XML 30 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Description Of Company And Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Schedule Of Revenues And Receivables From Major Customers
The following tables present summarized data related to our transactions with Chevron.
Revenues from major customers:
 
 
 
 
 
 
Years ended December 31,
Dollars in millions
2014
 
2013
 
2012
Chevron revenues
$
1,069

 
$
1,859

 
$
2,302

Percentages of revenues and accounts receivable from major customers:
 
 
 
 
 
 
Years ended December 31,

2014
 
2013
 
2012
Chevron revenues percentage
17
%
 
26
%
 
30
%
Chevron receivables percentage
9
%
 
13
%
 
17
%
Schedule Of Other Current Assets
The components of “other current assets” on our consolidated balance sheets as of December 31, 2014 and 2013 are presented below: 
 
December 31,
Dollars in millions
2014
 
2013
Inventory
$
8

 
$
13

Restricted cash
17

 
1

Prepaid expenses
58

 
72

Value-added tax receivable
27

 
24

Assets held-for-sale
10

 

Other miscellaneous assets
27

 
86

Total other current assets
$
147

 
$
196

Components Of Other Current Liabilities
The components of “other current liabilities” on our consolidated balance sheets as of December 31, 2014 and 2013 are presented below:
 
December 31,
Dollars in millions
2014
 
2013
Reserve for estimated losses on uncompleted contracts (a)
$
159

 
$
109

Retainage payable
88

 
102

Income taxes payable
61

 
60

Deferred tax liabilities
46

 
31

Value-added tax payable
31

 
29

Insurance payable
19

 
26

Dividend payable
12

 
12

Other miscellaneous liabilities
72

 
40

Total other current liabilities
$
488

 
$
409

 
(a)
See Note 2 for further discussion on our reserve for estimated losses on uncompleted contracts.