10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001603923-14-000086`
Period End Date	20140930
Filing Date	20141024
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	wft-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 109 Cash Flow Statement 85 Comprehensive Income 28

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$106.00M	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$100.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$582.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$316.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$435.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $100 and $106	`ReceivablesNetCurrent`	$3.40B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.80B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.37B	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $100 and $106	`ReceivablesNetCurrent`	$3.31B	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$725.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$794.00M	USD	Point-in-time
Inventories, Net	`InventoryNet`	$3.32B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$3.29B	USD	Point-in-time
Deferred Tax Assets	`DeferredTaxAssetsNetCurrent`	$291.00M	USD	Point-in-time
Deferred Tax Assets	`DeferredTaxAssetsNetCurrent`	$297.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$1.18B	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$1.05B	USD	Point-in-time
Common Shares, Par Value (in USD and CHF per share, respectively)	`CommonStockParOrStatedValuePerShare`	1.16	CHF	Point-in-time
Common Shares, Par Value (in USD and CHF per share, respectively)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$240.00M	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	840.00M	shares	Point-in-time
Current Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.31B	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$8.93B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$9.78B	USD	Point-in-time
Common Shares, Conditionally Authorized (in shares)	`CommonSharesSharesConditionallyAuthorized`	372.00M	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $6,801 and $6,370	`PropertyPlantAndEquipmentNet`	$7.46B	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	840.00M	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $6,801 and $6,370	`PropertyPlantAndEquipmentNet`	$7.59B	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	774.00M	shares	Point-in-time
Goodwill	`Goodwill`	$3.49B	USD	Point-in-time
Goodwill	`Goodwill`	$3.38B	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	774.00M	shares	Point-in-time
Goodwill	`Goodwill`	$3.38B	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	773.00M	shares	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	767.00M	shares	Point-in-time
Treasury Shares, at cost (in shares)	`TreasuryStockShares`	73.00M	shares	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $794 and $725	`IntangibleAssetsNetExcludingGoodwill`	$530.00M	USD	Point-in-time
Treasury Shares, at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $794 and $725	`IntangibleAssetsNetExcludingGoodwill`	$616.00M	USD	Point-in-time
Equity Investments	`EquityMethodInvestments`	$296.00M	USD	Point-in-time
Equity Investments	`EquityMethodInvestments`	$266.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$169.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$200.00M	USD	Point-in-time
Total Assets	`Assets`	$21.98B	USD	Point-in-time
Total Assets	`Assets`	$20.73B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$1.65B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$1.72B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.96B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.78B	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$472.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$442.00M	USD	Point-in-time
Billings in Excess of Costs and Estimated Earnings	`BillingsInExcessOfCostCurrent`	$127.00M	USD	Point-in-time
Billings in Excess of Costs and Estimated Earnings	`BillingsInExcessOfCostCurrent`	-	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$130.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$183.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$807.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$1.11B	USD	Point-in-time
Current Liabilities Held for Sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$238.00M	USD	Point-in-time
Current Liabilities Held for Sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.88B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$5.74B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$7.00B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$7.06B	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$903.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$975.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.79B	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.77B	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 774 shares at September 30, 2014 and Par Value 1.16 Swiss Francs; Authorized 840 shares, Conditionally Authorized 372 shares, Issued 840 shares, Outstanding 767 shares at December 31, 2013	`CommonStockValue`	$1.00M	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 774 shares at September 30, 2014 and Par Value 1.16 Swiss Francs; Authorized 840 shares, Conditionally Authorized 372 shares, Issued 840 shares, Outstanding 767 shares at December 31, 2013	`CommonStockValue`	$775.00M	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$4.60B	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$5.39B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$2.90B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$3.01B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-187.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-63.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$163.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-430.00M	USD	Point-in-time
Treasury Shares, 0 shares and 73 shares, at cost, at September 30, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	-	USD	Point-in-time
Treasury Shares, 0 shares and 73 shares, at cost, at September 30, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	$37.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$8.16B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$7.86B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$79.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$41.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.58B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.94B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.20B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.82B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$20.73B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$21.98B	USD	Point-in-time

