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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and Cash Equivalents $ 393 $ 613
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $138 in 2018 and $156 in 2017 1,155 1,103
Inventories, Net 1,097 1,234
Prepaid Expenses 133 237
Other Current Assets 334 332
Assets Held for Sale 618 359
Total Current Assets 3,730 3,878
Property, Plant and Equipment, Net of Accumulated Depreciation of $6,839 in 2018 and $7,462 in 2017 2,157 2,708
Goodwill 2,632 2,727
Other Intangible Assets, Net of Accumulated Amortization of $736 in 2018 and $870 in 2017 192 213
Other Non-Current Assets 127 221
Total Assets 8,838 9,747
Current Liabilities:    
Short-term Borrowings and Current Portion of Long-term Debt 396 148
Accounts Payable 728 856
Accrued Salaries and Benefits 241 308
Income Taxes Payable 231 228
Other Current Liabilities 654 690
Disposal Group, Including Discontinued Operation, Liabilities, Current 49 0
Total Current Liabilities 2,299 2,230
Long-term Debt 7,626 7,541
Other Non-Current Liabilities 421 547
Total Liabilities 10,346 10,318
Shareholders’ (Deficiency) Equity:    
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,000 shares at September 30, 2018 and 993 shares at December 31, 2017 1 1
Capital in Excess of Par Value 6,702 6,655
Retained Deficit (6,568) (5,763)
Accumulated Other Comprehensive Loss (1,688) (1,519)
Weatherford Shareholders’ Deficiency (1,553) (626)
Noncontrolling Interests 45 55
Total Shareholders’ Deficiency (1,508) (571)
Total Liabilities and Shareholders’ Deficiency $ 8,838 $ 9,747