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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Products $ 3,573 $ 6,059 $ 6,007
Services 5,860 8,852 9,256
Total Revenues 9,433 14,911 15,263
Costs and Expenses:      
Cost of Products 3,433 4,942 4,480
Cost of Services 4,588 6,519 7,822
Research and Development 231 290 265
Selling, General and Administrative Attributable to Segments 1,353 1,727 1,728
Corporate General and Administrative 227 290 316
Long-Lived Asset Impairments and Other Related Charges 768 495 0
Goodwill and Equity Investment Impairment 25 161 0
Severance and Restructuring Charges 232 331 0
Litigation Charges 116 0 153
Loss (Gain) on Sale of Businesses and Investments, Net 6 (349) (24)
Total Costs and Expenses 10,979 14,406 14,740
Operating Income (Loss) (1,546) 505 523
Other Income (Expense):      
Interest Expense, Net (468) (498) (516)
Currency Devaluation and Related Charges (85) (245) (100)
Other, Net 3 (17) (77)
Loss Before Income Taxes (2,096) (255) (170)
Benefit (Provision) for Income Taxes 145 (284) (144)
Net Loss (1,951) (539) (314)
Net Income Attributable to Noncontrolling Interests 34 45 31
Net Loss Attributable to Weatherford $ (1,985) $ (584) $ (345)
Loss Per Share Attributable to Weatherford:      
Basic (in dollars per share) $ (2.55) $ (0.75) $ (0.45)
Diluted (in dollars per share) $ (2.55) $ (0.75) $ (0.45)
Weighted Average Shares Outstanding:      
Basic (in shares) 779 777 772
Diluted (in shares) 779 777 772