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Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
Summary Of Unaudited Quarterly Consolidated Income Statement
The following tables summarize our unaudited quarterly condensed consolidated income statement data for the years ended December 31, 2016 and 2015 (in millions, except per share amounts):

2016
First 
Quarter  
     
 
Second
Quarter  
     
 
Third
Quarter  
     
 
Fourth 
Quarter  
     
 
Year 

Operating revenues
$
814.0

 
$
909.6

 
$
548.2

 
$
504.6

 
$
2,776.4

Operating expenses
 
 
 

 
 

 
 

 
 

Contract drilling (exclusive of depreciation)
363.7

 
350.2

 
298.1

 
289.0

 
1,301.0

Depreciation
113.3

 
112.4

 
109.4

 
110.2

 
445.3

General and administrative
23.4

 
27.4

 
25.3

 
24.7

 
100.8

Operating income
313.6

 
419.6

 
115.4

 
80.7

 
929.3

Other (expense) income, net
(64.6
)
 
209.9

 
(30.9
)
 
(46.2
)
 
68.2

Income from continuing operations before income taxes
249.0

 
629.5

 
84.5

 
34.5

 
997.5

Income tax expense (benefit)
71.4

 
36.7

 
(3.5
)
 
3.9

 
108.5

Income from continuing operations
177.6

 
592.8

 
88.0

 
30.6

 
889.0

(Loss) income from discontinued operations, net
(.9
)
 
(.2
)
 
(.7
)
 
9.9

 
8.1

Net income
176.7

 
592.6

 
87.3

 
40.5

 
897.1

Net income attributable to noncontrolling interests
(1.4
)
 
(2.0
)
 
(2.0
)
 
(1.5
)
 
(6.9
)
Net income attributable to Ensco
$
175.3

 
$
590.6

 
$
85.3

 
$
39.0

 
$
890.2

Earnings per share – basic and diluted
 

 
 

 
 

 
 

 


Continuing operations
$
0.74

 
$
2.04

 
$
0.28

 
$
0.10

 
$
3.10

Discontinued operations

 

 

 
0.03

 
0.03

 
$
0.74

 
$
2.04

 
$
0.28

 
$
0.13

 
$
3.13

2015
First 
Quarter  
     
 
Second
Quarter  
     
 
Third
Quarter  
     
 
Fourth 
Quarter  
     
 
Year 

Operating revenues
$
1,163.9

 
$
1,059.0

 
$
1,012.2

 
$
828.3

 
$
4,063.4

Operating expenses
 

 
 

 
 

 
 
 
 

Contract drilling (exclusive of depreciation)
518.3

 
502.6

 
433.5

 
415.2

 
1,869.6

Loss on impairment

 

 
2.4

 
2,744.0

 
2,746.4

Depreciation
137.1

 
140.5

 
145.2

 
149.7

 
572.5

General and administrative
30.1

 
29.7

 
28.4

 
30.2

 
118.4

Operating income (loss)
478.4

 
386.2

 
402.7

 
(2,510.8
)
 
(1,243.5
)
Other expense, net
(72.6
)
 
(55.4
)
 
(52.4
)
 
(47.3
)
 
(227.7
)
Income (loss) from continuing operations before income taxes
405.8

 
330.8

 
350.3

 
(2,558.1
)
 
(1,471.2
)
Income tax expense (benefit)
77.7

 
58.0

 
33.2

 
(182.8
)
 
(13.9
)
Income (loss) from continuing operations
328.1

 
272.8

 
317.1

 
(2,375.3
)
 
(1,457.3
)
Loss from discontinued operations, net
(.2
)
 
(10.1
)
 
(23.3
)
 
(95.0
)
 
(128.6
)
Net income (loss)
327.9

 
262.7

 
293.8

 
(2,470.3
)
 
(1,585.9
)
Net income attributable to noncontrolling interests
(3.2
)
 
(2.4
)
 
(1.8
)
 
(1.5
)
 
(8.9
)
Net income (loss) attributable to Ensco
$
324.7

 
$
260.3

 
$
292.0

 
$
(2,471.8
)
 
$
(1,594.8
)
Earnings (loss) per share – basic and diluted
 

 
 

 
 

 
 

 


Continuing operations
$
1.38

 
$
1.15

 
$
1.34

 
$
(10.23
)
 
$
(6.33
)
Discontinued operations

 
(0.04
)
 
(0.10
)
 
(0.41
)
 
(0.55
)
 
$
1.38

 
$
1.11

 
$
1.24

 
$
(10.64
)
 
$
(6.88
)