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STOCKHOLDERS' EQUITY
 3 Months Ended
Mar. 31, 2023
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, 2022$2,506 $8,261 $(2,090)$(3,949)$114 $170 
Comprehensive income (loss)
Net earnings (loss)(176)(179)— — — 3 
Other comprehensive income (1)— (1)— — — 
Comprehensive income (loss)(177)(179)(1)— — 3 
Stock issued (repurchased)2 — — 2 — — 
Dividends declared(97)(97)— — — — 
Balances, March 31, 20232,234 7,985 (2,091)(3,947)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, 2021$5,013 $10,170 $(2,357)$(3,081)$114 $167 
Comprehensive income (loss)
Net earnings (loss)316 313 — — — 3 
Other comprehensive income58 — 58 — — — 
Comprehensive income (loss)374 313 58 — — 3 
Stock issued (repurchased)(539)— — (539)— — 
Dividends declared(103)(103)— — — — 
Balances, March 31, 2022$4,745 $10,380 $(2,299)$(3,620)$114 $170 
Other Comprehensive Income (Loss)
The following table summarizes our other comprehensive income (loss) and related tax effects for the periods presented:
Three Months Ended March 31,
20232022
Millions of dollarsPre-taxTax EffectNetPre-taxTax EffectNet
Currency translation adjustments$(1)— $(1)$105 3 $108 
Cash flow hedges(16)5 (11)(56)19 (37)
Pension and other postretirement benefits plans13 (2)11 (15)2 (13)
Other comprehensive income (loss)(4)3 (1)34 24 58 
Less: Other comprehensive income (loss) available to noncontrolling interests— — — — — — 
Other comprehensive income (loss) available to Whirlpool$(4)$3 $(1)$34 $24 $58 
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
There were no material net impacts of the reclassification adjustments out of accumulated other comprehensive income (loss) included in net earnings (loss) for the three months ended March 31, 2023:
Net earnings (loss) per Share
Diluted net earnings (loss) per share of common stock include the dilutive effect of stock options and other share-based compensation plans. Basic and diluted net earnings (loss) per share of common stock for the periods presented were calculated as follows:
Three Months Ended March 31,
Millions of dollars and shares20232022
Numerator for basic and diluted earnings per share - Net earnings (loss) available to Whirlpool$(179)$313 
Denominator for basic earnings per share - weighted-average shares54.8 58.3 
Effect of dilutive securities - share-based compensation— 0.4 
Denominator for diluted earnings per share - adjusted weighted-average shares54.8 58.7 
Anti-dilutive stock options/awards excluded from earnings per share0.9 0.3 
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 three months ended March 31, 2023, we did not repurchase any shares under these share repurchase programs. At March 31, 2023, 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.