Guarantee Of Registered Securities (Tables)

3 Months Ended

Mar. 31, 2015

Condensed Consolidating Statements Of Income

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF INCOME Three Months Ended March 31, 2015 (in millions) (Unaudited)

	Ensco plc			ENSCO International Incorporated			Pride International, Inc.			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING REVENUES	$	8.7		$	34.8		$	—		$	1,191.6		$	(71.2	)	$	1,163.9
OPERATING EXPENSES
Contract drilling (exclusive of depreciation)	6.8			34.8			—			547.9			(71.2		)	518.3
Depreciation	.1			2.5			—			134.5			—			137.1
General and administrative	13.3			.1			—			16.7			—			30.1
OPERATING (LOSS) INCOME	(11.5		)	(2.6		)	—			492.5			—			478.4
OTHER (EXPENSE) INCOME, NET	(59.9		)	(16.8		)	(15.9		)	20.0			—			(72.6		)
(LOSS) INCOME BEFORE INCOME TAXES	(71.4		)	(19.4		)	(15.9		)	512.5			—			405.8
INCOME TAX PROVISION	—			13.8			—			63.9			—			77.7
DISCONTINUED OPERATIONS, NET	—			—			—			(.2		)	—			(.2		)
EQUITY EARNINGS (LOSS) IN AFFILIATES, NET OF TAX	396.1			45.2			63.9			—			(505.2		)	—
NET INCOME	324.7			12.0			48.0			448.4			(505.2		)	327.9
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—			—			(3.2		)	—			(3.2		)
NET INCOME (LOSS) ATTRIBUTABLE TO ENSCO	$	324.7		$	12.0		$	48.0		$	445.2		$	(505.2	)	$	324.7

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF INCOME Three Months Ended March 31, 2014 (in millions) (Unaudited)

	Ensco plc			ENSCO International Incorporated			Pride International, Inc.			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING REVENUES	$	7.7		$	38.9		$	—		$	1,099.6		$	(79.5	)	$	1,066.7
OPERATING EXPENSES
Contract drilling (exclusive of depreciation)	7.3			38.9			—			553.5			(79.5		)	520.2
Depreciation	.1			1.5			—			129.5			—			131.1
General and administrative	16.3			.1			—			21.7			—			38.1
OPERATING (LOSS) INCOME	(16.0		)	(1.6		)	—			394.9			—			377.3
OTHER (EXPENSE) INCOME, NET	(16.6		)	(4.0		)	(12.2		)	3.7			—			(29.1		)
(LOSS) INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(32.6		)	(5.6		)	(12.2		)	398.6			—			348.2
INCOME TAX PROVISION	—			30.8			—			18.7			—			49.5
DISCONTINUED OPERATIONS, NET	—			—			—			(2.0		)	—			(2.0		)
EQUITY EARNINGS IN AFFILIATES, NET OF TAX	325.1			94.0			(15.3		)	—			(403.8		)	—
NET INCOME (LOSS)	292.5			57.6			(27.5		)	377.9			(403.8		)	296.7
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—			—			(4.2		)	—			(4.2		)
NET INCOME (LOSS) ATTRIBUTABLE TO ENSCO	$	292.5		$	57.6		$	(27.5	)	$	373.7		$	(403.8	)	$	292.5

Condensed Consolidating Statements Of Comprehensive Income

ENSCO PLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

Three Months Ended March 31, 2015

(in millions)

(Unaudited)



	Ensco plc		ENSCO International Incorporated			Pride International, Inc.		Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total

NET INCOME (LOSS)	$	324.7	$	12.0		$	48.0	$	448.4		$	(505.2	)	$	327.9
OTHER COMPREHENSIVE (LOSS) INCOME, NET
Net change in fair value of derivatives	—		(17.4		)	—		—			—			(17.4		)
Reclassification of net losses on derivative instruments from other comprehensive income into net income	—		5.0			—		—			—			5.0
Other	—		—			—		2.6			—			2.6
NET OTHER COMPREHENSIVE (LOSS) INCOME	—		(12.4		)	—		2.6			—			(9.8		)

COMPREHENSIVE INCOME (LOSS)	324.7		(.4		)	48.0		451.0			(505.2		)	318.1
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—		—			—		(3.2		)	—			(3.2		)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ENSCO	$	324.7	$	(.4	)	$	48.0	$	447.8		$	(505.2	)	$	314.9

ENSCO PLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

Three Months Ended March 31, 2014

(in millions)

(Unaudited)



	Ensco plc		ENSCO International Incorporated		Pride International, Inc.			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total

NET INCOME (LOSS)	$	292.5	$	57.6	$	(27.5	)	$	377.9		$	(403.8	)	$	296.7
OTHER COMPREHENSIVE INCOME, NET
Net change in fair value of derivatives	—		4.9		—			—			—			4.9
Reclassification of net losses on derivative instruments from other comprehensive income into net income	—		.5		—			—			—			.5
NET OTHER COMPREHENSIVE INCOME	—		5.4		—			—			—			5.4

