2024 Q1 Form 10-K Financial Statement

#000155837024000973 Filed on February 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $733.7M $725.8M $3.006B
YoY Change -5.83% -4.52% 13.27%
Cost Of Revenue $437.1M $424.8M $1.790B
YoY Change -5.46% -7.09% 7.47%
Gross Profit $296.6M $301.0M $1.216B
YoY Change -6.37% -0.64% 23.07%
Gross Profit Margin 40.43% 41.48% 40.44%
Selling, General & Admin $61.75M $57.00M $244.1M
YoY Change 0.03% -3.44% 6.88%
% of Gross Profit 20.82% 18.94% 20.08%
Research & Development $13.86M $13.93M $56.30M
YoY Change -8.03% 0.11% 12.73%
% of Gross Profit 4.67% 4.63% 4.63%
Depreciation & Amortization $157.7M $161.2M $645.3M
YoY Change -3.28% -4.51% -2.97%
% of Gross Profit 53.16% 53.56% 53.08%
Operating Expenses $249.4M $240.0M $945.0M
YoY Change 1554.55% -14.76% 1792.33%
Operating Profit $47.22M $61.00M $270.6M
YoY Change -60.2% 185.61% 39.18%
Interest Expense -$40.18M -$37.90M -$141.5M
YoY Change -189.01% -17.25% -179.52%
% of Operating Profit -85.09% -62.13% -52.28%
Other Income/Expense, Net -$356.0K $9.958M
YoY Change 17.88% -250.4%
Pretax Income $7.042M $23.10M $129.1M
YoY Change -91.62% -172.2% -152.56%
Income Tax $16.04M $19.24M $79.22M
% Of Pretax Income 227.83% 83.3% 61.35%
Net Earnings -$41.62M -$24.68M -$50.25M
YoY Change -184.54% -65.57% -85.65%
Net Earnings / Revenue -5.67% -3.4% -1.67%
Basic Earnings Per Share -$4.54 -$5.49
Diluted Earnings Per Share -$4.54 -$2.70 -$5.49
COMMON SHARES
Basic Shares Outstanding 10.63M 9.465M 9.159M
Diluted Shares Outstanding 9.176M 9.159M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $425.6M $1.070B $1.070B
YoY Change -10.55% 136.6% 136.6%
Cash & Equivalents $425.6M $1.070B $1.070B
Short-Term Investments $12.70M $12.69M $12.69M
Other Short-Term Assets $231.9M $227.7M $227.7M
YoY Change 168.8% 144.89% 144.89%
Inventory $149.8M $147.8M $147.8M
Prepaid Expenses
Receivables $416.9M $347.8M $347.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.074B $1.646B $1.646B
YoY Change 6.03% 64.47% 64.47%
LONG-TERM ASSETS
Property, Plant & Equipment $2.841B $2.899B $2.899B
YoY Change -4.55% -4.21% -5.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $729.3M $733.6M $733.6M
YoY Change 334.98% 355.71% 9.71%
Total Long-Term Assets $3.571B $3.632B $3.632B
YoY Change -3.15% -2.6% -2.6%
TOTAL ASSETS
Total Short-Term Assets $1.074B $1.646B $1.646B
Total Long-Term Assets $3.571B $3.632B $3.632B
Total Assets $4.645B $5.278B $5.278B
YoY Change -1.17% 11.59% 11.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $319.4M $294.4M $294.4M
YoY Change 4.21% -6.24% -6.24%
Accrued Expenses $175.5M $186.5M $186.5M
YoY Change 18.2% -5.74% -5.74%
Deferred Revenue $23.20M $20.30M
YoY Change 0.87% -30.48%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $629.6M $629.6M
YoY Change
Total Short-Term Liabilities $602.4M $1.214B $1.214B
YoY Change 11.46% 103.55% 103.55%
LONG-TERM LIABILITIES
Long-Term Debt $2.512B $2.512B $2.512B
YoY Change -1.96% -1.03% -1.03%
Other Long-Term Liabilities $257.0M $271.4M $271.4M
YoY Change -19.98% -28.14% -28.14%
Total Long-Term Liabilities $2.769B $2.783B $2.783B
YoY Change -3.96% -4.54% -4.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $602.4M $1.214B $1.214B
Total Long-Term Liabilities $2.769B $2.783B $2.783B
Total Liabilities $4.359B $4.951B $4.951B
YoY Change 27.2% 40.89% 13.54%
SHAREHOLDERS EQUITY
Retained Earnings -$1.928B -$1.886B
YoY Change 6.85% 2.45%
Common Stock $3.541B $3.539B
YoY Change 0.2% 0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $286.3M $326.6M $326.6M
YoY Change
Total Liabilities & Shareholders Equity $4.645B $5.278B $5.278B
YoY Change -1.17% 11.59% 11.59%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$41.62M -$24.68M -$50.25M
YoY Change -184.54% -65.57% -85.65%
Depreciation, Depletion And Amortization $157.7M $161.2M $645.3M
YoY Change -3.28% -4.51% -2.97%
Cash From Operating Activities $107.2M $182.0M $637.9M
YoY Change -30.39% -9.01% 27.3%
INVESTING ACTIVITIES
Capital Expenditures $104.6M $134.2M $540.9M
YoY Change -11.88% 32.34% 44.83%
Acquisitions
YoY Change
Other Investing Activities -$40.00K -$7.273M $5.423M
YoY Change 566.67% 2032.84% -75.32%
Cash From Investing Activities -$106.6M -$141.4M -$570.4M
YoY Change -16.78% 39.05% 54.71%
FINANCING ACTIVITIES
Cash Dividend Paid $87.00K $194.0K
YoY Change -55.15% 198.46%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $631.0M $298.5M
YoY Change 171.36% 63.46%
Cash From Financing Activities -635.1M 538.4M 592.6M
YoY Change -27522.58% -1011.6% -189.58%
NET CHANGE
Cash From Operating Activities 107.2M 182.0M 637.9M
Cash From Investing Activities -106.6M -141.4M -570.4M
Cash From Financing Activities -635.1M 538.4M 592.6M
Net Change In Cash -640.4M 578.9M 637.0M
YoY Change -2725.8% 1376.0% -218.77%
FREE CASH FLOW
Cash From Operating Activities $107.2M $182.0M $637.9M
Capital Expenditures $104.6M $134.2M $540.9M
Free Cash Flow $2.612M $47.81M $97.01M
YoY Change -92.6% -51.52% -24.0%

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IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-543710000
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
20000
CY2023 us-gaap Profit Loss
ProfitLoss
49904000
CY2022 us-gaap Profit Loss
ProfitLoss
-307218000
CY2021 us-gaap Profit Loss
ProfitLoss
-543690000
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
61688000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
43043000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
25582000
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-11784000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-350261000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-569272000
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3653000
CY2023 nbr Earnings Loss Before Deemed Dividends To Spac Public Shareholders And Accrued Distributions On Redeemable Noncontrolling Interest In Subsidiary
EarningsLossBeforeDeemedDividendsToSpacPublicShareholdersAndAccruedDistributionsOnRedeemableNoncontrollingInterestInSubsidiary
-11784000
CY2022 nbr Earnings Loss Before Deemed Dividends To Spac Public Shareholders And Accrued Distributions On Redeemable Noncontrolling Interest In Subsidiary
EarningsLossBeforeDeemedDividendsToSpacPublicShareholdersAndAccruedDistributionsOnRedeemableNoncontrollingInterestInSubsidiary
-350261000
CY2021 nbr Earnings Loss Before Deemed Dividends To Spac Public Shareholders And Accrued Distributions On Redeemable Noncontrolling Interest In Subsidiary
EarningsLossBeforeDeemedDividendsToSpacPublicShareholdersAndAccruedDistributionsOnRedeemableNoncontrollingInterestInSubsidiary
-572925000
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-11784000
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-350261000
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-572945000
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
20000
CY2023 nbr Earnings Loss Before Deemed Dividends To Spac Public Shareholders And Accrued Distributions On Redeemable Noncontrolling Interest In Subsidiary
EarningsLossBeforeDeemedDividendsToSpacPublicShareholdersAndAccruedDistributionsOnRedeemableNoncontrollingInterestInSubsidiary
