10-K Filing

WEATHERFORD INTERNATIONAL PLC CIK: 1603923 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001603923-24-000043`
Period End Date	20231231
Filing Date	20240207
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	wfrd-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 57 Cash Flow Statement 104 Stockholders Equity 28 Comprehensive Income 21

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$16.00M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.00M	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$883.00M	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$773.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$910.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$958.00M	USD	Point-in-time
Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$639.00M	USD	Point-in-time
Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$480.00M	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$202.00M	USD	Point-in-time
Ordinary Shares, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary Shares, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary Shares, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted Cash	`RestrictedCashCurrent`	$105.00M	USD	Point-in-time
Ordinary Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Ordinary Shares, Authorized (in shares)	`CommonStockSharesAuthorized`	1.36B	shares	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $16 at December 31, 2023 and $26 at December 31, 2022	`AccountsReceivableNetCurrent`	$989.00M	USD	Point-in-time
Accounts Receivable, Net of Allowance for Credit Losses of $16 at December 31, 2023 and $26 at December 31, 2022	`AccountsReceivableNetCurrent`	$1.22B	USD	Point-in-time
Ordinary Shares, Issued (in shares)	`CommonStockSharesIssued`	71.00M	shares	Point-in-time
Inventories, Net	`InventoryNet`	$788.00M	USD	Point-in-time
Inventories, Net	`InventoryNet`	$689.00M	USD	Point-in-time
Ordinary Shares, Issued (in shares)	`CommonStockSharesIssued`	72.00M	shares	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$253.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$278.00M	USD	Point-in-time
Ordinary Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	72.00M	shares	Point-in-time
Ordinary Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	71.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.04B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.35B	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $883 at December 31, 2023 and $773 at December 31, 2022	`PropertyPlantAndEquipmentNet`	$918.00M	USD	Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation of $883 at December 31, 2023 and $773 at December 31, 2022	`PropertyPlantAndEquipmentNet`	$957.00M	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $639 at December 31, 2023 and $480 at December 31, 2022	`IntangibleAssetsNetExcludingGoodwill`	$506.00M	USD	Point-in-time
Intangible Assets, Net of Accumulated Amortization of $639 at December 31, 2023 and $480 at December 31, 2022	`IntangibleAssetsNetExcludingGoodwill`	$370.00M	USD	Point-in-time
Operating Lease Assets	`OperatingLeaseRightOfUseAsset`	$138.00M	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`	$258.00M	USD	Point-in-time
Total Assets	`Assets`	$5.07B	USD	Point-in-time
Total Assets	`Assets`	$4.72B	USD	Point-in-time
Current Portion of Long-term Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$45.00M	USD	Point-in-time
Current Portion of Long-term Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$168.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$679.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$460.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$387.00M	USD	Point-in-time
Accrued Salaries and Benefits	`EmployeeRelatedLiabilitiesCurrent`	$367.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$141.00M	USD	Point-in-time
Income Taxes Payable	`TaxesPayableCurrent`	$138.00M	USD	Point-in-time
Current Portion of Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$46.00M	USD	Point-in-time
Current Portion of Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$44.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$448.00M	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`	$1.87B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$1.72B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$2.20B	USD	Point-in-time
Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$117.00M	USD	Point-in-time
Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$131.00M	USD	Point-in-time
Non-current Taxes Payable	`AccruedIncomeTaxesNoncurrent`	$282.00M	USD	Point-in-time
Non-current Taxes Payable	`AccruedIncomeTaxesNoncurrent`	$251.00M	USD	Point-in-time
Other Non-current Liabilities	`OtherLiabilitiesNoncurrent`	$152.00M	USD	Point-in-time
Other Non-current Liabilities	`OtherLiabilitiesNoncurrent`	$128.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.17B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.15B	USD	Point-in-time
Ordinary Shares - Par value $0.001; Authorized 1,356, Issued and Outstanding 72 at December 31, 2023 and 71 at December 31, 2022	`CommonStockValueOutstanding`	-	USD	Point-in-time
Ordinary Shares - Par value $0.001; Authorized 1,356, Issued and Outstanding 72 at December 31, 2023 and 71 at December 31, 2022	`CommonStockValueOutstanding`	-	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$2.91B	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$2.93B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.95B	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-2.37B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-28.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$924.00M	USD	Point-in-time
Weatherford Shareholders Equity	`StockholdersEquity`	$535.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$16.00M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$-2.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$496.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$937.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$922.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$551.00M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$5.07B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$4.72B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.33B	USD	Annual
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$5.13B	USD	Annual
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.65B	USD	Annual
Research and Development	`ResearchAndDevelopmentExpense`	$85.00M	USD	Annual
Research and Development	`ResearchAndDevelopmentExpense`	$90.00M	USD	Annual
Research and Development	`ResearchAndDevelopmentExpense`	$112.00M	USD	Annual
Selling, General and Administrative	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$804.00M	USD	Annual
Selling, General and Administrative	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$738.00M	USD	Annual
Selling, General and Administrative	`SellingGeneralandAdministrativeExpensePortionAttributabletoSegments`	$778.00M	USD	Annual
Total Other Charges (Credits)	`OtherNonrecurringIncomeExpense`	$31.00M	USD	Annual
Total Other Charges (Credits)	`OtherNonrecurringIncomeExpense`	$4.00M	USD	Annual
Total Other Charges (Credits)	`OtherNonrecurringIncomeExpense`	$-10.00M	USD	Annual
Total Costs and Expenses	`CostsAndExpenses`	$4.32B	USD	Annual
Total Costs and Expenses	`CostsAndExpenses`	$3.92B	USD	Annual
Total Costs and Expenses	`CostsAndExpenses`	$3.53B	USD	Annual
Operating Income (Loss), Total	`OperatingIncomeLoss`	$820.00M	USD	Annual
Operating Income (Loss), Total	`OperatingIncomeLoss`	$412.00M	USD	Annual
Operating Income (Loss), Total	`OperatingIncomeLoss`	$116.00M	USD	Annual
Interest Expense, Net of Interest Income of $59, $31 and $20	`InterestIncomeExpenseNonoperatingNet`	$-260.00M	USD	Annual
Interest Expense, Net of Interest Income of $59, $31 and $20	`InterestIncomeExpenseNonoperatingNet`	$-179.00M	USD	Annual
Interest Expense, Net of Interest Income of $59, $31 and $20	`InterestIncomeExpenseNonoperatingNet`	$-123.00M	USD	Annual
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	Annual
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	Annual
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	$-57.00M	USD	Annual
Loss on Extinguishment of Debt and Bond Redemption Premium	`GainLossOnExtinguishmentOfDebtAndBondRedemptionPremium`	$-170.00M	USD	Annual
Loss on Extinguishment of Debt and Bond Redemption Premium	`GainLossOnExtinguishmentOfDebtAndBondRedemptionPremium`	$-5.00M	USD	Annual
Loss on Extinguishment of Debt and Bond Redemption Premium	`GainLossOnExtinguishmentOfDebtAndBondRedemptionPremium`	$-5.00M	USD	Annual
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-90.00M	USD	Annual
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-129.00M	USD	Annual
Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-29.00M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$138.00M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$506.00M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-343.00M	USD	Annual
Income Tax Provision	`IncomeTaxExpenseBenefit`	$87.00M	USD	Annual
Income Tax Provision	`IncomeTaxExpenseBenefit`	$57.00M	USD	Annual
Income Tax Provision	`IncomeTaxExpenseBenefit`	$86.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$449.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$51.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-429.00M	USD	Annual
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.00M	USD	Annual
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.00M	USD	Annual
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.00M	USD	Annual
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$26.00M	USD	Annual
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$417.00M	USD	Annual
Net Income (Loss) Attributable to Weatherford	`NetIncomeLoss`	$-450.00M	USD	Annual
Basic Income (Loss) Per Share Attributable to Weatherford (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	Annual
Basic Income (Loss) Per Share Attributable to Weatherford (in dollars per share)	`EarningsPerShareBasic`	$5.79	USD	Annual
Basic Income (Loss) Per Share Attributable to Weatherford (in dollars per share)	`EarningsPerShareBasic`	$-6.43	USD	Annual
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.00M	shares	Annual
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.00M	shares	Annual
Basic Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.00M	shares	Annual
Diluted Income (Loss) Per Share Attributable to Weatherford (in dollars per share)	`EarningsPerShareDiluted`	$-6.43	USD	Annual
Diluted Income (Loss) Per Share Attributable to Weatherford (in dollars per share)	`EarningsPerShareDiluted`	$5.66	USD	Annual
Diluted Income (Loss) Per Share Attributable to Weatherford (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	Annual
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.00M	shares	Annual
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.00M	shares	Annual
Diluted Weighted Average Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.00M	shares	Annual

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$31.00M	USD	Annual
Interest income	`InterestIncomeOperating`	$59.00M	USD	Annual
Interest income	`InterestIncomeOperating`	$20.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$449.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$51.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-429.00M	USD	Annual
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$440.00M	USD	Annual
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$349.00M	USD	Annual
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$327.00M	USD	Annual
Foreign Exchange Losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-9.00M	USD	Annual
Foreign Exchange Losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-71.00M	USD	Annual
Foreign Exchange Losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-116.00M	USD	Annual
Loss on Extinguishment of Debt and Bond Redemption Premium	`GainLossOnExtinguishmentOfDebtAndBondRedemptionPremium`	$-170.00M	USD	Annual
Loss on Extinguishment of Debt and Bond Redemption Premium	`GainLossOnExtinguishmentOfDebtAndBondRedemptionPremium`	$-5.00M	USD	Annual
Loss on Extinguishment of Debt and Bond Redemption Premium	`GainLossOnExtinguishmentOfDebtAndBondRedemptionPremium`	$-5.00M	USD	Annual
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	Annual
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	-	USD	Annual
Loss on Blue Chip Swap Securities	`GainLossOnSaleOfDerivatives`	$-57.00M	USD	Annual
Inventory Charges	`InventoryWriteDown`	$62.00M	USD	Annual
Inventory Charges	`InventoryWriteDown`	$19.00M	USD	Annual
Inventory Charges	`InventoryWriteDown`	$36.00M	USD	Annual
Gain on Disposition of Assets	`GainLossOnSaleOfOtherAssets`	$41.00M	USD	Annual
Gain on Disposition of Assets	`GainLossOnSaleOfOtherAssets`	$11.00M	USD	Annual
Gain on Disposition of Assets	`GainLossOnSaleOfOtherAssets`	$22.00M	USD	Annual
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$4.00M	USD	Annual
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$-10.00M	USD	Annual
Deferred Income Tax Provision (Benefit)	`DeferredIncomeTaxExpenseBenefit`	$-86.00M	USD	Annual
Employee Share-Based Compensation Expense	`AllocatedShareBasedCompensationExpense`	$25.00M	USD	Annual
Employee Share-Based Compensation Expense	`AllocatedShareBasedCompensationExpense`	$35.00M	USD	Annual
Employee Share-Based Compensation Expense	`AllocatedShareBasedCompensationExpense`	$25.00M	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$193.00M	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$6.00M	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$221.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$56.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$18.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$114.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$231.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$56.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$84.00M	USD	Annual
Other Changes, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-25.00M	USD	Annual
Other Changes, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-45.00M	USD	Annual
Other Changes, Net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-14.00M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$349.00M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$832.00M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$322.00M	USD	Annual
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$209.00M	USD	Annual
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$85.00M	USD	Annual
Capital Expenditures for Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$132.00M	USD	Annual
Proceeds from Disposition of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$28.00M	USD	Annual
Proceeds from Disposition of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$41.00M	USD	Annual
Proceeds from Disposition of Assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$82.00M	USD	Annual
Purchases of Blue Chip Swap Securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Purchases of Blue Chip Swap Securities	`PaymentsToAcquireMarketableSecurities`	$110.00M	USD	Annual
Purchases of Blue Chip Swap Securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Proceeds from Sales of Blue Chip Swap Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$53.00M	USD	Annual
Proceeds from Sales of Blue Chip Swap Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	Annual
Proceeds from Sales of Blue Chip Swap Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	Annual
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$51.00M	USD	Annual
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	Annual
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$39.00M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-83.00M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.00M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-289.00M	USD	Annual
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.07B	USD	Annual
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Borrowings of Long-term Debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$198.00M	USD	Annual
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$386.00M	USD	Annual
Repayments of Long-term Debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$2.31B	USD	Annual
Bond Redemption Premium	`PaymentsOfDebtExtinguishmentCosts`	$131.00M	USD	Annual
Bond Redemption Premium	`PaymentsOfDebtExtinguishmentCosts`	$5.00M	USD	Annual
Bond Redemption Premium	`PaymentsOfDebtExtinguishmentCosts`	$5.00M	USD	Annual
Distributions to Noncontrolling Interests	`PaymentsOfDividendsMinorityInterest`	$21.00M	USD	Annual
Distributions to Noncontrolling Interests	`PaymentsOfDividendsMinorityInterest`	$30.00M	USD	Annual
Distributions to Noncontrolling Interests	`PaymentsOfDividendsMinorityInterest`	$52.00M	USD	Annual
Tax Remittance on Equity Awards Vested	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$56.00M	USD	Annual
Tax Remittance on Equity Awards Vested	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	Annual
Tax Remittance on Equity Awards Vested	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	Annual
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.00M	USD	Annual
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	Annual
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.00M	USD	Annual
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-514.00M	USD	Annual
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-403.00M	USD	Annual
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-248.00M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-78.00M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-48.00M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.00M	USD	Annual
Net Decrease in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-172.00M	USD	Annual
Net Decrease in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-49.00M	USD	Annual
Net Decrease in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.00M	USD	Annual
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`	$1.06B	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`	$1.11B	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`	$1.06B	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`	$1.11B	USD	Point-in-time
Interest Paid	`InterestPaidNet`	$181.00M	USD	Annual
Interest Paid	`InterestPaidNet`	$269.00M	USD	Annual
Interest Paid	`InterestPaidNet`	$220.00M	USD	Annual
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$62.00M	USD	Annual
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$86.00M	USD	Annual
Income Taxes Paid, Net of Refunds	`IncomeTaxesPaidNet`	$132.00M	USD	Annual

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$496.00M	USD	Point-in-time
Balance, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$937.00M	USD	Point-in-time
Balance, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$922.00M	USD	Point-in-time
Balance, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$551.00M	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$26.00M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$417.00M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-450.00M	USD	Annual
Net Income (Loss)	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.00M	USD	Annual
Net Income (Loss)	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.00M	USD	Annual
Net Income (Loss)	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$449.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$51.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-429.00M	USD	Annual
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	Annual
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	Annual
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	Annual
Equity Awards, Granted, Vested and Exercised, Net of Shares Withheld for Taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-22.00M	USD	Annual
Equity Awards, Granted, Vested and Exercised, Net of Shares Withheld for Taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	Annual
Equity Awards, Granted, Vested and Exercised, Net of Shares Withheld for Taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.00M	USD	Annual
Dividends Paid to Noncontrolling Interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$52.00M	USD	Annual
Dividends Paid to Noncontrolling Interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$30.00M	USD	Annual
Dividends Paid to Noncontrolling Interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$27.00M	USD	Annual
Other	`StockholdersEquityOther`	$-2.00M	USD	Annual
Other	`StockholdersEquityOther`	$-3.00M	USD	Annual
Balance, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$496.00M	USD	Point-in-time
Balance, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$937.00M	USD	Point-in-time
Balance, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$922.00M	USD	Point-in-time
Balance, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$551.00M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$449.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$51.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-429.00M	USD	Annual
Foreign Currency Translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	Annual
Foreign Currency Translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	Annual
Foreign Currency Translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	Annual
Defined Benefit Pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$4.00M	USD	Annual
Defined Benefit Pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-13.00M	USD	Annual
Defined Benefit Pension	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-18.00M	USD	Annual
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	Annual
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	Annual
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$443.00M	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$64.00M	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-421.00M	USD	Annual
Net Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$32.00M	USD	Annual
Net Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.00M	USD	Annual
Net Income Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$25.00M	USD	Annual
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$-442.00M	USD	Annual
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$39.00M	USD	Annual
Comprehensive Income (Loss) Attributable to Weatherford	`ComprehensiveIncomeNetOfTax`	$411.00M	USD	Annual

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