Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Reconciliation of Changes in Projected Benefit Obligations for our Non - U.S. and U.S. Plan

A reconciliation of the changes in projected benefit obligations (“PBO”) for our non-U.S. and U.S. plans is as follows:

	Year Ended December 31,
	2014						2013
	Non-U.S.			U.S.			Non-U.S.			U.S.
Benefit obligation at beginning of year	$	161,591		$	223,938		$	151,781		$	225,885
Service cost		4,777			8,901			5,496			10,724
Interest cost		4,650			10,546			5,085			9,049
Actuarial loss (gain)		6,145			51,524			(4,584	)		(17,652	)
Plan amendments		1,595			—			(227	)		—
Benefits paid		(2,819	)		(4,262	)		(2,558	)		(4,068	)
Settlement		—			(34,397	)		—			—
Curtailment		—			(18,178	)		—			—
Plan participants’ contributions		266			—			956			—
Foreign exchange rate changes		(7,071	)		—			5,642			—
Spin-off adjustment		(96,581	)		—			—			—
Benefit obligation at end of year	$	72,553		$	238,072		$	161,591		$	223,938

Reconciliation of Changes in Fair Value of Plan Assets

A reconciliation of the changes in fair value of plan assets is as follows:

	Year Ended December 31,
	2014						2013
	Non-U.S.			U.S.			Non-U.S.			U.S.
Fair value of plan assets at beginning of year	$	174,257		$	201,011		$	151,819		$	167,170
Actual return on plan assets		6,717			7,750			8,470			31,518
Employer contributions		6,863			2,017			9,365			6,391
Benefits and expenses paid		(2,819	)		(4,262	)		(2,558	)		(4,068	)
Settlement		—			(34,397	)		—			—
Plan participants’ contributions		266			—			956			—
Foreign exchange rate changes		(11,068	)		—			6,205			—
Spin-off adjustment		(96,502	)		—			—			—
Fair value of plan assets at end of year	$	77,714		$	172,119		$	174,257		$	201,011

Funded Status of Plans

The funded status of the plans is as follows:

	Year Ended December 31,
	2014					2013
	Non-U.S.		U.S.			Non-U.S.		U.S.
Funded status	$	5,161	$	(65,953	)	$	12,666	$	(22,927	)

Amounts Recognized in Consolidated Balance Sheets

Amounts recognized in the Consolidated Balance Sheets consist of:

	Year Ended December 31,
	2014						2013
	Non-U.S.			U.S.			Non-U.S.			U.S.
Other assets (noncurrent)	$	7,725		$	—		$	13,586		$	6,132
Other liabilities (current)		—			(3,037	)		—			(2,120	)
Other liabilities (noncurrent)		(2,564	)		(62,916	)		(920	)		(26,939	)
Net amount recognized	$	5,161		$	(65,953	)	$	12,666		$	(22,927	)

Amounts Recognized in Accumulated Other Comprehensive Loss

Amounts recognized in AOCL consist of:

	Year Ended December 31,
	2014						2013
	Non-U.S.			U.S.			Non-U.S.			U.S.
Net actuarial loss	$	11,793		$	73,705		$	30,902		$	45,338
Prior service cost		1,531			468			(232	)		905
Deferred income tax asset		(3,096	)		(25,961	)		(2,130	)		(16,185	)
Accumulated other comprehensive loss	$	10,228		$	48,212		$	28,540		$	30,058

Pension Costs

Pension cost includes the following components:

	Year Ended December 31,
	2014						2013						2012
	Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.
Service Cost	$	4,777		$	8,901		$	5,496		$	10,724		$	4,461		$	9,612
Interest Cost		4,650			10,546			5,085			9,049			5,372			8,719
Return on plan assets		(6,117	)		(15,499	)		(5,836	)		(13,102	)		(5,344	)		(11,171	)
Amortization of prior service cost		46			196			—			227			—			227
Recognized net actuarial loss		769			2,857			1,670			7,639			803			7,356
Curtailment expense		—			241			—			—			—			—
Settlement expense		—			9,872			—			—			—			—
Net pension expense	$	4,125		$	17,114		$	6,415		$	14,537		$	5,292		$	14,743

Disaggregated Plan Information

Disaggregated information regarding our non-U.S. and U.S. plans is summarized below:

	Year Ended December 31,
	2014				2013
	Non-U.S.		U.S.		Non-U.S.		U.S.
Projected benefit obligation	$	72,553	$	238,072	$	161,591	$	223,938
Accumulated benefit obligation		68,902		202,716		154,140		185,383
Fair value of plan assets		77,714		172,119		174,257		201,011

Plans in which PBO Exceeded Fair Value

The following table provides information related to those plans in which the PBO exceeded the fair value of the plan assets at December 31, 2014 and 2013. The PBO is the actuarially computed present value of earned benefits based on service to date and includes the estimated effect of any future salary increases.

	Year Ended December 31,
	2014				2013
	Non-U.S.		U.S.		Non-U.S.		U.S.
Projected benefit obligation	$	3,157	$	238,072	$	6,740	$	200,472
Fair value of plan assets		592		172,119		5,820		171,413

Plans in which Accumulated Benefit Obligation Exceeded Fair Value of Plan Assets

The following table provides information related to those plans in which the accumulated benefit obligation (“ABO”) exceeded the fair value of plan assets at December 31, 2014 and 2013. The ABO is the actuarially computed present value of earned benefits based on service to date, but differs from the PBO in that it is based on current salary levels.

	Year Ended December 31,
	2014				2013
	Non-U.S.		U.S.		Non-U.S.		U.S.
Accumulated benefit obligation	$	1,355	$	202,716	$	6,493	$	11,997
Fair value of plan assets		592		172,119		5,820		—

Defined Benefit Plans Key Assumptions

The key assumptions for the plans are summarized below:

	Year Ended December 31,
	2014		2013
	Non-U.S.	U.S.	Non-U.S.	U.S.
Weighted-average assumptions used to determine benefit obligations:
Discount Rate	2.6%-3.7%	3.0%-4.1%	3.9%-4.7%	3.9%-5.1%
Rate of compensation increase	3.6%-4.1%	5.0%	3.6%-4.5%	5.0%

	Year Ended December 31,
	2014		2013		2012
	Non-U.S.	U.S.	Non-U.S.	U.S.	Non-U.S.	U.S.
Weighted-average assumptions used to determine periodic benefit cost:
Discount Rate	2.7%-4.7%	3.9%-5.1%	2.5%-4.5%	3.1%-4.2%	4.7%-5.0%	4.3%-4.7%
Expected long-term return on assets	2.3%-6.0%	7.8%	2.3%-5.7%	7.8%	3.9%-5.4%	7.8%
Rate of compensation increase	3.6%-4.5%	5.0%	3.6%-4.1%	5.0%	2.3%-4.4%	5.0%

Actual Fair Values of Non-U.S. Pension Plans

The actual fair values of Non-U.S. pension plans as of December 31, 2014 and 2013 are as follows:

			December 31, 2014
			Estimated Fair Value
			Measurements
			Quoted		Significant
			Prices in		Other		Significant
			Active		Observable		Unobservable
	Carrying		Markets		Inputs		Inputs
	Amount		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	87	$	87	$	—	$	—
Equity securities:
International companies	$	53,261	$	53,261	$	—	$	—
Fixed income securities:
Corporate bonds	$	23,774	$	—	$	23,774	$	—
Other		592		—		—		592
Total	$	77,714	$	53,348	$	23,774	$	592

			December 31, 2013
			Estimated Fair Value
			Measurements
			Quoted		Significant
			Prices in		Other		Significant
			Active		Observable		Unobservable
	Carrying		Markets		Inputs		Inputs
	Amount		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	207	$	207	$	—	$	—
Equity securities:
International companies	$	54,722	$	54,722	$	—	$	—
Fixed income securities:
Corporate bonds	$	41,767	$	—	$	41,767	$	—
Other		77,561		—		—		77,561
Total	$	174,257	$	54,929	$	41,767	$	77,561

Schedule of Activity Related to Investments

third-party consultants employed by Noble. The following table details the activity related to these investments during the year.

	Market
	Value
Balance as of December 31, 2013	$	77,561
Assets transferred out in Spin-off		(77,561	)
Assets purchased		749
Assets sold/benefits paid		(157	)
Balance as of December 31, 2014	$	592

Actual Fair Values of U.S. Pension Plans

The actual fair values of U.S. pension plan assets as of December 31, 2014 and 2013 are as follows:

			December 31, 2014
			Estimated Fair Value
			Measurements
			Quoted		Significant
			Prices in		Other		Significant
			Active		Observable		Unobservable
	Carrying		Markets		Inputs		Inputs
	Amount		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	5,998	$	—	$	5,998	$	—
Equity securities:
United States	$	80,823	$	80,823	$	—	$	—
International		33,392		33,392		—		—
Fixed income securities:
Corporate bonds	$	51,906	$	51,906	$	—	$	—
Total	$	172,119	$	166,121	$	5,998	$	—

			December 31, 2013
			Estimated Fair Value
			Measurements
			Quoted		Significant
			Prices in		Other		Significant
			Active		Observable		Unobservable
	Carrying		Markets		Inputs		Inputs
	Amount		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	2,184	$	—	$	2,184	$	—
Equity securities:
United States	$	104,899	$	80,714	$	24,185	$	—
International		33,012		33,012		—		—
Fixed income securities:
Corporate bonds	$	60,916	$	60,916	$	—	$	—
Total	$	201,011	$	174,642	$	26,369	$	—

Estimated Benefit Payments

The following table summarizes our estimated benefit payments at December 31, 2014:

			Payments by Period
	Total		2015		2016		2017		2018		2019		Thereafter
Estimated benefit payments
Non U.S. plans	$	23,037	$	1,630	$	1,693	$	1,882	$	1,955	$	2,207	$	13,670
U.S. plans		105,192		8,029		6,687		7,327		7,989		8,914		66,246
Total estimated benefit payments	$	128,229	$	9,659	$	8,380	$	9,209	$	9,944	$	11,121	$	79,916