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Gain on Contract Settlements/Extinguishments, Net
12 Months Ended
Dec. 31, 2015
Contractors [Abstract]  
Gain on Contract Settlements/Extinguishments, Net

Note 13 - Gain on Contract Settlements/Extinguishments, Net

In 2013, we received $45 million related to the settlement of all claims against the former shareholders of Frontier, which we acquired in July 2010, relating to alleged breaches of various representations and warranties contained in the purchase agreement. A portion of the settlement, totaling approximately $14 million, was allocated to discontinued operations as it related to certain standard specification rigs.