WHR » Topics » Interest Expense

This excerpt taken from the WHR 10-Q filed Apr 27, 2009.

Interest Expense

Interest expense increased $13 million when compared to the same period in the prior year. Higher interest expense is primarily due to interest charges related to entering into a foreign operating tax settlement. See Note 5 to the Consolidated Condensed Financial Statements for additional information regarding the foreign operating tax settlement.

This excerpt taken from the WHR DEF 14A filed Mar 2, 2009.

Interest Expense

Interest expense in 2008 was consistent as compared to 2007 as higher debt levels were offset by lower interest rates. Interest expense in 2007 increased $1 million as compared to 2006. For nine months in 2006, we incurred higher debt levels associated with debt assumed and issued for the Maytag acquisition which was offset by lower debt levels at lower interest rates during 2007.

 

F-6


Table of Contents

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND

RESULTS OF OPERATIONS—(CONTINUED)

 

This excerpt taken from the WHR 10-K filed Feb 19, 2009.

Interest Expense

Interest expense in 2008 was consistent as compared to 2007 as higher debt levels were offset by lower interest rates. Interest expense in 2007 increased $1 million as compared to 2006. For nine months in 2006, we incurred higher debt levels associated with debt assumed and issued for the Maytag acquisition which was offset by lower debt levels at lower interest rates during 2007.

 

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MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND

RESULTS OF OPERATIONS—(CONTINUED)

 

This excerpt taken from the WHR 10-Q filed Oct 28, 2008.

Interest Expense

Interest expense was consistent for the three and nine months ended September 30, 2008 when compared to the same periods one year ago as higher debt levels were offset by lower interest rates.

This excerpt taken from the WHR 10-Q filed Jul 23, 2008.

Interest Expense

Interest expense was consistent for the three and six months ended June 30, 2008 when compared to the same periods one year ago as higher debt levels were offset by lower interest rates.

This excerpt taken from the WHR 10-Q filed Apr 24, 2008.

Interest Expense

Interest expense decreased $1.1 million when compared to the same period one year ago. The decrease in interest expense is primarily due to lower interest rates offset by higher debt levels in 2008 as compared to 2007.

This excerpt taken from the WHR DEF 14A filed Mar 3, 2008.

Interest Expense

Interest expense in 2007 increased $1 million as compared to 2006. For nine months in 2006, we incurred higher debt levels associated with debt assumed and issued for the Maytag acquisition which was offset by lower debt levels at lower interest rates during 2007. Interest expense in 2006 increased $72 million as compared to 2005. The increase primarily reflects debt service associated with debt assumed and issued to acquire Maytag.

This excerpt taken from the WHR 10-K filed Feb 22, 2008.

Interest Expense

Interest expense in 2007 increased $1 million as compared to 2006. For nine months in 2006, we incurred higher debt levels associated with debt assumed and issued for the Maytag acquisition which was offset by lower debt levels at lower interest rates during 2007. Interest expense in 2006 increased $72 million as compared to 2005. The increase primarily reflects debt service associated with debt assumed and issued to acquire Maytag.

This excerpt taken from the WHR 10-Q filed Oct 30, 2007.

Interest Expense

Interest expense decreased $15 million for the quarter and $1 million for the year to date period, respectively, when compared to the prior year periods. The decrease in interest expense for the quarter ended September 30, 2007 is primarily due to a lower post-acquisition debt level and the effect of new debt which was issued at lower interest rates to replace maturing and early-called debt during 2006 as well as an interest payment made related to a tax settlement which occurred during the third quarter of 2006.

 

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MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS – (CONTINUED)

 

This excerpt taken from the WHR 10-Q filed Jul 27, 2007.

Interest Expense

Interest expense decreased $7 million for the quarter and increased $14 million for the year to date period, respectively, when compared to the prior year periods. The decrease in interest expense for the quarter ended June 30, 2007 is primarily due to a lower post-acquisition debt level and the effect of new debt which was issued at lower interest rates to replace maturing and early-called debt during 2006. The increase in interest expense for the year to date period ended June 30, 2007 is primarily due to the increase in debt

 

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MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS – (CONTINUED)

 

associated with the acquisition of Maytag, offset partially by the favorable impact of new debt which was issued at lower interest rates to replace maturing and debt called before maturity.

This excerpt taken from the WHR 10-Q filed Apr 30, 2007.

Interest Expense

Interest expense increased $21 million when compared to the same period one year ago. The increase in interest expense is primarily due to the acquisition of Maytag.

This excerpt taken from the WHR DEF 14A filed Mar 12, 2007.

INTEREST EXPENSE

 

Interest expense in 2006 increased $72 million as compared to 2005. The increase primarily reflects debt issued to acquire Maytag, as well as debt assumed from the acquisition. (See Note 8 to the Consolidated Financial Statements.) Interest expense in 2005 increased $2 million as compared to 2004. The increase was due primarily to higher interest rates and a shift in global borrowing positions.

 

This excerpt taken from the WHR 10-K filed Feb 28, 2007.

INTEREST EXPENSE

 

Interest expense in 2006 increased $72 million as compared to 2005. The increase primarily reflects debt issued to acquire Maytag, as well as debt assumed from the acquisition. (See Note 8 to the Consolidated Financial Statements.) Interest expense in 2005 increased $2 million as compared to 2004. The increase was due primarily to higher interest rates and a shift in global borrowing positions.

 

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