XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Comprehensive Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net sales $ 4,824 $ 4,683 $ 13,869 $ 13,679
Expenses        
Cost of products sold 3,997 3,837 11,500 11,290
Gross margin 827 846 2,369 2,389
Selling, general and administrative 448 460 1,344 1,334
Intangible amortization 6 5 17 19
Restructuring costs 38 68 101 141
Operating profit 335 313 907 895
Other income (expense)        
Interest and sundry income (expense) (39) (16) (78) (73)
Interest expense (35) (43) (119) (133)
Earnings before income taxes 261 254 710 689
Income tax expense 26 55 126 27
Net earnings 235 199 584 662
Less: Net earnings available to noncontrolling interests 5 3 15 16
Net earnings available to Whirlpool 230 196 569 646
Per share of common stock        
Basic net earnings available to Whirlpool $ 2.92 $ 2.46 $ 7.26 $ 8.11
Diluted net earnings available to Whirlpool $ 2.88 $ 2.42 $ 7.16 $ 7.97
Dividends declared $ 0.75 $ 0.625 $ 2.125 $ 1.75
Weighted-average shares outstanding (in millions)        
Basic 78.4 79.7 78.3 79.6
Diluted 79.6 81.0 79.4 81.0
Comprehensive income        
Comprehensive income $ 39 $ 271 $ 429 $ 612