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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income (loss), including noncontrolling interests$ 115,570$ (75,128)
Adjustments to reconcile net income (loss), including noncontrolling interests to net cash provided by operating activities  
Depreciation and amortization239,540222,730
Asset impairment charge and dry hole expense32,736171,626
Amortization of deferred financing costs7,1975,731
Stock compensation expense6,8356,889
Amortization of debt discount6,6936,272
Deferred income taxes31,707(53,335)
Excess tax benefit from stock-based compensation8052,376
Gain on investment in Cal Dive common stock(753) 
Loss on early extinguishment of Senior Unsecured Notes2,354 
(Gain) loss on sale or acquisition of assets6(6,246)
Unrealized (gain) loss on derivative contracts4332,304
Changes in operating assets and liabilities:  
Accounts receivable, net(24,205)(29,256)
Other current assets(11,100)3,947
Income tax payable9,1294,896
Accounts payable and accrued liabilities(28,668)38,662
Oil and gas asset retirement costs(34,836)(52,244)
Other noncurrent, net(2,312)(7,458)
Net cash provided by operating activities351,131241,766
Cash flows from investing activities:  
Capital expenditures(167,849)(179,018)
Investments in equity investments(2,699)(7,768)
Distributions from equity investments, net3,4379,876
Proceeds from sale of Cal Dive common stock3,588 
Insurance recovery for capital items 16,106
Proceeds from sales of property 852
Decrease (increase) in restricted cash703(133)
Net cash used in investing activities(162,820)(160,085)
Cash flows from financing activities:  
Borrowing under revolving credit facility109,400 
Repayment of revolving credit facility(109,400) 
Repayment of Helix Term Loan(111,941)(3,245)
Early extinguishment of Senior Unsecured Notes(77,394) 
Repayment of MARAD borrowings(4,645)(4,866)
Loan notes repayment(1,215)(1,842)
Deferred financing costs(9,224)(2,864)
Repurchases of common stock and preferred dividends paid(1,102)(11,763)
Excess tax benefit from stock-based compensation(805)(2,376)
Exercise of stock options, net2,018335
Net cash used in financing activities(204,308)(26,621)
Effect of exchange rate changes on cash and cash equivalents267(253)
Net (decrease) increase in cash and cash equivalents(15,730)54,807
Cash and cash equivalents:  
Balance, beginning of year391,085270,673
Balance, end of period$ 375,355$ 325,480