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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Products $ 560 $ 1,040
Services 1,025 1,754
Total Revenues 1,585 2,794
Costs and Expenses:    
Cost of Products 582 903
Cost of Services 892 1,299
Research and Development 45 64
Selling, General and Administrative Attributable to Segments 273 363
Corporate General and Administrative 46 77
Asset Write-Downs and Other Related Charges 49 0
Restructuring Charges 77 41
Litigation Charges, Net 67 0
(Gain) Loss on Sale of Businesses, Net 1 (3)
Total Costs and Expenses 2,032 2,744
Operating Income (Loss) (447) 50
Other Income (Expense):    
Interest Expense, Net (115) (120)
Currency Devaluation Charges (31) (26)
Other, Net 1 (11)
Loss Before Income Taxes (592) (107)
Provision for Income Taxes 101 0
Net Loss (491) (107)
Net Income Attributable to Noncontrolling Interests 7 11
Net Income (Loss) Attributable to Weatherford $ (498) $ (118)
Loss Per Share Attributable to Weatherford:    
Basic $ (0.61) $ (0.15)
Diluted $ (0.61) $ (0.15)
Weighted Average Shares Outstanding:    
Basic 813 778
Diluted 813 778