| (Millions of dollars, except per share data) |
| Year Ended December 31, |
2016 |
2015 |
2014 |
| Net sales |
20,718 |
20,891 |
19,872 |
| Expenses |
| Cost of products sold |
17,036 |
17,201 |
16,477 |
| Gross margin |
3,682 |
3,690 |
3,395 |
| Selling, general and administrative |
2,084 |
2,130 |
2,038 |
| Intangible amortization |
71 |
74 |
33 |
| Restructuring costs |
173 |
201 |
136 |
| Operating profit |
1,354 |
1,285 |
1,188 |
| Other (income) expenses |
| Interest and sundry income (expense) |
79 |
89 |
142 |
| Interest expense |
161 |
165 |
165 |
| Earnings before income taxes |
1,114 |
1,031 |
881 |
| Income tax expense |
186 |
209 |
189 |
| Net earnings |
928 |
822 |
692 |
| Less: Net earnings available to noncontrolling interests |
40 |
39 |
42 |
| Net earnings available to Whirlpool |
888 |
783 |
650 |
| Per share of common stock |
| Basic net earnings available to Whirlpool |
11.67 |
9.95 |
8.30 |
| Diluted net earnings available to Whirlpool |
11.50 |
9.83 |
8.17 |
| Weighted-average shares outstanding (in millions) |
| Basic |
76.1 |
78.7 |
78.3 |
| Diluted |
77.2 |
79.7 |
79.6 |
