Corporate general and administrative expenses of $53 million declined $11 million compared to the prior quarter but continues to run at elevated levels due to additional professional service fees incurred in the quarter related to the income tax remediation.During the second quarter 2012, we generated EBITDA, defined as non-GAAP operating income plus depreciation and amortization, of $731 million, with depreciation and amortization of $310 million compared to EBITDA of $729 million and depreciation and amortization of $301 million in the prior quarter.
Weatherford International Management Discusses Q2 2012 Results - Earnings Call Transcript
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