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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2022
Revenue Recognition  
Schedule of revenue, disaggregated by geographical region

Year Ended

December 31, 2022

U.S. Drilling

Canada Drilling

International Drilling

Drilling Solutions

Rig Technologies

Other

Total

(In thousands)

Lower 48

$

913,932

$

$

$

157,709

$

111,197

$

$

1,182,838

U.S. Offshore Gulf of Mexico

 

122,536

 

 

 

10,665

 

 

133,201

Alaska

 

64,146

 

 

 

1,734

 

 

65,880

Canada

 

 

 

 

1,521

 

5,726

 

7,247

Middle East & Asia

 

 

 

805,944

 

41,257

 

64,739

 

911,940

Latin America

 

 

 

309,320

 

29,515

 

1,503

 

340,338

Europe, Africa & CIS

 

 

 

84,018

 

948

 

11,964

 

96,930

Eliminations & other

 

(84,608)

 

(84,608)

Total

$

1,100,614

$

$

1,199,282

$

243,349

$

195,129

$

(84,608)

$

2,653,766

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

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, 2021

$

350.0

$

24.9

$

1.9

$

42.9

$

29.3

As of December 31, 2022

$

401.9

$

23.6

$

0.1

$

29.2

$

3.2