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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 1,196 $ 1,085
Accounts receivable, net of allowance of $157 and $185, respectively 2,665 2,711
Inventories 2,988 2,623
Prepaid and other current assets 1,081 920
Total current assets 7,930 7,339
Property, net of accumulated depreciation of $6,825 and $6,055, respectively 4,033 3,810
Goodwill 3,118 2,956
Other intangibles, net of accumulated amortization of $476 and $387, respectively 2,591 2,552
Deferred income taxes 2,013 2,154
Other noncurrent assets 353 342
Total assets 20,038 19,153
Current liabilities    
Accounts payable 4,797 4,416
Accrued expenses 674 649
Accrued advertising and promotions 853 742
Employee compensation 414 390
Notes payable 450 34
Current maturities of long-term debt 376 560
Other current liabilities 941 871
Total current liabilities 8,505 7,662
Noncurrent liabilities    
Long-term debt 4,392 3,876
Pension benefits 1,029 1,074
Postretirement benefits 352 334
Other noncurrent liabilities 632 479
Total noncurrent liabilities 6,405 5,763
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 112 million and 111 million shares issued, and 71 million and 74 million shares outstanding, respectively 112 111
Additional paid-in capital 2,739 2,672
Retained earnings 7,352 7,314
Accumulated other comprehensive loss (2,331) (2,400)
Treasury stock, 41 million and 37 million shares, respectively (3,674) (2,924)
Total Whirlpool stockholders' equity 4,198 4,773
Noncontrolling interests 930 955
Total stockholders' equity 5,128 5,728
Total liabilities and stockholders' equity $ 20,038 $ 19,153