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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Revenue $ 903 $ 821 $ 1,735 $ 2,036
Costs and Expenses:        
Research and Development 21 23 42 56
Selling, General and Administrative 188 223 376 471
Impairments and Other Charges (Credits), Net (8) 406 (8) 1,223
Restructuring Charges 0 57 0 83
Total Costs and Expenses 878 1,318 1,723 3,355
Operating Income (Loss) 25 (497) 12 (1,319)
Nonoperating Income (Expense) [Abstract]        
Interest Expense (72) (59) (142) (117)
Reorganization Items 0 0 0 (9)
Other Expense, Net (11) (11) (15) (36)
Loss Before Income Taxes (58) (567) (145) (1,481)
Income Tax Provision (15) (12) (38) (56)
Net Loss (73) (579) (183) (1,537)
Net Income Attributable to Noncontrolling Interests 5 2 11 10
Net Loss Attributable to Weatherford $ (78) $ (581) $ (194) $ (1,547)
Earnings Per Share, Basic and Diluted [Abstract]        
Loss Per Share, Basic & Diluted (in dollars per share) $ (1.11) $ (8.30) $ (2.77) $ (22.10)
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Weighted Average Shares Outstanding, Basic and Diluted (in shares)   70 70 70
Products        
Revenues:        
Revenue $ 315 $ 309 $ 624 $ 759
Costs and Expenses:        
Cost of Goods and Services Sold 285 253 565 645
Services        
Revenues:        
Revenue 588 512 1,111 1,277
Costs and Expenses:        
Cost of Goods and Services Sold $ 392 $ 356 $ 748 $ 877