XML 74 R39.htm IDEA: XBRL DOCUMENT
v3.24.0.1

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Long-lived Assets by Geographic Areas | The following table summarizes the countries that represent at least 10% of consolidated long-lived assets for the years ended December 31, 2023 and 2022. Long-lived assets includes property, plant and equipment and right-of-use assets at December 31, 2023 and 2022.
Millions of dollars |  | United States |  | Mexico |  |  |  | All Other Countries | Total
2023 |  |  |  |  |  |  |  |  |
Long-lived assets |  | $1,829 |  | $429 |  |  |  | $698 | $2,956
Millions of dollars |  | United States |  |  |  | Mexico |  |  |  | All Other Countries | Total
2022 |  |  |  |  |  |  |  |  |  |  |
Long-lived assets |  | $1,742 |  |  |  | $389 |  |  |  | $662 | $2,793
Schedule of Segment Information |
|  | OPERATING SEGMENTS
Millions of dollars |  | North America |  | EMEA |  | Latin America |  | Asia |  | Other/ Eliminations |  | Total Whirlpool
Net sales |  |  |  |  |  |  |  |  |  |  |  |
2023 |  | $ | 11,428 |  |  | $ | 3,601 |  |  | $ | 3,408 |  |  | $ | 1,018 |  |  | $ | — |  |  | $ | 19,455 |
2022 |  | 11,474 |  |  | 4,023 |  |  | 3,127 |  |  | 1,100 |  |  | — |  |  | 19,724 |
2021 |  | 12,491 |  |  | 5,088 |  |  | 3,167 |  |  | 1,239 |  |  | — |  |  | 21,985 |
Intersegment sales |  |  |  |  |  |  |  |  |  |  |  |
2023 |  | $ | 210 |  |  | $ | 81 |  |  | $ | 1,530 |  |  | $ | 43 |  |  | $ | (1,864) |  |  | $ | — |
2022 |  | 261 |  |  | 85 |  |  | 1,494 |  |  | 42 |  |  | (1,882) |  |  | — |
2021 |  | 312 |  |  | 102 |  |  | 1,277 |  |  | 252 |  |  | (1,943) |  |  | — |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |
2023 |  | $ | 212 |  |  | $ | 4 |  |  | $ | 66 |  |  | $ | 21 |  |  | $ | 58 |  |  | $ | 361 |
2022 |  | 198 |  |  | 134 |  |  | 65 |  |  | 20 |  |  | 58 |  |  | 475 |
2021 |  | 175 |  |  | 168 |  |  | 63 |  |  | 26 |  |  | 62 |  |  | 494 |
EBIT |  |  |  |  |  |  |  |  |  |  |  |
2023 |  | $ | 1,104 |  |  | $ | 56 |  |  | $ | 204 |  |  | $ | 27 |  |  | $ | (475) |  |  | $ | 916 |
2022 |  | 1,319 |  |  | (58) |  |  | 200 |  |  | 54 |  |  | (2,571) |  |  | (1,056) |
2021 |  | 2,220 |  |  | 100 |  |  | 265 |  |  | 66 |  |  | (152) |  |  | 2,499 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |
2023 |  | $ | 11,061 |  |  | $ | 916 |  |  | $ | 4,861 |  |  | $ | 1,531 |  |  | $ | (1,057) |  |  | $ | 17,312 |
2022 |  | 10,913 |  |  | 5,240 |  |  | 4,343 |  |  | 1,516 |  |  | (4,888) |  |  | 17,124 |
2021 |  | 7,980 |  |  | 10,210 |  |  | 4,716 |  |  | 1,565 |  |  | (4,186) |  |  | 20,285 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |
2023 |  | $ | 227 |  |  | $ | 107 |  |  | $ | 134 |  |  | $ | 9 |  |  | $ | 72 |  |  | $ | 549 |
2022 |  | 238 |  |  | 132 |  |  | 121 |  |  | 27 |  |  | 52 |  |  | 570 |
2021 |  | 169 |  |  | 152 |  |  | 133 |  |  | 30 |  |  | 41 |  |  | 525 |
The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:
| Twelve Months Ended December 31,
in millions | 2023 | 2022 | 2021
Items not allocated to segments: |  |  |
Restructuring costs | $ | (16) |  | $ | (21) |  | $ | (38) |
Gain (loss) on previously held equity interest | — |  | — |  | 42 |
Gain (loss) on sale and disposal of businesses | (106) |  | (1,869) |  | 107 |
Impairment of goodwill, intangibles and other assets | — |  | (396) |  | — |
Product warranty and liability income (expense) | — |  | — |  | 9 |
Legacy EMEA legal matters | (94) |  | — |  | — |
Corporate expenses and other | (259) |  | (285) |  | (272) |
Total other/eliminations | $ | (475) |  | $ | (2,571) |  | $ | (152) |
A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Statements of Income (Loss) is shown in the table below for the periods presented:
|  | Twelve Months Ended December 31,
in millions |  | 2023 | 2022 | 2021
Operating profit |  | $ | 1,015 |  | $ | (1,056) |  | $ | 2,348 |
Interest and sundry (income) expense |  | 71 |  | (19) |  | (159) |
Equity method investment income (loss), net of tax |  | (28) |  | (19) |  | (8) |
Total EBIT |  | $ | 916 |  | $ | (1,056) |  | $ | 2,499 |
Interest expense |  | 351 |  | 190 |  | 175 |
Income tax expense |  | 77 |  | 265 |  | 518 |
Net earnings (loss) |  | $ | 488 |  | $ | (1,511) |  | $ | 1,806 |
Less: Net earnings (loss) available to noncontrolling interests |  | 7 |  | 8 |  | 23 |
Net earnings (loss) available to Whirlpool |  | $ | 481 |  | $ | (1,519) |  | $ | 1,783 |

X
- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph b -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration