10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001603923-18-000109`
Period End Date	20180630
Filing Date	20180809
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	wft-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 96 Cash Flow Statement 98 Comprehensive Income 28

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$141.00M	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$156.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$584.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$415.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$613.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $141 in 2018 and $156 in 2017	`ReceivablesNetCurrent`	$1.10B	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $141 in 2018 and $156 in 2017	`ReceivablesNetCurrent`	$1.17B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.46B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.96B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$1.14B	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$887.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$870.00M	USD	Point-in-time
Inventories, Net	`InventoryNet`	$1.23B	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$137.00M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$237.00M	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$342.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$332.00M	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$359.00M	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
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$489.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.88B	USD	Point-in-time
Common Shares, Conditionally Authorized (in shares)	`CommonSharesSharesConditionallyAuthorized`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.69B	USD	Point-in-time
Common Shares, Conditionally Authorized (in shares)	`CommonSharesSharesConditionallyAuthorized`	0.00	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $6,965 in 2018 and $7,462 in 2017	`PropertyPlantAndEquipmentNet`	$2.71B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $6,965 in 2018 and $7,462 in 2017	`PropertyPlantAndEquipmentNet`	$2.27B	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	993.00M	shares	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	997.00M	shares	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	997.00M	shares	Point-in-time
Goodwill	`Goodwill`	$2.73B	USD	Point-in-time
Goodwill	`Goodwill`	$2.62B	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	993.00M	shares	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $887 in 2018 and $870 in 2017	`IntangibleAssetsNetExcludingGoodwill`	$216.00M	USD	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $887 in 2018 and $870 in 2017	`IntangibleAssetsNetExcludingGoodwill`	$213.00M	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
Other Non-Current Assets	`OtherAssetsNoncurrent`	$176.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$221.00M	USD	Point-in-time
Total Assets	`Assets`	$8.98B	USD	Point-in-time
Total Assets	`Assets`	$9.75B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$148.00M	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$295.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$856.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$754.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$308.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$272.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$228.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$211.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$668.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$690.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.20B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.23B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$7.54B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$7.63B	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$457.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$547.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.32B	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.29B	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 997 shares at June 30, 2018 and 993 shares at December 31, 2017	`CommonStockValue`	$1.00M	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 997 shares at June 30, 2018 and 993 shares at December 31, 2017	`CommonStockValue`	$1.00M	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$6.66B	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$6.69B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-6.37B	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`	$-1.58B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.68B	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-626.00M	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-1.36B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$47.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$55.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.31B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-571.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Total Liabilities and Shareholders Deficiency	`LiabilitiesAndStockholdersEquity`	$9.75B	USD	Point-in-time
Total Liabilities and Shareholders Deficiency	`LiabilitiesAndStockholdersEquity`	$8.98B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Products	`SalesRevenueGoodsNet`	$999.00M	USD	2 Qtrs
Products	`SalesRevenueGoodsNet`	$462.00M	USD	1 Quarter
Products	`SalesRevenueGoodsNet`	$963.00M	USD	2 Qtrs
Products	`SalesRevenueGoodsNet`	$488.00M	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$1.91B	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$875.00M	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$986.00M	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$1.75B	USD	2 Qtrs
Total Revenues	`SalesRevenueNet`	$1.36B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$2.87B	USD	2 Qtrs
Total Revenues	`SalesRevenueNet`	$1.45B	USD	1 Quarter
Total Revenues	`SalesRevenueNet`	$2.75B	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$414.00M	USD	1 Quarter
Cost of Products	`CostOfGoodsSold`	$879.00M	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$959.00M	USD	2 Qtrs
Cost of Products	`CostOfGoodsSold`	$473.00M	USD	1 Quarter
Cost of Services	`CostOfServices`	$1.41B	USD	2 Qtrs
Cost of Services	`CostOfServices`	$729.00M	USD	1 Quarter
Cost of Services	`CostOfServices`	$716.00M	USD	1 Quarter
Cost of Services	`CostOfServices`	$1.44B	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$75.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$37.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$36.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$75.00M	USD	2 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$199.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$441.00M	USD	2 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$211.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$399.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$66.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$33.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$34.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$70.00M	USD	2 Qtrs
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$25.00M	USD	2 Qtrs
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$8.00M	USD	1 Quarter
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$88.00M	USD	2 Qtrs
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$70.00M	USD	1 Quarter
Restructuring and Transformation Charges	`RestructuringCharges`	$106.00M	USD	2 Qtrs
Restructuring and Transformation Charges	`RestructuringCharges`	$31.00M	USD	1 Quarter
Restructuring and Transformation Charges	`RestructuringCharges`	$38.00M	USD	1 Quarter
Restructuring and Transformation Charges	`RestructuringCharges`	$63.00M	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$1.51B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$2.98B	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$3.11B	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$1.52B	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-73.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-359.00M	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-112.00M	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-145.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-138.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-301.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-152.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-279.00M	USD	2 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-65.00M	USD	2 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-127.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-10.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-56.00M	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender and Call Premium	`BondTenderPremiumNet`	$-34.00M	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$37.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$11.00M	USD	1 Quarter
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$-7.00M	USD	1 Quarter
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$-15.00M	USD	2 Qtrs
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$8.00M	USD	1 Quarter
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$15.00M	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-443.00M	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-148.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-558.00M	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-233.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$17.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$58.00M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$50.00M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$26.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-165.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-608.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-501.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-619.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-509.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-171.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-264.00M	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.63	USD	2 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.17	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.26	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.51	USD	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	990.00M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	995.00M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	989.00M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	997.00M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Increase (Decrease) in Obligation, Pension Benefits	`IncreaseDecreaseInPensionPlanObligations`	-	USD	2 Qtrs
Increase (Decrease) in Obligation, Pension Benefits	`IncreaseDecreaseInPensionPlanObligations`	$-41.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-165.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-608.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-501.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$144.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$204.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$291.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$412.00M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$17.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$14.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$27.00M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$41.00M	USD	2 Qtrs
Impairment of Long-Lived Assets to be Disposed of	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	2 Qtrs
Impairment of Long-Lived Assets to be Disposed of	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$92.00M	USD	2 Qtrs
Inventory Write-down	`InventoryWriteDown`	$64.00M	USD	2 Qtrs
Inventory Write-down	`InventoryWriteDown`	$35.00M	USD	2 Qtrs
Restructuring Costs and Asset Impairment Charges	`RestructuringCostsAndAssetImpairmentCharges`	$17.00M	USD	2 Qtrs
Restructuring Costs and Asset Impairment Charges	`RestructuringCostsAndAssetImpairmentCharges`	$34.00M	USD	2 Qtrs
Provision for Doubtful Accounts	`ProvisionForDoubtfulAccounts`	$-14.00M	USD	2 Qtrs
Provision for Doubtful Accounts	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender and Call Premium	`BondTenderPremiumNet`	$-34.00M	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	2 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$-5.00M	USD	2 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$4.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$37.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$11.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-65.00M	USD	2 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-127.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-10.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-56.00M	USD	2 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$-72.00M	USD	2 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$26.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$78.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$12.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$47.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-69.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$35.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-16.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-81.00M	USD	2 Qtrs
Accrued Litigation and Settlements	`IncreaseDecreaseinAccruedLitigationandSettlements`	$-62.00M	USD	2 Qtrs
Accrued Litigation and Settlements	`IncreaseDecreaseinAccruedLitigationandSettlements`	$-23.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-28.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-16.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$23.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$41.00M	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-241.00M	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-315.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$82.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.00M	USD	2 Qtrs
Capital Expenditures for and Acquisition of Assets Held for Sale	`IncreaseDecreaseInAssetsHeldForSale`	$18.00M	USD	2 Qtrs
Capital Expenditures for and Acquisition of Assets Held for Sale	`IncreaseDecreaseInAssetsHeldForSale`	$243.00M	USD	2 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-4.00M	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$7.00M	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$9.00M	USD	2 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$50.00M	USD	2 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$25.00M	USD	2 Qtrs
Proceeds (Payments) from Sale of Businesses and Equity Investment, Net	`Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet`	$25.00M	USD	2 Qtrs
Proceeds (Payments) from Sale of Businesses and Equity Investment, Net	`Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet`	$-1.00M	USD	2 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$5.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-315.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.00M	USD	2 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$588.00M	USD	2 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$251.00M	USD	2 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$36.00M	USD	2 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$455.00M	USD	2 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$-96.00M	USD	2 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$87.00M	USD	2 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	$34.00M	USD	2 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	-	USD	2 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.00M	USD	2 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-20.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$172.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$99.00M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$4.00M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-41.00M	USD	2 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-198.00M	USD	2 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-453.00M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$584.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$415.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$613.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$584.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$415.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$613.00M	USD	Point-in-time
Interest Paid	`InterestPaid`	$251.00M	USD	2 Qtrs
Interest Paid	`InterestPaid`	$273.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$66.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$47.00M	USD	2 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-165.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-608.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-501.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$74.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-161.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-166.00M	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$21.00M	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$41.00M	USD	2 Qtrs
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	2 Qtrs
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-160.00M	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-165.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$33.00M	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-575.00M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-175.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-661.00M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-424.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-669.00M	USD	2 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-429.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-181.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-586.00M	USD	2 Qtrs

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