Income (Loss) per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares

A reconciliation of the number of shares used for the basic and diluted income (loss) per share calculation was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars and shares in millions, except per share amounts)	2023		2022		2023		2022
Net Income (Loss) Attributable to Weatherford	$	123	$	28	$	277	$	(46)
Basic Weighted Average Shares Outstanding	72		71		72		71
Dilutive Effect of Awards Granted in Stock Incentive Plan	2		1		2		—
Diluted Weighted Average Shares Outstanding	74		72		74		71
Basic Income (Loss) per Share	$	1.70	$	0.39	$	3.85	$	(0.65)
Diluted Income (Loss) per Share	$	1.66	$	0.39	$	3.76	$	(0.65)
Antidilutive Shares:
Warrants	8		8		8		8
Equity Awards	—		—		1		1
Total Antidilutive Shares	8		8		9		9