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Significant Accounting Policies (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Y
D
M
Dec. 31, 2010
Dec. 31, 2009
Significant Accounting Policies      
Equity in earnings of unconsolidated affiliates $ 18 $ 8 $ 6
Carrying amounts of investments in and advances to unconsolidated affiliates 1 19  
Business combination      
Period from date of acquisition for completion of assessments of fair values of acquired assets and liabilities (in years) 1    
Contract drilling intangible revenues      
Contract drilling intangible revenues 45 98 281
Share-based compensation expense      
Number of trading days considered for calculation of average stock price 30    
Share-based compensation expense 95 102 81
Income tax benefit on share-based compensation expense 16 13 11
Capitalized interest      
Capitalized interest costs on construction work in progress 39 89 182
Foreign currency      
Net foreign currency exchange loss (99) 1 (33)
Cash and cash equivalents      
Maximum period within which restriction is expected to expire for classifying restricted cash and investment as current assets (in years) 1    
Minimum period after which restriction is expected to expire for classifying restricted cash and investment as other assets (in years) 1    
Maximum term of original maturity to classify instruments as cash and cash equivalents (in months) 3    
Restricted cash investments 928 47  
Restricted cash investments classified in other current assets 182    
Restricted cash investments classified in other assets 746    
Allowance for doubtful accounts      
Allowance for doubtful accounts 28 38  
Materials and supplies      
Allowance for obsolescence on materials and supplies 73 70  
Assets held for sale      
Assets held for sale, maximum   1  
Assets held for sale, included in current assets 26    
Property and equipment      
Property and equipment as a percentage of total assets (as a percent) 64.00%    
Depreciation and Amortization (1,449) (1,536) (1,433)
Earnings (loss) from continuing operations (in dollars per share) $ (18.40) $ 2.88 $ 9.92
Drilling rig units
     
Property and equipment      
Number of rigs for which useful life was adjusted 2 5 10
Drilling rig units | Service life
     
Property and equipment      
Depreciation and Amortization $ 2 $ 23 $ 23
Earnings (loss) from continuing operations (in dollars per share) $ (0.01) $ (0.07) $ (0.07)
Drilling rig units | Maximum
     
Property and equipment      
Estimated original useful life (in years) 35    
Estimated useful life before adjustment (in years) 30 36 35
Estimated useful life after adjustment (in years) 38 39 50
Drilling rig units | Minimum
     
Property and equipment      
Estimated original useful life (in years) 18    
Estimated useful life before adjustment (in years) 20 20 30
Estimated useful life after adjustment (in years) 23 25 33
Buildings and improvements | Maximum
     
Property and equipment      
Estimated original useful life (in years) 30    
Buildings and improvements | Minimum
     
Property and equipment      
Estimated original useful life (in years) 10    
Machinery and equipment | Maximum
     
Property and equipment      
Estimated original useful life (in years) 12    
Machinery and equipment | Minimum
     
Property and equipment      
Estimated original useful life (in years) 4