COMPREHENSIVE INCOME (LOSS)	292.5		63.0		(27.5		)	377.9			(403.8		)	302.1
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—		—		—			(4.2		)	—			(4.2		)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ENSCO	$	292.5	$	63.0	$	(27.5	)	$	373.7		$	(403.8	)	$	297.9

Condensed Consolidating Balance Sheets

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS March 31, 2015 (in millions) (Unaudited)

	Ensco plc		ENSCO International Incorporated		Pride International, Inc.			Other Non-Guarantor Subsidiaries of Ensco		Consolidating Adjustments			Total
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	286.5	$	—	$	249.4		$	351.9	$	—		$	887.8
Short-term investments	712.0		—		—			33.3		—			745.3
Accounts receivable, net	—		—		—			795.4		—			795.4
Accounts receivable from affiliates	16.8		121.8		—			63.2		(201.8		)	—
Other	3.3		70.2		—			551.8		—			625.3
Total current assets	1,018.6		192.0		249.4			1,795.6		(201.8		)	3,053.8
PROPERTY AND EQUIPMENT, AT COST	2.1		76.6		—			15,224.3		—			15,303.0
Less accumulated depreciation	1.8		36.5		—			2,539.4		—			2,577.7
Property and equipment, net	.3		40.1		—			12,684.9		—			12,725.3
GOODWILL	—		—		—			276.1		—			276.1
DUE FROM AFFILIATES	3,703.1		4,952.7		1,806.6			7,398.3		(17,860.7		)	—
INVESTMENTS IN AFFILIATES	9,484.2		1,280.6		525.3			—		(11,290.1		)	—
OTHER ASSETS, NET	25.8		46.4		—			218.8		—			291.0
	$	14,232.0	$	6,511.8	$	2,581.3		$	22,373.7	$	(29,352.6	)	$	16,346.2
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	52.3	$	54.5	$	23.5		$	791.8	$	—		$	922.1
Accounts payable to affiliates	14.8		60.0		—			127.0		(201.8		)	—
Current maturities of long-term debt	145.5		—		—			66.0		—			211.5
Total current liabilities	212.6		114.5		23.5			984.8		(201.8		)	1,133.6
DUE TO AFFILIATES	1,698.5		4,037.9		1,712.0			10,412.3		(17,860.7		)	—
LONG-TERM DEBT	3,805.8		149.2		1,964.3			—		—			5,919.3
DEFERRED INCOME TAXES	—		178.7		—			3.4		—			182.1
OTHER LIABILITIES	—		7.0		6.3			582.8		—			596.1
ENSCO SHAREHOLDERS' EQUITY	8,515.1		2,024.5		(1,124.8		)	10,379.8		(11,290.1		)	8,504.5
NONCONTROLLING INTERESTS	—		—		—			10.6		—			10.6
Total equity	8,515.1		2,024.5		(1,124.8		)	10,390.4		(11,290.1		)	8,515.1
	$	14,232.0	$	6,511.8	$	2,581.3		$	22,373.7	$	(29,352.6	)	$	16,346.2

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2014 (in millions)

	Ensco plc		ENSCO International Incorporated		Pride International, Inc.			Other Non-Guarantor Subsidiaries of Ensco		Consolidating Adjustments			Total
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	287.4	$	—	$	90.8		$	286.6	$	—		$	664.8
Short-term investments	712.0		—		—			45.3		—			757.3
Accounts receivable, net	—		—		—			883.3		—			883.3
Accounts receivable from affiliates	34.5		210.4		—			134.6		(379.5		)	—
Other	4.1		86.9		—			538.4		—			629.4
Total current assets	1,038.0		297.3		90.8			1,888.2		(379.5		)	2,934.8
PROPERTY AND EQUIPMENT, AT COST	2.1		71.5		—			14,901.9		—			14,975.5
Less accumulated depreciation	1.7		34.1		—			2,404.9		—			2,440.7
Property and equipment, net	.4		37.4		—			12,497.0		—			12,534.8
GOODWILL	—		—		—			276.1		—			276.1
DUE FROM AFFILIATES	2,873.2		4,748.2		1,835.0			6,308.8		(15,765.2		)	—
INVESTMENTS IN AFFILIATES	9,084.8		1,233.5		461.6			—		(10,779.9		)	—
OTHER ASSETS, NET	17.0		47.4		—			249.8		—			314.2
	$	13,013.4	$	6,363.8	$	2,387.4		$	21,219.9	$	(26,924.6	)	$	16,059.9
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	47.8	$	42.8	$	34.3		$	944.9	$	—		$	1,069.8
Accounts payable to affiliates	23.5		158.3		—			197.7		(379.5		)	—
Current maturities of long-term debt	—		—		—			34.8		—			34.8
Total current liabilities	71.3		201.1		34.3			1,177.4		(379.5		)	1,104.6
DUE TO AFFILIATES	994.8		3,817.4		1,547.7			9,405.3		(15,765.2		)	—
LONG-TERM DEBT	3,724.4		149.2		1,973.2			38.8		—			5,885.6
DEFERRED INCOME TAXES	—		176.8		—			2.7		—			179.5
OTHER LIABILITIES	—		6.1		7.0			654.2		—			667.3
ENSCO SHAREHOLDERS' EQUITY	8,222.9		2,013.2		(1,174.8		)	9,933.6		(10,779.9		)	8,215.0
NONCONTROLLING INTERESTS	—		—		—			7.9		—			7.9
Total equity	8,222.9		2,013.2		(1,174.8		)	9,941.5		(10,779.9		)	8,222.9
	$	13,013.4	$	6,363.8	$	2,387.4		$	21,219.9	$	(26,924.6	)	$	16,059.9

