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Consolidated Balance Sheets (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Current assets    
Cash and equivalents $ 845 $ 1,368
Accounts receivable, net of allowance of $72 and $66, respectively 2,455 2,278
Inventories 3,071 2,792
Deferred income taxes 182 204
Prepaid and other current assets 662 673
Total current assets 7,215 7,315
Property, net of accumulated depreciation of $6,989 and $6,660, respectively 3,213 3,134
Goodwill 1,729 1,731
Other intangibles, net of accumulated amortization of $163 and $146, respectively 1,780 1,789
Deferred income taxes 1,633 1,305
Other noncurrent assets 344 310
Total assets 15,914 15,584
Current liabilities    
Accounts payable 3,827 3,660
Accrued expenses 1,262 671
Accrued advertising and promotions 312 426
Employee compensation 386 467
Notes payable 15 2
Current maturities of long-term debt 363 312
Other current liabilities 704 611
Total current liabilities 6,869 6,149
Noncurrent liabilities    
Long-term debt 2,143 2,195
Pension benefits 1,312 1,519
Postretirement benefits 465 610
Other noncurrent liabilities 626 791
Total noncurrent liabilities 4,546 5,115
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 106 million shares issued and 76 million shares outstanding 106 106
Additional paid-in capital 2,184 2,156
Retained earnings 4,617 4,680
Accumulated other comprehensive loss (687) (893)
Treasury stock, 30 million shares (1,822) (1,823)
Total Whirlpool stockholders' equity 4,398 4,226
Noncontrolling interests 101 94
Total stockholders' equity 4,499 4,320
Total liabilities and stockholders' equity $ 15,914 $ 15,584