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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating revenues      
Contract revenues $ 797.5 $ 1,007.7 $ 1,356.4
Operating revenues 1,038.2 1,128.4 1,600.3
Operating expenses      
Depreciation (280.3) (274.9) (266.3)
Amortization of favorable contracts (45.1) (74.4) (70.6)
General and administrative expenses [1] (45.8) (44.8) (41.2)
Total operating expenses (678.0) (755.6) (782.2)
Other operating items      
Loss on impairment of goodwill (3.2) 0.0 0.0
Revaluation of contingent consideration 0.0 89.9 0.0
Gain on sale of assets 0.0 0.8 0.0
Total other operating items (3.2) 90.7 0.0
Operating income 357.0 463.5 818.1
Financial items      
Interest income 47.1 15.7 11.5
Interest expense [1] (263.7) (179.1) (180.0)
Gain/(loss) on derivative financial instruments [1] 24.9 (13.9) (18.0)
Currency exchange gain 0.2 0.9 0.6
Other financial expenses (4.8) (11.5) 0.0
Total financial items (196.3) (187.9) (185.9)
Income before income taxes 160.7 275.6 632.2
Income tax expense (86.7) (40.3) (86.5)
Net income 74.0 235.3 545.7
Net income attributable to the non-controlling interest 17.9 94.1 264.7
Net income attributable to Seadrill Partners LLC owners $ 56.1 $ 141.2 $ 281.0
Earnings per unit (common and subordinated) )      
Common unitholders (in usd per share) $ 0.75 $ 1.88 $ 3.20
Subordinated unitholders (in usd per share) $ 0.00 $ 0.00 $ 2.28
Reimbursable revenues/expenses      
Operating revenues      
Operating revenues $ 31.2 $ 17.7 $ 32.8
Operating expenses      
Expenses (28.6) (16.1) (30.2)
Other revenues      
Operating revenues      
Operating revenues [1] 209.5 103.0 211.1
Vessel and rig operating expenses      
Operating expenses      
Expenses [1] $ (278.2) $ (345.4) $ (373.9)
[1] Includes transactions with related parties. Refer to Note 14 - "Related party transactions".