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Supplemental Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Supplemental Financial Information [Abstract] |
Accounts Receivable, Net | Accounts receivable, net, as of December 31, 2019 and 2018 consisted of the following (in millions):
|  | 2019 |  | 2018
Trade |  | $ | 466.4 |  |  | $ | 301.7 |
Other |  | 60.3 |  |  | 46.4 |
|  | 526.7 |  |  | 348.1 |
Allowance for doubtful accounts |  | (6.0 | ) |  | (3.4 | )
|  | $ | 520.7 |  |  | $ | 344.7 |
Other Current Assets | Other current assets as of December 31, 2019 and 2018 consisted of the following (in millions):
|  | 2019 |  | 2018
Materials and supplies |  | $ | 340.1 |  |  | $ | 268.1 |
Prepaid taxes |  | 36.2 |  |  | 35.0 |
Deferred costs |  | 23.3 |  |  | 23.5 |
Prepaid expenses |  | 13.5 |  |  | 15.2 |
Other |  | 33.4 |  |  | 19.1 |
|  | $ | 446.5 |  |  | $ | 360.9 |
Other Assets, Net | Other assets as of December 31, 2019 and 2018 consisted of the following (in millions):
|  | 2019 |  | 2018
Right-of-use assets |  | $ | 58.1 |  |  | $ | — |
Tax receivables |  | 36.3 |  |  | 8.4 |
Deferred tax assets |  | 26.6 |  |  | 29.4 |
Supplemental executive retirement plan assets |  | 26.0 |  |  | 27.2 |
Intangible assets |  | 11.9 |  |  | 2.5 |
Deferred costs |  | 7.1 |  |  | 13.5 |
Other |  | 22.3 |  |  | 16.8 |
|  | $ | 188.3 |  |  | $ | 97.8 |
Accrued Liabilities And Other | Accrued liabilities and other as of December 31, 2019 and 2018 consisted of the following (in millions):
|  | 2019 |  | 2018
Personnel costs |  | $ | 134.4 |  |  | $ | 82.5 |
Accrued interest |  | 115.2 |  |  | 100.6 |
Income and other taxes payable |  | 61.2 |  |  | 36.9 |
Deferred revenue |  | 30.0 |  |  | 56.9 |
Lease liabilities |  | 21.1 |  |  | — |
Other |  | 55.8 |  |  | 41.1 |
|  | $ | 417.7 |  |  | $ | 318.0 |
Other Liabilities | Other liabilities as of December 31, 2019 and 2018 consisted of the following (in millions):
|  | 2019 |  | 2018
Unrecognized tax benefits (inclusive of interest and penalties) |  | $ | 323.1 |  |  | $ | 177.0 |
Pension and other post-retirement benefits |  | 246.7 |  |  | — |
Deferred tax liabilities |  | 99.0 |  |  | 70.7 |
Intangible liabilities |  | 52.1 |  |  | 53.5 |
Lease liabilities |  | 51.8 |  |  | — |
Supplemental executive retirement plan liabilities |  | 26.7 |  |  | 28.1 |
Personnel costs |  | 24.5 |  |  | 25.1 |
Deferred revenue |  | 9.7 |  |  | 20.5 |
Other |  | 33.8 |  |  | 21.1 |
|  | $ | 867.4 |  |  | $ | 396.0 |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | Accumulated other comprehensive income as of December 31, 2019 and 2018 consisted of the following (in millions):
|  | 2019 |  | 2018
Derivative instruments |  | $ | 22.6 |  |  | $ | 12.6 |
Pension and other post-retirement benefits |  | (21.7 | ) |  | — |
Currency translation adjustment |  | 7.1 |  |  | 7.3 |
Other |  | (1.8 | ) |  | (1.7 | )
|  | $ | 6.2 |  |  | $ | 18.2 |
Repair And Maintenance Expense Related To Continuing Operations | Repair and maintenance expense related to continuing operations for each of the years in the three-year period ended December 31, 2019 was as follows (in millions):
|  | 2019 |  | 2018 |  | 2017
Repair and maintenance expense |  | $ | 303.7 |  |  | $ | 198.4 |  |  | $ | 188.7 |
Schedule of Other Nonoperating Income, by Component [Table Text Block] | Other, net, for each of the years in the three-year period ended December 31, 2019 consisted of the following (in millions):
|  | 2019 |  | 2018 |  | 2017
Gain on bargain purchase and measurement period adjustments |  | $ | 637.0 |  |  | $ | 1.8 |  |  | $ | 140.2 |
SHI settlement |  | 200.0 |  |  | — |  |  | — |
Gain (loss) on extinguishment of debt |  | 194.1 |  |  | (19.0 | ) |  | (2.6 | )
Settlement of legal dispute |  | (20.3 | ) |  | — |  |  | — |
Currency translation adjustments |  | (7.4 | ) |  | (17.2 | ) |  | (5.1 | )
Other |  | 1.0 |  |  | (.4 | ) |  | 1.9 |
|  | $ | 1,004.4 |  |  | $ | (34.8 | ) |  | $ | 134.4 |
Schedule of Cash Flows Information | Net cash provided by (used in) operating activities of continuing operations attributable to the net change in operating assets and liabilities for each of the years in the three-year period ended December 31, 2019 was as follows (in millions):
|  | 2019 |  | 2018 |  | 2017
(Increase) decrease in accounts receivable |  | $ | 29.5 |  |  | $ | (6.2 | ) |  | $ | 83.2 |
