Seadrill Ltd balance sheet
At the end of fiscal 2025, Seadrill Ltd had total assets of $3.95bn and shareholders' equity of $2.86bn. It held $339m in cash against $625m of debt.
Balance sheet
| Fiscal year | 2017Dec 2017 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1,359 | 485 | 491 | 293 | 697 | 478 | 339 | 337 |
| Receivables | — | 173 | 125 | 158 | 222 | 193 | 162 | 311 |
| Total current assets | — | 1,773 | 1,062 | 1,981 | 1,158 | 928 | 758 | 920 |
| Total assets | — | 9,279 | 3,961 | 3,897 | 4,218 | 4,156 | 3,947 | 4,106 |
| Accounts payable | — | 86 | 45 | 53 | 53 | 118 | 61 | 72 |
| Deferred revenue (current) | — | 20 | 18 | 25 | 31 | 63 | 58 | 70 |
| Total current liabilities | — | 770 | 6,545 | 1,255 | 389 | 501 | 374 | 368 |
| Short-term debt | — | 343 | 5,662 | 0 | 0 | — | — | — |
| Long-term debt | — | 6,280 | 0 | 0 | 608 | 610 | 613 | 737 |
| Total debt | 0 | 6,759 | 6,177 | 5,545 | 625 | 625 | 625 | 750 |
| Shareholders' equity | 6,959 | 1,642 | −3,140 | −3,716 | 2,983 | 2,918 | 2,858 | 2,864 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | — | 193 | 143 | 192 | 179 | 162 | 214 | 311 |
| Total current assets | — | 928 | 801 | 823 | 830 | 758 | 811 | 920 |
| Total assets | — | 4,156 | 4,063 | 4,070 | 4,067 | 3,947 | 3,992 | 4,106 |
| Accounts payable | — | 118 | 78 | 73 | 72 | 61 | 80 | 72 |
| Deferred revenue (current) | — | 63 | 58 | 68 | 67 | 58 | 70 | 70 |
| Total current liabilities | — | 501 | 399 | 441 | 439 | 374 | 417 | 368 |
| Long-term debt | — | 610 | 611 | 612 | 612 | 613 | 614 | 737 |
| Total debt | — | 610 | 611 | 612 | 612 | 613 | 614 | 737 |
| Shareholders' equity | 2,913 | 2,918 | 2,908 | 2,871 | 2,865 | 2,858 | 2,851 | 2,864 |
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