$DODRW

2012 Q4 Form 10-Q Financial Statement

#000119312512435123 Filed on October 25, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $750.5M $729.1M $878.2M
YoY Change 0.29% -16.97% 9.81%
Cost Of Revenue $387.0M $357.3M $391.4M
YoY Change -7.94% -8.71% -2.38%
Gross Profit $363.5M $371.9M $486.8M
YoY Change 10.82% -23.61% 22.04%
Gross Profit Margin 48.43% 51.0% 55.43%
Selling, General & Admin $14.80M $13.50M $19.60M
YoY Change -1.33% -31.12% 30.67%
% of Gross Profit 4.07% 3.63% 4.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $92.80M $99.20M $101.2M
YoY Change -2.42% -1.98% 2.02%
% of Gross Profit 25.53% 26.68% 20.79%
Operating Expenses $107.7M $112.7M $120.8M
YoY Change -2.18% -6.71% 5.96%
Operating Profit $195.0M $244.8M $350.3M
YoY Change -10.68% -30.11% 22.95%
Interest Expense -$9.700M -$9.800M -$15.30M
YoY Change -30.22% -35.95% -16.85%
% of Operating Profit -4.98% -4.0% -4.37%
Other Income/Expense, Net -$200.0K -$168.0K -$136.0K
YoY Change -77.78% 23.53% -32.0%
Pretax Income $185.0M $234.8M $334.8M
YoY Change -9.09% -29.86% 12.14%
Income Tax $29.40M $56.66M $78.00M
% Of Pretax Income 15.89% 24.13% 23.29%
Net Earnings $155.7M $178.2M $256.9M
YoY Change -17.42% -30.63% 29.4%
Net Earnings / Revenue 20.74% 24.44% 29.25%
Basic Earnings Per Share $1.12 $1.28 $1.85
Diluted Earnings Per Share $1.12 $1.28 $1.85
COMMON SHARES
Basic Shares Outstanding 139.0M shares 139.0M shares 139.0M shares
Diluted Shares Outstanding 139.1M shares 139.0M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.486B $1.492B $1.150B
YoY Change 20.18% 29.77% 16.74%
Cash & Equivalents $335.4M $316.6M $348.0M
Short-Term Investments $1.150B $1.176B $801.9M
Other Short-Term Assets $9.722M $5.824M $157.4M
YoY Change 35.35% -96.3% -15.06%
Inventory
Prepaid Expenses
Receivables $474.1M $439.4M $615.3M
Other Receivables $20.00M $23.80M $7.600M
Total Short-Term Assets $2.133B $2.099B $1.930B
YoY Change 7.04% 8.73% 9.01%
LONG-TERM ASSETS
Property, Plant & Equipment $4.865B $4.836B $4.606B
YoY Change 4.23% 4.99% 7.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $237.4M $245.2M $303.2M
YoY Change -21.92% -19.13% -23.72%
Total Long-Term Assets $5.102B $5.081B $4.909B
YoY Change 2.63% 3.5% 3.78%
TOTAL ASSETS
Total Short-Term Assets $2.133B $2.099B $1.930B
Total Long-Term Assets $5.102B $5.081B $4.909B
Total Assets $7.235B $7.180B $6.839B
YoY Change 3.89% 4.98% 5.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.63M $78.31M $59.20M
YoY Change 50.64% 32.28% -21.59%
Accrued Expenses $252.7M $258.8M $232.1M
YoY Change -2.85% 11.5% -11.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $485.5M $432.7M $373.0M
YoY Change 13.63% 16.0% -26.27%
LONG-TERM LIABILITIES
Long-Term Debt $1.496B $1.496B $1.496B
YoY Change 0.02% 0.01% 0.02%
Other Long-Term Liabilities $186.3M $174.9M $189.9M
YoY Change 8.86% -7.92% -5.48%
Total Long-Term Liabilities $1.682B $1.671B $1.686B
YoY Change 0.92% -0.88% -0.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $485.5M $432.7M $373.0M
Total Long-Term Liabilities $1.682B $1.671B $1.686B
Total Liabilities $2.659B $2.638B $2.579B
YoY Change 1.06% 2.32% -6.67%
SHAREHOLDERS EQUITY
Retained Earnings $2.703B $2.670B
YoY Change 9.33%
Common Stock $1.439M $1.439M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $114.4M $114.4M
YoY Change 0.0%
Treasury Stock Shares 4.917M shares 4.917M shares
Shareholders Equity $4.576B $4.541B $4.261B
YoY Change
Total Liabilities & Shareholders Equity $7.235B $7.180B $6.839B
YoY Change 3.89% 4.98% 5.21%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $155.7M $178.2M $256.9M
YoY Change -17.42% -30.63% 29.4%
Depreciation, Depletion And Amortization $92.80M $99.20M $101.2M
YoY Change -2.42% -1.98% 2.02%
Cash From Operating Activities $301.7M $396.3M $355.5M
YoY Change -11.52% 11.48% 39.08%
INVESTING ACTIVITIES
Capital Expenditures -$187.3M -$130.0M -$64.50M
YoY Change 42.43% 101.55% -29.2%
Acquisitions
YoY Change
Other Investing Activities $26.90M -$200.2M -$100.8M
YoY Change -126.48% 98.61% -73.7%
Cash From Investing Activities -$160.4M -$330.2M -$165.3M
YoY Change -31.19% 99.76% -65.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -122.4M -125.9M -122.1M
YoY Change 0.16% 3.11% 0.08%
NET CHANGE
Cash From Operating Activities 301.7M 396.3M 355.5M
Cash From Investing Activities -160.4M -330.2M -165.3M
Cash From Financing Activities -122.4M -125.9M -122.1M
Net Change In Cash 18.90M -59.80M 68.10M
YoY Change -232.17% -187.81% -119.99%
FREE CASH FLOW
Cash From Operating Activities $301.7M $396.3M $355.5M
Capital Expenditures -$187.3M -$130.0M -$64.50M
Free Cash Flow $489.0M $526.3M $420.0M
YoY Change 3.49% 25.31% 21.14%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
348003000
CY2012Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
750000000
CY2012Q3 us-gaap Debt Instrument Basis Spread On Variable Rate
DebtInstrumentBasisSpreadOnVariableRate
0.01 pure
CY2012Q3 do Debt Instrument Basis Spread On Federal Fund Variable Rate
DebtInstrumentBasisSpreadOnFederalFundVariableRate
0.0050 pure
CY2012Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
4916800 shares
CY2012Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q3 us-gaap Other Assets Current
OtherAssetsCurrent
5824000
CY2012Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
36500000
CY2012Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
80982000
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2901000
CY2012Q3 us-gaap Liabilities Current
LiabilitiesCurrent
432698000
CY2012Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
143441000
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
13500000
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
73900000
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
22600000
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
23100000
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
7100000
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
140200000
CY2012Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
64012000
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2669775000
CY2012Q3 us-gaap Assets
Assets
7179750000
CY2012Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1472798000
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
316599000
CY2012Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
54919000
CY2012Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
444558000
CY2012Q3 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
316000
CY2012Q3 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
69000
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
174851000
CY2012Q3 us-gaap Prepaid Taxes
PrepaidTaxes
7308000
CY2012Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5470000
CY2012Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8340743000
CY2012Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
245204000
CY2012Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
11294000
CY2012Q3 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0
CY2012Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
1175572000
CY2012Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
534767000
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7179750000
CY2012Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
143947118 shares
CY2012Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
1175572000
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
1439000
CY2012Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
31573000
CY2012Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
322813000
CY2012Q3 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1175503000
CY2012Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
463219000
CY2012Q3 us-gaap Liabilities
Liabilities
2638320000
CY2012Q3 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
8448000
CY2012Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
13642000
CY2012Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
6800000
CY2012Q3 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
4400000
CY2012Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
7352374000
CY2012Q3 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
43967000
CY2012Q3 us-gaap Treasury Stock Value
TreasuryStockValue
114413000
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4835715000
CY2012Q3 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
4383000
CY2012Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
306000
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
139030318 shares
CY2012Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
463219000
CY2012Q3 us-gaap Prepaid Insurance
PrepaidInsurance
20424000
CY2012Q3 us-gaap Interest Payable Current
InterestPayableCurrent
29422000
CY2012Q3 us-gaap Assets Current
AssetsCurrent
2098831000
CY2012Q3 us-gaap Foreign Currency Cash Flow Hedge Asset At Fair Value
ForeignCurrencyCashFlowHedgeAssetAtFairValue
4383000
CY2012Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1981728000
CY2012Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
870192000
CY2012Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8854000
CY2012Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3505028000
CY2012Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1496004000
CY2012Q3 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
1468099000
CY2012Q3 us-gaap Interest Receivable
InterestReceivable
1735000
CY2012Q3 us-gaap Debt Instrument Basis Spread On Variable Rate
DebtInstrumentBasisSpreadOnVariableRate
0.01 pure
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
4541430000
CY2012Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
78312000
CY2012Q3 do Receivables Gross Current
ReceivablesGrossCurrent
468689000
CY2012Q3 do Land And Buildings
LandAndBuildings
63258000
CY2012Q3 do Accounts Receivable Expected To Be Collected Within One Year
AccountsReceivableExpectedToBeCollectedWithinOneYear
42200000
CY2012Q3 do Accrued Capital Project Or Upgrade Costs
AccruedCapitalProjectOrUpgradeCosts
48620000
CY2012Q3 do Amount Of Tax Assessment Including Interest And Penalties
AmountOfTaxAssessmentIncludingInterestAndPenalties
17000000
CY2012Q3 do Contingent Liability Under Letters Of Credit And Other Bonds
ContingentLiabilityUnderLettersOfCreditAndOtherBonds
126100000
CY2012Q3 do Majority Shareholder Outstanding Common Stock Owned Percentage
MajorityShareholderOutstandingCommonStockOwnedPercentage
0.504 pure
CY2012Q3 do Net Book Value Of Cold Stacked Rigs
NetBookValueOfColdStackedRigs
38200000
CY2012Q3 do Number Of Cold Stacked Rigs
