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Goodwill and Other Intangible Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In The Carrying Amount Of Goodwill
The carrying amount of goodwill as of December 31, 2014 is detailed below by reporting unit (in millions):
 
December 31, 2014
 
December 31, 2013
 
Gross Carrying Amount
 
Accumulated Impairment Losses
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Impairment Losses
 
Net Carrying Amount
Floaters
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
3,081.4

 
$

 
$
3,081.4

 
$
3,081.4

 
$

 
$
3,081.4

Loss on impairment

 
(2,997.9
)
 
(2,997.9
)
 

 

 

Balance, end of period
$
3,081.4

 
$
(2,997.9
)
 
$
83.5

 
$
3,081.4

 
$

 
$
3,081.4

 
 
 
 
 
 
 
 
 
 
 
 
Jackups
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
192.6

 
$

 
$
192.6

 
$
192.6

 
$

 
$
192.6

Loss on impairment

 

 

 

 

 

Balance, end of period
$
192.6

 
$

 
$
192.6

 
$
192.6

 
$

 
$
192.6

Schedule of Other Intangible Assets and Liabilities
The gross carrying amounts of our drilling contract intangibles, which we consider to be definite-lived intangibles assets and intangible liabilities, and accumulated amortization as of December 31, 2014 and 2013 were as follows (in millions):
 
December 31, 2014
 
December 31, 2013
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Drilling contract intangible assets
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
209.0

 
$
(130.6
)
 
$
78.4

 
$
209.0

 
$
(88.3
)
 
$
120.7

Amortization

 
(32.7
)
 
(32.7
)
 

 
(42.3
)
 
(42.3
)
Balance, end of period
$
209.0

 
$
(163.3
)
 
$
45.7

 
$
209.0

 
$
(130.6
)
 
$
78.4

 
 
 
 
 
 
 
 
 
 
 
 
Drilling contract intangible liabilities
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
278.0

 
$
(208.9
)
 
$
69.1

 
$
278.0

 
$
(160.0
)
 
$
118.0

Amortization

 
(28.4
)
 
(28.4
)
 

 
(48.9
)
 
(48.9
)
Balance, end of period
$
278.0

 
$
(237.3
)
 
$
40.7

 
$
278.0

 
$
(208.9
)
 
$
69.1

Schedule of Expected Amortization Income (Expense)
The estimated net (reduction) increase to future operating revenues related to the amortization of these intangible assets and liabilities as of December 31, 2014, is as follows (in millions):
2015
 
$
(4.5
)
2016
 
(.8
)
2017
 
.3

Total
 
$
(5.0
)