{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-008823","form_type":"8-K","ticker":"WHR","cik":"0000106640","company_name":"WHIRLPOOL CORP /DE/","filed_at":"2023-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.755870+00:00","generated_at":"2026-06-20T14:29:29.932947+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Whirlpool contributes European MDA business to JV with Arçelik; preliminary 2022 GAAP loss of $27.50/share","bullets":["Contribution agreement: Whirlpool contributes European major domestic appliance biz to NewCo for 25% stake; Arçelik contributes its biz for 75%. Close expected H2 2023.","Separately agreed in principle to sell Middle East & Africa business to Arçelik.","Preliminary FY2022: net sales ~$19.7B, GAAP net loss ~$1.535B (incl. ~$1.5B non-cash loss on disposal); ongoing EPS ~$19.25.","Transaction expected to deliver >$750M net present value of future cash flows and increase annual free cash flow by ~$250M post-close.","2023 outlook: supply constraints improving; similar operational performance to 2022; $500M net cost takeout; tax rate 14-16%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-008823","json":"https://secwatch.observer/filing/0001193125-23-008823.json","markdown":"https://secwatch.observer/filing/0001193125-23-008823.md","text":"https://secwatch.observer/filing/0001193125-23-008823.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106640/000119312523008823/0001193125-23-008823-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106640/000119312523008823/d438278d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T14:29:29.932947+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"605be881b41eab94c795165e5c65d89edfaa619c","claim":"WHIRLPOOL CORP /DE/ reported full-year ended December 31, 2022 results: revenue ~$ 19,700, net income ~$ (1,535), EPS ~$ (27.50).","evidence_excerpt":"Whirlpool Corporation announced its expectation for select preliminary unaudited results for its full-year ended December 31, 2022: Estimated Select Preliminary Full-Year 2022 Results and 2021 Comparison 2022 (Unaudited) 2021 Change Net Sales ($M) ~$ 19,700 $ 21,985 (10 )% GAAP net earnings (loss) ($M) ~$ (1,535 ) $ 1,783 nm Ongoing EBIT (2) ($M) ~$ 1,335 $ 2,379 (43 )% GAAP earnings (loss) per share ~$ (27.50 ) $ 28.36 nm Ongoing earnings (loss) per diluted share (2) ~$ 19.25 $ 26.59 (28 )%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106640/000119312523008823/0001193125-23-008823-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year ended December 31, 2022"},{"label":"Revenue","value":"~$ 19,700"},{"label":"Net income","value":"~$ (1,535)"},{"label":"EPS","value":"~$ (27.50)"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"ceda68f5fa1c4ced0d3ede6a725c28c8dc973c78","claim":"WHIRLPOOL CORP /DE/ entered into Contribution Agreement with Arçelik A.Ş (effective 2023-01-17).","evidence_excerpt":"Whirlpool Corporation (NYSE: WHR) today announced the completion of the strategic review of its Europe, Middle East and Africa (EMEA) business and entered into a definitive contribution agreement with Arçelik A.Ş (“Arcelik”) which significantly accelerates Whirlpool’s portfolio transformation.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106640/000119312523008823/0001193125-23-008823-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Arçelik A.Ş"},{"label":"Effective","value":"2023-01-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}