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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 118,702 $ 640,147
Restricted cash and cash equivalents 23,652 18,116
Investments   19,242
Accounts receivable-trade, net 381,858 428,800
Accounts receivable-other 89,273 75,461
Contracts in progress 425,986 560,154
Deferred income taxes 7,091 9,765
Assets held for sale 1,396 2,679
Other current assets 32,242 35,425
Total Current Assets 1,080,200 1,789,789
Property, Plant and Equipment 2,367,686 2,115,176
Less accumulated depreciation (889,009) (833,385)
Net Property, Plant and Equipment 1,478,677 [1] 1,281,791 [1]
Assets Held for Sale 12,243 26,758
Investments 13,511 26,750
Goodwill    41,202
Investments in Unconsolidated Affiliates 50,536 37,435
Other Assets 172,204 129,902
Total Assets 2,807,371 3,333,627
Current Liabilities:    
Notes payable and current maturities of long-term debt 39,543 14,146
Accounts payable 398,739 400,007
Accrued liabilities 138,482 108,963
Accrued employee-related benefits 36,933 57,391
Accrued contract costs 189,809 203,064
Advance billings on contracts 278,929 241,696
Deferred income taxes 17,892 10,758
Income taxes payable 20,657 76,986
Total Current Liabilities 1,120,984 1,113,011
Long-Term Debt 49,019 88,562
Self-Insurance 20,531 22,641
Pension Liability 15,681 25,069
Income taxes payable 56,042 55,857
Other Liabilities 104,770 76,382
Commitments and Contingencies      
Stockholders' Equity:    
Common stock, par value $1.00 per share, authorized 400,000,000 shares; issued and outstanding 244,271,365 and 243,442,156 shares at December 31, 2013 and December 31, 2012, respectively 244,271 243,442
Capital in excess of par value 1,414,457 1,391,271
Retained earnings (71,157) 445,756
Treasury stock, at cost, 7,130,294 and 7,574,903 shares at December 31, 2013 and December 31, 2012, respectively (97,926) (98,725)
Accumulated other comprehensive loss (140,131) [2] (94,413) [2]
Stockholders' Equity-McDermott International, Inc. 1,349,514 1,887,331
Noncontrolling Interests 90,830 64,774
Total Equity 1,440,344 1,952,105
Total Liabilities and Equity $ 2,807,371 $ 3,333,627
[1] Our marine vessels are included in the country in which they were located as of year-end.
[2] The tax impact on amounts presented in AOCI are not significant.