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 2018 the company owned a total of 6.52 billion USD worth of assets, including 3.41 billion USD worth of current assets. 2013 was the year when the company amassed the most assets.

Weatherford International plc Income Statement

Name [in Millions USD]20112012201320142015201620172018Trends
Revenue, Net 15,21515,26314,9119,4335,7495,699
Gross Profit 2,9613,4501,4125608101,230
Research and development 257265290231159158139
Operating Income (Loss) 298523505-1,546-2,251-2,170-2,084
Other Nonoperating Income (Expense) -100-77-173-8-34-46
Income Tax Expense (Benefit) 462144284-14549613734
Net income -778-345-584-1,985-3,392-2,813-2,811

Weatherford International plc Balance Sheet

Name [in Millions USD]20112012201320142015201620172018Trends
Cash and cash equivalents 371295571611452584415598
Accounts Receivable, Net, Current 1,0701,067
Inventories 3,3652,9212,1951,7281,1431,050
Deferred income taxes 2942951360
Property, Plant and Equipment, Gross 14,16014,01812,91411,8429,3107,872
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 6,7857,1417,3697,5186,9655,784
Goodwill 3,8713,4782,9452,8522,2932,621504
Intangible Assets, Net (Excluding Goodwill) 566390330234216213
Other Assets, Noncurrent 201460569304176615
Total assets 21,81317,63414,11212,0528,9796,519
Current assets 9,7187,0645,0495,0473,6933,406
Accounts payable 1,8221,104790837754746
Taxes Payable, Current 120105111223211198
Total current liabilities 5,8014,1372,5282,3802,2002,504
Total liabilities 13,76311,3879,92510,52810,29110,625
Common Stock, Value, Issued 111111
Retained Earnings (Accumulated Deficit) 2,8251,820-621-3,569-6,369-9,152
Accumulated Other Comprehensive Income (Loss), Net of Tax -159-223-1,090-1,507-1,577-1,679-1,713

Weatherford International plc Cash Flow

Name [in Millions USD]20112012201320142015201620172018Trends
Net income -778-345-584-1,985-3,392-2,813-2,811
Depreciation 1,2001,3001,3001,100896749493
Amortization of Intangible Assets 12212010888605263
Depreciation and amortization 1,2821,4021,3711,200956801556
Deferred Income Tax Expense (Benefit) -13-33-66-448381-25-79
Accounts receivable 70512-78-1,031-2142970
Inventories 738-129167-349-26037-86
Net Cash Provided by (Used in) Operating Activities 1,2211,229963706-314-388-242
Payments to Acquire Property, Plant, and Equipment 2,1771,5751,450682204225186
Payments to Acquire Businesses, Net of Cash Acquired 1658-181457-4
Payments to Acquire Intangible Assets 17958101528
Net Cash Provided by (Used in) Investing Activities -2,306-1,104330-659-137-62122
Proceeds from Issuance of Long-term Debt 1,3133043,681250586
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 64775691788452
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 64775691788452
Proceeds from Issuance of Common Stock 001,07100
Net Cash Provided by (Used in) Financing Activities 1,0126-1,180121,07120168
Cash and Cash Equivalents, Period Increase (Decrease) -7113539-7570-424-11