

	2017 Quarters
(Dollars in millions, except per share amounts)	First				Second				Third				Fourth				Total
Revenues	$	1,386			$	1,363			$	1,460			$	1,490			$	5,699
Gross Profit	180				174				264				192				810
Net Loss Attributable to Weatherford	(448		)	^(a)	(171		)	^(b)	(256		)	^(c)	(1,938		)	^(d)	(2,813		)

Basic & Diluted Loss Per Share	(0.45		)		(0.17		)		(0.26		)		(1.95		)		(2.84		)


(a)	Includes charges of $134 million primarily related to severance and restructuring charges, asset write-downs and a warrant fair value adjustment, partially offset by defined benefit pension plan reclassifications.


(b)	Includes credits of $108 million primarily related to gains on a warrant fair value and defined benefit pension plan reclassifications, partially offset by severance and restructuring charges and asset write-downs.


(c)	Includes charges of $35 million primarily related to severance and restructuring charges and a warrant fair value adjustment.

(d)

Includes charges of $1.6 billion primarily related to long-lived asset impairments (including the write-down to the lower of carrying amount or fair value less cost to sell of our land drilling rigs assets classified as held for sale), inventory write-downs, the write-down of Venezuelan receivables, severance and restructuring charges, partially offset by a gain on sale of assets and a warrant fair value adjustment.



	2016 Quarters
(Dollars in millions, except per share amounts)	First				Second				Third				Fourth				Total
Revenues	$	1,585			$	1,402			$	1,356			$	1,406			$	5,749
Gross Profit	111				164				126				159				560
Net Loss Attributable to Weatherford	(498		)	^(e)	(565		)	^(f)	(1,780		)	^(g)	(549		)	^(h)	(3,392		)

Basic & Diluted Loss Per Share	(0.61		)		(0.63		)		(1.98		)		(0.59		)		(3.82		)


(e)	Includes charges of $285 million primarily related to severance and restructuring, litigation charges, pressure pumping related charges and an estimated project loss on our long-term early production facility construction contract.


(f)	Includes charges of $347 million primarily related to litigation charges, an adjustment to a note from PDVSA to fair value, a bond tender premium incurred from a tender offer and severance and restructuring charges partially offset by an estimated project income on our long-term early production facility construction contract.


(g)	Includes charges of $771 million primarily related to long-lived asset impairments, inventory write-downs and severance and restructuring.


(h)	Includes charges of $245 million primarily related to severance and restructuring, litigation charges and pressure pumping related charges.