6-K Filing

SEADRILL LTD CIK: 1737706 Q2 2020

Filing Information

Form Type	6-K
Accession Number	`0001628280-20-013012`
Period End Date	20200630
Filing Date	20200824
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	sdrl-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 118 Cash Flow Statement 107 Stockholders Equity 30 Comprehensive Income 38

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common shares authorized (in shares)	`CommonStockSharesAuthorized`	138.88M	shares	Point-in-time
Common shares authorized (in shares)	`CommonStockSharesAuthorized`	138.88M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesIssued`	100.33M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesIssued`	100.23M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$849.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$135.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$80.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$173.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$157.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesCurrent`	$181.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesCurrent`	$184.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$139.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$158.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.77B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Investments in associated companies	`EquityMethodInvestments`	$257.00M	USD	Point-in-time
Investments in associated companies	`EquityMethodInvestments`	$389.00M	USD	Point-in-time
Drilling units	`MachineryAndEquipmentGross`	$6.40B	USD	Point-in-time
Drilling units	`MachineryAndEquipmentGross`	$5.08B	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$107.00M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$91.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$6.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$4.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOther`	$20.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOther`	$23.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesNoncurrent`	$382.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesNoncurrent`	$523.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$44.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$59.00M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$7.51B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$5.88B	USD	Point-in-time
Total assets	`Assets`	$9.28B	USD	Point-in-time
Total assets	`Assets`	$7.29B	USD	Point-in-time
Debt due within one year	`LongtermDebtCurrentMaturitiesNetofDebtIssuanceCosts`	$420.00M	USD	Point-in-time
Debt due within one year	`LongtermDebtCurrentMaturitiesNetofDebtIssuanceCosts`	$343.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$86.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$70.00M	USD	Point-in-time
Amounts due to related parties - current	`DueToRelatedPartiesCurrent`	$19.00M	USD	Point-in-time
Amounts due to related parties - current	`DueToRelatedPartiesCurrent`	$11.00M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$322.00M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$281.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$782.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$770.00M	USD	Point-in-time
Long-term debt	`LongtermDebtExcludingCurrentMaturitiesNetofDebtIssuanceCosts`	$6.28B	USD	Point-in-time
Long-term debt	`LongtermDebtExcludingCurrentMaturitiesNetofDebtIssuanceCosts`	$6.21B	USD	Point-in-time
Long-term debt due to related parties	`DueToRelatedPartiesNoncurrent`	$239.00M	USD	Point-in-time
Long-term debt due to related parties	`DueToRelatedPartiesNoncurrent`	$238.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$12.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$12.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$128.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$116.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$6.58B	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$6.66B	USD	Point-in-time
Commitments and contingencies (See note 27)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See note 27)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$26.00M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$57.00M	USD	Point-in-time
Common shares of par value $0.10 per share: 138,880,000 shares authorized and 100,329,887 issued at June 30, 2020 (Common shares of par value $0.10 per share: 138,880,000 shares authorized and 100,234,973 issued at December 31, 2019)	`CommonStockValue`	$10.00M	USD	Point-in-time
Common shares of par value $0.10 per share: 138,880,000 shares authorized and 100,329,887 issued at June 30, 2020 (Common shares of par value $0.10 per share: 138,880,000 shares authorized and 100,234,973 issued at December 31, 2019)	`CommonStockValue`	$10.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.50B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.50B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.00M	USD	Point-in-time
Retained loss	`RetainedEarningsAccumulatedDeficit`	$-3.71B	USD	Point-in-time
Retained loss	`RetainedEarningsAccumulatedDeficit`	$-1.85B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$-236.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.64B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$138.00M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$151.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.74B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$86.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-98.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and equity	`LiabilitiesAndStockholdersEquity`	$9.28B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and equity	`LiabilitiesAndStockholdersEquity`	$7.29B	USD	Point-in-time

