XML 40 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash and equivalents $ 518 $ 1,109
Accounts receivable, net of allowance of $66 and $61, respectively 2,266 2,105
Inventories 2,598 2,354
Deferred income taxes 508 248
Prepaid and other current assets 714 606
Total current assets 6,604 6,422
Property, net of accumulated depreciation of $6,092 and $6,146, respectively 2,947 3,102
Goodwill 1,728 1,727
Other intangibles, net of accumulated amortization of $203 and $177, respectively 1,732 1,757
Deferred income taxes 1,716 1,893
Other noncurrent assets 245 280
Total assets 14,972 15,181
Current liabilities    
Accounts payable 3,588 3,512
Accrued expenses 681 951
Accrued advertising and promotions 416 429
Employee compensation 450 365
Notes payable 20 1
Current maturities of long-term debt 510 361
Other current liabilities 695 678
Total current liabilities 6,360 6,297
Noncurrent liabilities    
Long-term debt 1,920 2,129
Pension benefits 1,309 1,487
Postretirement benefits 408 430
Other noncurrent liabilities 534 558
Total noncurrent liabilities 4,171 4,604
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 107 million and 106 million shares issued and 78 million and 76 million shares outstanding, respectively 107 106
Additional paid-in capital 2,242 2,201
Retained earnings 5,083 4,922
Accumulated other comprehensive loss (1,318) (1,226)
Treasury stock, 29 million and 30 million shares, respectively (1,781) (1,822)
Total Whirlpool stockholders' equity 4,333 4,181
Noncontrolling interests 108 99
Total stockholders' equity 4,441 4,280
Total liabilities and stockholders' equity $ 14,972 $ 15,181