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Pay vs Performance Disclosure
Unit_pure in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance Disclosure
The following table sets forth information regarding the Company’s performance and the “compensation actually paid” to our NEOs, as calculated in accordance with SEC disclosure rules:
 
 
PAY VERSUS PERFORMANCE TABLE
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
Value of Initial Fixed
$100 Investment Based
on
(4)
:
 
 
 
 
 
 
 
 
 
 
 
 
Year 
(1)
 
Summary
Compensation
Table Total
for PEO 
(2)
 
 
Compensation
Actually Paid
to PEO
(3)
 
 
Average Summary
Compensation
Table Total for
Non-PEO
Named
Executive Officers 
(2)
 
 
Average
Compensation
Actually Paid to
Non-PEO Named
Executive Officers 
(3)
 
 
Whirlpool
TSR
 
 
Index
TSR 
(5)
 
 
GAAP
Net
Income
($M)
 
 
Ongoing
EBIT
($M) 
(6)
 
 
Free
Cash
Flow
($M) 
(6)
 
 
 
2022
    11,940,033       (19,255,228     3,263,242       (2,889,294     106       117       (1,519     1,360       820  
                   
2021
    18,751,901       42,472,540       5,542,092       9,718,714       169       159       1,783       2,379       1,651  
                   
2020
    17,051,409       27,814,626       4,741,027       6,454,001       126       118       1,075       1,768       1,246  
 
(1)
 
Mr. Bitzer served as the Principal Executive Office
r (PEO) f
or the entirety of 2022, 2021 and 2020 and the Company’s other NEOs for the applicable years were as follows:
2022: Messrs. Peters, Liotine, Morel, and Brega.
2021: Messrs. Peters, Liotine, Morel, and Brega.
2020: Messrs. Peters, Liotine, Morel, and Samuel Wu.
 
(2)
 
Amounts reported in this column represent (i) the total compensation reported in the Summary Compensation Table for the applicable year for Mr. Bitzer and (ii) the average of the total compensation reported in the Summary Compensation Table for the NEOs listed in footnote 1 for each applicable year.
 
 
 
(3)
 
To calculate compensation actually paid, adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for Mr. Bitzer and for the average of the other NEOs is set forth following the footnotes to this table.
 
 
 
(4)
 
Pursuant to rules of the SEC, the comparison assumes $100 was invested on December 31, 2019 in our common stock. Historical stock price performance is not necessarily indicative of future stock price performance.
 
(5)
 
Index TSR reflects the S&P 500 Household Durables Index.
 
 
 
(6)
 
As noted in the “CD&A,” Ongoing EBIT and Free Cash Flow represent the two, equally weighted, performance goals for determining the Company Performance Factor under the 2022 short-term incentive program. Given their use in the 2022 short-term incentive program, the Committee selected Ongoing EBIT and Free Cash Flow as the Company Selected Measures. Please see Annex B for reconciliation to GAAP measures.

 
RECONCILIATION OF
COMPENSATION
ACTUALLY
PAID
ADJUSTMENTS
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
Summary
Compensation
Table Total
(1)
 
 
(Minus)
Change in
Accumulated
Benefits
Under
Defined
Benefit and
Actuarial
Pension
Plans
($)
 (2)
 
 
Plus
Service
Costs
Under
Defined
Benefit and
Actuarial
Pension
Plans ($)
 (3)
 
 
(Minus)
Grant Date
Fair
Value of
Stock
Option and
Stock
Awards
Granted in
Fiscal Year
($)
 (4)
 
 
Plus Fair
Value at
Fiscal
Year-End
of
Outstanding
and
Unvested
Stock
Option and
Stock
Awards
Granted in
Fiscal Year
($)
 (5)
 
 
Plus/(Minus)
Change in
Fair Value of
Outstanding
and
Unvested
Stock
Option and
Stock
Awards
Granted in
Prior Fiscal
Years
($)
 (6)
 
 
Plus
Fair Value
at Vesting
of Stock
Option and
Stock
Awards
Granted in
Fiscal Year
that
Vested
During
Fiscal Year
($)
 (7)
 
 
Plus/
(Minus)
Change in
Fair Value
as of
Vesting
Date of
Stock
Option
and Stock
Awards
Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During
Fiscal Year
($)
 (8)
 
 
(Minus)
Fair Value
as of Prior
Fiscal
Year-End

of Stock
Option
and Stock
Awards
Granted in
Prior
Fiscal
Years that
Failed to
Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)
 (9)
 
 
Equals
Compensation
Actually Paid
($)
 
 
Marc Bitzer
 
 
 
2022
    11,940,033       0       617,053       (10,376,353     7,139,678       (23,361,198     0       (5,214,441     0       (19,255,228
                     
2021
    18,751,901       (3,070,010     557,425       (9,951,671     13,101,263       21,136,895       0       1,946,737       0       42,472,540  
                     
2020
    17,051,409       (1,957,677     378,024       (9,457,983     13,915,585       8,110,763       0       (225,489     0       27,814,626  
 
Other NEOs (Average)
 
                     
2022
    3,263,242       0       111,431       (2,254,423     1,551,201       (4,534,750     0       (1,025,995     0       (2,889,294
                     
2021
    5,542,092       (695,763     99,925       (2,335,696     3,052,625       3,700,214       0       355,316       0       9,718,714  
                     
2020
    4,741,027       (466,613     104,209       (1,842,922     2,740,241       1,189,075       0       (11,016     0       6,454,001  
 
 
(1)
 
For Mr. Bitzer, represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other NEOs, amounts shown represent averages.
 
(2)
 
Represents the aggregate change in the actuarial present value of the accumulated benefits under all defined benefit and actuarial pension plans reported in the Summary Compensation Table for the indicated fiscal year.
 
(3)
 
Represents the sum of the actuarial present value of the benefits under all defined benefit and actuarial pension plans attributable to services rendered during the indicated fiscal year, calculated using the same methodology as used in the Company’s financial statements under generally accepted accounting principles.
 
(4)
 
Represents the grant date fair value of the stock option and stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(5)
 
Represents the fair value as of the indicated fiscal
year-end
of the outstanding and unvested option awards and stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(6)
 
Represents the change in fair value during the indicated fiscal year of each option award and stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(7)
 
Represents the fair value at vesting of the option awards and stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(8)
 
Represents the change in fair value, measured from the prior fiscal
year-end
to the vesting date, of each option award and stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 

(9)
 
Represents the fair value as of the last day of the prior fiscal year of the option award and stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
   
Company Selected Measure Name Ongoing EBIT and Free Cash Flow    
Named Executive Officers, Footnote [Text Block]
Mr. Bitzer served as the Principal Executive Office
r (PEO) f
or the entirety of 2022, 2021 and 2020 and the Company’s other NEOs for the applicable years were as follows:
2022: Messrs. Peters, Liotine, Morel, and Brega.
2021: Messrs. Peters, Liotine, Morel, and Brega.
2020: Messrs. Peters, Liotine, Morel, and Samuel Wu.
   
Peer Group Issuers, Footnote [Text Block] Index TSR reflects the S&P 500 Household Durables Index.    
PEO Total Compensation Amount $ 11,940,033 $ 18,751,901 $ 17,051,409
PEO Actually Paid Compensation Amount $ (19,255,228) 42,472,540 27,814,626
Adjustment To PEO Compensation, Footnote [Text Block]
RECONCILIATION OF
COMPENSATION
ACTUALLY
PAID
ADJUSTMENTS
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
Summary
Compensation
Table Total
(1)
 
 
(Minus)
Change in
Accumulated
Benefits
Under
Defined
Benefit and
Actuarial
Pension
Plans
($)
 (2)
 
 
Plus
Service
Costs
Under
Defined
Benefit and
Actuarial
Pension
Plans ($)
 (3)
 
 
(Minus)
Grant Date
Fair
Value of
Stock
Option and
Stock
Awards
Granted in
Fiscal Year
($)
 (4)
 
 
Plus Fair
Value at
Fiscal
Year-End
of
Outstanding
and
Unvested
Stock
Option and
Stock
Awards
Granted in
Fiscal Year
($)
 (5)
 
 
Plus/(Minus)
Change in
Fair Value of
Outstanding
and
Unvested
Stock
Option and
Stock
Awards
Granted in
Prior Fiscal
Years
($)
 (6)
 
 
Plus
Fair Value
at Vesting
of Stock
Option and
Stock
Awards
Granted in
Fiscal Year
that
Vested
During
Fiscal Year
($)
 (7)
 
 
Plus/
(Minus)
Change in
Fair Value
as of
Vesting
Date of
Stock
Option
and Stock
Awards
Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During
Fiscal Year
($)
 (8)
 
 
(Minus)
Fair Value
as of Prior
Fiscal
Year-End

of Stock
Option
and Stock
Awards
Granted in
Prior
Fiscal
Years that
Failed to
Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)
 (9)
 
 
Equals
Compensation
Actually Paid
($)
 
 
Marc Bitzer
 
 
 
2022
    11,940,033       0       617,053       (10,376,353     7,139,678       (23,361,198     0       (5,214,441     0       (19,255,228
                     
