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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 175,927 $ 104,621
Accounts receivable, net 208,817 198,665
Taxes receivable 192,683 59,771
Prepaid expenses and other current assets 43,886 59,050
Total current assets 621,313 422,107
Property and equipment, at cost 8,692,837 10,306,625
Accumulated depreciation (2,157,499) (2,572,701)
Property and equipment, net 6,535,338 7,733,924
Other assets 104,448 128,467
Total assets 7,261,099 8,284,498
Current liabilities    
Current maturities of long-term debt 260,958 62,505
Accounts payable 87,871 108,208
Accrued payroll and related costs 40,265 56,056
Taxes payable 27,047 30,715
Interest payable 62,467 88,047
Other current liabilities 180,997 171,397
Total current liabilities 659,605 516,928
Long-term debt 3,692,479 3,779,499
Deferred income taxes 71,222 68,201
Other liabilities 241,261 260,898
Total liabilities 4,664,567 4,625,526
Commitments and contingencies (Note 13)
Shareholders’ equity    
Common stock 2,509 2,492
Additional paid-in capital 808,881 807,093
Retained earnings 1,845,099 2,907,776
Accumulated other comprehensive loss (59,957) (58,389)
Total shareholders’ equity 2,596,532 3,658,972
Total liabilities and equity 7,261,099 8,284,498
Noble Corp    
Current assets    
Cash and cash equivalents 175,891 104,575
Accounts receivable, net 208,817 198,665
Taxes receivable 192,683 59,771
Prepaid expenses and other current assets 43,223 57,890
Total current assets 620,614 420,901
Property and equipment, at cost 8,692,837 10,306,625
Accumulated depreciation (2,157,499) (2,572,701)
Property and equipment, net 6,535,338 7,733,924
Other assets 104,448 128,467
Total assets 7,260,400 8,283,292
Current liabilities    
Current maturities of long-term debt 260,958 62,505
Accounts payable 87,455 107,985
Accrued payroll and related costs 40,226 56,065
Taxes payable 27,047 30,715
Interest payable 62,467 88,047
Other current liabilities 80,997 71,397
Total current liabilities 559,150 416,714
Long-term debt 3,692,479 3,779,499
Deferred income taxes 71,222 68,201
Other liabilities 241,261 260,898
Total liabilities 4,564,112 4,525,312
Commitments and contingencies (Note 13)
Shareholders’ equity    
Common stock 26,125 26,125
Additional paid-in capital 760,790 757,545
Retained earnings 1,969,330 3,032,699
Accumulated other comprehensive loss (59,957) (58,389)
Total shareholders’ equity 2,696,288 3,757,980
Total liabilities and equity $ 7,260,400 $ 8,283,292