2012 Form 10-K Financial Statement

#000010664013000009 Filed on February 19, 2013

View on sec.gov

Income Statement

Concept 2012 2011 Q4 2011 Q3
Revenue $18.14B $4.910B $4.625B
YoY Change -2.8% -2.6% 2.35%
Cost Of Revenue $15.25B $4.198B $4.052B
YoY Change -5.21% -4.05% 4.68%
Gross Profit $2.893B $712.0M $573.0M
YoY Change 12.26% 6.91% -11.57%
Gross Profit Margin 15.95% 14.5% 12.39%
Selling, General & Admin $1.757B $422.0M $394.0M
YoY Change 8.39% -4.31% 0.77%
% of Gross Profit 60.73% 59.27% 68.76%
Research & Development $553.0M
YoY Change -4.33%
% of Gross Profit 19.12%
Depreciation & Amortization $551.0M $136.0M $136.0M
YoY Change -1.25% -3.55% -3.55%
% of Gross Profit 19.05% 19.1% 23.73%
Operating Expenses $2.310B $429.0M $394.0M
YoY Change 5.05% -4.24% 0.77%
Operating Profit $869.0M $205.0M $136.0M
YoY Change 9.72% -5.96% -41.88%
Interest Expense $199.0M -$76.00M $51.00M
YoY Change -6.57% 8.57% -5.56%
% of Operating Profit 22.9% -37.07% 37.5%
Other Income/Expense, Net -$112.0M -$22.00M -$27.00M
YoY Change -81.55% -74.04%
Pretax Income $558.0M $129.0M $58.00M
YoY Change -2092.86% -2.27% -23.68%
Income Tax $133.0M -$83.00M -$123.0M
% Of Pretax Income 23.84% -64.34% -212.07%
Net Earnings $401.0M $205.0M $177.0M
YoY Change 2.82% 19.88% 124.05%
Net Earnings / Revenue 2.21% 4.18% 3.83%
Basic Earnings Per Share $5.14 $2.66 $2.31
Diluted Earnings Per Share $5.06 $2.62 $2.27
COMMON SHARES
Basic Shares Outstanding 78.10M shares 76.44M shares 76.90M shares
Diluted Shares Outstanding 79.30M shares 78.10M shares

Balance Sheet

Concept 2012 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.168B $1.109B $511.0M
YoY Change 5.32% -18.93% -43.29%
Cash & Equivalents $1.168B $1.109B $511.0M
Short-Term Investments
Other Short-Term Assets $1.267B $854.0M $824.0M
YoY Change 48.36% -2.62% -10.53%
Inventory $2.354B $2.354B $2.864B
Prepaid Expenses $606.0M $599.0M
Receivables $2.038B $2.105B $2.261B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.827B $6.422B $6.460B
YoY Change 6.31% -12.21% -13.38%
LONG-TERM ASSETS
Property, Plant & Equipment $3.034B $3.102B $3.081B
YoY Change -2.19% -1.02% 0.13%
Goodwill $1.727B $1.724B
YoY Change -0.23%
Intangibles $1.757B $1.767B
YoY Change -1.79%
Long-Term Investments
YoY Change
Other Assets $2.086B $280.0M $268.0M
YoY Change -4.0% -9.68% -82.5%
Total Long-Term Assets $8.569B $8.759B $8.543B
YoY Change -2.17% 5.93% 4.94%
TOTAL ASSETS
Total Short-Term Assets $6.827B $6.422B $6.460B
Total Long-Term Assets $8.569B $8.759B $8.543B
Total Assets $15.40B $15.18B $15.00B
YoY Change 1.42% -2.59% -3.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.698B $3.512B $3.536B
YoY Change 5.3% -4.04% -4.43%
Accrued Expenses $1.631B $951.0M $971.0M
YoY Change -6.53% 41.73% -39.5%
Deferred Revenue
YoY Change
Short-Term Debt $7.000M $1.000M $17.00M
YoY Change 600.0% -50.0% 21.43%
Long-Term Debt Due $510.0M $361.0M $361.0M
YoY Change 41.27% 15.71% 16.08%
Total Short-Term Liabilities $6.510B $6.297B $6.243B
YoY Change 3.38% 2.41% -1.23%
LONG-TERM LIABILITIES
Long-Term Debt $1.944B $2.129B $2.133B
YoY Change -8.69% -3.01% -2.91%
Other Long-Term Liabilities $2.575B $558.0M $600.0M
YoY Change 4.04% -29.46% -79.67%
Total Long-Term Liabilities $4.519B $4.604B $4.423B
YoY Change -1.85% -9.99% -14.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.510B $6.297B $6.243B
Total Long-Term Liabilities $4.519B $4.604B $4.423B
Total Liabilities $11.14B $10.90B $10.67B
YoY Change 1.24% -3.22% -7.82%
SHAREHOLDERS EQUITY
Retained Earnings $4.922B $4.755B
YoY Change 5.17%
Common Stock $106.0M $106.0M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.822B $1.821B
YoY Change -0.05%
Treasury Stock Shares 30.00M shares 30.00M shares
Shareholders Equity $4.260B $4.181B $4.239B
YoY Change
Total Liabilities & Shareholders Equity $15.40B $15.18B $15.00B
YoY Change 1.42% -2.59% -3.82%

Cashflow Statement

Concept 2012 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $401.0M $205.0M $177.0M
YoY Change 2.82% 19.88% 124.05%
Depreciation, Depletion And Amortization $551.0M $136.0M $136.0M
YoY Change -1.25% -3.55% -3.55%
Cash From Operating Activities $696.0M $872.0M -$108.0M
YoY Change 31.32% 24.39% -152.17%
INVESTING ACTIVITIES
Capital Expenditures $476.0M -$191.0M $158.0M
YoY Change -21.71% -7.28% 31.67%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00 $3.000M $27.00M
YoY Change -100.0% -86.96%
Cash From Investing Activities -$494.0M -$188.0M -$131.0M
YoY Change -17.11% 2.73% -10.88%
FINANCING ACTIVITIES
Cash Dividend Paid $155.0M
YoY Change 4.73%
Common Stock Issuance & Retirement, Net -$43.00M
YoY Change 207.14%
Debt Paid & Issued, Net $361.0M
YoY Change 15.34%
Cash From Financing Activities -$148.0M -62.00M -46.00M
YoY Change -10.84% -3.13% -9.8%
NET CHANGE
Cash From Operating Activities $696.0M 872.0M -108.0M
Cash From Investing Activities -$494.0M -188.0M -131.0M
Cash From Financing Activities -$148.0M -62.00M -46.00M
Net Change In Cash $54.00M 622.0M -285.0M
YoY Change -123.28% 37.0% -3266.67%
FREE CASH FLOW
Cash From Operating Activities $696.0M $872.0M -$108.0M
Capital Expenditures $476.0M -$191.0M $158.0M
Free Cash Flow $220.0M $1.063B -$266.0M
YoY Change -382.05% 17.2% -405.75%

Facts In Submission

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149000000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
3300000000 USD
CY2012Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1636000000 USD
CY2011Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
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CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
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CY2011Q4 us-gaap Earnings Per Share Diluted
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2.62
CY2011Q2 us-gaap Earnings Per Share Diluted
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CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2010 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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11000000 USD
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2011Q4 us-gaap Employee Related Liabilities Current
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CY2012Q4 us-gaap Employee Related Liabilities Current
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520000000 USD
CY2012Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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CY2012 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
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CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
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8000000 USD
CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
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1000000 USD
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CY2011Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2010 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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62000000 USD
CY2012 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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52000000 USD
CY2012 us-gaap Defined Contribution Plan Cost Recognized
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64000000 USD
CY2011 us-gaap Defined Contribution Plan Cost Recognized
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68000000 USD
CY2010 us-gaap Defined Contribution Plan Cost Recognized
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CY2012 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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CY2012 us-gaap Depreciation
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CY2011 us-gaap Depreciation
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CY2010 us-gaap Depreciation And Amortization
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CY2012 us-gaap Depreciation And Amortization
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CY2011 us-gaap Depreciation And Amortization
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CY2010 us-gaap Depreciation Depletion And Amortization
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555000000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
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558000000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
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551000000 USD
CY2011Q4 us-gaap Derivative Assets
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39000000 USD
CY2012Q4 us-gaap Derivative Assets
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30000000 USD
CY2012Q4 us-gaap Derivative Assets Current
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26000000 USD
CY2011Q4 us-gaap Derivative Assets Current
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36000000 USD
CY2012Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
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CY2011Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
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CY2011Q4 us-gaap Derivative Assets Noncurrent
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CY2012Q4 us-gaap Derivative Assets Noncurrent
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CY2012 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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CY2011 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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80000000 USD
CY2011 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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CY2012 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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CY2011Q4 us-gaap Derivative Liabilities
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CY2012Q4 us-gaap Derivative Liabilities
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44000000 USD
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91000000 USD
CY2012Q4 us-gaap Derivative Liabilities Current
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43000000 USD
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CY2011Q4 us-gaap Derivative Liabilities Noncurrent
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18000000 USD
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CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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17000000 USD
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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193000000 USD
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196000000 USD
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CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2012 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2012, we adopted the provisions of an amendment to Accounting Standards Codification ("ASC") 220, &#8220;Comprehensive Income.&#8221; This amendment requires companies to present, in annual statements, the components of net income and other comprehensive income either as one continuous statement or as two consecutive statements. It eliminated the option to present components of other comprehensive income as part of the statement of changes in stockholders' equity. </font><font style="font-family:inherit;font-size:10pt;color:#252525;">In addition, in December 2011, the FASB issued an amendment to this accounting standard which defers the requirement to present components of reclassifications of other comprehensive income on the face of the income statement. The amendments</font><font style="font-family:inherit;font-size:10pt;"> affect only the display of information and do not change existing recognition and measurement requirements in our Consolidated Financial Statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July&#160;2012, the Financial Accounting Standards Board ("FASB") amended ASC 350, "Intangibles - Goodwill and Other." Under the amendment, an entity may assess qualitative factors to determine if it is more likely than not that the fair value of indefinite-lived intangible assets are less than their carrying amount. If that assessment indicates no impairment, the quantitative impairment test is not required. The amendment is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012, with early adoption permitted. We elected to early adopt the provisions of this amendment in 2012, which did not impact our Consolidated Financial Statements.</font></div></div>
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CY2012 us-gaap Dividends
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CY2012Q1 us-gaap Earnings Per Share Basic
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CY2011 us-gaap Earnings Per Share Diluted
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4.99
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.06
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1.43
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1.52
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CY2012Q1 us-gaap Earnings Per Share Diluted
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CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2011Q4 us-gaap Goodwill
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CY2012Q4 us-gaap Goodwill
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CY2011 us-gaap Gross Profit
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CY2012 us-gaap Gross Profit
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CY2010 us-gaap Gross Profit
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CY2012 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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113000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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558000000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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586000000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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445000000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2012 us-gaap Income Tax Expense Benefit
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133000000 USD
CY2011 us-gaap Income Tax Expense Benefit
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CY2010 us-gaap Income Tax Expense Benefit
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CY2010 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2010 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2010 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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205000000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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195000000 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense
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30000000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
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CY2010 us-gaap Income Tax Reconciliation Nondeductible Expense
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33000000 USD
CY2010 us-gaap Income Tax Reconciliation Other Adjustments
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6000000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
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6000000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
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20000000 USD
CY2010 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
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2000000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2011 us-gaap Income Tax Reconciliation Tax Credits
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379000000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits
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230000000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
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CY2010 us-gaap Income Tax Reconciliation Tax Credits Foreign
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103000000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Foreign
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CY2012 us-gaap Income Tax Reconciliation Tax Credits Foreign
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CY2011 us-gaap Income Tax Reconciliation Tax Credits Investment
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37000000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits Investment
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CY2012 us-gaap Income Tax Reconciliation Tax Credits Investment
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31000000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits Other
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CY2011 us-gaap Income Tax Reconciliation Tax Credits Other
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CY2010 us-gaap Income Tax Reconciliation Tax Credits Other
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7000000 USD
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CY2010 us-gaap Income Tax Reconciliation Tax Settlements
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CY2012 us-gaap Income Tax Reconciliation Tax Settlements
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CY2012 us-gaap Income Taxes Paid
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CY2011 us-gaap Income Taxes Paid
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136000000 USD
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25000000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
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240000000 USD
CY2010 us-gaap Increase Decrease In Accounts Payable
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CY2010 us-gaap Increase Decrease In Accrued Income Taxes Payable
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249000000 USD
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CY2011 us-gaap Increase Decrease In Inventories
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161000000 USD
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CY2012 us-gaap Increase Decrease In Pension Plan Obligations
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CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2010 us-gaap Interest Expense
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225000000 USD
CY2011 us-gaap Interest Expense
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213000000 USD
CY2012 us-gaap Interest Expense
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199000000 USD
CY2012 us-gaap Interest Paid
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197000000 USD
CY2010 us-gaap Interest Paid
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218000000 USD
CY2011 us-gaap Interest Paid
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208000000 USD
CY2011Q4 us-gaap Inventory Finished Goods
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CY2012Q4 us-gaap Inventory Finished Goods
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1948000000 USD
CY2011Q4 us-gaap Inventory Gross
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2557000000 USD
CY2012Q4 us-gaap Inventory Gross
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2544000000 USD
CY2012Q4 us-gaap Inventory Lifo Reserve
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190000000 USD
CY2011Q4 us-gaap Inventory Lifo Reserve
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203000000 USD
CY2010 us-gaap Inventory Lifo Reserve Period Charge
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4000000 USD
CY2011 us-gaap Inventory Lifo Reserve Period Charge
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54000000 USD
CY2012 us-gaap Inventory Lifo Reserve Period Charge
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CY2011Q4 us-gaap Inventory Net
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CY2012Q4 us-gaap Inventory Net
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2354000000 USD
CY2011Q4 us-gaap Inventory Work In Process And Raw Materials
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541000000 USD
CY2012Q4 us-gaap Inventory Work In Process And Raw Materials
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596000000 USD
CY2012Q4 us-gaap Investments Fair Value Disclosure
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10000000 USD
CY2011Q4 us-gaap Investments Fair Value Disclosure
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15000000 USD
CY2011 us-gaap Lease And Rental Expense
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228000000 USD
CY2010 us-gaap Lease And Rental Expense
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222000000 USD
CY2012 us-gaap Lease And Rental Expense
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229000000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
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CY2011Q4 us-gaap Liabilities And Stockholders Equity
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CY2011Q4 us-gaap Liabilities Current
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6297000000 USD
CY2012Q4 us-gaap Liabilities Current
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6510000000 USD
CY2011Q4 us-gaap Liabilities Noncurrent
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4604000000 USD
CY2012Q4 us-gaap Liabilities Noncurrent
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4519000000 USD
CY2012Q4 us-gaap Long Term Debt
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2454000000 USD
CY2011Q4 us-gaap Long Term Debt
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2490000000 USD
CY2011Q4 us-gaap Long Term Debt Current
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361000000 USD
CY2012Q4 us-gaap Long Term Debt Current
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510000000 USD
CY2012Q4 us-gaap Long Term Debt Fair Value
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;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:6px;text-align:justify;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Whirlpool Corporation, a Delaware corporation, is the world's leading manufacturer and marketer of major home appliances. We manufacture appliances in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">11</font><font style="font-family:inherit;font-size:10pt;"> countries and market products in nearly every country around the world under brand names such as </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Bauknecht, Brastemp </font><font style="font-family:inherit;font-size:10pt;">and</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Consul</font><font style="font-family:inherit;font-size:10pt;">. Whirlpool has </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">four</font><font style="font-family:inherit;font-size:10pt;"> geographic segments, which consist of North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. Our Consolidated Financial Statements include all majority-owned subsidiaries. All intercompany transactions have been eliminated upon consolidation.</font></div></div>
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CY2012 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We reclassified certain prior period amounts in our Consolidated Financial Statements to be consistent with current period presentation. The effect of these reclassifications is not material.</font></div></div>
CY2010 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
379000000 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
361000000 USD
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
313000000 USD
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
553000000 USD
CY2010 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
532000000 USD
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
578000000 USD
us-gaap Restructuring And Related Cost Cost Incurred To Date
RestructuringAndRelatedCostCostIncurredToDate
315000000 USD
CY2012 us-gaap Restructuring And Related Cost Expected Cost
RestructuringAndRelatedCostExpectedCost
500000000 USD
CY2012 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
5000 Employees
CY2012 us-gaap Restructuring Charges
RestructuringCharges
237000000 USD
CY2011 us-gaap Restructuring Charges
RestructuringCharges
136000000 USD
CY2010 us-gaap Restructuring Charges
RestructuringCharges
74000000 USD
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
4910000000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
4510000000 USD
CY2011Q1 us-gaap Sales Revenue Net
SalesRevenueNet
4401000000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
4494000000 USD
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
4348000000 USD
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
4730000000 USD
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
4625000000 USD
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
4791000000 USD
CY2010Q4 us-gaap Segment Reporting Information Net Assets
SegmentReportingInformationNetAssets
15584000000 USD
CY2011Q4 us-gaap Segment Reporting Information Net Assets
SegmentReportingInformationNetAssets
15181000000 USD
CY2012Q4 us-gaap Segment Reporting Information Net Assets
SegmentReportingInformationNetAssets
15396000000 USD
CY2011 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
18666000000 USD
CY2012 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
18143000000 USD
CY2010 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
18366000000 USD
CY2010 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1604000000 USD
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1621000000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1757000000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
-145000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
80.63
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
725000 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
87.17
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
69.32
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
82.55
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1474000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1490000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
76.91
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
64.32
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
-564000 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
17000000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
19000000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
15000000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
33.64
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.029
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.018
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.020
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.403
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.365
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.403
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.009
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.023
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.033
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1800000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1989000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
73.08
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-334000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
91.19
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
772000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.54
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
24.74
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
36.84
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3053000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3463000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
74.00
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
70.63
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
84000000 USD
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2984000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
74.05
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
10
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
50.82
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
71.08
CY2010 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2012Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
58000000 USD
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y
CY2012 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P6Y
CY2012Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0226
CY2011Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0351
CY2012 us-gaap Stock Issued1
StockIssued1
159000000 USD
CY2011 us-gaap Stock Issued1
StockIssued1
46000000 USD
CY2010 us-gaap Stock Issued1
StockIssued1
103000000 USD
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-848000 shares
CY2012 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
500000000 USD
CY2012 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
350000000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
4260000000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
4181000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4367000000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4280000000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4320000000 USD
CY2009Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3760000000 USD
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
29000000 shares
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
30000000 shares
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1777000000 USD
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1822000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
178000000 USD
CY2009Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
157000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
178000000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
190000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-1000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-1000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-5000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
74000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
78000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
30000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
17000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-4000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
13000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
16000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
83000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
10000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-6000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-9000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-1000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
62000000 USD
CY2012Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
68000000 USD
CY2012Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
206000000 USD
CY2012Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
97000000 USD
CY2012Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
183000000 USD
CY2012Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
120000000 USD
CY2012Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
180000000 USD
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are required to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. Actual results could differ materially from those estimates.</font></div></div>
CY2010Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
66000000 USD
CY2011Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
61000000 USD
CY2012Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
60000000 USD
CY2009Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
76000000 USD
CY2010 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
17000000 USD
