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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2019
Segment Reporting Information, Revenue for Reportable Segment [Abstract]  
Schedule Of Segment Reporting Information
Three Months Ended June 30, 2019
 
Floaters
 
Jackups
 
ARO
 
Other
 
Reconciling Items
 
Consolidated Total
Revenues
$
295.6

 
$
229.2

 
$
123.8

 
$
59.1

 
$
(123.8
)
 
$
583.9

Operating expenses
 
 
 
 
 
 
 
 
 
 
 
Contract drilling (exclusive of depreciation)
249.2

 
212.2

 
78.9

 
38.9

 
(78.9
)
 
500.3

Loss on impairment
—

 
—

 
—

 
—

 
2.5

 
2.5

Depreciation
98.4

 
55.5

 
12.4

 
—

 
(8.4
)
 
157.9

General and administrative
—

 
—

 
5.3

 
—

 
75.9

 
81.2

Equity in earnings of ARO
—

 
—

 
—

 
—

 
0.6

 
0.6

Operating income (loss)
$
(52.0
)
 
$
(38.5
)
 
$
27.2

 
$
20.2

 
$
(114.3
)
 
$
(157.4
)
Property and equipment, net
$
10,364.7

 
$
5,055.6

 
$
656.5

 
$
—

 
$
(621.1
)
 
$
15,455.7


Three Months Ended June 30, 2018
 
Floaters
 
Jackups
 
ARO
 
Other
 
Reconciling Items
 
Consolidated Total
Revenues
$
284.9

 
$
158.7

 
$
—

 
$
14.9

 
$
—

 
$
458.5

Operating expenses
 
 
 
 
 
 
 
 
 
 
—

Contract drilling (exclusive of depreciation)
203.7

 
126.8

 
—

 
13.8

 
—

 
344.3

Depreciation
80.8

 
36.5

 
—

 
—

 
3.4

 
120.7

General and administrative
—

 
—

 
—

 
—

 
26.1

 
26.1

Operating income (loss)
$
0.4

 
$
(4.6
)
 
$
—

 
$
1.1

 
$
(29.5
)
 
$
(32.6
)
Property and equipment, net
$
9,574.9

 
$
3,167.0

 
$
—

 
$
—

 
$
42.0

 
$
12,783.9


Six Months Ended June 30, 2019
 
Floaters
 
Jackups
 
ARO
 
Other
 
Reconciling Items
 
Consolidated Total
Revenues
$
528.3

 
$
386.2

 
$
123.8

 
$
75.3

 
$
(123.8
)
 
$
989.8

Operating expenses
 
 
 
 
 
 
 
 
 
 
—

Contract drilling (exclusive of depreciation)
431.0

 
347.6

 
78.9

 
54.3

 
(78.9
)
 
832.9

Loss on impairment
—

 
—

 
—

 
—

 
2.5

 
2.5

Depreciation
183.2

 
92.4

 
12.4

 
—

 
(5.1
)
 
282.9

General and administrative
—

 
—

 
5.3

 
—

 
105.5

 
110.8

Equity in earnings of ARO
—

 
—

 
—

 
—

 
0.6

 
0.6

Operating income (loss)
$
(85.9
)
 
$
(53.8
)
 
$
27.2

 
$
21.0

 
$
(147.2
)
 
$
(238.7
)
Property and equipment, net
$
10,364.7

 
$
5,055.6

 
$
656.5

 
$
—

 
$
(621.1
)
 
$
15,455.7


Six Months Ended June 30, 2018
 
Floaters
 
Jackups
 
ARO
 
Other
 
Reconciling Items
 
Consolidated Total
Revenues
$
543.9

 
$
302.1

 
$
—

 
$
29.5

 
$
—

 
$
875.5

Operating expenses
 
 
 
 
 
 
 
 
 
 
—

Contract drilling (exclusive of depreciation)
388.8

 
253.7

 
—

 
27.0

 
—

 
669.5

Depreciation
156.1

 
73.0

 
—

 
—

 
6.8

 
235.9

General and administrative
—

 
—

 
—

 
—

 
54.0

 
54.0

Operating income (loss)
$
(1.0
)
 
$
(24.6
)
 
$
—

 
$
2.5

 
$
(60.8
)
 
(83.9
)
Property and equipment, net
$
9,574.9

 
$
3,167.0

 
$
—

 
$
—

 
$
42.0

 
12,783.9
Schedule Of Geographic Distribution Of Rigs By Segment
As of June 30, 2019, the geographic distribution of our and ARO's drilling rigs was as follows:
 
Floaters
 
Jackups
 
Other (1)
 
Total Valaris
 
ARO
North & South America
12
 
9
 
—
 
21
 
—
Europe & Mediterranean
5
 
17
 
—
 
22
 
—
Middle East & Africa(2)
5
 
11
 
9
 
25
 
7
Asia & Pacific Rim
4
 
7
 
—
 
11
 
—
Asia & Pacific Rim (under construction)
2
 
—
 
—
 
2
 
—
Total
28
 
44

9
 
81

7

(1) 
The rigs included in the "Other" segment represent the nine rigs leased to ARO (two of which are expected to commence drilling operations during the third quarter of 2019). See Note 4 for additional information.
(2) 
The number of Middle East & Africa Jackup drilling rigs excludes one older Rowan jackup rig marked for retirement.