10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001603923-15-000070`
Period End Date	20150630
Filing Date	20150724
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	wft-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 100 Cash Flow Statement 80 Comprehensive Income 28

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$121.00M	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$108.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$474.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$611.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$571.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$435.00M	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.14B	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $121 in 2015 and $108 in 2014	`ReceivablesNetCurrent`	$3.02B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.89B	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $121 in 2015 and $108 in 2014	`ReceivablesNetCurrent`	$2.26B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$3.09B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$2.92B	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$733.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$765.00M	USD	Point-in-time
Deferred Tax Assets	`DeferredTaxAssetsNetCurrent`	$295.00M	USD	Point-in-time
Deferred Tax Assets	`DeferredTaxAssetsNetCurrent`	$303.00M	USD	Point-in-time
Common Shares, Par Value (in USD and CHF per share, respectively)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$1.06B	USD	Point-in-time
Common Shares, Par Value (in USD and CHF per share, respectively)	`CommonStockParOrStatedValuePerShare`	0.00	CHF	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$978.00M	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.94B	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.06B	USD	Point-in-time
Common Shares, Conditionally Authorized (in shares)	`CommonSharesSharesConditionallyAuthorized`	0.00	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $7,141 and $6,895	`PropertyPlantAndEquipmentNet`	$6.69B	USD	Point-in-time
Common Shares, Conditionally Authorized (in shares)	`CommonSharesSharesConditionallyAuthorized`	0.00	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $7,141 and $6,895	`PropertyPlantAndEquipmentNet`	$7.12B	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	774.00M	shares	Point-in-time
Goodwill	`Goodwill`	$2.94B	USD	Point-in-time
Goodwill	`Goodwill`	$3.01B	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	775.00M	shares	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	775.00M	shares	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $765 and $733	`IntangibleAssetsNetExcludingGoodwill`	$390.00M	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	774.00M	shares	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $765 and $733	`IntangibleAssetsNetExcludingGoodwill`	$440.00M	USD	Point-in-time
Treasury Shares, at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Equity Investments	`EquityMethodInvestments`	$106.00M	USD	Point-in-time
Treasury Shares, at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Equity Investments	`EquityMethodInvestments`	$81.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$460.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$265.00M	USD	Point-in-time
Total Assets	`Assets`	$17.63B	USD	Point-in-time
Total Assets	`Assets`	$18.89B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$1.56B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$727.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.10B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.74B	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$425.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$410.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$230.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$105.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$962.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$909.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.14B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.03B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$6.80B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$6.27B	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$1.03B	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$982.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.86B	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.39B	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 775 shares at June 30, 2015 and 774 shares at December 31, 2014	`CommonStockValue`	$1.00M	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 775 shares at June 30, 2015 and 774 shares at December 31, 2014	`CommonStockValue`	$1.00M	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$5.44B	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$5.41B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$2.43B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$1.82B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.09B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-881.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-223.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-187.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$6.96B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$6.17B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$75.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$75.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.03B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.05B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.20B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.25B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$17.63B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$18.89B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Products	`SalesRevenueGoodsNet`	$2.94B	USD	2 Qtrs
Products	`SalesRevenueGoodsNet`	$1.49B	USD	1 Quarter
Products	`SalesRevenueGoodsNet`	$891.00M	USD	1 Quarter
Products	`SalesRevenueGoodsNet`	$1.93B	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$4.37B	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$3.25B	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$2.22B	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$1.50B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$7.31B	USD	2 Qtrs
Total Revenues	`SalesRevenueNet`	$2.39B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$5.18B	USD	2 Qtrs
Total Revenues	`SalesRevenueNet`	$3.71B	USD	1 Quarter
Cost of Products	`CostOfGoodsSold`	$1.71B	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$802.00M	USD	1 Quarter
Cost of Products	`CostOfGoodsSold`	$2.17B	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$1.10B	USD	1 Quarter
Cost of Services	`CostOfServices`	$1.21B	USD	1 Quarter
Cost of Services	`CostOfServices`	$2.51B	USD	2 Qtrs
Cost of Services	`CostOfServices`	$3.50B	USD	2 Qtrs
Cost of Services	`CostOfServices`	$1.73B	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$75.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$144.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$123.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$59.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$702.00M	USD	2 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$396.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$810.00M	USD	2 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$339.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$120.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$53.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$59.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$133.00M	USD	2 Qtrs
Long-Lived Assets Impairment and Other Related Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$191.00M	USD	2 Qtrs
Long-Lived Assets Impairment and Other Related Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$143.00M	USD	1 Quarter
Long-Lived Assets Impairment and Other Related Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$143.00M	USD	2 Qtrs
Long-Lived Assets Impairment and Other Related Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$181.00M	USD	1 Quarter
Goodwill and Equity Investment Impairment	`GoodwillImpairmentLoss`	$20.00M	USD	2 Qtrs
Goodwill and Equity Investment Impairment	`GoodwillImpairmentLoss`	$125.00M	USD	1 Quarter
Goodwill and Equity Investment Impairment	`GoodwillImpairmentLoss`	$125.00M	USD	2 Qtrs
Goodwill and Equity Investment Impairment	`GoodwillImpairmentLoss`	$20.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$110.00M	USD	2 Qtrs
Restructuring Charges	`RestructuringCharges`	$69.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$59.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$129.00M	USD	2 Qtrs
Litigation Charges	`LossContingencyAccrualProvision`	$112.00M	USD	2 Qtrs
Litigation Charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Litigation Charges	`LossContingencyAccrualProvision`	-	USD	2 Qtrs
Litigation Charges	`LossContingencyAccrualProvision`	$112.00M	USD	1 Quarter
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-2.00M	USD	2 Qtrs
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-5.00M	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$3.69B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$7.15B	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$2.85B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$5.60B	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-464.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$155.00M	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$25.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-414.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-237.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-128.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-117.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-254.00M	USD	2 Qtrs
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$42.00M	USD	2 Qtrs
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	2 Qtrs
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$16.00M	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-29.00M	USD	2 Qtrs
Other, Net	`OtherNonoperatingIncomeExpense`	$-19.00M	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-28.00M	USD	2 Qtrs
Other, Net	`OtherNonoperatingIncomeExpense`	$-18.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-615.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-122.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-722.00M	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-127.00M	USD	2 Qtrs
(Provision) Benefit for Income Taxes	`IncomeTaxExpenseBenefit`	$-132.00M	USD	2 Qtrs
(Provision) Benefit for Income Taxes	`IncomeTaxExpenseBenefit`	$38.00M	USD	2 Qtrs
(Provision) Benefit for Income Taxes	`IncomeTaxExpenseBenefit`	$-132.00M	USD	1 Quarter
(Provision) Benefit for Income Taxes	`IncomeTaxExpenseBenefit`	$11.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-483.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-165.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-133.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-590.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-607.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-489.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-186.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-145.00M	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.63	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.78	USD	2 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.24	USD	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	778.00M	shares	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	778.00M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	777.00M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	776.00M	shares	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-483.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-165.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-133.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-590.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$627.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$311.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$706.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$355.00M	USD	1 Quarter
Employee Share-Based Compensation Expense	`ShareBasedCompensation`	$34.00M	USD	2 Qtrs
Employee Share-Based Compensation Expense	`ShareBasedCompensation`	$31.00M	USD	2 Qtrs
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$143.00M	USD	2 Qtrs
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$124.00M	USD	2 Qtrs
Restructuring and Other Asset Related Charges	`RestructuringCosts`	$122.00M	USD	2 Qtrs
Restructuring and Other Asset Related Charges	`RestructuringCosts`	-	USD	2 Qtrs
Goodwill and Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	$20.00M	USD	2 Qtrs
Goodwill and Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	$125.00M	USD	2 Qtrs
Litigation Charges	`LossContingencyAccrualProvision`	$112.00M	USD	2 Qtrs
Litigation Charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Litigation Charges	`LossContingencyAccrualProvision`	-	USD	2 Qtrs
Litigation Charges	`LossContingencyAccrualProvision`	$112.00M	USD	1 Quarter
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$-191.00M	USD	2 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$16.00M	USD	2 Qtrs
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$42.00M	USD	2 Qtrs
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	2 Qtrs
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Foreign Exchange Related Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$16.00M	USD	1 Quarter
Other, Net	`OtherNoncashIncomeExpense`	$-2.00M	USD	2 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$-86.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-687.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-76.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$70.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$73.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-27.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-155.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-616.00M	USD	2 Qtrs
Billings in Excess of Costs and Estimated Earnings	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-127.00M	USD	2 Qtrs
Billings in Excess of Costs and Estimated Earnings	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-1.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-342.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-173.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$137.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$94.00M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$249.00M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$29.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$411.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$662.00M	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$3.00M	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$3.00M	USD	2 Qtrs
Proceeds from Sale of Assets and Businesses, Net	`ProceedsfromSaleofAssetsandDivestituresofBusinesses`	$23.00M	USD	2 Qtrs
Proceeds from Sale of Assets and Businesses, Net	`ProceedsfromSaleofAssetsandDivestituresofBusinesses`	$26.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-622.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-391.00M	USD	2 Qtrs
Repayments of Long-term Debt, Net	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$36.00M	USD	2 Qtrs
Repayments of Long-term Debt, Net	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$161.00M	USD	2 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$738.00M	USD	2 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$478.00M	USD	2 Qtrs
Excess Tax Benefit from Share-based Compensation, Financing Activities	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.00M	USD	2 Qtrs
Excess Tax Benefit from Share-based Compensation, Financing Activities	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Proceeds from Sale of Treasury Stock	`ProceedsFromSaleOfTreasuryStock`	-	USD	2 Qtrs
Proceeds from Sale of Treasury Stock	`ProceedsFromSaleOfTreasuryStock`	$22.00M	USD	2 Qtrs
Other Financing Activities, Net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	2 Qtrs
Other Financing Activities, Net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$722.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$302.00M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-23.00M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$7.00M	USD	2 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$136.00M	USD	2 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$137.00M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$474.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$611.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$571.00M	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`	$474.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$611.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$571.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$435.00M	USD	Point-in-time
Interest Paid	`InterestPaid`	$259.00M	USD	2 Qtrs
Interest Paid	`InterestPaid`	$239.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$180.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$205.00M	USD	2 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-483.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-165.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-133.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-590.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-36.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$166.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-230.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$115.00M	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-21.00M	USD	2 Qtrs
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-36.00M	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$166.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$114.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-209.00M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-369.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-799.00M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-201.00M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-222.00M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-375.00M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$21.00M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-816.00M	USD	2 Qtrs

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