2024 Q2 Form 10-Q Financial Statement
#000031480824000062 Filed on May 02, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
Revenue | $610.1M | $525.0M | $483.8M |
YoY Change | 46.94% | 22.06% | 11.58% |
Cost Of Revenue | $438.7M | $444.8M | |
YoY Change | 17.46% | 17.92% | |
Gross Profit | $171.4M | $80.20M | |
YoY Change | 311.03% | 51.61% | |
Gross Profit Margin | 28.09% | 15.28% | |
Selling, General & Admin | $32.50M | $26.50M | $24.30M |
YoY Change | 23.11% | 8.61% | 1.67% |
% of Gross Profit | 18.96% | 33.04% | |
Research & Development | $438.7M | $444.8M | $402.0M |
YoY Change | 17.46% | 17.92% | 13.75% |
% of Gross Profit | 255.95% | 554.61% | |
Depreciation & Amortization | $29.70M | $26.80M | $27.50M |
YoY Change | 21.22% | 15.02% | 15.55% |
% of Gross Profit | 17.33% | 33.42% | |
Operating Expenses | $500.9M | $498.1M | $453.8M |
YoY Change | 18.03% | 17.23% | 13.14% |
Operating Profit | $108.9M | $29.30M | |
YoY Change | -1200.0% | 244.71% | |
Interest Expense | $10.60M | $5.700M | $13.80M |
YoY Change | 47.22% | -62.5% | 1.47% |
% of Operating Profit | 9.73% | 19.45% | |
Other Income/Expense, Net | $11.90M | $9.100M | -$5.500M |
YoY Change | 67.61% | -27.2% | 12.24% |
Pretax Income | $120.8M | $38.40M | $38.30M |
YoY Change | -4414.29% | 82.86% | -6.36% |
Income Tax | -$30.00M | $12.90M | -$790.2M |
% Of Pretax Income | -24.83% | 33.59% | -2063.19% |
Net Earnings | $149.6M | $25.50M | $835.2M |
YoY Change | -608.84% | -45.4% | 2760.27% |
Net Earnings / Revenue | 24.52% | 4.86% | 172.63% |
Basic Earnings Per Share | $2.07 | $0.35 | |
Diluted Earnings Per Share | $2.03 | $0.35 | $11.30 |
COMMON SHARES | |||
Basic Shares Outstanding | 72.41M shares | 72.41M shares | 72.90M shares |
Diluted Shares Outstanding | 73.70M shares | 73.60M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $398.3M | $494.1M | $620.5M |
YoY Change | -49.41% | -39.93% | -14.31% |
Cash & Equivalents | $398.3M | $494.1M | $620.5M |
Short-Term Investments | |||
Other Short-Term Assets | $182.6M | $177.6M | $177.2M |
YoY Change | 8.24% | 12.33% | 19.25% |
Inventory | |||
Prepaid Expenses | $18.80M | $16.60M | $23.60M |
Receivables | $533.6M | $510.9M | $459.3M |
Other Receivables | $98.10M | $0.00 | $0.00 |
Total Short-Term Assets | $1.225B | $1.198B | $1.272B |
YoY Change | -15.39% | -14.18% | -5.5% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.809B | $1.732B | $1.634B |
YoY Change | 68.52% | 70.59% | 67.19% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $126.5M | $126.8M | $124.4M |
YoY Change | 11.26% | 10.84% | 11.97% |
Other Assets | $154.8M | $153.6M | $154.4M |
YoY Change | -16.59% | -6.8% | -10.13% |
Total Long-Term Assets | $3.191B | $3.157B | $3.050B |
YoY Change | 94.45% | 102.92% | 101.44% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.225B | $1.198B | $1.272B |
Total Long-Term Assets | $3.191B | $3.157B | $3.050B |
Total Assets | $4.416B | $4.354B | $4.322B |
YoY Change | 42.97% | 47.55% | 51.11% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $347.0M | $394.2M | $400.1M |
YoY Change | -4.72% | 21.63% | 55.98% |
Accrued Expenses | $140.0M | $366.5M | $344.2M |
YoY Change | 32.45% | 221.77% | 38.85% |
Deferred Revenue | $117.3M | $122.3M | $116.2M |
YoY Change | 21.93% | 85.87% | 48.97% |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $707.6M | $760.7M | $744.3M |
YoY Change | 7.39% | 28.54% | 47.56% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.081B | $1.080B | $1.079B |
YoY Change | 58.53% | 98.99% | 98.99% |
Other Long-Term Liabilities | $408.4M | $451.7M | $471.7M |
YoY Change | -15.18% | -2.78% | -8.51% |
Total Long-Term Liabilities | $1.489B | $1.532B | $1.551B |
YoY Change | 28.02% | 52.05% | 46.6% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $707.6M | $760.7M | $744.3M |
Total Long-Term Liabilities | $1.489B | $1.532B | $1.551B |
Total Liabilities | $2.228B | $2.324B | $2.325B |
YoY Change | 22.27% | 45.33% | 48.82% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.201B | $1.051B | $1.026B |
YoY Change | 576.78% | 408.22% | 540.54% |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.177B | $2.021B | $1.988B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.416B | $4.354B | $4.322B |
YoY Change | 42.97% | 47.55% | 51.11% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $149.6M | $25.50M | $835.2M |
YoY Change | -608.84% | -45.4% | 2760.27% |
Depreciation, Depletion And Amortization | $29.70M | $26.80M | $27.50M |
YoY Change | 21.22% | 15.02% | 15.55% |
Cash From Operating Activities | $11.50M | $26.30M | $96.70M |
YoY Change | -139.52% | -82.66% | -37.41% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $110.2M | $151.3M | $463.0M |
YoY Change | 55.21% | 168.74% | 759.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $100.0K | $0.00 | $1.100M |
YoY Change | -99.66% | -100.0% | -99.51% |
Cash From Investing Activities | -$110.1M | -$151.3M | -$461.9M |
YoY Change | 162.14% | 169.22% | -372.35% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -200.0K | -$1.600M | -56.40M |
YoY Change | -100.62% | ||
NET CHANGE | |||
Cash From Operating Activities | 11.50M | $26.30M | 96.70M |
Cash From Investing Activities | -110.1M | -$151.3M | -461.9M |
Cash From Financing Activities | -200.0K | -$1.600M | -56.40M |
Net Change In Cash | -98.80M | -$126.6M | -421.6M |
YoY Change | 155.3% | -232.57% | -230.08% |
FREE CASH FLOW | |||
Cash From Operating Activities | $11.50M | $26.30M | $96.70M |
Capital Expenditures | $110.2M | $151.3M | $463.0M |
Free Cash Flow | -$98.70M | -$125.0M | -$366.3M |
YoY Change | -1.4% | -231.03% | -464.12% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P9M | |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
444800000 | usd |
CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
377200000 | usd |
CY2024Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
26800000 | usd |
CY2023Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
23300000 | usd |
CY2024Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
26500000 | usd |
CY2023Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
24400000 | usd |
CY2024Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
498100000 | usd |
CY2023Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
424900000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2400000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3300000 | usd |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
29300000 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8500000 | usd |
CY2024Q1 | us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
21000000.0 | usd |
CY2023Q1 | us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
23000000.0 | usd |
CY2024Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
17700000 | usd |
CY2023Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
11100000 | usd |
CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
5800000 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
600000 | usd |
CY2024Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
9100000 | usd |
CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12500000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
38400000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
21000000.0 | usd |
CY2024Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
10900000 | usd |
CY2023Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-32200000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2000000.0 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
4600000 | usd |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12900000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-27600000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
25500000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
48600000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1900000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
25500000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
46700000 | usd |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.35 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.62 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.35 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72400000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
75200000 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73600000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
76400000 | shares |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
25500000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
48600000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
200000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
100000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
100000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-100000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-100000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-200000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
25400000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
48400000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1900000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
25400000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
46500000 | usd |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
494100000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
620500000 | usd |
CY2024Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
15000000.0 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
15200000 | usd |
CY2024Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
510900000 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
459300000 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
177600000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
177200000 | usd |
CY2024Q1 | us-gaap |
Assets Current
AssetsCurrent
|
1197600000 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1272200000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2014000000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1889000000 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
281700000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
255200000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1732300000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1633800000 | usd |
CY2024Q1 | us-gaap |
Other Receivable After Allowance For Credit Loss Noncurrent
OtherReceivableAfterAllowanceForCreditLossNoncurrent
|
289300000 | usd |
CY2023Q4 | us-gaap |
Other Receivable After Allowance For Credit Loss Noncurrent
OtherReceivableAfterAllowanceForCreditLossNoncurrent
|
282300000 | usd |
CY2024Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
126800000 | usd |
CY2023Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
124400000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
854800000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
855100000 | usd |
CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
153600000 | usd |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
154400000 | usd |
CY2024Q1 | us-gaap |
Assets
Assets
|
4354400000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
4322200000 | usd |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
394200000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
400100000 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
366500000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
344200000 | usd |
CY2024Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
760700000 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
744300000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1080100000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1079300000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
31600000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
29900000 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
451700000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
471700000 | usd |
CY2024Q1 | us-gaap |
Liabilities
Liabilities
|
2324100000 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
2325200000 | usd |
CY2024Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
700000000.0 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
700000000.0 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
75400000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
75400000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
72400000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
72400000 | shares |
CY2024Q1 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
800000 | usd |
CY2023Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
800000 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
150000000.0 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
150000000.0 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | usd |
CY2024Q1 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
16400000 | usd |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
16400000 | usd |
CY2024Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1127700000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1119800000 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1051000000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1025500000 | usd |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
25100000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
25200000 | usd |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
3000000.0 | shares |
CY2024Q1 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
3000000.0 | shares |
CY2024Q1 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
200100000 | usd |
CY2023Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
200100000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2020900000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1987600000 | usd |
CY2024Q1 | us-gaap |
Minority Interest
MinorityInterest
|
9400000 | usd |
CY2023Q4 | us-gaap |
Minority Interest
MinorityInterest
|
9400000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2030300000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1997000000 | usd |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4354400000 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4322200000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
