Transocean Ltd.

For the period ended Mar 31, 2026. Filed May 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 5, 2026

RIG$5.17-1.3%Stored close · as of Nov 9, 2026

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Condensed Consolidated Balance Sheets

(in millions, except par value)


· · March 31, · · December 31, ·
· · 2026 · · 2025
Assets
Cash and cash equivalents	$330	$620
Accounts receivable, net of allowance of $2 at March 31, 2026 and December 31, 2025	638	540
Materials and supplies, net of allowance of $144 and $140 at March 31, 2026 and December 31, 2025, respectively	383	378
Assets held for sale	1	24
Restricted cash and cash equivalents	285	377
Other current assets	129	142
Total current assets	1,766	2,081

Property and equipment	17,465	17,451
Less accumulated depreciation	(5,006)	(4,874)
Property and equipment, net	12,459	12,577

Deferred tax assets, net	47	61
Other assets	879	923
Total assets	$15,151	$15,642

Liabilities and equity
Accounts payable	$229	$242
Accrued income taxes	28	22
Debt due within one year	329	445
Other current liabilities	562	627
Total current liabilities	1,148	1,336

Long-term debt	4,945	5,212
Deferred tax liabilities, net	317	404
Other long-term liabilities	549	582
Total long-term liabilities	5,811	6,198

Commitments and contingencies

Shares, $0.10 par value, 1,204 authorized, 141 conditionally authorized, 1,204 issued at March 31, 2026
and December 31, 2025, and 1,107 and 1,102 outstanding at March 31, 2026 and December 31, 2025, respectively	111	110
Additional paid-in capital	15,611	15,604
Accumulated deficit	(7,389)	(7,460)
Accumulated other comprehensive loss	(141)	(146)
Total equity	8,192	8,108
Total liabilities and equity	$15,151	$15,642

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.