XML 67 R32.htm IDEA: XBRL DOCUMENT
v3.25.1

STOCKHOLDERS' EQUITY (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Stockholders' Equity Note [Abstract] |
Schedule of Stockholders Equity | The following table summarizes the changes in stockholders' equity for the periods presented:
|  |  |  | Whirlpool Stockholders' Equity |  |
|  | Total |  | Retained Earnings |  | Accumulated Other Comprehensive Income (Loss) |  | Treasury Stock / Additional Paid-In-Capital |  | Common Stock |  | Non-Controlling Interest
Balances, December 31, 2024 |  | $ | 2,933 |  |  | $ | 1,311 |  |  | $ | (1,545) |  |  | $ | 2,853 |  |  | $ | 64 |  |  | $ | 250 |
Comprehensive income (loss) |  |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) |  | 79 |  |  | 71 |  |  | — |  |  | — |  |  | — |  |  | 7 |
Other comprehensive income (loss) |  | (112) |  |  | — |  |  | (112) |  |  | — |  |  | — |  |  | — |
Comprehensive income (loss) |  | (34) |  |  | 71 |  |  | (112) |  |  | — |  |  | — |  |  | 7 |
Stock issued (repurchased) |  | 27 |  |  | — |  |  | — |  |  | 26 |  |  | 1 |  |  | — |
Dividends declared |  | (97) |  |  | (97) |  |  | — |  |  | — |  |  | — |  |  | — |
Balances, March 31, 2025 |  | $ | 2,829 |  |  | $ | 1,285 |  |  | $ | (1,657) |  |  | $ | 2,879 |  |  | $ | 65 |  |  | $ | 257 |
|  |  |  | Whirlpool Stockholders' Equity |  |
|  | Total |  | Retained Earnings |  | Accumulated Other Comprehensive Income (Loss) |  | Treasury Stock / Additional Paid-In-Capital |  | Common Stock |  | Non-Controlling Interest
Balances, December 31, 2023 |  | $ | 2,537 |  |  | $ | 8,358 |  |  | $ | (2,178) |  |  | $ | (3,932) |  |  | $ | 114 |  |  | $ | 175 |
Comprehensive income (loss) |  |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) |  | (253) |  |  | (259) |  |  | — |  |  | — |  |  | — |  |  | 6 |
Other comprehensive income |  | 3 |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | — |
Comprehensive income (loss) |  | (250) |  |  | (259) |  |  | 3 |  |  | — |  |  | — |  |  | 6 |
Stock issued (repurchased) |  | (45) |  |  | — |  |  | — |  |  | (45) |  |  | — |  |  | — |
Sale of minority interest in subsidiary |  | 462 |  |  | — |  |  | 18 |  |  | 370 |  |  | — |  |  | 74 |
Dividends declared |  | (94) |  |  | (95) |  |  | — |  |  | — |  |  | — |  |  | 1 |
Balances, March 31, 2024 |  | $ | 2,610 |  |  | $ | 8,004 |  |  | $ | (2,157) |  |  | $ | (3,607) |  |  | $ | 114 |  |  | $ | 256 |
Schedule of Other Comprehensive Income (Loss) | The following table summarizes our other comprehensive income (loss) and related tax effects for the periods presented:
|  | Three Months Ended March 31,
|  | 2025 |  | 2024
Millions of dollars |  | Pre-tax | Tax Effect | Net |  | Pre-tax | Tax Effect | Net
Currency translation adjustments |  | $ | (82) |  | $ | — |  | $ | (82) |  |  | $ | (29) |  | $ | — |  | $ | (29) |
Cash flow hedges |  | (53) |  | 16 |  | (37) |  |  | 33 |  | (9) |  | 24 |
Pension and other postretirement benefits plans |  | 9 |  | (2) |  | 7 |  |  | 10 |  | (2) |  | 8 |
Other comprehensive income (loss) |  | (126) |  | 14 |  | (112) |  |  | 14 |  | (11) |  | 3 |
Less: Other comprehensive income (loss) available to noncontrolling interests |  | — |  | — |  | — |  |  | — |  | — |  | — |
Other comprehensive income (loss) available to Whirlpool |  | $ | (126) |  | $ | 14 |  | $ | (112) |  |  | $ | 14 |  | $ | (11) |  | $ | 3 |
Schedule of Reclassifications out of Accumulated Other Comprehensive Income (Loss) | The following table provides the reclassification adjustments out of accumulated other comprehensive income (loss), by component, which was included in net earnings for the three months ended March 31, 2025:
| Three Months Ended |  |  |
Millions of dollars | (Gain) Loss Reclassified |  |  | Classification in Earnings
Pension and postretirement benefits, pre-tax | $ | 7 |  |  |  | Interest and sundry (income) expense
Total | $ | 7 |  |  |  |
Schedule of Basic and Diluted Net Earnings (Loss) Per Share | Basic and diluted net earnings (loss) per share of common stock for the periods presented were calculated as follows:
|  |  |  | Three Months Ended March 31,
Millions of dollars and shares |  |  |  |  |  | 2025 |  | 2024
Numerator for basic and diluted earnings per share - Net earnings (loss) available to Whirlpool |  |  |  |  |  | $ | 71 |  |  | $ | (259) |
Denominator for basic earnings per share - weighted-average shares |  |  |  |  |  | 55.6 |  |  | 54.9 |
Effect of dilutive securities - share-based compensation |  |  |  |  |  | 0.2 |  |  | — |
Denominator for diluted earnings per share - adjusted weighted-average shares |  |  |  |  |  | 55.8 |  |  | 54.9 |
Anti-dilutive stock options/awards excluded from earnings per share |  |  |  |  |  | 1.2 |  |  | 1.2 |

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration