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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Products $ 1,552 $ 1,533 $ 4,488 $ 4,510
Services 2,325 2,287 6,696 7,015
Total Revenues 3,877 3,820 11,184 11,525
Costs and Expenses:        
Cost of Products 1,260 1,158 3,425 3,372
Cost of Services 1,625 1,878 5,128 5,796
Research and Development 72 65 216 203
Selling, General and Administrative Attributable to Segments 418 404 1,228 1,211
Corporate General and Administrative 72 76 205 225
Long-Lived Assets Impairment 0 0 143 0
Goodwill Impairment (4) 0 121 0
Restructuring Charges 154 0 283 0
U.S. Government Investigation Loss 0 0 0 153
Gain on Sale of Businesses 38 0 38 8
Total Costs and Expenses 3,559 3,581 10,711 10,952
Operating Income (Loss) 318 239 473 573
Other Income (Expense):        
Interest Expense, Net (122) (129) (376) (388)
Devaluation of Venezuelan Bolivar 0 0 0 (100)
Other, Net (9) (30) (37) (61)
Income Before Income Taxes 187 80 60 24
Provision for Income Taxes (98) (49) (136) (74)
Net Income (Loss) 89 31 (76) (50)
Net Income Attributable to Noncontrolling Interests (12) (9) (33) (24)
Net Income (Loss) Attributable to Weatherford $ 77 $ 22 $ (109) $ (74)
Income (Loss) Per Share Attributable to Weatherford:        
Basic (in dollars per share) $ 0.10 $ 0.03 $ (0.14) $ (0.10)
Diluted (in dollars per share) $ 0.10 $ 0.03 $ (0.14) $ (0.10)
Weighted Average Shares Outstanding:        
Basic (in shares) 777 773 776 771
Diluted (in shares) 784 779 776 771