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STOCKHOLDERS' EQUITY
 9 Months Ended
Sep. 30, 2022
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
The following table summarizes the changes in stockholders' equity for the periods presented:
  Whirlpool Stockholders' Equity 
 TotalRetained
Earnings		Accumulated Other Comprehensive Income (Loss)Treasury Stock / Additional Paid-In-CapitalCommon
Stock		Non-Controlling Interest
Balances, December 31, 2021$5,013 $10,170 $(2,357)$(3,081)$114 $167 
Comprehensive income (loss)
Net earnings (loss)316 313 — — 3 
Other comprehensive income 58 — 58 — — — 
Comprehensive income (loss)374 313 58 — — 3 
Stock issued (repurchased)(539)— — (539)— — 
Dividends declared(103)(103)— — — — 
Balances, March 31, 20224,745 10,380 (2,299)(3,620)114 170 
Comprehensive income (loss)
Net earnings (loss)(368)(371)— — — 3 
Other comprehensive income 209 — 209 — — 
Comprehensive income (loss)(159)(371)209 — — 3 
Stock issued (repurchased)(280)— — (280)— 
Dividends declared(97)(97)— — — — 
Balances, June 30, 2022$4,209 $9,912 $(2,090)$(3,900)$114 $173 
Comprehensive income
Net earnings (loss)145 143 — — — 2 
Other comprehensive income 151 — 151 — — — 
Comprehensive income296 143 151 — — 2 
Stock issued (repurchased)(57)— — (57)— — 
Dividends declared(97)(95)— — — (2)
Balances, September 30, 2022$4,351 $9,960 $(1,939)$(3,957)$114 $173 
  Whirlpool Stockholders' Equity 
 TotalRetained
Earnings		Accumulated Other Comprehensive Income (Loss)Treasury Stock / Additional Paid-In-CapitalCommon
Stock		Non-Controlling Interest
Balances, December 31, 2020$4,795 $8,725 $(2,811)$(2,142)$113 $910 
Comprehensive income (loss)
Net earnings (loss)440 433 — — — 7 
Other comprehensive income124 — 124 — — — 
Comprehensive income (loss)564 433 124 — — 7 
Stock issued (repurchased)(141)— — (141)— — 
Dividends declared(79)(79)— — — — 
Balances, March 31, 2021$5,139 $9,079 $(2,687)$(2,283)$113 $917 
Comprehensive income (loss)
Net earnings (loss)580 581 — — — (1)
Other comprehensive income229 — 228 — — 1 
Comprehensive income (loss)809 581 228 — — — 
Stock issued (repurchased)8 — — 7 1 — 
Dividends declared(88)(88)— — — — 
Divestitures(783)— — — — (783)
Balances, June 30, 2021$5,085 $9,572 $(2,459)$(2,276)$114 $134 
Comprehensive income
Net earnings486 471 — — — 15 
Other comprehensive income46 — 47 — — (1)
Comprehensive income532 471 47 — — 14 
Stock issued (repurchased)(419)— — (419)— — 
Dividends declared(88)(86)— — — (2)
Acquisitions$19 $— $— $— $— $19 
Balances, September 30, 2021$5,129 $9,957 $(2,412)$(2,695)$114 $165 
Other Comprehensive Income (Loss)
The following table summarizes our other comprehensive income (loss) and related tax effects for the periods presented:
Three Months Ended September 30,
20222021
Millions of dollarsPre-taxTax EffectNetPre-taxTax EffectNet
Currency translation adjustments (1)
$109 2 $111 $8 (2)$6 
Cash flow hedges28 8 36 50 (14)36 
Pension and other postretirement benefits plans3 1 4 9 (5)4 
Other comprehensive income (loss)140 11 151 67 (21)46 
Less: Other comprehensive income (loss) available to noncontrolling interests— — — (1)— (1)
Other comprehensive income (loss) available to Whirlpool$140 $11 $151 $68 $(21)$47 
Nine Months Ended September 30,
20222021
Millions of dollarsPre-taxTax EffectNetPre-taxTax EffectNet
Currency translation adjustments (1)
$368 $6 $374 $334 $(1)$333 
Cash flow hedges29 9 38 58 (21)37 
Pension and other postretirement benefits plans9 (3)6 42 (13)29 
Other comprehensive income (loss)406 12 418 434 (35)399 
Less: Other comprehensive income (loss) available to noncontrolling interests— — — — — — 
Other comprehensive income (loss) available to Whirlpool$406 $12 $418 $434 $(35)$399 
(1) Currency translation adjustments includes net investment hedges.
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
The following table provides the reclassification adjustments out of accumulated other comprehensive income (loss), by component, which was included in net earnings (loss) for the three and nine months ended September 30, 2022:
Three Months EndedNine Months Ended
Millions of dollars(Gain) Loss Reclassified(Gain) Loss ReclassifiedClassification in Earnings
Pension and postretirement benefits, pre-tax$5 $17 Interest and sundry (income) expense
Net earnings (loss) per Share
Diluted net earnings (loss) per share of common stock include the dilutive effect of stock options and other share-based compensation plans. Basic and diluted net earnings (loss) per share of common stock for the periods presented were calculated as follows:
Three Months Ended September 30, Nine Months Ended September 30,
Millions of dollars and shares2022202120222021
Numerator for basic and diluted earnings per share - Net earnings (loss) available to Whirlpool$143 $471 $85 $1,485 
Denominator for basic earnings per share - weighted-average shares54.7 62.2 56.3 62.7 
Effect of dilutive securities - share-based compensation0.3 0.5 0.4 0.5 
Denominator for diluted earnings per share - adjusted weighted-average shares55.0 62.7 56.7 63.2 
Anti-dilutive stock options/awards excluded from earnings per share0.7 0.1 0.5 0.1 
Share Repurchase Program
On April 19, 2021, our Board of Directors authorized a share repurchase program of up to $2 billion, which has no expiration date. On February 14, 2022, the Board of Directors authorized an additional $2 billion in share repurchases under the Company's ongoing share repurchase program. During the nine months ended September 30, 2022, we repurchased approximately 4.8 million shares under these share repurchase programs at an aggregate price of approximately $903 million. At September 30, 2022, there were approximately $2.6 billion in remaining funds authorized under this program.
Share repurchases are made from time to time on the open market as conditions warrant. The programs do not obligate us to repurchase any of our shares and have no expiration date.