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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 325.8 $ 97.2
Accounts receivable, net 449.2 520.7
Other 397.9 446.5
Total current assets 1,172.9 1,064.4
PROPERTY AND EQUIPMENT, AT COST 13,209.3 18,393.8
Less accumulated depreciation 2,248.8 3,296.9
Property and equipment, net 10,960.5 15,096.9
LONG-TERM NOTES RECEIVABLE FROM ARO 442.7 452.9
INVESTMENT IN ARO 120.9 128.7
OTHER ASSETS 176.2 188.3
TOTAL ASSETS 12,873.2 16,931.2
CURRENT LIABILITIES    
Accounts payable - trade 176.4 288.2
Accrued liabilities and other 250.4 417.7
Current maturities of long-term debt 0.0 124.8
Total current liabilities 426.8 830.7
LONG-TERM DEBT 0.0 5,923.5
OTHER LIABILITIES 762.4 867.4
Liabilities Not Subject to Compromise 1,189.2 7,621.6
Liabilities Subject to Compromise 7,313.7 0.0
COMMITMENTS AND CONTINGENCIES
ENSCO SHAREHOLDERS' EQUITY    
Additional paid-in capital 8,639.9 8,627.8
Retained earnings (4,183.8) 671.7
Accumulated other comprehensive income (87.9) 6.2
Treasury shares, at cost, 6.6 million and 7.9 million shares as of December 31, 2020 and 2019 (76.2) (77.3)
Total Valaris shareholders' equity 4,374.6 9,310.9
NONCONTROLLING INTERESTS (4.3) (1.3)
Total equity 4,370.3 9,309.6
Total liabilities and shareholders' equity 12,873.2 16,931.2
Class A Ordinary Shares, U.S. [Member]    
ENSCO SHAREHOLDERS' EQUITY    
Common shares, value 82.5 82.4
Common Class B, Par Value In GBP [Member]    
ENSCO SHAREHOLDERS' EQUITY    
Common shares, value $ 0.1 $ 0.1