Income per Share (Tables)

6 Months Ended

Jun. 30, 2024

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 per share calculation was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(Dollars and shares in millions, except per share amounts)	2024		2023		2024		2023
Net Income Attributable to Weatherford	$	125	$	82	$	237	$	154
Basic Weighted Average Shares Outstanding	73.2		72.1		73.1		72.1
Dilutive Effect of Awards Granted in Stock Incentive Plan	2.1		1.3		1.9		1.3
Diluted Weighted Average Shares Outstanding	75.3		73.4		75.0		73.4
Basic Income per Share	$	1.71	$	1.14	$	3.25	$	2.14
Diluted Income per Share	$	1.66	$	1.12	$	3.16	$	2.11
Anti-dilutive Weighted Average Shares:
Warrants	—		7.8		—		7.8
Equity Awards	0.5		1.0		0.5		0.9
Total Anti-dilutive Weighted Average Shares	0.5		8.8		0.5		8.7