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Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

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
						North America						EMEA						Latin America						Asia						Other / Eliminations			Total Whirlpool
Net sales
2020						$	2,961					$	1,258					$	719					$	353					$	—		$	5,291
2019						3,010						1,090						632						358						1			5,091
Intersegment sales
2020						$	84					$	31					$	344					$	117					$	(576)		$	—
2019						70						20						331						87						(508)			—
Depreciation and amortization
2020						$	53					$	42					$	16					$	19					$	16		$	146
2019						45						46						17						17						16			141
EBIT
2020						$	567					$	43					$	77					$	6					$	(101)		$	592
2019						387						(4)						29						9						301			722
Total assets
September 30, 2020						$	7,571					$	11,096					$	3,928					$	2,433					$	(4,669)		$	20,359
December 31, 2019						7,791						9,450						4,226						2,581						(5,167)			18,881
Capital expenditures
2020						$	34					$	29					$	12					$	10					$	11		$	96
2019						35						24						23						17						10			109

						Nine Months Ended September 30,
						OPERATING SEGMENTS
						North America						EMEA						Latin America						Asia						Other / Eliminations			Total Whirlpool
Net sales
2020						$	8,002					$	2,973					$	1,771					$	912					$	—		$	13,658
2019						8,403						3,126						2,395						1,159						(46)			15,037
Intersegment sales
2020						$	203					$	70					$	894					$	275					$	(1,442)		$	—
2019						181						63						1,010						258						(1,512)			—
Depreciation and amortization
2020						$	143					$	123					$	47					$	52					$	49		$	414
2019						149						147						48						51						48			443
EBIT
2020						$	1,186					$	(38)					$	119					$	(28)					$	(294)		$	945
2019						1,052						(41)						130						31						197			1,369
Total assets
September 30, 2020						$	7,571					$	11,096					$	3,928					$	2,433					$	(4,669)		$	20,359
December 31, 2019						7,791						9,450						4,226						2,581						(5,167)			18,881
Capital expenditures
2020						$	87					$	61					$	38					$	33					$	32		$	251
2019						113						51						68						46						28			306

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			2020			2019						2020			2019
Items not allocated to segments:
Restructuring costs			$	(63)		$	(56)					$	(186)		$	(142)
Corrective action recovery			13			—						13			—
Brazil indirect tax credit			—			—						—			180
Legacy product warranty and liability expense			—			(119)						—			(131)
Gain (loss) on disposal of businesses			7			516						7			437
Corporate expenses and other			(58)			(40)						(128)			(147)
Total other/eliminations			$	(101)		$	301					$	(294)		$	197

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						2020			2019						2020			2019
Operating profit						$	570		$	693					$	907		$	1,147
Interest and sundry (income) expense						(22)			(29)						(38)			(222)
Total EBIT						$	592		$	722					$	945		$	1,369
Interest expense						51			45						142			148
Income tax expense						143			313						233			311
Net earnings (loss)						$	398		$	364					$	570		$	910
Less: Net earnings available to noncontrolling interests						1			6						(14)			14
Net earnings (loss) available to Whirlpool						$	397		$	358					$	584		$	896

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- 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=120311839&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=120311839&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=121556970&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 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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