$VAL
Valaris Ltd

2022 Q1 Form 10-Q Financial Statement

#000031480822000043 Filed on May 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $318.4M $307.1M
YoY Change 3.68% -32.74%
Cost Of Revenue $331.3M
YoY Change
Gross Profit -$12.90M
YoY Change
Gross Profit Margin -4.05%
Selling, General & Admin $18.80M $24.30M
YoY Change -22.63% -54.49%
% of Gross Profit
Research & Development $331.3M $252.2M
YoY Change 31.36% -47.02%
% of Gross Profit
Depreciation & Amortization $22.50M $122.1M
YoY Change -81.57% -25.78%
% of Gross Profit
Operating Expenses $331.3M $253.6M
YoY Change 30.64% -46.72%
Operating Profit -$49.90M -$847.5M
YoY Change -94.11% -72.23%
Interest Expense $3.700M $3.200M
YoY Change 15.62% -102.79%
% of Operating Profit
Other Income/Expense, Net $9.400M -$28.40M
YoY Change -133.1% -73.68%
Pretax Income -$40.50M -$875.9M
YoY Change -95.38% -72.28%
Income Tax -$700.0K $31.70M
% Of Pretax Income
Net Earnings -$38.60M -$910.0M
YoY Change -95.76% -69.73%
Net Earnings / Revenue -12.12% -296.32%
Basic Earnings Per Share -$0.51 -$4.56
Diluted Earnings Per Share -$0.51 -$4.56
COMMON SHARES
Basic Shares Outstanding 75.00M shares 199.6M shares
Diluted Shares Outstanding 75.00M shares 199.6M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $578.2M $292.0M
YoY Change 98.01% 57.84%
Cash & Equivalents $578.2M $291.7M
Short-Term Investments
Other Short-Term Assets $125.7M $383.5M
YoY Change -67.22% -10.29%
Inventory $270.0M
Prepaid Expenses $21.40M $28.80M
Receivables $271.9M $242.0M
Other Receivables $167.4M $208.0M
Total Short-Term Assets $1.173B $1.125B
YoY Change 4.28% 1.75%
LONG-TERM ASSETS
Property, Plant & Equipment $930.2M $10.08B
YoY Change -90.78% -17.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $90.90M $123.0M
YoY Change -26.1% 0.82%
Other Assets $186.6M $172.5M
YoY Change 8.17% -7.75%
Total Long-Term Assets $1.465B $10.82B
YoY Change -86.47% -16.24%
TOTAL ASSETS
Total Short-Term Assets $1.173B $1.125B
Total Long-Term Assets $1.465B $10.82B
Total Assets $2.638B $11.95B
YoY Change -77.92% -14.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $311.2M $176.8M
YoY Change 76.02% -31.58%
Accrued Expenses $86.80M $179.0M
YoY Change -51.51% -41.69%
Deferred Revenue $56.30M $53.60M
YoY Change 5.04% 118.78%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $523.3M $467.4M
YoY Change 11.96% -47.2%
LONG-TERM LIABILITIES
Long-Term Debt $545.5M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $544.8M $704.6M
YoY Change -22.68% 1.28%
Total Long-Term Liabilities $1.090B $704.6M
YoY Change 54.74% -89.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $523.3M $467.4M
Total Long-Term Liabilities $1.090B $704.6M
Total Liabilities $1.614B $1.172B
YoY Change 37.68% -84.84%
SHAREHOLDERS EQUITY
Retained Earnings -$71.60M -$5.094B
YoY Change -98.59% 118.19%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $76.00M
YoY Change -1.68%
Treasury Stock Shares 6.400M shares
Shareholders Equity $1.023B $3.463B
YoY Change
Total Liabilities & Shareholders Equity $2.638B $11.95B
YoY Change -77.92% -14.82%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$38.60M -$910.0M
YoY Change -95.76% -69.73%
Depreciation, Depletion And Amortization $22.50M $122.1M
YoY Change -81.57% -25.78%
Cash From Operating Activities $500.0K -$31.70M
YoY Change -101.58% -84.49%
INVESTING ACTIVITIES
Capital Expenditures $38.50M $6.000M
YoY Change 541.67% -83.47%
Acquisitions
YoY Change
Other Investing Activities $1.300M $3.700M
YoY Change -64.86% -64.42%
Cash From Investing Activities -$37.20M -$2.300M
YoY Change 1517.39% -91.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities $0.00 $0.00
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities $500.0K -$31.70M
Cash From Investing Activities -$37.20M -$2.300M
Cash From Financing Activities $0.00 $0.00
Net Change In Cash -$36.40M -$34.10M
YoY Change 6.74% -138.88%
FREE CASH FLOW
Cash From Operating Activities $500.0K -$31.70M
Capital Expenditures $38.50M $6.000M
Free Cash Flow -$38.00M -$37.70M
YoY Change 0.8% -84.34%