-11784000
CY2022 nbr Earnings Loss Before Deemed Dividends To Spac Public Shareholders And Accrued Distributions On Redeemable Noncontrolling Interest In Subsidiary
EarningsLossBeforeDeemedDividendsToSpacPublicShareholdersAndAccruedDistributionsOnRedeemableNoncontrollingInterestInSubsidiary
-350261000
CY2021 nbr Earnings Loss Before Deemed Dividends To Spac Public Shareholders And Accrued Distributions On Redeemable Noncontrolling Interest In Subsidiary
EarningsLossBeforeDeemedDividendsToSpacPublicShareholdersAndAccruedDistributionsOnRedeemableNoncontrollingInterestInSubsidiary
-572925000
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-5.49
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-40.52
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-76.58
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.49
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-40.52
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-76.58
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-5.49
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-40.52
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-76.58
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.49
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-40.52
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-76.58
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9159000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8898000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7605000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9159000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8898000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7605000
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-11784000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-350261000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-569272000
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
45000
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-1993000
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
2230000
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-209000
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1645000
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
1692000
CY2023 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
254000
CY2022 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-348000
CY2021 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
538000
CY2023 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
48000
CY2022 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
56000
CY2021 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
48000
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
206000
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-404000
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
490000
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11578000
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-350665000
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-568782000
CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
61688000
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
43043000
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
25582000
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
50110000
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-307622000
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-543200000
CY2023 us-gaap Profit Loss
ProfitLoss
49904000
CY2022 us-gaap Profit Loss
ProfitLoss
-307218000
CY2021 us-gaap Profit Loss
ProfitLoss
-543690000
CY2023 nbr Depreciation And Amortization Excluding Debt Issuance Costs And Discounts
DepreciationAndAmortizationExcludingDebtIssuanceCostsAndDiscounts
645292000
CY2022 nbr Depreciation And Amortization Excluding Debt Issuance Costs And Discounts
DepreciationAndAmortizationExcludingDebtIssuanceCostsAndDiscounts
665072000
CY2021 nbr Depreciation And Amortization Excluding Debt Issuance Costs And Discounts
DepreciationAndAmortizationExcludingDebtIssuanceCostsAndDiscounts
693382000
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
15881000
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
7335000
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-10711000
CY2023 nbr Asset Impairment And Other Charges
AssetImpairmentAndOtherCharges
8318000
CY2021 nbr Asset Impairment And Other Charges
AssetImpairmentAndOtherCharges
72497000
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8735000
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8138000
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
21359000
CY2023 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
25275000
CY2022 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
4119000
CY2021 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
13423000
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-13920000
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-7352000
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-23864000
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
31000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-2515000
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
15839000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
15828000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
19362000
CY2023 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-37286000
CY2022 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-6689000
CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-4800000
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-54684000
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
95909000
CY2023 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
7167000
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
61688000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
43043000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
25582000
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2396000
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-869000
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1298000
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27129000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
54501000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-71805000
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
19432000
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-928000
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-32037000
CY2023 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-11644000
CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-3690000
CY2021 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-14166000
CY2023 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1283000
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
11196000
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-17914000
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-32389000
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
61636000
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12143000
CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
24135000
