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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting Information, Revenue for Reportable Segment [Abstract] |
Schedule Of Segment Reporting Information | Six Months Ended June 30, 2020
| Floaters |  | Jackups |  | ARO |  | Other |  | Reconciling Items |  | Consolidated Total
Revenues | $ | 343.2 |  |  | $ | 399.1 |  |  | $ | 286.3 |  |  | $ | 103.1 |  |  | $ | (286.3 | ) |  | $ | 845.4 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Contract drilling (exclusive of depreciation) | 384.7 |  |  | 408.8 |  |  | 220.8 |  |  | 53.2 |  |  | (220.8 | ) |  | 846.7 |
Loss on impairment | 3,386.2 |  |  | 254.3 |  |  | — |  |  | 5.7 |  |  | — |  |  | 3,646.2 |
Depreciation | 151.4 |  |  | 111.3 |  |  | 26.3 |  |  | 22.3 |  |  | (15.3 | ) |  | 296.0 |
General and administrative | — |  |  | — |  |  | 15.4 |  |  | — |  |  | 100.6 |  |  | 116.0 |
Equity in earnings of ARO | — |  |  | — |  |  | — |  |  | — |  |  | (11.5 | ) |  | (11.5 | )
Operating income (loss) | $ | (3,579.1 | ) |  | $ | (375.3 | ) |  | $ | 23.8 |  |  | $ | 21.9 |  |  | $ | (162.3 | ) |  | $ | (4,071.0 | )
Property and equipment, net | $ | 6,536.9 |  |  | $ | 4,000.6 |  |  | $ | 739.7 |  |  | $ | 655.1 |  |  | $ | (739.7 | ) |  | $ | 11,192.6 |
Six Months Ended June 30, 2019
| Floaters |  | Jackups |  | ARO |  | Other |  | Reconciling Items |  | Consolidated Total
Revenues | $ | 528.3 |  |  | $ | 386.2 |  |  | 123.8 |  |  | $ | 75.3 |  |  | $ | (123.8 | ) |  | $ | 989.8 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Contract drilling (exclusive of depreciation) | 431.0 |  |  | 347.6 |  |  | 78.9 |  |  | 54.3 |  |  | (78.9 | ) |  | 832.9 |
Loss on impairment | — |  |  | — |  |  | — |  |  | — |  |  | 2.5 |  |  | 2.5 |
Depreciation | 183.2 |  |  | 92.4 |  |  | 12.4 |  |  | — |  |  | (5.1 | ) |  | 282.9 |
General and administrative | — |  |  | — |  |  | 5.3 |  |  | — |  |  | 105.5 |  |  | 110.8 |
Equity in earnings of ARO | — |  |  | — |  |  | — |  |  | — |  |  | 0.6 |  |  | 0.6 |
Operating income (loss) | $ | (85.9 | ) |  | $ | (53.8 | ) |  | $ | 27.2 |  |  | $ | 21.0 |  |  | $ | (147.2 | ) |  | $ | (238.7 | )
Property and equipment, net | $ | 10,364.7 |  |  | $ | 5,055.6 |  |  | $ | 656.5 |  |  | $ | — |  |  | $ | (621.1 | ) |  | $ | 15,455.7 |
Schedule Of Geographic Distribution Of Rigs By Segment | As of June 30, 2020, the geographic distribution of our and ARO's drilling rigs was as follows:
| Floaters |  | Jackups |  | Other |  | Total Valaris |  | ARO
North & South America | 7 |  | 7 |  | — |  | 14 |  | —
Europe & the Mediterranean | 5 |  | 14 |  | — |  | 19 |  | —
Middle East & Africa | 2 |  | 12 |  | 9 |  | 23 |  | 7
Asia & Pacific Rim | 3 |  | 6 |  | — |  | 9 |  | —
Asia & Pacific Rim (under construction) | 2 |  | — |  | — |  | 2 |  | —
Held-for-sale | 6 |  | 1 |  | — |  | 7 |  | —
Total | 25 |  | 40 |  | 9 |  | 74 |  | 7
We provide management services on two rigs owned by third-parties not included in the table above.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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