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v3.20.2

Segment Information (Tables) | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Net sales (1) |  |  |  |  |  |  |  |
Appliances and Cookware |  | $ | 479 |  |  | $ | 430 |  |  | $ | 1,129 |  |  | $ | 1,122 |
Commercial Solutions |  | 535 |  |  | 475 |  |  | 1,361 |  |  | 1,343 |
Home Solutions |  | 574 |  |  | 484 |  |  | 1,276 |  |  | 1,227 |
Learning and Development |  | 728 |  |  | 824 |  |  | 1,887 |  |  | 2,254 |
Outdoor and Recreation |  | 383 |  |  | 356 |  |  | 1,043 |  |  | 1,145 |
|  | $ | 2,699 |  |  | $ | 2,569 |  |  | $ | 6,696 |  |  | $ | 7,091 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Appliances and Cookware |  | $ | 32 |  |  | $ | (595) |  |  | $ | (266) |  |  | $ | (593) |
Commercial Solutions |  | 84 |  |  | (216) |  |  | (148) |  |  | (171) |
Home Solutions |  | 112 |  |  | (112) |  |  | (150) |  |  | (113) |
Learning and Development |  | 159 |  |  | 182 |  |  | 290 |  |  | 488 |
Outdoor and Recreation |  | 40 |  |  | (41) |  |  | (409) |  |  | 11 |
Corporate |  | (60) |  |  | (72) |  |  | (185) |  |  | (214) |
Restructuring |  | (4) |  |  | (3) |  |  | (14) |  |  | (22) |
|  | $ | 363 |  |  | $ | (857) |  |  | $ | (882) |  |  | $ | (614) |
|  |  |  |  |  | September 30, 2020 |  | December 31, 2019
Segment assets |  |  |  |  |  |  |  |
Appliances and Cookware |  |  |  |  |  | $ | 1,204 |  |  | $ | 1,468 |
Commercial Solutions |  |  |  |  |  | 2,534 |  |  | 2,731 |
Home Solutions |  |  |  |  |  | 3,142 |  |  | 3,327 |
Learning and Development |  |  |  |  |  | 5,128 |  |  | 4,800 |
Outdoor and Recreation |  |  |  |  |  | 1,108 |  |  | 1,570 |
Corporate |  |  |  |  |  | 1,604 |  |  | 1,746 |
|  |  |  |  |  | $ | 14,720 |  |  | $ | 15,642 |
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Impairment of goodwill and indefinite-lived intangibles assets (3)
Appliances and Cookware |  | $ | — |  |  | $ | 609 |  |  | $ | 299 |  |  | $ | 609 |
Commercial Solutions |  | — |  |  | 236 |  |  | 320 |  |  | 310 |
Home Solutions |  | — |  |  | 158 |  |  | 290 |  |  | 158 |
Learning and Development |  | 2 |  |  | 1 |  |  | 80 |  |  | 1 |
Outdoor and Recreation |  | — |  |  | 67 |  |  | 482 |  |  | 67 |
|  | $ | 2 |  |  | $ | 1,071 |  |  | $ | 1,471 |  |  | $ | 1,145 |
(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 three and nine months ended September 30, 2020, as a result of a product line divestiture in the Learning and Development segment, the Company recorded impairment charges of $2 million to reflect impairment of an intangible asset related to certain of the segment’s indefinite-lived trade names. During the nine months ended September 30, 2020, the Company also recorded impairment charges to reflect impairment of intangible assets related to certain of the Company’s indefinite-lived trade names and goodwill. During the three months ended September 30, 2019, as a result of the Company’s annual other indefinite-lived intangible impairment testing, 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 nine months ended September 30, 2019 the Company also recorded an impairment charge to reflect a decrease in the carrying values of Mapa/Spontex and Quickie goodwill 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 September 30, 2020
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 479 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 479 |
Commercial | — |  |  | 416 |  |  | — |  |  | — |  |  | — |  |  | 416 |
Connected Home Security | — |  |  | 119 |  |  | — |  |  | — |  |  | — |  |  | 119 |
Food | — |  |  | — |  |  | 304 |  |  | — |  |  | — |  |  | 304 |
Home Fragrance | — |  |  | — |  |  | 270 |  |  | — |  |  | — |  |  | 270 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 307 |  |  | — |  |  | 307 |
Writing | — |  |  | — |  |  | — |  |  | 421 |  |  | — |  |  | 421 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 383 |  |  | 383 |
Total | $ | 479 |  |  | $ | 535 |  |  | $ | 574 |  |  | $ | 728 |  |  | $ | 383 |  |  | $ | 2,699 |
North America | $ | 297 |  |  | $ | 407 |  |  | $ | 462 |  |  | $ | 529 |  |  | $ | 232 |  |  | $ | 1,927 |
International | 182 |  |  | 128 |  |  | 112 |  |  | 199 |  |  | 151 |  |  | 772 |
Total | $ | 479 |  |  | $ | 535 |  |  | $ | 574 |  |  | $ | 728 |  |  | $ | 383 |  |  | $ | 2,699 |
| Three Months Ended September 30, 2019
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 430 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 430 |
Commercial | — |  |  | 362 |  |  | — |  |  | — |  |  | — |  |  | 362 |
Connected Home Security | — |  |  | 113 |  |  | — |  |  | — |  |  | — |  |  | 113 |
Food | — |  |  | — |  |  | 229 |  |  | — |  |  | — |  |  | 229 |
Home Fragrance | — |  |  | — |  |  | 255 |  |  | — |  |  | — |  |  | 255 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 300 |  |  | — |  |  | 300 |
Writing | — |  |  | — |  |  | — |  |  | 524 |  |  | — |  |  | 524 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 356 |  |  | 356 |
Total | $ | 430 |  |  | $ | 475 |  |  | $ | 484 |  |  | $ | 824 |  |  | $ | 356 |  |  | $ | 2,569 |
North America | $ | 297 |  |  | $ | 366 |  |  | $ | 384 |  |  | $ | 605 |  |  | $ | 230 |  |  | $ | 1,882 |
International | 133 |  |  | 109 |  |  | 100 |  |  | 219 |  |  | 126 |  |  | 687 |
Total | $ | 430 |  |  | $ | 475 |  |  | $ | 484 |  |  | $ | 824 |  |  | $ | 356 |  |  | $ | 2,569 |
| Nine Months Ended September 30, 2020
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 1,129 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,129 |
Commercial | — |  |  | 1,109 |  |  | — |  |  | — |  |  | — |  |  | 1,109 |
Connected Home Security | — |  |  | 252 |  |  | — |  |  | — |  |  | — |  |  | 252 |
Food | — |  |  | — |  |  | 741 |  |  | — |  |  | — |  |  | 741 |
Home Fragrance | — |  |  | — |  |  | 535 |  |  | — |  |  | — |  |  | 535 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 790 |  |  | — |  |  | 790 |
Writing | — |  |  | — |  |  | — |  |  | 1,097 |  |  | — |  |  | 1,097 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 1,043 |  |  | 1,043 |
Total | $ | 1,129 |  |  | $ | 1,361 |  |  | $ | 1,276 |  |  | $ | 1,887 |  |  | $ | 1,043 |  |  | $ | 6,696 |
North America | $ | 704 |  |  | $ | 1,013 |  |  | $ | 1,029 |  |  | $ | 1,393 |  |  | $ | 642 |  |  | $ | 4,781 |
International | 425 |  |  | 348 |  |  | 247 |  |  | 494 |  |  | 401 |  |  | 1,915 |
Total | $ | 1,129 |  |  | $ | 1,361 |  |  | $ | 1,276 |  |  | $ | 1,887 |  |  | $ | 1,043 |  |  | $ | 6,696 |
| Nine Months Ended September 30, 2019
| Appliances and Cookware |  | Commercial Solutions |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Appliances and Cookware | $ | 1,122 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,122 |
Commercial | — |  |  | 1,056 |  |  | — |  |  | — |  |  | — |  |  | 1,056 |
Connected Home Security | — |  |  | 287 |  |  | — |  |  | — |  |  | — |  |  | 287 |
Food | — |  |  | — |  |  | 604 |  |  | — |  |  | — |  |  | 604 |
Home Fragrance | — |  |  | — |  |  | 623 |  |  | — |  |  | — |  |  | 623 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 826 |  |  | — |  |  | 826 |
Writing | — |  |  | — |  |  | — |  |  | 1,428 |  |  | — |  |  | 1,428 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 1,145 |  |  | 1,145 |
Total | $ | 1,122 |  |  | $ | 1,343 |  |  | $ | 1,227 |  |  | $ | 2,254 |  |  | $ | 1,145 |  |  | $ | 7,091 |
North America | $ | 731 |  |  | $ | 1,018 |  |  | $ | 963 |  |  | $ | 1,626 |  |  | $ | 720 |  |  | $ | 5,058 |
International | 391 |  |  | 325 |  |  | 264 |  |  | 628 |  |  | 425 |  |  | 2,033 |
Total | $ | 1,122 |  |  | $ | 1,343 |  |  | $ | 1,227 |  |  | $ | 2,254 |  |  | $ | 1,145 |  |  | $ | 7,091 |

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