10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001603923-16-000225`
Period End Date	20160630
Filing Date	20160729
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	wft-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 113 Cash Flow Statement 90 Comprehensive Income 31

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$113.00M	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$95.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$611.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$452.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$474.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$467.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $95 in 2016 and $113 in 2015	`ReceivablesNetCurrent`	$1.48B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.24B	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $95 in 2016 and $113 in 2015	`ReceivablesNetCurrent`	$1.78B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.37B	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$818.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$783.00M	USD	Point-in-time
Inventories, Net	`InventoryNet`	$2.34B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$2.19B	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$343.00M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$302.00M	USD	Point-in-time
Deferred Tax Assets	`DeferredTaxAssetsNetCurrent`	$165.00M	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred Tax Assets	`DeferredTaxAssetsNetCurrent`	$136.00M	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$480.00M	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$464.00M	USD	Point-in-time
Common Shares, Conditionally Authorized (in shares)	`CommonSharesSharesConditionallyAuthorized`	0.00	shares	Point-in-time
Common Shares, Conditionally Authorized (in shares)	`CommonSharesSharesConditionallyAuthorized`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.56B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.05B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $7,369 in 2016 and $7,235 in 2015	`PropertyPlantAndEquipmentNet`	$5.68B	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	896.00M	shares	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	779.00M	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $7,369 in 2016 and $7,235 in 2015	`PropertyPlantAndEquipmentNet`	$5.25B	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	779.00M	shares	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	896.00M	shares	Point-in-time
Goodwill	`Goodwill`	$2.85B	USD	Point-in-time
Goodwill	`Goodwill`	$2.80B	USD	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $818 in 2016 and $783 in 2015	`IntangibleAssetsNetExcludingGoodwill`	$330.00M	USD	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $818 in 2016 and $783 in 2015	`IntangibleAssetsNetExcludingGoodwill`	$356.00M	USD	Point-in-time
Treasury Shares, at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Treasury Shares, at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Equity Investments	`EquityMethodInvestments`	$65.00M	USD	Point-in-time
Equity Investments	`EquityMethodInvestments`	$76.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$282.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$569.00M	USD	Point-in-time
Total Assets	`Assets`	$14.76B	USD	Point-in-time
Total Assets	`Assets`	$14.11B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$1.58B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$290.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$948.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$790.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$338.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$406.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$111.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$203.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$999.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$892.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.53B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.03B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$6.94B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$5.85B	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$512.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$454.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.93B	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.39B	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 896 shares at June 30, 2016 and 779 shares at December 31, 2015	`CommonStockValue`	$1.00M	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 896 shares at June 30, 2016 and 779 shares at December 31, 2015	`CommonStockValue`	$1.00M	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$6.25B	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$5.50B	USD	Point-in-time
Retained (Deficit) Earnings	`RetainedEarningsAccumulatedDeficit`	$442.00M	USD	Point-in-time
Retained (Deficit) Earnings	`RetainedEarningsAccumulatedDeficit`	$-621.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-881.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.64B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.51B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.09B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$4.30B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$4.12B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$64.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$61.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.37B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.19B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.25B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.03B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$14.11B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$14.76B	USD	Point-in-time

Income Statement 113 line items

Line Item	Tag	Value	Unit	Period
Products	`SalesRevenueGoodsNet`	$479.00M	USD	1 Quarter
Products	`SalesRevenueGoodsNet`	$1.04B	USD	2 Qtrs
Products	`SalesRevenueGoodsNet`	$891.00M	USD	1 Quarter
Products	`SalesRevenueGoodsNet`	$1.93B	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$3.25B	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$1.95B	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$1.50B	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$923.00M	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$2.39B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$5.18B	USD	2 Qtrs
Total Revenues	`SalesRevenueNet`	$1.40B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$2.99B	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$1.71B	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$513.00M	USD	1 Quarter
Cost of Products	`CostOfGoodsSold`	$1.09B	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$802.00M	USD	1 Quarter
Cost of Services	`CostOfServices`	$725.00M	USD	1 Quarter
Cost of Services	`CostOfServices`	$2.51B	USD	2 Qtrs
Cost of Services	`CostOfServices`	$1.21B	USD	1 Quarter
Cost of Services	`CostOfServices`	$1.62B	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$86.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$41.00M	USD	1 Quarter
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`	$339.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$499.00M	USD	2 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$702.00M	USD	2 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$230.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$76.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$34.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$120.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$53.00M	USD	1 Quarter
Asset Write-Downs and Other Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$211.00M	USD	2 Qtrs
Asset Write-Downs and Other Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$191.00M	USD	2 Qtrs
Asset Write-Downs and Other Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$181.00M	USD	1 Quarter
Asset Write-Downs and Other Charges	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$154.00M	USD	1 Quarter
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	$20.00M	USD	2 Qtrs
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	-	USD	1 Quarter
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	-	USD	2 Qtrs
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	$20.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$51.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$69.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$110.00M	USD	2 Qtrs
Restructuring Charges	`RestructuringCharges`	$128.00M	USD	2 Qtrs
Litigation Charges, Net	`LossContingencyAccrualProvision`	$112.00M	USD	1 Quarter
Litigation Charges, Net	`LossContingencyAccrualProvision`	$114.00M	USD	1 Quarter
Litigation Charges, Net	`LossContingencyAccrualProvision`	$181.00M	USD	2 Qtrs
Litigation Charges, Net	`LossContingencyAccrualProvision`	$112.00M	USD	2 Qtrs
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-1.00M	USD	2 Qtrs
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-5.00M	USD	1 Quarter
Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-2.00M	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$3.89B	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$2.85B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$1.86B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$5.60B	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-414.00M	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-460.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-464.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-907.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-237.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-234.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-117.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-119.00M	USD	1 Quarter
Bond Tender Premium, Net	`BondTenderPremiumNet`	$-78.00M	USD	1 Quarter
Bond Tender Premium, Net	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender Premium, Net	`BondTenderPremiumNet`	$-78.00M	USD	2 Qtrs
Bond Tender Premium, Net	`BondTenderPremiumNet`	-	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$42.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$31.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$16.00M	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	2 Qtrs
Other, Net	`OtherNonoperatingIncomeExpense`	$-7.00M	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-18.00M	USD	1 Quarter
Other, Net	`OtherNonoperatingIncomeExpense`	$-29.00M	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-615.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.26B	USD	Annual
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.26B	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-664.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-722.00M	USD	2 Qtrs
Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-132.00M	USD	1 Quarter
Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-203.00M	USD	2 Qtrs
Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-132.00M	USD	2 Qtrs
Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-102.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-562.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-590.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-1.05B	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-483.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	2 Qtrs
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`	$-1.06B	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-489.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-565.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.78	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.63	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.63	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-1.24	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.63	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.78	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.63	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-1.24	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	856.00M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	778.00M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	899.00M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	778.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	778.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	856.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	778.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	899.00M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-562.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-590.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-1.05B	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-483.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$499.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$249.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$627.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$311.00M	USD	1 Quarter
Employee Share-Based Compensation Expense	`ShareBasedCompensation`	$34.00M	USD	2 Qtrs
Employee Share-Based Compensation Expense	`ShareBasedCompensation`	$38.00M	USD	2 Qtrs
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$124.00M	USD	1 Quarter
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Long-Lived Assets Impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$124.00M	USD	2 Qtrs
Asset Write-Downs and Other Related Charges	`RestructuringCostsAndAssetImpairmentCharges`	$164.00M	USD	2 Qtrs
Asset Write-Downs and Other Related Charges	`RestructuringCostsAndAssetImpairmentCharges`	$122.00M	USD	2 Qtrs
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	$20.00M	USD	2 Qtrs
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	-	USD	1 Quarter
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	-	USD	2 Qtrs
Equity Investment Impairment	`GoodwillandEquityMethodInvestmentsImpairmentLoss`	$20.00M	USD	1 Quarter
Litigation Charges	`LitigationSettlementExpense`	$112.00M	USD	2 Qtrs
Litigation Charges	`LitigationSettlementExpense`	$185.00M	USD	2 Qtrs
Bond Tender Premium	`BondTenderPremiumNet`	$-78.00M	USD	1 Quarter
Bond Tender Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender Premium	`BondTenderPremiumNet`	$-78.00M	USD	2 Qtrs
Bond Tender Premium	`BondTenderPremiumNet`	-	USD	2 Qtrs
Deferred Income Tax Benefit	`DeferredIncomeTaxExpenseBenefit`	$-215.00M	USD	2 Qtrs
Deferred Income Tax Benefit	`DeferredIncomeTaxExpenseBenefit`	$-191.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$42.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$31.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$16.00M	USD	1 Quarter
Other, Net	`OtherNoncashIncomeExpense`	$-101.00M	USD	2 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$-86.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-170.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-687.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-76.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-122.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-27.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-67.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-616.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-167.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-297.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-173.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$67.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$138.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-344.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$249.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$74.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$411.00M	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$3.00M	USD	1 Quarter
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$8.00M	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$3.00M	USD	2 Qtrs
Insurance Proceeds Related to Rig Loss	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	2 Qtrs
Insurance Proceeds Related to Rig Loss	`ProceedsFromInsuranceSettlementInvestingActivities`	$30.00M	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`	$16.00M	USD	2 Qtrs
Payment Related to Sale of Business	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Payment Related to Sale of Business	`PaymentsForProceedsFromOtherInvestingActivities`	$20.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-391.00M	USD	2 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$3.16B	USD	2 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.88B	USD	2 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$161.00M	USD	2 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$-1.38B	USD	2 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$478.00M	USD	2 Qtrs
Proceeds from Issuance of Ordinary Common Shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from Issuance of Ordinary Common Shares	`ProceedsFromIssuanceOfCommonStock`	$623.00M	USD	2 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	$78.00M	USD	2 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	-	USD	2 Qtrs
Other Financing Activities, Net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	2 Qtrs
Other Financing Activities, Net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-20.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$420.00M	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`	$-35.00M	USD	2 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$137.00M	USD	2 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-15.00M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$611.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$452.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$474.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$467.00M	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`	$452.00M	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`	$467.00M	USD	Point-in-time
Interest Paid	`InterestPaid`	$261.00M	USD	2 Qtrs
Interest Paid	`InterestPaid`	$239.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$120.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$180.00M	USD	2 Qtrs

Comprehensive Income 31 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-562.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-590.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-1.05B	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-483.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$115.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$132.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-230.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00M	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	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`	$-1.00M	USD	2 Qtrs
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$1.00M	USD	2 Qtrs
Other	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-209.00M	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$134.00M	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$114.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-919.00M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-799.00M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-571.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-369.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	2 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-574.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-375.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-929.00M	USD	2 Qtrs
Comprehensive 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.