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Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Total operating revenues $ 1,427.2 $ 2,053.2 $ 1,705.4
OPERATING EXPENSES      
Contract drilling (exclusive of depreciation) 1,458.6 1,806.0 1,319.4
Asset Impairment Charges 3,646.2 104.0 40.3
Depreciation 540.8 609.7 478.9
General and administrative 214.6 188.9 102.7
Total operating expenses 5,860.2 2,708.6 1,941.3
EQUITY IN LOSSES OF ARO (7.8) (12.6) 0.0
OPERATING LOSS (4,322.7) (668.0) (235.9)
OTHER INCOME (EXPENSE)      
Interest income 19.7 28.1 14.5
Interest expense, net (290.6) (428.3) (282.7)
Reorganization Items (527.6) 0.0 0.0
Other, net 4.2 1,004.4 (34.8)
Other income (expense), net (794.3) 604.2 (303.0)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (5,117.0) (63.8) (538.9)
PROVISION FOR INCOME TAXES      
Current income tax expense (153.7) 104.5 33.0
Deferred income tax expense (benefit) (105.7) 23.9 56.6
Total provision for income taxes (259.4) 128.4 89.6
LOSS FROM CONTINUING OPERATIONS (4,857.6) (192.2) (628.5)
LOSS FROM DISCONTINUED OPERATIONS, NET 0.0 0.0 (8.1)
NET LOSS (4,857.6) (192.2) (636.6)
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 2.1 (5.8) (3.1)
NET LOSS ATTRIBUTABLE TO VALARIS $ (4,855.5) $ (198.0) $ (639.7)
LOSS PER SHARE - BASIC AND DILUTED      
Continuing operations $ (24.42) $ (1.14) $ (5.82)
Discontinued operations 0 0 (0.08)
Total earnings per share - basic $ (24.42) $ (1.14) $ (5.90)
WEIGHTED-AVERAGE SHARES OUTSTANDING      
Basic and Diluted 198.9 173.4 108.5
Other Operating Income $ 118.1 $ 0.0 $ 0.0