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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 699 $ 772
Accounts receivable, net of allowance of $171 and $160, respectively 2,695 2,530
Inventories 3,096 2,619
Deferred income taxes 452 451
Prepaid and other current assets 952 953
Total current assets 7,894 7,325
Property, net of accumulated depreciation of $6,182 and $5,953, respectively 3,800 3,774
Goodwill 3,054 3,006
Other intangibles, net of accumulated amortization of $342 and $327, respectively 2,697 2,678
Deferred income taxes 1,847 1,850
Other noncurrent assets 380 377
Total assets 19,672 19,010
Current liabilities    
Accounts payable 4,286 4,403
Accrued expenses 701 675
Accrued advertising and promotions 518 706
Employee compensation 474 452
Notes payable 998 20
Current maturities of long-term debt 760 508
Other current liabilities 950 980
Total current liabilities 8,687 7,744
Noncurrent liabilities    
Long-term debt 3,251 3,470
Pension benefits 1,010 1,025
Postretirement benefits 347 390
Other noncurrent liabilities 681 707
Total noncurrent liabilities 5,289 5,592
Stockholders’ equity    
Common stock, $1 par value, 250 million shares authorized, 111 million shares issued, and 76 million and 77 million shares outstanding, respectively 111 111
Additional paid-in capital 2,645 2,641
Retained earnings 6,803 6,722
Accumulated other comprehensive loss (2,177) (2,332)
Treasury stock, 35 million and 33 million shares, respectively (2,624) (2,399)
Total Whirlpool stockholders’ equity 4,758 4,743
Noncontrolling interests 938 931
Total stockholders’ equity 5,696 5,674
Total liabilities and stockholders’ equity $ 19,672 $ 19,010