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Non-controlling interest (Tables)
6 Months Ended
Jun. 30, 2018
Noncontrolling Interest [Abstract]  
Changes in Non-Controlling Interest

Changes in non-controlling interest for the period ended June 30, 2018 is as follows:

 

(In $ millions)    Ship Finance
International
Ltd VIEs
    North
Atlantic
Drilling Ltd
    Asia
Offshore
Drilling
Ltd
    Sevan
Drilling
ASA
    Seadrill
Nigeria
Operations
Limited
     Total  

December 31, 2017

     (59     76       149       226       7        399  

Adoption of new accounting standard ASU 2016-16 - Income Taxes(1)

     —         (25     —         —         —          (25

Net income attributable to non-controlling interest in 2018

     7       (160     1       (10     2        (160

Redeemable non-controlling interest(2)

     —         —         (150     —         —          (150
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Ending balance, June 30, 2018

     (52     (109     —         216       9        64  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

 

(1) 

For further information see Note 2 “Recent accounting pronouncements”

(2) 

For further information see Note 20 “Redeemable non-controlling interest”