XML 31 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 376,359 $ 333,765
Marketable securities 975,947 902,414
Accounts receivable, net of allowance for bad debts 532,302 563,934
Prepaid expenses and other current assets 160,012 192,570
Total current assets 2,044,620 1,992,683
Drilling and other property and equipment, net of accumulated depreciation 4,780,747 4,667,469
Other assets 257,530 304,005
Total assets 7,082,897 6,964,157
Current liabilities:    
Accounts payable 63,953 64,147
Accrued liabilities 303,718 336,400
Taxes payable 24,787 26,744
Total current liabilities 392,458 427,291
Long-term debt 1,495,943 1,495,823
Deferred tax liability 535,965 536,815
Other liabilities 176,539 171,165
Total liabilities 2,600,905 2,631,094
Commitments and contingencies (Note 8)      
Stockholders' equity:    
Common stock (par value $0.01, 500,000,000 shares authorized; 143,946,586 shares issued and 139,029,786 shares outstanding at June 30, 2012; 143,944,009 shares issued and 139,027,209 shares outstanding at December 31, 2011) 1,439 1,439
Additional paid-in capital 1,980,980 1,978,369
Retained earnings 2,614,072 2,472,310
Accumulated other comprehensive gain (loss) (86) (4,642)
Treasury stock, at cost (4,916,800 shares at June 30, 2012 and December 31, 2011) (114,413) (114,413)
Total stockholders' equity 4,481,992 4,333,063
Total liabilities and stockholders' equity $ 7,082,897 $ 6,964,157