As you can see in the table above, current debt -- that is, debt due within 12 months -- is a staggering $3.2 billion. The company also has another $1.5 billion in other current liabilities. Combined, that's nearly $5 billion in cash outlays Seadrill is obligated to pay in the next year, while its order backlog is only $2.5 billion, most of which is contracted over the next 14 months.