Guarantee Of Registered Securities (Tables)

6 Months Ended

Jun. 30, 2017

Condensed Consolidating Statements Of Operations

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Three Months Ended June 30, 2017 (In millions) (Unaudited)

	Ensco plc			ENSCO International Incorporated			Pride International LLC			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING REVENUES	$	12.8		$	43.9		$	—		$	486.5		$	(85.7	)	$	457.5
OPERATING EXPENSES
Contract drilling (exclusive of depreciation)	11.1			41.4			—			324.5			(85.7		)	291.3
Depreciation	—			4.3			—			103.6			—			107.9
General and administrative	12.1			4.2			—			14.2			—			30.5
OPERATING (LOSS) INCOME	(10.4		)	(6.0		)	—			44.2			—			27.8
OTHER (EXPENSE) INCOME, NET	(7.1		)	(26.9		)	(16.9		)	(4.9		)	2.6			(53.2		)
(LOSS) INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(17.5		)	(32.9		)	(16.9		)	39.3			2.6			(25.4		)
INCOME TAX PROVISION	—			4.3			—			15.0			—			19.3
DISCONTINUED OPERATIONS, NET	—			—			—			.4			—			.4
EQUITY EARNINGS (LOSSES) IN AFFILIATES, NET OF TAX	(28.0		)	28.7			19.9			—			(20.6		)	—
NET (LOSS) INCOME	(45.5		)	(8.5		)	3.0			24.7			(18.0		)	(44.3		)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—			—			(1.2		)	—			(1.2		)
NET (LOSS) INCOME ATTRIBUTABLE TO ENSCO	$	(45.5	)	$	(8.5	)	$	3.0		$	23.5		$	(18.0	)	$	(45.5	)

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Three Months Ended June 30, 2016 (In millions) (Unaudited)

	Ensco plc			ENSCO International Incorporated			Pride International LLC			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING REVENUES	$	7.6		$	36.5		$	—		$	937.4		$	(71.9	)	$	909.6
OPERATING EXPENSES
Contract drilling (exclusive of depreciation)	6.7			36.4			—			379.0			(71.9		)	350.2
Depreciation	—			4.4			—			108.0			—			112.4
General and administrative	10.5			—			—			16.9			—			27.4
OPERATING (LOSS) INCOME	(9.6		)	(4.3		)	—			433.5			—			419.6
OTHER INCOME (EXPENSE), NET	175.8			(8.3		)	(18.8		)	1.3			59.9			209.9
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	166.2			(12.6		)	(18.8		)	434.8			59.9			629.5
INCOME TAX PROVISION	—			(15.6		)	—			52.3			—			36.7
DISCONTINUED OPERATIONS, NET	—			—			—			(.2		)	—			(.2		)
EQUITY EARNINGS IN AFFILIATES, NET OF TAX	424.4			20.0			10.2			—			(454.6		)	—
NET INCOME (LOSS)	590.6			23.0			(8.6		)	382.3			(394.7		)	592.6
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—			—			(2.0		)	—			(2.0		)
NET INCOME (LOSS) ATTRIBUTABLE TO ENSCO	$	590.6		$	23.0		$	(8.6	)	$	380.3		$	(394.7	)	$	590.6

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Six Months Ended June 30, 2017 (In millions) (Unaudited)

	Ensco plc			ENSCO International Incorporated			Pride International LLC			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING REVENUES	$	25.5		$	89.9		$	—		$	987.2		$	(174.0	)	$	928.6
OPERATING EXPENSES
Contract drilling (exclusive of depreciation)	22.4			83.4			—			637.6			(174.0		)	569.4
Depreciation	—			8.5			—			208.6			—			217.1
General and administrative	23.6			4.3			—			28.6			—			56.5
OPERATING (LOSS) INCOME	(20.5		)	(6.3		)	—			112.4			—			85.6
OTHER EXPENSE, NET	(13.6		)	(58.2		)	(35.6		)	(12.6		)	9.1			(110.9		)
(LOSS) INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(34.1		)	(64.5		)	(35.6		)	99.8			9.1			(25.3		)
INCOME TAX PROVISION	—			18.9			—			24.5			—			43.4
DISCONTINUED OPERATIONS, NET	—			—			—			(.2		)	—			(.2		)
EQUITY EARNINGS (LOSSES) IN AFFILIATES, NET OF TAX	(37.1		)	83.6			46.2			—			(92.7		)	—
NET (LOSS) INCOME	(71.2		)	.2			10.6			75.1			(83.6		)	(68.9		)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—			—			(2.3		)	—			(2.3		)
NET (LOSS) INCOME ATTRIBUTABLE TO ENSCO	$	(71.2	)	$	.2		$	10.6		$	72.8		$	(83.6	)	$	(71.2	)

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Six Months Ended June 30, 2016 (In millions) (Unaudited)

