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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating revenues      
Revenues $ 3,088 $ 3,018 $ 2,973
Costs and expenses      
Operating and maintenance 2,140 1,799 1,389
Depreciation and amortization 855 818 832
General and administrative 193 188 156
Total costs and expenses 3,188 2,805 2,377
Loss on impairment (609) (1,464) (1,498)
Loss on disposal of assets, net (12)   (1,603)
Operating loss (721) (1,251) (2,505)
Other income (expense), net      
Interest income 43 53 43
Interest expense, net of amounts capitalized (660) (620) (491)
Loss on retirement of debt (41) (3) (55)
Other, net 181 46 5
Total other income (expense), net (477) (524) (498)
Loss before income tax expense (1,198) (1,775) (3,003)
Income tax expense 59 228 94
Net loss (1,257) (2,003) (3,097)
Net income (loss) attributable to noncontrolling interest (2) (7) 30
Net loss attributable to controlling interest $ (1,255) $ (1,996) $ (3,127)
Loss per share      
Basic (in dollars per share) $ (2.05) $ (4.27) $ (8.00)
Diluted (in dollars per share) $ (2.05) $ (4.27) $ (8.00)
Weighted-average shares outstanding      
Basic (in shares) 612 468 391
Diluted (in shares) 612 468 391
Contract drilling revenues      
Operating revenues      
Revenues $ 3,088 $ 3,018 $ 2,731
Other revenues      
Operating revenues      
Revenues     $ 242