Prepaid expenses and other current assets consist of the following:
| December 31, | ||||||||
| 2013 | 2012 | |||||||
| (In thousands) | ||||||||
|
Rig spare parts and supplies |
$ | 52,439 | $ | 57,558 | ||||
|
Deferred mobilization costs |
20,274 | 38,074 | ||||||
|
Prepaid insurance |
12,503 | 12,549 | ||||||
|
Deferred tax assets |
10,221 | 8,619 | ||||||
|
Prepaid taxes |
42,058 | 5,950 | ||||||
|
FOREX contracts |
1,562 | 3,627 | ||||||
|
Other |
4,940 | 9,722 | ||||||
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|
Total |
$ | 143,997 | $ | 136,099 | ||||
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