Operating Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Operating Segment Information

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, or decision making group, evaluates performance based upon each segment’s operating profit (loss), which is defined as income before interest and sundry income (expense), interest expense, income taxes, noncontrolling interests, intangible asset impairment, and restructuring costs. 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 and intangible asset impairments, if any. Intersegment sales are eliminated within each region except compressor sales out of Latin America, which are included in Other/Eliminations.

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
2014	$	2,675	$	1,092	$	746		$	211	$	(42	)	$	4,682
2013	2,591		1,222		731			246		(42		)	4,748
Intersegment sales
2014	58		43		23			67		(191		)	—
2013	60		44		19			64		(187		)	—
Depreciation and amortization
2014	61		22		13			6		32			134
2013	64		23		22			5		12			126
Operating profit (loss)
2014	285		87		2			4		(87		)	291
2013	262		135		(6		)	14		(77		)	328
Total assets
June 30, 2014	8,085		3,212		2,755			870		686			15,608
December 31, 2013	7,785		3,380		2,955			921		503			15,544
Capital expenditures
2014	67		28		25			5		17			142
2013	42		26		15			5		18			106

	Six Months Ended June 30,
	OPERATING SEGMENTS
Millions of dollars	North America		Latin America		EMEA			Asia		Other/ Eliminations			Total Whirlpool
Net sales
2014	$	5,006	$	2,279	$	1,466		$	377	$	(83	)	$	9,045
2013	4,826		2,419		1,399			433		(81		)	8,996
Intersegment sales
2014	115		85		49			$	131	(380		)	—
2013	132		85		37			117		(371		)	—
Depreciation and amortization
2014	121		44		37			11		48			261
2013	122		48		47			9		29			255
Operating profit (loss)
2014	513		210		9			9		(169		)	572
2013	480		265		(14		)	17		(166		)	582
Total assets
June 30, 2014	8,085		3,212		2,755			870		686			15,608
December 31, 2013	7,785		3,380		2,955			921		503			15,544
Capital expenditures
2014	115		62		48			7		33			265
2013	76		42		28			8		26			180