Rowan companies plc (RDC)
Balance Sheet / Quarterly
Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
ASSETS
Assets, Current [Abstract]
Cash and Cash Equivalents, at Carrying Value

1,026

1,032

1,132

1,214

1,332

1,220

1,145

1,173

1,255

1,037

761

595

484

290

198

56

339

707

1,247

1,440

1,092

1,008

1,005

1,019

1,024

328

665

342

438

892

711

189

437

892

610

522

639

681

213

222

Accounts and Other Receivables, Net, Current

251

281

238

202

212

244

310

317

301

440

550

426

410

508

497

503

545

510

422

383

344

496

470

463

423

403

330

331

283

325

254

382

269

406

352

420

343

361

368

484

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

10

-

0

0

14

15

218

-

-

0

-

-

-

Prepaid expenses and other current assets

22

31

15

15

15

24

29

24

23

28

30

19

26

37

39

24

27

40

51

33

45

55

66

45

55

64

62

38

44

48

43

46

31

86

75

50

76

84

96

59

Deferred income taxes - net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

27

27

27

41

20

22

22

18

20

26

26

42

22

28

27

0

2

36

13

41

42

39

38

43

45

50

Inventories - raw materials and supplies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

299

-

303

275

258

309

318

357

337

Inventories - work-in-progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

94

-

78

105

165

141

161

163

213

Inventories - finished goods

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

0

0

4

0

0

0

0

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

23

23

23

23

22

26

26

25

27

39

373

-

1,007

-

-

-

-

-

-

-

Total current assets

1,300

1,345

1,385

1,432

1,560

1,488

1,484

1,514

1,580

1,506

1,342

1,041

921

836

763

611

938

1,300

1,741

1,880

1,528

1,603

1,586

1,578

1,552

866

1,117

776

821

1,306

1,386

1,066

1,775

2,029

1,463

1,460

1,549

1,650

1,245

1,369

Property, Plant and Equipment [Abstract]
Drilling equipment

8,510

8,864

8,832

8,792

8,697

8,985

8,979

8,984

8,965

8,955

8,961

8,951

8,930

8,893

9,253

8,440

7,639

8,103

7,997

7,115

7,040

6,949

6,849

6,803

6,764

6,671

6,589

6,521

6,179

5,346

5,238

4,726

3,799

4,245

4,202

3,995

3,975

3,674

3,631

3,503

Manufacturing plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

245

-

249

250

248

251

250

254

249

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

737

1,023

1,287

817

1,448

1,009

942

889

786

756

738

551

480

711

1,171

1,046

1,504

1,584

1,248

502

607

528

653

541

425

Other property and equipment

141

140

137

137

136

140

139

138

135

134

137

137

137

140

139

138

137

150

147

152

147

151

148

145

140

136

133

133

138

140

137

144

145

144

147

146

144

140

138

126

Property, Plant and Equipment, Gross

8,652

9,005

8,969

8,929

8,833

9,126

9,119

9,122

9,100

9,090

9,099

9,089

9,068

9,033

9,393

9,315

8,800

9,540

8,962

8,716

8,197

8,043

7,887

7,734

7,661

7,547

7,274

7,135

7,029

6,658

6,422

6,620

5,530

5,887

5,102

4,998

4,899

4,717

4,566

4,305

Less accumulated depreciation and amortization

2,451

2,566

2,471

2,375

2,281

2,310

2,217

2,138

2,040

1,947

1,844

1,757

1,662

1,564

1,539

1,451

1,367

2,032

1,953

1,880

1,811

1,746

1,677

1,635

1,589

1,525

1,465

1,409

1,350

1,310

1,260

1,528

1,185

1,447

1,403

1,361

1,320

1,277

1,238

1,157

Property and equipment - net

6,201

6,438

6,498

6,554

6,552

6,815

6,901

6,983

7,060

7,143

7,254

7,332

7,405

7,468

7,854

7,864

7,432

7,508

7,009

6,835

6,385

6,297

6,210

6,098

6,071

6,021

5,808

5,726

5,678

5,347

5,162

5,092

4,344

4,440

3,698

3,636

3,579

3,440

3,327

3,147

Long-term note receivable from unconsolidated subsidiary

456

269

269

270

270

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated subsidiary

41

34

31

29

30

25

25

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets, Noncurrent

119

44

46

42

44

43

45

54

35

15

22

18

20

36

38

35

21

19

67

68

61

63

67

72

75

100

100

97

97

104

96

99

97

92

76

78

81

91

25

32

TOTAL ASSETS

8,117

8,131

8,230

8,328

8,458

8,373

8,456

8,553

8,675

8,665

8,619

8,392

8,347

8,341

8,656

8,511

8,392

8,828

8,818

8,784

7,975

7,964

7,864

7,749

7,699

6,988

7,027

6,601

6,597

6,758

6,645

6,257

6,217

6,562

5,238

5,174

5,210

5,182

4,599

4,548

LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities, Current [Abstract]
Current portion of long-term debt

201

201

-

-

0

0

0

0

126

357

-

21

0

-

-

-

-

-

-

-

-

-

-

-

-

0

98

226

45

45

52

52

52

536

58

58

64

64

64

64

Short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Payable, Trade, Current

