WHIRLPOOL CORP /DE/, 10-K filed on 2/11/2026
Annual Report
v3.25.4
Cover Page - USD ($)
12 Months Ended
Dec. 31, 2025
Feb. 06, 2026
Jun. 30, 2025
Entity Information [Line Items]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2025    
Current Fiscal Year End Date --12-31    
Document Transition Report false    
Entity File Number 1-3932    
Entity Registrant Name WHIRLPOOL CORP /DE/    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 38-1490038    
Entity Address, Address Line One 2000 North M-63    
Entity Address, City or Town Benton Harbor,    
Entity Address, State or Province MI    
Entity Address, Postal Zip Code 49022-2692    
City Area Code 269    
Local Phone Number 923-5000    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction false    
Entity Shell Company false    
Entity Public Float     $ 5,409,388,540
Entity Common Stock, Shares Outstanding (in shares)   56,518,699  
Documents Incorporated by Reference
Portions of the following documents are incorporated herein by reference into the Part of the Form 10-K indicated:
DocumentPart of Form 10-K into which incorporated
Portions of the registrant's proxy statement for the 2026 annual meeting of stockholders (the "Proxy Statement") to be filed pursuant to Regulation 14A within 120 days after the registrant's fiscal year end of December 31, 2025 are incorporated by reference into Part III of this Annual Report on From 10-K.
Part III
   
Entity Central Index Key 0000106640    
Amendment Flag false    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
New York Stock Exchange      
Entity Information [Line Items]      
Title of 12(b) Security Common stock, par value $1 per share    
Trading Symbol WHR    
Security Exchange Name NYSE    
TEXAS      
Entity Information [Line Items]      
Title of 12(b) Security Common stock, par value $1 per share    
Trading Symbol WHR    
v3.25.4
Audit Information
12 Months Ended
Dec. 31, 2025
Auditor Information [Abstract]  
Auditor Firm ID 42
Auditor Name Ernst & Young LLP
Auditor Location Chicago, Illinois
v3.25.4
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net sales $ 15,524 $ 16,607 $ 19,455
Expenses      
Cost of products sold 13,138 14,026 16,285
Gross margin 2,386 2,581 3,170
Selling, general and administrative 1,633 1,684 1,993
Intangible amortization 26 31 40
Restructuring costs 63 79 16
Impairment of goodwill and other intangibles 106 381 0
Loss (gain) on sale and disposal of businesses (280) 264 106
Operating profit 838 143 1,015
Other (income) expense      
Interest and sundry (income) expense (20) (27) 71
Interest expense 341 358 351
Earnings (loss) before income taxes 516 (188) 593
Income tax expense (benefit) 142 10 77
Equity method investment income (loss), net of tax (34) (107) (28)
Net earnings (loss) 341 (305) 488
Less: Net earnings (loss) available to noncontrolling interests 23 18 7
Net earnings (loss) available to Whirlpool $ 318 $ (323) $ 481
Per share of common stock      
Basic net earnings (loss) available to Whirlpool (in USD per share) $ 5.68 $ (5.87) $ 8.76
Diluted net earnings (loss) available to Whirlpool (in USD per share) $ 5.66 $ (5.87) $ 8.72
Weighted-average shares outstanding (in millions)      
Basic (in shares) 56.0 55.1 55.0
Diluted (in shares) 56.2 55.1 55.2
v3.25.4
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net earnings (loss) $ 341 $ (305) $ 488
Other comprehensive income (loss), before tax:      
Foreign currency translation adjustments (288) (29) 22
Derivative instruments:      
Net (loss) gain arising during period (117) 133 (100)
Less: reclassification adjustment for gain (loss) included in net earnings (loss) (46) 52 (36)
Derivative instruments, net (71) 81 (64)
Defined benefit pension and postretirement plans:      
Prior service (cost) credit arising during period 0 0 (1)
Net gain (loss) arising during period 48 (9) (99)
Less: amortization of prior service credit (cost) and actuarial (loss) (31) (39) (1)
Defined benefit pension and postretirement plans, net 79 30 (99)
Other comprehensive income (loss), before tax (280) 82 (141)
Income tax benefit (expense) related to items of other comprehensive income (loss) 11 (45) 53
Other comprehensive income (loss), net of tax (268) 37 (88)
Comprehensive income (loss) 73 (268) 400
Less: comprehensive income (loss), available to noncontrolling interests 23 17 7
Comprehensive income (loss) available to Whirlpool $ 50 $ (285) $ 393
v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 669 $ 1,275
Accounts receivable, net of allowance of $56 and $46, respectively 1,276 1,317
Inventories 2,307 2,035
Prepaid and other current assets 654 612
Assets held for sale 17 0
Total current assets 4,924 5,239
Property, net of accumulated depreciation of $5,547 and $5,414, respectively 2,194 2,275
Right of use assets 796 841
Goodwill 3,103 3,322
Investment in affiliated companies 827 279
Other intangibles, net of accumulated amortization of $464 and $447, respectively 2,563 2,717
Deferred income taxes 1,327 1,433
Other noncurrent assets 266 195
Total assets 16,001 16,301
Current liabilities    
Accounts payable 3,704 3,530
Accrued expenses 448 455
Accrued advertising and promotions 755 682
Employee compensation 208 228
Notes payable 351 18
Current maturities of long-term debt 586 1,850
Other current liabilities 460 560
Total current liabilities 6,513 7,323
Noncurrent liabilities    
Long-term debt 5,583 4,758
Pension benefits 64 122
Postretirement benefits 92 96
Lease liabilities 669 711
Other noncurrent liabilities 365 358
Total noncurrent liabilities 6,773 6,045
Stockholders' equity    
Common stock, $1 par value, 250 million shares authorized, 65 million and 65 million shares issued, respectively, and 56 million and 55 million shares outstanding, respectively 65 64
Additional paid-in capital 3,485 3,462
Retained earnings 1,330 1,311
Accumulated other comprehensive loss (1,624) (1,545)
Treasury stock, 9 million and 9 million shares, respectively (530) (609)
Total Whirlpool stockholders' equity 2,726 2,683
Noncontrolling interests (11) 250
Total stockholders' equity 2,715 2,933
Total liabilities and stockholders' equity $ 16,001 $ 16,301
v3.25.4
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Accounts receivable, net of allowance $ 56 $ 46
Property, net of accumulated depreciation 5,547 5,414
Other intangibles, net of accumulated amortization $ 464 $ 447
Common stock, par value (in USD per share) $ 1 $ 1
Common stock, shares authorized (in shares) 250 250
Common stock, shares issued (in shares) 65 65
Common stock, shares outstanding (in shares) 56 55
Treasury stock (in shares) 9 9
v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net earnings (loss) $ 341 $ (305) $ 488
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:      
Depreciation and amortization 338 333 361
Impairment of goodwill, other intangibles and other assets 143 381 0
Loss (gain) on sale and disposal of businesses (280) 264 106
Equity method investment (income) loss, net of tax 34 107 28
Share based compensation and other 137 91 34
Changes in assets and liabilities:      
Accounts receivable 40 (14) 159
Inventories (372) 172 (123)
Accounts payable 174 125 1
Accrued advertising and promotions 90 63 (37)
Accrued expenses and current liabilities 39 7 122
Taxes deferred and payable, net (67) (183) (97)
Accrued pension and postretirement benefits 21 (24) (59)
Employee compensation (25) 6 69
Other (142) (188) (137)
Cash provided by (used in) operating activities 470 835 915
Investing activities      
Capital expenditures (389) (451) (549)
Proceeds from sale of assets and businesses 198 95 10
Distributions from equity method investment 13 0 0
Acquisition of businesses, net of cash acquired 0 0 (14)
Cash held by divested businesses (327) (245) 0
Other 0 (1) 0
Cash provided by (used in) investing activities (504) (602) (553)
Financing activities      
Net proceeds from borrowings of long-term debt 1,200 300 304
Net repayments of long-term debt (1,850) (801) (750)
Net proceeds (repayments) from short-term borrowings 340 11 34
Dividends paid (300) (384) (384)
Repurchase of common stock 0 (50) 0
Equity transactions of noncontrolling interest 0 462 0
Common stock issued 0 0 4
Other (10) (14) 0
Cash provided by (used in) financing activities (621) (476) (792)
Effect of exchange rate changes on cash and cash equivalents 49 (149) 45
Less: change in cash classified as held for sale 0 0 (3)
Increase (decrease) in cash and cash equivalents (606) (391) (388)
Cash and cash equivalents at beginning of year 1,275 1,667  
Cash and cash equivalents at end of period 669 1,275 1,667
Cash and cash equivalents at beginning of year   1,570 1,958
Cash and cash equivalents at end of period     1,570
Supplemental disclosure of cash flow information      
Cash paid for interest 350 352 370
Cash paid for income taxes $ 136 $ 181 $ 175
v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock/ Additional Paid-In-Capital
Common Stock
Non- Controlling Interests
Beginning balance at Dec. 31, 2022 $ 2,506 $ 8,261 $ (2,090) $ (3,949) $ 114 $ 170 [1]
Comprehensive income            
Net earnings (loss) 488 481       7 [1]
Other comprehensive income (loss) (88)   (88)      
Comprehensive income (loss) 400 481 (88)     7 [1]
Stock issued (repurchased) 17     17    
Dividends declared (386) (384)       (2) [1]
Ending balance at Dec. 31, 2023 2,537 8,358 (2,178) (3,932) 114 175 [1]
Comprehensive income            
Net earnings (loss) (305) (323)       18 [1]
Other comprehensive income (loss) 37   38     (1) [1]
Comprehensive income (loss) (268) (323) 38     17 [1]
Stock issued (repurchased) 30     30    
Sale of minority interest in subsidiary 462   18 370   74 [1]
Purchase of interest in subsidiary (19)     (5)   (14) [1]
Treasury stock retirement   (6,340)   6,390 (50)  
Dividends declared (386) (384)       (2) [1]
Divestitures 577   577      
Ending balance at Dec. 31, 2024 2,933 1,311 (1,545) 2,853 64 250 [1]
Comprehensive income            
Net earnings (loss) 341 318       23 [1]
Other comprehensive income (loss) (268)   (268)      
Comprehensive income (loss) 73 318 (268)     23 [1]
Stock issued (repurchased) 103     102 1  
Dividends declared (306) (300)       (6) [1]
Divestitures [1] (89)   189     (278)
Ending balance at Dec. 31, 2025 $ 2,715 $ 1,330 $ (1,624) $ 2,955 $ 65 $ (11) [1]
[1] These amounts relate to the deconsolidation of Whirlpool India. For additional information, see Note 16.
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
SIGNIFICANT ACCOUNTING POLICIES SIGNIFICANT ACCOUNTING POLICIES
General Information
Whirlpool Corporation, a Delaware corporation, manufactures products in four countries and markets products in nearly every country around the world under brand names such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, JennAir, and InSinkErator. We conduct our business through three operating segments, which we define based on product category and geography. Whirlpool Corporation's operating and reportable 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. Prior period segment information has been recast to retrospectively reflect this change. The MDA Europe segment was deconsolidated as of April 1, 2024 upon the completion of the contribution agreement transaction with Arcelik. For additional information, see Note 16 to the Consolidated Financial Statements.
Change in Presentation
In 2024, the Company changed its rounding presentation. Certain columns and rows within the consolidated financial statements and tables presented may not add due to rounding and percentages have been calculated from the underlying whole-dollar amounts. This change is not material and does not impact the comparability of our consolidated financial statements.
Principles of Consolidation
The Consolidated Financial Statements are prepared in conformity with U.S. GAAP, and include all majority-owned subsidiaries. All material intercompany transactions have been eliminated upon consolidation. We do not consolidate the financial statements of any company in which we have an ownership interest of 50% or less, unless that company is deemed to be a variable interest entity ("VIE") of which we are the primary beneficiary. VIEs are consolidated when the company is the primary beneficiary of these entities and has the ability to directly impact the activities of these entities. Our primary business purpose and involvement with VIEs is for product development and distribution.
Risks and Uncertainties
The Consolidated Financial Statements presented herein reflect estimates and assumptions made by management at December 31, 2025 and for the twelve months ended December 31, 2025.
These estimates and assumptions affect, among other things, the Company’s goodwill, long-lived asset and indefinite-lived intangible asset valuation; inventory valuation; assessment of the annual effective tax rate; valuation of deferred income taxes and income tax contingencies; and the allowance for expected credit losses and bad debt. Events and changes in circumstances arising after February 11, 2026, including those resulting from the impacts of macroeconomic volatility, as well as the ongoing international conflicts, will be reflected in management’s estimates for future periods.
Goodwill and indefinite-lived intangible assets
We continue to monitor the significant global economic uncertainty to assess the outlook for demand for our products and the impact on our business and our overall financial performance. The results of the annual assessment performed as of October 1, 2025 determined that the carrying value of our JennAir trademark exceeded its fair value by $106 million. The trademark remains at risk for future impairment at December 31, 2025. The InSinkErator and Maytag trademarks are also at risk for impairment at December 31, 2025. The goodwill in our reporting units or other indefinite-lived intangible assets are not presently at risk for future impairment.
The potential impact of demand disruptions, production impacts or supply constraints, along with a number of other factors, could negatively effect revenues for the JennAir, Maytag and InSinkErator
trademarks, but we remain committed to the strategic actions necessary to realize the long-term forecasted revenues and profitability of these trademarks.
A lack of recovery or further deterioration in market conditions, a sustained trend of weaker than expected financial performance for our JennAir, Maytag and InSinkErator trademarks, among other factors, as a result of macroeconomic factors or other unforeseen events, could result in an impairment charge in future periods which could have a material adverse effect on our financial statements.
Income taxes
Under U.S. GAAP, the Company calculates its quarterly tax provision based on an estimated effective tax rate for the year and then adjusts this amount by certain discrete items each quarter. Potential changing and volatile macroeconomic conditions could cause fluctuations in forecasted earnings before income taxes. As such, the Company's effective tax rate could be subject to volatility as forecasted earnings before income taxes are impacted by events which cannot be predicted.
In addition, potential future economic deterioration brought on by the trade and tariff landscape, ongoing international conflicts, and related sanctions or other factors, such as potential sales of businesses and new tax legislation may negatively impact the realizability and/or valuation of certain deferred tax assets.
Reclassifications

We reclassified certain prior period amounts in the Consolidated Financial Statements to conform with current year presentation.
Use of Estimates
We are required to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying Notes. The most significant assumptions are estimates in determining the fair value of goodwill and indefinite-lived intangible assets, assets held for sale, legal contingencies, income taxes and pension and other postretirement benefits. Actual results could differ materially from those estimates.
Revenue Recognition
Revenue is recognized when performance obligations under the terms of a contract with our customers are satisfied, the sales price is determinable, and the risk and rewards of ownership are transferred. Generally the risk and rewards of ownership are transferred with the transfer of control of our products and services. For the majority of our sales, control is transferred to the customer as soon as products are shipped. For a portion of our sales, control is transferred to the customer upon receipt of products at the customer's location. Sales are net of allowances for product returns, which are based on historical return rates and certain promotions. See Note 2 to the Consolidated Financial Statements for additional information.
Sales Incentives
The cost of sales incentives is accrued at the date at which revenue is recognized by Whirlpool as a reduction of revenue. If new incentives are added after the product has been shipped, then they are accrued at that time, also as a reduction of revenue. These accrued promotions are recognized based on the expected value amount of incentives that will be ultimately claimed by trade customers or consumers. If the amount of incentives cannot be reasonably estimated, an accrued promotion liability is recognized for the maximum potential amount. See Note 2 to the Consolidated Financial Statements for additional information.
Accounts Receivable and Allowance for Expected Credit Losses
We carry accounts receivable at sales value less an allowance for expected credit losses. We estimate our expected credit losses primarily by using an aging methodology and establish customer-specific reserves for higher risk trade customers. Our expected credit losses are evaluated
and controlled within each geographic region considering the unique credit risk specific to the country, marketplace and economic environment. We take into account a combination of specific customer circumstances, credit conditions, market conditions, reasonable and supportable forecasts of future economic conditions and the history of write-offs and collections in developing the reserve. We evaluate items on an individual basis when determining accounts receivable write-offs. In general, our policy is to not charge interest on trade receivables after the invoice becomes past due. A receivable is considered past due if payment has not been received within agreed upon invoice terms.
Transfers and Servicing of Financial Assets
In an effort to manage economic and geographic trade customer risk, from time to time, the Company will transfer, primarily without recourse, accounts receivable balances of certain customers to financial institutions resulting in a nominal impact recorded in interest and sundry (income) expense. These transactions are accounted for as sales of the receivables resulting in the receivables being de-recognized from the Consolidated Balance Sheets. These transfers do not require continuing involvement from the Company.
Certain arrangements include servicing of transferred receivables by Whirlpool. Outstanding accounts receivable transferred under arrangements where the Company continues to service the transferred asset was $233 million and $183 million as of December 31, 2025 and December 31, 2024, respectively. The amount of cash proceeds received under these arrangements was $646 million and $574 million for the twelve months ended December 31, 2025 and December 31, 2024, respectively.
Freight and Warehousing Costs
We classify freight and warehousing costs within cost of products sold in our Consolidated Statements of Income (Loss).
Cash and Cash Equivalents
All highly liquid debt instruments purchased with an initial maturity of three months or less are considered cash equivalents. Short-term investments are primarily comprised of money market funds and highly liquid, low risk investments with initial maturities less than 90 days. See Note 10 to the Consolidated Financial Statements for additional information.
Fair Value Measurements
We measure fair value based on an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, a three-tiered fair value hierarchy is established, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets that are observable, either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. Certain investments are valued based on net asset value (NAV), which approximates fair value. Such basis is determined by referencing the respective fund's underlying assets. There are no unfunded commitments or other restrictions associated with these investments. We had Level 3 assets at December 31, 2025 and 2024 that included pension plan assets disclosed in Note 8 to the Consolidated Financial Statements. We had no Level 3 liabilities at December 31, 2025 and 2024, respectively.
We measured fair value for money market funds, available for sale investments and held-to-maturity securities using quoted market prices in active markets for identical or comparable assets. We measured fair value for derivative contracts, all of which have counterparties with high credit ratings, based on model driven valuations using significant inputs derived from observable market data. We also measured fair value for disposal groups held for sale based on the expected proceeds received from the sale. For assets measured at net asset values, we have no unfunded commitments or significant restraints. We measured fair value (non-recurring) for goodwill and other intangibles
using a discounted cash flow model and a relief-from-royalty method, respectively, with inputs based on both observable and unobservable market data.
Inventories
MDA North America and MDA Europe (through Q1 2024) reporting segments use the FIFO method of inventory valuation. MDA Latin America inventories are stated at average cost. SDA Global consists of both inventory valuation methods. Costs include materials, labor and production overhead at normal production capacity. Costs do not exceed net realizable values.
Property
Property is stated at cost, net of accumulated depreciation. For production machinery and equipment, we record depreciation based on units produced, unless units produced drop below a minimum threshold at which point depreciation is recorded using the straight-line method. For certain acquired production assets, we depreciate costs based on the straight-line method.
Property, plant and equipment and related accumulated depreciation of all divested businesses have been removed. For additional information, see Note 16 to the Consolidated Financial Statements.
Depreciation expense for property, including accelerated depreciation classified as restructuring expense in our Consolidated Statements of Income (Loss), was $312 million, $302 million and $321 million in 2025, 2024 and 2023, respectively.
The following table summarizes our property at December 31, 2025 and 2024:
Millions of dollars20252024Estimated Useful Life
Land$26 $36 
N/A
Buildings1,024 981 
10 to 50 years
Machinery and equipment6,691 6,673 
3 to 20 years
Accumulated depreciation(5,547)(5,414)
Property plant and equipment, net$2,194 $2,275 
We classify gains and losses associated with asset dispositions in the same line item as the underlying depreciation of the disposed asset in the Consolidated Statements of Income (Loss).
During the twelve months ended December 31, 2025, we disposed of buildings, machinery and equipment with a net carrying value of $28 million, compared to $7 million in prior year. The net gain or loss on disposals was immaterial in 2025, 2024, and 2023.
We record impairment losses on long-lived assets, excluding goodwill and indefinite-lived intangibles, when events and circumstances indicate the assets may be impaired and the estimated undiscounted future cash flows generated by those assets are less than their carrying amounts.
Excluding assets held for sale, there were impairments of $38 million recorded during 2025 and immaterial impairments in 2024 and 2023, respectively. For additional information, see Notes 10 and 16 to the Consolidated Financial Statements.
Capitalization of Internal Use Software Costs
We capitalize certain computer software development costs associated with qualifying application development stage activities or the acquisition of computer software for internal use. Capitalization is determined based on specific criteria, including whether the software is in the development stage and meets defined criteria for capitalization.

Capitalized software costs are recognized as part of property, plant, and equipment within machinery and equipment and are depreciated on a straight-line basis over the estimated useful lives of the software, generally not exceeding five years.
As of December 31, 2025 and December 31, 2024, capitalized software costs, net of accumulated depreciation, amounted to $167 million and $141 million, respectively. The depreciation expense recorded for these assets was $5 million, $5 million, and $3 million for the twelve months ended 2025, 2024, and 2023, respectively. There were no significant impairments recorded during 2025, 2024 and 2023, respectively.
Leases
We determine if an arrangement contains a lease at contract inception and determine the lease term by assuming the exercise of those renewal options that are reasonably assured. Leases with an initial term of 12 months or less are not recorded in the Consolidated Balance Sheets and we recognize lease expense for these leases on a straight-line basis over the lease term. We elect to not separate lease and non-lease components for all leases.
As the Company's lease agreements normally do not provide an implicit interest rate, we apply the Company's incremental borrowing rate based on the information available at commencement date in determining the present value of future lease payments. Relevant information used in determining the Company's incremental borrowing rate includes the duration of the lease, location of the lease, and the Company's credit risk relative to risk-free market rates.
Certain leases also include options to purchase the underlying asset at fair market value. If leased assets have leasehold improvements, typically the depreciable life of those leasehold improvements are limited by the expected lease term. Additionally, certain lease agreements include lease payment adjustments for inflation.
Goodwill and Other Intangibles
We perform our annual impairment assessment for goodwill and indefinite-lived intangible assets as of October 1st and more frequently if indicators of impairment exist. We consider qualitative factors to assess if it is more likely than not that the fair value for goodwill or indefinite-lived intangible assets is below the carrying amount. We may also elect to bypass the qualitative assessment and perform a quantitative assessment.
In conducting a qualitative assessment, the Company analyzes a variety of events or factors that may influence the fair value of the reporting unit or indefinite-lived intangible asset, including, but not limited to: macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, share price and other relevant factors.
Goodwill
We have four reporting units which we assess for impairment: Major Domestic Appliances ("MDA") North America, MDA Latin America, MDA Asia, and Small Domestic Appliances ("SDA") Global. In performing a quantitative assessment of goodwill, we estimate each reporting unit's fair value using the best information available to us, including market information and discounted cash flow projections, also referred to as the income approach. The income approach uses the reporting unit's projections of estimated operating results and cash flows and discounts them using a market participant discount rate based on a weighted-average cost of capital. We further validate our estimates of fair value under the income approach by incorporating the market approach.
If the fair value of the reporting unit exceeds its carrying amount, no impairment loss is measured. If the carrying amount of a reporting unit exceeds the reporting unit’s fair value, then a goodwill impairment loss is measured at the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill.
For additional information, see Notes 5 and 10 to the Consolidated Financial Statements.
Intangible Assets
We perform a quantitative assessment of other indefinite-lived intangible assets, which are primarily comprised of trademarks. We estimate the fair value of these intangible assets using the relief-from-
royalty method, which primarily requires assumptions related to projected revenues from our long-range plan, assumed royalty rates that could be payable if we did not own the trademark, and a market participant discount rate based on a weighted-average cost of capital.
Other definite-life intangible assets are amortized over their useful life and are assessed for impairment when impairment indicators are present.
For additional information, see Notes 5 and 10 to the Consolidated Financial Statements.
Supply Chain Financing Arrangements
The Company has ongoing agreements globally with various third-parties to allow certain suppliers the opportunity to sell receivables due from us to participating financial institutions at the sole discretion of both the suppliers and the financial institutions.
We have no economic interest in the sale of these receivables and no direct financial relationship with the financial institutions concerning these services. Our obligations to suppliers, including amounts due and scheduled payment terms, are not impacted. All outstanding balances under these programs are recorded in accounts payable on our Consolidated Balance Sheets. The following table summarizes the changes in outstanding obligations for the periods presented:
Millions of dollarsOutstanding Obligations
Confirmed obligations outstanding as of December 31, 2024
$794 
Invoices confirmed during the period2,327 
Confirmed invoices paid during the period(2,394)
Impact of foreign currency37 
Confirmed obligations outstanding as of December 31, 2025
$763 
Derivative Financial Instruments
We use derivative instruments designated as cash flow, fair value and net investment hedges to manage our exposure to the volatility in material costs, foreign currency and interest rates on certain debt instruments. Changes in the fair value of derivative assets or liabilities (i.e., gains or losses) are recognized depending upon the type of hedging relationship and whether a hedge has been designated. For those derivative instruments that qualify for hedge accounting, we designate the hedging instrument, based upon the exposure being hedged, as a cash flow hedge, fair value hedge, or a hedge of a net investment in a foreign operation. For a derivative instrument designated as a fair value hedge, the gain or loss on the derivative is recognized in earnings immediately with the offsetting gain or loss on the hedged item. For a derivative instrument designated as a cash flow hedge, the effective portion of the derivative's gain or loss is initially reported as a component of Other Comprehensive Income (Loss) and is subsequently recognized in earnings when the hedged exposure affects earnings. For a derivative instrument designated as a hedge of a net investment in a foreign operation, the effective portion of the derivative's gain or loss is reported in Other Comprehensive Income (Loss) as part of the cumulative translation adjustment. Changes in fair value of derivative instruments that do not qualify for hedge accounting are recognized immediately in current net earnings. See Note 9 to the Consolidated Financial Statements for additional information about hedges and derivative financial instruments.
Foreign Currency Translation and Transactions
Foreign currency denominated assets and liabilities are translated into United States dollars at exchange rates existing at the respective balance sheet dates. Translation adjustments resulting from fluctuations in exchange rates are recorded as a separate component of Accumulated Other Comprehensive Income (Loss). The results of operations of foreign subsidiaries are translated at the average exchange rates during the respective periods. Gains and losses resulting from foreign currency transactions are included in net earnings.
Research and Development Costs
Research and development costs are charged to expense and totaled $370 million, $405 million and $473 million in 2025, 2024 and 2023, respectively.
Advertising Costs
Advertising costs are charged to expense when the advertisement is first communicated and totaled $276 million, $264 million and $392 million in 2025, 2024 and 2023, respectively.

