EXHIBIT 99 RATIOS OF EARNINGS TO FIXED CHARGES WHIRLPOOL CORPORATION AND SUBSIDIARIES (dollars in millions) Six Months Ended June 30, 1998 ---------------- Pretax earnings $ 281.1 Portion of rents representative of the interest factor 9.1 Interest on indebtedness 127.6 Amortization of debt expense and premium .3 WFC preferred stock dividend 3.2 ----------- Adjusted income $ 421.3 =========== Fixed charges Portion of rents representative of the interest factor $ 9.1 Interest on indebtedness 127.6 Amortization of debt expense and premium 0.3 WFC preferred stock dividend 3.2 ----------- $ 140.2 =========== Ratio of earnings to fixed charges 3.00 =========== Appliance Business ratio of earnings to fixed charges at June 30, 1998 2.15 ===========