Seadrill Limited (OSL: SDRL)

Seadrill Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	835	697	480	293	485	1,115
Short-Term Investments	-	-	-	-	-	11
Cash & Short-Term Investments	835	697	480	293	485	1,126
Cash Growth	102.67%	45.21%	63.82%	-39.59%	-56.93%	-29.58%
Accounts Receivable	216	231	164	186	195	354
Other Receivables	-	67	42	-	-	-
Receivables	216	298	206	186	195	354
Prepaid Expenses	-	54	37	-	-	-
Restricted Cash	27	31	44	160	103	135
Other Current Assets	210	78	90	1,342	296	158
Total Current Assets	1,288	1,158	857	1,981	1,079	1,773
Property, Plant & Equipment	2,800	2,868	1,678	1,442	1,774	6,424
Long-Term Investments	66	90	84	27	24	392
Other Intangible Assets	-	-	12	-	-	-
Long-Term Accounts Receivable	-	-	-	-	6	523
Long-Term Deferred Tax Assets	55	46	15	10	9	4
Long-Term Deferred Charges	-	44	77	-	-	-
Other Long-Term Assets	88	12	78	437	1,086	163
Total Assets	4,297	4,218	2,801	3,897	3,978	9,279
Accounts Payable	80	53	76	53	48	105
Accrued Expenses	-	138	128	-	-	-
Current Portion of Long-Term Debt	-	-	22	-	5,545	343
Current Portion of Leases	-	2	3	30	51	12
Current Income Taxes Payable	-	33	29	-	-	-
Current Unearned Revenue	47	31	19	25	18	20
Other Current Liabilities	277	132	127	1,265	900	290
Total Current Liabilities	404	389	404	1,373	6,562	770
Long-Term Debt	609	608	496	-	426	6,519
Long-Term Leases	-	2	6	5	17	24
Long-Term Unearned Revenue	24	33	42	10	13	9
Long-Term Deferred Tax Liabilities	9	9	9	9	10	12
Other Long-Term Liabilities	192	194	142	6,216	90	95
Total Liabilities	1,238	1,235	1,099	7,613	7,118	7,429
Common Stock	1	1	-	10	10	10
Additional Paid-In Capital	2,243	2,480	1,499	3,504	3,504	3,496
Retained Earnings	814	501	201	-7,215	-6,628	-1,851
Comprensive Income & Other	1	1	2	-15	-26	-13
Total Common Equity	3,059	2,983	1,702	-3,716	-3,140	1,642
Minority Interest	-	-	-	-	-	208
Shareholders' Equity	3,059	2,983	1,702	-3,716	-3,140	1,850
Total Liabilities & Equity	4,297	4,218	2,801	3,897	3,978	9,279
Total Debt	609	612	527	35	6,039	6,898
Net Cash (Debt)	226	85	-47	258	-5,554	-5,772
Net Cash Per Share	2.94	1.15	-0.79	2.58	-55.54	-57.72
Filing Date Shares Outstanding	68.63	73.8	50	50	100.38	100.23
Total Common Shares Outstanding	68.63	73.71	50	100.38	100.38	100.23
Working Capital	884	769	453	608	-5,483	1,003
Book Value Per Share	44.57	40.47	34.04	-37.02	-31.28	16.38
Tangible Book Value	3,059	2,983	1,690	-3,716	-3,140	1,642
Tangible Book Value Per Share	44.57	40.47	33.80	-37.02	-31.28	16.38
Machinery	-	3,150	1,774	2,280	2,712	7,086
Order Backlog	-	3,020	2,315	2,567	2,422	2,544

Source: S&P Capital IQ. Standard template. Financial Sources.