10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001603923-20-000075`
Period End Date	20200930
Filing Date	20201104
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	wft-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 100 Cash Flow Statement 76 Comprehensive Income 36

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Allowance for Uncollectible Accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$31.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$618.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	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
Restricted Cash	`RestrictedCashCurrent`	$172.00M	USD	Point-in-time
Accumulated Depreciation of Property, Plant and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$284.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $31 at September 30, 2020 and $0 at December 31, 2019	`ReceivablesNetCurrent`	$1.24B	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$133.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $31 at September 30, 2020 and $0 at December 31, 2019	`ReceivablesNetCurrent`	$835.00M	USD	Point-in-time
Accumulated Amortization of Other Intangible Assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$9.00M	USD	Point-in-time
Inventories, Net	`InventoryNet`	$972.00M	USD	Point-in-time
Inventories, Net	`InventoryNet`	$811.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$354.00M	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`	$440.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.45B	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`	$3.29B	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 $284 at September 30, 2020 and $25 at December 31, 2019	`PropertyPlantAndEquipmentNet`	$1.30B	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 $284 at September 30, 2020 and $25 at December 31, 2019	`PropertyPlantAndEquipmentNet`	$2.12B	USD	Point-in-time
Ordinary Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	70.00M	shares	Point-in-time
Ordinary Stock, Outstanding (in shares)	`CommonStockSharesOutstanding`	70.00M	shares	Point-in-time
Goodwill	`Goodwill`	$239.00M	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $133 at September 30, 2020 and $9 at December 31, 2019	`IntangibleAssetsNetExcludingGoodwill`	$1.11B	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $133 at September 30, 2020 and $9 at December 31, 2019	`IntangibleAssetsNetExcludingGoodwill`	$841.00M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$256.00M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$147.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$109.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$79.00M	USD	Point-in-time
Total Assets	`Assets`	$7.29B	USD	Point-in-time
Total Assets	`Assets`	$5.66B	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`	$14.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$585.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$332.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$287.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$270.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$205.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$197.00M	USD	Point-in-time
Current Portion of Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$79.00M	USD	Point-in-time
Current Portion of Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$70.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$516.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$520.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.42B	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`	$2.60B	USD	Point-in-time
Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$213.00M	USD	Point-in-time
Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$183.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$341.00M	USD	Point-in-time
Other Non-Current Liabilities	`OtherLiabilitiesNoncurrent`	$340.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.54B	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 September 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 September 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`	$-26.00M	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.75B	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-63.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.75B	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.70B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$2.88B	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$36.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$36.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.86B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-4.39B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-4.11B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.67B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-5.22B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$5.66B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$7.29B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.97B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$807.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.31B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.84B	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$21.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$107.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$35.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$77.00M	USD	3 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$232.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$651.00M	USD	3 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$710.00M	USD	3 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$180.00M	USD	1 Quarter
Long-lived Asset Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Long-lived Asset Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$20.00M	USD	3 Qtrs
Long-lived Asset Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$7.00M	USD	1 Quarter
Long-lived Asset Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$818.00M	USD	3 Qtrs
Long-lived Asset Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	$13.00M	USD	1 Quarter
Long-lived Asset Impairments	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$239.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$730.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$399.00M	USD	1 Quarter
Inventory Charges	`InventoryWriteDown`	$134.00M	USD	3 Qtrs
Inventory Charges	`InventoryWriteDown`	-	USD	3 Qtrs
Inventory Charges	`InventoryWriteDown`	-	USD	1 Quarter
Inventory Charges	`InventoryWriteDown`	-	USD	1 Quarter
Restructuring, Facility and Severance	`RestructuringCharges`	$31.00M	USD	1 Quarter
Restructuring, Facility and Severance	`RestructuringCharges`	$53.00M	USD	1 Quarter
Restructuring, Facility and Severance	`RestructuringCharges`	$93.00M	USD	3 Qtrs
Restructuring, Facility and Severance	`RestructuringCharges`	$114.00M	USD	3 Qtrs
Prepetition Charges	`PrepetitionCharges`	-	USD	3 Qtrs
Prepetition Charges	`PrepetitionCharges`	-	USD	1 Quarter
Prepetition Charges	`PrepetitionCharges`	$86.00M	USD	3 Qtrs
Prepetition Charges	`PrepetitionCharges`	-	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$15.00M	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$15.00M	USD	3 Qtrs
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$12.00M	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$12.00M	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$-104.00M	USD	3 Qtrs
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	$8.00M	USD	1 Quarter
(Gain) Loss on Sale of Businesses, Net	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$867.00M	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$1.76B	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$4.22B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$4.83B	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.38B	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-60.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-866.00M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-447.00M	USD	1 Quarter
Contractual Interest Expense on Prepetition Liabilities Not Recognized in Statement of Operations	`ContractualInterestExpenseOnPrepetitionLiabilitiesNotRecognizedInStatementOfOperations`	$133.00M	USD	1 Quarter
Contractual Interest Expense on Prepetition Liabilities Not Recognized in Statement of Operations	`ContractualInterestExpenseOnPrepetitionLiabilitiesNotRecognizedInStatementOfOperations`	$133.00M	USD	3 Qtrs
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three and nine months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-26.00M	USD	1 Quarter
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three and nine months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-79.00M	USD	1 Quarter
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three and nine months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-341.00M	USD	3 Qtrs