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
8616000
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5140000
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
33528000
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
39104000
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
34930000
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
637862000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
501089000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
428776000
CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
38283000
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
21116000
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
14697000
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
540851000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
373445000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
234040000
CY2023 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
14133000
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
26713000
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
124301000
CY2023 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5423000
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
860000
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7211000
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-570424000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-368708000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-117225000
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
900000000
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
700000000
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
298474000
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
182601000
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
186958000
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
18310000
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3864000
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
16339000
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
290000000
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
335000000
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1025000000
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
290000000
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
795000000
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1237500000
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
194000
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
65000
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
7380000
CY2022 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
10324000
CY2021 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
58524000
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2269000
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3489000
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3795000
CY2023 nbr Distribution Of Trust Account To Special Purpose Acquisition Company
DistributionOfTrustAccountToSpecialPurposeAcquisitionCompany
286366000
CY2023 nbr Sale Of Non Controlling Interest Special Purpose Acquisition Company
SaleOfNonControllingInterestSpecialPurposeAcquisitionCompany
305000000
CY2021 nbr Sale Of Non Controlling Interest Special Purpose Acquisition Company
SaleOfNonControllingInterestSpecialPurposeAcquisitionCompany
276000000
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6795000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1189000
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2083000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
592592000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-661532000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
488421000
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-22988000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-7219000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1742000
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
637042000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-536370000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
798230000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
737140000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1273510000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
475280000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1374182000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
737140000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1273510000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
451025000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
991471000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
472246000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
286115000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
282039000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3034000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
737140000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1273510000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
475280000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1057487000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
451025000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
991471000
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
316695000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
286115000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
282039000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1374182000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
737140000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1273510000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1256808000
CY2021 us-gaap Profit Loss
ProfitLoss
-543690000
CY2021 nbr Deferred Dividend For Earned Equity Instruments Other Than Options
DeferredDividendForEarnedEquityInstrumentsOtherThanOptions
75000
CY2021 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
0.75
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
3653000
CY2021 nbr Stock And Warrants Issued During Period Value Warrants
StockAndWarrantsIssuedDuringPeriodValueWarrants
2719000
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
12872000
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
490000
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19361000
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-5000
CY2021 nbr Noncontrolling Interest Contributions Distributions
NoncontrollingInterestContributionsDistributions
-3793000
CY2021 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
6298000
CY2021 nbr Spc Warrants Issued To Public Holders Net Of Issuance Costs Value
SPCWarrantsIssuedToPublicHoldersNetOfIssuanceCostsValue
13480000
CY2021 us-gaap Dividends Cash
DividendsCash
25433000
CY2021 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
9445000
CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
1558000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
718938000
CY2022 us-gaap Profit Loss
ProfitLoss
-307218000
CY2022 nbr Warrant Exercise
WarrantExercise
152503000
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-404000
