Noble Corporation (NE) financial statements (2021 and earlier)

Company profile

Business Address 13135 DAIRY ASHFORD
SUGAR LAND, TX 77478
State of Incorp.
Fiscal Year End December 31
SIC 1381 - Drilling Oil and Gas Wells (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments34310537566372651269
Cash and cash equivalents34310537566372651269
Receivables31199201205319499569
Deferred costs     202179
Disposal group, including discontinued operation      556
Other undisclosed current assets2281198317114827(444)
Total current assets:6024226591,0391,1931,241929
Noncurrent Assets
Property, plant and equipment3,5777,7348,4819,48910,06211,48412,113
Disposal group, including discontinued operation, noncurrent assets      5,694
Other noncurrent assets85128125266186168246
Other undisclosed noncurrent assets      (5,694)
Total noncurrent assets:3,6627,8628,6069,75610,24811,65112,358
TOTAL ASSETS:4,2648,2849,26510,79511,44012,89213,287
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities169283305272264466462
Accounts payable9510812684108223265
Employee-related liabilities375650554881103
Taxes payable37312934478894
Interest and dividends payable 88100986173 
Debt 63 250300300 
Liability for uncertainty in income taxes      116
Disposal group, including discontinued operation      301
Self insurance reserve      21
Other liabilities5017160726998207
Other undisclosed current liabilities      (438)
Total current liabilities:218517365593633864669
Noncurrent Liabilities
Long-term debt and lease obligation53,7793,8773,7964,0404,1894,869
Long-term debt, excluding current maturities 3,7793,8773,7964,0404,1894,869
Operating lease, liability5 
Liabilities, other than long-term debt142329324455299417635
Deferred revenue25 
Contract with customer, liability48
Deferred tax liabilities, net 165293121
Deferred income tax liabilities968
Disposal group, including discontinued operation, liabilities      172
Other liabilities108261276290297324342
Other undisclosed noncurrent liabilities4,210 44   (172)
Total noncurrent liabilities:4,3574,1094,2454,2514,3394,6065,331
Total liabilities:4,5754,6264,6104,8444,9735,4706,000
Stockholders' equity
Stockholders' equity attributable to parent(311)3,6594,2535,2765,7596,6996,565
Common stock3222222
Additional paid in capital815807699679654628696
Accumulated other comprehensive loss(58)(58)(57)(43)(52)(63)(69)
Retained earnings (accumulated deficit)(1,071)2,9083,6084,6385,1546,1325,936
Stockholders' equity attributable to noncontrolling interest  401674709723722
Total stockholders' equity:(311)3,6594,6555,9516,4677,4227,287
TOTAL LIABILITIES AND EQUITY:4,2648,2849,26510,79511,44012,89213,287

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9641,3051,0831,2372,3023,3523,233
Revenue, net1,2372,3023,3523,233
Cost of revenue(1,013)(1,188)(1,154)(1,207)(1,536)(1,937)(2,194)
Cost of goods and services sold(374)(440)(487)(566)(657)(705)(694)
Gross profit:(49)118(71)307661,4151,038
Operating expenses(4,028)(784)(875)(193)(1,528)(495)(852)
Operating income (loss):(4,077)(666)(946)(163)(762)920186
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
9685036(1)
Interest and debt expense(147)(249)(299)(292)(205)(214)(155)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(24)0 (0)   
Income (loss) from continuing operations before equity method investments, income taxes:(4,239)(909)(1,237)(450)(967)74229
Other undisclosed income (loss) from continuing operations before income taxes (0) 0   
Income (loss) from continuing operations before income taxes:(4,239)(909)(1,237)(450)(967)74229
Income tax expense (benefit)26039107(43)109(159)(107)
Income (loss) from continuing operations:(3,978)(871)(1,131)(492)(858)583(77)
Income (loss) from discontinued operations (4) (1)  161
Net income (loss):(3,978)(874)(1,131)(494)(858)58383
Net income (loss) attributable to noncontrolling interest 174245(23)(72)(72)(75)
Net income (loss) attributable to parent:(3,978)(701)(885)(517)(930)5118
Other undisclosed net income (loss) available to common stockholders, basic   1 (11) 
Net income (loss) available to common stockholders, diluted:(3,978)(701)(885)(515)(930)5008

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(3,978)(874)(1,131)(494)(858)58383
Other comprehensive income (loss)0(1)(9)9116(22)
Comprehensive income (loss):(3,978)(876)(1,139)(485)(847)58962
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 174245(23)(72)(72)(75)
Comprehensive income (loss), net of tax, attributable to parent:(3,978)(702)(894)(507)(919)517(13)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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