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three and nine months ended September 30, 2019)	`InterestIncomeExpenseNonoperatingNet`	$-196.00M	USD	3 Qtrs
Reorganization Items	`ReorganizationItems`	$303.00M	USD	3 Qtrs
Reorganization Items	`ReorganizationItems`	-	USD	1 Quarter
Reorganization Items	`ReorganizationItems`	$9.00M	USD	3 Qtrs
Reorganization Items	`ReorganizationItems`	$303.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-8.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-18.00M	USD	3 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-56.00M	USD	3 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-20.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.64B	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-784.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.53B	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-159.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$31.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$76.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$64.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-815.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-167.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.60B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.70B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-1.72B	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-174.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-821.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-1.62B	USD	3 Qtrs
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-24.58	USD	3 Qtrs
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.82	USD	1 Quarter
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.61	USD	3 Qtrs
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.48	USD	1 Quarter
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.00B	shares	3 Qtrs
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	70.00M	shares	3 Qtrs
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	70.00M	shares	1 Quarter
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.00B	shares	1 Quarter
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$100.00M	USD	3 Qtrs
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$16.00M	USD	1 Quarter
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$48.00M	USD	3 Qtrs
Other Cost and Expense, Operating	`OtherCostAndExpenseOperating`	$42.00M	USD	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-815.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-167.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.60B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.70B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$387.00M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$357.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$239.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	$730.00M	USD	3 Qtrs
Goodwill Impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$399.00M	USD	1 Quarter
Impairments and Other Charges	`RestructuringCostsAndAssetImpairmentCharges`	$213.00M	USD	3 Qtrs
Impairments and Other Charges	`RestructuringCostsAndAssetImpairmentCharges`	$1.11B	USD	3 Qtrs
Reorganization Items	`DebtorReorganizationItemsImpairmentLoss`	-	USD	3 Qtrs
Reorganization Items	`DebtorReorganizationItemsImpairmentLoss`	$134.00M	USD	3 Qtrs
Debtor Reorganization Items, Debtor-in-Possession Facility Financing Costs	`DebtorReorganizationItemsDebtorInPossessionFacilityFinancingCosts`	-	USD	3 Qtrs
Debtor Reorganization Items, Debtor-in-Possession Facility Financing Costs	`DebtorReorganizationItemsDebtorInPossessionFacilityFinancingCosts`	$110.00M	USD	3 Qtrs
Gain on Sale Businesses, Net	`GainLossOnSaleOfOtherAssets`	-	USD	3 Qtrs
Gain on Sale Businesses, Net	`GainLossOnSaleOfOtherAssets`	$104.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-358.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$147.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$152.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-105.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-248.00M	USD	3 Qtrs
Other Operating Activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-46.00M	USD	3 Qtrs
Other Operating Activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$111.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$188.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-679.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$177.00M	USD	3 Qtrs
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$80.00M	USD	3 Qtrs
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.00M	USD	3 Qtrs
Payments of Deferred Consideration on the Acquisition of Equity Investment	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$24.00M	USD	3 Qtrs
Payments of Deferred Consideration on the Acquisition of Equity Investment	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	3 Qtrs
Acquisition of Intangible Assets	`PaymentsToAcquireIntangibleAssets`	$12.00M	USD	3 Qtrs
Acquisition of Intangible Assets	`PaymentsToAcquireIntangibleAssets`	$4.00M	USD	3 Qtrs
Proceeds from Disposition of Businesses, Net	`ProceedsFromDivestitureOfBusinesses`	$1.00M	USD	3 Qtrs
Proceeds from Disposition of Businesses, Net	`ProceedsFromDivestitureOfBusinesses`	$319.00M	USD	3 Qtrs
Proceeds from Bond Maturities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Proceeds from Bond Maturities	`PaymentsForProceedsFromOtherInvestingActivities`	$-25.00M	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`	$-89.00M	USD	3 Qtrs
Proceeds from Issuance of Secured Debt	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	3 Qtrs
Proceeds from Issuance of Secured Debt	`ProceedsFromIssuanceOfSecuredDebt`	$457.00M	USD	3 Qtrs
Borrowings (Repayments) of Debtor in Possession Credit Agreement, Net	`ProceedsFromDebtorInPossessionFinancingFacility`	-	USD	3 Qtrs
Borrowings (Repayments) of Debtor in Possession Credit Agreement, Net	`ProceedsFromDebtorInPossessionFinancingFacility`	$1.39B	USD	3 Qtrs
Debtor in Possession Financing Payments and Payments on Backstop Agreement	`DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement`	$110.00M	USD	3 Qtrs
Debtor in Possession Financing Payments and Payments on Backstop Agreement	`DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement`	-	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$317.00M	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$7.00M	USD	3 Qtrs
Repayments of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$-25.00M	USD	3 Qtrs
Repayments of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$-22.00M	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`	$400.00M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$917.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$493.00M	USD	3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$448.00M	USD	3 Qtrs
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.29B	USD	Point-in-time
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`	$1.05B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.29B	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`	$1.05B	USD	Point-in-time
Interest Paid	`InterestPaidNet`	$114.00M	USD	3 Qtrs
Interest Paid	`InterestPaidNet`	$248.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$60.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$65.00M	USD	3 Qtrs

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-815.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-167.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.60B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-477.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.70B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-312.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-72.00M	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.00M	USD	3 Qtrs
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	$8.00M	USD	1 Quarter
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	$8.00M	USD	3 Qtrs
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	3 Qtrs
Other Comprehensive Income, Other, Net of Tax	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$43.00M	USD	3 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$-72.00M	USD	3 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$-20.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$29.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$-95.00M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$33.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.56B	USD	3 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-173.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-835.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.78B	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-841.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-180.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-1.79B	USD	3 Qtrs
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.