Drilling Fleet (Tables)

9 Months Ended

Sep. 30, 2012

Drilling Fleet

Actual capital expenditures and other capital additions, including capitalized interest

	Nine months ended September 30,
	2012			2011
Construction work in progress, at beginning of period	$	1,360		$	1,450
Newbuild construction program
Transocean Ao Thai (a)	49			10
Deepwater Asgard (b)	40			—
Deepwater Invictus (b)	35			—
Transocean Honor (c)	35			83
Transocean Siam Driller (a)	32			72
Transocean Andaman (a)	31			72
Deepwater Champion (d)	—			76
Other construction projects and capital additions	424			320
Total capital expenditures	646			633
Changes in accrued capital expenditures	(10		)	11
Property and equipment placed into service
Transocean Honor (c)	(262		)	—
Deepwater Champion (d)	—			(881		)
Other property and equipment	(413		)	(348		)
Construction work in progress, at end of period	$	1,321		$	865

(a)Transocean Siam Driller, Transocean Andaman and Transocean Ao Thai, three Keppel FELS Super B class design High-Specification Jackups, under construction at Keppel FELS’ yard in Singapore, are expected to commence operations in the first quarter of 2013, the second quarter of 2013 and the fourth quarter of 2013, respectively.

(b)Deepwater Asgard and Deepwater Invictus, two Ultra-Deepwater drillships under construction at the Daewoo Shipbuilding & Marine Engineering Co. Ltd. shipyard in Korea, are expected to be ready to commence operations in the second quarter of 2014.

(c)Transocean Honor, a PPL Pacific Class 400 design High-Specification Jackup, commenced operations in May 2012.

(d)Deepwater Champion, an Ultra-Deepwater drillship, commenced operations in May 2011.