XML 93 R79.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidating Financial Statements (Condensed Consolidating Statement of Operations) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Condensed Income Statements, Captions [Line Items]        
Revenues $ 1,444 $ 1,460 $ 4,315 $ 4,209
Costs and Expenses (1,457) (1,530) (4,440) (4,638)
Operating Income (Loss) (13) (70) (125) (429)
Other Income (Expense):        
Interest Expense, Net (156) (148) (457) (427)
Intercompany Charges, Net 0 0 0 0
Income (Loss) from Subsidiary 0 0 0 0
Other Nonoperating Income (Expense), Including Foreign Currency Devaluation (3) (8) (33) 72
Loss Before Income Taxes (172) (226) (615) (784)
(Provision) Benefit for Income Taxes (22) (25) (80) (75)
Net Loss (194) (251) (695) (859)
Noncontrolling Interests 5 5 13 16
Net Income (Loss) Attributable to Weatherford (199) (256) (708) (875)
Comprehensive Income (Loss) Attributable to Weatherford (208) (168) (877) (754)
Other Subsidiaries        
Condensed Income Statements, Captions [Line Items]        
Revenues 1,444 1,460 4,315 4,209
Costs and Expenses (1,455) (1,534) (4,435) (4,674)
Operating Income (Loss) (11) (74) (120) (465)
Other Income (Expense):        
Interest Expense, Net 5 6 14 21
Intercompany Charges, Net (118) 60 (793) 189
Income (Loss) from Subsidiary 0 0 0 0
Other Nonoperating Income (Expense), Including Foreign Currency Devaluation (55) 54 (240) 40
Loss Before Income Taxes (179) 46 (1,139) (215)
(Provision) Benefit for Income Taxes (22) (25) (80) 75
Net Loss (201) 21 (1,219) (290)
Noncontrolling Interests 5 5 13 16
Net Income (Loss) Attributable to Weatherford (206) 16 (1,232) (306)
Comprehensive Income (Loss) Attributable to Weatherford (214) 104 (1,401) (184)
Weatherford Ireland        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 0 0 0
Costs and Expenses (2) (3) (5) (11)
Operating Income (Loss) (2) (3) (5) (11)
Other Income (Expense):        
Interest Expense, Net 0 0 0 0
Intercompany Charges, Net 6 (2) (9) (2)
Income (Loss) from Subsidiary (214) (244) (761) (924)
Other Nonoperating Income (Expense), Including Foreign Currency Devaluation 11 (7) 67 58
Loss Before Income Taxes (199) (256) (708) (875)
(Provision) Benefit for Income Taxes 0 0 0 0
Net Loss (199) (256) (708) (875)
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford (199) (256) (708) (875)
Comprehensive Income (Loss) Attributable to Weatherford (208) (168) (877) (754)
Weatherford Bermuda        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 0 0 0
Costs and Expenses 0 6 0 45
Operating Income (Loss) 0 6 0 45
Other Income (Expense):        
Interest Expense, Net (141) (149) (422) (432)
Intercompany Charges, Net 113 1 115 89
Income (Loss) from Subsidiary 93 (518) (229) (650)
Other Nonoperating Income (Expense), Including Foreign Currency Devaluation 42 (54) 142 (23)
Loss Before Income Taxes 107 (714) (394) (1,149)
(Provision) Benefit for Income Taxes 0 0 0 0
Net Loss 107 (714) (394) (1,149)
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford 107 (714) (394) (1,149)
Comprehensive Income (Loss) Attributable to Weatherford 91 (687) (436) (1,153)
Weatherford Delaware        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 0 0 0
Costs and Expenses 0 1 0 2
Operating Income (Loss) 0 1 0 2
Other Income (Expense):        
Interest Expense, Net (26) (10) (65) (30)
Intercompany Charges, Net (7) (59) (36) 102
Income (Loss) from Subsidiary 8 (445) (148) (265)
Other Nonoperating Income (Expense), Including Foreign Currency Devaluation 46 (53) 179 (1)
Loss Before Income Taxes 21 (566) (70) (396)
(Provision) Benefit for Income Taxes 0 0 0 0
Net Loss 21 (566) (70) (396)
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford 21 (566) (70) (396)
Comprehensive Income (Loss) Attributable to Weatherford 16 (538) (41) (436)
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 5 16 14
Intercompany Charges, Net (6) 0 (723) 0
Income (Loss) from Subsidiary 113 1,207 1,138 1,839
Other Nonoperating Income (Expense), Including Foreign Currency Devaluation (47) 52 (181) (2)
Loss Before Income Taxes 78 1,264 1,696 1,851
(Provision) Benefit for Income Taxes 0 0 0 0
Net Loss 78 1,264 1,696 1,851
Noncontrolling Interests 0 0 0 0
Net Income (Loss) Attributable to Weatherford 78 1,264 1,696 1,851
Comprehensive Income (Loss) Attributable to Weatherford $ 107 $ 1,121 $ 1,878 $ 1,773