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PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Sep. 30, 2018

PROPERTY, PLANT AND EQUIPMENT

Summary of property and equipment

Property, plant and equipment as of September 30, 2018 and 2017 consisted of the following (in thousands):

		Estimated Useful Lives		September 30, 2018			September 30, 2017
Contract drilling equipment		4 - 15 years		$	8,442,081		$	8,197,572
Real estate properties		10 - 45 years			68,888			66,005
Other		2 - 23 years			471,310			450,031
Construction in progress					163,968			169,326
					9,146,247			8,882,934
Accumulated depreciation					(4,288,865)			(3,881,883)
Property, plant and equipment, net				$	4,857,382		$	5,001,051

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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