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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues (exclusive of reimbursable revenues) $ 572.3 $ 572.8 $ 1,150.1 $ 1,064.0
Reimbursable revenues 42.9 37.3 85.8 71.1
Total operating revenues 615.2 610.1 1,235.9 1,135.1
OPERATING EXPENSES        
Contract drilling expenses (exclusive of depreciation and reimbursable expenses) 355.2 402.9 729.2 815.4
Reimbursable expenses 40.5 35.8 81.5 68.1
Total contract drilling expenses (exclusive of depreciation) 395.7 438.7 810.7 883.5
Loss on impairment   0.0 7.8 0.0
Depreciation 35.5 29.7 68.6 56.5
General and administrative 18.8 32.5 43.2 59.0
Total operating expenses 450.0 500.9 930.3 999.0
Equity in earnings of ARO 1.1 0.3 (1.5) (2.1)
OPERATING INCOME 164.1 108.9 307.1 138.2
OTHER INCOME (EXPENSE)        
Interest income 15.1 31.0 29.5 52.0
Interest expense, net (24.8) (22.6) (49.1) (40.3)
Other, net (8.7) 3.5 12.5 9.3
Total other income (expense) (18.4) 11.9 (7.1) 21.0
INCOME BEFORE INCOME TAXES 145.7 120.8 300.0 159.2
PROVISION (BENEFIT) FOR INCOME TAXES        
Current income tax expense (benefit) 28.0 (43.5) 51.7 (32.6)
Deferred income tax expense 3.5 13.5 173.3 15.5
Total provision (benefit) for income taxes 31.5 (30.0) 225.0 (17.1)
Net income 114.2 150.8 75.0 176.3
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 0.9 (1.2) 2.2 (1.2)
NET INCOME ATTRIBUTABLE TO VALARIS $ 115.1 $ 149.6 $ 77.2 $ 175.1
EARNINGS PER SHARE        
Basic (in dollars per share) $ 1.62 $ 2.07 $ 1.09 $ 2.42
Diluted (in dollars per share) $ 1.61 $ 2.03 $ 1.08 $ 2.38
WEIGHTED-AVERAGE SHARES OUTSTANDING        
Basic (in shares) 71.1 72.4 71.1 72.4
Diluted (in shares) 71.3 73.7 71.3 73.7