NumberOfColdStackedRigs
3 Rigs
CY2012Q3 do Number Of Countries With Rigs
NumberOfCountriesWithRigs
14 Country
CY2012Q3 do Number Of Drillships Under Construction
NumberOfDrillshipsUnderConstruction
Vessel
CY2012Q3 do Performance Bonds That May Require Collateral At Any Time
PerformanceBondsThatMayRequireCollateralAtAnyTime
111100000
CY2012Q3 do Purchase Obligations
PurchaseObligations
0
CY2012Q3 do Reserve For Personal Injury Claims Recorded In Accrued Liabilities
ReserveForPersonalInjuryClaimsRecordedInAccruedLiabilities
10400000
CY2012Q3 do Reserve For Personal Injury Claims Recorded In Other Liabilities
ReserveForPersonalInjuryClaimsRecordedInOtherLiabilities
26100000
CY2012Q3 do Rig Operating Expenses
RigOperatingExpenses
79629000
CY2012Q3 do Rig Spare Parts And Supplies
RigSparePartsAndSupplies
54735000
CY2012Q3 do Debt Instrument Basis Spread On Federal Fund Variable Rate
DebtInstrumentBasisSpreadOnFederalFundVariableRate
0.0000 pure
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
139030318 shares
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
464393000
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4916800 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2011Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7183000
CY2011Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
32700000
CY2011Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
77055000
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4642000
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
427291000
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
192570000
CY2011Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
67894000
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2472310000
CY2011Q4 us-gaap Assets
Assets
6964157000
CY2011Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1207618000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
333765000
CY2011Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
8454000
CY2011Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
49035000
CY2011Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
555451000
CY2011Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
431000
CY2011Q4 us-gaap Prepaid Taxes
PrepaidTaxes
37612000
CY2011Q4 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
14600000
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6867000
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8046479000
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
304005000
CY2011Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
10536000
CY2011Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
902414000
CY2011Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
536815000
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6964157000
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
143944009 shares
CY2011Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
902414000
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
1439000
CY2011Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
26744000
CY2011Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
336400000
CY2011Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
902436000
CY2011Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
563934000
CY2011Q4 us-gaap Liabilities
Liabilities
2631094000
CY2011Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
11615000
CY2011Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
618000
CY2011Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
6800000
CY2011Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
7431713000
CY2011Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
74659000
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
114413000
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4667469000
CY2011Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
1262000
CY2011Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
577000
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
139027209 shares
CY2011Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
563934000
CY2011Q4 us-gaap Prepaid Insurance
PrepaidInsurance
12417000
CY2011Q4 us-gaap Interest Payable Current
InterestPayableCurrent
21406000
CY2011Q4 us-gaap Assets Current
AssetsCurrent
1992683000
CY2011Q4 us-gaap Foreign Currency Cash Flow Hedge Asset At Fair Value
ForeignCurrencyCashFlowHedgeAssetAtFairValue
1262000
CY2011Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1978369000
CY2011Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
504805000
CY2011Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13842000
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3379010000
CY2011Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1495823000
CY2011Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
1205925000
CY2011Q4 us-gaap Interest Receivable
InterestReceivable
2540000
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
4333063000
CY2011Q4 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
-22000
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
171165000
CY2011Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
64147000
CY2011Q4 do Receivables Gross Current
ReceivablesGrossCurrent
570801000
CY2011Q4 do Land And Buildings
LandAndBuildings
