XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Comprehensive Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net sales $ 4,682 $ 4,748 $ 9,045 $ 8,996
Expenses        
Cost of products sold 3,895 3,931 7,503 7,453
Gross margin 787 817 1,542 1,543
Selling, general and administrative 457 453 896 874
Intangible amortization 5 5 11 14
Restructuring costs 34 31 63 73
Operating profit 291 328 572 582
Other income (expense)        
Interest and sundry income (expense) (16) (39) (39) (57)
Interest expense (40) (44) (84) (90)
Earnings before income taxes 235 245 449 435
Income tax expense (benefit) 50 39 100 (28)
Net earnings 185 206 349 463
Less: Net earnings available to noncontrolling interests 6 8 10 13
Net earnings available to Whirlpool 179 198 339 450
Per share of common stock        
Basic net earnings available to Whirlpool $ 2.29 $ 2.48 $ 4.34 $ 5.66
Diluted net earnings available to Whirlpool $ 2.25 $ 2.44 $ 4.27 $ 5.56
Dividends declared $ 0.75 $ 0.625 $ 1.375 $ 1.125
Weighted-average shares outstanding (in millions)        
Basic 78.3 79.8 78.2 79.5
Diluted 79.6 81.1 79.6 81.0
Comprehensive income        
Comprehensive income $ 184 $ 115 $ 390 $ 341