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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total Revenue $ 1,193 $ 1,358
Costs and Expenses:    
Research and Development 29 31
Selling, General and Administrative 161 205
Restructuring Charges 29 3
Other Charges, Net 13 2
Total Costs and Expenses 1,051 1,125
Operating Income 142 233
Interest Expense, Net of Interest Income of $11 and $14 (26) (29)
Other Expense, Net (20) (22)
Income Before Income Taxes 96 182
Income Tax Provision (10) (59)
Net Income 86 123
Net Income Attributable to Noncontrolling Interests 10 11
Net Income Attributable to Weatherford $ 76 $ 112
Basic Income per Share (in dollars per share) $ 1.04 $ 1.54
Basic Weighted Average Shares Outstanding (in shares) 73.1 72.9
Diluted Income per Share (in dollars per share) $ 1.03 $ 1.50
Diluted Weighted Average Shares Outstanding (in shares) 73.4 74.7
Services    
Revenue:    
Total Revenue $ 741 $ 865
Costs and Expenses:    
Cost of Services and Products 464 527
Products    
Revenue:    
Total Revenue 452 493
Costs and Expenses:    
Cost of Services and Products $ 355 $ 357