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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 1,231 $ 1,570
Accounts receivable, net of allowance of $49 and $47, respectively 1,707 1,529
Inventories 2,381 2,247
Prepaid and other current assets 646 717
Assets held for sale 227 144
Total current assets 6,192 6,207
Property, net of accumulated depreciation of $5,322 and $5,259, respectively 2,240 2,234
Right of use assets 859 721
Goodwill 3,328 3,330
Other intangibles, net of accumulated amortization of $449 and $440, respectively 3,115 3,124
Deferred income taxes 1,283 1,317
Other noncurrent assets 353 379
Total assets 17,370 17,312
Current liabilities    
Accounts payable 3,404 3,598
Accrued expenses 459 491
Accrued advertising and promotions 446 603
Employee compensation 152 238
Notes payable 500 17
Current maturities of long-term debt 500 800
Other current liabilities 512 614
Liabilities held for sale 577 587
Total current liabilities 6,550 6,948
Noncurrent liabilities    
Long-term debt 6,674 6,414
Pension benefits 136 147
Postretirement benefits 105 107
Lease liabilities 759 612
Other noncurrent liabilities 536 547
Total noncurrent liabilities 8,210 7,827
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 114 million and 114 million shares issued, respectively, and 55 million and 55 million shares outstanding, respectively 114 114
Additional paid-in capital 3,448 3,078
Retained earnings 8,004 8,358
Accumulated other comprehensive loss (2,157) (2,178)
Treasury stock, 60 million and 60 million shares, respectively (7,055) (7,010)
Total Whirlpool stockholders' equity 2,354 2,362
Noncontrolling interests 256 175
Total stockholders' equity 2,610 2,537
Total liabilities and stockholders' equity $ 17,370 $ 17,312