Facts In Submission

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CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1300000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3700000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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-37200000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2300000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
300000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-100000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-36400000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-34100000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
644600000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
325800000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
608200000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
291700000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3600000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
300000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
100000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
0 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
56300000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
45800000 USD
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
9700000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
10800000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
300000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
56600000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3400000 USD
CY2022Q1 val Contractwith Customer Liability Increasefrom Cash Receipts
ContractwithCustomerLiabilityIncreasefromCashReceipts
22300000 USD
val Contractwith Customer Liability Revenue Recognized Included In Beginning Balance
ContractwithCustomerLiabilityRevenueRecognizedIncludedInBeginningBalance
-12100000 USD
CY2022Q1 val Contractwith Customer Liability Revenue Recognized Added During Period
ContractwithCustomerLiabilityRevenueRecognizedAddedDuringPeriod
-800000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
3700000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
66000000.0 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
54600000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5400000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3800000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2200000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
66000000.0 USD
CY2022Q1 val Capitalized Contract Cost Amortization Expense Remainder Of Fiscal Year
CapitalizedContractCostAmortizationExpenseRemainderOfFiscalYear
26600000 USD
CY2022Q1 val Capitalized Contract Cost Amortization Expense Year Two
CapitalizedContractCostAmortizationExpenseYearTwo
15400000 USD
CY2022Q1 val Capitalized Contract Cost Amortization Expense Year Three
CapitalizedContractCostAmortizationExpenseYearThree
2800000 USD
CY2022Q1 val Capitalized Contract Cost Amortization Expense Year Fourand Thereafter
CapitalizedContractCostAmortizationExpenseYearFourandThereafter
0 USD
CY2022Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
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CY2022Q1 val Numberof Rigs Ownedby Aro
NumberofRigsOwnedbyARO
7 jackup
CY2022Q1 val Numberofjackupsleasedby Aro
NumberofjackupsleasedbyARO
8 jackup
CY2022Q1 val Numberof Rigs Ownedby Aro
NumberofRigsOwnedbyARO
7 jackup
CY2022Q1 val Contracts Terms On Purchased Rigs
ContractsTermsOnPurchasedRigs
P15Y
CY2022Q1 val Numberof Newbuild Jackup Rigs
NumberofNewbuildJackupRigs
20 jackup
CY2022Q1 val Order Period
OrderPeriod
P10Y
CY2022Q1 val Aro Rigs Under Construction
ARORigsUnderConstruction
2 drillship
CY2022Q1 val Cost Of Aro Newbuild Jackups Each
CostOfARONewbuildJackupsEach
176000000 USD
CY2022Q1 val Minimum Renewal Contract Terms For New Build Rigs
MinimumRenewalContractTermsForNewBuildRigs
P8Y
CY2022Q1 val Numberof Rigs Ownedby Aro
NumberofRigsOwnedbyARO
7 jackup
CY2022Q1 val Equity Method Investment Summarized Financial Information Accounts Receivable
EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable
11600000 USD
CY2021Q4 val Equity Method Investment Summarized Financial Information Accounts Receivable
EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable
12100000 USD
CY2022Q1 val Equity Method Investment Summarized Financial Information Contract Liabilities
EquityMethodInvestmentSummarizedFinancialInformationContractLiabilities
13900000 USD
CY2022Q1 val Equity Method Investment Summarized Financial Information Accounts Payable
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayable
37100000 USD
CY2021Q4 val Equity Method Investment Summarized Financial Information Contract Liabilities
EquityMethodInvestmentSummarizedFinancialInformationContractLiabilities
10800000 USD
CY2021Q4 val Equity Method Investment Summarized Financial Information Accounts Payable
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayable
38300000 USD
CY2022Q1 val Shareholder Notes Payable Term
ShareholderNotesPayableTerm
P10Y
CY2020Q4 us-gaap Due From Joint Ventures Noncurrent
DueFromJointVenturesNoncurrent
442700000 USD
CY2022Q1 us-gaap Due From Joint Ventures Noncurrent
DueFromJointVenturesNoncurrent
256800000 USD
CY2021Q4 us-gaap Due From Joint Ventures Noncurrent
DueFromJointVenturesNoncurrent
249100000 USD
CY2022Q1 val Equity Method Investment Summarized Financial Information Interest Income
EquityMethodInvestmentSummarizedFinancialInformationInterestIncome
10500000 USD
CY2022Q1 val Amortization Of Debt Issuance Costs Notes Receivable
AmortizationOfDebtIssuanceCostsNotesReceivable
7700000 USD
CY2021Q1 val Equity Method Investment Summarized Financial Information Interest Income
EquityMethodInvestmentSummarizedFinancialInformationInterestIncome
2600000 USD
CY2022Q1 val Equity Method Investment Summarized Financial Information Interest Receivable
EquityMethodInvestmentSummarizedFinancialInformationInterestReceivable
2900000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1018800000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
957000000.0 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
2000000 USD
CY2022Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5500000 USD
CY2021Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5000000.0 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
9500000 USD
CY2021Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
9100000 USD
CY2022Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 USD
CY2021Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-100000 USD
CY2022Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-4000000.0 USD
CY2021Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-4000000.0 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-38600000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-910000000 USD
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
