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10-K Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 FY 2021
Filing Information
Form Type 10-K
Accession Number 0001603923-22-000051
Period End Date 20211231
Filing Date 20220217
Fiscal Year 2021
Fiscal Period FY
XBRL Instance wfrd-20211231_htm.xml
Balance Sheet 81 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 $31.00M USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $623.00M USD Point-in-time
Less: Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $367.00M USD Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $328.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $1.12B USD Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $173.00M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $951.00M USD Point-in-time
Restricted Cash RestrictedCashCurrent $167.00M USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Restricted Cash RestrictedCashCurrent $162.00M USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Total Accounts Receivables, Net AccountsReceivableNetCurrent $825.00M USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 1.36B shares Point-in-time
Total Accounts Receivables, Net AccountsReceivableNetCurrent $826.00M USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 1.36B shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 70.00M shares Point-in-time
Inventories, Net InventoryNet $670.00M USD Point-in-time
Inventories, Net InventoryNet $717.00M USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 70.00M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 70.00M shares Point-in-time
Other Current Assets OtherAssetsCurrent $303.00M USD Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 70.00M shares Point-in-time
Other Current Assets OtherAssetsCurrent $349.00M USD Point-in-time
Total Current Assets AssetsCurrent $2.91B USD Point-in-time
Total Current Assets AssetsCurrent $3.18B USD Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $623 at December 31, 2021 and $367 at December 31, 2020 PropertyPlantAndEquipmentNet $996.00M USD Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $623 at December 31, 2021 and $367 at December 31, 2020 PropertyPlantAndEquipmentNet $1.24B USD Point-in-time
Intangible Assets, Net of Accumulated Amortization of $328 at December 31, 2021 and $173 at December 31, 2020 IntangibleAssetsNetExcludingGoodwill $657.00M USD Point-in-time
Intangible Assets, Net of Accumulated Amortization of $328 at December 31, 2021 and $173 at December 31, 2020 IntangibleAssetsNetExcludingGoodwill $810.00M USD Point-in-time
Operating Lease Right-of-Use Assets OperatingLeaseRightOfUseAsset $113.00M USD Point-in-time
Operating Lease Right-of-Use Assets OperatingLeaseRightOfUseAsset $138.00M USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $97.00M USD Point-in-time
Other Non-current Assets OtherAssetsNoncurrent $73.00M USD Point-in-time
Total Assets Assets $5.43B USD Point-in-time
Total Assets Assets $4.77B USD Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt DebtCurrent $12.00M USD Point-in-time
Short-term Borrowings and Current Portion of Long-term Debt DebtCurrent $13.00M USD Point-in-time
Accounts Payable AccountsPayableCurrent $325.00M USD Point-in-time
Accounts Payable AccountsPayableCurrent $380.00M USD Point-in-time
Accrued Salaries and Benefits EmployeeRelatedLiabilitiesCurrent $343.00M USD Point-in-time
Accrued Salaries and Benefits EmployeeRelatedLiabilitiesCurrent $297.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $185.00M USD Point-in-time
Income Taxes Payable TaxesPayableCurrent $140.00M USD Point-in-time
Current Portion of Operating Lease Liabilities OperatingLeaseLiabilityCurrent $71.00M USD Point-in-time
Current Portion of Operating Lease Liabilities OperatingLeaseLiabilityCurrent $59.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $471.00M USD Point-in-time
Other Current Liabilities OtherLiabilitiesCurrent $398.00M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.33B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.36B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.71B USD Point-in-time
Long-term Debt LongTermDebtAndCapitalLeaseObligations $2.60B USD Point-in-time
Long-term Debt LongTermDebtAndCapitalLeaseObligations $2.42B USD Point-in-time
Operating Lease Liabilities OperatingLeaseLiabilityNoncurrent $177.00M USD Point-in-time
Operating Lease Liabilities OperatingLeaseLiabilityNoncurrent $128.00M USD Point-in-time
Other Non-current Liabilities OtherLiabilitiesNoncurrent $357.00M USD Point-in-time
Other Non-current Liabilities OtherLiabilitiesNoncurrent $402.00M USD Point-in-time
Total Liabilities Liabilities $4.50B USD Point-in-time
Total Liabilities Liabilities $4.28B USD Point-in-time
Ordinary Shares - Par value $0.001; Authorized 1,356, Issued and Outstanding 70 at December 31, 2021 and 2020 CommonStockValueOutstanding - USD Point-in-time
Ordinary Shares - Par value $0.001; Authorized 1,356, Issued and Outstanding 70 at December 31, 2021 and 2020 CommonStockValueOutstanding - 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 $-1.95B USD Point-in-time
Retained Deficit RetainedEarningsAccumulatedDeficit $-2.40B USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-35.00M USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-43.00M USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $9.00M USD Point-in-time
Weatherford Shareholders Equity StockholdersEquity $472.00M USD Point-in-time
Weatherford Shareholders Equity StockholdersEquity $907.00M USD Point-in-time
Weatherford Shareholders Equity StockholdersEquity $2.93B USD Point-in-time
Noncontrolling Interests MinorityInterest $30.00M USD Point-in-time
Noncontrolling Interests MinorityInterest $24.00M USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $496.00M USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $937.00M USD Point-in-time
Total Shareholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-3.67B USD Point-in-time
Total Liabilities and Shareholders Equity LiabilitiesAndStockholdersEquity $4.77B USD Point-in-time
Total Liabilities and Shareholders Equity LiabilitiesAndStockholdersEquity $5.43B USD Point-in-time
Income Statement 90 line items
Line Item Tag Value Unit Period
Total Revenues Revenues $3.65B USD Annual
Total Revenues Revenues $4.95B USD Annual
Total Revenues Revenues $261.00M USD Point-in-time
Total Revenues Revenues $3.69B USD Annual
Research and Development ResearchAndDevelopmentExpense $97.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $7.00M USD Point-in-time
Research and Development ResearchAndDevelopmentExpense $85.00M USD Annual
Research and Development ResearchAndDevelopmentExpense $136.00M USD Annual
Selling, General and Administrative SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $895.00M USD Annual
Selling, General and Administrative SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $45.00M USD Point-in-time
Selling, General and Administrative SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $837.00M USD Annual
Selling, General and Administrative SellingGeneralandAdministrativeExpensePortionAttributabletoSegments $738.00M USD Annual
Asset Impairment Charges AssetImpairmentCharges - USD Point-in-time
Asset Impairment Charges AssetImpairmentCharges - USD Annual
Asset Impairment Charges AssetImpairmentCharges $1.05B USD Annual
Asset Impairment Charges AssetImpairmentCharges $750.00M USD Annual
Restructuring Charges RestructuringCharges $206.00M USD Annual
Restructuring Charges RestructuringCharges $189.00M USD Annual
Restructuring Charges RestructuringCharges - USD Point-in-time
Restructuring Charges RestructuringCharges - USD Annual
Total Other Charges (Credits), Net OtherNonrecurringIncomeExpense $-10.00M USD Annual
Total Other Charges (Credits), Net OtherNonrecurringIncomeExpense - USD Point-in-time
Total Other Charges (Credits), Net OtherNonrecurringIncomeExpense $171.00M USD Annual
Total Other Charges (Credits), Net OtherNonrecurringIncomeExpense $339.00M USD Annual
Prepetition charges PrepetitionCharges - USD Point-in-time
Prepetition charges PrepetitionCharges - USD Annual
Prepetition charges PrepetitionCharges $86.00M USD 2 Qtrs
Prepetition charges PrepetitionCharges - USD Annual
Prepetition charges PrepetitionCharges $86.00M USD Annual
Gain on Sale of Businesses, Net GainLossOnSaleOfBusiness $112.00M USD Annual
Gain on Sale of Businesses, Net GainLossOnSaleOfBusiness - USD Annual
Gain on Sale of Businesses, Net GainLossOnSaleOfBusiness - USD Point-in-time
Gain on Sale of Businesses, Net GainLossOnSaleOfBusiness - USD Annual
Total Costs and Expenses CostsAndExpenses $3.53B USD Annual
Total Costs and Expenses CostsAndExpenses $5.17B USD Annual
Total Costs and Expenses CostsAndExpenses $6.14B USD Annual
Total Costs and Expenses CostsAndExpenses $260.00M USD Point-in-time
Operating Income (Loss), Total OperatingIncomeLoss $-1.49B USD Annual
Operating Income (Loss), Total OperatingIncomeLoss $116.00M USD Annual
Operating Income (Loss), Total OperatingIncomeLoss $-1.18B USD Annual
Operating Income (Loss), Total OperatingIncomeLoss $1.00M USD Point-in-time
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-362.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-12.00M USD Point-in-time
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-260.00M USD Annual
Interest Expense, Net InterestIncomeExpenseNonoperatingNet $-251.00M USD Annual
Gain (loss) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-170.00M USD Annual
Gain (loss) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Point-in-time
Gain (loss) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-2.00M USD Point-in-time
Gain (loss) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Gain (loss) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Loss on Termination of ABL Credit Agreement LossOnTerminationOfABLCreditAgreement - USD Annual
Loss on Termination of ABL Credit Agreement LossOnTerminationOfABLCreditAgreement $15.00M USD Annual
Loss on Termination of ABL Credit Agreement LossOnTerminationOfABLCreditAgreement - USD Point-in-time
Loss on Termination of ABL Credit Agreement LossOnTerminationOfABLCreditAgreement - USD Annual
Reorganization Items ReorganizationItems $-5.39B USD Annual
Reorganization Items ReorganizationItems $4.00M USD Point-in-time
Reorganization Items ReorganizationItems $9.00M USD Annual
Reorganization Items ReorganizationItems - USD Annual
Other Expense, Net OtherNonoperatingIncomeExpense $-29.00M USD Annual
Other Expense, Net OtherNonoperatingIncomeExpense - USD Point-in-time
Other Expense, Net OtherNonoperatingIncomeExpense $-53.00M USD Annual
Other Expense, Net OtherNonoperatingIncomeExpense $-26.00M USD Annual
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-343.00M USD Annual
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.82B USD Annual
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.81B USD Annual
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-15.00M USD Point-in-time
Income Tax Provision IncomeTaxExpenseBenefit $135.00M USD Annual
Income Tax Provision IncomeTaxExpenseBenefit $9.00M USD Point-in-time
Income Tax Provision IncomeTaxExpenseBenefit $86.00M USD Annual
Income Tax Provision IncomeTaxExpenseBenefit $85.00M USD Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total ProfitLoss $-429.00M USD Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total ProfitLoss $-24.00M USD Point-in-time
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total ProfitLoss $3.68B USD Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total ProfitLoss $-1.90B USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD Point-in-time
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $22.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $23.00M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $21.00M USD Annual
Net Income (Loss) Attributable to Weatherford NetIncomeLoss $-450.00M USD Annual
Net Income (Loss) Attributable to Weatherford NetIncomeLoss $-1.92B USD Annual
Net Income (Loss) Attributable to Weatherford NetIncomeLoss $-26.00M USD Point-in-time
Net Income (Loss) Attributable to Weatherford NetIncomeLoss $3.66B USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-0.37 USD Point-in-time
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $3.65 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-27.44 USD Annual
Earnings Per Share, Basic and Diluted EarningsPerShareBasicAndDiluted $-6.43 USD Annual
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 70.00M shares Annual
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 1.00B shares Annual
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 70.00M shares Point-in-time
Basic & Diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 70.00M shares Annual
Cash Flow Statement 158 line items
Line Item Tag Value Unit Period
Net Income (Loss) ProfitLoss $-429.00M USD Annual
Net Income (Loss) ProfitLoss $-24.00M USD Point-in-time
Net Income (Loss) ProfitLoss $3.68B USD Annual
Net Income (Loss) ProfitLoss $-1.90B USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $503.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $447.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $440.00M USD Annual
Depreciation and Amortization DepreciationDepletionAndAmortization $34.00M USD Point-in-time
Bond Redemption Premium and Loss on Extinguishment of Debt and Termination of ABL Credit Agreement BondRedemptionPremiumAndLossOnExtinguishmentOfDebt - USD Point-in-time
Bond Redemption Premium and Loss on Extinguishment of Debt and Termination of ABL Credit Agreement BondRedemptionPremiumAndLossOnExtinguishmentOfDebt $170.00M USD Annual
Bond Redemption Premium and Loss on Extinguishment of Debt and Termination of ABL Credit Agreement BondRedemptionPremiumAndLossOnExtinguishmentOfDebt $15.00M USD Annual
Bond Redemption Premium and Loss on Extinguishment of Debt and Termination of ABL Credit Agreement BondRedemptionPremiumAndLossOnExtinguishmentOfDebt - USD Annual
Gain on Settlement of Liabilities Subject to Compromise DebtorReorganizationItemsGainonSettlementofLSTC $4.30B USD Annual
Gain on Settlement of Liabilities Subject to Compromise DebtorReorganizationItemsGainonSettlementofLSTC - USD Annual
Gain on Settlement of Liabilities Subject to Compromise DebtorReorganizationItemsGainonSettlementofLSTC - USD Annual
Gain on Settlement of Liabilities Subject to Compromise DebtorReorganizationItemsGainonSettlementofLSTC - USD Point-in-time
Reorganization Items DebtorReorganizationItemsFSAGainnetofreorgcharges - USD Point-in-time
Reorganization Items DebtorReorganizationItemsFSAGainnetofreorgcharges $1.16B USD Annual
Reorganization Items DebtorReorganizationItemsFSAGainnetofreorgcharges - USD Annual
Reorganization Items DebtorReorganizationItemsFSAGainnetofreorgcharges - USD Annual
Goodwill and Long-Lived Assets Impairment GoodwillAndLongLivedAssetImpairments - USD Annual
Goodwill and Long-Lived Assets Impairment GoodwillAndLongLivedAssetImpairments $1.05B USD Annual
Goodwill and Long-Lived Assets Impairment GoodwillAndLongLivedAssetImpairments - USD Point-in-time
Goodwill and Long-Lived Assets Impairment GoodwillAndLongLivedAssetImpairments $750.00M USD Annual
