2020 Q4 Form 10-K Financial Statement

#000160392321000013 Filed on February 19, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $842.0M $3.685B $261.0M
YoY Change 222.61% -25.62% -80.61%
Cost Of Revenue $654.0M $2.807B $953.0M
YoY Change -31.37% -30.88% -14.99%
Gross Profit $188.0M $878.0M $53.00M
YoY Change 254.72% -20.25% -82.79%
Gross Profit Margin 22.33% 23.83% 20.31%
Selling, General & Admin $186.0M $837.0M $230.0M
YoY Change -19.13% -10.96% 13.86%
% of Gross Profit 98.94% 95.33% 433.96%
Research & Development $20.00M $97.00M $7.000M
YoY Change 185.71% -32.17% -78.79%
% of Gross Profit 10.64% 11.05% 13.21%
Depreciation & Amortization $116.0M $503.0M $34.00M
YoY Change 241.18% 4.57% -75.18%
% of Gross Profit 61.7% 57.29% 64.15%
Operating Expenses $158.0M $97.00M $7.000M
YoY Change 2157.14% -91.04% -97.02%
Operating Profit $30.00M -$1.486B $1.000M
YoY Change 2900.0% -8355.56% -98.63%
Interest Expense -$70.00M -$251.0M -$12.00M
YoY Change 483.33% -32.71% -92.86%
% of Operating Profit -233.33% -1200.0%
Other Income/Expense, Net $3.000M -$53.00M $0.00
YoY Change 96.3% -100.0%
Pretax Income -$174.0M -$1.814B -$15.00M
YoY Change 1060.0% -147.69% -99.3%
Income Tax $21.00M $85.00M $9.000M
% Of Pretax Income
Net Earnings -$200.0M -$1.921B -$26.00M
YoY Change 669.23% -152.47% -98.76%
Net Earnings / Revenue -23.75% -52.13% -9.96%
Basic Earnings Per Share -$27.44
Diluted Earnings Per Share -$2.857M -$27.44M $50.31
COMMON SHARES
Basic Shares Outstanding 70.02M shares 70.00M shares 1.004B shares
Diluted Shares Outstanding 70.00M shares

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.118B $1.118B $618.0M
YoY Change 80.91% 80.91% 2.66%
Cash & Equivalents $1.118B $1.118B $618.0M
Short-Term Investments
Other Short-Term Assets $349.0M $509.0M $440.0M
YoY Change -20.68% -17.77% -36.51%
Inventory $717.0M $717.0M $972.0M
Prepaid Expenses
Receivables $826.0M $833.0M $1.156B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.177B $3.177B $3.453B
YoY Change -7.99% -7.99% 0.09%
LONG-TERM ASSETS
Property, Plant & Equipment $1.236B $1.374B $2.122B
YoY Change -41.75% -42.22% 1.73%
Goodwill $0.00 $239.0M
YoY Change -100.0% -66.48%
Intangibles $810.0M $1.114B
YoY Change -27.29% 423.0%
Long-Term Investments
YoY Change
Other Assets $73.00M $73.00M $109.0M
YoY Change -33.03% -33.03% -21.58%
Total Long-Term Assets $2.257B $2.257B $3.840B
YoY Change -41.22% -41.22% 21.87%
TOTAL ASSETS
Total Short-Term Assets $3.177B $3.177B $3.453B
Total Long-Term Assets $2.257B $2.257B $3.840B
Total Assets $5.434B $5.434B $7.293B
YoY Change -25.49% -25.49% 10.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $325.0M $325.0M $585.0M
YoY Change -44.44% -44.44% -20.08%
Accrued Expenses $368.0M $368.0M $349.0M
YoY Change 5.44% 5.44% 40.16%
Deferred Revenue
YoY Change
Short-Term Debt $13.00M $4.000M $13.00M
YoY Change 0.0% 33.33% -96.01%
Long-Term Debt Due $9.000M $9.000M $10.00M
YoY Change -10.0% -10.0% -82.46%
Total Short-Term Liabilities $1.362B $1.362B $1.707B
YoY Change -20.21% -18.54% -25.78%
LONG-TERM LIABILITIES
Long-Term Debt $2.601B $2.601B $2.151B
YoY Change 20.92% 20.92% -71.72%
Other Long-Term Liabilities $357.0M $534.0M $341.0M
YoY Change 4.69% -3.61% -5.8%
Total Long-Term Liabilities $357.0M $3.135B $341.0M
YoY Change 4.69% 15.9% -5.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.362B $1.362B $1.707B
Total Long-Term Liabilities $357.0M $3.135B $341.0M
Total Liabilities $4.497B $4.527B $4.377B
YoY Change 2.74% 2.58% -57.37%
SHAREHOLDERS EQUITY
Retained Earnings -$1.947B -$26.00M
YoY Change 7388.46% -99.7%
Common Stock $2.897B $2.897B
YoY Change 0.0% 289600.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $907.0M $907.0M $2.931B
YoY Change
Total Liabilities & Shareholders Equity $5.434B $5.434B $7.293B
YoY Change -25.49% -25.49% 10.48%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income -$200.0M -$1.921B -$26.00M
YoY Change 669.23% -152.47% -98.76%
Depreciation, Depletion And Amortization $116.0M $503.0M $34.00M
YoY Change 241.18% 4.57% -75.18%
Cash From Operating Activities $22.00M $210.0M $61.00M
YoY Change -63.93% -130.61% -41.9%
INVESTING ACTIVITIES
Capital Expenditures -$58.00M $154.0M $20.00M
YoY Change -390.0% -154.23% -78.49%
Acquisitions $0.00 $0.00
YoY Change
Other Investing Activities $48.00M $4.000M $1.000M
YoY Change 4700.0% -99.05% -99.61%
Cash From Investing Activities -$10.00M -$75.00M -$14.00M
YoY Change -28.57% -155.56% -108.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.00M $348.0M -$2.000M
YoY Change 1300.0% -53.41% -96.36%
NET CHANGE
Cash From Operating Activities 22.00M $210.0M $61.00M
Cash From Investing Activities -10.00M -$75.00M -$14.00M
Cash From Financing Activities -28.00M $348.0M -$2.000M
Net Change In Cash -16.00M $485.0M $46.00M
YoY Change -134.78% 147.45% -78.4%
FREE CASH FLOW
Cash From Operating Activities $22.00M $210.0M $61.00M
Capital Expenditures -$58.00M $154.0M $20.00M
Free Cash Flow $80.00M $56.00M $41.00M
YoY Change 95.12% -113.93% 241.67%

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232000000 USD
CY2019Q4 us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Interest Paid Net
InterestPaidNet
272000000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
584000000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
79000000 USD
CY2019Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
89000000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
99000000 USD
CY2020Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
75 country
CY2020 wft Numberof Yearsin Operation
NumberofYearsinOperation
P50Y
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1356000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1356000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts 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 allowance for credit losses, inventory valuation reserves, recoverability of long-lived assets, valuation of goodwill, useful lives used in depreciation and amortization, income taxes and related valuation allowance, accruals for contingencies, actuarial assumptions to determine costs and liabilities related to employee benefit plans, 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. </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For information about our use of estimates relating to Fresh Start Accounting, refer to Note 3 – Fresh Start Accounting for further details.</span></div>
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
167000000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
182000000 USD
CY2019 us-gaap Concentration Risk Customer
ConcentrationRiskCustomer
no
CY2018 us-gaap Concentration Risk Customer
ConcentrationRiskCustomer
no
CY2020 us-gaap Concentration Risk Customer
ConcentrationRiskCustomer
no
CY2020 us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
Derivative Financial InstrumentsWe record derivative instruments on the balance sheet at their fair value as either assets or liabilities. Changes in the fair value of derivatives are recorded each period in current earnings.
CY2019Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
7777779 shares
CY2019Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
99.96
CY2019 wft Prepetition Charges
PrepetitionCharges
86000000 USD
CY2020 us-gaap Debtor Reorganization Items Discharge Of Claims And Liabilities
DebtorReorganizationItemsDischargeOfClaimsAndLiabilities
0 USD
CY2019Q4 us-gaap Debtor Reorganization Items Discharge Of Claims And Liabilities
DebtorReorganizationItemsDischargeOfClaimsAndLiabilities
0 USD
us-gaap Debtor Reorganization Items Discharge Of Claims And Liabilities
DebtorReorganizationItemsDischargeOfClaimsAndLiabilities
4297000000 USD
CY2020 us-gaap Debtor Reorganization Items Revaluation Of Assets And Liabilities
DebtorReorganizationItemsRevaluationOfAssetsAndLiabilities
0 USD
CY2019Q4 us-gaap Debtor Reorganization Items Revaluation Of Assets And Liabilities
DebtorReorganizationItemsRevaluationOfAssetsAndLiabilities
0 USD
us-gaap Debtor Reorganization Items Revaluation Of Assets And Liabilities
DebtorReorganizationItemsRevaluationOfAssetsAndLiabilities
1434000000 USD
CY2020 wft Debtor Reorganization Itemssubtotalfor Gainon Settlementof Lst Cand Fair Value Adjustment
DebtorReorganizationItemssubtotalforGainonSettlementofLSTCandFairValueAdjustment
0 USD
CY2019Q4 wft Debtor Reorganization Itemssubtotalfor Gainon Settlementof Lst Cand Fair Value Adjustment
DebtorReorganizationItemssubtotalforGainonSettlementofLSTCandFairValueAdjustment
0 USD
wft Debtor Reorganization Itemssubtotalfor Gainon Settlementof Lst Cand Fair Value Adjustment
DebtorReorganizationItemssubtotalforGainonSettlementofLSTCandFairValueAdjustment
5731000000 USD
CY2020 us-gaap Debtor Reorganization Items Write Off Of Deferred Financing Costs And Debt Discounts
DebtorReorganizationItemsWriteOffOfDeferredFinancingCostsAndDebtDiscounts
0 USD
CY2019Q4 us-gaap Debtor Reorganization Items Write Off Of Deferred Financing Costs And Debt Discounts
DebtorReorganizationItemsWriteOffOfDeferredFinancingCostsAndDebtDiscounts
0 USD
us-gaap Debtor Reorganization Items Write Off Of Deferred Financing Costs And Debt Discounts
DebtorReorganizationItemsWriteOffOfDeferredFinancingCostsAndDebtDiscounts
128000000 USD
CY2020 wft Debtor Reorganization Items Unamortized Gain Loss On Derivative
DebtorReorganizationItemsUnamortizedGainLossOnDerivative
0 USD
CY2019Q4 wft Debtor Reorganization Items Unamortized Gain Loss On Derivative
DebtorReorganizationItemsUnamortizedGainLossOnDerivative
0 USD
wft Debtor Reorganization Items Unamortized Gain Loss On Derivative
DebtorReorganizationItemsUnamortizedGainLossOnDerivative
-8000000 USD
CY2020 us-gaap Debtor Reorganization Items Impairment Loss
DebtorReorganizationItemsImpairmentLoss
0 USD
CY2019Q4 us-gaap Debtor Reorganization Items Impairment Loss
DebtorReorganizationItemsImpairmentLoss
0 USD
us-gaap Debtor Reorganization Items Impairment Loss
DebtorReorganizationItemsImpairmentLoss
136000000 USD
CY2020 wft Debtor Reorganization Items Backstop Commitment Fees
DebtorReorganizationItemsBackstopCommitmentFees
0 USD
CY2019Q4 wft Debtor Reorganization Items Backstop Commitment Fees
DebtorReorganizationItemsBackstopCommitmentFees
0 USD
wft Debtor Reorganization Items Backstop Commitment Fees
DebtorReorganizationItemsBackstopCommitmentFees
81000000 USD
CY2020 wft Debtor Reorganization Items Dip Financing Fees
DebtorReorganizationItemsDIPFinancingFees
0 USD
CY2019Q4 wft Debtor Reorganization Items Dip Financing Fees
DebtorReorganizationItemsDIPFinancingFees
0 USD
wft Debtor Reorganization Items Dip Financing Fees
DebtorReorganizationItemsDIPFinancingFees
56000000 USD
CY2020 us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
9000000 USD
CY2019Q4 us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
4000000 USD
us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
69000000 USD
CY2020 wft Debtor Reorganization Items Fees
DebtorReorganizationItemsFees
9000000 USD
CY2019Q4 wft Debtor Reorganization Items Fees
DebtorReorganizationItemsFees
4000000 USD
wft Debtor Reorganization Items Fees
DebtorReorganizationItemsFees
206000000 USD
CY2020 us-gaap Reorganization Items
ReorganizationItems
9000000 USD
CY2019Q4 us-gaap Reorganization Items
ReorganizationItems
4000000 USD
us-gaap Reorganization Items
ReorganizationItems
-5389000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Inventories
FreshStartAdjustmentIncreaseDecreaseInventories
987000000 USD
CY2020 wft Debtor Reorganization Items Fees Unpaid
DebtorReorganizationItemsFeesUnpaid
0 USD
CY2019Q4 wft Debtor Reorganization Items Fees Unpaid
DebtorReorganizationItemsFeesUnpaid
30000000 USD
wft Debtor Reorganization Items Fees Unpaid
DebtorReorganizationItemsFeesUnpaid
30000000 USD
CY2020 wft Debtor Reorganization Items Fees Paid
DebtorReorganizationItemsFeesPaid
39000000 USD
CY2019Q4 wft Debtor Reorganization Items Fees Paid
DebtorReorganizationItemsFeesPaid
4000000 USD
wft Debtor Reorganization Items Fees Paid
DebtorReorganizationItemsFeesPaid
176000000 USD
CY2019Q4 us-gaap Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
7600000000 USD
CY2019Q4 wft Liabilities Subject To Compromise Accrued Interest
LiabilitiesSubjectToCompromiseAccruedInterest
207000000 USD
CY2019Q4 us-gaap Liabilities Subject To Compromise Debt And Accrued Interest
LiabilitiesSubjectToCompromiseDebtAndAccruedInterest
7634000000 USD
us-gaap Liabilities Subject To Compromise Expense Reversal Of Expense For Liabilities
LiabilitiesSubjectToCompromiseExpenseReversalOfExpenseForLiabilities
257000000 USD
CY2019Q4 us-gaap Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
4500000000 USD
CY2019Q4 us-gaap Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
4500000000 USD
CY2019Q4 us-gaap Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
4516000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Prepaid And Other Current Assets
FreshStartAdjustmentIncreaseDecreasePrepaidAndOtherCurrentAssets
494000000 USD
CY2019Q4 wft Postconfirmation Cash And Cash Equivalents Restricted Cash And Cash Equivalents Current
PostconfirmationCashAndCashEquivalentsRestrictedCashAndCashEquivalentsCurrent
518000000 USD
CY2019Q4 us-gaap Postconfirmation Postconfirmation Credit Facility
PostconfirmationPostconfirmationCreditFacility
2103000000 USD
CY2019Q4 us-gaap Postconfirmation Stockholders Equity
PostconfirmationStockholdersEquity
2931000000 USD
CY2019Q4 us-gaap Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
4516000000 USD
CY2019Q4 wft Postconfirmation Cash And Cash Equivalents Restricted Cash And Cash Equivalents Current
PostconfirmationCashAndCashEquivalentsRestrictedCashAndCashEquivalentsCurrent
518000000 USD
CY2019Q4 us-gaap Postconfirmation Current Liabilities
PostconfirmationCurrentLiabilities
1707000000 USD
CY2019Q4 us-gaap Postconfirmation Other Noncurrent Obligations
PostconfirmationOtherNoncurrentObligations
627000000 USD
CY2019Q4 us-gaap Reorganization Value
ReorganizationValue
7368000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Cash And Cash Equivalents
FreshStartAdjustmentIncreaseDecreaseCashAndCashEquivalents
641000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Cash And Cash Equivalents
FreshStartAdjustmentIncreaseDecreaseCashAndCashEquivalents
493000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Restricted Cash And Cash Equivalents Current
FreshStartAdjustmentIncreaseDecreaseRestrictedCashAndCashEquivalentsCurrent
398000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Restricted Cash And Cash Equivalents Current
FreshStartAdjustmentIncreaseDecreaseRestrictedCashAndCashEquivalentsCurrent
261000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Receivables Net
FreshStartAdjustmentIncreaseDecreaseReceivablesNet
1274000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Receivables Net
FreshStartAdjustmentIncreaseDecreaseReceivablesNet
1274000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Inventories
FreshStartAdjustmentIncreaseDecreaseInventories
1071000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Prepaid And Other Current Assets
FreshStartAdjustmentIncreaseDecreasePrepaidAndOtherCurrentAssets
476000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Current Assets
FreshStartAdjustmentIncreaseDecreaseCurrentAssets
3878000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Current Assets
FreshStartAdjustmentIncreaseDecreaseCurrentAssets
3491000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Property And Equipment Net
FreshStartAdjustmentIncreaseDecreasePropertyAndEquipmentNet
1838000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Property And Equipment Net
FreshStartAdjustmentIncreaseDecreasePropertyAndEquipmentNet
2127000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Goodwill
FreshStartAdjustmentIncreaseDecreaseGoodwill
0 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Goodwill
FreshStartAdjustmentIncreaseDecreaseGoodwill
239000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Amortizable Intangible Assets
FreshStartAdjustmentIncreaseDecreaseAmortizableIntangibleAssets
166000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Amortizable Intangible Assets
FreshStartAdjustmentIncreaseDecreaseAmortizableIntangibleAssets
1123000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Other Assets Noncurrent
FreshStartAdjustmentIncreaseDecreaseOtherAssetsNoncurrent
336000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Other Assets Noncurrent
FreshStartAdjustmentIncreaseDecreaseOtherAssetsNoncurrent
388000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Assets
FreshStartAdjustmentIncreaseDecreaseAssets
6218000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Assets
FreshStartAdjustmentIncreaseDecreaseAssets
7368000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Debtor In Possession Financing
FreshStartAdjustmentIncreaseDecreaseDebtorInPossessionFinancing
1528000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Debtor In Possession Financing
FreshStartAdjustmentIncreaseDecreaseDebtorInPossessionFinancing
0 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Current Maturities Of Long Term Debt
FreshStartAdjustmentIncreaseDecreaseCurrentMaturitiesOfLongTermDebt
319000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Accounts Payable
FreshStartAdjustmentIncreaseDecreaseAccountsPayable
667000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Current Maturities Of Long Term Debt
FreshStartAdjustmentIncreaseDecreaseCurrentMaturitiesOfLongTermDebt
13000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Accounts Payable
FreshStartAdjustmentIncreaseDecreaseAccountsPayable
663000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Accrued Liabilities
FreshStartAdjustmentIncreaseDecreaseAccruedLiabilities
263000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Accrued Liabilities
FreshStartAdjustmentIncreaseDecreaseAccruedLiabilities
263000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Deferred Income Tax Liabilities Current
FreshStartAdjustmentIncreaseDecreaseDeferredIncomeTaxLiabilitiesCurrent
214000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Deferred Income Tax Liabilities Current
FreshStartAdjustmentIncreaseDecreaseDeferredIncomeTaxLiabilitiesCurrent
214000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Other Current Liabilities
FreshStartAdjustmentIncreaseDecreaseOtherCurrentLiabilities
618000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Other Current Liabilities
FreshStartAdjustmentIncreaseDecreaseOtherCurrentLiabilities
557000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Current Liabilities
FreshStartAdjustmentIncreaseDecreaseCurrentLiabilities
3609000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Current Liabilities
FreshStartAdjustmentIncreaseDecreaseCurrentLiabilities
1710000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Long Term Debt
FreshStartAdjustmentIncreaseDecreaseLongTermDebt
60000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Long Term Debt
FreshStartAdjustmentIncreaseDecreaseLongTermDebt
2151000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Other Noncurrent Obligations
FreshStartAdjustmentIncreaseDecreaseOtherNoncurrentObligations
518000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Other Noncurrent Obligations
FreshStartAdjustmentIncreaseDecreaseOtherNoncurrentObligations
576000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Liabilities Not Subject To Compromise
FreshStartAdjustmentIncreaseDecreaseLiabilitiesNotSubjectToCompromise
4187000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Liabilities Not Subject To Compromise
FreshStartAdjustmentIncreaseDecreaseLiabilitiesNotSubjectToCompromise
4437000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Liabilities Subject To Compromise
FreshStartAdjustmentIncreaseDecreaseLiabilitiesSubjectToCompromise
7634000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Liabilities Subject To Compromise
FreshStartAdjustmentIncreaseDecreaseLiabilitiesSubjectToCompromise
0 USD
CY2019Q4 wft Fresh Start Adjustment Cancellation Of Predecessor Common Stock
FreshStartAdjustmentCancellationOfPredecessorCommonStock
-1000000 USD
CY2019Q4 wft Fresh Start Adjustment Issuance Of Successor Common Stock To Stockholders
FreshStartAdjustmentIssuanceOfSuccessorCommonStockToStockholders
0 USD
CY2019Q4 us-gaap Preconfirmation Additional Paid In Capital
PreconfirmationAdditionalPaidInCapital
6733000000 USD
CY2019Q4 us-gaap Postconfirmation Additional Paid In Capital
PostconfirmationAdditionalPaidInCapital
2897000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Retained Earnings Deficit
FreshStartAdjustmentIncreaseDecreaseRetainedEarningsDeficit
-10682000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Accumulated Other Comprehensive Income Loss
FreshStartAdjustmentIncreaseDecreaseAccumulatedOtherComprehensiveIncomeLoss
-1697000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Stockholders Equity Parent
FreshStartAdjustmentIncreaseDecreaseStockholdersEquityParent
-5645000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Stockholders Equity Parent
FreshStartAdjustmentIncreaseDecreaseStockholdersEquityParent
2897000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Stockholders Equity Noncontrolling Interests
FreshStartAdjustmentIncreaseDecreaseStockholdersEquityNoncontrollingInterests
42000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Stockholders Equity Noncontrolling Interests
