XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Condensed Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Statement of Comprehensive Income [Abstract]        
Net sales $ 5,198 $ 5,208 $ 9,814 $ 10,054
Expenses        
Cost of products sold 4,230 4,303 8,025 8,296
Gross margin 968 905 1,789 1,758
Selling, general and administrative 544 556 1,017 1,054
Intangible amortization 18 18 36 37
Restructuring costs 40 58 87 91
Operating profit 366 273 649 576
Other income (expense)        
Interest and sundry income (expense) (39) 42 (69) (11)
Interest expense (41) (40) (79) (83)
Earnings before income taxes 286 275 501 482
Income tax (benefit) expense (56) 90 3 99
Net earnings 342 185 498 383
Less: Net earnings available to noncontrolling interests 22 8 28 15
Net earnings available to Whirlpool $ 320 $ 177 $ 470 $ 368
Per share of common stock        
Basic net earnings available to Whirlpool (USD per share) $ 4.20 $ 2.24 $ 6.13 $ 4.66
Diluted net earnings available to Whirlpool (USD per share) 4.15 2.21 6.06 4.60
Dividends declared (USD per share) $ 1.00 $ 0.90 $ 1.90 $ 1.65
Weighted-average shares outstanding (in millions)        
Basic (in shares) 76.2 79.1 76.7 78.9
Diluted (in shares) 77.1 80.0 77.6 80.0
Comprehensive income $ 299 $ 222 $ 611 $ 209