| Schedule of Segment Information |
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 Global | | Other | | Eliminations | | Total Whirlpool | | Net sales | | | | | | | | | | | | | | 2026 | | $ | 2,408 | | | $ | 868 | | | $ | 202 | | | $ | 38 | | | $ | — | | | $ | 3,517 | | | 2025 | | 2,446 | | | 806 | | | 201 | | | 320 | | | — | | | 3,773 | | | Cost of Products Sold | | | | | | | | | | | | | | 2026 | | $ | 2,148 | | | $ | 772 | | | $ | 125 | | | $ | 29 | | | $ | — | | | $ | 3,075 | | | 2025 | | 2,085 | | | 691 | | | 121 | | | 266 | | | — | | | 3,162 | | | Other segment expenses/(income) | | | | | | | | | | | | | | 2026 | | $ | 196 | | | $ | 70 | | | $ | 53 | | | $ | (31) | | | $ | — | | | $ | 288 | | | 2025 | | 216 | | | 67 | | | 45 | | | 92 | | | — | | | 420 | | | EBIT | | | | | | | | | | | | | | 2026 | | $ | 64 | | | $ | 26 | | | $ | 24 | | | $ | 39 | | | $ | — | | | $ | 154 | | | 2025 | | 144 | | | 48 | | | 35 | | | (36) | | | — | | | 190 | | | Intersegment sales | | | | | | | | | | | | | | 2026 | | $ | 30 | | | $ | 280 | | | $ | — | | | $ | 9 | | | $ | (319) | | | $ | — | | | 2025 | | 22 | | | 305 | | | — | | | 9 | | | (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 | | | 2025 | | 36 | | | 31 | | | 7 | | | 8 | | | — | | | 82 | | | Depreciation and amortization | | | | | | | | | | | | | | 2026 | | $ | 55 | | | $ | 18 | | | $ | 5 | | | $ | 6 | | | $ | — | | | $ | 84 | | | 2025 | | 42 | | | 14 | | | 5 | | | 19 | | | — | | | 80 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | | OPERATING SEGMENTS | | | MDA North America | | MDA Latin America | | | | SDA Global | | Other | | Eliminations | | Total Whirlpool | | Net sales | | | | | | | | | | | | | | | | 2026 | | $ | 4,646 | | | $ | 1,642 | | | | | $ | 424 | | | $ | 78 | | | $ | — | | | $ | 6,790 | | | 2025 | | 4,864 | | | 1,543 | | | | | 397 | | | 588 | | | — | | | 7,393 | | | Cost of Products Sold | | | | | | | | | | | | | | | | 2026 | | $ | 4,176 | | | $ | 1,441 | | | | | $ | 255 | | | $ | 60 | | | $ | — | | | $ | 5,933 | | | 2025 | | 4,129 | | | 1,322 | | | | | 239 | | | 487 | | | — | | | 6,176 | | | Other segment expenses/(income) | | | | | | | | | | | | | | | | 2026 | | $ | 399 | | | $ | 128 | | | | | $ | 98 | | | $ | 69 | | | $ | — | | | $ | 694 | | | 2025 | | 442 | | | 124 | | | | | 87 | | | 174 | | | — | | | 827 | | | EBIT | | | | | | | | | | | | | | | | 2026 | | $ | 70 | | | $ | 73 | | | | | $ | 71 | | | $ | (51) | | | $ | — | | | $ | 163 | | | 2025 | | 293 | | | 96 | | | | | 71 | | | (70) | | | — | | | 390 | | | Intersegment sales | | | | | | | | | | | | | | | | 2026 | | $ | 71 | | | $ | 562 | | | | | $ | — | | | $ | 18 | | | $ | (652) | | | $ | — | | | 2025 | | 53 | | | 635 | | | | | — | | | 21 | | | (709) | | | — | | | 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 | | $ | 96 | | | $ | 55 | | | | | $ | 11 | | | $ | 1 | | | $ | — | | | $ | 162 | | | 2025 | | 75 | | | 59 | | | | | 9 | | | 11 | | | — | | | 154 | | | Depreciation and amortization | | | | | | | | | | | | | | | | 2026 | | $ | 122 | | | $ | 37 | | | | | $ | 10 | | | $ | 15 | | | $ | — | | | $ | 185 | | | 2025 | | 86 | | | 30 | | | | | 9 | | | 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 millions | 2026 | 2025 | | 2026 | 2025 | | Items not allocated to segments: | | | | | | | Restructuring costs | $ | (41) | | $ | (2) | | | $ | (73) | | $ | (10) | | | | | | | | | | | | | | | Gain on sale and disposal of businesses | 139 | | — | | | 139 | | — | | | MDA Asia | 4 | | 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 millions | | 2026 | 2025 | | 2026 | 2025 | | Operating profit | | $ | 163 | | $ | 204 | | | $ | 181 | | $ | 389 | | | Interest and sundry (income) expense | | 5 | | (4) | | | (3) | | (36) | | | Equity method investment income (loss), net of tax | | (5) | | (18) | | | (22) | | (35) | | | Total EBIT | | $ | 154 | | $ | 190 | | | $ | 163 | | $ | 390 | | | Interest expense | | 63 | | 86 | | | 140 | | 164 | | | Income tax expense | | 3 | | 29 | | | 17 | | 72 | | | Net earnings (loss) | | $ | 88 | | $ | 75 | | | $ | 6 | | $ | 153 | | | Less: Net earnings available to noncontrolling interests | | — | | 9 | | | — | | 17 | | Net earnings (loss) available to Whirlpool shareholders | | $ | 88 | | $ | 65 | | | $ | 6 | | $ | 137 | |
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