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Segment Information
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
Our reportable segments are based upon geographical region and are defined as North America, EMEA, Latin America and Asia. These regions also represent our operating segments. Each segment manufactures home appliances and related components, but serves strategically different marketplaces. The chief operating decision maker evaluates performance based on each segment's earnings (loss) before interest and taxes (EBIT), which we define as operating profit less interest and sundry (income) expense and excluding restructuring costs, asset impairment charges and certain other items that management believes are not indicative of the region's ongoing performance, if any. 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 restructuring costs, asset impairment charges and certain other items that management believes are not indicative of the region's ongoing performance, if any. Intersegment sales are eliminated within each region.
The information in the note below has been updated to reflect the retrospective accounting change described in Note 1.
The tables below summarize performance by operating segment for the periods presented:
Three Months Ended March 31,
 OPERATING SEGMENTS
North AmericaEMEALatin AmericaAsiaOther / EliminationsTotal Whirlpool
Net sales
2021$3,044 $1,171 $732 $411 $ $5,358 
20202,540 879 618 288 — 4,325 
Intersegment sales
2021$79 $24 $310 $111 $(524)$ 
202072 20 285 63 (440)— 
Depreciation and amortization
2021$46 $46 $15 $13 $21 $141 
202047 38 16 17 17 135 
EBIT
2021$607 $21 $62 $21 $(67)$644 
2020306 (15)31 (16)(42)264 
Total assets
March 31, 2021$7,836 $10,946 $4,240 $2,658 $(5,342)20,338 
December 31, 20207,597 11,296 4,244 2,573 (5,274)20,436 
Capital expenditures
2021$31 $17 $15 $3 $7 $73 
202028 14 14 14 12 82 
The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:
Three Months Ended March 31,
in millions20212020
Items not allocated to segments:
Restructuring costs$(20)$(5)
Corporate expenses and other(47)(37)
Total other/eliminations$(67)$(42)
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 March 31,
in millions20212020
Operating profit$618 $263 
Interest and sundry (income) expense(26)(1)
Total EBIT$644 $264 
Interest expense45 42 
Income tax expense159 73 
Net earnings (loss)$440 $149 
Less: Net earnings available to noncontrolling interests7 (5)
Net earnings (loss) available to Whirlpool$433 $154