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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
OPERATING REVENUES $ 318.4 $ 307.1
OPERATING EXPENSES    
Contract Drilling 331.3 253.6
Asset Impairment Charges 0.0 756.5
Depreciation expense 22.5 122.1
General and Administrative Expense 18.8 24.3
Total operating expenses 372.6 1,156.5
Equity in earnings of ARO (4.3) (1.9)
OPERATING LOSS (49.9) (847.5)
OTHER INCOME (EXPENSE)    
Other Interest and Dividend Income 10.9 2.6
Interest expense, net (11.5) (1.3)
Reorganization Items (1.0) (52.2)
Other Nonoperating Income (Expense) 11.0 22.5
OTHER INCOME (EXPENSE), NET 9.4 (28.4)
LOSS BEFORE INCOME TAXES (40.5) (875.9)
Income Tax Expense (Benefit), Continuing Operations [Abstract]    
Current Income Tax Expense (Benefit) (0.1) 30.8
Deferred income tax expense (benefit) (0.6) 0.9
Total provision for income taxes (0.7) 31.7
Net loss (39.8) (907.6)
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1.2 (2.4)
NET LOSS ATTRIBUTABLE TO VALARIS $ (38.6) $ (910.0)
LOSS PER SHARE - BASIC AND DILUTED    
LOSS PER SHARE - DILUTED (in dollars per share) $ (0.51) $ (4.56)
LOSS PER SHARE - BASIC (in dollars per share) $ (0.51) $ (4.56)
WEIGHTED-AVERAGE SHARES OUTSTANDING    
WEIGHTED-AVERAGE SHARES OUTSTANDING BASIC (in shares) 75,000 199,600
WEIGHTED-AVERAGE SHARES OUTSTANDING DILUTED (in shares) 75,000 199,600