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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 202,000,000.0 $ 97,200,000
Accounts receivable, net 363,300,000 520,700,000
Other current assets 500,800,000 446,500,000
Total current assets 1,066,100,000 1,064,400,000
PROPERTY AND EQUIPMENT, AT COST 13,220,300,000 18,393,800,000
Less accumulated depreciation 2,027,700,000 3,296,900,000
Property and equipment, net 11,192,600,000 15,096,900,000
Due from Joint Ventures, Noncurrent 452,800,000 452,900,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 117,200,000 128,700,000
OTHER ASSETS 210,200,000 188,300,000
Total assets 13,038,900,000 16,931,200,000
CURRENT LIABILITIES    
Accounts payable - trade 151,900,000 288,200,000
Accrued liabilities and other 398,100,000 417,700,000
Long-term Debt, Current Maturities 2,518,100,000 124,800,000
Total current liabilities 3,068,100,000 830,700,000
LONG-TERM DEBT 4,092,200,000 5,923,500,000
OTHER LIABILITIES 693,200,000 867,400,000
COMMITMENTS AND CONTINGENCIES
VALARIS SHAREHOLDERS' EQUITY    
Additional paid-in capital 8,639,900,000 8,627,800,000
Retained (deficit) earnings (3,442,000,000.0) 671,700,000
Accumulated other comprehensive (loss) income (13,300,000) 6,200,000
Treasury shares, at cost (76,800,000) (77,300,000)
Total Valaris shareholders' equity 5,190,400,000 9,310,900,000
NONCONTROLLING INTERESTS (5,000,000.0) (1,300,000)
Total equity 5,185,400,000 9,309,600,000
Total liabilities and shareholders' equity 13,038,900,000 16,931,200,000
Class A ordinary shares, U.S.    
VALARIS SHAREHOLDERS' EQUITY    
Common shares, value 82,500,000 82,400,000
Common Class B, Par Value In GBP [Member]    
VALARIS SHAREHOLDERS' EQUITY    
Common shares, value $ 100,000 $ 100,000