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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2019
Revenue Recognition  
Summary of revenue is disaggregation by geographical region

Year Ended

December 31, 2019

    

U.S. Drilling

    

Canada Drilling

    

International Drilling

    

Drilling Solutions

    

Rig Technologies

    

Other

    

Total

(In thousands)

Lower 48

$

1,021,879

$

$

$

170,639

$

172,559

$

$

1,365,077

U.S. Offshore Gulf of Mexico

 

156,931

 

 

 

13,331

 

 

170,262

Alaska

 

62,126

 

 

 

4,787

 

986

 

67,899

Canada

 

 

68,274

 

 

1,749

 

8,852

 

78,875

Middle East & Asia

 

 

 

765,493

 

43,941

 

56,455

 

865,889

Latin America

 

 

 

355,189

 

15,558

 

2,318

 

373,065

Europe, Africa & CIS

 

 

 

203,460

 

2,785

 

19,056

 

225,301

Eliminations & other

 

(102,985)

 

(102,985)

Total

$

1,240,936

$

68,274

$

1,324,142

$

252,790

$

260,226

$

(102,985)

$

3,043,383

Year Ended

December 31, 2018

    

U.S. Drilling

    

Canada Drilling

    

International Drilling

    

Drilling Solutions

    

Rig Technologies

    

Other

    

Total

(In thousands)

Lower 48

$

910,819

$

$

$

173,219

$

188,550

$

$

1,272,588

U.S. Offshore Gulf of Mexico

 

122,946

 

 

 

13,776

 

 

136,722

Alaska

 

49,462

 

 

 

3,670

 

777

 

53,909

Canada

 

 

105,000

 

 

5,849

 

29,682

 

140,531

Middle East & Asia

 

 

 

888,500

 

35,486

 

26,236

 

950,222

Latin America

 

 

 

360,385

 

15,350

 

8,514

 

384,249

Europe, Africa & CIS

 

 

 

220,153

 

2,892

 

17,229

 

240,274

Eliminations & other

 

(120,876)

 

(120,876)

Total

$

1,083,227

$

105,000

$

1,469,038

$

250,242

$

270,988

$

(120,876)

$

3,057,619

Year Ended

December 31, 2017

    

U.S. Drilling

    

Canada Drilling

    

International Drilling

    

Drilling Solutions

    

Rig Technologies

    

Other

    

Total

(In thousands)

Lower 48

$

681,669

$

$

$

118,574

$

211,609

$

$

1,011,852

U.S. Offshore Gulf of Mexico

 

75,994

 

 

 

1,021

 

 

77,015

Alaska

 

47,560

 

 

 

3,925

 

623

 

52,108

Canada

 

 

82,929

 

 

6,054

 

7,618

 

96,601

Middle East & Asia

 

 

 

875,175

 

7,397

 

13,493

 

896,065

Latin America

 

 

 

388,235

 

3,266

 

392

 

391,893

Europe, Africa & CIS

 

 

 

210,650

 

464

 

807

 

211,921

Eliminations & other

 

(173,170)

 

(173,170)

Total

$

805,223

$

82,929

$

1,474,060

$

140,701

$

234,542

$

(173,170)

$

2,564,285

Summary of contract assets, current and long-term contract liabilities

The opening and closing balances of our receivables, contract assets and current and long-term contract liabilities are as follows:

Contract

Contract

Contract

Contract

Contract

Assets

Assets

Liabilities

Liabilities

    

Receivables

    

(Current)

    

(Long-term)

    

(Current)

    

(Long-term)

(In millions)

As of December 31, 2018

$

791.2

$

55.8

$

32.3

$

116.7

$

69.7

As of December 31, 2019

$

507.0

$

48.6

$

24.9

$

66.8

$

70.5