XML 232 R82.htm IDEA: XBRL DOCUMENT v3.20.1
Chapter 11 Proceedings - Additional Information (Details) - USD ($)
6 Months Ended 12 Months Ended
Jul. 02, 2018
Dec. 31, 2018
Jul. 01, 2018
Dec. 31, 2019
Dec. 31, 2017
Feb. 26, 2018
Sep. 12, 2017
Dec. 31, 2016
Fresh-Start Adjustment [Line Items]                
Amount of new cash commitments in the form of new notes and equity $ 1,000,000,000         $ 1,080,000,000 $ 1,060,000,000  
Number of shares 100,000,000 100,000,000 508,763,020 100,234,973 508,763,020,000,000     508,763,020,000,000
Common stock, value issued $ 10,000,000 $ 10,000,000 $ 1,017,000,000 $ 10,000,000 $ 1,017,000,000     $ 1,017,000,000
Fully diluted, reserved for Employee Incentive Plan 10.00%              
New investor commitment fee 5.00%              
Loss on Newbuilding global settlement claim   0 0 0 (1,064,000,000)      
Loss on impairment of long-lived assets   0 414,000,000 0 696,000,000      
Unamortized debt issuance costs   $ 0 $ 0 $ 0 66,000,000      
West Dorado, West Draco, West Aquila and West Libra                
Fresh-Start Adjustment [Line Items]                
Loss on impairment of long-lived assets         $ 696,000,000      
Commitment Parties (in exchange for cash paid pursuant to the Investment Agreement) and Equity Rights Offering Subscribers                
Fresh-Start Adjustment [Line Items]                
Number of shares 23,750,000              
Common stock, value issued $ 200,000,000              
Recipients of Senior Secured Notes (including Commitment Parties and Notes Rights Offering Subscribers)                
Fresh-Start Adjustment [Line Items]                
Number of shares 54,625,000              
Holders of General Unsecured Claims                
Fresh-Start Adjustment [Line Items]                
Number of shares 14,250,000              
Former Holders of Old Seadrill Limited Equity and Seadrill Limited 510(b) Claimants                
Fresh-Start Adjustment [Line Items]                
Number of shares 1,900,000              
Fees to Select Commitment Parties                
Fresh-Start Adjustment [Line Items]                
Number of shares 475,000              
Hemen (on account of Primary Structuring Fee)                
Fresh-Start Adjustment [Line Items]                
Number of shares 5,000,000              
Secured Debt | Senior secured notes                
Fresh-Start Adjustment [Line Items]                
Debt, face amount $ 880,000,000              
Unamortized debt issuance costs 9,000,000              
Financial guarantee | Unsecured bonds                
Fresh-Start Adjustment [Line Items]                
Extinguished financial guarantees 2,400,000,000              
Financial guarantee | Newbuild obligation                
Fresh-Start Adjustment [Line Items]                
Extinguished financial guarantees 1,000,000,000              
Financial guarantee | Unsecured interest rate and currency swaps                
Fresh-Start Adjustment [Line Items]                
Extinguished financial guarantees $ 250,000,000