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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 282,370 $ 640,147
Restricted cash and cash equivalents 18,488 18,116
Accounts receivable-trade, net 341,458 428,800
Accounts receivable-other 110,252 75,461
Contracts in progress 586,120 560,154
Deferred income taxes 11,184 9,765
Assets held for sale 1,396 2,679
Other current assets 40,959 54,667
Total Current Assets 1,392,227 1,789,789
Property, Plant and Equipment 2,337,706 2,115,176
Less accumulated depreciation (865,897) (833,385)
Net Property, Plant and Equipment 1,471,809 1,281,791
Investments 17,282 26,750
Goodwill 41,202 41,202
Investments in Unconsolidated Affiliates 26,753 37,435
Assets Held for Sale 12,243 26,758
Other Assets 195,765 129,902
Total Assets 3,157,281 3,333,627
Current Liabilities:    
Notes payable and current maturities of long-term debt 41,037 14,146
Accounts payable 371,674 400,007
Accrued liabilities 393,024 369,418
Advance billings on contracts 312,268 241,696
Deferred income taxes 18,119 10,758
Income taxes payable 29,530 76,986
Total Current Liabilities 1,165,652 1,113,011
Long-Term Debt 53,104 88,562
Self-Insurance 26,696 22,641
Pension Liability 24,057 25,069
Other Liabilities 149,320 132,239
Commitments and Contingencies      
Stockholders' Equity:    
Common stock, par value $1.00 per share, authorized 400,000,000 shares; issued 243,941,008 and 243,442,156 shares at September 30, 2013 and December 31, 2012, respectively 243,941 243,442
Capital in excess of par value 1,405,289 1,391,271
Retained earnings 252,816 445,756
Treasury stock, at cost, 7,665,632 and 7,574,903 shares at September 30, 2013 and December 31, 2012, respectively (98,690) (98,725)
Accumulated other comprehensive loss (129,235) (94,413)
Stockholders' Equity-McDermott International, Inc. 1,674,121 1,887,331
Noncontrolling Interests 64,331 64,774
Total Equity 1,738,452 1,952,105
Total Liabilities and Equity $ 3,157,281 $ 3,333,627