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10-K Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 FY 2016
Filing Information
Form Type 10-K
Accession Number 0001603923-17-000050
Period End Date 20161231
Filing Date 20170215
Fiscal Year 2016
Fiscal Period FY
XBRL Instance wft-20161231.xml
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Allowance for Uncollectible Accounts AllowanceForDoubtfulAccountsReceivableCurrent $129.00M USD Point-in-time
Allowance for Uncollectible Accounts AllowanceForDoubtfulAccountsReceivableCurrent $113.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $467.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $474.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $435.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Common Shares, Par Value (in USD per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $129 in 2016 and $113 in 2015 ReceivablesNetCurrent $1.78B USD Point-in-time
Common Shares, Par Value (in USD per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $129 in 2016 and $113 in 2015 ReceivablesNetCurrent $1.38B USD Point-in-time
Common Shares, Par Value (in USD per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Inventories, Net InventoryNet $1.80B USD Point-in-time
Common Shares, Authorized (in shares) CommonStockSharesAuthorized 1.36B shares Point-in-time
Common Shares, Authorized (in shares) CommonStockSharesAuthorized 1.36B shares Point-in-time
Inventories, Net InventoryNet $2.34B USD Point-in-time
Prepaid Expenses PrepaidExpenseCurrent $263.00M USD Point-in-time
Prepaid Expenses PrepaidExpenseCurrent $343.00M 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
Deferred Tax Assets DeferredTaxAssetsNetCurrent $165.00M USD Point-in-time
Common Shares, Issued (in shares) CommonStockSharesIssued 779.00M shares Point-in-time
Common Shares, Issued (in shares) CommonStockSharesIssued 983.00M shares Point-in-time
Deferred Tax Assets DeferredTaxAssetsNetCurrent - USD Point-in-time
Other Current Assets OtherAssetsCurrent $425.00M USD Point-in-time
Other Current Assets OtherAssetsCurrent $464.00M USD Point-in-time
Common Shares, Outstanding (in shares) CommonStockSharesOutstanding 983.00M shares Point-in-time
Common Shares, Outstanding (in shares) CommonStockSharesOutstanding 774.00M shares Point-in-time
Treasury Shares, at cost (in shares) TreasuryStockShares 0.00 shares Point-in-time
Total Current Assets AssetsCurrent $4.91B USD Point-in-time
Treasury Shares, at cost (in shares) TreasuryStockShares 0.00 shares Point-in-time
Total Current Assets AssetsCurrent $5.56B USD Point-in-time
Land, Buildings and Leasehold Improvements LandBuildingsandLeaseholdImprovementsGross $1.78B USD Point-in-time
Land, Buildings and Leasehold Improvements LandBuildingsandLeaseholdImprovementsGross $1.62B USD Point-in-time
Rental and Service Equipment RentalandServiceEquipmentGross $7.97B USD Point-in-time
Rental and Service Equipment RentalandServiceEquipmentGross $8.70B USD Point-in-time
Machinery and Other MachineryandOtherGross $2.25B USD Point-in-time
Machinery and Other MachineryandOtherGross $2.43B USD Point-in-time
Property, Plant and Equipment, Gross PropertyPlantAndEquipmentGross $11.84B USD Point-in-time
Property, Plant and Equipment, Gross PropertyPlantAndEquipmentGross $12.91B USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $7.36B USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $7.24B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $4.48B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $5.68B USD Point-in-time
Goodwill Goodwill $2.80B USD Point-in-time
Goodwill Goodwill $3.01B USD Point-in-time
Goodwill Goodwill $2.80B USD Point-in-time
Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $356.00M USD Point-in-time
Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $248.00M USD Point-in-time
Equity Investments EquityMethodInvestments $66.00M USD Point-in-time
Equity Investments EquityMethodInvestments $76.00M USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $163.00M USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $282.00M USD Point-in-time
Total Assets Assets $12.66B USD Point-in-time
Total Assets Assets $14.76B USD Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt DebtCurrent $179.00M USD Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt DebtCurrent $1.58B USD Point-in-time
Accounts Payable AccountsPayableCurrent $948.00M USD Point-in-time
Accounts Payable AccountsPayableCurrent $845.00M USD Point-in-time
Accrued Salaries and Benefits EmployeeRelatedLiabilitiesCurrent $406.00M USD Point-in-time
Accrued Salaries and Benefits EmployeeRelatedLiabilitiesCurrent $291.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $330.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $255.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $765.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $858.00M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $2.43B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $4.03B USD Point-in-time
Long-term Debt LongTermDebtAndCapitalLeaseObligations $7.40B 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 $765.00M USD Point-in-time
Total Liabilities Liabilities $10.39B USD Point-in-time
Total Liabilities Liabilities $10.60B USD Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 983 shares and 779 shares at December 31, 2016 and 2015, respectively CommonStockValue $1.00M USD Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 983 shares and 779 shares at December 31, 2016 and 2015, respectively CommonStockValue $1.00M USD Point-in-time
Capital in Excess of Par Value AdditionalPaidInCapitalCommonStock $6.57B USD Point-in-time
Capital in Excess of Par Value AdditionalPaidInCapitalCommonStock $271.00M 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 $-2.95B USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.64B USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-881.00M USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.61B USD Point-in-time
Weatherford Shareholders Equity StockholdersEquity $2.01B USD Point-in-time
Weatherford Shareholders Equity StockholdersEquity $4.30B USD Point-in-time
Noncontrolling Interests MinorityInterest $56.00M USD Point-in-time
Noncontrolling Interests MinorityInterest $61.00M USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.03B USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.20B USD Point-in-time
Total Liabilities and Shareholders Equity LiabilitiesAndStockholdersEquity $14.76B USD Point-in-time
Total Liabilities and Shareholders Equity LiabilitiesAndStockholdersEquity $12.66B USD Point-in-time
Income Statement 124 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $2.06B USD Annual
Products SalesRevenueGoodsNet $6.06B USD Annual
Products SalesRevenueGoodsNet $3.57B USD Annual
Services SalesRevenueServicesNet $5.86B USD Annual
Services SalesRevenueServicesNet $8.85B USD Annual
