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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
 
Three months ended
 
 
Dec. 31
 
Sept. 30
 
Jun. 30
 
Mar. 31
Millions of dollars, except per share data
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Net sales
 
$
5,656

 
$
5,560

 
$
5,248

 
$
5,277

 
$
5,198

 
$
5,208

 
$
4,616

 
$
4,846

Cost of products sold
 
4,701

 
4,558

 
4,310

 
4,347

 
4,230

 
4,303

 
3,795

 
3,993

Operating profit
 
335

 
380

 
370

 
329

 
366

 
273

 
283

 
303

Interest and sundry (income) expense
 
(16
)
 
57

 
26

 
21

 
39

 
(42
)
 
30

 
53

Net earnings
 
186

 
189

 
244

 
250

 
342

 
185

 
156

 
198

Net earnings available to Whirlpool
 
180

 
180

 
238

 
235

 
320

 
177

 
150

 
191

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Per share of common stock: (1)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic net earnings
 
$
2.40

 
$
2.31

 
$
3.14

 
$
2.98

 
$
4.20

 
$
2.24

 
$
1.94

 
$
2.42

Diluted net earnings
 
2.36

 
2.28

 
3.10

 
2.95

 
4.15

 
2.21

 
1.92

 
2.38

Dividends
 
1.00

 
0.90

 
1.00

 
0.90

 
1.00

 
0.90

 
0.90

 
0.75

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Market price range of common stock: (2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
High
 
$
185.24

 
$
167.72

 
$
194.10

 
$
186.82

 
$
193.59

 
$
202.50

 
$
180.59

 
$
217.11

Low
 
145.91

 
140.50

 
159.55

 
143.75

 
152.19

 
172.85

 
123.60

 
186.14

Close
 
181.77

 
146.87

 
162.16

 
147.26

 
166.64

 
173.05

 
180.34

 
202.06

(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.