
	Successor		Predecessor
	September 30, 2021		December 31, 2020
Trade	$	301.1	$	260.1
Income tax receivable	160.0		190.6
Other	11.1		14.7
	472.2		465.4
Allowance for doubtful accounts	(16.4)		(16.2)
	$	455.8	$	449.2


	Successor		Predecessor
	September 30, 2021		December 31, 2020
Prepaid taxes	$	45.4	$	32.9
Prepaid expenses	28.4		43.4
Deferred costs	17.3		17.4
Materials and supplies	—		279.4
Other	25.9		13.4
	$	117.0	$	386.5


	Successor		Predecessor
	September 30, 2021		December 31, 2020
Tax receivables	$	64.6	$	66.8
Deferred tax assets	39.5		21.9
Right-of-use assets	23.9		35.8

Supplemental executive retirement plan assets	—		22.6
Other	25.5		29.1
	$	153.5	$	176.2


	Successor		Predecessor
	September 30, 2021		December 31, 2020
Personnel costs	$	75.6	$	95.6
Income and other taxes payable	58.5		50.8

Deferred revenue	32.5		57.6
Accrued interest	18.9		—
Lease liabilities	11.6		15.7

Other	26.7		30.7
	$	223.8	$	250.4


	Successor		Predecessor
	September 30, 2021		December 31, 2020
Unrecognized tax benefits (inclusive of interest and penalties)	$	330.7	$	286.1
Pension and other post-retirement benefits	178.4		296.6





Intangible liabilities	—		50.4
Customer payable	—		35.5
Other	82.2		93.8
	$	591.3	$	762.4


	Successor		Predecessor
	September 30, 2021		December 31, 2020
Pension and other post-retirement benefits	$	(.2)	$	(98.2)
Currency translation adjustment	—		6.5
Derivative instruments	—		5.6
Other	—		(1.8)
	$	(.2)	$	(87.9)

Our restricted cash of $33.9 million at September 30, 2021 consists primarily of approximately $31.4 million for the collateral on letters of credit. See" Note 14 - Contingencies" for more information regarding our letters of credit.

We are exposed to credit risk relating to our receivables from customers and our cash and cash equivalents. We mitigate our credit risk relating to receivables from customers, which consist primarily of major international, government-owned and independent oil and gas companies, by performing ongoing credit evaluations. We also maintain reserves for potential credit losses, which generally have been within our expectations. We mitigate our credit risk relating to cash and investments by focusing on diversification and quality of instruments.


	Successor		Predecessor
	Three Months Ended September 30, 2021		Three Months Ended September 30, 2020
Total(1)	14	%	5	%
BP(2)	9	%	11	%


Other	77	%	84	%
	100	%	100	%


	Successor		Predecessor
	Five Months Ended September 30, 2021		Four Months Ended April 30, 2021		Nine Months Ended September 30, 2020
Total(1)	9	%	—	%	10	%
BP(2)	9	%	14	%	9	%


Other	82	%	86	%	81	%
	100	%	100	%	100	%

During the three and nine months ended September 30, 2020, 32% and 75% of revenues provided by Total were attributable to the Floaters segment and the remaining were attributable to the Jackups segment.

(2)During the three months ended September 30, 2021, 24% of the revenues provided by BP were attributable to our Jackups segment, 3% of the revenues were attributable to our Floaters segment and the remaining were attributable to our managed rigs. During the five months ended September 30, 2021, 24% of the revenues were attributable to our Jackups segment, 2% of the revenues were attributable to our Floaters segment and the remaining were attributable to our managed rigs. During the four months ended April 30, 2021, 37% of the revenue provided by BP were attributable to our Floaters segment, 17% of the revenue were attributable to our Jackups segment and the remaining were attributable to our managed rigs.

During the three months ended September 30, 2020, 24% of the revenues provided by BP were attributable to our Jackups segment, 14% of the revenues were attributable to our Floaters segment and the remaining were attributable to our managed rigs. During the nine months ended September 30, 2020, 21% of the revenues provided by BP were attributable to our Jackups segment, 23% of the revenues were attributable to our Floaters segment and the remaining were attributable to our managed rigs.


	Successor		Predecessor
	Three Months Ended September 30, 2021		Three Months Ended September 30, 2020
United Kingdom(1)	$	69.9	$	48.0
Norway(1)	49.4		53.5
U.S. Gulf of Mexico(2)	40.2		38.0
Saudi Arabia(3)	33.5		48.5
Mexico(4)	33.4		23.3
Australia(5)	33.4		18.6

Other	66.9		55.4
	$	326.7	$	285.3


	Successor		Predecessor
	Five Months Ended September 30, 2021		Four Months Ended April 30, 2021		Nine Months Ended September 30, 2020
United Kingdom(1)	$	111.0	$	75.7	$	153.3
Norway(1)	89.9		73.3		141.0
U.S. Gulf of Mexico(2)	71.1		74.4		183.3
Saudi Arabia(3)	58.7		53.6		189.7
Mexico(4)	52.3		44.3		62.0
Australia(5)	51.2		1.0		117.0

Other	95.3		75.1		284.4
	$	529.5	$	397.4	$	1,130.7

(1)During the three months ended September 30, 2021, five months ended September 30, 2021 and four months ended April 30, 2021 and three and nine months ended September 30, 2020, all revenues earned in the United Kingdom and Norway were attributable to our Jackups segment.

(2)During the three and five months ended September 30, 2021, 46% and 50% of the revenues earned in U.S. Gulf of Mexico were attributable to our Floaters segment respectively. The remaining revenues were attributable to our managed rigs. During the four months ended April 30, 2021, 64% of the revenues earned in U.S. Gulf of Mexico were attributable to our Floaters segment. The remaining revenues were attributable to our managed rigs.

During the three months ended September 30, 2020, 38% of the revenues earned in U.S. Gulf of Mexico were attributable to our Floaters segment, 11% were attributable to our Jackups segment and the remaining revenues were attributable to our managed rigs. During the nine months ended September 30, 2020, 56% of the revenues earned in U.S. Gulf of Mexico were attributable to our Floaters segment, 11% were attributable to our Jackups segment and the remaining revenues were attributable to our managed rigs.

(3)During the three and five months ended September 30, 2021, 56% and 57%of the revenues earned in Saudi Arabia were attributable to our Jackups segment respectively. During the four months ended April 30, 2021, 57% of the revenues earned in Saudi Arabia were attributable to our Jackups segment. The remaining revenues were attributable to our Other segment and relates to our rigs leased to ARO and certain revenues related to our Secondment Agreement.

During the three and nine months ended September 30, 2020, 55% and 56%, respectively, of the revenues earned in Saudi Arabia were attributable to our Jackups segment. The remaining revenues were attributable to our Other segment and relates to our rigs leased to ARO and certain revenues related to our Transition Services Agreement and Secondment Agreement.

(4)During the three and five months ended September 30, 2021, 52% and 54% of the revenues earned in Mexico were attributable to our Jackups segment respectively and the remaining revenues were attributable to Floaters segment. During the four months ended April 30, 2021, 51% of the revenue earned in Mexico were attributable to our Jackups segment and the remaining revenues were attributable to our Floaters segment.

During the three and nine months ended September 30, 2020, 74% and 54% of the revenues earned in Mexico were attributable to our Jackups segment respectively and the remaining revenues were attributable to our Floaters segment.

(5)During the three and five months ended September 30, 2021, 64% and 62%, respectively, of the revenues earned in Australia were attributable to our Floaters segment and the remaining were attributable to Jackups segment. During the four months ended April 30, 2021, 77% of the revenues earned in Australia were attributable to our Floaters segment, and the remaining revenues earned in Australia were attributable to our Jackups segment.

During the three and nine months ended September 30, 2020, 100% and 91%, respectively, of the revenues earned in Australia were attributable to our Floaters segment, and the remaining revenues were attributable to our Jackups segment.