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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 1,032.4 $ 1,332.1
Receivables - trade and other 281.5 212.8
Prepaid expenses and other current assets 31.4 15.5
Total current assets 1,345.3 1,560.4
PROPERTY AND EQUIPMENT:    
Drilling equipment 8,864.1 8,697.8
Other property and equipment 140.9 136.1
Property and equipment - gross 9,005.0 8,833.9
Less accumulated depreciation and amortization 2,566.9 2,281.2
Property and equipment - net 6,438.1 6,552.7
Long-term note receivable from unconsolidated subsidiary 269.0 270.2
Investment in unconsolidated subsidiary 34.3 30.9
Other assets 44.7 44.1
TOTAL ASSETS 8,131.4 8,458.3
CURRENT LIABILITIES:    
Current portion of long-term debt 201.1 0.0
Accounts payable - trade 112.2 97.2
Deferred revenues 17.8 1.1
Accrued liabilities 122.2 159.1
Total current liabilities 453.3 257.4
Long-term debt 2,309.6 2,510.3
Other liabilities 268.6 293.6
Deferred income taxes - net 11.1 10.9
Commitments and contingent liabilities
SHAREHOLDERS' EQUITY:    
Class A Ordinary Shares, $0.125 par value; 128.2 and 128.1 shares issued, respectively; 127.1 and 126.3 shares outstanding, respectively 16.0 16.0
Additional paid-in capital 1,497.4 1,488.6
Retained earnings 3,824.8 4,109.7
Cost of 1.1 and 1.8 treasury shares, respectively (7.7) (9.3)
Accumulated other comprehensive loss (241.7) (218.9)
Total shareholders' equity 5,088.8 5,386.1
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 8,131.4 $ 8,458.3