Income Statement 109 line items

Line Item	Tag	Value	Unit	Period
Products	`SalesRevenueGoodsNet`	$4.49B	USD	3 Qtrs
Products	`SalesRevenueGoodsNet`	$4.51B	USD	3 Qtrs
Products	`SalesRevenueGoodsNet`	$1.53B	USD	1 Quarter
Products	`SalesRevenueGoodsNet`	$1.55B	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$2.33B	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$6.70B	USD	3 Qtrs
Services	`SalesRevenueServicesNet`	$2.29B	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$7.01B	USD	3 Qtrs
Total Revenues	`SalesRevenueNet`	$3.82B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$3.88B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$11.53B	USD	3 Qtrs
Total Revenues	`SalesRevenueNet`	$11.18B	USD	3 Qtrs
Cost of Products	`CostOfGoodsSold`	$3.37B	USD	3 Qtrs
Cost of Products	`CostOfGoodsSold`	$1.26B	USD	1 Quarter
Cost of Products	`CostOfGoodsSold`	$1.16B	USD	1 Quarter
Cost of Products	`CostOfGoodsSold`	$3.42B	USD	3 Qtrs
Cost of Services	`CostOfServices`	$5.13B	USD	3 Qtrs
Cost of Services	`CostOfServices`	$5.80B	USD	3 Qtrs
Cost of Services	`CostOfServices`	$1.62B	USD	1 Quarter
Cost of Services	`CostOfServices`	$1.88B	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$203.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$72.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$216.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$65.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$404.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$1.23B	USD	3 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$1.21B	USD	3 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$418.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$76.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$72.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$205.00M	USD	3 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$225.00M	USD	3 Qtrs
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$143.00M	USD	3 Qtrs
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	3 Qtrs
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$121.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$121.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$-4.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$283.00M	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$154.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	-	USD	3 Qtrs
U.S. Government Investigation Loss	`LossContingencyAccrualProvision`	-	USD	1 Quarter
U.S. Government Investigation Loss	`LossContingencyAccrualProvision`	-	USD	1 Quarter
U.S. Government Investigation Loss	`LossContingencyAccrualProvision`	$153.00M	USD	3 Qtrs
U.S. Government Investigation Loss	`LossContingencyAccrualProvision`	-	USD	3 Qtrs
Gain on Sale of Businesses	`GainLossOnSaleOfBusiness`	$38.00M	USD	3 Qtrs
Gain on Sale of Businesses	`GainLossOnSaleOfBusiness`	$8.00M	USD	3 Qtrs
Gain on Sale of Businesses	`GainLossOnSaleOfBusiness`	$38.00M	USD	1 Quarter
Gain on Sale of Businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$3.56B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$10.71B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$10.95B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$3.58B	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$573.00M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$318.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$239.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$473.00M	USD	3 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-376.00M	USD	3 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-129.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-122.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-388.00M	USD	3 Qtrs
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	$-100.00M	USD	3 Qtrs
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	3 Qtrs
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-37.00M	USD	3 Qtrs
Other, Net	`OtherNonoperatingIncomeExpense`	$-30.00M	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-9.00M	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-61.00M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$80.00M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$60.00M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$187.00M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.00M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$74.00M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$49.00M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$98.00M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$136.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$-76.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$-50.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$31.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$89.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-74.00M	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$77.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$22.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-109.00M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	773.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	777.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	771.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	776.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	776.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	784.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	779.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	771.00M	shares	3 Qtrs

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$-76.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$-50.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$31.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$89.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$1.04B	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$1.03B	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$327.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$352.00M	USD	1 Quarter
Loss Contingency, Loss in Period	`LossContingencyLossInPeriod`	$153.00M	USD	3 Qtrs
Loss Contingency, Loss in Period	`LossContingencyLossInPeriod`	-	USD	3 Qtrs
Employee Share-Based Compensation Expense	`ShareBasedCompensation`	$44.00M	USD	3 Qtrs
Employee Share-Based Compensation Expense	`ShareBasedCompensation`	$45.00M	USD	3 Qtrs
Long-Lived Assets Impairment	`TangibleAssetImpairmentCharges`	$143.00M	USD	3 Qtrs
Long-Lived Assets Impairment	`TangibleAssetImpairmentCharges`	-	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$121.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$121.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$-4.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCostsAndAssetImpairmentCharges`	-	USD	3 Qtrs
Restructuring Charges	`RestructuringCostsAndAssetImpairmentCharges`	$138.00M	USD	3 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$-168.00M	USD	3 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$31.00M	USD	3 Qtrs
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	$-100.00M	USD	3 Qtrs
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	3 Qtrs
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Devaluation of Venezuelan Bolivar	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$8.00M	USD	3 Qtrs
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$38.00M	USD	3 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$15.00M	USD	3 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$30.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$308.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$146.00M	USD	3 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-69.00M	USD	3 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$163.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-189.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$90.00M	USD	3 Qtrs
Billings in Excess of Costs and Estimated Earnings	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-164.00M	USD	3 Qtrs
Billings in Excess of Costs and Estimated Earnings	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-127.00M	USD	3 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-227.00M	USD	3 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-315.00M	USD	3 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-23.00M	USD	3 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$83.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$379.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$567.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.21B	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.04B	USD	3 Qtrs
Acquisitions of Businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.00M	USD	3 Qtrs
Acquisitions of Businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-17.00M	USD	3 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$3.00M	USD	3 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$7.00M	USD	3 Qtrs
Proceeds from Sale of Assets and Businesses, Net	`ProceedsfromSaleofAssetsandDivestituresofBusinesses`	$74.00M	USD	3 Qtrs
Proceeds from Sale of Assets and Businesses, Net	`ProceedsfromSaleofAssetsandDivestituresofBusinesses`	$781.00M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-250.00M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.15B	USD	3 Qtrs
Repayments of Long-term Debt, Net	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$49.00M	USD	3 Qtrs
Repayments of Long-term Debt, Net	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$329.00M	USD	3 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$46.00M	USD	3 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$932.00M	USD	3 Qtrs
Excess Tax Benefits from Share-Based Compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	3 Qtrs
Excess Tax Benefits from Share-Based Compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.00M	USD	3 Qtrs
Proceeds from Sale of Executive Deferred Compensation Treasury Shares	`ProceedsFromSaleOfTreasuryStock`	$22.00M	USD	3 Qtrs
Proceeds from Sale of Executive Deferred Compensation Treasury Shares	`ProceedsFromSaleOfTreasuryStock`	-	USD	3 Qtrs
Other Financing Activities, Net	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.00M	USD	3 Qtrs
Other Financing Activities, Net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$604.00M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$7.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$11.00M	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$147.00M	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$16.00M	USD	3 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$582.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$300.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$316.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$435.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$582.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$300.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$316.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$435.00M	USD	Point-in-time
Interest Paid	`InterestPaid`	$442.00M	USD	3 Qtrs
Interest Paid	`InterestPaid`	$436.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$291.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$336.00M	USD	3 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$-76.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$-50.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$31.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$89.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-243.00M	USD	3 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$96.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-207.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-227.00M	USD	3 Qtrs
Defined Benefit Pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	3 Qtrs
Defined Benefit Pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Defined Benefit Pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Defined Benefit Pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	3 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$96.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-226.00M	USD	3 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-207.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-243.00M	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$127.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-118.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-319.00M	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-276.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-300.00M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-352.00M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-130.00M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$118.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.