2023 Q4 Form 20-F Financial Statement
#000162828024013140 Filed on March 27, 2024
Income Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
Revenue | $408.0M | $1.502B | |
YoY Change | 48.42% | ||
Cost Of Revenue | $283.0M | $934.0M | |
YoY Change | 28.3% | ||
Gross Profit | $125.0M | $568.0M | |
YoY Change | 100.0% | ||
Gross Profit Margin | 30.64% | 37.82% | |
Selling, General & Admin | $26.00M | $74.00M | |
YoY Change | 23.33% | ||
% of Gross Profit | 20.8% | 13.03% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $43.00M | $155.0M | |
YoY Change | 1.97% | ||
% of Gross Profit | 34.4% | 27.29% | |
Operating Expenses | $70.00M | $229.0M | |
YoY Change | 8.02% | ||
Operating Profit | $55.00M | $339.0M | |
YoY Change | 370.83% | ||
Interest Expense | $8.000M | $13.00M | |
YoY Change | -116.67% | ||
% of Operating Profit | 14.55% | 3.83% | |
Other Income/Expense, Net | -$6.000M | -$25.00M | |
YoY Change | -256.25% | ||
Pretax Income | $54.00M | $317.0M | |
YoY Change | -91.38% | ||
Income Tax | -$19.00M | $17.00M | |
% Of Pretax Income | -35.19% | 5.36% | |
Net Earnings | $73.00M | $300.0M | |
YoY Change | -92.32% | ||
Net Earnings / Revenue | 17.89% | 19.97% | |
Basic Earnings Per Share | $4.23 | ||
Diluted Earnings Per Share | $0.95 | $4.12 | |
COMMON SHARES | |||
Basic Shares Outstanding | 73.71M shares | 50.00M shares | |
Diluted Shares Outstanding | 74.00M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $697.0M | $697.0M | |
YoY Change | 45.21% | ||
Cash & Equivalents | $697.0M | $697.0M | $480.0M |
Short-Term Investments | |||
Other Short-Term Assets | $230.0M | $230.0M | $169.0M |
YoY Change | 36.09% | 7.98% | -14.21% |
Inventory | |||
Prepaid Expenses | $54.00M | $37.00M | |
Receivables | $222.0M | $222.0M | $137.0M |
Other Receivables | $9.000M | $9.000M | |
Total Short-Term Assets | $1.158B | $1.158B | $857.0M |
YoY Change | 35.12% | 35.12% | -56.74% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.868B | $2.868B | |
YoY Change | 70.92% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $90.00M | $90.00M | $84.00M |
YoY Change | 7.14% | 7.14% | 211.11% |
Other Assets | $102.0M | $102.0M | $93.00M |
YoY Change | 9.68% | -43.96% | 244.44% |
Total Long-Term Assets | $3.060B | $3.060B | $1.944B |
YoY Change | 57.41% | 57.41% | 1.46% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.158B | $1.158B | $857.0M |
Total Long-Term Assets | $3.060B | $3.060B | $1.944B |
Total Assets | $4.218B | $4.218B | $2.801B |
YoY Change | 50.59% | 50.59% | -28.12% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $53.00M | $53.00M | $76.00M |
YoY Change | -30.26% | -30.26% | 43.4% |
Accrued Expenses | $2.000M | $140.0M | $124.0M |
YoY Change | -98.39% | 4566.67% | |
Deferred Revenue | $31.00M | $19.00M | |
YoY Change | 63.16% | -24.0% | |
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | $22.00M |
YoY Change | -100.0% | -100.0% | |
Total Short-Term Liabilities | $389.0M | $389.0M | $404.0M |
YoY Change | -3.71% | -3.71% | -67.81% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $608.0M | $608.0M | $496.0M |
YoY Change | 22.58% | 22.58% | |
Other Long-Term Liabilities | $229.0M | $229.0M | $190.0M |
YoY Change | 20.53% | 20.53% | 69.64% |
Total Long-Term Liabilities | $837.0M | $837.0M | $695.0M |
YoY Change | 20.43% | 22.01% | 465.04% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $389.0M | $389.0M | $404.0M |
Total Long-Term Liabilities | $837.0M | $837.0M | $695.0M |
Total Liabilities | $1.235B | $1.235B | $1.099B |
YoY Change | 12.37% | 12.37% | -20.25% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $501.0M | $201.0M | |
YoY Change | 149.25% | -102.79% | |
Common Stock | $741.0K | $0.00 | |
YoY Change | -100.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.983B | $2.983B | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.218B | $4.218B | $2.801B |
YoY Change | 50.59% | 50.59% | -28.12% |
Cashflow Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $73.00M | $300.0M | |
YoY Change | -92.32% | ||
Depreciation, Depletion And Amortization | $43.00M | $155.0M | |
YoY Change | 1.97% | ||
Cash From Operating Activities | $140.0M | $287.0M | |
YoY Change | 3088.89% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $48.00M | $101.0M | |
YoY Change | -32.21% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$10.00M | $143.0M | |
YoY Change | -70.93% | ||
Cash From Investing Activities | -$58.00M | $42.00M | |
YoY Change | -87.76% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | -$217.0M | -$263.0M | |
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -220.0M | -200.0M | |
YoY Change | -44.9% | ||
NET CHANGE | |||
Cash From Operating Activities | 140.0M | 287.0M | |
Cash From Investing Activities | -58.00M | 42.00M | |
Cash From Financing Activities | -220.0M | -200.0M | |
Net Change In Cash | -138.0M | 129.0M | |
YoY Change | -1272.73% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | $140.0M | $287.0M | |
Capital Expenditures | $48.00M | $101.0M | |
Free Cash Flow | $92.00M | $186.0M | |
YoY Change | -232.86% |
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IncomeLossFromContinuingOperationsPerBasicShare
|
4.23 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-1.46 | ||
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
37.25 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-5.70 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
4.12 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-1.46 | ||
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
37.25 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-5.70 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.23 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.02 | ||
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
36.92 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-5.85 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.12 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.88 | ||
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
36.92 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-5.85 | |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
300000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
201000000 | usd | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3706000000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-587000000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
1000000 | usd |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-2000000 | usd | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1000000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
0 | usd |
CY2023 | sdrl |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Divestiture Of Business
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIDivestitureOfBusiness
|
0 | usd |
sdrl |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Divestiture Of Business
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIDivestitureOfBusiness
|
0 | usd | |
CY2022Q1 | sdrl |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Divestiture Of Business
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIDivestitureOfBusiness
|
16000000 | usd |
CY2021 | sdrl |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Divestiture Of Business
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIDivestitureOfBusiness
|
0 | usd |
CY2023 | sdrl |
Other Comprehensive Income Deconsolidation Of Subsidiaries
OtherComprehensiveIncomeDeconsolidationOfSubsidiaries
|
0 | usd |
sdrl |
Other Comprehensive Income Deconsolidation Of Subsidiaries
OtherComprehensiveIncomeDeconsolidationOfSubsidiaries
|
0 | usd | |
CY2022Q1 | sdrl |
Other Comprehensive Income Deconsolidation Of Subsidiaries
OtherComprehensiveIncomeDeconsolidationOfSubsidiaries
|
-1000000 | usd |
CY2021 | sdrl |
Other Comprehensive Income Deconsolidation Of Subsidiaries
OtherComprehensiveIncomeDeconsolidationOfSubsidiaries
|
2000000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
0 | usd |
us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
0 | usd | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
-2000000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
9000000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-1000000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2000000 | usd | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
14000000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
11000000 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
299000000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
203000000 | usd | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3720000000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-576000000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
697000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
480000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
31000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
44000000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
222000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
137000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
199000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
169000000 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1158000000 | usd |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
857000000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
90000000 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
84000000 | usd |
CY2023Q4 | sdrl |
Drilling Units Net
DrillingUnitsNet
|
2858000000 | usd |
CY2022Q4 | sdrl |
Drilling Units Net
DrillingUnitsNet
|
1668000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
74000000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
46000000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
15000000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
10000000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
10000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
56000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
93000000 | usd |
CY2023Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
3060000000 | usd |
CY2022Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
1944000000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
4218000000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
2801000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
22000000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
53000000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
76000000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
336000000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
306000000 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
389000000 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
404000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
608000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
496000000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
9000000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
9000000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
229000000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
190000000 | usd |
CY2023Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
846000000 | usd |
CY2022Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
695000000 | usd |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
375000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
375000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
74048962 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49999998 | shares |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
0 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2480000000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1499000000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
2000000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
501000000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
201000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2983000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1702000000 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4218000000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2801000000 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
300000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
201000000 | usd | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3706000000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-587000000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
300000000 | usd |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-73000000 | usd | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
3739000000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-572000000 | usd |
CY2023 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | usd |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
274000000 | usd | |
CY2022Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-33000000 | usd |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-15000000 | usd |
CY2023 | sdrl |
Net Operating Net Loss Adjustments Related To Discontinued Operations
NetOperatingNetLossAdjustmentsRelatedToDiscontinuedOperations
|
0 | usd |
sdrl |
Net Operating Net Loss Adjustments Related To Discontinued Operations
NetOperatingNetLossAdjustmentsRelatedToDiscontinuedOperations
|
-262000000 | usd | |
CY2022Q1 | sdrl |
Net Operating Net Loss Adjustments Related To Discontinued Operations
NetOperatingNetLossAdjustmentsRelatedToDiscontinuedOperations
|
38000000 | usd |
CY2021 | sdrl |
Net Operating Net Loss Adjustments Related To Discontinued Operations
NetOperatingNetLossAdjustmentsRelatedToDiscontinuedOperations
|
10000000 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-1000000 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1000000 | usd | |
CY2022Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-1000000 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
34000000 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
155000000 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
135000000 | usd | |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
17000000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
127000000 | usd |
CY2023 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd | |
CY2022Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2021 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
152000000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
14000000 | usd |
us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
1000000 | usd | |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
2000000 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
47000000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2000000 | usd |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
0 | usd | |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
7000000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
84000000 | usd |
CY2023 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
30000000 | usd | |
CY2022Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd |
CY2021 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd |
CY2023 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
37000000 | usd |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2000000 | usd | |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2000000 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3000000 | usd |
CY2023 | sdrl |
Non Operating Reorganization Items
NonOperatingReorganizationItems
|
0 | usd |
sdrl |
Non Operating Reorganization Items
NonOperatingReorganizationItems
|
0 | usd | |
CY2022Q1 | sdrl |
Non Operating Reorganization Items
NonOperatingReorganizationItems
|
-3487000000 | usd |
CY2021 | sdrl |
Non Operating Reorganization Items
NonOperatingReorganizationItems
|
176000000 | usd |
CY2023 | sdrl |
Fresh Start Valuation Adjustments
FreshStartValuationAdjustments
|
0 | usd |
sdrl |
Fresh Start Valuation Adjustments
FreshStartValuationAdjustments
|
0 | usd | |
CY2022Q1 | sdrl |
Fresh Start Valuation Adjustments
FreshStartValuationAdjustments
|
-266000000 | usd |
CY2021 | sdrl |
Fresh Start Valuation Adjustments
FreshStartValuationAdjustments
|
0 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-13000000 | usd |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3000000 | usd | |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-4000000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3000000 | usd |
CY2023 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-9000000 | usd |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
7000000 | usd | |
CY2022Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
7000000 | usd |
CY2021 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2000000 | usd |
CY2023 | sdrl |
Payment Of Long Term Maintenance Cost
PaymentOfLongTermMaintenanceCost
|
108000000 | usd |
sdrl |
Payment Of Long Term Maintenance Cost
PaymentOfLongTermMaintenanceCost
|
83000000 | usd | |
CY2022Q1 | sdrl |
Payment Of Long Term Maintenance Cost
PaymentOfLongTermMaintenanceCost
|
2000000 | usd |
CY2021 | sdrl |
Payment Of Long Term Maintenance Cost
PaymentOfLongTermMaintenanceCost
|
55000000 | usd |
CY2023 | sdrl |
Payments For Settlement Of Paid In Kind Interest
PaymentsForSettlementOfPaidInKindInterest
|
0 | usd |
sdrl |
Payments For Settlement Of Paid In Kind Interest
PaymentsForSettlementOfPaidInKindInterest
|
0 | usd | |
CY2022Q1 | sdrl |
Payments For Settlement Of Paid In Kind Interest
PaymentsForSettlementOfPaidInKindInterest
|
11000000 | usd |
CY2021 | sdrl |
Payments For Settlement Of Paid In Kind Interest
PaymentsForSettlementOfPaidInKindInterest
|
46000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
25000000 | usd |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-32000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
11000000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
41000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-34000000 | usd |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
23000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
0 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
15000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1000000 | usd |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-9000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
0 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
1000000 | usd |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
44000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-18000000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
7000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-25000000 | usd |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
111000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
4000000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-19000000 | usd |
us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
10000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
13000000 | usd |
CY2021 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
6000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
0 | usd |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
0 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
0 | usd |
CY2021 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-7000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
22000000 | usd |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-49000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4000000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
21000000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
31000000 | usd |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
16000000 | usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
4000000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
59000000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
287000000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
65000000 | usd | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-56000000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-154000000 | usd |
CY2023 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
0 | usd |
us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
12000000 | usd | |
CY2022Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
5000000 | usd |
CY2021 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-5000000 | usd |
CY2023 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
101000000 | usd |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
131000000 | usd | |
CY2022Q1 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
18000000 | usd |
CY2021 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
29000000 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
|
84000000 | usd |
us-gaap |
Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
|
0 | usd | |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
14000000 | usd |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1000000 | usd | |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
43000000 | usd |
CY2023 | sdrl |
Net Proceeds From Divestiture Of Businesses And Cash Impact From Deconsolidation
NetProceedsFromDivestitureOfBusinessesAndCashImpactFromDeconsolidation
|
21000000 | usd |
sdrl |
Net Proceeds From Divestiture Of Businesses And Cash Impact From Deconsolidation
NetProceedsFromDivestitureOfBusinessesAndCashImpactFromDeconsolidation
|
659000000 | usd | |
CY2022Q1 | sdrl |
Net Proceeds From Divestiture Of Businesses And Cash Impact From Deconsolidation
NetProceedsFromDivestitureOfBusinessesAndCashImpactFromDeconsolidation
|
-94000000 | usd |
CY2021 | sdrl |
