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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 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 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 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 segment'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 segment's ongoing performance, if any. Intersegment sales are eliminated within each segment. The tables below summarize performance by operating segment for the periods presented:
Three Months Ended September 30,
 OPERATING SEGMENTS
MDA North
America		MDA Latin
America		MDA Asia
MDA Europe (1)
SDA GlobalOther / EliminationsTotal
Whirlpool
Net sales
2024$2,647 $846 $239 $— $261 $— $3,993 
20232,766 843 219 829 269 — 4,926 
Intersegment sales
2024$28 $303 $10 $— $2 $(343)$— 
202359 408 11 18 — (496)— 
Depreciation and amortization
2024$40 $16 $5 $— $5 $13 $79 
202345 17 5 — 3 14 84 
EBIT
2024$194 $58 $7 $— $37 $(45)$251 
2023254 52 5 2 49 (96)266 
Total assets
September 30, 2024$10,254 $3,876 $1,176 $— $1,257 $597 $17,160 
December 31, 2023
10,217 4,037 1,054 685 1,134 185 17,312 
Capital expenditures
2024$34 $38 $3 $— $2 $10 $87 
202341 36 3 21 2 18 121 
Nine Months Ended September 30,
 OPERATING SEGMENTS
MDA North
America		MDA Latin AmericaMDA Asia
MDA Europe (1)
SDA GlobalOther / EliminationsTotal
Whirlpool
Net sales
2024$7,642 $2,578 $818 $804 $629 $— $12,471 
20238,130 2,395 748 2,487 607 — 14,367 
Intersegment sales
2024$96 $925 $32 $23 $13 $(1,089)$— 
2023167 1,161 31 62 — (1,421)— 
Depreciation and amortization
2024$130 $48 $15 $— $13 $43 $249 
2023142 52 16 — 9 43 262 
EBIT
2024$491 $175 $38 $(9)$97 $(517)$275 
2023795 137 23 11 89 (532)523 
Total assets
September 30, 2024$10,254 $3,876 $1,176 $— $1,257 $597 $17,160 
December 31, 202310,217 4,037 1,054 685 1,134 185 17,312 
Capital expenditures
2024$129 $125 $7 $22 $5 $27 $315 
2023133 80 6 61 9 49 338 
(1) MDA Europe consisted of our European major domestic appliance business which was contributed to Beko Europe as of April 1, 2024. See Note 14 to the Consolidated Condensed Financial Statements for additional information on the transaction.
The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:
Three Months Ended September 30, Nine Months Ended September 30,
in millions2024202320242023
Items not allocated to segments:
Restructuring charges$(8)$(5)$(81)$(14)
Legacy MDA Europe legal matters— — — (98)
(Loss) gain on sale and disposal of businesses32 (46)(260)(286)
Corporate expenses and other(69)(45)(176)(134)
Total other/eliminations$(45)$(96)$(517)$(532)
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 September 30, Nine Months Ended September 30,
in millions2024202320242023
Operating profit$265 $257 $279 $603 
Interest and sundry (income) expense(6)(10)(27)77 
Equity method investment income (loss), net of tax(20)(1)(31)(3)
Total EBIT$251 $266 $275 $523 
Interest expense92 95 275 259 
Income tax expense45 86 (85)268 
Net earnings (loss)$114 $85 $85 $(4)
Less: Net earnings available to noncontrolling interests5 2 16 6 
Net earnings (loss) available to Whirlpool$109 $83 $69 $(10)