$WHR
WHIRLPOOL CORP /DE/

2012 Q2 Form 10-Q Financial Statement

#000010664012000029 Filed on July 24, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $4.510B $4.730B
YoY Change -4.65% 4.32%
Cost Of Revenue $3.782B $4.061B
YoY Change -6.87% 7.63%
Gross Profit $728.0M $669.0M
YoY Change 8.82% -12.09%
Gross Profit Margin 16.14% 14.14%
Selling, General & Admin $447.0M $425.0M
YoY Change 5.18% 5.99%
% of Gross Profit 61.4% 63.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $146.0M $145.0M
YoY Change 0.69% 4.32%
% of Gross Profit 20.05% 21.67%
Operating Expenses $447.0M $425.0M
YoY Change 5.18% 5.99%
Operating Profit $194.0M $223.0M
YoY Change -13.0% -32.63%
Interest Expense $48.00M $55.00M
YoY Change -12.73% 0.0%
% of Operating Profit 24.74% 24.66%
Other Income/Expense, Net -$22.00M -$538.0M
YoY Change -95.91% 679.71%
Pretax Income $124.0M -$370.0M
YoY Change -133.51% -278.74%
Income Tax $4.000M -$206.0M
% Of Pretax Income 3.23%
Net Earnings $113.0M -$161.0M
YoY Change -170.19% -178.54%
Net Earnings / Revenue 2.51% -3.4%
Basic Earnings Per Share $1.45 -$2.10
Diluted Earnings Per Share $1.43 -$2.10
COMMON SHARES
Basic Shares Outstanding 78.00M shares 76.80M shares
Diluted Shares Outstanding 78.80M shares 76.80M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $426.0M $845.0M
YoY Change -49.59% -0.59%
Cash & Equivalents $426.0M $845.0M
Short-Term Investments
Other Short-Term Assets $1.143B $844.0M
YoY Change 35.43% -11.44%
Inventory $2.583B $3.071B
Prepaid Expenses $676.0M $662.0M
Receivables $2.125B $2.455B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.277B $7.215B
YoY Change -13.0% 5.16%
LONG-TERM ASSETS
Property, Plant & Equipment $2.955B $3.213B
YoY Change -8.03% 8.18%
Goodwill $1.727B $1.729B
YoY Change -0.12%
Intangibles $1.738B $1.780B
YoY Change -2.36%
Long-Term Investments
YoY Change
Other Assets $232.0M $344.0M
YoY Change -32.56% -75.34%
Total Long-Term Assets $8.330B $8.699B
YoY Change -4.24% 10.52%
TOTAL ASSETS
Total Short-Term Assets $6.277B $7.215B
Total Long-Term Assets $8.330B $8.699B
Total Assets $14.61B $15.91B
YoY Change -8.21% 8.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.517B $3.827B
YoY Change -8.1% 9.37%
Accrued Expenses $672.0M $1.262B
YoY Change -46.75% -9.01%
Deferred Revenue
YoY Change
Short-Term Debt $3.000M $15.00M
YoY Change -80.0% -31.82%
Long-Term Debt Due $510.0M $363.0M
YoY Change 40.5% 17.1%
Total Short-Term Liabilities $6.060B $6.869B
YoY Change -11.78% 16.33%
LONG-TERM LIABILITIES
Long-Term Debt $1.922B $2.143B
YoY Change -10.31% -2.37%
Other Long-Term Liabilities $520.0M $626.0M
YoY Change -16.93% -77.97%
Total Long-Term Liabilities $4.229B $4.546B
YoY Change -6.97% -9.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.060B $6.869B
Total Long-Term Liabilities $4.229B $4.546B
Total Liabilities $10.29B $11.42B
YoY Change -9.86% 3.46%
SHAREHOLDERS EQUITY
Retained Earnings $5.049B $4.617B
YoY Change 9.36%
Common Stock $107.0M $106.0M
YoY Change 0.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.794B $1.822B
YoY Change -1.54%
Treasury Stock Shares 30.00M shares 30.00M shares
Shareholders Equity $4.213B $4.398B
YoY Change
Total Liabilities & Shareholders Equity $14.61B $15.91B
YoY Change -8.21% 8.02%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $113.0M -$161.0M
YoY Change -170.19% -178.54%
Depreciation, Depletion And Amortization $146.0M $145.0M
YoY Change 0.69% 4.32%
Cash From Operating Activities $68.00M -$10.00M
YoY Change -780.0% -110.1%
INVESTING ACTIVITIES
Capital Expenditures $95.00M $144.0M
YoY Change -34.03% 19.01%
Acquisitions
YoY Change
Other Investing Activities $2.000M -$14.00M
YoY Change -114.29% 180.0%
Cash From Investing Activities -$93.00M -$158.0M
YoY Change -41.14% 25.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -103.0M -29.00M
YoY Change 255.17% -90.0%
NET CHANGE
Cash From Operating Activities 68.00M -10.00M
Cash From Investing Activities -93.00M -158.0M
Cash From Financing Activities -103.0M -29.00M
Net Change In Cash -128.0M -197.0M
YoY Change -35.03% -37.85%
FREE CASH FLOW
Cash From Operating Activities $68.00M -$10.00M
Capital Expenditures $95.00M $144.0M
Free Cash Flow -$27.00M -$154.0M
YoY Change -82.47% 600.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
3517000000 USD
CY2011Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3512000000 USD
CY2012Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2125000000 USD
CY2011Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2105000000 USD
CY2012Q2 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
329000000 USD
CY2011Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
429000000 USD
CY2012Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
672000000 USD
CY2011Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
951000000 USD
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6146000000 USD
CY2012Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6101000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1226000000 USD
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1376000000 USD
CY2011Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2201000000 USD
CY2012Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2227000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
26000000 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
61000000 USD
CY2012Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
60000000 USD
CY2011Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15000000 USD
CY2012Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8000000 USD
CY2011Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3400000 shares
CY2012Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2900000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2900000 shares
CY2011Q4 us-gaap Assets
Assets
15181000000 USD
CY2012Q2 us-gaap Assets
Assets
14607000000 USD
CY2011Q4 us-gaap Assets Current
AssetsCurrent
6422000000 USD
CY2012Q2 us-gaap Assets Current
AssetsCurrent
6277000000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1109000000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
426000000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1368000000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
845000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-683000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-523000000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
17000000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.93
CY2012Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.50
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.00
CY2011Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.50
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
106000000 shares
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
107000000 shares
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
77000000 shares
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
76000000 shares
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
107000000 USD
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
106000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
55000000 USD
CY2011Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-54000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
214000000 USD
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-132000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
12000000 USD
CY2012Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
10000000 USD
CY2011Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8000000 USD
CY2012Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-127000000 USD
CY2011Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-46000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
67000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
224000000 USD
CY2011Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
4061000000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
7480000000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
7839000000 USD
CY2012Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
3782000000 USD
CY2011Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0800
CY2012Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0470
CY2011Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
248000000 USD
CY2012Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
467000000 USD
CY2012Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1678000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1893000000 USD
CY2011Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1487000000 USD
CY2012Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1372000000 USD
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
-49000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
286000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
297000000 USD
CY2012Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
146000000 USD
CY2011Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
145000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
297000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
286000000 USD
CY2012Q2 us-gaap Derivative Assets
DerivativeAssets
34000000 USD
CY2011Q4 us-gaap Derivative Assets
DerivativeAssets
39000000 USD
CY2011Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
36000000 USD
CY2012Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
33000000 USD
CY2011Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-57000000 USD
CY2012Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-55000000 USD
CY2011Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
3000000 USD
CY2012Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1000000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-11000000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
52000000 USD
CY2012Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-8000000 USD
CY2011Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
42000000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-25000000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-7000000 USD
CY2012Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-44000000 USD
CY2011Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-17000000 USD
CY2011Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
96000000 USD
CY2012Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
81000000 USD
CY2011Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
91000000 USD
CY2012Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
8000000 USD
CY2011Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
5000000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Issued but not yet effective accounting pronouncements are not expected to have a material impact on our Consolidated Financial Statements.</font></div></div>
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
84000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.45
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.64
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.60
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-6000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
46000000 USD
CY2012Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
406000000 USD
CY2011Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
365000000 USD
CY2012Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.5
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
177000000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
193000000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
1727000000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
1727000000 USD
CY2012Q2 us-gaap Gross Profit
GrossProfit
729000000 USD
CY2011Q2 us-gaap Gross Profit
GrossProfit
669000000 USD
us-gaap Gross Profit
GrossProfit
1380000000 USD
us-gaap Gross Profit
GrossProfit
1291000000 USD
CY2012Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
7000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
257000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-216000000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
124000000 USD
CY2011Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-370000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-230000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40000000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000000 USD
CY2011Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-206000000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-55000000 USD
CY2012Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-55000000 USD
CY2011Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-75000000 USD
CY2011Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-130000000 USD
CY2012Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
43000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
90000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
17000000 USD
CY2011Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
31000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
12000000 USD
CY2012Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
19000000 USD
CY2012Q2 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
133000000 USD
CY2011Q2 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
79000000 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
CY2012Q2 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
3000000 USD
us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
7000000 USD
CY2011Q2 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
28000000 USD
us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
39000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
33000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
95000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
105000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
67000000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-305000000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-57000000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
94000000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-85000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
199000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
270000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-53000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
112000000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-236000000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-131000000 USD
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1757000000 USD
CY2012Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1738000000 USD
us-gaap Interest Expense
InterestExpense
102000000 USD
us-gaap Interest Expense
InterestExpense
109000000 USD
CY2011Q2 us-gaap Interest Expense
InterestExpense
55000000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
48000000 USD
CY2011Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2016000000 USD
CY2012Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2196000000 USD
CY2012Q2 us-gaap Inventory Gross
InventoryGross
2777000000 USD
CY2011Q4 us-gaap Inventory Gross
InventoryGross
2557000000 USD
CY2011Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
203000000 USD
CY2012Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
194000000 USD
CY2011Q4 us-gaap Inventory Net
InventoryNet
2354000000 USD
CY2012Q2 us-gaap Inventory Net
InventoryNet
2583000000 USD
CY2012Q2 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
581000000 USD
CY2011Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
541000000 USD
CY2011Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
15000000 USD
CY2012Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
10000000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14607000000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
15181000000 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
6060000000 USD
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
6297000000 USD
CY2012Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4229000000 USD
CY2011Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4604000000 USD
CY2011Q3 us-gaap Litigation Settlement Gross
LitigationSettlementGross
959000000 BRL
CY2011Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
361000000 USD
CY2012Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
510000000 USD
CY2012Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2617000000 USD
CY2011Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2670000000 USD
CY2011Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2129000000 USD
CY2012Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1922000000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
99000000 USD
CY2012Q2 us-gaap Minority Interest
MinorityInterest
105000000 USD
CY2012Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
0 USD
CY2011Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
340000000 USD
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">General Information</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) for interim financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all information or footnotes required by GAAP for complete financial statements. As a result, this Form 10-Q should be read in conjunction with the Consolidated Financial Statements and accompanying Notes in the Financial Supplement of our Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2011</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management believes that the accompanying Consolidated Financial Statements reflect all adjustments, including normal recurring items, considered necessary for a fair presentation of the interim periods.</font></div></div>
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-58000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-137000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-185000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-277000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-234000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-355000000 USD
us-gaap Net Income Loss
NetIncomeLoss
205000000 USD
us-gaap Net Income Loss
NetIncomeLoss
8000000 USD
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
-161000000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
113000000 USD
CY2011Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6000000 USD
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12000000 USD
CY2011Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-538000000 USD
CY2012Q2 us-gaap Notes Payable Current
NotesPayableCurrent
3000000 USD
CY2011Q4 us-gaap Notes Payable Current
NotesPayableCurrent
1000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-557000000 USD
CY2012Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-23000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
450000000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
223000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
400000000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
195000000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
280000000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
232000000 USD
CY2011Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-6000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-7000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-9000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-23000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-42000000 USD
CY2011Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-30000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-115000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
174000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-195000000 USD
CY2011Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
68000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-150000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
29000000 USD
CY2011Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-86000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-85000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
28000000 USD
CY2012Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
623000000 USD
CY2011Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
678000000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
520000000 USD
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
558000000 USD
CY2011Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
430000000 USD
CY2012Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
415000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
31000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
71000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
77000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
0 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
7000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
187000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
259000000 USD
CY2012Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
95000000 USD
CY2011Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
144000000 USD
CY2012Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.43
CY2011Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.41
CY2012Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
676000000 USD
CY2011Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
606000000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts in the Consolidated Financial Statements have been reclassified to conform with current year presentation.</font></div></div>
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
14000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-17000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-8000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
13000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
2000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
20000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2000000 USD
CY2012Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
181000000 USD
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
191000000 USD
CY2010Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
217000000 USD
CY2011Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
197000000 USD
CY2011Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
154000000 USD
CY2012Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
148000000 USD
CY2011Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
43000000 USD
CY2012Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
33000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
147000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
186000000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-6000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
137000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
172000000 USD
us-gaap Profit Loss
ProfitLoss
217000000 USD
CY2011Q2 us-gaap Profit Loss
ProfitLoss
-164000000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
120000000 USD
us-gaap Profit Loss
ProfitLoss
14000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3102000000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2955000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
306000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
356000000 USD
us-gaap Restructuring And Related Cost Cost Incurred To Date
RestructuringAndRelatedCostCostIncurredToDate
191000000 USD
us-gaap Restructuring And Related Cost Expected Cost
RestructuringAndRelatedCostExpectedCost
500000000 USD
CY2011 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
5000 Employees
CY2012Q2 us-gaap Restructuring Charges
RestructuringCharges
79000000 USD
us-gaap Restructuring Charges
RestructuringCharges
113000000 USD
us-gaap Restructuring Charges
RestructuringCharges
22000000 USD
CY2011Q2 us-gaap Restructuring Charges
RestructuringCharges
14000000 USD
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
78000000 USD
CY2012Q2 us-gaap Restructuring Reserve
RestructuringReserve
60000000 USD
us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
0 USD
us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
68000000 USD
us-gaap Restructuring Reserve Settled Without Cash
RestructuringReserveSettledWithoutCash
63000000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4922000000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5049000000 USD
CY2011Q2 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2012Q2 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
us-gaap Sales Revenue Net
SalesRevenueNet
9130000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
8860000000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
4511000000 USD
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
4730000000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1100000 shares
CY2011Q4 us-gaap Segment Reporting Information Net Assets
SegmentReportingInformationNetAssets
15181000000 USD
CY2012Q2 us-gaap Segment Reporting Information Net Assets
SegmentReportingInformationNetAssets
14607000000 USD
CY2011Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
4730000000 USD
CY2012Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
4511000000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
8860000000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
9130000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
852000000 USD
CY2012Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
447000000 USD
CY2011Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
425000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
805000000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
4213000000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
4181000000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4280000000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4318000000 USD
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
30000000 shares
CY2012Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
30000000 shares
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1822000000 USD
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1794000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
28000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
63000000 USD
CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2011Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1400000 shares
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78800000 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78100000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77700000 shares
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76700000 shares
whr Increase Decrease In Accrued Advertising And Promotions
IncreaseDecreaseInAccruedAdvertisingAndPromotions
-121000000 USD
whr Increase Decrease In Accrued Advertising And Promotions
IncreaseDecreaseInAccruedAdvertisingAndPromotions
-97000000 USD
whr Increase Decrease In Product Recall
IncreaseDecreaseInProductRecall
0 USD
whr Increase Decrease In Product Recall
IncreaseDecreaseInProductRecall
-13000000 USD
CY2011 whr Numbeofsalariedpositionsexpectedtobeeliminated
Numbeofsalariedpositionsexpectedtobeeliminated
1200 Employees
CY2012Q2 whr Repurchase Of Notes Purchase Price Percentage Of Principle Amount
RepurchaseOfNotesPurchasePricePercentageOfPrincipleAmount
1.01
whr Settlement Of Brazilian Collection Dispute
SettlementOfBrazilianCollectionDispute
-275000000 USD
whr Settlement Of Brazilian Collection Dispute
SettlementOfBrazilianCollectionDispute
444000000 USD
CY2012Q2 dei Amendment Flag
AmendmentFlag
false
CY2012Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2012Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012Q2 dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
CY2012Q2 dei Document Type
DocumentType
10-Q
CY2012Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000106640
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
77545523 shares
CY2012Q2 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012Q2 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q2 dei Entity Public Float
EntityPublicFloat
111111111000000 USD
CY2012Q2 dei Entity Registrant Name
EntityRegistrantName
WHIRLPOOL CORP /DE/
CY2012Q2 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012Q2 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

Name View Source Status
0000106640-12-000029-index-headers.html Edgar Link pending
0000106640-12-000029-index.html Edgar Link pending
0000106640-12-000029.txt Edgar Link pending
0000106640-12-000029-xbrl.zip Edgar Link pending
exb10iii.htm Edgar Link pending
exb311-6302012x10xq.htm Edgar Link pending
exb312-6302012x10xq.htm Edgar Link pending
exb321-6302012x10xq.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
logosgrouped.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
whirlpoolcorporatelogo.jpg Edgar Link pending
whr-20120630.xml Edgar Link completed
whr-20120630.xsd Edgar Link pending
whr-20120630_cal.xml Edgar Link unprocessable
whr-20120630_def.xml Edgar Link unprocessable
whr-20120630_lab.xml Edgar Link unprocessable
whr-20120630_pre.xml Edgar Link unprocessable
whr6302012-10xq.htm Edgar Link pending