GOODWILL AND OTHER INTANGIBLES (Tables)

6 Months Ended

Jun. 30, 2023

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		Latin America		Asia		Total Whirlpool
Beginning balance December 31, 2022	$	2,829	$	33	$	452	$	3,314
Acquisitions(1)	16		—		—		16
Currency translation	2		—		(1)		1
Ending net balance June 30, 2023	$	2,847	$	33	$	451	$	3,331

(1)Increase in goodwill is related to the purchase of InSinkErator business. For additional information, see Notes 9 and 13 to the Consolidated Condensed Financial Statements.

Schedule of Finite-Lived Intangible Assets

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

	June 30, 2023						December 31, 2022
Millions of dollars	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Other intangible assets, finite lives
Customer relationships (1)	$	668	$	(306)	$	362	$	668	$	(287)	$	381
Patents and other (2)	116		(114)		2		116		(113)		3
Total other intangible assets, finite lives	$	784	$	(420)	$	364	$	784	$	(400)	$	384
Trademarks, indefinite lives	2,780		—		2,780		2,780		—		2,780
Total other intangible assets	$	3,564	$	(420)	$	3,144	$	3,564	$	(400)	$	3,164

(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.

Schedule of Indefinite-Lived Intangible Assets

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

	June 30, 2023						December 31, 2022
Millions of dollars	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Other intangible assets, finite lives
Customer relationships (1)	$	668	$	(306)	$	362	$	668	$	(287)	$	381
Patents and other (2)	116		(114)		2		116		(113)		3
Total other intangible assets, finite lives	$	784	$	(420)	$	364	$	784	$	(400)	$	384
Trademarks, indefinite lives	2,780		—		2,780		2,780		—		2,780
Total other intangible assets	$	3,564	$	(420)	$	3,144	$	3,564	$	(400)	$	3,164

(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.