Net Proceeds From Divestiture Of Businesses And Cash Impact From Deconsolidation
NetProceedsFromDivestitureOfBusinessesAndCashImpactFromDeconsolidation
|
0 | usd |
CY2023 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
-24000000 | usd |
us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
0 | usd | |
CY2022Q1 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
0 | usd |
CY2021 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
0 | usd |
CY2023 | sdrl |
Fund Advanced To Discontinued Operations
FundAdvancedToDiscontinuedOperations
|
0 | usd |
sdrl |
Fund Advanced To Discontinued Operations
FundAdvancedToDiscontinuedOperations
|
16000000 | usd | |
CY2022Q1 | sdrl |
Fund Advanced To Discontinued Operations
FundAdvancedToDiscontinuedOperations
|
20000000 | usd |
CY2021 | sdrl |
Fund Advanced To Discontinued Operations
FundAdvancedToDiscontinuedOperations
|
0 | usd |
CY2023 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
0 | usd |
us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
-40000000 | usd | |
CY2022Q1 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
0 | usd |
CY2021 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
23000000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
42000000 | usd |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
473000000 | usd | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-130000000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
37000000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
576000000 | usd |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | usd | |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
175000000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd | |
CY2022Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
50000000 | usd |
CY2021 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd |
CY2023 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
478000000 | usd |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
464000000 | usd | |
CY2022Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
160000000 | usd |
CY2021 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
0 | usd |
CY2023 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
4000000 | usd |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | usd | |
CY2022Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | usd |
CY2021 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
31000000 | usd |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
CY2022Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
263000000 | usd |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2023 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
0 | usd |
us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
16000000 | usd | |
CY2022Q1 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
20000000 | usd |
CY2021 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
0 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-200000000 | usd |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-448000000 | usd | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
85000000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1000000 | usd |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1000000 | usd | |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6000000 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-2000000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
130000000 | usd |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
89000000 | usd | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-95000000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-119000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
598000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
509000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
604000000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
723000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
598000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
490000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
516000000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
653000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
0 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
19000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
88000000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
70000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
728000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
598000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
509000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
604000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
728000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
598000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
490000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
516000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
0 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
0 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
19000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
88000000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
36000000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
57000000 | usd | |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
24000000 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
5000000 | usd | |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1000000 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3000000 | usd |
CY2023 | sdrl |
Reorganization Items Net Paid
ReorganizationItemsNetPaid
|
0 | usd |
sdrl |
Reorganization Items Net Paid
ReorganizationItemsNetPaid
|
13000000 | usd | |
CY2022Q1 | sdrl |
Reorganization Items Net Paid
ReorganizationItemsNetPaid
|
56000000 | usd |
CY2021 | sdrl |
Reorganization Items Net Paid
ReorganizationItemsNetPaid
|
100000000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
697000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
480000000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
293000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
31000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
44000000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
160000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
74000000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
63000000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-3140000000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-572000000 | usd |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-15000000 | usd |
CY2021 | sdrl |
Other Comprehensive Income Loss Net Of Tax Discontinuing Operations
OtherComprehensiveIncomeLossNetOfTaxDiscontinuingOperations
|
11000000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-3716000000 | usd |
CY2022Q1 | sdrl |
Other Comprehensive Income Loss Net Of Tax Continuing Operations
OtherComprehensiveIncomeLossNetOfTaxContinuingOperations
|
1000000 | usd |
CY2022Q1 | sdrl |
Other Comprehensive Income Loss Net Of Tax Discontinuing Operations
OtherComprehensiveIncomeLossNetOfTaxDiscontinuingOperations
|
-3000000 | usd |
CY2022Q1 | sdrl |
Aoci Recycling Of Divestiture Deconsolidation
AOCIRecyclingOfDivestitureDeconsolidation
|
16000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
3739000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-33000000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1495000000 | usd |
CY2022Q1 | sdrl |
Cancellation Of Predecessor Equity
CancellationOfPredecessorEquity
|
0 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1499000000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1499000000 | usd |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-73000000 | usd | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
274000000 | usd | |
sdrl |
Other Comprehensive Income Loss Net Of Tax Continuing Operations
OtherComprehensiveIncomeLossNetOfTaxContinuingOperations
|
2000000 | usd | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1702000000 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
300000000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
1244000000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
4000000 | usd |
CY2023 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
267000000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1000000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2983000000 | usd |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
General information<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Seadrill Limited is incorporated in Bermuda. We are an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Our primary business is the ownership and operation of drillships, semi-submersible rigs and jackup rigs for operations in shallow to ultra-deepwater in both benign and harsh environments. We contract our drilling units to drill wells for our customers on a dayrate basis. Our customers include oil super-majors, state-owned national oil companies and independent oil and gas companies. In addition, we provide management services to certain affiliated entities. As of December 31, 2023, we owned a total of 19 drilling rigs, of which three were leased to the Gulfdrill LLC ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Gulfdrill</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">") joint venture, one was leased to the Sonadrill joint venture, three were cold stacked and one was warm stacked. In addition to our owned assets, as of December 31, 2023, we managed two rigs owned by Sonangol.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">As used herein, the term "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Predecessor</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">" refers to the financial position and results of operations of Seadrill Limited prior to, and including, February 22, 2022. This is also applicable to terms "we", "our", "Group" or "Company" in the context of events on and prior to February 22, 2022. As used herein, the term "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Successor</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">" refers to the financial position and results of operations of Seadrill Limited (previously Seadrill 2021 Limited) after February 22, 2022 (the "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Effective Date</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">"). This is also applicable to terms "new Successor", "we", "our", "Group" or "Company" in the context of events after February 22, 2022 (Successor). </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">The use herein of such terms as "Group", "organization", "we", "us", "our" and "its", or references to specific entities, is not intended to be a precise description of corporate relationships. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:115%">Basis of presentation</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">The Consolidated Financial Statements comply with generally accepted accounting principles in the United States of America ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">US GAAP</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">") and are presented in U.S. dollars ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">US dollar</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">", "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">$</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">" or "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">US$</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">") rounded to the nearest million, unless stated otherwise. They include the financial statements of Seadrill Limited and its consolidated subsidiaries. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">In January 2022, we disposed of 65% of our equity interest in Paratus Energy Services Ltd ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">PES</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">") and in October 2022, we disposed of seven jackup units with contract in the Kingdom of Saudi Arabia (the "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">KSA Business</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">"). Both transactions represented strategic shifts in Seadrill's operations which were deemed to have a major effect on its operations and financial results in 2022 and going forward and therefore both were reclassified as discontinued operations. As such, their results were reported separately in comparative periods.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Following the sale of the KSA Business, our organizational structure was simplified, consolidating our operations into a single segment. In light of this change, the information provided to the Chief Operating Decision Maker ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">CODM</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">") has been adapted to reflect the updated operational structure during the year ended December 31, 2023. As a result, we have updated the reportable segments disclosed externally from Harsh Environment Floaters, and Jackups to a single operating segment. This has been reflected for all periods covered by the report.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">The financial information presented assumes we will continue as a going concern, able to realize our assets and discharge liabilities in the normal course of business as they come due.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:115%">Basis of consolidation</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">We consolidate companies where we control over 50% of voting rights, and entities where we hold a variable interest and are the primary beneficiary. A variable interest entity ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">VIE</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">") is a legal entity where equity at risk is not enough to finance its activities, or equity interest holders lack power to direct activities or receive expected returns. We are the primary beneficiary of a VIE when we have the power to direct activities that impact economic performance and the right to receive benefits or absorb losses. We exclude subsidiaries, even if fully owned, if we are not the primary beneficiary under the variable interest model. All intercompany balances and transactions have been eliminated.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Acquisition of Aquadrill LLC</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">On April 3, 2023 (the "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Closing Date</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">"), Seadrill completed the acquisition of Aquadrill LLC ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Aquadrill</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">"), an offshore drilling rig owner. Pursuant to the Agreement and Plan of Merger (the "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Merger Agreement</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">") dated December 22, 2022, by and among Seadrill, Aquadrill (formerly Seadrill Partners LLC) and Seadrill Merger Sub, LLC, a Marshall Islands limited liability company ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Merger Sub</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">"), Merger Sub merged with and into Aquadrill, with Aquadrill surviving the merger as a wholly owned subsidiary of Seadrill (the "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Merger</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">"). In connection with the Merger, and pursuant to the Merger Agreement, Seadrill exchanged consideration consisting of (i) 29.9 million Seadrill common shares, (ii) $30 million settled by tax withholding in lieu of common shares, and (iii) cash consideration of $1 million.</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Through the acquisition of Aquadrill in April 2023, we added four drillships, one semi-submersible, and three tender-assist units to our fleet. Refer to Note 31 – "Business combinations" for further detail. The three tender-assist units were sold on July 28, 2023.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:115%">Emergence from Chapter 11 proceedings</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">On February 22, 2022, Seadrill Limited and certain of its subsidiaries which filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court ("</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Debtors</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">"),</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">completed its comprehensive restructuring and emerged from Chapter 11 proceedings. Please refer to Note 4 – "Chapter 11"</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:115%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%"> for further details.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:115%">Fresh start accounting</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Seadrill qualified for fresh start accounting following its emergence from bankruptcy on the Effective Date, in accordance with the provisions set forth in ASC 852. This resulted in a new entity, the Successor, for financial reporting purposes, with no beginning retained earnings or loss as of the Effective Date. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Under fresh start accounting, Seadrill allocated the court approved reorganization value to its individual assets based on their estimated fair values on the Effective Date. Reorganization value represents the value of the reconstituted entity before considering liabilities and it approximates the amount a willing buyer would pay for the assets of the entity immediately after the restructuring. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Seadrill will continue to present financial information for any periods before the adoption of fresh start accounting for the Predecessor. The Predecessor and Successor Companies lack comparability, as required by ASC Topic 205, Presentation of Financial Statements. Therefore, "black-line" financial statements are presented to distinguish between the Predecessor and Successor Companies.</span></div>Refer to Note 5 – "Fresh Start Accounting" for further details. | |
CY2023Q4 | sdrl |
Number Of Offshore Drilling Units Owned By Company
NumberOfOffshoreDrillingUnitsOwnedByCompany
|
19 | rig |
CY2023Q4 | sdrl |
Number Of Rigs Cold Stacked
NumberOfRigsColdStacked
|
3 | rig |
CY2023Q4 | sdrl |
Number Of Rigs Warm Stacked
NumberOfRigsWarmStacked
|
1 | rig |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
CY2022Q4 | sdrl |
Number Of Jackup Units
NumberOfJackupUnits
|
7 | rig |
CY2023 | us-gaap |
Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
|
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:115%">Guarantees</span></div>Guarantees issued by us, excluding those that are guaranteeing our own performance, are recognized at fair value at the time that the guarantees are issued and reported in "Other current liabilities" and "Other non-current liabilities". If it becomes probable that we will have to perform under a guarantee, we remeasure the liability if the amount of the loss can be reasonably estimated. Financial guarantees written are assessed for credit losses and any allowance is presented as a liability for off-balance sheet credit exposures where the balance exceeds the collateral provided over the remaining instrument life. The allowance is assessed at the individual guarantee level, calculated by multiplying the balance exposed on default by the probability of default and loss given default over the term of the guarantee. | |
CY2021Q1 | sdrl |
Rights Offering Percentage
RightsOfferingPercentage
|
0.1250 | |
CY2021Q1 | sdrl |
Backstop Parties Equity Commitment Premium Percentage
BackstopPartiesEquityCommitmentPremiumPercentage
|
0.0425 | |
CY2021Q1 | sdrl |
Backstop Parties Commitment Premium Paid
BackstopPartiesCommitmentPremiumPaid
|
0.0750 | |
CY2021Q1 | sdrl |
Backstop Parties Commitment Premium
BackstopPartiesCommitmentPremium
|
20000000 | usd |
CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49999998 | shares |
CY2022Q1 | sdrl |
Percentage Of Ownership Of Common Stock
PercentageOfOwnershipOfCommonStock
|
1.0000 | |
CY2022Q1 | sdrl |
Percentage Of Ownership Of Common Stock After Dilution Of Conversion Of Convertible Debt
PercentageOfOwnershipOfCommonStockAfterDilutionOfConversionOfConvertibleDebt
|
1.0000 | |
CY2022Q1 | sdrl |
Reorganization Value Rig Asset Derecognized
ReorganizationValueRigAssetDerecognized
|
175000000 | usd |
CY2022Q1 | sdrl |
Reorganization Value Financial Liability Rig Asset Derecognized
ReorganizationValueFinancialLiabilityRigAssetDerecognized
|
161000000 | usd |
CY2022Q1 | sdrl |
Reorganization Value Cash Held As Collateral
ReorganizationValueCashHeldAsCollateral
|
7000000 | usd |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
85000000 | usd |
CY2022Q1 | sdrl |
Interest Expense Not Recorded Due To Reorganization
InterestExpenseNotRecordedDueToReorganization
|
48000000 | usd |
sdrl |
Interest Expense Not Recorded Due To Reorganization
InterestExpenseNotRecordedDueToReorganization
|
298000000 | usd | |
CY2023 | us-gaap |
Debtor Reorganization Items Gain Loss On Settlement Of Other Claims Net1
DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1
|
0 | usd |
us-gaap |
