Company: NE-WTA
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001628280-25-020547
Chunk: 84

Company: Noble Corp plc
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 8
Chunk 84
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2025Consolidated Noble Finance II LLCConsolidated Noble Offshore Drilling, Inc.Other         Non-guarantor Subsidiaries of NobleConsolidating AdjustmentsTotalStatements of OperationsOperating revenues$639,547 $234,940 $— $— $874,487 Operating costs and expenses482,170 192,534 12,444 — 687,148 Depreciation and amortization104,713 38,424 — — 143,137 Statements of Cash FlowsNet cash provided by (used in) operating activities$266,097 $31,816 $(26,853)$— $271,060 Capital expenditures(80,124)(33,412)— — (113,536)Proceeds from disposal of assets, net— — — — — Dividend payments— — (81,406)— (81,406)

Critical Accounting Estimates

We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States, which require us to make estimates that affect the reported amounts of assets, liabilities, revenues, expenses, and related disclosures of contingent assets and liabilities. We base our estimates on historical experience and on various other assumptions that we believe are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results may differ from our estimates and assumptions and any such differences could be material to our consolidated financial statements. The following accounting policies involve critical accounting estimates because they are particularly dependent on estimates and assumptions made by Noble about matters that are inherently uncertain. We disclose our significant accounting policies in “Note 1— Organization and Significant Accounting Policies” to our audited consolidated financial statements included in Part II, Item 8 of our Form 10-K.

For information about our critical accounting policies and estimates, see Part II, Item 7, “Management's Discussion and Analysis of Financial Condition and Results of Operations—Critical Accounting Estimates” in our Form 10-K. As of March 31, 

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2025, there have been no material changes to the judgments, assumptions, and estimates upon which our critical accounting policies and estimates are based.

See Part I, Item 1, Financial Statements, “Note 3 — Accounting Pronouncements,” to the unaudited condensed consolidated financial statements for a description of the recent accounting pronouncements.

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Item 3.