Condensed Consolidating Financial Information (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Consolidating Financial Information

Condensed Consolidating Balance Sheets

	December 31, 2017
					Other
	Nabors			Nabors	Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	1,091	$	44	$	335,862	$	—	$	336,997
Short-term investments		—		—		28,369		—		28,369
Accounts receivable, net		—		—		698,477		—		698,477
Inventory, net		—		—		166,307		—		166,307
Assets held for sale		—		—		37,052		—		37,052
Other current assets		50		56		180,028		—		180,134
Total current assets		1,141		100		1,446,095		—		1,447,336
Property, plant and equipment, net		—		—		6,109,565		—		6,109,565
Goodwill		—		—		173,226		—		173,226
Intercompany receivables		133,602		481,092		—		(614,694)		—
Investment in consolidated affiliates		2,799,320		5,531,799		3,799,933		(12,131,052)		—
Deferred income taxes		—		333,349		419,003		(333,349)		419,003
Other long-term assets		—		78		324,919		(72,143)		252,854
Total assets	$	2,934,063	$	6,346,418	$	12,272,741	$	(13,151,238)	$	8,401,984
	LIABILITIES AND EQUITY
Current liabilities:
Current portion of debt	$	—	$	—	$	181	$	—	$	181
Trade accounts payable		147		124		363,145		—		363,416
Accrued liabilities		21,100		67,760		444,184		—		533,044
Income taxes payable		—		—		22,835		—		22,835
Total current liabilities		21,247		67,884		830,345		—		919,476
Long-term debt		—		4,099,909		—		(72,143)		4,027,766
Other long-term liabilities		—		16,284		285,349		—		301,633
Deferred income taxes		—		—		343,687		(333,349)		10,338
Intercompany payable		1,000		—		613,694		(614,694)		—
Total liabilities		22,247		4,184,077		2,073,075		(1,020,186)		5,259,213
Redeemable noncontrolling interest in subsidiary		—		—		203,998		—		203,998
Shareholders’ equity		2,911,816		2,162,341		9,968,711		(12,131,052)		2,911,816
Noncontrolling interest		—		—		26,957		—		26,957
Total equity		2,911,816		2,162,341		9,995,668		(12,131,052)		2,938,773
Total liabilities and equity	$	2,934,063	$	6,346,418	$	12,272,741	$	(13,151,238)	$	8,401,984

	December 31, 2016
					Other
	Nabors		Nabors		Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	1,148	$	10,177	$	252,768	$	—	$	264,093
Short-term investments		—		—		31,109		—		31,109
Accounts receivable, net		—		—		508,355		—		508,355
Inventory, net		—		—		103,595		—		103,595
Assets held for sale		—		—		76,668		—		76,668
Other current assets		50		22,209		149,760		—		172,019
Total current assets		1,198		32,386		1,122,255		—		1,155,839
Property, plant and equipment, net		—		—		6,267,583		—		6,267,583
Goodwill		—		—		166,917		—		166,917
Intercompany receivables		142,448		—		1,342,942		(1,485,390)		—
Investment in consolidated affiliates		3,170,254		4,830,572		1,083,948		(9,084,774)		—
Deferred tax assets		—		443,049		366,586		(443,049)		366,586
Other long-term assets		—		344		447,962		(218,216)		230,090
Total assets	$	3,313,900	$	5,306,351	$	10,798,193	$	(11,231,429)	$	8,187,015
	LIABILITIES AND EQUITY
Current liabilities:
Current portion of debt	$	—	$	—	$	297	$	—	$	297
Trade accounts payable		205		8		264,365		—		264,578
Accrued liabilities		20,669		65,246		457,333		—		543,248
Income taxes payable		—		—		13,811		—		13,811
Total current liabilities		20,874		65,254		735,806		—		821,934
Long-term debt		—		3,796,550		—		(218,215)		3,578,335
Other long-term liabilities		—		22,659		499,797		—		522,456
Deferred income taxes		—		—		452,544		(443,049)		9,495
Intercompany payable		46,000		1,439,390		—		(1,485,390)		—
Total liabilities		66,874		5,323,853		1,688,147		(2,146,654)		4,932,220
Shareholders’ equity		3,247,026		(17,502)		9,102,276		(9,084,775)		3,247,025
Noncontrolling interest		—		—		7,770		—		7,770
Total equity		3,247,026		(17,502)		9,110,046		(9,084,775)		3,254,795
Total liabilities and equity	$	3,313,900	$	5,306,351	$	10,798,193	$	(11,231,429)	$	8,187,015

