10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001603923-20-000064`
Period End Date	20200630
Filing Date	20200814
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	wft-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 91 Cash Flow Statement 71 Comprehensive Income 22

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$618.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$680.00M	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$76.00M	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$25.00M	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$182.00M	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$210.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$95.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $25 at June 30, 2020 and $0 at December 31, 2019	`ReceivablesNetCurrent`	$927.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$9.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $25 at June 30, 2020 and $0 at December 31, 2019	`ReceivablesNetCurrent`	$1.24B	USD	Point-in-time
Inventories, Net	`InventoryNet`	$862.00M	USD	Point-in-time
Inventories, Net	`InventoryNet`	$972.00M	USD	Point-in-time
Ordinary Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary Shares, Par Value (in USD)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$382.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$440.00M	USD	Point-in-time
Ordinary Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Ordinary Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.45B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.93B	USD	Point-in-time
Ordinary Shares, Issued (in shares)	`CommonStockSharesIssued`	70.00M	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $210 at June 30, 2020 and $25 at December 31, 2019	`PropertyPlantAndEquipmentNet`	$2.12B	USD	Point-in-time
Ordinary Shares, Issued (in shares)	`CommonStockSharesIssued`	70.00M	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $210 at June 30, 2020 and $25 at December 31, 2019	`PropertyPlantAndEquipmentNet`	$1.37B	USD	Point-in-time
Ordinary Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	70.00M	shares	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Ordinary Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	70.00M	shares	Point-in-time
Goodwill	`Goodwill`	$239.00M	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $95 at June 30, 2020 and $9 at December 31, 2019	`IntangibleAssetsNetExcludingGoodwill`	$875.00M	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $95 at June 30, 2020 and $9 at December 31, 2019	`IntangibleAssetsNetExcludingGoodwill`	$1.11B	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$155.00M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$256.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$109.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$85.00M	USD	Point-in-time
Total Assets	`Assets`	$5.41B	USD	Point-in-time
Total Assets	`Assets`	$7.29B	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`ShortTermBorrowings`	$13.00M	USD	Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt	`ShortTermBorrowings`	$32.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$384.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$585.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$270.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$269.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$203.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$205.00M	USD	Point-in-time
Current Portion of Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$79.00M	USD	Point-in-time
Current Portion of Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$73.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$465.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$520.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.43B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.67B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$2.15B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$2.15B	USD	Point-in-time
Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$195.00M	USD	Point-in-time
Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$213.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$335.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$341.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.10B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.38B	USD	Point-in-time
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 70 shares at June 30, 2020 and December 31, 2019	`CommonStockValue`	-	USD	Point-in-time
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 70 shares at June 30, 2020 and December 31, 2019	`CommonStockValue`	-	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$2.90B	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$2.90B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.57B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-26.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-57.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.68B	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.75B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$2.88B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$1.27B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$38.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$36.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.86B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.67B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-4.11B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-4.39B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$7.29B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$5.41B	USD	Point-in-time

Income Statement 91 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.04B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$821.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.65B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.31B	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$72.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$23.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$56.00M	USD	2 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$36.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$247.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$223.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$471.00M	USD	2 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$478.00M	USD	2 Qtrs
Long-lived Assets Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$178.00M	USD	1 Quarter
Long-lived Assets Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$13.00M	USD	1 Quarter
Long-lived Assets Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$818.00M	USD	2 Qtrs
Long-lived Assets Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$20.00M	USD	2 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$72.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$331.00M	USD	2 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$167.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$102.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$239.00M	USD	2 Qtrs
Inventory Charges	`InventoryWriteDown`	$134.00M	USD	2 Qtrs
Inventory Charges	`InventoryWriteDown`	$134.00M	USD	1 Quarter
Inventory Charges	`InventoryWriteDown`	-	USD	2 Qtrs
Inventory Charges	`InventoryWriteDown`	-	USD	1 Quarter
Restructuring, Facility and Severance	`RestructuringCharges`	$83.00M	USD	2 Qtrs
Restructuring, Facility and Severance	`RestructuringCharges`	$40.00M	USD	2 Qtrs
Restructuring, Facility and Severance	`RestructuringCharges`	$57.00M	USD	1 Quarter
Restructuring, Facility and Severance	`RestructuringCharges`	$20.00M	USD	1 Quarter
Prepetition Charges	`PrepetitionCharges`	-	USD	1 Quarter
Prepetition Charges	`PrepetitionCharges`	$86.00M	USD	2 Qtrs
Prepetition Charges	`PrepetitionCharges`	-	USD	2 Qtrs
Prepetition Charges	`PrepetitionCharges`	$76.00M	USD	1 Quarter
Gain on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-112.00M	USD	2 Qtrs
Gain on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Gain on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-114.00M	USD	1 Quarter
Gain on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$1.32B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$1.43B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$3.07B	USD	2 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$3.35B	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-118.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-497.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-419.00M	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.32B	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-315.00M	USD	2 Qtrs
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-160.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-59.00M	USD	1 Quarter
Interest Expense, Net	`InterestIncomeExpenseNonoperatingNet`	$-117.00M	USD	2 Qtrs
Reorganization Items	`ReorganizationItems`	-	USD	1 Quarter
Reorganization Items	`ReorganizationItems`	$9.00M	USD	2 Qtrs
Reorganization Items	`ReorganizationItems`	-	USD	2 Qtrs
Reorganization Items	`ReorganizationItems`	-	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-10.00M	USD	2 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-11.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-36.00M	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.48B	USD	2 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-567.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-279.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-744.00M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$56.00M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$33.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$45.00M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$12.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.54B	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-789.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-797.00M	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-316.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-1.55B	USD	2 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-581.00M	USD	1 Quarter
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-8.30	USD	1 Quarter
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.79	USD	2 Qtrs
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-22.10	USD	2 Qtrs
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.31	USD	1 Quarter
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	70.00M	shares	2 Qtrs
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.00B	shares	1 Quarter
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.00B	shares	2 Qtrs
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	70.00M	shares	1 Quarter
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$32.00M	USD	2 Qtrs
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$58.00M	USD	2 Qtrs
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$28.00M	USD	1 Quarter
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$22.00M	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.54B	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-789.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$270.00M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$239.00M	USD	2 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$72.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$331.00M	USD	2 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$167.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$102.00M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$239.00M	USD	2 Qtrs
Long-lived Asset Impairments and Other Charges	`RestructuringCostsAndAssetImpairmentCharges`	$967.00M	USD	2 Qtrs
Long-lived Asset Impairments and Other Charges	`RestructuringCostsAndAssetImpairmentCharges`	$78.00M	USD	2 Qtrs
Gain on Sale Businesses, Net	`GainLossOnSaleOfOtherAssets`	$112.00M	USD	2 Qtrs
Gain on Sale Businesses, Net	`GainLossOnSaleOfOtherAssets`	-	USD	2 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$21.00M	USD	2 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$-10.00M	USD	2 Qtrs
Other Net Income Adjustments	`OtherNoncashIncomeExpense`	$-45.00M	USD	2 Qtrs
Other Net Income Adjustments	`OtherNoncashIncomeExpense`	$-52.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-277.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$84.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$33.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$87.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-197.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$93.00M	USD	2 Qtrs
Other, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-9.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$61.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-478.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.00M	USD	2 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.00M	USD	2 Qtrs
Payments of Deferred Consideration on the Acquisition of Equity Investment	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$24.00M	USD	2 Qtrs
Payments of Deferred Consideration on the Acquisition of Equity Investment	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	2 Qtrs
Acquisition of Intangible Assets	`PaymentsToAcquireIntangibleAssets`	$9.00M	USD	2 Qtrs
Acquisition of Intangible Assets	`PaymentsToAcquireIntangibleAssets`	$2.00M	USD	2 Qtrs
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$45.00M	USD	2 Qtrs
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	2 Qtrs
Proceeds from Disposition of Businesses, Net	`ProceedsFromDivestitureOfBusinesses`	$301.00M	USD	2 Qtrs
Proceeds from Disposition of Businesses, Net	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$223.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.00M	USD	2 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$5.00M	USD	2 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$17.00M	USD	2 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$298.00M	USD	2 Qtrs
Borrowings (Repayments) of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$7.00M	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 (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.00M	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$269.00M	USD	2 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00M	USD	2 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.00M	USD	2 Qtrs
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.00M	USD	2 Qtrs
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-44.00M	USD	2 Qtrs
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$602.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$800.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$618.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$756.00M	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`	$800.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$618.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$756.00M	USD	Point-in-time
Interest Paid	`InterestPaidNet`	$224.00M	USD	2 Qtrs
Interest Paid	`InterestPaidNet`	$112.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$40.00M	USD	2 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$51.00M	USD	2 Qtrs
Non-cash Financing Obligations	`CapitalLeaseObligationsIncurred`	$14.00M	USD	2 Qtrs
Non-cash Financing Obligations	`CapitalLeaseObligationsIncurred`	-	USD	2 Qtrs

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.54B	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-789.00M	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$30.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-66.00M	USD	2 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$63.00M	USD	2 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.60B	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-282.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-550.00M	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`	$10.00M	USD	2 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-552.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-286.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-1.61B	USD	2 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-734.00M	USD	2 Qtrs

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