XML 18 R1.htm IDEA: XBRL DOCUMENT v3.20.4
Cover - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Mar. 12, 2021
Jun. 30, 2020
Document Information [Line Items]      
Document Type 10-K/A    
Document Annual Report true    
Current Fiscal Year End Date --12-31    
Document Period End Date Dec. 31, 2020    
Document Transition Report false    
Entity File Number 001-36504    
Entity Registrant Name Weatherford International plc    
Entity Incorporation, State or Country Code L2    
Entity Tax Identification Number 98-0606750    
Entity Address, Address Line One 2000 St. James Place,    
Entity Address, City or Town Houston,    
Entity Address, State or Province TX    
Entity Address, Postal Zip Code 77056    
City Area Code 713    
Local Phone Number 836.4000    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers Yes    
Entity Current Reporting Status No    
Entity Interactive Data Current Yes    
Entity Filer Category Non-accelerated Filer    
Entity Small Business true    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Entity Shell Company false    
Entity Public Float     $ 87
Entity Common Stock, Shares Outstanding   70,120,153  
Entity Central Index Key 0001603923    
Document Fiscal Year Focus 2020    
Document Fiscal Period Focus FY    
Amendment Flag true    
Entity Bankruptcy Proceedings, Reporting Current true    
Amendment Description EXPLANATORY NOTEThe purpose of this Amendment No. 1 (this “Amendment”) to our Annual Report on Form 10-K for the year ended December 31, 2020, which was filed with the Securities and Exchange Commission (the “SEC”) on February 19, 2021 (the “Original Filing”) is to provide additional information under Item 9B of Part II as well as the information required by Items 10, 11, 12, 13 and 14 of Part III of Form 10-K, as a definitive proxy statement containing such Part III information will not be filed within 120 days after the end of the fiscal year covered by the Original Filing. This Amendment amends and restates in its entirety Item 9B of Part II, Items 10, 11, 12, 13, 14 of Part III and the cover page of the Original Filing since such rules are not applicable to the Company. This Amendment does not reflect events occurring after the date of the Original Filing or modify or update any of the other disclosures contained therein in any way other than as required to reflect the amendments described above to such items. In addition, in connection with the filing of this Amendment and pursuant to the rules of the SEC, we are including with this Amendment certain currently dated certifications. Accordingly, Item 15 of Part IV has also been amended to reflect the filing of these currently dated certifications.On April 17, 2020, the New York Stock Exchange (the “NYSE”) filed a Form 25 with the SEC. The delisting of our ordinary shares from the NYSE became effective on April 27, 2020, and our ordinary shares were subsequently deregistered under Section 12(b) of the Exchange Act on July 16, 2020. We continue to evaluate listing options and intend to relist our ordinary shares when our Board of Directors (the “Board”) determines market conditions are appropriate. Until such time as our ordinary shares are relisted, the Company intends to continue filing periodic reports with the SEC on a voluntary basis. In addition, while our ordinary shares have been delisted from the NYSE and deregistered under Section 12(b) of the Exchange Act, as a matter of continued corporate governance, we have voluntarily chosen to continue to follow certain NYSE and SEC rules and governance standards, including for example, those governing committees of the Board and their composition and director independence.