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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Assets:    
Cash and Cash Equivalents $ 602 $ 613
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $123 in 2018 and $156 in 2017 1,130 1,103
Inventories, Net 1,025 1,234
Other Current Assets 428 569
Disposal Group, Including Discontinued Operation, Assets, Current 265 359
Total Current Assets 3,450 3,878
Rental and Service Equipment 4,869 5,621
Property, Plant and Equipment, Gross 7,872 9,310
Less: Accumulated Depreciation 5,786 6,602
Property, Plant and Equipment, Net 2,086 2,708
Goodwill 713 2,727
Other Non-current Assets 352 434
Total Assets 6,601 9,747
Liabilities:    
Short-term Borrowings and Current Portion of Long-term Debt 383 148
Accounts Payable 732 856
Accrued Salaries and Benefits 249 308
Income Taxes Payable 214 228
Other Current Liabilities 722 690
Total Current Liabilities 2,300 2,230
Long-term Debt and Capital Lease Obligations 7,605 7,541
Other Non-current Liabilities 362 547
Total Liabilities 10,267 10,318
Shareholders’ Deficiency:    
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,002 shares and 993 shares at December 31, 2018 and 2017, respectively 1 1
Capital in Excess of Par Value 6,711 6,655
Retained Deficit (8,671) (5,763)
Accumulated Other Comprehensive Loss (1,746) (1,519)
Weatherford Shareholders’ Deficiency (3,705) (626)
Noncontrolling Interests 39 55
Total Shareholders’ Deficiency (3,666) (571)
Total Liabilities and Shareholders’ Deficiency $ 6,601 $ 9,747