1.0.0.3 false INCOME TAXES false 1 $ false false u000 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 u002 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 Notes to Financial Statements [Abstract] 0 rdc_NotesToFinancialStatementsAbstract rdc false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 Income Taxes 1 us-gaap_IncomeTaxDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In the second quarter of 2009, the Company recognized an $8 million tax benefit ($0.07 per diluted share) as a result of a recent third-party tax case that provides a more favorable tax treatment for certain foreign contracts entered into in prior years, and lowered its estimated full-year 2009 effective tax rate to 31.4% from 33.6%.</font></div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">During the third quarter of 2009, the Company completed its assessment of the impact of the case as to all open tax years and, as a result, recognized an additional $17 million tax benefit ($0.15 per diluted share) in the quarter, which further lowered the Company’s estimated full-year 2009 effective tax rate to 27.9%.  The Company has deferred recognition of a remaining $50 million estimated benefit in accordance with FASB Interpretation No. 48,<font style="DISPLAY: inline; FONT-STYLE: italic"> Accounting for Uncertainty in Income Taxes</font> (ASC 740-10).  In connection with the above, the Company has recorded a long-term receivable, which is included in Other Assets on the Condensed Consolidated Balance Sheet at September 30, 2009, for the gross claim of approximately $75 million and a long-term liability, which is included in Other Liabilities, of approximately $50 million.</font></div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div> </div> In the second quarter of 2009, the Company recognized an $8 million tax benefit ($0.07 per diluted share) as a result of a recent third-party tax case that false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true