XML 42 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Condensed Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Statement of Comprehensive Income [Abstract]        
Net sales $ 5,277 $ 4,824 $ 15,331 $ 13,869
Expenses        
Cost of products sold 4,347 3,997 12,643 11,500
Gross margin 930 827 2,688 2,369
Selling, general and administrative 529 448 1,583 1,344
Intangible amortization 18 6 55 17
Restructuring costs 54 38 145 101
Operating profit 329 335 905 907
Other income (expense)        
Interest and sundry income (expense) (21) (39) (32) (78)
Interest expense (41) (35) (124) (119)
Earnings before income taxes 267 261 749 710
Income tax expense 17 26 116 126
Net earnings 250 235 633 584
Less: Net earnings available to noncontrolling interests 15 5 30 15
Net earnings available to Whirlpool $ 235 $ 230 $ 603 $ 569
Per share of common stock        
Basic net earnings available to Whirlpool (USD per share) $ 2.98 $ 2.92 $ 7.64 $ 7.26
Diluted net earnings available to Whirlpool (USD per share) 2.95 2.88 7.54 7.16
Dividends declared (USD per share) $ 0.90 $ 0.75 $ 2.55 $ 2.125
Weighted-average shares outstanding (in millions)        
Basic (shares) 78.8 78.4 78.9 78.3
Diluted (shares) 79.7 79.6 79.9 79.4
Comprehensive income $ 45 $ 39 $ 254 $ 429