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)