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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Beginning January 1, 2024, we reorganized our operating segment structure to better represent the revised structure within our portfolio transformation, including a greater focus on our strong value creating small domestic appliance business. The Company implemented this change to align with the Company's new operating structure, consistent with how the Company’s Chief Operating Decision Maker evaluates performance and allocates resources in accordance with ASC 280, Segment Reporting. Our reportable segments consist of Major Domestic Appliances ("MDA") North America; MDA Europe, MDA Latin America; MDA Asia; and Small Domestic Appliances ("SDA") Global. All prior period amounts have been reclassified to conform with current period presentation.
The chief operating decision maker, who is the Company's Chairman and Chief Executive Officer, evaluates performance based on each segment's earnings (loss) before interest and taxes (EBIT), which we define as operating profit less interest and sundry (income) expense and excluding restructuring costs, asset impairment charges and certain other items that management believes are not indicative of the region's ongoing performance, if any. Total assets by segment are those assets directly associated with the respective operating activities. The "Other/Eliminations" column primarily includes corporate expenses, assets and eliminations, as well as restructuring costs, asset impairment charges and certain other items that management believes are not indicative of the region's ongoing performance, if any. Intersegment sales are eliminated within each segment.
The MDA Europe business was deconsolidated upon the completion of the European contribution agreement transaction with Arcelik as of April 1, 2024. For additional information see Note 14 to the Consolidated Condensed Financial Statements.
The tables below summarize performance by operating segment for the periods presented:
Three Months Ended March 31,
 OPERATING SEGMENTS
MDA North
America		MDA Latin
America		MDA AsiaMDA EuropeSDA GlobalOther / EliminationsTotal
Whirlpool
Net sales
2024$2,428 $837 $239 $804 $182 $— $4,490 
2023
2,641 747 245 846 170 — 4,649 
Intersegment sales
2024$33 $303 $10 $23 $10 $(379)$— 
2023 58 378 10 23 — (469)— 
Depreciation and amortization
2024$48 $18 $6 $— $3 $14 $89 
2023
49 17 5 — 3 15 89 
EBIT
2024$135 $65 $11 $(9)$33 $(322)$(87)
2023
266 36 8 (5)19 (357)(33)
Total assets
March 31, 2024$10,447 $3,957 $1,149 $— $1,404 $413 $17,370 
December 31, 2023
10,217 4,037 1,054 685 1,134 185 17,312 
Capital expenditures
2024$42 $40 $3 $22 $2 $6 $115 
2023
45 15 2 19 3 12 96 
Assets of $3.5 billion and $3.3 billion associated with our European major domestic appliance business have been classified as assets held for sale and recorded at fair value less costs to sell at March 31, 2024 and December 31, 2023, respectively. See Note 14 to the Consolidated Condensed Financial Statements for additional information on the transaction.
The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:
Three Months Ended March 31,
in millions20242023
Items not allocated to segments:
Restructuring charges$(23)$— 
Legacy MDA Europe legal matters— (62)
(Loss) gain on sale and disposal of businesses(247)(222)
Corporate expenses and other(52)(73)
Total other/eliminations$(322)$(357)
A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Condensed Statements of Comprehensive Income (Loss) is shown in the table below for the periods presented:
Three Months Ended March 31,
in millions20242023
Operating (loss) profit$(116)$43 
Interest and sundry (income) expense(29)77 
Equity method investment income (loss), net of tax— 1 
Total EBIT$(87)$(33)
Interest expense90 75 
Income tax expense76 68 
Net earnings (loss)$(253)$(176)
Less: Net earnings available to noncontrolling interests6 3 
Net earnings (loss) available to Whirlpool$(259)$(179)