GOODWILL AND OTHER INTANGIBLES (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes goodwill attributable to our reporting units for the periods presented:

Millions of dollars	North America		EMEA		Latin America		Asia		Total Whirlpool
Beginning balance December 31, 2021	$	1,695	$	296	$	33	$	461	$	2,485
Impairment	—		(278)		—		—		(278)
Currency translation adjustment	—		(18)		—		(6)		(24)
Ending net balance June 30, 2022	$	1,695	$	—	$	33	$	455	$	2,183

Schedule of Finite-Lived Intangible Assets

The following table summarizes other intangible assets for the periods presented:

	June 30, 2022						December 31, 2021
Millions of dollars	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Other intangible assets, finite lives
Customer relationships (1)	$	431	$	(339)	$	92	$	443	$	(334)	$	109
Patents and other (2)	187		(183)		4		191		(188)		3
Total other intangible assets, finite lives	$	618	$	(522)	$	96	$	634	$	(522)	$	112
Trademarks, indefinite lives (3)	1,731		—		1,731		1,869		—		1,869
Total other intangible assets	$	2,349	$	(522)	$	1,827	$	2,503	$	(522)	$	1,981

(1) Customer relationships have an estimated useful life of 5 to 19 years.

(2) Patents and other intangibles have an estimated useful life of 3 to 43 years.

(3) Includes Indesit and Hotpoint* impairment loss of $70 million and $36 million , respectively, recorded during the period ended June 30, 2022.

Schedule of Indefinite-Lived Intangible Assets

The following table summarizes other intangible assets for the periods presented:

	June 30, 2022						December 31, 2021
Millions of dollars	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Other intangible assets, finite lives
Customer relationships (1)	$	431	$	(339)	$	92	$	443	$	(334)	$	109
Patents and other (2)	187		(183)		4		191		(188)		3
Total other intangible assets, finite lives	$	618	$	(522)	$	96	$	634	$	(522)	$	112
Trademarks, indefinite lives (3)	1,731		—		1,731		1,869		—		1,869
Total other intangible assets	$	2,349	$	(522)	$	1,827	$	2,503	$	(522)	$	1,981

(1) Customer relationships have an estimated useful life of 5 to 19 years.

(2) Patents and other intangibles have an estimated useful life of 3 to 43 years.

(3) Includes Indesit and Hotpoint* impairment loss of $70 million and $36 million , respectively, recorded during the period ended June 30, 2022.