Services SalesRevenueServicesNet $3.69B USD Annual
Total Revenues SalesRevenueNet $1.40B USD 1 Quarter
Total Revenues SalesRevenueNet $2.79B USD 1 Quarter
Total Revenues SalesRevenueNet $2.39B USD 1 Quarter
Total Revenues SalesRevenueNet $5.75B USD Annual
Total Revenues SalesRevenueNet $1.58B USD 1 Quarter
Total Revenues SalesRevenueNet $9.43B USD Annual
Total Revenues SalesRevenueNet $2.01B USD 1 Quarter
Total Revenues SalesRevenueNet $2.24B USD 1 Quarter
Total Revenues SalesRevenueNet $14.91B USD Annual
Total Revenues SalesRevenueNet $1.41B USD 1 Quarter
Total Revenues SalesRevenueNet $1.36B USD 1 Quarter
Cost of Products CostOfGoodsSold $3.43B USD Annual
Cost of Products CostOfGoodsSold $4.94B USD Annual
Cost of Products CostOfGoodsSold $2.14B USD Annual
Cost of Services CostOfServices $4.59B USD Annual
Cost of Services CostOfServices $3.05B USD Annual
Cost of Services CostOfServices $6.52B USD Annual
Research and Development ResearchAndDevelopmentExpense $159.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $290.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $231.00M USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $970.00M USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $1.73B USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $1.35B USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $139.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $227.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $290.00M USD Annual
Long-Lived Asset Impairments, Write-Downs and Other Charges ImpairmentOfLongLivedAssetsToBeDisposedOf $495.00M USD Annual
Long-Lived Asset Impairments, Write-Downs and Other Charges ImpairmentOfLongLivedAssetsToBeDisposedOf $1.04B USD Annual
Long-Lived Asset Impairments, Write-Downs and Other Charges ImpairmentOfLongLivedAssetsToBeDisposedOf $768.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss $25.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss $161.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss - USD Annual
Restructuring Charges RestructuringCharges $59.00M USD 1 Quarter
Restructuring Charges RestructuringCharges $232.00M USD Annual
Restructuring Charges RestructuringCharges $280.00M USD Annual
Restructuring Charges RestructuringCharges $331.00M USD Annual
Litigation Charges, Net GainLossRelatedToLitigationSettlement - USD Annual
Litigation Charges, Net GainLossRelatedToLitigationSettlement $-220.00M USD Annual
Litigation Charges, Net GainLossRelatedToLitigationSettlement $-140.00M USD Point-in-time
Litigation Charges, Net GainLossRelatedToLitigationSettlement $-116.00M USD Annual
Loss (Gain) on Sale of Businesses and Investments, Net GainLossOnSaleOfBusiness - USD Annual
Loss (Gain) on Sale of Businesses and Investments, Net GainLossOnSaleOfBusiness $-6.00M USD Annual
Loss (Gain) on Sale of Businesses and Investments, Net GainLossOnSaleOfBusiness $349.00M USD Annual
Total Costs and Expenses CostsAndExpenses $8.00B USD Annual
Total Costs and Expenses CostsAndExpenses $10.98B USD Annual
Total Costs and Expenses CostsAndExpenses $14.41B USD Annual
Operating Income (Loss) OperatingIncomeLoss $505.00M USD Annual
Operating Income (Loss) OperatingIncomeLoss $-1.55B USD Annual
Operating Income (Loss) OperatingIncomeLoss $-2.25B USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-468.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-498.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-499.00M USD Annual
Bond Tender Premium, Net BondTenderPremiumNet $-78.00M USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $245.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $85.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $3.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $-8.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $-17.00M USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.88B USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-255.00M USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.10B USD Annual
Income Tax (Provision) Benefit IncomeTaxExpenseBenefit $284.00M USD Annual
Income Tax (Provision) Benefit IncomeTaxExpenseBenefit $-145.00M USD Annual
Income Tax (Provision) Benefit IncomeTaxExpenseBenefit $496.00M USD Annual
Net Loss ProfitLoss $-1.95B USD Annual
Net Loss ProfitLoss $-539.00M USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $19.00M USD Annual
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $34.00M USD Annual
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $45.00M USD Annual
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.23B USD Annual
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.34B USD Annual
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.71B USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $19.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $34.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $45.00M USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-170.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-3.39B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-1.78B USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-584.00M USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-1.99B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-489.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-1.21B USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-565.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-549.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-498.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-118.00M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.15 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.75 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $-0.61 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-2.55 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $-0.22 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.59 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-3.82 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $-1.54 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-1.98 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.63 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.63 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-3.82 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $-1.98 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.75 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $-0.22 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-1.54 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.61 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.63 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-2.55 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $-0.59 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.63 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.15 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 887.00M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 777.00M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 779.00M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 887.00M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 779.00M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 777.00M shares Annual
