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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 3,044 $ 2,924
Accounts receivable, net of allowance of $98 and $132, respectively 3,100 3,109
Inventories 2,717 2,301
Prepaid and other current assets 834 795
Total current assets 9,695 9,129
Property, net of accumulated depreciation of $6,619 and $6,780, respectively 2,805 3,199
Right of use assets 946 989
Goodwill 2,485 2,496
Other intangibles, net of accumulated amortization of $522 and $673, respectively 1,981 2,194
Deferred income taxes 1,920 2,189
Other noncurrent assets 453 240
Total assets 20,285 20,436
Current liabilities    
Accounts payable 5,413 4,834
Accrued expenses 609 637
Accrued advertising and promotions 854 831
Employee compensation 576 648
Notes payable 10 12
Current maturities of long-term debt 298 298
Other current liabilities 750 1,070
Total current liabilities 8,510 8,330
Noncurrent liabilities    
Long-term debt 4,929 5,059
Pension benefits 378 516
Postretirement benefits 142 166
Lease liabilities 794 838
Other noncurrent liabilities 519 732
Total noncurrent liabilities 6,762 7,311
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 114 million and 113 million shares issued, respectively, and 59 million and 63 million shares outstanding, respectively 114 113
Additional paid-in capital 3,025 2,923
Retained earnings 10,170 8,725
Accumulated other comprehensive loss (2,357) (2,811)
Treasury stock, 55 million and 50 million shares, respectively (6,106) (5,065)
Total Whirlpool stockholders' equity 4,846 3,885
Noncontrolling interests 167 910
Total stockholders' equity 5,013 4,795
Total liabilities and stockholders' equity $ 20,285 $ 20,436