Whirlpool corp /de/ (WHR)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Net sales

19,984

20,419

20,697

20,932

20,886

21,037

21,079

21,171

21,378

21,253

21,207

21,037

20,888

20,718

20,622

20,651

20,661

20,891

21,334

20,881

20,355

19,872

18,959

18,818

18,884

18,769

18,470

18,281

18,043

18,143

18,262

18,393

18,613

18,666

18,797

18,691

18,495

18,366

17,822

17,472

0

0

0

Expenses
Cost of products sold

16,563

16,886

17,262

17,343

17,349

17,500

17,507

17,579

17,790

17,651

17,630

17,435

17,193

17,026

16,918

16,957

17,031

17,231

17,620

17,270

16,862

16,477

15,681

15,521

15,557

15,471

15,269

15,223

15,074

15,250

15,469

15,730

16,009

16,089

16,266

16,085

15,797

15,652

15,154

14,898

0

0

0

Gross margin

3,421

3,533

3,435

3,589

3,537

3,537

3,572

3,592

3,588

3,602

3,577

3,602

3,695

3,692

3,704

3,694

3,630

3,660

3,714

3,611

3,493

3,395

3,278

3,297

3,327

3,298

3,201

3,058

2,969

2,893

2,793

2,663

2,604

2,577

2,531

2,606

2,698

2,714

0

0

0

-

-

Selling, general and administrative

2,057

2,142

2,173

2,232

2,189

2,189

2,162

2,133

2,118

2,112

2,091

2,089

2,106

2,080

2,095

2,105

2,118

2,143

2,277

2,196

2,097

2,038

1,838

1,850

1,846

1,828

1,819

1,779

1,773

1,757

1,694

1,668

1,646

1,621

1,640

1,637

1,613

1,604

1,563

1,562

0

0

0

Intangible amortization

66

69

70

71

73

75

85

85

82

79

69

69

70

71

73

73

73

74

71

59

46

33

23

22

22

25

26

29

32

30

30

29

28

28

28

28

28

28

28

28

0

0

0

Restructuring costs

167

188

173

145

129

247

341

358

373

275

207

191

172

173

172

197

215

201

180

164

140

136

156

186

183

196

203

197

245

237

253

227

162

136

74

54

62

74

82

89

0

0

0

Impairment of goodwill and other intangibles

-

-

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale and disposal of businesses

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating profit

1,568

1,571

1,456

1,062

399

279

237

269

1,015

1,136

1,210

1,253

1,347

1,368

1,364

1,319

1,224

1,242

1,186

1,192

1,210

1,188

1,261

1,239

1,276

1,249

1,153

1,053

919

869

816

739

768

792

789

887

995

1,008

995

895

0

0

0

Other (income) expense
Interest and sundry (income) expense

39

168

220

167

14

-108

-124

-121

-54

-87

-59

-68

-86

-93

-117

-108

-25

-46

-96

-114

-172

-142

-160

-137

-160

-155

-108

-130

-113

-112

-99

-88

-604

-607

-597

-674

-205

-197

-236

-144

0

0

0

Interest expense

178

187

199

206

201

192

181

171

163

162

165

162

164

161

159

161

160

165

170

164

164

165

163

171

175

177

182

187

191

199

203

206

213

213

218

221

221

225

225

229

0

0

0

Earnings before income taxes

1,429

1,552

1,477

1,023

212

-21

-68

-23

798

887

986

1,023

1,097

1,114

1,088

1,050

1,039

1,031

920

914

874

881

938

931

941

917

863

736

615

558

514

445

-49

-28

-26

-8

569

586

534

522

0

0

0

Income tax expense (benefit)

558

354

397

91

-9

138

533

522

525

550

191

256

167

186

157

113

259

209

179

188

148

189

167

196

185

68

73

65

30

133

4

-166

-376

-436

-399

-283

-85

-64

-31

-46

0

0

0

Earnings before equity earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Equity in loss of affiliated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

Net earnings

871

1,198

1,080

932

221

-159

-601

-545

273

337

795

767

930

928

931

937

780

822

741

726

726

692

771

735

756

849

790

671

585

425

510

611

327

408

373

275

654

650

565

568

0

0

0

Less: Net earnings (loss) available to noncontrolling interests

6

14

14

14

27

24

20

10

-18

-13

-3

7

39

40

43

52

38

39

57

47

45

42

21

19

21

22

22

25

24

24

26

24

14

18

17

17

30

31

30

34

0

0

0

Net earnings available to Whirlpool

865

1,184

1,066

918

194

-183

-621

-555

291

350

798

760

891

888

888

885

742

783

684

679

681

650

750

716

735

827

768

646

561

401

484

587

313

390

356

258

624

619

535

534

0

0

0

Per share of common stock
Basic net earnings (loss) available to Whirlpool (USD per share)

2.42

4.58

5.62

1.04

7.36

2.66

3.25

-9.50

1.31

-3.60

3.78

2.55

2.05

2.39

3.14

4.20

1.94

2.31

2.98

2.24

2.42

1.03

2.92

2.29

2.06

2.30

2.46

2.48

3.18

1.55

0.95

1.45

1.19

2.65

2.31

-2.10

2.21

2.22

1.04

2.69

2.17

1.17

1.05

Diluted net earnings (loss) available to Whirlpool (USD per share)

2.41

4.53

5.57

1.04

7.31

2.64

3.22

-9.50

1.30

-3.55

3.72

2.52

2.01

2.33

3.10

4.15

1.92

2.29

2.95

2.21

2.38

1.02

2.88

2.25

2.02

2.26

2.42

2.44

3.12

1.52

0.94

1.43

1.17

2.65

2.27

-2.10

2.17

2.18

1.02

2.64

2.13

1.15

1.04

Dividends declared (USD per share)

1.20

-

1.20

1.20

1.15

-

1.15

1.15

1.10

-

1.10

1.10

1.00

-

1.00

1.00

0.90

-

0.90

0.90

0.75

-

0.75

0.75

0.62

-

0.62

0.62

0.50

-

0.50

0.50

0.50

-

0.50

0.50

0.43

0.43

0.43

0.43

0.43

0.43

0.43

Weighted-average shares outstanding (in millions)
Basic (in shares)

62

63

63

63

64

64

64

69

71

71

72

74

74

75

75

76

77

78

78

79

78

78

78

78

78

78

79

79

79

78

78

78

77

76

76

76

76

152

76

0

75

74

74

Diluted (in shares)

63

63

64

64

64

62

65

69

72

72

74

75

76

76

76

77

78

79

79

80

80

79

79

79

79

80

81

81

80

80

79

78

78

79

78

76

77

155

77

0

76

75

75

Comprehensive income

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-