Weatherford International plc
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
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FY2024 · Filed Feb 6, 2025
WFRD$84.31-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
| WEATHERFORD INTERNATIONAL PLC AND SUBSIDIARIES | ||
|---|---|---|
| CONSOLIDATED BALANCE SHEETS | ||
| December 31, | ||
| (Dollars and shares in millions, except par value) | 2024 | 2023 |
| Assets: | ||
| Cash and Cash Equivalents | $916 | $958 |
| Restricted Cash | 59 | 105 |
| Accounts Receivable, Net of Allowance for Credit Losses of $8 at December 31, 2024 and $16 at December 31, 2023 | 1,261 | 1,216 |
| Inventories, Net | 880 | 788 |
| Other Current Assets | 286 | 278 |
| Total Current Assets | 3,402 | 3,345 |
| Property, Plant and Equipment, Net of Accumulated Depreciation of $940 at December 31, 2024 and $883 at December 31, 2023 | 1,061 | 957 |
| Intangible Assets, Net of Accumulated Amortization of $793 at December 31, 2024 and $639 at December 31, 2023 | 325 | 370 |
| Operating Lease Assets | 124 | 138 |
| Other Non-current Assets | 247 | 258 |
| Total Assets | $5,159 | $5,068 |
| Liabilities: | ||
| Current Portion of Long-term Debt | $17 | $168 |
| Accounts Payable | 792 | 679 |
| Accrued Salaries and Benefits | 302 | 387 |
| Income Taxes Payable | 129 | 138 |
| Current Portion of Operating Lease Liabilities | 44 | 46 |
| Other Current Liabilities | 412 | 448 |
| Total Current Liabilities | 1,696 | 1,866 |
| Long-term Debt | 1,617 | 1,715 |
| Operating Lease Liabilities | 110 | 131 |
| Non-current Taxes Payable | 274 | 282 |
| Other Non-current Liabilities | 179 | 152 |
| Total Liabilities | 3,876 | 4,146 |
| Shareholders’ Equity: | ||
| Ordinary Shares - Par value $0.001; Authorized 1,356, Issued andOutstanding 72.1 at December 31, 2024 and 72.1 at December 31, 2023 | — | — |
| Capital in Excess of Par Value | 2,921 | 2,906 |
| Retained Deficit | (1,486) | (1,954) |
| Accumulated Other Comprehensive Loss | (150) | (28) |
| Shareholders’ Equity | 1,285 | 924 |
| Noncontrolling Interests | (2) | (2) |
| Total Shareholders’ Equity | 1,283 | 922 |
| Total Liabilities and Shareholders’ Equity | $5,159 | $5,068 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.