SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

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
2023	$	2,747	$	889	$	757	$	256	$	—	$	4,649
2022	2,791		1,084		760		285		—		4,920
Intersegment sales
2023	$	58	$	23	$	377	$	11	$	(469)	$	—
2022	72		24		360		11		(467)		—
Depreciation and amortization
2023	$	52	$	—	$	17	$	5	$	15	$	89
2022	43		35		16		5		13		112
EBIT
2023	$	274	$	5	$	39	$	8	$	(359)	$	(33)
2022	454		(27)		54		14		(32)		463
Total assets
March 31, 2023	$	11,052	$	4,990	$	4,498	$	1,600	$	(5,276)	$	16,864
December 31, 2022	10,913		5,240		4,343		1,516		(4,888)		17,124
Capital expenditures
2023	$	47	$	19	$	15	$	3	$	12	$	96
2022	30		12		23		6		16		87

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	2023		2022
Items not allocated to segments:
Restructuring charges	$	—	$	(5)
Legacy EMEA legal matters	(62)		—

Gain (loss) on sale and disposal of businesses	(222)		—

Corporate expenses and other	(75)		(27)
Total other/eliminations	$	(359)	$	(32)

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	2023		2022
Operating profit	$	43	$	461
Interest and sundry (income) expense	77		(7)
Equity method investment income (loss), net of tax	1		(5)
Total EBIT	$	(33)	$	463
Interest expense	75		41
Income tax expense	68		106
Net earnings (loss)	$	(176)	$	316
Less: Net earnings available to noncontrolling interests	3		3
Net earnings (loss) available to Whirlpool	$	(179)	$	313