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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total Revenues $ 1,064 $ 903 $ 2,002 $ 1,735
Costs and Expenses:        
Research and Development 22 21 43 42
Selling, General and Administrative 196 188 374 376
Restructuring Charges 0 0 20 0
Other Nonrecurring (Income) Expense (14) (8) 5 (8)
Total Costs and Expenses 960 878 1,880 1,723
Operating Income 104 25 122 12
Interest Income (Expense), Net (48) (72) (96) (142)
Other Nonoperating Income (Expense) (32) (11) (48) (15)
Income (Loss) Before Income Taxes 24 (58) (22) (145)
Income Tax Provision (12) (15) (40) (38)
Net Income (Loss) 12 (73) (62) (183)
Net Income Attributable to Noncontrolling Interests 6 5 12 11
Net Income (Loss) Attributable to Weatherford $ 6 $ (78) $ (74) $ (194)
Earnings Per Share, Basic and Diluted [Abstract]        
Earnings Per Share, Basic $ 0.08 $ (1.11) $ (1.04) $ (2.77)
Earnings Per Share, Diluted $ 0.08 $ (1.11) $ (1.04) $ (2.77)
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Weighted Average Number of Shares Outstanding, Basic 71 70 71 70
Weighted Average Number of Shares Outstanding, Diluted 73 70 71 70
Product [Member]        
Revenues:        
Total Revenues $ 408 $ 315 $ 753 $ 624
Costs and Expenses:        
Cost of Goods and Services Sold 338 285 635 565
Service [Member]        
Revenues:        
Total Revenues 656 588 1,249 1,111
Costs and Expenses:        
Cost of Goods and Services Sold $ 418 $ 392 $ 803 $ 748