XML 43 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
OPERATING REVENUES $ 1,012.2 $ 1,201.4 $ 3,235.1 $ 3,404.7
OPERATING EXPENSES        
Contract drilling (exclusive of depreciation) 433.5 500.2 1,454.4 1,562.9
Depreciation 145.2 135.2 422.8 398.5
Loss on impairment 2.4 0.0 2.4 703.5
General and administrative 28.4 29.3 88.2 103.6
Total operating expenses 609.5 664.7 1,967.8 2,768.5
OPERATING INCOME 402.7 536.7 1,267.3 636.2
OTHER INCOME (EXPENSE)        
Interest income 1.0 3.1 6.8 10.2
Interest expense, net (55.3) (38.0) (158.9) (109.0)
Other, net 1.9 (3.5) (28.3) 0.5
Other income (expense), net (52.4) (38.4) (180.4) (98.3)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 350.3 498.3 1,086.9 537.9
PROVISION FOR INCOME TAXES        
Current income tax expense 6.9 142.2 113.5 244.6
Deferred income tax expense (benefit) 26.3 (67.6) 55.4 (77.9)
Total provision for income taxes 33.2 74.6 168.9 166.7
INCOME FROM CONTINUING OPERATIONS 317.1 423.7 918.0 371.2
DISCONTINUED OPERATIONS        
LOSS (INCOME) FROM DISCONTINUED OPERATIONS, NET 23.3 (9.2) 33.6 811.2
NET INCOME (LOSS) 293.8 432.9 884.4 (440.0)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (1.8) (3.5) (7.4) (10.8)
NET INCOME (LOSS) ATTRIBUTABLE TO ENSCO $ 292.0 $ 429.4 $ 877.0 $ (450.8)
EARNINGS PER SHARE - BASIC AND DILUTED        
Continuing operations $ 1.34 $ 1.79 $ 3.87 $ 1.53
Discontinued operations (0.10) 0.04 (0.14) (3.50)
Earnings Per Share, Basic and Diluted $ 1.24 $ 1.83 $ 3.73 $ (1.97)
NET INCOME (LOSS) ATTRIBUTABLE TO ENSCO SHARES - BASIC AND DILUTED $ 287.5 $ 424.5 $ 865.2 $ (456.7)
WEIGHTED-AVERAGE SHARES OUTSTANDING        
Basic 232.4 231.8 232.2 231.5
Diluted 232.5 232.0 232.2 231.7
CASH DIVIDENDS PER SHARE $ 0.150 $ 0.750 $ 0.450 $ 2.250