Income Taxes and Indirect Tax Matters
We account for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement and tax basis of assets and liabilities using enacted rates. The effect of a change in tax rates on deferred tax assets is recognized in income in the period of the enactment date.
We recognize, primarily in other noncurrent liabilities in the Consolidated Balance Sheets, the effects of uncertain income tax positions. Interest and penalties related to uncertain tax positions are reflected in income tax expense. We record liabilities, net of the amount, after determining it is more likely than not that the uncertain tax position will not be sustained upon examination based on its technical merits. We accrue for indirect tax contingencies when we determine that a loss is probable and the amount or range of loss is reasonably estimable.
Provision is made for taxes on undistributed earnings of foreign subsidiaries and related companies to the extent that such earnings are not deemed to be permanently invested.
See Note 14 to the Consolidated Financial Statements for additional information.
Share-based Incentive Plans
Share-based compensation expense is based on the grant date fair value and is expensed over the period during which an employee is required to provide service in exchange for the award (generally the vesting period). The Company's Share-based incentive plans include stock options, performance stock units, and restricted stock units, among other award types. The fair value of stock options are determined using the Black-Scholes option-pricing model, which incorporates assumptions regarding the risk-free interest rate, expected volatility, expected option life, expected forfeitures and dividend yield. Expected forfeitures are based on historical experience. Stock options are granted with an exercise price equal to the closing stock price on the date of grant. The fair value of restricted stock units and performance stock units is generally based on the closing market price of Whirlpool common stock on the grant date. Share-based compensation is recorded in selling, general and administrative expense on our Consolidated Statements of Income (Loss). See Note 12 to the Consolidated Financial Statements for additional information.
Acquisitions
We include the results of operations of the businesses in which we acquire a controlling financial interest in our Consolidated Financial Statements beginning as of the acquisition date. On the acquisition date, we recognize, separate from goodwill, the assets acquired, including separately identifiable intangible assets, and the liabilities assumed based on the preliminary purchase price allocation. The excess of the consideration transferred over the fair values assigned to the net identifiable assets and liabilities of the acquired business is recognized as goodwill. Transaction costs are recognized separately from the acquisition and are expensed as incurred.
We may adjust preliminary amounts recognized at the acquisition date to their subsequently determined acquisition-date fair values during the measurement period which is twelve months from acquisition date.
For additional information, see Note 16 to the Consolidated Financial Statements.
Equity Method Investments
The Company has various investments accounted for using the equity method. Under the equity method of accounting, the Company records its proportionate share of the net income or loss of each equity method investee, with a corresponding change to the carrying value of the investment. The Company records its share of earnings or losses from the equity method investees on a one-to-three-month lag, depending on when the financial information is available for these entities.
The Company records its proportionate share of net income or loss within the Equity method investment income (loss), net of tax line on the Consolidated Statement of Income (Loss). The carrying value of the investments are recorded within the Investment in affiliated companies on the Consolidated Balance Sheet.
The carrying value of the investment is also adjusted for any dividends received and the effect of foreign exchange. The Company has elected to record dividends received from its equity method investments under the nature of distribution approach, which provides for the recording of such distributions within operating or financing activities in the Consolidated Statement of Cash Flows based on the source of distribution.
Our primary equity method investments include partial ownership in Whirlpool China, an entity that was previously controlled by the Company, partial ownership in Beko Europe B.V. (Beko), an entity resulting from the April 1, 2024 transaction with Arcelik, and partial ownership in Whirlpool India, an entity that was previously controlled by the Company. Whirlpool China, Beko, and Whirlpool India are considered related parties. For additional information, see Note 16 to the Consolidated Financial Statements.
The following table summarizes the amounts related to the Company's primary equity method investments during the periods presented.
Millions of dollarsReporting LagDecember 31, 2025December 31, 2024
Percentage OwnershipCarrying AmountPercentage OwnershipCarrying Amount
Beko Europe B.V.1 month25 %$19 25 %$74 
Whirlpool China1 month20 %$196 20 %$191 
Whirlpool India3 months40 %$599 N/AN/A
The fair value of the investment in Beko at the date of deconsolidation on April 1, 2024 was calculated based on a discounted cash flow analysis and multiple market data points (Level 3 input), resulting in a fair value of $186 million. As of December 31, 2025, the carrying amount of the investment is $19 million, reflecting the recognition of equity method investment losses during the year. The fair value of our investment in Whirlpool China, based on the quoted market price, is $209 million as of December 31, 2025. The fair value of the investment in Whirlpool India at the date of deconsolidation on December 1, 2025, was $599 million based on the quoted market price (Level 1 input). As of December 31, 2025, the fair value of this investment is $504 million.
In 2024, we completed a market transaction reducing our ownership in Whirlpool India from 75% to 51%. In November 2025 we completed another market transaction to further reduce our ownership In Whirlpool India to approximately 40%.
Management has concluded that there are no indicators of other than temporary impairment related to these investments.
The following table summarizes the amounts recorded related to the Company's primary equity method investments during the periods presented.
Millions of dollarsTwelve Months Ended December 31,
20252024
Accounts Payable$198 $101 
Purchases$363 $261 
The licensing revenue or the dividends received from our equity method investments and their subsidiaries is not material for the periods presented. There are also no material accounts receivable or sales with these investments for the periods presented.
For additional information, see Note 16 to the Consolidated Financial Statements.
Adoption of New Accounting Standards
On January 1, 2026, we adopted the FASB issued Update 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". The adoption of this standard did not have a material impact on our Consolidated Financial Statements, however we have expanded our Effective Tax Rate Table and Income Taxes Paid disclosure to include additional information. See Note 14 to the Consolidated Financial Statements.
On January 1, 2025, we adopted the FASB issued Update 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures". The adoption of this standard did not have a material impact on our Consolidated Financial Statements, however we have expanded our Segment disclosure to include additional information that is significant to the chief operating decision maker, who is the Company’s Chairman and Chief Executive Officer. For additional information on the required disclosures related to the impact of adopting this standard, see Note 15 to the Consolidated Financial Statements.
All other standards adopted for the year ended December 31, 2025 did not have a material impact on our Consolidated Financial Statements.
Accounting Pronouncements Issued But Not Yet Effective
In November 2024, the FASB issued Update 2024-03, "Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40)". This update applies to all public business entities. The FASB issued the Update to improve the disclosures about a public company's expenses and address requests from investors for more detailed information about the types of expenses (including purchases of inventory, employee compensation, depreciation, amortization, and depletion) in commonly presented expense captions (such as cost of sales, SG&A, and research and development). The new standard is effective for annual periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of adopting this new standard.
All other issued and not yet effective accounting standards are not relevant to the Company.
v3.25.4
REVENUE RECOGNITION
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Revenue from Contracts with Customers
In accordance with Topic 606, revenue is recognized when performance obligations under the terms of a contract with our customer are satisfied; generally this occurs with the transfer of control of our products or services. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring products or providing services. Certain customers may receive cash and/or non-cash incentives, which are accounted for as variable consideration. To achieve the core principle, the Company applies the following five steps:
1. Identify the contract with a customer
A contract with a customer exists when (i) the Company enters into an agreement with a customer that defines each party's rights regarding the products or services to be transferred and identifies the payment terms related to these products or services, (ii) both parties to the contract are committed to perform their respective obligations, (iii) the contract has commercial substance, and (iv) the Company determines that collection of substantially all consideration for products or services that are transferred is probable based on the customer's intent and ability to pay the promised consideration. The Company applies judgment in determining the customer's ability and intention to pay, which is based on a variety of factors including the customer's payment history or, in the case of a new customer, published credit and financial information pertaining to the customer.
2. Identify the performance obligations in the contract
Performance obligations promised in a contract are identified based on the products or services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the product or service either on its own or together with other resources that are readily available from third parties or from the Company, and are distinct in the context of the contract, whereby the transfer of the products or services is separately identifiable from other promises in the contract. To the extent a contract includes multiple promised products or services, the Company must apply judgment to determine whether promised products or services are capable of being distinct and distinct in the context of the contract. If these criteria are not met, the promised products or services are accounted for as a combined performance obligation. The Company has elected to account for shipping and handling activities as a fulfillment cost as permitted by the standard.
3. Determine the transaction price
The transaction price is determined based on the consideration to which the Company will be entitled in exchange for transferring products or services to the customer. To the extent the transaction price is variable, revenue is recognized at an amount equal to the consideration to which the Company expects to be entitled. This estimate includes customer sales incentives which are accounted for as a reduction to revenue and estimated primarily using the expected value method. Determining the transaction price requires significant judgment, which is discussed by revenue category in further detail below.
In practice, we do not offer extended payment terms beyond one year to customers. As such, we do not adjust our consideration for financing arrangements.
4. Allocate the transaction price to performance obligations in the contract
If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price to each performance obligation based on a relative standalone selling price basis unless a portion of the variable consideration related to the contract is allocated entirely to a performance obligation. The Company determines standalone selling price based on the price at which the performance obligation is sold separately.
5. Recognize revenue when or as the Company satisfies a performance obligation
The Company generally satisfies performance obligations at a point in time. Revenue is recognized based on the transaction price at the time the related performance obligation is satisfied by transferring a promised product or service to a customer. The impact to revenue related to prior period performance obligations is less than 1% of global consolidated revenues for the twelve months ended December 31, 2025, 2024 and 2023, respectively.
Disaggregation of Revenue
The following table presents our disaggregated revenues by revenue source. We sell products within all major product categories in each operating segment. For additional information on the disaggregated revenues by operating segment, see Note 15 to the Consolidated Financial Statements.
Twelve months ended
Millions of dollars202520242023
Major product categories:
Laundry$4,376 $4,585 $5,333 
Refrigeration4,790 5,097 5,794 
Cooking3,687 3,939 4,721 
Dishwashing1,175 1,276 1,729 
Total major product category net sales $14,028 $14,897 $17,577 
Spare parts and warranties550 649 953 
Other946 1,062 925 
Total net sales$15,524 $16,607 $19,455 
Major Product Category Sales
Whirlpool Corporation manufactures and markets a full line of home appliances and related products and services. Our major product categories include the following: refrigeration, laundry, cooking, and dishwashing. The refrigeration product category includes refrigerators, freezers, ice makers and refrigerator water filters. The laundry product category includes laundry appliances, commercial laundry products and related laundry accessories. The cooking category includes cooking appliances and other small domestic appliances. The dishwashing product category includes dishwasher appliances and related accessories.
For product sales, we transfer control and recognize a sale when we ship the product from our manufacturing facility to our customer or when the customer receives the product based upon agreed shipping terms. Each unit sold is considered an independent, unbundled performance obligation. We do not have any additional performance obligations other than product sales that are material in the context of the contract. The amount of consideration we receive and revenue we recognize varies due to sales incentives and returns we offer to our customers. When we give our customers the right to return eligible products, we reduce revenue for our estimate of the expected returns which is primarily based on an analysis of historical experience.
Spare Parts & Warranties
Spare parts are primarily sold to parts distributors and retailers, with a small number of sales to end consumers. For spare part sales, we transfer control and recognize a sale when we ship the product to our customer or when the customer receives product based upon agreed shipping terms. Each unit sold is considered an independent, unbundled performance obligation. We do not have any additional performance obligations other than spare part sales that are material in the context of the contract. The amount of consideration we receive and revenue we recognize varies due to sales incentives and returns we offer to our customers. When we give our customers the right to return eligible products, we reduce revenue for our estimate of the expected returns which is primarily based on an analysis of historical experience.
Warranties are classified as either assurance type or service type warranties. A warranty is considered an assurance type warranty if it provides the consumer with assurance that the product will function as intended. A warranty that goes above and beyond ensuring standard functionality is considered a service type warranty. The Company offers certain limited warranties that are assurance type warranties and extended service arrangements that are service type warranties. Assurance type warranties are not accounted for as separate performance obligations under the revenue model. If a service type warranty is sold with a product or separately, revenue is recognized over the life of the warranty. The Company evaluates warranty offerings in comparison to industry standards and market expectations to determine appropriate warranty classification. Industry standards and market expectations are determined by jurisdictional laws, competitor offerings and customer expectations. Market expectations and industry standards can vary based on product type and geography. The Company primarily offers assurance type warranties.
Whirlpool sells certain extended service arrangements separately from the sale of products. Whirlpool acts as a sales agent under a majority of these arrangements whereby the Company receives a fee that is recognized as revenue upon the sale of the extended service arrangement.
Other Revenue
Other revenue sources include primarily the revenues from the InSinkErator business, subscription arrangements and licenses as described below.
InSinkErator revenues consist primarily of food waste disposers and instant hot water dispensers. We transfer control and recognize a sale when we ship the product from our manufacturing facility to our customer or when the customer receives the product based upon agreed shipping terms, in a similar manner as our major product category sales.
The Company previously had a water filtration subscription business, operating under our Brastemp brand, in our Latin America segment which provided water filtration systems for consumer and business locations. On January 16, 2024, the Company entered into a share purchase agreement with a third-party buyer to sell the Company's Brastemp water filtration subscription business in the Latin America region and the transaction closed on July 1, 2024. For additional information, see Note 16 to the Consolidated Financial Statements.
We license our brands in arrangements that do not include other performance obligations. Whirlpool licensing provides a right of access to the Company's intellectual property throughout the license period. Whirlpool recognizes licensing revenue over the life of the license contract as the underlying sale or usage occurs. As a result, we recognize revenue for these contracts at the amount which directly corresponds to the value provided to the customer.
Costs to Obtain or Fulfill a Contract
We do not capitalize costs to obtain a contract because a nominal number of contracts have terms that extend beyond one year. The Company does not have a significant amount of capitalized costs related to fulfillment.
Sales Tax and Indirect Taxes
The Company is subject to certain indirect taxes in certain jurisdictions including but not limited to sales tax, value added tax, excise tax and other taxes we collect concurrent with revenue-producing activities that are excluded from the transaction price, and therefore, excluded from revenue.
Allowance for Expected Credit Losses and Bad Debt Expense
We estimate our expected credit losses primarily by using an aging methodology and establish customer-specific reserves for higher risk trade customers. Our expected credit losses are evaluated and controlled within each geographic region 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 doubtful accounts by operating segment for the twelve months ended December 31, 2025.
Millions of dollars
December 31, 2024
Charged to EarningsWrite-offsForeign CurrencyOtherDecember 31, 2025
Accounts receivable allowance
MDA North America$$6 $(2)$ $ $12 
MDA Latin America33 2  4  39 
SDA Global1    3 
Other1   (2)2 
Consolidated$46 $10 $(2)$4 $(2)$56 
Financing receivable allowance
MDA Latin America$23 $ $ $3 $ $26 
Consolidated$69 $10 $(2)$7 $(2)$82 
We recorded an immaterial amount of bad debt expense for the years ended December 31, 2025, 2024 and 2023, respectively.
v3.25.4
LEASES
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
LEASES LEASES
Leases
We lease certain manufacturing facilities, warehouses/distribution centers, office space, land, vehicles, and equipment. At lease inception, we determine the lease term by assuming the exercise of those renewal options that are reasonably assured. Leases with an initial term of 12 months or less are not recorded in the Consolidated Balance Sheets and we recognize lease expense for these leases on a straight-line basis over the lease term. The Company had operating lease costs of approximately $224 million, $216 million and $235 million for the years ended December 31, 2025, 2024 and 2023, respectively.
At December 31, 2025 and 2024, we have no material leases classified as financing leases. We have approximately $999 million of non-cancellable operating lease commitments, excluding variable consideration at December 31, 2025 and $1 billion at December 31, 2024, respectively. The undiscounted annual future minimum lease payments are summarized by year in the table below.
Maturity of Lease LiabilitiesOperating Leases
(in millions)
2026$214 
2027192 
2028158 
2029132 
2030105 
Thereafter197 
Total lease payments$999 
Less: interest$164 
Present value of lease liabilities $836 
The long-term portion of the lease liabilities included in the amounts above is $669 million as of December 31, 2025. The remainder of our lease liabilities are included in other current liabilities in the Consolidated Balance Sheets.
During the year ended December 31, 2025 the weighted average remaining lease term and weighted average discount rate for operating leases was 6 years and 6%. The weighted average remaining lease term and weighted average discount rate was 6 years and 6% for the year ended December 31, 2024.
During the year ended December 31, 2025 the cash paid for amounts included in the measurement of the liabilities and the operating cash flows was $226 million. The right of use assets obtained in exchange for new liabilities was $127 million for the year ended December 31, 2025.
During the year ended December 31, 2024 the cash paid for amounts included in the measurement of the liabilities and the operating cash flows was $206 million. The right of use assets obtained in exchange for new liabilities was $268 million for the year ended December 31, 2024.
As the Company's lease agreements normally do not provide an implicit interest rate, we apply the Company's incremental borrowing rate based on the information available at commencement date in determining the present value of future lease payments. Relevant information used in determining the Company's incremental borrowing rate includes the duration of the lease, location of the lease, and the Company's credit risk relative to risk-free market rates.
Many of our leases include renewal options that can extend the lease term. The execution of those renewal options is at our sole discretion and reflected in the lease term when they are reasonably certain to be exercised.
Certain leases also include options to purchase the underlying asset at fair market value. If leased assets have leasehold improvements, typically the depreciable life of those leasehold improvements are limited by the expected lease term. Additionally, certain lease agreements include lease payment adjustments for inflation.
Our lease agreements do not contain any material residual value guarantees or material restrictive covenants, except for synthetic leases. For additional information, see Synthetic lease arrangements section below.
We rent or sublease certain real estate to third parties. Our sublease portfolio primarily consists of operating leases within our warehouses, resulting in a nominal amount of sublease income for the years ended December 31, 2025, 2024 and 2023, respectively.
Sale-leaseback transactions
In the fourth quarter of 2025, the Company sold and leased back a non-core property for net proceeds of approximately $35 million. The initial total annual rent for the property is approximately $3 million per year over an initial 15 year lease term and is subject to annual rent increases. Under the terms of the lease agreement, the Company is responsible for all taxes, insurance and utilities and is required to adequately maintain the property for the lease term. The Company has four sequential 5-year renewal options.

The transaction met the requirements for sale-leaseback accounting. Accordingly, the Company
recorded the sale of the property, which resulted in a gain of approximately $13 million recorded in selling, general and administrative expense in the Consolidated Statements of Income (Loss) for the twelve months ended December 31, 2025. The related land and building were removed from property, plant and equipment, net and the appropriate right-of-use asset and lease liabilities of approximately $31 million were recorded in the Consolidated Balance Sheets at the time of the transaction in the fourth quarter of 2025.
There were no material sale-leaseback transactions in 2024 or 2023.
Synthetic lease arrangements
We have a number of synthetic lease arrangements with financial institutions for non-core properties. The leases contain provisions for options to purchase, extend the original term for additional periods or return the property. As of December 31, 2025, these arrangements include residual value guarantees of up to approximately $504 million that could potentially come due in future periods. We do not believe it is probable that any material amounts will be owed under these guarantees. Therefore, no material amounts related to the residual value guarantees are included in the lease payments used to measure the right-of-use assets and lease liabilities. The residual value guarantee amounted to $405 million as of December 31, 2024.
The majority of these leases are classified as operating leases. We have assessed the reasonable certainty of these provisions to determine the appropriate lease term. The leases were measured using our incremental borrowing rate and are included in our right of use assets and lease liabilities in the Consolidated Balance Sheets. Rental payments are calculated at the applicable reference rate plus a margin. The impact to the Consolidated Balance Sheets and Consolidated Statements of Income (Loss) is nominal.
v3.25.4
INVENTORIES
12 Months Ended
Dec. 31, 2025
Inventory, Net [Abstract]  
INVENTORIES INVENTORIES
The following table summarizes our inventories at December 31, 2025 and 2024:
Millions of dollars20252024
Finished products$1,750 $1,463 
Raw materials and work in process557 572 
Total inventories$2,307 $2,035 
v3.25.4
GOODWILL AND OTHER INTANGIBLES
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLES GOODWILL AND OTHER INTANGIBLES
Goodwill
As of January 1, 2024, we reorganized our operating segments. As a result, goodwill balances were reallocated based on the relative fair value of our new segments. The following table summarizes the goodwill attributable to our reporting units for the periods presented:
Millions of dollarsMDA North
America
MDA Latin
America
MDA AsiaSDA GlobalTotal
Whirlpool
Beginning balance January 1, 2024
$2,419 $31 $248 $632 $3,330 
Currency translation adjustment (4)(1)(3)— (8)
Ending balance December 31, 2024
$2,415 $30 $245 $632 $3,322 
Currency translation adjustment$3 $(1)$(4)$ $(2)
Divestitures$ $ $(217)$ $(217)
Ending balance December 31, 2025
$2,418 $29 $24 $632 $3,103 
Annual impairment assessment
We completed our annual impairment assessment for goodwill as of October 1, 2025 and October 1, 2024, respectively. The Company elected to bypass the qualitative assessment and perform a quantitative assessment to evaluate goodwill for all our reporting units. Based on the quantitative assessment we determined there was no impairment of goodwill in either period. For additional information, see Note 10 to the Consolidated Financial Statements.
Other Intangible Assets
The following table summarizes other intangible assets for the period presented:
December 31, 2025December 31, 2024
Millions of dollarsGross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Other intangible assets, finite lives:
Customer relationships (1)
$633 $(366)$268 $665 $(349)$316 
Patents and other (2)
98 (98)100 (97)
Total other intangible assets, finite lives$731 $(464)$268 $765 $(447)$318 
Trademarks, indefinite lives (3)
2,295  2,295 2,399 — 2,399 
Total other intangible assets $3,026 $(464)$2,563 $3,164 $(447)$2,717 
(1)Customer relationships have an estimated useful life of 5 to 18 years.
(2)Patents and other intangibles have an estimated useful life of 3 to 43 years.
(3)Includes InSinkErator, Maytag, and JennAir trademarks with carrying values of $1.3 billion, $640 million, and $198 million respectively, at December 31, 2025, and $1.3 billion, $640 million, and $304 million, respectively, at December 31, 2024.
Annual impairment assessment
We completed our annual impairment assessment for other intangible assets as of October 1, 2025. The Company elected to bypass the qualitative assessment and perform a quantitative assessment to evaluate certain indefinite-life intangible assets within our MDA North America operating segment. The results of the quantitative assessment determined that the carrying value of our JennAir trademark exceeded its fair value by $106 million. Accordingly, an impairment charge of $106 million was recorded during the fourth quarter of 2025 and was recorded within Impairment of Goodwill and Other Intangibles. The brand has been unfavorably impacted by the downturn in discretionary demand in the ultra-premium segment. There were no impairments identified for any other intangible assets. For additional information, see Note 10 to the Consolidated Financial Statements.
We completed our annual impairment assessment for other intangible assets as of October 1, 2024. The Company elected to bypass the qualitative assessment and perform a quantitative assessment to evaluate certain indefinite-life intangible assets within our MDA North America operating segment. The results of the quantitative assessment determined that the carrying value of our Maytag trademark exceeded its fair value by $381 million. Accordingly, an impairment charge of $381 million was recorded during the fourth quarter of 2024 and was recorded within Impairment of Goodwill and Other Intangibles. The brand has been unfavorably impacted as Whirlpool has since refocused its brand strategy to the laundry category. There were no impairments identified for any other intangible assets.
See Note 10 to the Consolidated Financial Statements for additional information.
Amortization Expense
Amortization expense was $26 million, $31 million and $40 million for the years ended December 31, 2025, 2024 and 2023, respectively.
The following table summarizes our future estimated amortization expense by year:
Millions of dollars 
2026$22 
202722 
202822 
202922 
203021 
v3.25.4
FINANCING ARRANGEMENTS
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
FINANCING ARRANGEMENTS FINANCING ARRANGEMENTS
Long-Term Debt
The following table summarizes our long-term debt at December 31, 2025 and 2024:
Millions of dollars20252024
Term Loan - SOFR +125bps, maturing 2025
$ $1,500 
Senior Note - 3.70%, maturing 2025
 350 
Senior Note - 1.25%, maturing 2026(1)
587 516 
Senior Note - 1.10%, maturing 2027(1)
703 619 
Senior Note - 0.50%, maturing 2028(1)
586 516 
Senior Note - 4.75%, maturing 2029
697696 
Senior Note - 6.125%, maturing 2030
600 — 
Senior Note - 2.40%, maturing 2031
300 300 
Senior Note - 4.75%, maturing 2032
298 298 
Senior Note - 5.50%, maturing 2033
300 300 
Senior Note - 6.50%, maturing 2033
600 — 
Senior Note - 5.75%, maturing 2034
299 299 
Senior Note - 5.15%, maturing 2043
249 249 
Senior Note - 4.50%, maturing 2046
497 497 
Senior Note - 4.60%, maturing 2050
493 493 
Other, net(39)(25)
$6,169 $6,608 
Less current maturities586 1,850 
Total long-term debt$5,583 $4,758 
(1)Euro denominated debt reflects impact of currency
For outstanding notes issued by our wholly-owned subsidiaries the debt is fully and unconditionally guaranteed by the Company.
The following table summarizes the contractual maturities of our long-term debt (net of discounts or premiums), including current maturities, at December 31, 2025:
Millions of dollars 
2026$586 
2027702 
2028585 
2029695 
2030592 
Thereafter3,008 
Long-term debt, including current maturities$6,169 
Debt Offering
On June 9, 2025, Whirlpool Corporation (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Mizuho Securities USA LLC, BNP Paribas Securities Corp., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein, relating to the offering by the Company of $600 million aggregate principal amount of 6.125% Senior Notes due 2030 and $600 million aggregate principal amount of 6.500% Senior Notes due 2033 (collectively, the “2030 and 2033 Notes”), in a public offering pursuant to a registration statement on Form S-3 (File No. 333-276169), and a preliminary prospectus supplement and prospectus supplement related to the offering of the
2030 and 2033 Notes, each as previously filed with the Securities and Exchange Commission (the “Commission”). On June 11, 2025, the Company closed its offering of the 2030 and 2033 Notes.
The 2030 and 2033 Notes contain covenants that limit the Company's ability to incur certain liens or enter into certain sale and lease-back transactions. In addition, if we experience a specific kind of change of control, we are required to make an offer to purchase all of the 2030 and 2033 Notes at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest. The Company used the net proceeds from the issuance of the 2030 and 2033 Notes to repay a portion of the $1.5 billion outstanding under the term loan agreement with a maturity date of October 31, 2025.
On February 22, 2024, the Company entered into an Underwriting Agreement (the "Underwriting Agreement") with SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC, Mizuho Securities USA LLC, Scotia Capital (USA) Inc. and SG Americas Securities, LLC, as representatives of the several underwriters named therein, relating to the offering by the Company of $300 million aggregate principal amount of 5.750% Senior Notes due 2034 (the "2034 Notes"), in a public offering pursuant to a registration statement on Form S-3 (File No. 333-276169), and a preliminary prospectus supplement and prospectus supplement related to the offering of the 2034 Notes, each as previously filed with the Securities and Exchange Commission (the "Commission"). On February 27, 2024, the Company closed its offering of the 2034 Notes.
The 2034 Notes contain covenants that limit the Company's ability to incur certain liens or enter into certain sale and lease-back transactions. In addition, if we experience a specific kind of change of control, we are required to make an offer to purchase all of the 2034 Notes at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest. The Company used the net proceeds from the issuance of the 2034 Notes, together with cash on hand, to repay, at maturity, all $300 million aggregate principal amount of the Company's 4.000% Notes due March 1, 2024.
Term Loan Agreement
On September 23, 2022, the Company entered into a Term Loan Agreement by and among the Company, Sumitomo Mitsui Banking Corporation (“SMBC”), as Administrative Agent and Syndication Agent and as lender, and certain other financial institutions as lenders. SMBC, BNP Paribas, ING Bank N.V., Dublin Branch, Mizuho Bank, Ltd., and Societe Generale acted as Joint Lead Arrangers and Syndication Agents; The Bank of Nova Scotia and Bank of China, Chicago Branch acted as Documentation Agents; and SMBC acted as Sole Bookrunner for the Term Loan Agreement. The Term Loan Agreement provides for an aggregate lender commitment of $2.5 billion. The Company utilized proceeds from the term loan facility on a delayed draw basis to fund a majority of the $3.0 billion purchase price consideration for the Company’s acquisition from Emerson Electric Co. (“Emerson”) of Emerson’s InSinkErator business, as set forth in the Asset and Stock Purchase Agreement between Whirlpool and Emerson dated as of August 7, 2022 (the “Acquisition Agreement”).
The term loan facility was divided into two tranches: a $1 billion tranche with a maturity date of April 30, 2024, of which $500 million was repaid in December 2023 and the remaining $500 million was repaid in April 2024; and a $1.5 billion tranche with a maturity date of October 31, 2025, of which $1.2 billion was repaid in June 2025 and the remaining $300 million was repaid in October 2025. The term loan was repaid in full as of December 31, 2025.
Credit Facilities
On May 3, 2022, the Company entered into a Fifth Amended and Restated Long-Term Credit Agreement (the “Amended Long-Term Facility”) by and among the Company, certain other borrowers, the lenders referred to therein, JPMorgan Chase Bank, N.A. as Administrative Agent, and Citibank, N.A., as Syndication Agent. BNP Paribas, Mizuho Bank, Ltd. and Wells Fargo Bank, National Association acted as Documentation Agents. JPMorgan Chase Bank, N.A., BNP Paribas Securities Corp., Citibank, N.A., Mizuho Bank, Ltd. and Wells Fargo Securities, LLC acted as Joint Lead Arrangers and Joint Bookrunners for the Amended Long-Term Facility. Consistent with the Company’s prior credit agreement, the Amended Long-Term Facility provides an aggregate borrowing capacity of $3.5 billion. The facility has a maturity date of May 3, 2027, unless earlier terminated.
The interest rate payable with respect to the Amended Long-Term Facility is based on the Company’s current debt rating, Term SOFR (Secured Overnight Financing Rate) + 1.25% interest rate margin per annum (with a 0.10% SOFR spread adjustment) or the Alternate Base Rate + 0.25% per annum, at the Company’s election.

The Amended Long-Term Facility contains customary covenants and warranties, such as, among other things, a rolling four quarter interest coverage ratio required to be greater than or equal to 3.0 as of the end of each fiscal quarter. The Amended Long-Term Facility also includes limitations on the Company’s ability to (or to permit any subsidiaries to), subject to various exceptions and limitations: (i) merge with other companies; (ii) create liens on its property; and (iii) incur debt at the subsidiary level. We were in compliance with our interest coverage ratio under the Amended Long-Term Facility as of December 31, 2025.
In addition to the committed $3.5 billion Amended Long-Term Facility, we have committed credit facilities in Brazil, as of December 31, 2025 and 2024, and India, as of December 31, 2024. These committed credit facilities provide borrowings up to approximately $182 million and $173 million at at December 31, 2025 and 2024, respectively, based on exchange rates then in effect. The committed credit facilities in Brazil have maturities through 2026 and 2027.
We had $250 million (representing amounts on the Amended Long-Term Facility) and $1.5 billion (representing amounts outstanding on the term loan facility) drawn on the committed credit facilities at December 31, 2025 and December 31, 2024, respectively.
Notes Payable
Notes payable, which consist of short-term borrowings payable to banks or commercial paper, are generally used to fund working capital requirements. The fair value of our notes payable approximates the carrying amount due to the short maturity of these obligations.
The following table summarizes the carrying value of notes payable at December 31, 2025 and 2024:
Millions of dollars20252024
Commercial paper$80 $— 
Short-term borrowings due to banks271 18 
Total notes payable$351 $18 
v3.25.4
COMMITMENTS AND CONTINGENCIES
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
OTHER MATTERS
BEFIEX Credits and Other Brazil Tax Matters
In previous years, our Brazilian operations earned tax credits under the Brazilian government's export incentive program (BEFIEX). These credits reduced Brazilian federal excise taxes on domestic sales.
Our Brazilian operations have received tax assessments for income and social contribution taxes associated with certain monetized BEFIEX credits. We do not believe BEFIEX credits are subject to income or social contribution taxes. We have not provided for income or social contribution taxes on these BEFIEX credits, and based on the opinions of tax and legal advisors, we have not accrued any amount related to these assessments at December 31, 2025. The total amount of outstanding tax assessments received for income and social contribution taxes relating to the BEFIEX credits, including interest and penalties, is approximately 2.7 billion Brazilian reais (approximately $491 million at December 31, 2025).
Relying on existing Brazilian legal precedent, in 2003 and 2004, we recognized tax credits in an aggregate amount of $26 million, adjusted for currency, on the purchase of raw materials used in production ("IPI tax credits"). The Brazilian tax authority subsequently challenged the recording of IPI tax credits. No such credits have been recognized since 2004. In 2009, we entered into a Brazilian government program ("IPI Amnesty") which provided extended payment terms and reduced penalties and interest to encourage taxpayers to resolve this and certain other disputed tax credit amounts. As permitted by the program, we elected to settle certain debts through the use of other existing tax credits and recorded charges of approximately $34 million in 2009 associated with these matters. In July 2012, the Brazilian revenue authority notified us that a portion of our proposed settlement was rejected and we received tax assessments of 308 million Brazilian reais (approximately $56 million at December 31, 2025), reflecting interest and penalties to date. The government's assessment in this case relies heavily on its arguments regarding taxability of BEFIEX credits for certain years, which we are disputing in one of the BEFIEX government assessment cases cited in the prior paragraph. In October 2025, we received a negative decision at the Brazil Supreme Court in the IPI Amnesty case. We maintain the right to litigate against foreclosure of the largest portion of the tax amounts at issue, representing substantially all of the amounts at issue in the case. In Q4 2025, we accrued an immaterial amount related to the tax amounts at issue.
We have received tax assessments from the Brazilian federal tax authorities relating to amounts allegedly due regarding insurance taxes (PIS/COFINS) for tax credits recognized since 2007. These credits were recognized for inputs to certain manufacturing and other business processes. These assessments are being challenged at the administrative and judicial levels in Brazil. The total amount of outstanding tax assessments received for credits recognized for PIS/COFINS inputs is approximately 439 million Brazilian reais (approximately $80 million at December 31, 2025). Based on the opinion of our tax and legal advisors, we have not accrued any amount related to these assessments.
We and other Brazil taxpayers have filed lawsuits in Brazil challenging DIFAL, an interstate tax equalization regime. In November 2023, in a leading (non-Whirlpool) case, the Brazil Supreme Court issued a decision upholding the constitutionality of DIFAL levied for the majority of 2022. While this lawsuit is still pending, on October 21, 2025, the Brazil Supreme Court issued a decision in a separate (non-Whirlpool) case, upholding the constitutionality of DIFAL levied on taxpayers, but partially mitigating the impact for those, like Whirlpool, that filed lawsuits to challenge DIFAL before December 2023. The taxpayer can seek further clarification on the decision. We continue to evaluate the impact of the decision as applied to the specific facts of our pending DIFAL cases in various states in Brazil. In the fourth quarter of 2025, we released certain prior accruals based on the impact mitigation portion of the Court's ruling, totaling approximately $18 million. We have accrued amounts related to DIFAL levied in certain states in Brazil, but have not accrued amounts in certain others based on the opinion of our tax and legal advisors. Our total unreserved amounts related to DIFAL-related contingency is approximately 526 million Brazilian reais (approximately $96 million at December 31, 2025).
In addition to the BEFIEX, IPI tax credit, PIS/COFINS inputs and DIFAL matters noted above, other assessments issued by the Brazilian tax authorities related to indirect and income tax matters, and other matters, are at various stages of review in numerous administrative and judicial proceedings. We are vigorously defending our positions related to BEFIEX credits and other Brazil Tax Matters. The amounts related to these assessments will continue to be increased by monetary adjustments at the Selic rate, which is the benchmark rate set by the Brazilian Central Bank. In accordance with our accounting policies, we routinely assess these matters and, when necessary, record our best estimate of a loss.
Litigation is inherently unpredictable and the conclusion of these matters may take many years to ultimately resolve. Amounts at issue in potential future litigation could increase as a result of interest and penalties in future periods. Accordingly, it is possible that an unfavorable outcome in these proceedings could have a material adverse effect on our financial statements in any particular reporting period.
Legacy EMEA Legal Matters
Competition Investigation
In 2013, the French Competition Authority ("FCA") commenced an investigation of appliance manufacturers and retailers in France, including Whirlpool and Indesit. The FCA investigation was split into two parts, and in December 2018, we finalized a settlement with the FCA on the first part of the investigation. The second part of the FCA investigation, focused primarily on manufacturer interactions with retailers, has concluded. The Company agreed to a preliminary settlement range with the FCA and recorded a charge of approximately $69 million in the first half of 2023.
On December 19, 2024, the FCA's college issued its final decision, setting the final fine amount at $75 million (based on exchange rates at December 31, 2024), with $46 million attributable to Whirlpool's France business and $29 million attributable to Indesit's France business. The Company paid Beko Europe approximately $57 million in the second quarter of 2025 to satisfy indemnification obligations related to this fine, with the remainder satisfied by cash provided in connection with transaction closing. Under the terms of a settlement with Indesit's former owners, the Company received approximately $11 million out of escrow from the former owners in the second quarter of 2025. A nominal amount was recorded in the second quarter related to the net impact of final amounts paid and received.
Latin America Tax Review
In the first quarter of 2023, we accrued an immaterial amount in our Consolidated Condensed Financial Statements related to prior-period Value Added Tax (VAT) remittances in our Latin America region. We have resolved certain aspects of this matter and the overall financial statement impact of such resolution has thus far been immaterial. We continue to review tax matters within the region for any potential additional impacts, if any; certain matters could have a material adverse effect on our financial statements in any particular reporting period.
Other Litigation
We are currently vigorously defending a number of other lawsuits related to the manufacture and sale of our products which include class action allegations, and may become involved in similar actions. These lawsuits allege claims which include negligence, breach of contract, breach of warranty, product liability and safety claims, false advertising, fraud, and violation of federal and state regulations, including consumer protection laws. In general, we do not have insurance coverage for class action lawsuits. We are also involved in various other legal actions arising in the normal course of business, for which insurance coverage may or may not be available depending on the nature of the action. We dispute the merits of these suits and actions, and intend to vigorously defend them. Management believes, based upon its current knowledge, after taking into consideration legal counsel's evaluation of such suits and actions, and after taking into account current litigation accruals, that the outcome of these matters currently pending against Whirlpool should not have a material adverse effect, if any, on our financial statements.
Product Warranty Reserves
Product warranty reserves are included in other current and other noncurrent liabilities in our Consolidated Balance Sheets. The following table summarizes the changes in total product warranty reserves for the periods presented:
Product Warranty
Millions of dollars20252024
Balance at January$196 $206 
Issuances/accruals during the period218 235 
Settlements made during the period/other(214)(245)
  Liabilities derecognized upon India deconsolidation(49)— 
Balance at December 31$151 $196 
Current portion$130 $136 
Non-current portion20 60 
Total$151 $196 
In the normal course of business, we engage in investigations of potential quality and safety issues. As part of our ongoing effort to deliver quality products to consumers, we are currently investigating certain potential quality and safety issues globally. As necessary, we undertake to effect repair or replacement of appliances in the event that an investigation leads to the conclusion that such action is warranted.
Guarantees
We have guarantee arrangements in a Brazilian subsidiary. For certain creditworthy customers, the subsidiary guarantees customer lines of credit at commercial banks to support purchases following its normal credit policies. If a customer were to default on its line of credit with the bank, our subsidiary would be required to assume the line of credit and satisfy the obligation with the bank. At December 31, 2025 and December 31, 2024, the guaranteed amounts totaled 2,090 million Brazilian reais (approximately $380 million at December 31, 2025) and 981 million Brazilian reais (approximately $159 million at December 31, 2024), respectively, with the increase resulting from a trade customer joining the program. The fair value of these guarantees were nominal at December 31, 2025 and December 31, 2024. Our subsidiary insures against a significant portion of this credit risk for these guarantees, under normal operating conditions, through policies purchased from high-quality underwriters.
We provide guarantees of indebtedness and lines of credit for various consolidated subsidiaries. The maximum contractual amount of indebtedness and lines of credit available under these lines for consolidated subsidiaries totaled approximately $3.3 billion at December 31, 2025 and $1.9 billion at December 31, 2024, respectively. During the third quarter of 2025, we converted certain comfort letters to guarantees. Our total short-term outstanding bank indebtedness under guarantees was $21 million at December 31, 2025, and was $12 million at December 31, 2024.
Purchase Obligations
Our expected cash outflows resulting from non-cancellable purchase obligations are summarized by year in the table below.
Millions of dollars 
2026$166 
2027126 
2028101 
202944 
2030
Thereafter37 
Total purchase obligations$481 
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
12 Months Ended
Dec. 31, 2025
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
We have funded and unfunded defined benefit pension plans that cover certain employees in North America, Europe, Asia and Brazil. The United States plans comprise the majority of our obligation. All of the United States plans are frozen for all participants, except for the Supplemental Executive Retirement Plan discussed below. The primary formula for United States salaried employees covered under the qualified defined benefit plan and the unfunded, nonqualified Retirement Benefits Restoration Plan was based on years of service and final average salary, while the primary formula for United States hourly employees covered under the defined benefit plans was based on specific dollar amounts for each year of service. There were multiple formulas for employees covered under the qualified and nonqualified defined benefit plans that were sponsored by Maytag, including a cash balance formula. We have foreign pension plans that accrue benefits. The plans generally provide benefit payments using a formula that is based upon employee compensation and length of service.
We sponsor an unfunded Supplemental Executive Retirement Plan in the United States that remains open to new participants and additional benefit accruals. This plan is nonqualified and provides certain key employees additional defined pension benefits that supplement those provided by the Company's other retirement plans.
A defined contribution plan is provided to all United States employees and is not classified within the net periodic benefit cost. The Company provides annual match and automatic company contributions, in cash or Company stock, of up to 7% of employees' eligible pay. Our contributions during 2025, 2024 and 2023 were $79 million, $80 million and $87 million, respectively (the majority funded with Company stock beginning in 2024).
We provide postretirement health care benefits for eligible retired employees in the United States, Canada and Brazil. For our United States plan, which comprises the majority of our obligation, eligible retirees include those who were full-time employees with 10 years of service who attained age 55 while in service with us and those union retirees who met the eligibility requirements of their collective bargaining agreements. In general, the postretirement health and welfare benefit plans include cost-sharing provisions that limit our exposure for recent and future retirees and are contributory, with participants' contributions adjusted annually. In the United States, benefits for certain retiree populations follow a defined contribution model that allocates certain monthly or annual amounts to a retiree's account under the plan.
The postretirement medical benefit programs are unfunded. We reserve the right to modify these benefits in the future.
Defined Benefit - Pensions and Other Postretirement Benefit Plans
Obligations and Funded Status at End of Year
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242025202420252024
Funded status
Fair value of plan assets$1,734 $1,745 $12 $29 $ $— 
Benefit obligations1,764 1,845 58 59 104 110 
Funded status$(30)$(100)$(46)$(30)$(104)$(110)
Amounts recognized in the consolidated balance sheets
Noncurrent asset$23 $— $2 $$ $— 
Current liability(6)(10)(5)(4)(12)(14)
Noncurrent liability(47)(90)(43)(32)(92)(96)
Amount recognized$(30)$(100)$(46)$(30)$(104)$(110)
Amounts recognized in accumulated other comprehensive loss (pre-tax)
Net actuarial loss$1,148 $1,232 $25 $23 $(10)$(7)
Prior service (credit) cost1  — (8)(9)
Amount recognized$1,149 $1,233 $25 $23 $(18)$(16)
Change in Benefit Obligation
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242025202420252024
Benefit obligation, beginning of year$1,845 $2,098 $59 $65 $110 $123 
Service cost2 2  — 
Interest cost97 102 4 7 
Plan participants' contributions —  —  — 
Actuarial (gain) loss 4 (90)7 (6)(7)
Benefits paid(184)(196)(4)(3)(9)(9)
Plan amendments —  —  — 
Acquisitions/divestitures/transfers — (11)—  — 
Other adjustments —  —  — 
Transfer of benefits (71) —  — 
Settlements / curtailment (gain) — (5)(3) — 
Foreign currency exchange rates — 6 (8)2 (4)
Benefit obligation, end of year$1,764 $1,845 $58 $59 $104 $110 
Accumulated benefit obligation, end of year$1,752 $1,835 $54 $53 N/AN/A
The actuarial (gain) loss for all pension and other postretirement benefit plans in 2025 and 2024 was primarily related to a change in the discount rate used to measure the benefit obligation of those plans, combined with experience (gains)/losses.
Change in Plan Assets
 United States Pension BenefitsForeign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242025202420252024
Fair value of plan assets, beginning of year$1,745 $1,980 $29 $29 $ $— 
Actual return on plan assets 167 26 4  — 
Employer contribution6 (2)9 
Plan participants' contributions —  —  — 
Benefits paid(184)(196)(4)(3)(9)(9)
Transfer of plan assets (71)(10)—  — 
Other adjustments —  —  — 
Settlements — (5)(3) — 
Foreign currency exchange rates —  (2) — 
Fair value of plan assets, end of year$1,734 $1,745 $12 $29 $ $— 
Components of Net Periodic Benefit Cost
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242023202520242023202520242023
Service cost$2 $$$2 $$$ $— $— 
Interest cost97 102 115 4 10 26 7 
Expected return on plan assets(119)(146)(140)(2)(7)(22) — — 
Amortization:
Actuarial loss40 39 37 1 (2)(1)(1)
Prior service cost (credit) — —  — — (1)(1)(41)
Curtailment (gain) / loss — —  — —  — — 
Settlement loss — — (2) — — 
Net periodic benefit cost (income)$20 $(3)$14 $3 $$13 $4 $$(35)
The following table summarizes the net periodic cost recognized in operating profit and interest and sundry (income) expense for the years ended December 31, 2025, 2024 and 2023:
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242023202520242023202520242023
Operating (profit) loss$2 $$$2 $$$ $— $— 
Interest and sundry (income) expense18 (5)12 1 10 4 (35)
Net periodic benefit cost (income)$20 $(3)$14 $3 $$13 $4 $$(35)
During the fourth quarter of 2024, we transferred a portion of small-benefit retirees under the pension plan to an insurance company. The liability and asset transfer was $71 million and did not have a material impact on the consolidated balance sheets as of December 31, 2024.
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss) (Pre-Tax) in 2025
Millions of dollarsUnited States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Current year actuarial loss / (gain)$(44)$1 $(5)
Actuarial (loss) recognized during the year(40)6 2 
Current year prior service cost (credit)   
Prior service credit (cost) recognized during the year  1 
Total recognized in other comprehensive income (loss) (pre-tax)$(84)$7 $(2)
Total recognized in net periodic benefit costs and other comprehensive income (loss) (pre-tax)$(64)$10 $2 
We amortize actuarial losses and prior service costs (credits) over a period of up to 17 and 8 years, respectively.
Assumptions
Weighted-Average Assumptions used to Determine Benefit Obligation at End of Year
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
 202520242025202420252024
Discount rate5.35 %5.60 %7.86 %7.93 %6.23 %6.24 %
Rate of compensation increase4.50 %4.50 %4.26 %5.07 %N/AN/A
Interest crediting rate for cash balance plans4.10 %4.35 %3.00 %3.00 %N/AN/A
Weighted-Average Assumptions used to Determine Net Periodic Cost
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
 202520242023202520242023202520242023
Discount rate5.60%5.15%5.55%7.93%4.44%4.72%6.77%6.00%6.36%
Expected long-term rate of return on plan assets6.00%6.50%6.00%6.10%6.03%5.33%N/AN/AN/A
Rate of compensation increase4.50%4.50%4.50%5.07%3.58%3.52%N/AN/AN/A
Interest crediting rate for cash balance plans4.35%3.90%4.30%3.00%2.81%2.85%N/AN/AN/A
Discount Rate
For our United States pension and postretirement benefit plans, the discount rate was selected using a hypothetical portfolio of high quality bonds outstanding at December 31 that would provide the necessary cash flows to match our projected benefit payments. For our foreign pension and postretirement benefit plans, the discount rate was primarily selected using high quality bond yields for the respective country or region covered by the plan.
Expected Return on Plan Assets
In the United States, the expected return on plan assets is developed considering asset mix, historical asset class data and long-term expectations. The resulting weighted-average return was rounded to the nearest quarter of one percent and applied to the fair value of plan assets at December 31, 2025.
For foreign pension plans, the expected rate of return on plan assets was primarily determined by observing historical returns in the local fixed income and equity markets and computing the weighted average returns with the weights being the asset allocation of each plan.
Cash Flows
Funding Policy
Our funding policy is to contribute to our qualified United States pension plans amounts sufficient to meet the minimum funding requirement as defined by employee benefit and tax laws, plus additional amounts which we may determine to be appropriate. In certain countries other than the United States, the funding of pension plans is not common practice. Contributions to our United States pension plans may be made in the form of cash or, in the case of our defined contribution plan in our discretion, company stock. We pay for retiree medical benefits as they are incurred.
There have been no contributions to the pension trust for our U.S. defined benefit plans during the twelve months ended December 31, 2025 and 2024.
Expected Employer Contributions to Funded Plans
Millions of dollarsUnited States
Pension Benefits
Foreign
Pension Benefits
2026$— $— 
Expected Benefit Payments
Millions of dollarsUnited States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement Benefits
2026$215 $$12 
2027183 11 
2028176 10 
2029168 
2030161 
2031-2035$688 $30 $40 
Plan Assets
Our overall investment strategy is to achieve an appropriate mix of investments for long-term growth and for near-term benefit payments with a wide diversification of asset types, fund strategies, and investment fund managers. The target allocation for our plans is approximately 26% in growth assets and 74% in immunizing fixed income securities, with exceptions for foreign pension plans. The fixed income securities duration is intended to match that of our United States pension liabilities.