2021
    18,751,901       (3,070,010     557,425       (9,951,671     13,101,263       21,136,895       0       1,946,737       0       42,472,540  
                     
2020
    17,051,409       (1,957,677     378,024       (9,457,983     13,915,585       8,110,763       0       (225,489     0       27,814,626  
 
Other NEOs (Average)
 
                     
2022
    3,263,242       0       111,431       (2,254,423     1,551,201       (4,534,750     0       (1,025,995     0       (2,889,294
                     
2021
    5,542,092       (695,763     99,925       (2,335,696     3,052,625       3,700,214       0       355,316       0       9,718,714  
                     
2020
    4,741,027       (466,613     104,209       (1,842,922     2,740,241       1,189,075       0       (11,016     0       6,454,001  
 
 
(1)
 
For Mr. Bitzer, represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other NEOs, amounts shown represent averages.
 
(2)
 
Represents the aggregate change in the actuarial present value of the accumulated benefits under all defined benefit and actuarial pension plans reported in the Summary Compensation Table for the indicated fiscal year.
 
(3)
 
Represents the sum of the actuarial present value of the benefits under all defined benefit and actuarial pension plans attributable to services rendered during the indicated fiscal year, calculated using the same methodology as used in the Company’s financial statements under generally accepted accounting principles.
 
(4)
 
Represents the grant date fair value of the stock option and stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(5)
 
Represents the fair value as of the indicated fiscal
year-end
of the outstanding and unvested option awards and stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(6)
 
Represents the change in fair value during the indicated fiscal year of each option award and stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(7)
 
Represents the fair value at vesting of the option awards and stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(8)
 
Represents the change in fair value, measured from the prior fiscal
year-end
to the vesting date, of each option award and stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 

(9)
 
Represents the fair value as of the last day of the prior fiscal year of the option award and stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
   
Non-PEO NEO Average Total Compensation Amount $ 3,263,242 5,542,092 4,741,027
Non-PEO NEO Average Compensation Actually Paid Amount $ (2,889,294) 9,718,714 6,454,001
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
RECONCILIATION OF
COMPENSATION
ACTUALLY
PAID
ADJUSTMENTS
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
Summary
Compensation
Table Total
(1)
 
 
(Minus)
Change in
Accumulated
Benefits
Under
Defined
Benefit and
Actuarial
Pension
Plans
($)
 (2)
 
 
Plus
Service
Costs
Under
Defined
Benefit and
Actuarial
Pension
Plans ($)
 (3)
 
 
(Minus)
Grant Date
Fair
Value of
Stock
Option and
Stock
Awards
Granted in
Fiscal Year
($)
 (4)
 
 
Plus Fair
Value at
Fiscal
Year-End
of
Outstanding
and
Unvested
Stock
Option and
Stock
Awards
Granted in
Fiscal Year
($)
 (5)
 
 
Plus/(Minus)
Change in
Fair Value of
Outstanding
and
Unvested
Stock
Option and
Stock
Awards
Granted in
Prior Fiscal
Years
($)
 (6)
 
 
Plus
Fair Value
at Vesting
of Stock
Option and
Stock
Awards
Granted in
Fiscal Year
that
Vested
During
Fiscal Year
($)
 (7)
 
 
Plus/
(Minus)
Change in
Fair Value
as of
Vesting
Date of
Stock
Option
and Stock
Awards
Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During
Fiscal Year
($)
 (8)
 
 
(Minus)
Fair Value
as of Prior
Fiscal
Year-End

of Stock
Option
and Stock
Awards
Granted in
Prior
Fiscal
Years that
Failed to
Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)
 (9)
 
 
Equals
Compensation
Actually Paid
($)
 
 
Marc Bitzer
 
 
 
2022
    11,940,033       0       617,053       (10,376,353     7,139,678       (23,361,198     0       (5,214,441     0       (19,255,228
                     
2021
    18,751,901       (3,070,010     557,425       (9,951,671     13,101,263       21,136,895       0       1,946,737       0       42,472,540  
                     
2020
    17,051,409       (1,957,677     378,024       (9,457,983     13,915,585       8,110,763       0       (225,489     0       27,814,626  
 
Other NEOs (Average)
 
                     
2022
    3,263,242       0       111,431       (2,254,423     1,551,201       (4,534,750     0       (1,025,995     0       (2,889,294
                     
2021
    5,542,092       (695,763     99,925       (2,335,696     3,052,625       3,700,214       0       355,316       0       9,718,714  
                     
2020
    4,741,027       (466,613     104,209       (1,842,922     2,740,241       1,189,075       0       (11,016     0       6,454,001  
 
 
(1)
 
For Mr. Bitzer, represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other NEOs, amounts shown represent averages.
 
(2)
 
Represents the aggregate change in the actuarial present value of the accumulated benefits under all defined benefit and actuarial pension plans reported in the Summary Compensation Table for the indicated fiscal year.
 
(3)
 
Represents the sum of the actuarial present value of the benefits under all defined benefit and actuarial pension plans attributable to services rendered during the indicated fiscal year, calculated using the same methodology as used in the Company’s financial statements under generally accepted accounting principles.
 
(4)
 
Represents the grant date fair value of the stock option and stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(5)
 
Represents the fair value as of the indicated fiscal
year-end
of the outstanding and unvested option awards and stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(6)
 
Represents the change in fair value during the indicated fiscal year of each option award and stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(7)
 
Represents the fair value at vesting of the option awards and stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(8)
 
Represents the change in fair value, measured from the prior fiscal
year-end
to the vesting date, of each option award and stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 

(9)
 
Represents the fair value as of the last day of the prior fiscal year of the option award and stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Chart 2: CEO Compensation Actually Paid vs. Total Shareholder Return and
Year-end
Sto
ck Price

 

 
   
Compensation Actually Paid vs. Net Income [Text Block]
 
 

   
Tabular List [Table Text Block]
 
Most Important Performance Measures Used to Link Compensation Actually Paid to Company Performance:
   
Ongoing EBIT (Company Selected Measure)
   Return on Invested Capital
   
Free Cash Flow (Company Selected Measure)
   Stock Price
   
Cumulative Ongoing Earnings Per Share
  
 
   
Total Shareholder Return Amount $ 106 169 126
Peer Group Total Shareholder Return Amount 117 159 118
Net Income (Loss) $ (1,519,000,000) $ 1,783,000,000 $ 1,075,000,000
Company Selected Measure Amount 1,360 2,379 1,768
PEO Name Mr. Bitzer    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Other Performance Measure Amount 820    
Measure Name Ongoing EBIT    
Non-GAAP Measure Description [Text Block] As noted in the “CD&A,” Ongoing EBIT and Free Cash Flow represent the two, equally weighted, performance goals for determining the Company Performance Factor under the 2022 short-term incentive program. Given their use in the 2022 short-term incentive program, the Committee selected Ongoing EBIT and Free Cash Flow as the Company Selected Measures. Please see Annex B for reconciliation to GAAP measures.    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Other Performance Measure Amount   1,651  
Measure Name Free Cash Flow    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Other Performance Measure Amount     1,246
Measure Name Cumulative Ongoing Earnings Per Share    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Return on Invested Capital    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Stock Price    
PEO [Member] | Change in Accumulated Benefits Under Defined Benefit and Actuarial Pension Plans [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ (3,070,010) $ (1,957,677)
PEO [Member] | Service Costs Under Defined Benefit and Actuarial Pension Plans [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 617,053 557,425 378,024
PEO [Member] | Grant Date Fair Value of Stock Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (10,376,353) (9,951,671) (9,457,983)
PEO [Member] | Fair Value at Fiscal YearEnd of Outstanding and Unvested Stock Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 7,139,678 13,101,263 13,915,585
PEO [Member] | Change in Fair Value of Outstanding and Unvested Stock Option and Stock Awards Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (23,361,198) 21,136,895 8,110,763
PEO [Member] | Fair Value at Vesting of Stock Option and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Change in Fair Value as of Vesting Date of Stock Option and Stock Awards Granted in Prior Years for which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (5,214,441) 1,946,737 (225,489)
PEO [Member] | Fair Value as of Prior Fiscal YearEnd of Stock Option and Stock Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Change in Accumulated Benefits Under Defined Benefit and Actuarial Pension Plans [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 (695,763) (466,613)
Non-PEO NEO [Member] | Service Costs Under Defined Benefit and Actuarial Pension Plans [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 111,431 99,925 104,209
Non-PEO NEO [Member] | Grant Date Fair Value of Stock Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,254,423) (2,335,696) (1,842,922)
Non-PEO NEO [Member] | Fair Value at Fiscal YearEnd of Outstanding and Unvested Stock Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,551,201 3,052,625 2,740,241
Non-PEO NEO [Member] | Change in Fair Value of Outstanding and Unvested Stock Option and Stock Awards Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (4,534,750) 3,700,214 1,189,075
Non-PEO NEO [Member] | Fair Value at Vesting of Stock Option and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Change in Fair Value as of Vesting Date of Stock Option and Stock Awards Granted in Prior Years for which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,025,995) 355,316 (11,016)
Non-PEO NEO [Member] | Fair Value as of Prior Fiscal YearEnd of Stock Option and Stock Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ 0