10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001603923-21-000102`
Period End Date	20210930
Filing Date	20211102
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	wfrd-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 80 Cash Flow Statement 78 Comprehensive Income 24

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.00M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.00M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$367.00M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$570.00M	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$155.00M	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$167.00M	USD	Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$289.00M	USD	Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$173.00M	USD	Point-in-time
Receivables, Net, Current	`ReceivablesNetCurrent`	$816.00M	USD	Point-in-time
Receivables, Net, Current	`ReceivablesNetCurrent`	$826.00M	USD	Point-in-time
Inventory, Net	`InventoryNet`	$717.00M	USD	Point-in-time
Inventory, Net	`InventoryNet`	$681.00M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other Assets, Current	`OtherAssetsCurrent`	$301.00M	USD	Point-in-time
Other Assets, Current	`OtherAssetsCurrent`	$349.00M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.18B	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.24B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $570 at September 30, 2021 and $367 at December 31, 2020	`PropertyPlantAndEquipmentNet`	$1.24B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $570 at September 30, 2021 and $367 at December 31, 2020	`PropertyPlantAndEquipmentNet`	$1.02B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	70.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	70.00M	shares	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $289 at September 30, 2021 and $173 at December 31, 2020	`IntangibleAssetsNetExcludingGoodwill`	$695.00M	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $289 at September 30, 2021 and $173 at December 31, 2020	`IntangibleAssetsNetExcludingGoodwill`	$810.00M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	70.00M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	70.00M	shares	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$138.00M	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$117.00M	USD	Point-in-time
Other Assets, Noncurrent	`OtherAssetsNoncurrent`	$73.00M	USD	Point-in-time
Other Assets, Noncurrent	`OtherAssetsNoncurrent`	$70.00M	USD	Point-in-time
Total Assets	`Assets`	$5.43B	USD	Point-in-time
Total Assets	`Assets`	$5.15B	USD	Point-in-time
Short-term Debt	`ShortTermBorrowings`	$13.00M	USD	Point-in-time
Short-term Debt	`ShortTermBorrowings`	$211.00M	USD	Point-in-time
Accounts Payable, Current	`AccountsPayableCurrent`	$350.00M	USD	Point-in-time
Accounts Payable, Current	`AccountsPayableCurrent`	$325.00M	USD	Point-in-time
Employee-related Liabilities, Current	`EmployeeRelatedLiabilitiesCurrent`	$317.00M	USD	Point-in-time
Employee-related Liabilities, Current	`EmployeeRelatedLiabilitiesCurrent`	$297.00M	USD	Point-in-time
Taxes Payable, Current	`TaxesPayableCurrent`	$139.00M	USD	Point-in-time
Taxes Payable, Current	`TaxesPayableCurrent`	$185.00M	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$63.00M	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$71.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$471.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$444.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.52B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.36B	USD	Point-in-time
Long-term Debt and Lease Obligation	`LongTermDebtAndCapitalLeaseObligations`	$2.60B	USD	Point-in-time
Long-term Debt and Lease Obligation	`LongTermDebtAndCapitalLeaseObligations`	$2.43B	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$177.00M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$135.00M	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$357.00M	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$411.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.50B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.50B	USD	Point-in-time
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 70 shares at September 30, 2021 and December 31, 2020	`CommonStockValue`	-	USD	Point-in-time
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 70 shares at September 30, 2021 and December 31, 2020	`CommonStockValue`	-	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$2.90B	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$2.90B	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.24B	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.95B	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-63.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$907.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$621.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$26.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$30.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.86B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$759.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$647.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$821.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$937.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$5.43B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$5.15B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.68B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$807.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$945.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.84B	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$21.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$77.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$63.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$21.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$651.00M	USD	3 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$175.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$180.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$551.00M	USD	3 Qtrs
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.06B	USD	3 Qtrs
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	-	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	$114.00M	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	$31.00M	USD	1 Quarter
Other Nonrecurring (Income) Expense	`OtherNonrecurringIncomeExpense`	$-8.00M	USD	1 Quarter
Other Nonrecurring (Income) Expense	`OtherNonrecurringIncomeExpense`	$4.00M	USD	1 Quarter
Other Nonrecurring (Income) Expense	`OtherNonrecurringIncomeExpense`	$-16.00M	USD	3 Qtrs
Other Nonrecurring (Income) Expense	`OtherNonrecurringIncomeExpense`	$170.00M	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$4.22B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$2.60B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$874.00M	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$867.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$71.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.38B	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$83.00M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-60.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$64.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$181.00M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$69.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$211.00M	USD	3 Qtrs
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	$-59.00M	USD	1 Quarter
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	$-59.00M	USD	3 Qtrs
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on Termination of ABL Credit Agreement [Line Items]	`LossOnTerminationOfABLCreditAgreement`	-	USD	3 Qtrs
Loss on Termination of ABL Credit Agreement [Line Items]	`LossOnTerminationOfABLCreditAgreement`	$15.00M	USD	3 Qtrs
Loss on Termination of ABL Credit Agreement [Line Items]	`LossOnTerminationOfABLCreditAgreement`	-	USD	1 Quarter
Loss on Termination of ABL Credit Agreement [Line Items]	`LossOnTerminationOfABLCreditAgreement`	$15.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-65.00M	USD	3 Qtrs
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-20.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-4.00M	USD	1 Quarter
