Seadrill Ltd

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

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.

FY2025 · Filed Feb 26, 2026

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, 2025	December 31, 2024
ASSETS
Current assets
Cash and cash equivalents	339	478
Restricted cash	26	27
Accounts receivable, net	162	193
Other current assets	231	230
Total current assets	758	928
Non-current assets
Equity method investment	58	68
Drilling units	2,969	2,946
Deferred tax assets	44	63
Equipment	8	5
Other non-current assets	110	146
Total non-current assets	3,189	3,228
Total assets	3,947	4,156
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Trade accounts payable	61	118
Other current liabilities	313	383
Total current liabilities	374	501
Non-current liabilities
Long-term debt	613	610
Deferred tax liabilities	14	11
Other non-current liabilities	88	116
Total non-current liabilities	715	737
Commitments and contingencies (Note 24)
SHAREHOLDERS' EQUITY
Common shares of par value $0.01 per share: 375,000,000 shares authorized at December 31, 2025 (December 31, 2024: 375,000,000) and 62,374,171 issued at December 31, 2025 (December 31, 2024: 62,154,422)	1	1
Additional paid-in capital	1,986	1,969
Accumulated other comprehensive income	1	1
Retained earnings	870	947
Total shareholders' equity	2,858	2,918
Total liabilities and shareholders' equity	3,947	4,156

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.