v2.4.0.8

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2013

Commitments and Contingencies

Schedule of capital leased assets

At December 31, 2013 and 2012, the aggregate carrying amount of this asset held under capital lease was as follows (in millions):

		December 31,
		2013			2012
Property and equipment, cost		$	752		$	745
Accumulated depreciation		(84		)	(64		)
Property and equipment, net		$	668		$	681

Schedule of aggregate future minimum rental payments related to noncancellable operating leases and the capital leases

As of December 31, 2013, the aggregate future minimum rental payments related to our non-cancellable operating leases and the capital lease were as follows (in millions):

		Capital lease			Operating leases
Years ending December 31,
2014		$	66		$	25
2015		71			25
2016		72			20
2017		72			11
2018		72			10
Thereafter		765			87
Total future minimum rental payment		1,118			$	178
Less amount representing imputed interest		(481		)
Present value of future minimum rental payments under capital leases		637
Less current portion included in debt due within one year		(20		)
Long-term capital lease obligation		$	617

Schedule of aggregate future payments required under purchase obligations

At December 31, 2013, the aggregate future payments required under our purchase obligations, primarily related to our newbuilds, were as follows (in millions):

		Purchase obligations
Years ending December 31,
2014		$	1,691
2015		861
2016		1,649
2017		353
Total		$	4,554

Schedule of settlement obligations under the Plea Agreement and the Consent Decree, excluding interest

At December 31, 2013, the aggregate future payments required under our outstanding settlement obligations under the Plea Agreement and the Consent Decree, excluding interest, were as follows (in millions):

		Plea Agreement			Consent Decree			Settlement obligations
Years ending December 31,
2014		$	60		$	400		$	460
2015		60			200			260
2016		60			—			60
2017		60			—			60
Total settlement obligations		$	240		$	600		$	840

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- Definition

Tabular disclosure of future minimum rental payments related to noncancellable operating leases and capital leases.

+ References

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- Definition

Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-K (SK)

-Number 229

-Section 303

-Paragraph a

-Subparagraph 5

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- Definition

Tabular disclosure of long-lived, depreciable assets that are subject to a lease meeting the criteria for capitalization and are used in the normal conduct of business to produce goods and services. Examples may include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 30

-Section 50

-Paragraph 1

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Tabular disclosure of unconditional purchase obligations that are not recognized as a liability on the balance sheet, including the nature and significant terms of an unconditional purchase obligation; the amount of the fixed and determinable portion of the obligation as of the date of the latest balance sheet presented in the aggregate and, if determinable, for each of the five succeeding fiscal years; the nature of any variable components of the obligation; the amount purchased under the obligation (for example, the take-or-pay or throughput contract) for the reporting period; and may include the amount of imputed interest necessary to reduce the obligation to present value.

+ References

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308



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-Name Accounting Standards Codification

-Topic 440

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