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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2020
Segment Reporting Information, Revenue for Reportable Segment [Abstract] |
Schedule Of Segment Reporting Information | Three Months Ended March 31, 2020
| Floaters |  | Jackups |  | ARO |  | Other |  | Reconciling Items |  | Consolidated Total
Revenues | $ | 179.6 |  |  | $ | 212.8 |  |  | $ | 140.3 |  |  | $ | 64.2 |  |  | $ | (140.3 | ) |  | $ | 456.6 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Contract drilling (exclusive of depreciation) | 213.9 |  |  | 226.1 |  |  | 108.3 |  |  | 36.0 |  |  | (108.3 | ) |  | 476.0 |
Loss on impairment | 2,554.3 |  |  | 253.9 |  |  | — |  |  | — |  |  | — |  |  | 2,808.2 |
Depreciation | 89.4 |  |  | 58.5 |  |  | 13.0 |  |  | 11.1 |  |  | (7.5 | ) |  | 164.5 |
General and administrative | — |  |  | — |  |  | 8.3 |  |  | — |  |  | 45.1 |  |  | 53.4 |
Equity in earnings of ARO | — |  |  | — |  |  | — |  |  | — |  |  | (6.3 | ) |  | (6.3 | )
Operating income (loss) | $ | (2,678.0 | ) |  | $ | (325.7 | ) |  | $ | 10.7 |  |  | $ | 17.1 |  |  | $ | (75.9 | ) |  | $ | (3,051.8 | )
Property and equipment, net | $ | 7,442.5 |  |  | $ | 4,036.0 |  |  | $ | 740.6 |  |  | $ | 678.7 |  |  | $ | (740.6 | ) |  | $ | 12,157.2 |
Three Months Ended March 31, 2019
| Floaters |  | Jackups |  | Other |  | Reconciling Items |  | Consolidated Total
Revenues | $ | 232.7 |  |  | $ | 157.0 |  |  | $ | 16.2 |  |  | $ | — |  |  | $ | 405.9 |
Operating expenses |  |  |  |  |  |  |  |  |  |
Contract drilling (exclusive of depreciation) | 181.8 |  |  | 135.4 |  |  | 15.4 |  |  | — |  |  | 332.6 |
Depreciation | 84.8 |  |  | 36.9 |  |  | — |  |  | 3.3 |  |  | 125.0 |
General and administrative | — |  |  | — |  |  | — |  |  | 29.6 |  |  | 29.6 |
Operating income (loss) | $ | (33.9 | ) |  | $ | (15.3 | ) |  | $ | .8 |  |  | $ | (32.9 | ) |  | (81.3 | )
Property and equipment, net | $ | 9,383.6 |  |  | $ | 3,091.7 |  |  | $ | — |  |  | $ | 33.6 |  |  | 12,508.9 |
Schedule Of Geographic Distribution Of Rigs By Segment | As of March 31, 2020, the geographic distribution of our and ARO's drilling rigs was as follows:
| Floaters |  | Jackups |  | Other |  | Total Valaris |  | ARO
North & South America | 10 |  | 7 |  | — |  | 17 |  | —
Europe & the Mediterranean | 7 |  | 15 |  | — |  | 22 |  | —
Middle East & Africa | 4 |  | 12 |  | 9 |  | 25 |  | 7
Asia & Pacific Rim | 3 |  | 7 |  | — |  | 10 |  | —
Asia & Pacific Rim (under construction) | 2 |  | — |  | — |  | 2 |  | —
Held-for-sale | — |  | 1 |  | — |  | 1 |  | —
Total | 26 |  | 42 |  | 9 |  | 77 |  | 7
We provide management services on two rigs owned by third-parties not included in the table above.

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