	Ensco plc			ENSCO International Incorporated			Pride International LLC			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING REVENUES	$	14.8		$	72.1		$	—		$	1,780.7		$	(144.0	)	$	1,723.6
OPERATING EXPENSES
Contract drilling (exclusive of depreciation)	13.9			72.1			—			771.9			(144.0		)	713.9
Depreciation	—			8.7			—			217.0			—			225.7
General and administrative	16.7			.1			—			34.0			—			50.8
OPERATING (LOSS) INCOME	(15.8		)	(8.8		)	—			757.8			—			733.2
OTHER INCOME (EXPENSE), NET	139.0			(6.7		)	(37.9		)	(9.0		)	59.9			145.3
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	123.2			(15.5		)	(37.9		)	748.8			59.9			878.5
INCOME TAX PROVISION	—			15.4			—			92.7			—			108.1
DISCONTINUED OPERATIONS, NET	—			—			—			(1.1		)	—			(1.1		)
EQUITY EARNINGS IN AFFILIATES, NET OF TAX	642.7			53.5			63.8			—			(760.0		)	—
NET INCOME	765.9			22.6			25.9			655.0			(700.1		)	769.3
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—			—			(3.4		)	—			(3.4		)
NET INCOME ATTRIBUTABLE TO ENSCO	$	765.9		$	22.6		$	25.9		$	651.6		$	(700.1	)	$	765.9

Condensed Consolidating Statements Of Comprehensive Income

ENSCO PLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

Three Months Ended June 30, 2017

(In millions)

(Unaudited)



	Ensco plc			ENSCO International Incorporated			Pride International LLC		Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total

NET (LOSS) INCOME	$	(45.5	)	$	(8.5	)	$	3.0	$	24.7		$	(18.0	)	$	(44.3	)
OTHER COMPREHENSIVE INCOME, NET
Net change in derivative fair value	—			2.9			—		—			—			2.9
Reclassification of net losses on derivative instruments from other comprehensive income into net (loss) income	—			.3			—		—			—			.3
Other	—			—			—		.2			—			.2
NET OTHER COMPREHENSIVE INCOME	—			3.2			—		.2			—			3.4
COMPREHENSIVE (LOSS) INCOME	(45.5		)	(5.3		)	3.0		24.9			(18.0		)	(40.9		)
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—			—		(1.2		)	—			(1.2		)
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO ENSCO	$	(45.5	)	$	(5.3	)	$	3.0	$	23.7		$	(18.0	)	$	(42.1	)

ENSCO PLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

Three Months Ended June 30, 2016

(In millions)

(Unaudited)



	Ensco plc		ENSCO International Incorporated			Pride International LLC			Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total

NET INCOME (LOSS)	$	590.6	$	23.0		$	(8.6	)	$	382.3		$	(394.7	)	$	592.6
OTHER COMPREHENSIVE (LOSS) INCOME, NET
Net change in derivative fair value	—		(4.1		)	—			—			—			(4.1		)
Reclassification of net losses on derivative instruments from other comprehensive income into net income (loss)	—		2.0			—			—			—			2.0
Other	—		—			—			.1			—			.1
NET OTHER COMPREHENSIVE (LOSS) INCOME	—		(2.1		)	—			.1			—			(2.0		)
COMPREHENSIVE INCOME (LOSS)	590.6		20.9			(8.6		)	382.4			(394.7		)	590.6
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—		—			—			(2.0		)	—			(2.0		)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ENSCO	$	590.6	$	20.9		$	(8.6	)	$	380.4		$	(394.7	)	$	588.6

ENSCO PLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

Six Months Ended June 30, 2017

(In millions)

(Unaudited)



	Ensco plc			ENSCO International Incorporated		Pride International LLC		Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total

NET (LOSS) INCOME	$	(71.2	)	$	.2	$	10.6	$	75.1		$	(83.6	)	$	(68.9	)
OTHER COMPREHENSIVE INCOME, NET
Net change in derivative fair value	—			6.0		—		—			—			6.0
Reclassification of net losses on derivative instruments from other comprehensive income into net (loss) income	—			1.2		—		—			—			1.2
Other	—			—		—		.7			—			.7
NET OTHER COMPREHENSIVE INCOME	—			7.2		—		.7			—			7.9
COMPREHENSIVE (LOSS) INCOME	(71.2		)	7.4		10.6		75.8			(83.6		)	(61.0		)
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—			—		—		(2.3		)	—			(2.3		)
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO ENSCO	$	(71.2	)	$	7.4	$	10.6	$	73.5		$	(83.6	)	$	(63.3	)

ENSCO PLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

Six Months Ended June 30, 2016

(In millions)

(Unaudited)



	Ensco plc		ENSCO International Incorporated			Pride International LLC		Other Non-Guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total

