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SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Property

The following table summarizes our property at December 31, 2024 and 2023:

Millions of dollars						2024						2023						Estimated Useful Life
Land						$	36					$	29					n/a
Buildings						981						893						10 to 50 years
Machinery and equipment						6,673						6,571						3 to 20 years
Accumulated depreciation						(5,414)						(5,259)
Property plant and equipment, net						$	2,275					$	2,234

Schedule of Supplier Finance Program

The following table summarizes the changes in outstanding obligations for the periods presented:

Millions of dollars			Outstanding Obligations
Confirmed obligations outstanding as of December 31, 2023			$	843
Invoices confirmed during the period			2,452
Confirmed invoices paid during the period			(2,431)
Impact of foreign currency			(70)
Confirmed obligations outstanding as of December 31, 2024			$	794

Schedule of Equity Method Investments

The following table summarizes the amounts related to the Company's primary equity method investments during the periods presented.

Millions of dollars						December 31, 2024									December 31, 2023
						Percentage Ownership						Carrying Amount			Percentage Ownership						Carrying Amount
			Beko Europe B.V.						25		%				$	74		N/A						N/A
Whirlpool China						20		%				$	191		20		%				$	187

The following table summarizes the amounts recorded related to the Company's primary equity method investments during the periods presented.

Millions of dollars			Twelve Months Ended December 31,
			2024						2023
Accounts Payable			$	101					$	91
Purchases			$	261					$	303

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