Weatherford International plc company info

CIK 1603923
IRS Number 980606750
State of incorporation None
Business address 70 SIR JOHN ROGERSON'S QUAY
Mail address WESTSTRASSE 1

Short summary

Weatherford International plc is a Ireland company, with head office located at 70 Sir John Rogerson'S Quay Dublin, Ireland 2. In 2017 the company owned a total of 8.98 billion USD worth of assets, including 3.69 billion USD worth of current assets. 2013 was the year when the company amassed the most assets. The company net sales last year amounted to 5.70 billion USD. The company allocated 158.00 million USD of its income to research and development.

Weatherford International plc Income Statement

Name [in Millions USD]2011201220132014201520162017Trends
Revenue, Net 15,21515,26314,9119,4335,7495,699
Gross Profit 2,9613,4501,412560810
Research and development 257265290231159158
Operating Income (Loss) 298523505-1,546-2,251-2,129
Other Nonoperating Income (Expense) -100-77-173-8-34
Income Tax Expense (Benefit) 462144284-145496137
Net income -778-345-584-1,985-3,392-2,813

Weatherford International plc Balance Sheet

Name [in Millions USD]2011201220132014201520162017Trends
Cash and cash equivalents 371295571611452584415
Accounts Receivable, Net, Current 1,070
Inventories 3,3652,9212,1951,7281,143
Deferred income taxes 2942951360
Property, Plant and Equipment, Gross 14,16014,01812,91411,84210,170
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 6,7857,1417,3697,5186,965
Goodwill 3,8713,4782,9452,8522,2932,621
Intangible Assets, Net (Excluding Goodwill) 566390330234216
Other Assets, Noncurrent 201460569304176
Total assets 21,81317,63414,11212,0528,979
Current assets 9,7187,0645,0495,0473,693
Accounts payable 1,8221,104790837754
Taxes Payable, Current 120105111223211
Total current liabilities 5,8014,1372,5282,3802,200
Total liabilities 13,76311,3879,92510,52810,291
Common Stock, Value, Issued 11111
Retained Earnings (Accumulated Deficit) 2,8251,820-621-3,569-6,369
Accumulated Other Comprehensive Income (Loss), Net of Tax -159-223-1,090-1,507-1,577-1,679

Weatherford International plc Cash Flow

Name [in Millions USD]2011201220132014201520162017Trends
Net income -778-345-584-1,985-3,392-2,813
Depreciation 1,2001,3001,3001,100896749
Amortization of Intangible Assets 122120108886052
Depreciation and amortization 1,2821,4021,3711,200956801
Deferred Income Tax Expense (Benefit) -13-33-66-448381-25
Accounts receivable 70512-78-1,031-21429
Inventories 738-129167-349-26037
Net Cash Provided by (Used in) Operating Activities 1,2211,229963706-314-388
Payments to Acquire Property, Plant, and Equipment 2,1771,5751,450682204225
Payments to Acquire Businesses, Net of Cash Acquired 1658-181457
Payments to Acquire Intangible Assets 179581015
Net Cash Provided by (Used in) Investing Activities -2,306-1,104330-659-137-62
Proceeds from Issuance of Long-term Debt 1,3133043,681250
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 647756917884
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 647756917884
Proceeds from Issuance of Common Stock 001,0710
Net Cash Provided by (Used in) Financing Activities 1,0126-1,180121,07120
Cash and Cash Equivalents, Period Increase (Decrease) -7113539-7570-424