v3.26.1
SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our reportable segments consist of Major Domestic Appliances ("MDA") North America; MDA Latin America; and Small Domestic Appliances ("SDA") Global. As of December 31, 2025, the operations previously reported within the MDA Asia segment are no longer reported as a segment as a result of the deconsolidation of Whirlpool India. All prior period amounts have been reclassified to conform with current period presentation. 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.
Total assets by segment are those assets directly associated with the respective operating activities. The "Other" column primarily includes operations previously reported in our MDA Asia segment, corporate expenses, assets, as well as restructuring costs, asset impairment charges and certain other items that management believes are not indicative of the segment's ongoing performance. The "Eliminations" column includes intercompany activity. 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
SDA GlobalOtherEliminationsTotal
Whirlpool
Net sales
2026$2,408 $868 $202 $38 $ $3,517 
20252,446 806 201 320 — 3,773 
Cost of Products Sold
2026$2,148 $772 $125 $29 $ $3,075 
20252,085 691 121 266 — 3,162 
Other segment expenses/(income)
2026$196 $70 $53 $(31)$ $288 
2025216 67 45 92 — 420 
EBIT
2026$64 $26 $24 $39 $ $154 
2025144 48 35 (36)— 190 
Intersegment sales
2026$30 $280 $ $9 $(319)$ 
202522 305 — (336)— 
Total assets
June 30, 2026$10,269 $3,950 $1,385 $9,772 $(8,050)$17,326 
December 31, 2025
9,994 3,962 1,248 8,474 (7,677)16,001 
Capital expenditures
2026$59 $28 $6 $1 $ $94 
202536 31 — 82 
Depreciation and amortization
2026$55 $18 $5 $6 $ $84 
202542 14 19 — 80 
Six Months Ended June 30,
OPERATING SEGMENTS
MDA North
America
MDA Latin AmericaSDA GlobalOtherEliminationsTotal
Whirlpool
Net sales
2026$4,646 $1,642 $424 $78 $ $6,790 
20254,864 1,543 397 588 — 7,393 
Cost of Products Sold
2026$4,176 $1,441 $255 $60 $ $5,933 
20254,129 1,322 239 487 — 6,176 
Other segment expenses/(income)
2026$399 $128 $98 $69 $ $694 
2025442 124 87 174 — 827 
EBIT
2026$70 $73 $71 $(51)$ $163 
2025293 96 71 (70)— 390 
Intersegment sales
2026$71 $562 $ $18 $(652)$ 
202553 635 — 21 (709)— 
Total assets
June 30, 2026$10,269 $3,950 $1,385 $9,772 $(8,050)$17,326 
December 31, 20259,994 3,962 1,248 8,474 (7,677)16,001 
Capital expenditures
2026$96 $55 $11 $1 $ $162 
202575 59 11 — 154 
Depreciation and amortization
2026$122 $37 $10 $15 $ $185 
202586 30 38 — 163 
The following table summarizes the reconciling items in the Other column for total EBIT for the periods presented:
Three Months Ended June 30, Six Months Ended June 30,
in millions2026202520262025
Items not allocated to segments:
Restructuring costs$(41)$(2)$(73)$(10)
Gain on sale and disposal of businesses139 — 139 — 
MDA Asia4 23 8 42 
Corporate expenses and other(63)(58)(125)(102)
Total other$39 $(36)$(51)$(70)
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 millions2026202520262025
Operating profit$163 $204 $181 $389 
Interest and sundry (income) expense5 (4)(3)(36)
Equity method investment income (loss), net of tax(5)(18)(22)(35)
Total EBIT$154 $190 $163 $390 
Interest expense63 86 140 164 
Income tax expense3 29 17 72 
Net earnings (loss)$88 $75 $6 $153 
Less: Net earnings available to noncontrolling interests  17 
Net earnings (loss) available to Whirlpool shareholders
$88 $65 $6 $137