v3.26.1
STOCKHOLDERS' EQUITY (Tables)
 6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
The following table summarizes the changes in stockholders' equity for the periods presented:
Whirlpool Stockholders' Equity
TotalRetained
Earnings		Accumulated Other Comprehensive Income (Loss)Treasury Stock / Additional Paid-In-CapitalCommon
Stock		Mandatory Convertible Preferred StockNon-Controlling Interest
Balances, December 31, 2025$2,715 $1,330 $(1,624)$2,955 $65 $— $(11)
Comprehensive income (loss)
Net earnings (loss)(82)(82)— — — — — 
Other comprehensive income (loss)99 — 99 — — — — 
Comprehensive income (loss)17 (82)99 — — — — 
Stock issued (repurchased)(1)
1,102 — — 1,093 8 1 — 
Dividends accumulated on Mandatory convertible preferred stock
(4)(4)— — — — — 
Dividends declared on common stock(58)(58)— — — — — 
Balances, March 31, 2026$3,772 $1,187 $(1,525)$4,048 $73 $1 $(11)
Comprehensive income (loss)
Net earnings (loss)88 88 — — — — — 
Other comprehensive income 49 — 49 — — — — 
Comprehensive income (loss)136 88 49 — — — — 
Stock issued (repurchased)26 — — 26 — — — 
Dividends accumulated on Mandatory convertible preferred stock(2)(2)— — — — — 
Dividends declared(10)(10)— — — — — 
Balances, June 30, 2026$3,923 $1,262 $(1,476)$4,074 $73 $1 $(11)
(1)Primarily consists of stock issuance which occurred on February 27, 2026, which included common stock as well as Mandatory Convertible Preferred Stock.
Whirlpool Stockholders' Equity
TotalRetained
Earnings		Accumulated Other Comprehensive Income (Loss)Treasury Stock / Additional Paid-In-CapitalCommon
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(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 
Comprehensive income (loss)
Net earnings (loss)75 65 — — — 9 
Other comprehensive income(247)— (247)— — — 
Comprehensive income (loss)(173)65 (247)— — 9 
Stock issued (repurchased)26 — — 26 — — 
Dividends declared(99)(97)— — — (2)
Balances, June 30, 2025$2,583 $1,253 $(1,904)$2,905 $65 $264 
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 June 30,
20262025
Millions of dollarsPre-taxTax EffectNetPre-taxTax EffectNet
Currency translation adjustments$43 $— $43 $(217)$— $(217)
Cash flow hedges(5)2 (3)(52)15 (37)
Pension and other postretirement benefits plans12 (3)9 10 (3)7 
Other comprehensive income (loss)50 (1)49 (259)12 (247)
Less: Other comprehensive income (loss) available to noncontrolling interests— — — — — — 
Other comprehensive income (loss) available to Whirlpool$50 $(1)$49 $(259)$12 $(247)
Six Months Ended June 30,
20262025
Millions of dollarsPre-taxTax EffectNetPre-taxTax EffectNet
Currency translation adjustments$104 $— $104 $(299)$— $(299)
Cash flow hedges35 (7)28 (105)31 (74)
Pension and other postretirement benefits plans23 (6)17 19 (5)14 
Other comprehensive income (loss)162 (13)149 (385)26 (359)
Less: Other comprehensive income (loss) available to noncontrolling interests— — — — — — 
Other comprehensive income (loss) available to Whirlpool$162 $(13)$149 $(385)$26 $(359)
Schedule of Conversion Rate Per Share of Mandatory Convertible Preferred Stock
The following table illustrates the conversion rate per share of the Mandatory Convertible Preferred Stock, subject to certain anti-dilution adjustments, based on the applicable market value of the common stock:
Applicable Market Value of Common StockConversion Rate per Share of Mandatory Convertible Preferred Stock
Greater than $81.0767 (the "Threshold Appreciation Price")
12.3340 shares of common stock
Equal to or less than the Threshold Appreciation Price but greater than or equal to the Initial Price
Between 12.3340 and 14.4920 shares of common stock, determined by dividing $1,000 by the applicable market value
Less than $69.0036 (the "Initial Price")
14.4920 shares of common stock
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 and six months ended June 30, 2026:
Three Months EndedSix Months Ended
Millions of dollars(Gain) Loss Reclassified(Gain) Loss ReclassifiedClassification in Earnings
Pension and postretirement benefits, pre-tax$12 $23 Interest and sundry (income) expense
Other comprehensive income related to divestitures4 4 (Gain) loss on sale and disposal of businesses
Total$16 $27 
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 June 30, Six Months Ended June 30,
Millions of dollars and shares2026202520262025
Numerator:
Net earnings (loss) available to Whirlpool common shareholders$75 $65 $(11)$137 
Denominator:
Denominator for basic earnings per share - weighted-average shares65.0 55.9 62.3 55.7 
Effect of dilutive securities - share-based compensation0.2 0.2 — 0.2 
Denominator for diluted earnings per share - adjusted weighted-average shares65.2 56.1 62.3 55.9 
Anti-dilutive stock options/awards excluded from earnings per share2.0 1.2 1.2 1.2