25500000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
48600000 | usd |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
26800000 | usd |
CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
23300000 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000.0 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5700000 | usd |
CY2024Q1 | val |
Accretion Of Discount On The Notes Receivable
AccretionOfDiscountOnTheNotesReceivable
|
7000000.0 | usd |
CY2023Q1 | val |
Accretion Of Discount On The Notes Receivable
AccretionOfDiscountOnTheNotesReceivable
|
7000000.0 | usd |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2400000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3300000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2000000.0 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
4600000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-7000000.0 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-20800000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-2200000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-500000 | usd |
CY2024Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-1900000 | usd |
CY2023Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-300000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
21300000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-100800000 | usd |
CY2024Q1 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
2400000 | usd |
CY2023Q1 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
1000000.0 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
26300000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
151700000 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
151300000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
56300000 | usd |
CY2024Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
100000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-151300000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-56200000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1600000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1600000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-126600000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
95500000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
635700000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
748500000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
509100000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
844000000.0 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
2300000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
1500000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
5800000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
4500000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
122300000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
116200000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
36200000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
37600000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
6000000.0 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
153800000 | usd |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2600000 | usd |
CY2024Q1 | val |
Increase In Contract Liability Due To Revenue Deferred During The Period
IncreaseInContractLiabilityDueToRevenueDeferredDuringThePeriod
|
42500000 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-100000 | usd |
CY2024Q1 | val |
Contractwith Customer Liability Revenue Recognized Included In Beginning Balance
ContractwithCustomerLiabilityRevenueRecognizedIncludedInBeginningBalance
|
-33100000 | usd |
CY2024Q1 | val |
Contractwith Customer Liability Revenue Recognized Added During Period
ContractwithCustomerLiabilityRevenueRecognizedAddedDuringPeriod
|
-4700000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
500000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
8100000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
158500000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
107400000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
31100000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
17700000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2300000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
158500000 | usd |
CY2024Q1 | val |
Capitalized Contract Cost Amortization Expense Remainder Of Fiscal Year
CapitalizedContractCostAmortizationExpenseRemainderOfFiscalYear
|
68600000 | usd |
CY2024Q1 | val |
Capitalized Contract Cost Amortization Expense Year Two
CapitalizedContractCostAmortizationExpenseYearTwo
|
18100000 | usd |
CY2024Q1 | val |
Capitalized Contract Cost Amortization Expense Year Three
CapitalizedContractCostAmortizationExpenseYearThree
|
9900000 | usd |
CY2024Q1 | val |
Capitalized Contract Cost Amortization Expense Year Fourand Thereafter
CapitalizedContractCostAmortizationExpenseYearFourandThereafter
|
800000 | usd |
CY2024Q1 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
97400000 | usd |
CY2024Q1 | val |
Numberof Newbuild Jackup Rigs
NumberofNewbuildJackupRigs
|
20 | jackup |
CY2024Q1 | val |
Order Period
OrderPeriod
|
P10Y | |
CY2020Q1 | val |
Aro Rigs Under Construction
ARORigsUnderConstruction
|
2 | drillship |
CY2024Q1 | val |
Aro Rigs Under Construction
ARORigsUnderConstruction
|
2 | drillship |
CY2024Q1 | val |
Shareholder Notes Payable Term
ShareholderNotesPayableTerm
|
P10Y | |
CY2024Q1 | us-gaap |
Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
|
0.0210 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2014000000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1889000000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
7400000 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
7700000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
7900000 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
7700000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
200000 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
100000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-700000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
25500000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
46700000 | usd |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72400000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
75200000 | shares |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1200000 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1200000 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73600000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
76400000 | shares |
CY2024Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
75000 | shares |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8000 | shares |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
5470950 | shares |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
131.88 | |
CY2024Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
