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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2021
Revenue Recognition  
Summary of revenue is disaggregation by geographical region

Year Ended

December 31, 2021

U.S. Drilling

Canada Drilling

International Drilling

Drilling Solutions

Rig Technologies

Other

Total

(In thousands)

Lower 48

$

512,880

$

$

$

97,354

$

69,250

$

$

679,484

U.S. Offshore Gulf of Mexico

 

128,323

 

 

 

8,787

 

 

137,110

Alaska

 

28,453

 

 

 

753

 

59

 

29,265

Canada

 

 

39,336

 

 

1,342

 

4,379

 

45,057

Middle East & Asia

 

 

 

706,267

 

40,492

 

60,319

 

807,078

Latin America

 

 

 

251,153

 

22,104

 

228

 

273,485

Europe, Africa & CIS

 

 

 

85,777

 

1,641

 

15,038

 

102,456

Eliminations & other

 

(56,387)

 

(56,387)

Total

$

669,656

$

39,336

$

1,043,197

$

172,473

$

149,273

$

(56,387)

$

2,017,548

Year Ended

December 31, 2020

U.S. Drilling

Canada Drilling

International Drilling

Drilling Solutions

Rig Technologies

Other

Total

(In thousands)

Lower 48

$

548,859

$

$

$

88,919

$

54,185

$

$

691,963

U.S. Offshore Gulf of Mexico

 

126,292

 

 

 

9,309

 

 

135,601

Alaska

 

37,906

 

 

 

1,296

 

19

 

39,221

Canada

 

 

54,753

 

 

1,137

 

3,571

 

59,461

Middle East & Asia

 

 

 

728,983

 

40,255

 

58,263

 

827,501

Latin America

 

 

 

228,930

 

6,578

 

177

 

235,685

Europe, Africa & CIS

 

 

 

173,760

 

2,340

 

15,340

 

191,440

Eliminations & other

 

(46,829)

 

(46,829)

Total

$

713,057

$

54,753

$

1,131,673

$

149,834

$

131,555

$

(46,829)

$

2,134,043

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

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, 2020

$

427.2

$

23.5

$

6.8

$

42.8

$

44.2

As of December 31, 2021

$

350.0

$

24.9

$

1.9

$

42.9

$

29.3