XML 143 R127.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidating Financial Statements Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Current Assets        
Cash and Cash Equivalents $ 602 $ 613 $ 1,037 $ 467
Other Current Assets 2,848 3,265    
Total Current Assets 3,450 3,878    
Equity Investments in Affiliates 0 0    
Intercompany Receivables, Net 0 0    
Other Assets 3,151 5,869    
Total Assets 6,601 9,747    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-term Debt 383 148    
Accounts Payable and Other Current Liabilities 1,917 2,082    
Total Current Liabilities 2,300 2,230    
Long-term Debt and Capital Lease Obligations 7,605 7,541    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 362 547    
Total Liabilities 10,267 10,318    
Weatherford Shareholders’ Equity (3,705) (626)    
Noncontrolling Interests 39 55    
Total Liabilities and Shareholders’ Deficiency 6,601 9,747    
Reportable Legal Entities [Member] | Weatherford Ireland [Member]        
Current Assets        
Cash and Cash Equivalents 0 0 0 0
Other Current Assets 1 1    
Total Current Assets 1 1    
Equity Investments in Affiliates (3,694) (460)    
Intercompany Receivables, Net 0 0    
Other Assets 0 0    
Total Assets (3,693) (459)    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-term Debt 0 0    
Accounts Payable and Other Current Liabilities 9 10    
Total Current Liabilities 9 10    
Long-term Debt and Capital Lease Obligations 0 0    
Intercompany Payables, Net 3 87    
Other Long-term Liabilities 0 70    
Total Liabilities 12 167    
Weatherford Shareholders’ Equity (3,705) (626)    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Deficiency (3,693) (459)    
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] | Weatherford Bermuda [Member]        
Current Assets        
Cash and Cash Equivalents 284 195 586 2
Other Current Assets 0 0    
Total Current Assets 284 195    
Equity Investments in Affiliates 7,531 7,998    
Intercompany Receivables, Net 103 0    
Other Assets 15 8    
Total Assets 7,933 8,201    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-term Debt 373 128    
Accounts Payable and Other Current Liabilities 174 183    
Total Current Liabilities 547 311    
Long-term Debt and Capital Lease Obligations 6,632 7,127    
Intercompany Payables, Net 0 242    
Other Long-term Liabilities 7 146    
Total Liabilities 7,186 7,826    
Weatherford Shareholders’ Equity 747 375    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Deficiency 7,933 8,201    
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] | Weatherford Delaware [Member]        
Current Assets        
Cash and Cash Equivalents 0 0 4 22
Other Current Assets 654 516    
Total Current Assets 654 516    
Equity Investments in Affiliates 7,203 8,009    
Intercompany Receivables, Net 0 0    
Other Assets 4 4    
Total Assets 7,861 8,529    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-term Debt 0 0    
Accounts Payable and Other Current Liabilities 0 0    
Total Current Liabilities 0 0    
Long-term Debt and Capital Lease Obligations 775 166    
Intercompany Payables, Net 3,066 3,884    
Other Long-term Liabilities 0 136    
Total Liabilities 3,841 4,186    
Weatherford Shareholders’ Equity 4,020 4,343    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Deficiency 7,861 8,529    
Reportable Legal Entities [Member] | Other Subsidiaries [Member]        
Current Assets        
Cash and Cash Equivalents 318 418 447 443
Other Current Assets 2,887 3,298    
Total Current Assets 3,205 3,716    
Equity Investments in Affiliates 354 530    
Intercompany Receivables, Net 2,966 4,213    
Other Assets 3,132 5,857    
Total Assets 9,657 14,316    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-term Debt 10 20    
Accounts Payable and Other Current Liabilities 2,428 2,439    
Total Current Liabilities 2,438 2,459    
Long-term Debt and Capital Lease Obligations 130 159    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 362 332    
Total Liabilities 2,930 2,950    
Weatherford Shareholders’ Equity 6,688 11,311    
Noncontrolling Interests 39 55    
Total Liabilities and Shareholders’ Deficiency 9,657 14,316    
Eliminations [Member]        
Current Assets        
Cash and Cash Equivalents 0 0 $ 0 $ 0
Other Current Assets (694) (550)    
Total Current Assets (694) (550)    
Equity Investments in Affiliates (11,394) (16,077)    
Intercompany Receivables, Net (3,069) (4,213)    
Other Assets 0 0    
Total Assets (15,157) (20,840)    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-term Debt 0 0    
Accounts Payable and Other Current Liabilities (694) (550)    
Total Current Liabilities (694) (550)    
Long-term Debt and Capital Lease Obligations 68 89    
Intercompany Payables, Net (3,069) (4,213)    
Other Long-term Liabilities (7) (137)    
Total Liabilities (3,702) (4,811)    
Weatherford Shareholders’ Equity (11,455) (16,029)    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Deficiency $ (15,157) $ (20,840)