v3.26.1
Other current and non-current liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Schedule of accounts payable and accrued liabilities
As of June 30, 2026 and December 31, 2025, other current liabilities included the following:
(In $ millions)June 30,
2026
December 31,
2025
Accrued expenses127 137 
Contract liabilities 70 58 
Employee withheld taxes, social security and vacation payments51 47 
Taxes payable36 35 
Accrued interest expense— 21 
Unfavorable drilling contracts— 
Other liabilities12 12 
Total other current liabilities296 313 
As of June 30, 2026 and December 31, 2025, other non-current liabilities included the following:
(In $ millions)June 30,
2026
December 31,
2025
Uncertain tax positions23 22 
Contract liabilities69 36 
Lease liabilities17 18 
Other liabilities11 12 
Total other non-current liabilities120 88