EXHIBIT 99 RATIOS OF EARNINGS TO FIXED CHARGES WHIRLPOOL CORPORATION AND SUBSIDIARIES (dollars in millions) Three Months Ended March 31, 1999 -------------------- Pretax earnings (4.2) Portion of rents representative of the interest factor 4.7 Interest on indebtedness 40.9 Amortization of debt expense and premium .2 WFC preferred stock dividend 1.0 ------------------ Adjusted income 42.6 ================== Fixed charges Portion of rents representative of the interest factor 4.7 Interest on indebtedness 40.9 Amortization of debt expense and premium 0.2 WFC preferred stock dividend 1.0 ------------------ 46.8 ================== Ratio of earnings to fixed charges .91 ================== Ratio of earnings to fixed charges at March 31, 1998 3.15 ==================