10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001603923-19-000095`
Period End Date	20190930
Filing Date	20191030
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	wftq3201910-q093019_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 112 Cash Flow Statement 101 Comprehensive Income 40

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$123.00M	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$110.00M	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.93B	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.79B	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$743.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$785.00M	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$676.00M	USD	Point-in-time
Common Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$602.00M	USD	Point-in-time
Restricted Cash, Current	`RestrictedCashCurrent`	-	USD	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Common Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Restricted Cash, Current	`RestrictedCashCurrent`	$374.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $110 at September 30, 2019 and $123 at December 31, 2018	`ReceivablesNetCurrent`	$1.28B	USD	Point-in-time
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $110 at September 30, 2019 and $123 at December 31, 2018	`ReceivablesNetCurrent`	$1.13B	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
Inventories, Net	`InventoryNet`	$1.13B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$1.02B	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
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	1.00B	shares	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$466.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$428.00M	USD	Point-in-time
Common Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	1.00B	shares	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
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$265.00M	USD	Point-in-time
Assets Held for Sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$5.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.45B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.92B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $5,932 at September 30, 2019 and $5,786 at December 31, 2018	`PropertyPlantAndEquipmentNet`	$1.88B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $5,932 at September 30, 2019 and $5,786 at December 31, 2018	`PropertyPlantAndEquipmentNet`	$2.09B	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Goodwill	`Goodwill`	$713.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$519.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$352.00M	USD	Point-in-time
Total Assets	`Assets`	$6.60B	USD	Point-in-time
Total Assets	`Assets`	$6.32B	USD	Point-in-time
Outstanding borrowings	`DebtorInPossessionFinancingBorrowingsOutstanding`	$1.39B	USD	Point-in-time
Outstanding borrowings	`DebtorInPossessionFinancingBorrowingsOutstanding`	-	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`	$320.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$732.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$627.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$249.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$250.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$214.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$197.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$722.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$600.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.38B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.30B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$7.61B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$59.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$362.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$475.00M	USD	Point-in-time
Total Liabilities Not Subject to Compromise	`Liabilities`	$10.27B	USD	Point-in-time
Total Liabilities Not Subject to Compromise	`Liabilities`	$3.91B	USD	Point-in-time
Liabilities Subject to Compromise	`LiabilitiesSubjectToCompromise`	$7.63B	USD	Point-in-time
Liabilities Subject to Compromise	`LiabilitiesSubjectToCompromise`	-	USD	Point-in-time
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,004 shares at September 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 September 30, 2019 and 1,002 shares at December 31, 2018	`CommonStockValue`	$1.00M	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$6.73B	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$6.71B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-10.29B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-8.67B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.69B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.52B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.70B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.75B	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-3.71B	USD	Point-in-time
Weatherford Shareholders Deficiency	`StockholdersEquity`	$-5.26B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$39.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$38.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-898.00M	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-4.39B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.31B	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`	$-1.51B	USD	Point-in-time
Total Shareholders Deficiency	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-5.22B	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`	$6.32B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Revenue from Contract with Customer	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.37B	USD	1 Quarter
Revenue from Contract with Customer	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.74B	USD	3 Qtrs
Revenue from Contract with Customer	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.04B	USD	3 Qtrs
Total Revenues	`Revenues`	$3.97B	USD	3 Qtrs
Total Revenues	`Revenues`	$1.44B	USD	1 Quarter
Total Revenues	`Revenues`	$4.32B	USD	3 Qtrs
Total Revenues	`Revenues`	$1.31B	USD	1 Quarter
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$2.02B	USD	3 Qtrs
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$1.76B	USD	3 Qtrs
Cost, Direct Material	`CostDirectMaterial`	$1.38B	USD	3 Qtrs
Cost, Direct Material	`CostDirectMaterial`	$1.34B	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$107.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$106.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$35.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$31.00M	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$192.00M	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$591.00M	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$615.00M	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$201.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$31.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$101.00M	USD	3 Qtrs
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$31.00M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$95.00M	USD	3 Qtrs
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$730.00M	USD	3 Qtrs
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	$399.00M	USD	1 Quarter
Goodwill, Impairment Loss	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Prepetition Charges	`PrepetitionCharges`	$86.00M	USD	3 Qtrs
Prepetition Charges	`PrepetitionCharges`	-	USD	1 Quarter
Prepetition Charges	`PrepetitionCharges`	-	USD	1 Quarter
Prepetition Charges	`PrepetitionCharges`	-	USD	3 Qtrs
Asset Write-Downs and Other	`AssetWriteDownandOther`	$71.00M	USD	1 Quarter
Asset Write-Downs and Other	`AssetWriteDownandOther`	$159.00M	USD	3 Qtrs
Asset Write-Downs and Other	`AssetWriteDownandOther`	$42.00M	USD	1 Quarter
Asset Write-Downs and Other	`AssetWriteDownandOther`	$120.00M	USD	3 Qtrs
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$27.00M	USD	1 Quarter
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$93.00M	USD	3 Qtrs
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$53.00M	USD	1 Quarter
Transformation, Facility Restructuring and Severance Charges	`RestructuringCharges`	$90.00M	USD	3 Qtrs
Gain on Operational Assets Sale	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain on Operational Assets Sale	`GainLossOnDispositionOfAssets1`	$15.00M	USD	3 Qtrs
Gain on Operational Assets Sale	`GainLossOnDispositionOfAssets1`	$15.00M	USD	1 Quarter
Gain on Operational Assets Sale	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$104.00M	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-8.00M	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$1.76B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$4.44B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$4.83B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$1.46B	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-13.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-866.00M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-125.00M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-447.00M	USD	1 Quarter
Reorganization Items	`ReorganizationItems`	-	USD	1 Quarter
Reorganization Items	`ReorganizationItems`	-	USD	3 Qtrs
Reorganization Items	`ReorganizationItems`	$303.00M	USD	3 Qtrs
Reorganization Items	`ReorganizationItems`	$303.00M	USD	1 Quarter
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-26.00M	USD	1 Quarter
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-341.00M	USD	3 Qtrs
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-457.00M	USD	3 Qtrs
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-156.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-11.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-67.00M	USD	3 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	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	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$8.00M	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$45.00M	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-18.00M	USD	3 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	3 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-8.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-615.00M	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.53B	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-784.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-172.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$22.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$31.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$80.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$76.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-695.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-242.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.60B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-815.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-194.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.00M	USD	3 Qtrs
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 (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-199.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-708.00M	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-821.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-1.62B	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.82	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.71	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-1.61	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.20	USD	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`	1.00B	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	998.00M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.00B	shares	3 Qtrs

Cash Flow Statement 101 line items

Line Item	Tag	Value	Unit	Period
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$104.00M	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-8.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-695.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-242.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.60B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-815.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-194.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$118.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$357.00M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$128.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$419.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$730.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill Impairment	`GoodwillImpairmentLoss`	$399.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Reorganization Items (Non-Cash)	`DebtorReorganizationItemsImpairmentLoss`	-	USD	3 Qtrs
Reorganization Items (Non-Cash)	`DebtorReorganizationItemsImpairmentLoss`	$134.00M	USD	3 Qtrs
Reorganization Items (Debtor in Possession Financing and Backstop Agreement)	`DebtorReorganizationItemsDebtorInPossessionFacilityFinancingCosts`	-	USD	3 Qtrs
Reorganization Items (Debtor in Possession Financing and Backstop Agreement)	`DebtorReorganizationItemsDebtorInPossessionFacilityFinancingCosts`	$110.00M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$11.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$38.00M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$5.00M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$19.00M	USD	3 Qtrs
Asset Write-Downs and Other	`RestructuringCostsAndAssetImpairmentCharges`	$108.00M	USD	3 Qtrs
Asset Write-Downs and Other	`RestructuringCostsAndAssetImpairmentCharges`	$253.00M	USD	3 Qtrs
Bond Tender and Call Premium	`BondTenderPremiumNet`	-	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	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$8.00M	USD	1 Quarter
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	$45.00M	USD	3 Qtrs
Currency Devaluation Charges	`ForeignCurrencyDevaluationLossbeforeTax`	-	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-11.00M	USD	1 Quarter
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	-	USD	3 Qtrs
Warrant Fair Value Adjustment	`FairValueAdjustmentOfWarrants`	$-67.00M	USD	3 Qtrs
Other Net Income Adjustments	`OtherNoncashIncomeExpense`	$56.00M	USD	3 Qtrs
Other Net Income Adjustments	`OtherNoncashIncomeExpense`	$-42.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$101.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$147.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-33.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$152.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-105.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-90.00M	USD	3 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$67.00M	USD	3 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$160.00M	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-679.00M	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-347.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$141.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$177.00M	USD	3 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisitions of Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-4.00M	USD	3 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$11.00M	USD	3 Qtrs
Acquisition of Intellectual Property	`PaymentsToAcquireIntangibleAssets`	$12.00M	USD	3 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$70.00M	USD	3 Qtrs
Proceeds from Sale of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$80.00M	USD	3 Qtrs
Proceeds from Sale of Businesses, Net	`ProceedsFromDivestitureOfBusinesses`	$319.00M	USD	3 Qtrs
Proceeds from Sale of Businesses, Net	`ProceedsFromDivestitureOfBusinesses`	$37.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$210.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.00M	USD	3 Qtrs
Borrowings (Repayments) of Debtor in Possession Credit Agreement, Net	`ProceedsFromDebtorInPossessionFinancingFacility`	$1.39B	USD	3 Qtrs
Borrowings (Repayments) of Debtor in Possession Credit Agreement, Net	`ProceedsFromDebtorInPossessionFinancingFacility`	-	USD	3 Qtrs
Debtor in Possession Financing Fees and Payments on Backstop Agreement	`DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement`	$110.00M	USD	3 Qtrs
Debtor in Possession Financing Fees and Payments on Backstop Agreement	`DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement`	-	USD	3 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$586.00M	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$317.00M	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$471.00M	USD	3 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$170.00M	USD	3 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$-25.00M	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`	$-17.00M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$917.00M	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`	$-55.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-220.00M	USD	3 Qtrs
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$448.00M	USD	3 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$602.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$613.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$602.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$613.00M	USD	Point-in-time
Interest Paid, Excluding Capitalized Interest, Operating Activities	`InterestPaidNet`	$248.00M	USD	3 Qtrs
Interest Paid, Excluding Capitalized Interest, Operating Activities	`InterestPaidNet`	$439.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$87.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$65.00M	USD	3 Qtrs

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-695.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-259.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-242.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.60B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-815.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-194.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.00M	USD	3 Qtrs
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.00M	USD	1 Quarter
Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-170.00M	USD	3 Qtrs
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	3 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	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	3 Qtrs
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	$8.00M	USD	3 Qtrs
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	$8.00M	USD	1 Quarter
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	Annual
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-165.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-20.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$33.00M	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`	$43.00M	USD	3 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-203.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-835.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-864.00M	USD	3 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.56B	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
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`	$14.00M	USD	3 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-877.00M	USD	3 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-208.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-841.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-1.57B	USD	3 Qtrs

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