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Operating Segment Information
6 Months Ended
Jun. 30, 2016
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 June 30,
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
EMEA
 
Latin
America
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
$
2,760

 
$
1,296

 
$
826

 
$
363

 
$
(47
)
 
$
5,198

2015
 
2,687

 
1,334

 
854

 
381

 
(48
)
 
5,208

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
38

 
16

 
53

 
73

 
(180
)
 

2015
 
59

 
14

 
55

 
68

 
(196
)
 

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
69

 
42

 
18

 
17

 
18

 
164

2015
 
66

 
60

 
19

 
15

 
10

 
170

Operating profit (loss)
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
340

 
46

 
50

 
16

 
(86
)
 
366

2015
 
287

 
51

 
36

 
27

 
(128
)
 
273

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
8,033


8,531


2,585


2,797


(1,978
)
 
19,968

December 31, 2015
 
7,683


7,351


2,260


2,738


(1,022
)
 
19,010

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
41

 
27

 
24

 
9

 
20

 
121

2015
 
61

 
38

 
23

 
8

 
12

 
142

 
 
Six Months Ended June 30,
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
EMEA
 
Latin
America
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
$
5,170

 
$
2,469

 
$
1,531

 
$
734

 
$
(90
)
 
$
9,814

2015
 
5,028

 
2,607

 
1,753

 
759

 
(93
)
 
10,054

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
87

 
31

 
103

 
135

 
(356
)
 

2015
 
119

 
25

 
102

 
128

 
(374
)
 

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
134

 
89

 
34

 
33

 
42

 
332

2015
 
131

 
107

 
37

 
31

 
25

 
331

Operating profit (loss)
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
590

 
101

 
92

 
41

 
(175
)
 
649

2015
 
563

 
68

 
95

 
51

 
(201
)
 
576

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
8,033

 
8,531

 
2,585

 
2,797

 
(1,978
)
 
19,968

December 31, 2015
 
7,683

 
7,351

 
2,260

 
2,738

 
(1,022
)
 
19,010

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
71

 
45

 
43

 
15

 
32

 
206

2015
 
117

 
72

 
43

 
18

 
18

 
268