FreshStartAdjustmentIncreaseDecreaseStockholdersEquityNoncontrollingInterests
34000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Stockholders Equity
FreshStartAdjustmentIncreaseDecreaseStockholdersEquity
-5603000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Stockholders Equity
FreshStartAdjustmentIncreaseDecreaseStockholdersEquity
2931000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Liabilities And Stockholders Equity
FreshStartAdjustmentIncreaseDecreaseLiabilitiesAndStockholdersEquity
6218000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Liabilities And Stockholders Equity
FreshStartAdjustmentIncreaseDecreaseLiabilitiesAndStockholdersEquity
7368000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Inventories
FreshStartAdjustmentIncreaseDecreaseInventories
987000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Inventories
FreshStartAdjustmentIncreaseDecreaseInventories
1071000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Propertyand Equipment Gross
FreshStartAdjustmentIncreaseDecreasePropertyandEquipmentGross
2127000000 USD
CY2019Q4 wft Fresh Start Adjustment Increase Decrease Propertyand Equipment Gross
FreshStartAdjustmentIncreaseDecreasePropertyandEquipmentGross
7445000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Accumulated Depreciation And Amortization
FreshStartAdjustmentIncreaseDecreaseAccumulatedDepreciationAndAmortization
0 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Accumulated Depreciation And Amortization
FreshStartAdjustmentIncreaseDecreaseAccumulatedDepreciationAndAmortization
-5607000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Property And Equipment Net
FreshStartAdjustmentIncreaseDecreasePropertyAndEquipmentNet
2127000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Property And Equipment Net
FreshStartAdjustmentIncreaseDecreasePropertyAndEquipmentNet
1838000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Amortizable Intangible Assets
FreshStartAdjustmentIncreaseDecreaseAmortizableIntangibleAssets
1123000000 USD
CY2019Q4 us-gaap Fresh Start Adjustment Increase Decrease Amortizable Intangible Assets
FreshStartAdjustmentIncreaseDecreaseAmortizableIntangibleAssets
166000000 USD
CY2020 wft Asset Write Downand Other
AssetWriteDownandOther
814000000 USD
CY2019Q4 wft Asset Write Downand Other
AssetWriteDownandOther
0 USD
wft Asset Write Downand Other
AssetWriteDownandOther
20000000 USD
CY2018 wft Asset Write Downand Other
AssetWriteDownandOther
151000000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
239000000 USD
CY2019Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
730000000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1917000000 USD
CY2020 wft Inventory Related Impairments Or Charges
InventoryRelatedImpairmentsOrCharges
138000000 USD
CY2019Q4 wft Inventory Related Impairments Or Charges
InventoryRelatedImpairmentsOrCharges
0 USD
wft Inventory Related Impairments Or Charges
InventoryRelatedImpairmentsOrCharges
117000000 USD
CY2018 wft Inventory Related Impairments Or Charges
InventoryRelatedImpairmentsOrCharges
0 USD
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
11000000 USD
CY2019Q4 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
132000000 USD
CY2018 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
58000000 USD
CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
34000000 USD
CY2019Q4 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
105000000 USD
CY2018 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
29000000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1236000000 USD
CY2019Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1104000000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2155000000 USD
CY2020Q4 wft Transferof Accounts Receivable Accountedforas Sales Carrying Value
TransferofAccountsReceivableAccountedforasSalesCarryingValue
90000000 USD
CY2019Q4 wft Transferof Accounts Receivable Accountedforas Sales Carrying Value
TransferofAccountsReceivableAccountedforasSalesCarryingValue
7000000 USD
CY2019Q4 wft Transferof Accounts Receivable Accountedforas Sales Carrying Value
TransferofAccountsReceivableAccountedforasSalesCarryingValue
199000000 USD
CY2018Q4 wft Transferof Accounts Receivable Accountedforas Sales Carrying Value
TransferofAccountsReceivableAccountedforasSalesCarryingValue
382000000 USD
CY2020 wft Proceedsfrom Saleof Accounts Receivable
ProceedsfromSaleofAccountsReceivable
79000000 USD
CY2019Q4 wft Proceedsfrom Saleof Accounts Receivable
ProceedsfromSaleofAccountsReceivable
7000000 USD
wft Proceedsfrom Saleof Accounts Receivable
ProceedsfromSaleofAccountsReceivable
186000000 USD
CY2018 wft Proceedsfrom Saleof Accounts Receivable
ProceedsfromSaleofAccountsReceivable
373000000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
119000000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
655000000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
830000000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
62000000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
142000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
717000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
972000000 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
210000000 USD
CY2019Q4 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
us-gaap Inventory Write Down
InventoryWriteDown
159000000 USD
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
80000000 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
210000000 USD
CY2019Q4 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2019 us-gaap Inventory Write Down
InventoryWriteDown
159000000 USD
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
80000000 USD
CY2020Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
515000000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
571000000 USD
CY2020Q4 wft Rentaland Service Equipment Gross
RentalandServiceEquipmentGross
869000000 USD
CY2019Q4 wft Rentaland Service Equipment Gross
RentalandServiceEquipmentGross
1296000000 USD
CY2020Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
219000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
367000000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
280000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1603000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2147000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
25000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1236000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2122000000 USD
CY2020 us-gaap Depreciation
Depreciation
340000000 USD
CY2019Q4 us-gaap Depreciation
Depreciation
25000000 USD
us-gaap Depreciation
Depreciation
386000000 USD
CY2018 us-gaap Depreciation
Depreciation
493000000 USD
CY2020 wft Asset Write Downand Other
AssetWriteDownandOther
814000000 USD
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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571000000 USD
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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155000000 USD
CY2020 wft Operating Lease Rightof Use Asset Impairment Charge
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88000000 USD
CY2020 wft Asset Write Downand Other
AssetWriteDownandOther
814000000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
20000000 USD
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
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151000000 USD
CY2018Q4 us-gaap Goodwill
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713000000 USD
us-gaap Goodwill Impairment Loss
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730000000 USD
us-gaap Goodwill Transfers
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4000000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
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13000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
0 USD
CY2019Q4 us-gaap Goodwill Period Increase Decrease
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239000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
239000000 USD
CY2020 us-gaap Goodwill Impairment Loss
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239000000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
730000000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1900000000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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3400000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
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983000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
173000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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810000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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1123000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1114000000 USD
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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155000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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163000000 USD
CY2019Q4 us-gaap Amortization Of Intangible Assets
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9000000 USD
us-gaap Amortization Of Intangible Assets
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61000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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63000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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157000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
157000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
157000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
144000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
40000000 USD
CY2020 us-gaap Restructuring Charges
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206000000 USD
CY2019Q4 us-gaap Restructuring Charges
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0 USD
us-gaap Restructuring Charges
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189000000 USD
CY2018 us-gaap Restructuring Charges
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126000000 USD
CY2020 us-gaap Restructuring Charges
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206000000 USD
CY2019Q4 us-gaap Restructuring Charges
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0 USD
us-gaap Restructuring Charges
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189000000 USD
us-gaap Short Term Lease Cost
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91000000 USD
CY2019Q4 us-gaap Short Term Lease Cost
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5000000 USD
CY2018 us-gaap Restructuring Charges
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126000000 USD
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76000000 USD
CY2019Q4 us-gaap Operating Lease Expense
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5000000 USD
us-gaap Operating Lease Expense
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109000000 USD
CY2020 us-gaap Short Term Lease Cost
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63000000 USD
CY2020 us-gaap Lease And Rental Expense
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139000000 USD
CY2019Q4 us-gaap Lease And Rental Expense
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10000000 USD
us-gaap Lease And Rental Expense
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200000000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
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15000000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset Amortization
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1000000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
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11000000 USD
CY2020 us-gaap Sublease Income
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6000000 USD
CY2019Q4 us-gaap Sublease Income
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1000000 USD
us-gaap Sublease Income
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6000000 USD
CY2020 us-gaap Lease Cost
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148000000 USD
CY2019Q4 us-gaap Lease Cost
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10000000 USD
us-gaap Lease Cost
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205000000 USD
CY2018 us-gaap Lease And Rental Expense
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187000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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91000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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14000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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69000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
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12000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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39000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
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12000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
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11000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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22000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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14000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
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380000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
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11000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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131000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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28000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
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74000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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132000000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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17000000 USD
CY2020Q4 us-gaap Operating Lease Liability
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248000000 USD
