Whirlpool 2004 Annual Report Download - page 31

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27
December 31 (millions of dollars) 2004 2003
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Notes payable $ 244 $ 260
Accounts payable 2,297 1,944
Employee compensation 300 303
Deferred income taxes 57 48
Accrued expenses 811 701
Restructuring costs 13 45
Income taxes 110 95
Other current liabilities 146 174
Current maturities of long-term debt 7 19
Total Current Liabilities 3,985 3,589
Other liabilities
Deferred income taxes 240 236
Pension benefits 367 298
Postemployment benefits 499 489
Other liabilities 256 251
Long-term debt 1,160 1,134
2,522 2,408
Minority interests 68 63
Stockholders’ equity
Common stock, $1 par value: 90 88
Shares authorized - 250 million
Shares issued - 90 million (2004); 89 million (2003)
Shares outstanding - 67 million (2004); 69 million (2003)
Paid-in capital 737 659
Retained earnings 2,596 2,276
Accumulated other comprehensive loss (601) (757)
Treasury stock - 23 million shares (2004); 20 million shares (2003) (1,216) (965)
Total Stockholders' Equity 1,606 1,301
Total Liabilities and Stockholders' Equity $ 8,181 $7,361