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Unaudited Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating revenues        
Dayrate revenue $ 155.1 $ 87.7 $ 296.8 $ 151.0
Related party revenue 32.4 17.6 62.7 36.3
Total operating revenues 187.5 105.3 359.5 187.3
Gain on disposals 0.2 0.7 0.3 0.7
Operating expenses        
Rig operating and maintenance expenses (89.5) (65.5) (175.0) (121.1)
Depreciation of non-current assets (28.0) (29.5) (56.2) (59.0)
Impairment of non-current assets 0.0 (124.4) 0.0 (124.4)
General and administrative expenses (10.3) (9.6) (22.7) (18.8)
Total operating expenses (127.8) (229.0) (253.9) (323.3)
Operating income / (loss) 59.9 (123.0) 105.9 (135.3)
Other non-operating income 0.0 2.0 0.0 2.0
Income / (loss) from equity method investments 3.9 (1.1) 6.3 0.0
Financial income (expenses), net        
Interest income 1.7 3.9 4.1 3.9
Interest expense (38.4) (30.5) (75.2) (57.7)
Other financial expenses, net (12.9) (10.3) (19.0) (18.4)
Total financial expenses, net (49.6) (36.9) (90.1) (72.2)
Income / (loss) before income taxes 14.2 (159.0) 22.1 (205.5)
Income tax expense (13.4) (6.3) (28.7) (11.1)
Net income / (loss) attributable to shareholders of Borr Drilling Limited 0.8 (165.3) (6.6) (216.6)
Total comprehensive income / (loss) attributable to shareholders of Borr Drilling Limited $ 0.8 $ (165.3) $ (6.6) $ (216.6)
Earnings Per Share [Abstract]        
Basic loss per share (in dollars per share) $ 0.00 $ (1.09) $ (0.03) $ (1.45)
Diluted loss per share (in dollars per share) $ 0.00 $ (1.09) $ (0.03) $ (1.45)
Weighted-average shares outstanding, basic (in shares) 244,777,228 152,284,619 239,806,937 149,051,857
Weighted-average shares outstanding, diluted (in shares) 248,919,706 152,284,619 239,806,937 149,051,857