XML 40 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets    
Cash and equivalents $ 826 $ 1,168
Accounts receivable, net of allowance of $68 and $60, respectively 2,226 2,038
Inventories 2,667 2,354
Deferred income taxes 497 558
Prepaid and other current assets 787 709
Total current assets 7,003 6,827
Property, net of accumulated depreciation of $6,262 and $6,070, respectively 2,936 3,034
Goodwill 1,725 1,727
Other intangibles, net of accumulated amortization of $231 and $211, respectively 1,706 1,722
Deferred income taxes 1,974 1,832
Other noncurrent assets 316 254
Total assets 15,660 15,396
Current liabilities    
Accounts payable 3,782 3,698
Accrued expenses 706 692
Accrued advertising and promotions 414 419
Employee compensation 422 520
Notes payable 2 7
Current maturities of long-term debt 609 510
Other current liabilities 744 664
Total current liabilities 6,679 6,510
Noncurrent liabilities    
Long-term debt 1,834 1,944
Pension benefits 1,500 1,636
Postretirement benefits 389 422
Other noncurrent liabilities 472 517
Total noncurrent liabilities 4,195 4,519
Stockholders’ equity    
Common stock, $1 par value, 250 million shares authorized, 109 million and 108 million shares issued, respectively, and 79 million shares outstanding 109 108
Additional paid-in capital 2,409 2,313
Retained earnings 5,653 5,147
Accumulated other comprehensive loss (1,580) (1,531)
Treasury stock, 30 million and 29 million shares, respectively (1,922) (1,777)
Total Whirlpool stockholders’ equity 4,669 4,260
Noncontrolling interests 117 107
Total stockholders’ equity 4,786 4,367
Total liabilities and stockholders’ equity $ 15,660 $ 15,396