XML 76 R56.htm IDEA: XBRL DOCUMENT v3.22.2.2
FAIR VALUE MEASUREMENTS - Narrative (Details)
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
reporting_unit
Sep. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
May 06, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Impairment charge $ 0              
Number of reporting units | reporting_unit         4      
Goodwill, impairment loss         $ 278,000,000      
Whirlpool China                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Equity interest percentage 20.00%       20.00%     20.00%
Carrying value of equity interest     $ 214,000,000 $ 214,000,000        
Discontinued Operations, Held-for-sale | Russia Sale Transaction                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Impairment of assets held-for-sale   $ 333,000,000            
Disposed of by Sale | Russia Sale Transaction                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Impairment charges of loss (gain) on write-down of assets   333,000,000            
Disposed of by Sale | Turkey Subsidiary                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Impairment charges of loss (gain) on write-down of assets     40,000,000 40,000,000        
Level 2                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Long-term debt, fair value $ 4,400,000,000       $ 4,400,000,000   $ 5,800,000,000  
Level 2 | Discontinued Operations, Held-for-sale | Russia Sale Transaction                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Disposal group, held for sale, fair value   0            
Level 2 | Disposed of by Sale | Turkey Subsidiary                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Assets, fair value disclosure     $ 111,000,000 $ 111,000,000        
Indesit | Indefinite-lived intangible assets                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Impairment of indefinite lived intangible assets         70,000,000      
Indesit | Level 3 | Total Cost Basis | Indefinite-lived intangible assets                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Indefinite-lived intangible assets 201,000,000       201,000,000      
Indesit | Level 3 | Fair Value | Indefinite-lived intangible assets                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Indefinite-lived intangible assets $ 131,000,000       131,000,000      
Hotpoint | Indefinite-lived intangible assets                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Impairment of indefinite lived intangible assets         36,000,000 $ 36,000,000    
Hotpoint | Level 3 | Total Cost Basis | Indefinite-lived intangible assets                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Indefinite-lived intangible assets           137,000,000    
Hotpoint | Level 3 | Fair Value | Indefinite-lived intangible assets                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Indefinite-lived intangible assets           $ 101,000,000    
EMEA                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Goodwill, impairment loss   278,000,000     278,000,000      
Impairment of intangible assets (excluding goodwill)   $ 106,000,000     $ 106,000,000      
Other Intangible Assets | Measurement Input, Discount Rate | EMEA                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Impairment assessment of goodwill, measurement input 0.15       0.15      
Other Intangible Assets | Measurement Input, Discount Rate | EMEA | Valuation Technique, Relief-From-Royalty                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Intangible assets (excluding goodwill), measurement input 0.19       0.19      
Other Intangible Assets | Measurement Input, Royalty Rate | EMEA | Valuation Technique, Relief-From-Royalty | Minimum                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Intangible assets (excluding goodwill), measurement input 0.015       0.015      
Other Intangible Assets | Measurement Input, Royalty Rate | EMEA | Valuation Technique, Relief-From-Royalty | Maximum                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Intangible assets (excluding goodwill), measurement input 0.035       0.035