EXHIBIT 99 RATIOS OF EARNINGS TO FIXED CHARGES WHIRLPOOL CORPORATION AND SUBSIDIARIES (dollars in millions) Nine Months Ended September 30, 1999 ---------------------- Pretax earnings $ 331.9 Portion of rents representative of the interest factor 14.0 Interest on indebtedness 126.1 Amortization of debt expense and premium .5 WFC preferred stock dividend 2.9 -------- Adjusted income $ 475.4 ======== Fixed charges Portion of rents representative of the interest factor $ 14.0 Interest on indebtedness 126.1 Amortization of debt expense and premium 0.5 WFC preferred stock dividend 2.9 -------- $ 143.5 ======== Ratio of earnings to fixed charges 3.31 ======== Ratio of earnings to fixed charges at September 30, 1998 2.94 ======== 23