v2.4.0.8
Debt (Details)
0 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
USD ($)
Dec. 31, 2012
USD ($)
Feb. 15, 2013
5% Notes due February 2013
USD ($)
Dec. 31, 2013
5% Notes due February 2013
Dec. 31, 2012
5% Notes due February 2013
USD ($)
Mar. 15, 2013
5.25% Senior Notes due March 2013
USD ($)
Dec. 31, 2013
5.25% Senior Notes due March 2013
Dec. 31, 2012
5.25% Senior Notes due March 2013
USD ($)
Jun. 30, 2013
TPDI Credit Facilities due March 2015
USD ($)
Dec. 31, 2013
TPDI Credit Facilities due March 2015
USD ($)
Dec. 31, 2012
TPDI Credit Facilities due March 2015
USD ($)
Dec. 31, 2013
4.95% Senior Notes due November 2015
USD ($)
Dec. 31, 2012
4.95% Senior Notes due November 2015
USD ($)
Sep. 30, 2010
4.95% Senior Notes due November 2015
USD ($)
Feb. 21, 2011
Aker Revolving Credit Facility
USD ($)
Dec. 31, 2012
Aker Term Loan Facility
USD ($)
Feb. 21, 2011
Aker Term Loan Facility
USD ($)
Mar. 06, 2013
Callable Bonds due February 2016
USD ($)
Mar. 06, 2013
Callable Bonds due February 2016
NOK
Dec. 31, 2013
Callable Bonds due February 2016
USD ($)
Dec. 31, 2012
Callable Bonds due February 2016
USD ($)
Mar. 06, 2013
FRN Callable Bonds
USD ($)
Mar. 06, 2013
FRN Callable Bonds
NOK
Dec. 31, 2013
11% Callable Bonds
Mar. 06, 2013
11% Callable Bonds
USD ($)
Mar. 06, 2013
11% Callable Bonds
NOK
Dec. 31, 2013
5.05% Senior Notes due December 2016
USD ($)
Dec. 31, 2012
5.05% Senior Notes due December 2016
USD ($)
Dec. 31, 2011
5.05% Senior Notes due December 2016
USD ($)
Dec. 31, 2013
2.5% Senior Notes due October 2017
USD ($)
Dec. 31, 2012
2.5% Senior Notes due October 2017
USD ($)
Sep. 30, 2012
2.5% Senior Notes due October 2017
USD ($)
Dec. 31, 2013
ADDCL Credit Facilities due December 2017
USD ($)
Dec. 31, 2012
ADDCL Credit Facilities due December 2017
USD ($)
Dec. 31, 2013
ADDCL Credit Facilities due December 2017
Ultra Deepwater Floater Discoverer Luanda
USD ($)
Dec. 31, 2012
ADDCL Credit Facilities due December 2017
Ultra Deepwater Floater Discoverer Luanda
USD ($)
Dec. 31, 2013
Eksportfinans Loans due January 2018
USD ($)
Dec. 31, 2012
Eksportfinans Loans due January 2018
USD ($)
Dec. 31, 2013
Eksportfinans Loan A
USD ($)
Dec. 31, 2013
Eksportfinans Loan B
USD ($)
Dec. 31, 2013
6.00% Senior Notes due March 2018
USD ($)
Dec. 31, 2012
6.00% Senior Notes due March 2018
USD ($)
Dec. 31, 2013
7.375% Senior Notes due April 2018
USD ($)
Dec. 31, 2012
7.375% Senior Notes due April 2018
USD ($)
Mar. 31, 2002
7.375% Senior Notes due April 2018
USD ($)
Dec. 31, 2013
6.50% Senior Notes due November 2020
USD ($)
Dec. 31, 2012
6.50% Senior Notes due November 2020
USD ($)
Sep. 30, 2010
6.50% Senior Notes due November 2020
USD ($)
Dec. 31, 2013
6.375% Senior Notes due December 2021
USD ($)
Dec. 31, 2012
6.375% Senior Notes due December 2021
USD ($)
Dec. 31, 2011
6.375% Senior Notes due December 2021
USD ($)
Dec. 31, 2013
3.8% Senior Notes due October 2022
USD ($)
Dec. 31, 2012
3.8% Senior Notes due October 2022
USD ($)
Sep. 30, 2012
3.8% Senior Notes due October 2022
USD ($)
Dec. 31, 2013
7.45% Notes due April 2027
USD ($)
Dec. 31, 2012
7.45% Notes due April 2027
USD ($)
May 31, 2012
TPDI Notes
USD ($)
Dec. 31, 2013
8% Debentures due April 2027
USD ($)
Dec. 31, 2012
8% Debentures due April 2027
USD ($)
Dec. 31, 2013
7% Notes due June 2028
USD ($)
Dec. 31, 2012
7% Notes due June 2028
USD ($)
Aug. 31, 2009
Capital lease contract due August 2029
USD ($)
Dec. 31, 2013
Capital lease contract due August 2029
USD ($)
Dec. 31, 2012
Capital lease contract due August 2029
USD ($)
Dec. 31, 2013
7.5% Notes due April 2031
USD ($)
Dec. 31, 2012
7.5% Notes due April 2031
USD ($)
Dec. 31, 2012
1.50% Series B and 1.50% Series C Convertible Senior Notes
USD ($)
Dec. 31, 2011
1.50% Series B and 1.50% Series C Convertible Senior Notes
USD ($)
Dec. 31, 2013
1.50% Series B and 1.50% Series C Convertible Senior Notes
Maximum
USD ($)
Dec. 31, 2013
1.50% Series B Convertible Senior Notes due December 2037
Dec. 31, 2007
1.50% Series B Convertible Senior Notes due December 2037
USD ($)
Dec. 14, 2012
1.50% Series C Convertible Senior Notes due December 2037
USD ($)
Feb. 28, 2013
1.50% Series C Convertible Senior Notes due December 2037
USD ($)
Dec. 31, 2013
1.50% Series C Convertible Senior Notes due December 2037
USD ($)
Dec. 31, 2012
1.50% Series C Convertible Senior Notes due December 2037
USD ($)
Dec. 31, 2007
1.50% Series C Convertible Senior Notes due December 2037
USD ($)
Dec. 31, 2013
6.80% Senior Notes due March 2038
USD ($)
Dec. 31, 2012
6.80% Senior Notes due March 2038
USD ($)
Dec. 31, 2013
7.35% Senior Notes due December 2041
USD ($)
Dec. 31, 2012
7.35% Senior Notes due December 2041
USD ($)
Dec. 31, 2011
7.35% Senior Notes due December 2041
USD ($)
Dec. 31, 2013
Five Year Revolving Credit Facility
USD ($)
Dec. 31, 2013
Five Year Revolving Credit Facility
Minimum
Dec. 31, 2013
Five Year Revolving Credit Facility
Maximum
Dec. 31, 2013
Five Year Revolving Credit Facility
Base Rate
Dec. 31, 2013
Five Year Revolving Credit Facility
Adjusted LIBOR
Dec. 31, 2013
Three Year Secured Revolving Credit Facility
USD ($)
Dec. 31, 2013
Three Year Secured Revolving Credit Facility
Deepwater Champion, Discoverer Americas and Discoverer Inspiration
USD ($)
Dec. 31, 2012
Three Year Secured Revolving Credit Facility
Deepwater Champion, Discoverer Americas and Discoverer Inspiration
USD ($)
Dec. 31, 2013
Three Year Secured Revolving Credit Facility
Minimum
Dec. 31, 2013
Three Year Secured Revolving Credit Facility
Maximum
Dec. 31, 2013
Three Year Secured Revolving Credit Facility
Base Rate
Dec. 31, 2013
Three Year Secured Revolving Credit Facility
Adjusted LIBOR
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
5% Notes due February 2013
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
5.25% Senior Notes due March 2013
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
TPDI Credit Facilities due March 2015
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
4.95% Senior Notes due November 2015
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
4.95% Senior Notes due November 2015
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
Callable Bonds due February 2016
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
5.05% Senior Notes due December 2016
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
5.05% Senior Notes due December 2016
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
2.5% Senior Notes due October 2017
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
2.5% Senior Notes due October 2017
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
Eksportfinans Loans due January 2018
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
Eksportfinans Loans due January 2018
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
6.00% Senior Notes due March 2018
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
6.00% Senior Notes due March 2018
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
7.375% Senior Notes due April 2018
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
7.375% Senior Notes due April 2018
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
6.50% Senior Notes due November 2020
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
6.50% Senior Notes due November 2020
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
6.375% Senior Notes due December 2021
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
6.375% Senior Notes due December 2021
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
3.8% Senior Notes due October 2022
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
3.8% Senior Notes due October 2022
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
7.45% Notes due April 2027
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
7.45% Notes due April 2027
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
8% Debentures due April 2027
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
8% Debentures due April 2027
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
7% Notes due June 2028
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
7% Notes due June 2028
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
Capital lease contract due August 2029
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
Capital lease contract due August 2029
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
7.5% Notes due April 2031
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
7.5% Notes due April 2031
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
1.50% Series C Convertible Senior Notes due December 2037
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
6.80% Senior Notes due March 2038
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
6.80% Senior Notes due March 2038
USD ($)
Dec. 31, 2013
Transocean Ltd. and Subsidiaries
7.35% Senior Notes due December 2041
USD ($)
Dec. 31, 2012
Transocean Ltd. and Subsidiaries
7.35% Senior Notes due December 2041
USD ($)
Dec. 31, 2013
Consolidated variable interest entities
USD ($)
Dec. 31, 2012
Consolidated variable interest entities
USD ($)
Dec. 31, 2013
Consolidated variable interest entities
ADDCL Credit Facilities due December 2017
USD ($)
Dec. 31, 2012
Consolidated variable interest entities
ADDCL Credit Facilities due December 2017
USD ($)
Dec. 31, 2013
TPDI
TPDI Credit Facilities due March 2015
USD ($)
Dec. 31, 2012
TPDI
TPDI Credit Facilities due March 2015
USD ($)
Dec. 31, 2013
TPDI
TPDI Credit Facilities Senior Term Loan Due March 2015
USD ($)
Dec. 31, 2013
TPDI
TPDI Credit Facilities Junior Term Loan Due March 2015
USD ($)
Dec. 31, 2013
TPDI
TPDI Credit Facilities Revolving Credit Facility Due March 2015
USD ($)
Dec. 31, 2012
TPDI
Uncommitted Credit Facility Established by Subsidiary
USD ($)
Dec. 31, 2013
ADDCL
ADDCL Credit Facilities Tranche A Due December 2017
USD ($)
Dec. 31, 2013
ADDCL
ADDCL Credit Facilities Tranche C Due December 2017
USD ($)
Dec. 31, 2013
ADDCL
ADDCL Secondary Loan Facility Due December 2015
USD ($)
Dec. 31, 2012
ADDCL
ADDCL Secondary Loan Facility Due December 2015
USD ($)
Dec. 31, 2013
ADDCL
ADDCL Secondary Loan Facility Due December 2015
Minimum
Dec. 31, 2013
ADDCL
ADDCL Secondary Loan Facility Due December 2015
Maximum
Dec. 31, 2013
Wholly-owned subsidiaries
5% Notes due February 2013
item
Dec. 31, 2013
Wholly-owned subsidiaries
7% Notes due June 2028
USD ($)
item
Dec. 31, 2013
Transocean Inc.
5.25% Senior Notes due March 2013
Dec. 31, 2007
Transocean Inc.
5.25% Senior Notes due March 2013
USD ($)
Dec. 31, 2013
Transocean Inc.
6.00% Senior Notes due March 2018
USD ($)
Dec. 31, 2007
Transocean Inc.
6.00% Senior Notes due March 2018
USD ($)
Dec. 31, 2013
Transocean Inc.
7.45% Notes due April 2027
USD ($)
Apr. 30, 1997
Transocean Inc.
7.45% Notes due April 2027
USD ($)
Dec. 31, 2013
Transocean Inc.
8% Debentures due April 2027
USD ($)
Apr. 30, 1997
Transocean Inc.
8% Debentures due April 2027
USD ($)
Dec. 31, 2013
Transocean Inc.
7.5% Notes due April 2031
USD ($)
Apr. 30, 2001
Transocean Inc.
7.5% Notes due April 2031
USD ($)
Dec. 31, 2013
Transocean Inc.
6.80% Senior Notes due March 2038
USD ($)
Dec. 31, 2007
Transocean Inc.
