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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenues $ 456.6 $ 405.9
OPERATING EXPENSES    
Contract Drilling 476.0 332.6
Asset Impairment Charges 2,808.2 0.0
Depreciation expense 164.5 125.0
General and administrative 53.4 29.6
Total operating expenses 3,502.1 487.2
Equity in earnings of ARO 6.3 0.0
OPERATING LOSS (3,051.8) (81.3)
OTHER INCOME (EXPENSE)    
Interest income 4.8 3.5
Interest expense, net (113.2) (81.0)
Other, net 0.5 2.3
Other income (expense), net (107.9) (75.2)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (3,159.7) (156.5)
PROVISION FOR INCOME TAXES    
Current income tax expense (72.5) 25.6
Deferred income tax expense (benefit) (79.5) 5.9
Total provision for income taxes (152.0) 31.5
NET LOSS (3,007.7) (188.0)
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1.4 (2.4)
NET LOSS ATTRIBUTABLE TO VALARIS $ (3,006.3) $ (190.4)
EARNINGS (LOSS) PER SHARE - BASIC AND DILUTED    
Continuing operations (in dollars per share) $ (15.19) $ (1.75)
WEIGHTED-AVERAGE SHARES OUTSTANDING    
Basic and Diluted (in shares) 197.9 108.7