60926000
CY2011Q4 do Net Book Value Of Cold Stacked Rigs
NetBookValueOfColdStackedRigs
76500000
CY2011Q4 do Accounts Receivable Expected To Be Collected Within One Year
AccountsReceivableExpectedToBeCollectedWithinOneYear
95800000
CY2011Q4 do Accrued Capital Project Or Upgrade Costs
AccruedCapitalProjectOrUpgradeCosts
22725000
CY2011Q4 do Accrued Construction Milestone Installment
AccruedConstructionMilestoneInstallment
14600000
CY2011Q4 do Number Of Cold Stacked Rigs
NumberOfColdStackedRigs
8 Rigs
CY2011Q4 do Number Of Rigs Not Subject To Impairment
NumberOfRigsNotSubjectToImpairment
8 Rigs
CY2011Q4 do Purchase Obligations
PurchaseObligations
0
CY2011Q4 do Reserve For Personal Injury Claims Recorded In Accrued Liabilities
ReserveForPersonalInjuryClaimsRecordedInAccruedLiabilities
10100000
CY2011Q4 do Reserve For Personal Injury Claims Recorded In Other Liabilities
ReserveForPersonalInjuryClaimsRecordedInOtherLiabilities
22600000
CY2011Q4 do Rig Operating Expenses
RigOperatingExpenses
108342000
CY2011Q4 do Rig Spare Parts And Supplies
RigSparePartsAndSupplies
52637000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-232000
us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
2520030000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-827607000
us-gaap Investment Income Interest
InvestmentIncomeInterest
3565000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139027000 shares
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
54000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
975724000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
4344000
us-gaap Share Based Compensation
ShareBasedCompensation
3749000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-5413000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
21000 shares
us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-8064000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-116390000
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
46127000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
12108000
us-gaap Operating Income Loss
OperatingIncomeLoss
1037138000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12034000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.57
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
51000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
39000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-15798000
us-gaap Net Income Loss
NetIncomeLoss
774052000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-4600000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-20055000
us-gaap Costs And Expenses
CostsAndExpenses
1536924000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
4000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.57
us-gaap Contract Revenue Cost
ContractRevenueCost
1141739000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.625
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
48976000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139048000 shares
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-367926000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
21000 shares
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
165000
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
784000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
762018000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4850000000
us-gaap Other Noncash Expense
OtherNoncashExpense
62836000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
20137000
us-gaap Revenues
Revenues
2574062000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4603000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201672000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-54000
us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
303523000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-43845000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
643305000
us-gaap Interest Costs Incurred
InterestCostsIncurred
64634000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-4490000
us-gaap Reimbursement Revenue
ReimbursementRevenue
54032000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
367930000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
5051538000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4344000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
4862108000
us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
52443000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
44368000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
964000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5128000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1079143000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-3538000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-378000
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
3000
do Cash Payments Of Capital Expenditures Accrued In Prior Year
CashPaymentsOfCapitalExpendituresAccruedInPriorYear
28900000
do Gain Loss On Foreign Currency Forward Exchange Contracts
GainLossOnForeignCurrencyForwardExchangeContracts
9593000
do Interest Expense Non Operating
InterestExpenseNonOperating
60144000
do Notional Amount Of Foreign Currency Contacts Settled
NotionalAmountOfForeignCurrencyContactsSettled