Income Statement 118 line items

Line Item	Tag	Value	Unit	Period
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$253.00M	USD	1 Quarter
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$508.00M	USD	2 Qtrs
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$189.00M	USD	1 Quarter
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$392.00M	USD	2 Qtrs
Revenues	`Revenues`	$277.00M	USD	1 Quarter
Revenues	`Revenues`	$598.00M	USD	2 Qtrs
Revenues	`Revenues`	$623.00M	USD	2 Qtrs
Revenues	`Revenues`	$321.00M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$82.00M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$104.00M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$212.00M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$182.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	-	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$73.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$38.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	-	USD	1 Quarter
Selling, general and administrative expenses	`GeneralAndAdministrativeExpense`	$37.00M	USD	2 Qtrs
Selling, general and administrative expenses	`GeneralAndAdministrativeExpense`	$17.00M	USD	1 Quarter
Selling, general and administrative expenses	`GeneralAndAdministrativeExpense`	$47.00M	USD	2 Qtrs
Selling, general and administrative expenses	`GeneralAndAdministrativeExpense`	$24.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$796.00M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$397.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$365.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$748.00M	USD	2 Qtrs
Impairment of long-lived assets	`AssetImpairmentCharges`	$1.23B	USD	2 Qtrs
Impairment of long-lived assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of long-lived assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of long-lived assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$29.00M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$3.00M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$8.00M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Total other operating items	`OtherOperatingIncomeLoss`	-	USD	1 Quarter
Total other operating items	`OtherOperatingIncomeLoss`	$29.00M	USD	2 Qtrs
Total other operating items	`OtherOperatingIncomeLoss`	$-1.22B	USD	2 Qtrs
Total other operating items	`OtherOperatingIncomeLoss`	$3.00M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.37B	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-73.00M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-144.00M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-88.00M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$20.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$8.00M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$39.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$19.00M	USD	1 Quarter
Interest expenses	`InterestIncomeExpenseNet`	$-254.00M	USD	2 Qtrs
Interest expenses	`InterestIncomeExpenseNet`	$-122.00M	USD	1 Quarter
Interest expenses	`InterestIncomeExpenseNet`	$-92.00M	USD	1 Quarter
Interest expenses	`InterestIncomeExpenseNet`	$-200.00M	USD	2 Qtrs
Loss on impairment of equity method investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$47.00M	USD	2 Qtrs
Loss on impairment of equity method investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	2 Qtrs
Loss on impairment of equity method investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$47.00M	USD	1 Quarter
Loss on impairment of equity method investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	1 Quarter
Loss on impairment of equity method investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	1 Quarter
Share in results from associated companies	`IncomeLossFromEquityMethodInvestments`	$-65.00M	USD	2 Qtrs
Share in results from associated companies	`IncomeLossFromEquityMethodInvestments`	$-23.00M	USD	1 Quarter
Share in results from associated companies	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	1 Quarter
Share in results from associated companies	`IncomeLossFromEquityMethodInvestments`	$-66.00M	USD	2 Qtrs
Loss on derivative financial instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$-33.00M	USD	2 Qtrs
Loss on derivative financial instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.00M	USD	2 Qtrs
Loss on derivative financial instruments	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Loss on derivative financial instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$-6.00M	USD	1 Quarter
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-22.00M	USD	2 Qtrs
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-22.00M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.00M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.00M	USD	2 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-24.00M	USD	2 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.00M	USD	1 Quarter
Loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-14.00M	USD	1 Quarter
Loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$1.00M	USD	1 Quarter
Loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-35.00M	USD	2 Qtrs
Loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-6.00M	USD	2 Qtrs
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	-	USD	1 Quarter
