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BASIS OF PRESENTATION (Tables) | 6 Months Ended
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Jun. 30, 2023
Accounting Policies [Abstract] |
Schedule of Equity Method Investments | The following tables summarize balances and transactions with Whirlpool China and its subsidiaries during the periods presented.
Millions of dollars |  |  | June 30, 2023 |  | December 31, 2022
Other noncurrent assets | Carrying value of equity interest |  | $ | 202 |  |  | $ | 201 |
Accounts payable | Outstanding amounts due |  | $ | 87 |  |  | $ | 75 |
Millions of dollars |  | Three Months Ended June 30, | Six Months Ended June 30,
| 2023 |  | 2022 | 2023 |  | 2022
Purchases from Whirlpool China |  | $ | 85 |  |  | $ | 112 |  | $ | 144 |  |  | $ | 213 |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | We adopted the following standard as of January 1, 2023:
Standard |  | Effective Date
2022-04 | Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations | January 1, 2023

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