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STOCKHOLDERS' EQUITY
 12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
Comprehensive Income (Loss)
Comprehensive income (loss) primarily includes (1) our reported net earnings (loss), (2) foreign currency translation, including net investment hedges, (3) changes in the effective portion of our open derivative contracts designated as cash flow hedges, (4) changes in our unrecognized pension and other postretirement benefits, and (5) our proportionate share of equity method investee adjustments.
The following table shows the components of accumulated other comprehensive income (loss) available to Whirlpool at December 31, 2022, 2023, and 2024, and the activity for the years then ended:
Millions of dollarsForeign
Currency 		Derivative
Instruments		Pension and
Postretirement
Liability		Total
December 31, 2021$(1,555)$34 $(836)(2,357)
Unrealized gain (loss)280 26 — 306 
Unrealized actuarial gain(loss) and prior service credit (cost)— — (27)(27)
Tax effect— (2)(10)(12)
Other comprehensive income (loss), net of tax280 24 (37)267 
Less: Other comprehensive loss available to noncontrolling interests— — — — 
Other comprehensive income (loss) available to Whirlpool280 24 (37)267 
December 31, 2022$(1,275)$58 $(873)$(2,090)
Unrealized gain (loss)22 (64)— (42)
Unrealized actuarial gain (loss) and prior service credit (cost)— — (99)(99)
Tax effect— 17 36 53 
Other comprehensive income (loss), net of tax22 (47)(63)(88)
Less: Other comprehensive loss available to noncontrolling interests— — — — 
Other comprehensive income (loss) available to Whirlpool22 (47)(63)(88)
December 31, 2023$(1,253)$11 $(936)$(2,178)
Unrealized gain (loss)(30)83 (9)44 
Unrealized actuarial gain (loss) and prior service credit (cost)— — 39 39 
Tax effect— (25)(20)(45)
Other comprehensive income (loss), net of tax(30)57 10 37 
Less: Other comprehensive loss available to noncontrolling interests(1)— — (1)
Other comprehensive income (loss) available to Whirlpool(29)57 10 38 
Sale of minority interest in subsidiary 18 — — 18 
MDA Europe deconsolidation 442 — 135 577 
December 31, 2024$(822)$68 $(791)$(1,545)
Net Earnings per Share
Diluted net earnings per share of common stock include the dilutive effect of stock options and other share-based compensation plans. Basic and diluted net earnings per share of common stock were calculated as follows:
Millions of dollars and shares202420232022
Numerator for basic and diluted earnings per share – net earnings (loss) available to Whirlpool$(323)$481 $(1,519)
Denominator for basic earnings per share – weighted-average shares55.1 55.0 55.9 
Effect of dilutive securities – stock-based compensation— 0.2 — 
Denominator for diluted earnings per share – adjusted weighted-average shares55.1 55.2 55.9 
Anti-dilutive stock options/awards excluded from earnings per share1.2 1.2 0.6 
Dividends
Dividends per share paid to shareholders were $7.00, $7.00 and $7.00 during 2024, 2023 and 2022, respectively.
Share Repurchase Program
On April 19, 2021, our Board of Directors authorized a share repurchase program of up to $2 billion, which has no expiration date. On February 14, 2022, the Board of Directors authorized an additional $2 billion in share repurchases under the Company's ongoing share repurchase program. During the twelve months ended December 31, 2024, we repurchased 456,000 shares under the share repurchase program at an aggregate price of approximately $50 million. At December 31, 2024, there were approximately $2.5 billion in remaining funds authorized under these programs.
Share repurchases are made from time to time on the open market as conditions warrant. The program does not obligate us to repurchase any of our shares and it has no expiration date.