XML 63 R50.htm IDEA: XBRL DOCUMENT v3.22.2
Segment Information (Schedule Of Segment Reporting Information) (Details) - USD ($)
$ in Millions
1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended
Apr. 30, 2021
Jun. 30, 2021
Jun. 30, 2022
Apr. 30, 2021
Jun. 30, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]            
Revenues $ 90.3 $ 202.8 $ 413.3 $ 397.4 $ 731.7  
Operating expenses            
Contract drilling (exclusive of depreciation) 90.2 168.6 361.8 343.8 693.1  
Loss on impairment 0.0 0.0 34.5 756.5 34.5  
Depreciation expense 37.5 16.6 22.3 159.6 44.8  
General and Administrative Expense 6.4 12.7 19.0 30.7 37.8  
Equity in earnings of ARO (1.2) (4.8) (8.7) (3.1) (13.0)  
Operating Income (Loss) (42.6) 9.7 (15.6) (890.1) (65.5)  
Property, Plant and Equipment, Net (909.1) (897.8) (931.7) (909.1) (931.7) $ (890.9)
Operating Segments [Member] | Floaters            
Segment Reporting Information [Line Items]            
Revenues 18.4 49.7 188.1 115.7 287.8  
Operating expenses            
Contract drilling (exclusive of depreciation) 21.4 45.3 165.3 106.5 312.9  
Loss on impairment     34.5 756.5 34.5  
Depreciation expense 15.9 7.9 12.3 72.1 24.5  
General and Administrative Expense 0.0 0.0 0.0 0.0 0.0  
Equity in earnings of ARO 0.0 0.0 0.0 0.0 0.0  
Operating Income (Loss) (18.9) (3.5) (24.0) (819.4) (84.1)  
Property, Plant and Equipment, Net (419.3) (413.8) (462.9) (419.3) (462.9)  
Operating Segments [Member] | Jackups            
Segment Reporting Information [Line Items]            
Revenues 59.8 128.5 185.8 232.4 366.5  
Operating expenses            
Contract drilling (exclusive of depreciation) 53.8 95.4 142.2 175.0 281.4  
Loss on impairment     0.0 0.0 0.0  
Depreciation expense 17.3 7.8 8.7 69.7 17.8  
General and Administrative Expense 0.0 0.0 0.0 0.0 0.0  
Equity in earnings of ARO 0.0 0.0 0.0 0.0 0.0  
Operating Income (Loss) (11.3) 25.3 34.9 (12.3) 67.3  
Property, Plant and Equipment, Net (401.4) (396.2) (384.8) (401.4) (384.8)  
Operating Segments [Member] | ARO            
Segment Reporting Information [Line Items]            
Revenues 40.8 84.0 116.4 163.5 227.7  
Operating expenses            
Contract drilling (exclusive of depreciation) 29.8 62.9 82.1 116.1 166.3  
Loss on impairment     0.0 0.0 0.0  
Depreciation expense 4.9 9.7 15.4 21.0 31.9  
General and Administrative Expense 1.2 3.1 3.2 4.2 8.4  
Equity in earnings of ARO 0.0 0.0 0.0 0.0 0.0  
Operating Income (Loss) 4.9 8.3 15.7 22.2 21.1  
Property, Plant and Equipment, Net (730.7) (730.0) (733.4) (730.7) (733.4)  
Operating Segments [Member] | Other            
Segment Reporting Information [Line Items]            
Revenues 12.1 24.6 39.4 49.3 77.4  
Operating expenses            
Contract drilling (exclusive of depreciation) 4.7 9.2 24.7 19.9 40.2  
Loss on impairment     0.0 0.0 0.0  
Depreciation expense 3.5 0.8 1.3 14.8 2.2  
General and Administrative Expense 0.0 0.0 0.0 0.0 0.0  
Equity in earnings of ARO 0.0 0.0 0.0 0.0 0.0  
Operating Income (Loss) 3.9 14.6 13.4 14.6 35.0  
Property, Plant and Equipment, Net (50.5) (49.8) (50.4) (50.5) (50.4)  
Corporate, Non-Segment [Member] | Reconciling Items            
Segment Reporting Information [Line Items]            
Revenues (40.8) (84.0) (116.4) (163.5) (227.7)  
Operating expenses            
Contract drilling (exclusive of depreciation) (19.5) (44.2) (52.5) (73.7) (107.7)  
Loss on impairment     0.0 0.0 0.0  
Depreciation expense (4.1) (9.6) (15.4) (18.0) (31.6)  
General and Administrative Expense 5.2 9.6 15.8 26.5 29.4  
Equity in earnings of ARO (1.2) (4.8) (8.7) (3.1) (13.0)  
Operating Income (Loss) (21.2) (35.0) (55.6) (95.2) (104.8)  
Property, Plant and Equipment, Net $ 692.8 $ 692.0 $ 699.8 $ 692.8 $ 699.8