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Consolidated Statements of Income (USD $)
In Millions, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 4,730 $ 4,534 $ 9,130 $ 8,806
Expenses        
Cost of products sold 4,061 3,773 7,839 7,406
Gross margin 669 761 1,291 1,400
Selling, general and administrative 425 401 805 772
Intangible amortization 7 7 14 14
Restructuring costs 14 22 22 42
Operating profit 223 331 450 572
Other income (expense)        
Interest and sundry income (expense) (538) (69) (556) (81)
Interest expense (55) (55) (109) (113)
Earnings (loss) before income taxes and other items (370) 207 (215) 378
Income tax benefit (206) (8) (230) (11)
Earnings (loss) before equity earnings (164) 215 15 389
Equity in loss of affiliated companies 0 0 (1) 0
Net earnings (loss) (164) 215 14 389
Less: Net earnings (loss) available to noncontrolling interests (3) 10 6 20
Net earnings (loss) available to Whirlpool $ (161) $ 205 $ 8 $ 369
Per share of common stock        
Basic net earnings (loss) available to Whirlpool $ (2.10) $ 2.69 $ 0.10 $ 4.87
Diluted net earnings (loss) available to Whirlpool $ (2.10) $ 2.64 $ 0.10 $ 4.78
Dividends $ 0.50 $ 0.43 $ 0.93 $ 0.86
Weighted-average shares outstanding (in millions)        
Basic 76.8 76.2 76.7 75.8
Diluted 76.8 77.7 78.1 77.3