10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001603923-19-000084`
Period End Date	20190630
Filing Date	20190805
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	wftq2201910-q063019_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 99 Cash Flow Statement 98 Comprehensive Income 32

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$123.00M	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$120.00M	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.79B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.05B	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$618.00M	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
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$602.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $120 at June 30, 2019 and $123 at December 31, 2018	`ReceivablesNetCurrent`	$1.23B	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
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $120 at June 30, 2019 and $123 at December 31, 2018	`ReceivablesNetCurrent`	$1.13B	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Inventories, Net	`InventoryNet`	$1.02B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$1.08B	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$476.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$428.00M	USD	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	1.00B	shares	Point-in-time
Common Shares, Issued (in shares)	`CommonStockSharesIssued`	1.00B	shares	Point-in-time
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$5.00M	USD	Point-in-time
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$265.00M	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	1.00B	shares	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	1.00B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.45B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.41B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $5,687 at June 30, 2019 and $5,786 at December 31, 2018	`PropertyPlantAndEquipmentNet`	$1.98B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $5,687 at June 30, 2019 and $5,786 at December 31, 2018	`PropertyPlantAndEquipmentNet`	$2.09B	USD	Point-in-time
Goodwill	`Goodwill`	$403.00M	USD	Point-in-time
Goodwill	`Goodwill`	$713.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$352.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$588.00M	USD	Point-in-time
Total Assets	`Assets`	$6.60B	USD	Point-in-time
Total Assets	`Assets`	$6.38B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$383.00M	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`DebtCurrent`	$930.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$735.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$732.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$249.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$263.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$214.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$186.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$775.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$722.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.89B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.30B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$7.37B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$7.61B	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$515.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$362.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.27B	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.77B	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,004 shares at June 30, 2019 and 1,002 shares at December 31, 2018	`CommonStockValue`	$1.00M	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,004 shares at June 30, 2019 and 1,002 shares at December 31, 2018	`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`	$6.72B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-8.67B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-9.47B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.52B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.68B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.68B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.75B	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-4.43B	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-3.71B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$37.00M	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`	$-571.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-898.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.31B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-4.39B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-4.11B	USD	Point-in-time
Total Liabilities and Shareholders Deficiency	`LiabilitiesAndStockholdersEquity`	$6.60B	USD	Point-in-time
Total Liabilities and Shareholders Deficiency	`LiabilitiesAndStockholdersEquity`	$6.38B	USD	Point-in-time

Income Statement 99 line items

Line Item	Tag	Value	Unit	Period
Revenue from Contract with Customer	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.68B	USD	2 Qtrs
Revenue from Contract with Customer	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.33B	USD	1 Quarter
Revenue from Contract with Customer	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.49B	USD	2 Qtrs
Total Revenues	`Revenues`	$2.65B	USD	2 Qtrs
Total Revenues	`Revenues`	$1.45B	USD	1 Quarter
Total Revenues	`Revenues`	$2.87B	USD	2 Qtrs
Total Revenues	`Revenues`	$1.31B	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$36.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$75.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$72.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$37.00M	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$215.00M	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$414.00M	USD	2 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$199.00M	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$399.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$70.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$34.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$64.00M	USD	2 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$32.00M	USD	1 Quarter
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$331.00M	USD	2 Qtrs
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$102.00M	USD	1 Quarter
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$229.00M	USD	1 Quarter
Prepetition charges	`Prepetitioncharges`	$86.00M	USD	2 Qtrs
Prepetition charges	`Prepetitioncharges`	$76.00M	USD	1 Quarter
Prepetition charges	`Prepetitioncharges`	-	USD	1 Quarter
Prepetition charges	`Prepetitioncharges`	-	USD	2 Qtrs
Asset Write-Downs and Other	`AssetWriteDownandOther`	$70.00M	USD	1 Quarter
Asset Write-Downs and Other	`AssetWriteDownandOther`	$41.00M	USD	1 Quarter
Asset Write-Downs and Other	`AssetWriteDownandOther`	$78.00M	USD	2 Qtrs
Asset Write-Downs and Other	`AssetWriteDownandOther`	$88.00M	USD	2 Qtrs
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$20.00M	USD	1 Quarter
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$40.00M	USD	2 Qtrs
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$63.00M	USD	2 Qtrs
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$38.00M	USD	1 Quarter
Gain (Loss) on Disposition of Business	`GainLossOnSaleOfBusiness`	$114.00M	USD	1 Quarter
Gain (Loss) on Disposition of Business	`GainLossOnSaleOfBusiness`	$112.00M	USD	2 Qtrs
Gain (Loss) on Disposition of Business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain (Loss) on Disposition of Business	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$2.98B	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$1.52B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$3.07B	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$1.43B	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-112.00M	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-118.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-73.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-419.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-152.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-301.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-160.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-315.00M	USD	2 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-10.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-56.00M	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	$-34.00M	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$11.00M	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$37.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	2 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-15.00M	USD	2 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-10.00M	USD	2 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-7.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-744.00M	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-279.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-233.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-443.00M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$26.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$58.00M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$33.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$45.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-501.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-242.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-789.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-264.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-509.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-316.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-797.00M	USD	2 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.31	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.26	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.79	USD	2 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.51	USD	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	997.00M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.00B	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.00B	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	995.00M	shares	2 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$112.00M	USD	2 Qtrs
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-501.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-242.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-789.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$144.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$239.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$291.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$116.00M	USD	1 Quarter
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$331.00M	USD	2 Qtrs
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$102.00M	USD	1 Quarter
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$229.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$27.00M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$14.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$14.00M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$6.00M	USD	1 Quarter
Impairment of Long-Lived Assets Held-for-use	`ImpairmentOfLongLivedAssetsHeldForUse`	$20.00M	USD	2 Qtrs
Impairment of Long-Lived Assets Held-for-use	`ImpairmentOfLongLivedAssetsHeldForUse`	$92.00M	USD	2 Qtrs
Inventory Write-down	`InventoryWriteDown`	$18.00M	USD	2 Qtrs
Inventory Write-down	`InventoryWriteDown`	$64.00M	USD	2 Qtrs
Restructuring Costs and Asset Impairment Charges	`RestructuringCostsAndAssetImpairmentCharges`	$40.00M	USD	2 Qtrs
Restructuring Costs and Asset Impairment Charges	`RestructuringCostsAndAssetImpairmentCharges`	$17.00M	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	$-34.00M	USD	2 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$11.00M	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$37.00M	USD	2 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	2 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-10.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-56.00M	USD	2 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$-28.00M	USD	2 Qtrs
Other, Net	`OtherNoncashIncomeExpense`	$45.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$84.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$78.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$87.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$93.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$35.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-81.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.00M	USD	2 Qtrs
Accrued Litigation and Settlements	`IncreaseDecreaseinAccruedLitigationandSettlements`	$-23.00M	USD	2 Qtrs
Accrued Litigation and Settlements	`IncreaseDecreaseinAccruedLitigationandSettlements`	$-9.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-25.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-28.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$23.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-34.00M	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-478.00M	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-315.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$86.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.00M	USD	2 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-4.00M	USD	2 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$9.00M	USD	2 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$7.00M	USD	2 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$45.00M	USD	2 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$50.00M	USD	2 Qtrs
Proceeds from Divestiture of Businesses	`ProceedsFromDivestitureOfBusinesses`	$301.00M	USD	2 Qtrs
Proceeds from Divestiture of Businesses	`ProceedsFromDivestitureOfBusinesses`	$25.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$223.00M	USD	2 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$588.00M	USD	2 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$455.00M	USD	2 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$17.00M	USD	2 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$87.00M	USD	2 Qtrs
Borrowings of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$298.00M	USD	2 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	-	USD	2 Qtrs
Bond Tender Premium	`PaymentsforBondTenderPremium`	$34.00M	USD	2 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.00M	USD	2 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$269.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$172.00M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-41.00M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.00M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$16.00M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-198.00M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$618.00M	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 Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$602.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$618.00M	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
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$602.00M	USD	Point-in-time
Interest Paid	`InterestPaid`	$224.00M	USD	2 Qtrs
Interest Paid	`InterestPaid`	$273.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$51.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$66.00M	USD	2 Qtrs

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-501.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-242.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-789.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-161.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-166.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$63.00M	USD	2 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$30.00M	USD	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	2 Qtrs
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$33.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$-165.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$-160.00M	USD	2 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$63.00M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-282.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-661.00M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-424.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-726.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	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`	$-734.00M	USD	2 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-286.00M	USD	1 Quarter

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