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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Products $ 501 $ 511
Services 922 875
Total Revenues 1,423 1,386
Costs and Expenses:    
Cost of Products 465 486
Cost of Services 680 720
Research and Development 38 39
Selling, General and Administrative Attributable to Segments 200 230
Corporate General and Administrative 36 33
Asset Write-Downs and Other 18 17
Restructuring and Transformation Charges 25 75
Total Costs and Expenses 1,462 1,600
Operating Income (Loss) (39) (214)
Other Income (Expense):    
Interest Expense, Net (149) (141)
Warrant Fair Value Adjustment 46 (62)
Bond Tender Premium, Net (34) 0
Currency Devaluation Charges (26) 0
Other Income (Expense), Net (8) 7
Loss Before Income Taxes (210) (410)
Income Tax Provision (32) (33)
Net Loss (242) (443)
Net Income Attributable to Noncontrolling Interests 3 5
Net Income (Loss) Attributable to Weatherford $ (245) $ (448)
Loss Per Share Attributable to Weatherford:    
Earnings Per Share, Basic and Diluted $ (0.25) $ (0.45)
Weighted Average Shares Outstanding:    
Weighted Average Number of Shares Outstanding, Basic and Diluted 994 988