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-19.00M	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-206.00M	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.64B	USD	3 Qtrs
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-61.00M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-159.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$64.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$28.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$66.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-1.70B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-73.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-167.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-272.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-89.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-110.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00M	USD	1 Quarter
Net Loss Attributable to Weatherford	`NetIncomeLoss`	$-95.00M	USD	1 Quarter
Net Loss Attributable to Weatherford	`NetIncomeLoss`	$-289.00M	USD	3 Qtrs
Net Loss Attributable to Weatherford	`NetIncomeLoss`	$-1.72B	USD	3 Qtrs
Net Loss Attributable to Weatherford	`NetIncomeLoss`	$-174.00M	USD	1 Quarter
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-4.13	USD	3 Qtrs
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.48	USD	1 Quarter
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.36	USD	1 Quarter
Loss Per Share, Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-24.58	USD	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	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`	70.00M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-1.70B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-73.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-167.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-272.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-89.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-110.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$337.00M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$387.00M	USD	3 Qtrs
Gain (Loss) on Extinguishment of Debt, before Write off of Debt Issuance Cost	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	-	USD	3 Qtrs
Gain (Loss) on Extinguishment of Debt, before Write off of Debt Issuance Cost	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	$-37.00M	USD	3 Qtrs
Bond Redemption Premium Expense Add Back for Cash Flows	`BondRedemptionPremiumExpenseAddBackForCashFlows`	$22.00M	USD	3 Qtrs
Bond Redemption Premium Expense Add Back for Cash Flows	`BondRedemptionPremiumExpenseAddBackForCashFlows`	-	USD	3 Qtrs
Cash Flow Expense Add Back for Loss on Termination of ABL Credit Agreement	`CashFlowExpenseAddBackForLossOnTerminationOfABLCreditAgreement`	$15.00M	USD	3 Qtrs
Cash Flow Expense Add Back for Loss on Termination of ABL Credit Agreement	`CashFlowExpenseAddBackForLossOnTerminationOfABLCreditAgreement`	-	USD	3 Qtrs
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.06B	USD	3 Qtrs
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment, Long-Lived Asset, Held-for-Use	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Inventory Charges	`InventoryWriteDown`	$11.00M	USD	1 Quarter
Inventory Charges	`InventoryWriteDown`	$166.00M	USD	3 Qtrs
Inventory Charges	`InventoryWriteDown`	$28.00M	USD	1 Quarter
Inventory Charges	`InventoryWriteDown`	$50.00M	USD	3 Qtrs
Gain (Loss) on Disposition of Other Assets	`GainLossOnSaleOfOtherAssets`	$-8.00M	USD	3 Qtrs
Gain (Loss) on Disposition of Other Assets	`GainLossOnSaleOfOtherAssets`	$22.00M	USD	3 Qtrs
Deferred Income Tax Expense (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$15.00M	USD	3 Qtrs
Deferred Income Tax Expense (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$10.00M	USD	3 Qtrs
Employee Benefits and Share-based Compensation	`EmployeeBenefitsAndShareBasedCompensation`	-	USD	3 Qtrs
Employee Benefits and Share-based Compensation	`EmployeeBenefitsAndShareBasedCompensation`	$13.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-358.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$14.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$27.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$-248.00M	USD	3 Qtrs
Other Assets and Liabilities, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-36.00M	USD	3 Qtrs
Other Assets and Liabilities, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-143.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$234.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$188.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.00M	USD	3 Qtrs
Proceeds from Disposition of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.00M	USD	3 Qtrs
Proceeds from Disposition of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$39.00M	USD	3 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-22.00M	USD	3 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.00M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.00M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.00M	USD	3 Qtrs
Proceeds from Issuance of Secured Debt	`ProceedsFromIssuanceOfSecuredDebt`	$457.00M	USD	3 Qtrs
Proceeds from Issuance of Secured Debt	`ProceedsFromIssuanceOfSecuredDebt`	$491.00M	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$7.00M	USD	3 Qtrs
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$510.00M	USD	3 Qtrs
Repayments of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$-4.00M	USD	3 Qtrs
Repayments of Short-term Debt, Net	`ProceedsFromRepaymentsOfShortTermDebt`	$-22.00M	USD	3 Qtrs
Payment for Debt Extinguishment or Debt Prepayment Cost	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Payment for Debt Extinguishment or Debt Prepayment Cost	`PaymentsOfDebtExtinguishmentCosts`	$22.00M	USD	3 Qtrs
Deferred Consideration Payment	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Deferred Consideration Payment	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$24.00M	USD	3 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-28.00M	USD	3 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-20.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities, Total	`NetCashProvidedByUsedInFinancingActivities`	$376.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities, Total	`NetCashProvidedByUsedInFinancingActivities`	$-65.00M	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`	$-6.00M	USD	3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$161.00M	USD	3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$493.00M	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`	$1.28B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	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 End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.29B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$800.00M	USD	Point-in-time
Interest Paid	`InterestPaidNet`	$171.00M	USD	3 Qtrs
Interest Paid	`InterestPaidNet`	$114.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$44.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$60.00M	USD	3 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-1.70B	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-73.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-167.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-272.00M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-89.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-110.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-958.00M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-579.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-72.00M	USD	3 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-100.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-173.00M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.78B	USD	3 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-272.00M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.00M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-106.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-289.00M	USD	3 Qtrs
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-180.00M	USD	1 Quarter
Comprehensive Loss Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-1.79B	USD	3 Qtrs

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