Condensed Consolidating Statements Of Cash Flows



ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Three Months Ended March 31, 2015 (in millions) (Unaudited)
	Ensco plc			ENSCO International Incorporated			Pride International, Inc.			Other Non-guarantor Subsidiaries of Ensco			Consolidating Adjustments		Total
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities	$	(35.4	)	$	(10.8	)	$	(36.3	)	$	550.2		$	—	$	467.7
INVESTING ACTIVITIES
Additions to property and equipment	—			(5.1		)	—			(392.0		)	—		(397.1		)
Purchases of short-term investments	—			—			—			12.0			—		12.0
Other	—			—			—			.4			—		.4
Net cash used in investing activities	—			(5.1		)	—			(379.6		)	—		(384.7		)
FINANCING ACTIVITIES
Proceeds from issuance of senior notes	1,078.7			—			—			—			—		1,078.7
Reduction of long-term borrowings	(854.6		)	—			—			(7.1		)	—		(861.7		)
Cash dividends paid	(35.2		)	—			—			—			—		(35.2		)
Premium paid on redemption of debt	(23.4		)	—			—			—			—		(23.4		)
Debt financing costs	(8.9		)	—			—			—			—		(8.9		)
Advances (to) from affiliates	(121.1		)	15.9			194.9			(89.7		)	—		—
Other	(1.0		)	—			—			(.3		)	—		(1.3		)
Net cash provided by (used in) financing activities	34.5			15.9			194.9			(97.1		)	—		148.2
DISCONTINUED OPERATIONS
Operating activities	—			—			—			(8.7		)	—		(8.7		)
Investing activities	—			—			—			.4			—		.4
Net cash used in discontinued operations	—			—			—			(8.3		)	—		(8.3		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			.1			—		.1
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(.9		)	—			158.6			65.3			—		223.0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	287.4			—			90.8			286.6			—		664.8
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	286.5		$	—		$	249.4		$	351.9		$	—	$	887.8



ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Three Months Ended March 31, 2014 (in millions) (Unaudited)
	Ensco plc			ENSCO International Incorporated			Pride International, Inc.			Other Non-guarantor Subsidiaries of Ensco			Consolidating Adjustments		Total
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities of continuing operations	$	(50.1	)	$	(22.2	)	$	(32.1	)	$	537.3		$	—	$	432.9
INVESTING ACTIVITIES
Additions to property and equipment	—			(13.9		)	—			(258.7		)	—		(272.6		)
Other	—			—			—			.8			—		.8
Net cash provided by (used in) investing activities of continuing operations	—			(13.9		)	—			(257.9		)	—		(271.8		)
FINANCING ACTIVITIES
Cash dividends paid	(175.7		)	—			—			—			—		(175.7		)
Reduction of long-term borrowings	—			—			—			(7.1		)	—		(7.1		)
Advances from (to) affiliates	221.3			35.6			29.4			(286.3		)	—		—
Other	(3.9		)	—						(2.3		)	—		(6.2		)
Net cash provided by (used in) financing activities	41.7			35.6			29.4			(295.7		)	—		(189.0		)
DISCONTINUED OPERATIONS
Operating activities	—			—			—			(16.3		)	—		(16.3		)
Investing activities	—			—			—			1.0			—		1.0
Net cash used in discontinued operations	—			—			—			(15.3		)	—		(15.3		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			.1			—		.1
NET DECREASE IN CASH AND CASH EQUIVALENTS	(8.4		)	(.5		)	(2.7		)	(31.5		)	—		(43.1		)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	46.5			.5			4.9			113.7			—		165.6
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	38.1		$	—		$	2.2		$	82.2		$	—	$	122.5