v2.4.0.8

Financial Instruments (Details) (USD $) | 12 Months Ended |  | 1 Months Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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Dec. 31, 2013 | Dec. 31, 2012 | Jun. 30, 2013 Shelf Drilling Holdings, Ltd | Dec. 31, 2013 Carrying amount | Dec. 31, 2012 Carrying amount | Dec. 31, 2013 Carrying amount Other current assets | Dec. 31, 2012 Carrying amount Other current assets | Dec. 31, 2013 Carrying amount Other assets | Dec. 31, 2012 Carrying amount Other assets | Dec. 31, 2013 Carrying amount TPDI and ADDCL Credit Facilities and other obligations | Dec. 31, 2012 Carrying amount TPDI and ADDCL Credit Facilities and other obligations | Dec. 31, 2013 Carrying amount Eksportfinans Loans | Dec. 31, 2012 Carrying amount Eksportfinans Loans | Dec. 31, 2013 Carrying amount Consolidated Variable Interest Entities | Dec. 31, 2012 Carrying amount Consolidated Variable Interest Entities | Dec. 31, 2013 Fair value | Dec. 31, 2012 Fair value | Dec. 31, 2013 Fair value Level 2 | Dec. 31, 2012 Fair value Level 2 | Dec. 31, 2013 Fair value Level 2 Eksportfinans Loans | Dec. 31, 2012 Fair value Level 2 Eksportfinans Loans
Financial instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  |  | $ 3,243,000,000 | $ 5,134,000,000 |  |  |  |  |  |  |  |  |  |  | $ 3,243,000,000 | $ 5,134,000,000 |  |  |  |
Notes and other loans receivable |  |  |  | 101,000,000 | 142,000,000 | 6,000,000 | 35,000,000 | 95,000,000 | 107,000,000 |  |  |  |  |  |  | 101,000,000 | 142,000,000 |  |  |  |
Preference shares |  |  |  |  | 196,000,000 |  |  |  |  |  |  |  |  |  |  |  | 196,000,000 |  |  |  |
Restricted cash investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 649,000,000 | 903,000,000 |  |  |  |
Restricted cash investments | 624,000,000 | 861,000,000 |  | 624,000,000 | 861,000,000 |  |  |  |  | 30,000,000 | 60,000,000 | 594,000,000 | 801,000,000 |  |  |  |  |  |  | 619,000,000 | 843,000,000
Long-term debt, including current maturities |  |  |  | 10,539,000,000 | 12,268,000,000 |  |  |  |  |  |  |  |  |  |  | 11,621,000,000 | 13,899,000,000 |  |  |  |
Long-term debt of consolidated variable interest entities, including current maturities |  |  |  | 163,000,000 | 191,000,000 |  |  |  |  |  |  |  |  | 163,000,000 | 191,000,000 | 163,000,000 | 191,000,000 |  |  |  |
Derivative instruments, assets |  |  |  |  | 8,000,000 |  |  |  |  |  |  |  |  |  |  |  | 8,000,000 |  |  |  |
Derivative instruments, liabilities |  |  |  |  | 15,000,000 |  |  |  |  |  |  |  |  |  |  |  | 15,000,000 |  |  |  |
Carrying amount of cash equivalents | 2,300,000,000 | 4,200,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash proceeds received from the sale of preference shares | 185,000,000 |  | 185,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed rate debt |  |  |  | 10,500,000,000 | 11,700,000,000 |  |  |  |  |  |  |  |  |  |  |  |  | 11,600,000,000 | 13,300,000,000 |  |
Variable-rate debt |  |  |  |  | $ 579,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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- Definition Represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption, parenthetical disclosure or within the fair value disclosures required in the footnote disclosures to the financial statements. This item represents the aggregate carrying amount of long-term borrowings of consolidated variable interest entities, including current and noncurrent portions, as of the balance sheet date. + References No definition available. + Details
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- Definition The carrying amount of cash and investments which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or entity statements of intention with regards to particular deposits; however, time deposits and short-term certificates of deposits are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. + References No definition available. + Details
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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 + Details
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- Definition Amount of short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13495-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=20225523&loc=SL20225862-175312 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=28370219&loc=SL20226008-175313 + Details
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- Definition Sum as of the balance sheet date of the (a) fair values of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and (b) the carrying amounts of the liabilities arising from financial instruments or contracts used to mitigate a specified risk (hedge), and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements. + 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 210.5-02.20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. + References No definition available. + Details
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- Definition The portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a set, unchanging rate. + References No definition available. + Details
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- Definition The portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a rate subject to change from time to time. + References No definition available. + Details
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- Definition Fair value portion of an agreement for an unconditional promise by the maker to pay the holder a definite sum of money at a future date. + 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(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3 -Subparagraph b -Article 5 + Details
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- Definition Includes other investments and securities that are not at fair value as of the balance sheet date and those that are not accounted for under the equity method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph a -Subparagraph 1(g) -Article 7 + Details
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- Definition Investments which are not defined as or included in marketable (debt, equity, or other) securities whose use is restricted in whole or in part, generally by contractual agreements or regulatory requirements. For use in an unclassified balance sheet. + References No definition available. + Details
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