Transocean Ltd.
For the period ended Jun 30, 2026. Filed Aug 7, 2026.
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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.
Jun 30, 2026 · Filed Aug 7, 2026
RIG$5.18+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · · Six months ended · | |||||||
| · · June 30, · | |||||||
| · · 2026 · · 2025 · | |||||||
| Cash flows from operating activities | | | | | | | |
| Net income (loss) | $241 | | $(1,017) | | |||
| Adjustments to reconcile to net cash provided by operating activities: | | | | | | | |
| Depreciation and amortization | | | 291 | | | 351 | |
| Share-based compensation expense | | | 15 | | | 16 | |
| Loss on impairment of assets | | | — | | | 1,136 | |
| Gain on disposal of assets, net | | | (2) | | | (9) | |
| Amortization of debt-related balances, net | | | 20 | | | 25 | |
| (Gain) loss on adjustment to bifurcated compound exchange feature | | | 19 | | | (65) | |
| Loss on retirement of debt | | | 11 | | | — | |
| Deferred income tax benefit | | | (73) | | | (157) | |
| Other, net | | | (1) | | | 31 | |
| Changes in contract liabilities, net | | | (83) | | | (84) | |
| Changes in deferred costs, net | | | 46 | | | 16 | |
| Changes in other operating assets and liabilities, net | | | (84) | | | (89) | |
| Net cash provided by operating activities | | | 400 | | | 154 | |
| | | | | | | | |
| Cash flows from investing activities | | | | | | | |
| Capital expenditures | | | (52) | | | (84) | |
| Investment in equity of unconsolidated affiliates | | | (2) | | | — | |
| Proceeds from disposal of assets, net of costs to sell | | | 26 | | | 10 | |
| Proceeds from disposal of investment in note receivable from unconsolidated affiliate | | | 13 | | | — | |
| Proceeds from disposal of investment in equity of unconsolidated affiliate | | | — | | | 4 | |
| Net cash used in investing activities | | | (15) | | | (70) | |
| | | | | | | | |
| Cash flows from financing activities | | | | | | | |
| Repayments of debt | | | (586) | | | (240) | |
| Other, net | | | (1) | | | (13) | |
| Net cash used in financing activities | | | (587) | | | (253) | |
| | | | | | | | |
| Net decrease in unrestricted and restricted cash and cash equivalents | | | (202) | | | (169) | |
| Unrestricted and restricted cash and cash equivalents, beginning of period | | | 997 | | | 941 | |
| Unrestricted and restricted cash and cash equivalents, end of period | $795 | | $772 | | |||
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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.