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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 123,521 $ 333,765
Marketable securities 1,276,592 902,414
Accounts receivable, net of allowance for bad debts 574,906 563,934
Prepaid expenses and other current assets 134,682 192,570
Assets held for sale 22,223  
Total current assets 2,131,924 1,992,683
Drilling and other property and equipment, net of accumulated depreciation 4,611,233 4,667,469
Other assets 282,381 304,005
Total assets 7,025,538 6,964,157
Current liabilities:    
Accounts payable 59,460 64,147
Accrued liabilities 306,975 336,400
Taxes payable 43,259 26,744
Total current liabilities 409,694 427,291
Long-term debt 1,495,883 1,495,823
Deferred tax liability 538,980 536,815
Other liabilities 178,432 171,165
Total liabilities 2,622,989 2,631,094
Commitments and contingencies (Note 8)      
Stockholders' equity:    
Common stock (par value $0.01, 500,000,000 shares authorized; 143,944,709 shares issued and 139,027,909 shares outstanding at March 31, 2012; 143,944,009 shares issued and 139,027,209 shares outstanding at December 31, 2011) 1,439 1,439
Additional paid-in capital 1,979,636 1,978,369
Retained earnings 2,535,071 2,472,310
Accumulated other comprehensive gain (loss) 816 (4,642)
Treasury stock, at cost (4,916,800 shares at March 31, 2012 and December 31, 2011) (114,413) (114,413)
Total stockholders' equity 4,402,549 4,333,063
Total liabilities and stockholders' equity $ 7,025,538 $ 6,964,157