Increase in other assets |  | (32.0 | ) |  | (2.8 | ) |  | (14.0 | )
Increase (Decrease) in liabilities |  | (25.4 | ) |  | 2.7 |  |  | 3.2 |
|  | $ | (27.9 | ) |  | $ | (6.3 | ) |  | $ | 72.4 |
Cash Paid For Interest And Income Taxes | Cash paid for interest and income taxes for each of the years in the three-year period ended December 31, 2019 was as follows (in millions):
|  | 2019 |  | 2018 |  | 2017
Interest, net of amounts capitalized |  | $ | 410.0 |  |  | $ | 232.6 |  |  | $ | 199.8 |
Income taxes |  | 107.6 |  |  | 58.4 |  |  | 62.8 |
Revenue from External Customers by Products and Services [Table Text Block] | Consolidated revenues by customer for the years ended December 31, 2019, 2018 and 2017 were as follows:
|  | 2019 |  | 2018 |  | 2017
Total(1) |  | 16 | % |  | 15 | % |  | 22 | %
BP (2) |  | 9 | % |  | 7 | % |  | 15 | %
Saudi Aramco(3) |  | 7 | % |  | 11 | % |  | 9 | %
Petrobras(4) |  | 4 | % |  | 8 | % |  | 11 | %
Other |  | 64 | % |  | 59 | % |  | 43 | %
|  | 100 | % |  | 100 | % |  | 100 | %
(1) | For the years ended December 31, 2019, 93% of revenues provided by Total were attributable to the Floaters segment and the remainder was attributable to the Jackup segment. During the years 2018 and 2017, all Total revenues were attributable to the Floater segment.
(2) | For the year ended December 31, 2019, 16%, 43% and 41% of BP revenues were attributable to our Floater, Other and Jackup segments, respectively.
For the year ended December 31, 2018, 27%, 53% and 20% of BP revenues were attributable to our Floater, Other and Jackup segments, respectively. For the year ended December 31, 2017, 78% of BP revenues were attributable to our Floater segment and the remaining revenues were attributable to our Other segment.
(3) | For the years ended December 31, 2019, 2018 and 2017, all Saudi Aramco revenues were attributable to the Jackup segment.
(4) | For the years ended December 31, 2019, 2018 and 2017, all Petrobras revenues were attributable to the Floater segment.
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] | Consolidated revenues by region, including the United Kingdom, our country of domicile, for the years ended December 31, 2019, 2018 and 2017 were as follows (in millions):
|  | 2019 |  | 2018 |  | 2017
Saudi Arabia(1) |  | $ | 313.4 |  |  | $ | 182.2 |  |  | $ | 171.8 |
U.S. Gulf of Mexico(2) |  | 301.0 |  |  | 214.7 |  |  | 149.8 |
Angola(3) |  | 284.0 |  |  | 285.7 |  |  | 445.7 |
United Kingdom(4) |  | 213.1 |  |  | 192.6 |  |  | 164.6 |
Australia(5) |  | 204.2 |  |  | 283.9 |  |  | 206.7 |
Brazil(6) |  | 117.8 |  |  | 139.6 |  |  | 196.2 |
Egypt(7) |  | 40.4 |  |  | 31.2 |  |  | 214.8 |
Other |  | 579.3 |  |  | 375.5 |  |  | 293.4 |
|  | $ | 2,053.2 |  |  | $ | 1,705.4 |  |  | $ | 1,843.0 |
(1) | For the years ended December 31, 2019, 65% and 35% of revenues were attributable to our Jackup and Other segments, respectively. For the years ended December 31, 2018 and 2017, all revenues earned were attributable to our Jackup segment.
(2) | For the years ended December 31, 2019, 2018 and 2017, 46%, 30% and 29% of revenues earned in the U.S. Gulf of Mexico, respectively, were attributable to our Floaters segment, 28%, 42% and 31% of revenues were attributable to our Jackup segment, respectively, and the remaining revenues were attributable to our Other segment, respectively.
(3) | For the years ended December 31, 2019, 2018 and 2017, 87%, 86% and 88% of revenues earned in Angola, respectively, were attributable to our Floaters segment with the remaining revenues attributable to our Jackup segment.
(4) | For the years ended December 31, 2019, 2018 and 2017, all revenues earned in the United Kingdom were attributable to our Jackup segment.
(5) | For the years ended December 31, 2019, 2018 and 2017, 90%, 92% and 87% of revenues earned in Australia, respectively, were attributable to our Floaters segment with the remaining revenues attributable to our Jackup segment.
(6) | For the years ended December 31, 2019, 2018 and 2017, all revenues earned in Brazil were attributable to our Floaters segment.
(7) | For the years ended December 31, 2019, 2018 and 2017, all revenues earned in Egypt were attributable to our Floaters segment.

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