WHIRLPOOL CORP DE
For the period ended Mar 31, 2024. Filed Apr 25, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 25, 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 Condensed Statements of Cash Flows
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED)
FOR THE PERIODS ENDED MARCH 31
(Millions of dollars)
| Three Months Ended | ||
|---|---|---|
| 2024 | 2023 | |
| Operating activities | ||
| Net earnings (loss) | $(253) | $(176) |
| Adjustments to reconcile net earnings to cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 89 | 89 |
| Loss (gain) on sale and disposal of businesses | 247 | 222 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (266) | (155) |
| Inventories | (113) | (284) |
| Accounts payable | (236) | (24) |
| Accrued advertising and promotions | (199) | (229) |
| Accrued expenses and current liabilities | (122) | 99 |
| Taxes deferred and payable, net | 65 | 43 |
| Accrued pension and postretirement benefits | (8) | (14) |
| Employee compensation | (64) | 3 |
| Other | (13) | (51) |
| Cash provided by (used in) operating activities | (873) | (477) |
| Investing activities | ||
| Capital expenditures | (115) | (96) |
| Acquisition of businesses, net of cash acquired | — | (14) |
| Cash provided by (used in) investing activities | (115) | (110) |
| Financing activities | ||
| Net proceeds from borrowings of long-term debt | 300 | 303 |
| Net proceeds (repayments) of long-term debt | (300) | (250) |
| Net proceeds (repayments) from short-term borrowings | 501 | 9 |
| Dividends paid | (95) | (97) |
| Repurchase of common stock | (50) | — |
| Sale of minority interest in subsidiary | 462 | — |
| Common stock issued | — | 1 |
| Other | — | (4) |
| Cash provided by (used in) financing activities | 818 | (38) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (20) | 27 |
| Less: change in cash classified as held for sale | (149) | (1) |
| Increase (decrease) in cash, cash equivalents and restricted cash | (339) | (599) |
| Cash, cash equivalents and restricted cash at beginning of year | 1,570 | 1,958 |
| Cash, cash equivalents and restricted cash at end of period | $1,231 | $1,359 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.