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10-K Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 FY 2017
Filing Information
Form Type 10-K
Accession Number 0001603923-18-000037
Period End Date 20171231
Filing Date 20180214
Fiscal Year 2017
Fiscal Period FY
XBRL Instance wft-20171231.xml
Balance Sheet 87 line items
Line Item Tag Value Unit Period
Allowance for Uncollectible Accounts AllowanceForDoubtfulAccountsReceivableCurrent $129.00M USD Point-in-time
Allowance for Uncollectible Accounts AllowanceForDoubtfulAccountsReceivableCurrent $156.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $613.00M 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
Common Shares, Par Value (in USD per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $156 in 2017 and $129 in 2016 ReceivablesNetCurrent $1.38B 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 $156 in 2017 and $129 in 2016 ReceivablesNetCurrent $1.10B 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
Inventories, Net InventoryNet $1.23B USD Point-in-time
Common Shares, Authorized (in shares) CommonStockSharesAuthorized 1.36B shares Point-in-time
Common Shares, Issued (in shares) CommonStockSharesIssued 993.00M shares Point-in-time
Prepaid Expenses PrepaidExpenseCurrent $263.00M USD Point-in-time
Common Shares, Issued (in shares) CommonStockSharesIssued 983.00M shares Point-in-time
Prepaid Expenses PrepaidExpenseCurrent $237.00M USD Point-in-time
Other Current Assets OtherAssetsCurrent $332.00M USD Point-in-time
Common Shares, Outstanding (in shares) CommonStockSharesOutstanding 983.00M shares Point-in-time
Common Shares, Outstanding (in shares) CommonStockSharesOutstanding 993.00M shares Point-in-time
Other Current Assets OtherAssetsCurrent $402.00M USD Point-in-time
Disposal Group, Including Discontinued Operation, Assets, Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $23.00M USD Point-in-time
Disposal Group, Including Discontinued Operation, Assets, Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $359.00M USD Point-in-time
Total Current Assets AssetsCurrent $4.91B USD Point-in-time
Total Current Assets AssetsCurrent $3.88B USD Point-in-time
Land, Buildings and Leasehold Improvements LandBuildingsandLeaseholdImprovementsGross $1.62B USD Point-in-time
Land, Buildings and Leasehold Improvements LandBuildingsandLeaseholdImprovementsGross $1.55B USD Point-in-time
Rental and Service Equipment RentalandServiceEquipmentGross $7.97B USD Point-in-time
Rental and Service Equipment RentalandServiceEquipmentGross $6.48B USD Point-in-time
Machinery and Other MachineryandOtherGross $2.25B USD Point-in-time
Machinery and Other MachineryandOtherGross $2.14B USD Point-in-time
Property, Plant and Equipment, Gross PropertyPlantAndEquipmentGross $10.17B USD Point-in-time
Property, Plant and Equipment, Gross PropertyPlantAndEquipmentGross $11.84B USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $7.36B USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $7.46B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $4.48B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $2.71B USD Point-in-time
Goodwill Goodwill $2.80B USD Point-in-time
Goodwill Goodwill $2.80B USD Point-in-time
Goodwill Goodwill $2.73B USD Point-in-time
Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $248.00M USD Point-in-time
Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $213.00M USD Point-in-time
Equity Investments EquityMethodInvestments $66.00M USD Point-in-time
Equity Investments EquityMethodInvestments $62.00M USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $159.00M USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $163.00M USD Point-in-time
Total Assets Assets $12.66B USD Point-in-time
Total Assets Assets $9.75B 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 $148.00M USD Point-in-time
Accounts Payable AccountsPayableCurrent $845.00M USD Point-in-time
Accounts Payable AccountsPayableCurrent $856.00M USD Point-in-time
Accrued Salaries and Benefits EmployeeRelatedLiabilitiesCurrent $308.00M USD Point-in-time
Accrued Salaries and Benefits EmployeeRelatedLiabilitiesCurrent $291.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $255.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $228.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $690.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $858.00M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $2.23B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $2.43B USD Point-in-time
Long-term Debt and Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations $7.54B USD Point-in-time
Long-term Debt and Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations $7.40B USD Point-in-time
Other Non-current Liabilities OtherLiabilitiesNoncurrent $765.00M USD Point-in-time
Other Non-current Liabilities OtherLiabilitiesNoncurrent $547.00M USD Point-in-time
Total Liabilities Liabilities $10.60B USD Point-in-time
Total Liabilities Liabilities $10.32B USD Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 993 shares and 983 shares at December 31, 2017 and 2016, respectively CommonStockValue $1.00M USD Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 993 shares and 983 shares at December 31, 2017 and 2016, 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 $6.66B USD Point-in-time
Retained Deficit RetainedEarningsAccumulatedDeficit $-2.95B USD Point-in-time
Retained Deficit RetainedEarningsAccumulatedDeficit $-5.76B USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.61B USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.52B USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.64B USD Point-in-time
Weatherford Shareholders (Deficiency) Equity StockholdersEquity $-626.00M USD Point-in-time
Weatherford Shareholders (Deficiency) Equity StockholdersEquity $2.01B USD Point-in-time
Noncontrolling Interests MinorityInterest $55.00M USD Point-in-time
Noncontrolling Interests MinorityInterest $56.00M USD Point-in-time
Total Shareholders (Deficiency) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.03B USD Point-in-time
Total Shareholders (Deficiency) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-571.00M USD Point-in-time
Total Shareholders (Deficiency) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Total Shareholders (Deficiency) Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Total Liabilities and Shareholders (Deficiency) Equity LiabilitiesAndStockholdersEquity $12.66B USD Point-in-time
