CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
CURRENT ASSETS:
Cash and cash equivalents	$ 1,092,844	$ 1,024,008
Receivables - trade and other	344,546	423,839
Prepaid expenses and other current assets	45,538	55,121
Deferred income taxes - net	22,137	26,628
Assets of discontinued operations	23,813	22,954
Total current assets	1,528,878	1,552,550
PROPERTY, PLANT AND EQUIPMENT:
Drilling equipment	7,040,451	6,764,046
Construction in progress	1,009,380	756,308
Other property and equipment	147,884	140,739
Property, plant and equipment - gross	8,197,715	7,661,093
Less accumulated depreciation and amortization	1,811,960	1,589,364
Property, plant and equipment - net	6,385,755	6,071,729
Other assets	61,128	75,208
TOTAL ASSETS	7,975,761	7,699,487
CURRENT LIABILITIES:
Accounts payable - trade	123,976	83,004
Deferred revenues	54,515	52,340
Accrued liabilities	155,971	137,495
Liabilities of discontinued operations	20,122	21,255
Total current liabilities	354,584	294,094
Long-term debt	2,008,700	2,009,598
Other liabilities	289,061	390,199
Deferred income taxes - net	429,655	473,872
Commitments and contingent liabilities
SHAREHOLDERS' EQUITY:
Class A Ordinary Shares, $0.125 par value, 124,778,407 and 124,740,407 shares issued at December 31, 2013 and 2012, respectively	15,597	15,593
Additional paid-in capital	1,407,031	1,372,135
Retained earnings	3,619,540	3,366,964
Cost of 542,475 and 529,387 treasury shares at December 31, 2013 and 2012, respectively	(5,962)	(1,886)
Accumulated other comprehensive loss	(142,445)	(221,082)
Total shareholders' equity	4,893,761	4,531,724
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 7,975,761	$ 7,699,487