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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income (loss) attributable to Nabors $ 164,034 $ 243,679 $ 94,695
Adjustments to net income (loss):      
Depreciation and amortization 1,055,757 927,460 766,519
Depletion and other exploratory expenses 2,573 44,551 27,002
Deferred income tax expense (benefit) (145,147) (34,739) 55,964
Deferred financing costs amortization 4,294 5,107 5,431
Pension liability amortization and adjustments 1,064 818 664
Discount amortization on long-term debt 1,908 27,042 70,719
Amortization of loss on hedges 695 927 786
Impairments and other charges 311,541 460,971 260,931
Losses (gains) on long-lived assets, net (51,585) (51,945) (1,050)
Losses (gains) on investments, net (56,925) (12,486) 191
Losses (gains) on debt retirement, net   58 7,042
Losses (gains) on derivative instruments 103 234 2,471
Gains on acquisitions   (13,114)  
Share-based compensation 18,312 21,244 13,746
Foreign currency transaction losses (gains), net 4,819 5,725 17,880
Equity in (earnings) losses of unconsolidated affiliates, net of dividends 312,319 (132,388) (13,630)
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable 200,537 (459,455) (249,725)
Inventory 14,447 (114,896) (15,201)
Other current assets (42,743) (24,820) 6,589
Other long-term assets (38,468) 71,867 7,509
Trade accounts payable and accrued liabilities (223,199) 517,615 70,463
Income taxes payable (1,488) 999 (19,208)
Other long-term liabilities 29,857 (27,967) (2,804)
Net cash provided by operating activities 1,562,705 1,456,487 1,106,984
Cash flows from investing activities:      
Purchases of investments (949) (11,746) (34,147)
Sales and maturities of investments 31,944 39,063 34,613
Proceeds from sale of unconsolidated affiliates 159,529 142,984  
Cash paid for acquisition of businesses, net   (55,459) (733,630)
Investment in unconsolidated affiliates (1,325) (112,262) (40,936)
Capital expenditures (1,518,628) (2,042,617) (930,277)
Proceeds from sales of assets and insurance claims 149,801 180,558 31,072
Net cash used for investing activities (1,179,628) (1,859,479) (1,673,305)
Cash flows from financing activities:      
Increase (decrease) in cash overdrafts 1,612 6,375 (6,298)
Proceeds from issuance of long-term debt   697,578 696,948
Debt issuance costs (3,433) (7,141) (8,934)
Payments for hedge transactions     (5,667)
Proceeds from revolving credit facilities 710,000 1,560,000 600,000
Proceeds from (payments for) issuance of common shares (3,625) 11,605 8,201
Reduction in long-term debt (276,258) (1,404,281) (398,514)
Reduction in revolving credit facilities (680,000) (700,000) (600,000)
Repurchase of equity component of convertible debt   (12) (4,712)
Settlement of call options and warrants, net     1,134
Purchase of restricted stock (2,160) (2,626) (1,935)
Tax (expense) benefit related to share-based awards (263) 1,747 31
Net cash (used for) provided by financing activities (254,127) 163,245 280,254
Effect of exchange rate changes on cash and cash equivalents (2,603) (3,380) (46)
Net increase (decrease) in cash and cash equivalents 126,347 (243,127) (286,113)
Cash and cash equivalents, beginning of period 398,575 641,702 927,815
Cash and cash equivalents, end of period $ 524,922 $ 398,575 $ 641,702