WHIRLPOOL CORP DE
For the period ended Jun 30, 2024. Filed Jul 25, 2024.
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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.
Jun 30, 2024 · Filed Jul 25, 2024
WHR$30.31-5.0%Stored close · as of Nov 10, 2026
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Consolidated Condensed Statements of Comprehensive Income (Loss)
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED)
FOR THE PERIODS ENDED JUNE 30
(Millions of dollars, except per share data)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $3,989 | $4,792 | $8,478 | $9,441 |
| Expenses | ||||
| Cost of products sold | 3,363 | 3,976 | 7,211 | 7,862 |
| Gross margin | 626 | 816 | 1,267 | 1,579 |
| Selling, general and administrative | 394 | 476 | 871 | 963 |
| Intangible amortization | 7 | 10 | 17 | 21 |
| Restructuring costs | 50 | 9 | 73 | 9 |
| Loss (gain) on sale and disposal of businesses | 45 | 18 | 292 | 240 |
| Operating profit | 130 | 303 | 14 | 346 |
| Other (income) expense | ||||
| Interest and sundry (income) expense | 7 | 10 | (21) | 87 |
| Interest expense | 93 | 89 | 183 | 164 |
| Earnings (loss) before income taxes | 30 | 204 | (148) | 95 |
| Income tax expense (benefit) | (206) | 114 | (130) | 182 |
| Equity method investment income (loss), net of tax | (11) | (3) | (11) | (2) |
| Net earnings (loss) | 225 | 87 | (29) | (89) |
| Less: Net earnings (loss) available to noncontrolling interests | 6 | 2 | 11 | 5 |
| Net earnings (loss) available to Whirlpool | $219 | $85 | $(40) | $(94) |
| Per share of common stock | ||||
| Basic net earnings (loss) available to Whirlpool | $3.96 | $1.56 | $(0.75) | $(1.71) |
| Diluted net earnings (loss) available to Whirlpool | $3.96 | $1.55 | $(0.75) | $(1.71) |
| Dividends declared | $1.75 | $1.75 | $3.50 | $3.50 |
| Weighted-average shares outstanding (in millions) | ||||
| Basic | 54.9 | 55.0 | 54.9 | 54.9 |
| Diluted | 55.0 | 55.2 | 54.9 | 54.9 |
| Comprehensive income (loss) | $242 | $48 | $(9) | $(129) |
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