Total Liabilities and Shareholders (Deficiency) Equity LiabilitiesAndStockholdersEquity $9.75B USD Point-in-time
Income Statement 105 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $3.57B USD Annual
Products SalesRevenueGoodsNet $2.06B USD Annual
Products SalesRevenueGoodsNet $2.12B USD Annual
Services SalesRevenueServicesNet $5.86B USD Annual
Services SalesRevenueServicesNet $3.58B USD Annual
Services SalesRevenueServicesNet $3.69B USD Annual
Total Revenues SalesRevenueNet $5.75B USD Annual
Total Revenues SalesRevenueNet $1.46B USD 1 Quarter
Total Revenues SalesRevenueNet $1.58B USD 1 Quarter
Total Revenues SalesRevenueNet $1.36B USD 1 Quarter
Total Revenues SalesRevenueNet $1.41B USD 1 Quarter
Total Revenues SalesRevenueNet $1.36B USD 1 Quarter
Total Revenues SalesRevenueNet $1.49B USD 1 Quarter
Total Revenues SalesRevenueNet $9.43B USD Annual
Total Revenues SalesRevenueNet $1.39B USD 1 Quarter
Total Revenues SalesRevenueNet $1.40B USD 1 Quarter
Total Revenues SalesRevenueNet $5.70B USD Annual
Cost of Products CostOfGoodsSold $2.14B USD Annual
Cost of Products CostOfGoodsSold $3.43B USD Annual
Cost of Products CostOfGoodsSold $2.14B USD Annual
Cost of Services CostOfServices $2.75B USD Annual
Cost of Services CostOfServices $3.05B USD Annual
Cost of Services CostOfServices $4.59B USD Annual
Research and Development ResearchAndDevelopmentExpense $231.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $158.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $159.00M USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $1.35B USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $910.00M USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $970.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $139.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $130.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $227.00M USD Annual
Asset Write Down and Other AssetWriteDownandOther $1.66B USD Annual
Asset Write Down and Other AssetWriteDownandOther $768.00M USD Annual
Asset Write Down and Other AssetWriteDownandOther $1.04B USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss - USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss $25.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss - USD Annual
Restructuring Charges RestructuringCharges $183.00M USD Annual
Restructuring Charges RestructuringCharges $232.00M USD Annual
Restructuring Charges RestructuringCharges $280.00M USD Annual
Litigation Charges, Net LossContingencyAccrualProvision $-10.00M USD Annual
Litigation Charges, Net LossContingencyAccrualProvision $220.00M USD Annual
Litigation Charges, Net LossContingencyAccrualProvision $116.00M USD Annual
(Gain) Loss from Disposition of U.S. Pressure Pumping Assets and Businesses GainLossOnSaleOfBusiness $96.00M USD Annual
(Gain) Loss from Disposition of U.S. Pressure Pumping Assets and Businesses GainLossOnSaleOfBusiness $-6.00M USD Annual
(Gain) Loss from Disposition of U.S. Pressure Pumping Assets and Businesses GainLossOnSaleOfBusiness - USD Annual
Total Costs and Expenses CostsAndExpenses $10.98B USD Annual
Total Costs and Expenses CostsAndExpenses $8.00B USD Annual
Total Costs and Expenses CostsAndExpenses $7.83B USD Annual
Operating Loss OperatingIncomeLoss $-2.13B USD Annual
Operating Loss OperatingIncomeLoss $-2.25B USD Annual
Operating Loss OperatingIncomeLoss $-1.55B USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-499.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-579.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-468.00M USD Annual
Fair Value Adjustment of Warrants FairValueAdjustmentOfWarrants $-86.00M USD Annual
Fair Value Adjustment of Warrants FairValueAdjustmentOfWarrants $-16.00M USD Annual
Fair Value Adjustment of Warrants FairValueAdjustmentOfWarrants - USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Bond Tender Premium, Net BondTenderPremiumNet $-78.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax - USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $85.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $-24.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $-34.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $3.00M USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.66B USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.10B USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.88B USD Annual
Income Tax (Provision) Benefit IncomeTaxExpenseBenefit $-145.00M USD Annual
Income Tax (Provision) Benefit IncomeTaxExpenseBenefit $496.00M USD Annual
Income Tax (Provision) Benefit IncomeTaxExpenseBenefit $137.00M USD Annual
Net Loss ProfitLoss $-2.79B USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Net Loss ProfitLoss $-1.95B USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $34.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $19.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $20.00M USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-171.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-549.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-2.81B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-565.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-256.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-1.78B USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-3.39B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-448.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-498.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-1.99B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-1.94B USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.17 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-2.55 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.59 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.63 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-2.84 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-1.95 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.26 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-3.82 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.61 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-1.98 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.45 USD 1 Quarter
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 779.00M shares Annual
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 990.00M shares Annual
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 887.00M shares Annual
Cash Flow Statement 148 line items
Line Item Tag Value Unit Period
Share-based compensation AllocatedShareBasedCompensationExpense $73.00M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $87.00M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $70.00M USD Annual
Net Loss ProfitLoss $-2.79B USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Net Loss ProfitLoss $-1.95B USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $956.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $801.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $1.20B USD Annual
Long-Lived Asset Impairments and Other Charges ImpairmentOfLongLivedAssetsHeldForUse $436.00M USD Annual
Long-Lived Asset Impairments and Other Charges ImpairmentOfLongLivedAssetsHeldForUse $638.00M USD Annual
Long-Lived Asset Impairments and Other Charges ImpairmentOfLongLivedAssetsHeldForUse $928.00M USD Annual
Allowance for Doubtful Accounts Receivable, Write-offs AllowanceForDoubtfulAccountsReceivableWriteOffs - USD Annual
Allowance for Doubtful Accounts Receivable, Write-offs AllowanceForDoubtfulAccountsReceivableWriteOffs $230.00M USD Annual
Allowance for Doubtful Accounts Receivable, Write-offs AllowanceForDoubtfulAccountsReceivableWriteOffs - USD Annual
Inventory Write-down InventoryWriteDown $540.00M USD Annual
Inventory Write-down InventoryWriteDown $269.00M USD Annual
Inventory Write-down InventoryWriteDown $244.00M USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss - USD Annual
Goodwill and Equity Investment Impairment GoodwillandEquityMethodInvestmentsImpairmentLoss $25.00M 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 $38.00M USD Annual
Restructuring and Other Asset Charges RestructuringCostsAndAssetImpairmentCharges $194.00M USD Annual
Increase (Decrease) in Obligation, Pension Benefits IncreaseDecreaseInPensionPlanObligations - USD Annual
Increase (Decrease) in Obligation, Pension Benefits IncreaseDecreaseInPensionPlanObligations - USD Annual
Increase (Decrease) in Obligation, Pension Benefits IncreaseDecreaseInPensionPlanObligations $-47.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax - USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $85.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $214.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $-10.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $122.00M USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Bond Tender Premium, Net BondTenderPremiumNet - USD Annual
Bond Tender Premium, Net BondTenderPremiumNet $-78.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $8.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $48.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $69.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $31.00M USD 1 Quarter
(Gain) Loss on Sale of Assets and Businesses, Net GainLossOnDispositionOfAssets1 $10.00M USD Annual
(Gain) Loss on Sale of Assets and Businesses, Net GainLossOnDispositionOfAssets1 $-30.00M USD Annual
(Gain) Loss on Sale of Assets and Businesses, Net GainLossOnDispositionOfAssets1 $91.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-25.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-448.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $381.00M USD Annual
Fair Value Adjustment of Warrants FairValueAdjustmentOfWarrants $-86.00M USD Annual
Fair Value Adjustment of Warrants FairValueAdjustmentOfWarrants $-16.00M USD Annual
Fair Value Adjustment of Warrants FairValueAdjustmentOfWarrants - USD Annual
Other, Net OtherNoncashIncomeExpense $32.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-142.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-127.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-1.03B USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-214.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $29.00M USD Annual
Inventories IncreaseDecreaseInInventories $37.00M USD Annual
Inventories IncreaseDecreaseInInventories $-349.00M USD Annual
Inventories IncreaseDecreaseInInventories $-260.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $-107.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $-128.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $-67.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-813.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-2.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-21.00M USD Annual
Billings in Excess of Costs and Estimated Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $-1.00M USD Annual
Billings in Excess of Costs and Estimated Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $11.00M USD Annual
Billings in Excess of Costs and Estimated Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $45.00M USD Annual
Increase (Decrease) in Accrued Litigation and Settlements IncreaseDecreaseinAccruedLitigationandSettlements $-94.00M USD Annual
Increase (Decrease) in Accrued Litigation and Settlements IncreaseDecreaseinAccruedLitigationandSettlements $-128.00M USD Annual
Increase (Decrease) in Accrued Litigation and Settlements IncreaseDecreaseinAccruedLitigationandSettlements $-123.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $20.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $-10.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $-201.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $27.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $69.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $40.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $715.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $-304.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $-388.00M 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
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $225.00M USD Annual
Increase (Decrease) in Assets Held-for-sale IncreaseDecreaseInAssetsHeldForSale $244.00M USD Annual
Increase (Decrease) in Assets Held-for-sale IncreaseDecreaseInAssetsHeldForSale - USD Annual
Increase (Decrease) in Assets Held-for-sale IncreaseDecreaseInAssetsHeldForSale - USD Annual
Acquisitions of Businesses, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.00M USD Annual
Acquisitions of Businesses, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $7.00M USD Annual
Acquisitions of Businesses, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $14.00M USD Annual