6.80% Senior Notes due March 2038
USD ($)
Long-term debt by current and noncurrent                                                                                                                                                                                                                                                                                                                                    
Total debt $ 10,702,000,000 $ 12,459,000,000     $ 250,000,000     $ 502,000,000     $ 403,000,000 $ 1,113,000,000 $ 1,118,000,000               $ 282,000,000           $ 999,000,000 $ 999,000,000   $ 748,000,000 $ 748,000,000   $ 163,000,000 $ 191,000,000     $ 591,000,000 $ 797,000,000     $ 998,000,000 $ 998,000,000 $ 247,000,000 $ 247,000,000   $ 900,000,000 $ 899,000,000   $ 1,199,000,000 $ 1,199,000,000   $ 745,000,000 $ 745,000,000   $ 97,000,000 $ 97,000,000   $ 57,000,000 $ 57,000,000 $ 311,000,000 $ 311,000,000   $ 637,000,000 $ 657,000,000 $ 598,000,000 $ 598,000,000                 $ 62,000,000   $ 999,000,000 $ 999,000,000 $ 300,000,000 $ 300,000,000                           $ 10,539,000,000 $ 12,268,000,000 $ 250,000,000 $ 502,000,000 $ 403,000,000 $ 1,113,000,000 $ 1,118,000,000 $ 282,000,000 $ 999,000,000 $ 999,000,000 $ 748,000,000 $ 748,000,000 $ 591,000,000 $ 797,000,000 $ 998,000,000 $ 998,000,000 $ 247,000,000 $ 247,000,000 $ 900,000,000 $ 899,000,000 $ 1,199,000,000 $ 1,199,000,000 $ 745,000,000 $ 745,000,000 $ 97,000,000 $ 97,000,000 $ 57,000,000 $ 57,000,000 $ 311,000,000 $ 311,000,000 $ 637,000,000 $ 657,000,000 $ 598,000,000 $ 598,000,000 $ 62,000,000 $ 999,000,000 $ 999,000,000 $ 300,000,000 $ 300,000,000 $ 163,000,000 $ 191,000,000 $ 163,000,000 $ 191,000,000                                                    
Debt due within one year 323,000,000 1,367,000,000     250,000,000     502,000,000     70,000,000                   282,000,000                       163,000,000 28,000,000     140,000,000 153,000,000                                                 20,000,000 20,000,000                     62,000,000                                     160,000,000 1,339,000,000 250,000,000 502,000,000 70,000,000     282,000,000         140,000,000 153,000,000                                 20,000,000 20,000,000     62,000,000         163,000,000 28,000,000 163,000,000 28,000,000                                                    
Long-term debt 10,379,000,000 11,092,000,000                                                                                                                                                                                       10,379,000,000 10,929,000,000                                                                             163,000,000                                                        
Debt instrument interest rate stated percentage       5.00%     5.25%         4.95%                       11.00%     5.05%     2.50%             4.15%       6.00%   7.375%     6.50%     6.375%     3.80%     7.45%     8.00%   7.00%         7.50%         1.50%       1.50%     6.80%   7.35%                                                                                                                                                                      
Percentage ownership interest in Transocean Inc. by Transocean Ltd.                                                                                                                                                                                           100.00%                                                                                                                                        
Scheduled monthly payments under capital lease obligation                                                                                                                             6,000,000                                                                                                                                                                                                      
Purchase obligation to acquire asset under capital lease                                                                                                                             1                                                                                                                                                                                                      
Credit facility term                                                                                                                                                                   5 years         3 years                                                                                                                                                      
Borrowing capacity, maximum                             500,000,000                                                                                                                                     2,000,000,000         900,000,000                                                                                                   1,265,000,000       75,000,000   215,000,000 399,000,000 90,000,000                                  
Weighted-average interest rate (as a percent)                                                                                                                                                                                                                                                                                             0.89%   3.30%                                  
Debt instrument face value                           1,100,000,000     400,000,000                       1,000,000,000     750,000,000                         247,000,000     900,000,000     1,200,000,000     750,000,000                                 2,200,000,000         2,200,000,000         300,000,000                                                                                                                   1,000,000,000 190,000,000                       500,000,000   1,000,000,000   100,000,000   200,000,000   600,000,000   1,000,000,000
Accrued and unpaid interest                                                                                                                 16,000,000                                                                                                                                                                                                                  
Basis of variable interest rate                                                                                                                                                                         Base Rate LIBOR           Base Rate LIBOR                                                                                                   LIBOR   LIBOR                                  
Spread on variable rate basis (as a percent)                                                                                                                                                                           1.625%       0.875% 2.50%   2.00%                                                                                                   0.725%       3.125% 5.125%                            
Percentage reduction to the calculated variable rate                                                                                                                                                                         1.00%             1.00%                                                                                                                                            
Commitment fee percentage at period end                                                                                                                                                                   0.275% 0.125% 0.325%     0.375%     0.125% 0.50%                                                                                                                                              
Maximum debt to tangible capitalization ratio                                                                                                                                                                   0.6         0.6                                                                                                                                                      
Credit facility available borrowing capacity                                                                                                                                                                   2,000,000,000         900,000,000                                                                                                                                                      
