| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Loss on impairment of investment in unconsolidated affiliate | - | - | - | 5 |
| Net loss | -2,940 | -1,017 | -79 | -519 |
| Depreciation and amortization | 512 | 351 | 176 | 559 |
| Share-based compensation expense | 26 | 16 | 8 | 38 |
| Loss on impairment of assets | 3,049 | 1,136 | - | 772 |
| Amortization of contract intangible asset | - | - | - | 4 |
| (gain) loss on disposal of assets, net | 8 | 9 | 2 | -10 |
| (gain) loss on retirement of debt | - | - | - | 161 |
| Amortization of debt-related balances, net | 36 | 25 | 13 | 39 |
| Gain on adjustment to bifurcated compound exchange feature | 51 | 65 | 36 | 153 |
| Loss on conversion of debt to equity | 99 | - | - | - |
| Deferred income tax benefit | -146 | -157 | 15 | -91 |
| Other, net | -13 | -31 | -4 | 6 |
| Changes in deferred revenues, net | -136 | -84 | -38 | 98 |
| Changes in deferred costs, net | -53 | -16 | 12 | 26 |
| Changes in other operating assets and liabilities, net | 107 | 89 | 23 | 328 |
| Net cash provided by operating activities | 400 | 154 | 26 | 241 |
| Capital expenditures | 95 | 84 | 60 | 225 |
| Proceeds from disposal of assets, net of costs to sell | 44 | 10 | 2 | 99 |
| Investment in loans to unconsolidated affiliates | - | - | - | 3 |
| Cash acquired in acquisition of unconsolidated affiliates | - | - | - | 5 |
| Proceeds from disposal of equity investment in unconsolidated affiliate | 4 | 4 | - | - |
| Net cash used in investing activities | -47 | -70 | -58 | -124 |
| Repayments of debt | 450 | 240 | 210 | 2,073 |
| Proceeds from issuance of shares, net of issue costs | 421 | - | - | - |
| Other, net | -15 | -13 | -8 | -6 |
| Proceeds from issuance of debt, net of issue costs | - | - | - | 1,767 |
| Net cash used in financing activities | -44 | -253 | -218 | -312 |
| Net increase (decrease) in unrestricted and restricted cash and cash equivalents | 309 | -169 | -250 | -195 |
| Cash and cash equivalents at beginning of period | 941 | - | - | - |
| Cash and cash equivalents at end of period | 1,250 | - | - | - |
Transocean Ltd. (RIG)
Transocean Ltd. (RIG)