XML 74 R63.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidating Financial Statements (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Current Assets        
Cash and Cash Equivalents $ 464 $ 467 $ 512 $ 474
Other Current Assets 4,902 5,097    
Total Current Assets 5,366 5,564    
Equity Investments in Affiliates 0 0    
Intercompany Receivables, Net 0 0    
Other Assets 9,150 9,196    
Total Assets 14,516 14,760    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 1,212 1,582    
Accounts Payable and Other Current Liabilities 2,266 2,449    
Total Current Liabilities 3,478 4,031    
Long-term Debt 5,846 5,852    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 533 512    
Total Liabilities 9,857 10,395    
Weatherford Shareholders’ Equity 4,591 4,304    
Noncontrolling Interests 68 61    
Total Liabilities and Shareholders’ Equity 14,516 14,760    
Weatherford Ireland [Member]        
Current Assets        
Cash and Cash Equivalents 1 0 0 1
Other Current Assets 2 4    
Total Current Assets 3 4    
Equity Investments in Affiliates 5,118 5,693    
Intercompany Receivables, Net 0 0    
Other Assets 0 3    
Total Assets 5,121 5,700    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 0 0    
Accounts Payable and Other Current Liabilities 84 19    
Total Current Liabilities 84 19    
Long-term Debt 0 0    
Intercompany Payables, Net 430 1,362    
Other Long-term Liabilities 16 15    
Total Liabilities 530 1,396    
Weatherford Shareholders’ Equity 4,591 4,304    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 5,121 5,700    
Weatherford Bermuda [Member]        
Current Assets        
Cash and Cash Equivalents 0 2 34 0
Other Current Assets 0 0    
Total Current Assets 0 2    
Equity Investments in Affiliates 10,586 8,709    
Intercompany Receivables, Net 0 0    
Other Assets 3 2    
Total Assets 10,589 8,713    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 1,070 1,503    
Accounts Payable and Other Current Liabilities 104 212    
Total Current Liabilities 1,174 1,715    
Long-term Debt 4,885 4,885    
Intercompany Payables, Net 349 6,147    
Other Long-term Liabilities 77 77    
Total Liabilities 6,485 12,824    
Weatherford Shareholders’ Equity 4,104 (4,111)    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 10,589 8,713    
Weatherford Delaware [Member]        
Current Assets        
Cash and Cash Equivalents 21 22 22 22
Other Current Assets 634 651    
Total Current Assets 655 673    
Equity Investments in Affiliates 8,951 9,187    
Intercompany Receivables, Net 0 0    
Other Assets 21 16    
Total Assets 9,627 9,876    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 6 6    
Accounts Payable and Other Current Liabilities 0 0    
Total Current Liabilities 6 6    
Long-term Debt 859 862    
Intercompany Payables, Net 2,896 2,914    
Other Long-term Liabilities 8 10    
Total Liabilities 3,769 3,792    
Weatherford Shareholders’ Equity 5,858 6,084    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 9,627 9,876    
Other Subsidiaries [Member]        
Current Assets        
Cash and Cash Equivalents 442 443 456 451
Other Current Assets 4,913 5,146    
Total Current Assets 5,355 5,589    
Equity Investments in Affiliates 1,300 3,483    
Intercompany Receivables, Net 3,675 10,423    
Other Assets 9,126 9,175    
Total Assets 19,456 28,670    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 136 73    
Accounts Payable and Other Current Liabilities 2,725 2,922    
Total Current Liabilities 2,861 2,995    
Long-term Debt 102 105    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 432 410    
Total Liabilities 3,395 3,510    
Weatherford Shareholders’ Equity 15,993 25,099    
Noncontrolling Interests 68 61    
Total Liabilities and Shareholders’ Equity 19,456 28,670    
Eliminations [Member]        
Current Assets        
Cash and Cash Equivalents 0 0 $ 0 $ 0
Other Current Assets (647) (704)    
Total Current Assets (647) (704)    
Equity Investments in Affiliates (25,955) (27,072)    
Intercompany Receivables, Net (3,675) (10,423)    
Other Assets 0 0    
Total Assets (30,277) (38,199)    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 0 0    
Accounts Payable and Other Current Liabilities (647) (704)    
Total Current Liabilities (647) (704)    
Long-term Debt 0 0    
Intercompany Payables, Net (3,675) (10,423)    
Other Long-term Liabilities 0 0    
Total Liabilities (4,322) (11,127)    
Weatherford Shareholders’ Equity (25,955) (27,072)    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity $ (30,277) $ (38,199)