Letters of credit issued and outstanding                                                                                                                                                                   20,000,000                                                                                                                       60,000,000                                        
Redemption price of debt instrument (as a percent)                       100.00%                             100.00%     100.00%                               100.00%     100.00%     100.00%                                                     100.00%                                                                                                                                           100.00% 100.00% 100.00%   100.00%               100.00%  
Aggregate principal amount outstanding 10,698,000,000                     1,100,000,000                   164,000,000 940,000,000   98,000,000 560,000,000 1,000,000,000     750,000,000                 280,000,000 314,000,000     247,000,000     900,000,000     1,200,000,000     750,000,000                                                     300,000,000                             10,535,000,000                                                                             163,000,000                                 300,000,000     1,000,000,000   100,000,000   57,000,000   600,000,000   1,000,000,000  
Aggregate commitment of subsidiary in secured term loan                   595,000,000                                                                                                                                                                                                                                                                                                                
Credit facility amount outstanding                                                                                                                                                                   0         0                                                                                                               135,000,000   80,000,000                                  
Debt due to a subsidiary, eliminated in consolidation                                                                                                                                                                                                                                                                                               399,000,000 52,000,000                                  
Number of wholly-owned subsidiaries which are obligors to debt instrument                                                                                                                                                                                                                                                                                                         2 2                        
Aggregate principal amount repaid     250,000,000     500,000,000     735,000,000             333,000,000                                                                                 148,000,000                             1,700,000,000 62,000,000                                                                                                                                                                                  
Gain (loss) on retirement of debt                   (1,000,000)           2,000,000       (1,000,000)                                                                                                                                                                                                                                                                                            
Payment made to a subsidiary out of repayment of debt, eliminated in consolidation                 367,000,000                                                                                                                                                                                                                                                                                                                  
Restricted investments used as security for debt instruments                                                                                                                                                                                                                                                                                   23,000,000             20,000,000 19,000,000                                
NOK exchange rate                                     5.73                                                                                                                                                                                                                                                                                              
Aggregate cash payment made for debt repurchased                                   273,000,000 1,567,000,000                                                                                                                                                                                                                                                                                              
Percentage of total commitment under ADDCL secondary bank credit agreement provided by subsidiary                                                                                                                                                                                                                                                                                                 65.00%                                  
Fixed interest rate on restricted cash investments (as a percent)                                                                         4.15%                                                                                                                                                                                                                                                          
Implicit interest rate (as a percent)                                                                                                                             7.80%                                                                                                                                                                                                      
Additions to property and equipment upon entry into capital lease                                                                                                                           716,000,000                                                                                                                                                                                                        
Asset capitalized under capital leases                                                                                                                           716,000,000                                                                                                                                                                                                        
Aggregate carrying amount assets pledged                                                                     748,000,000 786,000,000                                                                                                       2,200,000,000 2,300,000,000                                                                                                                                                  
Carrying amounts of Convertible Senior Notes                                                                                                                                                                                                                                                                                                                                    
Interest expense                                                                                                                                     84,000,000 162,000,000 1,000,000                                                                                                                                                                                          
Carrying amount of equity component                                                                                                                                                   10,000,000                                                                                                                                                                                
Aggregate cash payments to redeem debt                                                                                                                                               $ 1,700,000,000 $ 62,000,000