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15828000
CY2022 nbr Noncontrolling Interest Contributions Distributions
NoncontrollingInterestContributionsDistributions
-3490000
CY2022 us-gaap Dividends Cash
DividendsCash
3321000
CY2022 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
10324000
CY2022 us-gaap Stockholders Equity Other
StockholdersEquityOther
4541000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
536791000
CY2023 us-gaap Profit Loss
ProfitLoss
49904000
CY2023 nbr Spc Warrants Issued To Public Holders Net Of Issuance Costs Value
SPCWarrantsIssuedToPublicHoldersNetOfIssuanceCostsValue
3426000
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
206000
CY2023 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-7079000
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15847000
CY2023 nbr Noncontrolling Interest Contributions Distributions
NoncontrollingInterestContributionsDistributions
5237000
CY2023 us-gaap Dividends Cash
DividendsCash
31428000
CY2023 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
29824000
CY2023 us-gaap Stockholders Equity Other
StockholdersEquityOther
1070000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
542010000
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Note 1 Nature of Operations</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">Unless the context requires otherwise, references in this annual report to “we,” “us,” “our,” “the Company,” or “Nabors” mean Nabors Industries Ltd., together with our subsidiaries. References in this annual report to “Nabors Delaware” mean Nabors Industries, Inc., a wholly owned subsidiary of Nabors.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">Our business is comprised of our global land-based and offshore drilling rig operations and other rig related services and technologies. We provide performance tools, directional drilling services, tubular running services and innovative technologies for our own rig fleet and those operated by third parties. In addition, we manufacture advanced drilling equipment and provide drilling rig instrumentation. Also, we have a <span style="color:#0d0d0d;">portfolio of technologies designed to drive energy efficiency and emissions reductions for both ourselves and third-party customers.  </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">With operations in over 15 countries, we are a global provider of drilling and drilling-related services for land-based and offshore oil and natural gas wells, with a fleet of rigs and drilling-related equipment which, as of December 31, 2023 included:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:20.25pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:20.25pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">291</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> actively marketed rigs for land-based drilling operations in the United States and various countries throughout the world; and</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 40.5pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:20.25pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:20.25pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">28</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. </span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 36pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="color:#252525;">The short- and long-term implications </span>of the military hostilities between Russia and Ukraine, which began in early 2022, <span style="color:#252525;white-space:pre-wrap;">are difficult to predict at this time. </span><span style="white-space:pre-wrap;">We continue to actively monitor this dynamic situation. As of December 31, 2023, </span>0.9%<span style="white-space:pre-wrap;"> of our property, plant and equipment, net was located in Russia. For the year ending December 31, 2023, </span>1.1%<span style="white-space:pre-wrap;"> of our operating revenues was from operations in Russia. We currently have no assets or operations in Ukraine.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The consolidated financial statements and related footnotes are presented in accordance with U.S. GAAP.</p>
CY2023Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
15
CY2023 nbr Marketed Rigs For Land Based Drilling Operations
MarketedRigsForLandBasedDrillingOperations
291
CY2023 nbr Marketed Rigs For Offshore Drilling Operations
MarketedRigsForOffshoreDrillingOperations
28
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
118351000
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2912000
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
6121000
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3475000
CY2023Q4 us-gaap Inventory Net
InventoryNet
147798000
CY2022Q4 us-gaap Inventory Net
InventoryNet
127947000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
362.76
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y2M19D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
391.76
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
817.91
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
362.76
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y2M19D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
16000
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Reclassification of Prior Year Presentation</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p>
CY2023Q4 us-gaap Inventory Adjustments
InventoryAdjustments
23900000
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
23000000.0
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
144886000
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:8pt;font-style:italic;font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities at the balance sheet date and the amounts of revenues and expenses recognized during the reporting period. Actual results could differ from such estimates. Areas where critical accounting estimates are made by management include:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">depreciation of property, plant and equipment;</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 54pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">impairment of long-lived assets;</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 54pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">impairment of goodwill and intangible assets;</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">income taxes;</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 54pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">litigation and self-insurance reserves; and</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 54pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">fair value of assets acquired and liabilities assumed.</span></td></tr></table>
CY2021 nbr Impairment Expense Of Rig Technologies
ImpairmentExpenseOfRigTechnologies
418000
CY2021 nbr Severance And Transaction Related Costs
SeveranceAndTransactionRelatedCosts
6228000
CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
1325000
CY2021 nbr Impairments And Other Charges
ImpairmentsAndOtherCharges
