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STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
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Dec. 31, 2022
Stockholders' Equity Note [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table shows the components of accumulated other comprehensive income (loss) available to Whirlpool at December 31, 2020, 2021, and 2022, and the activity for the years then ended:
Millions of dollars | Foreign Currency |  | Derivative Instruments |  | Pension and Postretirement Liability |  |  |  | Total
December 31, 2019 | $ | (1,532) |  |  | $ | (46) |  |  | $ | (1,040) |  |  |  |  | $ | (2,618) |
Unrealized gain (loss) | (385) |  |  | 83 |  |  | — |  |  |  |  | (302) |
Unrealized actuarial gain(loss) and prior service credit (cost) | — |  |  | — |  |  | 171 |  |  |  |  | 171 |
Tax effect | 1 |  |  | (16) |  |  | (45) |  |  |  |  | (60) |
Other comprehensive income (loss), net of tax | (384) |  |  | 67 |  |  | 126 |  |  |  |  | (191) |
Less: Other comprehensive loss available to noncontrolling interests | 2 |  |  | — |  |  | — |  |  |  |  | 2 |
Other comprehensive income (loss) available to Whirlpool | (386) |  |  | 67 |  |  | 126 |  |  |  |  | (193) |
December 31, 2020 | $ | (1,918) |  |  | $ | 21 |  |  | $ | (914) |  |  |  |  | $ | (2,811) |
Unrealized gain (loss) | 364 |  |  | 27 |  |  | — |  |  |  |  | 391 |
Unrealized actuarial gain (loss) and prior service credit (cost) | — |  |  | — |  |  | 104 |  |  |  |  | 104 |
Tax effect | (1) |  |  | (14) |  |  | (26) |  |  |  |  | (41) |
Other comprehensive income (loss), net of tax | 363 |  |  | 13 |  |  | 78 |  |  |  |  | 454 |
Less: Other comprehensive loss available to noncontrolling interests | — |  |  | — |  |  | — |  |  |  |  | — |
Other comprehensive income (loss) available to Whirlpool | 363 |  |  | 13 |  |  | 78 |  |  |  |  | 454 |
December 31, 2021 | $ | (1,555) |  |  | $ | 34 |  |  | $ | (836) |  |  |  |  | $ | (2,357) |
Unrealized gain (loss) | 280 |  |  | 26 |  |  | — |  |  |  |  | 306 |
Unrealized actuarial gain (loss) and prior service credit (cost) | — |  |  | — |  |  | (27) |  |  |  |  | (27) |
Tax effect | — |  |  | (2) |  |  | (10) |  |  |  |  | (12) |
Other comprehensive income (loss), net of tax | 280 |  |  | 24 |  |  | (37) |  |  |  |  | 267 |
Less: Other comprehensive loss available to noncontrolling interests | — |  |  | — |  |  | — |  |  |  |  | — |
Other comprehensive income (loss) available to Whirlpool | 280 |  |  | 24 |  |  | (37) |  |  |  |  | 267 |
December 31, 2022 | $ | (1,275) |  |  | $ | 58 |  |  | $ | (873) |  |  |  |  | $ | (2,090) |
Schedule of Basic and Diluted Net Earnings Per Share | Basic and diluted net earnings per share of common stock were calculated as follows:
Millions of dollars and shares |  | 2022 |  | 2021 |  | 2020
Numerator for basic and diluted earnings per share – net earnings (loss) available to Whirlpool |  | $ | (1,519) |  |  | $ | 1,783 |  |  | $ | 1,075 |
Denominator for basic earnings per share – weighted-average shares |  | 55.9 |  |  | 62.1 |  |  | 62.7 |
Effect of dilutive securities – stock-based compensation |  | — |  |  | 0.8 |  |  | 0.6 |
Denominator for diluted earnings per share – adjusted weighted-average shares |  | 55.9 |  |  | 62.9 |  |  | 63.3 |
Anti-dilutive stock options/awards excluded from earnings per share |  | 0.6 |  |  | 0.1 |  |  | 1.3 |

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