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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
 
 
Three months ended
 
 
Dec. 31
 
Sept. 30
 
Jun. 30
 
Mar. 31
Millions of dollars, except per share data
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Net sales
 
$
5,560

 
$
6,003

 
$
5,277

 
$
4,824

 
$
5,208

 
$
4,682

 
$
4,846

 
$
4,363

Cost of products sold
 
4,558

 
4,977

 
4,347

 
3,997

 
4,303

 
3,895

 
3,993

 
3,608

Operating profit
 
380

 
281

 
329

 
335

 
273

 
291

 
303

 
281

Interest and sundry income (expense)
 
(57
)
 
(64
)
 
(21
)
 
(39
)
 
42

 
(16
)
 
(53
)
 
(23
)
Net earnings
 
189

 
108

 
250

 
235

 
185

 
185

 
198

 
164

Net earnings available to Whirlpool
 
180

 
81

 
235

 
230

 
177

 
179

 
191

 
160

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Per share of common stock: (1)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic net earnings
 
$
2.31

 
$
1.04

 
$
2.98

 
$
2.92

 
$
2.24

 
$
2.29

 
$
2.42

 
$
2.06

Diluted net earnings
 
2.28

 
1.02

 
2.95

 
2.88

 
2.21

 
2.25

 
2.38

 
2.02

Dividends
 
0.90

 
0.75

 
0.90

 
0.75

 
0.90

 
0.75

 
0.75

 
0.625

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Market price range of common stock: (2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
High
 
$
167.72

 
$
196.71

 
$
186.82

 
$
156.13

 
$
202.50

 
$
156.71

 
$
217.11

 
$
160.01

Low
 
140.50

 
139.85

 
143.75

 
135.37

 
172.85

 
136.64

 
186.14

 
124.39

Close
 
146.87

 
193.74

 
147.26

 
145.65

 
173.05

 
139.22

 
202.06

 
149.46

(1)     The quarterly earnings per share amounts will not necessarily add to the earnings per share computed for the year due to the method used in calculating per share data
(2)    Composite price as reported by the New York Stock Exchange