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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 290,481 $ 339,154
Receivables - trade and other 508,338 545,204
Prepaid expenses and other current assets 37,529 29,253
Deferred tax assets - net 0 27,485
Total current assets 836,348 941,096
PROPERTY, PLANT AND EQUIPMENT:    
Drilling equipment 8,893,342 7,639,171
Construction in progress 0 1,023,646
Other property and equipment 140,086 137,365
Property, plant and equipment - gross 9,033,428 8,800,182
Less accumulated depreciation and amortization 1,564,710 1,367,970
Property, plant and equipment - net 7,468,718 7,432,212
Other assets 36,609 37,884
TOTAL ASSETS 8,341,675 8,411,192
CURRENT LIABILITIES:    
Accounts payable - trade 118,976 102,773
Deferred revenues 48,204 36,189
Accrued liabilities 151,491 194,259
Total current liabilities 318,671 333,221
Long-term debt 2,806,686 2,807,324
Other liabilities 380,558 368,266
Deferred income taxes - net $ 190,822 $ 210,982
Commitments and contingent liabilities (Note 4)
SHAREHOLDERS' EQUITY:    
Class A Ordinary Shares, $0.125 par value, 125,947,424 and 124,828,807 shares issued at September 30, 2015, and December 31, 2014, respectively $ 15,743 $ 15,604
Additional paid-in capital 1,453,024 1,436,910
Retained earnings 3,398,078 3,466,993
Cost of 1,140,567 and 264,903 treasury shares at September 30, 2015, and December 31, 2014, respectively (12,044) (7,990)
Accumulated other comprehensive loss (209,863) (220,118)
Total shareholders' equity 4,644,938 4,691,399
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 8,341,675 $ 8,411,192