Debtor Reorganization Items Gain Loss On Settlement Of Other Claims Net1
DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1
|
0 | usd | |
CY2023 | us-gaap |
Debtor Reorganization Items Revaluation Of Assets And Liabilities
DebtorReorganizationItemsRevaluationOfAssetsAndLiabilities
|
0 | usd |
us-gaap |
Debtor Reorganization Items Revaluation Of Assets And Liabilities
DebtorReorganizationItemsRevaluationOfAssetsAndLiabilities
|
0 | usd | |
CY2023 | us-gaap |
Debtor Reorganization Items Gain Loss On Asset Sales Net1
DebtorReorganizationItemsGainLossOnAssetSalesNet1
|
0 | usd |
us-gaap |
Debtor Reorganization Items Gain Loss On Asset Sales Net1
DebtorReorganizationItemsGainLossOnAssetSalesNet1
|
0 | usd | |
CY2023 | us-gaap |
Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
|
0 | usd |
us-gaap |
Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
|
15000000 | usd | |
CY2023 | us-gaap |
Debtor Reorganization Items Employee Related Charges
DebtorReorganizationItemsEmployeeRelatedCharges
|
0 | usd |
us-gaap |
Debtor Reorganization Items Employee Related Charges
DebtorReorganizationItemsEmployeeRelatedCharges
|
0 | usd | |
CY2023 | us-gaap |
Debtor Reorganization Items Net Gain Loss On Rejection Of Leases And Other Executory Contracts1
DebtorReorganizationItemsNetGainLossOnRejectionOfLeasesAndOtherExecutoryContracts1
|
0 | usd |
us-gaap |
Debtor Reorganization Items Net Gain Loss On Rejection Of Leases And Other Executory Contracts1
DebtorReorganizationItemsNetGainLossOnRejectionOfLeasesAndOtherExecutoryContracts1
|
0 | usd | |
CY2023 | us-gaap |
Debtor Reorganization Items Interest Income On Accumulated Cash1
DebtorReorganizationItemsInterestIncomeOnAccumulatedCash1
|
0 | usd |
us-gaap |
Debtor Reorganization Items Interest Income On Accumulated Cash1
DebtorReorganizationItemsInterestIncomeOnAccumulatedCash1
|
0 | usd | |
CY2023 | us-gaap |
Reorganization Items
ReorganizationItems
|
0 | usd |
us-gaap |
Reorganization Items
ReorganizationItems
|
15000000 | usd | |
CY2022Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
152000000 | usd |
CY2022Q1 | us-gaap |
Retained Interest Fair Value Disclosure
RetainedInterestFairValueDisclosure
|
56000000 | usd |
CY2022Q1 | sdrl |
Reclassification Of Nsn Co Accumulated Other Comprehensive Losses To Income On Disposal
ReclassificationOfNSNCoAccumulatedOtherComprehensiveLossesToIncomeOnDisposal
|
-16000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
112000000 | usd |
CY2022Q1 | us-gaap |
Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
|
2095000000 | usd |
CY2022Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
951000000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1499000000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
49999998 | shares |
CY2022Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
29.98 | |
CY2022Q1 | us-gaap |
Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
|
2095000000 | usd |
CY2022Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
350000000 | usd |
CY2022Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
179000000 | usd |
CY2022Q1 | us-gaap |
Reorganization Value
ReorganizationValue
|
2979000000 | usd |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
336000000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
907000000 | usd |
CY2023Q4 | sdrl |
Drilling Units Net
DrillingUnitsNet
|
2858000000 | usd |
CY2022Q4 | sdrl |
Drilling Units Net
DrillingUnitsNet
|
1668000000 | usd |
CY2022Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
169000000 | usd |
CY2022Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
74000000 | usd |
CY2022Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
197000000 | usd |
CY2022Q1 | us-gaap |
Assets Current
AssetsCurrent
|
903000000 | usd |
CY2022Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
64000000 | usd |
CY2022Q1 | sdrl |
Drilling Units Net
DrillingUnitsNet
|
1575000000 | usd |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
69000000 | usd |
CY2022Q1 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
9000000 | usd |
CY2022Q1 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
9000000 | usd |
CY2022Q1 | sdrl |
Assets Held For Sale Not Part Of Disposal Group Non Current
AssetsHeldForSaleNotPartOfDisposalGroupNonCurrent
|
311000000 | usd |
CY2022Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
39000000 | usd |
CY2022Q1 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
2076000000 | usd |
CY2022Q1 | us-gaap |
Assets
Assets
|
2979000000 | usd |
CY2022Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
53000000 | usd |
CY2022Q1 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
64000000 | usd |
CY2022Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
233000000 | usd |
CY2022Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
350000000 | usd |
CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
951000000 | usd |
CY2022Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
6000000 | usd |
CY2022Q1 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
2000000 | usd |
CY2022Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
171000000 | usd |
CY2022Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1130000000 | usd |
CY2022Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1499000000 | usd |
CY2022Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2979000000 | usd |
CY2022Q1 | sdrl |
Increase Decrease Deferred Tax Liabilities Write Off Of Balances
IncreaseDecreaseDeferredTaxLiabilitiesWriteOffOfBalances
|
1000000 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-1000000 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1000000 | usd | |
CY2022Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-1000000 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
34000000 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
1502000000 | usd |
us-gaap |
Revenues
Revenues
|
843000000 | usd | |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
169000000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
222000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
137000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
31000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
19000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
33000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
42000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
61000000 | usd |
CY2023 | us-gaap |
Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
|
1000000 | usd |
CY2023 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
19000000 | usd |
CY2023 | sdrl |
Contract With Customer Liability Cash Received Not Recognized As Revenue
ContractWithCustomerLiabilityCashReceivedNotRecognizedAsRevenue
|
21000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
64000000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
35000000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
16000000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
19000000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
19000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
9000000 | usd | |
sdrl |
Contract With Customer Liability Cash Received Not Recognized As Revenue
ContractWithCustomerLiabilityCashReceivedNotRecognizedAsRevenue
|
51000000 | usd | |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
61000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
31000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
33000000 | usd |
CY2023 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
33000000 | usd |
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
24000000 | usd | |
CY2022Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
4000000 | usd |
CY2021 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
26000000 | usd |
CY2023 | sdrl |
Revenue Not From Contract With Customer Inventory Sales
RevenueNotFromContractWithCustomerInventorySales
|
0 | usd |
sdrl |
Revenue Not From Contract With Customer Inventory Sales
RevenueNotFromContractWithCustomerInventorySales
|
9000000 | usd | |
CY2022Q1 | sdrl |
Revenue Not From Contract With Customer Inventory Sales
RevenueNotFromContractWithCustomerInventorySales
|
0 | usd |
CY2021 | sdrl |
Revenue Not From Contract With Customer Inventory Sales
RevenueNotFromContractWithCustomerInventorySales
|
0 | usd |
CY2023 | sdrl |
Early Termination Revenue
EarlyTerminationRevenue
|
0 | usd |
sdrl |
Early Termination Revenue
EarlyTerminationRevenue
|
0 | usd | |
CY2022Q1 | sdrl |
Early Termination Revenue
EarlyTerminationRevenue
|
0 | usd |
CY2021 | sdrl |
Early Termination Revenue
EarlyTerminationRevenue
|
6000000 | usd |
CY2023 | us-gaap |
Other Income
OtherIncome
|
12000000 | usd |
us-gaap |
Other Income
OtherIncome
|
6000000 | usd | |
CY2022Q1 | us-gaap |
Other Income
OtherIncome
|
1000000 | usd |
CY2021 | us-gaap |
Other Income
OtherIncome
|
0 | usd |
CY2023 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
14000000 | usd |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
1000000 | usd | |
CY2022Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
2000000 | usd |
CY2021 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
47000000 | usd |
CY2023 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd | |
CY2022Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2021 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
152000000 | usd |
CY2023 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
0 | usd |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
0 | usd | |
CY2022Q1 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
0 | usd |
CY2021 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
54000000 | usd |
CY2023 | sdrl |
Other Operating Income Loss
OtherOperatingIncomeLoss
|
14000000 | usd |
sdrl |
Other Operating Income Loss
OtherOperatingIncomeLoss
|
1000000 | usd | |
CY2022Q1 | sdrl |
Other Operating Income Loss
OtherOperatingIncomeLoss
|
2000000 | usd |
CY2021 | sdrl |
Other Operating Income Loss
OtherOperatingIncomeLoss
|
-51000000 | usd |
CY2021 | sdrl |
Number Of Rigs Disposed Of
NumberOfRigsDisposedOf
|
7 | rig |
CY2021Q2 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
152000000 | usd |
CY2021 | sdrl |
Gain Loss On Insurance Claims
GainLossOnInsuranceClaims
|
22000000 | usd |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
54000000 | usd |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
95000000 | usd | |
CY2022Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
0 | usd |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
25000000 | usd |
CY2023 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
0 | usd |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
0 | usd | |
CY2022Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
7000000 | usd |
CY2021 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
