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ACQUISITIONS AND DIVESTITURES (Tables) | 12 Months Ended
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Dec. 31, 2024
Business Combination, Asset Acquisition, Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Disposal Groups, Including Discontinued Operations | The following table presents the carrying amounts of the major classes of the disposal group's assets and liabilities as of December 31, 2024 and 2023, respectively.
|  |  |  |  |  |  | December 31,
Millions of dollars |  |  |  |  |  |  | 2024 | 2023
Carrying amounts of major classes of assets |  |  |  |  |  |  |  |
Current Assets |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  |  |  |  |  | $ | — |  | $ | 97 |
Accounts receivable, net of allowance of $0 and $28, respectively |  |  |  |  |  |  | — |  | 578 |
Inventories |  |  |  |  |  |  | — |  | 589 |
Prepaid and other current assets |  |  |  |  |  |  | — |  | 94 |
Total current assets |  |  |  |  |  |  | — |  | 1,358 |
Property, net of accumulated depreciation of $0 and $1,442, respectively |  |  |  |  |  |  | — |  | 952 |
Right of use assets |  |  |  |  |  |  | — |  | 162 |
Other intangibles, net of accumulated amortization of $0 and $149, respectively |  |  |  |  |  |  | — |  | 286 |
Deferred income taxes |  |  |  |  |  |  | — |  | 574 |
Other noncurrent assets |  |  |  |  |  |  | — |  | 13 |
Total noncurrent assets |  |  |  |  |  |  | — |  | 1,987 |
Total assets |  |  |  |  |  |  | $ | — |  | $ | 3,345 |
Carrying amounts of major classes of liabilities |  |  |  |  |  |  |  |
Current liabilities |  |  |  |  |  |  |  |
Accounts payable |  |  |  |  |  |  | $ | — |  | $ | 1,266 |
Accrued expenses |  |  |  |  |  |  | — |  | 218 |
Accrued advertising and promotions |  |  |  |  |  |  | — |  | 171 |
Employee compensation |  |  |  |  |  |  | — |  | 120 |
Notes payable |  |  |  |  |  |  | — |  | 4 |
Other current liabilities |  |  |  |  |  |  | — |  | 97 |
Total current liabilities |  |  |  |  |  |  | — |  | 1,876 |
Noncurrent liabilities |  |  |  |  |  |  |  |
Pension benefits |  |  |  |  |  |  | — |  | 168 |
Lease liabilities |  |  |  |  |  |  | — |  | 132 |
Other noncurrent liabilities |  |  |  |  |  |  | — |  | 87 |
Total noncurrent liabilities |  |  |  |  |  |  | — |  | 387 |
Total liabilities |  |  |  |  |  |  | $ | — |  | $ | 2,263 |
Total net assets of the disposal group classified as held for sale |  |  |  |  |  |  | $ | — |  | $ | 1,082 |
Assets held for sale | Fair value of interest retained | $ | — |  | $ | 144 |
Liabilities held for sale | Cumulative currency translation adjustment and Other comprehensive income on pension | $ | — |  | $ | 587 |
The following table summarizes the European major appliances business' earnings (loss) available to Whirlpool before income taxes for the twelve months ended December 31, 2024, 2023 and 2022, respectively:
|  |  |  | Twelve Months Ended December 31,
in millions |  |  |  |  | 2024 | 2023 | 2022
Earnings (loss) before income taxes |  |  |  |  | $(9) | $28 | $(106)

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