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Operating Segment Information
 9 Months Ended
Sep. 30, 2015
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.
The tables below summarize performance by operating segment for the periods presented:
 
 
Three Months Ended September 30,
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
Latin
America
 
EMEA
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
$
2,791

 
$
751

 
$
1,452

 
$
346

 
$
(63
)
 
$
5,277

2014
 
2,792

 
1,131

 
785

 
157

 
(41
)
 
4,824

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
51

 
55

 
9

 
77

 
(192
)
 
—

2014
 
54

 
43

 
19

 
70

 
(186
)
 
—

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
64

 
13

 
47

 
15

 
26

 
165

2014
 
73

 
22

 
22

 
5

 
14

 
136

Operating profit (loss)
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
349

 
31

 
32

 
24

 
(107
)
 
329

2014
 
304

 
118

 
9

 
(8
)
 
(88
)
 
335

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2015
 
7,945

 
2,304

 
7,479

 
2,743

 
(848
)
 
19,623

December 31, 2014
 
7,736

 
2,917

 
7,597

 
2,734

 
(982
)
 
20,002

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
52

 
26

 
36

 
(9
)
 
18

 
123

2014
 
72

 
40

 
22

 
3

 
20

 
157


 
 
Nine Months Ended September 30,
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
Latin
America
 
EMEA
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
$
7,819

 
$
2,504

 
$
4,059

 
$
1,105

 
$
(156
)
 
$
15,331

2014
 
7,798

 
3,410

 
2,251

 
534

 
(124
)
 
13,869

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
170

 
157

 
34

 
205

 
(566
)
 
—

2014
 
169

 
128

 
68

 
201

 
(566
)
 
—

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
195

 
50

 
154

 
46

 
51

 
496

2014
 
194

 
66

 
59

 
16

 
62

 
397

Operating profit (loss)
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
912

 
126

 
100

 
75

 
(308
)
 
905

2014
 
817

 
328

 
18

 
1

 
(257
)
 
907

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2015
 
7,945

 
2,304

 
7,479

 
2,743

 
(848
)
 
19,623

December 31, 2014
 
7,736

 
2,917

 
7,597

 
2,734

 
(982
)
 
20,002

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
169

 
69

 
108

 
9

 
36

 
391

2014
 
187

 
102

 
70

 
10

 
53

 
422