EXHIBIT 99 RATIOS OF EARNINGS TO FIXED CHARGES WHIRLPOOL CORPORATION AND SUBSIDIARIES (dollars in millions) Six Months Ended June 30, 1999 ---------------- Pretax earnings $ 161.7 Portion of rents representative of the interest factor 9.8 Interest on indebtedness 85.2 Amortization of debt expense and premium .3 WFC preferred stock dividend 1.9 ---------------- Adjusted income $ 258.9 ================ Fixed charges Portion of rents representative of the interest factor $ 9.8 Interest on indebtedness 85.2 Amortization of debt expense and premium 0.3 WFC preferred stock dividend 1.9 ---------------- $ 97.2 ================ Ratio of earnings to fixed charges 2.66 ================ Ratio of earnings to fixed charges at June 30, 1998 3.00 ================ 24