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STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Common Stock) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 4 Months Ended 12 Months Ended
Jan. 05, 2016
Jun. 30, 2016
Nov. 23, 2016
Aug. 04, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Class of Stock [Line Items]              
Authorized shares of capital stock         3,050.0    
Authorized shares of common stock         3,000.0    
Authorized shares of preferred stock         50.0    
Issuance of common stock             $ 2,366.0
Proceeds from sale of common stock         $ 0.0 $ 0.0 1,515.0
Debt Instrument, Face Amount             $ 2,342.0
Dividends declared per share of common stock (in dollars per share)         $ 0.2 $ 0 $ 0
Common stocks              
Class of Stock [Line Items]              
Issuance of common stock     $ 1,500.0       $ 20.0
Stock Issued During Period, Shares, New Issues 4.3 48.1 116.5 27.7     197.0
Shares Issued, Price Per Share     $ 12.87        
Proceeds from sale of common stock $ 29.0   $ 1,500.0 $ 311.0      
Proceeds From Issuance Of Common Stock Net     1,480.0        
Payments of Stock Issuance Costs $ 0.3   $ 15.0        
Debt Instrument, Face Amount       $ 369.0      
Ultra-deepwater Drillship Contracts [Member]              
Class of Stock [Line Items]              
Stock Issued During Period, Shares, New Issues   48.1          
Proceeds from sale of common stock   $ 540.0          
Payments of Stock Issuance Costs   $ 5.0