Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 951	$ 1,085
Accounts receivable, net of allowance of $188 and $185, respectively	2,735	2,711
Inventories	3,076	2,623
Prepaid and other current assets	942	920
Total current assets	7,704	7,339
Property, net of accumulated depreciation of $6,181 and $6,055, respectively	3,792	3,810
Goodwill	2,971	2,956
Other intangibles, net of accumulated amortization of $406 and $387, respectively	2,547	2,552
Deferred income taxes	2,132	2,154
Other noncurrent assets	334	342
Total assets	19,480	19,153
Current liabilities
Accounts payable	4,334	4,416
Accrued expenses	686	649
Accrued advertising and promotions	524	742
Employee compensation	451	390
Notes payable	834	34
Current maturities of long-term debt	309	560
Other current liabilities	834	871
Total current liabilities	7,972	7,662
Noncurrent liabilities
Long-term debt	3,890	3,876
Pension benefits	1,059	1,074
Postretirement benefits	329	334
Other noncurrent liabilities	455	479
Total noncurrent liabilities	5,733	5,763
Stockholders’ equity
Common stock, $1 par value, 250 million shares authorized, 111 million shares issued, and 74 million shares outstanding, respectively	111	111
Additional paid-in capital	2,704	2,672
Retained earnings	7,394	7,314
Accumulated other comprehensive loss	(2,319)	(2,400)
Treasury stock, 37 million shares, respectively	(3,074)	(2,924)
Total Whirlpool stockholders’ equity	4,816	4,773
Noncontrolling interests	959	955
Total stockholders’ equity	5,775	5,728
Total liabilities and stockholders’ equity	$ 19,480	$ 19,153

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).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- 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.