122

112

89

93

97

71

87

93

94

82

109

87

109

118

110

118

102

100

117

100

123

95

77

64

83

90

74

87

111

95

69

147

81

130

109

105

124

118

119

235

Deferred revenue

16

17

6

4

1

43

74

108

103

78

23

30

33

48

41

37

36

31

37

41

54

67

55

50

52

35

35

36

36

39

20

169

7

100

116

124

139

156

189

174

Accrued liabilities

113

122

131

139

159

141

134

138

158

160

174

160

186

151

183

-

194

-

-

-

155

-

-

-

137

-

-

-

131

-

-

-

124

-

-

-

214

-

-

213

Accrued pension and other postemployment benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

-

5

22

43

-

5

17

23

-

14

23

33

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation and related employee costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

-

74

59

52

-

49

38

30

-

41

35

30

-

26

40

68

-

54

59

67

-

60

69

-

Billings in excess of costs and estimated profits on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

-

8

21

25

25

40

47

57

Accrued income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

-

3

0

17

-

4

5

14

-

7

6

12

-

223

141

12

-

7

11

38

-

1

4

-

Accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

-

35

46

35

-

26

27

26

-

17

27

10

-

11

25

11

-

22

19

9

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

-

10

10

9

-

10

11

12

-

21

16

13

-

6

6

42

-

47

42

38

-

49

45

-

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

20

20

21

21

21

21

21

21

25

34

41

-

378

-

-

-

-

-

-

-

Total current liabilities

453

453

227

237

257

256

297

339

483

677

308

299

328

318

384

318

333

262

294

299

354

279

254

241

294

249

340

472

348

482

397

523

644

908

438

467

568

492

540

744

Long-term Debt, Excluding Current Maturities

2,309

2,309

2,510

2,510

2,510

2,510

2,516

2,552

2,553

2,288

2,645

2,655

2,692

2,806

2,806

2,807

2,788

2,807

2,807

2,807

2,008

2,008

2,009

2,009

2,009

1,393

1,392

896

1,089

1,102

1,107

1,121

1,133

1,147

761

775

787

801

323

355

Other liabilities

307

268

251

286

293

292

309

320

338

356

348

352

357

380

372

373

368

238

292

288

289

419

401

391

390

380

376

373

357

291

273

264

251

416

289

282

278

427

374

362

Deferred income taxes - net

11

11

11

10

10

19

22

8

185

184

190

185

195

-190

-204

-206

210

-410

-431

-430

-429

-488

-495

-499

-473

487

477

477

-476

483

587

551

-435

406

476

471

465

490

463

426

Commitments and contingent liabilities

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

SHAREHOLDERS' EQUITY:
Preferred stock, $1.00 par value, 5,000,000 shares authorized, issuable in series: Series A Junior Preferred Stock, 1,500,000 shares authorized, none issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

-

0

-

0

-

Class A Ordinary Shares, $0.125 par value; 128.2 and 128.1 shares issued, respectively; 127.1 and 126.3 shares outstanding, respectively

16

16

16

16

16

16

16

16

16

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

0

0

15

15

15

15

15

15

15

14

14

14

14

14

14

Additional paid-in capital

1,501

1,497

1,493

1,488

1,488

1,484

1,480

1,473

1,471

1,467

1,463

1,456

1,458

1,453

1,447

1,440

1,436

1,430

1,422

1,412

1,407

1,398

1,389

1,378

1,372

1,367

1,359

1,463

1,478

1,470

1,465

1,447

1,433

1,429

1,087

1,081

1,078

1,069

1,072

1,063

Retained earnings

3,810

3,824

3,968

4,048

4,109

3,997

4,018

4,047

3,830

3,854

3,849

3,632

3,509

3,398

3,650

3,578

3,466

3,806

3,699

3,679

3,619

3,569

3,517

3,435

3,366

3,312

3,285

3,235

3,186

3,141

2,947

2,481

2,449

2,392

2,325

2,234

2,169

2,108

2,030

1,802

Treasury shares, cost of 1.1 and 1.8, respectively

7

7

7

7

9

9

9

9

7

7

7

8

12

12

11

11

7

7

7

10

5

5

5

5

1

1

1

111

128

84

4

1

1

3

3

1

1

2

3

2

Accumulated other comprehensive loss

-285

-241

-241

-261

-218

-194

-195

-196

-197

-174

-194

-196

-199

-209

-213

-216

-220

-135

-137

-140

-142

-210

-213

-217

-221

-215

-218

-222

-225

-145

-145

-145

-145

-150

-150

-150

-150

-217

-217

-217

Stockholders' Equity Attributable to Parent

5,035

5,088

5,229

5,283

5,386

5,294

5,310

5,331

5,113

5,157

5,126

4,900

4,772

4,644

4,888

4,806

4,691

5,109

4,992

4,956

4,893

4,767

4,703

4,606

4,531

4,478

4,440

4,381

4,325

4,398

4,278

3,797

3,752

3,683

3,272

3,178

3,110

2,972

2,897

2,659

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

8,117

8,131

8,230

8,328

8,458

8,373

8,456

8,553

8,675

8,665

8,619

8,392

8,347

8,341

8,656

8,511

8,392

8,828

8,818

8,784

7,975

7,964

7,864

7,749

7,699

6,988

7,027

6,601

6,597

6,758

6,645

6,257

6,217

6,562

5,238

5,174

5,210

5,182

4,599

4,548