Acquisition of Intellectual Property PaymentsToAcquireIntangibleAssets $10.00M USD Annual
Acquisition of Intellectual Property PaymentsToAcquireIntangibleAssets $15.00M USD Annual
Acquisition of Intellectual Property PaymentsToAcquireIntangibleAssets $8.00M USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities - USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities $39.00M USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities - USD Annual
Proceeds (payments) from sale of businesses and equity investment, net Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet $-1.00M USD Annual
Proceeds (payments) from sale of businesses and equity investment, net Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet $8.00M USD Annual
Proceeds (payments) from sale of businesses and equity investment, net Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet $-6.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $37.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $51.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $49.00M USD Annual
Proceeds from Sale of Other Assets, Investing Activities ProceedsFromSaleOfOtherAssetsInvestingActivities $430.00M USD Annual
Proceeds from Sale of Other Assets, Investing Activities ProceedsFromSaleOfOtherAssetsInvestingActivities - USD Annual
Proceeds from Sale of Other Assets, Investing Activities ProceedsFromSaleOfOtherAssetsInvestingActivities - USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities - USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $51.00M USD 3 Qtrs
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $51.00M USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities - USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-137.00M USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-62.00M USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-659.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $250.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $4.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $3.68B USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $474.00M USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $69.00M USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $1.96B USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-1.51B USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-128.00M USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $505.00M USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock $1.07B USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock - USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock - USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium $78.00M USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium - USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium - USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease $87.00M USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease - USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease - USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-51.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-32.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-33.00M USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $1.06B USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $3.00M USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $20.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-66.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $6.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-50.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $570.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-7.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-424.00M USD Annual
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $613.00M 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 $467.00M USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $613.00M 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 $467.00M USD Point-in-time
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.03B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-571.00M USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Net Loss ProfitLoss $-2.79B USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Net Loss ProfitLoss $-1.95B USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $31.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $91.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-760.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $48.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $24.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $21.00M 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 $70.00M USD Point-in-time
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $78.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $84.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $91.00M USD Annual
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.03B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-571.00M USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net Loss ProfitLoss $-2.79B USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Net Loss ProfitLoss $-1.95B USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $130.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-789.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-12.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-28.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $39.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-42.00M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax - USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $1.00M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $1.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $31.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $91.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $-760.00M USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.70B USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.71B USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.34B USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $20.00M 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 Loss Attributable to Weatherford ComprehensiveIncomeNetOfTax $-2.72B 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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