$VAL
Valaris Ltd

2023 Q2 Form 10-Q Financial Statement

#000031480823000046 Filed on May 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $415.2M $430.1M $433.6M
YoY Change 0.46% 35.08% 41.93%
Cost Of Revenue $373.5M $377.2M
YoY Change 3.23% 13.85%
Gross Profit $41.70M $52.90M
YoY Change -19.03% -510.08%
Gross Profit Margin 10.04% 12.3%
Selling, General & Admin $26.40M $24.40M $23.90M
YoY Change 38.95% 29.79% 30.6%
% of Gross Profit 63.31% 46.12%
Research & Development $373.5M $377.2M $353.4M
YoY Change 3.23% 13.85% 21.15%
% of Gross Profit 895.68% 713.04%
Depreciation & Amortization $24.50M $23.30M $23.80M
YoY Change 9.87% 3.56% -5.18%
% of Gross Profit 58.75% 44.05%
Operating Expenses $424.4M $424.9M $401.1M
YoY Change 17.3% 28.25% 19.7%
Operating Profit -$9.900M $8.500M
YoY Change -36.54% -117.03%
Interest Expense $7.200M $15.20M $13.60M
YoY Change -13.25% 310.81% -780.0%
% of Operating Profit 178.82%
Other Income/Expense, Net $7.100M $12.50M -$4.900M
YoY Change -95.22% 32.98% -117.31%
Pretax Income -$2.800M $21.00M $40.90M
YoY Change -102.11% -151.85% -1339.39%
Income Tax $24.50M -$27.60M $9.800M
% Of Pretax Income -131.43% 23.96%
Net Earnings -$29.40M $46.70M $29.20M
YoY Change -126.34% -220.98% 5.42%
Net Earnings / Revenue -7.08% 10.86% 6.73%
Basic Earnings Per Share -$0.39 $0.62
Diluted Earnings Per Share -$0.39 $0.61 $0.38
COMMON SHARES
Basic Shares Outstanding 75.18M shares 75.18M shares 75.18M shares
Diluted Shares Outstanding 74.80M shares 76.40M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $787.3M $822.5M $724.1M
YoY Change 42.24% 42.25% 18.96%
Cash & Equivalents $787.3M $822.5M $724.1M
Short-Term Investments $0.00
Other Short-Term Assets $168.7M $158.1M $148.6M
YoY Change 6.1% 25.78% 26.15%
Inventory
Prepaid Expenses $22.30M $17.60M $17.50M
Receivables $404.4M $324.9M $449.1M
Other Receivables $69.00M $68.50M $0.00
Total Short-Term Assets $1.447B $1.396B $1.346B
YoY Change 13.0% 18.95% 11.57%
LONG-TERM ASSETS
Property, Plant & Equipment $1.074B $1.016B $977.2M
YoY Change 15.24% 9.17% 9.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $113.7M $114.4M $111.1M
YoY Change 14.16% 25.85% 28.29%
Other Assets $185.6M $164.8M $171.8M
YoY Change 0.81% -11.68% -2.39%
Total Long-Term Assets $1.641B $1.556B $1.514B
YoY Change 10.89% 6.23% 7.95%
TOTAL ASSETS
Total Short-Term Assets $1.447B $1.396B $1.346B
Total Long-Term Assets $1.641B $1.556B $1.514B
Total Assets $3.088B $2.951B $2.860B
YoY Change 11.87% 11.89% 9.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $364.2M $324.1M $256.5M
YoY Change 26.9% 4.15% 13.6%
Accrued Expenses $105.7M $113.9M $247.9M
YoY Change -59.36% 31.22% 136.77%
Deferred Revenue $96.20M $65.80M $78.00M
YoY Change 51.5% 16.87% 70.31%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $658.9M $591.8M $504.4M
YoY Change 20.44% 13.09% 19.53%
LONG-TERM LIABILITIES
Long-Term Debt $681.9M $542.8M $542.4M
YoY Change 24.96% -0.49% -0.53%
Other Long-Term Liabilities $481.5M $464.6M $515.6M
YoY Change -8.74% -14.72% -11.27%
Total Long-Term Liabilities $1.163B $1.007B $1.058B
YoY Change 8.39% -7.6% -6.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $658.9M $591.8M $504.4M
Total Long-Term Liabilities $1.163B $1.007B $1.058B
Total Liabilities $1.822B $1.599B $1.562B
YoY Change 12.46% -0.89% 0.9%
SHAREHOLDERS EQUITY
Retained Earnings $177.4M $206.8M $160.1M
YoY Change 343.5% -388.83% -585.15%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.254B $1.342B $1.290B
YoY Change
Total Liabilities & Shareholders Equity $3.088B $2.951B $2.860B
YoY Change 11.87% 11.89% 9.62%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income -$29.40M $46.70M $29.20M
YoY Change -126.34% -220.98% 5.42%
Depreciation, Depletion And Amortization $24.50M $23.30M $23.80M
YoY Change 9.87% 3.56% -5.18%
Cash From Operating Activities -$29.10M $151.7M $154.5M
YoY Change -74.61% 30240.0% -2245.83%
INVESTING ACTIVITIES
Capital Expenditures $71.00M $56.30M $53.90M
YoY Change -216.2% 46.23% -303.4%
Acquisitions
YoY Change
Other Investing Activities $29.00M $100.0K $223.5M
YoY Change -80.03% -92.31% 847.03%
Cash From Investing Activities -$42.00M -$56.20M $169.6M
YoY Change -149.94% 51.08% -5948.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 32.40M $0.00 0.000
YoY Change -16300.0%
NET CHANGE
Cash From Operating Activities -29.10M $151.7M 154.5M
Cash From Investing Activities -42.00M -$56.20M 169.6M
Cash From Financing Activities 32.40M $0.00 0.000
Net Change In Cash -38.70M $95.50M 324.1M
YoY Change 26.06% -362.36% -3308.91%
FREE CASH FLOW
Cash From Operating Activities -$29.10M $151.7M $154.5M
Capital Expenditures $71.00M $56.30M $53.90M
Free Cash Flow -$100.1M $95.40M $100.6M
YoY Change 87.1% -351.05% 421.24%

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IncomeLossFromEquityMethodInvestments
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DefinedBenefitPlanNetPeriodicBenefitCost
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151700000 usd
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NetCashProvidedByUsedInOperatingActivities
800000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
56300000 usd
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PaymentsToAcquirePropertyPlantAndEquipment
38500000 usd
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ProceedsFromSaleOfPropertyPlantAndEquipment
100000 usd
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ProceedsFromSaleOfPropertyPlantAndEquipment
1300000 usd