84000000 | usd |
CY2023 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
5000000 | usd |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
3000000 | usd | |
CY2022Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
0 | usd |
CY2021 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
0 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
59000000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
98000000 | usd | |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
7000000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
109000000 | usd |
CY2023 | sdrl |
Cash Interest
CashInterest
|
54000000 | usd |
sdrl |
Cash Interest
CashInterest
|
95000000 | usd | |
CY2022Q1 | sdrl |
Cash Interest
CashInterest
|
0 | usd |
CY2021 | sdrl |
Cash Interest
CashInterest
|
25000000 | usd |
CY2021 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
152000000 | usd |
CY2021 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
152000000 | usd |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd | |
CY2022Q1 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
30000000 | usd |
us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
15000000 | usd | |
CY2022Q1 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
3000000 | usd |
CY2021 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
2000000 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | usd |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | usd | |
CY2022Q1 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-13000000 | usd |
us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-5000000 | usd | |
CY2022Q1 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-1000000 | usd |
CY2021 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-2000000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10000000 | usd | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.054 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.160 | ||
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.054 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.160 | ||
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2021 | sdrl |
Income Tax Expense Benefit Cares Act
IncomeTaxExpenseBenefitCARESAct
|
-2000000 | usd |
CY2023 | sdrl |
Effect Of Increases Resulting From Prior Period Tax Positions
EffectOfIncreasesResultingFromPriorPeriodTaxPositions
|
-4000000 | usd |
sdrl |
Effect Of Increases Resulting From Prior Period Tax Positions
EffectOfIncreasesResultingFromPriorPeriodTaxPositions
|
5000000 | usd | |
CY2022Q1 | sdrl |
Effect Of Increases Resulting From Prior Period Tax Positions
EffectOfIncreasesResultingFromPriorPeriodTaxPositions
|
0 | usd |
CY2021 | sdrl |
Effect Of Increases Resulting From Prior Period Tax Positions
EffectOfIncreasesResultingFromPriorPeriodTaxPositions
|
-2000000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
|
-1000000 | usd |
us-gaap |
Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
|
-1000000 | usd | |
CY2022Q1 | us-gaap |
Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
|
1000000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
|
0 | usd |
CY2023 | us-gaap |
Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
|
12000000 | usd |
us-gaap |
Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
|
14000000 | usd | |
CY2022Q1 | us-gaap |
Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
|
3000000 | usd |
CY2021 | us-gaap |
Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
|
-2000000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10000000 | usd | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1097000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
296000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
210000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
92000000 | usd |
CY2023Q4 | sdrl |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvision
|
37000000 | usd |
CY2022Q4 | sdrl |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvision
|
27000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
5000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
|
3000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
|
1000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
11000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
12000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1363000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
428000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1317000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
413000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
46000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
15000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
|
9000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
|
8000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
1000000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
9000000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
9000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
37000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
6000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1097000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
296000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
|
675000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
|
235000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
|
422000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
|
61000000 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
150000000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
82000000 | usd |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
84000000 | usd |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
83000000 | usd |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
82000000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
|
71000000 | usd |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
|
0 | usd | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
|
0 | usd |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
|
0 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
5000000 | usd |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
1000000 | usd | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
1000000 | usd |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
2000000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
1000000 | usd |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
0 | usd | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
0 | usd |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
2000000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
8000000 | usd |
us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | usd | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | usd |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
1000000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
0 | usd |
us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
1000000 | usd | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
0 | usd |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
1000000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
1000000 | usd |
us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
2000000 | usd | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
0 | usd |
CY2021 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
1000000 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
150000000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
82000000 | usd |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
84000000 | usd |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
83000000 | usd |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-1.46 | ||
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
37.25 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-5.70 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.23 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.02 | ||
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
150000000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
82000000 | usd |
CY2023Q4 | sdrl |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Business Combination
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedBusinessCombination
|
11000000 | usd |
CY2022Q4 | sdrl |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Business Combination
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedBusinessCombination
|
0 | usd |
CY2023Q4 | sdrl |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Excluding Business Combinations
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedExcludingBusinessCombinations
|
27000000 | usd |
CY2022Q4 | sdrl |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Excluding Business Combinations
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedExcludingBusinessCombinations
|
21000000 | usd |
CY2023Q4 | sdrl |
Unrecognised Tax Benefit Offset Against Deferred Tax Assets
UnrecognisedTaxBenefitOffsetAgainstDeferredTaxAssets
|
18000000 | usd |
CY2022Q4 | sdrl |
Unrecognised Tax Benefit Offset Against Deferred Tax Assets
UnrecognisedTaxBenefitOffsetAgainstDeferredTaxAssets
|
18000000 | usd |
CY2023Q4 | sdrl |
Unrecognized Tax Benefits Gross
UnrecognizedTaxBenefitsGross
|
170000000 | usd |
CY2022Q4 | sdrl |
Unrecognized Tax Benefits Gross
UnrecognizedTaxBenefitsGross
|
85000000 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
38000000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
21000000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
6000000 | usd |
CY2022 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
2000000 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
170000000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
300000000 | usd |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-73000000 | usd | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
3739000000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-572000000 | usd |
CY2023 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | usd |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
274000000 | usd | |
CY2022Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-33000000 | usd |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-15000000 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
300000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
201000000 | usd | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3706000000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-587000000 | usd |
CY2023 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
5000000 | usd |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
3000000 | usd | |
CY2022Q1 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd |
CY2021 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