Plan assets are reported at fair value based on an exit price, representing the amount that would be received to sell an asset in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset. As a basis for considering such assumptions, a three-tiered fair value hierarchy is established, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets that are observable, either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity
to develop its own assumptions. Certain investments are valued based on net asset value (NAV), which approximates fair value. Such basis is determined by referencing the respective fund's underlying assets. There are no unfunded commitments or other restrictions associated with these investments. We manage the process and approve the results of a third-party pricing service to value the majority of our securities and to determine the appropriate level in the fair value hierarchy.
The fair values of our pension plan assets at December 31, 2025 and 2024, by asset category were as follows:
December 31,
Quoted prices
(Level 1)
Other significant
observable inputs
(Level 2)
Significant
unobservable inputs
(Level 3)
Net Asset ValueTotal
Millions of dollars2025202420252024202520242025202420252024
Cash and cash equivalents$ $— $143 $146 $ $— $ $— $143 $146 
Government and government agency securities (1)
U.S. securities — 124 57  —  — 124 57 
International securities — 32 43  —  — 32 43 
Corporate bonds and notes (1)
U.S. companies — 566 909  —  — 566 909 
International companies — 73 105  —  — 73 105 
Equity securities (2)
International companies6  —  —  — 6 
Mutual funds (3)
 — 104 100  —  — 104 100 
Investments at net asset value
U.S. equity securities (4)
 —  —  — 538 234 538 234 
International equity securities (4)
 —  —  — 133 128 133 128 
U.S. private equity investments —  — 4  — 4 
Emerging growth —  —  —  —  — 
All other investments1 — 22 41  —  — 23 41 
$7 $$1,064 $1,401 $4 $$671 $362 $1,746 $1,773 
(1)Valued using pricing vendors who use proprietary models to estimate the price a dealer would pay to buy a security using significant observable inputs, such as interest rates, yield curves, and credit risk.
(2)Valued using the closing stock price on a national securities exchange, which reflects the last reported sales price on the last business day of the year.
(3)Valued using the NAV of the fund, which is based on the fair value of underlying securities. The fund primarily invests in a diversified portfolio of equity securities, fixed income debt securities and real estate issued by non-U.S. companies.
(4)Common and collective trust funds valued using the NAV of the fund, which is based on the fair value of underlying securities.
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Millions of dollarsLimited
Partnerships
Balance, December 31, 2024
$
Realized gain / (loss) (net) 
Unrealized gain / (loss) (net) 
Purchases 
Settlements(2)
Balance, December 31, 2025
$4 
Additional Information
The projected benefit obligation and fair value of plan assets for pension plans with a projected benefit obligation in excess of plan assets at December 31, 2025 and 2024 were as follows:
 United States
Pension Benefits
Foreign
Pension Benefits
Millions of dollars
2025(1)
202420252024
Projected benefit obligation$53 $1,845 $48 $37 
Fair value of plan assets$ $1,745 $ $— 
(1)The decrease in projected benefit obligation and fair value of plan assets for pension plans with a projected benefit obligation in excess of plan assets is primarily due to actuarial gain that occurred in 2025.
The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with an accumulated benefit obligation in excess of plan assets at December 31, 2025 and 2024 were as follows:
 United States
Pension Benefits
Foreign
Pension Benefits
Millions of dollars 
2025(1)
202420252024
Projected benefit obligation$53 $1,845 $48 $37 
Accumulated benefit obligation41 1,835 44 35 
Fair value of plan assets$ $1,745 $ $— 
(1)The decrease in projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with a projected benefit obligation in excess of plan assets is primarily due to actuarial gain that occurred in 2025.
v3.25.4
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS
Derivative instruments are accounted for at fair value based on market rates. Derivatives where we elect hedge accounting are designated as either cash flow, fair value or net investment hedges. Derivatives that are not accounted for based on hedge accounting are marked to market through earnings. If the designated cash flow hedges are highly effective, the gains and losses are recorded in other comprehensive income (loss) and subsequently reclassified to earnings to offset the impact of the hedged items when they occur. In the event it becomes probable the forecasted transaction to which a cash flow hedge relates will not occur, the derivative would be terminated and the amount in accumulated other comprehensive income (loss) would be recognized in earnings. The fair value of the hedge asset or liability is present in either other current assets/liabilities or other noncurrent assets/liabilities on the Consolidated Balance Sheets and in other within cash provided by (used in) operating activities in the Consolidated Statements of Cash Flows. Using derivative instruments means assuming counterparty credit risk. Counterparty credit risk relates to the loss we could incur if a counterparty were to default on a derivative contract. We generally deal with investment grade counterparties and monitor the overall credit risk and exposure to individual counterparties. We do not anticipate nonperformance by any counterparties. The amount of counterparty credit exposure is limited to the unrealized gains, if any, on such derivative contracts. We do not require nor do we post collateral on such contracts.
Hedging Strategy
In the normal course of business, we manage risks relating to our ongoing business operations including those arising from changes in commodity prices, foreign exchange rates and interest rates. Fluctuations in these rates and prices can affect our operating results and financial condition. We use a variety of strategies, including the use of derivative instruments, to manage these risks. We do not enter into derivative financial instruments for trading or speculative purposes.
Commodity Price Risk
We enter into commodity derivative contracts on various commodities to manage the price risk associated with forecasted purchases of materials used in our manufacturing process. The objective of these hedges is to reduce the variability of cash flows associated with the forecasted purchase of commodities.
Foreign Currency and Interest Rate Risk
We incur expenses associated with the procurement and production of products in a limited number of countries, while we sell in the local currencies of a large number of countries. Our primary foreign currency exchange exposures result from cross-currency sales of products. As a result, we enter into foreign exchange contracts to hedge certain firm commitments and forecasted transactions to acquire products and services that are denominated in foreign currencies. We enter into certain undesignated non-functional currency asset and liability hedges that relate primarily to short-term payables, receivables, intercompany loans and dividends. When we hedge a foreign currency denominated payable or receivable with a derivative, the effect of changes in the foreign exchange rates are reflected currently in interest and sundry (income) expense for both the payable/receivable and the derivative. Therefore, as a result of the economic hedge, we do not elect hedge accounting.
We also enter into hedges to mitigate currency risk primarily related to forecasted foreign currency denominated expenditures, intercompany financing agreements and royalty agreements and designate them as cash flow hedges. Gains and losses on derivatives designated as cash flow hedges, to the extent they are included in the assessment of effectiveness, are recorded in other comprehensive income (loss) and subsequently reclassified to earnings to offset the impact of the hedged items when they occur.
We may enter into cross-currency interest rate swaps to manage our exposure relating to cross-currency debt. Outstanding notional amounts of cross-currency interest rate swap agreements were $618 million at December 31, 2025, December 31 ,2024, and December 31, 2023.
We may enter into interest rate swap agreements to manage interest rate risk exposure. Our interest rate swap agreements, if any, effectively modify our exposure to interest rate risk, primarily through converting certain floating rate debt to a fixed rate basis, and certain fixed rate debt to a floating rate basis. These agreements involve either the receipt or payment of floating rate amounts in exchange for fixed rate interest payments or receipts, respectively, over the life of the agreements without an exchange of the underlying principal amounts. We may enter into swap rate lock agreements to effectively reduce our exposure to interest rate risk by locking in interest rates on probable long-term debt issuances. There were no outstanding notional amounts of interest rate swap agreements at December 31, 2025 December 31, 2024 and December 31, 2023.
Net Investment Hedging
For instruments that are designated and qualify as a net investment hedge, the effective portion of the instruments' gain or loss is reported as a component of other comprehensive income (loss) and recorded in accumulated other comprehensive loss. The gain or loss will be subsequently reclassified into net earnings when the hedged net investment is either sold or substantially liquidated. The remaining change in fair value of the hedge instruments represents the ineffective portion, which is immediately recognized in interest and sundry (income) expense on our Consolidated Statements of Income. There were no outstanding hedges designated as net investment hedges at December 31, 2025, December 31, 2024 and December 31, 2023.
Net Investment Hedging
The following table summarizes our outstanding derivative contracts and their effects on our Consolidated Balance Sheets at December 31, 2025 and 2024. Hedge assets and liabilities of our European major domestic appliance business were classified as held for sale through closing of the European major domestic appliance transaction on April 1, 2024 and are excluded from the table below.
  Fair Value ofType of
Hedge
 
Notional AmountHedge AssetsHedge LiabilitiesMaximum Term (Months)
Millions of dollars20252024202520242025202420252024
Derivatives accounted for as hedges(1)
Commodity swaps/options$247 $204 $27 $$6 $(CF)2424
Foreign exchange forwards/options675 967 3 52 25 (CF/NI)1515
Cross-currency swaps(2)
618 618 4 107 47 (CF)3850
Interest rate derivatives —  —  — (CF)00
Total derivatives accounted for as hedges$34 $63 $138 $58 
Derivatives not accounted for as hedges
Commodity swaps/options$ $— $ $— $ $— N/A00
Foreign exchange forwards/options(3)
1,266 473 2 8 N/A712
Total derivatives not accounted for as hedges$2 $$8 $
Total derivatives$36 $68 $146 $59 
Current$28 $65 $38 $11 
Noncurrent8 108 48 
Total derivatives$36 $68 $146 $59 
(1)Derivatives accounted for as hedges are considered cash flow (CF) hedges.
(2)Change in cross-currency swaps is primarily driven by the currency change in the Euro year-over-year.
(3)Change in foreign exchange forwards/options is primarily driven by proactive actions taken to manage our short-term currency risk.
The following tables summarize the effects of derivative instruments on our Consolidated Statements of Income (Loss) and Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2025 and 2024:
Gain (Loss)
Recognized in OCI
(Effective Portion)(4)
 Millions of dollars20252024
Cash flow hedges
     Commodity swaps/options$19 $
     Foreign exchange forwards/options(6)
(75)96 
     Cross-currency swaps(6)
(61)34 
$(117)$133 
Location of Gain (Loss) Reclassified from
OCI into Earnings
(Effective Portion)
Gain (Loss) Reclassified from
OCI into Earnings
(Effective Portion)(4)(5)
Cash Flow Hedges - Millions of dollars20252024
Commodity swaps/options Cost of products sold$(2)$
Foreign exchange forwards/optionsNet sales1 
Foreign exchange forwards/optionsCost of products sold(6)(5)
Foreign exchange forwards/optionsInterest and sundry (income) expense13 
Cross-currency swaps(6)
Interest and sundry (income) expense(83)46 
Interest rate derivatives(7)
Interest expense31 
$(46)$52 
Location of Gain (Loss) Recognized on Derivatives not
Accounted for as Hedges
Gain (Loss) Recognized on Derivatives not
Accounted for as Hedges
Derivatives not Accounted for as Hedges - Millions of dollars20252024
Foreign exchange forwards/optionsInterest and sundry (income) expense$(42)$28 
(4)Change in gain (loss) recognized in OCI (effective portion) is primarily driven by increases in commodity prices and fluctuations in currency and interest rates. The tax impact of the cash flow hedges was $23 million and $(26) million in 2025 and 2024, respectively.
(5)Change in gain (loss) reclassified from OCI into earnings (effective portion) was primarily driven by fluctuations in currency and commodity prices and interest rates compared to prior year.
(6)Change in foreign exchange forwards/options and cross-currency swaps is primarily driven by the currency change in the Euro year-over-year.
(7)The OCI release on the interest rate derivative was driven by an assessment in the period which determined that the forecasted debt transaction was determined to be not probable of occurring.
For cash flow hedges, the amount of ineffectiveness recognized in interest and sundry (income) expense was nominal during 2025 and 2024. There were no hedges designated as fair value in 2025 and 2024. The net amount of unrealized gain or loss on derivative instruments included in accumulated other comprehensive income (loss) related to contracts maturing and expected to be realized during the next twelve months is a gain of approximately $8 million at December 31, 2025.
v3.25.4
FAIR VALUE MEASUREMENTS
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
Fair value is measured based on an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions market participants would use in pricing an asset or liability. Assets and liabilities measured at fair value are based on a market valuation approach using prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. As a basis for considering such assumptions, a three-tiered fair value hierarchy is established, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets that are observable, either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
Assets and liabilities measured at fair value on a recurring basis at December 31, 2025 and 2024 are as follows:
Total Cost BasisQuoted Prices In
Active Markets for
Identical Assets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Total Fair Value
Millions of dollars20252024202520242025202420252024
Short-term investments (1)
$441 $1,000 $435 $705 $6 $295 $441 $1,000 
Net derivative contracts —  — (111)(111)
(1)Short-term investments are primarily comprised of money market funds and highly liquid, low risk investments with initial maturities less than 90 days.
The non-recurring fair values represent only those assets whose carrying values were adjusted to fair value during the reporting period.
Other Intangible Assets
In performing a quantitative assessment of indefinite-lived intangible assets other than goodwill, primarily trademarks, we estimate the fair value of these intangible assets using the relief-from-royalty method which requires assumptions related to projected revenues from our annual long-range plan; assumed royalty rates that could be payable if we did not own the trademark; and a market participant discount rate based on a weighted-average cost of capital. The results of the annual assessment performed as of October 1, 2025 determined that the carrying value of our JennAir trademark exceeded its fair value (Level 3 input) by $106 million. A discount rate of 10.5% and a royalty rate of 6.0% were utilized in that assessment. The brand has been unfavorably impacted by the downturn in discretionary demand in the ultra-premium segment.
The results of the annual assessment performed as of October 1, 2024 determined that the carrying value of our Maytag trademark exceeded its fair value (Level 3 input) by $381 million. A discount rate of 12.5% and a royalty rate of 4.0% were utilized in that assessment. The brand has been unfavorably impacted as Whirlpool has since refocused its brand strategy to the laundry category.
Whirlpool India share sale
On November 27, 2025, the Company's wholly-owned subsidiary, Whirlpool Mauritius Limited ("Seller"), executed the sale of 14.3 million equity shares of Whirlpool India via a market transaction. The transaction reduced Seller's ownership of Whirlpool India from 51% to approximately 40%. The fair value of the retained investment in Whirlpool India at the date of deconsolidation was calculated based on the Whirlpool India stock price (Level 1 input), the portion of interest retained and the shares outstanding, resulting in a fair value of $599 million.
See Note 16 to the Consolidated Financial Statements for additional information.
European Major Domestic Appliance Business Held for Sale
On January 16, 2023, the Company entered into a contribution agreement with Arçelik A.Ş (“Arcelik”). Under the terms of the agreement, Whirlpool agreed to contribute its European major domestic appliance business, and Arcelik agreed to contribute its European major domestic appliance, consumer electronics, air conditioning, and small domestic appliance businesses into the newly formed entity of which Whirlpool owns 25% and Arcelik 75%.
On December 20, 2022, the Company's board authorized the transaction with Arcelik and the European major domestic appliance business was classified as held for sale during the fourth quarter of 2022. The disposal group was measured at fair value less cost to sell. We used a discounted cash flow analysis and multiple market data points in our analysis to determine fair value (Level 3 input) of the 25% interest retained, resulting in an estimated fair value of $139 million. The discounted cash flow analysis utilized a discount rate of 16.5% at December 31, 2022.
During the first quarter of 2024, the fair value of the disposal group was updated based on working capital adjustments, cash flow assumptions, and changes in discount rates. This updated assessment resulted in an estimated fair value of $227 million as of March 31, 2024, which consists of $186 million related to fair value of retained interest in Beko Europe B.V. ("Beko") and $41 million of proceeds from the sale of our Middle East and North Africa ("MENA") business.
Subsequent to closing of the transaction, the Company holds an equity interest of 25% in Beko. The fair value of the investment in Beko at the date of deconsolidation was calculated based on a discounted cash flow analysis and multiple market data points (Level 3 input), resulting in a fair value of $186 million. The discounted cash flow analysis utilized a discount rate of 15.5%.
During the twelve months ended December 31, 2024, we recorded a loss of $298 million to the loss on sale and disposal of businesses. The transaction closed on April 1, 2024 and no material fair value adjustments were recorded during the twelve months ended December 31, 2024 related to the contribution of our Europe major domestic appliance business. The loss of $298 million recorded during the twelve months December 31, 2024 reflects reassessment of the fair value less costs to sell of the disposal group, provisions for tax related indemnities and transaction costs.
See Note 16 to the Consolidated Financial Statements for additional information.
Other Fair Value Measurements
The fair value of long-term debt (including current maturities) was $5.7 billion and $6.2 billion at December 31, 2025 and 2024, respectively, and was estimated using a discounted cash flow analysis based on incremental borrowing rates for similar types of borrowing arrangements (Level 2 input).
v3.25.4
STOCKHOLDERS' EQUITY
12 Months Ended
Dec. 31, 2025
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
Comprehensive Income (Loss)
Comprehensive income (loss) primarily includes (1) our reported net earnings (loss), (2) foreign currency translation, including net investment hedges, (3) changes in the effective portion of our open derivative contracts designated as cash flow hedges, (4) changes in our unrecognized pension and other postretirement benefits, and (5) our proportionate share of equity method investee adjustments.
The following table shows the components of accumulated other comprehensive income (loss) available to Whirlpool at December 31, 2023, 2024, and 2025, and the activity for the years then ended:
Millions of dollarsForeign
Currency
Derivative
Instruments
Pension and
Postretirement
Liability
Total
December 31, 2022$(1,275)$58 $(873)$(2,090)
Unrealized gain (loss)22 (64)— (42)
Unrealized actuarial gain(loss) and prior service credit (cost)— — (99)(99)
Tax effect— 17 36 53 
Other comprehensive income (loss), net of tax22 (47)(63)(88)
Less: Other comprehensive loss available to noncontrolling interests— — — — 
Other comprehensive income (loss) available to Whirlpool22 (47)(63)(88)
December 31, 2023$(1,253)$11 $(936)$(2,178)
Unrealized gain (loss)(30)83 (9)44 
Unrealized actuarial gain (loss) and prior service credit (cost)— — 39 39 
Tax effect— (25)(20)(45)
Other comprehensive income (loss), net of tax(30)57 10 37 
Less: Other comprehensive loss available to noncontrolling interests(1)— — (1)
Other comprehensive income (loss) available to Whirlpool(29)57 10 38 
Sale of minority interest in subsidiary18 — — 18 
Divestitures442 — 135 577 
December 31, 2024$(822)$68 $(791)$(1,545)
Unrealized gain (loss)(288)(71)48 (310)
Unrealized actuarial gain (loss) and prior service credit (cost)  31 31 
Tax effect 25 (14)11 
Other comprehensive income (loss), net of tax(288)(45)65 (268)
Less: Other comprehensive loss available to noncontrolling interests    
Other comprehensive income (loss) available to Whirlpool(288)(45)65 (268)
Divestitures186  3 189 
December 31, 2025$(924)$23 $(723)$(1,624)
Net Earnings per Share
Diluted net earnings per share of common stock include the dilutive effect of stock options and other share-based compensation plans. Basic and diluted net earnings per share of common stock were calculated as follows:
Millions of dollars and shares202520242023
Numerator for basic and diluted earnings per share – net earnings (loss) available to Whirlpool$318 $(323)$481 
Denominator for basic earnings per share – weighted-average shares56.0 55.1 55.0 
Effect of dilutive securities – stock-based compensation0.2 — 0.2 
Denominator for diluted earnings per share – adjusted weighted-average shares56.2 55.1 55.2 
Anti-dilutive stock options/awards excluded from earnings per share1.2 1.2 1.2 
Dividends
Dividends per share paid to shareholders were $5.30, $7.00 and $7.00 during 2025, 2024 and 2023, respectively.
Share Repurchase Program
On April 19, 2021, our Board of Directors authorized a share repurchase program of up to $2 billion, which has no expiration date. On February 14, 2022, the Board of Directors authorized an additional $2 billion in share repurchases under the Company's ongoing share repurchase program. During the twelve months ended December 31, 2025, we did not repurchase any shares under the share repurchase programs. At December 31, 2025, there were approximately $2.5 billion in remaining funds authorized under these programs.
Share repurchases are made from time to time on the open market as conditions warrant. The program does not obligate us to repurchase any of our shares and it has no expiration date.
v3.25.4
SHARE-BASED INCENTIVE PLANS
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
SHARE-BASED INCENTIVE PLANS SHARE-BASED INCENTIVE PLANS
We sponsor several share-based employee incentive plans. Share-based compensation expense for grants awarded under these plans was $28 million, $28 million and $33 million in 2025, 2024, and 2023, respectively. Related income tax benefits recognized in earnings were $4 million, $4 million and $7 million in 2025, 2024, and 2023, respectively.
At December 31, 2025, unrecognized compensation cost related to non-vested stock option and stock unit awards totaled $56 million. The cost of these non-vested awards is expected to be recognized over a weighted-average remaining vesting period of 26 months.
Share-Based Employee Incentive Plans
On April 18, 2023, our stockholders approved the 2023 Omnibus Stock and Incentive Plan ("2023 OSIP"). This plan was adopted by our Board of Directors on February 20, 2023 and provides for the issuance of stock options, performance stock units, and restricted stock units, among other award types. No new awards may be granted under the 2023 OSIP after the tenth anniversary of the date that the stockholders approved the plan. However, the term and exercise of awards granted before then may extend beyond that date. Stockholders approved an amendment to the plan on April 15, 2025 that increased the total number of shares available for grant under the 2023 OSIP by an additional 3,277,000 shares. At December 31, 2025, approximately 5.2 million shares remain available for issuance under the 2018 and 2023 OSIP.
On April 17, 2018, our stockholders approved the 2018 Omnibus Stock and Incentive Plan ("2018 OSIP"). This plan was adopted by our Board of Directors on February 20, 2018 and provided for the issuance of stock options, performance stock units, and restricted stock units, among other award
types. No new awards may be granted under the 2018 OSIP following the approval of the 2023 OSIP by our stockholders, but the 2018 OSIP will continue to govern awards granted under the 2018 OSIP prior to the effectiveness of the 2023 OSIP.
Stock Options
Eligible employees historically have received stock options as a portion of their total compensation. Such options generally become exercisable over a 3-year period in substantially equal increments, expire 10 years from the date of grant and are subject to forfeiture upon termination of employment, other than by death, disability, retirement, or with the consent of the Committee (as defined in the award agreement). We use the Black-Scholes option-pricing model to measure the fair value of stock options granted to employees. Granted options have exercise prices equal to the market price of Whirlpool common stock on the grant date. The principal assumptions used in valuing options include: (1) risk-free interest rate - an estimate based on the yield of United States zero coupon securities with a maturity equal to the expected life of the option; (2) expected volatility - an estimate based on the historical volatility of Whirlpool common stock for a period equal to the expected life of the option; and (3) expected option life - an estimate based on historical experience. Stock options are expensed on a straight-line basis, net of estimated forfeitures. There were no stock options granted in 2025. Based on the results of the model, the weighted-average grant date fair value of stock options granted for 2024 and 2023 were $24.05 and $37.55, respectively, using the following assumptions: 
Weighted Average Black-Scholes Assumptions202520242023
Risk-free interest rate4.3 %4.3 %4.0 %
Expected volatility42.4 %40.4 %39.8 %
Expected dividend yield7.0 %6.7 %5.0 %
Expected option life, in years555
Stock Option Activity
The following table summarizes stock option activity during 2025:
In thousands, except per share dataNumber
of Options
Weighted-
Average
Exercise Price
Outstanding at January 11,198 $153.09 
Granted  
Exercised(4)79.56 
Canceled or expired(113)179.93 
Outstanding at December 311,081 $150.54 
Exercisable at December 31827 $161.02 
The total intrinsic value of stock options exercised was immaterial for the periods presented. The related tax benefits and cash received from the exercise of stock options was also immaterial for the periods presented.
The table below summarizes additional information related to stock options outstanding at December 31, 2025:
Options in thousands / dollars in millions, except per-share dataOutstanding Net of
Expected Forfeitures
Options
Exercisable
Number of options1,071 827 
Weighted-average exercise price per share$150.91 $161.02 
Aggregate intrinsic value$ $ 
Weighted-average remaining contractual term, in years55
Stock Units
Eligible employees may receive restricted stock units or performance stock units as a portion of their total compensation.
Restricted stock units are typically granted to selected management employees on an annual basis and vest over three years. Periodically, restricted stock units may be granted to selected employees based on special recognition or retention circumstances and generally vest from three years to four years. Certain previously granted awards accrue dividend equivalents on outstanding units (in the form of additional stock units) based on dividends declared on Whirlpool common stock. These awards convert to unrestricted common stock at the conclusion of the vesting period.
Performance stock units are granted to management employees on an annual basis and generally vest at the end of a three year performance period, converting to unrestricted common stock at the conclusion of the vesting period. The final award may equal 0% to 200% of the target grant, based on Whirlpool performance results relative to pre-established goals.
We measure compensation cost for stock units based on the closing market price of Whirlpool common stock at the grant date, with adjustments for performance stock units to reflect the final award granted. The weighted average grant date fair values of awards granted during 2025, 2024, and 2023 were $81.72, $104.67 and $125.44, respectively. The total fair value of stock units vested during 2025, 2024, and 2023 was $27 million, $48 million and $76 million, respectively.
The following table summarizes stock unit activity during 2025:
Stock units in thousands, except per-share dataNumber of
Stock Units
Weighted- Average
Grant Date Fair
Value
Non-vested, at January 1993 $116.92 
Granted585 81.72 
Canceled(105)104.47 
Vested and transferred to unrestricted(199)134.80 
Non-vested, at December 311,274 $93.66 
Non-employee Director Equity Awards
In 2025, each non-employee director received an annual grant of unrestricted Whirlpool common stock, with the number of shares issued to the director determined by dividing $160,000 by the closing price of Whirlpool common stock on the date of the annual meeting of our stockholders.
v3.25.4
RESTRUCTURING CHARGES
12 Months Ended
Dec. 31, 2025
Restructuring Charges [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
We periodically take action to improve operating efficiencies, typically in connection with business acquisitions or changes in the economic environment. Our footprint and headcount reductions and organizational integration actions relate to discrete, unique restructuring events, primarily reflected in the following plans:
In Q4 2025, the Company committed to a multi-region footprint optimization plan as part of an effort to reduce complexity. The plan includes severance and impairment charges. Total costs for these actions were $43 million, of which we incurred $7 million in employee termination costs and $36 million in asset impairments. The majority of these costs resulted in non-cash charges, with the cash settlements being paid in 2025.
Previously in 2025, the Company committed to workforce reduction plans globally, in an effort to reduce complexity and simplify our organization. Total costs for these actions were $20 million which were primarily employee termination costs. The majority of these costs resulted in cash settlements in 2025.
In March 2024, the Company committed to workforce reduction plans in the United States and globally, in an effort to reduce complexity and simplify our organizational model after the European
major domestic appliance transaction. The workforce reduction plans included involuntary severance actions as of the end of the first quarter of 2024. Total costs for these actions were $21 million, of which we incurred $14 million in employee termination costs and $7 million other associated costs. The majority of these costs resulted in cash settlements in 2024, and the remainder was paid in 2025.
During the second quarter of 2024, the Company evaluated additional restructuring actions as part of the Company's organizational simplification efforts. Total costs for these actions were $58 million, which were primarily employee termination costs. The majority of these costs resulted in cash settlements in 2024, and the remainder was paid in 2025.
The following tables summarize the changes to our restructuring liability during the twelve months ended December 31, 2025:
Millions of Dollars
December 31, 2024
Charge to EarningsCash PaidNon-Cash and Other
December 31, 2025
Employee Termination$$22 $(20)$ $5 
Asset Impairment— 38  (36)2 
Facility exit costs—     
Other exit costs3 (4)(1) 
Total$$63 $(24)$(37)$7 
The following table summarizes restructuring charges by operating segment for 2025 and 2024:
Millions of dollars
2025 Charges
2024 Charges
MDA North America34 31 
MDA Latin America25 23 
SDA Global1 
Corporate / Other3 20 
Total$63 $79 
Restructuring expense was not material for the twelve months ended December 31, 2023.
v3.25.4
INCOME TAXES
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
Income tax expense was $142 million, $10 million, and $77 million in 2025, 2024 and 2023, respectively. The increase in tax expense in 2025 compared to 2024 is the result of higher earnings in 2025 and increase in valuation allowances that resulted from the India deconsolidation and restructuring transactions in 2025. These negative impacts were partially offset by tax benefits that were the result of continued legal entity simplification and the release of unrecognized tax benefits related to audit settlements in 2025.
The change in tax expense in 2024 compared to 2023 includes lower earnings and legal entity restructuring tax benefits related to simplifying our legal entity structure in 2024 to reduce administrative costs associated with the prior structure. The completion of the restructuring in 2024 created a tax deductible loss which was recognized in 2024 and resulted in a $721 million net tax benefit, partially offset by increases in valuation allowances and the divestiture tax impact.
The following table(s) summarizes the difference between an income tax expense/(benefit) at the United States statutory rate of 21% and the income tax expense/(benefit) at effective worldwide tax rates for the respective periods:
Millions of dollars202520242023
Earnings (loss) before income taxes
United States$(53)$(294)$
Foreign569 107 584 
Earnings (loss) before income taxes$516 $(188)$593 
We adopted ASU 2023-09, Improvements To Income Tax Disclosures, on a prospective basis beginning with the year ended December 31, 2025. The following table reconciles the United States statutory tax amount and rate of 21% to our worldwide tax expense (benefit) and rate for the year ended December 31, 2025.