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NetCashProvidedByUsedInInvestingActivities
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
95500000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
748500000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
844000000.0 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
608200000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1300000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4600000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
1200000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
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ContractWithCustomerLiabilityCurrent
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ContractWithCustomerLiabilityCurrent
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ContractWithCustomerLiabilityNoncurrent
32400000 usd
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ContractWithCustomerLiabilityNoncurrent
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ContractWithCustomerAssetNet
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ContractWithCustomerLiability
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ContractwithCustomerLiabilityRevenueRecognizedIncludedInBeginningBalance
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ContractwithCustomerLiabilityRevenueRecognizedAddedDuringPeriod
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CY2023Q1 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2500000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
98200000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
53300000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
41700000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2000000.0 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1200000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
98200000 usd
CY2023Q1 val Capitalized Contract Cost Amortization Expense Remainder Of Fiscal Year
CapitalizedContractCostAmortizationExpenseRemainderOfFiscalYear
51700000 usd
CY2023Q1 val Capitalized Contract Cost Amortization Expense Year Two
CapitalizedContractCostAmortizationExpenseYearTwo
19200000 usd
CY2023Q1 val Capitalized Contract Cost Amortization Expense Year Three
CapitalizedContractCostAmortizationExpenseYearThree
1600000 usd
CY2023Q1 val Capitalized Contract Cost Amortization Expense Year Fourand Thereafter
CapitalizedContractCostAmortizationExpenseYearFourandThereafter
500000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
73000000.0 usd
CY2023Q1 val Numberof Rigs Ownedby Aro
NumberofRigsOwnedbyARO
7 jackup
CY2023Q1 val Numberof Newbuild Jackup Rigs
NumberofNewbuildJackupRigs
20 jackup
CY2023Q1 val Order Period
OrderPeriod
P10Y
CY2020Q1 val Aro Rigs Under Construction
ARORigsUnderConstruction
2 drillship
CY2023Q1 val Aro Rigs Under Construction
ARORigsUnderConstruction
2 drillship
CY2023Q1 val Equity Method Investment Summarized Financial Information Accounts Receivable
EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable
16900000 usd
CY2022Q4 val Equity Method Investment Summarized Financial Information Accounts Receivable
EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable
12000000.0 usd
CY2023Q1 val Equity Method Investment Summarized Financial Information Contract Liabilities
EquityMethodInvestmentSummarizedFinancialInformationContractLiabilities
8900000 usd
CY2022Q4 val Equity Method Investment Summarized Financial Information Contract Liabilities
EquityMethodInvestmentSummarizedFinancialInformationContractLiabilities
16700000 usd
CY2023Q1 val Equity Method Investment Summarized Financial Information Accounts Payable
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayable
53400000 usd
CY2022Q4 val Equity Method Investment Summarized Financial Information Accounts Payable
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayable
43200000 usd
CY2023Q1 val Shareholder Notes Payable Term
ShareholderNotesPayableTerm
P10Y
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1196100000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1134500000 usd
CY2023Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
7700000 usd
CY2022Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5500000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
7700000 usd
CY2022Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
9500000 usd
CY2023Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
100000 usd
CY2022Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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DefinedBenefitPlanNetPeriodicBenefitCost
-100000 usd
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DefinedBenefitPlanNetPeriodicBenefitCost
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CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
46700000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-38600000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75200000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75000000.0 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1200000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
0 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76400000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75000000.0 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
5470950 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
131.88
CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
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CY2023Q1 us-gaap Revenues
Revenues
430100000 usd
CY2023Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-43800000 usd
