XML 49 R35.htm IDEA: XBRL DOCUMENT
v3.20.4

DIVESTITURES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | The major classes of line items constituting income from discontinued operations, net, in millions:
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Net sales | $ | 101 |  |  | $ | 1,528 |  |  | $ | 1,705 |
Cost of sales | 78 |  |  | 1,184 |  |  | 1,343 |
Gross profit | 23 |  |  | 344 |  |  | 362 |
Selling, general and administrative expenses | 28 |  |  | 232 |  |  | 228 |
Impairment charge for goodwill (A) | — |  |  | 7 |  |  | — |
Other income (expense), net | — |  |  | 1 |  |  | 1 |
(Loss) income from discontinued operations | (5) |  |  | 106 |  |  | 135 |
Gain on disposal of discontinued operations, net | 602 |  |  | 298 |  |  | — |
Income before income tax | 597 |  |  | 404 |  |  | 135 |
Income tax expense | (183) |  |  | (108) |  |  | (37) |
Income from discontinued operations, net | $ | 414 |  |  | $ | 296 |  |  | $ | 98 |
(A) In the first quarter of 2019, we recognized a $7 million non-cash goodwill impairment charge related to a decline in the long-term outlook of our windows and doors business in the United Kingdom. The carrying amount of major classes of assets and liabilities included as part of the Cabinetry discontinued operations and reported as held for sale, were as follows, in millions:
| December 31, 2019 |  |
Receivables | $ | 76 |  |  |
Prepaid expenses and other | 7 |  |  |
Inventories | 90 |  |  |
Property and equipment, net | 157 |  |  |
Operating lease right-of-use assets | 4 |  |  |
Goodwill | 181 |  |  |
Other intangible assets, net | 1 |  |  |
Other assets | 12 |  |  |
Total assets classified as held for sale | $ | 528 |  |  |
Accounts payable | $ | 103 |  |  |
Accrued liabilities | 46 |  |  |
Noncurrent operating lease liabilities | 3 |  |  |
Other liabilities | 10 |  |  |
Total liabilities classified as held for sale | $ | 162 |  |  |
Other selected financial information for Cabinetry, Milgard and UKWG during the period owned by us, were as follows, in millions:
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Depreciation and amortization | $ | — |  |  | $ | 29 |  |  | $ | 36 |
Capital expenditures | 1 |  |  | 34 |  |  | 38 |
ROU assets obtained in exchange for new lease obligations | — |  |  | 3 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration