 
(188.3
)
 
 
 
 
 
 
 
 
 
 
Income before income taxes attributable to FMC Technologies, Inc.
$
129.5

 
$
156.5

 
$
133.9

 
$
176.5

 
$
596.4

 
 
 
 
 
 
 
 
 
 
(1) Other revenue comprises certain unrealized gains and losses on derivative instruments related to unexecuted sales contracts. 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.


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