STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2022

Stockholders' Equity Note [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table shows the components of accumulated other comprehensive income (loss) available to Whirlpool at December 31, 2020, 2021, and 2022, and the activity for the years then ended:

Millions of dollars	Foreign Currency		Derivative Instruments		Pension and Postretirement Liability		Total
December 31, 2019	$	(1,532)	$	(46)	$	(1,040)	$	(2,618)
Unrealized gain (loss)	(385)		83		—		(302)
Unrealized actuarial gain(loss) and prior service credit (cost)	—		—		171		171
Tax effect	1		(16)		(45)		(60)
Other comprehensive income (loss), net of tax	(384)		67		126		(191)
Less: Other comprehensive loss available to noncontrolling interests	2		—		—		2
Other comprehensive income (loss) available to Whirlpool	(386)		67		126		(193)
December 31, 2020	$	(1,918)	$	21	$	(914)	$	(2,811)
Unrealized gain (loss)	364		27		—		391
Unrealized actuarial gain (loss) and prior service credit (cost)	—		—		104		104
Tax effect	(1)		(14)		(26)		(41)
Other comprehensive income (loss), net of tax	363		13		78		454
Less: Other comprehensive loss available to noncontrolling interests	—		—		—		—
Other comprehensive income (loss) available to Whirlpool	363		13		78		454
December 31, 2021	$	(1,555)	$	34	$	(836)	$	(2,357)
Unrealized gain (loss)	280		26		—		306
Unrealized actuarial gain (loss) and prior service credit (cost)	—		—		(27)		(27)
Tax effect	—		(2)		(10)		(12)
Other comprehensive income (loss), net of tax	280		24		(37)		267
Less: Other comprehensive loss available to noncontrolling interests	—		—		—		—
Other comprehensive income (loss) available to Whirlpool	280		24		(37)		267
December 31, 2022	$	(1,275)	$	58	$	(873)	$	(2,090)

Schedule of Basic and Diluted Net Earnings Per Share

Basic and diluted net earnings per share of common stock were calculated as follows:

Millions of dollars and shares	2022		2021		2020
Numerator for basic and diluted earnings per share – net earnings (loss) available to Whirlpool	$	(1,519)	$	1,783	$	1,075
Denominator for basic earnings per share – weighted-average shares	55.9		62.1		62.7
Effect of dilutive securities – stock-based compensation	—		0.8		0.6
Denominator for diluted earnings per share – adjusted weighted-average shares	55.9		62.9		63.3
Anti-dilutive stock options/awards excluded from earnings per share	0.6		0.1		1.3