Seadrill Ltd

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 27, 2025

SDRL$42.55+0.8%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets

(In $ millions, except share data)

	December 31, 2024	December 31, 2023
ASSETS
Current assets
Cash and cash equivalents	478	697
Restricted cash	27	31
Accounts receivable, net	193	222
Amount due from related parties, net	—	9
Other current assets	230	199
Total current assets	928	1,158
Non-current assets
Investments in associated companies	68	90
Drilling units	2,946	2,858
Deferred tax assets	63	46
Equipment	5	10
Other non-current assets	146	56
Total non-current assets	3,228	3,060
Total assets	4,156	4,218
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Trade accounts payable	118	53
Other current liabilities	383	336
Total current liabilities	501	389
Non-current liabilities
Long-term debt	610	608
Deferred tax liabilities	11	9
Other non-current liabilities	116	229
Total non-current liabilities	737	846
Commitments and contingencies (Note 27)
SHAREHOLDERS' EQUITY
Common shares of par value US$0.01 per share: 375,000,000 shares authorized at December 31, 2024 (December 31, 2023: 375,000,000) and 62,154,422 issued at December 31, 2024 (December 31, 2023: 74,048,962)	1	1
Additional paid-in capital	1,969	2,480
Accumulated other comprehensive income	1	1
Retained earnings	947	501
Total shareholders' equity	2,918	2,983
Total liabilities and shareholders' equity	4,156	4,218

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.