XML 70 R35.htm IDEA: XBRL DOCUMENT v3.25.1

SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Information

The table below summarizes performance by operating segment for the periods presented:

						Three Months Ended March 31,
						OPERATING SEGMENTS
						MDA North America						MDA Latin America						MDA Asia						MDA Europe (1)						SDA Global						Other / Eliminations						Total Whirlpool
Net sales
2025						$	2,419					$	737					$	268					$	—					$	196					$	—					$	3,621
2024						2,428						837						239						804						182						—						4,490
Cost of Products Sold
2025						$	2,044					$	631					$	224					$	—					$	118					$	(3)					$	3,014
2024						2,098						708						207						726						113						(4)						3,848
Other segment expenses/(income)
2025						$	226					$	57					$	26					$	—					$	42					$	57					$	408
2024						195						64						21						87						36						326						729
EBIT
2025						$	149					$	49					$	19					$	—					$	36					$	(53)					$	199
2024						135						65						11						(9)						33						(322)						(87)
Intersegment sales
2025						$	30					$	330					$	11					$	—					$	—					$	(371)					$	—
2024						33						303						10						23						10						(379)						—
Total assets
March 31, 2025						$	9,936					$	3,832					$	1,239					$	—					$	1,012					$	494					$	16,514
December 31, 2024						9,693						3,813						1,147						—						1,087						561						16,301
Capital expenditures
2025						$	39					$	28					$	3					$	—					$	2					$	—					$	72
2024						42						40						3						22						2						6						115
Depreciation and amortization
2025						$	44					$	16					$	4					$	—					$	4					$	15					$	83
2024						48						18						6						—						3						14						89

(1) MDA Europe consisted of our European major domestic appliance business which was contributed to Beko Europe as of April 1, 2024. See Note 14 to the Consolidated Condensed Financial Statements for additional information on the transaction.

The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:

									Three Months Ended March 31,
in millions												2025			2024
Items not allocated to segments:
Restructuring charges												$	(10)		$	(23)
(Loss) gain on sale and disposal of businesses												—			(247)
Corporate expenses and other												(43)			(52)
Total other/eliminations												$	(53)		$	(322)

A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Condensed Statements of Comprehensive Income (Loss) is shown in the table below for the periods presented:

												Three Months Ended March 31,
in millions															2025			2024
Operating profit															$	184		$	(116)
Interest and sundry (income) expense															(32)			(29)
Equity method investment income (loss), net of tax															(17)			—
Total EBIT															$	199		$	(87)
Interest expense															77			90
Income tax expense															43			76
Net earnings (loss)															$	79		$	(253)
Less: Net earnings available to noncontrolling interests															7			6
Net earnings (loss) available to Whirlpool															$	71		$	(259)

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration