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Gain on Disposals (Tables)

12 Months Ended

Dec. 31, 2021

Dec. 31, 2020

Gain (Loss) on Disposition of Assets [Abstract]

(Losses) / Gains on Disposal of Rigs

We recognized the following losses and gains on disposal for the year ended December 31, 2021:


			Year Ended December 31, 2021
(in $ millions)			Net proceeds			Book value on disposal			(Loss)/gain on disposal
Balder (1)			4.4			4.5			(0.1)
Rig Related Equipment			1.3			—			1.3
Total			5.7			4.5			1.2

(1) Of the net proceeds received from the sale of the "Balder", $3.0 million was received during the year ended December 31, 2020.

We recognized the following gains and losses on disposal for the year ended December 31, 2020:


			Year ended December 31, 2020
(In $ millions)			Net proceeds			Book value on disposal			Gain/(loss) on disposal
B152			7.9			1.4			6.5
Dhabi II			7.9			1.6			6.3
Atla			10.0			5.0			5.0
MSS1			2.2			2.2			—
Eir			3.0			3.0			—
B391			0.4			0.8			(0.4)
Rig Related Equipment			3.3			1.7			1.6
Total			34.7			15.7			19.0

We recognized the following gains on disposal for the year ended December 31, 2019:


			Year ended December 31, 2019
(In $ millions)			Net proceeds			Book value on disposal			Gain on disposal
Baug			3.0			—			3.0
C20051			3.0			2.1			0.9
Rig Related Equipment			2.5			—			2.5
Total			8.5			2.1			6.4