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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
OPERATING REVENUES $ 525.0 $ 430.1
OPERATING EXPENSES    
Contract drilling (exclusive of depreciation) 444.8 377.2
Depreciation 26.8 23.3
General and administrative 26.5 24.4
Total operating expenses 498.1 424.9
Equity in earnings of ARO (2.4) (3.3)
OPERATING INCOME 29.3 8.5
OTHER INCOME (EXPENSE)    
Interest income 21.0 23.0
Interest expense, net (17.7) (11.1)
Other, net 5.8 0.6
OTHER INCOME (EXPENSE), NET 9.1 12.5
INCOME BEFORE INCOME TAXES 38.4 21.0
PROVISION (BENEFIT) FOR INCOME TAXES    
Current income tax expense (benefit) 10.9 (32.2)
Deferred income tax expense 2.0 4.6
Total provision for income taxes 12.9 (27.6)
Net income 25.5 48.6
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 0.0 (1.9)
NET INCOME ATTRIBUTABLE TO VALARIS $ 25.5 $ 46.7
EARNINGS PER SHARE    
Basic (in dollars per share) $ 0.35 $ 0.62
Diluted (in dollars per share) $ 0.35 $ 0.61
WEIGHTED-AVERAGE SHARES OUTSTANDING    
Basic (in shares) 72.4 75.2
Diluted (in shares) 73.6 76.4