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Fresh Start Accounting - Schedule of Fresh Start Accounting Adjustments (Details) - USD ($)
4 Months Ended 5 Months Ended 9 Months Ended
Apr. 30, 2021
Apr. 30, 2021
Sep. 30, 2021
Sep. 30, 2020
May 01, 2021
Dec. 31, 2020
Cash            
Repayments of credit facility borrowings   $ 0 $ 0 $ (15,000,000.0)    
Other current assets            
    Other current assets $ 90,500,000 90,500,000 117,000,000.0     $ 386,500,000
Property & Equipment, net            
       Property and equipment, net 909,100,000 909,100,000 892,300,000 11,082,400,000   10,960,500,000
Other assets            
Elimination of right-of-use asset associated with Newbuild Rigs     23,900,000     35,800,000
Fair value of contracts with customers 2,200,000 2,200,000 1,500,000   $ 2,200,000 1,800,000
Elimination of other deferred costs     17,300,000     17,400,000
OTHER ASSETS 165,300,000 165,300,000 153,500,000     176,200,000
Prepaid rent per rig 8,000,000 8,000,000        
Accrued liabilities and other            
Current contract liabilities (deferred revenue)     32,500,000     57,600,000
Operating Lease, Liability, Current     11,600,000     15,700,000
Fair value adjustment to lease liabilities 216,500,000 216,500,000        
Other liabilities            
OTHER LIABILITIES 565,400,000 565,400,000 591,300,000     762,400,000
Liabilities subject to compromise            
LIABILITIES SUBJECT TO COMPROMISE 0 0 0     (7,313,700,000)
Stockholders' Equity            
Predecessor additional paid-in capital 0 0        
Treasury Stock, Value 0 0 $ 0     76,200,000
Common shares, shares issued (in shares)     75,000,000      
Successor additional paid-in capital $ 1,078,700,000 1,078,700,000 $ 1,080,300,000     8,639,900,000
Class Of Warrant, Exercisable 5,600,000          
Successor stock warrants $ 16,400,000 16,400,000 16,400,000     0
Retained deficit            
Retained deficit 0 0 60,700,000     4,183,800,000
Treasury Stock, Value 0 0 0     76,200,000
Successor stock warrants 16,400,000 16,400,000 16,400,000     0
Property, Plant and Equipment, Net 909,100,000 909,100,000 892,300,000 $ 11,082,400,000   10,960,500,000
Accrued liabilities and other     223,800,000     250,400,000
Intangible Liabilities Noncurrent     0     50,400,000
OTHER LIABILITIES 565,400,000 565,400,000 591,300,000     762,400,000
Predecessor Class A ordinary shares            
Stockholders' Equity            
Common shares, value 0 0 0     $ 82,500,000
Common shares, shares issued (in shares)           206,100,000
Retained deficit            
Common shares, value 0 0 $ 0     $ 82,500,000
Reorganization Adjustments            
Cash            
Receipt of cash for First Lien Notes 500,000,000.0          
Loan proceeds from backstop lenders 20,000,000.0          
Funds received for liquidation of rabbi trust related to certain employee benefits 17,600,000          
Repayments of credit facility borrowings (129,900,000)          
Transfer of funds for payment of certain professional fees to escrow account (42,700,000)          
Payment for certain professional services fees (29,000,000.0)          
Other Cash (8,600,000)          
Cash 327,400,000          
Other current assets            
    Other current assets 1,500,000 1,500,000        
Property & Equipment, net            
       Property and equipment, net (417,600,000) (417,600,000)        
Other assets            
Liquidation of rabbi trust related to certain employee benefits (17,600,000) (17,600,000)        
Elimination of right-of-use asset associated with Newbuild Rigs (5,500,000) (5,500,000)        
Fair value of options to purchase Newbuild Rigs 13,100,000 13,100,000        
OTHER ASSETS (10,000,000.0) (10,000,000.0)        
Other Assets (10,000,000.0) (10,000,000.0)        
Accounts Payable            
Professional fees incurred upon emergence 26,100,000 26,100,000        
Payment of professional fees incurred prior to emergence (12,600,000) (12,600,000)        
Payment of certain accounts payable incurred prior to emergence (400,000) (400,000)        
Elimination of customer payable balance 13,100,000 13,100,000        
Accrued liabilities and other            
Elimination of lease liabilities associated with Newbuild Rigs (5,000,000.0) (5,000,000.0)        
Elimination of accrued post-petition holding costs associated with Newbuild Rigs (4,100,000) (4,100,000)        
Payment of certain accrued liabilities incurred prior to emergence (3,300,000) (3,300,000)        
Elimination of customer payable balance 13,100,000 13,100,000        
Fair value adjustment to lease liabilities (12,400,000) (12,400,000)        
Long-term debt            
Debt Instrument, Face Amount 550,000,000 550,000,000        
Debt Issuance Costs, Net (5,200,000) (5,200,000)        
Other liabilities            
Elimination of construction contract intangible liabilities associated with Newbuild Rigs (49,900,000) (49,900,000)        
Elimination of accrued post-petition holding costs associated with Newbuild Rigs (4,700,000) (4,700,000)        
Elimination of lease liabilities associated with Newbuild Rigs (600,000) (600,000)        
OTHER LIABILITIES (55,200,000) (55,200,000)        
Liabilities subject to compromise            
LIABILITIES SUBJECT TO COMPROMISE 7,313,700,000 7,313,700,000        
Payment to Predecessor creditors (129,900,000)          
Gain on settlement of liabilities subject to compromise (6,139,000,000)          
Stockholders' Equity            
Common shares, value 800,000 800,000        
Predecessor additional paid-in capital (8,644,000,000) (8,644,000,000)        
Treasury Stock, Value $ (75,500,000) $ (75,500,000)        
Common shares, shares issued (in shares) 75,000,000 75,000,000        
Successor additional paid-in capital $ 1,078,700,000 $ 1,078,700,000        
Successor stock warrants 16,400,000 16,400,000        
Retained deficit            
Cash And Equity Compensation Plans (583,600,000) (583,600,000)        
Issuance of Common Shares to the Shipyard 5,400,000 5,400,000        
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt (220,000,000.0) (220,000,000.0)        
Predecessor Additional Paid In Capital, Adjustment (7,856,400,000) (7,856,400,000)        
Professional fees and success fees 35,900,000 35,900,000        
Write-off of unrecognized share-based compensation expense 16,000,000.0 16,000,000.0        
Impact of newbuild contract amendments 350,700,000 350,700,000        
Reorganization Items (5,671,900,000) (5,671,900,000)        
Retained deficit (14,322,600,000) (14,322,600,000)        
Issuance of Common Shares for backstop premium 29,100,000 29,100,000        
Settlement On Liabilities Subject To Compromise 6,139,000,000 6,139,000,000        
Common shares, value 800,000 800,000        
Treasury Stock, Value (75,500,000) (75,500,000)        
Successor stock warrants 16,400,000 16,400,000        
Property, Plant and Equipment, Net (417,600,000) (417,600,000)        
OTHER LIABILITIES (55,200,000) (55,200,000)        
Reorganization Adjustments | Predecessor Creditors And The Shipyard            
Liabilities subject to compromise            
Liabilities Subject To Compromise, Stock Issued (721,000,000.0)          
Reorganization Adjustments | Backstop Parties            
Liabilities subject to compromise            
Liabilities Subject To Compromise, Stock Issued (323,800,000)          
Reorganization Adjustments | Predecessor Class A ordinary shares            
Stockholders' Equity            
Common shares, value (82,500,000) (82,500,000)        
Retained deficit            
Common shares, value (82,500,000) (82,500,000)        
Reorganization Adjustments | Common Class A And B Shares            
Stockholders' Equity            
Common shares, value (82,600,000) (82,600,000)        
Retained deficit            
Common shares, value (82,600,000) (82,600,000)        
Reorganization Adjustments | Work-in-progress            
Property & Equipment, net            
       Property and equipment, net (417,600,000) (417,600,000)        
Retained deficit            
Property, Plant and Equipment, Net (417,600,000) (417,600,000)        
Fresh Start Accounting Adjustments            
Other current assets            
Elimination of materials and supplies (260,800,000) (260,800,000)        
Elimination of historical deferred contract drilling expenses (20,300,000) (20,300,000)        
    Other current assets (281,100,000) (281,100,000)        
Property & Equipment, net            
       Property and equipment, net (8,699,700,000) (8,699,700,000)        
Other assets            
Elimination of right-of-use asset associated with Newbuild Rigs 400,000 400,000        
Deferred tax impacts of certain fresh start adjustments 21,100,000 21,100,000        
Fair value of contracts with customers 8,500,000 8,500,000        
Elimination of historical deferred contract drilling expenses (16,500,000) (16,500,000)        
Elimination of other deferred costs (4,600,000) (4,600,000)        
OTHER ASSETS 8,900,000 8,900,000        
Other Assets (20,700,000) (20,700,000)        
Accounts Payable            
Elimination of customer payable balance (36,800,000) (36,800,000)        
Accrued liabilities and other            
Elimination of customer payable balance (36,800,000) (36,800,000)        
Elimination of historical deferred revenues (25,900,000) (25,900,000)        
Current contract liabilities (deferred revenue) 500,000 500,000        
Operating Lease, Liability, Current 400,000 400,000        
Fair value adjustment to lease liabilities (61,800,000) (61,800,000)        
Other liabilities            
Elimination of lease liabilities associated with Newbuild Rigs 1,100,000 1,100,000        
Liability, Defined Benefit Plan, Noncurrent (82,700,000) (82,700,000)        
Historical Deferred Revenues, Noncurrent (5,900,000) (5,900,000)        
Deferred Tax Impacts Of Certain Fresh Start Adjustments 1,700,000 1,700,000        
Other Liabilities 200,000 200,000        
OTHER LIABILITIES (85,600,000) (85,600,000)        
Liabilities subject to compromise            
LIABILITIES SUBJECT TO COMPROMISE 0 0        
Stockholders' Equity            
Common shares, value 0 0        
Predecessor additional paid-in capital 0 0        
Treasury Stock, Value 0 0        
Successor additional paid-in capital 0 0        
Successor stock warrants 0 0        
Retained deficit            
Retained deficit 9,175,200,000 9,175,200,000        
Common shares, value 0 0        
Treasury Stock, Value 0 0        
Successor stock warrants 0 0        
Prepaid Expense and Other Assets, Current (281,100,000) (281,100,000)        
Property, Plant and Equipment, Net (8,699,700,000) (8,699,700,000)        
Intangible Assets, Net (Excluding Goodwill) 8,500,000 8,500,000        
Accounts and Financing Receivable, after Allowance for Credit Loss (214,400,000) (214,400,000)        
Accrued liabilities and other 62,800,000 62,800,000        
Intangible Liabilities Noncurrent (500,000) (500,000)        
Other Sundry Liabilities, Noncurrent 87,300,000 87,300,000        
Equity Method Investments (43,400,000) (43,400,000)        
OTHER LIABILITIES (85,600,000) (85,600,000)        
Elimination of Predecessor accumulated other comprehensive loss (93,400,000) (93,400,000)        
Total fresh start adjustments included in reorganization items, net (9,194,600,000) (9,194,600,000)        
Tax impact of fresh start adjustments 19,400,000 19,400,000        
Fresh Start Accounting Adjustments | Predecessor Class A ordinary shares            
Stockholders' Equity            
Common shares, value 0 0        
Retained deficit            
Common shares, value $ 0 $ 0