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Acquisition Of Pride International, Inc. (Tables)
9 Months Ended
Sep. 30, 2011
Acquisition Of Pride International, Inc. [Abstract] 
Schedule Of Business Acquisitions, Components Of The Merger Consideration
Share consideration paid:
      
179.7 million outstanding shares of Pride common stock converted to 85.8 million of Ensco ADSs
   using the exchange ratio of 0.4778 and valued at $53.32 per share
  
$4,577.5
  
       
Cash and other consideration paid:
      
179.7 million outstanding shares of Pride common stock at $15.60 per share
  
2,803.0
  
Estimated fair value of 2.5 million vested Pride employee stock options assumed by Ensco
  
35.4
  
Merger consideration
  
$7,415.9
  
Schedule Of Business Acquisition, Provisional Amounts Recorded For Assets Acquired And Liabilities Assumed
 
Amounts
Recognized as of
     Merger Date    
Measurement
Period
Adjustments(1)
 
Estimated
Fair Value
Assets:
      
Cash and cash equivalents
 $   147.0            $   --             $   147.0             
Accounts receivable(2)
  371.3               --             371.3             
Other current assets
  150.9               --             150.9             
Property and equipment
  6,758.8            --             6,758.8             
Other assets
  343.7            --             343.7             
Liabilities:
      
Accounts payable and accrued liabilities and other
  539.8            2.1             541.9             
Debt   2,436.0                     --             2,436.0             
Deferred income tax liabilities
  19.0            --             19.0             
Other liabilities
  319.8            (1.0)            318.8             
Net assets acquired
 4,457.1            (1.1)            4,456.0             
Less merger consideration   7,415.9            --             7,415.9             
Goodwill  $2,958.8            $ 1.1             $2,959.9             
 
    (1)
The measurement period adjustments reflect changes in the estimated fair values of certain liabilities, including contingencies and income taxes.  The measurement period adjustments were recorded to reflect new information obtained about facts and circumstances existing as of the Merger Date and did not result from intervening events subsequent to the Merger Date.  These adjustments did not have a material impact on the Company's previously reported results of operations or financial position subsequent to the Merger Date and, therefore, the Company has not retrospectively adjusted its consolidated financial statements.
 
    (2) Gross contractual amounts receivable totaled $394.7 million as of the Merger Date.
Schedule Of Goodwill Recognized
Deepwater
        
$2,486.1
Midwater
        
473.8
Jackup
        
--
Total
        
$2,959.9
Business Acquisition, Pro Forma Information
                         
(In millions, except per share amounts)   
Three Months Ended 
 
Nine Months Ended   
   
           September 30,           
  
         September 30,           
   
    2011(1)  
  
2010  
  
2011  
  
2010  
 
Revenues
  
$898.0
    
$791.9
    
$2,531.2
    
$2,410.0
  
Net income
  
189.4
    
172.8
    
401.6
    
629.8
  
Earnings per share - basic
  
0.81
    
0.75
    
1.73
    
2.73
  
Earnings per share - diluted
  
0.81
    
0.75
    
1.73
    
2.73
  
 
(1) Our actual results and our pro forma results differ for the quarter ended September 30, 2011 due to the fact the pro forma results assume the acquisition of Pride occurred on January 1, 2010, resulting in differing amortization periods associated with acquired drilling contract intangible assets and liabilities.