CY2022Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-14500000 usd
CY2023Q1 val Income Tax Expense Benefit Excluding Discrete Items
IncomeTaxExpenseBenefitExcludingDiscreteItems
16200000 usd
CY2022Q1 val Income Tax Expense Benefit Excluding Discrete Items
IncomeTaxExpenseBenefitExcludingDiscreteItems
13800000 usd
CY2023Q1 val Numberof Newbuild Jackup Rigs
NumberofNewbuildJackupRigs
20 jackup
CY2023Q1 val Order Period
OrderPeriod
P10Y
CY2023Q1 val Percentage Of Down Payment Paid For Aro Newbuilds
PercentageOfDownPaymentPaidForARONewbuilds
0.25
CY2023Q1 val Aro Rigs Under Construction
ARORigsUnderConstruction
2 drillship
CY2023Q1 val Maximum Contingent Contributions To Joint Venture
MaximumContingentContributionsToJointVenture
1250000000 usd
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
140900000 usd
CY2023Q1 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
19400000 usd
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 reportable_segment
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
377200000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
23300000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24400000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3300000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
8500000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1015500000 usd
CY2022Q1 us-gaap Revenues
Revenues
318400000 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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
CY2023Q1 val Total Number Of Contract Drilling Rigs
TotalNumberOfContractDrillingRigs
52
CY2023Q1 val Number Of Drilling Management Contracts
NumberOfDrillingManagementContracts
2 drillship
CY2023Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
47900000 usd
CY2022Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
93600000 usd
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
408100000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
463900000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
14700000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
14800000 usd
CY2023Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
393400000 usd
CY2022Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
449100000 usd
CY2023Q1 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
63400000 usd
CY2022Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
59100000 usd
CY2023Q1 us-gaap Prepaid Taxes
PrepaidTaxes
47300000 usd
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
44600000 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
17600000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
17500000 usd
CY2023Q1 val Other Assets Other Current
OtherAssetsOtherCurrent
29800000 usd
CY2022Q4 val Other Assets Other Current
OtherAssetsOtherCurrent
27400000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
158100000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
148600000 usd
CY2023Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
65800000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
78000000.0 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
60600000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
55800000 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
53500000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
41400000 usd
CY2023Q1 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
25600000 usd
CY2022Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
27200000 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
18900000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
7600000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8800000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9400000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
34500000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
28500000 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
267700000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
247900000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
230100000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
275000000.0 usd
CY2023Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
158700000 usd
CY2022Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
159800000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
75800000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
80800000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
464600000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
515600000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
500000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
4700000 usd
CY2023Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-100000 usd
CY2022Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
4000000.0 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
100000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2500000 usd
CY2023Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
100000 usd
CY2022Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1200000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10000000.0 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
21500000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
24400000 usd
CY2023Q1 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
19400000 usd
CY2022Q4 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
20700000 usd
CY2023Q1 val Income Tax Refunds Expected
IncomeTaxRefundsExpected
45900000 usd

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