224800000
do Proceeds From Settlement Of Foreign Currency Forward Exchange Contracts Designated As Accounting Hedges
ProceedsFromSettlementOfForeignCurrencyForwardExchangeContractsDesignatedAsAccountingHedges
9593000
do Reserve For Bad Debts Recovered Recorded In Prior Period
ReserveForBadDebtsRecoveredRecordedInPriorPeriod
11100000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0000949039
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Trading Symbol
TradingSymbol
DO
dei Entity Registrant Name
EntityRegistrantName
DIAMOND OFFSHORE DRILLING INC
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-17166000
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-767000
us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
2195443000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Reclassifications</i></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Certain amounts applicable to the prior periods have been reclassified to conform to the classifications currently followed. Such reclassifications do not affect earnings.</font></p> </div>
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-655264000
us-gaap Investment Income Interest
InvestmentIncomeInterest
4052000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139029000 shares
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
54000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
733040000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
79285000
us-gaap Share Based Compensation
ShareBasedCompensation
3248000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-1018000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
17000 shares
us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
3445000
us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
300069000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4961000
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
19020000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
150106000
us-gaap Operating Income Loss
OperatingIncomeLoss
767416000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7543000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.06
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
800000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-4461000
do Amount Capitalized For Asset Replacements And Betterments
AmountCapitalizedForAssetReplacementsAndBetterments
152300000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6089000
us-gaap Net Income Loss
NetIncomeLoss
564816000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-900000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-108159000
us-gaap Costs And Expenses
CostsAndExpenses
1468555000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
130000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.06
us-gaap Contract Revenue Cost
ContractRevenueCost
1159635000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.625
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
49803000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139046000 shares
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-371500000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
17000 shares
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-2697000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3646000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
572359000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1925000000
us-gaap Other Noncash Expense
OtherNoncashExpense
58391000
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4400000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9350000
us-gaap Revenues
Revenues
2235971000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-881000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
168224000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
18000
do Amount Of Trade Accounts Receivable Written Off Against Allowance For Doubtful Accounts
AmountOfTradeAccountsReceivableWrittenOffAgainstAllowanceForDoubtfulAccounts
400000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
514672000
us-gaap Interest Costs Incurred
InterestCostsIncurred
62782000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-26002000
us-gaap Reimbursement Revenue
ReimbursementRevenue
40528000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
48600000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
367984000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2352635000
us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Derivative Financial Instruments</i></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Our derivative financial instruments consist of foreign currency forward exchange, or FOREX, contracts which we may designate as cash flow hedges. In accordance with GAAP, each derivative contract is stated in the balance sheet at its fair value with gains and losses reflected in the income statement except that, to the extent the derivative qualifies for and is designated as an accounting hedge, the gains and losses are reflected in income in the same period as offsetting gains and losses on the qualifying hedged positions. Designated hedges are expected to be highly effective, and therefore, adjustments to record the carrying value of the effective portion of our derivative financial instruments to their fair value are recorded as a component of &#x201C;Accumulated other comprehensive gain (loss),&#x201D; or AOCGL, in our Consolidated Balance Sheets. The effective portion of the cash flow hedge will remain in AOCGL until it is reclassified into earnings in the period or periods during which the hedged transaction affects earnings or it is determined that the hedged transaction will not occur. We report such realized gains and losses as a component of &#x201C;Contract drilling, excluding depreciation&#x201D; expense in our Consolidated Statements of Operations to offset the impact of foreign currency fluctuations in our expenditures in local foreign currencies in the countries in which we operate.