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FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured on a Recurring and Nonrecurring Basis (Details)
3 Months Ended 12 Months Ended
Sep. 30, 2016
drilling_unit
Sep. 30, 2015
drilling_unit
Dec. 31, 2016
USD ($)
drilling_unit
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
drilling_unit
Dec. 31, 2015
USD ($)
drilling_unit
Sep. 29, 2016
USD ($)
Sep. 29, 2015
USD ($)
Estimated fair value measurements                
Asset impairment charges       $ 0 $ 34,300,000 $ 329,800,000    
Net carrying value     $ 7,060,000,000 6,552,700,000 7,060,000,000      
Number of drilling units sold | drilling_unit     2          
Proceeds from disposals of property and equipment       3,300,000 6,200,000 19,400,000    
(Gain) loss on disposals of property and equipment       9,400,000 8,700,000 $ (7,700,000)    
Long-term debt, carrying value     $ 2,680,200,000 2,510,300,000 2,680,200,000      
Jack-up Rigs [Member]                
Estimated fair value measurements                
Asset impairment charges         $ 34,300,000      
Number of drilling units impaired | drilling_unit 5 10     5 10    
Proceeds from disposals of property and equipment     5,000,000          
(Gain) loss on disposals of property and equipment     1,200,000          
Jack-up Rigs: Impaired [Member]                
Estimated fair value measurements                
Net carrying value     43,600,000   $ 43,600,000 $ 457,800,000 $ 43,600,000 $ 457,800,000
Recurring [Member]                
Estimated fair value measurements                
Assets - cash equivalents     1,242,300,000 1,332,100,000 1,242,300,000      
Derivative     6,100,000 0 6,100,000      
Recurring [Member] | Level 1 [Member]                
Estimated fair value measurements                
Assets - cash equivalents     1,242,300,000 1,332,100,000 1,242,300,000      
Derivative     0   0      
Recurring [Member] | Level 2 [Member]                
Estimated fair value measurements                
Assets - cash equivalents     0 0 0      
Derivative     0   0      
Long-term debt, fair value     2,448,000,000 2,262,000,000 2,448,000,000      
Recurring [Member] | Level 3 [Member]                
Estimated fair value measurements                
Assets - cash equivalents     0 0 0      
Derivative     6,100,000   6,100,000      
Non-Recurring [Member]                
Estimated fair value measurements                
Property and equipment, net     9,300,000   9,300,000 128,000,000    
Non-Recurring [Member] | Jack-up Rigs [Member]                
Estimated fair value measurements                
Property, plant and equipment, Total gains (losses)         (34,300,000) (329,800,000)    
Non-Recurring [Member] | Level 1 [Member]                
Estimated fair value measurements                
Property and equipment, net     0   0 0    
Non-Recurring [Member] | Level 2 [Member]                
Estimated fair value measurements                
Property and equipment, net     0   0 0    
Non-Recurring [Member] | Level 3 [Member]                
Estimated fair value measurements                
Property and equipment, net     9,300,000   9,300,000 128,000,000    
Material Charges and Other Operating Items [Member] | Jack-up Rigs [Member]                
Estimated fair value measurements                
Asset impairment charges         34,300,000 $ 329,800,000    
Egypt, Pounds [Member] | Recurring [Member]                
Estimated fair value measurements                
Other assets     4,200,000 2,200,000 4,200,000      
Egypt, Pounds [Member] | Recurring [Member] | Level 1 [Member]                
Estimated fair value measurements                
Other assets     4,200,000 2,200,000 4,200,000      
Egypt, Pounds [Member] | Recurring [Member] | Level 2 [Member]                
Estimated fair value measurements                
Other assets     0 0 0      
Egypt, Pounds [Member] | Recurring [Member] | Level 3 [Member]                
Estimated fair value measurements                
Other assets     0 0 0      
Angola, Kwanza | Recurring [Member]                
Estimated fair value measurements                
Other assets       4,300,000        
Angola, Kwanza | Recurring [Member] | Level 1 [Member]                
Estimated fair value measurements                
Other assets       4,300,000        
Angola, Kwanza | Recurring [Member] | Level 2 [Member]                
Estimated fair value measurements                
Other assets       0        
Angola, Kwanza | Recurring [Member] | Level 3 [Member]                
Estimated fair value measurements                
Other assets       0        
Prepaid Expenses and Other Current Assets [Member]                
Estimated fair value measurements                
Derivative     6,100,000 0.00 6,100,000      
Other Assets [Member] | Egypt, Pounds [Member]                
Estimated fair value measurements                
Other assets     $ 4,200,000 2,200,000 $ 4,200,000      
Other Assets [Member] | Angola, Kwanza                
Estimated fair value measurements                
Other assets       $ 4,300,000