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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 325,097 $ 104,621
Accounts receivable, net of allowance for credit losses of $1,069 and $1,939, respectively 167,435 198,665
Taxes receivable 42,198 59,771
Prepaid expenses and other current assets 76,456 59,050
Total current assets 611,186 422,107
Property and equipment, at cost 8,749,255 10,306,625
Accumulated depreciation (2,317,869) (2,572,701)
Property and equipment, net 6,431,386 7,733,924
Other assets 70,095 128,467
Total assets 7,112,667 8,284,498
Current liabilities    
Current maturities of long-term debt 0 62,505
Accounts payable 81,119 108,208
Accrued payroll and related costs 38,495 56,056
Taxes payable 37,922 30,715
Interest payable 0 88,047
Other current liabilities 42,047 171,397
Total current liabilities 199,583 516,928
Long-term debt 0 3,779,499
Deferred income taxes 43,147 68,201
Other liabilities 109,474 260,898
Liabilities subject to compromise 4,251,429 0
Total liabilities 4,603,633 4,625,526
Commitments and contingencies (Note 14)
Shareholders’ equity    
Common stock 2,510 2,492
Additional paid-in capital 812,983 807,093
Retained earnings 1,752,037 2,907,776
Accumulated other comprehensive loss (58,496) (58,389)
Total shareholders’ equity 2,509,034 3,658,972
Total liabilities and equity 7,112,667 8,284,498
Noble Corp    
Current assets    
Cash and cash equivalents 325,090 104,575
Accounts receivable, net of allowance for credit losses of $1,069 and $1,939, respectively 167,435 198,665
Accounts receivable from affiliates 30,931 0
Taxes receivable 42,198 59,771
Prepaid expenses and other current assets 49,213 57,890
Total current assets 614,867 420,901
Property and equipment, at cost 8,749,255 10,306,625
Accumulated depreciation (2,317,869) (2,572,701)
Property and equipment, net 6,431,386 7,733,924
Other assets 70,095 128,467
Total assets 7,116,348 8,283,292
Current liabilities    
Current maturities of long-term debt 0 62,505
Accounts payable 68,521 107,985
Accrued payroll and related costs 38,457 56,065
Taxes payable 37,922 30,715
Interest payable 0 88,047
Other current liabilities 42,046 71,397
Total current liabilities 186,946 416,714
Long-term debt 0 3,779,499
Deferred income taxes 43,147 68,201
Other liabilities 109,474 260,898
Liabilities subject to compromise 4,165,725 0
Total liabilities 4,505,292 4,525,312
Commitments and contingencies (Note 14)
Shareholders’ equity    
Common stock 26,125 26,125
Additional paid-in capital 764,897 757,545
Retained earnings 1,878,530 3,032,699
Accumulated other comprehensive loss (58,496) (58,389)
Total shareholders’ equity 2,611,056 3,757,980
Total liabilities and equity $ 7,116,348 $ 8,283,292