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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Assets:    
Cash and Cash Equivalents $ 676 $ 602
Restricted Cash, Current 374 0
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $110 at September 30, 2019 and $123 at December 31, 2018 1,277 1,130
Inventories, Net 1,126 1,025
Other Current Assets 466 428
Assets Held for Sale 5 265
Total Current Assets 3,924 3,450
Property, Plant and Equipment, Net of Accumulated Depreciation of $5,932 at September 30, 2019 and $5,786 at December 31, 2018 1,881 2,086
Goodwill 0 713
Other Non-Current Assets 519 352
Total Assets 6,324 6,601
Liabilities:    
Outstanding borrowings 1,386 0
Short-term Borrowings and Current Portion of Long-term Debt 320 383
Accounts Payable 627 732
Accrued Salaries and Benefits 250 249
Income Taxes Payable 197 214
Other Current Liabilities 600 722
Total Current Liabilities 3,380 2,300
Long-term Debt 59 7,605
Other Non-Current Liabilities 475 362
Total Liabilities Not Subject to Compromise 3,914 10,267
Liabilities Subject to Compromise 7,634 0
Shareholders’ Deficiency:    
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 1,004 shares at September 30, 2019 and 1,002 shares at December 31, 2018 1 1
Capital in Excess of Par Value 6,729 6,711
Retained Deficit (10,289) (8,671)
Accumulated Other Comprehensive Loss (1,703) (1,746)
Weatherford Shareholders’ Deficiency (5,262) (3,705)
Noncontrolling Interests 38 39
Total Shareholders’ Deficiency (5,224) (3,666)
Total Liabilities and Shareholders’ Deficiency $ 6,324 $ 6,601