XML 74 R63.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Details) (USD $)
Mar. 31, 2014
Dec. 31, 2013
Mar. 31, 2013
Dec. 31, 2012
Current assets:        
Cash and cash equivalents $ 326,881,000 $ 389,915,000 $ 564,888,000 $ 524,922,000
Short-term investments 97,886,000 117,218,000    
Assets held for sale 231,880,000 243,264,000    
Accounts receivable, net 1,454,368,000 1,399,543,000    
Inventory 194,371,000 209,793,000    
Deferred income taxes 133,667,000 121,316,000    
Other current assets 252,215,000 272,781,000    
Total current assets 2,691,268,000 2,753,830,000    
Long-term investments 2,915,000 3,236,000    
Property, plant and equipment, net 8,690,759,000 8,597,813,000    
Goodwill 512,391,000 512,964,000    
Investment in unconsolidated affiliates 63,069,000 64,260,000    
Other long-term assets 226,671,000 227,708,000    
Total assets 12,187,073,000 12,159,811,000    
Current liabilities:        
Current portion of debt 5,296,000 10,185,000    
Trade accounts payable 631,015,000 545,512,000    
Accrued liabilities 584,748,000 697,093,000    
Income taxes payable 17,083,000 58,634,000    
Total current liabilities 1,238,142,000 1,311,424,000    
Long-term debt 3,812,476,000 3,904,117,000    
Other long-term liabilities 569,993,000 377,744,000    
Deferred income taxes 526,005,000 516,161,000    
Total liabilities 6,146,616,000 6,109,446,000    
Subsidiary preferred stock 69,188,000 69,188,000    
Shareholders' equity 5,960,469,000 5,969,086,000    
Noncontrolling interest 10,800,000 12,091,000    
Total equity 5,971,269,000 5,981,177,000 5,984,685,000 5,957,117,000
Total liabilities and equity 12,187,073,000 12,159,811,000    
Nabors (Parent/Guarantor)
       
Current assets:        
Cash and cash equivalents 892,000 730,000 946,000 1,639,000
Accounts receivable, net   27,000    
Other current assets 50,000 50,000    
Total current assets 942,000 807,000    
Current liabilities:        
Trade accounts payable 150,000 86,000    
Accrued liabilities 328,000 378,000    
Total current liabilities 478,000 464,000    
Nabors Delaware (Issuer)
       
Current assets:        
Cash and cash equivalents 4,000 7,029,000 22,090,000 106,778,000
Other current assets 30,214,000 26,378,000    
Total current assets 30,218,000 33,407,000    
Property, plant and equipment, net 32,944,000 33,815,000    
Other long-term assets 32,630,000 34,487,000    
Current liabilities:        
Trade accounts payable 2,000 25,000    
Accrued liabilities 18,094,000 65,947,000    
Total current liabilities 18,096,000 65,972,000    
Long-term debt 3,804,956,000 3,904,059,000    
Other long-term liabilities 30,142,000 31,071,000    
Deferred income taxes (237,076,000) (213,233,000)    
Other Subsidiaries (Non-Guarantors)
       
Current assets:        
Cash and cash equivalents 325,985,000 382,156,000 541,852,000 416,505,000
Short-term investments 97,886,000 117,218,000    
Assets held for sale 231,880,000 243,264,000    
Accounts receivable, net 1,454,368,000 1,399,516,000    
Inventory 194,371,000 209,793,000    
Deferred income taxes 133,667,000 121,316,000    
Other current assets 221,951,000 246,353,000    
Total current assets 2,660,108,000 2,719,616,000    
Long-term investments 2,915,000 3,236,000    
Property, plant and equipment, net 8,657,815,000 8,563,998,000    
Goodwill 512,391,000 512,964,000    
Other long-term assets 194,041,000 193,221,000    
Current liabilities:        
Current portion of debt 5,296,000 10,185,000    
Trade accounts payable 630,863,000 545,401,000    
Accrued liabilities 566,326,000 630,768,000    
Income taxes payable 17,083,000 58,634,000    
Total current liabilities 1,219,568,000 1,244,988,000    
Long-term debt 7,520,000 58,000    
Other long-term liabilities 539,851,000 346,673,000    
Deferred income taxes 763,081,000 729,394,000    
Subsidiary preferred stock 69,188,000 69,188,000    
Noncontrolling interest 10,800,000 12,091,000    
Reportable Legal Entities | Nabors (Parent/Guarantor)
       
Current assets:        
Intercompany receivables 153,352,000 160,136,000    
Investment in consolidated affiliates 5,806,653,000 5,808,607,000    
Total assets 5,960,947,000 5,969,550,000    
Current liabilities:        
Total liabilities 478,000 464,000    
Shareholders' equity 5,960,469,000 5,969,086,000    
Total equity 5,960,469,000 5,969,086,000    
Total liabilities and equity 5,960,947,000 5,969,550,000    
Reportable Legal Entities | Nabors Delaware (Issuer)
       
Current assets:        
Intercompany receivables   3,891,000    
Investment in consolidated affiliates 6,088,501,000 6,097,337,000    
Total assets 6,184,293,000 6,202,937,000    
Current liabilities:        
Intercompany payable 1,940,745,000 1,747,566,000    
Total liabilities 5,556,863,000 5,535,435,000    
Shareholders' equity 627,430,000 667,502,000    
Total equity 627,430,000 667,502,000    
Total liabilities and equity 6,184,293,000 6,202,937,000    
Reportable Legal Entities | Other Subsidiaries (Non-Guarantors)
       
Current assets:        
Intercompany receivables 1,787,393,000 1,583,539,000    
Investment in consolidated affiliates 1,749,780,000 1,789,851,000    
Investment in unconsolidated affiliates 63,069,000 64,260,000    
Total assets 15,627,512,000 15,430,685,000    
Current liabilities:        
Total liabilities 2,530,020,000 2,321,113,000    
Shareholders' equity 13,017,504,000 13,028,293,000    
Total equity 13,028,304,000 13,040,384,000    
Total liabilities and equity 15,627,512,000 15,430,685,000    
Consolidating Adjustments
       
Current assets:        
Intercompany receivables (1,940,745,000) (1,747,566,000)    
Investment in consolidated affiliates (13,644,934,000) (13,695,795,000)    
Total assets (15,585,679,000) (15,443,361,000)    
Current liabilities:        
Intercompany payable (1,940,745,000) (1,747,566,000)    
Total liabilities (1,940,745,000) (1,747,566,000)    
Shareholders' equity (13,644,934,000) (13,695,795,000)    
Total equity (13,644,934,000) (13,695,795,000)    
Total liabilities and equity $ (15,585,679,000) $ (15,443,361,000)