66731000
CY2021 nbr Severance And Transaction Related Costs
SeveranceAndTransactionRelatedCosts
6200000
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15800000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15800000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19200000
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
400000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
111.23
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
72.69
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
200000
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
100000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12603880000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12329080000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9705152000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9302980000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2898728000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3026100000
CY2023 us-gaap Depreciation
Depreciation
644900000
CY2022 us-gaap Depreciation
Depreciation
663100000
CY2021 us-gaap Depreciation
Depreciation
689200000
CY2023 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
228200000
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
202500000
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
153900000
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3175132000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2559996000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
629621000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
33992000
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
22456000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2511519000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2537540000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
629621000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
555902000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
700000000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
389609000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
900000000
CY2023Q4 nbr Long Term Debt Principal Maturities
LongTermDebtPrincipalMaturities
3175132000
CY2022Q4 nbr Debt Instrument Repurchased And Retired
DebtInstrumentRepurchasedAndRetired
131700000
CY2023Q4 nbr Number Of Line Of Credit Facility
NumberOfLineOfCreditFacility
8
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
129124000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-245682000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-488089000
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2787000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4042000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7914000
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
63339000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
54199000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
66327000
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
893000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6897000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2429000
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
15881000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7337000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-10706000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79220000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61536000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55621000
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
74581000
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
25685000
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
23395000
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
22533000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
43060000
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8276000
CY2023 nbr Effective Income Tax Rate Reconciliation Foreign Exchange
EffectiveIncomeTaxRateReconciliationForeignExchange
28484000
CY2022 nbr Effective Income Tax Rate Reconciliation Foreign Exchange
EffectiveIncomeTaxRateReconciliationForeignExchange
32108000
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-3513000
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
15959000
CY2023 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
5854000
CY2022 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
2080000
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
26266000
CY2023 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
12464000
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3838000
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
266000
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2316000
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-8053000
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
6594000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79220000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61536000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55621000
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.614
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.250
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.114
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79200000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61500000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4004602000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3878344000
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
86896000
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
84812000
CY2023Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
19311000
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
13302000
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
20431000
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
106520000
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
100316000
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
4217329000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
4097205000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3962200000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3839885000
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
255129000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
257320000
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
15181000
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2443000
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2858000
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
17624000
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2858000
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
237505000
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
254462000
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
238871000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
257320000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1366000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2858000
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
237505000
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
254462000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
