Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets
Cash and equivalents	$ 691	$ 1,026
Accounts receivable, net of allowance of $174 and $154, respectively	2,702	2,768
Inventories	3,086	2,740
Deferred income taxes	350	417
Prepaid and other current assets	1,044	1,147
Total current assets	7,873	8,098
Property, net of accumulated depreciation of $6,029 and $5,959, respectively	3,813	3,981
Goodwill	2,792	2,807
Other intangibles, net of accumulated amortization of $293 and $267, respectively	2,707	2,803
Deferred income taxes	1,884	1,900
Other noncurrent assets	444	413
Total assets	19,513	20,002
Current liabilities
Accounts payable	4,179	4,730
Accrued expenses	809	852
Accrued advertising and promotions	514	673
Employee compensation	408	499
Notes payable	740	569
Current maturities of long-term debt	267	234
Other current liabilities	879	846
Total current liabilities	7,796	8,403
Noncurrent liabilities
Long-term debt	3,750	3,544
Pension benefits	1,061	1,123
Postretirement benefits	431	446
Other noncurrent liabilities	627	690
Total noncurrent liabilities	5,869	5,803
Stockholders’ equity
Common stock, $1 par value, 250 million shares authorized, 110 million shares issued, and 78 million shares outstanding	110	110
Additional paid-in capital	2,586	2,555
Retained earnings	6,446	6,209
Accumulated other comprehensive loss	(2,012)	(1,840)
Treasury stock, 32 million shares	(2,199)	(2,149)
Total Whirlpool stockholders’ equity	4,931	4,885
Noncontrolling interests	917	911
Total stockholders’ equity	5,848	5,796
Total liabilities and stockholders’ equity	$ 19,513	$ 20,002

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.