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Investment in associated companies (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]
Investments in associated companies	$ 66	$ 90
Sonadrill
Schedule of Equity Method Investments [Line Items]
Investments in associated companies	66	80
Gulfdrill
Schedule of Equity Method Investments [Line Items]
Investments in associated companies	$ 0	$ 10

This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.

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