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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 1,794 $ 3,044
Accounts receivable, net of allowance of $83 and $98, respectively 2,410 3,100
Inventories 2,884 2,717
Prepaid and other current assets 831 834
Total current assets 7,919 9,695
Property, net of accumulated depreciation of $6,397 and $6,619, respectively 2,569 2,805
Right of use assets 833 946
Goodwill 2,177 2,485
Other intangibles, net of accumulated amortization of $520 and $522, respectively 1,800 1,981
Deferred income taxes 1,741 1,920
Other noncurrent assets 472 453
Total assets 17,511 20,285
Current liabilities    
Accounts payable 4,445 5,413
Accrued expenses 580 609
Accrued advertising and promotions 692 854
Employee compensation 240 576
Notes payable 8 10
Current maturities of long-term debt 248 298
Other current liabilities 596 750
Total current liabilities 6,809 8,510
Noncurrent liabilities    
Long-term debt 4,722 4,929
Pension benefits 273 378
Postretirement benefits 132 142
Lease liabilities 699 794
Other noncurrent liabilities 525 519
Total noncurrent liabilities 6,351 6,762
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 114 million and 114 million shares issued, respectively, and 54 million and 59 million shares outstanding, respectively 114 114
Additional paid-in capital 3,053 3,025
Retained earnings 9,960 10,170
Accumulated other comprehensive loss (1,939) (2,357)
Treasury stock, 60 million and 55 million shares, respectively (7,010) (6,106)
Total Whirlpool stockholders' equity 4,178 4,846
Noncontrolling interests 173 167
Total stockholders' equity 4,351 5,013
Total liabilities and stockholders' equity $ 17,511 $ 20,285