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Goodwill and Other Intangible Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In The Carrying Amount Of Goodwill
The carrying amount of goodwill as of December 31, 2015 is detailed below by reporting unit (in millions):
 
December 31, 2015
 
December 31, 2014
 
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

 
$
(2,997.9
)
 
$
83.5

 
$
3,081.4

 
$

 
$
3,081.4

Loss on impairment

 
(83.5
)
 
(83.5
)
 

 
(2,997.9
)
 
(2,997.9
)
Balance, end of period
$
3,081.4

 
$
(3,081.4
)
 
$

 
$
3,081.4

 
$
(2,997.9
)
 
$
83.5

 
 
 
 
 
 
 
 
 
 
 
 
Jackups
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
192.6

 
$

 
$
192.6

 
$
192.6

 
$

 
$
192.6

Loss on impairment

 
(192.6
)
 
(192.6
)
 

 

 

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, 2015 and 2014 were as follows (in millions):
 
December 31, 2015
 
December 31, 2014
 
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

 
$
(163.3
)
 
$
45.7

 
$
209.0

 
$
(130.6
)
 
$
78.4

Amortization

 
(41.4
)
 
(41.4
)
 

 
(32.7
)
 
(32.7
)
Balance, end of period
$
209.0

 
$
(204.7
)
 
$
4.3

 
$
209.0

 
$
(163.3
)
 
$
45.7

 
 
 
 
 
 
 
 
 
 
 
 
Drilling contract intangible liabilities
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
278.0

 
$
(237.3
)
 
$
40.7

 
$
278.0

 
$
(208.9
)
 
$
69.1

Amortization

 
(28.1
)
 
(28.1
)
 

 
(28.4
)
 
(28.4
)
Balance, end of period
$
278.0

 
$
(265.4
)
 
$
12.6

 
$
278.0

 
$
(237.3
)
 
$
40.7

Schedule of Expected Amortization Income (Expense)
We amortize the drilling contract intangibles to operating revenues over the respective remaining drilling contract terms on a straight-line basis. The estimated net increase to future operating revenues related to the amortization of these intangible assets and liabilities as of December 31, 2015, is as follows (in millions):
2016
 
$
8.3

Total
 
$
8.3