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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Information | The table below summarizes performance by operating segment for the periods presented:
|  | OPERATING SEGMENTS
Millions of dollars |  | MDA North America |  | MDA Latin America |  | MDA Asia |  | MDA Europe (1) |  | SDA Global |  | Other/ Eliminations |  | Total Whirlpool
Net sales |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 10,236 |  |  | $ | 3,498 |  |  | $ | 1,056 |  |  | $ | 804 |  |  | $ | 1,013 |  |  | $ | — |  |  | $ | 16,607 |
2023 |  | 10,761 |  |  | 3,352 |  |  | 969 |  |  | 3,403 |  |  | 970 |  |  | — |  |  | 19,455 |
2022 |  | 10,762 |  |  | 3,079 |  |  | 1,031 |  |  | 3,779 |  |  | 1,073 |  |  | — |  |  | 19,724 |
Cost of Products Sold |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 8,784 |  |  | $ | 2,966 |  |  | $ | 914 |  |  | $ | 726 |  |  | $ | 659 |  |  | $ | (23) |  |  | $ | 14,026 |
2023 |  | 8,927 |  |  | 2,853 |  |  | 845 |  |  | 3,053 |  |  | 640 |  |  | (33) |  |  | 16,285 |
2022 |  | 8,880 |  |  | 2,634 |  |  | 890 |  |  | 3,584 |  |  | 692 |  |  | (29) |  |  | 16,651 |
Other segment expenses/(income) |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 787 |  |  | $ | 287 |  |  | $ | 101 |  |  | $ | 87 |  |  | $ | 209 |  |  | $ | 1,047 |  |  | $ | 2,518 |
2023 |  | 826 |  |  | 312 |  |  | 102 |  |  | 325 |  |  | 191 |  |  | 498 |  |  | 2,254 |
2022 |  | 703 |  |  | 261 |  |  | 104 |  |  | 287 |  |  | 188 |  |  | 2,586 |  |  | 4,129 |
EBIT |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 665 |  |  | $ | 245 |  |  | $ | 41 |  |  | $ | (9) |  |  | $ | 145 |  |  | $ | (1,024) |  |  | $ | 63 |
2023 |  | 1,008 |  |  | 187 |  |  | 22 |  |  | 25 |  |  | 139 |  |  | (465) |  |  | 916 |
2022 |  | 1,179 |  |  | 184 |  |  | 37 |  |  | (92) |  |  | 193 |  |  | (2,557) |  |  | (1,056) |
Intersegment sales |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 117 |  |  | $ | 1,224 |  |  | $ | 43 |  |  | $ | 23 |  |  | $ | 13 |  |  | $ | (1,420) |  |  | $ | — |
2023 |  | 210 |  |  | 1,530 |  |  | 43 |  |  | 81 |  |  | — |  |  | (1,864) |  |  | — |
2022 |  | 261 |  |  | 1,494 |  |  | 42 |  |  | 85 |  |  | — |  |  | (1,882) |  |  | — |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 9,693 |  |  | $ | 3,813 |  |  | $ | 1,147 |  |  | $ | — |  |  | $ | 1,087 |  |  | $ | 561 |  |  | $ | 16,301 |
2023 |  | 10,216 |  |  | 4,037 |  |  | 1,054 |  |  | 685 |  |  | 1,134 |  |  | 186 |  |  | 17,312 |
2022 |  | 10,130 |  |  | 3,522 |  |  | 1,036 |  |  | 2,553 |  |  | 1,102 |  |  | (1,219) |  |  | 17,124 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 178 |  |  | $ | 181 |  |  | $ | 13 |  |  | $ | 22 |  |  | $ | 14 |  |  | $ | 43 |  |  | $ | 451 |
2023 |  | 216 |  |  | 133 |  |  | 8 |  |  | 104 |  |  | 16 |  |  | 72 |  |  | 549 |
2022 |  | 218 |  |  | 121 |  |  | 27 |  |  | 127 |  |  | 25 |  |  | 52 |  |  | 570 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 |  | $ | 175 |  |  | $ | 63 |  |  | $ | 19 |  |  | $ | — |  |  | $ | 17 |  |  | $ | 59 |  |  | $ | 333 |
2023 |  | 200 |  |  | 66 |  |  | 21 |  |  | — |  |  | 13 |  |  | 61 |  |  | 361 |
2022 |  | 189 |  |  | 65 |  |  | 20 |  |  | 132 |  |  | 11 |  |  | 58 |  |  | 475 |
(1) MDA Europe consisted of our European major domestic appliance business which was contributed to Beko Europe as of April 1, 2024. See Note 16 to the Consolidated 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:
| Twelve Months Ended December 31,
in millions | 2024 | 2023 | 2022
Items not allocated to segments: |  |  |
Restructuring charges | $ | (79) |  | $ | (16) |  | $ | (21) |
(Loss) gain on sale and disposal of businesses | (264) |  | (106) |  | (1,869) |
Impairment of goodwill, intangibles and other assets | (381) |  | — |  | (396) |
Equity method investment income (loss) | (107) |  | (22) |  | (16) |
Legacy EMEA legal matters | 2 |  | (94) |  | — |
Corporate expenses and other | (195) |  | (227) |  | (255) |
Total other/eliminations | $ | (1,024) |  | $ | (465) |  | $ | (2,557) |
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 |  | 2024 | 2023 | 2022
Operating profit |  | $ | 143 |  | $ | 1,015 |  | $ | (1,056) |
Interest and sundry (income) expense |  | (27) |  | 71 |  | (19) |
Equity method investment income (loss), net of tax |  | (107) |  | (28) |  | (19) |
Total EBIT |  | $ | 63 |  | $ | 916 |  | $ | (1,056) |
Interest expense |  | 358 |  | 351 |  | 190 |
Income tax expense |  | 10 |  | 77 |  | 265 |
Net earnings (loss) |  | $ | (305) |  | $ | 488 |  | $ | (1,511) |
Less: Net earnings (loss) available to noncontrolling interests |  | 18 |  | 7 |  | 8 |
Net earnings (loss) available to Whirlpool |  | $ | (323) |  | $ | 481 |  | $ | (1,519) |
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, 2024 and 2023. Long-lived assets includes property, plant and equipment and right-of-use assets at December 31, 2024 and 2023.
Millions of dollars |  | United States |  | Mexico |  |  |  | All Other Countries | Total
2024 |  |  |  |  |  |  |  |  |
Long-lived assets |  | $1,986 |  | $522 |  |  |  | $607 | $3,115
Millions of dollars |  | United States |  |  |  | Mexico |  |  |  | All Other Countries | Total
2023 |  |  |  |  |  |  |  |  |  |  |
Long-lived assets |  | $1,829 |  |  |  | $429 |  |  |  | $698 | $2,956

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- 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 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: 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 3: 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
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