| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,207 | 1,080 | 1,157 | 985 |
| Receivables, net | 1,871 | 1,902 | 1,790 | 1,896 |
| Inventories, net | 1,886 | 1,929 | 1,942 | 2,123 |
| Contract assets | 576 | 655 | 680 | 684 |
| Prepaid and other current assets | 222 | 215 | 215 | 230 |
| Total current assets | 5,762 | 5,781 | 5,784 | 5,918 |
| Property, plant and equipment, net | 2,025 | 1,990 | 1,953 | 1,908 |
| Lease right-of-use assets, operating | 340 | 346 | 345 | 375 |
| Lease right-of-use assets, financing | 192 | 195 | 195 | 175 |
| Deferred income taxes | 389 | 415 | 388 | 407 |
| Goodwill | 1,623 | 1,623 | 1,621 | 1,612 |
| Intangibles, net | 466 | 496 | 506 | 493 |
| Investment in unconsolidated affiliates | 173 | 178 | 157 | 170 |
| Other assets | 368 | 339 | 324 | 364 |
| Total assets | 11,338 | 11,363 | 11,273 | 11,422 |
| Accounts payable | 798 | 823 | 796 | 835 |
| Accrued liabilities | 760 | 742 | 685 | 819 |
| Contract liabilities | 564 | 513 | 520 | 495 |
| Current portion of lease liabilities | 101 | 103 | 102 | 101 |
| Current portion of long-term debt | 34 | 38 | 38 | 28 |
| Accrued income taxes | 7 | 20 | 41 | 22 |
| Total current liabilities | 2,264 | 2,239 | 2,182 | 2,300 |
| Long-term debt | 1,692 | 1,690 | 1,699 | 1,721 |
| Lease liabilities | 528 | 540 | 534 | 551 |
| Deferred income taxes | 74 | 71 | 64 | 44 |
| Other liabilities | 268 | 265 | 300 | 290 |
| Total liabilities | 4,826 | 4,805 | 4,779 | 4,906 |
| Common stock - par value .01 1 billion shares authorized 366,505,774 and 381,549,541 shares issued and outstanding at septemeber 30, 2025 and december 31, 2024 | 4 | 4 | 4 | 4 |
| Additional paid-in capital | 8,429 | 8,493 | 8,546 | 8,721 |
| Accumulated other comprehensive loss | -1,410 | -1,411 | -1,527 | -1,502 |
| Retained deficit | -568 | -582 | -583 | -759 |
| Total company stockholders' equity | 6,455 | 6,504 | 6,440 | 6,464 |
| Noncontrolling interests | 57 | 54 | 54 | 52 |
| Total stockholders equity | 6,512 | 6,558 | 6,494 | 6,516 |
| Total liabilities and stockholders equity | 11,338 | 11,363 | 11,273 | 11,422 |
NOV Inc. (NOV)
NOV Inc. (NOV)