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Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2021

Property, Plant and Equipment [Abstract]

Summary of Property, Plant and Equipment

The following table summarizes our property, plant and equipment at March 31, 2021 and December 31, 2020:

Millions of dollars						March 31, 2021						December 31, 2020
Land						$	91					$	92
Buildings						1,304						1,517
Machinery and equipment						7,924						8,370
Accumulated depreciation						(6,534)						(6,780)
Property, plant and equipment, net (1)						$	2,785					$	3,199

(1)Net book value of $304 million of property, plant and equipment of Whirlpool China has been transferred to assets held for sale in the first quarter of 2021. For additional information, see Note 15 to the Consolidated Condensed Financial Statements.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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-Section S99
-Paragraph 1
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