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Income Statement
Weatherford International plc (WFRD)
source: myfinsight.com
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Material Reconciling
Items
$86M
Operating
Segments-Drillingand Evaluation
$335M
Operating
Segments-Production And...
$327M
Operating Segments-Well
Construction And Completion
$456M
Total revenue
$1,204M
(-14.31%↓ Y/Y)
Operating income
$237M
(-10.23%↓ Y/Y)
Total costs and
expenses
$967M
(-15.25%↓ Y/Y)
Gain on sale of
business
$70M
Income before income
taxes
$191M
(-9.05%↓ Y/Y)
Loss on blue chip swap
securities
-$1M
(90.00%↑ Y/Y)
Interest expense, net of
interest income of 14, 17,...
-$21M
(12.50%↑ Y/Y)
Other expense, net
-$24M
Cost of services and
products-Product
$365M
Cost of services and
products-Service
$464M
Other expense, net
-$3M
(85.00%↑ Y/Y)
Research and development
$30M
(-3.23%↓ Y/Y)
Restructuring charges
$11M
Selling, general and
administrative
$164M
(-24.07%↓ Y/Y)
Net income
$145M
(5.84%↑ Y/Y)
Income tax provision
$46M
(-36.99%↓ Y/Y)
Net income
attributable to weatherford
$136M
(8.80%↑ Y/Y)
Net income
attributable to...
$9M
(-25.00%↓ Y/Y)
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