Supplemental Financial Information

12 Months Ended

Dec. 31, 2024

Supplemental Financial Information [Abstract]

Supplemental Financial Information

Note 14 — Supplemental Financial Information

Consolidated Statements of Cash Flows Information

Operating cash activities. The net effect of changes in other assets and liabilities on cash flows from operating activities is as follows:

	Year Ended		Year Ended		Year Ended
	December 31, 2024		December 31, 2023		December 31, 2022
Accounts receivable	$	(54,923)	$	(80,042)	$	(18,133)
Other current assets	(108,044)		(42,532)		21,271
Other assets	40,146		(27,177)		16,861
Accounts payable	(32,437)		59,757		20,430
Other current liabilities	103,326		9,679		(36,713)
Other liabilities	(64,106)		32,612		15,468
Total net change in other assets and liabilities	$	(116,038)	$	(47,703)	$	19,184

Non-cash investing and financing activities. Additions to property and equipment, at cost for which we had accrued a corresponding liability in accounts payable as of December 31, 2024, 2023 and 2022 were $66.0 million, $114.7 million, and $70.0 million, respectively.

On October 3, 2022, Noble completed the Business Combination with Maersk Drilling, issuing 60.1 million Ordinary Shares valued at $1.8 billion, in exchange for $2.0 billion net assets acquired. Also in connection with the Business Combination, in mid-November 2022, the Compulsory Purchase interest was settled when 4.1 million Ordinary Shares were issued, resulting an increase in additional paid in capital of $123.8 million, and the remainder paid in cash of $69.9 million. See “Note 2 — Acquisitions and Divestitures” for additional information.

On September 4, 2024, Noble completed its acquisition of Diamond issuing 24.2 million Ordinary Shares valued at $879.9 million, in exchange for $1.5 billion net assets acquired. See “Note 2 — Acquisitions and Divestitures” for additional information.

Additional cash flow information is as follows:

	Year Ended		Year Ended		Year Ended
	December 31, 2024		December 31, 2023		December 31, 2022
Cash paid during the period for:
Interest, net of amounts capitalized	$	106,845	$	52,361	$	35,543
Income taxes paid (refunded), net (1)	108,664		105,446		58,386

(1)The net income taxes paid for the years ended December 31, 2024, 2023, and 2022, includes withholding tax in Guyana of $48.9 million, $52.3 million, and $34.7 million on gross revenue, respectively. Excluding such withholding tax, the total tax payments would be $59.7 million, $53.1 million, and $23.7 million, respectively.