XML 28 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Comprehensive Income [Abstract]    
Net sales $ 4,920 $ 5,358
Expenses    
Cost of products sold 4,069 4,210
Gross margin 851 1,148
Selling, general and administrative 376 493
Intangible amortization 9 17
Restructuring costs 5 20
Operating profit 461 618
Other (income) expense    
Interest and sundry (income) expense (7) (26)
Interest expense 41 45
Earnings before income taxes 427 599
Income tax expense (benefit) 106 159
Equity method investment income (loss), net of tax (5) 0
Net earnings 316 440
Less: Net earnings (loss) available to noncontrolling interests 3 7
Net earnings available to Whirlpool $ 313 $ 433
Per share of common stock    
Basic net earnings available to Whirlpool (in USD per share) $ 5.37 $ 6.87
Diluted net earnings available to Whirlpool (in USD per share) 5.33 6.81
Dividends declared (in USD per share) $ 1.75 $ 1.25
Weighted-average shares outstanding (in millions)    
Basic (in shares) 58.3 63.0
Diluted (in shares) 58.7 63.6
Comprehensive income $ 374 $ 564