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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
Three months ended
 
Dec. 31
 
Sept. 30
 
Jun. 30
 
Mar. 31
Millions of dollars, except per share data
2018
2017
 
2018
2017
 
2018 (2)
2017
 
2018
2017
Net sales
$
5,660

$
5,702

 
$
5,326

$
5,418

 
$
5,140

$
5,347

 
$
4,911

$
4,786

Cost of products sold
4,710

4,717

 
4,431

4,503

 
4,260

4,471

 
4,099

3,960

Gross margin
950

985

 
895

915

 
880

876

 
812

826

Operating profit (loss)
309

267

 
299

331

 
(472
)
274

 
143

264

Interest and sundry (income) expense
2

18

 
24

21

 
90

23

 
(8
)
25

Net earnings (loss)
170

(272
)
 
216

272

 
(639
)
179

 
94

158

Net earnings (loss) available to Whirlpool
170

(268
)
 
210

276

 
(657
)
189

 
94

153

 
 
 
 
 
 
 
 
 
 
 
 
Per share of common stock:(1)
 
 
 
 
 
 
 
 
 
 
 
Basic net earnings (loss)
$
2.66

$
(3.74
)
 
$
3.25

$
3.78

 
$
(9.50
)
$
2.55

 
$
1.31

$
2.05

Diluted net earnings (loss)
2.64

(3.74
)
 
3.22

3.72

 
(9.50
)
2.52

 
1.30

2.01

Dividends
1.15

1.10

 
1.15

1.10

 
1.15

1.10

 
1.10

1.00

(1) 
The quarterly earnings per share amounts will not necessarily add to the earnings per share computed for the year due to the method used in calculating per share data.
(2) The operating loss and net loss for the three months ended June 30, 2018 includes an impairment of goodwill and other intangibles of $747 million. The net loss for the three months ended June 30, 2018 also includes a $103 million charge related to the FCA settlement agreement. See Note 5, Note 7 and Note 10 to the Consolidated Financial Statements for additional information.