$WFRD
Weatherford International plc

2018 Q4 Form 10-Q Financial Statement

#000160392318000151 Filed on November 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $1.346B $1.444B $1.490B
YoY Change -9.66% -1.1% 5.97%
Cost Of Revenue $1.121B $1.105B $1.299B
YoY Change -13.7% 54.33% 4.17%
Gross Profit $308.0M $339.0M $192.0M
YoY Change 60.42% 28.41% 20.75%
Gross Profit Margin 22.88% 23.48% 12.89%
Selling, General & Admin $202.0M $192.0M $269.0M
YoY Change -24.91% -25.58% 0.75%
% of Gross Profit 65.58% 56.64% 140.1%
Research & Development $33.00M $31.00M $41.00M
YoY Change -19.51% -26.19% 2.5%
% of Gross Profit 10.71% 9.14% 21.35%
Depreciation & Amortization $137.0M $128.0M $190.0M
YoY Change -27.89% -35.68% -11.63%
% of Gross Profit 44.48% 37.76% 98.96%
Operating Expenses $235.0M $223.0M $310.0M
YoY Change -24.19% 430.95% 0.98%
Operating Profit $73.00M -$13.00M -$118.0M
YoY Change -161.86% -81.43% -20.27%
Interest Expense -$168.0M -$156.0M -$144.0M
YoY Change 16.67% 5.41% -9.43%
% of Operating Profit -230.14%
Other Income/Expense, Net -$15.00M -$6.000M $13.00M
YoY Change -215.38% 500.0% -38.1%
Pretax Income -$2.142B -$172.0M -$1.872B
YoY Change 14.42% -23.89% 248.6%
Income Tax -$46.00M $22.00M $114.0M
% Of Pretax Income
Net Earnings -$2.103B -$199.0M -$1.938B
YoY Change 8.51% -22.27% 253.01%
Net Earnings / Revenue -156.24% -13.78% -130.07%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.10 -$0.20 -$1.95
COMMON SHARES
Basic Shares Outstanding 1.001B shares 997.1M shares 992.5M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $602.0M $393.0M $613.0M
YoY Change -1.79% -11.69% -40.89%
Cash & Equivalents $602.0M $393.0M $613.0M
Short-Term Investments
Other Short-Term Assets $693.0M $334.0M $569.0M
YoY Change 21.79% -18.34% 41.54%
Inventory $1.025B $1.097B $1.234B
Prepaid Expenses $133.0M $237.0M
Receivables $1.051B $1.066B $1.103B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.450B $3.730B $3.878B
YoY Change -11.04% -26.04% -21.02%
LONG-TERM ASSETS
Property, Plant & Equipment $2.086B $2.157B $2.708B
YoY Change -22.97% -45.93% -39.55%
Goodwill $713.0M $2.632B $2.727B
YoY Change -73.85% 12.19% -2.5%
Intangibles $213.0M $192.0M $213.0M
YoY Change 0.0% -16.16% -14.11%
Long-Term Investments $62.00M
YoY Change -6.06%
Other Assets $139.0M $127.0M $434.0M
YoY Change -67.97% -62.76% 166.26%
Total Long-Term Assets $3.151B $5.108B $5.869B
YoY Change -46.31% -26.71% -24.31%
TOTAL ASSETS
Total Short-Term Assets $3.450B $3.730B $3.878B
Total Long-Term Assets $3.151B $5.108B $5.869B
Total Assets $6.601B $8.838B $9.747B
YoY Change -32.28% -26.43% -23.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $732.0M $728.0M $856.0M
YoY Change -14.49% -10.67% 1.3%
Accrued Expenses $249.0M $241.0M $308.0M
YoY Change -19.16% -15.44% 5.84%
Deferred Revenue
YoY Change
Short-Term Debt $326.0M $335.0M $11.00M
YoY Change 2863.64% 32.41% 450.0%
Long-Term Debt Due $57.00M $61.00M $137.0M
YoY Change -58.39% -55.8% -22.6%
Total Short-Term Liabilities $2.300B $2.299B $2.230B
YoY Change 3.14% -6.92% -8.15%
LONG-TERM LIABILITIES
Long-Term Debt $7.605B $7.626B $7.541B
YoY Change 0.85% 1.27% 1.86%
Other Long-Term Liabilities $362.0M $421.0M $547.0M
YoY Change -33.82% -33.07% -28.5%
Total Long-Term Liabilities $362.0M $421.0M $547.0M
YoY Change -33.82% -33.07% -28.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.300B $2.299B $2.230B
Total Long-Term Liabilities $362.0M $421.0M $547.0M
Total Liabilities $10.27B $10.35B $10.32B
YoY Change -0.49% -2.66% -2.62%
SHAREHOLDERS EQUITY
Retained Earnings -$8.671B -$6.568B -$5.763B
YoY Change 50.46% 71.71% 95.36%
Common Stock $1.000M $6.703B $6.656B
YoY Change -99.98% 0.92% 2347.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares
Shareholders Equity -$3.705B -$1.553B -$626.0M
YoY Change
Total Liabilities & Shareholders Equity $6.601B $8.838B $9.747B
YoY Change -32.28% -26.43% -23.03%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income -$2.103B -$199.0M -$1.938B
YoY Change 8.51% -22.27% 253.01%
Depreciation, Depletion And Amortization $137.0M $128.0M $190.0M
YoY Change -27.89% -35.68% -11.63%
Cash From Operating Activities $105.0M -$32.00M $96.00M
YoY Change 9.38% -86.83% -34.25%
INVESTING ACTIVITIES
Capital Expenditures $93.00M $59.00M $80.00M
YoY Change 16.25% -15.71% 17.65%
Acquisitions
YoY Change
Other Investing Activities $256.0M $32.00M $419.0M
YoY Change -38.9% -300.0% 1097.14%
Cash From Investing Activities $163.0M -$27.00M $339.0M
YoY Change -51.92% -68.6% -1127.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -55.00M 51.00M -267.0M
YoY Change -79.4% -72.87% -153.61%
NET CHANGE
Cash From Operating Activities 105.0M -32.00M 96.00M
Cash From Investing Activities 163.0M -27.00M 339.0M
Cash From Financing Activities -55.00M 51.00M -267.0M
Net Change In Cash 213.0M -8.000M 168.0M
YoY Change 26.79% -94.33% -72.5%
FREE CASH FLOW
Cash From Operating Activities $105.0M -$32.00M $96.00M
Capital Expenditures $93.00M $59.00M $80.00M
Free Cash Flow $12.00M -$91.00M $16.00M
YoY Change -25.0% -70.93% -79.49%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001603923
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1000922469 shares
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Weatherford International plc
dei Entity Small Business
EntitySmallBusiness
false
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
856000000 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.71
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
728000000 USD
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1066000000 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1081000000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7462000000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6839000000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1610000000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1489000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1519000000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1688000000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6655000000 USD
CY2018Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6702000000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
55000000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
156000000 USD
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
138000000 USD
CY2018Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
50000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
50000000 USD
CY2017Q4 us-gaap Assets
Assets
9747000000 USD
CY2018Q3 us-gaap Assets
Assets
8838000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
3878000000 USD
CY2018Q3 us-gaap Assets Current
AssetsCurrent
3730000000 USD
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
359000000 USD
CY2018Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
618000000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
24000000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
23000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1037000000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
445000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
613000000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
393000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-592000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-220000000 USD
CY2016Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
6.43
CY2016Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
84500000 shares
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1356000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1356000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
993000000 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1000000000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
993000000 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1000000000 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
1000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
6000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-168000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-754000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-208000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-877000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
16000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
13000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-163000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-738000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-203000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-864000000 USD
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
-5000000 USD
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
11000000 USD
CY2017Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
10000000 USD
CY2018Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
7000000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
7000000 USD
CY2017Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
42000000 USD
CY2018Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
66000000 USD
us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
26000000 USD
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
75000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
74000000 USD
CY2017Q3 us-gaap Cost Direct Material
CostDirectMaterial
480000000 USD
us-gaap Cost Direct Material
CostDirectMaterial
1439000000 USD
CY2018Q3 us-gaap Cost Direct Material
CostDirectMaterial
499000000 USD
us-gaap Cost Direct Material
CostDirectMaterial
1378000000 USD
CY2017Q3 us-gaap Cost Of Services Oil And Gas
CostOfServicesOilAndGas
715000000 USD
us-gaap Cost Of Services Oil And Gas
CostOfServicesOilAndGas
2151000000 USD
CY2018Q3 us-gaap Cost Of Services Oil And Gas
CostOfServicesOilAndGas
606000000 USD
us-gaap Cost Of Services Oil And Gas
CostOfServicesOilAndGas
2015000000 USD
CY2017Q3 us-gaap Costs And Expenses
CostsAndExpenses
1530000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
4638000000 USD
CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
1457000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
4440000000 USD
CY2017Q4 us-gaap Debt Current
DebtCurrent
148000000 USD
CY2018Q3 us-gaap Debt Current
DebtCurrent
396000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1000000 USD
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
199000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
611000000 USD
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
128000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
419000000 USD
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.88
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.20
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-55000000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
308000000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
241000000 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 USD
CY2017Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
7000000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-58000000 USD
CY2018Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-11000000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-67000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
870000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
736000000 USD
us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-1000000 USD
us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-2000000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
94000000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
101000000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
2727000000 USD
CY2018Q3 us-gaap Goodwill
Goodwill
2632000000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
27000000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-54000000 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
8000000 USD
us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
10000000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
111000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-226000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-784000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-172000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-615000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75000000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
80000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
71000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
87000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-44000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-90000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
77000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
101000000 USD
us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
244000000 USD
us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
30000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
94000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-33000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-55000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
70000000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-35000000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-16000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
67000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
50000000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-47000000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
0 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
213000000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
192000000 USD
CY2017Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-148000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-427000000 USD
CY2018Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-156000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-457000000 USD
us-gaap Interest Paid
InterestPaid
434000000 USD
us-gaap Interest Paid
InterestPaid
439000000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1043000000 USD
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
894000000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
1234000000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
1097000000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
144000000 USD
CY2018Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
146000000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
47000000 USD
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
57000000 USD
us-gaap Inventory Write Down
InventoryWriteDown
66000000 USD
us-gaap Inventory Write Down
InventoryWriteDown
69000000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
10318000000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
10346000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9747000000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8838000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2230000000 USD
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2299000000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2018Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
49000000 USD
us-gaap Line Of Credit Facility Collateral
LineOfCreditFacilityCollateral
93
CY2018Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1238000000 USD
CY2018Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
378000000 USD
CY2017Q4 us-gaap Litigation Reserve
LitigationReserve
51000000 USD
CY2018Q3 us-gaap Litigation Reserve
LitigationReserve
32000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7541000000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7626000000 USD
CY2015Q3 us-gaap Loss Contingency Patents Allegedly Infringed Number
LossContingencyPatentsAllegedlyInfringedNumber
7 patent
CY2017Q4 us-gaap Minority Interest
MinorityInterest
55000000 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
45000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
16000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
13000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
287000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
223000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-401000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-484000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-347000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-256000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-875000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-199000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-708000000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
16000000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13000000 USD
CY2018Q3 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
-97000000 USD
CY2017Q1 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
58000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-70000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-429000000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-13000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-125000000 USD
CY2018Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
75000000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
270000000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
332000000 USD
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
334000000 USD
CY2018Q1 us-gaap Other Assets Current
OtherAssetsCurrent
342000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
221000000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
127000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
165000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-170000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
91000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
165000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-170000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
88000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
121000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-169000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
44000000 USD
CY2018Q3 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
-1000000 USD
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
690000000 USD
wft Intercompany Charges Net
IntercompanyChargesNet
0 USD
us-gaap Profit Loss
ProfitLoss
-695000000 USD
CY2018Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
654000000 USD
CY2018Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
692000000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
547000000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
421000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-71000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
38000000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14000000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-21000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
25000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-4000000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
13000000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
11000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
147000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
111000000 USD
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
237000000 USD
CY2018Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
133000000 USD
CY2018Q1 us-gaap Prepaid Taxes
PrepaidTaxes
105000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
250000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
586000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-28000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-28000000 USD
us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
197000000 USD
us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
115000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
118000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
170000000 USD
CY2017Q2 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
59000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
36000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
70000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
-251000000 USD
us-gaap Profit Loss
ProfitLoss
-859000000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
-194000000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2157000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2708000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-17000000 USD
CY2017Q1 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.04625
CY2017Q1 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
65000000 USD
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1103000000 USD
CY2018Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
1155000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
44000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1000000 USD
CY2018Q3 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
47000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
53000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
471000000 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
42000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
117000000 USD
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
31000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
106000000 USD
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
34000000 USD
us-gaap Restructuring Charges
RestructuringCharges
140000000 USD
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
27000000 USD
us-gaap Restructuring Charges
RestructuringCharges
90000000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
36000000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
73000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5763000000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6568000000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5755000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
18000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
61000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
33000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
18000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
37000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
167000000 USD
CY2017Q3 us-gaap Revenues
Revenues
1460000000 USD
us-gaap Revenues
Revenues
4209000000 USD
