XML 56 R56.htm IDEA: XBRL DOCUMENT v2.3.0.15
Contingencies (Details) (USD $)
9 Months Ended
Sep. 30, 2011
M
subsidiary
note
jurisdiction
employee
lawsuit
DrillingUnits
reduction
plaintiff
Y
VIE
Jan. 27, 2011
insurer
Dec. 31, 2010
DrillingUnits
subsidiary
Jun. 30, 2010
lawsuit
Jun. 21, 2010
States
May 05, 2010
States
Apr. 22, 2010
person
mile
Sep. 30, 2006
subsidiary
Jul. 11, 2005
landowner
defendant
subsidiary
Macondo well incident         
Number of persons declared dead      11  
Number of miles Deepwater Horizon was off coast of Louisiana      41  
Liability recorded based on probable losses related to the rig explosion and fire incident$ 204,000,000 $ 135,000,000      
Portion of liability related to the rig explosion and fire incident recoverable from insurance and recognized as a receivable184,000,000 94,000,000      
Percentage of non-operating interest of Anadarko in the Macondo well25.00%        
Percentage of non-operating interest of MOEX in the Macondo well10.00%        
Minimum number of subsidiaries entities named in numerous complaints that allege wrongful death and other personal injuries1        
Number of complaints filed in state and federal courts in Louisiana and Texas involving multiple plaintiffs that allege wrongful death and other personal injuries arising out of the Macondo well incident13        
Number of individual complaints filed alleging, among other things, economic losses as a result of environmental pollution arising out of the Macondo well incident97        
Number of putative class action complaints filed alleging, among other things, economic losses as a result of environmental pollution arising out of the Macondo well incident191        
Number of federal securities law class actions filed2        
Number of federal securities law class actions filed which generally allege violations of Section 10(b) of the Securities Exchange Act of 1934 (in counts)1        
Number of shareholder derivative suits filed   2     
Number of Gulf Coast states Attorneys General seeking recovery of clean up costs and damages     5   
Number of Atlantic Coast states Attorneys General wanting assurances of financial responsibility for potential damages    11    
Percentage of asset value covered by wreck removal insurance25.00%        
Asset value covered by wreck removal insurance140,000,000        
Amount agreed to indemnify and defend operator of rig15,000,000        
Insurance coverage         
Insured status under excess liability insurance program      950,000,000  
Deductible amount under excess liability insurance program      15,000,000  
Amount covered by self insured layer of excess liability insurance program      50,000,000  
Amount covered by first layer of excess liability insurance program      150,000,000  
Amount covered by second layer of excess liability insurance program      150,000,000  
Amount covered by third layer of excess liability insurance program      200,000,000  
Amount covered by fourth layer of excess liability insurance program      200,000,000  
Amount covered by fifth layer of excess liability insurance program      250,000,000  
Asbestos litigation         
Number of complaints filed in 2004 in Mississippi regarding asbestos litigation21        
Number of plaintiffs covered by complaints filed in 2004 in Mississippi regarding asbestos litigation769        
Number of subsidiaries named as a direct defendant in amended asbestos complaints1        
Number of cases filed under amended complaint in Mississippi regarding asbestos litigation7        
Number of additional cases in which there may be an indirect interest regarding asbestos litigation12        
Number of subsidiaries involved in lawsuits arising from design, construction and refurbishment of major industrial complexes1        
Number of lawsuits alleging personal injury from asbestos exposure for subsidiary involved in design, construction and refurbishment of major industrial complexes996        
Estimated number of plaintiffs in lawsuits alleging personal injury from asbestos exposure for subsidiary involved in design, construction and refurbishment of major industrial complexes2,117        
Insurance limits potentially available for damages in lawsuits regarding personal injury from asbestos exposure for subsidiary involved in design, construction and refurbishment of major industrial1,000,000,000        
Rio de Janeiro Tax Assessment         
Tax assessment from state tax authorities of Rio de Janeiro in Brazil       181,000,000 
Number of subsidiaries involved in Rio de Janeiro federal tax assessment relating to import license       1 
Brazilian import license assessment         
Number of subsidiaries involved in Rio de Janeiro federal tax assessment relating to import license  1      
Tax assessment from federal tax authorities of Rio de Janeiro in Brazil relating to import license  235,000,000      
Reduced tax assessment by lower court of Rio de Janeiro in Brazil relating to import license  15,000,000      
Hazardous waste disposal sites         
Percentage of liability for remediation and related costs from hazardous waste disposal site8.00%        
Number of subsidiaries ordered by California Regional Water Quality Control Board to develop testing plan for Alhambra, California site1        
Minimum number of subsidiaries likely to be named potentially responsible party by US Environmental Protection Agency for superfund site1        
Contamination litigation         
Number of subsidiaries served with a lawsuit alleging property contamination in Louisiana        1
Number of landowners who filed a lawsuit alleging property contamination in Louisiana        3
Number of other defendants involved in lawsuit alleging property contamination in Louisiana        19
Amount claimed by plaintiffs' experts as required remediation costs for property contamination in Louisiana300,000,000        
Amount claimed by defendants' experts as required remediation costs for property contamination in Louisiana2,500,000        
Number of additional subsidiaries plaintiff attempted to add as defendant for lawsuit alleging property contamination in Louisiana2        
Amount of settlement by codefendant for property contamination in Louisiana20,000,000        
Number of insurers which filed pleadings to move lawsuit to United States District Court 1       
Retained risk         
Term of policy for commercial market and captive insurance policies (in months)12        
Aggregate value of drilling rig fleet35,000,000,000        
Per occurrence insurance deductible on hull and machinery125,000,000        
Maximum aggregate insurance deductible on hull and machinery per year250,000,000        
Percentage of asset value covered by damage mitigation insurance25.00%        
Commercial market excess liability coverage793,000,000        
Excess liability coverage through wholly-owned captive insurance company157,000,000        
Re-insured portion of excess liability coverage through wholly-owned captive insurance company25,000,000        
Aggregate excess liability coverage950,000,000        
Per occurrence deductible on aggregate excess liability coverage50,000,000        
Per occurrence deductible on crew personal injury liability and collision liability claims10,000,000        
Per occurrence deductible on other third-party non-crew claims5,000,000        
Aggregate per occurrence deductible on other third party non-crew claims50,000,000        
Liability loss limit for commercial market excess liability coverage1,000,000,000        
Additional insurance that covers expenses that would otherwise be assumed by the well owner100,000,000        
Maximum liability amount for well control and re-drilling liability related to blowouts50,000,000        
Letters of credit and surety bonds         
Letters of credit outstanding1,800,000,000 595,000,000      
Amount of letter of credit issued on behalf of TPDI60,000,000        
Number of subsidiaries that established the letter of credit on behalf of TPDI1        
Surety bonds outstanding21,000,000 27,000,000      
Bank Guarantee for remaining outstanding shares in business combination$ 1,300,000,000