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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and equivalents $ 583 $ 1,109
Accounts receivable, net of allowance of $63 and $61, respectively 2,143 2,105
Inventories 2,608 2,354
Deferred income taxes 283 248
Prepaid and other current assets 660 606
Total current assets 6,277 6,422
Property, net of accumulated depreciation of $6,274 and $6,146, respectively 3,097 3,102
Goodwill 1,728 1,727
Other intangibles, net of accumulated amortization of $187 and $177, respectively 1,751 1,757
Deferred income taxes 1,877 1,893
Other noncurrent assets 285 280
Total assets 15,015 15,181
Current liabilities    
Accounts payable 3,581 3,512
Accrued expenses 713 951
Accrued advertising and promotions 322 429
Employee compensation 414 365
Notes payable 0 1
Current maturities of long-term debt 861 361
Other current liabilities 618 678
Total current liabilities 6,509 6,297
Noncurrent liabilities    
Long-term debt 1,628 2,129
Pension benefits 1,434 1,487
Postretirement benefits 425 430
Other noncurrent liabilities 561 558
Total noncurrent liabilities 4,048 4,604
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 107 million and 106 million shares issued and 77 million and 76 million shares outstanding, respectively 107 106
Additional paid-in capital 2,216 2,201
Retained earnings 4,975 4,922
Accumulated other comprehensive loss (1,131) (1,226)
Treasury stock, 30 million shares (1,812) (1,822)
Total Whirlpool stockholders' equity 4,355 4,181
Noncontrolling interests 103 99
Total stockholders' equity 4,458 4,280
Total liabilities and stockholders' equity $ 15,015 $ 15,181