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Consolidated Balance Sheets

(Millions of dollars)
At December 31, 2016 2015
Assets    
Current assets    
Cash and cash equivalents 1,085 772
Accounts receivable, net of allowance of $185 and $160, respectively 2,711 2,530
Inventories 2,623 2,619
Prepaid and other current assets 920 953
Total current assets 7,339 6,874
Property, net of accumulated depreciation of $6,055 and $5,953, respectively 3,810 3,774
Goodwill 2,956 3,006
Other intangibles, net of accumulated amortization of $387 and $327, respectively 2,552 2,678
Deferred income taxes 2,154 2,301
Other noncurrent assets 342 377
Total assets 19,153 19,010
Liabilities and stockholders’ equity    
Current liabilities    
Accounts payable 4,416 4,403
Accrued expenses 649 675
Accrued advertising and promotions 742 706
Employee compensation 390 452
Notes payable 34 20
Current maturities of long-term debt 560 508
Other current liabilities 871 980
Total current liabilities 7,662 7,744
Noncurrent liabilities    
Long-term debt 3,876 3,470
Pension benefits 1,074 1,025
Postretirement benefits 334 390
Other noncurrent liabilities 479 707
Total noncurrent liabilities 5,763 5,592
Stockholders’ equity    
Common stock, $1 par value, 250 million shares authorized, 111 million shares issued, and 74 million and 77 million shares outstanding, respectively 111 111
Additional paid-in capital 2,672 2,641
Retained earnings 7,314 6,722
Accumulated other comprehensive loss (2,400) (2,332)
Treasury stock, 37 million and 33 million shares, respectively (2,924) (2,399)
Total Whirlpool stockholders’ equity 4,773 4,743
Noncontrolling interests 955 931
Total stockholders’ equity 5,728 5,674
Total liabilities and stockholders’ equity 19,153 19,010