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Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting Information, Revenue for Reportable Segment [Abstract]

Schedule Of Segment Reporting Information

Nine Months Ended September 30, 2020

			Floaters						Jackups						ARO						Other						Reconciling Items						Consolidated Total
Revenues			$	400.3					$	585.9					$	431.9					$	144.5					$	(431.9)					$	1,130.7
Operating expenses
Contract drilling (exclusive of depreciation)			513.2						569.0						319.8						71.7						(319.8)						1,153.9
Loss on impairment			3,386.2						254.3						—						5.7						—						3,646.2
Depreciation			207.2						164.2						41.1						33.6						(27.7)						418.4
General and administrative			—						—						21.2						—						166.9						188.1
Other operating income			118.1						—						—						—						—						118.1
Equity in losses of ARO			—						—						—						—						(7.6)						(7.6)
Operating income (loss)			$	(3,588.2)					$	(401.6)					$	49.8					$	33.5					$	(258.9)					$	(4,165.4)
Property and equipment, net			$	6,465.9					$	3,961.0					$	736.3					$	655.5					$	(736.3)					$	11,082.4

Nine Months Ended September 30, 2019

			Floaters						Jackups						ARO						Other						Reconciling Items						Consolidated Total
Revenues			$	798.1					$	604.0					262.2						$	139.0					$	(262.2)					$	1,541.1
Operating expenses
Contract drilling (exclusive of depreciation)			681.3						561.1						171.7						87.0						(171.7)						1,329.4
Loss on impairment			88.2						—						—						—						2.5						90.7
Depreciation			271.4						146.0						26.9						15.3						(13.7)						445.9
General and administrative			—						—						13.9						—						133.0						146.9
Equity in losses of ARO			—						—						—						—						(3.1)						(3.1)
Operating income (loss)			$	(242.8)					$	(103.1)					$	49.7					$	36.7					$	(215.4)					$	(474.9)
Property and equipment, net			$	10,187.5					$	5,022.0					$	652.5					$	—					$	(611.3)					$	15,250.7

Schedule Of Geographic Distribution Of Rigs By Segment

As of September 30, 2020, the geographic distribution of our and ARO's drilling rigs was as follows:

			Floaters						Jackups						Other						Total Valaris						ARO
North & South America			5						6						—						11						—
Europe & the Mediterranean			7						14						—						21						—
Middle East & Africa			2						10						9						21						7
Asia & Pacific Rim			2						6						—						8						—
Asia & Pacific Rim (under construction)			2						—						—						2						—
Held-for-sale			1						2						—						3						—
Total			19						38						9						66						7

We provide management services on two rigs owned by third-parties not included in the table above.

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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.

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