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 dollarsUnited StatesMexicoAll Other CountriesTotal
2023
Long-lived assets$1,829$429$698$2,956

Millions of dollarsUnited StatesMexicoAll Other CountriesTotal
2022
Long-lived assets$1,742$389$662$2,793
Schedule of Segment Information
 OPERATING SEGMENTS

Millions of dollars
North
America
EMEALatin
America
AsiaOther/
Eliminations
Total
Whirlpool
Net sales
2023$11,428 $3,601 $3,408 $1,018 $ $19,455 
202211,474 4,023 3,127 1,100 — 19,724 
202112,491 5,088 3,167 1,239 — 21,985 
Intersegment sales
2023$210 $81 $1,530 $43 $(1,864)$ 
2022261 85 1,494 42 (1,882)— 
2021312 102 1,277 252 (1,943)— 
Depreciation and amortization
2023$212 $4 $66 $21 $58 $361 
2022198 134 65 20 58 475 
2021175 168 63 26 62 494 
EBIT
2023$1,104 $56 $204 $27 $(475)$916 
20221,319 (58)200 54 (2,571)(1,056)
20212,220 100 265 66 (152)2,499 
Total assets
2023$11,061 $916 $4,861 $1,531 $(1,057)$17,312 
202210,913 5,240 4,343 1,516 (4,888)17,124 
20217,980 10,210 4,716 1,565 (4,186)20,285 
Capital expenditures
2023$227 $107 $134 $9 $72 $549 
2022238 132 121 27 52 570 
2021169 152 133 30 41 525 
The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:
Twelve Months Ended December 31,
in millions202320222021
Items not allocated to segments:
Restructuring costs$(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) — 
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 millions202320222021
Operating profit$1,015 $(1,056)$2,348 
Interest and sundry (income) expense71 (19)(159)
Equity method investment income (loss), net of tax(28)(19)(8)
Total EBIT$916 $(1,056)$2,499 
Interest expense351 190 175 
Income tax expense77 265 518 
Net earnings (loss)$488 $(1,511)$1,806 
Less: Net earnings (loss) available to noncontrolling interests7 23 
Net earnings (loss) available to Whirlpool$481 $(1,519)$1,783