6-K Filing

SEADRILL LTD CIK: 1737706 Q2 2021

Filing Information

Form Type	6-K
Accession Number	`0001628280-21-017349`
Period End Date	20210630
Filing Date	20210820
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	sdrl-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 62 Cash Flow Statement 90 Stockholders Equity 19 Comprehensive Income 18

Balance Sheet 77 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 stock, issued (in shares)	`CommonStockSharesIssued`	100.38M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	100.38M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$428.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$526.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$132.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$147.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$122.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$125.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesCurrent`	$50.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesCurrent`	$85.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$200.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$194.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.06B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$947.00M	USD	Point-in-time
Investments in associated companies	`EquityMethodInvestments`	$248.00M	USD	Point-in-time
Investments in associated companies	`EquityMethodInvestments`	$248.00M	USD	Point-in-time
Drilling units	`MachineryAndEquipmentGross`	$2.12B	USD	Point-in-time
Drilling units	`MachineryAndEquipmentGross`	$1.93B	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$65.00M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$69.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$9.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$8.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOther`	$19.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOther`	$16.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesNoncurrent`	$410.00M	USD	Point-in-time
Amounts due from related parties, net	`DueFromRelatedPartiesNoncurrent`	$392.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$32.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$46.00M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$2.71B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$2.90B	USD	Point-in-time
Total assets	`Assets`	$3.66B	USD	Point-in-time
Total assets	`Assets`	$3.96B	USD	Point-in-time
Debt due within one year	`LongtermDebtCurrentMaturitiesNetofDebtIssuanceCosts`	$546.00M	USD	Point-in-time
Debt due within one year	`LongtermDebtCurrentMaturitiesNetofDebtIssuanceCosts`	$6.18B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$57.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$45.00M	USD	Point-in-time
Amounts due to related parties - current	`DueToRelatedPartiesCurrent`	$7.00M	USD	Point-in-time
Amounts due to related parties - current	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$316.00M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$275.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.54B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$878.00M	USD	Point-in-time
Liabilities subject to compromise	`LiabilitiesSubjectToCompromise`	-	USD	Point-in-time
Liabilities subject to compromise	`LiabilitiesSubjectToCompromise`	$6.41B	USD	Point-in-time
Long-term debt due to related parties	`DueToRelatedPartiesNoncurrent`	-	USD	Point-in-time
Long-term debt due to related parties	`DueToRelatedPartiesNoncurrent`	$426.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$10.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$105.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$120.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$113.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$556.00M	USD	Point-in-time
Commitment and contingencies (See note 29)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitment and contingencies (See note 29)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares of par value US$0.10 per share: US$0.10 per share: 138,880,000 shares authorized and 100,384,435 issued at June 30, 2021 and December 31, 2020	`CommonStockValue`	$10.00M	USD	Point-in-time
Common shares of par value US$0.10 per share: US$0.10 per share: 138,880,000 shares authorized and 100,384,435 issued at June 30, 2021 and December 31, 2020	`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`	$-26.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	Point-in-time
Retained loss	`RetainedEarningsAccumulatedDeficit`	$-6.63B	USD	Point-in-time
Retained loss	`RetainedEarningsAccumulatedDeficit`	$-7.23B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$-3.74B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$-3.14B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$151.00M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$138.00M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-98.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.14B	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.74B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.96B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.66B	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$335.00M	USD	2 Qtrs
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$392.00M	USD	2 Qtrs
Management contract revenues	`ManagementContractRevenue`	$178.00M	USD	2 Qtrs
Management contract revenues	`ManagementContractRevenue`	$88.00M	USD	2 Qtrs
Total operating revenues	`Revenues`	$452.00M	USD	2 Qtrs
Total operating revenues	`Revenues`	$598.00M	USD	2 Qtrs
Management contract expenses	`ManagementContractExpense`	$208.00M	USD	2 Qtrs
Management contract expenses	`ManagementContractExpense`	$115.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$182.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$83.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$37.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.00M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$566.00M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$748.00M	USD	2 Qtrs
Loss on impairment of long-lived assets	`AssetImpairmentCharges`	$152.00M	USD	2 Qtrs
Loss on impairment of long-lived assets	`AssetImpairmentCharges`	$1.23B	USD	2 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets`	$11.00M	USD	2 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$3.00M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$8.00M	USD	2 Qtrs
Total other operating items	`OtherOperatingIncomeLoss`	$-1.22B	USD	2 Qtrs
Total other operating items	`OtherOperatingIncomeLoss`	$-138.00M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-1.37B	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-252.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$20.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$12.00M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-200.00M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-112.00M	USD	2 Qtrs
Loss on impairment of investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$47.00M	USD	2 Qtrs
Loss on impairment of investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	2 Qtrs
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	2 Qtrs
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$-66.00M	USD	2 Qtrs
Gain/(loss) on derivative financial instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$5.00M	USD	2 Qtrs
Gain/(loss) on derivative financial instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.00M	USD	2 Qtrs
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-24.00M	USD	2 Qtrs
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$9.00M	USD	2 Qtrs
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	$29.00M	USD	2 Qtrs
Impairment of convertible bond from related party	`ImpairmentOfRelatedPartyNote`	-	USD	2 Qtrs
Unrealized gain/(loss) on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-6.00M	USD	2 Qtrs
Unrealized gain/(loss) on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$5.00M	USD	2 Qtrs
Other financial items	`OtherNonoperatingIncomeExpense`	$-33.00M	USD	2 Qtrs
Other financial items	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	2 Qtrs
Reorganization Items	`ReorganizationItems`	-	USD	2 Qtrs
Reorganization Items	`ReorganizationItems`	$230.00M	USD	2 Qtrs
Total financial and other non-operating items, net	`NonoperatingIncomeExpense`	$-342.00M	USD	2 Qtrs
Total financial and other non-operating items, net	`NonoperatingIncomeExpense`	$-374.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.75B	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-594.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.75B	USD	2 Qtrs
Net loss	`ProfitLoss`	$-605.00M	USD	2 Qtrs
Net loss attributable to the shareholder	`NetIncomeLoss`	$-1.75B	USD	2 Qtrs
Net loss attributable to the shareholder	`NetIncomeLoss`	$-605.00M	USD	2 Qtrs
Net loss attributable to the non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Net loss attributable to the non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to the redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to the redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-17.40	USD	2 Qtrs
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-6.03	USD	2 Qtrs
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-6.03	USD	2 Qtrs
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-17.40	USD	2 Qtrs

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.75B	USD	2 Qtrs
Net loss	`ProfitLoss`	$-605.00M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$83.00M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$182.00M	USD	2 Qtrs
Loss on disposals	`GainLossOnDispositionOfAssets`	$11.00M	USD	2 Qtrs
Loss on disposals	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	2 Qtrs
Share in results from associated companies (net of tax)	`IncomeLossFromEquityMethodInvestments`	$-66.00M	USD	2 Qtrs
Loss on impairment of investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$47.00M	USD	2 Qtrs
Loss on impairment of investments	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	2 Qtrs
Loss on impairment of convertible bond from related party	`LossOnImpairmentOfConvertibleBondFromRelatedParty`	$29.00M	USD	2 Qtrs
Loss on impairment of convertible bond from related party	`LossOnImpairmentOfConvertibleBondFromRelatedParty`	-	USD	2 Qtrs
Unrealized (gain)/loss related to derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$5.00M	USD	2 Qtrs
Unrealized (gain)/loss related to derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$-1.00M	USD	2 Qtrs
Loss on impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$152.00M	USD	2 Qtrs
Loss on impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.23B	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.00M	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	2 Qtrs
Unrealized (gain)/ loss on marketable securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-6.00M	USD	2 Qtrs
Unrealized (gain)/ loss on marketable securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$5.00M	USD	2 Qtrs
Payment-in-kind interest	`PaidInKindInterest`	$7.00M	USD	2 Qtrs
Payment-in-kind interest	`PaidInKindInterest`	$12.00M	USD	2 Qtrs
Non-cash reorganization items	`NonoperatingReorganizationItems`	-	USD	2 Qtrs
Non-cash reorganization items	`NonoperatingReorganizationItems`	$178.00M	USD	2 Qtrs
Amortization of discount on debt	`AmortizationOfDebtDiscountPremium`	$54.00M	USD	2 Qtrs
Amortization of discount on debt	`AmortizationOfDebtDiscountPremium`	$17.00M	USD	2 Qtrs
Unrealized foreign exchange (gain)/loss	`ForeignCurrencyTransactionGainLossUnrealized`	$4.00M	USD	2 Qtrs
Unrealized foreign exchange (gain)/loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-22.00M	USD	2 Qtrs
Change in allowance for credit losses	`ProvisionForDoubtfulAccounts`	$63.00M	USD	2 Qtrs
Change in allowance for credit losses	`ProvisionForDoubtfulAccounts`	$60.00M	USD	2 Qtrs
Distributions received from associated company	`EquityMethodInvestmentDividendsOrDistributions`	$2.00M	USD	2 Qtrs
Distributions received from associated company	`EquityMethodInvestmentDividendsOrDistributions`	$6.00M	USD	2 Qtrs
Payments for long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$26.00M	USD	2 Qtrs
Payments for long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$71.00M	USD	2 Qtrs
Repayments made under lease arrangements	`PaymentForSettlementofPaymentInKindInterest`	$31.00M	USD	2 Qtrs
Repayments made under lease arrangements	`PaymentForSettlementofPaymentInKindInterest`	-	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-10.00M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-16.00M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$15.00M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.00M	USD	2 Qtrs
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.00M	USD	2 Qtrs
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$3.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.00M	USD	2 Qtrs
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	$17.00M	USD	2 Qtrs
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	$88.00M	USD	2 Qtrs
Related party payables	`IncreaseDecreaseInDueToRelatedParties`	$-9.00M	USD	2 Qtrs
Related party payables	`IncreaseDecreaseInDueToRelatedParties`	$1.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-39.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$74.00M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$2.00M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	-	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-64.00M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-278.00M	USD	2 Qtrs
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$14.00M	USD	2 Qtrs
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$13.00M	USD	2 Qtrs
Contingent consideration received	`ProceedsfromContingentConsiderationRelatedtoDisposals`	$16.00M	USD	2 Qtrs
Contingent consideration received	`ProceedsfromContingentConsiderationRelatedtoDisposals`	-	USD	2 Qtrs
Proceeds from disposal of drilling unit	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.00M	USD	2 Qtrs
Proceeds from disposal of drilling unit	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchase of call option for non-controlling interest shares	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	2 Qtrs
Purchase of call option for non-controlling interest shares	`PaymentsForDerivativeInstrumentInvestingActivities`	$11.00M	USD	2 Qtrs
Loans granted to related party	`OriginationOfNotesReceivableFromRelatedParties`	$8.00M	USD	2 Qtrs
Loans granted to related party	`OriginationOfNotesReceivableFromRelatedParties`	$23.00M	USD	2 Qtrs
Payments received from loans granted to related parties	`ProceedsFromCollectionOfShortTermLoansToRelatedParties`	$4.00M	USD	2 Qtrs
Payments received from loans granted to related parties	`ProceedsFromCollectionOfShortTermLoansToRelatedParties`	$10.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.00M	USD	2 Qtrs
Repayments of secured credit facilities	`RepaymentsOfLinesOfCredit`	$24.00M	USD	2 Qtrs
Repayments of secured credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	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`	$-337.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents, including restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-79.00M	USD	2 Qtrs
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.00M	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`	$644.00M	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`	$723.00M	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`	$644.00M	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`	-	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`	$3.00M	USD	2 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Common shares, outstanding (in shares), beginning balance	`CommonStockSharesIssued`	100.38M	shares	Point-in-time
Common shares, outstanding (in shares), beginning balance	`CommonStockSharesIssued`	100.38M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-98.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.14B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.74B	USD	Point-in-time
Purchase option on non-controlling interest	`MinorityInterestDecreaseFromRedemptions`	$-11.00M	USD	2 Qtrs
Share-based compensation charge	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.00M	USD	2 Qtrs
Net loss	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$-1.75B	USD	2 Qtrs
Net loss	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$-605.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.00M	USD	2 Qtrs
Fair Value adjustment AOD Redeemable NCI	`RevaluationOfRedeemableNoncontrollingInterest`	$30.00M	USD	2 Qtrs
Common shares, outstanding (in shares), ending balance	`CommonStockSharesIssued`	100.38M	shares	Point-in-time
Common shares, outstanding (in shares), ending balance	`CommonStockSharesIssued`	100.38M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-98.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.14B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.74B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.75B	USD	2 Qtrs
Net loss	`ProfitLoss`	$-605.00M	USD	2 Qtrs
Share of other comprehensive profit/(loss) from associated companies	`OtherComprehensiveIncomeOtherNetOfTax`	$4.00M	USD	2 Qtrs
Share of other comprehensive profit/(loss) from associated companies	`OtherComprehensiveIncomeOtherNetOfTax`	$-17.00M	USD	2 Qtrs
Change in fair value of debt component of Archer convertible bond	`OtherComprehensiveIncomeDeconsolidationOfSubsidiaries`	$1.00M	USD	2 Qtrs
Change in fair value of debt component of Archer convertible bond	`OtherComprehensiveIncomeDeconsolidationOfSubsidiaries`	$2.00M	USD	2 Qtrs
Actuarial loss relating to pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Actuarial loss relating to pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$7.00M	USD	2 Qtrs
Other comprehensive gain/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-22.00M	USD	2 Qtrs
Other comprehensive gain/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	2 Qtrs
Total comprehensive loss for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.77B	USD	2 Qtrs
Total comprehensive loss for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-600.00M	USD	2 Qtrs
Comprehensive loss attributable to the shareholder	`ComprehensiveIncomeNetOfTax`	$-1.77B	USD	2 Qtrs
Comprehensive loss attributable to the shareholder	`ComprehensiveIncomeNetOfTax`	$-600.00M	USD	2 Qtrs
Comprehensive loss attributable to the non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive loss attributable to the non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Comprehensive gain attributable to the redeemable non-controlling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive gain attributable to the redeemable non-controlling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$1.00M	USD	2 Qtrs

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