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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities:    
Net income $ 456,071 $ 564,816
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 291,107 300,069
Gain on disposition of assets (2,789) (79,285)
Loss on foreign currency forward exchange contracts 2,246 5,692
Deferred tax provision 43,414 (6,089)
Accretion of discounts on marketable securities (584) 4,461
Stock-based compensation expense 2,627 3,248
Deferred income, net (45,600) (19,020)
Deferred expenses, net 20,441 58,391
Long-term employee remuneration programs 6,617 4,572
Other assets, noncurrent (4,487) 2,697
Other liabilities, noncurrent (51) 2,457
Proceeds from (payments of) settlement of foreign currency forward exchange contracts designated as accounting hedges (2,246) (5,692)
Other 1,418 800
Changes in operating assets and liabilities:    
Accounts receivable 74,965 108,159
Prepaid expenses and other current assets (327) (9,350)
Accounts payable and accrued liabilities 25,583 4,961
Taxes payable (10,505) 68,711
Net cash provided by operating activities 857,900 1,009,598
Investing activities:    
Capital expenditures (including rig construction) (740,460) (514,672)
Proceeds from disposition of assets, net of disposal costs 3,357 136,937
Proceeds from sale and maturities of marketable securities 3,225,062 2,075,106
Purchases of marketable securities (2,874,689) (2,352,635)
Net cash used in investing activities (386,730) (655,264)
Financing activities:    
Payment of dividends (367,945) (367,984)
Credit facility arrangement fees (1) (3,646)
Other 138 130
Net cash used in financing activities (367,808) (371,500)
Net change in cash and cash equivalents 103,362 (17,166)
Cash and cash equivalents, beginning of period 335,432 333,765
Cash and cash equivalents, end of period $ 438,794 $ 316,599