2025
Millions of dollarsAmountPercent
U.S. federal statutory tax rate$108 21.00 %
State and local income taxes, net of federal income tax effect(1)
59 11.43 %
Foreign tax effects
Argentina
Foreign tax rate differential(8)(1.55)%
Valuation allowance21 4.07 %
Brazil
Foreign tax rate differential26 5.04 %
Non-Taxable VAT Reimbursement(27)(5.23)%
Canada
Foreign accrual property income (FAPI)7 1.36 %
Withholding Tax16 3.10 %
Other(1)(0.19)%
Luxembourg
Nondeductible Interest5 0.97 %
Other5 0.97 %
Mauritius
Divestiture tax impact(39)(7.56)%
Foreign tax rate differential(16)(3.10)%
Mexico
Annual corporate inflation adjustment(8)(1.55)%
Foreign currency impacts(20)(3.88)%
Foreign tax rate differential12 2.33 %
Other1 0.19 %
Netherlands
Nondeductible Interest8 1.55 %
Other(2)(0.39)%
Other foreign jurisdictions21 4.07 %
    
2025
Millions of dollarsAmountPercent
Effect of cross-border tax laws
Foreign branch income53 10.27 %
Other(4)(0.78)%
Changes in valuation allowances19 3.68 %
Tax credits
R&D tax credits(21)(4.07)%
Nontaxable or nondeductible items8 1.55 %
Changes in unrecognizable tax benefits(131)(25.39)%
Other adjustments
Legal Entity restructuring tax impact48 9.30 %
Other2 0.32 %
Effective income tax rate$142 27.52 %
(1) The states that contribute to the majority (greater than 50%) of the tax effect in this category includes Pennsylvania, California, & New Jersey for 2025.
The reconciliation of taxes at the United States statutory tax rate of 21% to our worldwide tax expense (benefit) for the years ended December 31, 2024 and 2023 in accordance with the guidance prior to the adoption of ASU 2023-09 was as follows:
Millions of dollars20242023
Income tax (benefit) expense computed at United States statutory rate$(39)$125 
U.S. government tax incentives(19)(20)
Foreign government tax incentives, including BEFIEX(31)(30)
Foreign tax rate differential26 41 
U.S. foreign tax credits(65)(43)
Valuation allowances395 78 
State and local taxes, net of federal tax benefit(56)(43)
Foreign withholding taxes16 13 
U.S. tax on foreign dividends and subpart F income(57)36 
Settlement of global tax audits32 43 
Changes in enacted tax rates10 
Nondeductible loss on sale56 
Nondeductible fines and penalties— 18 
Legal entity debt restructuring(3)— 
Divestiture tax impact239 — 
Legal entity restructuring tax impact(721)(170)
Expiration/Forfeiture of net operating losses143 
Foreign currency impacts33 (23)
Non-deductible expenses46 31 
Other items, net10 
Income tax computed at effective worldwide tax rates$10 $77 
            
Current and Deferred Tax Provision
The following table summarizes our income tax (benefit) provision for 2025, 2024 and 2023:
 202520242023
Millions of dollarsCurrentDeferredCurrentDeferredCurrentDeferred
United States$(91)$43 $(6)$(437)$(27)$(212)
Foreign103 12 184 393 197 155 
State and local(1)76 (133)(3)(33)
$11 $131 $187 $(177)$167 $(90)
Total income tax expense$142 $10 $77 
United States Tax on Foreign Dividends
Prior to 2024, we reinvested all unremitted earnings of the majority of our foreign subsidiaries and affiliates, and therefore had not recognized any U.S. deferred tax liability on those earnings. The Company had cash and cash equivalents of approximately $669 million at December 31, 2025, of which approximately $644 million was held by subsidiaries in foreign countries. Certain funds outside of the United States could be repatriated to fund our U.S. operations. If these funds were repatriated, they would likely not be subject to United States federal income tax under the previously taxed income or the dividend exemption rules. However, we would likely be required to accrue and pay United States state and local taxes and withholding taxes payable to various countries. The Company has accrued an $11 million income tax liability on the balance sheet as of December 31, 2025, as an estimate of this hypothetical tax obligation (as compared to $15 million at December 31, 2024).
Valuation Allowances
At December 31, 2025, we had net operating loss carryforwards of $4.1 billion, $1.5 billion of which were U.S. state net operating loss carryforwards, compared to $3.8 billion and $1.2 billion at December 31, 2024, respectively. The increase in net operating loss carryforwards was primarily driven by operating losses in certain jurisdictions in 2025. Of the total net operating loss carryforwards at December 31, 2025, $0.9 billion do not expire, with substantially all of the remaining carryforwards expiring in various years through 2045. At December 31, 2025, we had $424 million of United States general business credit carryforwards available to offset future payments of federal income taxes, expiring between 2032 and 2045.
We routinely review the future realization of deferred tax assets based on projected future reversal of taxable temporary differences, available tax planning strategies and projected future taxable income. We have recorded a valuation allowance to reflect the net estimated amount of certain deferred tax assets associated with net operating loss and other deferred tax assets we believe will be realized. Our recorded valuation allowance of $960 million at December 31, 2025 consists of $628 million of net operating loss carryforward deferred tax assets and $332 million of other deferred tax assets. Our recorded valuation allowance was $885 million at December 31, 2024 and consisted of $601 million of net operating loss carryforward deferred tax assets and $284 million of other deferred tax assets. The increase in our valuation allowance was primarily driven by the creation of additional net operating losses that are not expected to be realized.
The amounts of cash taxes paid by (refunded to) Whirlpool are as follows:
Millions of dollars2025
Federal$(1)
State(9)
Foreign
Brazil28 
Canada13 
India11 
Mexico77 
All other foreign17 
Total Income taxes, net of amounts refunded$136 
Deferred Tax Liabilities and Assets
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities used for financial reporting purposes and the amounts used for income tax purposes. The following table summarizes the significant components of our deferred tax liabilities and assets at December 31, 2025 and 2024:
Millions of dollars20252024
Deferred tax liabilities
Intangibles$252 $249 
Property, net124 126 
Right of use assets171 171 
Other14 59 
Total deferred tax liabilities$561 $605 
Deferred tax assets
U.S. general business credit carryforwards, including Energy Tax Credits$428 $363 
Lease liabilities181 179 
Pensions25 33 
Loss carryforwards884 911 
Postretirement obligations26 28 
Foreign tax credit carryforwards221 151 
Research and development capitalization361 367 
Employee payroll and benefits31 53 
Accrued expenses96 82 
Product warranty accrual40 41 
Receivable and inventory allowances48 41 
Disallowed business interest carryforwards182 164 
Outside basis differences182 339 
Other128 153 
Total deferred tax assets$2,833 $2,905 
Valuation allowances for deferred tax assets(960)(885)
Deferred tax assets, net of valuation allowances$1,873 $2,020 
Net deferred tax assets$1,312 $1,415 
On August 16, 2022, the Inflation Reduction Act of 2022 (the “IRA”) was enacted into law. Among other changes to the Internal Revenue Code of 1986, as amended (the “Code”), the IRA imposes a 15% corporate alternative minimum tax on certain corporations (the “CAMT”). To the extent a corporation is subject to the CAMT in a prior taxable year and in a later taxable year is subject to the regular corporate tax, such corporation may apply the prior amounts paid under the CAMT against its regular tax liability to the extent such credits do not reduce the regular tax liability below the CAMT applicable in such taxable year. We have no CAMT liability nor related deferred tax asset carryforward as of December 31, 2025.

Unrecognized Tax Benefits
The following table represents a reconciliation of the beginning and ending amount of unrecognized tax benefits that if recognized would impact the effective tax rate, excluding federal benefits of state and local tax positions, and interest and penalties:
Millions of dollars202520242023
Balance, January 1$349 $380 $589 
Additions for tax positions of the current year8 10 13 
Additions for tax positions of prior years8 14 22 
Reductions for tax positions of prior years(2)(52)(56)
Settlements during the period (1)
(251)(3)(188)
Lapses of applicable statute of limitation — — 
Balance, December 31$112 $349 $380 
(1) During the fourth quarter of both 2023 and 2025, the Company resolved a number of disputed tax positions with the U.S. and other tax authorities. The Company had previously recorded reserves for the risk associated with these tax positions, and the settlement of these matters resulted in a reduction in the Company's unrecognized tax benefits, which is shown in the table above.
Interest and penalties associated with unrecognized tax benefits resulted in a net benefit of $7 million, net expense of $14 million and net benefit of $12 million in December 31, 2025, 2024 and 2023, respectively. We have accrued a total of $49 million, $53 million and $78 million at December 31, 2025, 2024 and 2023, respectively.
We are in various stages of tax disputes (including audits, appeals and litigation) with certain governmental tax authorities. We establish liabilities for the difference between tax return provisions and the benefits recognized in our financial statements. Such amounts represent a reasonable provision for taxes ultimately expected to be paid, and may need to be adjusted over time as more information becomes known. We are no longer subject to any significant tax disputes (including audits, appeals and litigation) for the years before 2012 relating to US Federal income taxes and for the years before 2004 relating to any state, local or foreign income taxes.
v3.25.4
SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Beginning January 1, 2024, we reorganized our operating segment structure to better represent the revised structure within our portfolio transformation, including a greater focus on our strong value creating small domestic appliance business. The Company implemented this change to align with the Company's new operating structure, consistent with how the Company’s Chief Operating Decision Maker evaluates operational performance and allocates resources in accordance with ASC 280, Segment Reporting.
Our reportable segments consist of Major Domestic Appliances ("MDA") North America; MDA Europe, MDA Latin America; and Small Domestic Appliances ("SDA") Global. All prior period amounts have been reclassified to conform with current period presentation. 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. Prior period segment information has been recast to retrospectively reflect this change. The MDA Europe business was deconsolidated upon the completion of the European contribution agreement transaction with Arcelik as of April 1, 2024. For additional information see Note 16 to the Consolidated Financial Statements.
The chief operating decision maker (CODM), who is the Company's Chairman and Chief Executive Officer, evaluates operational performance based on each segment's earnings (loss) before interest and taxes (EBIT). We define 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 region'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" 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 table below summarizes performance by operating segment for the periods presented:
 OPERATING SEGMENTS

Millions of dollars
MDA North
America
MDA Latin America
MDA Europe (1)
SDA GlobalOtherEliminationsTotal
Whirlpool
Net sales
2025$10,158 $3,272 $ $1,108 $986 $ $15,524 
202410,236 3,498 804 1,013 1,056 — 16,607 
202310,761 3,352 3,403 970 969 — 19,455 
Cost of Products Sold
2025$8,815 $2,812 $ $700 $811 $ $13,138 
20248,784 2,966 726 659 891 — 14,026 
20238,927 2,853 3,053 640 812 — 16,285 
Other segment expenses/(income)
2025$845 $259 $ $231 $228 $ $1,563 
2024787 287 87 209 1,148 — 2,518 
2023826 312 325 191 600 — 2,254 
EBIT
2025$499 $201 $ $177 $(53)$ $824 
2024665 245 (9)145 (983)— 63 
20231,008 187 25 139 (443)— 916 
Intersegment sales
2025$109 $1,305 $ $1 $39 $(1,455)$ 
2024117 1,224 23 13 43 (1,420)— 
2023210 1,530 81 — 43 (1,864)— 
Total assets
2025$9,994 $3,962 $ $1,248 $8,474 $(7,677)$16,001 
20249,693 3,813 — 1,087 9,013 (7,305)16,301 
202310,216 4,037 685 1,134 17,165 (15,925)17,312 
Capital expenditures
2025$184 $156 $ $18 $31 $ $389 
2024178 181 22 14 56 — 451 
2023216 133 104 16 80 — 549 
Depreciation and amortization
2025$189 $62 $ $18 $69 $ $338 
2024175 63 — 17 78 — 333 
2023200 66 — 13 82 — 361 
(1) MDA Europe consisted of our European major domestic appliance business which was contributed to Beko Europe as of April 1, 2024. See Note 16 to the Consolidated Financial Statements for additional information on the transaction.
Sales to Lowe's, a North American retailer, represented approximately 15%, 13%, and 13% of our consolidated net sales in 2025, 2024 and 2023, respectively. Lowe's represented approximately 44% and 38% of our consolidated accounts receivable as of December 31, 2025 and 2024, respectively.
The United States individually comprised at least 10% of consolidated net sales in 2025, 2024 and 2023 in the amounts of $10.1 billion, $10.1 billion and $10.5 billion, respectively.
Brazil individually comprised at least 10% of consolidated net sales in 2025, 2024 and 2023 in the amounts of $2.4 billion, $2.5 billion and $2.4 billion respectively.
The following table summarizes the countries that represent at least 10% of consolidated long-lived assets for the years ended December 31, 2025 and 2024. Long-lived assets includes property, plant and equipment and right-of-use assets at December 31, 2025 and 2024.
Millions of dollarsUnited StatesMexicoAll Other CountriesTotal
2025
Long-lived assets$2,059$555$376$2,990

Millions of dollarsUnited StatesMexicoAll Other CountriesTotal
2024
Long-lived assets$1,986$522$607$3,115
The following table summarizes the reconciling items in the Other column for total EBIT for the periods presented:
Twelve Months Ended December 31,
in millions202520242023
Items not allocated to segments:
Restructuring charges$(63)$(79)$(16)
(Loss) gain on sale and disposal of businesses280 (264)(106)
Impairment of goodwill and other intangibles(106)(381)— 
Equity method investment income (loss)(34)(107)(28)
Legacy EMEA legal matters(2)(94)
MDA Asia50 41 22 
Corporate expenses and other(179)(195)(221)
Total other$(53)$(983)$(443)
A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Statements of Income (Loss) is shown in the table below for the periods presented:
Twelve Months Ended December 31,
in millions202520242023
Operating profit$838 $143 $1,015 
Interest and sundry (income) expense(20)(27)71 
Equity method investment income (loss), net of tax(34)(107)(28)
Total EBIT$824 $63 $916 
Interest expense341 358 351 
Income tax expense142 10 77 
Net earnings (loss)$341 $(305)$488 
Less: Net earnings (loss) available to noncontrolling interests23 18 
Net earnings (loss) available to Whirlpool$318 $(323)$481 
v3.25.4
ACQUISITIONS AND DIVESTITURES
12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Discontinued Operations and Disposal Groups [Abstract]  
ACQUISITIONS AND DIVESTITURES ACQUISITIONS AND DIVESTITURES
Whirlpool India share sale
On November 30, 2023, the Company announced its intention to enter into one or more transactions to sell up to 24% of the outstanding shares of its publicly listed Whirlpool of India Limited subsidiary ("Whirlpool India") in 2024, and to retain a majority interest following completion of the sale.
On February 20, 2024, the Company's wholly-owned subsidiary, Whirlpool Mauritius Limited ("Seller"), executed the sale of 30.4 million equity shares of Whirlpool India via a market transaction. The sale, which was accounted for as an equity transaction, reduced Seller's ownership in Whirlpool India from 75% to 51%, and generated proceeds of $462 million on settlement.
In January 2025, we announced our intent to reduce our ownership stake in Whirlpool India and continue to evaluate various transaction structures, including via market sale and negotiated transaction. In October 2025, we signed certain brand license, technology license, and transition service agreements with Whirlpool India.
During the fourth quarter of 2025, following approval from the Board of Directors, the Company sold an approximately 11% ownership interest in Whirlpool India for proceeds of approximately $166 million. Upon completion of the sale on November 28, 2025, the Company’s ownership interest was reduced from 51% to approximately 40%. We are pleased with our retained position and will continue to evaluate all options to further reduce our debt throughout 2026 in line with our guidance and capital allocation priorities.
As a result of the loss of a controlling financial interest, the Company deconsolidated     Whirlpool India during the fourth quarter of 2025. Whirlpool India holds a 97% controlling equity ownership in Elica PB India, which was also deconsolidated as part of the transaction.
In connection with the sale, we recorded a gain, net of transaction and other costs, of $251 million during the three and twelve months ended December 31, 2025. The total transaction amount includes $599 million for the fair value of the interest retained, $278 million for the carrying value of the non-controlling interest in Whirlpool India, and $166 million of consideration received from the sale of shares.
The gain on sale is equal to the difference between this total transaction amount and the carrying value of Whirlpool India’s net assets of $378 million, further adjusted for the allocation of $217 million of goodwill to the disposal group, the release of $187 million of cumulative foreign currency translation adjustments, and $10 million of divestment costs.

The fair value of the interest retained was based on the ownership amount and the stock price of Whirlpool India as of the closing date of the transaction. Subsequent to the transaction, we account for the remaining minority interest under the equity method of accounting as of December 31, 2025.

The operations of Whirlpool India did not meet the criteria to be presented as discontinued operations.
For additional information see Note 10 to the Consolidated Financial Statements.
The carrying amounts of the major classes of Whirlpool India’s assets and liabilities as of December 31, 2024 include the following:
Millions of dollarsDecember
2024
Cash and cash equivalents$292 
Accounts receivable, net of allowance of $2
42 
Inventories126 
Prepaid and other current assets33 
Property, net of accumulated depreciation of $162
88 
Other noncurrent assets70 
     Total assets$651 
Accounts payable$118 
Accrued expenses83 
Other current liabilities24 
Other noncurrent liabilities70 
     Total liabilities$295 
Earnings before income taxes prior to the share transfer of Whirlpool India are as follows for the periods presented:
Twelve Months Ended December 31,
in millions202520242023
Earnings (loss) before income taxes$40$30$8
Latin America sale of Brastemp water filtration subscription business
On January 16, 2024, the Company entered into a share purchase agreement with a third-party buyer to sell the Company's Brastemp-branded water filtration subscription business in the Latin America segment and the transaction closed on July 1, 2024. The Company received proceeds of approximately 294 million Brazilian reais (approximately $52 million at the date of transaction) and recorded a gain of approximately $34 million during the third quarter of 2024. The disposal group met the criteria of held for sale at December 31, 2023. The carrying amounts of the disposal group's assets and liabilities as of December 31, 2024 and December 31, 2023, respectively, were immaterial. The disposal group's earnings (loss) available to Whirlpool before income taxes for the twelve months ended December 31, 2024, and December 31, 2023, respectively, were also immaterial.
European Major Domestic Appliance Business Held for Sale
On January 16, 2023, Whirlpool entered into a contribution agreement with Arçelik A.S. (“Arcelik”) to carve out and contribute our major domestic appliance European business operations into a newly formed European appliance company which constitutes a combination of Arcelik’s and Whirlpool's European businesses. The sale includes the Company's major domestic appliance business in EMEA, including nine production sites.
On June 22, 2023, Whirlpool entered into a share purchase agreement with Arcelik for the sale of our MENA business. The sale was previously agreed upon in principle and announced on January 17, 2023, as part of the outcome of Whirlpool’s strategic review of the EMEA business. The financial impact of the MENA transaction has been included in the loss on sale and disposal of businesses related to the European major domestic appliance business transaction as discussed further below.
The disposal group met the criteria for held for sale accounting during the fourth quarter of 2022. The operations of the European disposal group did not meet the criteria to be presented as discontinued operations.
On April 1, 2024, the parties closed the aforementioned contribution transaction and MENA sale. Upon closing in the second quarter of 2024, the transaction resulted in the deconsolidation of the European major appliances and MENA businesses. Whirlpool owns approximately 25% and Arcelik owns approximately 75% of the European appliance company Beko Europe. In connection with the transactions, we recorded a loss on disposal of $1.5 billion in the fourth quarter of 2022. The loss included a write-down of the net assets of $1.2 billion of the disposal group to a fair value of $139 million and also includes $393 million of cumulative currency translation adjustments, $98 million of other comprehensive loss on pension and $18 million of other transaction related costs. No goodwill was included in the disposal group.
We recorded adjustments of $298 million and $106 million for the twelve months ended December 31, 2024 and December 31, 2023, respectively, resulting in a total loss of $1.9 billion for the transaction. These adjustments are recorded in the loss on sale and disposal of businesses and reflect ongoing reassessment of the fair value less costs to sell of the disposal group, transaction costs and provision for tax related indemnities recorded at closing of the transaction. As part of the loss on disposal, we recorded reserves related to certain indemnifications in the second quarter of 2024. In the third quarter of 2025, we released a $30 million reserve related to an indemnity that is no longer considered probable.
Both Whirlpool and Arcelik retain an option for Arcelik to purchase the remaining equity interest in Beko for fair value, which could be material to the financial statements of the Company, depending on the performance of the business.
The European disposal group was deconsolidated as of April 1, 2024. The following table summarizes the European major appliances business' earnings (loss) available to Whirlpool before income taxes for the twelve months ended December 31, 2025, 2024 and 2023, respectively:
Twelve Months Ended December 31,
in millions202520242023
Earnings (loss) before income taxes$—$(9)$28
Earnings (loss) before income taxes excludes intercompany other income and expense which eliminates at Total Whirlpool level.
v3.25.4
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
WHIRLPOOL CORPORATION AND SUBSIDIARIES
Years Ended December 31, 2025, 2024 and 2023
(Millions of dollars)
DescriptionBalance at  Beginning
of Period
Charged to Cost and
and Expenses
Deductions(1)
Balance at End
of Period
Allowance for doubtful accounts
Year Ended December 31, 2025:
$46 $10 $ $56 
Year Ended December 31, 2024:
47 12 (13)46 
Year Ended December 31, 2023:
49 (3)47 
Deferred tax valuation allowance (2)
Year Ended December 31, 2025:
$885 $75 $ $960 
Year Ended December 31, 2024:
490 395 — 885 
Year Ended December 31, 2023:
412 78 — 490 
(1)With respect to allowance for doubtful accounts, the amounts represent accounts charged off, net of translation adjustments and transfers. Recoveries were nominal for 2025, 2024 and 2023.
(2)For additional information about our deferred tax valuation allowances, refer to Note 14 to the Consolidated Financial Statements.
v3.25.4
Insider Trading Arrangements
3 Months Ended
Dec. 31, 2025
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.4
Insider Trading Policies and Procedures
12 Months Ended
Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true
v3.25.4
Cybersecurity Risk Management and Strategy Disclosure
12 Months Ended
Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
Information Security Risk Management and Strategy
Our Board is responsible for monitoring the Company’s key risks and overseeing the risk management structure and programs implemented by management. At meetings throughout the year, the Board receives updates from business unit and functional leaders regarding significant risks and challenges within their areas of responsibility and associated mitigation plans and strategies. The Chief Financial Officer is responsible for the Company’s enterprise risk management (ERM) system, which helps to effectively manage enterprise risks. Our ERM processes systematically identify, assess, mitigate and monitor enterprise risks, whether strategic, financial, non-financial, operational, compliance or reporting.
As part of our risk management processes, we perform risk assessments in which we map and prioritize information security risks identified through the processes described above, including risks associated with our use of third-party service providers, based on probability, immediacy and potential magnitude. Our centralized third-party security risk management program is established to proactively assess and mitigate cybersecurity risks across our vendor and supplier ecosystem. This comprehensive governance framework mandates formal procurement due-diligence for all new vendors and requires periodic security reassessment for existing vendors. We utilize a standardized decision framework and a structured security questionnaire, administered through an enterprise risk management platform, to evaluate vendor controls. This disciplined approach supports consistent oversight, risk-based decision-making and the protection of the Company's sensitive information assets. These assessments inform our risk mitigation strategies, which are reviewed regularly with the Board and management, and we view information security risks as one of the key risk categories we face. For example, our information technology and infrastructure has experienced and may in the future be vulnerable to cyberattacks (including ransomware attacks) or security incidents, and third parties have in the past and may in the future be able to access proprietary business information, Personally Identifiable Information (PII), or Payment Card (PCI) data that we collect, store and process. For more information regarding the information security-related risks we face, see the information in “Part I, Item 1A: Risk Factors” under the caption “We have been and may be subject to information technology system failures, cloud failures, network disruptions, cybersecurity attacks and breaches in data security, which may materially adversely affect our operations, financial condition and operating results”.
Our risk mitigation process assesses, prioritizes, and monitors information security risks and vulnerabilities and focuses on embedment of risk mitigation efforts across our business. Among other things, our internal experts regularly conduct audits and tests of our information systems and our cybersecurity program, which is in line with the NIST Cybersecurity Framework, is periodically assisted by established, independent third party consultants, who provide assistance through tabletop and other preparedness exercises. We also review information security threat information published by government entities and other organizations in which we participate and actively engage with suppliers, industry associations, key thought leaders and law enforcement communities as part of our continuous efforts to evaluate and enhance the effectiveness of our cybersecurity program. In 2022, we launched and required all salaried employees to complete a mandatory Global Cybersecurity and Privacy training, covering information security, end-user security policies, breach response, remote working, phishing and email security and digital threats. The training content is reassessed and refreshed each year to reflect evolving risks. Additionally, we maintain regular cyber awareness on our Company portal and conduct ongoing simulated phishing exercises. We use the findings from these and other processes to improve our information security practices, procedures and technologies. In 2023, we implemented additional management governance through the creation of a Cybersecurity, Privacy and AI Steering Committee, which meets periodically to review information security risks and drive the appropriate management and mitigation of vulnerabilities. In addition, we maintain insurance to protect against potential losses arising from an information security incident.
While we have not yet experienced any material impacts from a cyber attack, any one or more future cyber attacks could materially adversely impact the Company, including a loss of trust among our customers and consumers, departures of key employees, general diminishment of our global reputation and financial losses from remediation actions, loss of business or potential litigation or regulatory liability. The use of AI technologies could lead to the unauthorized disclosure of sensitive, proprietary, or confidential information, inadvertent infringement of intellectual property owned by third parties, and could lead to new potential cyberattack methods for third parties. Further, evolving market dynamics are increasingly driving heightened cybersecurity protections and mandating cybersecurity standards for our products, and we may incur additional costs to address these increased risks and to comply with such demands.
As part of our overall risk mitigation strategy, we maintain insurance coverage that is intended to address certain aspects of cybersecurity risks; however, such insurance may not be sufficient in type or amount to cover us against claims related to cybersecurity breaches, cyberattacks and other related breaches. We periodically review our cybersecurity insurance program.
In addition to the risk management processes identified above, Whirlpool also maintains active knowledge security and data privacy programs. Leveraging policies and governance, ongoing training and awareness as well as strong controls and systems-based approaches, these programs focus on protecting Whirlpool confidential information and compliance with applicable data privacy and data protection laws in all countries where we do business.
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block] Our ERM processes systematically identify, assess, mitigate and monitor enterprise risks, whether strategic, financial, non-financial, operational, compliance or reporting.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block]
Information Security Governance and Oversight
Our risk management process and information security risk mitigation framework enables our Board and management to establish a mutual understanding of the effectiveness of our information security risk management practices and capabilities, including the division of responsibilities for reviewing our information security risk exposure and risk tolerance, tracking emerging information risks and facilitating proper escalation of certain key risks for periodic review by the Board and its committees.
As part of its broader risk oversight activities, the Board oversees risks from information security threats, both directly and through the Audit Committee of the Board (the “Audit Committee”). As reflected in its charter, the Audit Committee assists the Board in its oversight of risk by periodically reviewing policies and guidelines with respect to risk assessment and risk management, including management reports on our processes to manage and report risks. As another element of its risk oversight activities, the Audit Committee receives reports quarterly from our Global Chief Information Officer (“CIO”) and Global Chief Information Security Officer (“CISO”) on the execution and effectiveness of our cybersecurity and privacy program, cybersecurity incidents, cyber resilience metrics and the global threat landscape. The Audit Committee also oversees our internal control over financial reporting, including with respect to financial reporting-related information systems.
Our CISO, who manages our cybersecurity program, reports to our CIO regularly on how certain information security risks are being managed and progress towards agreed mitigation goals, as well as any potential material risks from cybersecurity threats. The CIO and CISO discuss these matters with our Audit Committee who reports to the Board on the substance of its reviews and discussions. In addition to these discussions, each year our CIO and CISO present to our Board on cybersecurity related trends and program updates. Our CIO and CISO are also responsible for prioritizing risk mitigation activities and developing a culture of risk-aware practices with strong support from management. Our CISO has approximately 20 years of experience in cybersecurity operations and holds CISSP and CISM certifications. Our CIO has over 20 years experience in cybersecurity roles and holds CISSP, CISM, CGEIT, CDSPSE and PMP certifications.
The day-to-day monitoring, identification, and assessment of information security risks and incident response functions are managed centrally by our core cyber incident response team (the “CIRT”), which operationalizes our Cyber Incident Response Plan (the “Plan”). The Plan includes processes to triage, assess severity of, escalate, contain, investigate and remediate information security incidents, including those associated with our third-party service providers, as well as to comply with potentially applicable legal obligations and mitigate brand and reputational damage. Under the Plan,
the CIRT may escalate matters as necessary to our CISO and CIO, Chief Legal Officer, and other senior leadership, depending on the severity classification of the incident.
In addition to the ordinary-course Board and Audit Committee reporting and oversight described above, we also maintain disclosure controls and procedures designed for prompt reporting to the Board and timely public disclosure, as appropriate, of material events covered by our risk management framework, including information security risks.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]
As part of its broader risk oversight activities, the Board oversees risks from information security threats, both directly and through the Audit Committee of the Board (the “Audit Committee”). As reflected in its charter, the Audit Committee assists the Board in its oversight of risk by periodically reviewing policies and guidelines with respect to risk assessment and risk management, including management reports on our processes to manage and report risks. As another element of its risk oversight activities, the Audit Committee receives reports quarterly from our Global Chief Information Officer (“CIO”) and Global Chief Information Security Officer (“CISO”) on the execution and effectiveness of our cybersecurity and privacy program, cybersecurity incidents, cyber resilience metrics and the global threat landscape. The Audit Committee also oversees our internal control over financial reporting, including with respect to financial reporting-related information systems.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] As reflected in its charter, the Audit Committee assists the Board in its oversight of risk by periodically reviewing policies and guidelines with respect to risk assessment and risk management, including management reports on our processes to manage and report risks.
Cybersecurity Risk Role of Management [Text Block]
Our CISO, who manages our cybersecurity program, reports to our CIO regularly on how certain information security risks are being managed and progress towards agreed mitigation goals, as well as any potential material risks from cybersecurity threats. The CIO and CISO discuss these matters with our Audit Committee who reports to the Board on the substance of its reviews and discussions. In addition to these discussions, each year our CIO and CISO present to our Board on cybersecurity related trends and program updates. Our CIO and CISO are also responsible for prioritizing risk mitigation activities and developing a culture of risk-aware practices with strong support from management. Our CISO has approximately 20 years of experience in cybersecurity operations and holds CISSP and CISM certifications. Our CIO has over 20 years experience in cybersecurity roles and holds CISSP, CISM, CGEIT, CDSPSE and PMP certifications.
The day-to-day monitoring, identification, and assessment of information security risks and incident response functions are managed centrally by our core cyber incident response team (the “CIRT”), which operationalizes our Cyber Incident Response Plan (the “Plan”). The Plan includes processes to triage, assess severity of, escalate, contain, investigate and remediate information security incidents, including those associated with our third-party service providers, as well as to comply with potentially applicable legal obligations and mitigate brand and reputational damage. Under the Plan,
the CIRT may escalate matters as necessary to our CISO and CIO, Chief Legal Officer, and other senior leadership, depending on the severity classification of the incident.
In addition to the ordinary-course Board and Audit Committee reporting and oversight described above, we also maintain disclosure controls and procedures designed for prompt reporting to the Board and timely public disclosure, as appropriate, of material events covered by our risk management framework, including information security risks.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]
As part of its broader risk oversight activities, the Board oversees risks from information security threats, both directly and through the Audit Committee of the Board (the “Audit Committee”). As reflected in its charter, the Audit Committee assists the Board in its oversight of risk by periodically reviewing policies and guidelines with respect to risk assessment and risk management, including management reports on our processes to manage and report risks. As another element of its risk oversight activities, the Audit Committee receives reports quarterly from our Global Chief Information Officer (“CIO”) and Global Chief Information Security Officer (“CISO”) on the execution and effectiveness of our cybersecurity and privacy program, cybersecurity incidents, cyber resilience metrics and the global threat landscape. The Audit Committee also oversees our internal control over financial reporting, including with respect to financial reporting-related information systems.
Our CISO, who manages our cybersecurity program, reports to our CIO regularly on how certain information security risks are being managed and progress towards agreed mitigation goals, as well as any potential material risks from cybersecurity threats. The CIO and CISO discuss these matters with our Audit Committee who reports to the Board on the substance of its reviews and discussions. In addition to these discussions, each year our CIO and CISO present to our Board on cybersecurity related trends and program updates. Our CIO and CISO are also responsible for prioritizing risk mitigation activities and developing a culture of risk-aware practices with strong support from management. Our CISO has approximately 20 years of experience in cybersecurity operations and holds CISSP and CISM certifications. Our CIO has over 20 years experience in cybersecurity roles and holds CISSP, CISM, CGEIT, CDSPSE and PMP certifications.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] Our CISO has approximately 20 years of experience in cybersecurity operations and holds CISSP and CISM certifications. Our CIO has over 20 years experience in cybersecurity roles and holds CISSP, CISM, CGEIT, CDSPSE and PMP certifications.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] As another element of its risk oversight activities, the Audit Committee receives reports quarterly from our Global Chief Information Officer (“CIO”) and Global Chief Information Security Officer (“CISO”) on the execution and effectiveness of our cybersecurity and privacy program, cybersecurity incidents, cyber resilience metrics and the global threat landscape.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES (Policies)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
General Information Whirlpool Corporation, a Delaware corporation, manufactures products in four countries and markets products in nearly every country around the world under brand names such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, JennAir, and InSinkErator. We conduct our business through three operating segments, which we define based on product category and geography. Whirlpool Corporation's operating and reportable 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. Prior period segment information has been recast to retrospectively reflect this change. The MDA Europe segment was deconsolidated as of April 1, 2024 upon the completion of the contribution agreement transaction with Arcelik.
Change in Presentation
In 2024, the Company changed its rounding presentation. Certain columns and rows within the consolidated financial statements and tables presented may not add due to rounding and percentages have been calculated from the underlying whole-dollar amounts. This change is not material and does not impact the comparability of our consolidated financial statements.
Principles of Consolidation The Consolidated Financial Statements are prepared in conformity with U.S. GAAP, and include all majority-owned subsidiaries. All material intercompany transactions have been eliminated upon consolidation. We do not consolidate the financial statements of any company in which we have an ownership interest of 50% or less, unless that company is deemed to be a variable interest entity ("VIE") of which we are the primary beneficiary. VIEs are consolidated when the company is the primary beneficiary of these entities and has the ability to directly impact the activities of these entities. Our primary business purpose and involvement with VIEs is for product development and distribution.
Risks and Uncertainties
The Consolidated Financial Statements presented herein reflect estimates and assumptions made by management at December 31, 2025 and for the twelve months ended December 31, 2025.
These estimates and assumptions affect, among other things, the Company’s goodwill, long-lived asset and indefinite-lived intangible asset valuation; inventory valuation; assessment of the annual effective tax rate; valuation of deferred income taxes and income tax contingencies; and the allowance for expected credit losses and bad debt. Events and changes in circumstances arising after February 11, 2026, including those resulting from the impacts of macroeconomic volatility, as well as the ongoing international conflicts, will be reflected in management’s estimates for future periods.
Goodwill and indefinite-lived intangible assets
We continue to monitor the significant global economic uncertainty to assess the outlook for demand for our products and the impact on our business and our overall financial performance. The results of the annual assessment performed as of October 1, 2025 determined that the carrying value of our JennAir trademark exceeded its fair value by $106 million. The trademark remains at risk for future impairment at December 31, 2025. The InSinkErator and Maytag trademarks are also at risk for impairment at December 31, 2025. The goodwill in our reporting units or other indefinite-lived intangible assets are not presently at risk for future impairment.
The potential impact of demand disruptions, production impacts or supply constraints, along with a number of other factors, could negatively effect revenues for the JennAir, Maytag and InSinkErator
trademarks, but we remain committed to the strategic actions necessary to realize the long-term forecasted revenues and profitability of these trademarks.
A lack of recovery or further deterioration in market conditions, a sustained trend of weaker than expected financial performance for our JennAir, Maytag and InSinkErator trademarks, among other factors, as a result of macroeconomic factors or other unforeseen events, could result in an impairment charge in future periods which could have a material adverse effect on our financial statements.
Income taxes
Under U.S. GAAP, the Company calculates its quarterly tax provision based on an estimated effective tax rate for the year and then adjusts this amount by certain discrete items each quarter. Potential changing and volatile macroeconomic conditions could cause fluctuations in forecasted earnings before income taxes. As such, the Company's effective tax rate could be subject to volatility as forecasted earnings before income taxes are impacted by events which cannot be predicted.
In addition, potential future economic deterioration brought on by the trade and tariff landscape, ongoing international conflicts, and related sanctions or other factors, such as potential sales of businesses and new tax legislation may negatively impact the realizability and/or valuation of certain deferred tax assets.
Reclassifications
We reclassified certain prior period amounts in the Consolidated Financial Statements to conform with current year presentation.
Use of Estimates
We are required to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying Notes. The most significant assumptions are estimates in determining the fair value of goodwill and indefinite-lived intangible assets, assets held for sale, legal contingencies, income taxes and pension and other postretirement benefits. Actual results could differ materially from those estimates.
Revenue Recognition and Sales Incentives and Revenue from Contracts with Customers Revenue is recognized when performance obligations under the terms of a contract with our customers are satisfied, the sales price is determinable, and the risk and rewards of ownership are transferred. Generally the risk and rewards of ownership are transferred with the transfer of control of our products and services. For the majority of our sales, control is transferred to the customer as soon as products are shipped. For a portion of our sales, control is transferred to the customer upon receipt of products at the customer's location. Sales are net of allowances for product returns, which are based on historical return rates and certain promotions.The cost of sales incentives is accrued at the date at which revenue is recognized by Whirlpool as a reduction of revenue. If new incentives are added after the product has been shipped, then they are accrued at that time, also as a reduction of revenue. These accrued promotions are recognized based on the expected value amount of incentives that will be ultimately claimed by trade customers or consumers. If the amount of incentives cannot be reasonably estimated, an accrued promotion liability is recognized for the maximum potential amount.
In accordance with Topic 606, revenue is recognized when performance obligations under the terms of a contract with our customer are satisfied; generally this occurs with the transfer of control of our products or services. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring products or providing services. Certain customers may receive cash and/or non-cash incentives, which are accounted for as variable consideration. To achieve the core principle, the Company applies the following five steps:
1. Identify the contract with a customer
A contract with a customer exists when (i) the Company enters into an agreement with a customer that defines each party's rights regarding the products or services to be transferred and identifies the payment terms related to these products or services, (ii) both parties to the contract are committed to perform their respective obligations, (iii) the contract has commercial substance, and (iv) the Company determines that collection of substantially all consideration for products or services that are transferred is probable based on the customer's intent and ability to pay the promised consideration. The Company applies judgment in determining the customer's ability and intention to pay, which is based on a variety of factors including the customer's payment history or, in the case of a new customer, published credit and financial information pertaining to the customer.
2. Identify the performance obligations in the contract
Performance obligations promised in a contract are identified based on the products or services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the product or service either on its own or together with other resources that are readily available from third parties or from the Company, and are distinct in the context of the contract, whereby the transfer of the products or services is separately identifiable from other promises in the contract. To the extent a contract includes multiple promised products or services, the Company must apply judgment to determine whether promised products or services are capable of being distinct and distinct in the context of the contract. If these criteria are not met, the promised products or services are accounted for as a combined performance obligation. The Company has elected to account for shipping and handling activities as a fulfillment cost as permitted by the standard.
3. Determine the transaction price
The transaction price is determined based on the consideration to which the Company will be entitled in exchange for transferring products or services to the customer. To the extent the transaction price is variable, revenue is recognized at an amount equal to the consideration to which the Company expects to be entitled. This estimate includes customer sales incentives which are accounted for as a reduction to revenue and estimated primarily using the expected value method. Determining the transaction price requires significant judgment, which is discussed by revenue category in further detail below.
In practice, we do not offer extended payment terms beyond one year to customers. As such, we do not adjust our consideration for financing arrangements.
4. Allocate the transaction price to performance obligations in the contract
If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price to each performance obligation based on a relative standalone selling price basis unless a portion of the variable consideration related to the contract is allocated entirely to a performance obligation. The Company determines standalone selling price based on the price at which the performance obligation is sold separately.
5. Recognize revenue when or as the Company satisfies a performance obligation
The Company generally satisfies performance obligations at a point in time. Revenue is recognized based on the transaction price at the time the related performance obligation is satisfied by transferring a promised product or service to a customer. The impact to revenue related to prior period performance obligations is less than 1% of global consolidated revenues for the twelve months ended December 31, 2025, 2024 and 2023, respectively.
Accounts Receivable and Allowance for Expected Credit Losses
We carry accounts receivable at sales value less an allowance for expected credit losses. We estimate our expected credit losses primarily by using an aging methodology and establish customer-specific reserves for higher risk trade customers. Our expected credit losses are evaluated
and controlled within each geographic region considering the unique credit risk specific to the country, marketplace and economic environment. We take into account a combination of specific customer circumstances, credit conditions, market conditions, reasonable and supportable forecasts of future economic conditions and the history of write-offs and collections in developing the reserve. We evaluate items on an individual basis when determining accounts receivable write-offs. In general, our policy is to not charge interest on trade receivables after the invoice becomes past due. A receivable is considered past due if payment has not been received within agreed upon invoice terms.
Transfers and Servicing of Financial Assets In an effort to manage economic and geographic trade customer risk, from time to time, the Company will transfer, primarily without recourse, accounts receivable balances of certain customers to financial institutions resulting in a nominal impact recorded in interest and sundry (income) expense. These transactions are accounted for as sales of the receivables resulting in the receivables being de-recognized from the Consolidated Balance Sheets. These transfers do not require continuing involvement from the Company.
Freight and Warehousing Costs
We classify freight and warehousing costs within cost of products sold in our Consolidated Statements of Income (Loss).
Cash and Cash Equivalents All highly liquid debt instruments purchased with an initial maturity of three months or less are considered cash equivalents. Short-term investments are primarily comprised of money market funds and highly liquid, low risk investments with initial maturities less than 90 days.
Fair Value Measurements
We measure fair value based on an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, a three-tiered fair value hierarchy is established, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets that are observable, either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. Certain investments are valued based on net asset value (NAV), which approximates fair value. Such basis is determined by referencing the respective fund's underlying assets. There are no unfunded commitments or other restrictions associated with these investments. We had Level 3 assets at December 31, 2025 and 2024 that included pension plan assets disclosed in Note 8 to the Consolidated Financial Statements. We had no Level 3 liabilities at December 31, 2025 and 2024, respectively.
We measured fair value for money market funds, available for sale investments and held-to-maturity securities using quoted market prices in active markets for identical or comparable assets. We measured fair value for derivative contracts, all of which have counterparties with high credit ratings, based on model driven valuations using significant inputs derived from observable market data. We also measured fair value for disposal groups held for sale based on the expected proceeds received from the sale. For assets measured at net asset values, we have no unfunded commitments or significant restraints. We measured fair value (non-recurring) for goodwill and other intangibles
using a discounted cash flow model and a relief-from-royalty method, respectively, with inputs based on both observable and unobservable market data.
Fair value is measured based on an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions market participants would use in pricing an asset or liability. Assets and liabilities measured at fair value are based on a market valuation approach using prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. As a basis for considering such assumptions, a three-tiered fair value hierarchy is established, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets that are observable, either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
Inventories MDA North America and MDA Europe (through Q1 2024) reporting segments use the FIFO method of inventory valuation. MDA Latin America inventories are stated at average cost. SDA Global consists of both inventory valuation methods. Costs include materials, labor and production overhead at normal production capacity. Costs do not exceed net realizable values.
Property
Property is stated at cost, net of accumulated depreciation. For production machinery and equipment, we record depreciation based on units produced, unless units produced drop below a minimum threshold at which point depreciation is recorded using the straight-line method. For certain acquired production assets, we depreciate costs based on the straight-line method.
Property, plant and equipment and related accumulated depreciation of all divested businesses have been removed.
We classify gains and losses associated with asset dispositions in the same line item as the underlying depreciation of the disposed asset in the Consolidated Statements of Income (Loss).
We record impairment losses on long-lived assets, excluding goodwill and indefinite-lived intangibles, when events and circumstances indicate the assets may be impaired and the estimated undiscounted future cash flows generated by those assets are less than their carrying amounts.
Capitalization of Internal Use Software Costs
We capitalize certain computer software development costs associated with qualifying application development stage activities or the acquisition of computer software for internal use. Capitalization is determined based on specific criteria, including whether the software is in the development stage and meets defined criteria for capitalization.

