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WHIRLPOOL CORP /DE/

For the period ended Sep 30, 2026. Filed Oct 27, 2026.

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About 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.

Sep 30, 2026 · Filed Oct 27, 2026

WHR$30.54-3.2%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Segment Information

(13)SEGMENT INFORMATION

Ourreportable segments consist of Major Domestic Appliances ("MDA") North America; MDA Latin America; and Small Domestic Appliances ("SDA") Global. As of December 31, 2025, the operations previously reported within the MDA Asia segment are no longer reported as a segment as a result of the deconsolidation of Whirlpool India. All prior period amounts have been reclassified to conform with current period presentation. For additional information see Note 14 to the Consolidated Condensed Financial Statements.

The chief operating decision maker (CODM) is the Company's Chairman and Chief Executive Officer, who evaluates operational performance based on each segment's earnings (loss) before interest and taxes (EBIT). We define segment EBIT as operating profit less interest and sundry (income) expense and excluding restructuring costs, asset impairment charges and certain other items, if any, that management believes are not indicative of the segment's ongoing performance. Cost of products sold is the significant expense regularly reviewed by the CODM and consists of costs associated with products sold, including but not limited to materials, labor, freight and warehousing. Other segment expenses / (income) primarily include selling, general and administrative items. Total assets by segment are those assets directly associated with the respective operating activities. The "Other/Eliminations" column primarily includes corporate expenses, assets and eliminations, as well as restructuring costs, asset impairment charges and certain other items that management believes are not indicative of the segment's ongoing performance. Intersegment sales are eliminated within each segment.

Total assets by segment are those assets directly associated with the respective operating activities. The "Other" column primarily includes operations previously reported in our MDA Asia segment, corporate expenses, assets, as well as restructuring costs, asset impairment charges and certain other items that management believes are not indicative of the segment's ongoing performance. The "Eliminations" column includes intercompany activity. Intersegment sales are eliminated within each segment.

The tables below summarize performance by operating segment for the periods presented:

Three Months Ended September 30,
OPERATING SEGMENTS
MDA NorthAmerica · MDA LatinAmerica · SDA Global · Other · Eliminations · TotalWhirlpool
Net sales
2026$2,495$858$286$38$—$3,677
20252,722802288222—4,033
Cost of Products Sold
2026$2,226$768$182$28$—$3,204
20252,378695182182—3,439
Other segment expenses/(income)
2026$195$72$51$283$—$601
2025208625865—393
EBIT
2026$74$18$53$(273)$—$(128)
20251344547(28)—200
Intersegment sales
2026$30$312$—$9$(351)$—
202530335—9(374)—
Total assets
September 30, 2026$10,060$3,940$1,406$10,167$(8,610)$16,963
December 31, 20259,9943,9621,2488,474(7,677)16,001
Capital expenditures
2026$54$26$6$6$—$92
2025313949—83
Depreciation and amortization
2026$56$39$5$6$—$106
20254616516—83
Nine Months Ended September 30,
OPERATING SEGMENTS
MDA NorthAmerica · MDA Latin America · SDA Global · Other · Eliminations · TotalWhirlpool
Net sales
2026$7,141$2,500$710$116$—$10,467
20257,5862,345685810—11,426
Cost of Products Sold
2026$6,402$2,209$437$88$—$9,137
20256,5082,017422669—9,615
Other segment expenses/(income)
2026$594$200$149$352$—$1,295
2025651186145239—1,221
EBIT
2026$144$90$124$(324)$—$34
2025428142119(98)—590
Intersegment sales
2026$101$874$1$27$(1,003)$—
202582970130(1,083)—
Total assets
September 30, 2026$10,060$3,940$1,406$10,167$(8,610)$16,963
December 31, 20259,9943,9621,2488,474(7,677)16,001
Capital expenditures
2026$150$81$17$7$—$255
2025106981320—239
Depreciation and amortization
2026$178$76$15$21$—$290
2025132461454—246

The following table summarizes the reconciling items in the Other column for total EBIT for the periods presented:

Three Months Ended September 30,Nine Months Ended September 30,
in millions2026202520262025
Items not allocated to segments:
Restructuring costs$(35)$(6)$(108)$(17)
Gain on sale and disposal of businesses—3013930
MDA Asia241146
Corporate expenses and other(240)(56)(366)(157)
Total other$(273)$(28)$(324)$(98)

A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Condensed Statements of Comprehensive Income (Loss) is shown in the table below for the periods presented:

Three Months Ended September 30,Nine Months Ended September 30,
in millions2026202520262025
Operating profit$4$206$185$595
Interest and sundry (income) expense15(5)11(41)
Equity method investment loss, net of tax(118)(11)(140)(46)
Total EBIT$(128)$200$34$590
Interest expense10292241256
Income tax expense83325105
Net earnings (loss)$(238)$76$(232)$229
Less: Net earnings available to noncontrolling interests(1)3(1)20
Net earnings (loss) available to Whirlpool shareholders$(237)$73$(231)$210
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