Company: NE-WTA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001895262-25-000016
Chunk: 77

Company: Noble Corp plc
Filing Date: 2025-10-28
Form: 10-Q
Item: Item 8
Chunk 77
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ated Balance Sheets InformationRestricted cashNoble’s restricted cash balance as of September 30, 2025, and December 31, 2024, was $6.6 million and $5.0 million, respectively. All restricted cash is recorded in “Prepaid expenses and other current assets.”LeasesOur lease agreements are primarily for real estate, equipment, storage, dock space, and automobiles and are included within “Other assets”, “Other current liabilities”, and “Other liabilities” on our Condensed Consolidated Balance Sheets. In connection with the Diamond Transaction, the Company assumed several finance leases for well control equipment used on the drillships. The finance leases commenced in 2016 and also include an option to purchase the leased equipment at the end of the respective lease term. During the third quarter of 2025, the right-of-use assets and finance lease liabilities related to certain of our finance leases were remeasured to include the potential purchase price.Condensed Consolidated Statements of Cash Flows InformationOperating cash activitiesThe net effect of changes in assets and liabilities on cash flows from operating activities is as follows:Nine Months Ended September 30,20252024Accounts receivable$118,675 $(10,232)Taxes receivable709 (34,987)Other current assets140,519 8,624 Other assets16,452 153 Accounts payable(68,154)(18,136)Other current liabilities(3,855)27,592 Other liabilities3,151 5,481 Total net change in operating assets and liabilities$207,497 $(21,505)

18

NOBLE CORPORATION plc AND SUBSIDIARIESNOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unless otherwise indicated, dollar and share amounts in tables are in thousands, except per share data)

Non-cash investing and financing activitiesNon-cash investing and financing activities excluded from unaudited Condensed Consolidated Statements of Cash Flows are as follows:Nine Months Ended September 30,20252024Accrued capital expenditures at period end$41,509 $60,691 

Note 12 — Information about Noble Finance II8.000% Senior Notes due 2030Noble Finance II, a wholly-owned, indirect subsidiary of Noble, is the issuer of the 2030 Notes and, one or more 100% wholly-owned, direct and indirect subsidiaries of Noble Finance II are the unconditional guarantors, or are otherwise obligated