XML 61 R50.htm IDEA: XBRL DOCUMENT v3.5.0.2
Long-term Debt Narrative (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 17, 2016
May 04, 2016
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Jun. 10, 2016
Jun. 07, 2016
Feb. 29, 2016
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     $ 7,113.0   $ 7,113.0   $ 6,253.0      
Capital in Excess of Par Value     6,250.0   6,250.0   5,502.0      
Long-term Debt     6,943.0   6,943.0   5,852.0      
Current portion of long-term debt and term loan agreement     170.0   170.0   401.0      
Bond Tender Premium, Net     (78.0) $ 0.0 (78.0) $ 0.0        
Term Loan Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations   $ 500.0 $ 496.0   $ 496.0          
A&R Credit Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Periodic Payment, Principal   $ 12.5                
Senior Notes, 8.25 Percent due 2023 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     8.25%   8.25%          
Senior Notes, 6.35% due 2017 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt               6.35%    
Senior Notes, 6.00% due 2018 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt               6.00%    
Senior Notes, 9.625% due 2019 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt               9.625%    
Senior Notes, 5.125% due 2020 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt               5.125%    
Exchangeable Senior Notes, 5.875 Percent due 2021 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     5.875%   5.875%          
Senior Notes, 7.75 Percent due 2021 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     7.75%   7.75%          
Exchangeable Senior Notes [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Face Amount                 $ 1,265.0  
Stated interest rate on debt                 5.875%  
Debt Instrument, Convertible, Conversion Price                 $ 7.74  
Debt Instrument, Convertible, Shares                 163.4  
Capital in Excess of Par Value     $ 97.0   $ 97.0          
Long-term Debt     1,136.0   1,136.0          
Debt Issuance Costs, Net     129.0   129.0          
Debt Instrument, Interest Rate, Effective Percentage                 8.40%  
Interest Expense, Debt     6.0              
Interest Expense, Debt, Excluding Amortization     5.0              
Amortization of Debt Discount (Premium)     1.0              
Senior Notes [Member] | Senior Notes, 5.50% due 2016 [Member]                    
Debt Instrument [Line Items]                    
Current portion of long-term debt and term loan agreement                   $ 350.0
Senior Notes [Member] | Senior Notes, 4.50% due 2022 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     642.0   642.0   642.0      
Senior Notes [Member] | Senior Notes, 8.25 Percent due 2023 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations $ 750.0   738.0   738.0   0.0      
Senior Notes [Member] | Senior Notes, 6.35% due 2017 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     90.0   90.0   604.0      
Senior Notes [Member] | Senior Notes, 6.00% due 2018 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     66.0   66.0   498.0      
Senior Notes [Member] | Senior Notes, 9.625% due 2019 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     491.0   491.0   1,012.0      
Senior Notes [Member] | Senior Notes, 5.125% due 2020 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     364.0   364.0   768.0      
Senior Notes [Member] | Exchangeable Senior Notes, 5.875 Percent due 2021 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     1,136.0   1,136.0   0.0      
Senior Notes [Member] | Senior Notes, 7.75 Percent due 2021 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations 750.0   738.0   738.0   0.0      
Senior Notes [Member] | Senior Notes, 5.95% due 2042 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     368.0   368.0   368.0      
Senior Notes [Member] | Senior Notes, 6.50% due 2036 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     446.0   446.0   446.0      
Senior Notes [Member] | Senior Notes, 6.75% due 2040 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     456.0   456.0   456.0      
Senior Notes [Member] | Senior Notes, 6.80% due 2037 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     255.0   255.0   255.0      
Senior Notes [Member] | Senior Notes, 7.00% due 2038 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     455.0   455.0   455.0      
Senior Notes [Member]                    
Debt Instrument [Line Items]                    
Repayments of Debt 1,972.0                  
Debt Instrument, Repurchased Face Amount $ 1,867.0   2.0   2.0          
Interest Payable     27.0   27.0          
Bond Tender Premium, Net     78.0              
Senior Notes [Member] | Senior Notes [Member]                    
Debt Instrument [Line Items]                    
Book Value of Debt Repurchase             160.0      
Gain on repurchase of debt             12.0      
Senior Notes [Member] | Senior Notes, 5.50% due 2016 [Member]                    
Debt Instrument [Line Items]                    
Debt and Capital Lease Obligations     0.0   0.0   350.0      
Weatherford Delaware [Member]                    
Debt Instrument [Line Items]                    
Long-term Debt     $ 259.0   $ 259.0   $ 862.0      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 4.50% due 2022 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     4.50%   4.50%   4.50%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 6.00% due 2018 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     6.00%   6.00%   6.00%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 9.625% due 2019 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     9.625%   9.625%   9.625%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 5.125% due 2020 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     5.125%   5.125%   5.125%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 5.95% due 2042 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     5.95%   5.95%   5.95%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 6.50% due 2036 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     6.50%   6.50%   6.50%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 6.75% due 2040 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     6.75%   6.75%   6.75%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 7.00% due 2038 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     7.00%   7.00%   7.00%      
Weatherford Delaware [Member] | Senior Notes [Member] | Senior Notes, 5.50% due 2016 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     5.50%   5.50%   5.50%      
Weatherford Bermuda [Member]                    
Debt Instrument [Line Items]                    
Long-term Debt     $ 6,473.0   $ 6,473.0   $ 4,885.0      
Weatherford Bermuda [Member] | Senior Notes [Member] | Senior Notes, 8.25 Percent due 2023 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     8.25%   8.25%          
Weatherford Bermuda [Member] | Senior Notes [Member] | Senior Notes, 6.35% due 2017 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     6.35%   6.35%   6.35%      
Weatherford Bermuda [Member] | Senior Notes [Member] | Exchangeable Senior Notes, 5.875 Percent due 2021 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     5.875%   5.875%          
Weatherford Bermuda [Member] | Senior Notes [Member] | Senior Notes, 7.75 Percent due 2021 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     7.75%   7.75%          
Weatherford Bermuda [Member] | Senior Notes [Member] | Senior Notes, 6.80% due 2037 [Member]                    
Debt Instrument [Line Items]                    
Stated interest rate on debt     6.80%   6.80%   6.80%      
London Interbank Offered Rate (LIBOR) [Member] | Term Loan Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Basis Spread on Variable Rate     2.30%              
London Interbank Offered Rate (LIBOR) [Member] | A&R Credit Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Basis Spread on Variable Rate     2.80%              
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | Term Loan Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Basis Spread on Variable Rate         1.425%          
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Term Loan Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Basis Spread on Variable Rate         3.20%          
Base Rate [Member] | Minimum [Member] | Term Loan Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Basis Spread on Variable Rate         0.425%          
Base Rate [Member] | Maximum [Member] | Term Loan Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Basis Spread on Variable Rate         2.20%