v3.25.2
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our reportable segments consist of Major Domestic Appliances ("MDA") North America; MDA Latin America; MDA Asia; and Small Domestic Appliances ("SDA") Global. 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 14 to the Consolidated Condensed Financial Statements.
The chief operating decision maker (CODM) is the Company's Chairman and Chief Executive Officer, who evaluates operational performance based on each segment's earnings (loss) before interest and taxes (EBIT). We define segment 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 segment'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 tables below summarize performance by operating segment for the periods presented:
Three Months Ended June 30,
 OPERATING SEGMENTS
MDA North
America		MDA Latin
America		MDA AsiaSDA GlobalOther / EliminationsTotal
Whirlpool
Net sales
2025$2,446 $806 $320 $201 $— $3,773 
20242,567 895 340 187 — 3,989 
Cost of Products Sold
2025$2,085 $691 $271 $121 $(6)$3,162 
20242,202 761 292 108 — 3,363 
Other segment expenses/(income)
2025$216 $67 $26 $45 $66 $420 
2024201 82 28 53 150 514 
EBIT
2025$144 $48 $23 $35 $(60)$190 
2024163 52 21 26 (150)112 
Intersegment sales
2025$22 $305 $9 $— $(336)$— 
202434 318 12 1 (365)— 
Total assets
June 30, 2025$10,003 $3,826 $1,247 $1,211 $472 $16,759 
December 31, 2024
9,693 3,813 1,147 1,087 561 16,301 
Capital expenditures
2025$36 $31 $4 $7 $4 $82 
202453 47 1 1 11 113 
Depreciation and amortization
2025$42 $14 $5 $5 $14 $80 
202442 14 4 5 16 81 
Six Months Ended June 30,
 OPERATING SEGMENTS
MDA North
America		MDA Latin AmericaMDA Asia
MDA Europe (1)
SDA GlobalOther / EliminationsTotal
Whirlpool
Net sales
2025$4,864 $1,543 $588 $— $397 $— $7,393 
20244,994 1,732 579 804 369 — 8,478 
Cost of Products Sold
2025$4,129 $1,322 $495 $— $239 $(9)$6,176 
20244,300 1,469 499 726 220 (3)7,211 
Other segment expenses/(income)
2025$442 $124 $52 $— $87 $122 $827 
2024396 146 48 87 89 476 1,242 
EBIT
2025$293 $96 $42 $— $71 $(112)$390 
2024298 116 31 (9)60 (472)24 
Intersegment sales
2025$53 $635 $21 $— $— $(709)$— 
202467 622 22 23 11 (745)— 
Total assets
June 30, 2025$10,003 $3,826 $1,247 $— $1,211 $472 $16,759 
December 31, 20249,693 3,813 1,147 — 1,087 561 16,301 
Capital expenditures
2025$75 $59 $7 $— $9 $4 $154 
202495 87 4 22 3 17 228 
Depreciation and amortization
2025$86 $30 $9 $— $9 $29 $163 
202490 32 10 — 8 30 170 
(1) MDA Europe consisted of our European major domestic appliance business which was contributed to Beko Europe as of April 1, 2024. See Note 14 to the Consolidated Condensed Financial Statements for additional information on the transaction.
The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:
Three Months Ended June 30, Six Months Ended June 30,
in millions2025202420252024
Items not allocated to segments:
Restructuring charges$(2)$(50)$(10)$(73)
(Loss) gain on sale and disposal of businesses— (45)— (292)
Corporate expenses and other(58)(55)(102)(107)
Total other/eliminations$(60)$(150)$(112)$(472)
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 June 30, Six Months Ended June 30,
in millions2025202420252024
Operating profit$204 $130 $389 $14 
Interest and sundry (income) expense(4)7 (36)(21)
Equity method investment income (loss), net of tax(18)(11)(35)(11)
Total EBIT$190 $112 $390 $24 
Interest expense86 93 164 183 
Income tax expense29 (206)72 (130)
Net earnings (loss)$75 $225 $153 $(29)
Less: Net earnings available to noncontrolling interests9 6 17 11 
Net earnings (loss) available to Whirlpool$65 $219 $137 $(40)