5470972 shares
CY2021Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
131.88
CY2021 val Warranted Period Exercisable
WarrantedPeriodExercisable
P7Y
CY2022Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-14500000 USD
CY2021Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
20300000 USD
CY2022Q1 val Income Tax Expense Benefit Excluding Discrete Items
IncomeTaxExpenseBenefitExcludingDiscreteItems
13800000 USD
CY2022Q1 val Numberof Newbuild Jackup Rigs
NumberofNewbuildJackupRigs
20 jackup
CY2021Q1 val Income Tax Expense Benefit Excluding Discrete Items
IncomeTaxExpenseBenefitExcludingDiscreteItems
11400000 USD
CY2022Q1 val Order Period
OrderPeriod
P10Y
CY2022Q1 val Percentage Of Down Payment Paid For Aro Newbuilds
PercentageOfDownPaymentPaidForARONewbuilds
0.25
CY2022Q1 val Aro Rigs Under Construction
ARORigsUnderConstruction
2 drillship
CY2022Q1 val Maximum Contingent Contributions To Joint Venture
MaximumContingentContributionsToJointVenture
1250000000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
33600000 USD
CY2022Q1 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
27100000 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 Reportable_segment
CY2022Q1 us-gaap Revenues
Revenues
318400000 USD
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
331300000 USD
CY2022Q1 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
22500000 USD
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18800000 USD
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4300000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-49900000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
930200000 USD
CY2021Q1 us-gaap Revenues
Revenues
307100000 USD
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
253600000 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
756500000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
122100000 USD
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24300000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1900000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-847500000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10083900000 USD
CY2022Q1 val Total Number Of Contract Drilling Rigs
TotalNumberOfContractDrillingRigs
55
CY2021Q4 val Assets Current Other
AssetsCurrentOther
23400000 USD
CY2022Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
455600000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
460600000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
16300000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
16400000 USD
CY2022Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
439300000 USD
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
444200000 USD
CY2022Q1 us-gaap Prepaid Taxes
PrepaidTaxes
42800000 USD
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
44400000 USD
CY2022Q1 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
31800000 USD
CY2021Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
26900000 USD
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
21400000 USD
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
23100000 USD
CY2022Q1 val Assets Current Other
AssetsCurrentOther
29700000 USD
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
125700000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
117800000 USD
CY2022Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
65600000 USD
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
64800000 USD
CY2022Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
60800000 USD
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
59700000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22100000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20500000 USD
CY2022Q1 val Assets Noncurrent Other
AssetsNoncurrentOther
38100000 USD
CY2021Q4 val Assets Noncurrent Other
AssetsNoncurrentOther
31000000.0 USD
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
186600000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
176000000.0 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
58200000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
64600000 USD
CY2022Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
56300000 USD
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
45800000 USD
CY2022Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
48600000 USD
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
45700000 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
18900000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
7600000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9700000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10000000.0 USD
CY2022Q1 val Liabilities Current Other
LiabilitiesCurrentOther
20400000 USD
CY2021Q4 val Liabilities Current Other
LiabilitiesCurrentOther
22500000 USD
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
212100000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
196200000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
285200000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
320200000 USD
CY2022Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
199200000 USD
CY2021Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
204000000.0 USD
CY2022Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
60400000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
56900000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
544800000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
581100000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-9100000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-9100000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-300000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
0 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9400000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9100000 USD
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
4700000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
16600000 USD
CY2022Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-4000000.0 USD
CY2021Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-4000000.0 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2500000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1400000 USD
CY2022Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
200000 USD
CY2021Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
500000 USD
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11000000.0 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
22500000 USD
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
30000000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
35900000 USD
CY2022Q1 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
27100000 USD
CY2021Q4 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
31100000 USD

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