Supplemental Financial Information

9 Months Ended

Sep. 30, 2025

Supplemental Financial Information [Abstract]

Note 11 — Supplemental Financial Information

Condensed Consolidated Balance Sheets Information

Restricted cash

Noble’s restricted cash balance as of September 30, 2025, and December 31, 2024, was $6.6 million and $5.0 million, respectively. All restricted cash is recorded in “Prepaid expenses and other current assets.”

Leases

Our lease agreements are primarily for real estate, equipment, storage, dock space, and automobiles and are included within “Other assets”, “Other current liabilities”, and “Other liabilities” on our Condensed Consolidated Balance Sheets. In connection with the Diamond Transaction, the Company assumed several finance leases for well control equipment used on the drillships. The finance leases commenced in 2016 and also include an option to purchase the leased equipment at the end of the respective lease term. During the third quarter of 2025, the right-of-use assets and finance lease liabilities related to certain of our finance leases were remeasured to include the potential purchase price.

Condensed Consolidated Statements of Cash Flows Information

Operating cash activities

The net effect of changes in assets and liabilities on cash flows from operating activities is as follows:


	Nine Months Ended September 30,
	2025		2024
Accounts receivable	$	118,675	$	(10,232)
Taxes receivable	709		(34,987)
Other current assets	140,519		8,624
Other assets	16,452		153
Accounts payable	(68,154)		(18,136)
Other current liabilities	(3,855)		27,592
Other liabilities	3,151		5,481
Total net change in operating assets and liabilities	$	207,497	$	(21,505)

Non-cash investing and financing activities

Non-cash investing and financing activities excluded from unaudited Condensed Consolidated Statements of Cash Flows are as follows:


	Nine Months Ended September 30,
	2025		2024
Accrued capital expenditures at period end	$	41,509	$	60,691