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v3.20.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Selected information by segment is presented in the following tables (in millions):
|  | Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Net sales (1) |  |  |  |  |  |  |  |
Appliances and Cookware |  | $ | 359 |  |  | $ | 362 |  |  | $ | 650 |  |  | $ | 692 |
Commercial Solutions |  | 413 |  |  | 454 |  |  | 826 |  |  | 868 |
Home Solutions |  | 355 |  |  | 372 |  |  | 702 |  |  | 743 |
Learning and Development |  | 631 |  |  | 849 |  |  | 1,159 |  |  | 1,430 |
Outdoor and Recreation |  | 353 |  |  | 443 |  |  | 660 |  |  | 789 |
|  | $ | 2,111 |  |  | $ | 2,480 |  |  | $ | 3,997 |  |  | $ | 4,522 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Appliances and Cookware |  | $ | 10 |  |  | $ | 6 |  |  | $ | (298) |  |  | $ | 2 |
Commercial Solutions |  | 40 |  |  | 53 |  |  | (232) |  |  | 45 |
Home Solutions |  | 29 |  |  | 4 |  |  | (262) |  |  | (1) |
Learning and Development |  | 126 |  |  | 217 |  |  | 131 |  |  | 306 |
Outdoor and Recreation |  | 25 |  |  | 40 |  |  | (449) |  |  | 52 |
Corporate |  | (59) |  |  | (81) |  |  | (125) |  |  | (142) |
Restructuring |  | (8) |  |  | (8) |  |  | (10) |  |  | (19) |
|  | $ | 163 |  |  | $ | 231 |  |  | $ | (1,245) |  |  | $ | 243 |
|  |  |  |  |  | June 30, 2020 |  | December 31, 2019
Segment assets |  |  |  |  |  |  |  |
Appliances and Cookware |  |  |  |  |  | $ | 1,097 |  |  | $ | 1,468 |
Commercial Solutions |  |  |  |  |  | 2,394 |  |  | 2,731 |
Home Solutions |  |  |  |  |  | 3,027 |  |  | 3,327 |
Learning and Development |  |  |  |  |  | 5,170 |  |  | 4,800 |
Outdoor and Recreation |  |  |  |  |  | 1,217 |  |  | 1,570 |
Corporate |  |  |  |  |  | 1,352 |  |  | 1,746 |
|  |  |  |  |  | $ | 14,257 |  |  | $ | 15,642 |
|  | Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Impairment of goodwill and indefinite-lived intangibles assets (3) |  |  |  |  |  |  |  |
Appliances and Cookware |  | $ | — |  |  | $ | — |  |  | $ | 299 |  |  | $ | — |
Commercial Solutions |  | — |  |  | 11 |  |  | 320 |  |  | 74 |
Home Solutions |  | — |  |  | — |  |  | 290 |  |  | — |
Learning and Development |  | — |  |  | — |  |  | 78 |  |  | — |
Outdoor and Recreation |  | — |  |  | — |  |  | 482 |  |  | — |
|  | $ | — |  |  | $ | 11 |  |  | $ | 1,469 |  |  | $ | 74 |
(1)All intercompany transactions have been eliminated. (2)Operating income (loss) by segment is net sales less cost of products sold, SG&A and impairment of goodwill, intangibles and other assets for continuing operations. Certain Corporate expenses of an operational nature are allocated to business segments primarily on a net sales basis. Corporate depreciation and amortization is allocated to the segments on a percentage of sales basis, and included in segment operating income. (3)During the six months ended June 30, 2020, the Company recorded impairment charges to reflect impairment of intangible assets related to certain of the Company’s indefinite-lived trade names and goodwill. During the six months ended June 30, 2019, the Company recorded an impairment charge to reflect a decrease in the carrying values of Mapa/Spontex and Quickie while these businesses were classified as held for sale. See Footnote 7 for further information.
Summary of Disaggregation of Revenue by Major Product Grouping Source and Geography | The following tables disaggregates revenue by major product grouping source and geography for the periods indicated (in millions):
| Three Months Ended June 30, 2020 |  |  |  |  |  |  |  |  |  |
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 359 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 359 |
Commercial | — |  |  | 357 |  |  | — |  |  | — |  |  | — |  |  | 357 |
Connected Home Security | — |  |  | 56 |  |  | — |  |  | — |  |  | — |  |  | 56 |
Food | — |  |  | — |  |  | 253 |  |  | — |  |  | — |  |  | 253 |
Home Fragrance | — |  |  | — |  |  | 102 |  |  | — |  |  | — |  |  | 102 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 239 |  |  | — |  |  | 239 |
Writing | — |  |  | — |  |  | — |  |  | 392 |  |  | — |  |  | 392 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 353 |  |  | 353 |
Total | $ | 359 |  |  | $ | 413 |  |  | $ | 355 |  |  | $ | 631 |  |  | $ | 353 |  |  | $ | 2,111 |
North America | $ | 223 |  |  | $ | 304 |  |  | $ | 300 |  |  | $ | 490 |  |  | $ | 218 |  |  | $ | 1,535 |
International | 136 |  |  | 109 |  |  | 55 |  |  | 141 |  |  | 135 |  |  | 576 |
Total | $ | 359 |  |  | $ | 413 |  |  | $ | 355 |  |  | $ | 631 |  |  | $ | 353 |  |  | $ | 2,111 |
| Three Months Ended June 30, 2019 |  |  |  |  |  |  |  |  |  |
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 362 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 362 |
Commercial | — |  |  | 364 |  |  | — |  |  | — |  |  | — |  |  | 364 |
Connected Home Security | — |  |  | 90 |  |  | — |  |  | — |  |  | — |  |  | 90 |
Food | — |  |  | — |  |  | 200 |  |  | — |  |  | — |  |  | 200 |
Home Fragrance | — |  |  | — |  |  | 172 |  |  | — |  |  | — |  |  | 172 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 290 |  |  | — |  |  | 290 |
Writing | — |  |  | — |  |  | — |  |  | 559 |  |  | — |  |  | 559 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 443 |  |  | 443 |
Total | $ | 362 |  |  | $ | 454 |  |  | $ | 372 |  |  | $ | 849 |  |  | $ | 443 |  |  | $ | 2,480 |
North America | $ | 220 |  |  | $ | 345 |  |  | $ | 296 |  |  | $ | 630 |  |  | $ | 277 |  |  | $ | 1,768 |
International | 142 |  |  | 109 |  |  | 76 |  |  | 219 |  |  | 166 |  |  | 712 |
Total | $ | 362 |  |  | $ | 454 |  |  | $ | 372 |  |  | $ | 849 |  |  | $ | 443 |  |  | $ | 2,480 |
| Six Months Ended June 30, 2020 |  |  |  |  |  |  |  |  |  |
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 650 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 650 |
Commercial | — |  |  | 693 |  |  | — |  |  | — |  |  | — |  |  | 693 |
Connected Home Security | — |  |  | 133 |  |  | — |  |  | — |  |  | — |  |  | 133 |
Food | — |  |  | — |  |  | 437 |  |  | — |  |  | — |  |  | 437 |
Home Fragrance | — |  |  | — |  |  | 265 |  |  | — |  |  | — |  |  | 265 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 483 |  |  | — |  |  | 483 |
Writing | — |  |  | — |  |  | — |  |  | 676 |  |  | — |  |  | 676 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 660 |  |  | 660 |
Total | $ | 650 |  |  | $ | 826 |  |  | $ | 702 |  |  | $ | 1,159 |  |  | $ | 660 |  |  | $ | 3,997 |
North America | $ | 407 |  |  | $ | 606 |  |  | $ | 567 |  |  | $ | 864 |  |  | $ | 410 |  |  | $ | 2,854 |
International | 243 |  |  | 220 |  |  | 135 |  |  | 295 |  |  | 250 |  |  | 1,143 |
Total | $ | 650 |  |  | $ | 826 |  |  | $ | 702 |  |  | $ | 1,159 |  |  | $ | 660 |  |  | $ | 3,997 |
| Six Months Ended June 30, 2019 |  |  |  |  |  |  |  |  |  |
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 692 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 692 |
Commercial | — |  |  | 694 |  |  | — |  |  | — |  |  | — |  |  | 694 |
Connected Home Security | — |  |  | 174 |  |  | — |  |  | — |  |  | — |  |  | 174 |
Food | — |  |  | — |  |  | 375 |  |  | — |  |  | — |  |  | 375 |
Home Fragrance | — |  |  | — |  |  | 368 |  |  | — |  |  | — |  |  | 368 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 526 |  |  | — |  |  | 526 |
Writing | — |  |  | — |  |  | — |  |  | 904 |  |  | — |  |  | 904 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 789 |  |  | 789 |
Total | $ | 692 |  |  | $ | 868 |  |  | $ | 743 |  |  | $ | 1,430 |  |  | $ | 789 |  |  | $ | 4,522 |
North America | $ | 434 |  |  | $ | 652 |  |  | $ | 579 |  |  | $ | 1,021 |  |  | $ | 490 |  |  | $ | 3,176 |
International | 258 |  |  | 216 |  |  | 164 |  |  | 409 |  |  | 299 |  |  | 1,346 |
Total | $ | 692 |  |  | $ | 868 |  |  | $ | 743 |  |  | $ | 1,430 |  |  | $ | 789 |  |  | $ | 4,522 |

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