v2.4.0.8
Debt (Tables)
6 Months Ended
Jun. 30, 2014
Debt  
Debt, net of unamortized discounts, premiums and fair value adjustments

Debt, net of unamortized discounts, premiums and fair value adjustments, was comprised of the following (in millions):

 

 

 

June 30,
2014

 

December 31,
2013

 

4.95% Senior Notes due November 2015 (a)

 

$

1,109

 

$

1,113

 

5.05% Senior Notes due December 2016 (a)

 

999

 

999

 

2.5% Senior Notes due October 2017 (a)

 

748

 

748

 

ADDCL Credit Facilities due December 2017

 

 

163

 

Eksportfinans Loans due January 2018

 

517

 

591

 

6.00% Senior Notes due March 2018 (a)

 

1,002

 

998

 

7.375% Senior Notes due April 2018 (a)

 

247

 

247

 

6.50% Senior Notes due November 2020 (a)

 

903

 

900

 

6.375% Senior Notes due December 2021 (a)

 

1,199

 

1,199

 

3.8% Senior Notes due October 2022 (a)

 

746

 

745

 

7.45% Notes due April 2027 (a)

 

97

 

97

 

8% Debentures due April 2027 (a)

 

57

 

57

 

7% Notes due June 2028

 

310

 

311

 

Capital lease contract due August 2029

 

626

 

637

 

7.5% Notes due April 2031 (a)

 

598

 

598

 

6.80% Senior Notes due March 2038 (a)

 

999

 

999

 

7.35% Senior Notes due December 2041 (a)

 

300

 

300

 

Total debt

 

10,457

 

10,702

 

Less debt due within one year

 

 

 

 

 

ADDCL Credit Facilities due December 2017

 

 

163

 

Eksportfinans Loans due January 2018

 

138

 

140

 

Capital lease contract due August 2029

 

21

 

20

 

Total debt due within one year

 

159

 

323

 

Total long-term debt

 

$

10,298

 

$

10,379

 

 

(a)     Transocean Inc., a 100 percent owned subsidiary of Transocean Ltd., is the issuer of the notes and debentures, which have been guaranteed by Transocean Ltd.  Transocean Ltd. has also guaranteed borrowings under the New Five-Year Revolving Credit Facility.  Transocean Ltd. and Transocean Inc. are not subject to any significant restrictions on their ability to obtain funds from their consolidated subsidiaries by dividends, loans or return of capital distributions.  See Note 16—Condensed Consolidating Financial Information.

Scheduled maturities of debt

At June 30, 2014, the scheduled maturities of our debt were as follows (in millions):

 

Twelve months ending June 30,

 

Total

 

2015

 

$

159

 

2016

 

1,262

 

2017

 

1,164

 

2018

 

2,130

 

2019

 

31

 

Thereafter

 

5,703

 

Total debt, excluding unamortized discounts, premiums and fair value adjustments

 

10,449

 

Total unamortized discounts, premiums and fair value adjustments, net

 

8

 

Total debt

 

$

10,457