Below are the financial statements of Seadrill, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Operating revenues | — | — |
| Contract revenues | 1,009a | 1,154a |
| Reimbursable revenues | 70a | 58a |
| Management contract revenues | 247a | 245a |
| Leasing revenues | 54a | 33a |
| Other revenues | 5a | 12a |
| Total operating revenues | 1,385a | 1,502a |
| Operating expenses | — | — |
| Vessel and rig operating expenses | -681a | -705a |
| Reimbursable expenses | -68a | -55a |
| Depreciation and amortization | -168a | -155a |
| Management contract expenses | -175a | -174a |
| Merger and integration related expenses | -24a | -24a |
| Selling, general and administrative expenses | -107a | -74a |
| Total operating expenses | -1,223a | -1,187a |
| Other operating items | — | — |
| Gain on disposals | 234a | 14a |
| Other operating income | 16a | 0a |
| Total other operating items | 250a | 14a |
| Operating profit | 412a | 329a |
| Financial and other non-operating items | — | — |
| Interest income | 25a | 35a |
| Interest expense | -61a | -59a |
| Share in results from associated companies (net of tax) | -9a | 37a |
| Reorganization items, net | 0a | 0a |
| Other financial and non-operating items | -34a | -25a |
| Total financial and other non-operating items, net | -79a | -12a |
| Profit/(loss) before income taxes | 333a | 317a |
| Income tax benefit/(expense) | 113a | -17a |
| Net income/(loss) from continuing operations | 446a | 300a |
| Net income/(loss) after tax from discontinued operations | 0a | 0a |
| Net income | 446a | 300a |
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