Inventory Charges InventoryWriteDown $210.00M USD Annual
Inventory Charges InventoryWriteDown $62.00M USD Annual
Inventory Charges InventoryWriteDown $159.00M USD Annual
Inventory Charges InventoryWriteDown - USD Point-in-time
Asset Write-Downs and Other Charges RestructuringCostsAndAssetImpairmentCharges $145.00M USD Annual
Asset Write-Downs and Other Charges RestructuringCostsAndAssetImpairmentCharges - USD Point-in-time
Asset Write-Downs and Other Charges RestructuringCostsAndAssetImpairmentCharges $60.00M USD Annual
Asset Write-Downs and Other Charges RestructuringCostsAndAssetImpairmentCharges - USD Annual
Employee Share-Based Compensation Expense AllocatedShareBasedCompensationExpense $25.00M USD Annual
Employee Share-Based Compensation Expense AllocatedShareBasedCompensationExpense - USD Annual
Employee Share-Based Compensation Expense AllocatedShareBasedCompensationExpense - USD Point-in-time
Employee Share-Based Compensation Expense AllocatedShareBasedCompensationExpense $46.00M USD Annual
Gain (Loss) on Disposition of Other Assets GainLossOnSaleOfOtherAssets $-2.00M USD Annual
Gain (Loss) on Disposition of Other Assets GainLossOnSaleOfOtherAssets - USD Point-in-time
Gain (Loss) on Disposition of Other Assets GainLossOnSaleOfOtherAssets $22.00M USD Annual
Gain (Loss) on Disposition of Other Assets GainLossOnSaleOfOtherAssets - USD Annual
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness $112.00M USD Annual
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness - USD Annual
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness - USD Point-in-time
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness - USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-5.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $-10.00M USD Annual
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit - USD Point-in-time
Deferred Income Tax Provision (Benefit) DeferredIncomeTaxExpenseBenefit $25.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-36.00M USD Point-in-time
Accounts Receivable IncreaseDecreaseInAccountsReceivable $6.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $135.00M USD Annual
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-378.00M USD Annual
Inventories IncreaseDecreaseInInventories $-64.00M USD Annual
Inventories IncreaseDecreaseInInventories $215.00M USD Annual
Inventories IncreaseDecreaseInInventories $-18.00M USD Point-in-time
Inventories IncreaseDecreaseInInventories $18.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-79.00M USD Point-in-time
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-72.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $56.00M USD Annual
Accounts Payable IncreaseDecreaseInAccountsPayableTrade $-250.00M USD Annual
Other Assets and Liabilities, Net IncreaseDecreaseInOtherOperatingCapitalNet $11.00M USD Annual
Other Assets and Liabilities, Net IncreaseDecreaseInOtherOperatingCapitalNet $-54.00M USD Annual
Other Assets and Liabilities, Net IncreaseDecreaseInOtherOperatingCapitalNet $-76.00M USD Point-in-time
Other Assets and Liabilities, Net IncreaseDecreaseInOtherOperatingCapitalNet $-79.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $-747.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $210.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $322.00M USD Annual
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $61.00M USD Point-in-time
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $20.00M USD Point-in-time
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $250.00M USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $154.00M USD Annual
Capital Expenditures for Property, Plant and Equipment PaymentsToAcquirePropertyPlantAndEquipment $85.00M USD Annual
Proceeds from Divestiture of Businesses and Investments ProceedsFromDivestitureOfBusinesses $11.00M USD Annual
Proceeds from Divestiture of Businesses and Investments ProceedsFromDivestitureOfBusinesses - USD Annual
Proceeds from Divestiture of Businesses and Investments ProceedsFromDivestitureOfBusinesses $328.00M USD Annual
Proceeds from Divestiture of Businesses and Investments ProceedsFromDivestitureOfBusinesses $7.00M USD Point-in-time
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD Point-in-time
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $41.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $84.00M USD Annual
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $22.00M USD Annual
Proceeds from Sale and Maturity of Held-to-maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities - USD Point-in-time
Proceeds from Sale and Maturity of Held-to-maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities - USD Annual
Proceeds from Sale and Maturity of Held-to-maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities - USD Annual
Proceeds from Sale and Maturity of Held-to-maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities $50.00M USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $13.00M USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $1.00M USD Point-in-time
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $4.00M USD Annual
Payments for (Proceeds from) Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $39.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-14.00M USD Point-in-time
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-83.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $149.00M USD Annual
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-75.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $1.60B USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $453.00M USD Annual
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt - USD Point-in-time
Borrowings of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $2.07B USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $2.31B USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $1.00M USD Point-in-time
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $9.00M USD Annual
Repayments of Long-term Debt RepaymentsOfLongTermDebtAndCapitalSecurities $318.00M USD Annual
Bond Redemption Premium PaymentsOfDebtExtinguishmentCosts - USD Point-in-time
Bond Redemption Premium PaymentsOfDebtExtinguishmentCosts - USD Annual
Bond Redemption Premium PaymentsOfDebtExtinguishmentCosts $131.00M USD Annual
Bond Redemption Premium PaymentsOfDebtExtinguishmentCosts - USD Annual
Repayments of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-27.00M USD Annual
Repayments of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-1.00M USD Point-in-time
Repayments of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-347.00M USD Annual
Repayments of Short-term Debt, Net ProceedsFromRepaymentsOfShortTermDebt $-4.00M USD Annual
Borrowings on Debtor in Possession (DIP) Credit Agreement ProceedsFromDebtorInPossessionFinancingFacility - USD Annual
Borrowings on Debtor in Possession (DIP) Credit Agreement ProceedsFromDebtorInPossessionFinancingFacility - USD Point-in-time
Borrowings on Debtor in Possession (DIP) Credit Agreement ProceedsFromDebtorInPossessionFinancingFacility - USD Annual
Borrowings on Debtor in Possession (DIP) Credit Agreement ProceedsFromDebtorInPossessionFinancingFacility $1.53B USD Annual
Repayment on DIP Credit Agreement upon Emergence ProceedsFromRepaymentsOfOtherLongTermDebt $-1.53B USD Annual
Repayment on DIP Credit Agreement upon Emergence ProceedsFromRepaymentsOfOtherLongTermDebt - USD Annual
Repayment on DIP Credit Agreement upon Emergence ProceedsFromRepaymentsOfOtherLongTermDebt - USD Point-in-time
Repayment on DIP Credit Agreement upon Emergence ProceedsFromRepaymentsOfOtherLongTermDebt - USD Annual
DIP Financing Fees and Payments on Backstop Agreement DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement - USD Annual
DIP Financing Fees and Payments on Backstop Agreement DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement - USD Point-in-time
DIP Financing Fees and Payments on Backstop Agreement DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement $137.00M USD Annual
DIP Financing Fees and Payments on Backstop Agreement DebtorinPossessionFinancingPaymentsandPaymentsonBackstopAgreement - USD Annual
Deferred Consideration Payment PaymentsForDeferredConsiderationGreaterThanOneYear - USD Point-in-time
Deferred Consideration Payment PaymentsForDeferredConsiderationGreaterThanOneYear $24.00M USD Annual
Deferred Consideration Payment PaymentsForDeferredConsiderationGreaterThanOneYear - USD Annual
Deferred Consideration Payment PaymentsForDeferredConsiderationGreaterThanOneYear - USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities - USD Point-in-time
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-49.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-28.00M USD Annual
Other Financing Activities, Net ProceedsFromPaymentsForOtherFinancingActivities $-45.00M USD Annual
Net Cash Provided by (Used in) Financing Activities, Total NetCashProvidedByUsedInFinancingActivities $-403.00M USD Annual
Net Cash Provided by (Used in) Financing Activities, Total NetCashProvidedByUsedInFinancingActivities $348.00M USD Annual
Net Cash Provided by (Used in) Financing Activities, Total NetCashProvidedByUsedInFinancingActivities $-2.00M USD Point-in-time
Net Cash Provided by (Used in) Financing Activities, Total NetCashProvidedByUsedInFinancingActivities $749.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $2.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-8.00M USD Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.00M USD Point-in-time
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.00M USD Annual
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $46.00M USD Point-in-time
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $485.00M USD Annual
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-172.00M USD Annual
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $152.00M USD Annual
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 $1.11B 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 $800.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $754.00M 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 $1.11B 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 $800.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $754.00M USD Point-in-time
Interest Paid, Excluding Capitalized Interest, Operating Activities InterestPaidNet $272.00M USD Annual
Interest Paid, Excluding Capitalized Interest, Operating Activities InterestPaidNet $232.00M USD Annual
Interest Paid, Excluding Capitalized Interest, Operating Activities InterestPaidNet - USD Point-in-time
Interest Paid, Excluding Capitalized Interest, Operating Activities InterestPaidNet $269.00M USD Annual
Income Taxes Paid, Net IncomeTaxesPaidNet $62.00M USD Annual
Income Taxes Paid, Net IncomeTaxesPaidNet $89.00M USD Annual
Income Taxes Paid, Net IncomeTaxesPaidNet $2.00M USD Point-in-time
Income Taxes Paid, Net IncomeTaxesPaidNet $79.00M USD Annual
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $496.00M USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $937.00M USD Point-in-time
Balance, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-3.67B USD Point-in-time
Net Income (Loss) ProfitLoss $-429.00M USD Annual
Net Income (Loss) ProfitLoss $-24.00M USD Point-in-time
Net Income (Loss) ProfitLoss $3.68B USD Annual
Net Income (Loss) ProfitLoss $-1.90B USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-52.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $9.00M USD Point-in-time
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $8.00M USD Annual
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $49.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $22.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $27.00M USD Annual
Dividends Paid to Noncontrolling Interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $28.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $22.00M USD Annual
Equity Awards Granted, Vested and Exercised StockIssuedDuringPeriodValueShareBasedCompensation $7.00M USD Annual
Accelerated Stock Compensation due to Plan Effects AcceleratedStockCompensationduetoPlanEffects $24.00M USD Annual
Stockholders' Equity, Other StockholdersEquityOther $-2.00M USD Annual
Stockholders' Equity, Other StockholdersEquityOther $-8.00M USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $496.00M USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $937.00M USD Point-in-time
Balance, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-3.67B USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net Income (Loss) ProfitLoss $-429.00M USD Annual
Net Income (Loss) ProfitLoss $-24.00M USD Point-in-time
Net Income (Loss) ProfitLoss $3.68B USD Annual
Net Income (Loss) ProfitLoss $-1.90B USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $7.00M USD Point-in-time
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $52.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-5.00M USD Annual
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-38.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.00M USD Point-in-time
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $11.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-13.00M USD Annual
Defined Benefit Pension Activity OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $14.00M USD Annual
Interest Rate Derivative Loss OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax - USD Annual
Interest Rate Derivative Loss OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax - USD Point-in-time
Interest Rate Derivative Loss OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax - USD Annual
Interest Rate Derivative Loss OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $8.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $-52.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $9.00M USD Point-in-time
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $8.00M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $49.00M USD Annual
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-421.00M USD Annual
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.95B USD Annual
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-15.00M USD Point-in-time
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.73B USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $23.00M USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD Point-in-time
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $22.00M USD Annual
Comprehensive Income Attributable to Noncontrolling Interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $21.00M USD Annual
Comprehensive Income (Loss) Attributable to Weatherford ComprehensiveIncomeNetOfTax $3.71B USD Annual
Comprehensive Income (Loss) Attributable to Weatherford ComprehensiveIncomeNetOfTax $-1.97B USD Annual
Comprehensive Income (Loss) Attributable to Weatherford ComprehensiveIncomeNetOfTax $-442.00M USD Annual
Comprehensive Income (Loss) Attributable to Weatherford ComprehensiveIncomeNetOfTax $-17.00M USD Point-in-time

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

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