Commitments and Contingent Liabilities (Tables)

9 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Status of Company's Rigs under Construction

The following table presents the status of the Company’s ultra-deepwater drillship construction program as of September 30, 2014.  Amounts include capitalized interest and an estimate for project contingencies (in millions):

	Actual/scheduled delivery date	Total estimated project costs		Total costs incurred through September 30, 2014		Projected costs for the remainder of 2014		Projected costs in 2015		Total future costs
Rowan Resolute	July 2014	$	723	$	682	$	41	$	—	$	41
Rowan Reliance	November 2014	742		277		458		7		465
Rowan Relentless	March 2015	755		232		38		485		523
		$	2,220	$	1,191	$	537	$	492	$	1,029