7900000000
CY2023Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
3900000000
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45452000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45988000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
26704000
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2207000
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
806000
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
19760000
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
256000
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1342000
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
476000
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
13387000
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
34016000
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45452000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45988000
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
34000000.0
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
11100000
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
17000000.0
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
14400000
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
-6000000.0
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2600000
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6900000
CY2023Q4 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
13400000
CY2023Q4 us-gaap Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
9900000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
171900000
CY2023Q4 nbr Common And Preferred Stock Shares Authorized
CommonAndPreferredStockSharesAuthorized
57000000.0
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
32000000.0
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000.0
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1161283
CY2023Q4 nbr Anti Dilution Adjustment Shares Price Percentage Of Market Price
AntiDilutionAdjustmentSharesPricePercentageOfMarketPrice
0.95
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
17200000
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
15000000.0
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
9300000
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
49904000
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-307218000
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-543710000
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
61688000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
43043000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
25582000
CY2023 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
8638000
CY2023 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
29824000
CY2022 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
10324000
CY2021 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
9445000
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3653000
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-50246000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-360585000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-582390000
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
20000
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9159000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8898000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7605000
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-5.49
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-40.52
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-76.58
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.49
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-40.52
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-76.58
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-50246000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-360585000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-582390000
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
20000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9159000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8898000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7605000
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-5.49
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-40.52
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-76.58
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.49
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-40.52
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-76.58
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3381000
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3369000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4436000
CY2023 nbr Energy Transition Strategic Initiatives
EnergyTransitionStrategicInitiatives
11795000
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
58769000
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
64926000
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
29233000
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
37808000
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
41322000
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
39621000
CY2023Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
6588000
CY2022Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
6588000
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
57607000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
69174000
CY2023Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
19924000
CY2022Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
18681000
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16797000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10777000
CY2023Q4 nbr Accrued Liabilities Excluding Income Taxes Current
AccruedLiabilitiesExcludingIncomeTaxesCurrent
230240000
CY2022Q4 nbr Accrued Liabilities Excluding Income Taxes Current
AccruedLiabilitiesExcludingIncomeTaxesCurrent
247575000
CY2023 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
45900000
CY2022 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
15474000
CY2021 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
1527000
CY2023 us-gaap Gain Loss On Investments
GainLossOnInvestments
-2080000
CY2022 us-gaap Gain Loss On Investments
GainLossOnInvestments
-482000
CY2021 us-gaap Gain Loss On Investments
GainLossOnInvestments
30000
CY2023 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
43820000
CY2022 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
14992000
CY2021 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
1557000
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-13923000
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-7350000
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-23883000
CY2021 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
14733000
CY2023 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
54948000
CY2022 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-95876000
CY2023 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
26451000
CY2022 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
15160000
CY2021 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