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Adjustments to record the carrying value of the ineffective portion of our derivative financial instruments to fair value and realized gains or losses upon settlement of derivative contracts not designated as cash flow hedges are reported as &#x201C;Foreign currency transaction gain (loss)&#x201D; in our Consolidated Statements of Operations. See Notes 5 and 6.</font></p> </div>
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
79285000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2075106000
do Cash Payments Of Capital Expenditures Accrued In Prior Year
CashPaymentsOfCapitalExpendituresAccruedInPriorYear
37300000
do Deductible For Marine Liability Coverage Including Personal Injury Claims Per First Occurrence
DeductibleForMarineLiabilityCoverageIncludingPersonalInjuryClaimsPerFirstOccurrence
10000000
do Gain Loss On Foreign Currency Forward Exchange Contracts
GainLossOnForeignCurrencyForwardExchangeContracts
-5692000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Use of Estimates in the Preparation of Financial Statements</i></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimated.</font></p> </div>
us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
39351000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
68711000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
7029000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
136937000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1009598000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4024000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
56000
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
6000
do Debt To Equity Ratio
DebtToEquityRatio
0.60 pure
do Initial Term Of Contracts Maximum Months
InitialTermOfContractsMaximumMonths
P60M
do Initial Term Of Contracts Minimum Months
InitialTermOfContractsMinimumMonths
P2M
do Interest On Internal Revenue Service Assessment
InterestOnInternalRevenueServiceAssessment
200000
do Interest Expense Non Operating
InterestExpenseNonOperating
36780000
do Net Profits Interest Percent
NetProfitsInterestPercent
0.27 pure
do Notional Amount Of Foreign Currency Contacts Settled
NotionalAmountOfForeignCurrencyContactsSettled
236300000
do Number Of Rigs Not Subject To Impairment Sold
NumberOfRigsNotSubjectToImpairmentSold
4 Rigs
do Period Considered To Treat Short Term Highly Liquid Investments As Cash Equivalents
PeriodConsideredToTreatShortTermHighlyLiquidInvestmentsAsCashEquivalents
Three months or less
do Proceeds From Settlement Of Foreign Currency Forward Exchange Contracts Designated As Accounting Hedges
ProceedsFromSettlementOfForeignCurrencyForwardExchangeContractsDesignatedAsAccountingHedges
-5692000
do Range Of Deductible For Liability Coverage For Personal Injury Claims Lower Limit
RangeOfDeductibleForLiabilityCoverageForPersonalInjuryClaimsLowerLimit
5000000
do Range Of Deductible For Liability Coverage For Personal Injury Claims Upper Limit
RangeOfDeductibleForLiabilityCoverageForPersonalInjuryClaimsUpperLimit
100000000
do Reserve For Bad Debts Recovered Recorded In Prior Period
ReserveForBadDebtsRecoveredRecordedInPriorPeriod
1000000
do Reduction In Assumed Dayrates For Cold Stacked Rigs
ReductionInAssumedDayratesForColdStackedRigs
0.05 pure
do Sum And Probability Of Occurrence Scenarios
SumAndProbabilityOfOccurrenceScenarios
1.00 pure
do Revolving Credit Agreement Term Number Of Years
RevolvingCreditAgreementTermNumberOfYears
5 Year
do Reversal Of Penalty Related To Uncertain Tax Position
ReversalOfPenaltyRelatedToUncertainTaxPosition
200000
do Reversal Of Interest Accrual Related To Uncertain Tax Position
ReversalOfInterestAccrualRelatedToUncertainTaxPosition
2600000
CY2012Q3 do Total Water Depths In Feet For Moored Semisubmersible Rig
TotalWaterDepthsInFeetForMooredSemisubmersibleRig
6000 sqft
CY2011 do Amount Of Trade Accounts Receivable Written Off Against Allowance For Doubtful Accounts
AmountOfTradeAccountsReceivableWrittenOffAgainstAllowanceForDoubtfulAccounts
18400000
CY2011 do Amount Capitalized For Asset Replacements And Betterments
AmountCapitalizedForAssetReplacementsAndBetterments
269500000
CY2011Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-136000
CY2011Q3 us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
861511000
CY2011Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2024000
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139027000 shares