Condensed Consolidating Statements of Income (Loss)

	Year Ended December 31, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	2,564,285	$	—	$	2,564,285
Earnings (losses) from unconsolidated affiliates		—		—		7		—		7
Earnings (losses) from consolidated affiliates		(528,180)		18,380		(343,233)		853,033		—
Investment income (loss)		17		63		13,031		(11,917)		1,194
Total revenues and other income		(528,163)		18,443		2,234,090		841,116		2,565,486
Costs and other deductions:
Direct costs		—		—		1,718,069		—		1,718,069
General and administrative expenses		10,995		715		240,139		(665)		251,184
Research and engineering		—		—		51,069		—		51,069
Depreciation and amortization		—		125		842,818		—		842,943
Interest expense		—		232,103		(9,214)		—		222,889
Impairments and other charges		—		—		44,536		—		44,536
Other, net		7,662		19,033		(12,480)		665		14,880
Intercompany interest expense		(9)		—		9		—		—
Total costs and other deductions		18,648		251,976		2,874,946		—		3,145,570
Income (loss) from continuing operations before income taxes		(546,811)		(233,533)		(640,856)		841,116		(580,084)
Income tax expense (benefit)		—		109,700		(192,670)		—		(82,970)
Income (loss) from continuing operations, net of tax		(546,811)		(343,233)		(448,186)		841,116		(497,114)
Income (loss) from discontinued operations, net of tax		—		—		(43,519)		—		(43,519)
Net income (loss)		(546,811)		(343,233)		(491,705)		841,116		(540,633)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(6,178)		—		(6,178)
Net income (loss) attributable to Nabors	$	(546,811)	$	(343,233)	$	(497,883)	$	841,116	$	(546,811)

	Year Ended December 31, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	2,227,839	$	—	$	2,227,839
Earnings (losses) from unconsolidated affiliates		—		—		(221,914)		—		(221,914)
Earnings (losses) from consolidated affiliates		(1,017,338)		(231,960)		(359,751)		1,609,049		—
Investment income (loss)		2		132		12,972		(11,923)		1,183
Intercompany interest income (loss)		—		569		—		(569)		—
Total revenues and other income		(1,017,336)		(231,259)		1,659,146		1,596,557		2,007,108
Costs and other deductions:
Direct costs		—		—		1,344,298		—		1,344,298
General and administrative expenses		10,559		603		217,333		(856)		227,639
Research and engineering		—		—		33,582		—		33,582
Depreciation and amortization		—		124		871,507		—		871,631
Interest expense		—		204,010		(18,650)		—		185,360
Impairments and other charges		1,366		—		497,133		—		498,499
Other, net		482		(14)		42,850		856		44,174
Intercompany interest expense		(1)		—		570		(569)		—
Total costs and other deductions		12,406		204,723		2,988,623		(569)		3,205,183
Income (loss) from continuing operations before income taxes		(1,029,742)		(435,982)		(1,329,477)		1,597,126		(1,198,075)
Income tax expense (benefit)		—		(76,231)		(110,600)		—		(186,831)
Income (loss) from continuing operations, net of tax		(1,029,742)		(359,751)		(1,218,877)		1,597,126		(1,011,244)
Income (loss) from discontinued operations, net of tax		—		—		(18,363)		—		(18,363)
Net income (loss)		(1,029,742)		(359,751)		(1,237,240)		1,597,126		(1,029,607)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(135)		—		(135)
Net income (loss) attributable to Nabors	$	(1,029,742)	$	(359,751)	$	(1,237,375)	$	1,597,126	$	(1,029,742)

	Year Ended December 31, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	3,864,437	$	—	$	3,864,437
Earnings (losses) from unconsolidated affiliates		—		—		(75,081)		—		(75,081)
Earnings (losses) from consolidated affiliates		(351,407)		(41,826)		(164,697)		557,930		—
Investment income (loss)		—		584		11,666		(9,942)		2,308
Intercompany interest income		—		6,452		—		(6,452)		—
Total revenues and other income		(351,407)		(34,790)		3,636,325		541,536		3,791,664
Costs and other deductions:
Direct costs		—		—		2,371,436		—		2,371,436
General and administrative expenses		8,768		1		316,119		(560)		324,328
Research and engineering		—		—		41,253		—		41,253
Depreciation and amortization		—		705		969,754		—		970,459
Interest expense		(1)		201,364		(19,435)		—		181,928
Impairments and other charges		—		—		368,967		—		368,967
Other, net		12,469		—		(52,201)		560		(39,172)
Intercompany interest expense		32		—		6,420		(6,452)		—
Total costs and other deductions		21,268		202,070		4,002,313		(6,452)		4,219,199
Income (loss) from continuing operations before income taxes		(372,675)		(236,860)		(365,988)		547,988		(427,535)
Income tax expense (benefit)		—		(72,163)		(25,875)		—		(98,038)
Income (loss) from continuing operations, net of tax		(372,675)		(164,697)		(340,113)		547,988		(329,497)
Income (loss) from discontinued operations, net of tax		—		—		(42,797)		—		(42,797)
Net income (loss)		(372,675)		(164,697)		(382,910)		547,988		(372,294)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(381)		—		(381)
Net income (loss) attributable to Nabors	$	(372,675)	$	(164,697)	$	(383,291)	$	547,988	$	(372,675)

Condensed Consolidating Statements of Comprehensive Income (Loss)

	Year Ended December 31, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(546,811)	$	(343,233)	$	(497,883)	$	841,116	$	(546,811)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors		28,372		—		28,372		(28,372)		28,372
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		(6,061)		—		(6,061)		6,061		(6,061)
Less: reclassification adjustment for (gains) losses included in net income (loss)		970		—		970		(970)		970
Unrealized gains (losses) on marketable securities		(5,091)		—		(5,091)		5,091		(5,091)
Pension liability amortization and adjustment		(275)		(275)		(550)		825		(275)
Unrealized gains (losses) and amortization on cash flow hedges		613		613		613		(1,226)		613
Other comprehensive income (loss) before tax		23,619		338		23,344		(23,682)		23,619
Income tax expense (benefit) related to items of other comprehensive income (loss)		315		315		630		(945)		315
Other comprehensive income (loss), net of tax		23,304		23		22,714		(22,737)		23,304
Comprehensive income (loss) attributable to Nabors		(523,507)		(343,210)		(475,169)		818,379		(523,507)
Net income (loss) attributable to noncontrolling interest		—		—		6,178		—		6,178
Translation adjustment attributable to noncontrolling interest		—		—		282		—		282
Comprehensive income (loss) attributable to noncontrolling interest		—		—		6,460		—		6,460
Comprehensive income (loss)	$	(523,507)	$	(343,210)	$	(468,709)	$	818,379	$	(517,047)

	Year Ended December 31, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(1,029,742)	$	(359,751)	$	(1,237,375)	$	1,597,126	$	(1,029,742)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors		17,743		(21)		17,743		(17,722)		17,743
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		11,054		—		11,054		(11,054)		11,054
Less: reclassification adjustment for (gains) losses included in net income (loss)		3,495		—		3,495		(3,495)		3,495
Unrealized gains (losses) on marketable securities		14,549		—		14,549		(14,549)		14,549
Pension buyout		3,059		3,059		6,118		(9,177)		3,059
Pension liability amortization and adjustment		1,061		1,061		2,122		(3,183)		1,061
Unrealized gains (losses) and amortization on cash flow hedges		613		613		613		(1,226)		613
Other comprehensive income (loss) before tax		37,025		4,712		41,145		(45,857)		37,025
Income tax expense (benefit) related to items of other comprehensive income (loss)		1,551		1,551		3,102		(4,653)		1,551
Other comprehensive income (loss), net of tax		35,474		3,161		38,043		(41,204)		35,474
Comprehensive income (loss) attributable to Nabors		(994,268)		(356,590)		(1,199,332)		1,555,922		(994,268)
Net income (loss) attributable to noncontrolling interest		—		—		135		—		135
Translation adjustment attributable to noncontrolling interest		—		—		251		—		251
Comprehensive income (loss) attributable to noncontrolling interest		—		—		386		—		386
Comprehensive income (loss)	$	(994,268)	$	(356,590)	$	(1,198,946)	$	1,555,922	$	(993,882)

	Year Ended December 31, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(372,675)	$	(164,697)	$	(383,291)	$	547,988	$	(372,675)
Other comprehensive income (loss) before tax
Translation adjustment attributable to Nabors:
Unrealized gain (loss) on translation adjustment		(116,239)		67		(116,172)		116,105		(116,239)
Less: reclassification adjustment for realized (gain) loss on translation adjustment		5,365		—		5,365		(5,365)		5,365
Translation adjustment attributable to Nabors		(110,874)		67		(110,807)		110,740		(110,874)
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		(15,310)		—		(15,310)		15,310		(15,310)
Less: reclassification adjustment for (gains) losses included in net income (loss)		—		—		—		—		—
Unrealized gains (losses) on marketable securities		(15,310)		—		(15,310)		15,310		(15,310)
Pension liability amortization and adjustment		1,104		1,104		2,208		(3,312)		1,104
Unrealized gains (losses) and amortization on cash flow hedges		613		613		613		(1,226)		613
Other comprehensive income (loss) before tax		(124,467)		1,784		(123,296)		121,512		(124,467)
Income tax expense (benefit) related to items of other comprehensive income (loss)		648		648		1,056		(1,704)		648
Other comprehensive income (loss), net of tax		(125,115)		1,136		(124,352)		123,216		(125,115)
Comprehensive income (loss) attributable to Nabors		(497,790)		(163,561)		(507,643)		671,204		(497,790)
Net income (loss) attributable to noncontrolling interest		—		—		381		—		381
Translation adjustment attributable to noncontrolling interest		—		—		(1,461)		—		(1,461)
Comprehensive income (loss) attributable to noncontrolling interest		—		—		(1,080)		—		(1,080)
Comprehensive income (loss)	$	(497,790)	$	(163,561)	$	(508,723)	$	671,204	$	(498,870)

Condensed Consolidating Statements of Cash Flows

	Year Ended December 31, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	143,444	$	(90,229)	$	142,527	$	(132,986)	$	62,756
Cash flows from investing activities:
Purchases of investments		—		—		(6,722)		—		(6,722)
Sales and maturities of investments		—		—		13,069		—		13,069
Cash paid for acquisitions of businesses, net of cash acquired		—		—		9,040		—		9,040
Cash paid for investments in consolidated affiliates		(100)		—		(85,960)		86,060		—
Capital expenditures		—		—		(574,467)		—		(574,467)
Proceeds from sales of assets and insurance claims		—		—		57,933		—		57,933
Change in intercompany balances		—		(599,974)		599,974		—		—
Other changes in investing		—		—		(856)		—		(856)
Net cash provided by (used for) investing activities		(100)		(599,974)		12,011		86,060		(502,003)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		(188)		—		(188)
Proceeds from issuance of long-term debt		—		411,200		—		—		411,200
Debt issuance costs		—		(11,043)		—		—		(11,043)
Proceeds from revolving credit facilities		—		725,000		—		—		725,000
Proceeds from parent contributions		—		42,980		43,080		(86,060)		—
Proceeds from (payments for) issuance of common shares		8,299		—		1		—		8,300
Purchase of capped call hedge transactions		—		(40,250)		—		—		(40,250)
Reduction of long-term debt		—		(270,269)		(111,545)		—		(381,814)
Dividends to shareholders		(80,419)		—		—		11,916		(68,503)
Proceeds from (payment for) commercial paper, net		—		40,000		—		—		40,000
Reduction in revolving credit facilities		—		(215,000)		—		—		(215,000)
Payments on term loan		—		(162,500)		—		—		(162,500)
Proceeds from (payments for) short-term borrowings		—		—		(543)		—		(543)
Cash proceeds from equity component of exchangeable debt		—		159,952		—		—		159,952
Proceeds from issuance of intercompany debt		57,000		20,000		(77,000)		—		—
Noncontrolling interest contribution		—		—		20,000		—		20,000
Paydown of intercompany debt		(102,000)		(20,000)		122,000		—		—
Distributions to Non-controlling interest		—		—		(7,272)		—		(7,272)
Distribution from subsidiary to parent		—		—		(121,070)		121,070		—
Repurchase of common shares		(18,071)		—		—		—		(18,071)
Redeemable noncontrolling interest contribution		—		—		61,123		—		61,123
Other changes		(8,210)		—		(1)		—		(8,211)
Net cash (used for) provided by financing activities		(143,401)		680,070		(71,415)		46,926		512,180
Effect of exchange rate changes on cash and cash equivalents		—		—		(29)		—		(29)
Net increase (decrease) in cash and cash equivalents		(57)		(10,133)		83,094		—		72,904
Cash and cash equivalents, beginning of period		1,148		10,177		252,768		—		264,093
Cash and cash equivalents, end of period	$	1,091	$	44	$	335,862	$	—	$	336,997

	Year Ended December 31, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	58,406	$	(233,738)	$	757,660	$	(50,423)	$	531,905
Cash flows from investing activities:
Purchases of investments		—		—		(24)		—		(24)
Sales and maturities of investments		—		—		739		—		739
Cash paid for acquisitions of businesses, net of cash acquired		—		—		(22,278)		—		(22,278)
Cash paid for investments in consolidated affiliates		—		(86,459)		(159,000)		245,459		—
Capital expenditures		—		—		(395,455)		—		(395,455)
Proceeds from sale of assets and insurance claims		—		—		34,831		—		34,831
Change in intercompany balances		—		103,384		(103,384)		—		—
Other		—		—		64		—		64
Net cash provided by (used for) investing activities		—		16,925		(644,507)		245,459		(382,123)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		3		—		3
Debt issuance costs		—		(11,520)		—		—		(11,520)
Proceeds from (payments for) issuance of common shares		967		—		—		—		967
Reduction in long-term debt		—		(350,000)		(143,612)		—		(493,612)
Dividends to shareholders		(59,866)		—		—		8,942		(50,924)
Proceeds from (payments for) commercial paper, net		—		(8,000)		—		—		(8,000)
Proceeds from issuance of intercompany debt		45,500		—		(45,500)		—		—
Proceeds from revolving credit facilities		—		610,000		1,500		—		611,500
Reduction in revolving credit facilities		—		(610,000)		(1,500)		—		(611,500)
Proceeds from issuance of long-term debt		—		600,000		—		—		600,000
Payments on term loan		—		(162,500)		—		—		(162,500)
Paydown of intercompany debt		(40,000)		—		40,000		—		—
Repurchase of common shares		—		—		(1,687)		—		(1,687)
Proceeds from (payments for) short-term borrowings		—		—		(6,211)		—		(6,211)
Proceeds from parent contributions		—		159,000		86,458		(245,458)		—
Payments on parent (Equity of N/P)		—		—		(41,480)		41,480		—
Other changes		(4,732)		—		—		—		(4,732)
Net cash (used for) provided by financing activities		(58,131)		226,980		(112,029)		(195,036)		(138,216)
Effect of exchange rate changes on cash and cash equivalents		—		—		(2,003)		—		(2,003)
Net increase (decrease) in cash and cash equivalents		275		10,167		(879)		—		9,563
Cash and cash equivalents, beginning of period		873		10		253,647		—		254,530
Cash and cash equivalents, end of period	$	1,148	$	10,177	$	252,768	$	—	$	264,093

	Year Ended December 31, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	39,478	$	(217,685)	$	1,066,026	$	(31,263)	$	856,556
Cash flows from investing activities:
Purchases of investments		—		—		(9)		—		(9)
Sales and maturities of investments		—		—		961		—		961
Proceeds from merger transaction		5,500		646,078		(1,528)		—		650,050
Cash paid for acquisition of businesses, net of cash acquired		—		—		(80,187)		—		(80,187)
Investment in unconsolidated affiliates		—		—		(445)		—		(445)
Capital expenditures		—		—		(867,106)		—		(867,106)
Proceeds from sales of assets and insurance claims		—		—		68,206		—		68,206
Changes in intercompany balances		—		135,518		(135,518)		—		—
Other		—		—		1,081		—		1,081
Net cash provided by (used for) investing activities		5,500		781,596		(1,014,545)		—		(227,449)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		645		—		645
Proceeds from short-term borrowings		—		—		318		—		318
Debt issuance costs		—		(1,847)		—		—		(1,847)
Proceeds from (payments for) issuance of common shares		1,296		—		—		—		1,296
Reduction in long-term debt		—		—		(27,478)		—		(27,478)
Proceeds from term loan		—		625,000		—		—		625,000
Payments on term loan		—		(300,000)		—		—		(300,000)
Dividends to shareholders		(79,304)		—		—		9,941		(69,363)
Proceeds from (payments for) commercial paper, net		—		(525,119)		—		—		(525,119)
Cash proceeds from non-controlling interest		—		—		3,972		—		3,972
Reduction in revolving credit facilities		—		(450,000)		—		—		(450,000)
Repurchase of common shares		—		—		(99,598)		—		(99,598)
Proceeds (issuance) of intercompany debt		67,500		88,058		(155,558)		—		—
Paydown of intercompany debt		(27,000)		—		27,000		—		—
Payments on parent (Equity of N/P)		—		—		(21,322)		21,322		—
Other		(7,767)		—		—		—		(7,767)
Net cash (used for) provided by financing activities		(45,275)		(563,908)		(272,021)		31,263		(849,941)
Effect of exchange rate changes on cash and cash equivalents		—		—		(25,785)		—		(25,785)
Net increase (decrease) in cash and cash equivalents		(297)		3		(246,325)		—		(246,619)
Cash and cash equivalents, beginning of period		1,170		7		499,972		—		501,149
Cash and cash equivalents, end of period	$	873	$	10	$	253,647	$	—	$	254,530