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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 2,546 $ 1,952
Accounts receivable, net of allowance of $135 and $132, respectively 1,998 2,198
Inventories 2,129 2,438
Prepaid and other current assets 906 810
Total current assets 7,579 7,398
Property, net of accumulated depreciation of $6,497 and $6,444, respectively 3,132 3,301
Right of use assets 905 921
Goodwill 2,433 2,440
Other intangibles, net of accumulated amortization of $618 and $593, respectively 2,178 2,225
Deferred income taxes 2,172 2,238
Other noncurrent assets 277 358
Total assets 18,676 18,881
Current liabilities    
Accounts payable 3,328 4,547
Accrued expenses 633 652
Accrued advertising and promotions 510 949
Employee compensation 343 450
Notes payable 1,712 294
Current maturities of long-term debt 298 559
Other current liabilities 901 918
Total current liabilities 7,725 8,369
Noncurrent liabilities    
Long-term debt 4,886 4,140
Pension benefits 485 542
Postretirement benefits 279 322
Lease liabilities 741 778
Other noncurrent liabilities 635 612
Total noncurrent liabilities 7,026 6,394
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 112 million shares issued, and 62 million and 63 million shares outstanding, respectively 112 112
Additional paid-in capital 2,822 2,806
Retained earnings 7,902 7,870
Accumulated other comprehensive loss (2,731) (2,618)
Treasury stock, 50 million and 49 million shares, respectively (5,087) (4,975)
Total Whirlpool stockholders' equity 3,018 3,195
Noncontrolling interests 907 923
Total stockholders' equity 3,925 4,118
Total liabilities and stockholders' equity $ 18,676 $ 18,881