305000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
204000000 | usd | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
3706000000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-587000000 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
71000000 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
50000000 | shares | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
100000000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
100000000 | shares |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3000000 | shares | |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
74000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
53000000 | shares | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
100000000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
100000000 | shares |
CY2023 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
4.23 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-1.46 | ||
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
37.25 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-5.70 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
4.12 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
36.92 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-5.85 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.12 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.88 | ||
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
36.92 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-5.85 | |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
31000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
118000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
31000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
44000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
74000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
31000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
118000000 | usd |
CY2023Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
67000000 | usd |
CY2022Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
42000000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
54000000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
37000000 | usd |
CY2023Q4 | us-gaap |
Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
|
41000000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
|
34000000 | usd |
CY2023Q4 | sdrl |
Pre Funding Manager Arrangements Current
PreFundingManagerArrangementsCurrent
|
23000000 | usd |
CY2022Q4 | sdrl |
Pre Funding Manager Arrangements Current
PreFundingManagerArrangementsCurrent
|
0 | usd |
CY2023Q4 | sdrl |
Favorable Contracts Current
FavorableContractsCurrent
|
1000000 | usd |
CY2022Q4 | sdrl |
Favorable Contracts Current
FavorableContractsCurrent
|
30000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
13000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
26000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
199000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
169000000 | usd |
CY2023Q4 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
44000000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
77000000 | usd |
CY2023Q4 | sdrl |
Favorable Contracts Noncurrent
FavorableContractsNoncurrent
|
0 | usd |
CY2022Q4 | sdrl |
Favorable Contracts Noncurrent
FavorableContractsNoncurrent
|
12000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
12000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
4000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
56000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
93000000 | usd |
CY2022Q4 | sdrl |
Other Assets Gross
OtherAssetsGross
|
96000000 | usd |
CY2022Q4 | sdrl |
Accumulated Depreciation Depletion And Amortization Other Assets
AccumulatedDepreciationDepletionAndAmortizationOtherAssets
|
54000000 | usd |
CY2022Q4 | sdrl |
Other Assets Net
OtherAssetsNet
|
42000000 | usd |
CY2023 | sdrl |
Disposal Of Other Assets
DisposalOfOtherAssets
|
13000000 | usd |
CY2023 | sdrl |
Disposal Of Other Assets
DisposalOfOtherAssets
|
13000000 | usd |
CY2023 | sdrl |
Other Assets Additions Through Business Combinations
OtherAssetsAdditionsThroughBusinessCombinations
|
7000000 | usd |
CY2023 | sdrl |
Other Assets Additions Through Business Combinations
OtherAssetsAdditionsThroughBusinessCombinations
|
7000000 | usd |
CY2023Q4 | sdrl |
Other Assets Gross
OtherAssetsGross
|
90000000 | usd |
CY2023Q4 | sdrl |
Accumulated Depreciation Depletion And Amortization Other Assets
AccumulatedDepreciationDepletionAndAmortizationOtherAssets
|
89000000 | usd |
CY2023Q4 | sdrl |
Other Assets Net
OtherAssetsNet
|
1000000 | usd |
CY2021Q4 | sdrl |
Other Assets Gross
OtherAssetsGross
|
266000000 | usd |
CY2021Q4 | sdrl |
Accumulated Depreciation Depletion And Amortization Other Assets
AccumulatedDepreciationDepletionAndAmortizationOtherAssets
|
257000000 | usd |
CY2021Q4 | sdrl |
Other Assets Net
OtherAssetsNet
|
9000000 | usd |
CY2022Q1 | sdrl |
Other Assets Gross
OtherAssetsGross
|
96000000 | usd |
CY2022Q1 | sdrl |
Accumulated Depreciation Depletion And Amortization Other Assets
AccumulatedDepreciationDepletionAndAmortizationOtherAssets
|
0 | usd |
CY2022Q1 | sdrl |
Other Assets Net
OtherAssetsNet
|
96000000 | usd |
CY2022Q1 | sdrl |
Other Assets Gross
OtherAssetsGross
|
96000000 | usd |
CY2022Q1 | sdrl |
Accumulated Depreciation Depletion And Amortization Other Assets
AccumulatedDepreciationDepletionAndAmortizationOtherAssets
|
0 | usd |
CY2022Q1 | sdrl |
Other Assets Net
OtherAssetsNet
|
96000000 | usd |
CY2022Q4 | sdrl |
Other Assets Gross
OtherAssetsGross
|
96000000 | usd |
CY2022Q4 | sdrl |
Accumulated Depreciation Depletion And Amortization Other Assets
AccumulatedDepreciationDepletionAndAmortizationOtherAssets
|
54000000 | usd |
CY2022Q4 | sdrl |
Other Assets Net
OtherAssetsNet
|
42000000 | usd |
CY2023Q4 | sdrl |
Number Of Drillships
NumberOfDrillships
|
2 | rig |
CY2023 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
37000000 | usd |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2000000 | usd | |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2000000 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3000000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
90000000 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
84000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
625000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
496000000 | usd |
CY2022Q4 | sdrl |
Unfavorable Drilling Contracts Noncurrent Liabilities
UnfavorableDrillingContractsNoncurrentLiabilities
|
46000000 | usd |
CY2023Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
4000000 | usd |
CY2022Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
17000000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
229000000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
190000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
1000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
0 | usd |
CY2023 | sdrl |
Debt Instrument Repayment Exit Fee
DebtInstrumentRepaymentExitFee
|
1000000 | usd |
CY2022 | sdrl |
Debt Instrument Repayment Exit Fee
DebtInstrumentRepaymentExitFee
|
22000000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
18000000 | usd |
CY2022Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
0 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
608000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
518000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
22000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
608000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
496000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
608000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
518000000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
117000000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
124000000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
54000000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
47000000 | usd |
CY2023Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
33000000 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
29000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
31000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
19000000 | usd |
CY2023Q4 | sdrl |
Unfavorable Drilling Contracts Current Liabilities
UnfavorableDrillingContractsCurrentLiabilities
|
30000000 | usd |
CY2022Q4 | sdrl |
Unfavorable Drilling Contracts Current Liabilities
UnfavorableDrillingContractsCurrentLiabilities
|
24000000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
21000000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
4000000 | usd |
CY2023Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
50000000 | usd |
CY2022Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
59000000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
336000000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
306000000 | usd |
CY2023Q4 | sdrl |
Uncertain Tax Positions Noncurrent Liabilities
UncertainTaxPositionsNoncurrentLiabilities
|
170000000 | usd |
CY2022Q4 | sdrl |
Uncertain Tax Positions Noncurrent Liabilities
UncertainTaxPositionsNoncurrentLiabilities
|
85000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
33000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
42000000 | usd |
CY2023Q4 | sdrl |
Unfavorable Drilling Contracts Noncurrent Liabilities
UnfavorableDrillingContractsNoncurrentLiabilities
|
22000000 | usd |
CY2022Q4 | sdrl |
Gross Carrying Amount Of Unfavorable Contracts To Be Amortized
GrossCarryingAmountOfUnfavorableContractsToBeAmortized
|
85000000 | usd |
CY2022Q4 | sdrl |
Accumulated Amortization Of Unfavorable Contracts To Be Amortized
AccumulatedAmortizationOfUnfavorableContractsToBeAmortized
|
15000000 | usd |
CY2022Q4 | sdrl |
Net Amount Of Unfavorable Contracts To Be Amortized
NetAmountOfUnfavorableContractsToBeAmortized
|
70000000 | usd |
CY2023 | sdrl |
Unfavorable Drilling Contracts And Management Services Additions Through Business Combinations
UnfavorableDrillingContractsAndManagementServicesAdditionsThroughBusinessCombinations
|
49000000 | usd |
CY2023 | sdrl |
Unfavorable Drilling Contracts And Management Services Additions Through Business Combinations
UnfavorableDrillingContractsAndManagementServicesAdditionsThroughBusinessCombinations
|
49000000 | usd |
CY2023 | sdrl |
Unfavourable Contracts Amortization
UnfavourableContractsAmortization
|
67000000 | usd |
CY2023 | sdrl |
Unfavourable Contracts Amortization
UnfavourableContractsAmortization
|
67000000 | usd |
CY2023Q4 | sdrl |
Gross Carrying Amount Of Unfavorable Contracts To Be Amortized
GrossCarryingAmountOfUnfavorableContractsToBeAmortized
|
134000000 | usd |
CY2023Q4 | sdrl |
Accumulated Amortization Of Unfavorable Contracts To Be Amortized
AccumulatedAmortizationOfUnfavorableContractsToBeAmortized
