Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2020

Revenue Recognition

Summary of revenue is disaggregation by geographical region

	Three Months Ended
	June 30, 2020
		U.S. Drilling		Canada Drilling		International Drilling		Drilling Solutions		Rig Technologies		Other		Total
	(In thousands)
Lower 48	$	128,814	$	—	$	—	$	19,325	$	12,108	$	—	$	160,247
U.S. Offshore Gulf of Mexico		36,682		—		—		1,867		—		—		38,549
Alaska		8,288		—		—		244		27		—		8,559
Canada		—		3,564		—		78		584		—		4,226
Middle East & Asia		—		—		193,313		10,496		16,581		—		220,390
Latin America		—		—		49,700		555		(30)		—		50,225
Europe, Africa & CIS		—		—		58,065		564		4,312		—		62,941
Eliminations & other		—		—		—		—		—		(11,206)		(11,206)
Total	$	173,784	$	3,564	$	301,078	$	33,129	$	33,582	$	(11,206)	$	533,931

	Six Months Ended
	June 30, 2020
		U.S. Drilling		Canada Drilling		International Drilling		Drilling Solutions		Rig Technologies		Other		Total
	(In thousands)
Lower 48	$	349,043	$	—	$	—	$	55,037	$	32,640	$	—	$	436,720
U.S. Offshore Gulf of Mexico		75,738		—		—		5,033		—		—		80,771
Alaska		23,904		—		—		1,230		18		—		25,152
Canada		—		29,155		—		808		2,196		—		32,159
Middle East & Asia		—		—		394,490		21,534		32,134		—		448,158
Latin America		—		—		133,919		3,382		122		—		137,423
Europe, Africa & CIS		—		—		109,779		1,489		8,622		—		119,890
Eliminations & other		—		—		—		—		—		(27,978)		(27,978)
Total	$	448,685	$	29,155	$	638,188	$	88,513	$	75,732	$	(27,978)	$	1,252,295

	Three Months Ended
	June 30, 2019
		U.S. Drilling		Canada Drilling		International Drilling		Drilling Solutions		Rig Technologies		Other		Total
	(In thousands)
Lower 48	$	268,788	$	—	$	—	$	46,649	$	50,162	$	—	$	365,599
U.S. Offshore Gulf of Mexico		38,727		—		—		2,765		—		—		41,492
Alaska		15,887		—		—		921		244		—		17,052
Canada		—		11,389		—		382		2,422		—		14,193
Middle East & Asia		—		—		185,077		9,422		13,263		—		207,762
Latin America		—		—		88,792		3,426		462		—		92,680
Europe, Africa & CIS		—		—		53,036		1,018		6,198		—		60,252
Eliminations & other		—		—		—		—		—		(27,624)		(27,624)
Total	$	323,402	$	11,389	$	326,905	$	64,583	$	72,751	$	(27,624)	$	771,406

	Six Months Ended
	June 30, 2019
		U.S. Drilling		Canada Drilling		International Drilling		Drilling Solutions		Rig Technologies		Other		Total
	(In thousands)
Lower 48	$	527,659	$	—	$	—	$	90,697	$	104,902	$	—	$	723,258
U.S. Offshore Gulf of Mexico		80,208		—		—		7,010		—		—		87,218
Alaska		35,744		—		—		2,649		546		—		38,939
Canada		—		36,704		—		1,056		5,049		—		42,809
Middle East & Asia		—		—		373,045		19,929		23,862		—		416,836
Latin America		—		—		181,159		6,657		1,382		—		189,198
Europe, Africa & CIS		—		—		109,957		2,007		8,763		—		120,727
Eliminations & other		—		—		—		—		—		(47,939)		(47,939)
Total	$	643,611	$	36,704	$	664,161	$	130,005	$	144,504	$	(47,939)	$	1,571,046

Summary of 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, 2019	$	507.0	$	48.6	$	24.9	$	66.8	$	70.5
As of June 30, 2020	$	410.3	$	31.8	$	15.3	$	37.9	$	44.4