Transocean Ltd.

For the period ended Sep 30, 2026. Filed Nov 3, 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.

Sep 30, 2026 · Filed Nov 3, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Condensed Consolidated Balance Sheets

(in millions, except par value)


· · September 30, · · December 31, ·
· · 2026 · · 2025
Assets
Cash and cash equivalents	$499	$620
Accounts receivable, net of allowance of $2 at September 30, 2026 and December 31, 2025	645	540
Materials and supplies, net of allowance of $149 and $140 at September 30, 2026 and December 31, 2025, respectively	371	378
Assets held for sale	—	24
Restricted cash and cash equivalents	285	377
Other current assets	189	142
Total current assets	1,989	2,081

Property and equipment	17,515	17,451
Less accumulated depreciation	(5,277)	(4,874)
Property and equipment, net	12,238	12,577

Deferred tax assets, net	62	61
Other assets	779	923
Total assets	$15,068	$15,642

Liabilities and equity
Accounts payable	$269	$242
Accrued income taxes	6	22
Debt due within one year	460	445
Other current liabilities	568	627
Total current liabilities	1,303	1,336

Long-term debt	4,558	5,212
Deferred tax liabilities, net	254	404
Other long-term liabilities	499	582
Total long-term liabilities	5,311	6,198

Commitments and contingencies

Shares, $0.10 par value,
1,445 authorized, 141 conditionally authorized, 1,304 issued and 1,117 outstanding at September 30, 2026 and
1,204 authorized, 141 conditionally authorized, 1,204 issued and 1,102 outstanding at December 31, 2025	112	110
Additional paid-in capital	15,623	15,604
Accumulated deficit	(7,193)	(7,460)
Accumulated other comprehensive loss	(88)	(146)
Total equity	8,454	8,108
Total liabilities and equity	$15,068	$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.