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Other current and non-current liabilities
9 Months Ended
Sep. 30, 2025
Payables and Accruals [Abstract]  
Other current and non-current liabilities Other current and non-current liabilities
Other current liabilities
As of September 30, 2025 and December 31, 2024, other current liabilities included the following:
(In $ millions)September 30,
2025
December 31,
2024
Accrued expenses190 183 
Contract liabilities 67 63 
Employee withheld taxes, social security and vacation payments55 64 
Taxes payable28 20 
Accrued interest expense21 
Unfavorable drilling contracts19 
Other liabilities14 13 
Total other current liabilities367 383 
Other non-current liabilities
As of September 30, 2025 and December 31, 2024, other non-current liabilities included the following:
(In $ millions)September 30,
2025
December 31,
2024
Uncertain tax positions61 55 
Contract liabilities44 48 
Lease liabilities17 
Unfavorable drilling contracts— 
Other liabilities15 
Total other non-current liabilities137 116 
Unfavorable drilling contracts
The following table summarizes the movement in unfavorable drilling contracts for the nine months ended September 30, 2025:
 (In $ millions)
Carrying amount
As of January 1, 202522 
Amortization(6)
As of March 31, 202516 
Amortization(6)
As of June 30, 202510 
Amortization(5)
As of September 30, 20255 
The amortization is recognized in the unaudited Condensed Consolidated Statement of Operations as "Depreciation and amortization". The weighted average remaining amortization for unfavorable contracts is nine months.
The table below shows the amounts relating to unfavorable contracts that is expected to be amortized over the following periods:
Period ended December 31,
(In $ millions)Remainder of 20252026Total
Amortization of unfavorable contracts5