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Operating Segment Information
6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
OPERATING SEGMENT INFORMATION
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated on a regular basis by the chief operating decision maker, or decision making group, in deciding how to allocate resources to an individual segment and in assessing performance.
We identify such segments based upon geographical regions of operations because each operating segment manufactures home appliances and related components, but serves strategically different markets. The chief operating decision maker evaluates performance based upon each segment’s operating profit (loss). Intersegment sales are eliminated within each region except compressor sales out of Latin America, which are included in Other/Eliminations. The Other/Eliminations column primarily includes corporate expenses, eliminations and restructuring expenses. Total assets by segment are those assets directly associated with the respective operating activities.
The tables below summarize performance by operating segment for the periods presented:
 
 
Three Months Ended June 30,
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
Latin
America
 
EMEA
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
2,465

 
$
1,154

 
$
692

 
$
241

 
$
(41
)
 
$
4,511

2011
 
2,370

 
1,307

 
841

 
257

 
(45
)
 
4,730

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
67

 
$
44

 
$
32

 
$
62

 
$
(205
)
 
$

2011
 
56

 
51

 
46

 
54

 
(207
)
 

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
63

 
$
25

 
$
26

 
$
5

 
$
27

 
$
146

2011
 
72

 
26

 
28

 
6

 
13

 
145

Operating profit
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
235

 
$
103

 
$
(26
)
 
$
14

 
$
(131
)
 
$
195

2011
 
76

 
166

 
20

 
14

 
(53
)
 
223

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
$
7,913

 
$
3,534

 
$
2,539

 
$
812

 
$
(191
)
 
$
14,607

December 31, 2011
 
7,894

 
3,620

 
2,839

 
797

 
31

 
15,181

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
49

 
$
17

 
$
17

 
$
6

 
$
6

 
$
95

2011
 
78

 
25

 
20

 
5

 
16

 
144


 
 
Six Months Ended June 30,
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
Latin
America
 
EMEA
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
4,704

 
$
2,413

 
$
1,380

 
$
443

 
$
(80
)
 
$
8,860

2011
 
4,628

 
2,534

 
1,584

 
465

 
(81
)
 
9,130

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
127

 
$
86

 
$
73

 
$
114

 
$
(400
)
 
$

2011
 
108

 
92

 
96

 
96

 
(392
)
 

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
130

 
$
50

 
$
50

 
$
10

 
$
57

 
$
297

2011
 
141

 
52

 
53

 
11

 
29

 
286

Operating profit
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
386

 
$
224

 
$
(21
)
 
$
23

 
$
(212
)
 
$
400

2011
 
134

 
339

 
44

 
25

 
(92
)
 
450

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
$
7,913

 
$
3,534

 
$
2,539

 
$
812

 
$
(191
)
 
$
14,607

December 31, 2011
 
7,894

 
3,620

 
2,839

 
797

 
31

 
15,181

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
97

 
$
35

 
$
28

 
$
13

 
$
14

 
$
187

2011
 
145

 
42

 
32

 
9

 
31

 
259