CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and Cash Equivalents	$ 958	$ 910
Restricted Cash	105	202
Accounts Receivable, Net of Allowance for Credit Losses of $16 at December 31, 2023 and $26 at December 31, 2022	1,216	989
Inventories, Net	788	689
Other Current Assets	278	253
Total Current Assets	3,345	3,043
Property, Plant and Equipment, Net of Accumulated Depreciation of $883 at December 31, 2023 and $773 at December 31, 2022	957	918
Intangible Assets, Net of Accumulated Amortization of $639 at December 31, 2023 and $480 at December 31, 2022	370	506
Operating Lease Assets	138	115
Other Non-current Assets	258	138
Total Assets	5,068	4,720
Liabilities:
Current Portion of Long-term Debt	168	45
Accounts Payable	679	460
Accrued Salaries and Benefits	387	367
Income Taxes Payable	138	141
Current Portion of Operating Lease Liabilities	46	44
Other Current Liabilities	448	413
Total Current Liabilities	1,866	1,470
Long-term Debt	1,715	2,203
Operating Lease Liabilities	131	117
Non-current Taxes Payable	282	251
Other Non-current Liabilities	152	128
Total Liabilities	4,146	4,169
Shareholders’ Equity:
Ordinary Shares - Par value $0.001; Authorized 1,356, Issued and Outstanding 72 at December 31, 2023 and 71 at December 31, 2022	0	0
Capital in Excess of Par Value	2,906	2,928
Retained Deficit	(1,954)	(2,371)
Accumulated Other Comprehensive Loss	(28)	(22)
Weatherford Shareholders’ Equity	924	535
Noncontrolling Interests	(2)	16
Total Shareholders’ Equity	922	551
Total Liabilities and Shareholders’ Equity	$ 5,068	$ 4,720