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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 1,132.7 $ 1,332.1
Receivables - trade and other 238.1 212.8
Prepaid expenses and other current assets 15.1 15.5
Total current assets 1,385.9 1,560.4
PROPERTY AND EQUIPMENT:    
Drilling equipment 8,832.3 8,697.8
Other property and equipment 137.3 136.1
Property and equipment - gross 8,969.6 8,833.9
Less accumulated depreciation and amortization 2,471.6 2,281.2
Property and equipment - net 6,498.0 6,552.7
Long-term note receivable from unconsolidated subsidiary 269.6 270.2
Investment in unconsolidated subsidiary 31.2 30.9
Other assets 46.2 44.1
TOTAL ASSETS 8,230.9 8,458.3
CURRENT LIABILITIES:    
Accounts payable - trade 89.5 97.2
Deferred revenues 6.8 1.1
Accrued liabilities 131.3 159.1
Total current liabilities 227.6 257.4
Long-term debt 2,510.6 2,510.3
Other liabilities 251.9 293.6
Deferred income taxes - net 11.1 10.9
Commitments and contingent liabilities
SHAREHOLDERS' EQUITY:    
Class A Ordinary Shares, $0.125 par value; 128.2 and 128.1 shares issued, respectively; 127.0 and 126.3 shares outstanding, respectively 16.0 16.0
Additional paid-in capital 1,493.6 1,488.6
Retained earnings 3,968.9 4,109.7
Cost of 1.2 and 1.8 treasury shares, respectively (7.8) (9.3)
Accumulated other comprehensive loss (241.0) (218.9)
Total shareholders' equity 5,229.7 5,386.1
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 8,230.9 $ 8,458.3