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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2021
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,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
Net sales (1) |  |  |  |  |  |  |  |
Commercial Solutions |  | $ | 493 |  |  | $ | 413 |  |  | $ | 964 |  |  | $ | 826 |
Home Appliances |  | 394 |  |  | 330 |  |  | 754 |  |  | 591 |
Home Solutions |  | 525 |  |  | 384 |  |  | 1,029 |  |  | 761 |
Learning and Development |  | 844 |  |  | 631 |  |  | 1,461 |  |  | 1,159 |
Outdoor and Recreation |  | 453 |  |  | 353 |  |  | 789 |  |  | 660 |
|  | $ | 2,709 |  |  | $ | 2,111 |  |  | $ | 4,997 |  |  | $ | 3,997 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Commercial Solutions |  | $ | 43 |  |  | $ | 38 |  |  | $ | 93 |  |  | $ | (234) |
Home Appliances |  | 13 |  |  | 6 |  |  | 16 |  |  | (293) |
Home Solutions |  | 53 |  |  | 29 |  |  | 114 |  |  | (272) |
Learning and Development |  | 217 |  |  | 126 |  |  | 327 |  |  | 130 |
Outdoor and Recreation |  | 48 |  |  | 24 |  |  | 63 |  |  | (450) |
Corporate |  | (69) |  |  | (60) |  |  | (116) |  |  | (126) |
|  | $ | 305 |  |  | $ | 163 |  |  | $ | 497 |  |  | $ | (1,245) |
|  |  |  |  |  | June 30, 2021 |  | December 31, 2020
Segment assets |  |  |  |  |  |  |  |
Commercial Solutions |  |  |  |  |  | $ | 2,529 |  |  | $ | 2,529 |
Home Appliances |  |  |  |  |  | 981 |  |  | 970 |
Home Solutions |  |  |  |  |  | 3,068 |  |  | 3,087 |
Learning and Development |  |  |  |  |  | 4,724 |  |  | 4,663 |
Outdoor and Recreation |  |  |  |  |  | 1,033 |  |  | 988 |
Corporate |  |  |  |  |  | 2,285 |  |  | 2,463 |
|  |  |  |  |  | $ | 14,620 |  |  | $ | 14,700 |
|  |  |  |  |  | Six Months Ended June 30, 2020
Impairment of goodwill and indefinite-lived intangibles assets (3)
Commercial Solutions |  |  |  |  |  |  |  | $ | 320 |
Home Appliances |  |  |  |  |  |  |  | 287 |
Home Solutions |  |  |  |  |  |  |  | 302 |
Learning and Development |  |  |  |  |  |  |  | 78 |
Outdoor and Recreation |  |  |  |  |  |  |  | 482 |
|  |  |  |  |  |  |  | $ | 1,469 |
(1)All intercompany transactions have been eliminated. (2)Operating income (loss) by segment is net sales less cost of products sold, SG&A, restructuring and impairment of goodwill, intangibles and other assets. 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 net sales basis, and included in segment operating income. (3)The Company did not record any impairment charges during the six months ended June 30, 2021. 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. See Footnote 6 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, 2021
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 401 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 401 |
Connected Home Security | 92 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 92 |
Home Appliances | — |  |  | 394 |  |  | — |  |  | — |  |  | — |  |  | 394 |
Food | — |  |  | — |  |  | 323 |  |  | — |  |  | — |  |  | 323 |
Home Fragrance | — |  |  | — |  |  | 202 |  |  | — |  |  | — |  |  | 202 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 319 |  |  | — |  |  | 319 |
Writing | — |  |  | — |  |  | — |  |  | 525 |  |  | — |  |  | 525 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 453 |  |  | 453 |
Total | $ | 493 |  |  | $ | 394 |  |  | $ | 525 |  |  | $ | 844 |  |  | $ | 453 |  |  | $ | 2,709 |
North America | $ | 364 |  |  | $ | 206 |  |  | $ | 425 |  |  | $ | 626 |  |  | $ | 256 |  |  | $ | 1,877 |
International | 129 |  |  | 188 |  |  | 100 |  |  | 218 |  |  | 197 |  |  | 832 |
Total | $ | 493 |  |  | $ | 394 |  |  | $ | 525 |  |  | $ | 844 |  |  | $ | 453 |  |  | $ | 2,709 |
| Three Months Ended June 30, 2020
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 357 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 357 |
Connected Home Security | 56 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 56 |
Home Appliances | — |  |  | 330 |  |  | — |  |  | — |  |  | — |  |  | 330 |
Food | — |  |  | — |  |  | 282 |  |  | — |  |  | — |  |  | 282 |
Home Fragrance | — |  |  | — |  |  | 102 |  |  | — |  |  | — |  |  | 102 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 239 |  |  | — |  |  | 239 |
Writing | — |  |  | — |  |  | — |  |  | 392 |  |  | — |  |  | 392 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 353 |  |  | 353 |
Total | $ | 413 |  |  | $ | 330 |  |  | $ | 384 |  |  | $ | 631 |  |  | $ | 353 |  |  | $ | 2,111 |
North America | $ | 304 |  |  | $ | 194 |  |  | $ | 329 |  |  | $ | 490 |  |  | $ | 218 |  |  | $ | 1,535 |
International | 109 |  |  | 136 |  |  | 55 |  |  | 141 |  |  | 135 |  |  | 576 |
Total | $ | 413 |  |  | $ | 330 |  |  | $ | 384 |  |  | $ | 631 |  |  | $ | 353 |  |  | $ | 2,111 |
| Six Months Ended June 30, 2021
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 781 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 781 |
Connected Home Security | 183 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 183 |
Home Appliances | — |  |  | 754 |  |  | — |  |  | — |  |  | — |  |  | 754 |
Food | — |  |  | — |  |  | 597 |  |  | — |  |  | — |  |  | 597 |
Home Fragrance | — |  |  | — |  |  | 432 |  |  | — |  |  | — |  |  | 432 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 600 |  |  | — |  |  | 600 |
Writing | — |  |  | — |  |  | — |  |  | 861 |  |  | — |  |  | 861 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 789 |  |  | 789 |
Total | $ | 964 |  |  | $ | 754 |  |  | $ | 1,029 |  |  | $ | 1,461 |  |  | $ | 789 |  |  | $ | 4,997 |
North America | $ | 708 |  |  | $ | 401 |  |  | $ | 826 |  |  | $ | 1,052 |  |  | $ | 433 |  |  | $ | 3,420 |
International | 256 |  |  | 353 |  |  | 203 |  |  | 409 |  |  | 356 |  |  | 1,577 |
Total | $ | 964 |  |  | $ | 754 |  |  | $ | 1,029 |  |  | $ | 1,461 |  |  | $ | 789 |  |  | $ | 4,997 |
| Six Months Ended June 30, 2020
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 693 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 693 |
Connected Home Security | 133 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 133 |
Home Appliances | — |  |  | 591 |  |  | — |  |  | — |  |  | — |  |  | 591 |
Food | — |  |  | — |  |  | 496 |  |  | — |  |  | — |  |  | 496 |
Home Fragrance | — |  |  | — |  |  | 265 |  |  | — |  |  | — |  |  | 265 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 483 |  |  | — |  |  | 483 |
Writing | — |  |  | — |  |  | — |  |  | 676 |  |  | — |  |  | 676 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 660 |  |  | 660 |
Total | $ | 826 |  |  | $ | 591 |  |  | $ | 761 |  |  | $ | 1,159 |  |  | $ | 660 |  |  | $ | 3,997 |
North America | $ | 606 |  |  | $ | 348 |  |  | $ | 626 |  |  | $ | 864 |  |  | $ | 410 |  |  | $ | 2,854 |
International | 220 |  |  | 243 |  |  | 135 |  |  | 295 |  |  | 250 |  |  | 1,143 |
Total | $ | 826 |  |  | $ | 591 |  |  | $ | 761 |  |  | $ | 1,159 |  |  | $ | 660 |  |  | $ | 3,997 |

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