CY2020Q4 us-gaap Finance Lease Liability
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57000000 USD
CY2020 us-gaap Operating Lease Payments
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101000000 USD
CY2019Q4 us-gaap Operating Lease Payments
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5000000 USD
us-gaap Operating Lease Payments
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131000000 USD
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5000000 USD
CY2019Q4 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4000000 USD
CY2020 us-gaap Finance Lease Principal Payments
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9000000 USD
CY2019Q4 us-gaap Finance Lease Principal Payments
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1000000 USD
us-gaap Finance Lease Principal Payments
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8000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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37000000 USD
CY2019Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2000000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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59000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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4000000 USD
CY2019Q4 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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6000000 USD
CY2020 us-gaap Sale And Leaseback Transaction Gain Loss Net
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0 USD
CY2019Q4 us-gaap Sale And Leaseback Transaction Gain Loss Net
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0 USD
us-gaap Sale And Leaseback Transaction Gain Loss Net
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34000000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P8Y1M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M18D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.096
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.092
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.091
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.091
CY2020Q4 us-gaap Debt Current
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13000000 USD
CY2019Q4 us-gaap Debt Current
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13000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
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2601000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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2151000000 USD
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25000000 USD
CY2020Q4 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
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15000000 USD
CY2020Q3 wft Debt Instrument Covenant Minimum Liquidity
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200000000 USD
CY2020Q4 wft Debt Instrument Covenant Minimum Liquidity
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175000000 USD
CY2020Q4 us-gaap Debt Instrument Unused Borrowing Capacity Amount
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48000000 USD
CY2020Q4 us-gaap Write Off Of Deferred Debt Issuance Cost
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12000000 USD
CY2020 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
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15000000 USD
CY2020Q4 wft Debt Instrument Covenant Minimum Liquidity
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175000000 USD
CY2020Q4 wft Debt Instrument Liquidity
DebtInstrumentLiquidity
928000000 USD
CY2020Q4 wft Debt Instrument Covenant Minimum Secured Liquidity
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125000000 USD
CY2020Q4 wft Debt Instrument Secured Liquidity
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779000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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13000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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8000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
8000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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2608000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
8000000 USD
CY2020Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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6.43
CY2020Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
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84500000 shares
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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16000000 USD
CY2020Q4 wft Sum Of Total Debt Maturities
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2661000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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-47000000 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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2614000000 USD
CY2018 wft Bond Tender Premium Net
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-34000000 USD
CY2016Q4 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
1 shares
CY2018 us-gaap Fair Value Adjustment Of Warrants
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-70000000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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2000000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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5000000 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
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5000000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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8000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
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231000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
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198000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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12000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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2000000 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
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5000000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
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90000000 USD
CY2019Q4 us-gaap Current Income Tax Expense Benefit
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9000000 USD
us-gaap Current Income Tax Expense Benefit
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110000000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
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113000000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
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-5000000 USD
CY2019Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Income Tax Expense Benefit
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25000000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85000000 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9000000 USD
us-gaap Income Tax Expense Benefit
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135000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.250
CY2019Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.250
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.0783
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.0783
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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182000000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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330000000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2019Q4 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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299000000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2019Q4 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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65000000 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-197000000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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387000000 USD
CY2019Q4 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-17000000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-166000000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies
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27000000 USD
CY2019Q4 us-gaap Income Tax Reconciliation Tax Contingencies
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2000000 USD
us-gaap Income Tax Reconciliation Tax Contingencies
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18000000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies
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29000000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies Other
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0 USD
CY2019Q4 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
0 USD
us-gaap Income Tax Expense Benefit
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135000000 USD
CY2018 us-gaap Income Tax Expense Benefit
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34000000 USD
us-gaap Income Tax Reconciliation Tax Contingencies Other
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495000000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies Other
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0 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2019Q4 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
us-gaap Income Tax Reconciliation Other Adjustments
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CY2018 us-gaap Income Tax Reconciliation Other Adjustments
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0 USD
CY2020 us-gaap Income Tax Expense Benefit
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85000000 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
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9000000 USD
wft Income Tax Expense Benefit Related To Fresh Start Accounting Adjustment
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32000000 USD
wft Income Tax Expense Benefit Related To Impairments
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-14000000 USD
wft Gain On Settlement Of Lstc Used In Tax Calculation
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4300000000 USD
CY2018 wft Tax Benefit Recognized From Goodwill Impairment
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70000000 USD
CY2018 us-gaap Goodwill Impairment Loss Net Of Tax
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1900000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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881000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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696000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
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39000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
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CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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175000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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155000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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11000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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11000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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30000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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26000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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129000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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63000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
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52000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
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67000000 USD
CY2020Q4 us-gaap Deferred Tax Asset Interest Carryforward
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55000000 USD
CY2019Q4 us-gaap Deferred Tax Asset Interest Carryforward
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56000000 USD
CY2020Q4 us-gaap Deferred Tax Assets State Taxes
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84000000 USD
CY2019Q4 us-gaap Deferred Tax Assets State Taxes
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87000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
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92000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
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121000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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1499000000 USD
CY2020 wft Operating Loss Carryforward Expected Utilization In The Future
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639000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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1166000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
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49000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
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116000000 USD
CY2020 wft Tax Effect Of The Anticipated Expired Operating Loss Carryforward
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257000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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45000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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66000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
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4000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
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55000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
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49000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
121000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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