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Operating Segment Information
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Operating Segment Information
OPERATING SEGMENT INFORMATION
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated on a regular basis by the chief operating decision maker, or decision making group, in deciding how to allocate resources to an individual segment and in assessing performance.
We identify such segments based upon geographical regions of operations because each operating segment manufactures home appliances and related components, but serves strategically different markets. The chief operating decision maker evaluates performance based upon each segment’s operating income, which is defined as income before interest and sundry income (expense), interest expense, income taxes, noncontrolling interests, intangible asset impairment and restructuring costs. Total assets by segment are those assets directly associated with the respective operating activities. The “Other/Eliminations” column primarily includes corporate expenses, assets and eliminations, as well as restructuring costs and intangible asset impairments, if any. Intersegment sales are eliminated within each region except compressor sales out of Latin America, which are included in Other/Eliminations.
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. The following table summarizes net sales and long-lived assets by geographic area:
 
Millions of dollars                                                                                 
 
United States
 
Brazil
 
All Other
Countries
 
Total
2013:
 
 
 
 
 
 
 
 
Sales to external customers
 
$
8,577


$
3,295


$
6,897


$
18,769

Long-lived assets
 
4,461


335


1,671


6,467

2012:
 
 
 
 
 
 
 
 
Sales to external customers
 
$
8,005


$
3,337


$
6,801


$
18,143

Long-lived assets
 
4,412


377


1,694


6,483

2011:
 
 
 
 
 
 
 
 
Sales to external customers
 
$
8,035


$
3,343


$
7,288


$
18,666

Long-lived assets
 
4,464


405


1,717


6,586



As described above, our chief operating decision maker reviews each operating segment’s performance based upon operating income which excludes restructuring costs and intangible asset impairment, if any. Intangible asset impairment and restructuring costs are included in operating profit on a consolidated basis and included in the Other/Eliminations column in the table below:
 
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
Latin
America
 
EMEA
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
$
10,178


$
4,928


$
3,024


$
807


$
(168
)

$
18,769

2012
 
9,631


4,950


2,874


847


(159
)

18,143

2011
 
9,582

 
5,062

 
3,305

 
881

 
(164
)
 
18,666

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
$
256


$
174


$
79


$
257


$
(766
)

$

2012
 
262


171


104


226


(763
)


2011
 
216

 
187

 
167

 
217

 
(787
)
 

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
$
238


$
91


$
95


$
18


$
98


$
540

2012
 
260


97


93


18


83


551

2011
 
280

 
101

 
107

 
21

 
49

 
558

Operating profit (loss)
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
$
1,070


$
557


$
(4
)

$
34


$
(408
)

$
1,249

2012
 
846


476


(51
)

37


(439
)

869

2011
 
398

 
642

 
1

 
30

 
(279
)
 
792

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
$
7,785

 
$
3,380

 
$
2,955

 
$
921

 
$
503

 
$
15,544

2012
 
7,766

 
3,845

 
2,956

 
802

 
27

 
15,396

2011
 
7,894

 
3,620

 
2,839

 
797

 
31

 
15,181

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
$
254


$
108


$
101


$
25


$
90


$
578

2012
 
219


100


88


24


45


476

2011
 
316

 
112

 
103

 
27

 
50

 
608