SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

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



	Three Months Ended March 31,
	OPERATING SEGMENTS
	MDA North America		MDA Latin America		MDA Asia		MDA Europe		SDA Global		Other / Eliminations		Total Whirlpool
Net sales
2024	$	2,428	$	837	$	239	$	804	$	182	$	—	$	4,490
2023	2,641		747		245		846		170		—		4,649
Intersegment sales
2024	$	33	$	303	$	10	$	23	$	10	$	(379)	$	—
2023	58		378		10		23		—		(469)		—
Depreciation and amortization
2024	$	48	$	18	$	6	$	—	$	3	$	14	$	89
2023	49		17		5		—		3		15		89
EBIT
2024	$	135	$	65	$	11	$	(9)	$	33	$	(322)	$	(87)
2023	266		36		8		(5)		19		(357)		(33)
Total assets
March 31, 2024	$	10,447	$	3,957	$	1,149	$	—	$	1,404	$	413	$	17,370
December 31, 2023	10,217		4,037		1,054		685		1,134		185		17,312
Capital expenditures
2024	$	42	$	40	$	3	$	22	$	2	$	6	$	115
2023	45		15		2		19		3		12		96

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


	Three Months Ended March 31,
in millions	2024		2023
Items not allocated to segments:
Restructuring charges	$	(23)	$	—
Legacy MDA Europe legal matters	—		(62)

(Loss) gain on sale and disposal of businesses	(247)		(222)

Corporate expenses and other	(52)		(73)
Total other/eliminations	$	(322)	$	(357)

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 March 31,
in millions	2024		2023
Operating (loss) profit	$	(116)	$	43
Interest and sundry (income) expense	(29)		77
Equity method investment income (loss), net of tax	—		1
Total EBIT	$	(87)	$	(33)
Interest expense	90		75
Income tax expense	76		68
Net earnings (loss)	$	(253)	$	(176)
Less: Net earnings available to noncontrolling interests	6		3
Net earnings (loss) available to Whirlpool	$	(259)	$	(179)