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Loss per Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Loss per Share Loss per Share

Basic earnings (loss) per share for all periods presented equals net income (loss) divided by our weighted average shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net income (loss) by our weighted average shares outstanding during the period including potential dilutive ordinary shares.

The following table presents our basic and diluted weighted average shares outstanding and loss per share for the three months ended March 31, 2020 and 2019:
 
Successor
 
 
Predecessor
 
Three Months Ended
 
 
Three Months Ended
(Dollars and shares in millions, except per share amounts)
3/31/2020
 
 
3/31/2019
Net Loss Attributable to Weatherford
$
(966
)
 
 
$
(481
)
Basic and Diluted weighted average shares outstanding
70

 
 
1,003

Basic and Diluted Loss Per Share Attributable to Weatherford
$
(13.80
)
 
 
$
(0.48
)


Our basic and diluted weighted average shares outstanding for the Successor Period and Predecessor Period are equivalent due to the net loss attributable to shareholders. Diluted weighted average shares outstanding for the Successor Period and Predecessor Period exclude 8 million and 250 million, respectively, potential ordinary shares for restricted share units, performance units, exchangeable senior notes and warrants outstanding as we have net losses for those periods and their inclusion would be anti-dilutive.