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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Revenue $ 807 $ 1,314 $ 2,843 $ 3,969
Costs and Expenses:        
Research and Development 21 35 77 107
Selling, General and Administrative 180 232 651 710
Long-lived Asset Impairments 0 0 818 20
Goodwill Impairment 0 399 239 730
Inventory Charges 0 0 134 0
Restructuring, Facility and Severance 31 53 114 93
Prepetition Charges 0 0 0 86
Gain (Loss) on Disposition of Assets (12) (15) (12) (15)
(Gain) Loss on Sale of Businesses, Net 0 8 0 (104)
Total Costs and Expenses 867 1,761 4,222 4,835
Operating Income (Loss) (60) (447) (1,379) (866)
Contractual Interest Expense on Prepetition Liabilities Not Recognized in Statement of Operations   133   133
Nonoperating Income (Expense) [Abstract]        
Interest Expense, Net (Unrecognized Contractual Interest Expense was $133 million for three and nine months ended September 30, 2019) (79) (26) (196) (341)
Reorganization Items 0 (303) (9) (303)
Other Expense, Net (20) (8) (56) (18)
Loss Before Income Taxes (159) (784) (1,640) (1,528)
Income Tax Provision (8) (31) (64) (76)
Net Loss (167) (815) (1,704) (1,604)
Net Income Attributable to Noncontrolling Interests 7 6 17 14
Net Income (Loss) Attributable to Weatherford $ (174) $ (821) $ (1,721) $ (1,618)
Earnings Per Share, Basic and Diluted [Abstract]        
Loss Per Share, Basic & Diluted (in dollars per share) $ (2.48) $ (0.82) $ (24.58) $ (1.61)
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Weighted Average Shares Outstanding, Basic and Diluted (in shares) 70 1,004 70 1,004
Other Cost and Expense, Operating $ 16 $ 42 $ 48 $ 100
Products        
Revenues:        
Revenue 322 467 1,081 1,461
Costs and Expenses:        
Cost of Goods and Services Sold 290 408 935 1,343
Services        
Revenues:        
Revenue 485 847 1,762 2,508
Costs and Expenses:        
Cost of Goods and Services Sold $ 341 $ 599 $ 1,218 $ 1,765