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Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2017
Segment Reporting [Abstract] |
Segment Information | FOOTNOTE 18 Segment Information In order to align reporting with the Company’s Growth Game Plan strategy and organization structure, effective January 1, 2017, the Company is reporting its financial results in five segments as Live, Learn, Work, Play and Other. This new structure reflects the manner in which the chief operating decision maker regularly assesses information for decision-making purposes, including the allocation of resources. All prior periods have been reclassified to conform to the current reporting structure. The Company’s reportable segments are as follows:
Segment |  | Key Brands |  | Description of Primary Products
Live |  | Aprica®, Baby Jogger®, Ball®, Calphalon®, Chesapeake Bay Candle®, Crock-Pot®, FoodSaver®, Graco®, Mr. Coffee®, NUK®, Oster®, Rubbermaid®, Sunbeam®, Sistema®, Tigex®, Woodwick®, Yankee Candle® |  | Household products, including kitchen appliances, gourmet cookware, bakeware and cutlery, food storage and home storage products, fresh preserving products, home fragrance products; baby gear, infant care and health products
Learn |  | Dymo®, Elmer’s®, Expo®, Jostens®, Mr. Sketch®, Paper Mate®, Parker®, Prismacolor®, Sharpie®, Waterman®, X-Acto® |  | Writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products; fine writing instruments, labeling solutions and custom commemorative jewelry and academic regalia
Work |  | Mapa®, Quickie®, Rubbermaid®, Rubbermaid Commercial Products®, Spontex®, Waddington |  | Cleaning and refuse products; hygiene systems; material handling solutions, consumer and commercial totes and commercial food service and premium tableware products
Play |  | Berkley®, Coleman®, Contigo®, Ex Officio®, Marmot®, Rawlings®, Shakespeare® |  | Products for outdoor and outdoor-related activities
Other |  | Jarden Plastic Solutions, Jarden Applied Materials, Jarden Zinc Products, Goody®, Bicycle®, Rainbow® |  | Plastic products including closures, contact lens packaging, medical disposables, plastic cutlery and rigid packaging, beauty products, vacuum cleaning systems and gaming products
The Company’s segment and geographic results are as follows as of and for the years ended December 31, (in millions):
|  | 2017 |
|  | Live |  |  | Learn |  |  | Work |  |  | Play |  |  | Other |  |  | Corporate |  |  | Restructuring Costs |  |  | Consolidated |
Net sales (1) |  | $ | 5,553.5 |  |  | $ | 2,773.9 |  |  | $ | 2,794.8 |  |  | $ | 2,583.9 |  |  | $ | 1,036.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,742.2 |
Operating income (loss) (2) |  |  | 571.6 |  |  |  | 511.1 |  |  |  | 415.0 |  |  |  | 264.9 |  |  |  | 11.0 |  |  |  | (436.0 | ) |  |  | (111.9 | ) |  |  | 1,225.7 |
Other segment data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | $ | 13,969.8 |  |  | $ | 5,699.5 |  |  | $ | 5,344.0 |  |  | $ | 4,813.3 |  |  | $ | 2,195.6 |  |  | $ | 1,113.3 |  |  | $ | — |  |  | $ | 33,135.5 |
Capital expenditures |  |  | 107.3 |  |  |  | 76.7 |  |  |  | 73.7 |  |  |  | 26.3 |  |  |  | 49.1 |  |  |  | 73.1 |  |  |  | — |  |  |  | 406.2 |
Depreciation and amortization |  |  | 150.4 |  |  |  | 123.4 |  |  |  | 113.5 |  |  |  | 70.2 |  |  |  | 72.9 |  |  |  | 105.2 |  |  |  | — |  |  |  | 635.6 |
|  | 2016 |
|  | Live |  |  | Learn |  |  | Work |  |  | Play |  |  | Other |  |  | Corporate |  |  | Restructuring Costs |  |  | Consolidated |
Net sales (1) |  | $ | 4,575.1 |  |  | $ | 2,539.4 |  |  | $ | 2,369.2 |  |  | $ | 1,871.1 |  |  | $ | 1,909.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 13,264.0 |
Operating income (loss) (2) |  |  | 475.7 |  |  |  | 540.5 |  |  |  | 297.5 |  |  |  | 41.3 |  |  |  | 182.3 |  |  |  | (362.3 | ) |  |  | (74.9 | ) |  |  | 1,100.1 |
Other segment data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | $ | 13,109.5 |  |  | $ | 5,584.5 |  |  | $ | 5,226.5 |  |  | $ | 4,840.6 |  |  | $ | 3,987.7 |  |  | $ | 1,088.7 |  |  | $ | — |  |  | $ | 33,837.5 |
Capital expenditures |  |  | 99.6 |  |  |  | 80.0 |  |  |  | 103.6 |  |  |  | 33.5 |  |  |  | 52.1 |  |  |  | 72.6 |  |  |  | — |  |  |  | 441.4 |
Depreciation and amortization |  |  | 98.6 |  |  |  | 84.6 |  |  |  | 82.8 |  |  |  | 54.8 |  |  |  | 73.2 |  |  |  | 43.2 |  |  |  | — |  |  |  | 437.2 |
|  | 2015 |
|  | Live |  |  | Learn |  |  | Work |  |  | Play |  |  | Other |  |  | Corporate |  |  | Restructuring Costs |  |  | Consolidated |
Net sales (1) |  | $ | 1,416.5 |  |  | $ | 1,792.9 |  |  | $ | 1,186.4 |  |  | $ | 293.5 |  |  | $ | 1,226.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,915.7 |
Operating income (loss) (2) |  |  | 182.3 |  |  |  | 435.2 |  |  |  | 125.8 |  |  |  | 30.7 |  |  |  | 136.3 |  |  |  | (231.7 | ) |  |  | (77.2 | ) |  |  | 601.4 |
Other segment data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 47.7 |  |  | $ | 39.5 |  |  | $ | 36.2 |  |  | $ | 5.4 |  |  | $ | 22.7 |  |  | $ | 58.7 |  |  | $ | — |  |  | $ | 210.2 |
Depreciation and amortization |  |  | 24.6 |  |  |  | 23.9 |  |  |  | 25.4 |  |  |  | 21.8 |  |  |  | 22.1 |  |  |  | 52.3 |  |  |  | — |  |  |  | 170.1 |
Geographic Area Information
|  | 2017 |  |  | 2016 |  |  | 2015 |
Net Sales (1) (3) |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 10,444.8 |  |  | $ | 9,518.4 |  |  | $ | 4,291.8 |
Canada |  |  | 850.8 |  |  |  | 720.1 |  |  |  | 249.8 |
Total North America |  |  | 11,295.6 |  |  |  | 10,238.5 |  |  |  | 4,541.6 |
Europe, Middle East and Africa |  |  | 1,833.8 |  |  |  | 1,659.0 |  |  |  | 591.1 |
Latin America |  |  | 771.4 |  |  |  | 643.6 |  |  |  | 408.5 |
Asia Pacific |  |  | 841.4 |  |  |  | 722.9 |  |  |  | 374.5 |
Total International |  |  | 3,446.6 |  |  |  | 3,025.5 |  |  |  | 1,374.1 |
|  | $ | 14,742.2 |  |  | $ | 13,264.0 |  |  | $ | 5,915.7 |
(1) | All intercompany transactions have been eliminated. Sales to Walmart Inc. and subsidiaries amounted to approximately 13.7%, 13.5% and 10.9% of consolidated net sales in 2017, 2016 and 2015, respectively, substantially across all segments.
(2) | Operating income (loss) by segment is net sales less cost of products sold and selling, general & administrative expenses (“SG&A”). Operating income by geographic area is net sales less cost of products sold, SG&A, impairment charges and restructuring costs. Certain headquarters expenses of an operational nature are allocated to business segments and geographic areas primarily on a net sales basis. Depreciation and amortization related to shared assets is allocated to the segments on a percentage of sales basis, and the allocated depreciation and amortization is included in segment operating income.
(3) | Geographic sales information is based on the region from which the products are shipped and invoiced. Long-lived assets by geography are not presented because it is impracticable to do so.
The following table summarizes the net sales by major product grouping for the years ended December 31, (in millions):
|  | 2017 |  |  | 2016 |  |  | 2015 |
Appliances & Cookware |  | $ | 2,006.9 |  |  | $ | 1,698.8 |  |  | $ | 232.0 |
Baby |  |  | 1,285.2 |  |  |  | 1,141.3 |  |  |  | 848.3 |
Home Fragrance |  |  | 1,071.4 |  |  |  | 776.6 |  |  |  | — |
Food |  |  | 1,190.0 |  |  |  | 958.2 |  |  |  | 336.2 |
Writing |  |  | 2,006.4 |  |  |  | 1,974.3 |  |  |  | 1,792.9 |
Jostens |  |  | 767.5 |  |  |  | 565.1 |  |  |  | — |
Consumer & Commercial Solutions |  |  | 1,639.2 |  |  |  | 1,563.9 |  |  |  | 1,186.4 |
Waddington |  |  | 799.9 |  |  |  | 549.8 |  |  |  | — |
Safety & Security |  |  | 355.7 |  |  |  | 255.8 |  |  |  | — |
Outdoor & Recreation |  |  | 1,695.0 |  |  |  | 1,259.8 |  |  |  | 293.5 |
Fishing |  |  | 555.7 |  |  |  | 405.9 |  |  |  | — |
Team Sports |  |  | 333.2 |  |  |  | 205.3 |  |  |  | — |
Other |  |  | 1,036.1 |  |  |  | 1,909.2 |  |  |  | 1,226.4 |
|  | $ | 14,742.2 |  |  | $ | 13,264.0 |  |  | $ | 5,915.7 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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