Investor Presentaiton
Q1'21 EARNINGS PRESENTATION
APPENDIX D
($ in millions)
Reconciliation of Cash Flows from Operating Activities to Free Cash Flow (Unaudited)
Quarter Ended
Quarter Ended
3/31/2021
12/31/2020
3/31/2020
Free Cash Flow [1].
Cash Flows Provided by (Used in) Operating Activities
$
74
$
22
$
30
Capital Expenditures for Property, Plant and Equipment
Proceeds from Disposition of Assets
Free Cash Flow [1]
(15)
(54)
(38)
11
9
6
$
70
$
(23)
$
(2)
Please see the corresponding earnings release available on Weatherford's website for additional information and additional GAAP to Non-GAAP reconciliation tables
[1] Free cash flow is a non-GAAP measure calculated as cash flows provided by (used in) operating activities, less capital expenditures for property, plant and equipment plus
proceeds from the disposition of assets. Management believes free cash flow is useful to understand liquidity and should be considered in addition to but not substitute cash flows
provided by (used in) operating activities.
16
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