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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 1,041 $ 1,085
Accounts receivable, net of allowance of $161 and $185, respectively 2,974 2,711
Inventories 3,230 2,623
Prepaid and other current assets 984 920
Total current assets 8,229 7,339
Property, net of accumulated depreciation of $6,542 and $6,055, respectively 3,811 3,810
Goodwill 3,053 2,956
Other intangibles, net of accumulated amortization of $429 and $387, respectively 2,602 2,552
Deferred income taxes 2,214 2,154
Other noncurrent assets 297 342
Total assets 20,206 19,153
Current liabilities    
Accounts payable 4,733 4,416
Accrued expenses 695 649
Accrued advertising and promotions 655 742
Employee compensation 381 390
Notes payable 1,111 34
Current maturities of long-term debt 659 560
Other current liabilities 822 871
Total current liabilities 9,056 7,662
Noncurrent liabilities    
Long-term debt 3,631 3,876
Pension benefits 1,052 1,074
Postretirement benefits 324 334
Other noncurrent liabilities 463 479
Total noncurrent liabilities 5,470 5,763
Stockholders’ equity    
Common stock, $1 par value, 250 million shares authorized, 111 million shares issued, and 73 million and 74 million shares outstanding, respectively 111 111
Additional paid-in capital 2,721 2,672
Retained earnings 7,501 7,314
Accumulated other comprehensive loss (2,328) (2,400)
Treasury stock, 38 million and 37 million shares, respectively (3,274) (2,924)
Total Whirlpool stockholders’ equity 4,731 4,773
Noncontrolling interests 949 955
Total stockholders’ equity 5,680 5,728
Total liabilities and stockholders’ equity $ 20,206 $ 19,153