XML 81 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Changes in Total Equity (USD $)
In Thousands, except Share data
Total
USD ($)
Redeemable Non-controlling Interest [Member]
USD ($)
Common Stock [Member]
TOTAL EQUITY Common Stock and Additional Paid-in Capital [Member]
USD ($)
TOTAL EQUITY Retained Earnings [Member]
USD ($)
TOTAL EQUITY Accumulated Other Comprehensive Loss [Member]
USD ($)
TOTAL EQUITY Non-controlling Interests [Member]
USD ($)
Beginning Balance at Dec. 31, 2011 $ 3,303,794us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $ 38,307us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
  $ 660,917us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
$ 802,982us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (23,903)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 1,863,798us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Beginning Balance, Shares at Dec. 31, 2011     68,732,000us-gaap_CommonStockSharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Net (loss) income (311,116)us-gaap_ProfitLoss       (160,180)us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (150,936)us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Reclassification of redeemable non-controlling interest in net income 4,520us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest (4,520)us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
        4,520us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Other comprehensive income 9,475us-gaap_OtherComprehensiveIncomeLossNetOfTax         9,135us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
340us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Dividends declared (324,888)us-gaap_DividendsCommonStockCash (4,972)us-gaap_DividendsCommonStockCash
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
    (83,305)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (241,583)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Reinvested dividends 6us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan     6us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Reinvested dividends, Shares     1,000us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Exercise of stock options and other (note 12) 11,617us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised     11,617us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Exercise of stock options and other (note 12), shares 733,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised   971,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Employee stock compensation (note 12) 9,393us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue     9,393us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Dilution gain on public offerings of Teekay Offshore, Teekay Tankers, Teekay LNG and share issuances of Teekay Offshore (note 5) 88,727us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests       88,727us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Additions to non-controlling interest from share and unit issuances of subsidiaries and other 399,946us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance           399,946us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Ending Balance at Dec. 31, 2012 3,191,474us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 28,815us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
  681,933us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
648,224us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
(14,768)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
1,876,085us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Ending Balance, Shares at Dec. 31, 2012     69,704,000us-gaap_CommonStockSharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Net (loss) income 35,480us-gaap_ProfitLoss       (114,738)us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  150,218us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Reclassification of redeemable non-controlling interest in net income 6,391us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest (6,391)us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
        6,391us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Other comprehensive income (2,271)us-gaap_OtherComprehensiveIncomeLossNetOfTax         (2,421)us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
150us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Dividends declared (353,414)us-gaap_DividendsCommonStockCash (5,860)us-gaap_DividendsCommonStockCash
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
    (90,273)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (263,141)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Reinvested dividends 8us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan     8us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Reinvested dividends, Shares     1,000us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Exercise of stock options and other (note 12) 27,219us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised     27,219us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Exercise of stock options and other (note 12), shares 1,039,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised   1,324,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Repurchase of Common Stock (note 12) (12,000)us-gaap_StockRepurchasedDuringPeriodValue     (2,722)us-gaap_StockRepurchasedDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
(9,278)us-gaap_StockRepurchasedDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Repurchase of Common Stock (note 12), shares     (300,000)us-gaap_StockRepurchasedDuringPeriodShares
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Employee stock compensation (note 12) 7,322us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue     7,322us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Dilution gain on public offerings of Teekay Offshore, Teekay Tankers, Teekay LNG and share issuances of Teekay Offshore (note 5) 36,703us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests       36,703us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Excess of purchase price over the carrying value upon acquisition of Variable Interest Entity (note 3f) (35,421)us-gaap_StockholdersEquityOther       (35,421)us-gaap_StockholdersEquityOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Additions to non-controlling interest from share and unit issuances of subsidiaries and other 301,559us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance           301,559us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Ending Balance at Dec. 31, 2013 3,203,050us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 16,564us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
  713,760us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
435,217us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
(17,189)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
2,071,262us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Ending Balance, Shares at Dec. 31, 2013 70,729,399us-gaap_CommonStockSharesOutstanding   70,729,339us-gaap_CommonStockSharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Net (loss) income 124,002us-gaap_ProfitLoss       (54,757)us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  178,759us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Reclassification of redeemable non-controlling interest in net income (7,777)us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest 7,777us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
        (7,777)us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Other comprehensive income (12,155)us-gaap_OtherComprehensiveIncomeLossNetOfTax         (11,109)us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
(1,046)us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Dividends declared (456,706)us-gaap_DividendsCommonStockCash (11,499)us-gaap_DividendsCommonStockCash
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
    (93,021)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (363,685)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Reinvested dividends 6us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan     6us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Reinvested dividends, Shares     1,000us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Exercise of stock options and other (note 12) 55,165us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised     55,165us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Exercise of stock options and other (note 12), shares 1,528,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised   1,771,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Employee stock compensation (note 12) 1,828us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue     1,828us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
     
Dilution gain on public offerings of Teekay Offshore, Teekay Tankers, Teekay LNG and share issuances of Teekay Offshore (note 5) 68,428us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests       68,428us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Additions to non-controlling interest from share and unit issuances of subsidiaries and other 412,792us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance           412,792us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Ending Balance at Dec. 31, 2014 $ 3,388,633us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $ 12,842us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_ShareholdersEquityClassAxis
= tk_RedeemableNoncontrollingInterestMember
  $ 770,759us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember
$ 355,867us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (28,298)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 2,290,305us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Ending Balance, Shares at Dec. 31, 2014 72,500,502us-gaap_CommonStockSharesOutstanding   72,500,502us-gaap_CommonStockSharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember