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10-K Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 FY 2018
Filing Information
Form Type 10-K
Accession Number 0001603923-19-000025
Period End Date 20181231
Filing Date 20190215
Fiscal Year 2018
Fiscal Period FY
XBRL Instance wft-20181231.xml
Balance Sheet 79 line items
Line Item Tag Value Unit Period
Allowance for Uncollectible Accounts AllowanceForDoubtfulAccountsReceivableCurrent $156.00M USD Point-in-time
Allowance for Uncollectible Accounts AllowanceForDoubtfulAccountsReceivableCurrent $123.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $602.00M USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $6.60B USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $467.00M USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $5.79B USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $613.00M USD Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $123 in 2018 and $156 in 2017 ReceivablesNetCurrent $1.13B USD Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $123 in 2018 and $156 in 2017 ReceivablesNetCurrent $1.10B USD Point-in-time
Inventories, Net InventoryNet $1.02B USD Point-in-time
Common Shares, Par Value (in USD per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Inventories, Net InventoryNet $1.23B USD Point-in-time
Common Shares, Par Value (in USD per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common Shares, Authorized (in shares) CommonStockSharesAuthorized 1.36B shares Point-in-time
Other Current Assets OtherAssetsCurrent $428.00M USD Point-in-time
Other Current Assets OtherAssetsCurrent $569.00M USD Point-in-time
Common Shares, Authorized (in shares) CommonStockSharesAuthorized 1.36B shares Point-in-time
Disposal Group, Including Discontinued Operation, Assets, Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $265.00M USD Point-in-time
Disposal Group, Including Discontinued Operation, Assets, Current 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
Common Shares, Outstanding (in shares) CommonStockSharesOutstanding 1.00B shares Point-in-time
Total Current Assets AssetsCurrent $3.88B USD Point-in-time
Total Current Assets AssetsCurrent $3.45B USD Point-in-time
Common Shares, Outstanding (in shares) CommonStockSharesOutstanding 993.00M shares Point-in-time
Rental and Service Equipment RentalandServiceEquipmentGross $5.62B USD Point-in-time
Rental and Service Equipment RentalandServiceEquipmentGross $4.87B USD Point-in-time
Property, Plant and Equipment, Gross PropertyPlantAndEquipmentGross $7.87B USD Point-in-time
Property, Plant and Equipment, Gross PropertyPlantAndEquipmentGross $9.31B USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $6.60B USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $5.79B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $2.09B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $2.71B USD Point-in-time
Goodwill Goodwill $2.73B USD Point-in-time
Goodwill Goodwill $713.00M USD Point-in-time
Goodwill Goodwill $2.80B USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $434.00M USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $352.00M USD Point-in-time
Total Assets Assets $9.75B USD Point-in-time
Total Assets Assets $6.60B 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 $383.00M USD Point-in-time
Accounts Payable AccountsPayableCurrent $732.00M 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 $249.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $228.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $214.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $722.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $690.00M 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 and Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations $7.61B USD Point-in-time
Long-term Debt and Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations $7.54B USD Point-in-time
Other Non-current Liabilities OtherLiabilitiesNoncurrent $547.00M USD Point-in-time
Other Non-current Liabilities OtherLiabilitiesNoncurrent $362.00M USD Point-in-time
Total Liabilities Liabilities $10.32B USD Point-in-time
Total Liabilities Liabilities $10.27B USD Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,002 shares and 993 shares at December 31, 2018 and 2017, respectively CommonStockValue $1.00M USD Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,002 shares and 993 shares at December 31, 2018 and 2017, respectively CommonStockValue $1.00M USD Point-in-time
Capital in Excess of Par Value AdditionalPaidInCapitalCommonStock $6.71B USD Point-in-time
Capital in Excess of Par Value AdditionalPaidInCapitalCommonStock $6.66B USD Point-in-time
Capital in Excess of Par Value AdditionalPaidInCapitalCommonStock $271.00M USD Point-in-time
Retained Deficit RetainedEarningsAccumulatedDeficit $-8.67B 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 $-1.75B USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.52B USD Point-in-time
Weatherford Shareholders Deficiency StockholdersEquity $-3.71B USD Point-in-time
Weatherford Shareholders Deficiency StockholdersEquity $-626.00M USD Point-in-time
Noncontrolling Interests MinorityInterest $55.00M USD Point-in-time
Noncontrolling Interests MinorityInterest $39.00M USD Point-in-time
Total Shareholders Deficiency StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-3.67B USD Point-in-time
Total Shareholders Deficiency StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Total Shareholders Deficiency StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Total Shareholders Deficiency StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-571.00M USD Point-in-time
Total Liabilities and Shareholders Deficiency LiabilitiesAndStockholdersEquity $9.75B USD Point-in-time
Total Liabilities and Shareholders Deficiency LiabilitiesAndStockholdersEquity $6.60B USD Point-in-time
Income Statement 101 line items
Line Item Tag Value Unit Period
Revenue from Contract with Customer, Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax $5.41B USD Annual
Total Revenues Revenues $5.75B USD Annual
Total Revenues Revenues $1.45B USD 1 Quarter
Total Revenues Revenues $1.42B USD 1 Quarter
Total Revenues Revenues $5.74B USD Annual
Total Revenues Revenues $1.44B USD 1 Quarter
Total Revenues Revenues $5.70B USD Annual
Total Revenues Revenues $1.36B USD 1 Quarter
Total Revenues Revenues $1.46B USD 1 Quarter
Total Revenues Revenues $1.43B USD 1 Quarter
Total Revenues Revenues $1.39B USD 1 Quarter
Total Revenues Revenues $1.49B USD 1 Quarter
Cost, Direct Material CostDirectMaterial $2.14B USD Annual
Cost, Direct Material CostDirectMaterial $2.14B USD Annual
Cost, Direct Material CostDirectMaterial $1.89B USD Annual
Cost of Services, Oil and Gas CostOfServicesOilAndGas $2.75B USD Annual
Cost of Services, Oil and Gas CostOfServicesOilAndGas $2.63B USD Annual
Cost of Services, Oil and Gas CostOfServicesOilAndGas $3.05B USD Annual
Research and Development ResearchAndDevelopmentExpense $158.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $159.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $139.00M USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $764.00M USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $965.00M USD Annual
Selling, General and Administrative Attributable to Segments SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $904.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $138.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $130.00M USD Annual
Corporate General and Administrative GeneralAndAdministrativeExpense $130.00M USD Annual
Goodwill, Impairment Loss GoodwillImpairmentLoss - USD Annual
Goodwill, Impairment Loss GoodwillImpairmentLoss - USD Annual
Goodwill, Impairment Loss GoodwillImpairmentLoss $1.92B USD Annual
Asset Write Down and Other AssetWriteDownandOther $1.04B USD Annual
Asset Write Down and Other AssetWriteDownandOther $1.71B USD Annual
Asset Write Down and Other AssetWriteDownandOther $238.00M USD Annual
Restructuring and Transformation Charges RestructuringCharges $126.00M USD Annual
Restructuring and Transformation Charges RestructuringCharges $280.00M USD Annual
Restructuring and Transformation Charges RestructuringCharges $183.00M USD Annual
Litigation Charges, Net LossContingencyAccrualProvision - USD Annual
Litigation Charges, Net LossContingencyAccrualProvision $220.00M USD Annual
Litigation Charges, Net LossContingencyAccrualProvision $-10.00M USD Annual
Gain from Disposition of U.S. Pressure Pumping Assets GainLossOnSaleOfBusiness - USD Annual
Gain from Disposition of U.S. Pressure Pumping Assets GainLossOnSaleOfBusiness - USD Annual
Gain from Disposition of U.S. Pressure Pumping Assets GainLossOnSaleOfBusiness $96.00M USD Annual
Total Costs and Expenses CostsAndExpenses $7.99B USD Annual
Total Costs and Expenses CostsAndExpenses $7.87B USD Annual
Total Costs and Expenses CostsAndExpenses $7.83B USD Annual
Operating Loss OperatingIncomeLoss $-2.17B USD Annual
Operating Loss OperatingIncomeLoss $-2.08B USD Annual
Operating Loss OperatingIncomeLoss $-2.25B USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-499.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-579.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-614.00M USD Annual
Warrant Fair Value Adjustment FairValueAdjustmentOfWarrants $-70.00M USD Annual
Warrant Fair Value Adjustment FairValueAdjustmentOfWarrants $-86.00M USD Annual
Warrant Fair Value Adjustment FairValueAdjustmentOfWarrants $-16.00M USD Annual
Bond Tender and Call Premium BondTenderPremiumNet $-78.00M USD Annual
Bond Tender and Call Premium BondTenderPremiumNet - USD Annual
Bond Tender and Call Premium BondTenderPremiumNet $-34.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $49.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax - USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $-46.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $-30.00M USD Annual
Other Income (Expense), Net OtherNonoperatingIncomeExpense $7.00M USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.88B USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.66B USD Annual
Loss Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.76B USD Annual
Income Tax Provision IncomeTaxExpenseBenefit $137.00M USD Annual
Income Tax Provision IncomeTaxExpenseBenefit $34.00M USD Annual
Income Tax Provision IncomeTaxExpenseBenefit $496.00M USD Annual
Net Loss ProfitLoss $-2.79B USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Net Loss ProfitLoss $-2.79B USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $20.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $20.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $19.00M USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-448.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-171.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-256.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-2.81B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-1.94B USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-245.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-2.81B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-2.10B USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-264.00M USD 1 Quarter
Net Loss Attributable to Weatherford NetIncomeLoss $-3.39B USD Annual
Net Loss Attributable to Weatherford NetIncomeLoss $-199.00M USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.45 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-2.84 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-2.10 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.26 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-1.95 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.20 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.26 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.25 USD 1 Quarter
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-2.82 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-3.82 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.17 USD 1 Quarter
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 990.00M shares Annual
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 997.00M shares Annual
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 887.00M shares Annual
Cash Flow Statement 149 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 $-2.79B USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $556.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $956.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $801.00M USD Annual
Goodwill, Impairment Loss GoodwillImpairmentLoss - USD Annual
Goodwill, Impairment Loss GoodwillImpairmentLoss - USD Annual
Goodwill, Impairment Loss GoodwillImpairmentLoss $1.92B USD Annual
Long-Lived Asset Impairments ImpairmentOfLongLivedAssetsHeldForUse $151.00M USD Annual
Long-Lived Asset Impairments ImpairmentOfLongLivedAssetsHeldForUse $928.00M USD Annual
Long-Lived Asset Impairments ImpairmentOfLongLivedAssetsHeldForUse $436.00M USD Annual
Allowance for Doubtful Accounts Receivable, Write-offs AllowanceForDoubtfulAccountsReceivableWriteOffs - USD Annual
Allowance for Doubtful Accounts Receivable, Write-offs AllowanceForDoubtfulAccountsReceivableWriteOffs - USD Annual
Allowance for Doubtful Accounts Receivable, Write-offs AllowanceForDoubtfulAccountsReceivableWriteOffs $230.00M USD Annual
Inventory Write-down InventoryWriteDown $540.00M USD Annual
Inventory Write-down InventoryWriteDown $269.00M USD Annual
Inventory Write-down InventoryWriteDown $80.00M USD Annual
Asset Write-Downs and Other Charges RestructuringCostsAndAssetImpairmentCharges $194.00M USD Annual
Asset Write-Downs and Other Charges RestructuringCostsAndAssetImpairmentCharges $89.00M USD Annual
Asset Write-Downs and Other Charges RestructuringCostsAndAssetImpairmentCharges $38.00M USD Annual
Increase (Decrease) in Obligation, Pension Benefits IncreaseDecreaseInPensionPlanObligations - USD Annual
Increase (Decrease) in Obligation, Pension Benefits IncreaseDecreaseInPensionPlanObligations $-47.00M USD Annual
Increase (Decrease) in Obligation, Pension Benefits IncreaseDecreaseInPensionPlanObligations - USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $49.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax $41.00M USD Annual
Currency Devaluation Charges ForeignCurrencyDevaluationLossbeforeTax - USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $214.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $-10.00M USD Annual
Litigation Settlement, Expense LitigationSettlementExpense $5.00M USD Annual
Bond Tender and Call Premium BondTenderPremiumNet $-78.00M USD Annual
Bond Tender and Call Premium BondTenderPremiumNet - USD Annual
Bond Tender and Call Premium BondTenderPremiumNet $-34.00M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $87.00M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $47.00M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $70.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $8.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $5.00M USD Annual
Bad Debt Expense ProvisionForDoubtfulAccounts $69.00M USD Annual
Gain on Sale of Assets and Businesses, Net GainLossOnDispositionOfAssets1 $91.00M USD Annual
Gain on Sale of Assets and Businesses, Net GainLossOnDispositionOfAssets1 $53.00M USD Annual
Gain on Sale of Assets and Businesses, Net GainLossOnDispositionOfAssets1 $10.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $381.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-79.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-25.00M USD Annual
Warrant Fair Value Adjustment FairValueAdjustmentOfWarrants $-70.00M USD Annual
Warrant Fair Value Adjustment FairValueAdjustmentOfWarrants $-86.00M USD Annual
Warrant Fair Value Adjustment FairValueAdjustmentOfWarrants $-16.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-8.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-127.00M USD Annual
Other, Net OtherNoncashIncomeExpense $-142.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $70.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-214.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $29.00M USD Annual
Inventories IncreaseDecreaseInInventories $-86.00M USD Annual
Inventories IncreaseDecreaseInInventories $-260.00M USD Annual
Inventories IncreaseDecreaseInInventories $37.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $90.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $-67.00M USD Annual
Other Current Assets IncreaseDecreaseInOtherCurrentAssets $-107.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-90.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-2.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-21.00M USD Annual
Increase (Decrease) in Accrued Litigation and Settlements IncreaseDecreaseinAccruedLitigationandSettlements $-25.00M USD Annual
Increase (Decrease) in Accrued Litigation and Settlements IncreaseDecreaseinAccruedLitigationandSettlements $-123.00M USD Annual
Increase (Decrease) in Accrued Litigation and Settlements IncreaseDecreaseinAccruedLitigationandSettlements $-94.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $48.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $-201.00M USD Annual
Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities $20.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $49.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $29.00M USD Annual
Other, Net IncreaseDecreaseInOtherOperatingCapitalNet $-18.00M USD Annual
Net Cash Used in Operating Activities NetCashProvidedByUsedInOperatingActivities $-388.00M USD Annual
Net Cash Used in Operating Activities NetCashProvidedByUsedInOperatingActivities $-304.00M USD Annual
Net Cash Used in Operating Activities NetCashProvidedByUsedInOperatingActivities $-242.00M USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $186.00M USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $225.00M USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $204.00M USD Annual
Increase (Decrease) in Assets Held-for-sale IncreaseDecreaseInAssetsHeldForSale $31.00M USD Annual
Increase (Decrease) in Assets Held-for-sale IncreaseDecreaseInAssetsHeldForSale $244.00M USD Annual
Increase (Decrease) in Assets Held-for-sale IncreaseDecreaseInAssetsHeldForSale - USD Annual
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 $-4.00M USD Annual
Acquisition of Intangible Assets PaymentsToAcquireIntangibleAssets $28.00M USD Annual
Acquisition of Intangible Assets PaymentsToAcquireIntangibleAssets $15.00M USD Annual
Acquisition of Intangible Assets PaymentsToAcquireIntangibleAssets $10.00M USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities - USD Annual
Proceeds from Insurance Settlement, Investing Activities ProceedsFromInsuranceSettlementInvestingActivities $39.00M USD Annual
Proceeds (Payment) from Disposition of Businesses and Investments PaymentsForProceedsFromBusinessesAndInterestInAffiliates $-257.00M USD Annual
Proceeds (Payment) from Disposition of Businesses and Investments PaymentsForProceedsFromBusinessesAndInterestInAffiliates $-429.00M USD Annual
Proceeds (Payment) from Disposition of Businesses and Investments PaymentsForProceedsFromBusinessesAndInterestInAffiliates $6.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $49.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $51.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $106.00M USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $51.00M USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities - USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities - USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-137.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $122.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-62.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $586.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $250.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $3.68B USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $69.00M USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $502.00M USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $1.96B USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $158.00M USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-128.00M USD Annual
Borrowings (Repayments) of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-1.51B USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock - USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock - USD Annual
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock $1.07B USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium $78.00M USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium $34.00M USD Annual
Payments for Bond Tender Premium PaymentsforBondTenderPremium - USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease - USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease $87.00M USD Annual
Payments to Acquire Equipment on Lease PaymentsToAcquireEquipmentOnLease - USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-40.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-51.00M 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 $168.00M USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $20.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $6.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-59.00M 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 $-11.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $570.00M USD Annual
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-424.00M USD Annual
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $602.00M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $1.04B USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $467.00M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $613.00M USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $602.00M 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 $467.00M USD Point-in-time
Cash and Cash Equivalents at End of Year CashAndCashEquivalentsAtCarryingValue $613.00M USD Point-in-time
Interest Paid, Including Capitalized Interest, Operating and Investing Activities InterestPaid $467.00M USD Annual
Interest Paid, Including Capitalized Interest, Operating and Investing Activities InterestPaid $538.00M USD Annual
Interest Paid, Including Capitalized Interest, Operating and Investing Activities InterestPaid $584.00M USD Annual
Income Taxes Paid, Net IncomeTaxesPaidNet $161.00M USD Annual
Income Taxes Paid, Net IncomeTaxesPaidNet $99.00M USD Annual
Income Taxes Paid, Net IncomeTaxesPaidNet $87.00M USD Annual
Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred $25.00M USD Annual
Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred $24.00M USD Annual
Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred $23.00M USD Annual
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-3.67B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-571.00M USD Point-in-time
Net Loss ProfitLoss $-2.79B USD Annual
Net Loss ProfitLoss $-3.37B USD Annual
Net Loss ProfitLoss $-2.79B USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $91.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $31.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-227.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $24.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $16.00M 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
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $78.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $52.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $84.00M USD Annual
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1 $-97.00M USD Point-in-time
Stockholders' Equity, Other StockholdersEquityOther $16.00M USD Annual
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-3.67B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.37B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-571.00M 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 $-2.79B USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $130.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-12.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-240.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-12.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-42.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $39.00M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $1.00M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax - USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $1.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $91.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $31.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $-227.00M USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.34B USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.02B USD Annual
Comprehensive Loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.70B USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $19.00M USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $20.00M USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $20.00M USD Annual
Comprehensive Loss Attributable to Weatherford ComprehensiveIncomeNetOfTax $-3.04B USD Annual
Comprehensive Loss Attributable to Weatherford ComprehensiveIncomeNetOfTax $-2.72B 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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