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Fresh Start Accounting - Consolidated Balance Sheets (Details) - USD ($)
$ in Millions
Dec. 31, 2018
Jul. 02, 2018
Jul. 01, 2018
Current assets      
Cash and cash equivalents     $ 809
Restricted cash     409
Marketable securities     121
Accounts receivable, net     272
Amount due from related parties - current     181
Other current assets     247
Total current assets     2,039
Investment in associated companies     1,615
Newbuildings     249
Drilling units     12,531
Deferred tax assets     8
Equipment     35
Amount due from related parties - non-current     565
Assets held for sale - non-current     0
Other non-current assets     3
Total assets     17,045
Current liabilities      
Debt due within one year     90
Trade accounts payable     96
Amounts due to related parties - current     4
Other current liabilities     229
Total current liabilities     419
Liabilities subject to compromise     9,050
Long-term debt     856
Long-term debt due to related parties     294
Deferred tax liabilities     105
Other non-current liabilities     57
Total non-current liabilities     1,312
Redeemable non-controlling interest     25
Equity      
Predecessor common shares     1,008
Predecessor additional paid-in capital     3,316
Predecessor contributed surplus     1,956
Predecessor accumulated other comprehensive income     41
Predecessor (loss)/retained earnings     (146)
Total Shareholders' equity     6,175
Non-controlling interest     64
Total equity     6,239
Total liabilities and equity     17,045
Adjustments, Liabilities and Equity [Abstract]      
Adjustments, increase (decrease), Common shares     (1,017)
Adjustments, increase (decrease), Additional paid-in capital $ (6)    
Current assets      
Cash and cash equivalents     1,599
Restricted cash     578
Marketable securities     121
Accounts receivable, net     272
Amount due from related parties - current     195
Other current assets     428
Total current assets     3,193
Newbuildings     928
Investment in associated companies     0
Drilling units     6,797
Deferred tax assets     8
Equipment     29
Amount due from related parties - non-current     576
Assets held for sale - non-current     0
Other non-current assets     98
Total assets     11,629
Current liabilities      
Debt due within one year     57
Trade accounts payable     113
Amounts due to related parties - current     8
Other current liabilities     361
Total current liabilities     539
Liabilities subject to compromise     0
Long-term debt     7,044
Long-term debt due to related parties     200
Deferred tax liabilities     99
Other non-current liabilities     62
Total non-current liabilities     7,405
Redeemable non-controlling interest     30
Equity      
Successor common shares     10
Successor contributed surplus     3,491
Total Shareholders' equity     3,501
Non-controlling interest   $ 154 154
Total equity     3,655
Total liabilities and equity     11,629
Reorganization Adjustments      
Adjustments, Assets [Abstract]      
Adjustments, increase (decrease), Cash and cash equivalents     790
Adjustments, increase (decrease), Restricted cash     169
Adjustments, increase (decrease), Total current assets     959
Adjustments, increase (decrease), Total assets     959
Adjustments, Liabilities and Equity [Abstract]      
Adjustments, increase (decrease), Trade accounts payable     17
Adjustments, increase (decrease), Amounts due to related parties - current     4
Change in other liabilities     100
Adjustments, increase (decrease), Total current liabilities     121
Adjustments, increase (decrease), Liabilities subject to compromise     (9,050)
Net increase in long-term debt     6,292
Adjustments, increase (decrease), Other non-current liabilities     3
Adjustments, increase (decrease), Total non-current liabilities     6,295
Adjustments, increase (decrease), Common shares   10 (1,008)
Adjustments, increase (decrease), Additional paid-in capital     (3,322)
Adjustments, increase (decrease), Additional paid-in capital     (6)
Adjustments, increase (decrease), Contributed surplus   2,860 (1,956)
Total change in predecessor retained (loss)/earnings     7,110
Adjustments, increase (decrease), Total Shareholders' equity     3,700
Adjustments, increase (decrease), Non-controlling interest     (107)
Adjustments, increase (decrease), Total equity     3,593
Adjustments, increase (decrease), Total liabilities and equity     959
Fresh Start Adjustments      
Adjustments, Assets [Abstract]      
Adjustments, increase (decrease), Amount due from related parties - current     14
Adjustments, increase (decrease), Other current assets     181
Adjustments, increase (decrease), Total current assets     195
Adjustments, increase (decrease), Investment in associated companies     (687)
Adjustments, increase (decrease), Newbuildings     (249)
Adjustments, increase (decrease), Drilling units     (5,734)
Adjustments, increase (decrease), Equipment     (6)
Adjustments, increase (decrease), Amount due from related parties - non-current     11
Adjustments, increase (decrease), Other non-current assets     95
Adjustments, increase (decrease), Total assets     (6,375)
Adjustments, Liabilities and Equity [Abstract]      
Adjustments, increase (decrease), Debt due within one year     (33)
Change in other liabilities     32
Adjustments, increase (decrease), Total current liabilities     (1)
Adjustments, increase (decrease), Liabilities subject to compromise     0
Net increase in long-term debt     (104)
Adjustments, increase (decrease), Long-term debt due to related parties     (94)
Adjustments, increase (decrease), Deferred tax liabilities     (6)
Adjustments, increase (decrease), Other non-current liabilities     2
Adjustments, increase (decrease), Total non-current liabilities     (202)
Adjustments, increase (decrease), Redeemable non-controlling interest     5
Adjustments, increase (decrease), Contributed surplus   $ 631  
Adjustments, increase (decrease), Accumulated other comprehensive income     (41)
Total change in predecessor retained (loss)/earnings     (6,964)
Adjustments, increase (decrease), Total Shareholders' equity     (6,374)
Adjustments, increase (decrease), Non-controlling interest     197
Adjustments, increase (decrease), Total equity     (6,177)
Adjustments, increase (decrease), Total liabilities and equity     $ (6,375)