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v3.23.1

Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2023
Revenue Recognition |
Schedule of revenue, disaggregated by geographical region | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ |  | March 31, 2023 | ​
​ | ​ | ​ | U.S. Drilling | ​ | ​ | International Drilling | ​ | ​ | Drilling Solutions | ​ | ​ | Rig Technologies | ​ | ​ | Other | ​ | ​ | Total | ​
​ | ​ | (In thousands) | ​
Lower 48 | ​ | $ | 306,118 | ​ | $ | — | ​ | $ | 51,782 | ​ | $ | 32,959 | ​ | $ | — | ​ | $ | 390,859 | ​
U.S. Offshore Gulf of Mexico | ​ |  | 31,659 | ​ |  | — | ​ |  | 2,833 | ​ |  | — | ​ |  | — | ​ | ​ | 34,492 | ​
Alaska | ​ |  | 12,875 | ​ |  | — | ​ |  | 451 | ​ |  | — | ​ |  | — | ​ | ​ | 13,326 | ​
Canada | ​ |  | — | ​ |  | — | ​ |  | 358 | ​ |  | 1,869 | ​ |  | — | ​ | ​ | 2,227 | ​
Middle East & Asia | ​ |  | — | ​ |  | 222,952 | ​ |  | 10,268 | ​ |  | 17,729 | ​ |  | — | ​ | ​ | 250,949 | ​
Latin America | ​ |  | — | ​ |  | 81,052 | ​ |  | 9,071 | ​ |  | 2,314 | ​ |  | — | ​ | ​ | 92,437 | ​
Europe, Africa & CIS | ​ |  | — | ​ |  | 16,044 | ​ |  | 280 | ​ |  | 3,608 | ​ |  | — | ​ | ​ | 19,932 | ​
Eliminations & other | ​ |  | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (25,083) | ​ |  | (25,083) | ​
Total | ​ | $ | 350,652 | ​ | $ | 320,048 | ​ | $ | 75,043 | ​ | $ | 58,479 | ​ | $ | (25,083) | ​ | $ | 779,139 | ​
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ |  | March 31, 2022
​ | ​ | ​ | U.S. Drilling | ​ | ​ | International Drilling | ​ | ​ | Drilling Solutions | ​ | ​ | Rig Technologies | ​ | ​ | Other | ​ | ​ | Total
​ | ​ | (In thousands)
Lower 48 | ​ | $ | 172,797 | ​ | $ | — | ​ | $ | 34,060 | ​ | $ | 22,688 | ​ | $ | — | ​ | $ | 229,545
U.S. Offshore Gulf of Mexico | ​ |  | 30,440 | ​ |  | — | ​ |  | 3,236 | ​ |  | — | ​ |  | — | ​ | ​ | 33,676
Alaska | ​ |  | 14,346 | ​ |  | — | ​ |  | 276 | ​ |  | — | ​ |  | — | ​ | ​ | 14,622
Canada | ​ |  | — | ​ |  | — | ​ |  | 436 | ​ |  | 979 | ​ |  | — | ​ | ​ | 1,415
Middle East & Asia | ​ |  | — | ​ |  | 190,696 | ​ |  | 10,026 | ​ |  | 10,800 | ​ |  | — | ​ | ​ | 211,522
Latin America | ​ |  | — | ​ |  | 68,895 | ​ |  | 5,929 | ​ |  | — | ​ |  | — | ​ | ​ | 74,824
Europe, Africa & CIS | ​ |  | — | ​ |  | 19,439 | ​ |  | 219 | ​ |  | 2,269 | ​ |  | — | ​ | ​ | 21,927
Eliminations & other | ​ |  | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (18,992) | ​ |  | (18,992)
Total | ​ | $ | 217,583 | ​ | $ | 279,030 | ​ | $ | 54,182 | ​ | $ | 36,736 | ​ | $ | (18,992) | ​ | $ | 568,539
​
Summary of receivables, contract assets, current and long-term contract liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Contract | ​ | Contract | ​ | Contract | ​ | Contract
​ | ​ | Contract | ​ | Assets | ​ | Assets | ​ | Liabilities | ​ | Liabilities
​ |  | Receivables |  | (Current) |  | (Long-term) |  | (Current) |  | (Long-term)
​ | ​ | (In millions)
As of December 31, 2022 | ​ | $ | 401.9 | ​ | $ | 23.6 | ​ | $ | 0.1 | ​ | $ | 29.2 | ​ | $ | 3.2
As of March 31, 2023 | ​ | $ | 355.9 | ​ | $ | 24.6 | ​ | $ | 2.4 | ​ | $ | 23.0 | ​ | $ | —
​

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