XML 82 R71.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidating Financial Statements (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
Dec. 31, 2014
Current Assets        
Cash and Cash Equivalents $ 440 $ 467 $ 519 $ 474
Other Current Assets 4,158 5,097    
Total Current Assets 4,598 5,564    
Equity Investments in Affiliates 0 0    
Intercompany Receivables, Net 0 0    
Other Assets 8,037 9,196    
Total Assets 12,635 14,760    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 555 1,582    
Accounts Payable and Other Current Liabilities 2,165 2,449    
Total Current Liabilities 2,720 4,031    
Long-term Debt 6,937 5,852    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 595 512    
Total Liabilities 10,252 10,395    
Weatherford Shareholders’ Equity 2,324 4,304    
Noncontrolling Interests 59 61    
Total Liabilities and Shareholders’ Equity 12,635 14,760    
Weatherford Ireland [Member]        
Current Assets        
Cash and Cash Equivalents 0 0 0 1
Other Current Assets 1 4    
Total Current Assets 1 4    
Equity Investments in Affiliates 2,926 5,693    
Intercompany Receivables, Net 0 0    
Other Assets 1 3    
Total Assets 2,928 5,700    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 0 0    
Accounts Payable and Other Current Liabilities 172 19    
Total Current Liabilities 172 19    
Long-term Debt 0 0    
Intercompany Payables, Net 432 1,362    
Other Long-term Liabilities 0 15    
Total Liabilities 604 1,396    
Weatherford Shareholders’ Equity 2,324 4,304    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 2,928 5,700    
Weatherford Bermuda [Member]        
Current Assets        
Cash and Cash Equivalents 21 2 1 0
Other Current Assets 0 0    
Total Current Assets 21 2    
Equity Investments in Affiliates 9,149 8,709    
Intercompany Receivables, Net 276 0    
Other Assets 14 2    
Total Assets 9,460 8,713    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 383 1,503    
Accounts Payable and Other Current Liabilities 221 212    
Total Current Liabilities 604 1,715    
Long-term Debt 6,468 4,885    
Intercompany Payables, Net 0 6,147    
Other Long-term Liabilities 272 77    
Total Liabilities 7,344 12,824    
Weatherford Shareholders’ Equity 2,116 (4,111)    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 9,460 8,713    
Weatherford Delaware [Member]        
Current Assets        
Cash and Cash Equivalents 0 22 22 22
Other Current Assets 544 651    
Total Current Assets 544 673    
Equity Investments in Affiliates 7,651 9,187    
Intercompany Receivables, Net 0 0    
Other Assets 0 16    
Total Assets 8,195 9,876    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 96 6    
Accounts Payable and Other Current Liabilities 0 0    
Total Current Liabilities 96 6    
Long-term Debt 143 862    
Intercompany Payables, Net 3,505 2,914    
Other Long-term Liabilities 265 10    
Total Liabilities 4,009 3,792    
Weatherford Shareholders’ Equity 4,186 6,084    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 8,195 9,876    
Other Subsidiaries [Member]        
Current Assets        
Cash and Cash Equivalents 419 443 496 451
Other Current Assets 4,182 5,146    
Total Current Assets 4,601 5,589    
Equity Investments in Affiliates 1,068 3,483    
Intercompany Receivables, Net 3,661 10,423    
Other Assets 8,121 9,175    
Total Assets 17,451 28,670    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 76 73    
Accounts Payable and Other Current Liabilities 2,440 2,922    
Total Current Liabilities 2,516 2,995    
Long-term Debt 214 105    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 323 410    
Total Liabilities 3,053 3,510    
Weatherford Shareholders’ Equity 14,339 25,099    
Noncontrolling Interests 59 61    
Total Liabilities and Shareholders’ Equity 17,451 28,670    
Eliminations [Member]        
Current Assets        
Cash and Cash Equivalents 0 0 $ 0 $ 0
Other Current Assets (569) (704)    
Total Current Assets (569) (704)    
Equity Investments in Affiliates (20,794) (27,072)    
Intercompany Receivables, Net (3,937) (10,423)    
Other Assets (99) 0    
Total Assets (25,399) (38,199)    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 0 0    
Accounts Payable and Other Current Liabilities (668) (704)    
Total Current Liabilities (668) (704)    
Long-term Debt 112 0    
Intercompany Payables, Net (3,937) (10,423)    
Other Long-term Liabilities (265) 0    
Total Liabilities (4,758) (11,127)    
Weatherford Shareholders’ Equity (20,641) (27,072)    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity $ (25,399) $ (38,199)