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Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Information

The tables below summarize performance by operating segment for the periods presented:

		Three Months Ended September 30,
		OPERATING SEGMENTS
Millions of dollars		North America				EMEA				Latin America				Asia				Other/ Eliminations			Total Whirlpool
Net sales
2019		$	3,010			$	1,090			$	632			$	358			$	1		$	5,091
2018		2,994				1,134				878				339				(19		)	5,326
Intersegment sales
2019		70				20				331				87				(508		)	—
2018		66				19				371				100				(556		)	—
Depreciation and amortization
2019		$	45			$	46			$	17			$	17			$	16		$	141
2018		46				44				29				17				16			152
EBIT
2019		387				(4		)		29				9				301			722
2018		360				(39		)		61				13				(120		)	275
Total assets
September 30, 2019		$	8,004			$	9,345			$	4,062			$	2,524			$	(5,529	)	$	18,406
December 31, 2018		7,161				7,299				4,745				2,636				(3,494		)	18,347
Capital expenditures
2019		35				24				23				17				10			109
2018		46				36				24				16				14			136

		Nine Months Ended September 30,
		OPERATING SEGMENTS
Millions of dollars		North America				EMEA				Latin America				Asia				Other/ Eliminations			Total Whirlpool
Net sales
2019		$	8,403			$	3,126			$	2,395			$	1,159			$	(46	)	$	15,037
2018		8,292				3,298				2,628				1,215				(56		)	15,377
Intersegment sales
2019		181				63				1,010				258				(1,512		)	—
2018		203				83				998				259				(1,543		)	—
Depreciation and amortization
2019		$	149			$	147			$	48			$	51			$	48		$	443
2018		142				158				93				51				47			491
EBIT
2019		1,052				(41		)		130				31				197			1,369
2018		979				(91		)		151				75				(1,250		)	(136		)
Total assets
September 30, 2019		$	8,004			$	9,345			$	4,062			$	2,524			$	(5,529	)	$	18,406
December 31, 2018		7,161				7,299				4,745				2,636				(3,494		)	18,347
Capital expenditures
2019		113				51				68				46				28			306
2018		110				76				55				43				46			330

The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:

	Three Months Ended September 30,							Nine Months Ended September 30,
in millions	2019			2018				2019			2018
Items not allocated to segments:
Restructuring costs	$	(56	)	$	(28	)		$	(142	)	$	(216	)
Brazil indirect tax credit	—			—				180			—
Product warranty and liability expense	(119		)	—				(131		)	—
(Gain) loss on sale and disposal of businesses	516			—				437			—
French antitrust settlement	—			—				—			(114		)
Impairment of goodwill and intangibles	—			—				—			(747		)
Trade customer insolvency	—			(29		)		—			(29		)
Corporate expenses and other	(40		)	(63		)		(147		)	(144		)
Total other/eliminations	$	301		$	(120	)		$	197		$	(1,250	)

A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Condensed Statements of Comprehensive Income (Loss) is shown in the table below for the periods presented:

		Three Months Ended September 30,							Nine Months Ended September 30,
in millions		2019			2018				2019			2018
Operating profit		$	693		$	299			$	1,147		$	(30	)
Interest and sundry (income) expense		(29		)	24				(222		)	106
Total EBIT		$	722		$	275			$	1,369		$	(136	)
Interest expense		45			52				148			141
Income tax expense		313			7				311			52
Net earnings (loss)		$	364		$	216			$	910		$	(329	)
Less: Net earnings available to noncontrolling interests		6			6				14			24
Net earnings (loss) available to Whirlpool		$	358		$	210			$	896		$	(353	)

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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