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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Products $ 2,059 $ 3,573 $ 6,059
Services 3,690 5,860 8,852
Total Revenues 5,749 9,433 14,911
Costs and Expenses:      
Cost of Products 2,143 3,433 4,942
Cost of Services 3,046 4,588 6,519
Research and Development 159 231 290
Selling, General and Administrative Attributable to Segments 970 1,353 1,727
Corporate General and Administrative 139 227 290
Long-Lived Asset Impairments, Write-Downs and Other Charges 1,043 768 495
Goodwill and Equity Investment Impairment 0 25 161
Restructuring Charges 280 232 331
Litigation Charges, Net 220 116 0
Loss (Gain) on Sale of Businesses and Investments, Net 0 6 (349)
Total Costs and Expenses 8,000 10,979 14,406
Operating Income (Loss) (2,251) (1,546) 505
Other Income (Expense):      
Interest Expense, Net (499) (468) (498)
Bond Tender Premium, Net (78) 0 0
Currency Devaluation Charges (41) (85) (245)
Other Income (Expense), Net (8) 3 (17)
Loss Before Income Taxes (2,877) (2,096) (255)
Income Tax (Provision) Benefit (496) 145 (284)
Net Loss (3,373) (1,951) (539)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 19 34 45
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest (3,342) (2,711) (1,233)
Net Income Attributable to Noncontrolling Interests 19 34 45
Net Loss Attributable to Weatherford $ (3,392) $ (1,985) $ (584)
Loss Per Share Attributable to Weatherford:      
Basic (in dollars per share) $ (3.82) $ (2.55) $ (0.75)
Diluted (in dollars per share) $ (3.82) $ (2.55) $ (0.75)
Weighted Average Shares Outstanding:      
Basic (in shares) 887 779 777
Diluted (in shares) 887 779 777