XML 40 R27.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Supplemental Financial Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2017
Supplemental Financial Information [Abstract] |
Accounts Receivable, Net | Accounts receivable, net, consisted of the following (in millions):
| June 30, 2017 |  | December 31, 2016
Trade | $ | 359.9 |  |  | $ | 358.4 |
Other | 28.1 |  |  | 24.5 |
| 388.0 |  |  | 382.9 |
Allowance for doubtful accounts | (21.6 | ) |  | (21.9 | )
| $ | 366.4 |  |  | $ | 361.0 |
Other Current Assets | Other current assets consisted of the following (in millions):
| June 30, 2017 |  | December 31, 2016
Inventory | $ | 219.2 |  |  | $ | 225.2 |
Prepaid taxes | 41.1 |  |  | 30.7 |
Deferred costs | 26.9 |  |  | 32.4 |
Prepaid expenses | 11.0 |  |  | 7.9 |
Other | 17.2 |  |  | 19.8 |
| $ | 315.4 |  |  | $ | 316.0 |
Other Assets, Net | Other assets, net, consisted of the following (in millions):
| June 30, 2017 |  | December 31, 2016
Deferred tax assets | $ | 63.5 |  |  | $ | 69.3 |
Deferred costs | 30.8 |  |  | 35.7 |
Supplemental executive retirement plan assets | 29.4 |  |  | 27.7 |
Prepaid taxes on intercompany transfers of property | — |  |  | 33.0 |
Other | 9.4 |  |  | 10.2 |
| $ | 133.1 |  |  | $ | 175.9 |
Accrued Liabilities And Other | Accrued liabilities and other consisted of the following (in millions):
| June 30, 2017 |  | December 31, 2016
Deferred revenue | $ | 100.1 |  |  | $ | 116.7 |
Accrued interest | 85.2 |  |  | 71.7 |
Personnel costs | 82.1 |  |  | 124.0 |
Taxes | 38.3 |  |  | 40.7 |
Derivative liabilities | 1.9 |  |  | 12.7 |
Other | 7.4 |  |  | 10.8 |
| $ | 315.0 |  |  | $ | 376.6 |
Other Liabilities | Other liabilities consisted of the following (in millions):
| June 30, 2017 |  | December 31, 2016
Unrecognized tax benefits (inclusive of interest and penalties) | $ | 138.5 |  |  | $ | 142.9 |
Deferred revenue | 80.5 |  |  | 120.9 |
Supplemental executive retirement plan liabilities | 30.3 |  |  | 28.9 |
Personnel costs | 13.8 |  |  | 13.5 |
Other | 22.8 |  |  | 16.3 |
| $ | 285.9 |  |  | $ | 322.5 |
Accumulated other comprehensive income | Accumulated other comprehensive income consisted of the following (in millions):
| June 30, 2017 |  | December 31, 2016
Derivative instruments | $ | 20.8 |  |  | $ | 13.6 |
Currency translation adjustment | 7.8 |  |  | 7.6 |
Other | (1.7 | ) |  | (2.2 | )
| $ | 26.9 |  |  | $ | 19.0 |
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block] | Consolidated revenues by customer for the three-month and six-month periods ended June 30, 2017 and 2016 were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Total(1) | 22 | % |  | 13 | % |  | 22 | % |  | 14 | %
BP (2) | 15 | % |  | 10 | % |  | 15 | % |  | 12 | %
Petrobras(1) | 11 | % |  | 9 | % |  | 10 | % |  | 12 | %
ConocoPhillips(3) | 2 | % |  | 23 | % |  | 2 | % |  | 15 | %
Other | 50 | % |  | 45 | % |  | 51 | % |  | 47 | %
| 100 | % |  | 100 | % |  | 100 | % |  | 100 | %
(1) | During the three-month and six-month periods ended June 30, 2017 and 2016, all revenues were attributable to our Floater segment.
(2) | During the three-month periods ended June 30, 2017 and 2016, 79% and 75% of the revenues provided by BP, respectively, were attributable to our Floaters segment and no revenue was attributable to our Jackups segment. During the six-month periods ended June 30, 2017 and 2016, 79% and 76% of the revenues provided by BP, respectively, were attributable to our Floaters segment and no revenue was attributable to our Jackups segment.
(3) | During the three-month and six-month periods ended June 30, 2016, excluding the impact of the lump-sum termination payment of $185.0 million for ENSCO DS-9, revenues from ConocoPhillips represented 3% and 4%, respectively, of our consolidated revenues.
Revenue from External Customers by Geographic Areas [Table Text Block] | Consolidated revenues by region for the three-month and six-month periods ended June 30, 2017 and 2016 were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Angola(1) | $ | 115.9 |  |  | $ | 132.4 |  |  | $ | 237.6 |  |  | $ | 268.6 |
Australia(2) | 55.3 |  |  | 62.3 |  |  | 109.9 |  |  | 124.8 |
Egypt(3) | 53.4 |  |  | 36.5 |  |  | 106.6 |  |  | 36.5 |
Brazil(3) | 48.7 |  |  | 81.7 |  |  | 96.5 |  |  | 202.7 |
United Kingdom(4) | 36.7 |  |  | 69.7 |  |  | 67.9 |  |  | 143.5 |
U.S. Gulf of Mexico(5)(6) | 33.0 |  |  | 304.5 |  |  | 77.3 |  |  | 464.7 |
Other | 114.5 |  |  | 222.5 |  |  | 232.8 |  |  | 482.8 |
| $ | 457.5 |  |  | $ | 909.6 |  |  | $ | 928.6 |  |  | $ | 1,723.6 |
(1) | During the three-month periods ended June 30, 2017 and 2016, 87% and 88% of the revenues earned in Angola, respectively, were attributable to our Floaters segment. During the six-month period ended June 30, 2017 and 2016, 86% and 87% of the revenues earned in Angola, respectively, were attributable to our Floaters segment.
(2) | During the three-month and six-month periods ended June 30, 2017, 78% of the revenues earned in Australia were attributable to our Floaters segment. For the three-month and six-month periods ended June 30, 2016, all revenues were attributable to our Floaters segment.
(3) | During the three-month and six-month periods ended June 30, 2017 and 2016, all revenues were attributable to our Floaters segment.
(4) | During the three-month and six-month periods ended June 30, 2017 and 2016, all revenues were attributable to our Jackups segment.
(5) | During the three-month periods ended June 30, 2017 and 2016, 46% and 3% of the revenues earned, respectively, were attributable to our Jackups segment and 10% and 92% of the revenues earned, respectively, were attributable to our Floaters segment. During the six-month period ended June 30, 2017 and 2016, 37% and 4% of the revenues earned, respectively, were attributable to our Jackups segment and 25% and 89% earned, respectively, were attributable to our Floaters segment.
(6) | Revenue recognized during the three-month and six-month periods ended June 30, 2016 related to the U.S. Gulf of Mexico included termination fees totaling $205.0 million as discussed in "Note 1 - Unaudited Condensed Consolidated Financial Statements." ENSCO DS-9 termination revenues were attributed to the U.S. Gulf of Mexico as the related drilling contract was intended for operations in that region.

X
- Definition Supplemental Financial Information [Abstract] + References No definition available. + Details
Name: | esv_SupplementalFinancialInformationAbstract
Namespace Prefix: | esv_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References No definition available. + Details
Name: | us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as noncurrent at the end of the reporting period. + References No definition available. + Details
Name: | us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureNoncurrentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=84228862&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration