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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

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

						Three Months Ended March 31,
						OPERATING SEGMENTS
						North America						EMEA						Latin America						Asia						Other / Eliminations			Total Whirlpool
Net sales
2022						$	2,791					$	1,084					$	760					$	285					$	—		$	4,920
2021						3,044						1,171						732						411						—			5,358
Intersegment sales
2022						$	72					$	24					$	360					$	11					$	(467)		$	—
2021						79						24						310						111						(524)			—
Depreciation and amortization
2022						$	43					$	35					$	16					$	5					$	13		$	112
2021						46						46						15						13						21			141
EBIT
2022						$	454					$	(27)					$	54					$	14					$	(32)		$	463
2021						607						21						62						21						(67)			644
Total assets
March 31, 2022						$	8,071					$	9,807					$	4,851					$	1,579					$	(4,821)		$	19,487
December 31, 2021						7,980						10,210						4,716						1,565						(4,186)			20,285
Capital expenditures
2022						$	30					$	12					$	23					$	6					$	16		$	87
2021						31						17						15						3						7			73

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 millions			2022			2021
Items not allocated to segments:
Restructuring costs			$	(5)		$	(20)
Corporate expenses and other			(27)			(47)
Total other/eliminations			$	(32)		$	(67)

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 millions						2022			2021
Operating profit						$	461		$	618
Interest and sundry (income) expense						(7)			(26)
Equity method investment income (loss), net of tax						(5)			—
Total EBIT						$	463		$	644
Interest expense						41			45
Income tax expense						106			159
Net earnings (loss)						$	316		$	440
Less: Net earnings available to noncontrolling interests						3			7
Net earnings (loss) available to Whirlpool						$	313		$	433

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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=123359005&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=123359005&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=123359005&loc=d3e8906-108599

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- References

No definition available.

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