XML 26 R17.htm IDEA: XBRL DOCUMENT
v3.23.1

Supplemental Balance Sheet and Income Statement Information | 3 Months Ended
--- | ---
Mar. 31, 2023
Supplemental Balance Sheet and Income Statement Information |
Supplemental Balance Sheet and Income Statement Information | Note 10 Supplemental Balance Sheet and Income Statement Information ​ Accrued liabilities included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, | ​ | December 31, | ​
​ |  | 2023 |  | 2022 |
​ | ​ | (In thousands) |
Accrued compensation | ​ | $ | 51,500 | ​ | $ | 64,926 | ​
Deferred revenue | ​ |  | 28,981 | ​ | ​ | 37,808 | ​
Other taxes payable | ​ |  | 33,164 | ​ | ​ | 39,621 | ​
Workers’ compensation liabilities | ​ |  | 6,588 | ​ |  | 6,588 | ​
Interest payable | ​ |  | 40,291 | ​ |  | 69,174 | ​
Litigation reserves | ​ |  | 18,641 | ​ |  | 18,681 | ​
Other accrued liabilities | ​ |  | 10,874 | ​ |  | 10,777 | ​
​ | ​ | $ | 190,039 | ​ | $ | 247,575 | ​
​ Investment income (loss) includes the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Three Months Ended | ​
​ | March 31, | ​
​ | 2023 |  | 2022 |
​ | (In thousands) | ​
Interest and dividend income | $ | 9,514 | ​ | $ | 397 | ​
Gains (losses) on marketable securities |  | 352 | ​ |  | (234) | ​
​ | $ | 9,866 | ​ | $ | 163 | ​
​ Other, net included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended | ​
​ | ​ | ​ | March 31, | ​
​ | ​ |  | 2023 |  | 2022 |
​ | (In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets | ​ | ​ | $ | 336 | ​ | $ | 76 | ​
Energy transition initiatives | ​ | ​ | ​ | 7,100 | ​ | ​ | — | ​
Warrant and derivative valuation | ​ | ​ | ​ | (34,314) | ​ | ​ | 73,202 | ​
Litigation expenses and reserves | ​ | ​ | ​ | 2,603 | ​ | ​ | 3,112 | ​
Foreign currency transaction losses (gains) | ​ | ​ | ​ | 6,454 | ​ | ​ | 4,214 | ​
(Gain) loss on debt buyback | ​ | ​ | ​ | (24,856) | ​ | ​ | 36 | ​
Other losses (gains) | ​ | ​ | ​ | 302 | ​ | ​ | (239) | ​
​ | ​ | ​ | $ | (42,375) | ​ | $ | 80,401 | ​
​ The changes in accumulated other comprehensive income (loss), by component, included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
​ | ​ | Gains | ​ | Defined | ​ | ​ | ​ | ​ | ​ | ​ |
​ | ​ | (losses) on | ​ | benefit | ​ | Foreign | ​ | ​ | ​ |
​ | ​ | cash flow | ​ | pension plan | ​ | currency | ​ | ​ | ​ |
​ |  | hedges |  | items |  | items |  | Total |
​ | ​ | (In thousands (1) ) |
As of January 1, 2022 | ​ | $ | 2 | ​ | $ | (5,356) | ​ | $ | (5,280) | ​ | $ | (10,634) | ​
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ | ​ | 1,428 | ​ |  | (132) | ​ | ​ | 1,296 | ​
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | — | ​ | ​ | 40 | ​ | ​ | — | ​ | ​ | 40 | ​
Net other comprehensive income (loss) | ​ |  | — | ​ |  | 1,468 | ​ |  | (132) | ​ |  | 1,336 | ​
As of March 31, 2022 | ​ | $ | 2 | ​ | $ | (3,888) | ​ | $ | (5,412) | ​ | $ | (9,298) | ​
(1) | All amounts are net of tax.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
​ | ​ | Gains | ​ | Defined | ​ | ​ | ​ | ​ | ​ | ​ |
​ | ​ | (losses) on | ​ | benefit | ​ | Foreign | ​ | ​ | ​ |
​ | ​ | cash flow | ​ | pension plan | ​ | currency | ​ | ​ | ​ |
​ |  | hedges |  | items |  | items |  | Total |
​ | ​ | (In thousands (1) ) |
As of January 1, 2023 | ​ | $ | 2 | ​ | $ | (3,767) | ​ | $ | (7,273) | ​ | $ | (11,038) | ​
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ |  | — | ​ |  | 58 | ​ |  | 58 | ​
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | — | ​ |  | 40 | ​ |  | — | ​ |  | 40 | ​
Net other comprehensive income (loss) | ​ |  | — | ​ |  | 40 | ​ |  | 58 | ​ |  | 98 | ​
As of March 31, 2023 | ​ | $ | 2 | ​ | $ | (3,727) | ​ | $ | (7,215) | ​ | $ | (10,940) | ​
(1) | All amounts are net of tax.
​ The line items that were reclassified to net income included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended | ​
​ | ​ | ​ | March 31, | ​
​ | ​ |  | 2023 |  | 2022 |
​ | (In thousands)
General and administrative expenses | ​ | ​ | $ | 52 | ​ | $ | 52 | ​
Total income (loss) before income tax | ​ | ​ |  | (52) | ​ |  | (52) | ​
Tax expense (benefit) | ​ | ​ | ​ | (12) | ​ | ​ | (12) | ​
Reclassification adjustment for (gains)/ losses included in net income (loss) | ​ | ​ | $ | (40) | ​ | $ | (40) | ​
​

X
- Definition n/a + References No definition available. + Details
Name: | nbr_SupplementalBalanceSheetAndIncomeStatementInformationAbstract
Namespace Prefix: | nbr_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration