| Schedule of Segment Information |
The table below summarizes performance by operating segment for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | OPERATING SEGMENTS | Millions of dollars | | MDA North America | | MDA Latin America | | MDA Europe (1) | | SDA Global | | Other | | Eliminations | | Total Whirlpool | | Net sales | | | | | | | | | | | | | | | | 2025 | | $ | 10,158 | | | $ | 3,272 | | | $ | — | | | $ | 1,108 | | | $ | 986 | | | $ | — | | | $ | 15,524 | | | 2024 | | 10,236 | | | 3,498 | | | 804 | | | 1,013 | | | 1,056 | | | — | | | 16,607 | | | 2023 | | 10,761 | | | 3,352 | | | 3,403 | | | 970 | | | 969 | | | — | | | 19,455 | | | Cost of Products Sold | | | | | | | | | | | | | | | | 2025 | | $ | 8,815 | | | $ | 2,812 | | | $ | — | | | $ | 700 | | | $ | 811 | | | $ | — | | | $ | 13,138 | | | 2024 | | 8,784 | | | 2,966 | | | 726 | | | 659 | | | 891 | | | — | | | 14,026 | | | 2023 | | 8,927 | | | 2,853 | | | 3,053 | | | 640 | | | 812 | | | — | | | 16,285 | | | Other segment expenses/(income) | | | | | | | | | | | | | | | | 2025 | | $ | 845 | | | $ | 259 | | | $ | — | | | $ | 231 | | | $ | 228 | | | $ | — | | | $ | 1,563 | | | 2024 | | 787 | | | 287 | | | 87 | | | 209 | | | 1,148 | | | — | | | 2,518 | | | 2023 | | 826 | | | 312 | | | 325 | | | 191 | | | 600 | | | — | | | 2,254 | | | EBIT | | | | | | | | | | | | | | | | 2025 | | $ | 499 | | | $ | 201 | | | $ | — | | | $ | 177 | | | $ | (53) | | | $ | — | | | $ | 824 | | | 2024 | | 665 | | | 245 | | | (9) | | | 145 | | | (983) | | | — | | | 63 | | | 2023 | | 1,008 | | | 187 | | | 25 | | | 139 | | | (443) | | | — | | | 916 | | | Intersegment sales | | | | | | | | | | | | | | | | 2025 | | $ | 109 | | | $ | 1,305 | | | $ | — | | | $ | 1 | | | $ | 39 | | | $ | (1,455) | | | $ | — | | | 2024 | | 117 | | | 1,224 | | | 23 | | | 13 | | | 43 | | | (1,420) | | | — | | | 2023 | | 210 | | | 1,530 | | | 81 | | | — | | | 43 | | | (1,864) | | | — | | | Total assets | | | | | | | | | | | | | | | | 2025 | | $ | 9,994 | | | $ | 3,962 | | | $ | — | | | $ | 1,248 | | | $ | 8,474 | | | $ | (7,677) | | | $ | 16,001 | | | 2024 | | 9,693 | | | 3,813 | | | — | | | 1,087 | | | 9,013 | | | (7,305) | | | 16,301 | | | 2023 | | 10,216 | | | 4,037 | | | 685 | | | 1,134 | | | 17,165 | | | (15,925) | | | 17,312 | | | Capital expenditures | | | | | | | | | | | | | | | | 2025 | | $ | 184 | | | $ | 156 | | | $ | — | | | $ | 18 | | | $ | 31 | | | $ | — | | | $ | 389 | | | 2024 | | 178 | | | 181 | | | 22 | | | 14 | | | 56 | | | — | | | 451 | | | 2023 | | 216 | | | 133 | | | 104 | | | 16 | | | 80 | | | — | | | 549 | | | Depreciation and amortization | | | | | | | | | | | | | | | | 2025 | | $ | 189 | | | $ | 62 | | | $ | — | | | $ | 18 | | | $ | 69 | | | $ | — | | | $ | 338 | | | 2024 | | 175 | | | 63 | | | — | | | 17 | | | 78 | | | — | | | 333 | | | 2023 | | 200 | | | 66 | | | — | | | 13 | | | 82 | | | — | | | 361 | |
(1) MDA Europe consisted of our European major domestic appliance business which was contributed to Beko Europe as of April 1, 2024. See Note 16 to the Consolidated Financial Statements for additional information on the transaction. The following table summarizes the reconciling items in the Other column for total EBIT for the periods presented: | | | | | | | | | | | | | Twelve Months Ended December 31, | | in millions | 2025 | 2024 | 2023 | | Items not allocated to segments: | | | | | Restructuring charges | $ | (63) | | $ | (79) | | $ | (16) | | | (Loss) gain on sale and disposal of businesses | 280 | | (264) | | (106) | | | Impairment of goodwill and other intangibles | (106) | | (381) | | — | | | Equity method investment income (loss) | (34) | | (107) | | (28) | | | Legacy EMEA legal matters | (2) | | 2 | | (94) | | | | | | | | | | | MDA Asia | 50 | | 41 | | 22 | | | Corporate expenses and other | (179) | | (195) | | (221) | | | Total other | $ | (53) | | $ | (983) | | $ | (443) | |
A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Statements of Income (Loss) is shown in the table below for the periods presented: | | | | | | | | | | | | | | | | | Twelve Months Ended December 31, | | in millions | | 2025 | 2024 | 2023 | | Operating profit | | $ | 838 | | $ | 143 | | $ | 1,015 | | | Interest and sundry (income) expense | | (20) | | (27) | | 71 | | | Equity method investment income (loss), net of tax | | (34) | | (107) | | (28) | | | Total EBIT | | $ | 824 | | $ | 63 | | $ | 916 | | | Interest expense | | 341 | | 358 | | 351 | | | Income tax expense | | 142 | | 10 | | 77 | | | Net earnings (loss) | | $ | 341 | | $ | (305) | | $ | 488 | | | Less: Net earnings (loss) available to noncontrolling interests | | 23 | | 18 | | 7 | | | Net earnings (loss) available to Whirlpool | | $ | 318 | | $ | (323) | | $ | 481 | |
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| Schedule of Long-Lived Assets by Geographic Areas |
The following table summarizes the countries that represent at least 10% of consolidated long-lived assets for the years ended December 31, 2025 and 2024. Long-lived assets includes property, plant and equipment and right-of-use assets at December 31, 2025 and 2024. | | | | | | | | | | | | | | | | | | | | | | | | | | | Millions of dollars | | United States | | Mexico | | | | All Other Countries | Total | | 2025 | | | | | | | | | | | Long-lived assets | | $2,059 | | $555 | | | | $376 | $2,990 | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Millions of dollars | | United States | | | | Mexico | | | | All Other Countries | Total | | 2024 | | | | | | | | | | | | | Long-lived assets | | $1,986 | | | | $522 | | | | $607 | $3,115 | | | | | | | | | | | | | | | | | | | | | | | | |
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