10-Q Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001603923-23-000132`
Period End Date	20230930
Filing Date	20231025
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	wfrd-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 76 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`	$15.00M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$839.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$910.00M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$843.00M	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$202.00M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$773.00M	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$107.00M	USD	Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$480.00M	USD	Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$597.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $15 at September 30, 2023 and $26 at December 31, 2022	`ReceivablesNetCurrent`	$989.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $15 at September 30, 2023 and $26 at December 31, 2022	`ReceivablesNetCurrent`	$1.26B	USD	Point-in-time
Inventory, Net	`InventoryNet`	$689.00M	USD	Point-in-time
Inventory, Net	`InventoryNet`	$776.00M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other Assets, Current	`OtherAssetsCurrent`	$253.00M	USD	Point-in-time
Other Assets, Current	`OtherAssetsCurrent`	$237.00M	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`	$3.04B	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.22B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	72.00M	shares	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $843 at September 30, 2023 and $773 at December 31, 2022	`PropertyPlantAndEquipmentNet`	$922.00M	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $843 at September 30, 2023 and $773 at December 31, 2022	`PropertyPlantAndEquipmentNet`	$918.00M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	71.00M	shares	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $597 at September 30, 2023 and $480 at December 31, 2022	`IntangibleAssetsNetExcludingGoodwill`	$404.00M	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $597 at September 30, 2023 and $480 at December 31, 2022	`IntangibleAssetsNetExcludingGoodwill`	$506.00M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	72.00M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	71.00M	shares	Point-in-time
Operating Lease Assets	`OperatingLeaseRightOfUseAsset`	$132.00M	USD	Point-in-time
Operating Lease Assets	`OperatingLeaseRightOfUseAsset`	$115.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$138.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$217.00M	USD	Point-in-time
Total Assets	`Assets`	$4.89B	USD	Point-in-time
Total Assets	`Assets`	$4.72B	USD	Point-in-time
Short-term Debt	`ShortTermBorrowings`	$91.00M	USD	Point-in-time
Short-term Debt	`ShortTermBorrowings`	$45.00M	USD	Point-in-time
Accounts Payable, Current	`AccountsPayableCurrent`	$460.00M	USD	Point-in-time
Accounts Payable, Current	`AccountsPayableCurrent`	$620.00M	USD	Point-in-time
Employee-related Liabilities, Current	`EmployeeRelatedLiabilitiesCurrent`	$339.00M	USD	Point-in-time
Employee-related Liabilities, Current	`EmployeeRelatedLiabilitiesCurrent`	$367.00M	USD	Point-in-time
Taxes Payable, Current	`TaxesPayableCurrent`	$141.00M	USD	Point-in-time
Taxes Payable, Current	`TaxesPayableCurrent`	$180.00M	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$43.00M	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$44.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$458.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$413.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.47B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.73B	USD	Point-in-time
Long-term Debt and Lease Obligation	`LongTermDebtAndCapitalLeaseObligations`	$1.86B	USD	Point-in-time
Long-term Debt and Lease Obligation	`LongTermDebtAndCapitalLeaseObligations`	$2.20B	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$117.00M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$129.00M	USD	Point-in-time
Accrued Income Taxes, Noncurrent	`AccruedIncomeTaxesNoncurrent`	$251.00M	USD	Point-in-time
Accrued Income Taxes, Noncurrent	`AccruedIncomeTaxesNoncurrent`	$262.00M	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$146.00M	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$128.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.17B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.13B	USD	Point-in-time
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 72 shares at September 30, 2023 and 71 at December 31, 2022	`CommonStockValue`	-	USD	Point-in-time
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 72 shares at September 30, 2023 and 71 at December 31, 2022	`CommonStockValue`	-	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$2.93B	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$2.90B	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.09B	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.37B	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-64.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$535.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$742.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$21.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$16.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$426.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$551.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$491.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$672.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$763.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$586.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$472.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$496.00M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$4.72B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$4.89B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Total Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.12B	USD	3 Qtrs
Total Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.31B	USD	1 Quarter
Total Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.12B	USD	1 Quarter
Total Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.77B	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$66.00M	USD	3 Qtrs
Research and Development	`ResearchAndDevelopmentExpense`	$30.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$23.00M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$83.00M	USD	3 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$211.00M	USD	1 Quarter
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$599.00M	USD	3 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$575.00M	USD	3 Qtrs
Selling, General and Administrative	`SellingGeneralAndAdministrativeExpense`	$201.00M	USD	1 Quarter
Other Charges (Credits)	`OtherNonrecurringIncomeExpense`	-	USD	1 Quarter
Other Charges (Credits)	`OtherNonrecurringIncomeExpense`	$-5.00M	USD	1 Quarter
Other Charges (Credits)	`OtherNonrecurringIncomeExpense`	$-9.00M	USD	3 Qtrs
Other Charges (Credits)	`OtherNonrecurringIncomeExpense`	$25.00M	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$999.00M	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$3.17B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$2.88B	USD	3 Qtrs
Total Costs and Expenses	`CostsAndExpenses`	$1.09B	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$243.00M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$604.00M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$121.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$218.00M	USD	1 Quarter
Interest Expense, Net of Interest Income of $15, $8, $47 and $19	`InterestIncomeExpenseNet`	$-44.00M	USD	1 Quarter
Interest Expense, Net of Interest Income of $15, $8, $47 and $19	`InterestIncomeExpenseNet`	$-140.00M	USD	3 Qtrs
Interest Expense, Net of Interest Income of $15, $8, $47 and $19	`InterestIncomeExpenseNet`	$-92.00M	USD	3 Qtrs
Interest Expense, Net of Interest Income of $15, $8, $47 and $19	`InterestIncomeExpenseNet`	$-30.00M	USD	1 Quarter
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	3 Qtrs
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	$-57.00M	USD	3 Qtrs
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Other Expense, Net	`OtherOperatingIncomeExpenseNet`	$-62.00M	USD	3 Qtrs
Other Expense, Net	`OtherOperatingIncomeExpenseNet`	$-14.00M	USD	1 Quarter
Other Expense, Net	`OtherOperatingIncomeExpenseNet`	$-24.00M	USD	1 Quarter
Other Expense, Net	`OtherOperatingIncomeExpenseNet`	$-98.00M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$357.00M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.00M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$41.00M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$164.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$26.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$33.00M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$55.00M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$66.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$302.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$90.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$12.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$81.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-74.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$37.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-25.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$131.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.00M	USD	3 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$277.00M	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-46.00M	USD	3 Qtrs
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$123.00M	USD	1 Quarter
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$28.00M	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$1.70	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$3.85	USD	3 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	$-0.65	USD	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	71.00M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	72.00M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	72.00M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	71.00M	shares	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$3.76	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-0.65	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$1.66	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.00M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.00M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.00M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.00M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InterestIncomeOperating`	$15.00M	USD	1 Quarter
Interest Income	`InterestIncomeOperating`	$8.00M	USD	1 Quarter
Interest Income	`InterestIncomeOperating`	$47.00M	USD	3 Qtrs
Interest Income	`InterestIncomeOperating`	$19.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$302.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$90.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$12.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$81.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-74.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$37.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-25.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$131.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$83.00M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$244.00M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$265.00M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$88.00M	USD	1 Quarter
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	3 Qtrs
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	$-57.00M	USD	3 Qtrs
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Asset Write-downs and Other Charges	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Asset Write-downs and Other Charges	`ImpairmentOfLongLivedAssetsHeldForUse`	$6.00M	USD	3 Qtrs
Inventory Charges	`InventoryWriteDown`	$30.00M	USD	3 Qtrs
Inventory Charges	`InventoryWriteDown`	$11.00M	USD	3 Qtrs
Inventory Charges	`InventoryWriteDown`	-	USD	1 Quarter
Inventory Charges	`InventoryWriteDown`	$6.00M	USD	1 Quarter
Gain on Disposition of Assets and Businesses	`GainLossOnSaleOfOtherAssets`	$11.00M	USD	3 Qtrs
Gain on Disposition of Assets and Businesses	`GainLossOnSaleOfOtherAssets`	$22.00M	USD	3 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$24.00M	USD	3 Qtrs
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$-67.00M	USD	3 Qtrs
Share-Based Compensation	`EmployeeBenefitsAndShareBasedCompensation`	$18.00M	USD	3 Qtrs
Share-Based Compensation	`EmployeeBenefitsAndShareBasedCompensation`	$26.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$280.00M	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$103.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$103.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$99.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$173.00M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayableTrade`	$49.00M	USD	3 Qtrs
Other Assets and Liabilities, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-105.00M	USD	3 Qtrs
Other Assets and Liabilities, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-13.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$156.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$457.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$142.00M	USD	3 Qtrs
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$83.00M	USD	3 Qtrs
Proceeds from Disposition of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$55.00M	USD	3 Qtrs
Proceeds from Disposition of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$21.00M	USD	3 Qtrs
Purchases of Blue Chip Swap Securities	`PaymentsToAcquireMarketableSecurities`	-	USD	3 Qtrs
Purchases of Blue Chip Swap Securities	`PaymentsToAcquireMarketableSecurities`	$110.00M	USD	3 Qtrs
Proceeds from Sales of Blue Chip Swap Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	3 Qtrs
Proceeds from Sales of Blue Chip Swap Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$53.00M	USD	3 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-20.00M	USD	3 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.00M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.00M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-158.00M	USD	3 Qtrs
Repayments and Repurchases of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$306.00M	USD	3 Qtrs
Repayments and Repurchases of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$62.00M	USD	3 Qtrs
Tax Remittance on Equity Awards Vested	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	3 Qtrs
Tax Remittance on Equity Awards Vested	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$54.00M	USD	3 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-28.00M	USD	3 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-24.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities, Total	`NetCashProvidedByUsedInFinancingActivities`	$-89.00M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities, Total	`NetCashProvidedByUsedInFinancingActivities`	$-388.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-77.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$58.00M	USD	3 Qtrs
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$88.00M	USD	3 Qtrs
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$30.00M	USD	3 Qtrs
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-166.00M	USD	3 Qtrs
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`	$946.00M	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`	$1.14B	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`	$946.00M	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`	$1.14B	USD	Point-in-time
Interest Paid	`InterestPaidNet`	$136.00M	USD	3 Qtrs
Interest Paid	`InterestPaidNet`	$110.00M	USD	3 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$302.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$90.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$12.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$81.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-74.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$37.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-25.00M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$131.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-51.00M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-42.00M	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.00M	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-35.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$96.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$260.00M	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-14.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-17.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$25.00M	USD	3 Qtrs
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Comprehensive Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.00M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-23.00M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-38.00M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$235.00M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$88.00M	USD	1 Quarter

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