CY2018Q3 us-gaap Revenues
Revenues
1444000000 USD
us-gaap Revenues
Revenues
4315000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
70000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
43000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-626000000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
-1553000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2068000000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1384000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-571000000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1508000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
6000000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
228000000 USD
CY2018Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
231000000 USD
CY2017Q1 us-gaap Trade Receivables Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
TradeReceivablesHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
65000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2017Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
70000000 USD
CY2018Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
3000000 USD
CY2017Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
990000000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
989000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
998000000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
996000000 shares
CY2017Q4 wft Accounts Payableand Other Liabilities Current
AccountsPayableandOtherLiabilitiesCurrent
2082000000 USD
CY2018Q3 wft Accounts Payableand Other Liabilities Current
AccountsPayableandOtherLiabilitiesCurrent
1903000000 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
CY2017Q3 wft Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
250000000 shares
wft Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
250000000 shares
CY2018Q3 wft Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
251000000 shares
wft Antidilutive Securities Excludedfrom Computationof Earningsper Share Dueto Net Loss Amount
AntidilutiveSecuritiesExcludedfromComputationofEarningsperShareDuetoNetLossAmount
251000000 shares
CY2017Q3 wft Asset Write Downand Other
AssetWriteDownandOther
1000000 USD
wft Asset Write Downand Other
AssetWriteDownandOther
26000000 USD
CY2018Q3 wft Asset Write Downand Other
AssetWriteDownandOther
71000000 USD
wft Asset Write Downand Other
AssetWriteDownandOther
159000000 USD
CY2017Q3 wft Bond Tender Premium Net
BondTenderPremiumNet
0 USD
wft Bond Tender Premium Net
BondTenderPremiumNet
0 USD
CY2018Q3 wft Bond Tender Premium Net
BondTenderPremiumNet
0 USD
wft Bond Tender Premium Net
BondTenderPremiumNet
-34000000 USD
CY2017Q4 wft Common Shares Shares Conditionally Authorized
CommonSharesSharesConditionallyAuthorized
0 shares
CY2018Q2 wft Common Shares Shares Conditionally Authorized
CommonSharesSharesConditionallyAuthorized
0 shares
wft Debt Instrument Covenant Asset Coverage Ratio
DebtInstrumentCovenantAssetCoverageRatio
4.0
wft Debt Instrument Covenant Initial Current Asset Coverage Ratio
DebtInstrumentCovenantInitialCurrentAssetCoverageRatio
1.5
wft Debt Instrument Covenant Secondary Current Asset Coverage Ratio
DebtInstrumentCovenantSecondaryCurrentAssetCoverageRatio
2.1
wft Debt Instrument Covenant Senior Leverage Ratio Period Two
DebtInstrumentCovenantSeniorLeverageRatioPeriodTwo
2.5
wft Debt Instrument Covenant Specified Leverageand Letterof Credit Ratio Period Two
DebtInstrumentCovenantSpecifiedLeverageandLetterofCreditRatioPeriodTwo
3.5
CY2017Q4 wft Equity Method Investments In Affiliates
EquityMethodInvestmentsInAffiliates
0 USD
CY2018Q3 wft Equity Method Investments In Affiliates
EquityMethodInvestmentsInAffiliates
0 USD
CY2017Q3 wft Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
0 USD
wft Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
0 USD
CY2018Q3 wft Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
8000000 USD
wft Foreign Currency Devaluation Lossbefore Tax
ForeignCurrencyDevaluationLossbeforeTax
45000000 USD
wft Goodwill Reclassificationto Assets Heldfor Sale
GoodwillReclassificationtoAssetsHeldforSale
60000000 USD
CY2017Q3 wft Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
0 USD
wft Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
0 USD
CY2018Q3 wft Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
0 USD
wft Income Lossfrom Subsidiary
IncomeLossfromSubsidiary
0 USD
wft Increase Decreasein Accrued Litigationand Settlements
IncreaseDecreaseinAccruedLitigationandSettlements
-93000000 USD
wft Increase Decreasein Accrued Litigationand Settlements
IncreaseDecreaseinAccruedLitigationandSettlements
-24000000 USD
CY2017Q3 wft Intercompany Charges Net
IntercompanyChargesNet
0 USD
wft Proceedsfrom Paymentsfor Other Financing Activities Consolidating
ProceedsfromPaymentsforOtherFinancingActivitiesConsolidating
-62000000 USD
wft Proceedsfrom Paymentsfor Other Operating Activities Consolidating
ProceedsfromPaymentsforOtherOperatingActivitiesConsolidating
382000000 USD
wft Proceedsfrom Paymentsfor Other Operating Activities Consolidating
ProceedsfromPaymentsforOtherOperatingActivitiesConsolidating
349000000 USD
wft Proceedsfrom Repaymentsof Debtfrom Subsidiaries Net
ProceedsfromRepaymentsofDebtfromSubsidiariesNet
0 USD
wft Proceedsfrom Repaymentsof Debtfrom Subsidiaries Net
ProceedsfromRepaymentsofDebtfromSubsidiariesNet
0 USD
wft Proceedsfrom Saleof Accounts Receivable
ProceedsfromSaleofAccountsReceivable
278000000 USD
wft Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet
Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet
-1000000 USD
CY2018Q3 wft Intercompany Charges Net
IntercompanyChargesNet
0 USD
wft Intercompany Charges Net
IntercompanyChargesNet
0 USD
CY2017Q4 wft Intercompany Payables Net
IntercompanyPayablesNet
0 USD
CY2018Q3 wft Intercompany Payables Net
IntercompanyPayablesNet
0 USD
CY2017Q4 wft Intercompany Receivables Net
IntercompanyReceivablesNet
0 USD
CY2018Q3 wft Intercompany Receivables Net
IntercompanyReceivablesNet
0 USD
CY2017Q4 wft Other Assets Current Consolidating
OtherAssetsCurrentConsolidating
3265000000 USD
CY2018Q3 wft Other Assets Current Consolidating
OtherAssetsCurrentConsolidating
3337000000 USD
CY2017Q4 wft Other Assets Noncurrent Consolidating
OtherAssetsNoncurrentConsolidating
5869000000 USD
CY2018Q3 wft Other Assets Noncurrent Consolidating
OtherAssetsNoncurrentConsolidating
5108000000 USD
CY2017Q3 wft Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
-8000000 USD
wft Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
72000000 USD
CY2018Q3 wft Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
-3000000 USD
wft Other Nonoperating Income Expense Including Foreign Currency Devaluation
OtherNonoperatingIncomeExpenseIncludingForeignCurrencyDevaluation
-33000000 USD
wft Paymentsfor Bond Tender Premium
PaymentsforBondTenderPremium
0 USD
wft Paymentsfor Bond Tender Premium
PaymentsforBondTenderPremium
34000000 USD
CY2018Q3 wft Performance Bonds
PerformanceBonds
9000000 USD
wft Proceedsfrom Paymentsfor Other Financing Activities Consolidating
ProceedsfromPaymentsforOtherFinancingActivitiesConsolidating
-28000000 USD
wft Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet
Proceedspaymentsfromsaleofbusinessesandequityinvestmentnet
37000000 USD
CY2017Q1 wft Receivable With Imputed Interest Term
ReceivableWithImputedInterestTerm
P3Y
wft Reclassifiedtoassetheldforsale
Reclassifiedtoassetheldforsale
-2000000 USD
wft Reclassifiedtoliabilitiesheldforsale
Reclassifiedtoliabilitiesheldforsale
-3000000 USD
CY2017Q3 wft Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
230000000 USD
wft Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
671000000 USD
CY2018Q3 wft Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
192000000 USD
wft Selling Generaland Administrative Expense Portion Attributableto Segments
SellingGeneralandAdministrativeExpensePortionAttributabletoSegments
591000000 USD
CY2017Q3 wft Transferof Accounts Receivable Accountedforas Sales Carrying Value
TransferofAccountsReceivableAccountedforasSalesCarryingValue
150000000 USD
CY2018Q3 wft Transferof Accounts Receivable Accountedforas Sales Carrying Value
TransferofAccountsReceivableAccountedforasSalesCarryingValue
284000000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">Certain reclassifications of the financial statements and accompanying footnotes for the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">three and nine</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> months ended </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">September&#160;30, 2017</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> have been made to conform to the presentation for the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">three and nine</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> months ended </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">September&#160;30, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">. See &#8220;</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">Note 2 &#8211; New Accounting Pronouncements</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">&#8221; for additional details regarding accounting changes impacting the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">Condensed Consolidated Financial Statements</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;text-indent:25px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:25px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements, the reported amounts of revenues and expenses during the reporting period, and disclosure of contingent assets and liabilities. On an on-going basis, we evaluate our estimates and assumptions, including those related to uncollectible accounts receivable, lower of cost or net realizable value of inventories, assets and liabilities held for sale, derivative financial instruments, intangible assets and goodwill, property, plant and equipment (&#8220;PP&amp;E&#8221;), income taxes, accounting for long-term contracts, self-insurance, foreign currency exchange rates, pension and post-retirement benefit plans, disputes, litigation, contingencies and share-based compensation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name View Source Status
0001603923-18-000151-index-headers.html Edgar Link pending
0001603923-18-000151-index.html Edgar Link pending
0001603923-18-000151.txt Edgar Link pending
0001603923-18-000151-xbrl.zip Edgar Link pending
ex106saleandpurchaseagreem.htm Edgar Link pending
ex107saleandpurchase-alger.htm Edgar Link pending
ex108-bridgingexhibitxhoud.htm Edgar Link pending
ex311ceo302certwft93018.htm Edgar Link pending
ex312cfo302certwft93018.htm Edgar Link pending
ex321ceo906certwft93018.htm Edgar Link pending
ex322cfo906certwft93018.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wft-20180930.xml Edgar Link completed
wft-20180930.xsd Edgar Link pending
wft-20180930_cal.xml Edgar Link unprocessable
wft-20180930_def.xml Edgar Link unprocessable
wft-20180930_lab.xml Edgar Link unprocessable
wft-20180930_pre.xml Edgar Link unprocessable
wftq3201810-q.htm Edgar Link pending