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Segment Information (Tables)

12 Months Ended

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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