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Operating Segment Information
12 Months Ended
Dec. 31, 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 evaluates performance based upon each segment’s operating income, 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.
We conduct business in two countries, the United States and Brazil, which individually comprised over 10% of consolidated net sales or long-lived assets within the last three years. The following table summarizes net sales and long-lived assets by geographic area: 
Millions of dollars         
 
United States
 
Brazil
 
All Other
Countries
 
Total
2014:
 
 
 
 
 
 
 
 
Sales to external customers
 
$
9,064

 
$
3,204

 
$
7,604

 
$
19,872

Long-lived assets
 
4,529

 
321

 
4,741

 
9,591

2013:
 
 
 
 
 
 
 
 
Sales to external customers
 
$
8,577

 
$
3,295

 
$
6,897

 
$
18,769

Long-lived assets
 
4,461

 
335

 
1,671

 
6,467

2012:
 
 
 
 
 
 
 
 
Sales to external customers
 
$
8,005

 
$
3,337

 
$
6,801

 
$
18,143

Long-lived assets
 
4,412

 
377

 
1,694

 
6,483


As described above, our chief operating decision maker reviews each operating segment’s performance based upon operating income which excludes restructuring costs and intangible asset impairment, if any. Intangible asset impairment and restructuring costs are included in operating profit on a consolidated basis and included in the Other/Eliminations column in the table below:
 
 
OPERATING SEGMENTS

Millions of dollars
 
North
America
 
Latin
America
 
EMEA
 
Asia
 
Other/
Eliminations
 
Total
Whirlpool
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
10,634


4,686


3,905


816


(169
)

19,872

2013
 
10,178


4,928


3,024


807


(168
)

18,769

2012
 
9,631

 
4,950

 
2,874

 
847

 
(159
)
 
18,143

Intersegment sales
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
$
244


$
180


$
79


$
266


$
(769
)

$

2013
 
256


174


79


257


(766
)


2012
 
262

 
171

 
104

 
226

 
(763
)
 

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
$
263


$
86


$
104


$
29


$
78


$
560

2013
 
238


91


95


18


98


540

2012
 
260

 
97

 
93

 
18

 
83

 
551

Operating profit (loss)
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
$
1,072


$
475


$
59


$
(21
)

$
(397
)

$
1,188

2013
 
1,070


557


(4
)

34


(408
)

1,249

2012
 
846

 
476

 
(51
)
 
37

 
(439
)
 
869

Total assets
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
$
7,736

 
$
2,917

 
$
7,597

 
$
2,734

 
$
(982
)
 
$
20,002

2013
 
7,785

 
3,380

 
2,955

 
921

 
503

 
15,544

2012
 
7,766

 
3,845

 
2,956

 
802

 
27

 
15,396

Capital expenditures
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
$
271


$
133


$
187


$
29


$
100


$
720

2013
 
254


108


101


25


90


578

2012
 
219

 
100

 
88

 
24

 
45

 
476