XML 34 R17.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Operating Segment Information | 6 Months Ended
--- | ---
Jun. 30, 2017
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 or decision making group evaluates performance based upon each segment’s operating income, which is defined as income before interest and sundry (income) expense, interest expense, income taxes, and noncontrolling interests. 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 corporate 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 |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | $ | 2,986 |  |  | $ | 1,200 |  |  | $ | 848 |  |  | $ | 358 |  |  | $ | (45 | ) |  | $ | 5,347 |
2016 |  | 2,760 |  |  | 1,296 |  |  | 826 |  |  | 363 |  |  | (47 | ) |  | 5,198 |
Intersegment sales |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 40 |  |  | 25 |  |  | 48 |  |  | 77 |  |  | (190 | ) |  | — |
2016 |  | 38 |  |  | 16 |  |  | 53 |  |  | 73 |  |  | (180 | ) |  | — |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 65 |  |  | 41 |  |  | 22 |  |  | 14 |  |  | 14 |  |  | 156 |
2016 |  | 69 |  |  | 42 |  |  | 18 |  |  | 17 |  |  | 18 |  |  | 164 |
Operating profit (loss) |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 354 |  |  | — |  |  | 59 |  |  | (32 | ) |  | (107 | ) |  | 274 |
2016 |  | 340 |  |  | 46 |  |  | 50 |  |  | 16 |  |  | (84 | ) |  | 368 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2017 |  | 8,222 |  |  | 7,583 |  |  | 2,787 |  |  | 2,924 |  |  | (1,310 | ) | (a) | 20,206 |
December 31, 2016 |  | 8,009 |  |  | 7,497 |  |  | 2,601 |  |  | 2,788 |  |  | (1,742 | ) | (a) | 19,153 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 38 |  |  | 23 |  |  | 28 |  |  | 24 |  |  | 9 |  |  | 122 |
2016 |  | 41 |  |  | 27 |  |  | 24 |  |  | 9 |  |  | 20 |  |  | 121 |
|  | Six Months Ended June 30,
|  | OPERATING SEGMENTS
Millions of dollars |  | North America |  | EMEA |  | Latin America |  | Asia |  | Other/ Eliminations |  | Total Whirlpool
Net sales |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 5,551 |  |  | 2,233 |  |  | 1,666 |  |  | 777 |  |  | (94 | ) |  | 10,133 |
2016 |  | 5,170 |  |  | 2,469 |  |  | 1,531 |  |  | 734 |  |  | (90 | ) |  | 9,814 |
Intersegment sales |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 91 |  |  | 44 |  |  | 97 |  |  | 138 |  |  | (370 | ) |  | — |
2016 |  | 87 |  |  | 31 |  |  | 103 |  |  | 135 |  |  | (356 | ) |  | — |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 129 |  |  | 89 |  |  | 42 |  |  | 31 |  |  | 28 |  |  | 319 |
2016 |  | 134 |  |  | 89 |  |  | 34 |  |  | 33 |  |  | 42 |  |  | 332 |
Operating profit (loss) |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 641 |  |  | (17 | ) |  | 127 |  |  | (9 | ) |  | (204 | ) |  | 538 |
2016 |  | 590 |  |  | 101 |  |  | 93 |  |  | 41 |  |  | (172 | ) |  | 653 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2017 |  | 8,222 |  |  | 7,583 |  |  | 2,787 |  |  | 2,924 |  |  | (1,310 | ) | (a) | 20,206 |
December 31, 2016 |  | 8,009 |  |  | 7,497 |  |  | 2,601 |  |  | 2,788 |  |  | (1,742 | ) | (a) | 19,153 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 76 |  |  | 36 |  |  | 48 |  |  | 33 |  |  | 17 |  |  | 210 |
2016 |  | 71 |  |  | 45 |  |  | 43 |  |  | 15 |  |  | 32 |  |  | 206 |
(a) Includes eliminations of intersegment transactions occurring in the ordinary course of business.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration