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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
    Cash and cash equivalents $ 129.5 $ 275.1
Short-term investments 0.0 329.0
    Accounts receivable, net 567.0 344.7
    Other current assets 487.5 360.9
Total current assets 1,184.0 1,309.7
PROPERTY AND EQUIPMENT, AT COST 18,392.9 15,517.0
    Less accumulated depreciation 3,142.2 2,900.8
       Property and equipment, net 15,250.7 12,616.2
LONG-TERM NOTES RECEIVABLE FROM ARO 452.9 0.0
INVESTMENT IN ARO 138.2 0.0
OTHER ASSETS 204.8 97.8
TOTAL ASSETS 17,230.6 14,023.7
CURRENT LIABILITIES    
Accounts payable - trade 326.4 210.5
Accrued liabilities and other 407.7 318.0
Less: current maturities 125.5 0.0
Total current liabilities 859.6 528.5
Long-term Debt, Excluding Current Maturities 6,042.3 5,010.4
OTHER LIABILITIES 798.2 396.0
COMMITMENTS AND CONTINGENCIES
VALARIS SHAREHOLDERS' EQUITY    
Additional paid-in capital 8,617.5 7,225.0
Retained earnings 887.7 874.2
Accumulated other comprehensive income 18.9 18.2
Treasury shares, at cost (75.2) (72.2)
Total Valaris shareholders' equity 9,531.4 8,091.4
NONCONTROLLING INTERESTS (0.9) (2.6)
Total equity 9,530.5 8,088.8
Total liabilities and shareholders' equity 17,230.6 14,023.7
Class A ordinary shares, U.S.    
VALARIS SHAREHOLDERS' EQUITY    
Common shares, value 82.4 46.1
Common Class B, Par Value In GBP    
VALARIS SHAREHOLDERS' EQUITY    
Common shares, value $ 0.1 $ 0.1