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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 1,642 $ 3,044
Accounts receivable, net of allowance of $87 and $98, respectively 2,723 3,100
Inventories 3,218 2,717
Prepaid and other current assets 877 834
Total current assets 8,460 9,695
Property, net of accumulated depreciation of $6,540 and $6,619, respectively 2,614 2,805
Right of use assets 898 946
Goodwill 2,183 2,485
Other intangibles, net of accumulated amortization of $522 and $522, respectively 1,827 1,981
Deferred income taxes 1,769 1,920
Other noncurrent assets 601 453
Total assets 18,352 20,285
Current liabilities    
Accounts payable 5,063 5,413
Accrued expenses 624 609
Accrued advertising and promotions 650 854
Employee compensation 284 576
Notes payable 19 10
Current maturities of long-term debt 248 298
Other current liabilities 704 750
Total current liabilities 7,592 8,510
Noncurrent liabilities    
Long-term debt 4,831 4,929
Pension benefits 311 378
Postretirement benefits 137 142
Lease liabilities 755 794
Other noncurrent liabilities 517 519
Total noncurrent liabilities 6,551 6,762
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 114 million and 114 million shares issued, respectively, and 55 million and 59 million shares outstanding, respectively 114 114
Additional paid-in capital 3,047 3,025
Retained earnings 9,912 10,170
Accumulated other comprehensive loss (2,090) (2,357)
Treasury stock, 59 million and 55 million shares, respectively (6,947) (6,106)
Total Whirlpool stockholders' equity 4,036 4,846
Noncontrolling interests 173 167
Total stockholders' equity 4,209 5,013
Total liabilities and stockholders' equity $ 18,352 $ 20,285