Valaris plc ESV Income Statement

Valaris plc (ESV)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
2,103	2,053	1,940	1,819	1,694	1,705	1,760	1,789	1,788	1,843	1,893	1,981	2,433	2,776	3,100	3,564	3,713	4,063	4,394	4,584	4,661	4,564	4,395	4,356	4,349	4,323	3,756	3,717	3,658	3,638	3,973	3,765	3,258	2,599	2,227	1,739	1,587	1,674	1,786	1,766	1,852	1,888	2,010	2,211	0	0	0
OPERATING EXPENSES
Contract Drilling
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
-	1,806	1,652	1,482	-	1,319	1,330	1,289	1,236	1,189	1,144	1,156	1,215	1,301	1,427	1,562	1,715	1,869	1,968	2,035	2,075	2,076	1,968	2,002	1,987	1,947	1,680	1,653	1,620	1,642	1,834	1,804	1,596	1,286	1,114	831	751	741	758	739	729	709	718	746	0	0	0
Asset Impairment Charges
2,912	104	131	42	40	0	0	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation expense
649	609	568	525	488	478	476	463	450	444	435	436	441	445	484	520	548	572	562	552	543	537	502	499	499	496	421	431	435	443	493	486	434	357	330	249	218	210	210	204	197	189	184	182	0	0	0
General and administrative
212	188	170	159	104	102	150	155	159	157	111	106	103	100	106	109	111	118	116	117	123	131	138	146	147	146	146	149	148	148	154	154	166	158	141	121	95	86	85	78	72	64	56	57	0	0	0
Total operating expenses
5,723	2,708	2,522	2,211	1,960	1,941	2,139	2,091	2,030	1,975	1,691	1,699	1,760	1,847	4,762	4,939	5,121	5,306	6,164	6,219	6,961	6,965	3,313	3,352	2,634	2,590	2,248	2,234	2,204	2,235	2,481	2,446	2,197	1,802	1,585	1,202	1,064	1,038	1,054	1,022	1,000	962	960	985	0	0	0
Equity in earnings of ARO
-18	-12	-3	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING LOSS
-3,638	-668	-585	-390	-265	-235	-379	-301	-241	-132	202	281	673	929	-1,662	-1,374	-1,408	-1,243	-1,769	-1,635	-2,299	-2,400	1,082	1,003	1,715	1,733	1,507	1,483	1,453	1,403	1,491	1,319	1,060	796	641	537	522	635	731	744	852	926	1,050	1,225	0	0	0
OTHER INCOME (EXPENSE)
Interest income
29	28	26	23	15	14	14	17	21	25	27	23	18	13	11	8	9	9	9	11	11	13	14	15	16	16	17	19	20	22	25	26	22	17	9	0	0	-	0	-	-	-	-	-	-	-	-
Interest expense, net
460	428	382	340	298	282	270	246	231	224	223	228	222	228	229	231	229	216	211	194	179	161	144	146	154	158	151	142	128	123	136	136	126	95	0	0	0	-	-	-	-	-	-	-	-	-	-
Other, net
1,002	1,004	848	692	-24	-34	110	120	132	134	-1	16	278	283	285	268	-0	-21	-28	-33	-24	0	2	40	37	42	41	6	6	2	6	17	16	20	18	0	0	-	0	-	-	-	-	-	-	-	-
Other income (expense), net
571	604	492	374	-307	-303	-145	-108	-77	-64	-197	-188	75	68	67	45	-219	-227	-230	-216	-191	-147	-127	-90	-99	-100	-92	-116	-101	-98	-105	-93	-86	-57	-29	-13	17	18	21	22	16	8	-0	2	0	0	0
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
-3,067	-63	-92	-16	-573	-538	-525	-410	-318	-196	4	93	748	997	-1,595	-1,329	-1,628	-1,471	-1,999	-1,851	-2,491	-2,548	954	912	1,616	1,633	1,414	1,366	1,352	1,304	1,385	1,225	974	739	611	524	539	654	752	766	868	935	1,050	1,228	0	0	0
PROVISION FOR INCOME TAXES
PROVISION FOR INCOME TAXES
Current income tax expense
6	104	80	52	51	33	43	64	57	54	31	10	46	79	111	124	119	144	132	268	271	264	256	186	192	193	268	240	224	200	139	139	130	124	101	82	83	80	136	128	137	159	159	205	0	0	0
Deferred income tax expense (benefit)
-61	23	7	58	51	56	65	44	46	55	39	33	15	28	-189	-165	-139	-158	9	-84	-102	-123	-51	9	9	10	-2	7	18	27	15	10	0	-13	-4	-0	-4	16	-2	8	25	20	38	28	0	0	0
Total provision for income taxes
-55	128	88	110	102	89	108	108	103	109	70	43	61	108	-78	-41	-20	-13	142	184	168	140	205	195	201	203	266	247	242	228	154	149	131	111	97	82	79	97	134	137	162	180	198	233	0	0	0
LOSS FROM CONTINUING OPERATIONS
-	-	-	-126	-	-628	-633	-519	-421	-305	-66	49	687	889	-1,516	-1,287	-1,607	-1,457	-2,142	-2,035	-2,659	-2,689	749	717	1,414	1,430	1,148	1,119	1,109	1,076	0	0	0	-	-	-	-	556	618	629	706	755	851	994	0	0	0
DISCONTINUED OPERATIONS
Income (loss) from discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	0	0	-	29	33	0	0	0
(Loss) gain on disposal of discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	0	-	0	-	-	0	0
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET
-	-	-	0	-	-8	-6	-6	1	1	9	9	8	8	-96	-119	-129	-128	-421	-389	-1,197	-1,199	-825	-844	-9	-2	136	130	119	100	0	0	0	-	-	-	-	-	0	-	47	29	6	10	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-3,011	-192	-181	-126	-684	-636	-640	-525	-420	-304	-56	58	695	897	-1,613	-1,407	-1,737	-1,585	-2,564	-2,425	-3,857	-3,888	-76	-127	1,404	1,427	1,285	1,249	1,229	1,176	1,185	1,046	807	605	509	435	459	585	661	680	754	784	858	1,005	0	0	0
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS
2	5	4	6	5	3	2	-2	-2	-0	1	5	6	6	6	6	7	8	10	12	13	14	13	12	11	9	8	8	7	7	6	6	6	5	5	5	5	6	6	6	5	5	5	5	0	0	0
NET LOSS ATTRIBUTABLE TO VALARIS
-3,013	-198	-185	-133	-690	-639	-643	-523	-418	-303	-57	53	689	890	-1,620	-1,413	-1,744	-1,594	-2,574	-2,437	-3,870	-3,902	-89	-140	1,393	1,418	1,276	1,241	1,221	1,169	1,179	1,040	801	600	503	429	454	579	655	674	748	779	853	1,000	0	0	0
EARNINGS (LOSS) PER SHARE - BASIC AND DILUTED
Continuing operations (in dollars per share)
-15.19	-1.09	-0.24	2.09	-1.75	-0.47	-1.34	-1.31	-1.29	-3.34	-0.08	-0.15	-0.09	0.04	0.28	2.04	0.74	-10.20	1.34	1.15	1.38	-13.22	1.79	-1.53	1.26	1.61	1.66	1.48	1.34	0.41	1.55	1.45	1.21	-	-	-	-	0.97	0.92	0.85	1.12	-	-	-	1.48	2.07	1.99
Discontinued operations (in dollars per share)
-	0.00	-	0.00	-	0.00	0.00	-0.08	0.00	0.00	0.00	0.00	0.00	0.03	0.00	0.00	0.00	-0.41	-0.10	-0.04	0.00	-1.67	0.04	-3.54	-0.01	-0.06	-0.04	0.07	0.02	0.54	-0.07	0.02	-0.06	-	-	-	-	-0.04	-0.01	0.04	0.21	-	-	-	0.08	-0.09	0.07
Total earnings per share - basic
-	-1.09	-1.00	2.09	-	-0.47	-1.34	-1.39	-1.29	-3.34	-0.08	-0.15	-0.09	0.07	0.28	2.04	0.74	-10.61	1.24	1.11	1.38	-14.89	1.83	-5.07	1.25	-	1.62	1.55	1.36	-	1.48	1.47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS ATTRIBUTABLE TO ENSCO SHARES - BASIC AND DILUTED
-	-	-	-	-	-	-	-	-	-	-	48	675	-	-1,624	-1,420	-1,745	-	-2,584	-2,447	-3,879	-	-103	-153	1,378	-	1,262	1,227	1,208	-	1,167	1,029	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total earnings per share - basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.15	1.16	0.89	0.59	0.45	0.93	0.91	0.89	1.33	-	-	-	1.56	1.98	2.06
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.20	-	-	-	-	0.97	0.92	0.85	1.12	-	-	-	1.48	2.06	1.98
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.05	-	-	-	-	-0.04	-0.01	0.04	0.21	-	-	-	0.08	-0.09	0.07
Total earnings per share - diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.15	1.16	0.88	0.59	0.45	0.93	0.91	0.89	1.33	-	-	-	1.56	1.97	2.05
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	646	666	739	769	842	988	0	0	0
NET INCOME ATTRIBUTABLE TO ENSCO SHARES - BASIC AND DILUTED
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	792	593	497	424	448	572	646	666	739	769	842	988	0	0	0
WEIGHTED-AVERAGE SHARES OUTSTANDING
Basic and Diluted (in shares)
197	198	197	188	108	108	108	108	108	-570	301	300	300	300	298	284	232	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	232	232	231	-	231	231	231	231	231	230	230	230	229	229	228	229	228	169	141	141	141	140	140	140	140	140	140	141	142
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	232	232	231	-	232	231	231	231	231	231	230	230	229	229	229	230	228	170	141	141	141	140	140	140	140	140	140	141	143
CASH DIVIDENDS PER SHARE (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.01	0.01	0.01	-	0.01	0.01	0.01	0.15	0.15	0.15	0.15	0.75	0.75	0.75	0.75	0.75	0.50	0.50	0.50	0.37	0.37	0.37	0.37	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.02	-	-	-	0.02	0.02	0.02