Cash Flow Statement 142 line items
Line Item Tag Value Unit Period
Net Loss ProfitLoss $-1.95B USD Annual
Net Loss ProfitLoss $-539.00M USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $956.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $1.20B USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $1.37B USD Annual
Long-Lived Asset Impairments and Other Charges ImpairmentOfLongLivedAssetsHeldForUse $495.00M USD Annual
Long-Lived Asset Impairments and Other Charges ImpairmentOfLongLivedAssetsHeldForUse $352.00M USD 1 Quarter
Long-Lived Asset Impairments and Other Charges ImpairmentOfLongLivedAssetsHeldForUse $436.00M USD Annual
Long-Lived Asset Impairments and Other Charges ImpairmentOfLongLivedAssetsHeldForUse $638.00M USD Annual
Non-cash inventory charges Noncashinventorycharges $219.00M USD Annual
Non-cash inventory charges Noncashinventorycharges $48.00M USD Annual
Non-cash inventory charges Noncashinventorycharges $202.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss $25.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss $161.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss - USD Annual
Restructuring and Other Asset Charges RestructuringCostsAndAssetImpairmentCharges $194.00M USD Annual
Restructuring and Other Asset Charges RestructuringCostsAndAssetImpairmentCharges $135.00M USD Annual
Restructuring and Other Asset Charges RestructuringCostsAndAssetImpairmentCharges $194.00M USD Annual
Divestiture Related and Other Charges OtherNoncashExpense - USD Annual
Divestiture Related and Other Charges OtherNoncashExpense - USD Annual
Divestiture Related and Other Charges OtherNoncashExpense $64.00M USD Annual
Currency Devaluation and Related Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation and Related Charges ForeignCurrencyDevaluationLossbeforeTax $245.00M USD Annual
Currency Devaluation and Related Charges ForeignCurrencyDevaluationLossbeforeTax $85.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $25.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $157.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $40.00M USD Annual
Bond Tender Premium, Net BondTenderPremiumNet $-78.00M USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Employee Share-Based Compensation Expense ShareBasedCompensation $73.00M USD Annual
Employee Share-Based Compensation Expense ShareBasedCompensation $56.00M USD Annual
Employee Share-Based Compensation Expense ShareBasedCompensation $87.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $69.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $31.00M USD 1 Quarter
Bad Debt Expense ProvisionForDoubtfulAccounts $48.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $27.00M USD Annual
Loss (Gain) on Sale of Businesses, Net GainLossOnDispositionOfAssets1 - USD Annual
Loss (Gain) on Sale of Businesses, Net GainLossOnDispositionOfAssets1 $-6.00M USD Annual
Loss (Gain) on Sale of Businesses, Net GainLossOnDispositionOfAssets1 $349.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-66.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $381.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-448.00M USD Annual
Excess Tax Benefits from Share-Based Compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities - USD Annual
Excess Tax Benefits from Share-Based Compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities - USD Annual
Excess Tax Benefits from Share-Based Compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $7.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-34.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-50.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-151.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-78.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-214.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-1.03B USD Annual
Inventories IncreaseDecreaseInInventories $167.00M USD Annual
Inventories IncreaseDecreaseInInventories $-349.00M USD Annual
Inventories IncreaseDecreaseInInventories $-260.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $80.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $-67.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $-128.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-813.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-21.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-150.00M USD Annual
Billings in Excess of Costs and Estimated Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $-126.00M USD Annual
Billings in Excess of Costs and Estimated Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $45.00M USD Annual
Billings in Excess of Costs and Estimated Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $-1.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $-219.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $-65.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $-248.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $69.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $27.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $89.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $706.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $-314.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $963.00M USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $1.45B USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $204.00M USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $682.00M USD Annual
Acquisitions of Businesses, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $14.00M USD Annual
Acquisitions of Businesses, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.00M USD Annual
Acquisitions of Businesses, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-18.00M USD Annual
Acquisition of Intellectual Property PaymentsToAcquireIntangibleAssets $10.00M USD Annual
Acquisition of Intellectual Property PaymentsToAcquireIntangibleAssets $5.00M USD Annual
Acquisition of Intellectual Property PaymentsToAcquireIntangibleAssets $8.00M USD Annual
Acquisition of Equity Investments in Unconsolidated Affiliates PaymentsToAcquireEquityMethodInvestments - USD Annual
Acquisition of Equity Investments in Unconsolidated Affiliates PaymentsToAcquireEquityMethodInvestments - USD Annual
Acquisition of Equity Investments in Unconsolidated Affiliates PaymentsToAcquireEquityMethodInvestments $3.00M USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities - USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities - USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities $39.00M USD Annual
Proceeds (payments) from sale of businesses and equity investment, net Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet $1.71B USD Annual
