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Condensed Consolidated Statements Of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES    
Net income (loss) $ (4,116,500,000) $ 219,300,000
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Loss on impairment 3,646,200,000 2,500,000
Depreciation expense 296,000,000.0 282,900,000
Deferred income tax expense (benefit) (109,100,000) 17,300,000
Debt discounts and other 28,800,000 8,700,000
Share-based compensation expense 13,500,000 19,200,000
(Gain on) adjustment to bargain purchase 6,300,000 (712,800,000)
Amortization, net 12,200,000 (17,300,000)
Equity in earnings of ARO 11,500,000 (600,000)
Other (2,700,000) 2,900,000
Changes in operating assets and liabilities (156,700,000) (111,500,000)
Contributions to pension plans and other post-retirement benefits 10,600,000 4,000,000.0
Net cash used in operating activities (381,100,000) (293,400,000)
INVESTING ACTIVITIES    
Additions to property and equipment 67,100,000 134,800,000
Net proceeds from disposition of assets 13,800,000 4,500,000
Maturities of short-term investments 0 339,000,000.0
Rowan cash acquired 0 931,900,000
Purchases of short-term investments 0 (145,000,000.0)
Net cash provided by (used in) investing activities (53,300,000) 995,600,000
FINANCING ACTIVITIES    
Borrowings on credit facility 566,000,000.0 0
Repayments of credit facility borrowings 15,000,000.0 0
Reduction of long-term borrowings 9,700,000 0
Debt solicitation fees 0 8,700,000
Cash dividends paid 0 4,500,000
Other (1,900,000) (4,700,000)
Net cash provided by (used in) financing activities 539,400,000 (17,900,000)
Effect of exchange rate changes on cash and cash equivalents (200,000) (300,000)
INCREASE IN CASH AND CASH EQUIVALENTS 104,800,000 684,000,000.0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 97,200,000 275,100,000
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 202,000,000.0 $ 959,100,000