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SEGMENT INFORMATION
12 Months Ended
Dec. 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 operational 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 16 to the Consolidated Financial Statements.
The chief operating decision maker (CODM), who is the Company's Chairman and Chief Executive Officer, evaluates operational performance based on each segment's earnings (loss) before interest and taxes (EBIT). We define EBIT as operating profit less interest and sundry (income) expense and excluding restructuring costs, asset impairment charges and certain other items, if any, that management believes are not indicative of the region's ongoing performance. Cost of products sold is the significant expense regularly reviewed by the CODM and consists of costs associated with products sold, including but not limited to materials, labor, freight and warehousing. Other segment expenses/ (income) primarily include selling, general and administrative items.
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. Intersegment sales are eliminated within each segment.
The table below summarizes performance by operating segment for the periods presented:
 OPERATING SEGMENTS

Millions of dollars
MDA North
America
MDA Latin AmericaMDA Asia
MDA Europe (1)
SDA GlobalOther/
Eliminations
Total
Whirlpool
Net sales
2024$10,236 $3,498 $1,056 $804 $1,013 $ $16,607 
202310,761 3,352 969 3,403 970 — 19,455 
202210,762 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 
20238,927 2,853 845 3,053 640 (33)16,285 
20228,880 2,634 890 3,584 692 (29)16,651 
Other segment expenses/(income)
2024$787 $287 $101 $87 $209 $1,047 $2,518 
2023826 312 102 325 191 498 2,254 
2022703 261 104 287 188 2,586 4,129 
EBIT
2024$665 $245 $41 $(9)$145 $(1,024)$63 
20231,008 187 22 25 139 (465)916 
20221,179 184 37 (92)193 (2,557)(1,056)
Intersegment sales
2024$117 $1,224 $43 $23 $13 $(1,420)$ 
2023210 1,530 43 81 — (1,864)— 
2022261 1,494 42 85 — (1,882)— 
Total assets
2024$9,693 $3,813 $1,147 $ $1,087 $561 $16,301 
202310,216 4,037 1,054 685 1,134 186 17,312 
202210,130 3,522 1,036 2,553 1,102 (1,219)17,124 
Capital expenditures
2024$178 $181 $13 $22 $14 $43 $451 
2023216 133 104 16 72 549 
2022218 121 27 127 25 52 570 
Depreciation and amortization
2024$175 $63 $19 $ $17 $59 $333 
2023200 66 21 — 13 61 361 
2022189 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.
Sales to Lowe's, a North American retailer, represented approximately 13%, 13%, and 14% of our consolidated net sales in 2024, 2023 and 2022, respectively. Lowe's represented approximately 38% and 38% of our consolidated accounts receivable as of December 31, 2024 and 2023, respectively.
The United States individually comprised at least 10% of consolidated net sales in 2024, 2023 and 2022 in the amounts of $10.1 billion, $10.5 billion and $10.5 billion, respectively.
Brazil individually comprised at least 10% of consolidated net sales in 2024 in the amount of $2.5 billion.
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 dollarsUnited StatesMexicoAll Other CountriesTotal
2024
Long-lived assets$1,986$522$607$3,115

Millions of dollarsUnited StatesMexicoAll Other CountriesTotal
2023
Long-lived assets$1,829$429$698$2,956

Assets of $3.3 billion and $3.4 billion associated with our European major domestic appliance business were classified as assets held for sale and recorded at fair value less costs to sell as of December 31, 2023 and December 31, 2022, respectively.
For additional information, see Notes 10 and 16 to the Consolidated Financial Statements.
The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:
Twelve Months Ended December 31,
in millions202420232022
Items not allocated to segments:
Restructuring charges$(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 matters2 (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 millions202420232022
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 $(1,056)
Interest expense358 351 190 
Income tax expense10 77 265 
Net earnings (loss)$(305)$488 $(1,511)
Less: Net earnings (loss) available to noncontrolling interests18 
Net earnings (loss) available to Whirlpool$(323)$481 $(1,519)