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Newbuildings (Tables) | 12 Months Ended
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Dec. 31, 2021
New buildings [Abstract] |
Carrying Value of Newbuildings | The table below sets forth the carrying value of our newbuildings:
| For the Years Ended December 31,
(In $ millions) | 2021 | 2020
Balance as of January 1, | 135.5 |  | 261.4 |
Additions | — |  | 181.8 |
Capitalized interest | — |  | 5.0 |
Transfers to jack-up rigs (note 15) | — |  | (312.7) |
Total newbuildings | 135.5 |  | 135.5 |
Information of Delivered Rigs with their Final Installment and Related Financing | The table below sets forth information regarding our rigs that were delivered in the year ended December 31, 2020, together with their final installment and related financing where applicable. No rigs were delivered in the year ended December 31, 2021.
Rig | Delivery date | Delivery Financing | Shipyard | First Installment | Final Installment | Capitalized Costs | Transferred to Jack-Up Rigs
(In $ millions) |  |  |  |  |  |  |
Heimdal | January 2020 | 90.9 |  | Keppel | 57.6 |  | 90.9 |  | 8.4 |  | 156.9 |
Hild | April 2020 | 90.9 |  | Keppel | 57.6 |  | 90.9 |  | 7.3 |  | 155.8 |
Total |  |  |  | 115.2 |  | 181.8 |  | 15.7 |  | 312.7 |

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