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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and equivalents $ 426 $ 1,109
Accounts receivable, net of allowance of $60 and $61, respectively 2,125 2,105
Inventories 2,583 2,354
Deferred income taxes 467 248
Prepaid and other current assets 676 606
Total current assets 6,277 6,422
Property, net of accumulated depreciation of $6,101 and $6,146, respectively 2,955 3,102
Goodwill 1,727 1,727
Other intangibles, net of accumulated amortization of $193 and $177, respectively 1,738 1,757
Deferred income taxes 1,678 1,893
Other noncurrent assets 232 280
Total assets 14,607 15,181
Current liabilities    
Accounts payable 3,517 3,512
Accrued expenses 672 951
Accrued advertising and promotions 329 429
Employee compensation 406 365
Notes payable 3 1
Current maturities of long-term debt 510 361
Other current liabilities 623 678
Total current liabilities 6,060 6,297
Noncurrent liabilities    
Long-term debt 1,922 2,129
Pension benefits 1,372 1,487
Postretirement benefits 415 430
Other noncurrent liabilities 520 558
Total noncurrent liabilities 4,229 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 2,227 2,201
Retained earnings 5,049 4,922
Accumulated other comprehensive loss (1,376) (1,226)
Treasury stock, 30 million shares (1,794) (1,822)
Total Whirlpool stockholders' equity 4,213 4,181
Noncontrolling interests 105 99
Total stockholders' equity 4,318 4,280
Total liabilities and stockholders' equity $ 14,607 $ 15,181