|
82000000 | usd |
CY2023Q4 | sdrl |
Net Amount Of Unfavorable Contracts To Be Amortized
NetAmountOfUnfavorableContractsToBeAmortized
|
52000000 | usd |
CY2021Q4 | sdrl |
Gross Carrying Amount Of Unfavorable Contracts To Be Amortized
GrossCarryingAmountOfUnfavorableContractsToBeAmortized
|
66000000 | usd |
CY2021Q4 | sdrl |
Accumulated Amortization Of Unfavorable Contracts To Be Amortized
AccumulatedAmortizationOfUnfavorableContractsToBeAmortized
|
60000000 | usd |
CY2021Q4 | sdrl |
Net Amount Of Unfavorable Contracts To Be Amortized
NetAmountOfUnfavorableContractsToBeAmortized
|
6000000 | usd |
CY2022Q1 | sdrl |
Gross Carrying Amount Of Unfavorable Contracts To Be Amortized
GrossCarryingAmountOfUnfavorableContractsToBeAmortized
|
85000000 | usd |
CY2022Q1 | sdrl |
Accumulated Amortization Of Unfavorable Contracts To Be Amortized
AccumulatedAmortizationOfUnfavorableContractsToBeAmortized
|
0 | usd |
CY2022Q1 | sdrl |
Net Amount Of Unfavorable Contracts To Be Amortized
NetAmountOfUnfavorableContractsToBeAmortized
|
85000000 | usd |
CY2022Q1 | sdrl |
Gross Carrying Amount Of Unfavorable Contracts To Be Amortized
GrossCarryingAmountOfUnfavorableContractsToBeAmortized
|
85000000 | usd |
CY2022Q1 | sdrl |
Accumulated Amortization Of Unfavorable Contracts To Be Amortized
AccumulatedAmortizationOfUnfavorableContractsToBeAmortized
|
0 | usd |
CY2022Q1 | sdrl |
Net Amount Of Unfavorable Contracts To Be Amortized
NetAmountOfUnfavorableContractsToBeAmortized
|
85000000 | usd |
sdrl |
Unfavourable Contracts Amortization
UnfavourableContractsAmortization
|
15000000 | usd | |
sdrl |
Unfavourable Contracts Amortization
UnfavourableContractsAmortization
|
15000000 | usd | |
CY2022Q4 | sdrl |
Gross Carrying Amount Of Unfavorable Contracts To Be Amortized
GrossCarryingAmountOfUnfavorableContractsToBeAmortized
|
85000000 | usd |
CY2022Q4 | sdrl |
Accumulated Amortization Of Unfavorable Contracts To Be Amortized
AccumulatedAmortizationOfUnfavorableContractsToBeAmortized
|
15000000 | usd |
CY2022Q4 | sdrl |
Net Amount Of Unfavorable Contracts To Be Amortized
NetAmountOfUnfavorableContractsToBeAmortized
|
70000000 | usd |
CY2023 | sdrl |
Finite Lived Intangible Liabilities Remaining Amortization Period
FiniteLivedIntangibleLiabilitiesRemainingAmortizationPeriod
|
P22M | |
CY2023 | sdrl |
Amortization Of Unfavorable Contracts Year One
AmortizationOfUnfavorableContractsYearOne
|
30000000 | usd |
CY2023 | sdrl |
Amortization Of Unfavorable Contracts Year Two
AmortizationOfUnfavorableContractsYearTwo
|
19000000 | usd |
CY2023 | sdrl |
Amortization Of Unfavorable Contracts Year Three
AmortizationOfUnfavorableContractsYearThree
|
3000000 | usd |
CY2023 | sdrl |
Amortization Of Unfavorable Contracts
AmortizationOfUnfavorableContracts
|
52000000 | usd |
CY2022Q3 | sdrl |
Number Of Benign Environment Jack Up Rigs
NumberOfBenignEnvironmentJackUpRigs
|
3 | rig |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2000000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1000000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1000000 | usd |
CY2023Q4 | sdrl |
Lessee Operating Lease Liability To Be Paid Year Four And Thereafter
LesseeOperatingLeaseLiabilityToBePaidYearFourAndThereafter
|
2000000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
6000000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
6000000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
11000000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2000000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4000000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
9000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2000000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2000000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
6000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4000000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
9000000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4000000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36000000 | usd | |
CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4000000 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
42000000 | usd |
CY2023 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
0 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
3000000 | usd | |
CY2022Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1000000 | usd |
CY2021 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1000000 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
4000000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
39000000 | usd | |
CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
5000000 | usd |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
43000000 | usd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
4000000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
39000000 | usd | |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5000000 | usd |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
41000000 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
24000000 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
24000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P47M | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P52M | |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P22M | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P19M | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.10 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.10 | |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.09 | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.10 | |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
53000000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
47000000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
6000000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
106000000 | usd |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
100384435 | shares |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.10 | |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
10038000 | usd |
CY2022Q1 | sdrl |
Cancellation Of Predecessor Equity Shares
CancellationOfPredecessorEquityShares
|
100384435 | shares |
CY2022Q1 | sdrl |
Cancellation Of Predecessor Equity Par Value
CancellationOfPredecessorEquityParValue
|
0.10 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
49999998 | shares |
CY2022Q1 | sdrl |
Stock Issued During Period Shares New Issues Par Value
StockIssuedDuringPeriodSharesNewIssuesParValue
|
0.01 | |
CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49999998 | shares |
CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
500000 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49999998 | shares |
CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49999998 | shares |
CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
500000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
500000 | usd |
CY2023 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
5817579 | shares |
CY2023 | sdrl |
Stock Repurchased And Retired During Period Par Value
StockRepurchasedAndRetiredDuringPeriodParValue
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
74048962 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
741000 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
74048962 | shares |
CY2023Q4 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
343619 | shares |
CY2022Q1 | sdrl |
Cancellation Of Predecessor Equity Shares
CancellationOfPredecessorEquityShares
|
100384435 | shares |
CY2023Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
500000000 | usd |
CY2023Q4 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
343619 | shares |
CY2023 | sdrl |
Number Of Votes Per Common Share
NumberOfVotesPerCommonShare
|
1 | rig |
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
41.83 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
0 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
0 | shares |
CY2023 | sdrl |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Cash Settled
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodCashSettled
|
43988 | shares |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12000000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd |
CY2023Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
|
25000000 | usd |
CY2015Q4 | sdrl |
Contract Value Deduction Percentage
ContractValueDeductionPercentage
|
0.02 | |
CY2015Q4 | sdrl |
Contract Value Deduction Percentage
ContractValueDeductionPercentage
|
0.02 | |
CY2015Q4 | sdrl |
Contract Value Deduction Value
ContractValueDeductionValue
|
69000000 | usd |
CY2023Q4 | sdrl |
Number Of Active Contracts
NumberOfActiveContracts
|
3 | contract |
CY2023Q4 | sdrl |
Number Of Future Contracts
NumberOfFutureContracts
|
1 | contract |
CY2023 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
0 | usd |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-274000000 | usd | |
CY2022Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
33000000 | usd |
CY2021 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
15000000 | usd |
CY2023 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
0 | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
5.48 | ||
CY2022Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
-0.33 | |
CY2021 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
-0.15 | |
CY2023 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
0 | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
5.21 | ||
CY2022Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
-0.33 | |
CY2021 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
-0.15 | |
CY2023 | sdrl |
Number Of Discontinued Operations
NumberOfDiscontinuedOperations
|
2 | discontinuedoperation |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-112000000 | usd |
CY2022Q3 | sdrl |
Number Of Jackup Units
NumberOfJackupUnits
|
7 | rig |
CY2023 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
2 | business_acquisition |
CY2023Q2 | sdrl |
Number Of Tender Assist Drilling Units Sold
NumberOfTenderAssistDrillingUnitsSold
|
3 | contract |
CY2023Q3 | us-gaap |
Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
|
84000000 | usd |
CY2023 | us-gaap |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financial Liabilities
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities
|
49000000 | usd |
CY2023 | sdrl |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financial Assets Current
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialAssetsCurrent
|
6000000 | usd |
CY2023 | sdrl |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financial Assets Non Current
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialAssetsNonCurrent
|
1000000 | usd |
CY2023Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
500000000 | usd |