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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,359 $ 1,958
Accounts receivable, net of allowance of $49 and $49, respectively 1,612 1,555
Inventories 2,351 2,089
Prepaid and other current assets 630 653
Assets held for sale 143 139
Total current assets 6,095 6,394
Property, net of accumulated depreciation of $5,064 and $4,808, respectively 2,104 2,102
Right of use assets 697 691
Goodwill 3,328 3,314
Other intangibles, net of accumulated amortization of $410 and $400, respectively 3,154 3,164
Deferred income taxes 1,096 1,063
Other noncurrent assets 390 396
Total assets 16,864 17,124
Current liabilities    
Accounts payable 3,467 3,376
Accrued expenses 542 481
Accrued advertising and promotions 421 623
Employee compensation 151 159
Notes payable 9 4
Current maturities of long-term debt 300 248
Other current liabilities 631 550
Liabilities held for sale 461 490
Total current liabilities 5,982 5,931
Noncurrent liabilities    
Long-term debt 7,382 7,363
Pension benefits 156 184
Postretirement benefits 93 96
Lease liabilities 594 584
Other noncurrent liabilities 423 460
Total noncurrent liabilities 8,648 8,687
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 114 million and 114 million shares issued, respectively, and 55 million and 54 million shares outstanding, respectively 114 114
Additional paid-in capital 3,064 3,061
Retained earnings 7,985 8,261
Accumulated other comprehensive loss (2,091) (2,090)
Treasury stock, 60 million and 60 million shares, respectively (7,011) (7,010)
Total Whirlpool stockholders' equity 2,061 2,336
Noncontrolling interests 173 170
Total stockholders' equity 2,234 2,506
Total liabilities and stockholders' equity $ 16,864 $ 17,124