NET INCOME	$	765.9	$	22.6		$	25.9	$	655.0		$	(700.1	)	$	769.3
OTHER COMPREHENSIVE INCOME, NET
Net change in derivative fair value	—		(.6		)	—		—			—			(.6		)
Reclassification of net losses on derivative instruments from other comprehensive income into net income	—		7.9			—		—			—			7.9
Other	—		—			—		—			—			—
NET OTHER COMPREHENSIVE INCOME	—		7.3			—		—			—			7.3
COMPREHENSIVE INCOME	765.9		29.9			25.9		655.0			(700.1		)	776.6
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	—		—			—		(3.4		)	—			(3.4		)
COMPREHENSIVE INCOME ATTRIBUTABLE TO ENSCO	$	765.9	$	29.9		$	25.9	$	651.6		$	(700.1	)	$	773.2

Condensed Consolidating Balance Sheets

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS June 30, 2017 (In millions) (Unaudited)

	Ensco plc		ENSCO International Incorporated		Pride International LLC			Other Non-Guarantor Subsidiaries of Ensco		Consolidating Adjustments			Total
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	73.3	$	—	$	3.8		$	92.5	$	—		$	169.6
Short-term investments	1,663.0		5.5		—			11.9		—			1,680.4
Accounts receivable, net	11.8		—		—			354.6		—			366.4
Accounts receivable from affiliates	282.4		279.4		—			217.7		(779.5		)	—
Other	.3		9.6		—			305.5		—			315.4
Total current assets	2,030.8		294.5		3.8			982.2		(779.5		)	2,531.8
PROPERTY AND EQUIPMENT, AT COST	1.8		122.3		—			13,222.7		—			13,346.8
Less accumulated depreciation	1.8		72.3		—			2,213.7		—			2,287.8
Property and equipment, net	—		50.0		—			11,009.0		—			11,059.0
DUE FROM AFFILIATES	1,978.5		4,245.9		2,042.1			7,065.4		(15,331.9		)	—
INVESTMENTS IN AFFILIATES	8,535.8		3,545.9		1,107.5			—		(13,189.2		)	—
OTHER ASSETS, NET	—		51.4		—			162.4		(80.7		)	133.1
	$	12,545.1	$	8,187.7	$	3,153.4		$	19,219.0	$	(29,381.3	)	$	13,723.9
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	53.2	$	28.8	$	21.7		$	399.3	$	—		$	503.0
Accounts payable to affiliates	73.0		287.5		12.5			406.5		(779.5		)	$	—
Total current liabilities	126.2		316.3		34.2			805.8		(779.5		)	503.0
DUE TO AFFILIATES	1,389.1		5,093.3		2,601.7			6,247.8		(15,331.9		)	—
LONG-TERM DEBT	2,839.5		149.2		1,116.1			639.9		—			4,744.7
OTHER LIABILITIES	—		8.8		—			357.8		(80.7		)	285.9
ENSCO SHAREHOLDERS' EQUITY	8,190.3		2,620.1		(598.6		)	11,162.0		(13,189.2		)	8,184.6
NONCONTROLLING INTERESTS	—		—		—			5.7		—			5.7
Total equity	8,190.3		2,620.1		(598.6		)	11,167.7		(13,189.2		)	8,190.3
	$	12,545.1	$	8,187.7	$	3,153.4		$	19,219.0	$	(29,381.3	)	$	13,723.9

ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2016 (In millions)

	Ensco plc		ENSCO International Incorporated		Pride International LLC			Other Non-Guarantor Subsidiaries of Ensco		Consolidating Adjustments			Total
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	892.6	$	—	$	19.8		$	247.3	$	—		$	1,159.7
Short-term investments	1,165.1		5.5		—			272.0		—			$	1,442.6
Accounts receivable, net	6.8		—		—			354.2		—			361.0
Accounts receivable from affiliates	486.5		251.2		—			152.2		(889.9		)	—
Other	.1		6.8		—			309.1		—			316.0
Total current assets	2,551.1		263.5		19.8			1,334.8		(889.9		)	3,279.3
PROPERTY AND EQUIPMENT, AT COST	1.8		121.0		—			12,869.7		—			12,992.5
Less accumulated depreciation	1.8		63.8		—			2,007.6		—			2,073.2
Property and equipment, net	—		57.2		—			10,862.1		—			10,919.3
DUE FROM AFFILIATES	1,512.2		4,513.8		1,978.8			7,234.4		(15,239.2		)	—
INVESTMENTS IN AFFILIATES	8,557.7		3,462.3		1,061.3			—		(13,081.3		)	—
OTHER ASSETS, NET	—		81.5		—			181.1		(86.7		)	175.9
	$	12,621.0	$	8,378.3	$	3,059.9		$	19,612.4	$	(29,297.1	)	$	14,374.5
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	44.1	$	45.2	$	28.3		$	404.9	$	—		$	522.5
Accounts payable to affiliates	38.8		208.4		5.9			636.8		(889.9		)	—
Current maturities of long-term debt	187.1		—		144.8			—		—			331.9
Total current liabilities	270.0		253.6		179.0			1,041.7		(889.9		)	854.4
DUE TO AFFILIATES	1,375.8		5,367.6		2,040.7			6,455.1		(15,239.2		)	—
LONG-TERM DEBT	2,720.2		149.2		1,449.5			623.7		—			4,942.6
OTHER LIABILITIES	—		2.9		—			406.3		(86.7		)	322.5
ENSCO SHAREHOLDERS' EQUITY	8,255.0		2,605.0		(609.3		)	11,081.2		(13,081.3		)	8,250.6
NONCONTROLLING INTERESTS	—		—		—			4.4		—			4.4
Total equity	8,255.0		2,605.0		(609.3		)	11,085.6		(13,081.3		)	8,255.0
	$	12,621.0	$	8,378.3	$	3,059.9		$	19,612.4	$	(29,297.1	)	$	14,374.5