Capitalized software costs are recognized as part of property, plant, and equipment within machinery and equipment and are depreciated on a straight-line basis over the estimated useful lives of the software, generally not exceeding five years.
Leases
We determine if an arrangement contains a lease at contract inception and determine the lease term by assuming the exercise of those renewal options that are reasonably assured. Leases with an initial term of 12 months or less are not recorded in the Consolidated Balance Sheets and we recognize lease expense for these leases on a straight-line basis over the lease term. We elect to not separate lease and non-lease components for all leases.
As the Company's lease agreements normally do not provide an implicit interest rate, we apply the Company's incremental borrowing rate based on the information available at commencement date in determining the present value of future lease payments. Relevant information used in determining the Company's incremental borrowing rate includes the duration of the lease, location of the lease, and the Company's credit risk relative to risk-free market rates.
Certain leases also include options to purchase the underlying asset at fair market value. If leased assets have leasehold improvements, typically the depreciable life of those leasehold improvements are limited by the expected lease term. Additionally, certain lease agreements include lease payment adjustments for inflation.
Goodwill and Other Intangibles
We perform our annual impairment assessment for goodwill and indefinite-lived intangible assets as of October 1st and more frequently if indicators of impairment exist. We consider qualitative factors to assess if it is more likely than not that the fair value for goodwill or indefinite-lived intangible assets is below the carrying amount. We may also elect to bypass the qualitative assessment and perform a quantitative assessment.
In conducting a qualitative assessment, the Company analyzes a variety of events or factors that may influence the fair value of the reporting unit or indefinite-lived intangible asset, including, but not limited to: macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, share price and other relevant factors.
Goodwill
We have four reporting units which we assess for impairment: Major Domestic Appliances ("MDA") North America, MDA Latin America, MDA Asia, and Small Domestic Appliances ("SDA") Global. In performing a quantitative assessment of goodwill, we estimate each reporting unit's fair value using the best information available to us, including market information and discounted cash flow projections, also referred to as the income approach. The income approach uses the reporting unit's projections of estimated operating results and cash flows and discounts them using a market participant discount rate based on a weighted-average cost of capital. We further validate our estimates of fair value under the income approach by incorporating the market approach.
If the fair value of the reporting unit exceeds its carrying amount, no impairment loss is measured. If the carrying amount of a reporting unit exceeds the reporting unit’s fair value, then a goodwill impairment loss is measured at the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill.
Intangible Assets
We perform a quantitative assessment of other indefinite-lived intangible assets, which are primarily comprised of trademarks. We estimate the fair value of these intangible assets using the relief-from-
royalty method, which primarily requires assumptions related to projected revenues from our long-range plan, assumed royalty rates that could be payable if we did not own the trademark, and a market participant discount rate based on a weighted-average cost of capital.
Other definite-life intangible assets are amortized over their useful life and are assessed for impairment when impairment indicators are present.
Supply Chain Financing Arrangements
The Company has ongoing agreements globally with various third-parties to allow certain suppliers the opportunity to sell receivables due from us to participating financial institutions at the sole discretion of both the suppliers and the financial institutions.
We have no economic interest in the sale of these receivables and no direct financial relationship with the financial institutions concerning these services. Our obligations to suppliers, including amounts due and scheduled payment terms, are not impacted. All outstanding balances under these programs are recorded in accounts payable on our Consolidated Balance Sheets.
Derivative Financial Instruments We use derivative instruments designated as cash flow, fair value and net investment hedges to manage our exposure to the volatility in material costs, foreign currency and interest rates on certain debt instruments. Changes in the fair value of derivative assets or liabilities (i.e., gains or losses) are recognized depending upon the type of hedging relationship and whether a hedge has been designated. For those derivative instruments that qualify for hedge accounting, we designate the hedging instrument, based upon the exposure being hedged, as a cash flow hedge, fair value hedge, or a hedge of a net investment in a foreign operation. For a derivative instrument designated as a fair value hedge, the gain or loss on the derivative is recognized in earnings immediately with the offsetting gain or loss on the hedged item. For a derivative instrument designated as a cash flow hedge, the effective portion of the derivative's gain or loss is initially reported as a component of Other Comprehensive Income (Loss) and is subsequently recognized in earnings when the hedged exposure affects earnings. For a derivative instrument designated as a hedge of a net investment in a foreign operation, the effective portion of the derivative's gain or loss is reported in Other Comprehensive Income (Loss) as part of the cumulative translation adjustment. Changes in fair value of derivative instruments that do not qualify for hedge accounting are recognized immediately in current net earnings.
Hedging Strategy
In the normal course of business, we manage risks relating to our ongoing business operations including those arising from changes in commodity prices, foreign exchange rates and interest rates. Fluctuations in these rates and prices can affect our operating results and financial condition. We use a variety of strategies, including the use of derivative instruments, to manage these risks. We do not enter into derivative financial instruments for trading or speculative purposes.
Commodity Price Risk
We enter into commodity derivative contracts on various commodities to manage the price risk associated with forecasted purchases of materials used in our manufacturing process. The objective of these hedges is to reduce the variability of cash flows associated with the forecasted purchase of commodities.
Foreign Currency and Interest Rate Risk
We incur expenses associated with the procurement and production of products in a limited number of countries, while we sell in the local currencies of a large number of countries. Our primary foreign currency exchange exposures result from cross-currency sales of products. As a result, we enter into foreign exchange contracts to hedge certain firm commitments and forecasted transactions to acquire products and services that are denominated in foreign currencies. We enter into certain undesignated non-functional currency asset and liability hedges that relate primarily to short-term payables, receivables, intercompany loans and dividends. When we hedge a foreign currency denominated payable or receivable with a derivative, the effect of changes in the foreign exchange rates are reflected currently in interest and sundry (income) expense for both the payable/receivable and the derivative. Therefore, as a result of the economic hedge, we do not elect hedge accounting.
We also enter into hedges to mitigate currency risk primarily related to forecasted foreign currency denominated expenditures, intercompany financing agreements and royalty agreements and designate them as cash flow hedges. Gains and losses on derivatives designated as cash flow hedges, to the extent they are included in the assessment of effectiveness, are recorded in other comprehensive income (loss) and subsequently reclassified to earnings to offset the impact of the hedged items when they occur.
We may enter into cross-currency interest rate swaps to manage our exposure relating to cross-currency debt. Outstanding notional amounts of cross-currency interest rate swap agreements were $618 million at December 31, 2025, December 31 ,2024, and December 31, 2023.
We may enter into interest rate swap agreements to manage interest rate risk exposure. Our interest rate swap agreements, if any, effectively modify our exposure to interest rate risk, primarily through converting certain floating rate debt to a fixed rate basis, and certain fixed rate debt to a floating rate basis. These agreements involve either the receipt or payment of floating rate amounts in exchange for fixed rate interest payments or receipts, respectively, over the life of the agreements without an exchange of the underlying principal amounts. We may enter into swap rate lock agreements to effectively reduce our exposure to interest rate risk by locking in interest rates on probable long-term debt issuances. There were no outstanding notional amounts of interest rate swap agreements at December 31, 2025 December 31, 2024 and December 31, 2023.
Net Investment Hedging
For instruments that are designated and qualify as a net investment hedge, the effective portion of the instruments' gain or loss is reported as a component of other comprehensive income (loss) and recorded in accumulated other comprehensive loss. The gain or loss will be subsequently reclassified into net earnings when the hedged net investment is either sold or substantially liquidated. The remaining change in fair value of the hedge instruments represents the ineffective portion, which is immediately recognized in interest and sundry (income) expense on our Consolidated Statements of Income. There were no outstanding hedges designated as net investment hedges at December 31, 2025, December 31, 2024 and December 31, 2023.
Foreign Currency Translation and Transactions
Foreign currency denominated assets and liabilities are translated into United States dollars at exchange rates existing at the respective balance sheet dates. Translation adjustments resulting from fluctuations in exchange rates are recorded as a separate component of Accumulated Other Comprehensive Income (Loss). The results of operations of foreign subsidiaries are translated at the average exchange rates during the respective periods. Gains and losses resulting from foreign currency transactions are included in net earnings.
Research and Development Costs Research and development costs are charged to expense
Advertising Costs Advertising costs are charged to expense when the advertisement is first communicated
Income Taxes and Indirect Tax Matters
We account for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement and tax basis of assets and liabilities using enacted rates. The effect of a change in tax rates on deferred tax assets is recognized in income in the period of the enactment date.
We recognize, primarily in other noncurrent liabilities in the Consolidated Balance Sheets, the effects of uncertain income tax positions. Interest and penalties related to uncertain tax positions are reflected in income tax expense. We record liabilities, net of the amount, after determining it is more likely than not that the uncertain tax position will not be sustained upon examination based on its technical merits. We accrue for indirect tax contingencies when we determine that a loss is probable and the amount or range of loss is reasonably estimable.
Provision is made for taxes on undistributed earnings of foreign subsidiaries and related companies to the extent that such earnings are not deemed to be permanently invested.
Share-based Incentive Plans Share-based compensation expense is based on the grant date fair value and is expensed over the period during which an employee is required to provide service in exchange for the award (generally the vesting period). The Company's Share-based incentive plans include stock options, performance stock units, and restricted stock units, among other award types. The fair value of stock options are determined using the Black-Scholes option-pricing model, which incorporates assumptions regarding the risk-free interest rate, expected volatility, expected option life, expected forfeitures and dividend yield. Expected forfeitures are based on historical experience. Stock options are granted with an exercise price equal to the closing stock price on the date of grant. The fair value of restricted stock units and performance stock units is generally based on the closing market price of Whirlpool common stock on the grant date. Share-based compensation is recorded in selling, general and administrative expense on our Consolidated Statements of Income (Loss).
Acquisitions
We include the results of operations of the businesses in which we acquire a controlling financial interest in our Consolidated Financial Statements beginning as of the acquisition date. On the acquisition date, we recognize, separate from goodwill, the assets acquired, including separately identifiable intangible assets, and the liabilities assumed based on the preliminary purchase price allocation. The excess of the consideration transferred over the fair values assigned to the net identifiable assets and liabilities of the acquired business is recognized as goodwill. Transaction costs are recognized separately from the acquisition and are expensed as incurred.
We may adjust preliminary amounts recognized at the acquisition date to their subsequently determined acquisition-date fair values during the measurement period which is twelve months from acquisition date.
Equity Method Investments
The Company has various investments accounted for using the equity method. Under the equity method of accounting, the Company records its proportionate share of the net income or loss of each equity method investee, with a corresponding change to the carrying value of the investment. The Company records its share of earnings or losses from the equity method investees on a one-to-three-month lag, depending on when the financial information is available for these entities.
The Company records its proportionate share of net income or loss within the Equity method investment income (loss), net of tax line on the Consolidated Statement of Income (Loss). The carrying value of the investments are recorded within the Investment in affiliated companies on the Consolidated Balance Sheet.
The carrying value of the investment is also adjusted for any dividends received and the effect of foreign exchange. The Company has elected to record dividends received from its equity method investments under the nature of distribution approach, which provides for the recording of such distributions within operating or financing activities in the Consolidated Statement of Cash Flows based on the source of distribution.
Our primary equity method investments include partial ownership in Whirlpool China, an entity that was previously controlled by the Company, partial ownership in Beko Europe B.V. (Beko), an entity resulting from the April 1, 2024 transaction with Arcelik, and partial ownership in Whirlpool India, an entity that was previously controlled by the Company. Whirlpool China, Beko, and Whirlpool India are considered related parties.
The fair value of the investment in Beko at the date of deconsolidation on April 1, 2024 was calculated based on a discounted cash flow analysis and multiple market data points (Level 3 input), resulting in a fair value of $186 million. As of December 31, 2025, the carrying amount of the investment is $19 million, reflecting the recognition of equity method investment losses during the year. The fair value of our investment in Whirlpool China, based on the quoted market price, is $209 million as of December 31, 2025. The fair value of the investment in Whirlpool India at the date of deconsolidation on December 1, 2025, was $599 million based on the quoted market price (Level 1 input). As of December 31, 2025, the fair value of this investment is $504 million.
In 2024, we completed a market transaction reducing our ownership in Whirlpool India from 75% to 51%. In November 2025 we completed another market transaction to further reduce our ownership In Whirlpool India to approximately 40%.
Management has concluded that there are no indicators of other than temporary impairment related to these investments.
The licensing revenue or the dividends received from our equity method investments and their subsidiaries is not material for the periods presented. There are also no material accounts receivable or sales with these investments for the periods presented.
Adoption of New Accounting Standards and Accounting Pronouncements Issued But Not Yet Effective
Adoption of New Accounting Standards
On January 1, 2026, we adopted the FASB issued Update 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". The adoption of this standard did not have a material impact on our Consolidated Financial Statements, however we have expanded our Effective Tax Rate Table and Income Taxes Paid disclosure to include additional information. See Note 14 to the Consolidated Financial Statements.
On January 1, 2025, we adopted the FASB issued Update 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures". The adoption of this standard did not have a material impact on our Consolidated Financial Statements, however we have expanded our Segment disclosure to include additional information that is significant to the chief operating decision maker, who is the Company’s Chairman and Chief Executive Officer. For additional information on the required disclosures related to the impact of adopting this standard, see Note 15 to the Consolidated Financial Statements.
All other standards adopted for the year ended December 31, 2025 did not have a material impact on our Consolidated Financial Statements.
Accounting Pronouncements Issued But Not Yet Effective
In November 2024, the FASB issued Update 2024-03, "Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40)". This update applies to all public business entities. The FASB issued the Update to improve the disclosures about a public company's expenses and address requests from investors for more detailed information about the types of expenses (including purchases of inventory, employee compensation, depreciation, amortization, and depletion) in commonly presented expense captions (such as cost of sales, SG&A, and research and development). The new standard is effective for annual periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of adopting this new standard.
All other issued and not yet effective accounting standards are not relevant to the Company.
Segment Information
Beginning January 1, 2024, we reorganized our operating segment structure to better represent the revised structure within our portfolio transformation, including a greater focus on our strong value creating small domestic appliance business. The Company implemented this change to align with the Company's new operating structure, consistent with how the Company’s Chief Operating Decision Maker evaluates operational performance and allocates resources in accordance with ASC 280, Segment Reporting.
Our reportable segments consist of Major Domestic Appliances ("MDA") North America; MDA Europe, MDA Latin America; and Small Domestic Appliances ("SDA") Global. All prior period amounts have been reclassified to conform with current period presentation. 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. Prior period segment information has been recast to retrospectively reflect this change. The MDA Europe business was deconsolidated upon the completion of the European contribution agreement transaction with Arcelik as of April 1, 2024. For additional information see Note 16 to the Consolidated Financial Statements.
The chief operating decision maker (CODM), who is the Company's Chairman and Chief Executive Officer, evaluates operational performance based on each segment's earnings (loss) before interest and taxes (EBIT). We define 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 region'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" 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.
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Property
The following table summarizes our property at December 31, 2025 and 2024:
Millions of dollars20252024Estimated Useful Life
Land$26 $36 
N/A
Buildings1,024 981 
10 to 50 years
Machinery and equipment6,691 6,673 
3 to 20 years
Accumulated depreciation(5,547)(5,414)
Property plant and equipment, net$2,194 $2,275 
Schedule of Supplier Finance Program The following table summarizes the changes in outstanding obligations for the periods presented:
Millions of dollarsOutstanding Obligations
Confirmed obligations outstanding as of December 31, 2024
$794 
Invoices confirmed during the period2,327 
Confirmed invoices paid during the period(2,394)
Impact of foreign currency37 
Confirmed obligations outstanding as of December 31, 2025
$763 
Schedule of Equity Method Investments
The following table summarizes the amounts related to the Company's primary equity method investments during the periods presented.
Millions of dollarsReporting LagDecember 31, 2025December 31, 2024
Percentage OwnershipCarrying AmountPercentage OwnershipCarrying Amount
Beko Europe B.V.1 month25 %$19 25 %$74 
Whirlpool China1 month20 %$196 20 %$191 
Whirlpool India3 months40 %$599 N/AN/A
The following table summarizes the amounts recorded related to the Company's primary equity method investments during the periods presented.
Millions of dollarsTwelve Months Ended December 31,
20252024
Accounts Payable$198 $101 
Purchases$363 $261 
v3.25.4
REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents our disaggregated revenues by revenue source. We sell products within all major product categories in each operating segment. For additional information on the disaggregated revenues by operating segment, see Note 15 to the Consolidated Financial Statements.
Twelve months ended
Millions of dollars202520242023
Major product categories:
Laundry$4,376 $4,585 $5,333 
Refrigeration4,790 5,097 5,794 
Cooking3,687 3,939 4,721 
Dishwashing1,175 1,276 1,729 
Total major product category net sales $14,028 $14,897 $17,577 
Spare parts and warranties550 649 953 
Other946 1,062 925 
Total net sales$15,524 $16,607 $19,455 
Schedule of Allowance for Doubtful Accounts by Operating Segment
The following table summarizes our allowance for doubtful accounts by operating segment for the twelve months ended December 31, 2025.
Millions of dollars
December 31, 2024
Charged to EarningsWrite-offsForeign CurrencyOtherDecember 31, 2025
Accounts receivable allowance
MDA North America$$6 $(2)$ $ $12 
MDA Latin America33 2  4  39 
SDA Global1    3 
Other1   (2)2 
Consolidated$46 $10 $(2)$4 $(2)$56 
Financing receivable allowance
MDA Latin America$23 $ $ $3 $ $26 
Consolidated$69 $10 $(2)$7 $(2)$82 
v3.25.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Undiscounted Annual Future Minimum Lease Payments The undiscounted annual future minimum lease payments are summarized by year in the table below.
Maturity of Lease LiabilitiesOperating Leases
(in millions)
2026$214 
2027192 
2028158 
2029132 
2030105 
Thereafter197 
Total lease payments$999 
Less: interest$164 
Present value of lease liabilities $836 
v3.25.4
INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2025
Inventory, Net [Abstract]  
Schedule of Inventories
The following table summarizes our inventories at December 31, 2025 and 2024:
Millions of dollars20252024
Finished products$1,750 $1,463 
Raw materials and work in process557 572 
Total inventories$2,307 $2,035 
v3.25.4
GOODWILL AND OTHER INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Attributable to Reporting Units The following table summarizes the goodwill attributable to our reporting units for the periods presented:
Millions of dollarsMDA North
America
MDA Latin
America
MDA AsiaSDA GlobalTotal
Whirlpool
Beginning balance January 1, 2024
$2,419 $31 $248 $632 $3,330 
Currency translation adjustment (4)(1)(3)— (8)
Ending balance December 31, 2024
$2,415 $30 $245 $632 $3,322 
Currency translation adjustment$3 $(1)$(4)$ $(2)
Divestitures$ $ $(217)$ $(217)
Ending balance December 31, 2025
$2,418 $29 $24 $632 $3,103 
Schedule of Finite-Lived Intangible Assets
The following table summarizes other intangible assets for the period presented:
December 31, 2025December 31, 2024
Millions of dollarsGross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Other intangible assets, finite lives:
Customer relationships (1)
$633 $(366)$268 $665 $(349)$316 
Patents and other (2)
98 (98)100 (97)
Total other intangible assets, finite lives$731 $(464)$268 $765 $(447)$318 
Trademarks, indefinite lives (3)
2,295  2,295 2,399 — 2,399 
Total other intangible assets $3,026 $(464)$2,563 $3,164 $(447)$2,717 
(1)Customer relationships have an estimated useful life of 5 to 18 years.
(2)Patents and other intangibles have an estimated useful life of 3 to 43 years.
(3)Includes InSinkErator, Maytag, and JennAir trademarks with carrying values of $1.3 billion, $640 million, and $198 million respectively, at December 31, 2025, and $1.3 billion, $640 million, and $304 million, respectively, at December 31, 2024.
Schedule of Indefinite-Lived Intangible Assets
The following table summarizes other intangible assets for the period presented:
December 31, 2025December 31, 2024
Millions of dollarsGross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Other intangible assets, finite lives:
Customer relationships (1)
$633 $(366)$268 $665 $(349)$316 
Patents and other (2)
98 (98)100 (97)
Total other intangible assets, finite lives$731 $(464)$268 $765 $(447)$318 
Trademarks, indefinite lives (3)
2,295  2,295 2,399 — 2,399 
Total other intangible assets $3,026 $(464)$2,563 $3,164 $(447)$2,717 
(1)Customer relationships have an estimated useful life of 5 to 18 years.
(2)Patents and other intangibles have an estimated useful life of 3 to 43 years.
(3)Includes InSinkErator, Maytag, and JennAir trademarks with carrying values of $1.3 billion, $640 million, and $198 million respectively, at December 31, 2025, and $1.3 billion, $640 million, and $304 million, respectively, at December 31, 2024.
Schedule of Future Estimated Amortization Expense
The following table summarizes our future estimated amortization expense by year:
Millions of dollars 
2026$22 
202722 
202822 
202922 
203021 
v3.25.4
FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
The following table summarizes our long-term debt at December 31, 2025 and 2024:
Millions of dollars20252024
Term Loan - SOFR +125bps, maturing 2025
$ $1,500 
Senior Note - 3.70%, maturing 2025
 350 
Senior Note - 1.25%, maturing 2026(1)
587 516 
Senior Note - 1.10%, maturing 2027(1)
703 619 
Senior Note - 0.50%, maturing 2028(1)
586 516 
Senior Note - 4.75%, maturing 2029
697696 
Senior Note - 6.125%, maturing 2030
600 — 
Senior Note - 2.40%, maturing 2031
300 300 
Senior Note - 4.75%, maturing 2032
298 298 
Senior Note - 5.50%, maturing 2033
300 300 
Senior Note - 6.50%, maturing 2033
600 — 
Senior Note - 5.75%, maturing 2034
299 299 
Senior Note - 5.15%, maturing 2043
249 249 
Senior Note - 4.50%, maturing 2046
497 497 
Senior Note - 4.60%, maturing 2050
493 493 
Other, net(39)(25)
$6,169 $6,608 
Less current maturities586 1,850 
Total long-term debt$5,583 $4,758 
(1)Euro denominated debt reflects impact of currency
Schedule of Contractual Maturities of Long-Term Debt Including Current Maturities
The following table summarizes the contractual maturities of our long-term debt (net of discounts or premiums), including current maturities, at December 31, 2025:
Millions of dollars 
2026$586 
2027702 
2028585 
2029695 
2030592 
Thereafter3,008 
Long-term debt, including current maturities$6,169 
Schedule of Carrying Value of Notes Payable
The following table summarizes the carrying value of notes payable at December 31, 2025 and 2024:
Millions of dollars20252024
Commercial paper$80 $— 
Short-term borrowings due to banks271 18 
Total notes payable$351 $18 
v3.25.4
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Changes in Total Product Warranty Reserves The following table summarizes the changes in total product warranty reserves for the periods presented:
Product Warranty
Millions of dollars20252024
Balance at January$196 $206 
Issuances/accruals during the period218 235 
Settlements made during the period/other(214)(245)
  Liabilities derecognized upon India deconsolidation(49)— 
Balance at December 31$151 $196 
Current portion$130 $136 
Non-current portion20 60 
Total$151 $196 
Schedule of Purchase Obligations
Our expected cash outflows resulting from non-cancellable purchase obligations are summarized by year in the table below.
Millions of dollars 
2026$166 
2027126 
2028101 
202944 
2030
Thereafter37 
Total purchase obligations$481 
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2025
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Schedule of Obligations and Funded Status
Obligations and Funded Status at End of Year
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242025202420252024
Funded status
Fair value of plan assets$1,734 $1,745 $12 $29 $ $— 
Benefit obligations1,764 1,845 58 59 104 110 
Funded status$(30)$(100)$(46)$(30)$(104)$(110)
Amounts recognized in the consolidated balance sheets
Noncurrent asset$23 $— $2 $$ $— 
Current liability(6)(10)(5)(4)(12)(14)
Noncurrent liability(47)(90)(43)(32)(92)(96)
Amount recognized$(30)$(100)$(46)$(30)$(104)$(110)
Amounts recognized in accumulated other comprehensive loss (pre-tax)
Net actuarial loss$1,148 $1,232 $25 $23 $(10)$(7)
Prior service (credit) cost1  — (8)(9)
Amount recognized$1,149 $1,233 $25 $23 $(18)$(16)
Schedule of Changes in Benefit Obligation
Change in Benefit Obligation
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242025202420252024
Benefit obligation, beginning of year$1,845 $2,098 $59 $65 $110 $123 
Service cost2 2  — 
Interest cost97 102 4 7 
Plan participants' contributions —  —  — 
Actuarial (gain) loss 4 (90)7 (6)(7)
Benefits paid(184)(196)(4)(3)(9)(9)
Plan amendments —  —  — 
Acquisitions/divestitures/transfers — (11)—  — 
Other adjustments —  —  — 
Transfer of benefits (71) —  — 
Settlements / curtailment (gain) — (5)(3) — 
Foreign currency exchange rates — 6 (8)2 (4)
Benefit obligation, end of year$1,764 $1,845 $58 $59 $104 $110 
Accumulated benefit obligation, end of year$1,752 $1,835 $54 $53 N/AN/A
Schedule of Changes in Plan Assets
Change in Plan Assets
 United States Pension BenefitsForeign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242025202420252024
Fair value of plan assets, beginning of year$1,745 $1,980 $29 $29 $ $— 
Actual return on plan assets 167 26 4  — 
Employer contribution6 (2)9 
Plan participants' contributions —  —  — 
Benefits paid(184)(196)(4)(3)(9)(9)
Transfer of plan assets (71)(10)—  — 
Other adjustments —  —  — 
Settlements — (5)(3) — 
Foreign currency exchange rates —  (2) — 
Fair value of plan assets, end of year$1,734 $1,745 $12 $29 $ $— 
Schedule of Components of Net Periodic Benefit Cost
Components of Net Periodic Benefit Cost
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242023202520242023202520242023
Service cost$2 $$$2 $$$ $— $— 
Interest cost97 102 115 4 10 26 7 
Expected return on plan assets(119)(146)(140)(2)(7)(22) — — 
Amortization:
Actuarial loss40 39 37 1 (2)(1)(1)
Prior service cost (credit) — —  — — (1)(1)(41)
Curtailment (gain) / loss — —  — —  — — 
Settlement loss — — (2) — — 
Net periodic benefit cost (income)$20 $(3)$14 $3 $$13 $4 $$(35)
Schedule of Net Periodic Cost Recognized in Operating Profit and Interest and Sundry (Income) Expense
The following table summarizes the net periodic cost recognized in operating profit and interest and sundry (income) expense for the years ended December 31, 2025, 2024 and 2023:
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Millions of dollars202520242023202520242023202520242023
Operating (profit) loss$2 $$$2 $$$ $— $— 
Interest and sundry (income) expense18 (5)12 1 10 4 (35)
Net periodic benefit cost (income)$20 $(3)$14 $3 $$13 $4 $$(35)
Schedule of Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Loss
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss) (Pre-Tax) in 2025
Millions of dollarsUnited States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
Current year actuarial loss / (gain)$(44)$1 $(5)
Actuarial (loss) recognized during the year(40)6 2 
Current year prior service cost (credit)   
Prior service credit (cost) recognized during the year  1 
Total recognized in other comprehensive income (loss) (pre-tax)$(84)$7 $(2)
Total recognized in net periodic benefit costs and other comprehensive income (loss) (pre-tax)$(64)$10 $2 
Schedule of Weighted-Average Assumptions Used to Determine Benefit Obligation and Net Periodic Cost
Weighted-Average Assumptions used to Determine Benefit Obligation at End of Year
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
 202520242025202420252024
Discount rate5.35 %5.60 %7.86 %7.93 %6.23 %6.24 %
Rate of compensation increase4.50 %4.50 %4.26 %5.07 %N/AN/A
Interest crediting rate for cash balance plans4.10 %4.35 %3.00 %3.00 %N/AN/A
Weighted-Average Assumptions used to Determine Net Periodic Cost
 United States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement
Benefits
 202520242023202520242023202520242023
Discount rate5.60%5.15%5.55%7.93%4.44%4.72%6.77%6.00%6.36%
Expected long-term rate of return on plan assets6.00%6.50%6.00%6.10%6.03%5.33%N/AN/AN/A
Rate of compensation increase4.50%4.50%4.50%5.07%3.58%3.52%N/AN/AN/A
Interest crediting rate for cash balance plans4.35%3.90%4.30%3.00%2.81%2.85%N/AN/AN/A
Schedule of Expected Employer Contributions to Funded Plans
Expected Employer Contributions to Funded Plans
Millions of dollarsUnited States
Pension Benefits
Foreign
Pension Benefits
2026$— $— 
Schedule of Expected Benefit Payments
Expected Benefit Payments
Millions of dollarsUnited States
Pension Benefits
Foreign
Pension Benefits
Other Postretirement Benefits
2026$215 $$12 
2027183 11 
2028176 10 
2029168 
2030161 
2031-2035$688 $30 $40 
Schedule of Fair Value of Pension Plan Assets by Asset Category
The fair values of our pension plan assets at December 31, 2025 and 2024, by asset category were as follows:
December 31,
Quoted prices
(Level 1)
Other significant
observable inputs
(Level 2)
Significant
unobservable inputs
(Level 3)
Net Asset ValueTotal
Millions of dollars2025202420252024202520242025202420252024
Cash and cash equivalents$ $— $143 $146 $ $— $ $— $143 $146 
Government and government agency securities (1)
U.S. securities — 124 57  —  — 124 57 
International securities — 32 43  —  — 32 43 
Corporate bonds and notes (1)
U.S. companies — 566 909  —  — 566 909 
International companies — 73 105  —  — 73 105 
Equity securities (2)
International companies6  —  —  — 6 
Mutual funds (3)
 — 104 100  —  — 104 100 
Investments at net asset value
U.S. equity securities (4)
 —  —  — 538 234 538 234 
International equity securities (4)
 —  —  — 133 128 133 128 
U.S. private equity investments —  — 4  — 4 
Emerging growth —  —  —  —  — 
All other investments1 — 22 41  —  — 23 41 
$7 $$1,064 $1,401 $4 $$671 $362 $1,746 $1,773 
(1)Valued using pricing vendors who use proprietary models to estimate the price a dealer would pay to buy a security using significant observable inputs, such as interest rates, yield curves, and credit risk.
(2)Valued using the closing stock price on a national securities exchange, which reflects the last reported sales price on the last business day of the year.
(3)Valued using the NAV of the fund, which is based on the fair value of underlying securities. The fund primarily invests in a diversified portfolio of equity securities, fixed income debt securities and real estate issued by non-U.S. companies.
(4)Common and collective trust funds valued using the NAV of the fund, which is based on the fair value of underlying securities.
Schedule of Fair Value Measurements Using Significant Unobservable Inputs
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Millions of dollarsLimited
Partnerships
Balance, December 31, 2024
$
Realized gain / (loss) (net) 
Unrealized gain / (loss) (net) 
Purchases 
Settlements(2)
Balance, December 31, 2025
$4 
Schedule of Projected Benefit Obligation in Excess of Plan Assets
The projected benefit obligation and fair value of plan assets for pension plans with a projected benefit obligation in excess of plan assets at December 31, 2025 and 2024 were as follows:
 United States
Pension Benefits
Foreign
Pension Benefits
Millions of dollars
2025(1)
202420252024
Projected benefit obligation$53 $1,845 $48 $37 
Fair value of plan assets$ $1,745 $ $— 
(1)The decrease in projected benefit obligation and fair value of plan assets for pension plans with a projected benefit obligation in excess of plan assets is primarily due to actuarial gain that occurred in 2025.
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with an accumulated benefit obligation in excess of plan assets at December 31, 2025 and 2024 were as follows:
 United States
Pension Benefits
Foreign
Pension Benefits
Millions of dollars 
2025(1)
202420252024
Projected benefit obligation$53 $1,845 $48 $37 
Accumulated benefit obligation41 1,835 44 35 
Fair value of plan assets$ $1,745 $ $— 
(1)The decrease in projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with a projected benefit obligation in excess of plan assets is primarily due to actuarial gain that occurred in 2025.
v3.25.4
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Derivative Contracts
The following table summarizes our outstanding derivative contracts and their effects on our Consolidated Balance Sheets at December 31, 2025 and 2024. Hedge assets and liabilities of our European major domestic appliance business were classified as held for sale through closing of the European major domestic appliance transaction on April 1, 2024 and are excluded from the table below.
  Fair Value ofType of
Hedge
 
