Whirlpool Corporation (WHR) financial statements (2022 and earlier)

Company profile

Business Address WHIRLPOOL CNTR 2000 M 63
BENTON HARBOR, MI 49022-2692
State of Incorp. DE
Fiscal Year End December 31
SIC 363 - Household Appliances (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,0442,8752,9682,4472,9243,5282,546
Cash and cash equivalents3,0442,8752,9682,4472,9243,5282,546
Receivables3,1003,1873,0522,9973,1092,7161,998
Inventory, net of allowances, customer advances and progress billings2,7172,8762,6522,4702,1872,2162,129
Inventory2,7172,8762,6522,4702,1872,2162,129
Prepaid expense834788731748795847906
Disposal group, including discontinued operation   1,176   
Total current assets:9,6959,7269,4039,8389,0159,3077,579
Noncurrent Assets
Operating lease, right-of-use asset946973984993989904905
Property, plant and equipment2,8052,7132,7342,7853,1993,1363,132
Intangible assets, net (including goodwill)4,4664,4854,3764,3834,6904,6534,611
Goodwill2,4852,4922,4002,4012,4962,4632,433
Intangible assets, net (excluding goodwill)1,9811,9931,9761,9822,1942,1902,178
Deferred income tax assets1,9202,0612,0722,0532,2172,1462,172
Other noncurrent assets453436512286240213277
Total noncurrent assets:10,59010,66810,67810,50011,33511,05211,097
TOTAL ASSETS:20,28520,39420,08120,33820,35020,35918,676
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,5986,4106,0385,7726,1195,3824,304
Accounts payable5,4135,1274,8744,6734,8344,1793,328
Accrued liabilities609696679666637687633
Employee-related liabilities576587485433648516343
Debt3083103083083101,7351,712
Derivative instruments and hedges, liabilities9380108981528051
Other liabilities7507617857961,070939901
Other undisclosed current liabilities7617305931,037679969757
Total current liabilities:8,5108,2917,8328,0118,3309,1057,725
Noncurrent Liabilities
Long-term debt and lease obligation5,7235,7745,8265,8175,8975,7005,627
Long-term debt, excluding current maturities4,9294,9615,0014,9825,0594,9654,886
Operating lease, liability794813825835838735741
Liabilities, other than long-term debt1,0391,2001,3381,3711,4141,2761,399
Liability, pension and other postretirement and postemployment benefits520594634677682633764
Other liabilities519606704694732643635
Total noncurrent liabilities:6,7626,9747,1647,1887,3116,9767,026
Total liabilities:15,27215,26514,99615,19915,64116,08114,751
Stockholders' equity
Stockholders' equity attributable to parent4,8464,9644,9514,2223,7993,3713,018
Common stock114114114113113113112
Treasury stock, value(6,106)(5,706)(5,265)(5,215)(5,065)(5,076)(5,087)
Additional paid in capital3,0253,0112,9892,9322,9232,8652,822
Accumulated other comprehensive loss(2,357)(2,412)(2,459)(2,687)(2,811)(2,754)(2,731)
Retained earnings10,1709,9579,5729,0798,6398,2237,902
Stockholders' equity attributable to noncontrolling interest167165134917910907907
Total stockholders' equity:5,0135,1295,0855,1394,7094,2783,925
TOTAL LIABILITIES AND EQUITY:20,28520,39420,08120,33820,35020,35918,676

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues5,8155,4885,3245,3585,7985,2914,042
Cost of revenue
(Cost of Goods and Services Sold)
(4,753)(4,380)(4,234)(4,210)(4,434)(4,136)(3,411)
Gross profit:1,0621,1081,0901,1481,3641,155631
Operating expenses(558)(556)(407)(513)(632)(585)(554)
Other undisclosed operating loss(10)  (17)(16)  
Operating income:49455268361871657077
Nonoperating income (expense)20783626(17)2215
Interest and debt expense(41)(44)(45)(45)(47)(51)(49)
Income from continuing operations before income taxes:47358667459965254143
Income tax expense(165)(100)(94)(159)(151)(143)(18)
Income before gain (loss) on sale of properties:30848658044050139825
Other undisclosed net loss(8)      
Net income:30048658044050139825
Net income (loss) attributable to noncontrolling interest(2)(15)1(7)(4)(1)10
Net income available to common stockholders, diluted:29847158143349739735

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:30048658044050139825
Other comprehensive income (loss)5546229124(58)(23)(16)
Other undisclosed comprehensive income    1  
Comprehensive income:3555328095644443759
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(2)(15)1(7)(6)(1)10
Comprehensive income, net of tax, attributable to parent:35351781055743837419

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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