Condensed Consolidating Statements Of Cash Flows



ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Six Months Ended June 30, 2017 (In millions) (Unaudited)
	Ensco plc			ENSCO International Incorporated			Pride International LLC			Other Non-guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities of continuing operations	$	(17.8	)	$	(50.5	)	$	(53.9	)	$	252.7		$	—		$	130.5
INVESTING ACTIVITIES
Purchases of short-term investments	(563.0		)	—			—			(571.8		)	—			(1,134.8		)
Maturities of short-term investments	65.1			—			—			831.9			—			897.0
Additions to property and equipment	—			—			—			(332.6		)	—			(332.6		)
Purchase of affiliate debt	(316.3		)	—			—			—			316.3			—
Other	—			—			—			1.7			—			1.7
Net cash (used in) provided by investing activities of continuing operations	(814.2		)	—			—			(70.8		)	316.3			(568.7		)
FINANCING ACTIVITIES
Reduction of long-term borrowings	(220.7		)	—			—			—			(316.3		)	(537.0		)
Cash dividends paid	(6.2		)	—			—			—			—			(6.2		)
Debt financing costs	(5.5		)	—			—			—			—			(5.5		)
Advances from (to) affiliates	247.7			50.5			37.9			(336.1		)	—			—
Other	(2.6		)	—			—			(1.0		)	—			(3.6		)
Net cash provided by (used in) financing activities	12.7			50.5			37.9			(337.1		)	(316.3		)	(552.3		)
Net cash used in discontinued operations	—			—			—			(.2		)	—			(.2		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			.6			—			.6
NET DECREASE IN CASH AND CASH EQUIVALENTS	(819.3		)	—			(16.0		)	(154.8		)	—			(990.1		)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	892.6			—			19.8			247.3			—			1,159.7
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	73.3		$	—		$	3.8		$	92.5		$	—		$	169.6



ENSCO PLC AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Six Months Ended June 30, 2016 (In millions) (Unaudited)
	Ensco plc			ENSCO International Incorporated			Pride International LLC			Other Non-guarantor Subsidiaries of Ensco			Consolidating Adjustments			Total
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities of continuing operations	$	(83.4	)	$	130.8		$	(60.4	)	$	813.2		$	—		$	800.2
INVESTING ACTIVITIES
Maturities of short-term investments	1,032.0			—			—			—			—			1,032.0
Purchases of short-term investments	(862.0		)	—			—			—			—			(862.0		)
Additions to property and equipment	—			—			—			(209.4		)	—			(209.4		)
Purchase of affiliate debt	(142.0		)	—			—			—			142.0			—
Other	—			—			—			7.6			—			7.6
Net cash provided by (used in) investing activities of continuing operations	28.0			—			—			(201.8		)	142.0			(31.8		)
FINANCING ACTIVITIES
Proceeds from issuance of senior notes	585.5			—			—			—			—			585.5
Reduction of long-term borrowings	(542.8		)	—			—			—			(142.0		)	(684.8		)
Cash dividends paid	(5.5		)	—			—			—			—			(5.5		)
Advances from (to) affiliates	638.9			(130.8		)	84.5			(592.6		)	—			—
Other	(1.9		)	—			—			—			—			(1.9		)
Net cash provided by (used in) financing activities	674.2			(130.8		)	84.5			(592.6		)	(142.0		)	(106.7		)
Net cash provided by discontinued operations	—			—			—			7.7			—			7.7
Effect of exchange rate changes on cash and cash equivalents	—			—			—			(.4		)	—			(.4		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	618.8			—			24.1			26.1			—			669.0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	94.0			—			2.0			25.3			—			121.3
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	712.8		$	—		$	26.1		$	51.4		$	—		$	790.3