Valaris plc (ESV)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-192

-636

-304

897

-1,585

-3,888

1,427

1,176

605

585

784

1,156

998

Adjustments to reconcile net loss to net cash used in operating activities:
(Gain) loss on disposal of discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-23

-

Bad debt provision

-

-

-

-

-

-5

11

-

-

-

-

16

1

Asset Impairment Charges

104

40

182

0

2,746

4,218

0

0

-

-

17

-

-

Bargain purchase gain

637

1

140

0

0

-

-

-

-

-

-

-

-

Depreciation expense

609

478

444

445

572

537

496

443

357

210

189

172

165

Deferred Income Tax Expense (Benefit)

23

56

55

28

-158

-123

10

27

-13

16

20

4

3

Settlement of warranty or other claims

-

-

-

-

-

-

-

57

0

0

-

-

-

Share-based compensation expense

37

29

34

39

40

45

50

53

47

44

35

27

36

Income (Loss) from Equity Method Investments

-12

0

0

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

194

-19

-2

287

-33

0

0

-

-

-

-

-

-

Loss from discontinued operations, net

-

-

-

8

-128

-1,199

-2

100

-21

29

29

126

135

Other

-16

-4

26

38

27

11

7

-6

0

-6

-7

2

-5

Changes in operating assets and liabilities

27

6

-72

-140

-113

-93

151

-439

243

-

-

-

-

Amortization, net

-16

-40

-61

-139

-165

-7

-28

-33

-18

31

31

30

8

Contributions to pension plans and other post-retirement benefits

13

0

0

-

-

-

-

-

-

-

-

-

-

Contributions to pension plans and other post-retirement benefits

13

0

0

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in other assets

-

-

-

-

-

-

-

-

-

10

67

40

-133

Decrease (increase) in accounts receivable

-

-

-

-

-

-

-

-

-

-108

-167

110

-45

Decrease in trading securities

-

-

-

-

-

-

-

-

-

-

-

72

-

Increase (decrease) in liabilities

-

-

-

-

-

-

-

-

-

-157

29

-67

200

Net cash provided by operating activities of continuing operations

-276

-55

259

1,077

1,697

2,057

1,811

1,954

757

807

1,185

1,014

1,094

INVESTING ACTIVITIES
Additions to property and equipment

227

426

536

322

1,619

1,566

1,763

1,713

645

875

857

764

517

Proceeds from Sale of Property, Plant, and Equipment

17

11

2

9

1

169

6

3

-

-

2

4

7

Acquisition of Rowan, net of cash acquired

931

0

0

-

-

-

-

-

-

-

-

-

-

Maturities of short-term investments

474

1,030

2,042

2,212

1,357

83

50

44

0

-

-

-

-

Maturities of short-term investments

145

919

1,040

2,474

1,780

790

50

90

4

-

-

-

-

Acquisition of Atwood, net of cash acquired

0

0

871

0

0

-

-

-

2,656

0

-

-

-

Other

-

-

-

-

-

-

-

-

-5

-1

0

-

-

Net Cash Provided by (Used in) Investing Activities

-

-

-

-

-

-

-

-

-

-873

-840

-714

-510

Net cash used in investing activities of continuing operations

1,051

-304

-403

-575

-2,040

-2,104

-1,757

-1,755

-3,300

-

-

-

-

FINANCING ACTIVITIES
Borrowings on credit facility

215

0

0

-

-

-

-

-

-

-

-

-

-

Repayments of credit facility borrowings

215

0

0

-

-

-

-

-

-

-

-

-

-

Reduction of long-term borrowings

928

771

537

863

1,072

60

47

47

213

17

17

19

165

Debt solicitation fees

9

0

0

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

4

17

13

11

141

703

525

348

292

153

14

14

14

Commercial paper borrowings, net

-

-

-

-

-

-

-

-125

125

0

-

-

-

Equity financing costs

-

-

-

-

-

-

-

-66

70

0

-

-

-

Proceeds from issuance of senior notes

0

1,000

0

849

1,078

1,246

0

0

2,462

0

-

-

-

Debt issuance costs

0

17

12

23

10

13

4

0

31

6

-

-

-

Proceeds from equity issuance

-

-

-

585

0

0

-

-

-

-

-

-

-

Premium paid on redemption of debt

-

-

-

-

30

0

0

-

-

-

-

-

-

Payments for Repurchase of Common Stock

-

-

-

-

-

-

-

-

-

-

-

259

527

Proceeds from exercise of share options

-

-

-

-

-

-

22

35

39

1

9

27

35

Other

-10

-5

-7

-7

-16

-27

-21

-17

-15

-16

-12

1

0

Net cash provided by (used in) financing activities

-952

188

-570

529

-191

442

-577

-435

2,004

-192

-34

-264

-671

DISCONTINUED OPERATIONS
Operating activities

-

-

-

-

-

-3

169

232

-25

11

40

139

151

Investing activities

-

-

-

-

-

107

32

58

-54

158

14

45

-

Net cash provided by (used in) discontinued operations

0

2

-0

8

-8

103

202

290

-79

169

-

-

-

Effect of Exchange Rate on Cash and Cash Equivalents [Abstract]
Effect of exchange rate changes on cash and cash equivalents

-0

-0

0

-1

-0

0

-0

2

-0

-0

0

-15

-0

INCREASE IN CASH AND CASH EQUIVALENTS

-177

-170

-714

1,038

-543

499

-321

56

-620

-90

351

160

63