XML 45 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets    
Cash and equivalents $ 945 $ 1,380
Accounts receivable, net of allowance of $77 and $73, respectively 2,222 2,005
Inventories 2,812 2,408
Deferred income taxes 335 549
Prepaid and other current assets 731 680
Total current assets 7,045 7,022
Property, net of accumulated depreciation of $6,425 and $6,278, respectively 3,069 3,041
Goodwill 1,723 1,724
Other intangibles, net of accumulated amortization of $249 and $237, respectively 1,692 1,702
Deferred income taxes 1,758 1,764
Other noncurrent assets 321 291
Total assets 15,608 15,544
Current liabilities    
Accounts payable 3,876 3,865
Accrued expenses 667 710
Accrued advertising and promotions 353 441
Employee compensation 357 456
Notes payable 3 10
Current maturities of long-term debt 312 607
Other current liabilities 550 705
Total current liabilities 6,118 6,794
Noncurrent liabilities    
Long-term debt 2,461 1,846
Pension benefits 868 930
Postretirement benefits 468 458
Other noncurrent liabilities 342 482
Total noncurrent liabilities 4,139 3,716
Stockholders’ equity    
Common stock, $1 par value, 250 million shares authorized, 110 million and 109 million shares issued, and 78 million and 77 million shares outstanding, respectively 110 109
Additional paid-in capital 2,497 2,453
Retained earnings 6,015 5,784
Accumulated other comprehensive loss (1,258) (1,298)
Treasury stock, 32 million shares (2,124) (2,124)
Total Whirlpool stockholders’ equity 5,240 4,924
Noncontrolling interests 111 110
Total stockholders’ equity 5,351 5,034
Total liabilities and stockholders’ equity $ 15,608 $ 15,544