v2.4.0.8
Discontinued Operations (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Customer relationships
Dec. 31, 2012
Trade name intangible asset
Dec. 31, 2013
Sell of Standard Jackup and swamp barge market sectors
Dec. 31, 2012
Sell of Standard Jackup and swamp barge market sectors
drillingunit
Dec. 31, 2012
GSF Adriatic II and GSF Rig 136
Nov. 30, 2012
Shelf Drilling Holdings, Ltd
Jun. 30, 2013
Shelf Drilling Holdings, Ltd
Sep. 30, 2012
Shelf Drilling Holdings, Ltd
Dec. 31, 2013
Shelf Drilling Holdings, Ltd
Dec. 31, 2012
Shelf Drilling Holdings, Ltd
Dec. 31, 2013
Shelf Drilling Holdings, Ltd
drillingunit
Dec. 31, 2012
Shelf Drilling Holdings, Ltd
Nov. 30, 2012
Shelf Drilling Holdings, Ltd
drillingunit
Dec. 31, 2013
Shelf Drilling Holdings, Ltd
Minimum
Dec. 31, 2013
Shelf Drilling Holdings, Ltd
Maximum
Dec. 31, 2013
Standard jackups GSF Rig 134, GSF Rig 127, D.R. Stewart, GSF Adriatic VIII, Interocean III, Trident IV A and Trident VI and related equipment
Dec. 31, 2012
Standard jackups GSF Adriatic II, GSF Rig 103, GSF Rig 136, Roger W. Mowell, Transocean Nordic, Transocean Shelf Explorer and Trident 17 and related equipment
Dec. 31, 2011
High-Specification Jackup Trident 20
Dec. 31, 2012
Challenger Minerals
Dec. 31, 2011
Challenger Minerals
May 31, 2012
Challenger Minerals (North Sea)
Dec. 31, 2011
Challenger Minerals (North Sea)
Dec. 31, 2012
Challenger Minerals Inc. and Challenger Minerals (Ghana) Limited
Dec. 31, 2011
Challenger Minerals Inc. and Challenger Minerals (Ghana) Limited
Dec. 31, 2011
Standard Jackups George H. Galloway and GSF Britannia, GSF Labrador and swamp barge Searex IV
Dec. 31, 2011
Standard Jackups George H. Galloway and GSF Britannia, GSF Labrador and swamp barge Searex IV
Maximum
Dec. 31, 2011
Standard Jackups George H. Galloway, GSF Adriatic IX, GSF Britannia, GSF Labrador, and Transocean Mercury and swamp barge Searex IV and related equipment and ownership interest in Joides Resolution
Summarized results of discontinued operations                                                                      
Operating revenues           $ 796 $ 1,055 $ 1,171                                                      
Operating and maintenance expense           (800) (990) (871)                                                      
Depreciation and amortization expense             (183) (342)                                                      
Loss on impairment of assets in discontinued operations           (14) (986) (38)     (14)   (29)                           (10) (6)         (28)    
Gain (loss) on disposal of assets in discontinued operations, net           54 82 183                                   169         9 (4)      
Other income, net           5   18                                                      
Income (loss) from discontinued operations before income tax expense           41 (1,022) 121                                                      
Income tax expense           (40) (5) (36)                                                      
Income (loss) from discontinued operations, net of tax           1 (1,027) 85                                                      
Assets                                                                      
Rigs and related equipment, net   104         104                                                        
Materials and supplies, net   71       18 71         8             18 63                              
Other related assets   4       1 4                                                        
Assets held for sale   179       19 179                                                        
Liabilities                                                                      
Deferred revenue   32       8 32                                                        
Other liabilities   3         3                                                        
Other current liabilities   35       8 35                                                        
Summarized results of Discontinued Operations                                                                      
Goodwill allocated to disposal group                       112                                              
Number of Standard Jackups (in drilling units)                       7             7                                
Aggregate carrying amounts of assets associated with disposal group                       112                                              
Impairment loss per diluted share from discontinued operations, net of tax                     $ 0.04   $ 0.08                           $ 0.02 $ 0.02     $ 0.02 $ 0.02 $ 0.09    
Impairment costs for certain shipyard projects and other obligations required pursuant to the sale agreement                               60                                      
Legal and financial advisory costs                               17                                      
Long live assets impairment loss   3 878 12 93             744                                              
Long live assets impairment loss per diluted share from discontinued operations, net of tax                       $ 2.09                                              
Long live assets impairment loss, tax effect                     0 0 0                                         1  
Goodwill impairment loss             112         112                                              
Goodwill impairment loss per diluted share from discontinued operations, net of tax             $ 0.31         $ 0.31                                              
Impairment costs relating to postemployment benefits                                   20                                  
Number of Drilling Units Sold                                         38                            
Proceeds from disposal of assets, net           174 191 14           568     64 30           140 198 259     10           187
Non-cash proceeds from sale of assets                           195                                          
Proceeds from disposal of discontinued operations non-cash estimated fair value             194             194                                          
Proceeds from sale of preference shares           185                 185                                        
Recognized loss on sale of preference shares                                 10                                    
Recognized loss on sale of preference shares per diluted share (in dollars per share)                                 $ 0.03                                    
Period for which Standard Jackups are agreed to be operated under operating agreements                                           9 months 27 months                        
Aggregate gain (loss) on disposal of assets, net           7 36 (12)                 11 8           44 74                   32
Gain (loss) on sale of assets, net of tax                                   (5)                           14      
Aggregate gain on sale of assets per diluted share (in dollars per share)                                 $ 0.03 $ 0.01           $ 0.12 $ 0.20 $ 0.52           $ 0.05     $ 0.10
Expected transition services offering period                                             18 months                        
Term of letters of credit                                             3 years                        
Maximum financial support                                     125                                
Letters of credit issued under committed and uncommitted credit lines                                     104 113                              
Maximum additional financial support, excluding parent guarantees                                     65                                
Aggregate gain (loss) on disposal of assets, tax effect                                 0             0 0 0         0       0
Recognized aggregate net loss on disposal of assets unrelated to dispositions of rigs                                               (1) (9)                   (1)
Impairment loss on indefinite-lived intangible asset                 31 39                                                  
Loss on impairment of assets held for sale net of tax                 20 25                                                  
Loss on impairment of assets per diluted share                 $ 0.06 $ 0.07                                                  
Loss on impairment of assets held for sale 37                                                   11 10              
Proceeds from disposal of discontinued operations, net           204 789 447                                           24 13        
(Gain) loss on disposal of assets in discontinued operations, tax effect                                                             $ 0