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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,570 $ 1,958
Accounts receivable, net of allowance of $47 and $49, respectively 1,529 1,555
Inventories 2,247 2,089
Prepaid and other current assets 717 653
Assets held for sale 144 139
Total current assets 6,207 6,394
Property, net of accumulated depreciation of $5,259 and $4,808, respectively 2,234 2,102
Right of use assets 721 691
Goodwill 3,330 3,314
Other intangibles, net of accumulated amortization of $440 and $400, respectively 3,124 3,164
Deferred income taxes 1,317 1,063
Other noncurrent assets 379 396
Total assets 17,312 17,124
Current liabilities    
Accounts payable 3,598 3,376
Accrued expenses 491 481
Accrued advertising and promotions 603 623
Employee compensation 238 159
Notes payable 17 4
Current maturities of long-term debt 800 248
Other current liabilities 614 550
Liabilities held for sale 587 490
Total current liabilities 6,948 5,931
Noncurrent liabilities    
Long-term debt 6,414 7,363
Pension benefits 147 184
Postretirement benefits 107 96
Lease liabilities 612 584
Other noncurrent liabilities 547 460
Total noncurrent liabilities 7,827 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 3,078 3,061
Retained earnings 8,358 8,261
Accumulated other comprehensive loss (2,178) (2,090)
Treasury stock, 60 million and 60 million shares, respectively (7,010) (7,010)
Total Whirlpool stockholders' equity 2,362 2,336
Noncontrolling interests 175 170
Total stockholders' equity 2,537 2,506
Total liabilities and stockholders' equity $ 17,312 $ 17,124