Equipment Acquisitions, Dispositions and Depreciation and Impairment Policies Equipment Acquisitions, Dispositions and Depreciation and Impairment Policies (Notes)
|6 Months Ended|
Jun. 30, 2017
|Property, Plant and Equipment [Abstract]|
|Property, Plant and Equipment Disclosure [Text Block]||
EQUIPMENT ACQUISITIONS AND DISPOSITIONS
During the six months ended June 30, 2017, capital expenditures and payments on fair value hedges were $29.1 million. Equipment deliveries during the six months ended June 30, 2017 included four fast support vessels.
During the six months ended June 30, 2017, the Company sold two liftboats, one supply vessel, four offshore support vessels previously retired and removed from service and other equipment for net proceeds of $10.0 million ($9.5 million in cash and $0.5 million of previously received deposits) and gains of $4.2 million.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef