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Segment Information (Tables)
 6 Months Ended
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.