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	-	USD	2 Qtrs
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	$11.00M	USD	Annual
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	-	USD	1 Quarter
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	$29.00M	USD	2 Qtrs
Other financial items	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	2 Qtrs
Other financial items	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other financial items	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	2 Qtrs
Other financial items	`OtherNonoperatingIncomeExpense`	$-9.00M	USD	1 Quarter
Total financial items and other non-operating items	`NonoperatingIncomeExpense`	$-370.00M	USD	2 Qtrs
Total financial items and other non-operating items	`NonoperatingIncomeExpense`	$-90.00M	USD	1 Quarter
Total financial items and other non-operating items	`NonoperatingIncomeExpense`	$-374.00M	USD	2 Qtrs
Total financial items and other non-operating items	`NonoperatingIncomeExpense`	$-163.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-178.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-236.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-514.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.75B	USD	2 Qtrs
Income tax benefit/(expense)	`IncomeTaxExpenseBenefit`	$-30.00M	USD	1 Quarter
Income tax benefit/(expense)	`IncomeTaxExpenseBenefit`	$5.00M	USD	1 Quarter
Income tax benefit/(expense)	`IncomeTaxExpenseBenefit`	$2.00M	USD	2 Qtrs
Income tax benefit/(expense)	`IncomeTaxExpenseBenefit`	$-12.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.75B	USD	2 Qtrs
Net loss	`ProfitLoss`	$-183.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-206.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-502.00M	USD	2 Qtrs
Net loss attributable to shareholder	`NetIncomeLoss`	$-181.00M	USD	1 Quarter
Net loss attributable to shareholder	`NetIncomeLoss`	$-203.00M	USD	1 Quarter
Net loss attributable to shareholder	`NetIncomeLoss`	$-498.00M	USD	2 Qtrs
Net loss attributable to shareholder	`NetIncomeLoss`	$-1.75B	USD	2 Qtrs
Net income/(loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	1 Quarter
Net income/(loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Net income/(loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income/(loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Net income/(loss) attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income/(loss) attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income/(loss) attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Net income/(loss) attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-1.80	USD	1 Quarter
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-17.40	USD	2 Qtrs
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-4.98	USD	2 Qtrs
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-2.03	USD	1 Quarter
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-1.80	USD	1 Quarter
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-4.98	USD	2 Qtrs
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-2.03	USD	1 Quarter
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-17.40	USD	2 Qtrs

Cash Flow Statement 107 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.75B	USD	2 Qtrs
Net loss	`ProfitLoss`	$-183.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-206.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-502.00M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$82.00M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$104.00M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$212.00M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$182.00M	USD	2 Qtrs
Amortization of unfavorable and favorable contracts	`AmortizationofFavorableUnfavorableContracts`	-	USD	2 Qtrs
Amortization of unfavorable and favorable contracts	`AmortizationofFavorableUnfavorableContracts`	$73.00M	USD	2 Qtrs
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$-65.00M	USD	2 Qtrs
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$-23.00M	USD	1 Quarter
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	1 Quarter
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$-66.00M	USD	2 Qtrs
Impairment loss on associated companies	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$47.00M	USD	2 Qtrs
Impairment loss on associated companies	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	2 Qtrs
Impairment loss on associated companies	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$47.00M	USD	1 Quarter
Impairment loss on associated companies	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	1 Quarter
Impairment loss on associated companies	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	1 Quarter
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	-	USD	1 Quarter
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	-	USD	2 Qtrs
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	$11.00M	USD	Annual
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	-	USD	1 Quarter
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	$29.00M	USD	2 Qtrs
Unrealized loss related to derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$-33.00M	USD	2 Qtrs
Unrealized loss related to derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$-1.00M	USD	2 Qtrs
Loss on impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.23B	USD	1 Quarter
Loss on impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.23B	USD	2 Qtrs
Loss on impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-26.00M	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.00M	USD	2 Qtrs
