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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 2,837 $ 1,952
Accounts receivable, net of allowance of $124 and $132, respectively 1,931 2,198
Inventories 2,543 2,438
Prepaid and other current assets 851 810
Total current assets 8,162 7,398
Property, net of accumulated depreciation of $6,388 and $6,444, respectively 3,156 3,301
Right of use assets 886 921
Goodwill 2,424 2,440
Other intangibles, net of accumulated amortization of $600 and $593, respectively 2,185 2,225
Deferred income taxes 2,132 2,238
Other noncurrent assets 450 358
Total assets 19,395 18,881
Current liabilities    
Accounts payable 4,065 4,547
Accrued expenses 527 652
Accrued advertising and promotions 505 949
Employee compensation 285 450
Notes payable 2,392 294
Current maturities of long-term debt 0 559
Other current liabilities 802 918
Total current liabilities 8,576 8,369
Noncurrent liabilities    
Long-term debt 4,662 4,140
Pension benefits 501 542
Postretirement benefits 315 322
Lease liabilities 720 778
Other noncurrent liabilities 641 612
Total noncurrent liabilities 6,839 6,394
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 112 million shares issued, and 62 million and 63 million shares outstanding, respectively 112 112
Additional paid-in capital 2,811 2,806
Retained earnings 7,947 7,870
Accumulated other comprehensive loss (2,715) (2,618)
Treasury stock, 50 million and 49 million shares, respectively (5,095) (4,975)
Total Whirlpool stockholders' equity 3,060 3,195
Noncontrolling interests 920 923
Total stockholders' equity 3,980 4,118
Total liabilities and stockholders' equity $ 19,395 $ 18,881