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
334849000
CY2011Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
463000
CY2011Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4734000
CY2011Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
14000 shares
CY2011Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-3115000
CY2011Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
19000
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
350277000
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14390000
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.85
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
256854000
CY2011Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1400000
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13476000
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139053000 shares
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
23000 shares
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
181173000
CY2011Q3 us-gaap Costs And Expenses
CostsAndExpenses
527900000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.85
CY2011Q3 us-gaap Contract Revenue Cost
ContractRevenueCost
391369000
CY2011Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.875
CY2011Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14879000
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139041000 shares
CY2011Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
14000 shares
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
242464000
CY2011Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1550000000
CY2011Q3 us-gaap Revenues
Revenues
878177000
CY2011Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1442000
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77995000
CY2011Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-55000
CY2011Q3 us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
101175000
CY2011Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
20364000
CY2011Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-4490000
CY2011Q3 us-gaap Reimbursement Revenue
ReimbursementRevenue
16666000
CY2011Q3 us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
16206000
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-11221000
CY2011Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
1000
CY2011Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
1000
CY2011Q3 do Interest Expense Non Operating
InterestExpenseNonOperating
15874000
CY2011Q3 do Reserve For Bad Debts Recovered Recorded In Prior Period
ReserveForBadDebtsRecoveredRecordedInPriorPeriod
1000000
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-168000
CY2012Q3 us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
714027000
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
773000
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139030000 shares
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
234847000
CY2012Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
208000
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
23000 shares
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
1868000
CY2012Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
56000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
244822000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2987000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
178186000
CY2012Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1900000
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
484319000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
CY2012Q3 us-gaap Contract Revenue Cost
ContractRevenueCost
357281000
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.875
CY2012Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
675000000
CY2012Q3 us-gaap Revenues
Revenues
729141000
CY2012Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1860000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56661000
CY2012Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
29000
CY2012Q3 us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
99207000
CY2012Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
19145000
CY2012Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-10425000
CY2012Q3 us-gaap Reimbursement Revenue
ReimbursementRevenue
15114000
CY2012Q3 us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
14563000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1118000
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-28000
CY2012Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
1000
CY2012Q3 do Interest Expense Non Operating
InterestExpenseNonOperating
8720000

Files In Submission

Name View Source Status
0001193125-12-435123-index-headers.html Edgar Link pending
0001193125-12-435123-index.html Edgar Link pending
0001193125-12-435123.txt Edgar Link pending
0001193125-12-435123-xbrl.zip Edgar Link pending
d400166d10q.htm Edgar Link pending
d400166dex311.htm Edgar Link pending
d400166dex312.htm Edgar Link pending
d400166dex321.htm Edgar Link pending
do-20120930.xml Edgar Link completed
do-20120930.xsd Edgar Link pending
do-20120930_cal.xml Edgar Link unprocessable
do-20120930_def.xml Edgar Link unprocessable
do-20120930_lab.xml Edgar Link unprocessable
do-20120930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending