Assets Held for Sale (Tables)

6 Months Ended

Jun. 30, 2015

Carrying Values of Major Classes of Assets and Liabilities Designated as Held for Sale

The following table presents the major classes of assets and liabilities designated as held for sale on our Unaudited Condensed Consolidated Balance Sheet at June 30, 2015:

	Offshore Gulf of Mexico Business
Assets held for sale:
Current assets	$	26.9
Property, plant and equipment, net		1,135.9
Investments in unconsolidated affiliates		482.4
Intangible assets, net		37.1
Goodwill		82.0
Other assets		1.2
Subtotal		1,765.5
Impairment charge related to goodwill		(54.8	)
Total presented in Current Assets	$	1,710.7

Liabilities related to assets held for sale:
Current liabilities	$	24.1
Other long-term liabilities		92.3
Total presented in Current Liabilities	$	116.4

Noncontrolling interests in assets held for sale	$	62.2

Net assets of Offshore Business before impairment charge	$	1,586.9

Fair value of Offshore Business based on estimated transaction price	$	1,532.1

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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