CY2011 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
17000000 USD
CY2012 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
23000000 USD
CY2012 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2011 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2010 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2012 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-24000000 USD
CY2011 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-22000000 USD
CY2010 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-27000000 USD
CY2010 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1400000 shares
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1300000 shares
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1200000 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77600000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78100000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79300000 shares
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76200000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78100000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76800000 shares
CY2011Q4 whr Accounts Payable Outsourcing
AccountsPayableOutsourcing
1000000000 USD
CY2012Q4 whr Accounts Payable Outsourcing
AccountsPayableOutsourcing
1200000000 USD
CY2012Q4 whr Befiex Court Awarded Fees
BefiexCourtAwardedFees
56000000 USD
CY2012Q4 whr Befiex Tax Credits Export Credits Remaining
BefiexTaxCreditsExportCreditsRemaining
184000000 USD
CY2012 whr Befiextaxcreditseffectonnetsales
Befiextaxcreditseffectonnetsales
37000000 USD
CY2011 whr Befiextaxcreditseffectonnetsales
Befiextaxcreditseffectonnetsales
266000000 USD
CY2010 whr Befiextaxcreditseffectonnetsales
Befiextaxcreditseffectonnetsales
225000000 USD
CY2010 whr Brazilian Collection Dispute
BrazilianCollectionDispute
63000000 USD
CY2012 whr Brazilian Collection Dispute
BrazilianCollectionDispute
-275000000 USD
CY2011 whr Brazilian Collection Dispute
BrazilianCollectionDispute
144000000 USD
CY2011Q1 whr Closingstockpricenyse
Closingstockpricenyse
85.36
CY2011Q2 whr Closingstockpricenyse
Closingstockpricenyse
81.32
CY2011Q4 whr Closingstockpricenyse
Closingstockpricenyse
47.45
CY2011Q3 whr Closingstockpricenyse
Closingstockpricenyse
49.91
CY2012Q3 whr Closingstockpricenyse
Closingstockpricenyse
82.91
CY2012Q1 whr Closingstockpricenyse
Closingstockpricenyse
76.86
CY2012Q2 whr Closingstockpricenyse
Closingstockpricenyse
61.16
CY2012Q4 whr Closingstockpricenyse
Closingstockpricenyse
101.75
CY2012 whr Contries That Comprise Greater Than10 Of Consolidated Net Sales Or Long Lived Assets
ContriesThatCompriseGreaterThan10OfConsolidatedNetSalesOrLongLivedAssets
We conduct business in two countries, the United States and Brazil, that individually comprised over 10% of consolidated net sales or long-lived assets within the last three years.
CY2012 whr Cumulative Adjustment Equity Method Investment
CumulativeAdjustmentEquityMethodInvestment
-18000000 USD
CY2011Q4 whr Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pension
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPension
468000000 USD
CY2012Q4 whr Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pension
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPension
557000000 USD
CY2012Q4 whr Deferred Tax Liabilities Lifo
DeferredTaxLiabilitiesLifo
54000000 USD
CY2011Q4 whr Deferred Tax Liabilities Lifo
DeferredTaxLiabilitiesLifo
30000000 USD
CY2012Q4 whr Distribution Of Foreign Earnings
DistributionOfForeignEarnings
184000000 USD
CY2012 whr Fairvaluemeasurementwithunobservableinputsreconciliationrecurringbasisassetrealizedgainloss
Fairvaluemeasurementwithunobservableinputsreconciliationrecurringbasisassetrealizedgainloss
16000000 USD
CY2012 whr Fairvaluemeasurementwithunobservableinputsreconciliationrecurringbasisassetunrealizedgainloss
Fairvaluemeasurementwithunobservableinputsreconciliationrecurringbasisassetunrealizedgainloss
1000000 USD
CY2011 whr Incometaxreconciliationforeigndividendsandsubpartfincome
Incometaxreconciliationforeigndividendsandsubpartfincome
26000000 USD
CY2012 whr Incometaxreconciliationforeigndividendsandsubpartfincome
Incometaxreconciliationforeigndividendsandsubpartfincome
57000000 USD
CY2010 whr Incometaxreconciliationforeigndividendsandsubpartfincome
Incometaxreconciliationforeigndividendsandsubpartfincome
49000000 USD
CY2010 whr Incometaxreconciliationtaxcreditsforeignwithholding
Incometaxreconciliationtaxcreditsforeignwithholding
12000000 USD
CY2011 whr Incometaxreconciliationtaxcreditsforeignwithholding
Incometaxreconciliationtaxcreditsforeignwithholding
10000000 USD
CY2012 whr Incometaxreconciliationtaxcreditsforeignwithholding
Incometaxreconciliationtaxcreditsforeignwithholding
12000000 USD
CY2012 whr Increase Decrease In Accrued Advertising And Promotions
IncreaseDecreaseInAccruedAdvertisingAndPromotions
-13000000 USD
CY2010 whr Increase Decrease In Accrued Advertising And Promotions
IncreaseDecreaseInAccruedAdvertisingAndPromotions
-47000000 USD
CY2011 whr Increase Decrease In Accrued Advertising And Promotions
IncreaseDecreaseInAccruedAdvertisingAndPromotions
14000000 USD
CY2012 whr Increase Decrease In Product Recall
IncreaseDecreaseInProductRecall
0 USD
CY2011 whr Increase Decrease In Product Recall
IncreaseDecreaseInProductRecall
-15000000 USD
CY2010 whr Increase Decrease In Product Recall
IncreaseDecreaseInProductRecall
13000000 USD
CY2011Q4 whr Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1934000000 USD
CY2012Q4 whr Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1933000000 USD
CY2011Q4 whr Inventory Prepayment
InventoryPrepayment
0 USD
CY2012Q4 whr Inventory Prepayment
InventoryPrepayment
307000000 USD
CY2012 whr Nonemployee Director Equity Award
NonemployeeDirectorEquityAward
110000 USD
CY2012 whr Nonemployee Director One Time Shares Granted
NonemployeeDirectorOneTimeSharesGranted
1000 shares
CY2012 whr Numbeofsalariedpositionsexpectedtobeeliminated
Numbeofsalariedpositionsexpectedtobeeliminated
1200 Employees
CY2012Q4 whr Operating Loss Carryforward Not Subject To Expiration
OperatingLossCarryforwardNotSubjectToExpiration
1000000000 USD
CY2010 whr Other Comprehensive Income Amortization Pension And Other Post Retirement Benefit Plans Prior Service Cost And Actuarial Loss Before Tax
OtherComprehensiveIncomeAmortizationPensionAndOtherPostRetirementBenefitPlansPriorServiceCostAndActuarialLossBeforeTax
61000000 USD
CY2012 whr Other Comprehensive Income Amortization Pension And Other Post Retirement Benefit Plans Prior Service Cost And Actuarial Loss Before Tax
OtherComprehensiveIncomeAmortizationPensionAndOtherPostRetirementBenefitPlansPriorServiceCostAndActuarialLossBeforeTax
38000000 USD
CY2011 whr Other Comprehensive Income Amortization Pension And Other Post Retirement Benefit Plans Prior Service Cost And Actuarial Loss Before Tax
OtherComprehensiveIncomeAmortizationPensionAndOtherPostRetirementBenefitPlansPriorServiceCostAndActuarialLossBeforeTax
42000000 USD
CY2012Q4 whr Outstanding Befiex Tax Assement
OutstandingBefiexTaxAssement
1200000000 BRL
CY2012Q4 whr Outstanding Befiex Tax Assement
OutstandingBefiexTaxAssement
590000000 USD
CY2010 whr Product Recall Total Expected Costs
ProductRecallTotalExpectedCosts
75000000 USD
CY2011 whr Product Recall Total Expected Costs
ProductRecallTotalExpectedCosts
66000000 USD
CY2009 whr Purchaseofnoncontrollinginterestpercentage
Purchaseofnoncontrollinginterestpercentage
0.018
CY2012Q4 whr Stockpricerangehigh
Stockpricerangehigh
104.21
CY2012Q2 whr Stockpricerangehigh
Stockpricerangehigh
77.04
CY2011Q2 whr Stockpricerangehigh
Stockpricerangehigh
92.00
CY2011Q3 whr Stockpricerangehigh
Stockpricerangehigh
82.99
CY2011Q4 whr Stockpricerangehigh
Stockpricerangehigh
62.00
CY2012Q1 whr Stockpricerangehigh
Stockpricerangehigh
79.39
CY2011Q1 whr Stockpricerangehigh
Stockpricerangehigh
92.28
CY2012Q3 whr Stockpricerangehigh
Stockpricerangehigh
86.47
CY2011Q3 whr Stockpricerangelow
Stockpricerangelow
47.35
CY2012Q2 whr Stockpricerangelow
Stockpricerangelow
54.08
CY2012Q1 whr Stockpricerangelow
Stockpricerangelow
47.72
CY2011Q4 whr Stockpricerangelow
Stockpricerangelow
45.22
CY2011Q1 whr Stockpricerangelow
Stockpricerangelow
79.15
CY2012Q3 whr Stockpricerangelow
Stockpricerangelow
59.85
CY2011Q2 whr Stockpricerangelow
Stockpricerangelow
72.48
CY2012Q4 whr Stockpricerangelow
Stockpricerangelow
82.35
CY2012 whr Unrealized Gain
UnrealizedGain
-19000000 USD
CY2010 whr Unrealized Gain
UnrealizedGain
-46000000 USD
CY2011 whr Unrealized Gain
UnrealizedGain
-232000000 USD
CY2010 whr Unrecognizedtaxbenefitsincreasesresultingfrompriorperiodtaxpositionstransferpricingandexportprofits
Unrecognizedtaxbenefitsincreasesresultingfrompriorperiodtaxpositionstransferpricingandexportprofits
43000000 USD
CY2012 whr Unrecognizedtaxbenefitsreductionsresultingfromchangesinjudgment
Unrecognizedtaxbenefitsreductionsresultingfromchangesinjudgment
-15000000 USD
CY2011 whr Unrecognizedtaxbenefitsreductionsresultingfromchangesinjudgment
Unrecognizedtaxbenefitsreductionsresultingfromchangesinjudgment
-24000000 USD
CY2010 whr Unrecognizedtaxbenefitsreductionsresultingfromchangesinjudgment
Unrecognizedtaxbenefitsreductionsresultingfromchangesinjudgment
-50000000 USD
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0000106640
CY2013Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
78542864 shares
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q2 dei Entity Public Float
EntityPublicFloat
4705058995 USD
CY2012 dei Entity Registrant Name
EntityRegistrantName
WHIRLPOOL CORP /DE/
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000106640-13-000009-index-headers.html Edgar Link pending
0000106640-13-000009-index.html Edgar Link pending
0000106640-13-000009.txt Edgar Link pending
0000106640-13-000009-xbrl.zip Edgar Link pending
exb12ratioofearningstofixe.htm Edgar Link pending
exb21listofsubsidiaries123.htm Edgar Link pending
exb23consentofindependentr.htm Edgar Link pending
exb24powerofattorney123112.htm Edgar Link pending
exb31a-12312012x10xk.htm Edgar Link pending
exb31b-12312012x10xk.htm Edgar Link pending
exb32-12312012x10xk.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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report.css Edgar Link pending
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whirlpoollogo.jpg Edgar Link pending
whr-20121231.xml Edgar Link completed
whr-20121231.xsd Edgar Link pending
whr-20121231_cal.xml Edgar Link unprocessable
whr-20121231_def.xml Edgar Link unprocessable
whr-20121231_lab.xml Edgar Link unprocessable
whr-20121231_pre.xml Edgar Link unprocessable
whr12312012-10xk.htm Edgar Link pending