100000 | usd |
CY2022Q3 | srt |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
100000000 | usd |
CY2023Q2 | srt |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
300000000 | usd |
CY2024Q1 | srt |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
600000000 | usd |
CY2023Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | shares |
CY2024Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | shares |
CY2024Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
400000000 | usd |
CY2024Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-6600000 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-43800000 | usd |
CY2024Q1 | val |
Income Tax Expense Benefit Excluding Discrete Items
IncomeTaxExpenseBenefitExcludingDiscreteItems
|
19500000 | usd |
CY2023Q1 | val |
Income Tax Expense Benefit Excluding Discrete Items
IncomeTaxExpenseBenefitExcludingDiscreteItems
|
16200000 | usd |
CY2024Q1 | val |
Numberof Newbuild Jackup Rigs
NumberofNewbuildJackupRigs
|
20 | jackup |
CY2024Q1 | val |
Order Period
OrderPeriod
|
P10Y | |
CY2020Q1 | val |
Percentage Of Down Payment Paid For Aro Newbuilds
PercentageOfDownPaymentPaidForARONewbuilds
|
0.25 | |
CY2020Q1 | val |
Aro Rigs Under Construction
ARORigsUnderConstruction
|
2 | drillship |
CY2024Q1 | val |
Maximum Contingent Contributions To Joint Venture
MaximumContingentContributionsToJointVenture
|
1250000000 | usd |
CY2024Q1 | val |
Max.Amount By Which Val Commitment To Aro Will Be Reduced With Each Rig Delivery
Max.AmountByWhichVALCommitmentToAROWillBeReducedWithEachRigDelivery
|
250000000 | usd |
CY2024Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
97200000 | usd |
CY2024Q1 | us-gaap |
Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
|
13200000 | usd |
CY2023Q3 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
601000000 | brl |
CY2024Q1 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
120000000 | usd |
CY2019Q4 | us-gaap |
Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
|
200000000 | usd |
CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
4 | reportable_segment |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
525000000.0 | usd |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
444800000 | usd |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
26800000 | usd |
CY2024Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
26500000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2400000 | usd |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
29300000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1732300000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
430100000 | usd |
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 |
CY2024Q1 | val |
Total Number Of Contract Drilling Rigs
TotalNumberOfContractDrillingRigs
|
53 | |
CY2024Q1 | val |
Number Of Drilling Management Contracts
NumberOfDrillingManagementContracts
|
2 | drillship |
CY2024Q1 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
85200000 | usd |
CY2023Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
83200000 | usd |
CY2024Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
526600000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
474600000 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
15700000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
15300000 | usd |
CY2024Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
510900000 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
459300000 | usd |
CY2024Q1 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
76700000 | usd |
CY2023Q4 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
75300000 | usd |
CY2024Q1 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
52700000 | usd |
CY2023Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
49100000 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
16600000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
23600000 | usd |
CY2024Q1 | val |
Other Assets Other Current
OtherAssetsOtherCurrent
|
31600000 | usd |
CY2023Q4 | val |
Other Assets Other Current
OtherAssetsOtherCurrent
|
29200000 | usd |
CY2024Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
177600000 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
177200000 | usd |
CY2024Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
122300000 | usd |
CY2023Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
116200000 | usd |
CY2024Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
69100000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
76600000 | usd |
CY2024Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
61700000 | usd |
CY2023Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
52900000 | usd |
CY2024Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
38400000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
15400000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
29500000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
27200000 | usd |
CY2024Q1 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
15000000.0 | usd |
CY2023Q4 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
20400000 | usd |
CY2024Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
30500000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
35500000 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
366500000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
344200000 | usd |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
206400000 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
224000000.0 | usd |
CY2024Q1 | us-gaap |
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
|
139500000 | usd |
CY2023Q4 | us-gaap |
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
|
141600000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
49800000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
48900000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
36200000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
37600000 | usd |
CY2024Q1 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
19800000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
19600000 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
451700000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
471700000 | usd |
CY2024Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
5400000 | usd |
CY2023Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
500000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-700000 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-100000 | usd |
CY2024Q1 | val |
Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
|
-300000 | usd |
CY2023Q1 | val |
Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
|
0 | usd |
CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
5800000 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
600000 | usd |
CY2024Q1 | us-gaap |
Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
|
13200000 | usd |
CY2023Q4 | us-gaap |
Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
|
12600000 | usd |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |