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Impairment loss on investments in associated companies (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of impairment on marketable securities and investments
We have recognized the following impairments on investments in associated companies:
 
Successor
 
 
Predecessor
(In $ millions)
Year ended December 31,
2019

 
Period from July 2, 2018 through December 31, 2018


 
 
Period from January 1, 2018 through July 1, 2018

 
Year ended December 31,
2017

Impairments of Investment in associated companies and joint ventures (refer to Note 18)
 
 
 
 
 
 
 
 
Seadrill Partners - Direct ownership investments
248

 
—

 
 
—

 
723

Seadrill Partners - Subordinated units
—

 
—

 
 
—

 
82

Seadrill Partners - Seadrill member interest and IDRs
54

 
—

 
 
—

 
—

SeaMex Limited
—

 
—

 
 
—

 
36

Total impairment of investments in associated companies and joint ventures
302

 
—

 
 
—

 
841


 
 
 
 
 
 
 
 
Total impairment of investments
302

 
—

 
 
—

 
841

Our share in results of our associated companies (net of tax) were as follows:
 
Successor
 
 
Predecessor
(In $ millions)
Year ended December 31,
2019

 
Period from July 2, 2018 through December 31, 2018

 
 
Period from January 1, 2018 through July 1, 2018

 
Year ended December 31,
2017

Seadrill Partners - Direct ownership interests
(107
)
 
(82
)
 
 
77

 
82

Seadrill Partners - Subordinated units
(17
)
 
(20
)
 
 
22

 
22

Seabras Sapura
29

 
24

 
 
46

 
80

SeaMex
(19
)
 
(12
)
 
 
4

 
—

Sonadrill
(1
)
 
—

 
 
—

 
—

Archer
—

 
—

 
 
—

 
(10
)
Total share in results from associated companies (net of tax)
(115
)
 
(90
)
 
 
149

 
174