Weatherford international ltd./switzerland (WFT)
Income statement / Quarterly
Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenues:
Products

1,446

1,497

1,533

1,509

1,468

1,567

1,535

1,510

1,412

1,416

1,252

1,152

1,064

1,057

911

831

781

891

636

650

742

953

834

Services

2,150

2,241

2,287

2,359

2,369

2,491

2,284

2,237

2,179

2,294

2,118

1,900

1,792

1,866

1,619

1,606

1,550

1,543

1,508

1,347

1,511

1,587

1,394

Total Revenues

3,596

3,738

3,820

3,868

3,837

4,058

3,819

3,747

3,591

3,710

3,370

3,052

2,856

2,923

2,530

2,437

2,331

2,434

2,144

1,998

2,254

2,540

2,229

Costs and Expenses:
Cost of Products

1,064

1,108

1,158

1,069

1,145

1,279

1,208

1,153

1,053

1,124

952

874

792

814

643

605

575

691

529

522

567

685

621

Cost of Services

1,775

2,026

1,878

2,057

1,861

1,938

1,759

1,818

1,647

1,672

1,528

1,395

1,341

1,313

1,256

1,204

1,180

1,186

1,068

926

971

955

832

Research and Development

69

62

65

71

67

63

68

64

62

64

59

62

60

58

55

54

49

51

49

46

49

52

44

Selling, General and Administrative Attributable to Segments

414

-

-

-

415

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Corporate General and Administrative

74

-556

404

392

76

-807

382

408

372

386

378

384

384

394

256

417

337

354

298

298

309

268

268

Restructuring Charges

70

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Corporate General and Administrative

-

-

76

73

-

-

87

71

87

68

43

45

70

53

47

53

84

64

54

54

52

44

46

Goodwill And Equity Investments Impairment

-

-

0

0

-

-

0

793

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

U.S. Government Investigation Loss

-

-

0

153

-

-

0

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Businesses

0

16

0

2

6

0

0

28

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

81

Total Costs and Expenses

3,466

3,788

3,581

3,813

3,558

3,813

3,504

4,379

3,221

3,314

2,960

2,760

2,647

2,632

2,257

2,333

2,225

-

-

-

1,949

-

-

Operating Income (Loss)

130

-50

239

55

279

245

315

-632

370

396

410

292

209

291

273

104

106

86

143

151

305

534

496

Other Income (Expense):
Interest Expense, Net

-126

-642

129

128

-131

-846

127

121

112

-112

-115

-114

-112

-116

-99

-96

-95

-641

90

93

91

-60

-62

Devaluation of Venezuelan Bolivar

0

0

0

0

-100

0

0

0

0

-

-

-

-

0

0

0

-64

0

0

0

0

-

-

Bond Tender Premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-43

-11

0

0

-

0

-

-

-

-

Other, Net

-9

-16

-30

-18

-13

-30

-25

-27

-18

-40

-26

-22

-19

-18

-12

-14

-9

-15

-11

-3

-13

-8

-5

Income (Loss) Before Income Taxes

-5

-194

80

-91

35

89

163

-780

240

-

-

-

-

-

-

-

-

-

-

-

-

382

371

Income (Loss) Before Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

42

53

200

465

429

Provision for Income Taxes

27

70

49

20

5

203

86

63

110

251

145

100

46

241

76

63

16

69

4

24

63

82

57

Loss from Discontinued Operation, Net of Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6

Net Income (Loss)

-32

-264

31

-111

30

-114

77

-843

130

-7

124

56

32

-127

75

-69

-78

-90

37

29

136

382

378

Net Income Attributable to Noncontrolling Interests

9

7

9

7

8

8

7

6

7

6

3

5

2

3

5

5

5

2

5

8

8

12

7

Net Income (Loss) Attributable to Weatherford

-41

-271

22

-118

22

-122

70

-849

123

-13

121

51

30

-130

70

-74

-83

-93

31

20

128

370

370

Earnings (Loss) Per Share Attributable To Weatherford:
Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.54

0.53

Loss from Discontinued Operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

Basic (in dollars per share)

-0.05

-0.36

0.03

-0.15

0.03

-0.16

0.09

-1.11

0.16

0.02

0.16

0.07

0.04

-0.17

0.09

-0.10

-0.11

-0.13

0.04

0.03

0.18

0.54

0.54

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.53

0.52

Loss from Discontinued Operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

Diluted (in dollars per share)

-0.05

-0.36

0.03

-0.15

0.03

-0.16

0.09

-1.11

0.16

0.02

0.16

0.07

0.04

-0.17

0.09

-0.10

-0.11

-0.13

0.04

0.03

0.18

0.53

0.53

Weighted Average Shares Outstanding:
Income from Continuing Operations, Net of Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

370

364

Loss from Discontinued Operation, Net of Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6

Net Income Attributable to Weatherford

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31

20

128

370

370

Basic (in shares)

776

776

773

770

769

768

767

765

760

758

754

751

747

745

746

743

738

1,434

724

700

0

682

681

Diluted (in shares)

776

766

779

770

773

758

771

765

766

758

760

758

758

745

751

743

738

1,446

735

709

0

701

701