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CONSOLIDATED STATEMENTS OF OPERATIONS - Finco - USD ($)
1 Months Ended 11 Months Ended 12 Months Ended
Feb. 05, 2021
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2020
Operating revenues        
Operating revenues $ 77,481,000 $ 770,325,000 $ 1,413,847,000 $ 964,272,000
Operating costs and expenses        
Depreciation and amortization 20,622,000 89,535,000 146,879,000 374,129,000
General and administrative 5,727,000 62,476,000 82,177,000 121,196,000
Acquisition related costs 0 24,792,000 84,668,000 0
Gain on sale of operating assets, net 0 (185,934,000) (90,230,000) 0
Hurricane losses and (recoveries), net 0 23,350,000 60,000 0
Loss on impairment 0 0 0 3,915,408,000
Total operating costs and expenses 76,051,000 709,493,000 1,185,077,000 5,040,817,000
Operating income (loss) 1,430,000 60,832,000 228,770,000 (4,076,545,000)
Other income (expense)        
Interest expense, net of amount capitalized (229,000) (31,735,000) (42,722,000) (164,653,000)
Gain (loss) on extinguishment of debt, net 0 0 (8,912,000) 17,254,000
Interest income and other, net 399,000 10,945,000 14,365,000 9,012,000
Reorganization items, net 252,051,000 0 0 (23,930,000)
Income (loss) before income taxes 253,651,000 102,347,000 191,501,000 (4,238,862,000)
Income tax benefit (provision) (3,423,000) (365,000) (22,553,000) 260,403,000
Net income (loss) 250,228,000 101,982,000 168,948,000 (3,978,459,000)
Noble Finance Company        
Operating revenues        
Operating revenues 77,481,000 770,325,000 1,407,269,000 964,272,000
Operating costs and expenses        
Depreciation and amortization 20,631,000 89,503,000 146,696,000 372,560,000
General and administrative 5,729,000 35,300,000 58,956,000 37,798,000
Acquisition related costs 0 8,289,000 34,120,000 0
Gain on sale of operating assets, net 0 (187,493,000) (90,230,000) 0
Hurricane losses and (recoveries), net 0 23,350,000 60,000 0
Loss on impairment 0 0 0 3,915,408,000
Total operating costs and expenses 75,800,000 661,785,000 1,102,894,000 4,940,185,000
Operating income (loss) 1,681,000 108,540,000 304,375,000 (3,975,913,000)
Other income (expense)        
Interest expense, net of amount capitalized (229,000) (31,735,000) (42,722,000) (164,653,000)
Gain (loss) on extinguishment of debt, net 0 0 (8,912,000) 17,254,000
Interest income and other, net 400,000 10,945,000 2,825,000 9,014,000
Other, net 0 0 10,944,000 0
Reorganization items, net 195,395,000 0 0 (50,778,000)
Income (loss) before income taxes 197,247,000 87,750,000 266,510,000 (4,165,076,000)
Income tax benefit (provision) (3,422,000) (365,000) (22,553,000) 260,403,000
Net income (loss) 193,825,000 87,385,000 243,957,000 (3,904,673,000)
Contract drilling services        
Operating revenues        
Operating revenues 74,051,000 708,131,000 1,332,841,000 909,236,000
Operating costs and expenses        
Cost of services 46,965,000 639,442,000 897,096,000 567,487,000
Contract drilling services | Noble Finance Company        
Operating revenues        
Operating revenues 74,051,000 708,131,000 1,332,841,000 909,236,000
Operating costs and expenses        
Cost of services 46,703,000 637,004,000 894,574,000 566,231,000
Reimbursables and other        
Operating revenues        
Operating revenues 3,430,000 62,194,000 81,006,000 55,036,000
Operating costs and expenses        
Cost of services 2,737,000 55,832,000 64,427,000 48,188,000
Reimbursables and other | Noble Finance Company        
Operating revenues        
Operating revenues 3,430,000 62,194,000 74,428,000 55,036,000
Operating costs and expenses        
Cost of services $ 2,737,000 $ 55,832,000 $ 58,718,000 $ 48,188,000