v2.4.0.8

Derivatives and Hedging (Details 2) | 12 Months Ended |  | 0 Months Ended | 12 Months Ended |  | 12 Months Ended
--- | --- | --- | --- | --- | --- | ---
Dec. 31, 2011 USD ($) | Dec. 31, 2012 Nondesignated Interest rate swaps USD ($) | Dec. 31, 2011 Nondesignated Interest rate swaps USD ($) | Dec. 31, 2012 Nondesignated Interest rate swaps Interest expense, net of amounts capitalized USD ($) | Dec. 31, 2012 Nondesignated Embedded derivatives Other long-term liabilities USD ($) | Sep. 28, 2011 Nondesignated Forward exchange contract USD ($) | Dec. 31, 2011 Nondesignated Forward exchange contract Other, net USD ($) | Dec. 31, 2011 Nondesignated Forward exchange contract Receive NOK | Dec. 31, 2011 Nondesignated Forward exchange contract Pay USD ($) | Dec. 31, 2011 Nondesignated Forward exchange contract Cash flow hedges NOK | Dec. 31, 2013 Shelf Drilling USD ($) | Dec. 31, 2013 Shelf Drilling Nondesignated item
Effect on statement of operations resulting from changes in the fair values of derivatives designated as cash flow hedges |  |  |  |  |  |  |  |  |  |  |  |
Cash payment for termination of other undesignated derivative instruments |  | $ 14,000,000 | $ 15,000,000 |  |  |  |  |  |  |  |  |
Aggregate notional amount |  |  |  |  |  |  |  | 6,100,000,000 | 1,100,000,000 |  |  |
Exchange rate of forward contract (in NOK per dollar) |  |  |  |  |  |  |  |  |  | 5.40 |  |
Payment for settlement of hedging instruments | 78,000,000 |  |  |  |  | 78,000,000 |  |  |  |  |  |
Non-cash proceeds in the form of preference shares received in connection with sale transactions |  |  |  |  |  |  |  |  |  |  | 195,000,000 |
Number of embedded derivatives |  |  |  |  |  |  |  |  |  |  |  | 2
Derivatives at fair value |  |  |  |  | 2,000,000 |  |  |  |  |  |  |
Loss associated with undesignated forward exchange contract |  |  |  | $ (1,000,000) |  |  | $ (78,000,000) |  |  |  |  |

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
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- Definition Represents the liquidation value of preference shares received as consideration for sale of assets. + References No definition available. + Details
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- Definition Represents the amount of cash paid for the termination of other undesignated derivative instruments. + References No definition available. + Details
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- Definition Represents the number of embedded derivatives. + References No definition available. + Details
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- Definition Contractual rate at which a foreign currency can be purchased or sold. + References No definition available. + Details
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- Details
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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or 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 The cash outflow for derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments. + References No definition available. + Details
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