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Segment Information (Tables)
3 Months Ended
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.