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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
OPERATING ACTIVITIES      
Net income (loss) $ 124,002us-gaap_ProfitLoss $ 35,480us-gaap_ProfitLoss $ (311,116)us-gaap_ProfitLoss
Non-cash items:      
Depreciation and amortization 422,904us-gaap_DepreciationAndAmortization 431,086us-gaap_DepreciationAndAmortization 455,898us-gaap_DepreciationAndAmortization
Amortization of in-process revenue contracts (note 6) (40,939)us-gaap_AmortizationOfAboveAndBelowMarketLeases (61,700)us-gaap_AmortizationOfAboveAndBelowMarketLeases (72,933)us-gaap_AmortizationOfAboveAndBelowMarketLeases
Unrealized loss (gain) on derivative instruments 267,830us-gaap_UnrealizedGainLossOnDerivatives (113,344)us-gaap_UnrealizedGainLossOnDerivatives (40,373)us-gaap_UnrealizedGainLossOnDerivatives
(Gain) loss on sale of vessels and equipment (13,509)us-gaap_GainLossOnDispositionOfAssets (1,995)us-gaap_GainLossOnDispositionOfAssets 6,975us-gaap_GainLossOnDispositionOfAssets
Asset impairments and loan loss provisions (note 18b) 2,238tk_AssetImpairmentAndProvisions 168,353tk_AssetImpairmentAndProvisions 434,082tk_AssetImpairmentAndProvisions
Equity income, net of dividends received (94,726)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions (121,144)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions (65,639)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
Income tax expense (recovery) 10,173us-gaap_IncomeTaxExpenseBenefit 2,872us-gaap_IncomeTaxExpenseBenefit (14,406)us-gaap_IncomeTaxExpenseBenefit
Unrealized foreign exchange (gain) loss and other (217,908)us-gaap_OtherNoncashIncomeExpense (39,003)us-gaap_OtherNoncashIncomeExpense 46,680us-gaap_OtherNoncashIncomeExpense
Change in operating assets and liabilities (note 17a) 60,631us-gaap_IncreaseDecreaseInOperatingCapital 64,184us-gaap_IncreaseDecreaseInOperatingCapital (115,209)us-gaap_IncreaseDecreaseInOperatingCapital
Expenditures for dry docking (74,379)tk_ExpendituresForDryDocking (72,205)tk_ExpendituresForDryDocking (35,023)tk_ExpendituresForDryDocking
Net operating cash flow 446,317us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 292,584us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 288,936us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
FINANCING ACTIVITIES      
Proceeds from issuance of long-term debt, net of issuance costs (note 8) 3,365,045us-gaap_ProceedsFromIssuanceOfLongTermDebt 2,451,828us-gaap_ProceedsFromIssuanceOfLongTermDebt 1,407,275us-gaap_ProceedsFromIssuanceOfLongTermDebt
Scheduled repayments of long-term debt (1,291,322)us-gaap_RepaymentsOfLongTermDebt (695,688)us-gaap_RepaymentsOfLongTermDebt (266,242)us-gaap_RepaymentsOfLongTermDebt
Prepayments of long-term debt (1,331,469)us-gaap_RepaymentsOfLongTermLinesOfCredit (1,017,818)us-gaap_RepaymentsOfLongTermLinesOfCredit (1,060,169)us-gaap_RepaymentsOfLongTermLinesOfCredit
Repayments of capital lease obligations (479,115)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (10,315)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (10,161)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Decrease (increase) in restricted cash (note 10) 380,953us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities 31,776us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities (33,592)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
Net proceeds from equity issuances of subsidiaries (note 5) 452,061us-gaap_SaleOfStockConsiderationReceivedOnTransaction 446,893us-gaap_SaleOfStockConsiderationReceivedOnTransaction 496,224us-gaap_SaleOfStockConsiderationReceivedOnTransaction
Equity contribution by joint venture partner 27,267us-gaap_ProceedsFromMinorityShareholders 4,934us-gaap_ProceedsFromMinorityShareholders 86,350us-gaap_ProceedsFromMinorityShareholders
Issuance of Common Stock upon exercise of stock options 55,165us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 27,219us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 11,617us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Distribution from subsidiaries to non-controlling interests (360,820)us-gaap_PaymentsOfDividendsMinorityInterest (269,987)us-gaap_PaymentsOfDividendsMinorityInterest (246,555)us-gaap_PaymentsOfDividendsMinorityInterest
