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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).

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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.

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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.

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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.

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