XML 80 R69.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidating Financial Statements (Condensed Consolidating Statement of Operations) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Condensed Income Statements, Captions [Line Items]        
Revenues $ 1,363 $ 1,402 $ 2,749 $ 2,987
Costs and Expenses (1,490) (1,862) (3,072) (3,894)
Operating Income (Loss) (127) (460) (323) (907)
Other Income (Expense):        
Interest Expense, Net (138) (119) (279) (234)
Intercompany Charges, Net 0 0 0 0
Equity in Subsidiary Income (Loss) 0 0 0 0
Other, Net 117 (85) 44 (115)
Loss Before Income Taxes (148) (664) (558) (1,256)
(Provision) Benefit for Income Taxes (17) 102 (50) 203
Net Loss (165) (562) (608) (1,053)
Noncontrolling Interests 6 3 11 10
Net Income (Loss) Attributable to Weatherford (171) (565) (619) (1,063)
Comprehensive Income (Loss) Attributable to Weatherford (181) (574) (586) (929)
Other Subsidiaries        
Condensed Income Statements, Captions [Line Items]        
Revenues 1,363 1,402 2,749 2,987
Costs and Expenses (1,505) (1,786) (3,104) (3,752)
Operating Income (Loss) (142) (384) (355) (765)
Other Income (Expense):        
Interest Expense, Net 11 (4) 15 (7)
Intercompany Charges, Net 120 27 (129) (265)
Equity in Subsidiary Income (Loss) 0 0 0 0
Other, Net (255) 5 (50) (12)
Loss Before Income Taxes (266) (356) (261) (1,049)
(Provision) Benefit for Income Taxes (17) 83 (50) 179
Net Loss (283) (273) (311) (870)
Noncontrolling Interests 6 3 11 10
Net Income (Loss) Attributable to Weatherford (289) (276) (322) (880)
Comprehensive Income (Loss) Attributable to Weatherford (298) (285) (288) (746)
Weatherford Ireland        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 0 0 0
Costs and Expenses (5) (81) (8) (147)
Operating Income (Loss) (5) (81) (8) (147)
Other Income (Expense):        
Interest Expense, Net 0 0 0 0
Intercompany Charges, Net 3 13 (4) 12
Equity in Subsidiary Income (Loss) (296) (497) (680) (928)
Other, Net 127 0 65 0
Loss Before Income Taxes (171) (565) (619) (1,063)
(Provision) Benefit for Income Taxes 0 0 0 0
Net Loss (171) (565) (619) (1,063)
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford (171) (565) (619) (1,063)
Comprehensive Income (Loss) Attributable to Weatherford (181) (574) (586) (929)
Weatherford Bermuda        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 0 0 0
Costs and Expenses 19 0 39 0
Operating Income (Loss) 19 0 39 0
Other Income (Expense):        
Interest Expense, Net (144) (106) (283) (204)
Intercompany Charges, Net (82) 5 90 (41)
Equity in Subsidiary Income (Loss) (304) 28 (132) (260)
Other, Net 247 (73) 31 (86)
Loss Before Income Taxes (264) (146) (435) (591)
(Provision) Benefit for Income Taxes 0 0 0 0
Net Loss (264) (146) (435) (591)
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford (264) (146) (435) (591)
Comprehensive Income (Loss) Attributable to Weatherford (290) (188) (466) (640)
Weatherford Delaware        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 0 0 0
Costs and Expenses 1 5 1 5
Operating Income (Loss) 1 5 1 5
Other Income (Expense):        
Interest Expense, Net 1 (12) (20) (26)
Intercompany Charges, Net (41) (45) 43 (46)
Equity in Subsidiary Income (Loss) (39) 47 180 (188)
Other, Net 191 (27) 52 (27)
Loss Before Income Taxes 113 (32) 170 (282)
(Provision) Benefit for Income Taxes 0 19 0 24
Net Loss 113 (13) 170 (258)
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford 113 (13) 170 (258)
Comprehensive Income (Loss) Attributable to Weatherford 128 (40) 102 (286)
Eliminations        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 0 0 0
Costs and Expenses 0 0 0 0
Operating Income (Loss) 0 0 0 0
Other Income (Expense):        
Interest Expense, Net (6) 3 9 3
Intercompany Charges, Net 0 0 0 340
Equity in Subsidiary Income (Loss) 639 422 632 1,376
Other, Net (193) 10 (54) 10
Loss Before Income Taxes 440 435 587 1,729
(Provision) Benefit for Income Taxes 0 0 0 0
Net Loss 440 435 587 1,729
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford 440 435 587 1,729
Comprehensive Income (Loss) Attributable to Weatherford $ 460 $ 513 $ 652 $ 1,672