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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenues (exclusive of reimbursable revenues) $ 555.6 $ 599.9 $ 1,705.7 $ 1,663.9
Reimbursable revenues 40.1 43.2 125.9 114.3
Total operating revenues 595.7 643.1 1,831.6 1,778.2
OPERATING EXPENSES        
Contract drilling expenses (exclusive of depreciation and reimbursable expenses) 367.6 422.6 1,096.8 1,238.0
Reimbursable expenses 38.0 39.5 119.5 107.6
Total contract drilling expenses (exclusive of depreciation) 405.6 462.1 1,216.3 1,345.6
Loss on impairment 0.0 0.0 7.8 0.0
Depreciation 37.1 31.7 105.7 88.2
General and administrative 26.9 30.6 70.1 89.6
Total operating expenses 469.6 524.4 1,399.9 1,523.4
Equity in losses (earnings) of ARO (4.4) 23.8 (5.9) 21.7
OPERATING INCOME 130.5 94.9 437.6 233.1
OTHER INCOME (EXPENSE)        
Interest income 22.6 17.5 52.1 69.5
Interest expense, net (24.9) (22.4) (74.0) (62.7)
Other, net 87.7 (2.8) 100.2 6.5
Total other income (expense) 85.4 (7.7) 78.3 13.3
INCOME BEFORE INCOME TAXES 215.9 87.2 515.9 246.4
PROVISION FOR INCOME TAXES        
Current income tax expense (benefit) 29.4 20.5 81.1 (12.1)
Deferred income tax expense (benefit) (0.8) 3.8 172.5 19.3
Total provision for income taxes 28.6 24.3 253.6 7.2
Net income 187.3 62.9 262.3 239.2
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 0.8 1.7 3.0 0.5
NET INCOME ATTRIBUTABLE TO VALARIS $ 188.1 $ 64.6 $ 265.3 $ 239.7
EARNINGS PER SHARE        
Basic (in dollars per share) $ 2.66 $ 0.89 $ 3.74 $ 3.31
Diluted (in dollars per share) $ 2.65 $ 0.88 $ 3.73 $ 3.26
WEIGHTED-AVERAGE SHARES OUTSTANDING        
Basic (in shares) 70.7 72.4 70.9 72.4
Diluted (in shares) 71.0 73.2 71.2 73.5