Notional AmountHedge AssetsHedge LiabilitiesMaximum Term (Months)
Millions of dollars20252024202520242025202420252024
Derivatives accounted for as hedges(1)
Commodity swaps/options$247 $204 $27 $$6 $(CF)2424
Foreign exchange forwards/options675 967 3 52 25 (CF/NI)1515
Cross-currency swaps(2)
618 618 4 107 47 (CF)3850
Interest rate derivatives —  —  — (CF)00
Total derivatives accounted for as hedges$34 $63 $138 $58 
Derivatives not accounted for as hedges
Commodity swaps/options$ $— $ $— $ $— N/A00
Foreign exchange forwards/options(3)
1,266 473 2 8 N/A712
Total derivatives not accounted for as hedges$2 $$8 $
Total derivatives$36 $68 $146 $59 
Current$28 $65 $38 $11 
Noncurrent8 108 48 
Total derivatives$36 $68 $146 $59 
(1)Derivatives accounted for as hedges are considered cash flow (CF) hedges.
(2)Change in cross-currency swaps is primarily driven by the currency change in the Euro year-over-year.
(3)Change in foreign exchange forwards/options is primarily driven by proactive actions taken to manage our short-term currency risk.
Schedule of Effects of Derivative Instruments on Consolidated Statements of Income (Loss) and Consolidated Statements of Comprehensive Income (Loss)
The following tables summarize the effects of derivative instruments on our Consolidated Statements of Income (Loss) and Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2025 and 2024:
Gain (Loss)
Recognized in OCI
(Effective Portion)(4)
 Millions of dollars20252024
Cash flow hedges
     Commodity swaps/options$19 $
     Foreign exchange forwards/options(6)
(75)96 
     Cross-currency swaps(6)
(61)34 
$(117)$133 
Location of Gain (Loss) Reclassified from
OCI into Earnings
(Effective Portion)
Gain (Loss) Reclassified from
OCI into Earnings
(Effective Portion)(4)(5)
Cash Flow Hedges - Millions of dollars20252024
Commodity swaps/options Cost of products sold$(2)$
Foreign exchange forwards/optionsNet sales1 
Foreign exchange forwards/optionsCost of products sold(6)(5)
Foreign exchange forwards/optionsInterest and sundry (income) expense13 
Cross-currency swaps(6)
Interest and sundry (income) expense(83)46 
Interest rate derivatives(7)
Interest expense31 
$(46)$52 
Location of Gain (Loss) Recognized on Derivatives not
Accounted for as Hedges
Gain (Loss) Recognized on Derivatives not
Accounted for as Hedges
Derivatives not Accounted for as Hedges - Millions of dollars20252024
Foreign exchange forwards/optionsInterest and sundry (income) expense$(42)$28 
(4)Change in gain (loss) recognized in OCI (effective portion) is primarily driven by increases in commodity prices and fluctuations in currency and interest rates. The tax impact of the cash flow hedges was $23 million and $(26) million in 2025 and 2024, respectively.
(5)Change in gain (loss) reclassified from OCI into earnings (effective portion) was primarily driven by fluctuations in currency and commodity prices and interest rates compared to prior year.
(6)Change in foreign exchange forwards/options and cross-currency swaps is primarily driven by the currency change in the Euro year-over-year.
(7)The OCI release on the interest rate derivative was driven by an assessment in the period which determined that the forecasted debt transaction was determined to be not probable of occurring.
v3.25.4
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
Assets and liabilities measured at fair value on a recurring basis at December 31, 2025 and 2024 are as follows:
Total Cost BasisQuoted Prices In
Active Markets for
Identical Assets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Total Fair Value
Millions of dollars20252024202520242025202420252024
Short-term investments (1)
$441 $1,000 $435 $705 $6 $295 $441 $1,000 
Net derivative contracts —  — (111)(111)
(1)Short-term investments are primarily comprised of money market funds and highly liquid, low risk investments with initial maturities less than 90 days.
v3.25.4
STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
Stockholders' Equity Note [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The following table shows the components of accumulated other comprehensive income (loss) available to Whirlpool at December 31, 2023, 2024, and 2025, and the activity for the years then ended:
Millions of dollarsForeign
Currency
Derivative
Instruments
Pension and
Postretirement
Liability
Total
December 31, 2022$(1,275)$58 $(873)$(2,090)
Unrealized gain (loss)22 (64)— (42)
Unrealized actuarial gain(loss) and prior service credit (cost)— — (99)(99)
Tax effect— 17 36 53 
Other comprehensive income (loss), net of tax22 (47)(63)(88)
Less: Other comprehensive loss available to noncontrolling interests— — — — 
Other comprehensive income (loss) available to Whirlpool22 (47)(63)(88)
December 31, 2023$(1,253)$11 $(936)$(2,178)
Unrealized gain (loss)(30)83 (9)44 
Unrealized actuarial gain (loss) and prior service credit (cost)— — 39 39 
Tax effect— (25)(20)(45)
Other comprehensive income (loss), net of tax(30)57 10 37 
Less: Other comprehensive loss available to noncontrolling interests(1)— — (1)
Other comprehensive income (loss) available to Whirlpool(29)57 10 38 
Sale of minority interest in subsidiary18 — — 18 
Divestitures442 — 135 577 
December 31, 2024$(822)$68 $(791)$(1,545)
Unrealized gain (loss)(288)(71)48 (310)
Unrealized actuarial gain (loss) and prior service credit (cost)  31 31 
Tax effect 25 (14)11 
Other comprehensive income (loss), net of tax(288)(45)65 (268)
Less: Other comprehensive loss available to noncontrolling interests    
Other comprehensive income (loss) available to Whirlpool(288)(45)65 (268)
Divestitures186  3 189 
December 31, 2025$(924)$23 $(723)$(1,624)
Schedule of Basic and Diluted Net Earnings Per Share Basic and diluted net earnings per share of common stock were calculated as follows:
Millions of dollars and shares202520242023
Numerator for basic and diluted earnings per share – net earnings (loss) available to Whirlpool$318 $(323)$481 
Denominator for basic earnings per share – weighted-average shares56.0 55.1 55.0 
Effect of dilutive securities – stock-based compensation0.2 — 0.2 
Denominator for diluted earnings per share – adjusted weighted-average shares56.2 55.1 55.2 
Anti-dilutive stock options/awards excluded from earnings per share1.2 1.2 1.2 
v3.25.4
SHARE-BASED INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Weighted Average Assumptions Based on the results of the model, the weighted-average grant date fair value of stock options granted for 2024 and 2023 were $24.05 and $37.55, respectively, using the following assumptions: 
Weighted Average Black-Scholes Assumptions202520242023
Risk-free interest rate4.3 %4.3 %4.0 %
Expected volatility42.4 %40.4 %39.8 %
Expected dividend yield7.0 %6.7 %5.0 %
Expected option life, in years555
Schedule of Stock Option Activity
The following table summarizes stock option activity during 2025:
In thousands, except per share dataNumber
of Options
Weighted-
Average
Exercise Price
Outstanding at January 11,198 $153.09 
Granted  
Exercised(4)79.56 
Canceled or expired(113)179.93 
Outstanding at December 311,081 $150.54 
Exercisable at December 31827 $161.02 
Schedule of Additional Information Related to Stock Options Outstanding
The table below summarizes additional information related to stock options outstanding at December 31, 2025:
Options in thousands / dollars in millions, except per-share dataOutstanding Net of
Expected Forfeitures
Options
Exercisable
Number of options1,071 827 
Weighted-average exercise price per share$150.91 $161.02 
Aggregate intrinsic value$ $ 
Weighted-average remaining contractual term, in years55
Schedule of Stock Unit Activity
The following table summarizes stock unit activity during 2025:
Stock units in thousands, except per-share dataNumber of
Stock Units
Weighted- Average
Grant Date Fair
Value
Non-vested, at January 1993 $116.92 
Granted585 81.72 
Canceled(105)104.47 
Vested and transferred to unrestricted(199)134.80 
Non-vested, at December 311,274 $93.66 
v3.25.4
RESTRUCTURING CHARGES (Tables)
12 Months Ended
Dec. 31, 2025
Restructuring Charges [Abstract]  
Schedule of Changes to Restructuring Liability
The following tables summarize the changes to our restructuring liability during the twelve months ended December 31, 2025:
Millions of Dollars
December 31, 2024
Charge to EarningsCash PaidNon-Cash and Other
December 31, 2025
Employee Termination$$22 $(20)$ $5 
Asset Impairment— 38  (36)2 
Facility exit costs—     
Other exit costs3 (4)(1) 
Total$$63 $(24)$(37)$7 
Schedule of Restructuring Charges by Operating Segment
The following table summarizes restructuring charges by operating segment for 2025 and 2024:
Millions of dollars
2025 Charges
2024 Charges
MDA North America34 31 
MDA Latin America25 23 
SDA Global1 
Corporate / Other3 20 
Total$63 $79 
v3.25.4
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Income Before Income Tax, Domestic and Foreign
The following table(s) summarizes the difference between an income tax expense/(benefit) at the United States statutory rate of 21% and the income tax expense/(benefit) at effective worldwide tax rates for the respective periods:
Millions of dollars202520242023
Earnings (loss) before income taxes
United States$(53)$(294)$
Foreign569 107 584 
Earnings (loss) before income taxes$516 $(188)$593 
Schedule of Effective Income Tax Rate Reconciliation
We adopted ASU 2023-09, Improvements To Income Tax Disclosures, on a prospective basis beginning with the year ended December 31, 2025. The following table reconciles the United States statutory tax amount and rate of 21% to our worldwide tax expense (benefit) and rate for the year ended December 31, 2025.

2025
Millions of dollarsAmountPercent
U.S. federal statutory tax rate$108 21.00 %
State and local income taxes, net of federal income tax effect(1)
59 11.43 %
Foreign tax effects
Argentina
Foreign tax rate differential(8)(1.55)%
Valuation allowance21 4.07 %
Brazil
Foreign tax rate differential26 5.04 %
Non-Taxable VAT Reimbursement(27)(5.23)%
Canada
Foreign accrual property income (FAPI)7 1.36 %
Withholding Tax16 3.10 %
Other(1)(0.19)%
Luxembourg
Nondeductible Interest5 0.97 %
Other5 0.97 %
Mauritius
Divestiture tax impact(39)(7.56)%
Foreign tax rate differential(16)(3.10)%
Mexico
Annual corporate inflation adjustment(8)(1.55)%
Foreign currency impacts(20)(3.88)%
Foreign tax rate differential12 2.33 %
Other1 0.19 %
Netherlands
Nondeductible Interest8 1.55 %
Other(2)(0.39)%
Other foreign jurisdictions21 4.07 %
    
2025
Millions of dollarsAmountPercent
Effect of cross-border tax laws
Foreign branch income53 10.27 %
Other(4)(0.78)%
Changes in valuation allowances19 3.68 %
Tax credits
R&D tax credits(21)(4.07)%
Nontaxable or nondeductible items8 1.55 %
Changes in unrecognizable tax benefits(131)(25.39)%
Other adjustments
Legal Entity restructuring tax impact48 9.30 %
Other2 0.32 %
Effective income tax rate$142 27.52 %
(1) The states that contribute to the majority (greater than 50%) of the tax effect in this category includes Pennsylvania, California, & New Jersey for 2025.
The reconciliation of taxes at the United States statutory tax rate of 21% to our worldwide tax expense (benefit) for the years ended December 31, 2024 and 2023 in accordance with the guidance prior to the adoption of ASU 2023-09 was as follows:
Millions of dollars20242023
Income tax (benefit) expense computed at United States statutory rate$(39)$125 
U.S. government tax incentives(19)(20)
Foreign government tax incentives, including BEFIEX(31)(30)
Foreign tax rate differential26 41 
U.S. foreign tax credits(65)(43)
Valuation allowances395 78 
State and local taxes, net of federal tax benefit(56)(43)
Foreign withholding taxes16 13 
U.S. tax on foreign dividends and subpart F income(57)36 
Settlement of global tax audits32 43 
Changes in enacted tax rates10 
Nondeductible loss on sale56 
Nondeductible fines and penalties— 18 
Legal entity debt restructuring(3)— 
Divestiture tax impact239 — 
Legal entity restructuring tax impact(721)(170)
Expiration/Forfeiture of net operating losses143 
Foreign currency impacts33 (23)
Non-deductible expenses46 31 
Other items, net10 
Income tax computed at effective worldwide tax rates$10 $77 
Schedule of Income Tax (Benefit) Provision
The following table summarizes our income tax (benefit) provision for 2025, 2024 and 2023:
 202520242023
Millions of dollarsCurrentDeferredCurrentDeferredCurrentDeferred
United States$(91)$43 $(6)$(437)$(27)$(212)
Foreign103 12 184 393 197 155 
State and local(1)76 (133)(3)(33)
$11 $131 $187 $(177)$167 $(90)
Total income tax expense$142 $10 $77 
Schedule of Amount of Income Taxes Paid (Refunded)
The amounts of cash taxes paid by (refunded to) Whirlpool are as follows:
Millions of dollars2025
Federal$(1)
State(9)
Foreign
Brazil28 
Canada13 
India11 
Mexico77 
All other foreign17 
Total Income taxes, net of amounts refunded$136 
Schedule of Significant Components of Deferred Tax Liabilities and Assets The following table summarizes the significant components of our deferred tax liabilities and assets at December 31, 2025 and 2024:
Millions of dollars20252024
Deferred tax liabilities
Intangibles$252 $249 
Property, net124 126 
Right of use assets171 171 
Other14 59 
Total deferred tax liabilities$561 $605 
Deferred tax assets
U.S. general business credit carryforwards, including Energy Tax Credits$428 $363 
Lease liabilities181 179 
Pensions25 33 
Loss carryforwards884 911 
Postretirement obligations26 28 
Foreign tax credit carryforwards221 151 
Research and development capitalization361 367 
Employee payroll and benefits31 53 
Accrued expenses96 82 
Product warranty accrual40 41 
Receivable and inventory allowances48 41 
Disallowed business interest carryforwards182 164 
Outside basis differences182 339 
Other128 153 
Total deferred tax assets$2,833 $2,905 
Valuation allowances for deferred tax assets(960)(885)
Deferred tax assets, net of valuation allowances$1,873 $2,020 
Net deferred tax assets$1,312 $1,415 
Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits
The following table represents a reconciliation of the beginning and ending amount of unrecognized tax benefits that if recognized would impact the effective tax rate, excluding federal benefits of state and local tax positions, and interest and penalties:
Millions of dollars202520242023
Balance, January 1$349 $380 $589 
Additions for tax positions of the current year8 10 13 
Additions for tax positions of prior years8 14 22 
Reductions for tax positions of prior years(2)(52)(56)
Settlements during the period (1)
(251)(3)(188)
Lapses of applicable statute of limitation — — 
Balance, December 31$112 $349 $380 
(1) During the fourth quarter of both 2023 and 2025, the Company resolved a number of disputed tax positions with the U.S. and other tax authorities. The Company had previously recorded reserves for the risk associated with these tax positions, and the settlement of these matters resulted in a reduction in the Company's unrecognized tax benefits, which is shown in the table above.
v3.25.4
SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Information
The table below summarizes performance by operating segment for the periods presented:
 OPERATING SEGMENTS

Millions of dollars
MDA North
America
MDA Latin America
MDA Europe (1)
SDA GlobalOtherEliminationsTotal
Whirlpool
Net sales
2025$10,158 $3,272 $ $1,108 $986 $ $15,524 
202410,236 3,498 804 1,013 1,056 — 16,607 
202310,761 3,352 3,403 970 969 — 19,455 
Cost of Products Sold
2025$8,815 $2,812 $ $700 $811 $ $13,138 
20248,784 2,966 726 659 891 — 14,026 
20238,927 2,853 3,053 640 812 — 16,285 
Other segment expenses/(income)
2025$845 $259 $ $231 $228 $ $1,563 
2024787 287 87 209 1,148 — 2,518 
2023826 312 325 191 600 — 2,254 
EBIT
2025$499 $201 $ $177 $(53)$ $824 
2024665 245 (9)145 (983)— 63 
20231,008 187 25 139 (443)— 916 
Intersegment sales
2025$109 $1,305 $ $1 $39 $(1,455)$ 
2024117 1,224 23 13 43 (1,420)— 
2023210 1,530 81 — 43 (1,864)— 
Total assets
2025$9,994 $3,962 $ $1,248 $8,474 $(7,677)$16,001 
20249,693 3,813 — 1,087 9,013 (7,305)16,301 
202310,216 4,037 685 1,134 17,165 (15,925)17,312 
Capital expenditures
2025$184 $156 $ $18 $31 $ $389 
2024178 181 22 14 56 — 451 
2023216 133 104 16 80 — 549 
Depreciation and amortization
2025$189 $62 $ $18 $69 $ $338 
2024175 63 — 17 78 — 333 
2023200 66 — 13 82 — 361 
(1) MDA Europe consisted of our European major domestic appliance business which was contributed to Beko Europe as of April 1, 2024. See Note 16 to the Consolidated Financial Statements for additional information on the transaction.
The following table summarizes the reconciling items in the Other column for total EBIT for the periods presented:
Twelve Months Ended December 31,
in millions202520242023
Items not allocated to segments:
Restructuring charges$(63)$(79)$(16)
(Loss) gain on sale and disposal of businesses280 (264)(106)
Impairment of goodwill and other intangibles(106)(381)— 
Equity method investment income (loss)(34)(107)(28)
Legacy EMEA legal matters(2)(94)
MDA Asia50 41 22 
Corporate expenses and other(179)(195)(221)
Total other$(53)$(983)$(443)
A reconciliation of our segment information for total EBIT to the corresponding amounts in the Consolidated Statements of Income (Loss) is shown in the table below for the periods presented:
Twelve Months Ended December 31,
in millions202520242023
Operating profit$838 $143 $1,015 
Interest and sundry (income) expense(20)(27)71 
Equity method investment income (loss), net of tax(34)(107)(28)
Total EBIT$824 $63 $916 
Interest expense341 358 351 
Income tax expense142 10 77 
Net earnings (loss)$341 $(305)$488 
Less: Net earnings (loss) available to noncontrolling interests23 18 
Net earnings (loss) available to Whirlpool$318 $(323)$481 
Schedule of Long-Lived Assets by Geographic Areas
The following table summarizes the countries that represent at least 10% of consolidated long-lived assets for the years ended December 31, 2025 and 2024. Long-lived assets includes property, plant and equipment and right-of-use assets at December 31, 2025 and 2024.
Millions of dollarsUnited StatesMexicoAll Other CountriesTotal
2025
Long-lived assets$2,059$555$376$2,990

Millions of dollarsUnited StatesMexicoAll Other CountriesTotal
2024
Long-lived assets$1,986$522$607$3,115
v3.25.4
ACQUISITIONS AND DIVESTITURES (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Carrying Amounts of Major Classes of India’s Assets and Liabilities and Earnings (Loss) Available Before Income Taxes
The carrying amounts of the major classes of Whirlpool India’s assets and liabilities as of December 31, 2024 include the following:
Millions of dollarsDecember
2024
Cash and cash equivalents$292 
Accounts receivable, net of allowance of $2
42 
Inventories126 
Prepaid and other current assets33 
Property, net of accumulated depreciation of $162
88 
Other noncurrent assets70 
     Total assets$651 
Accounts payable$118 
Accrued expenses83 
Other current liabilities24 
Other noncurrent liabilities70 
     Total liabilities$295 
Earnings before income taxes prior to the share transfer of Whirlpool India are as follows for the periods presented:
Twelve Months Ended December 31,
in millions202520242023
Earnings (loss) before income taxes$40$30$8
The following table summarizes the European major appliances business' earnings (loss) available to Whirlpool before income taxes for the twelve months ended December 31, 2025, 2024 and 2023, respectively:
Twelve Months Ended December 31,
in millions202520242023
Earnings (loss) before income taxes$—$(9)$28
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2025
USD ($)
country
Dec. 31, 2025
USD ($)
reportingUnit
country
segment
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 01, 2025
USD ($)
Nov. 30, 2025
Nov. 28, 2025
Nov. 27, 2025
USD ($)
Nov. 26, 2025
Oct. 30, 2024
Apr. 01, 2024
USD ($)
Feb. 20, 2024
Feb. 19, 2024
Jan. 16, 2023
Dec. 20, 2022
USD ($)
Restricted Cash and Cash Equivalent Item [Line Items]                              
Number operating countries | country 4 4                          
Number of operating segments | segment   3                          
Unfunded commitments $ 0 $ 0                          
Depreciation   312,000,000 $ 302,000,000 $ 321,000,000                      
Net book value of disposals   28,000,000 7,000,000                        
Net gain (loss) on disposals   0 0 0                      
Impairment of long-lived assets   38,000,000 0 0                      
Capitalized software costs, net of accumulated depreciation $ 167,000,000 167,000,000 141,000,000                        
Capitalized computer software, depreciation expense   5,000,000 5,000,000 3,000,000                      
Capitalized computer software, impairments   $ 0 $ 0 0                      
Number of reporting units | reportingUnit   4                          
Supplier finance program, obligation [Extensible Enumeration] Accounts payable Accounts payable Accounts payable                        
Research and development expense   $ 370,000,000 $ 405,000,000 473,000,000                      
Advertising expense   $ 276,000,000 264,000,000 $ 392,000,000                      
Whirlpool India                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Subsidiary, ownership percentage       75.00%   40.00% 40.00%   51.00% 51.00%   51.00% 75.00%    
Software and Software Development Costs                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Intangible asset, useful life (in years) 5 years 5 years                          
Beko Europe B.V.                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Equity method investments $ 19,000,000 $ 19,000,000 $ 74,000,000                       $ 139,000,000
Equity interest percentage 25.00% 25.00% 25.00%                     25.00%  
Whirlpool China                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Equity method investments $ 196,000,000 $ 196,000,000 $ 191,000,000                        
Equity method investment, quoted market value $ 209,000,000 $ 209,000,000                          
Equity interest percentage 20.00% 20.00% 20.00%                        
Whirlpool India                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Remeasured fair value of equity interest $ 504,000,000 $ 504,000,000                          
Equity method investments $ 599,000,000 $ 599,000,000                          
Equity interest percentage 40.00% 40.00%                          
Significant unobservable inputs (Level 3)                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Fair value liabilities $ 0 $ 0 $ 0                        
Significant unobservable inputs (Level 3) | Beko Europe B.V.                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Remeasured fair value of equity interest                     $ 186,000,000        
Quoted Prices In Active Markets for Identical Assets (Level 1) | Whirlpool India                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Remeasured fair value of equity interest               $ 599,000,000              
Equity method investment, quoted market value         $ 599,000,000                    
Accounts Receivable                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Outstanding receivables transferred under arrangements, continued services 233,000,000 233,000,000 183,000,000                        
Cash proceeds from sale of transferred receivables 646,000,000 646,000,000 $ 574,000,000                        
JennAir | Trademarks                              
Restricted Cash and Cash Equivalent Item [Line Items]                              
Impairment charges $ 106,000,000 $ 106,000,000                          
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES - Schedule of Property (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Property, Plant and Equipment [Line Items]    
Accumulated depreciation $ (5,547) $ (5,414)
Property plant and equipment, net 2,194 2,275
Land    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 26 36
Buildings    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 1,024 981
Buildings | Minimum    
Property, Plant and Equipment [Line Items]    
Estimated Useful Life (in years) 10 years  
Buildings | Maximum    
Property, Plant and Equipment [Line Items]    
Estimated Useful Life (in years) 50 years  
Machinery and equipment    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 6,691 $ 6,673
Machinery and equipment | Minimum    
Property, Plant and Equipment [Line Items]    
Estimated Useful Life (in years) 3 years  
Machinery and equipment | Maximum    
Property, Plant and Equipment [Line Items]    
Estimated Useful Life (in years) 20 years  
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES - Schedule of Supplier Finance Program (Details)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
Supplier Finance Program Obligation Roll Forward [Abstract]  
Confirmed obligations outstanding as of December 31, 2024 $ 794
Invoices confirmed during the period 2,327
Confirmed invoices paid during the period (2,394)
Impact of foreign currency 37
Confirmed obligations outstanding as of December 31, 2025 $ 763
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES - Schedule of Equity Method Investees (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Jan. 16, 2023
Dec. 20, 2022
Beko Europe B.V.        
Schedule of Equity Method Investments [Line Items]        
Percentage Ownership 25.00% 25.00% 25.00%  
Carrying Amount $ 19 $ 74   $ 139
Whirlpool China        
Schedule of Equity Method Investments [Line Items]        
Percentage Ownership 20.00% 20.00%    
Carrying Amount $ 196 $ 191    
Whirlpool India        
Schedule of Equity Method Investments [Line Items]        
Percentage Ownership 40.00%      
Carrying Amount $ 599      
v3.25.4
SIGNIFICANT ACCOUNTING POLICIES - Schedule of Equity Method Investments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Schedule of Equity Method Investments [Line Items]    
Accounts payable $ 3,704 $ 3,530
Equity Method Investment, Nonconsolidated Investee or Group of Investees    
Schedule of Equity Method Investments [Line Items]    
Accounts payable 198 101
Purchases $ 363 $ 261
v3.25.4
REVENUE RECOGNITION - Narrative (Details)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]      
Performance obligation in previous period (as percent) 1.00% 1.00% 1.00%
v3.25.4
REVENUE RECOGNITION - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disaggregation of Revenue [Line Items]      
Total net sales $ 15,524 $ 16,607 $ 19,455
Total major product category net sales      
Disaggregation of Revenue [Line Items]      
Total net sales 14,028 14,897 17,577
Laundry      
Disaggregation of Revenue [Line Items]      
Total net sales 4,376 4,585 5,333
Refrigeration      
Disaggregation of Revenue [Line Items]      
Total net sales 4,790 5,097 5,794
Cooking      
Disaggregation of Revenue [Line Items]      
Total net sales 3,687 3,939 4,721
Dishwashing      
Disaggregation of Revenue [Line Items]      
Total net sales 1,175 1,276 1,729
Spare parts and warranties      
Disaggregation of Revenue [Line Items]      
Total net sales 550 649 953
Other      
Disaggregation of Revenue [Line Items]      
Total net sales $ 946 $ 1,062 $ 925
v3.25.4
REVENUE RECOGNITION - Schedule of Allowance for Doubtful Accounts by Operating Segment (Details)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
Accounts receivable allowance  
Balance at beginning of period $ 46
Charged to Earnings 10
Write-offs (2)
Foreign Currency 4
Other (2)
Balance at end of period 56
Financing receivable allowance  
Balance at beginning of period 69
Charged to Earnings 10
Write-offs (2)
Foreign Currency 7
Other (2)
Balance at end of period 82
Other  
Accounts receivable allowance  
Balance at beginning of period 3
Charged to Earnings 1
Write-offs 0
Foreign Currency 0
Other (2)
Balance at end of period 2
MDA North America | Operating Segments  
Accounts receivable allowance  
Balance at beginning of period 8
Charged to Earnings 6
Write-offs (2)
Foreign Currency 0
Other 0
Balance at end of period 12
MDA Latin America  
Financing receivable allowance  
Balance at beginning of period 23
Charged to Earnings 0
Write-offs 0
Foreign Currency 3
Other 0
Balance at end of period 26
MDA Latin America | Operating Segments  
Accounts receivable allowance  
Balance at beginning of period 33
Charged to Earnings 2
Write-offs 0
Foreign Currency 4
Other 0
Balance at end of period 39
SDA Global | Operating Segments  
Accounts receivable allowance  
Balance at beginning of period 2
Charged to Earnings 1
Write-offs 0
Foreign Currency 0
Other 0
Balance at end of period $ 3
v3.25.4
LEASES - Narrative (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2025
USD ($)
option
Dec. 31, 2025
USD ($)
option
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Leases [Abstract]        
Operating lease cost   $ 224,000,000 $ 216,000,000 $ 235,000,000
Financing lease commitments $ 0 0 0  
Non-cancellable operating lease commitments 999,000,000 999,000,000 1,000,000,000  
Long-term portion of lease liabilities $ 669,000,000 $ 669,000,000 $ 711,000,000  
Weighted average remaining lease term for operating lease (in years) 6 years 6 years 6 years  
Weighted average discount rate for operating lease (as percent) 6.00% 6.00% 6.00%  
Operating cash flow payments   $ 226,000,000 $ 206,000,000  
Right-of-use asset obtained in exchange for operating lease liability   127,000,000 268,000,000  
Sale leaseback, net proceeds $ 35,000,000   0 $ 0
Initial total annual rent $ 3,000,000 $ 3,000,000    
Initial lease term (in years) 15 years      
Lease renewal options | option 4 4    
Lease renewal term (in years) 5 years      
Sale leaseback, gain   $ 13,000,000    
Sale leaseback, right-of-use assets and lease liabilities $ 31,000,000 31,000,000    
Residual value guarantees $ 504,000,000 $ 504,000,000    
Residual value of lease arrangements     $ 405,000,000  
v3.25.4
LEASES - Schedule of Undiscounted Annual Future Minimum Lease Payments (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Maturity of Lease Liabilities    
2026 $ 214  
2027 192  
2028 158  
2029 132  
2030 105  
Thereafter 197  
Total lease payments 999 $ 1,000
Less: interest 164  
Present value of lease liabilities $ 836  
v3.25.4
INVENTORIES (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Inventory, Net [Abstract]    
Finished products $ 1,750 $ 1,463
Raw materials and work in process 557 572
Total inventories $ 2,307 $ 2,035
v3.25.4
GOODWILL AND OTHER INTANGIBLES - Schedule of Goodwill Attributable to Reporting Units (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Goodwill [Roll Forward]    
Goodwill, beginning balance $ 3,322 $ 3,330
Currency translation adjustment (2) (8)
Divestitures (217)  
Goodwill, ending balance 3,103 3,322
MDA North America    
Goodwill [Roll Forward]    
Goodwill, beginning balance 2,415 2,419
Currency translation adjustment 3 (4)
Divestitures 0  
Goodwill, ending balance 2,418 2,415
MDA Latin America    
Goodwill [Roll Forward]    
Goodwill, beginning balance 30 31
Currency translation adjustment (1) (1)
Divestitures 0  
Goodwill, ending balance 29 30
Other    
Goodwill [Roll Forward]    
Goodwill, beginning balance 245 248
Currency translation adjustment (4) (3)
Divestitures (217)  
Goodwill, ending balance 24 245
SDA Global    
Goodwill [Roll Forward]    
Goodwill, beginning balance 632 632
Currency translation adjustment 0 0
Divestitures 0  
Goodwill, ending balance $ 632 $ 632
v3.25.4
GOODWILL AND OTHER INTANGIBLES - Schedule of Other Intangible Assets (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]    
Other intangible assets, finite lives, Gross Carrying Amount $ 731 $ 765
Other intangible assets, finite lives, Accumulated Amortization (464) (447)
Other intangible assets, finite lives, Net 268 318
Trademarks, indefinite lives, Gross Carrying Amount 2,295 2,399
Trademarks, indefinite lives, Accumulated Amortization 0 0
Trademarks, indefinite lives, Net 2,295 2,399
Total other intangible assets, Gross Carrying Amount 3,026 3,164
Total other intangible assets, Accumulated Amortization (464) (447)
Total other intangible assets, Net 2,563 2,717
In Sink Erator | Trademarks    
Finite-Lived Intangible Assets [Line Items]    
Trademarks, indefinite lives, Gross Carrying Amount 1,300 1,300
Maytag | Trademarks    
Finite-Lived Intangible Assets [Line Items]    
Trademarks, indefinite lives, Gross Carrying Amount 640 640
JennAir | Trademarks    
Finite-Lived Intangible Assets [Line Items]    
Trademarks, indefinite lives, Gross Carrying Amount 198 304
Customer relationships    
Finite-Lived Intangible Assets [Line Items]    
Other intangible assets, finite lives, Gross Carrying Amount 633 665
Other intangible assets, finite lives, Accumulated Amortization (366) (349)
Other intangible assets, finite lives, Net $ 268 316
Customer relationships | Minimum    
Finite-Lived Intangible Assets [Line Items]    
Intangible asset, estimated useful life (in years) 5 years  
Customer relationships | Maximum    
Finite-Lived Intangible Assets [Line Items]    
Intangible asset, estimated useful life (in years) 18 years  
Patents and other    
Finite-Lived Intangible Assets [Line Items]    
Other intangible assets, finite lives, Gross Carrying Amount $ 98 100
Other intangible assets, finite lives, Accumulated Amortization (98) (97)
Other intangible assets, finite lives, Net $ 0 $ 3
Patents and other | Minimum    
Finite-Lived Intangible Assets [Line Items]    
Intangible asset, estimated useful life (in years) 3 years  
Patents and other | Maximum    
Finite-Lived Intangible Assets [Line Items]    
Intangible asset, estimated useful life (in years) 43 years  
v3.25.4
GOODWILL AND OTHER INTANGIBLES - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Goodwill [Line Items]          
Amortization expense     $ 26 $ 31 $ 40
JennAir | Trademarks          
Goodwill [Line Items]          
Impairment charges $ 106   $ 106    
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration] Impairment of goodwill and other intangibles        
Maytag | Trademarks          
Goodwill [Line Items]          
Impairment charges   $ 381      
v3.25.4
GOODWILL AND OTHER INTANGIBLES - Schedule of Future Estimated Amortization Expense (Details)
$ in Millions
Dec. 31, 2025
USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]  
2026 $ 22
2027 22
2028 22
2029 22
2030 $ 21
v3.25.4
FINANCING ARRANGEMENTS - Schedule of Long-Term Debt (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Other, net $ (39) $ (25)
Long-term debt, including current maturities 6,169 6,608
Less current maturities 586 1,850
Total long-term debt $ 5,583 4,758
Term Loan - SOFR +125bps, maturing 2025    
Debt Instrument [Line Items]    
Debt instrument, basis spread on variable rate (as percent) 1.25%  
Long-term debt, gross $ 0 1,500
Senior Note - 3.70%, maturing 2025    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 3.70%  
Long-term debt, gross $ 0 350
Senior Note - 1.25%, Maturing 2026    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 1.25%  
Long-term debt, gross $ 587 516
Senior Note - 1.10%, Maturing 2027    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 1.10%  
Long-term debt, gross $ 703 619
Senior Note - 0.50%, Maturing 2028    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 0.50%  
Long-term debt, gross $ 586 516
Senior Note - 4.75%, maturing 2029    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 4.75%  
Long-term debt, gross $ 697 696
Senior Note - 6.125%, maturing 2030    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 6.125%  
Long-term debt, gross $ 600 0
Senior Note - 2.40%, maturing 2031    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 2.40%  
Long-term debt, gross $ 300 300
Senior Note - 4.75%, maturing 2032    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 4.75%  
Long-term debt, gross $ 298 298
Senior Note - 5.50%, maturing 2033    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 5.50%  
Long-term debt, gross $ 300 300
Senior Note - 6.50%, maturing 2033    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 6.50%  
Long-term debt, gross $ 600 0
Senior Note - 5.75%, maturing 2034    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 5.75%  
Long-term debt, gross $ 299 299
Senior Note - 5.15%, maturing 2043    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 5.15%  
Long-term debt, gross $ 249 249
Senior Note - 4.50%, maturing 2046    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 4.50%  
Long-term debt, gross $ 497 497
Senior Note - 4.60%, maturing 2050    
Debt Instrument [Line Items]    
Stated interest rate (as percent) 4.60%  
Long-term debt, gross $ 493 $ 493
v3.25.4
FINANCING ARRANGEMENTS - Schedule of Contractual Maturities of Long-Term Debt Including Current Maturities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Maturities of Long-term Debt [Abstract]    
2026 $ 586  
2027 702  
2028 585  
2029 695  
2030 592  
Thereafter 3,008  
Long-term debt, including current maturities $ 6,169 $ 6,608
v3.25.4
FINANCING ARRANGEMENTS - Narrative (Details)
1 Months Ended 12 Months Ended
Feb. 27, 2024
USD ($)
Aug. 07, 2022
USD ($)
May 03, 2022
USD ($)
Oct. 31, 2025
USD ($)
Jun. 30, 2025
USD ($)
Apr. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2025
USD ($)
tranche
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Jun. 11, 2025
USD ($)
Jun. 09, 2025
USD ($)
Feb. 22, 2024
USD ($)
Sep. 23, 2022
USD ($)
Debt Instrument [Line Items]                            
Repayments of long-term debt               $ 1,850,000,000 $ 801,000,000 $ 750,000,000        
Letter of Credit                            
Debt Instrument [Line Items]                            
Line of credit facility, maximum borrowing capacity               $ 182,000,000 173,000,000          
Emerson’s InSinkErator Business                            
Debt Instrument [Line Items]                            
Purchase price consideration   $ 3,000,000,000                        
Senior Notes                            
Debt Instrument [Line Items]                            
Debt instrument, face amount                     $ 1,500,000,000      
6.125% Notes Maturing 2030 | Senior Notes                            
Debt Instrument [Line Items]                            
Debt instrument, face amount                       $ 600,000,000    
Stated interest rate (as percent)                       6.125%    
Debt instrument, redemption price (as percent) 101.00%                          
6.500% Notes Maturing 2033 | Senior Notes                            
Debt Instrument [Line Items]                            
Debt instrument, face amount                       $ 600,000,000    
Stated interest rate (as percent)                       6.50%    
Debt instrument, redemption price (as percent) 101.00%                          
5.750% Notes Maturing 2034 | Senior Notes                            
Debt Instrument [Line Items]                            
Debt instrument, face amount                         $ 300,000,000  
Stated interest rate (as percent)                         5.75%  
Debt instrument, redemption price (as percent) 101.00%                          
4.000% Notes Maturing 2024 | Senior Notes                            
Debt Instrument [Line Items]                            
Debt instrument, face amount $ 300,000,000                          
Stated interest rate (as percent) 4.00%                          
Term Loan | Secured Debt                            
Debt Instrument [Line Items]                            
Debt instrument, face amount                           $ 2,500,000,000
Debt instrument, number of tranches | tranche               2            
Term Loan | Line of Credit | Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Outstanding borrowings                 $ 1,500,000,000          
Term Loan, Tranche One | Secured Debt                            
Debt Instrument [Line Items]                            
Debt instrument, face amount               $ 1,000,000,000            
Repayments of long-term debt           $ 500,000,000 $ 500,000,000              
Term Loan, Tranche Two | Secured Debt                            
Debt Instrument [Line Items]                            
Debt instrument, face amount               1,500,000,000            
Repayments of long-term debt       $ 300,000,000 $ 1,200,000,000                  
Fifth Amended And Restated Long-Term Credit Agreement | Line of Credit | Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Line of credit facility, maximum borrowing capacity     $ 3,500,000,000         3,500,000,000            
Minimum coverage ratio for debt covenant     3.0                      
Outstanding borrowings               $ 250,000,000            
Fifth Amended And Restated Long-Term Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) | Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Debt instrument, basis spread on variable rate (as percent)     1.25%                      
Debt instrument, basis spread on variable rate, adjustment (as percent)     0.10%                      
Fifth Amended And Restated Long-Term Credit Agreement | Line of Credit | Alternate Base Rate | Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Debt instrument, basis spread on variable rate (as percent)     0.25%                      
v3.25.4
FINANCING ARRANGEMENTS - Schedule of Carrying Value of Notes Payable (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Short-term Debt [Line Items]    
Total notes payable $ 351 $ 18
Commercial paper    
Short-term Debt [Line Items]    
Total notes payable 80 0
Short-term borrowings due to banks    
Short-term Debt [Line Items]    
Total notes payable $ 271 $ 18
v3.25.4
COMMITMENTS AND CONTINGENCIES - Narrative (Details)
R$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended 24 Months Ended
Dec. 19, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2023
USD ($)
Dec. 31, 2009
USD ($)
Dec. 31, 2004
USD ($)
Dec. 31, 2025
BRL (R$)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
BRL (R$)
Dec. 31, 2024
USD ($)
Commitments and Contingencies [Line Items]                  
Outstanding BEFIEX tax assessment           R$ 2,700 $ 491,000,000    
Customer Lines of Credit for Brazilian Subsidiary                  
Commitments and Contingencies [Line Items]                  
Guarantor obligations, maximum exposure           2,090 380,000,000 R$ 981 $ 159,000,000
Guarantee of Indebtedness of Others                  
Commitments and Contingencies [Line Items]                  
Guarantor obligations, current carrying value             21,000,000   12,000,000
Guarantor obligations, maximum exposure             3,300,000,000   $ 1,900,000,000
Competition Investigation                  
Commitments and Contingencies [Line Items]                  
Loss contingency accrual, provision     $ 69,000,000            
Litigation settlement, amount awarded to other party $ 75,000,000                
Proceeds from legal settlements   $ 11,000,000              
Competition Investigation | Whirlpool France                  
Commitments and Contingencies [Line Items]                  
Litigation settlement, amount awarded to other party 46,000,000                
Competition Investigation | Indesit                  
Commitments and Contingencies [Line Items]                  
Litigation settlement, amount awarded to other party $ 29,000,000                
Competition Investigation | Indemnification Agreement                  
Commitments and Contingencies [Line Items]                  
Guarantor obligations, current carrying value   $ 57,000,000              
Brazil Tax Matters                  
Commitments and Contingencies [Line Items]                  
IPI tax credits recognized         $ 26,000,000        
Special government program settlement       $ 34,000,000          
Brazil tax assessment           308 56,000,000    
CFC Tax                  
Commitments and Contingencies [Line Items]                  
CFC potential exposure           439 80,000,000    
Loss contingency accrual             0    
DIFAL-Related Contigency                  
Commitments and Contingencies [Line Items]                  
Loss contingency accrual             18,000,000    
Unreserved amounts           R$ 526 $ 96,000,000    
v3.25.4
COMMITMENTS AND CONTINGENCIES - Schedule of Changes in Total Product Warranty Reserves (Details) - Product Warranty - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]    
Balance at January $ 196 $ 206
Issuances/accruals during the period 218 235
Settlements made during the period/other (214) (245)
Liabilities derecognized upon India deconsolidation (49) 0
Balance at December 31 151 196
Current portion 130 136
Non-current portion 20 60
Total $ 151 $ 196
v3.25.4
COMMITMENTS AND CONTINGENCIES - Schedule of Purchase Obligations (Details)
$ in Millions
Dec. 31, 2025
USD ($)
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2026 $ 166
2027 126
2028 101
2029 44
2030 8
Thereafter 37
Total purchase obligations $ 481
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]        
Defined contribution plan, employer matching contribution, percent of match   7.00%    
Defined contribution plan, cost   $ 79 $ 80 $ 87
Amortization of actuarial losses (in years)   17 years    
Amortization of prior service credit (in years)   8 years    
United States Pension Benefits | Postretirement Health Coverage        
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]        
Service requirement (in years)   10 years    
Plan, age requirement (in years)   55 years    
United States Pension Benefits | Pension Benefits        
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]        
Defined contribution plan, cost   $ 0 0  
Transfer of benefits $ 71 $ 0 $ 71  
United States Pension Benefits | Pension Benefits | Equity Securities        
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]        
Target plan asset allocations (as percent)   26.00%    
United States Pension Benefits | Pension Benefits | Fixed Income Funds        
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]        
Target plan asset allocations (as percent)   74.00%    
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Obligations and Funded Status at End of Year (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Postretirement Benefits      
Funded status      
Fair value of plan assets $ 0 $ 0 $ 0
Benefit obligations 104 110 123
Funded status (104) (110)  
Amounts recognized in the consolidated balance sheets      
Noncurrent asset 0 0  
Current liability (12) (14)  
Noncurrent liability (92) (96)  
Amount recognized (104) (110)  
Amounts recognized in accumulated other comprehensive loss (pre-tax)      
Net actuarial loss (10) (7)  
Prior service (credit) cost (8) (9)  
Amount recognized (18) (16)  
United States Pension Benefits | Pension Benefits      
Funded status      
Fair value of plan assets 1,734 1,745 1,980
Benefit obligations 1,764 1,845 2,098
Funded status (30) (100)  
Amounts recognized in the consolidated balance sheets      
Noncurrent asset 23 0  
Current liability (6) (10)  
Noncurrent liability (47) (90)  
Amount recognized (30) (100)  
Amounts recognized in accumulated other comprehensive loss (pre-tax)      
Net actuarial loss 1,148 1,232  
Prior service (credit) cost 1 1  
Amount recognized 1,149 1,233  
Foreign Pension Benefits | Pension Benefits      
Funded status      
Fair value of plan assets 12 29 29
Benefit obligations 58 59 $ 65
Funded status (46) (30)  
Amounts recognized in the consolidated balance sheets      
Noncurrent asset 2 6  
Current liability (5) (4)  
Noncurrent liability (43) (32)  
Amount recognized (46) (30)  
Amounts recognized in accumulated other comprehensive loss (pre-tax)      
Net actuarial loss 25 23  
Prior service (credit) cost 0 0  
Amount recognized $ 25 $ 23  
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Changes in Benefit Obligation (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Postretirement Benefits        
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]        
Benefit obligation, beginning of year   $ 110 $ 123  
Service cost   0 0 $ 0
Interest cost   7 7  
Plan participants' contributions   0 0  
Actuarial (gain) loss   (6) (7)  
Benefits paid   (9) (9)  
Plan amendments   0 0  
Acquisitions/divestitures/transfers   0 0  
Other adjustments   0 0  
Transfer of benefits   0 0  
Settlements / curtailment (gain)   0 0  
Foreign currency exchange rates   2 (4)  
Benefit obligation, end of year $ 110 104 110 123
United States Pension Benefits | Pension Benefits        
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]        
Benefit obligation, beginning of year   1,845 2,098  
Service cost   2 2 2
Interest cost   97 102  
Plan participants' contributions   0 0  
Actuarial (gain) loss   4 (90)  
Benefits paid   (184) (196)  
Plan amendments   0 0  
Acquisitions/divestitures/transfers   0 0  
Other adjustments   0 0  
Transfer of benefits (71) 0 (71)  
Settlements / curtailment (gain)   0 0  
Foreign currency exchange rates   0 0  
Benefit obligation, end of year 1,845 1,764 1,845 2,098
Accumulated benefit obligation, end of year 1,835 1,752 1,835  
Foreign Pension Benefits | Pension Benefits        
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]        
Benefit obligation, beginning of year   59 65  
Service cost   2 2 3
Interest cost   4 4  
Plan participants' contributions   0 0  
Actuarial (gain) loss   7 2  
Benefits paid   (4) (3)  
Plan amendments   0 0  
Acquisitions/divestitures/transfers   (11) 0  
Other adjustments   0 0  
Transfer of benefits   0 0  
Settlements / curtailment (gain)   (5) (3)  
Foreign currency exchange rates   6 (8)  
Benefit obligation, end of year 59 58 59 $ 65
Accumulated benefit obligation, end of year $ 53 $ 54 $ 53  
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Changes in Plan Assets (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Other Postretirement Benefits    
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Fair value of plan assets, beginning of year $ 0 $ 0
Actual return on plan assets 0 0
Employer contribution 9 9
Plan participants' contributions 0 0
Benefits paid (9) (9)
Transfer of plan assets 0 0
Other adjustments 0 0
Settlements 0 0
Foreign currency exchange rates 0 0
Fair value of plan assets, end of year 0 0
United States Pension Benefits | Pension Benefits    
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Fair value of plan assets, beginning of year 1,745 1,980
Actual return on plan assets 167 26
Employer contribution 6 6
Plan participants' contributions 0 0
Benefits paid (184) (196)
Transfer of plan assets 0 (71)
Other adjustments 0 0
Settlements 0 0
Foreign currency exchange rates 0 0
Fair value of plan assets, end of year 1,734 1,745
Foreign Pension Benefits | Pension Benefits    
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Fair value of plan assets, beginning of year 29 29
Actual return on plan assets 4 2
Employer contribution (2) 6
Plan participants' contributions 0 0
Benefits paid (4) (3)
Transfer of plan assets (10) 0
Other adjustments 0 0
Settlements (5) (3)
Foreign currency exchange rates 0 (2)
Fair value of plan assets, end of year $ 12 $ 29
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Components of Net Periodic Benefit Cost (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Postretirement Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Service cost $ 0 $ 0 $ 0
Interest cost 7 7 7
Expected return on plan assets 0 0 0
Amortization:      
Actuarial loss (2) (1) (1)
Prior service cost (credit) (1) (1) (41)
Curtailment (gain) / loss 0 0 0
Settlement loss 0 0 0
Net periodic benefit cost (income) 4 5 (35)
United States Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Service cost 2 2 2
Interest cost 97 102 115
Expected return on plan assets (119) (146) (140)
Amortization:      
Actuarial loss 40 39 37
Prior service cost (credit) 0 0 0
Curtailment (gain) / loss 0 0 0
Settlement loss 0 0 0
Net periodic benefit cost (income) 20 (3) 14
Foreign Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Service cost 2 2 3
Interest cost 4 10 26
Expected return on plan assets (2) (7) (22)
Amortization:      
Actuarial loss 1 1 5
Prior service cost (credit) 0 0 0
Curtailment (gain) / loss 0 0 0
Settlement loss (2) 1 1
Net periodic benefit cost (income) $ 3 $ 7 $ 13
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Net Periodic Cost Recognized in Operating Profit and Interest and Sundry (Income) Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Postretirement Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) $ 4 $ 5 $ (35)
United States Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) 20 (3) 14
Foreign Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) 3 7 13
Operating (profit) loss | Other Postretirement Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) 0 0 0
Operating (profit) loss | United States Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) 2 2 2
Operating (profit) loss | Foreign Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) 2 2 3
Interest and sundry (income) expense | Other Postretirement Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) 4 5 (35)
Interest and sundry (income) expense | United States Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) 18 (5) 12
Interest and sundry (income) expense | Foreign Pension Benefits | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net periodic benefit cost (income) $ 1 $ 5 $ 10
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Other Changes in Plan Assets and Benefit Obligations Recognized in OCI (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]      
Current year actuarial loss / (gain) $ (48) $ 9 $ 99
Current year prior service cost (credit) 0 0 1
Total recognized in other comprehensive income (loss) (pre-tax) (79) $ (30) $ 99
Other Postretirement Benefits      
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]      
Current year actuarial loss / (gain) (5)    
Actuarial (loss) recognized during the year 2    
Current year prior service cost (credit) 0    
Prior service credit (cost) recognized during the year 1    
Total recognized in other comprehensive income (loss) (pre-tax) (2)    
Total recognized in net periodic benefit costs and other comprehensive income (loss) (pre-tax) 2    
United States Pension Benefits | Pension Benefits      
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]      
Current year actuarial loss / (gain) (44)    
Actuarial (loss) recognized during the year (40)    
Current year prior service cost (credit) 0    
Prior service credit (cost) recognized during the year 0    
Total recognized in other comprehensive income (loss) (pre-tax) (84)    
Total recognized in net periodic benefit costs and other comprehensive income (loss) (pre-tax) (64)    
Foreign Pension Benefits | Pension Benefits      
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]      
Current year actuarial loss / (gain) 1    
Actuarial (loss) recognized during the year 6    
Current year prior service cost (credit) 0    
Prior service credit (cost) recognized during the year 0    
Total recognized in other comprehensive income (loss) (pre-tax) 7    
Total recognized in net periodic benefit costs and other comprehensive income (loss) (pre-tax) $ 10    
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Weighted-Average Assumptions Used to Determine Benefit Obligation and Net Periodic Cost (Details)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Postretirement Benefits      
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]      
Discount rate (as percent) 6.23% 6.24%  
Discount rate (as percent) 6.77% 6.00% 6.36%
United States Pension Benefits | Pension Benefits      
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]      
Discount rate (as percent) 5.35% 5.60%  
Rate of compensation increase (as percent) 4.50% 4.50%  
Interest crediting rate for cash balance plans (as percent) 4.10% 4.35%  
Discount rate (as percent) 5.60% 5.15% 5.55%
Expected long-term rate of return on plan assets (as percent) 6.00% 6.50% 6.00%
Rate of compensation increase (as percent) 4.50% 4.50% 4.50%
Interest crediting rate for cash balance plans (as percent) 4.35% 3.90% 4.30%
Foreign Pension Benefits | Pension Benefits      
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]      
Discount rate (as percent) 7.86% 7.93%  
Rate of compensation increase (as percent) 4.26% 5.07%  
Interest crediting rate for cash balance plans (as percent) 3.00% 3.00%  
Discount rate (as percent) 7.93% 4.44% 4.72%
Expected long-term rate of return on plan assets (as percent) 6.10% 6.03% 5.33%
Rate of compensation increase (as percent) 5.07% 3.58% 3.52%
Interest crediting rate for cash balance plans (as percent) 3.00% 2.81% 2.85%
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Expected Employer Contributions to Funded Plans (Details) - Pension Benefits
$ in Millions
Dec. 31, 2025
USD ($)
United States Pension Benefits  
2026 $ 0
Foreign Pension Benefits  
2026 $ 0
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Expected Benefit Payments (Details)
$ in Millions
Dec. 31, 2025
USD ($)
Other Postretirement Benefits  
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]  
2026 $ 12
2027 11
2028 10
2029 9
2030 9
2031-2035 40
United States Pension Benefits | Pension Benefits  
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]  
2026 215
2027 183
2028 176
2029 168
2030 161
2031-2035 688
Foreign Pension Benefits | Pension Benefits  
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]  
2026 6
2027 9
2028 6
2029 6
2030 6
2031-2035 $ 30
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Fair Value of Pension Plan Assets by Asset Category (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets $ 1,746 $ 1,773
Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 7 4
Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 1,064 1,401
Significant unobservable inputs (Level 3)    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 4 6
Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 4 6
Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 671 362
Cash and cash equivalents | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 143 146
Cash and cash equivalents | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Cash and cash equivalents | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 143 146
Cash and cash equivalents | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Cash and cash equivalents | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Government and government agency securities, U.S. securities | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 124 57
Government and government agency securities, U.S. securities | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Government and government agency securities, U.S. securities | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 124 57
Government and government agency securities, U.S. securities | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Government and government agency securities, U.S. securities | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Government and government agency securities, International securities | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 32 43
Government and government agency securities, International securities | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Government and government agency securities, International securities | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 32 43
Government and government agency securities, International securities | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Government and government agency securities, International securities | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Corporate bonds and notes, U.S. companies | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 566 909
Corporate bonds and notes, U.S. companies | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Corporate bonds and notes, U.S. companies | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 566 909
Corporate bonds and notes, U.S. companies | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Corporate bonds and notes, U.S. companies | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Corporate bonds and notes, international companies | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 73 105
Corporate bonds and notes, international companies | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Corporate bonds and notes, international companies | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 73 105
Corporate bonds and notes, international companies | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Corporate bonds and notes, international companies | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Equity securities, International companies | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 6 4
Equity securities, International companies | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 6 4
Equity securities, International companies | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Equity securities, International companies | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Equity securities, International companies | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Mutual funds | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 104 100
Mutual funds | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Mutual funds | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 104 100
Mutual funds | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Mutual funds | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, U.S. equity securities | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 538 234
Investments at net asset value, U.S. equity securities | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, U.S. equity securities | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, U.S. equity securities | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, U.S. equity securities | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 538 234
Investments at net asset value, International equity securities | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 133 128
Investments at net asset value, International equity securities | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, International equity securities | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, International equity securities | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, International equity securities | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 133 128
Investments at net asset value, U.S. private equity investments | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 4 6
Investments at net asset value, U.S. private equity investments | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, U.S. private equity investments | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, U.S. private equity investments | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 4 6
Investments at net asset value, U.S. private equity investments | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, Emerging growth | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, Emerging growth | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, Emerging growth | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, Emerging growth | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
Investments at net asset value, Emerging growth | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
All other investments | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 23 41
All other investments | Quoted prices (Level 1) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 1 0
All other investments | Other significant observable inputs (Level 2) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 22 41
All other investments | Significant unobservable inputs (Level 3) | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 0 0
All other investments | Net Asset Value | Fair Value, Measurements, Recurring | Pension Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets $ 0 $ 0
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Fair Value Measurements Using Significant Unobservable Inputs (Details) - Significant unobservable inputs (Level 3)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
Limited Partnerships  
Fair value of plan assets, beginning of year $ 6
Realized gain / (loss) (net) 0
Unrealized gain / (loss) (net) 0
Purchases 0
Settlements (2)
Fair value of plan assets, end of year $ 4
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Projected Benefit Obligation in Excess of Plan Assets (Details) - Pension Benefits - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
United States Pension Benefits    
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]    
Projected benefit obligation $ 53 $ 1,845
Fair value of plan assets 0 1,745
Foreign Pension Benefits    
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]    
Projected benefit obligation 48 37
Fair value of plan assets $ 0 $ 0
v3.25.4
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Schedule of Accumulated Benefit Obligation in Excess of Plan Assets (Details) - Pension Benefits - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
United States Pension Benefits    
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]    
Projected benefit obligation $ 53 $ 1,845
Accumulated benefit obligation 41 1,835
Fair value of plan assets 0 1,745
Foreign Pension Benefits    
Defined Benefit Plans and Other Postretirement Benefit Plan [Line Items]    
Projected benefit obligation 48 37
Accumulated benefit obligation 44 35
Fair value of plan assets $ 0 $ 0
v3.25.4
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Derivative [Line Items]      
Gain expected to be reclassified in next twelve months $ 8,000,000    
Currency Swap | Designated as Hedging Instrument      
Derivative [Line Items]      
Notional amount 618,000,000 $ 618,000,000 $ 618,000,000
Interest Rate Contract | Designated as Hedging Instrument      
Derivative [Line Items]      
Notional amount 0 0 0
Net Investment Hedging | Designated as Hedging Instrument      
Derivative [Line Items]      
Notional amount $ 0 $ 0 $ 0
v3.25.4
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Outstanding Derivative Contracts (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Derivatives, Fair Value [Line Items]      
Hedge Assets $ 36,000,000 $ 68,000,000  
Hedge Liabilities 146,000,000 59,000,000  
Derivative asset at fair value, current $ 28,000,000 $ 65,000,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid and other current assets Prepaid and other current assets  
Derivative asset at fair value, noncurrent $ 8,000,000 $ 3,000,000  
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other noncurrent assets Other noncurrent assets  
Total derivatives, hedge assets at fair value $ 36,000,000 $ 68,000,000  
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other noncurrent assets, Prepaid and other current assets Other noncurrent assets, Prepaid and other current assets  
Derivative liability at fair value, current $ 38,000,000 $ 11,000,000  
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration] Other current liabilities Other current liabilities  
Derivative liability at fair value, noncurrent $ 108,000,000 $ 48,000,000  
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other noncurrent liabilities Other noncurrent liabilities  
Total derivatives, hedge liabilities at fair value $ 146,000,000 $ 59,000,000  
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other current liabilities, Other noncurrent liabilities Other current liabilities, Other noncurrent liabilities  
Derivatives accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Hedge Assets $ 34,000,000 $ 63,000,000  
Hedge Liabilities 138,000,000 58,000,000  
Derivatives not accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Hedge Assets 2,000,000 5,000,000  
Hedge Liabilities 8,000,000 1,000,000  
Commodity swaps/options | Derivatives accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Notional Amount 247,000,000 204,000,000  
Hedge Assets 27,000,000 5,000,000  
Hedge Liabilities $ 6,000,000 $ 9,000,000  
Maximum term of commodity swaps/options (in months) 24 months 24 months  
Commodity swaps/options | Derivatives not accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Notional Amount $ 0 $ 0  
Hedge Assets 0 0  
Hedge Liabilities $ 0 $ 0  
Maximum term of commodity swaps/options (in months) 0 months 0 months  
Foreign exchange forwards/options | Derivatives accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Notional Amount $ 675,000,000 $ 967,000,000  
Hedge Assets 3,000,000 52,000,000  
Hedge Liabilities $ 25,000,000 $ 2,000,000  
Maximum term of foreign exchange forwards/options (in months) 15 months 15 months  
Foreign exchange forwards/options | Derivatives not accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Notional Amount $ 1,266,000,000 $ 473,000,000  
Hedge Assets 2,000,000 5,000,000  
Hedge Liabilities $ 8,000,000 $ 1,000,000  
Maximum term of foreign exchange forwards/options (in months) 7 months 12 months  
Cross-currency swaps | Derivatives accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Notional Amount $ 618,000,000 $ 618,000,000 $ 618,000,000
Hedge Assets 4,000,000 6,000,000  
Hedge Liabilities $ 107,000,000 $ 47,000,000  
Maximum term of cross-currency swaps (in months) 38 months 50 months  
Interest rate derivatives | Derivatives accounted for as hedges      
Derivatives, Fair Value [Line Items]      
Notional Amount $ 0 $ 0 $ 0
Hedge Assets 0 0  
Hedge Liabilities $ 0 $ 0  
Maximum term of interest rate derivatives (in months) 0 months 0 months  
v3.25.4
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Effects of Derivative Instruments on Consolidated Statements of Income (Loss) and Consolidated Statements of Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) $ (117) $ 133 $ (100)
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (46) 52 $ (36)
Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Tax impact of cash flow hedges 23 (26)  
Commodity swaps/options | Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) 19 4  
Commodity swaps/options | Cash Flow Hedges | Cost of products sold      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (2) 1  
Foreign exchange forwards/options | Interest and sundry (income) expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges (42) 28  
Foreign exchange forwards/options | Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) (75) 96  
Foreign exchange forwards/options | Cash Flow Hedges | Net sales      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 1 1  
Foreign exchange forwards/options | Cash Flow Hedges | Cost of products sold      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (6) (5)  
Foreign exchange forwards/options | Cash Flow Hedges | Interest and sundry (income) expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 13 8  
Cross-currency swaps | Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) (61) 34  
Cross-currency swaps | Cash Flow Hedges | Interest and sundry (income) expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (83) 46  
Interest rate derivatives | Cash Flow Hedges | Interest expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) $ 31 $ 1  
v3.25.4
FAIR VALUE MEASUREMENTS - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments $ 441 $ 1,000
Net derivative contracts (111) 8
Quoted Prices In Active Markets for Identical Assets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments 435 705
Net derivative contracts 0 0
Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments 6 295
Net derivative contracts (111) 8
Total Cost Basis    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments 441 1,000
Net derivative contracts $ 0 $ 0
v3.25.4
FAIR VALUE MEASUREMENTS - Other Intangible Assets Narrative (Details)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2025
USD ($)
JennAir | Measurement Input, Discount Rate | Relief-From-Royalty Method      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Intangible assets, measurement input (as percent) 0.105   0.105
JennAir | Measurement Input, Royalty Rate | Relief-From-Royalty Method      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Intangible assets, measurement input (as percent) 0.060   0.060
JennAir | Trademarks      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Impairment charges $ 106   $ 106
Maytag | Measurement Input, Discount Rate | Relief-From-Royalty Method      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Intangible assets, measurement input (as percent) 0.125   0.125
Maytag | Measurement Input, Royalty Rate | Relief-From-Royalty Method      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Intangible assets, measurement input (as percent) 0.040   0.040
Maytag | Trademarks      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Impairment charges   $ 381  
v3.25.4
FAIR VALUE MEASUREMENTS - Whirlpool India Share Sale (Details) - Whirlpool India - USD ($)
shares in Millions, $ in Millions
Nov. 27, 2025
Dec. 31, 2025
Nov. 26, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Sale of minority interest in subsidiary (in shares) 14.3    
Remeasured fair value of equity interest   $ 504  
Whirlpool Mauritius Limited      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Subsidiary, ownership percentage     51.00%
Whirlpool      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Subsidiary, ownership percentage 40.00%    
Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Remeasured fair value of equity interest $ 599    
v3.25.4
FAIR VALUE MEASUREMENTS - European Major Domestic Appliance Business Held for Sale (Details)
$ in Millions
3 Months Ended
Apr. 01, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Jan. 16, 2023
Dec. 31, 2022
Dec. 20, 2022
USD ($)
Disposed of by Sale | European Major Domestic Appliance Business              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Discontinued operation, equity interest (as percent) 25.00%            
Beko Europe B.V. | Arcelik B.V.              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Ownership percentage by noncontrolling owners (as percent)         75.00%    
Beko Europe B.V. | Arcelik B.V. | Disposed of by Sale              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Ownership percentage by noncontrolling owners (as percent) 75.00%            
Beko Europe B.V.              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Equity interest percentage     25.00% 25.00% 25.00%    
Equity method investments     $ 19 $ 74     $ 139
Beko Europe B.V. | Significant unobservable inputs (Level 3)              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Remeasured fair value of equity interest $ 186            
Beko Europe B.V. | Held-for-sale | European Major Domestic Appliance Business              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Disposal group, consideration   $ 227          
Remeasured fair value of equity interest   186          
Beko Europe B.V. | Held-for-sale | MENA Business              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Proceeds from sale of business   $ 41          
Beko Europe B.V. | Disposed of by Sale              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Equity interest percentage 25.00%            
Beko Europe B.V. | Measurement Input, Discount Rate              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Equity method investments, measurement input (as percent) 0.155         0.165  
v3.25.4
FAIR VALUE MEASUREMENTS - Other Fair Value Measurements Narrative (Details) - USD ($)
$ in Billions
Dec. 31, 2025
Dec. 31, 2024
Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value of long-term debt $ 5.7 $ 6.2
v3.25.4
STOCKHOLDERS' EQUITY - Schedule of Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance $ 2,933 $ 2,537 $ 2,506
Unrealized gain (loss) (310) 44 (42)
Unrealized actuarial gain (loss) and prior service credit (cost) 31 39 (99)
Tax effect 11 (45) 53
Other comprehensive income (loss), net of tax (268) 37 (88)
Less: Other comprehensive loss available to noncontrolling interests 0 (1)  
Other comprehensive income (loss) available to Whirlpool (268) 38 (88)
Sale of minority interest in subsidiary   18  
Divestitures 189 577  
Ending balance 2,715 2,933 2,537
Foreign Currency      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (822) (1,253) (1,275)
Unrealized gain (loss) (288) (30) 22
Other comprehensive income (loss), net of tax (288) (30) 22
Less: Other comprehensive loss available to noncontrolling interests 0 (1)  
Other comprehensive income (loss) available to Whirlpool (288) (29) 22
Sale of minority interest in subsidiary   18  
Divestitures 186 442  
Ending balance (924) (822) (1,253)
Derivative Instruments      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance 68 11 58
Unrealized gain (loss) (71) 83 (64)
Tax effect 25 (25) 17
Other comprehensive income (loss), net of tax (45) 57 (47)
Other comprehensive income (loss) available to Whirlpool (45) 57 (47)
Ending balance 23 68 11
Pension and Postretirement Liability      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (791) (936) (873)
Unrealized gain (loss) 48 (9)  
Unrealized actuarial gain (loss) and prior service credit (cost) 31 39 (99)
Tax effect (14) (20) 36
Other comprehensive income (loss), net of tax 65 10 (63)
Other comprehensive income (loss) available to Whirlpool 65 10 (63)
Divestitures 3 135  
Ending balance (723) (791) (936)
Accumulated Other Comprehensive Income (Loss)      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (1,545) (2,178) (2,090)
Other comprehensive income (loss), net of tax (268) 38 (88)
Ending balance $ (1,624) $ (1,545) $ (2,178)
v3.25.4
STOCKHOLDERS' EQUITY - Schedule of Basic and Diluted Net Earnings Per Share (Details) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Stockholders' Equity Note [Abstract]      
Numerator for basic and diluted earnings per share – net earnings (loss) available to Whirlpool $ 318 $ (323) $ 481
Denominator for basic earnings per share – weighted-average shares (in shares) 56.0 55.1 55.0
Effect of dilutive securities – stock-based compensation (in shares) 0.2 0.0 0.2
Denominator for diluted earnings per share – adjusted weighted-average shares (in shares) 56.2 55.1 55.2
Anti-dilutive stock options/awards excluded from earnings per share (in shares) 1.2 1.2 1.2
v3.25.4
STOCKHOLDERS' EQUITY - Narrative (Details) - USD ($)
12 Months Ended
Feb. 14, 2022
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Apr. 19, 2021
Equity, Class of Treasury Stock [Line Items]          
Dividends per share paid to shareholders (USD per share)   $ 5.30 $ 7.00 $ 7.00  
Common Stock          
Equity, Class of Treasury Stock [Line Items]          
Stock repurchase program, authorized amount         $ 2,000,000,000
Stock repurchase program, additional authorized amount $ 2,000,000,000        
Stock repurchase program, remaining authorized repurchase amount   $ 2,500,000,000      
v3.25.4
SHARE-BASED INCENTIVE PLANS - Narrative (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Apr. 25, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Share based compensation expense   $ 28,000 $ 28,000 $ 33,000
Share based compensation related income tax benefits recognized in earnings   4,000 $ 4,000 $ 7,000
Unrecognized compensation costs   $ 56,000    
Award vesting period (in months/years)   26 months    
Granted (in shares)   0    
Weighted average grant date fair value of stock options (in USD per share)     $ 24.05 $ 37.55
Weighted average grant date fair value of awards granted (in USD per share)   $ 81.72 $ 104.67 $ 125.44
Total fair value of stock units vested   $ 27,000 $ 48,000 $ 76,000
2023 Omnibus Stock and Incentive Plan        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Number of additional shares for issuance (in shares) 3,277      
2018 Omnibus Stock and Incentive Plan and 2023 Omnibus Stock and Incentive Plan        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Shares available for issuance (in shares)   5,200    
Non-Employee Director        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Divider benchmark   $ 160    
Stock Options        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Exercisable period (in years)   3 years    
Expiration period (in years)   10 years    
Restricted Stock Units (RSUs) | Management        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting period (in months/years)   3 years    
Restricted Stock Units (RSUs) | Executives | Minimum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting period (in months/years)   3 years    
Restricted Stock Units (RSUs) | Executives | Maximum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting period (in months/years)   4 years    
Performance Stock Units | Management        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting period (in months/years)   3 years    
Performance Stock Units | Management | Minimum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Performance measures (as percent)   0.00%    
Performance Stock Units | Management | Maximum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Performance measures (as percent)   200.00%    
v3.25.4
SHARE-BASED INCENTIVE PLANS - Schedule of Weighted Average Assumptions (Details) - Stock Options
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Risk-free interest rate (as percent) 4.30% 4.30% 4.00%
Expected volatility (as percent) 42.40% 40.40% 39.80%
Expected dividend yield (as percent) 7.00% 6.70% 5.00%
Expected option life (in years) 5 years 5 years 5 years
v3.25.4
SHARE-BASED INCENTIVE PLANS - Schedule of Stock Option Activity (Details)
shares in Thousands
12 Months Ended
Dec. 31, 2025
$ / shares
shares
Number of Options  
Number of options outstanding, beginning balance (in shares) | shares 1,198
Granted (in shares) | shares 0
Exercised (in shares) | shares (4)
Canceled or expired (in shares) | shares (113)
Number of options outstanding, ending balance (in shares) | shares 1,081
Exercisable (in shares) | shares 827
Weighted- Average Exercise Price  
Weighted-average exercise price outstanding, beginning balance (in USD per share) | $ / shares $ 153.09
Granted (in USD per share) | $ / shares 0
Exercised (in USD per share) | $ / shares 79.56
Canceled or expired (in USD per share) | $ / shares 179.93
Weighted-average exercise price outstanding, ending balance (in USD per share) | $ / shares 150.54
Exercisable (in USD per share) | $ / shares $ 161.02
v3.25.4
SHARE-BASED INCENTIVE PLANS - Schedule of Additional Information Related to Stock Options Outstanding (Details)
$ / shares in Units, shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
$ / shares
shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]  
Number of options (in shares) | shares 1,071
Weighted-average exercise price per share (in USD per share) | $ / shares $ 150.91
Aggregate intrinsic value | $ $ 0
Weighted-average remaining contractual term, in years 5 years
Number of options exercisable (in shares) | shares 827
Weighted-average exercise price per share, options exercisable (in USD per share) | $ / shares $ 161.02
Aggregate intrinsic value | $ $ 0
Weighted-average remaining contractual term, in years 5 years
v3.25.4
SHARE-BASED INCENTIVE PLANS - Schedule of Stock Unit Activity (Details) - $ / shares
shares in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Number of Stock Units      
Non-vested, beginning balance (in shares) 993    
Granted (in shares) 585    
Canceled (in shares) (105)    
Vested and transferred to unrestricted (in shares) (199)    
Non-vested, ending balance (in shares) 1,274 993  
Weighted- Average Grant Date Fair Value      
Non-vested, beginning balance (in USD per share) $ 116.92    
Granted (in USD per share) 81.72 $ 104.67 $ 125.44
Canceled (in USD per share) 104.47    
Vested and transferred to unrestricted (in USD per share) 134.80    
Non-vested, ending balance (in USD per share) $ 93.66 $ 116.92  
v3.25.4
RESTRUCTURING CHARGES - Narrative (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Jun. 30, 2024
Restructuring Cost and Reserve [Line Items]            
Restructuring costs     $ 63 $ 79 $ 16  
Employee Termination            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs     22      
Asset Impairment            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs     38      
Other Associated Costs            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs     3      
Multi-Region Footprint Optimization Plan            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs   $ 43        
Multi-Region Footprint Optimization Plan | Employee Termination            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs   7 $ 20      
Multi-Region Footprint Optimization Plan | Asset Impairment            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs   $ 36        
Workforce Reduction Plan            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs $ 21          
Workforce Reduction Plan | Employee Termination            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs 14          
Workforce Reduction Plan | Other Associated Costs            
Restructuring Cost and Reserve [Line Items]            
Restructuring costs $ 7          
Workforce Reduction Plan | Employee Termination            
Restructuring Cost and Reserve [Line Items]            
Restructuring and related cost, total costs to date           $ 58
v3.25.4
RESTRUCTURING CHARGES - Schedule of Changes to Restructuring Liability (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Reserve [Roll Forward]      
Restructuring reserve, beginning balance $ 6    
Charge to Earnings 63 $ 79 $ 16
Cash Paid (24)    
Non-Cash and Other (37)    
Restructuring reserve, ending balance 7 6  
Employee Termination      
Restructuring Reserve [Roll Forward]      
Restructuring reserve, beginning balance 4    
Charge to Earnings 22    
Cash Paid (20)    
Non-Cash and Other 0    
Restructuring reserve, ending balance 5 4  
Asset Impairment      
Restructuring Reserve [Roll Forward]      
Restructuring reserve, beginning balance 0    
Charge to Earnings 38    
Cash Paid 0    
Non-Cash and Other (36)    
Restructuring reserve, ending balance 2 0  
Facility exit costs      
Restructuring Reserve [Roll Forward]      
Restructuring reserve, beginning balance 0    
Charge to Earnings 0    
Cash Paid 0    
Non-Cash and Other 0    
Restructuring reserve, ending balance 0 0  
Other exit costs      
Restructuring Reserve [Roll Forward]      
Restructuring reserve, beginning balance 2    
Charge to Earnings 3    
Cash Paid (4)    
Non-Cash and Other (1)    
Restructuring reserve, ending balance $ 0 $ 2  
v3.25.4
RESTRUCTURING CHARGES - Schedule of Restructuring Charges by Operating Segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]      
Total $ 63 $ 79 $ 16
Operating segments | MDA North America      
Restructuring Cost and Reserve [Line Items]      
Total 34 31  
Operating segments | MDA Latin America      
Restructuring Cost and Reserve [Line Items]      
Total 25 23  
Operating segments | SDA Global      
Restructuring Cost and Reserve [Line Items]      
Total 1 5  
Corporate / Other      
Restructuring Cost and Reserve [Line Items]      
Total $ 3 $ 20  
v3.25.4
INCOME TAXES - Narrative (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash and Cash Equivalents [Line Items]      
Income tax expense $ 142,000,000 $ 10,000,000 $ 77,000,000
Benefit of legal entity restructuring tax impact   721,000,000 170,000,000
Cash and cash equivalents 669,000,000 1,275,000,000  
Income tax expense, hypothetical tax obligation 11,000,000 15,000,000  
Operating loss carryforwards 4,100,000,000 3,800,000,000  
Operating loss carryforwards, not subject to expiration 900,000,000    
General business credit carryforwards available to offset future payments 424,000,000    
Valuation allowance, deferred tax assets 960,000,000 885,000,000  
Corporate alternative minimum tax liability 0    
Unrecognized tax benefits, interest and penalties resulting in net expense (benefit) (7,000,000) 14,000,000 (12,000,000)
Unrecognized tax benefits, income tax penalties and interest accrued 49,000,000 53,000,000 $ 78,000,000
Net Operating Loss Carryforward      
Cash and Cash Equivalents [Line Items]      
Valuation allowance, deferred tax assets 628,000,000 601,000,000  
Other Deferred Tax Assets      
Cash and Cash Equivalents [Line Items]      
Valuation allowance, deferred tax assets 332,000,000 284,000,000  
United States      
Cash and Cash Equivalents [Line Items]      
Operating loss carryforwards 1,500,000,000 $ 1,200,000,000  
Foreign Countries      
Cash and Cash Equivalents [Line Items]      
Cash and cash equivalents $ 644,000,000    
v3.25.4
INCOME TAXES - Schedule of Income Before Income Tax, Domestic and Foreign (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Earnings (loss) before income taxes      
United States $ (53) $ (294) $ 9
Foreign 569 107 584
Earnings (loss) before income taxes $ 516 $ (188) $ 593
v3.25.4
INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation, Amount and Percentage (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
U.S. federal statutory tax rate $ 108 $ (39) $ 125
State and local taxes, net of federal tax benefit 59 (56) (43)
Foreign tax rate differential   26 41
Valuation allowance 19 395 78
Withholding Tax   16 13
Other 2 5 10
Divestiture tax impact   239 0
Foreign currency impacts   33 (23)
Foreign branch income 53    
Other (4)    
R&D tax credits (21)    
Nontaxable or nondeductible items 8 46 31
Changes in unrecognizable tax benefits (131)    
Legal Entity restructuring tax impact 48    
Total income tax expense $ 142 $ 10 $ 77
Percent      
U.S. federal statutory tax rate 21.00%    
State and local income taxes, net of federal income tax effect 11.43%    
Valuation allowance 3.68%    
Other 0.32%    
Foreign branch income 10.27%    
Other (0.78%)    
R&D tax credits (4.07%)    
Nontaxable or nondeductible items 1.55%    
Changes in unrecognizable tax benefits (25.39%)    
Legal Entity restructuring tax impact 9.30%    
Effective income tax rate 27.52%    
Argentina      
Amount      
Foreign tax rate differential $ (8)    
Valuation allowance $ 21    
Percent      
Foreign tax rate differential (1.55%)    
Valuation allowance 4.07%    
Brazil      
Amount      
Foreign tax rate differential $ 26    
Non-Taxable VAT Reimbursement $ (27)    
Percent      
Foreign tax rate differential 5.04%    
Non-Taxable VAT Reimbursement (0.0523)    
Canada      
Amount      
Foreign accrual property income (FAPI) $ 7    
Withholding Tax 16    
Other $ (1)    
Percent      
Foreign accrual property income (FAPI) 0.0136    
Withholding Tax 0.0310    
Other (0.19%)    
Luxembourg      
Amount      
Other $ 5    
Nondeductible Interest $ 5    
Percent      
Other 0.97%    
Nondeductible Interest 0.97%    
Mauritius      
Amount      
Foreign tax rate differential $ (16)    
Divestiture tax impact $ (39)    
Percent      
Foreign tax rate differential (3.10%)    
Divestiture tax impact (7.56%)    
Mexico      
Amount      
Foreign tax rate differential $ 12    
Other 1    
Annual corporate inflation adjustment (8)    
Foreign currency impacts $ (20)    
Percent      
Foreign tax rate differential 2.33%    
Other 0.19%    
Annual corporate inflation adjustment (0.0155)    
Foreign currency impacts (0.0388)    
Netherlands      
Amount      
Other $ (2)    
Nondeductible Interest $ 8    
Percent      
Other (0.39%)    
Nondeductible Interest 1.55%    
Other foreign jurisdictions      
Amount      
Foreign tax rate differential $ 21    
Percent      
Foreign tax rate differential 4.07%    
v3.25.4
INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation, Amount (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
Income tax (benefit) expense computed at United States statutory rate $ 108 $ (39) $ 125
U.S. government tax incentives   (19) (20)
Foreign government tax incentives, including BEFIEX   (31) (30)
Foreign tax rate differential   26 41
U.S. foreign tax credits   (65) (43)
Valuation allowances 19 395 78
State and local taxes, net of federal tax benefit 59 (56) (43)
Foreign withholding taxes   16 13
U.S. tax on foreign dividends and subpart F income   (57) 36
Settlement of global tax audits   32 43
Changes in enacted tax rates   10 1
Nondeductible loss on sale   56 5
Nondeductible fines and penalties   0 18
Legal entity debt restructuring   (3) 0
Divestiture tax impact   239 0
Legal Entity restructuring tax impact   (721) (170)
Expiration/Forfeiture of net operating losses   143 5
Foreign currency impacts   33 (23)
Non-deductible expenses 8 46 31
Other items, net 2 5 10
Total income tax expense $ 142 $ 10 $ 77
v3.25.4
INCOME TAXES - Schedule of Income Tax (Benefit) Provision (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
United States, current federal tax expense (benefit) $ (91) $ (6) $ (27)
Current foreign tax expense (benefit) 103 184 197
Current state and local tax expense (benefit) (1) 9 (3)
Current income tax expense (benefit) 11 187 167
United States, deferred federal income tax expense (benefit) 43 (437) (212)
Deferred foreign income tax expense (benefit) 12 393 155
Deferred state and local income tax expense (benefit) 76 (133) (33)
Deferred income tax expense (benefit) 131 (177) (90)
Total income tax expense $ 142 $ 10 $ 77
v3.25.4
INCOME TAXES - Schedule of Amount of Income Taxes Paid (Refunded) (Details)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
Income Tax Contingency [Line Items]  
Federal $ (1)
State (9)
Total Income taxes, net of amounts refunded 136
Brazil  
Income Tax Contingency [Line Items]  
Foreign 28
Canada  
Income Tax Contingency [Line Items]  
Foreign 13
India  
Income Tax Contingency [Line Items]  
Foreign 11
Mexico  
Income Tax Contingency [Line Items]  
Foreign 77
All other foreign  
Income Tax Contingency [Line Items]  
Foreign $ 17
v3.25.4
INCOME TAXES - Schedule of Significant Components of Deferred Tax Liabilities and Assets (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred tax liabilities    
Intangibles $ 252 $ 249
Property, net 124 126
Right of use assets 171 171
Other 14 59
Total deferred tax liabilities 561 605
Deferred tax assets    
U.S. general business credit carryforwards, including Energy Tax Credits 428 363
Lease liabilities 181 179
Pensions 25 33
Loss carryforwards 884 911
Postretirement obligations 26 28
Foreign tax credit carryforwards 221 151
Research and development capitalization 361 367
Employee payroll and benefits 31 53
Accrued expenses 96 82
Product warranty accrual 40 41
Receivable and inventory allowances 48 41
Disallowed business interest carryforwards 182 164
Outside basis differences 182 339
Other 128 153
Total deferred tax assets 2,833 2,905
Valuation allowances for deferred tax assets (960) (885)
Deferred tax assets, net of valuation allowances 1,873 2,020
Net deferred tax assets $ 1,312 $ 1,415
v3.25.4
INCOME TAXES - Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Unrecognized Tax Benefits [Roll Forward]      
Balance, January 1 $ 349 $ 380 $ 589
Additions for tax positions of the current year 8 10 13
Additions for tax positions of prior years 8 14 22
Reductions for tax positions of prior years (2) (52) (56)
Settlements during the period (251) (3) (188)
Lapses of applicable statute of limitation 0 0 0
Balance, December 31 $ 112 $ 349 $ 380
v3.25.4
SEGMENT INFORMATION - Narrative (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]      
Number Of Reportable Segments Not Disclosed Flag reportable segments    
Net sales $ 15,524 $ 16,607 $ 19,455
North America | Revenue Benchmark | Customer Concentration Risk      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Concentration risk (as percent) 15.00% 13.00% 13.00%
North America | Accounts Receivable Benchmark | Customer Concentration Risk      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Concentration risk (as percent) 44.00% 38.00%  
United States      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net sales $ 10,100 $ 10,100 $ 10,500
Brazil      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Net sales $ 2,400 $ 2,500 $ 2,400
v3.25.4
SEGMENT INFORMATION - Schedule of Performance by Operating Segment Information (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Net sales $ 15,524 $ 16,607 $ 19,455
Cost of Products Sold 13,138 14,026 16,285
Other segment expenses/(income) 1,563 2,518 2,254
EBIT 824 63 916
Total assets 16,001 16,301 17,312
Capital expenditures 389 451 549
Depreciation and amortization 338 333 361
Operating Segments | MDA North America      
Segment Reporting Information [Line Items]      
Net sales 10,158 10,236 10,761
Cost of Products Sold 8,815 8,784 8,927
Other segment expenses/(income) 845 787 826
EBIT 499 665 1,008
Total assets 9,994 9,693 10,216
Capital expenditures 184 178 216
Depreciation and amortization 189 175 200
Operating Segments | MDA Latin America      
Segment Reporting Information [Line Items]      
Net sales 3,272 3,498 3,352
Cost of Products Sold 2,812 2,966 2,853
Other segment expenses/(income) 259 287 312
EBIT 201 245 187
Total assets 3,962 3,813 4,037
Capital expenditures 156 181 133
Depreciation and amortization 62 63 66
Operating Segments | MDA Europe      
Segment Reporting Information [Line Items]      
Net sales 0 804 3,403
Cost of Products Sold 0 726 3,053
Other segment expenses/(income) 0 87 325
EBIT 0 (9) 25
Total assets 0 0 685
Capital expenditures 0 22 104
Depreciation and amortization 0 0 0
Operating Segments | SDA Global      
Segment Reporting Information [Line Items]      
Net sales 1,108 1,013 970
Cost of Products Sold 700 659 640
Other segment expenses/(income) 231 209 191
EBIT 177 145 139
Total assets 1,248 1,087 1,134
Capital expenditures 18 14 16
Depreciation and amortization 18 17 13
Other      
Segment Reporting Information [Line Items]      
Net sales 986 1,056 969
Cost of Products Sold 811 891 812
Other segment expenses/(income) 228 1,148 600
EBIT (53) (983) (443)
Total assets 8,474 9,013 17,165
Capital expenditures 31 56 80
Depreciation and amortization 69 78 82
Intersegment sales      
Segment Reporting Information [Line Items]      
Net sales (1,455) (1,420) (1,864)
Intersegment sales | MDA North America      
Segment Reporting Information [Line Items]      
Net sales 109 117 210
Intersegment sales | MDA Latin America      
Segment Reporting Information [Line Items]      
Net sales 1,305 1,224 1,530
Intersegment sales | MDA Europe      
Segment Reporting Information [Line Items]      
Net sales 0 23 81
Intersegment sales | SDA Global      
Segment Reporting Information [Line Items]      
Net sales 1 13 0
Corporate and reconciling items and intersegment eliminations      
Segment Reporting Information [Line Items]      
Net sales 39 43 43
Eliminations      
Segment Reporting Information [Line Items]      
Total assets $ (7,677) $ (7,305) $ (15,925)
v3.25.4
SEGMENT INFORMATION - Schedule of Long-Lived Assets by Geographical Area (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Revenues from External Customers and Long-Lived Assets [Line Items]    
Long-lived assets $ 2,990 $ 3,115
United States    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Long-lived assets 2,059 1,986
Mexico    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Long-lived assets 555 522
All Other Countries    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Long-lived assets $ 376 $ 607
v3.25.4
SEGMENT INFORMATION - Schedule of Reconciling Items in Other for Total EBIT (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Restructuring charges $ (63) $ (79) $ (16)
(Loss) gain on sale and disposal of businesses 280 (264) (106)
Impairment of goodwill and other intangibles (106) (381) 0
Equity method investment income (loss) (34) (107) (28)
Total EBIT 824 63 916
Other      
Segment Reporting Information [Line Items]      
Restructuring charges (63) (79) (16)
(Loss) gain on sale and disposal of businesses 280 (264) (106)
Impairment of goodwill and other intangibles (106) (381) 0
Equity method investment income (loss) (34) (107) (28)
Legacy EMEA legal matters (2) 2 (94)
MDA Asia 50 41 22
Corporate expenses and other (179) (195) (221)
Total EBIT $ (53) $ (983) $ (443)
v3.25.4
SEGMENT INFORMATION - Schedule of Reconciliation of Segment Information for Total EBIT (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting [Abstract]      
Operating profit $ 838 $ 143 $ 1,015
Interest and sundry (income) expense (20) (27) 71
Equity method investment income (loss), net of tax (34) (107) (28)
Total EBIT 824 63 916
Interest expense 341 358 351
Income tax expense 142 10 77
Net earnings (loss) 341 (305) 488
Less: Net earnings (loss) available to noncontrolling interests 23 18 7
Net earnings (loss) available to Whirlpool $ 318 $ (323) $ 481
v3.25.4
ACQUISITIONS AND DIVESTITURES - Whirlpool India Share Sale Narrative (Details)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Nov. 28, 2025
USD ($)
Feb. 20, 2024
USD ($)
shares
Dec. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Nov. 30, 2025
Nov. 26, 2025
Oct. 30, 2024
Feb. 19, 2024
Nov. 30, 2023
transaction
Business Combination [Line Items]                      
Gain on disposal of businesses       $ 280 $ (264) $ (106)          
Disposed of by Sale | Whirlpool India                      
Business Combination [Line Items]                      
Gain on disposal of businesses     $ 251 $ 251              
Fair value of interest retained $ 599                    
carrying value of non-controlling interest 278                    
Consideration received from sale of shares 166                    
Carrying value of net assets 378                    
Goodwill 217                    
Cumulative foreign currency translation adjustments 187                    
Divestment costs $ 10                    
Disposed of by Sale | Whirlpool India | Variable Interest Entity, Primary Beneficiary | Elica PB India                      
Business Combination [Line Items]                      
Equity interest percentage     97.00% 97.00%              
Whirlpool India                      
Business Combination [Line Items]                      
Subsidiary, ownership percentage, for sale (as percent)                     24.00%
Sale of minority interest in subsidiary (in shares) | shares   30.4                  
Subsidiary, ownership percentage 40.00% 51.00%       75.00% 40.00% 51.00% 51.00% 75.00%  
Equity transactions of noncontrolling interest   $ 462                  
Whirlpool India | Disposed of by Sale | Whirlpool India                      
Business Combination [Line Items]                      
Subsidiary, ownership percentage, for sale (as percent)     11.00% 11.00%              
Proceeds from sale     $ 166 $ 166              
Whirlpool India | Minimum                      
Business Combination [Line Items]                      
Number of intended transactions | transaction                     1
v3.25.4
ACQUISITIONS AND DIVESTITURES - Schedule of Carrying Amounts of Major Classes of India’s Assets and Liabilities (Details) - Disposed of by Sale - Whirlpool India
$ in Millions
Dec. 31, 2024
USD ($)
Disposal Group, Including Discontinued Operation, Assets [Abstract]  
Cash and cash equivalents $ 292
Accounts receivable, net of allowance of $2 42
Allowance for doubtful accounts 2
Inventories 126
Prepaid and other current assets 33
Property, net of accumulated depreciation of $162 88
Accumulated depreciation 162
Other noncurrent assets 70
Total assets 651
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]  
Accounts payable 118
Accrued expenses 83
Other current liabilities 24
Other noncurrent liabilities 70
Total liabilities $ 295
v3.25.4
ACQUISITIONS AND DIVESTITURES - Schedule of Earnings (Loss) Available Before Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disposed of by Sale | Whirlpool India      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Earnings (loss) before income taxes $ 40 $ 30 $ 8
Held-for-sale | European Major Domestic Appliance Business      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Earnings (loss) before income taxes $ 0 $ (9) $ 28
v3.25.4
ACQUISITIONS AND DIVESTITURES - Latin America Sale of Brastemp Water Filtration Subscription Business Narrative (Details)
R$ in Millions, $ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2024
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Jul. 01, 2024
USD ($)
Jul. 01, 2024
BRL (R$)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Gain on disposition of business   $ 280 $ (264) $ (106)    
Disposed of by Sale | Brastemp Water Filtration Subscription Business            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Disposal group, consideration         $ 52 R$ 294
Gain on disposition of business $ 34          
v3.25.4
ACQUISITIONS AND DIVESTITURES - European Major Domestic Appliance Business Held for Sale Narrative (Details)
3 Months Ended 12 Months Ended 30 Months Ended
Sep. 30, 2025
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2025
USD ($)
Apr. 01, 2024
Jan. 16, 2023
site
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Loss (gain) on sale and disposal of businesses     $ (280,000,000) $ 264,000,000 $ 106,000,000      
Released reserves $ 30,000,000              
Beko Europe B.V. | Arcelik B.V.                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Ownership percentage               75.00%
Beko Europe B.V.                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Equity interest percentage     25.00% 25.00%   25.00%   25.00%
Held-for-sale | European Major Domestic Appliance Business                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Number of production sites | site               9
Loss (gain) on sale and disposal of businesses   $ 1,500,000,000       $ 1,900,000,000    
Loss (gain) on write-down of assets   1,200,000,000            
Fair value of interest retained   139,000,000            
Gain on cumulative foreign currency translation adjustments   393,000,000            
Release of other comprehensive loss on pension   98,000,000            
Other transaction related costs   $ 18,000,000            
Goodwill     $ 0     $ 0    
Business disposition adjustments       $ 298,000,000 $ 106,000,000      
Disposed of by Sale | Beko Europe B.V. | Arcelik B.V.                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Ownership percentage             75.00%  
Disposed of by Sale | Beko Europe B.V.                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Equity interest percentage             25.00%  
v3.25.4
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Allowance for doubtful accounts      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Balance at  Beginning of Period $ 46 $ 47 $ 49
Charged to Cost and and Expenses 10 12 1
Deductions 0 (13) (3)
Balance at End of Period 56 46 47
Deferred tax valuation allowance      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Balance at  Beginning of Period 885 490 412
Charged to Cost and and Expenses 75 395 78
Deductions 0 0 0
Balance at End of Period $ 960 $ 885 $ 490