WHIRLPOOL CORP /DE/
For the period ended Jun 30, 2026. Filed Aug 4, 2026.
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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, 2026 · Filed Aug 4, 2026
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Revenue Recognition
(2)REVENUE RECOGNITION
Disaggregation of Revenue
The following table presents our disaggregated revenues by revenue source. For additional information on the disaggregated revenues by operating segment, see Note 13 to the Consolidated Condensed Financial Statements.
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| Millions of dollars | 2026 | 2025 | 2026 | 2025 |
| Major product categories: | ||||
| Laundry | $1,064 | $1,075 | $2,045 | $2,101 |
| Refrigeration | 1,053 | 1,225 | 1,969 | 2,324 |
| Cooking | 790 | 820 | 1,588 | 1,659 |
| Dishwashing | 270 | 271 | 533 | 567 |
| Total major product category net sales | $3,177 | $3,391 | $6,134 | $6,651 |
| Spare parts and warranties | 135 | 136 | 273 | 272 |
| Other | 205 | 246 | 384 | 470 |
| Total net sales | $3,517 | $3,773 | $6,790 | $7,393 |
Other revenue sources primarily include the revenues from the InSinkErator business, subscription arrangements, and licenses.
The impact to revenue related to prior period performance obligations is less than 1% of global consolidated revenues for the three and six months ended June 30, 2026.
Allowance for Expected Credit Losses and Bad Debt Expense
We estimate our expected credit losses and bad debt expense primarily by using an aging methodology and establish customer-specific reserves for higher risk trade customers. Our expected credit losses and bad debt expense are evaluated and controlled within each operating segment by considering the unique credit risk specific to the country, marketplace and economic environment. We take into account past events, current conditions and reasonable and supportable forecasts in developing the reserve.
The following table summarizes our allowance for expected credit losses and bad debt expense by operating segment for the six months ended June 30, 2026:
| Millions of dollars | December 31, 2025 | Charged to Earnings | Write-offs | Foreign Currency | Other | June 30, 2026 |
|---|---|---|---|---|---|---|
| Accounts receivable allowance | ||||||
| MDA North America | $12 | $— | $— | $— | $— | $12 |
| MDA Latin America | 39 | 4 | (2) | 1 | — | 42 |
| SDA Global | 3 | — | — | — | — | 3 |
| Other | 2 | 1 | — | — | (1) | 2 |
| Consolidated | $56 | $5 | $(2) | $1 | $(1) | $59 |
| Financing receivable allowance | ||||||
| MDA Latin America | $26 | $— | $— | $1 | $— | $27 |
| Consolidated | $82 | $5 | $(2) | $2 | $(1) | $86 |
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