Unrealized loss on marketable securities	`EquitySecuritiesFvNiUnrealizedLoss`	$6.00M	USD	2 Qtrs
Unrealized loss on marketable securities	`EquitySecuritiesFvNiUnrealizedLoss`	$35.00M	USD	2 Qtrs
Payment-in-kind interest	`PaidInKindInterest`	$2.00M	USD	2 Qtrs
Payment-in-kind interest	`PaidInKindInterest`	$7.00M	USD	2 Qtrs
Amortization of discount on debt	`AmortizationOfDebtDiscountPremium`	$18.00M	USD	2 Qtrs
Amortization of discount on debt	`AmortizationOfDebtDiscountPremium`	$17.00M	USD	2 Qtrs
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-22.00M	USD	2 Qtrs
Net loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-22.00M	USD	1 Quarter
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	2 Qtrs
Unrealized foreign exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-22.00M	USD	2 Qtrs
Change in allowance for expected credit losses	`ProvisionForDoubtfulAccounts`	$43.00M	USD	1 Quarter
Change in allowance for expected credit losses	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Change in allowance for expected credit losses	`ProvisionForDoubtfulAccounts`	$63.00M	USD	2 Qtrs
Change in allowance for expected credit losses	`ProvisionForDoubtfulAccounts`	$20.00M	USD	1 Quarter
Distributions received from associated company	`EquityMethodInvestmentDividendsOrDistributions`	$2.00M	USD	2 Qtrs
Distributions received from associated company	`EquityMethodInvestmentDividendsOrDistributions`	$2.00M	USD	2 Qtrs
Payments for long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$37.00M	USD	2 Qtrs
Payments for long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$71.00M	USD	2 Qtrs
Settlement of payment-in-kind interest on Senior secured notes	`PaymentForSettlementofPaymentInKindInterest`	$39.00M	USD	2 Qtrs
Settlement of payment-in-kind interest on Senior secured notes	`PaymentForSettlementofPaymentInKindInterest`	-	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$20.00M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-16.00M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.00M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.00M	USD	2 Qtrs
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.00M	USD	2 Qtrs
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.00M	USD	2 Qtrs
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	$88.00M	USD	2 Qtrs
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	$-34.00M	USD	2 Qtrs
Related party payables	`IncreaseDecreaseInDueToRelatedParties`	$-9.00M	USD	2 Qtrs
Related party payables	`IncreaseDecreaseInDueToRelatedParties`	$-17.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$46.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-13.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-39.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$8.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.00M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$1.00M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$2.00M	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-184.00M	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-278.00M	USD	2 Qtrs
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$27.00M	USD	2 Qtrs
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$14.00M	USD	2 Qtrs
Contingent consideration received	`ProceedsfromContingentConsiderationRelatedtoDisposals`	$16.00M	USD	2 Qtrs
Contingent consideration received	`ProceedsfromContingentConsiderationRelatedtoDisposals`	$16.00M	USD	2 Qtrs
Purchase of call option for non-controlling interest shares	`PaymentsForDerivativeInstrumentInvestingActivities`	$11.00M	USD	2 Qtrs
Purchase of call option for non-controlling interest shares	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	2 Qtrs
Loans granted to related parties	`PaymentsToFundLongtermLoansToRelatedParties`	$8.00M	USD	2 Qtrs
Loans granted to related parties	`PaymentsToFundLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Payments received from loans granted to related parties	`ProceedsFromCollectionOfShortTermLoansToRelatedParties`	-	USD	2 Qtrs
Payments received from loans granted to related parties	`ProceedsFromCollectionOfShortTermLoansToRelatedParties`	$4.00M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.00M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.00M	USD	2 Qtrs
Repayments of secured credit facilities	`RepaymentsOfLinesOfCredit`	$10.00M	USD	2 Qtrs
Repayments of secured credit facilities	`RepaymentsOfLinesOfCredit`	$24.00M	USD	2 Qtrs
Mandatory redemption of senior secured notes	`RepaymentsOfSecuredDebt`	$333.00M	USD	2 Qtrs
Mandatory redemption of senior secured notes	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-343.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.00M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-22.00M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents, including restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-534.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents, including restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-337.00M	USD	2 Qtrs
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00B	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.36B	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00B	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.36B	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$219.00M	USD	2 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$167.00M	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	$7.00M	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	$25.00M	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.74B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$86.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-98.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Purchase option on non-controlling interest	`MinorityInterestDecreaseFromRedemptions`	$11.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-16.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-22.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Share-based compensation charge	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Share-based compensation charge	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Share-based compensation charge	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Share-based compensation charge	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Fair Value adjustment AOD Redeemable NCI	`FairValueAdjustmentIncreaseDecreaseRedeemableNoncontrollingInterest`	$3.00M	USD	1 Quarter
Fair Value adjustment AOD Redeemable NCI	`FairValueAdjustmentIncreaseDecreaseRedeemableNoncontrollingInterest`	$27.00M	USD	1 Quarter
Fair Value adjustment AOD Redeemable NCI	`FairValueAdjustmentIncreaseDecreaseRedeemableNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-295.00M	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-205.00M	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-182.00M	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.56B	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.74B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$86.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-98.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time

Comprehensive Income 38 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.75B	USD	2 Qtrs
Net loss	`ProfitLoss`	$-183.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-206.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-502.00M	USD	2 Qtrs
Change in fair value of debt component of Archer convertible bond	`OtherComprehensiveIncomeDeconsolidationOfSubsidiaries`	$6.00M	USD	2 Qtrs
Change in fair value of debt component of Archer convertible bond	`OtherComprehensiveIncomeDeconsolidationOfSubsidiaries`	$1.00M	USD	1 Quarter
Change in fair value of debt component of Archer convertible bond	`OtherComprehensiveIncomeDeconsolidationOfSubsidiaries`	$2.00M	USD	2 Qtrs
Change in fair value of debt component of Archer convertible bond	`OtherComprehensiveIncomeDeconsolidationOfSubsidiaries`	$2.00M	USD	1 Quarter
Actuarial loss relating to pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Actuarial loss relating to pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$7.00M	USD	1 Quarter
Actuarial loss relating to pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$7.00M	USD	2 Qtrs
Actuarial loss relating to pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Share of other comprehensive loss from associated companies	`OtherComprehensiveIncomeOtherNetOfTax`	$-17.00M	USD	2 Qtrs
Share of other comprehensive loss from associated companies	`OtherComprehensiveIncomeOtherNetOfTax`	$-9.00M	USD	2 Qtrs
Share of other comprehensive loss from associated companies	`OtherComprehensiveIncomeOtherNetOfTax`	$-5.00M	USD	1 Quarter
Share of other comprehensive loss from associated companies	`OtherComprehensiveIncomeOtherNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive loss:	`OtherComprehensiveIncomeLossNetOfTax`	$-4.00M	USD	1 Quarter
Other comprehensive loss:	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive loss:	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	2 Qtrs
Other comprehensive loss:	`OtherComprehensiveIncomeLossNetOfTax`	$-16.00M	USD	1 Quarter
Other comprehensive loss:	`OtherComprehensiveIncomeLossNetOfTax`	$-22.00M	USD	2 Qtrs
Other comprehensive loss:	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Total comprehensive loss for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.77B	USD	2 Qtrs
Total comprehensive loss for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-505.00M	USD	2 Qtrs
Total comprehensive loss for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-210.00M	USD	1 Quarter
Total comprehensive loss for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-189.00M	USD	1 Quarter
Comprehensive loss attributable to the shareholder	`ComprehensiveIncomeNetOfTax`	$-501.00M	USD	2 Qtrs
Comprehensive loss attributable to the shareholder	`ComprehensiveIncomeNetOfTax`	$-207.00M	USD	1 Quarter
Comprehensive loss attributable to the shareholder	`ComprehensiveIncomeNetOfTax`	$-187.00M	USD	1 Quarter
Comprehensive loss attributable to the shareholder	`ComprehensiveIncomeNetOfTax`	$-1.77B	USD	2 Qtrs
Comprehensive loss attributable to the non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Comprehensive loss attributable to the non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Comprehensive loss attributable to the non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00M	USD	1 Quarter
Comprehensive loss attributable to the non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Comprehensive loss attributable to the redeemable non-controlling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Comprehensive loss attributable to the redeemable non-controlling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Comprehensive loss attributable to the redeemable non-controlling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Comprehensive loss attributable to the redeemable non-controlling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$-1.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.