XML 52 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and equivalents $ 698 $ 1,026
Accounts receivable, net of allowance of $165 and $154, respectively 2,914 2,768
Inventories 2,943 2,740
Deferred income taxes 341 417
Prepaid and other current assets 983 1,147
Total current assets 7,879 8,098
Property, net of accumulated depreciation of $5,964 and $5,959, respectively 3,684 3,981
Goodwill 3,039 2,807
Other intangibles, net of accumulated amortization of $309 and $267, respectively 2,705 2,803
Deferred income taxes 1,917 1,900
Other noncurrent assets 399 413
Total assets 19,623 20,002
Current liabilities    
Accounts payable 4,162 4,730
Accrued expenses 693 852
Accrued advertising and promotions 614 673
Employee compensation 426 499
Notes payable 803 569
Current maturities of long-term debt 507 234
Other current liabilities 1,006 846
Total current liabilities 8,211 8,403
Noncurrent liabilities    
Long-term debt 3,502 3,544
Pension benefits 976 1,123
Postretirement benefits 405 446
Other noncurrent liabilities 740 690
Total noncurrent liabilities 5,623 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 2,597 2,555
Retained earnings 6,611 6,209
Accumulated other comprehensive loss (2,211) (1,840)
Treasury stock, 32 million shares (2,244) (2,149)
Total Whirlpool stockholders’ equity 4,863 4,885
Noncontrolling interests 926 911
Total stockholders’ equity 5,789 5,796
Total liabilities and stockholders’ equity $ 19,623 $ 20,002