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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and equivalents $ 1,109 $ 1,368
Accounts receivable, net of allowance of $61 and $66, respectively 2,105 2,278
Inventories 2,354 2,792
Deferred income taxes 248 204
Prepaid and other current assets 606 673
Total current assets 6,422 7,315
Property, net of accumulated depreciation of $6,146 and $6,660, respectively 3,102 3,134
Goodwill 1,727 1,731
Other intangibles, net of accumulated amortization of $177 and $146, respectively 1,757 1,789
Deferred income taxes 1,893 1,305
Other noncurrent assets 280 310
Total assets 15,181 15,584
Current liabilities    
Accounts payable 3,512 3,660
Accrued expenses 951 671
Accrued advertising and promotions 429 426
Employee compensation 365 467
Notes payable 1 2
Current maturities of long-term debt 361 312
Other current liabilities 678 611
Total current liabilities 6,297 6,149
Noncurrent liabilities    
Long-term debt 2,129 2,195
Pension benefits 1,487 1,519
Postretirement benefits 430 610
Other noncurrent liabilities 558 791
Total noncurrent liabilities 4,604 5,115
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 106 million shares issued and 76 million shares outstanding 106 106
Additional paid-in capital 2,201 2,156
Retained earnings 4,922 4,680
Accumulated other comprehensive loss (1,226) (893)
Treasury stock, 30 million shares (1,822) (1,823)
Total Whirlpool stockholders' equity 4,181 4,226
Noncontrolling interests 99 94
Total stockholders' equity 4,280 4,320
Total liabilities and stockholders' equity $ 15,181 $ 15,584