v2.4.0.6

Noncontrolling Interests

3 Months Ended

Mar. 31, 2011

Noncontrolling Interests [Abstract]

Noncontrolling Interests

Note 2 - Noncontrolling Interests

 Noncontrolling interests are classified as equity on our consolidated balance sheets, and net income attributable to noncontrolling interests is presented separately on our consolidated statements of income. In our Asia Pacific operating segment, local third parties hold a noncontrolling ownership interest in three of our subsidiaries.

 The following table is a reconciliation of income from continuing operations attributable to Ensco for the quarters ended March 31, 2011 and 2010 (in millions):

	2011			2010
Income from continuing operations	$65.5			$162.0
Income from continuing operations attributable to noncontrolling interests	(.9	)		(1.6	)
Income from continuing operations attributable to Ensco	$64.6			$160.4

 The following table is a reconciliation of income from discontinued operations, net, attributable to Ensco for the quarter ended March 31, 2010 (in millions):

			2010
Income from discontinued operations			$29.6
Income from discontinued operations attributable to noncontrolling interests			(.2	)
Income from discontinued operations attributable to Ensco			$29.4

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- Definition

Description of noncontrolling interest in consolidated subsidiaries which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net income (loss) of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

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