CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and Cash Equivalents	$ 452	$ 467
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $95 in 2016 and $113 in 2015	1,484	1,781
Inventories, Net	2,195	2,344
Prepaid Expenses	302	343
Deferred Tax Assets	136	165
Other Current Assets	480	464
Total Current Assets	5,049	5,564
Property, Plant and Equipment, Net of Accumulated Depreciation of $7,369 in 2016 and $7,235 in 2015	5,247	5,679
Goodwill	2,852	2,803
Other Intangible Assets, Net of Accumulated Amortization of $818 in 2016 and $783 in 2015	330	356
Equity Investments	65	76
Other Non-Current Assets	569	282
Total Assets	14,112	14,760
Current Liabilities:
Short-term Borrowings and Current Portion of Long-term Debt	290	1,582
Accounts Payable	790	948
Accrued Salaries and Benefits	338	406
Income Taxes Payable	111	203
Other Current Liabilities	999	892
Total Current Liabilities	2,528	4,031
Long-term Debt	6,943	5,852
Other Non-Current Liabilities	454	512
Total Liabilities	9,925	10,395
Shareholders’ Equity:
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 896 shares at June 30, 2016 and 779 shares at December 31, 2015	1	1
Capital in Excess of Par Value	6,250	5,502
Retained (Deficit) Earnings	(621)	442
Accumulated Other Comprehensive Loss	(1,507)	(1,641)
Weatherford Shareholders’ Equity	4,123	4,304
Noncontrolling Interests	64	61
Total Shareholders’ Equity	4,187	4,365
Total Liabilities and Shareholders’ Equity	$ 14,112	$ 14,760