Operating Segment Information

9 Months Ended

Sep. 30, 2016

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.

The tables below summarize performance by operating segment for the periods presented:

	Three Months Ended September 30,
	OPERATING SEGMENTS
Millions of dollars	North America		EMEA		Latin America		Asia			Other/ Eliminations			Total Whirlpool
Net sales
2016	$	2,850	$	1,319	$	800	$	338		$	(59	)	$	5,248
2015	2,791		1,452		751		346			(63		)	5,277
Intersegment sales
2016	41		16		50		82			(189		)	—
2015	51		9		55		77			(192		)	—
Depreciation and amortization
2016	65		66		19		15			(1		)	164
2015	64		47		13		15			26			165
Operating profit (loss)
2016	346		40		45		15			(76		)	370
2015	349		32		31		24			(107		)	329
Total assets
September 30, 2016	8,172		8,666		2,563		2,896			(2,107		)	20,190
December 31, 2015	7,683		7,351		2,260		2,738			(1,022		)	19,010
Capital expenditures
2016	43		37		28		26			21			155
2015	52		36		26		(9		)	18			123

	Nine Months Ended September 30,
	OPERATING SEGMENTS
Millions of dollars	North America		EMEA		Latin America		Asia		Other/ Eliminations			Total Whirlpool
Net sales
2016	$	8,020	$	3,788	$	2,331	$	1,072	$	(149	)	$	15,062
2015	7,819		4,059		2,504		1,105		(156		)	15,331
Intersegment sales
2016	128		47		153		217		(545		)	—
2015	170		34		157		205		(566		)	—
Depreciation and amortization
2016	199		155		53		48		41			496
2015	195		154		50		46		51			496
Operating profit (loss)
2016	936		141		137		56		(251		)	1,019
2015	912		100		126		75		(308		)	905
Total assets
September 30, 2016	8,172		8,666		2,563		2,896		(2,107		)	20,190
December 31, 2015	7,683		7,351		2,260		2,738		(1,022		)	19,010
Capital expenditures
2016	114		82		71		41		53			361
2015	169		108		69		9		36			391