8290000
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-37285000
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6689000
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4807000
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
25274000
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
4597000
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
13423000
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9958000
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6621000
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1708000
CY2023 nbr Nonoperating Income Expense Excluding Net Investment Income
NonoperatingIncomeExpenseExcludingNetInvestmentIncome
726000
CY2022 nbr Nonoperating Income Expense Excluding Net Investment Income
NonoperatingIncomeExpenseExcludingNetInvestmentIncome
-127099000
CY2021 nbr Nonoperating Income Expense Excluding Net Investment Income
NonoperatingIncomeExpenseExcludingNetInvestmentIncome
-39998000
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
49486000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
29191000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11221000
CY2023 us-gaap Interest Paid Net
InterestPaidNet
186923000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
189755000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
161932000
CY2023 nbr Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
10363000
CY2022 nbr Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
8615000
CY2021 nbr Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
9713000
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3005981000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2653766000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2017548000
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
20000
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
49904000
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-307218000
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-543710000
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
433707000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
194401000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-80787000
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
645294000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
665072000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
693381000
CY2023 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
552908000
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
381487000
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
243689000
CY2023Q4 us-gaap Assets
Assets
5277965000
CY2022Q4 us-gaap Assets
Assets
4729854000
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3005981000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2653766000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2017548000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2898728000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3026100000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3348498000
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3005981000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2653766000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2017548000
CY2022Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
401900000
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
23600000
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
100000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
29200000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3200000
CY2023Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
397100000
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
8400000
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
3000000.0
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
20300000
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2000000.0
CY2023 nbr Percentage Of Contract With Customer Liability Revenue Recognized
PercentageOfContractWithCustomerLiabilityRevenueRecognized
0.89
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.11
CY2023 nbr Contract Asset Amortization Percentage Current Year
ContractAssetAmortizationPercentageCurrentYear
0.90
CY2023 nbr Contract Asset Amortization Percentage First Year After Latest Fiscal Year
ContractAssetAmortizationPercentageFirstYearAfterLatestFiscalYear
0.10
CY2019Q1 us-gaap Lease Practical Expedients Package
LeasePracticalExpedientsPackage
true
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
30650000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
34504000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
30650000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
34504000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5423000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6784000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25713000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27785000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
31136000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
34569000
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
9688000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
10047000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
9848000
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
150000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
596000
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
593000
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
39000
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
115000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
143000
CY2023 us-gaap Lease Cost
LeaseCost
9877000
CY2022 us-gaap Lease Cost
LeaseCost
10758000
CY2021 us-gaap Lease Cost
LeaseCost
10584000
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
9688000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
10047000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
9848000
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y5M8D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y11M15D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0682
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0681
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7614000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7044000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6966000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5518000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2455000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8539000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
38136000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7000000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
31136000
CY2023 nbr Number Of Special Purpose Acquisition Companies For Which Company Is Co Sponsor
NumberOfSpecialPurposeAcquisitionCompaniesForWhichCompanyIsCoSponsor
1
CY2023 nbr Deconsolidation Gain Loss Included In Other Nonoperating Income Expense
DeconsolidationGainLossIncludedInOtherNonoperatingIncomeExpense
7200000

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