Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2023

Revenue Recognition

Schedule of revenue, disaggregated by geographical region

	Three Months Ended
	March 31, 2023
		U.S. Drilling		International Drilling		Drilling Solutions		Rig Technologies		Other		Total
	(In thousands)
Lower 48	$	306,118	$	—	$	51,782	$	32,959	$	—	$	390,859
U.S. Offshore Gulf of Mexico		31,659		—		2,833		—		—		34,492
Alaska		12,875		—		451		—		—		13,326
Canada		—		—		358		1,869		—		2,227
Middle East & Asia		—		222,952		10,268		17,729		—		250,949
Latin America		—		81,052		9,071		2,314		—		92,437
Europe, Africa & CIS		—		16,044		280		3,608		—		19,932
Eliminations & other		—		—		—		—		(25,083)		(25,083)
Total	$	350,652	$	320,048	$	75,043	$	58,479	$	(25,083)	$	779,139

	Three Months Ended
	March 31, 2022
		U.S. Drilling		International Drilling		Drilling Solutions		Rig Technologies		Other		Total
	(In thousands)
Lower 48	$	172,797	$	—	$	34,060	$	22,688	$	—	$	229,545
U.S. Offshore Gulf of Mexico		30,440		—		3,236		—		—		33,676
Alaska		14,346		—		276		—		—		14,622
Canada		—		—		436		979		—		1,415
Middle East & Asia		—		190,696		10,026		10,800		—		211,522
Latin America		—		68,895		5,929		—		—		74,824
Europe, Africa & CIS		—		19,439		219		2,269		—		21,927
Eliminations & other		—		—		—		—		(18,992)		(18,992)
Total	$	217,583	$	279,030	$	54,182	$	36,736	$	(18,992)	$	568,539

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, 2022	$	401.9	$	23.6	$	0.1	$	29.2	$	3.2
As of March 31, 2023	$	355.9	$	24.6	$	2.4	$	23.0	$	—