XML 31 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net sales $ 4,495 $ 4,625 $ 13,355 $ 13,755
Expenses        
Cost of products sold 3,791 4,052 11,271 11,891
Gross margin 704 573 2,084 1,864
Selling, general and administrative 420 394 1,272 1,199
Intangible amortization 8 7 23 21
Restructuring costs 62 36 175 58
Operating profit 214 136 614 586
Other income (expense)        
Interest and sundry income (expense) (39) (27) (80) (584)
Interest expense (48) (51) (150) (160)
Earnings (loss) before income taxes 127 58 384 (158)
Income tax expense (benefit) 47 (123) 87 (353)
Net earnings 80 181 297 195
Less: Net earnings available to noncontrolling interests 6 4 18 10
Net earnings available to Whirlpool 74 177 279 185
Per share of common stock        
Basic net earnings available to Whirlpool $ 0.95 $ 2.31 $ 3.58 $ 2.41
Diluted net earnings available to Whirlpool $ 0.94 $ 2.27 $ 3.53 $ 2.37
Dividends $ 0.50 $ 0.50 $ 1.50 $ 1.43
Weighted-average shares outstanding (in millions)        
Basic 78.3 76.9 77.9 76.8
Diluted 79.3 78.1 79.0 78.1
Comprehensive Income (Loss) $ 135 $ (129) $ 202 $ 95