10-Q Filing

SEADRILL LTD CIK: 1737706 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001628280-25-024646`
Period End Date	20250331
Filing Date	20250512
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	sdrl-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 124 Income Statement 88 Cash Flow Statement 116 Stockholders Equity 38

Balance Sheet 124 line items

Line Item	Tag	Value	Unit	Period
Drilling units, accumulated depreciation	`DrillingUnitsAccumulatedDepreciation`	$430.00M	USD	Point-in-time
Drilling units, accumulated depreciation	`DrillingUnitsAccumulatedDepreciation`	$430.00M	USD	Point-in-time
Drilling units, accumulated depreciation	`DrillingUnitsAccumulatedDepreciation`	$491.00M	USD	Point-in-time
Drilling units, accumulated depreciation	`DrillingUnitsAccumulatedDepreciation`	$491.00M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	375.00M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	375.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$404.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$404.00M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	375.00M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	375.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$478.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$478.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	62.16M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	62.16M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$26.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$26.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	62.15M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	62.15M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$27.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$27.00M	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$193.00M	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$193.00M	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$143.00M	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$143.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$230.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$230.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$228.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$228.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$928.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$928.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$801.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$801.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$76.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$76.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$68.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$68.00M	USD	Point-in-time
Drilling units (net of accumulated depreciation of 491 as of March 31, 2025 (December 31, 2024: 430)	`DrillingUnitsNet`	$2.97B	USD	Point-in-time
Drilling units (net of accumulated depreciation of 491 as of March 31, 2025 (December 31, 2024: 430)	`DrillingUnitsNet`	$2.97B	USD	Point-in-time
Drilling units (net of accumulated depreciation of 491 as of March 31, 2025 (December 31, 2024: 430)	`DrillingUnitsNet`	$2.95B	USD	Point-in-time
Drilling units (net of accumulated depreciation of 491 as of March 31, 2025 (December 31, 2024: 430)	`DrillingUnitsNet`	$2.95B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$60.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$60.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$63.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$63.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOtherNet`	$5.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOtherNet`	$5.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOtherNet`	$5.00M	USD	Point-in-time
Equipment	`PropertyPlantAndEquipmentOtherNet`	$5.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$152.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$152.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$146.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$146.00M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$3.23B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$3.23B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$3.26B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$3.26B	USD	Point-in-time
Total assets	`Assets`	$4.16B	USD	Point-in-time
Total assets	`Assets`	$4.16B	USD	Point-in-time
Total assets	`Assets`	$4.06B	USD	Point-in-time
Total assets	`Assets`	$4.06B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$78.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$78.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$118.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$118.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$383.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$383.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$321.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$321.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$501.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$501.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$399.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$399.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$610.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$610.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$611.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$611.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$116.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$116.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$134.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$134.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$737.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$737.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$756.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$756.00M	USD	Point-in-time
Commitments and contingencies (see Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares of par value $0.01 per share: 375,000,000 shares authorized as of March 31, 2025 (December 31, 2024: 375,000,000) and 62,163,028 issued as of March 31, 2025 (December 31, 2024: 62,154,422)	`CommonStockValue`	$622.00K	USD	Point-in-time
Common shares of par value $0.01 per share: 375,000,000 shares authorized as of March 31, 2025 (December 31, 2024: 375,000,000) and 62,163,028 issued as of March 31, 2025 (December 31, 2024: 62,154,422)	`CommonStockValue`	$622.00K	USD	Point-in-time
Common shares of par value $0.01 per share: 375,000,000 shares authorized as of March 31, 2025 (December 31, 2024: 375,000,000) and 62,163,028 issued as of March 31, 2025 (December 31, 2024: 62,154,422)	`CommonStockValue`	$622.00K	USD	Point-in-time
Common shares of par value $0.01 per share: 375,000,000 shares authorized as of March 31, 2025 (December 31, 2024: 375,000,000) and 62,163,028 issued as of March 31, 2025 (December 31, 2024: 62,154,422)	`CommonStockValue`	$622.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.97B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.97B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.97B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.97B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$947.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$947.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$933.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$933.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.93B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.93B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.16B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.16B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.06B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.06B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$248.00M	USD	1 Quarter
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$248.00M	USD	1 Quarter
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$275.00M	USD	1 Quarter
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$275.00M	USD	1 Quarter
Management contract revenues	`ManagementContractRevenues`	$58.00M	USD	1 Quarter
Management contract revenues	`ManagementContractRevenues`	$58.00M	USD	1 Quarter
Management contract revenues	`ManagementContractRevenues`	$61.00M	USD	1 Quarter
Management contract revenues	`ManagementContractRevenues`	$61.00M	USD	1 Quarter
Leasing revenues	`OperatingLeaseLeaseIncome`	$11.00M	USD	1 Quarter
Leasing revenues	`OperatingLeaseLeaseIncome`	$11.00M	USD	1 Quarter
Leasing revenues	`OperatingLeaseLeaseIncome`	$8.00M	USD	1 Quarter
Leasing revenues	`OperatingLeaseLeaseIncome`	$8.00M	USD	1 Quarter
Total operating revenues	`Revenues`	$335.00M	USD	1 Quarter
Total operating revenues	`Revenues`	$335.00M	USD	1 Quarter
Total operating revenues	`Revenues`	$367.00M	USD	1 Quarter
Total operating revenues	`Revenues`	$367.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.00M	USD	1 Quarter
Management contract expenses	`ManagementContractExpenses`	$38.00M	USD	1 Quarter
Management contract expenses	`ManagementContractExpenses`	$38.00M	USD	1 Quarter
Management contract expenses	`ManagementContractExpenses`	$45.00M	USD	1 Quarter
Management contract expenses	`ManagementContractExpenses`	$45.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$25.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$25.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$23.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$23.00M	USD	1 Quarter
Merger and integration related expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Merger and integration related expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Merger and integration related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$2.00M	USD	1 Quarter
Merger and integration related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$2.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$303.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$303.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$317.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$317.00M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$16.00M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$16.00M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Total other operating items	`OtherOperatingIncomeLoss`	$16.00M	USD	1 Quarter
Total other operating items	`OtherOperatingIncomeLoss`	$16.00M	USD	1 Quarter
Total other operating items	`OtherOperatingIncomeLoss`	-	USD	1 Quarter
Total other operating items	`OtherOperatingIncomeLoss`	-	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$80.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$80.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$18.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$18.00M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$7.00M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$7.00M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$4.00M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$4.00M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$15.00M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$15.00M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$15.00M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$15.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$8.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$8.00M	USD	1 Quarter
Other financial and non-operating items	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
Other financial and non-operating items	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
Other financial and non-operating items	`OtherNonoperatingIncomeExpense`	$-14.00M	USD	1 Quarter
Other financial and non-operating items	`OtherNonoperatingIncomeExpense`	$-14.00M	USD	1 Quarter
Total financial and other non-operating items, net	`NonoperatingIncomeExpense`	$-17.00M	USD	1 Quarter
Total financial and other non-operating items, net	`NonoperatingIncomeExpense`	$-17.00M	USD	1 Quarter
Total financial and other non-operating items, net	`NonoperatingIncomeExpense`	$-10.00M	USD	1 Quarter
Total financial and other non-operating items, net	`NonoperatingIncomeExpense`	$-10.00M	USD	1 Quarter
Profit before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.00M	USD	1 Quarter
Profit before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.00M	USD	1 Quarter
Profit before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$70.00M	USD	1 Quarter
Profit before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$70.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$-14.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$-14.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$60.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$60.00M	USD	1 Quarter
Basic EPS (in usd per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter
Basic EPS (in usd per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter
Basic EPS (in usd per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Basic EPS (in usd per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Diluted EPS (in usd per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Diluted EPS (in usd per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Diluted EPS (in usd per share)	`EarningsPerShareDiluted`	$-0.23	USD	1 Quarter
Diluted EPS (in usd per share)	`EarningsPerShareDiluted`	$-0.23	USD	1 Quarter

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net (loss)/income	`ProfitLoss`	$-14.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$-14.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$60.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$60.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$8.00M	USD	1 Quarter
Equity in earnings of equity method investments (net of tax)	`IncomeLossFromEquityMethodInvestments`	$8.00M	USD	1 Quarter
Deferred tax expense/(benefit)	`DeferredIncomeTaxExpenseBenefit`	$-5.00M	USD	1 Quarter
Deferred tax expense/(benefit)	`DeferredIncomeTaxExpenseBenefit`	$-5.00M	USD	1 Quarter
Deferred tax expense/(benefit)	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Deferred tax expense/(benefit)	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Unrealized (gain)/loss on foreign exchange	`DerivativeAndForeignCurrencyTransactionPriceChangeUnrealizedGainLossOperatingBeforeTax`	$1.00M	USD	1 Quarter
Unrealized (gain)/loss on foreign exchange	`DerivativeAndForeignCurrencyTransactionPriceChangeUnrealizedGainLossOperatingBeforeTax`	$1.00M	USD	1 Quarter
Unrealized (gain)/loss on foreign exchange	`DerivativeAndForeignCurrencyTransactionPriceChangeUnrealizedGainLossOperatingBeforeTax`	$-3.00M	USD	1 Quarter
Unrealized (gain)/loss on foreign exchange	`DerivativeAndForeignCurrencyTransactionPriceChangeUnrealizedGainLossOperatingBeforeTax`	$-3.00M	USD	1 Quarter
Amortization of debt issue costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.00M	USD	1 Quarter
Amortization of debt issue costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.00M	USD	1 Quarter
Amortization of debt issue costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.00M	USD	1 Quarter
Amortization of debt issue costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.00M	USD	1 Quarter
Share based compensation expense	`ShareBasedCompensation`	$4.00M	USD	1 Quarter
Share based compensation expense	`ShareBasedCompensation`	$4.00M	USD	1 Quarter
Share based compensation expense	`ShareBasedCompensation`	$3.00M	USD	1 Quarter
Share based compensation expense	`ShareBasedCompensation`	$3.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-12.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-12.00M	USD	1 Quarter
Additions to long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$54.00M	USD	1 Quarter
Additions to long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$54.00M	USD	1 Quarter
Additions to long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$29.00M	USD	1 Quarter
Additions to long-term maintenance	`PaymentOfLongTermMaintenanceCost`	$29.00M	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-25.00M	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-25.00M	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-42.00M	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-42.00M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.00M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.00M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-35.00M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-35.00M	USD	1 Quarter
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.00M	USD	1 Quarter
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.00M	USD	1 Quarter
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.00M	USD	1 Quarter
Prepaid expenses/accrued revenue	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$5.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$5.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-9.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-9.00M	USD	1 Quarter
Deferred mobilization costs	`IncreaseDecreaseInDeferredCharges`	$-6.00M	USD	1 Quarter
Deferred mobilization costs	`IncreaseDecreaseInDeferredCharges`	$-6.00M	USD	1 Quarter
Deferred mobilization costs	`IncreaseDecreaseInDeferredCharges`	$-4.00M	USD	1 Quarter
Deferred mobilization costs	`IncreaseDecreaseInDeferredCharges`	$-4.00M	USD	1 Quarter
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	$5.00M	USD	1 Quarter
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	$5.00M	USD	1 Quarter
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	1 Quarter
Related party receivables	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-25.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-25.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-50.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-50.00M	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.00M	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.00M	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.00M	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.00M	USD	1 Quarter
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$23.00M	USD	1 Quarter
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$23.00M	USD	1 Quarter
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$45.00M	USD	1 Quarter
Additions to drilling units and equipment	`PaymentsToAcquireMachineryAndEquipment`	$45.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.00M	USD	1 Quarter
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$119.00M	USD	1 Quarter
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$119.00M	USD	1 Quarter
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-119.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-119.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.00M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.00M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.00M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.00M	USD	1 Quarter
Net decrease in cash and cash equivalents, including restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-116.00M	USD	1 Quarter
Net decrease in cash and cash equivalents, including restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-116.00M	USD	1 Quarter
Net decrease in cash and cash equivalents, including restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-75.00M	USD	1 Quarter
Net decrease in cash and cash equivalents, including restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-75.00M	USD	1 Quarter
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$612.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$612.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$430.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$430.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$728.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$728.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$612.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$612.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$430.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$430.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$728.00M	USD	Point-in-time
Cash and cash equivalents, including restricted cash, at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$728.00M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$335.00M	USD	1 Quarter
Revenues	`Revenues`	$335.00M	USD	1 Quarter
Revenues	`Revenues`	$367.00M	USD	1 Quarter
Revenues	`Revenues`	$367.00M	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesIssued`	62.16M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	62.16M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	62.15M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	62.15M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.93B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.93B	USD	Point-in-time
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Shares repurchased and cancelled	`StockRepurchasedAndRetiredDuringPeriodValue`	$119.00M	USD	1 Quarter
Shares repurchased and cancelled	`StockRepurchasedAndRetiredDuringPeriodValue`	$119.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$-14.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$-14.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$60.00M	USD	1 Quarter
Net (loss)/income	`ProfitLoss`	$60.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesIssued`	62.16M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	62.16M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	62.15M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	62.15M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.93B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.93B	USD	Point-in-time

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