← Weatherford International plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($3.4b) ($2.8b) ($2.8b) $3.7b ($1.9b) ($450.0m) $26.0m $417.0m $506.0m $431.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($3.4b) ($2.8b) ($2.8b) $3.7b ($1.9b) ($429.0m) $51.0m $449.0m $550.0m $457.0m
Net Income (Loss) Attributable to Noncontrolling Interest $19.0m $20.0m $20.0m $23.0m $22.0m $21.0m $25.0m $32.0m $44.0m $26.0m
Depreciation, Depletion and Amortization $956.0m $801.0m $556.0m $447.0m $503.0m $440.0m $349.0m $327.0m $343.0m $267.0m
Amortization of Intangible Assets $60.0m $52.0m $63.0m — $163.0m $156.0m $155.0m $156.0m $158.0m $59.0m
Depreciation $896.0m $749.0m $493.0m $386.0m $340.0m $284.0m $194.0m $171.0m $185.0m $208.0m
Deferred Income Tax Expense (Benefit) $381.0m ($25.0m) ($79.0m) $25.0m ($5.0m) ($10.0m) $4.0m ($86.0m) $8.0m ($14.0m)
Share-based Payment Arrangement, Noncash Expense $87.0m — — — — — — — — —
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — — $56.0m $31.0m $21.0m
Share-based Payment Arrangement, Expense $87.0m $70.0m $47.0m $46.0m $0 $25.0m $25.0m $35.0m $45.0m $38.0m
Goodwill, Impairment Loss — — $1.9b $730.0m $239.0m $0 $0 — — —
Impairment of Intangible Assets (Excluding Goodwill) — $5.0m — — $155.0m $155.0m — — — —
Restructuring Costs and Asset Impairment Charges $194.0m $38.0m $89.0m $91.0m $60.0m $0 $5.0m — — —
Gain (Loss) on Disposition of Assets $0 $91.0m $53.0m $15.0m $0 ($22.0m) ($41.0m) ($11.0m) ($35.0m) ($9.0m)
Gain (Loss) on Disposition of Business $0 $96.0m $0 ($112.0m) $0 $0 — — — $70.0m
Gain (Loss) on Disposition of Other Assets — $96.0m $0 $112.0m $0 $22.0m $41.0m $11.0m $35.0m $9.0m
Gain (Loss) on Extinguishment of Debt — — — — — ($170.0m) ($5.0m) — — ($39.0m)
Income (Loss) from Equity Method Investments $0 $0 $0 — — — — — — —
Income Tax Expense (Benefit) $496.0m $137.0m $34.0m $135.0m $85.0m $86.0m $87.0m $57.0m $189.0m $97.0m
Operating Lease, Expense — — — — $76.0m $61.0m $57.0m $234.0m — —
Other Nonoperating Income (Expense) ($8.0m) ($34.0m) ($46.0m) ($26.0m) ($53.0m) ($29.0m) ($90.0m) ($129.0m) ($87.0m) ($70.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($214.0m) $29.0m $70.0m $135.0m ($378.0m) $6.0m $193.0m $221.0m $31.0m ($75.0m)
Increase (Decrease) in Inventories ($260.0m) $37.0m ($86.0m) $215.0m ($64.0m) $18.0m $56.0m $114.0m $112.0m ($24.0m)
Increase (Decrease) in Accounts Payable — — — — — — $84.0m $231.0m $97.0m ($131.0m)
Foreign Currency Transaction Gain (Loss), before Tax ($9.0m) — — — — — — ($116.0m) ($56.0m) ($45.0m)
Gain (Loss) on Sale of Derivatives — — — — — — — ($57.0m) ($10.0m) ($2.0m)
Gain (Loss) Related to Litigation Settlement ($220.0m) — — — — — — — — —
General and Administrative Expense $139.0m $130.0m $130.0m $118.0m — — — — — —
Goodwill $2.8b $2.7b $713.0m $0 $0 — — — — —
Inventory Write-down $252.0m $540.0m $80.0m $159.0m $210.0m $62.0m $36.0m $19.0m $32.0m $29.0m
Revenue from Contract with Customer, Including Assessed Tax — — $5.4b — $3.7b — $4.3b $5.1b $5.5b $4.9b
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $40.0m — — — — — — — — —
Other Operating Income (Expense), Net — — — — — $10.0m ($31.0m) — — —
Net Cash Provided by (Used in) Operating Activities ($314.0m) ($388.0m) ($242.0m) ($747.0m) $210.0m $322.0m $349.0m $832.0m $792.0m $676.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $204.0m $225.0m $186.0m $250.0m $154.0m $85.0m $132.0m $209.0m $299.0m $226.0m
Payments to Acquire Businesses, Net of Cash Acquired $5.0m $7.0m ($4.0m) $0 $0 — — — $51.0m $0
Payments for (Proceeds from) Other Investing Activities — $51.0m $0 $0 ($50.0m) $39.0m $4.0m $51.0m ($36.0m) $30.0m
Net Cash Provided by (Used in) Investing Activities ($137.0m) ($62.0m) $122.0m $149.0m ($75.0m) ($83.0m) ($54.0m) ($289.0m) ($293.0m) ($145.0m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $3.7b $250.0m $586.0m $1.6b $453.0m $2.1b $0 $0 — —
Proceeds from Issuance of Common Stock $1.1b $0 $0 — — — — — — —
Payments for Repurchase of Common Stock — — — — — — — — $99.0m $101.0m
Payments of Ordinary Dividends, Common Stock — — — — — — — — $36.0m $72.0m
Proceeds from (Payments for) Other Financing Activities ($41.0m) ($33.0m) ($40.0m) ($49.0m) ($45.0m) ($28.0m) ($15.0m) ($15.0m) ($19.0m) ($45.0m)
Net Cash Provided by (Used in) Financing Activities $1.1b $20.0m $168.0m $749.0m $348.0m ($403.0m) ($248.0m) ($514.0m) ($511.0m) ($474.0m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($50.0m) $6.0m ($59.0m) $1.0m $2.0m ($8.0m) ($48.0m) ($78.0m) ($76.0m) $10.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($50.0m) $6.0m ($59.0m) $1.0m $485.0m ($172.0m) ($1.0m) ($49.0m) ($88.0m) $67.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — ($424.0m) ($11.0m) $152.0m $1.3b $1.1b $1.1b $1.1b $975.0m $1.0b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $467.0m $538.0m $584.0m $272.0m $232.0m $269.0m $220.0m $181.0m $153.0m $125.0m
Income Taxes Paid, Net $161.0m $87.0m $99.0m $89.0m $79.0m $62.0m $86.0m $132.0m $168.0m $157.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.