10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001603923-18-000151`
Period End Date	20180930
Filing Date	20181102
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	wft-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 88 Cash Flow Statement 100 Comprehensive Income 28

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$156.00M	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$138.00M	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`	$6.84B	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$393.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$736.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$613.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$445.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$870.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $138 in 2018 and $156 in 2017	`ReceivablesNetCurrent`	$1.16B	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $138 in 2018 and $156 in 2017	`ReceivablesNetCurrent`	$1.10B	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, Net	`InventoryNet`	$1.10B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$1.23B	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$237.00M	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$133.00M	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$332.00M	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
Other Current Assets	`OtherAssetsCurrent`	$334.00M	USD	Point-in-time
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$359.00M	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	993.00M	shares	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	1.00B	shares	Point-in-time
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$618.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.73B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.88B	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	1.00B	shares	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	993.00M	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $6,839 in 2018 and $7,462 in 2017	`PropertyPlantAndEquipmentNet`	$2.16B	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
Property, Plant and Equipment, Net of Accumulated Depreciation of $6,839 in 2018 and $7,462 in 2017	`PropertyPlantAndEquipmentNet`	$2.71B	USD	Point-in-time
Goodwill	`Goodwill`	$2.73B	USD	Point-in-time
Goodwill	`Goodwill`	$2.63B	USD	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $736 in 2018 and $870 in 2017	`IntangibleAssetsNetExcludingGoodwill`	$192.00M	USD	Point-in-time
Other Intangible Assets, Net of Accumulated Amortization of $736 in 2018 and $870 in 2017	`IntangibleAssetsNetExcludingGoodwill`	$213.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$127.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$221.00M	USD	Point-in-time
Total Assets	`Assets`	$8.84B	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`	$396.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$856.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$728.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$308.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$241.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$228.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$231.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$654.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$690.00M	USD	Point-in-time
Disposal Group, Including Discontinued Operation, Liabilities, Current	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$49.00M	USD	Point-in-time
Disposal Group, Including Discontinued Operation, Liabilities, Current	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.23B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.30B	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`	$547.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$421.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.32B	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.35B	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,000 shares at September 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 1,000 shares at September 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`	$6.70B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-5.76B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-6.57B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.49B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.52B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.61B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.69B	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-1.55B	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-626.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$45.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$55.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.38B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-571.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.51B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Total Liabilities and Shareholders Deficiency	`LiabilitiesAndStockholdersEquity`	$9.75B	USD	Point-in-time
Total Liabilities and Shareholders Deficiency	`LiabilitiesAndStockholdersEquity`	$8.84B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Total Revenues	`Revenues`	$4.21B	USD	3 Qtrs
Total Revenues	`Revenues`	$1.44B	USD	1 Quarter
Total Revenues	`Revenues`	$4.32B	USD	3 Qtrs
Total Revenues	`Revenues`	$1.46B	USD	1 Quarter
Cost, Direct Material	`CostDirectMaterial`	$480.00M	USD	1 Quarter
Cost, Direct Material	`CostDirectMaterial`	$1.44B	USD	3 Qtrs
Cost, Direct Material	`CostDirectMaterial`	$1.38B	USD	3 Qtrs
Cost, Direct Material	`CostDirectMaterial`	$499.00M	USD	1 Quarter
Cost of Services, Oil and Gas	`CostOfServicesOilAndGas`	$2.15B	USD	3 Qtrs
Cost of Services, Oil and Gas	`CostOfServicesOilAndGas`	$715.00M	USD	1 Quarter
Cost of Services, Oil and Gas	`CostOfServicesOilAndGas`	$606.00M	USD	1 Quarter
Cost of Services, Oil and Gas	`CostOfServicesOilAndGas`	$2.02B	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$42.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$106.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$31.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$117.00M	USD	3 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$230.00M	USD	1 Quarter
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$591.00M	USD	3 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$671.00M	USD	3 Qtrs
Selling, General and Administrative Attributable to Segments	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$192.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$28.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$31.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$94.00M	USD	3 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$101.00M	USD	3 Qtrs
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$26.00M	USD	3 Qtrs
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$71.00M	USD	1 Quarter
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$159.00M	USD	3 Qtrs
Long-Lived Asset Impairments, Asset Write-Downs and Other	`AssetWriteDownandOther`	$1.00M	USD	1 Quarter
Restructuring and Transformation Charges	`RestructuringCharges`	$34.00M	USD	1 Quarter
Restructuring and Transformation Charges	`RestructuringCharges`	$140.00M	USD	3 Qtrs
Restructuring and Transformation Charges	`RestructuringCharges`	$27.00M	USD	1 Quarter
Restructuring and Transformation Charges	`RestructuringCharges`	$90.00M	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$4.64B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$4.44B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$1.53B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$1.46B	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-125.00M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-70.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-429.00M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-13.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-148.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-156.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-427.00M	USD	3 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-457.00M	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-11.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-67.00M	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-58.00M	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$7.00M	USD	1 Quarter
Bond Tender and Call Premium	`BondTenderPremiumNet`	$-34.00M	USD	3 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`	-	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$8.00M	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$45.00M	USD	3 Qtrs
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	3 Qtrs
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$14.00M	USD	3 Qtrs
Other Income (Expense), Net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-226.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-615.00M	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-172.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-784.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$75.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$80.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$25.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$22.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-695.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-859.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-251.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-194.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.00M	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-199.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-256.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-708.00M	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-875.00M	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.88	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.71	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.26	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.20	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	989.00M	shares	3 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`	996.00M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	998.00M	shares	1 Quarter

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-695.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-859.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-251.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-194.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$611.00M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$128.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$419.00M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$199.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$55.00M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$38.00M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$14.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$11.00M	USD	1 Quarter
Impairment of Long-Lived Assets to be Disposed of	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	3 Qtrs
Impairment of Long-Lived Assets to be Disposed of	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$111.00M	USD	3 Qtrs
Inventory Write-down	`InventoryWriteDown`	$69.00M	USD	3 Qtrs
Inventory Write-down	`InventoryWriteDown`	$66.00M	USD	3 Qtrs
Restructuring Costs and Asset Impairment Charges	`RestructuringCostsAndAssetImpairmentCharges`	$73.00M	USD	3 Qtrs
Restructuring Costs and Asset Impairment Charges	`RestructuringCostsAndAssetImpairmentCharges`	$36.00M	USD	3 Qtrs
Increase (Decrease) in Obligation, Pension Benefits	`IncreaseDecreaseInPensionPlanObligations`	$-47.00M	USD	3 Qtrs
Increase (Decrease) in Obligation, Pension Benefits	`IncreaseDecreaseInPensionPlanObligations`	-	USD	3 Qtrs
Provision for Doubtful Accounts	`ProvisionForDoubtfulAccounts`	$-17.00M	USD	3 Qtrs
Provision for Doubtful Accounts	`ProvisionForDoubtfulAccounts`	$3.00M	USD	3 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	$-34.00M	USD	3 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`	-	USD	3 Qtrs
Deferred Income Tax Benefit	`DeferredIncomeTaxExpenseBenefit`	$-7.00M	USD	3 Qtrs
Deferred Income Tax Benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$8.00M	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$45.00M	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-11.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-67.00M	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-58.00M	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$7.00M	USD	1 Quarter
Other, Net	`OtherNoncashIncomeExpense`	$38.00M	USD	3 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$-71.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$101.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$77.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-33.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$94.00M	USD	3 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-55.00M	USD	3 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$70.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-44.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-90.00M	USD	3 Qtrs
Accrued Litigation and Settlements	`IncreaseDecreaseinAccruedLitigationandSettlements`	$-24.00M	USD	3 Qtrs
Accrued Litigation and Settlements	`IncreaseDecreaseinAccruedLitigationandSettlements`	$-93.00M	USD	3 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-35.00M	USD	3 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-16.00M	USD	3 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$50.00M	USD	3 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$67.00M	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-484.00M	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-347.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$147.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$111.00M	USD	3 Qtrs
Capital Expenditures for and Acquisition of Assets Held for Sale	`IncreaseDecreaseInAssetsHeldForSale`	$244.00M	USD	3 Qtrs
Capital Expenditures for and Acquisition of Assets Held for Sale	`IncreaseDecreaseInAssetsHeldForSale`	$30.00M	USD	3 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-4.00M	USD	3 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.00M	USD	3 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$13.00M	USD	3 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$11.00M	USD	3 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$70.00M	USD	3 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$36.00M	USD	3 Qtrs
Proceeds (Payments) from Sale of Businesses and Equity Investment, Net	`Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet`	$-1.00M	USD	3 Qtrs
Proceeds (Payments) from Sale of Businesses and Equity Investment, Net	`Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet`	$37.00M	USD	3 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$25.00M	USD	3 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.00M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-401.00M	USD	3 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$250.00M	USD	3 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$586.00M	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$471.00M	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$53.00M	USD	3 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$170.00M	USD	3 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$118.00M	USD	3 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	$34.00M	USD	3 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	-	USD	3 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-28.00M	USD	3 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-28.00M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$287.00M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$223.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$6.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-55.00M	USD	3 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-592.00M	USD	3 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-220.00M	USD	3 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$393.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$613.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$445.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$393.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$613.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$445.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Interest Paid	`InterestPaid`	$439.00M	USD	3 Qtrs
Interest Paid	`InterestPaid`	$434.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$87.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$71.00M	USD	3 Qtrs
Capital Lease Obligations Incurred	`CapitalLeaseObligationsIncurred`	$24.00M	USD	3 Qtrs
Capital Lease Obligations Incurred	`CapitalLeaseObligationsIncurred`	$23.00M	USD	3 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-695.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-859.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-251.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-194.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$91.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$165.00M	USD	3 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-170.00M	USD	3 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.00M	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$44.00M	USD	3 Qtrs
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	3 Qtrs
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.00M	USD	1 Quarter
Defined Benefit Pension Activity	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-169.00M	USD	3 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$121.00M	USD	3 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$88.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-203.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-864.00M	USD	3 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-163.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-738.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-168.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-208.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-754.00M	USD	3 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-877.00M	USD	3 Qtrs

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