Company: NE-WTA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006184
Chunk: 125

Company: Noble Corp plc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 125
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 obligations in various jurisdictions. We expect to comply with the underlying performance requirements and we expect obligations under these letters of credit and surety bonds will not be called. At December 31, 2024, $30.6 million letters of credit and commercial commitments will expire in the next twelve months and the remainder of $121.0 million will expire subsequent to 2025.

We expect to fund these obligations and commitments with cash generated by our operations and cash on hand.

48

Unaudited Condensed Consolidating Financial Information

The Noble Indenture contains a covenant that requires Noble Finance II to furnish to holders of the 2030 Notes certain financial information relating to Noble Finance II and its restricted subsidiaries. The Diamond Second Lien Indenture contains a covenant that requires NODI to furnish to holders of the Diamond Second Lien Notes certain financial information relating to NODI and its subsidiaries.

The summarized financial information below reflects combined accounts of Noble Finance II, NODI, and all other subsidiaries of Noble. The financial information is presented on a combined basis and intercompany balances and transactions between entities have been eliminated.

Noble Corporation plc and SubsidiariesUnaudited Condensed Consolidating Selected FinancialsDecember 31, 2024Consolidated Noble Finance II LLCConsolidated Noble Offshore Drilling, Inc. (1)Other Non-guarantor Subsidiaries of NobleConsolidating AdjustmentsTotalBalance SheetsCash and cash equivalents$131,703 $114,999 $601 $— $247,303 Total current assets1,683,839 524,251 124,851 (944,077)1,388,864 Total current liabilities694,321 324,049 1,508,473 (1,586,481)940,362 Total debt1,401,214 1,244,357 — (665,385)1,980,186 Total shareholders' equity4,535,081 861,791 4,017,807 (4,763,293)4,651,386 

Noble Corporation plc and SubsidiariesUnaudited Condensed Consolidating Selected FinancialsTwelve Months Ended December 31, 2024Consolidated Noble Finance II LLCConsolidated Noble Offshore Drilling, Inc. (1)Other Non-guarantor Subsidiaries of NobleConsolidating AdjustmentsTotalStatements of OperationsOperating revenues$2,721