Long-Lived Assets	3 Months Ended
Mar. 31, 2026
Long-Lived Assets.
Long-Lived Assets	Note 5—Long-Lived Assets Assets held for sale—At March 31, 2026, the aggregate carrying amount of our assets held for sale, including the harsh environment semisubmersible Henry Goodrich, together with related assets, was $1 million. At December 31, 2025, the aggregate carrying amount of our assets held for sale, including the ultra-deepwater drillships Deepwater Champion, Discoverer India and the harsh environment semisubmersible Henry Goodrich, together with related assets, was $24 million. Disposals—In the three months ended March 31, 2026, we completed the sale of Deepwater Champion and Discoverer India, together with related assets, for aggregate net cash proceeds of $27 million, including $3 million received as a deposit in the year ended December 31, 2025. In the three months ended March 31, 2026, we recognized an aggregate net gain of $4 million associated with the disposal of the rigs and related assets.

Long-Lived Assets

3 Months Ended

Mar. 31, 2026

Note 5—Long-Lived Assets

Assets held for sale—At March 31, 2026, the aggregate carrying amount of our assets held for sale, including the harsh environment semisubmersible Henry Goodrich, together with related assets, was $1 million. At December 31, 2025, the aggregate carrying amount of our assets held for sale, including the ultra-deepwater drillships Deepwater Champion, Discoverer India and the harsh environment semisubmersible Henry Goodrich, together with related assets, was $24 million.

Disposals—In the three months ended March 31, 2026, we completed the sale of Deepwater Champion and Discoverer India, together with related assets, for aggregate net cash proceeds of $27 million, including $3 million received as a deposit in the year ended December 31, 2025. In the three months ended March 31, 2026, we recognized an aggregate net gain of $4 million associated with the disposal of the rigs and related assets.