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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 2,114 $ 3,044
Accounts receivable, net of allowance of $100 and $98, respectively 2,860 3,100
Inventories 3,136 2,717
Prepaid and other current assets 858 834
Total current assets 8,968 9,695
Property, net of accumulated depreciation of $6,696 and $6,619, respectively 2,764 2,805
Right of use assets 947 946
Goodwill 2,476 2,485
Other intangibles, net of accumulated amortization of $524 and $522, respectively 1,962 1,981
Deferred income taxes 1,897 1,920
Other noncurrent assets 473 453
Total assets 19,487 20,285
Current liabilities    
Accounts payable 5,262 5,413
Accrued expenses 685 609
Accrued advertising and promotions 582 854
Employee compensation 343 576
Notes payable 10 10
Current maturities of long-term debt 548 298
Other current liabilities 855 750
Total current liabilities 8,285 8,510
Noncurrent liabilities    
Long-term debt 4,631 4,929
Pension benefits 364 378
Postretirement benefits 141 142
Lease liabilities 798 794
Other noncurrent liabilities 523 519
Total noncurrent liabilities 6,457 6,762
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 114 million and 114 million shares issued, respectively, and 57 million and 59 million shares outstanding, respectively 114 114
Additional paid-in capital 3,028 3,025
Retained earnings 10,380 10,170
Accumulated other comprehensive loss (2,299) (2,357)
Treasury stock, 57 million and 55 million shares, respectively (6,648) (6,106)
Total Whirlpool stockholders' equity 4,575 4,846
Noncontrolling interests 170 167
Total stockholders' equity 4,745 5,013
Total liabilities and stockholders' equity $ 19,487 $ 20,285