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Redeemable non-controlling interest (Tables)

6 Months Ended

Jun. 30, 2018

Temporary Equity Disclosure [Abstract]

Changes in Redeemable Non-Controlling Interest

Changes in redeemable non-controlling interest for the period ended June 30, 2018 is as follows:

(In $ millions)		Asia Offshore Drilling Ltd
As at December 31, 2017			—
Reclassification from non-controlling interest			150
Fair value adjustment on initial recognition			(127	)
Net income attributable to redeemable non-controlling interest in 2018			2
As at June 30, 2018			25

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- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

+ References

No definition available.

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- References

No definition available.

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