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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and Cash Equivalents $ 598 $ 602
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $124 at March 31, 2019 and $123 at December 31, 2018 1,154 1,130
Inventories, Net 1,050 1,025
Other Current Assets 434 428
Assets Held for Sale 170 265
Total Current Assets 3,406 3,450
Property, Plant and Equipment, Net of Accumulated Depreciation of $5,784 at March 31, 2019 and $5,786 at December 31, 2018 1,994 2,086
Goodwill 504 713
Other Non-Current Assets 615 352
Total Assets 6,519 6,601
Current Liabilities:    
Short-term Borrowings and Current Portion of Long-term Debt 612 383
Accounts Payable 746 732
Accrued Salaries and Benefits 236 249
Income Taxes Payable 198 214
Other Current Liabilities 712 722
Total Current Liabilities 2,504 2,300
Long-term Debt 7,606 7,605
Other Non-Current Liabilities 515 362
Total Liabilities 10,625 10,267
Shareholders’ Deficiency:    
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,003 shares at March 31, 2019 and 1,002 shares at December 31, 2018 1 1
Capital in Excess of Par Value 6,719 6,711
Retained Deficit (9,152) (8,671)
Accumulated Other Comprehensive Loss (1,713) (1,746)
Weatherford Shareholders’ Deficiency (4,145) (3,705)
Noncontrolling Interests 39 39
Total Shareholders’ Deficiency (4,106) (3,666)
Total Liabilities and Shareholders’ Deficiency $ 6,519 $ 6,601