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v3.20.2

Guarantee Of Registered Securities (Condensed Consolidating Statements Of Cash Flows) (Details) - USD ($) $ in Millions | 6 Months Ended
--- | ---
Jun. 30, 2020 | Jun. 30, 2019
OPERATING ACTIVITIES |  |
Net cash used in operating activities | $ (381.1) | $ (293.4)
Rowan cash acquired | 0.0 | 931.9
INVESTING ACTIVITIES |  |
Maturities of short-term investments | 0.0 | 339.0
Purchases of short-term investments | 0.0 | (145.0)
Additions to property and equipment | (67.1) | (134.8)
Net proceeds from disposition of assets | 13.8 | 4.5
Other |  | 4.5
Net cash used in investing activities | (53.3) | 995.6
FINANCING ACTIVITIES |  |
Debt solicitation fees | 0.0 | (8.7)
Cash dividends paid | 0.0 | (4.5)
Payments for Repurchase of Common Stock |  | (4.2)
Borrowings on credit facility | 566.0 | 0.0
Reduction of long-term borrowings | (9.7) | 0.0
Advances from (to) affiliates | 0.0 | 0.0
Repayments of credit facility borrowings | (15.0) | 0.0
Other | (1.9) | (0.5)
Net cash provided by (used in) financing activities | 539.4 | (17.9)
Effect of exchange rate changes on cash and cash equivalents | (0.2) | (0.3)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 104.8 | 684.0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 97.2 | 275.1
CASH AND CASH EQUIVALENTS, END OF PERIOD | 202.0 | 959.1
Valaris plc |  |
OPERATING ACTIVITIES |  |
Net cash used in operating activities | (203.1) | (79.9)
INVESTING ACTIVITIES |  |
Maturities of short-term investments |  | 339.0
Purchases of short-term investments |  | (145.0)
Additions to property and equipment | 0.0 | 0.0
Net proceeds from disposition of assets | 0.0 |
Other |  | 2.5
Net cash used in investing activities | 0.0 | 196.5
FINANCING ACTIVITIES |  |
Debt solicitation fees |  | 0.0
Cash dividends paid |  | (4.5)
Payments for Repurchase of Common Stock |  | (4.2)
Borrowings on credit facility | 566.0 |
Reduction of long-term borrowings | (9.7) |
Advances from (to) affiliates | (202.9) | 174.5
Repayments of credit facility borrowings | (15.0) |
Other | (0.3) | (0.5)
Net cash provided by (used in) financing activities | 338.1 | 165.3
Effect of exchange rate changes on cash and cash equivalents | 0.0 | 0.0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 135.0 | 281.9
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 21.5 | 199.8
CASH AND CASH EQUIVALENTS, END OF PERIOD | 156.5 | 481.7
ENSCO International Incorporated |  |
OPERATING ACTIVITIES |  |
Net cash used in operating activities | 149.5 | (117.5)
INVESTING ACTIVITIES |  |
Maturities of short-term investments |  | 0.0
Purchases of short-term investments |  | 0.0
Additions to property and equipment | 0.0 | 0.0
Net proceeds from disposition of assets | 0.0 |
Other |  | 0.0
Net cash used in investing activities | 0.0 | 0.0
FINANCING ACTIVITIES |  |
Debt solicitation fees |  | 0.0
Cash dividends paid |  | 0.0
Payments for Repurchase of Common Stock |  | 0.0
Borrowings on credit facility | 0.0 |
Reduction of long-term borrowings | 0.0 |
Advances from (to) affiliates | (149.5) | 117.5
Repayments of credit facility borrowings | 0.0 |
Other | 0.0 | 0.0
Net cash provided by (used in) financing activities | (149.5) | 117.5
Effect of exchange rate changes on cash and cash equivalents | 0.0 | 0.0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0.0 | 0.0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 0.0 | 0.0
CASH AND CASH EQUIVALENTS, END OF PERIOD | 0.0 | 0.0
Pride International LLC |  |
OPERATING ACTIVITIES |  |
Net cash used in operating activities | (40.3) | (68.6)
INVESTING ACTIVITIES |  |
Maturities of short-term investments |  | 0.0
Purchases of short-term investments |  | 0.0
Additions to property and equipment | 0.0 | 0.0
Net proceeds from disposition of assets | 0.0 |
Other |  | 0.0
Net cash used in investing activities | 0.0 | 0.0
FINANCING ACTIVITIES |  |
Debt solicitation fees |  | 0.0
Cash dividends paid |  | 0.0
Payments for Repurchase of Common Stock |  | 0.0
Borrowings on credit facility | 0.0 |
Reduction of long-term borrowings | 0.0 |
Advances from (to) affiliates | 40.3 | 68.6
Repayments of credit facility borrowings | 0.0 |
Other | 0.0 | 0.0
Net cash provided by (used in) financing activities | 40.3 | 68.6
Effect of exchange rate changes on cash and cash equivalents | 0.0 | 0.0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0.0 | 0.0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 0.0 | 2.7
CASH AND CASH EQUIVALENTS, END OF PERIOD | 0.0 | 2.7
Other Non-Guarantor Subsidiaries of Valaris |  |
OPERATING ACTIVITIES |  |
Net cash used in operating activities | (287.2) | (27.4)
Rowan cash acquired |  | 931.9
INVESTING ACTIVITIES |  |
Maturities of short-term investments |  | 0.0
Purchases of short-term investments |  | 0.0
Additions to property and equipment | (67.1) | (134.8)
Net proceeds from disposition of assets | 13.8 |
Other |  | 2.0
Net cash used in investing activities | (53.3) | 799.1
FINANCING ACTIVITIES |  |
Debt solicitation fees |  | (8.7)
Cash dividends paid |  | 0.0
Payments for Repurchase of Common Stock |  | 0.0
Borrowings on credit facility | 0.0 |
Reduction of long-term borrowings | 0.0 |
Advances from (to) affiliates | 312.1 | (360.6)
Repayments of credit facility borrowings | 0.0 |
Other | (1.6) | 0.0
Net cash provided by (used in) financing activities | 310.5 | (369.3)
Effect of exchange rate changes on cash and cash equivalents | (0.2) | (0.3)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (30.2) | 402.1
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 75.7 | 72.6
CASH AND CASH EQUIVALENTS, END OF PERIOD | 45.5 | 474.7
Consolidating Adjustments |  |
OPERATING ACTIVITIES |  |
Net cash used in operating activities | 0.0 | 0.0
INVESTING ACTIVITIES |  |
Maturities of short-term investments |  | 0.0
Purchases of short-term investments |  | 0.0
Additions to property and equipment | 0.0 | 0.0
Net proceeds from disposition of assets | 0.0 |
Other |  | 0.0
Net cash used in investing activities | 0.0 | 0.0
FINANCING ACTIVITIES |  |
Debt solicitation fees |  | 0.0
Cash dividends paid |  | 0.0
Payments for Repurchase of Common Stock |  | 0.0
Borrowings on credit facility | 0.0 |
Reduction of long-term borrowings | 0.0 |
Advances from (to) affiliates | 0.0 | 0.0
Repayments of credit facility borrowings | 0.0 |
Other | 0.0 | 0.0
Net cash provided by (used in) financing activities | 0.0 | 0.0
Effect of exchange rate changes on cash and cash equivalents |  | 0.0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0.0 | 0.0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 0.0 | 0.0
CASH AND CASH EQUIVALENTS, END OF PERIOD | $ 0.0 | $ 0.0

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