Cameron International 8-K Results of Operations and Financial Condition

Exhibit 99.1

CAMERON INTERNATIONAL CORPORATION

SUPPLEMENTAL FINANCIAL INFORMATION - RECAST NEW OPERATING SEGMENT FINANCIAL DATA (Unaudited)

On June 3, 2014, Cameron International Corporation (the Company) announced it had completed the sale of its Reciprocating Compression business to General Electric. On January 5, 2015, the Company also announced it had completed the previously announced sale of its Centrifugal Compression business to Ingersoll Rand.

As a result, the Company reviewed its reporting structure and, effective in the fourth quarter of 2014, reorganized its reporting segments into Subsea, Surface, Drilling and Valves & Measurement (V&M).   
     

The following schedule reflects certain recast selected historical financial data, based on the changes described above, relating to revenues, segment income before interest and income taxes, orders and backlog for the new segments for 2012, each quarter in 2013 and the first, second and third quarters of 2014.  Full year 2014 information for the new reporting segments will be included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, when filed.

CAMERON INTERNATIONAL CORPORATION

RECAST NEW OPERATING SEGMENT FINANCIAL DATA (Unaudited)

EXCLUDING DISCONTINUED OPERATIONS

($ IN MILLIONS)

	Nine Months Ended September 30, 2014												Year Ended December 31, 2013															Year Ended
	Total			Third Quarter			Second Quarter			First Quarter			Total			Fourth Quarter			Third Quarter			Second Quarter			First Quarter			December 31, 2012
Revenues:
Subsea	$	2,195		$	779		$	735		$	681		$	2,813		$	1,030		$	735		$	574		$	474		$	2,061
Surface		1,751			600			613			538			2,077			557			533			499			488			1,859
Drilling		2,233			800			766			667			2,327			680			591			564			492			1,807
Valves and Measurement (V&M)		1,597			558			539			500			2,105			530			507			540			528			2,168
Elimination of intersegment revenues		(199	)		(59	)		(83	)		(57	)		(184	)		(66	)		(49	)		(43	)		(26	)		(100	)
Consolidated revenues	$	7,577		$	2,678		$	2,570		$	2,329		$	9,138		$	2,731		$	2,317		$	2,134		$	1,956		$	7,795
Segment Income before Interest and Income Taxes:
Subsea	$	119		$	44		$	46		$	29		$	152		$	93		$	29		$	29		$	1		$	72
% of revenues		5.4	%		5.6	%		6.3	%		4.3	%		5.4	%		9.0	%		3.9	%		5.1	%		0.2	%		3.5	%
Surface		304			105			108			91			367			100			101			81			85			315
% of revenues		17.4	%		17.5	%		17.6	%		16.9	%		17.7	%		18.0	%		18.9	%		16.2	%		17.4	%		16.9	%
Drilling		323			159			97			67			311			80			87			82			62			329
% of revenues		14.5	%		19.9	%		12.7	%		10.0	%		13.4	%		11.8	%		14.7	%		14.5	%		12.6	%		18.2	%
Valves and Measurement (V&M)		312			104			110			98			414			105			93			107			109			396
% of revenues		19.5	%		18.6	%		20.4	%		19.6	%		19.7	%		19.8	%		18.3	%		19.8	%		20.6	%		18.3	%
Elimination of intersegment earnings		(53	)		(17	)		(24	)		(12	)		(35	)		(11	)		(10	)		(9	)		(5	)		(21	)
Segment income before interest, noncontrolling interest and income taxes	$	1,005		$	395		$	337		$	273		$	1,209		$	367		$	300		$	290		$	252		$	1,091
% of revenues		13.3	%		14.7	%		13.1	%		11.7	%		13.2	%		13.4	%		12.9	%		13.6	%		12.9	%		14.0	%
Corporate Items:
Corporate expense		(110	)		(35	)		(38	)		(37	)		(162	)		(50	)		(36	)		(41	)		(35	)		(126	)
Interest, net		(98	)		(36	)		(30	)		(32	)		(100	)		(26	)		(23	)		(25	)		(26	)		(90	)
Other costs		(62	)		(19	)		6			(49	)		(92	)		(11	)		(14	)		(36	)		(31	)		(33	)
Consolidated income from continuing operations before noncontrolling interest and income taxes	$	735		$	305		$	275		$	155		$	855		$	280		$	227		$	188		$	160		$	842
Orders:
Subsea	$	1,839		$	813		$	596		$	430		$	4,405		$	1,184		$	1,283		$	381		$	1,557		$	2,427
Surface		1,919			665			619			635			2,372			580			496			589			707			2,075
Drilling		2,030			574			639			817			2,803			832			632			674			665			3,578
Valves and Measurement (V&M)		1,582			529			517			536			2,086			526			497			524			539			2,104
Consolidated orders	$	7,370		$	2,581		$	2,371		$	2,418		$	11,666		$	3,122		$	2,908		$	2,168		$	3,468		$	10,184
Backlog (at period end):
Subsea				$	4,703		$	4,763		$	4,805					$	4,958		$	4,731		$	4,036		$	3,757		$	2,730
Surface					1,202			1,146			1,063						963			935			965			875			667
Drilling					3,725			3,922			4,050						4,141			3,995			3,948			3,845			3,671
Valves and Measurement (V&M)					954			1,026			1,057						1,017			1,058			1,063			1,084			1,051
Consolidated backlog				$	10,584		$	10,857		$	10,975					$	11,079		$	10,719		$	10,012		$	9,561		$	8,119