XML 21 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Condensed Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Comprehensive Income [Abstract]        
Net sales $ 5,324 $ 4,042 $ 10,682 $ 8,367
Expenses        
Cost of products sold 4,234 3,417 8,444 7,039
Gross margin 1,090 625 2,238 1,328
Selling, general and administrative 509 421 1,002 841
Intangible amortization 10 15 27 30
Restructuring costs 8 118 28 123
(Gain) loss on sale and disposal of businesses (120) 0 (120) 0
Operating profit 683 71 1,301 334
Other (income) expense        
Interest and sundry (income) expense (36) (15) (62) (16)
Interest expense 45 49 90 92
Earnings before income taxes 674 37 1,273 258
Income tax expense (benefit) 94 17 253 89
Net earnings 580 20 1,020 169
Less: Net earnings (loss) available to noncontrolling interests (1) (10) 6 (15)
Net earnings available to Whirlpool $ 581 $ 30 $ 1,014 $ 184
Per share of common stock        
Basic net earnings available to Whirlpool (in USD per share) $ 9.23 $ 0.47 $ 16.10 $ 2.94
Diluted net earnings available to Whirlpool (in USD per share) 9.15 0.47 15.96 2.93
Dividends declared (in USD per share) $ 1.40 $ 1.20 $ 2.65 $ 2.40
Weighted-average shares outstanding (in millions)        
Basic (in shares) 62.9 62.4 63.0 62.6
Diluted (in shares) 63.5 62.7 63.5 63.0
Comprehensive income $ 809 $ 4 $ 1,373 $ 58