WHIRLPOOL CORP DE
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 14, 2024
WHR$30.31-5.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Operating activities | |||
| Net earnings (loss) | $488 | $(1,511) | $1,806 |
| Adjustments to reconcile net earnings to cash provided by (used in) operating activities: | |||
| Depreciation and amortization | 361 | 475 | 494 |
| Impairment of goodwill and other intangibles | — | 384 | — |
| Loss (gain) on sale and disposal of businesses | 106 | 1,869 | (105) |
| (Gain) loss on previously held equity interest | — | — | (42) |
| Changes in assets and liabilities: | |||
| Accounts receivable | 159 | 854 | (232) |
| Inventories | (123) | (49) | (648) |
| Accounts payable | 1 | (612) | 949 |
| Accrued advertising and promotions | (37) | (51) | 70 |
| Accrued expenses and current liabilities | 122 | 113 | 125 |
| Taxes deferred and payable, net | (97) | 18 | 130 |
| Accrued pension and postretirement benefits | (59) | (105) | (116) |
| Employee compensation | 103 | (288) | 16 |
| Other | (109) | 293 | (271) |
| Cash provided by (used in) operating activities | 915 | 1,390 | 2,176 |
| Investing activities | |||
| Capital expenditures | (549) | (570) | (525) |
| Proceeds from sale of assets and businesses | 10 | 77 | 302 |
| Acquisition of businesses, net of cash acquired | (14) | (3,000) | (46) |
| Cash held by divested businesses | — | (75) | (393) |
| Other | — | — | 2 |
| Cash provided by (used in) investing activities | (553) | (3,568) | (660) |
| Financing activities | |||
| Net proceeds from borrowings of long-term debt | 304 | 2,800 | 300 |
| Net proceeds (repayments) of long-term debt | (750) | (300) | (300) |
| Net proceeds (repayments) from short-term borrowings | 34 | (4) | (1) |
| Dividends paid | (384) | (390) | (338) |
| Repurchase of common stock | — | (903) | (1,041) |
| Common stock issued | 4 | 3 | 76 |
| Other | — | — | (35) |
| Cash provided by (used in) financing activities | (792) | 1,206 | (1,339) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 45 | (20) | (67) |
| Less: change in cash classified as held for sale | (3) | (94) | — |
| Increase (decrease) in cash, cash equivalents and restricted cash | (388) | (1,086) | 110 |
| Cash, cash equivalents and restricted cash at beginning of year | 1,958 | 3,044 | 2,934 |
| Cash, cash equivalents and restricted cash at end of period | $1,570 | $1,958 | $3,044 |
| Supplemental disclosure of cash flow information | |||
| Cash paid for interest | $370 | $161 | $169 |
| Cash paid for income taxes | $175 | $247 | $388 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.