Cash dividends paid (91,004)us-gaap_PaymentsOfDividendsCommonStock (90,265)us-gaap_PaymentsOfDividendsCommonStock (83,299)us-gaap_PaymentsOfDividendsCommonStock
Other financing activities   (12,000)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (1,777)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net financing cash flow 726,761us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 866,577us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 299,671us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
INVESTING ACTIVITIES      
Expenditures for vessels and equipment (994,931)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (753,755)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (523,597)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of vessels and equipment 180,638us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 47,704us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 250,807us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Recovery (investment) in term loans (note 4) 4,814us-gaap_PaymentsForProceedsFromLoansReceivable (12,552)us-gaap_PaymentsForProceedsFromLoansReceivable  
Investment in equity-accounted investees (note 23) (79,602)us-gaap_PaymentsToAcquireInterestInJointVenture (157,762)us-gaap_PaymentsToAcquireInterestInJointVenture (183,554)us-gaap_PaymentsToAcquireInterestInJointVenture
Advances to equity-accounted investees (87,130)us-gaap_PaymentsForAdvanceToAffiliate (14,466)us-gaap_PaymentsForAdvanceToAffiliate (117,235)us-gaap_PaymentsForAdvanceToAffiliate
Investment in direct financing lease assets (note 9)   (307,950)us-gaap_PaymentsToAcquireEquipmentOnLease  
Direct financing lease payments received 22,856us-gaap_ProceedsFromCollectionOfLeaseReceivables 17,289us-gaap_ProceedsFromCollectionOfLeaseReceivables 23,307us-gaap_ProceedsFromCollectionOfLeaseReceivables
Investment in cost accounted investment (25,000)us-gaap_PaymentsToAcquireInvestments    
Other investing activities (4,247)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (2,500)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 1,332us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net investing cash flow (980,834)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (1,183,992)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (641,243)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Increase (decrease) in cash and cash equivalents 192,244us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (24,831)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (52,636)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of the year 614,660us-gaap_CashAndCashEquivalentsAtCarryingValue 639,491us-gaap_CashAndCashEquivalentsAtCarryingValue 692,127us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of the year 806,904us-gaap_CashAndCashEquivalentsAtCarryingValue 614,660us-gaap_CashAndCashEquivalentsAtCarryingValue 639,491us-gaap_CashAndCashEquivalentsAtCarryingValue
ALP Maritime Services B.V [Member]      
OPERATING ACTIVITIES      
Net income (loss) (2,300)us-gaap_ProfitLoss
/ us-gaap_BusinessAcquisitionAxis
= tk_AlpMaritimeServicesBvMember
   
INVESTING ACTIVITIES      
Purchase of business (net of cash acquired) (2,322)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= tk_AlpMaritimeServicesBvMember
   
Logitel Offshore Holdings [Member]      
OPERATING ACTIVITIES      
Net income (loss) (1,000)us-gaap_ProfitLoss
/ us-gaap_BusinessAcquisitionAxis
= tk_LogitelOffshoreHoldingsAsMember
   
INVESTING ACTIVITIES      
Purchase of business (net of cash acquired) 4,090us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= tk_LogitelOffshoreHoldingsAsMember
   
FPSO unit Sevan Hummingbird [Member] | Sevan Marine [Member]      
INVESTING ACTIVITIES      
Purchase of business (net of cash acquired)     $ (92,303)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= tk_FpsoUnitSevanHummingbirdMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= tk_SevanMarineMember