Proceeds (payments) from sale of businesses and equity investment, net Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet $-6.00M USD Annual
Proceeds (payments) from sale of businesses and equity investment, net Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet $8.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $49.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $37.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $59.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $330.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-659.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-137.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $3.68B USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt - USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $4.00M USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $259.00M USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $1.96B USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $474.00M USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-924.00M USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $505.00M USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-1.51B USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock - USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock $1.07B USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock - USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium - USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium - USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium $78.00M USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease - USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease - USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease $87.00M USD Annual
Excess Tax Benefits from Share-Based Compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $7.00M USD Annual
Excess Tax Benefits from Share-Based Compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities - USD Annual
Excess Tax Benefits from Share-Based Compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities - USD Annual
Proceeds from Sale of Treasury Stock ProceedsFromSaleOfTreasuryStock - USD Annual
Proceeds from Sale of Treasury Stock ProceedsFromSaleOfTreasuryStock - USD Annual
Proceeds from Sale of Treasury Stock ProceedsFromSaleOfTreasuryStock $22.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-26.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-41.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-23.00M USD Annual
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $12.00M USD Annual
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $-1.18B USD Annual
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $1.07B USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-74.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-50.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-66.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $570.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $39.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-7.00M USD Annual
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $467.00M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $474.00M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $435.00M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $467.00M USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $474.00M USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $435.00M USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Stockholders Equity 28 line items
Line Item Tag Value Unit Period
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.03B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.20B USD Point-in-time
Net Loss ProfitLoss $-1.95B USD Annual
Net Loss ProfitLoss $-539.00M USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-694.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-760.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $31.00M USD Annual
Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, Redeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable $-27.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $24.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $39.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $48.00M USD Annual
Common Stocks, Including Additional Paid in Capital CommonStocksIncludingAdditionalPaidInCapital $894.00M USD Point-in-time
Adjustments to Additional Paid in Capital, Convertible Debt with Conversion Feature AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $97.00M USD Annual
Warrants and Rights Outstanding WarrantsAndRightsOutstanding $156.00M USD Point-in-time
Warrants and Rights Outstanding WarrantsAndRightsOutstanding $172.00M USD Point-in-time
Change in Common Shares Associated with Redomestication ChangeinCommonSharesAssociatedwithRedomestication $11.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $56.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $78.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $91.00M USD Annual
Excess Tax Benefit of Share-Based Compensation Plans AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $7.00M USD Annual
Other StockholdersEquityOther $-1.00M USD Annual
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.03B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.20B USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net Loss ProfitLoss $-1.95B USD Annual
Net Loss ProfitLoss $-539.00M USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-12.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-673.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-789.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-28.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-42.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $19.00M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $-2.00M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $1.00M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $1.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $-694.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $-760.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $31.00M USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.23B USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.34B USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.71B USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $19.00M USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $34.00M USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $45.00M USD Annual
Comprehensive Loss Attributable to Weatherford ComprehensiveIncomeNetOfTax $-1.28B USD Annual
Comprehensive Loss Attributable to Weatherford ComprehensiveIncomeNetOfTax $-2.75B USD Annual
Comprehensive Loss Attributable to Weatherford ComprehensiveIncomeNetOfTax $-3.36B USD Annual

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

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