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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
OPERATING REVENUES $ 415.2 $ 413.3 $ 845.3 $ 731.7
OPERATING EXPENSES        
Cost of Goods and Services Sold 373.5 361.8 750.7 693.1
Loss on impairment 0.0 34.5 0.0 34.5
Depreciation 24.5 22.3 47.8 44.8
General and administrative 26.4 19.0 50.8 37.8
Total operating expenses 424.4 437.6 849.3 810.2
Income (Loss) from Equity Method Investments 0.7 (8.7) (2.6) (13.0)
OPERATING LOSS (9.9) (15.6) (1.4) (65.5)
OTHER INCOME (EXPENSE)        
Interest income 24.6 11.2 47.6 22.1
Interest expense, net (16.7) (11.6) (27.8) (23.1)
Other, net (0.8) 149.0 (0.2) 159.0
OTHER INCOME (EXPENSE), NET 7.1 148.6 19.6 158.0
INCOME (LOSS) BEFORE INCOME TAXES (2.8) 133.0 18.2 92.5
Income Tax Expense (Benefit), Continuing Operations [Abstract]        
Current income tax expense (benefit) 22.0 12.9 (10.2) 12.8
Deferred income tax expense 2.5 7.3 7.1 6.7
Total provision for income taxes 24.5 20.2 (3.1) 19.5
Net income (27.3) 112.8 21.3 73.0
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (2.1) (1.2) (4.0) 0.0
NET INCOME (LOSS) ATTRIBUTABLE TO VALARIS $ (29.4) $ 111.6 $ 17.3 $ 73.0
EARNINGS (LOSS) PER SHARE        
Basic (in dollars per share) $ (0.39) $ 1.49 $ 0.23 $ 0.97
Diluted (in dollars per share) $ (0.39) $ 1.48 $ 0.23 $ 0.97
WEIGHTED-AVERAGE SHARES OUTSTANDING        
Basic (in shares) 74.8 75.0 75.0 75.0
Diluted (in shares) 74.8 75.6 76.2 75.5