2015 Q2 Form 10-Q Financial Statement
#000160392315000070 Filed on July 24, 2015
Income Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
Revenue | $2.390B | $3.711B |
YoY Change | -35.6% | -4.06% |
Cost Of Revenue | $1.214B | $1.728B |
YoY Change | -29.75% | -15.99% |
Gross Profit | $374.0M | $882.0M |
YoY Change | -57.6% | 18.87% |
Gross Profit Margin | 15.65% | 23.77% |
Selling, General & Admin | $392.0M | $455.0M |
YoY Change | -13.85% | -2.15% |
% of Gross Profit | 104.81% | 51.59% |
Research & Development | $59.00M | $75.00M |
YoY Change | -21.33% | 5.63% |
% of Gross Profit | 15.78% | 8.5% |
Depreciation & Amortization | $311.0M | $355.0M |
YoY Change | -12.39% | 4.11% |
% of Gross Profit | 83.16% | 40.25% |
Operating Expenses | $59.00M | $75.00M |
YoY Change | -21.33% | 5.63% |
Operating Profit | -$464.0M | $25.00M |
YoY Change | -1956.0% | -54.55% |
Interest Expense | -$117.0M | -$128.0M |
YoY Change | -8.59% | 0.0% |
% of Operating Profit | -512.0% | |
Other Income/Expense, Net | $2.000M | -$19.00M |
YoY Change | -110.53% | 5.56% |
Pretax Income | -$615.0M | -$122.0M |
YoY Change | 404.1% | 34.07% |
Income Tax | -$132.0M | $11.00M |
% Of Pretax Income | ||
Net Earnings | -$489.0M | -$145.0M |
YoY Change | 237.24% | 22.88% |
Net Earnings / Revenue | -20.46% | -3.91% |
Basic Earnings Per Share | -$0.63 | -$0.19 |
Diluted Earnings Per Share | -$0.63 | -$0.19 |
COMMON SHARES | ||
Basic Shares Outstanding | 778.0M shares | 777.0M shares |
Diluted Shares Outstanding | 778.0M shares | 777.0M shares |
Balance Sheet
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $611.0M | $571.0M |
YoY Change | 7.01% | 93.56% |
Cash & Equivalents | $611.0M | $571.0M |
Short-Term Investments | ||
Other Short-Term Assets | $978.0M | $1.114B |
YoY Change | -12.21% | -5.51% |
Inventory | $2.921B | $3.365B |
Prepaid Expenses | ||
Receivables | $2.259B | $3.340B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $7.064B | $9.718B |
YoY Change | -27.31% | 8.61% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $6.694B | $7.588B |
YoY Change | -11.78% | -8.94% |
Goodwill | $2.945B | $3.478B |
YoY Change | -15.32% | |
Intangibles | $390.0M | $566.0M |
YoY Change | -31.1% | |
Long-Term Investments | $81.00M | $262.0M |
YoY Change | -69.08% | -60.95% |
Other Assets | $460.0M | $201.0M |
YoY Change | 128.86% | -27.7% |
Total Long-Term Assets | $10.57B | $12.10B |
YoY Change | -12.61% | -11.61% |
TOTAL ASSETS | ||
Total Short-Term Assets | $7.064B | $9.718B |
Total Long-Term Assets | $10.57B | $12.10B |
Total Assets | $17.63B | $21.81B |
YoY Change | -19.16% | -3.62% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.104B | $1.822B |
YoY Change | -39.41% | -15.02% |
Accrued Expenses | $410.0M | $481.0M |
YoY Change | -14.76% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $1.148B | $2.327B |
YoY Change | -50.67% | |
Long-Term Debt Due | $408.0M | $77.00M |
YoY Change | 429.87% | -96.42% |
Total Short-Term Liabilities | $4.137B | $5.801B |
YoY Change | -28.68% | -2.5% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $6.268B | $7.021B |
YoY Change | -10.72% | -0.93% |
Other Long-Term Liabilities | $982.0M | $941.0M |
YoY Change | 4.36% | -18.6% |
Total Long-Term Liabilities | $982.0M | $941.0M |
YoY Change | 4.36% | -88.58% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $4.137B | $5.801B |
Total Long-Term Liabilities | $982.0M | $941.0M |
Total Liabilities | $11.39B | $13.76B |
YoY Change | -17.26% | -3.29% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.820B | $2.825B |
YoY Change | -35.58% | |
Common Stock | $5.442B | $5.375B |
YoY Change | 1.25% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $0.00 | |
YoY Change | ||
Treasury Stock Shares | 0.000 shares | 0.000 shares |
Shareholders Equity | $6.172B | $7.977B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $17.63B | $21.81B |
YoY Change | -19.16% | -3.62% |
Cashflow Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$489.0M | -$145.0M |
YoY Change | 237.24% | 22.88% |
Depreciation, Depletion And Amortization | $311.0M | $355.0M |
YoY Change | -12.39% | 4.11% |
Cash From Operating Activities | $291.0M | $435.0M |
YoY Change | -33.1% | 72.62% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $190.0M | $377.0M |
YoY Change | -49.6% | -15.85% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $20.00M | $29.00M |
YoY Change | -31.03% | -231.82% |
Cash From Investing Activities | -$170.0M | -$348.0M |
YoY Change | -51.15% | -25.96% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -5.000M | 117.0M |
YoY Change | -104.27% | -49.13% |
NET CHANGE | ||
Cash From Operating Activities | 291.0M | 435.0M |
Cash From Investing Activities | -170.0M | -348.0M |
Cash From Financing Activities | -5.000M | 117.0M |
Net Change In Cash | 116.0M | 204.0M |
YoY Change | -43.14% | 1600.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $291.0M | $435.0M |
Capital Expenditures | $190.0M | $377.0M |
Free Cash Flow | $101.0M | $58.00M |
YoY Change | 74.14% | -129.59% |
Facts In Submission
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Q2 | ||
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Document Fiscal Year Focus
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2015 | ||
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Document Period End Date
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2015-06-30 | ||
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10-Q | ||
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IncreaseDecreaseInAccountsReceivable
|
-32000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-687000000 | USD | |
us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
-127000000 | USD | |
us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
-1000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
70000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-76000000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
73000000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-27000000 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-342000000 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-173000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
94000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
137000000 | USD | |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
440000000 | USD |
CY2015Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
390000000 | USD |
CY2014Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-128000000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-254000000 | USD | |
CY2015Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-117000000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-237000000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
259000000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
239000000 | USD | |
CY2014Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2758000000 | USD |
CY2015Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2649000000 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
3087000000 | USD |
CY2015Q2 | us-gaap |
Inventory Net
InventoryNet
|
2921000000 | USD |
CY2014Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
194000000 | USD |
CY2015Q2 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
170000000 | USD |
CY2014Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
135000000 | USD |
CY2015Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
102000000 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
11856000000 | USD |
CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
11387000000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
18889000000 | USD |
CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
17634000000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4027000000 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4137000000 | USD |
CY2015Q2 | us-gaap |
Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
|
80000000 | USD |
CY2015Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1300000000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
6798000000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
6268000000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
50000000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
408000000 | USD |
CY2014Q2 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | USD |
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | USD | |
CY2015Q2 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
112000000 | USD |
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
112000000 | USD | |
CY2014Q4 | us-gaap |
Minority Interest
MinorityInterest
|
75000000 | USD |
CY2015Q2 | us-gaap |
Minority Interest
MinorityInterest
|
75000000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
15000000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
18000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
722000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
302000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-622000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-391000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
29000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
249000000 | USD | |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-145000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-186000000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-489000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-607000000 | USD | |
CY2014Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
12000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
21000000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
6000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
17000000 | USD | |
us-gaap |
Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
|
-26000000 | USD | |
CY2015Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
5 | unit |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
25000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
155000000 | USD | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-464000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-414000000 | USD | |
CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1065000000 | USD |
CY2015Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
978000000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
265000000 | USD |
CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
460000000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-36000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-210000000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
166000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-36000000 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
115000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-230000000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
166000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-36000000 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
114000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-209000000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
0 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
1000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-21000000 | USD | |
CY2014Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
909000000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
962000000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1031000000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
982000000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2000000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-86000000 | USD | |
CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-19000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-28000000 | USD | |
CY2015Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-18000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-29000000 | USD | |
us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
4000000 | USD | |
CY2015Q2 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
2000000 | USD |
us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
11000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-17000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3000000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
662000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
411000000 | USD | |
CY2015Q1 | us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
8000000 | USD |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-6000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-15000000 | USD | |
us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-36000000 | USD | |
us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-161000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
738000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
478000000 | USD | |
us-gaap |
Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
|
22000000 | USD | |
us-gaap |
Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
|
0 | USD | |
CY2014Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-133000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-165000000 | USD | |
CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-483000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-590000000 | USD | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7123000000 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6694000000 | USD |
CY2015Q2 | us-gaap |
Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
|
63000000 | USD |
CY2014Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
3015000000 | USD |
CY2015Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
2259000000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-1000000 | USD | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
36000000 | USD | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
161000000 | USD | |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
75000000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
144000000 | USD | |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
59000000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
123000000 | USD | |
CY2014Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
59000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
129000000 | USD | |
CY2015Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
69000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
110000000 | USD | |
us-gaap |
Restructuring Costs
RestructuringCosts
|
0 | USD | |
us-gaap |
Restructuring Costs
RestructuringCosts
|
122000000 | USD | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2427000000 | USD |
CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1820000000 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1490000000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
2936000000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
891000000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1931000000 | USD | |
CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3711000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
7307000000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2390000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
5184000000 | USD | |
CY2014Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
2221000000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
4371000000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1499000000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
3253000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
31000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
34000000 | USD | |
CY2014Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
677000000 | USD |
CY2015Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1148000000 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
26000000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
30000000 | USD | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6958000000 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6172000000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8203000000 | USD |
CY2014Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8050000000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7033000000 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6247000000 | USD |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-1000000 | USD | |
CY2014Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
230000000 | USD |
CY2015Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
105000000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
CY2015Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
777000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
776000000 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
778000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
778000000 | shares | |
CY2014Q4 | wft |
Accounts Payableand Other Liabilities Current
AccountsPayableandOtherLiabilitiesCurrent
|
3300000000 | USD |
CY2015Q2 | wft |
Accounts Payableand Other Liabilities Current
AccountsPayableandOtherLiabilitiesCurrent
|
2581000000 | USD |
wft |
Adjustments Noncash Items Intercompany Charges To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsIntercompanyChargesToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
0 | USD | |
wft |
Adjustments Noncash Items Intercompany Charges To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsIntercompanyChargesToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
0 | USD | |
CY2014Q2 | wft |
Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
|
5000000 | shares |
wft |
Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
|
5000000 | shares | |
CY2015Q2 | wft |
Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
|
3000000 | shares |
wft |
Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
|
3000000 | shares | |
wft |
Changein Common Shares Associatedwith Redomestication
ChangeinCommonSharesAssociatedwithRedomestication
|
11000000 | USD | |
CY2014Q4 | wft |
Common Shares Shares Conditionally Authorized
CommonSharesSharesConditionallyAuthorized
|
0 | shares |
CY2015Q2 | wft |
Common Shares Shares Conditionally Authorized
CommonSharesSharesConditionallyAuthorized
|
0 | shares |
wft |
Discrete Income Loss Before Tax
DiscreteIncomeLossBeforeTax
|
177000000 | USD | |
wft |
Divestiture Professionaland Other Fees Portion
DivestitureProfessionalandOtherFeesPortion
|
40000000 | USD | |
CY2015Q2 | wft |
Divestiture Professionaland Other Fees Portion
DivestitureProfessionalandOtherFeesPortion
|
3000000 | USD |
wft |
Divestiture Professionaland Other Fees Portion
DivestitureProfessionalandOtherFeesPortion
|
5000000 | USD | |
CY2014Q4 | wft |
Equity Method Investments In Affiliates
EquityMethodInvestmentsInAffiliates
|
0 | USD |
CY2015Q2 | wft |
Equity Method Investments In Affiliates
EquityMethodInvestmentsInAffiliates
|
0 | USD |
wft |
Facility Closure Fees
FacilityClosureFees
|
3000000 | USD | |
CY2014Q2 | wft |
Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
|
0 | USD |
wft |
Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
|
0 | USD | |
CY2015Q2 | wft |
Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
|
16000000 | USD |
wft |
Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
|
42000000 | USD | |
wft |
Goodwilland Equity Method Investments Impairment Loss
GoodwillandEquityMethodInvestmentsImpairmentLoss
|
125000000 | USD | |
wft |
Goodwilland Equity Method Investments Impairment Loss
GoodwillandEquityMethodInvestmentsImpairmentLoss
|
20000000 | USD | |
CY2014Q2 | wft |
Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
|
0 | USD |
wft |
Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
|
0 | USD | |
CY2015Q2 | wft |
Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
|
0 | USD |
wft |
Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
|
0 | USD | |
CY2014Q2 | wft |
Intercompany Charges Net
IntercompanyChargesNet
|
0 | USD |
wft |
Intercompany Charges Net
IntercompanyChargesNet
|
0 | USD | |
CY2015Q2 | wft |
Intercompany Charges Net
IntercompanyChargesNet
|
0 | USD |
wft |
Intercompany Charges Net
IntercompanyChargesNet
|
0 | USD | |
CY2014Q4 | wft |
Intercompany Payables Net
IntercompanyPayablesNet
|
0 | USD |
CY2015Q2 | wft |
Intercompany Payables Net
IntercompanyPayablesNet
|
0 | USD |
CY2014Q4 | wft |
Intercompany Receivables Net
IntercompanyReceivablesNet
|
0 | USD |
CY2015Q2 | wft |
Intercompany Receivables Net
IntercompanyReceivablesNet
|
0 | USD |
CY2014Q4 | wft |
Other Assets Current Consolidating
OtherAssetsCurrentConsolidating
|
7470000000 | USD |
CY2015Q2 | wft |
Other Assets Current Consolidating
OtherAssetsCurrentConsolidating
|
6453000000 | USD |
CY2014Q4 | wft |
Other Assets Noncurrent Consolidating
OtherAssetsNoncurrentConsolidating
|
10945000000 | USD |
CY2015Q2 | wft |
Other Assets Noncurrent Consolidating
OtherAssetsNoncurrentConsolidating
|
10570000000 | USD |
CY2014Q2 | wft |
Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
|
-19000000 | USD |
wft |
Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
|
-28000000 | USD | |
CY2015Q2 | wft |
Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
|
-34000000 | USD |
wft |
Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
|
-71000000 | USD | |
CY2015Q2 | wft |
Performance Bonds
PerformanceBonds
|
278000000 | USD |
wft |
Pressure Pumping Related Charges
PressurePumpingRelatedCharges
|
37000000 | USD | |
wft |
Proceedsfrom Capital Contributions
ProceedsfromCapitalContributions
|
22000000 | USD | |
wft |
Proceedsfrom Paymentsfor Other Financing Activities Consolidating
ProceedsfromPaymentsforOtherFinancingActivitiesConsolidating
|
-2000000 | USD | |
wft |
Proceedsfrom Paymentsfor Other Financing Activities Consolidating
ProceedsfromPaymentsforOtherFinancingActivitiesConsolidating
|
-15000000 | USD | |
wft |
Proceedsfrom Paymentsfor Other Operating Activities Consolidating
ProceedsfromPaymentsforOtherOperatingActivitiesConsolidating
|
178000000 | USD | |
wft |
Proceedsfrom Paymentsfor Other Operating Activities Consolidating
ProceedsfromPaymentsforOtherOperatingActivitiesConsolidating
|
1030000000 | USD | |
wft |
Proceedsfrom Repaymentsof Debtfrom Subsidiaries Net
ProceedsfromRepaymentsofDebtfromSubsidiariesNet
|
0 | USD | |
wft |
Proceedsfrom Repaymentsof Debtfrom Subsidiaries Net
ProceedsfromRepaymentsofDebtfromSubsidiariesNet
|
0 | USD | |
wft |
Proceedsfrom Saleof Assetsand Divestituresof Businesses
ProceedsfromSaleofAssetsandDivestituresofBusinesses
|
26000000 | USD | |
wft |
Proceedsfrom Saleof Assetsand Divestituresof Businesses
ProceedsfromSaleofAssetsandDivestituresofBusinesses
|
23000000 | USD | |
CY2014Q2 | wft |
Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
|
396000000 | USD |
wft |
Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
|
810000000 | USD | |
CY2015Q2 | wft |
Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
|
339000000 | USD |
wft |
Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
|
702000000 | USD | |
CY2015Q2 | wft |
Supply Agreement Chargesrelatedto Non Core Business Divestiture
SupplyAgreementChargesrelatedtoNonCoreBusinessDivestiture
|
20000000 | USD |
wft |
Supply Agreement Chargesrelatedto Non Core Business Divestiture
SupplyAgreementChargesrelatedtoNonCoreBusinessDivestiture
|
30000000 | USD |