Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

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



	Three Months Ended June 30,
	OPERATING SEGMENTS
	North America		EMEA		Latin America		Asia (1)		Other / Eliminations		Total Whirlpool
Net sales
2021	$	3,042	$	1,250	$	763	$	269	$	—	$	5,324
2020	2,501		836		434		271		—		4,042
Intersegment sales
2021	$	76	$	22	$	313	$	81	$	(492)	$	—
2020	47		18		264		95		(424)		—
Depreciation and amortization
2021	$	43	$	44	$	16	$	5	$	10	$	118
2020	43		43		15		16		16		133
EBIT
2021	$	557	$	31	$	74	$	4	$	53	$	719
2020	310		(66)		11		(18)		(151)		86
Total assets
June 30, 2021	$	7,857	$	11,107	$	4,471	$	1,596	$	(4,950)	$	20,081
December 31, 2020	7,597		11,296		4,244		2,573		(5,274)		20,436
Capital expenditures
2021	$	34	$	30	$	28	$	9	$	10	$	111
2020	25		18		12		9		9		73



	Six Months Ended June 30,
	OPERATING SEGMENTS
	North America		EMEA		Latin America		Asia (1)		Other / Eliminations		Total Whirlpool
Net sales
2021	$	6,087	$	2,420	$	1,495	$	680	$	—	$	10,682
2020	5,041		1,715		1,052		559		—		8,367
Intersegment sales
2021	$	155	$	46	$	623	$	192	$	(1,016)	$	—
2020	120		38		550		158		(866)		—
Depreciation and amortization
2021	$	89	$	90	$	31	$	18	$	31	$	259
2020	90		81		31		33		33		268
EBIT
2021	$	1,164	$	52	$	136	$	26	$	(15)	$	1,363
2020	616		(81)		42		(34)		(193)		350
Total assets
June 30, 2021	$	7,857	$	11,107	$	4,471	$	1,596	$	(4,950)	20,081
December 31, 2020	7,597		11,296		4,244		2,573		(5,274)		20,436
Capital expenditures
2021	$	65	$	47	$	43	$	12	$	17	$	184
2020	53		32		26		23		21		155

(1) Decrease in Total assets of Asia region is mainly due to the deconsolidation of Whirlpool China. For additional information, see Note 15

to the Consolidated Condensed Financial Statements.

The following table summarizes the reconciling items in the Other/Eliminations column for total EBIT for the periods presented:


	Three Months Ended June 30,				Six Months Ended June 30,
in millions	2021		2020		2021		2020
Items not allocated to segments:
Restructuring costs	$	(8)	$	(118)	$	(28)	$	(123)
Gain (loss) on sale and disposal of businesses	120		—		120		—
Corporate expenses and other	(59)		(33)		(107)		(70)
Total other/eliminations	$	53	$	(151)	$	(15)	$	(193)

120

A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Condensed Statements of Comprehensive Income (Loss) is shown in the table below for the periods presented


	Three Months Ended June 30,				Six Months Ended June 30,
in millions	2021		2020		2021		2020
Operating profit	$	683	$	71	$	1,301	$	334
Interest and sundry (income) expense	(36)		(15)		(62)		(16)
Total EBIT	$	719	$	86	$	1,363	$	350
Interest expense	45		49		90		92
Income tax expense	94		17		253		89
Net earnings (loss)	$	580	$	20	$	1,020	$	169
Less: Net earnings available to noncontrolling interests	(1)		(10)		6		(15)
Net earnings (loss) available to Whirlpool	$	581	$	30	$	1,014	$	184