Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Summary Of Rig Sales and Income From Discontinued Operations

The following table summarizes (loss) income from discontinued operations for each of the years in the three-year period ended December 31, 2014 (in millions):



	2014			2013			2012
Revenues	$	325.0		$	596.4		$	668.6
Operating expenses	372.0			577.6			544.3
Operating (loss) income	(47.0		)	18.8			124.3
Other income	—			.3			1.3
Income tax expense	(30.7		)	(20.2		)	(8.5		)
Loss on impairment, net	(1,158.8		)	—			—
Gain (loss) on disposal of discontinued operations, net	37.3			(1.1		)	(16.5		)
(Loss) income from discontinued operations	$	(1,199.2	)	$	(2.2	)	$	100.6

We sold the following rigs during the three-year period ended December 31, 2014 (in millions):



Rig⁽³⁾	Date of Rig Sale	Segment⁽¹⁾	Net Proceeds		Net Book Value⁽²⁾		Pre-tax Gain/(Loss)
ENSCO 5000	December 2014	Floaters	$	1.3	$	.5	$	.8
ENSCO 93	September 2014	Jackups	51.7		52.9		(1.2		)
ENSCO 85	April 2014	Jackups	64.4		54.1		10.3
ENSCO 69 & Pride Wisconsin	January 2014	Jackups	32.2		8.6		23.6
Pride Pennsylvania	March 2013	Jackups	15.5		15.7		(.2		)
ENSCO 5003	December 2012	Floaters	68.2		89.4		(21.2		)
Pride Hawaii	October 2012	Jackups	18.8		16.8		2.0
ENSCO I	September 2012	Other	4.5		12.3		(7.8		)
ENSCO 61	June 2012	Jackups	31.7		19.6		12.1
ENSCO 59	May 2012	Jackups	22.8		21.9		.9
			$	311.1	$	291.8	$	19.3

⁽¹⁾ The rigs' operating results were reclassified to discontinued operations in our consolidated statements of operations for each of the years in the three-year period ended December 31, 2014 and were previously included within the operating segment noted in the above table.

⁽²⁾ Includes the rig's net book value as well as inventory and other assets on the date of the sale.

⁽³⁾ In September 2014, we sold jackup rigs ENSCO 83, ENSCO 89, ENSCO 93 and ENSCO 98, all of which are contracted to Pemex. As described below, the loss on sale and operating results of ENSCO 93 were included in (loss) income from discontinued operations, net in our consolidated statement of operations for the three-year period ended December 31, 2014.

- 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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