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Fresh Start Accounting - Consolidated Balance Sheets (Details) - USD ($)
$ in Millions
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), 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)