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v3.19.3.a.u2

Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The Company’s segment and geographic results are as follows at and for the years ended December 31, (in millions):
| 2019
| Appliances and Cookware |  | Food and Commercial |  | Home and Outdoor Living |  | Learning and Development |  | Corporate |  | Restructuring Costs |  | Consolidated
Net sales (1) | $ | 1,691.0 |  |  | $ | 2,243.9 |  |  | $ | 2,823.4 |  |  | $ | 2,956.6 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,714.9 |
Operating income (loss) (2) | (535.3 | ) |  | (42.3 | ) |  | (173.2 | ) |  | 587.2 |  |  | (291.0 | ) |  | (27.1 | ) |  | (481.7 | )
Other segment data: |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets | $ | 1,467.9 |  |  | $ | 3,794.7 |  |  | $ | 3,833.0 |  |  | $ | 4,800.2 |  |  | $ | 1,746.2 |  |  | $ | — |  |  | $ | 15,642.0 |
Capital expenditures | 17.1 |  |  | 49.3 |  |  | 54.2 |  |  | 68.4 |  |  | 58.6 |  |  | — |  |  | 247.6 |
Depreciation and amortization | 23.5 |  |  | 134.6 |  |  | 91.5 |  |  | 67.2 |  |  | 129.2 |  |  | — |  |  | 446.0 |
| 2018
| Appliances and Cookware |  | Food and Commercial |  | Home and Outdoor Living |  | Learning and Development |  | Other |  | Corporate |  | Restructuring Costs |  | Consolidated
Net sales (1) | $ | 1,818.6 |  |  | $ | 2,403.6 |  |  | $ | 2,946.7 |  |  | $ | 2,981.6 |  |  | $ | 3.5 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,154.0 |
Operating income (loss) (2) | (1,596.3 | ) |  | (1,458.9 | ) |  | (4,237.7 | ) |  | 237.9 |  |  | 3.8 |  |  | (416.0 | ) |  | (86.8 | ) |  | (7,554.0 | )
Other segment data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets | $ | 2,134.5 |  |  | $ | 4,209.4 |  |  | $ | 4,103.2 |  |  | $ | 4,882.1 |  |  | $ | — |  |  | $ | 1,149.4 |  |  | $ | — |  |  | $ | 16,478.6 |
Capital expenditures | 23.2 |  |  | 59.7 |  |  | 51.2 |  |  | 54.5 |  |  | — |  |  | 74.7 |  |  | — |  |  | 263.3 |
Depreciation and amortization | 23.0 |  |  | 64.3 |  |  | 94.7 |  |  | 74.3 |  |  | — |  |  | 115.6 |  |  | — |  |  | 371.9 |
| 2017
| Appliances and Cookware |  | Food and Commercial |  | Home and Outdoor Living |  | Learning and Development |  | Other |  | Corporate |  | Restructuring Costs |  | Consolidated
Net sales (1) | $ | 2,006.9 |  |  | $ | 2,532.6 |  |  | $ | 3,114.1 |  |  | $ | 3,269.0 |  |  | $ | 247.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 11,170.4 |
Operating income (loss) (2) | 170.6 |  |  | 373.2 |  |  | 278.0 |  |  | 544.8 |  |  | (75.1 | ) |  | (489.4 | ) |  | (95.3 | ) |  | 706.8 |
Other segment data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | $ | 11.2 |  |  | 33.8 |  |  | $ | 54.9 |  |  | $ | 8.2 |  |  | $ | 7.4 |  |  | $ | 176.2 |  |  | $ | — |  |  | $ | 291.7 |
Depreciation and amortization | 26.3 |  |  | 93.6 |  |  | 105.6 |  |  | 68.8 |  |  | 4.6 |  |  | 101.7 |  |  | — |  |  | 400.6 |
Schedule of Geographic Area Information |
Geographic Area Information |  |  |  |  |
| 2019 |  | 2018 |  | 2017
Net Sales (1) (3) |  |  |  |  |
United States | $ | 6,497.4 |  |  | $ | 6,808.1 |  |  | $ | 7,568.0 |
Canada | 422.7 |  |  | 455.5 |  |  | 507.2 |
Total North America | 6,920.1 |  |  | 7,263.6 |  |  | 8,075.2 |
Europe, Middle East and Africa | 1,397.8 |  |  | 1,462.9 |  |  | 1,586.5 |
Latin America | 702.3 |  |  | 709.2 |  |  | 756.1 |
Asia Pacific | 694.7 |  |  | 718.3 |  |  | 752.6 |
Total International | 2,794.8 |  |  | 2,890.4 |  |  | 3,095.2 |
| $ | 9,714.9 |  |  | $ | 10,154.0 |  |  | $ | 11,170.4 |
Sales to Walmart Inc. and subsidiaries amounted to approximately 14.6%, 14.6% and 14.8% of consolidated net sales in 2019, 2018 and 2017, respectively, substantially across all segments.
(1) | All intercompany transactions have been eliminated.
(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 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.
Summary of Disaggregation of Revenue by Major Product Grouping Source and Geography | The following table disaggregates revenue by major product grouping source and geography for the years ended December 31, (in millions):
| 2019
| Appliances and Cookware |  | Food and Commercial |  | Home and Outdoor Living |  | Learning and Development |  | Total
Appliances and Cookware | $ | 1,691.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,691.0 |
Food | — |  |  | 841.4 |  |  | — |  |  | — |  |  | 841.4 |
Commercial | — |  |  | 1,402.5 |  |  | — |  |  | — |  |  | 1,402.5 |
Connected Home and Security | — |  |  | — |  |  | 376.8 |  |  | — |  |  | 376.8 |
Home Fragrance | — |  |  | — |  |  | 1,033.1 |  |  | — |  |  | 1,033.1 |
Outdoor and Recreation | — |  |  | — |  |  | 1,413.5 |  |  | — |  |  | 1,413.5 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 1,111.6 |  |  | 1,111.6 |
Writing | — |  |  | — |  |  | — |  |  | 1,845.0 |  |  | 1,845.0 |
Total | $ | 1,691.0 |  |  | $ | 2,243.9 |  |  | $ | 2,823.4 |  |  | $ | 2,956.6 |  |  | $ | 9,714.9 |
North America | $ | 1,100.6 |  |  | $ | 1,656.8 |  |  | $ | 2,071.2 |  |  | $ | 2,091.5 |  |  | $ | 6,920.1 |
International | 590.4 |  |  | 587.1 |  |  | 752.2 |  |  | 865.1 |  |  | 2,794.8 |
Total | $ | 1,691.0 |  |  | $ | 2,243.9 |  |  | $ | 2,823.4 |  |  | $ | 2,956.6 |  |  | $ | 9,714.9 |
| 2018
| Appliances and Cookware |  | Food and Commercial |  | Home and Outdoor Living |  | Learning and Development |  | Other |  | Total
Appliances and Cookware | $ | 1,818.6 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,818.6 |
Food | — |  |  | 880.5 |  |  | — |  |  | — |  |  | — |  |  | 880.5 |
Commercial | — |  |  | 1,523.1 |  |  | — |  |  | — |  |  | — |  |  | 1,523.1 |
Connected Home and Security | — |  |  | — |  |  | 376.5 |  |  | — |  |  | — |  |  | 376.5 |
Home Fragrance | — |  |  | — |  |  | 1,054.5 |  |  | — |  |  | — |  |  | 1,054.5 |
Outdoor and Recreation | — |  |  | — |  |  | 1,515.7 |  |  | — |  |  | — |  |  | 1,515.7 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 1,132.9 |  |  | — |  |  | 1,132.9 |
Writing | — |  |  | — |  |  | — |  |  | 1,848.7 |  |  | — |  |  | 1,848.7 |
Other | — |  |  | — |  |  | — |  |  | — |  |  | 3.5 |  |  | 3.5 |
Total | $ | 1,818.6 |  |  | $ | 2,403.6 |  |  | $ | 2,946.7 |  |  | $ | 2,981.6 |  |  | $ | 3.5 |  |  | $ | 10,154.0 |
North America | $ | 1,215.2 |  |  | $ | 1,788.2 |  |  | $ | 2,174.7 |  |  | $ | 2,082.4 |  |  | $ | 3.1 |  |  | $ | 7,263.6 |
International | 603.4 |  |  | 615.4 |  |  | 772.0 |  |  | 899.2 |  |  | 0.4 |  |  | 2,890.4 |
Total | $ | 1,818.6 |  |  | $ | 2,403.6 |  |  | $ | 2,946.7 |  |  | $ | 2,981.6 |  |  | $ | 3.5 |  |  | $ | 10,154.0 |
| 2017
| Appliances and Cookware |  | Food and Commercial |  | Home and Outdoor Living |  | Learning and Development |  | Other |  | Total
Appliances and Cookware | $ | 2,006.9 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,006.9 |
Food | — |  |  | 914.1 |  |  | — |  |  | — |  |  | — |  |  | 914.1 |
Commercial | — |  |  | 1,618.5 |  |  | — |  |  | — |  |  | — |  |  | 1,618.5 |
Connected Home and Security | — |  |  | — |  |  | 355.7 |  |  | — |  |  | — |  |  | 355.7 |
Home Fragrance | — |  |  | — |  |  | 1,063.4 |  |  | — |  |  | — |  |  | 1,063.4 |
Outdoor and Recreation | — |  |  | — |  |  | 1,695.0 |  |  | — |  |  | — |  |  | 1,695.0 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 1,285.2 |  |  | — |  |  | 1,285.2 |
Writing | — |  |  | — |  |  | — |  |  | 1,983.8 |  |  | — |  |  | 1,983.8 |
Other | — |  |  | — |  |  | — |  |  | — |  |  | 247.8 |  |  | 247.8 |
Total | $ | 2,006.9 |  |  | $ | 2,532.6 |  |  | $ | 3,114.1 |  |  | $ | 3,269.0 |  |  | $ | 247.8 |  |  | $ | 11,170.4 |
North America | 1,390.6 |  |  | 1,935.9 |  |  | 2,315.7 |  |  | 2,271.6 |  |  | 161.4 |  |  | 8,075.2 |
International | 616.3 |  |  | 596.7 |  |  | 798.4 |  |  | 997.4 |  |  | 86.4 |  |  | 3,095.2 |
Total | $ | 2,006.9 |  |  | $ | 2,532.6 |  |  | $ | 3,114.1 |  |  | $ | 3,269.0 |  |  | $ | 247.8 |  |  | $ | 11,170.4 |

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