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Segment Information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Information
Segment information for the three months ended March 31, 2017 and 2016 is set forth below (in millions):
 
Three months ended March 31,
 
2017
 
2016
Deepwater:
 
 
 
Revenues
$
160.7

 
$
222.5

Operating expenses:
 
 
 
Direct operating costs (excluding items below)
44.6

 
67.0

Depreciation and amortization
28.3

 
27.3

Selling, general and administrative

 

Other operating items

 
0.3

Income from operations
$
87.8

 
$
127.9

 
 
 
 
Jack-ups:
 
 
 
Revenues
$
213.6

 
$
277.7

Operating expenses:
 
 
 
Direct operating costs (excluding items below)
125.4

 
137.8

Depreciation and amortization
70.1

 
68.4

Selling, general and administrative

 

Other operating items
3.4

 
1.9

Income from operations
$
14.7

 
$
69.6

 
 
 
 
Unallocated costs and other:
 
 
 
Revenues
$

 
$

Operating expenses:
 
 
 
Direct operating costs (excluding items below)

 

Depreciation and amortization
0.7

 
3.2

Selling, general and administrative
24.0

 
26.9

Loss from operations
$
(24.7
)
 
$
(30.1
)
 
 
 
 
Consolidated:
 
 
 
Revenues
$
374.3

 
$
500.2

Operating expenses:
 
 
 
Direct operating costs (excluding items below)
170.0

 
204.8

Depreciation and amortization
99.1

 
98.9

Selling, general and administrative
24.0

 
26.9

Other operating items
3.4

 
2.2

Income from operations
$
77.8

 
$
167.4