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Segment Information | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Segment Information | Segment Information Beginning January 1, 2021, the Company reported the operating results of its cookware product lines as part of the Food reporting unit within the Home Solutions segment, and no longer as part of the former Appliances and Cookware segment. This change was the result of an assessment by the CODM to better align the cookware product lines with other similar product lines in various food categories. In connection with this change, the CEO for the Food business unit assumed full responsibility for the overall brand strategy, business modeling, marketing and innovation of these product lines. The Company determined this product line change did not result in a change to either of its Home Solutions or former Appliances and Cookware reportable segments. In connection with this change, the Appliances and Cookware segment was renamed as the Home Appliances segment. Prior period comparable results for both of these segments have been reclassified to conform to this product line change. The Company also revised the calculation of operating income (loss) by segment to include restructuring charges. Prior period comparable results have been reclassified to conform to the change in calculation. The Company's five primary reportable segments are:
Segment |  | Key Brands |  | Description of Primary Products
Commercial Solutions |  | BRK®, First Alert®, Mapa®, Quickie®, Rubbermaid Commercial Products®, and Spontex® |  | Commercial cleaning and maintenance solutions; closet and garage organization; hygiene systems and material handling solutions; connected home and security and smoke and carbon monoxide alarms
Home Appliances |  | Calphalon®, Crock-Pot®, Mr. Coffee®, Oster® and Sunbeam® |  | Household products, including kitchen appliances
Home Solutions |  | Ball® (1), Calphalon®, Chesapeake Bay Candle®, FoodSaver®, Rubbermaid®, Sistema®, WoodWick® and Yankee Candle® |  | Food and home storage products; fresh preserving products; vacuum sealing products; gourmet cookware, bakeware and cutlery and home fragrance products
Learning and Development |  | Aprica®, Baby Jogger®, Dymo®, Elmer’s®, EXPO®, Graco®, Mr. Sketch®, NUK®, Paper Mate®, Parker®, Prismacolor®, Sharpie®, Tigex® Waterman® and X-Acto® |  | Baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products and labeling solutions
Outdoor and Recreation |  | Coleman®, Contigo®, ExOfficio®, Marmot® |  | Products for outdoor and outdoor-related activities
(1) and Ball® TM of Ball Corporation, used under license. This structure reflects the manner in which the CODM regularly assesses information for decision-making purposes, including the allocation of resources. The Company also provides general corporate services to its segments which is reported as a non-operating segment, Corporate. As a result of the aforementioned changes, net sales, operating income (loss) and impairment of goodwill and indefinite-lived intangible assets for the three and nine months ended September 30, 2020 and segment assets as of December 31, 2020 have been recast. Selected information by segment is presented in the following tables (in millions):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
Net sales (1) |  |  |  |  |  |  |  |
Commercial Solutions |  | $ | 486 |  |  | $ | 535 |  |  | $ | 1,450 |  |  | $ | 1,361 |
Home Appliances |  | 443 |  |  | 430 |  |  | 1,197 |  |  | 1,021 |
Home Solutions |  | 598 |  |  | 623 |  |  | 1,627 |  |  | 1,384 |
Learning and Development |  | 869 |  |  | 728 |  |  | 2,330 |  |  | 1,887 |
Outdoor and Recreation |  | 391 |  |  | 383 |  |  | 1,180 |  |  | 1,043 |
|  | $ | 2,787 |  |  | $ | 2,699 |  |  | $ | 7,784 |  |  | $ | 6,696 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Commercial Solutions |  | $ | 18 |  |  | $ | 84 |  |  | $ | 111 |  |  | $ | (150) |
Home Appliances |  | 19 |  |  | 19 |  |  | 35 |  |  | (274) |
Home Solutions |  | 75 |  |  | 123 |  |  | 189 |  |  | (149) |
Learning and Development |  | 195 |  |  | 158 |  |  | 522 |  |  | 288 |
Outdoor and Recreation |  | 27 |  |  | 39 |  |  | 90 |  |  | (411) |
Corporate |  | (53) |  |  | (60) |  |  | (169) |  |  | (186) |
|  | $ | 281 |  |  | $ | 363 |  |  | $ | 778 |  |  | $ | (882) |
|  |  |  |  |  | September 30, 2021 |  | December 31, 2020
Segment assets |  |  |  |  |  |  |  |
Commercial Solutions |  |  |  |  |  | $ | 2,516 |  |  | $ | 2,529 |
Home Appliances |  |  |  |  |  | 1,094 |  |  | 970 |
Home Solutions |  |  |  |  |  | 3,174 |  |  | 3,087 |
Learning and Development |  |  |  |  |  | 4,561 |  |  | 4,663 |
Outdoor and Recreation |  |  |  |  |  | 940 |  |  | 988 |
Corporate |  |  |  |  |  | 2,235 |  |  | 2,463 |
|  |  |  |  |  | $ | 14,520 |  |  | $ | 14,700 |
|  |  |  | Three Months Ended September 30, 2020 |  | Nine Months Ended September 30, 2020
Impairment of goodwill and indefinite-lived intangibles assets (3)
Commercial Solutions |  |  |  |  |  | $ | — |  |  | $ | 320 |
Home Appliances |  |  |  |  |  | — |  |  | 287 |
Home Solutions |  |  |  |  |  | — |  |  | 302 |
Learning and Development |  |  |  |  |  | 2 |  |  | 80 |
Outdoor and Recreation |  |  |  |  |  | — |  |  | 482 |
|  |  |  |  |  | $ | 2 |  |  | $ | 1,471 |
(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 nine months ended September 30, 2021. During the three months ended September 30, 2020, the Company concluded that a triggering event had occurred for an indefinite-lived intangible asset in the Learning and Development segment as a result of a product line divestiture. During the three and nine months ended September 30, 2020, the Company recorded a non-cash charge of $2 million to reflect the impairment of this indefinite-lived intangible asset. During the nine months ended September 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. The following tables disaggregates revenue by major product grouping source and geography for the periods indicated (in millions):
| Three Months Ended September 30, 2021
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 381 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 381 |
Connected Home Security | 105 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 105 |
Home Appliances | — |  |  | 443 |  |  | — |  |  | — |  |  | — |  |  | 443 |
Food | — |  |  | — |  |  | 330 |  |  | — |  |  | — |  |  | 330 |
Home Fragrance | — |  |  | — |  |  | 268 |  |  | — |  |  | — |  |  | 268 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 359 |  |  | — |  |  | 359 |
Writing | — |  |  | — |  |  | — |  |  | 510 |  |  | — |  |  | 510 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 391 |  |  | 391 |
Total | $ | 486 |  |  | $ | 443 |  |  | $ | 598 |  |  | $ | 869 |  |  | $ | 391 |  |  | $ | 2,787 |
North America | $ | 363 |  |  | $ | 249 |  |  | $ | 480 |  |  | $ | 651 |  |  | $ | 236 |  |  | $ | 1,979 |
International | 123 |  |  | 194 |  |  | 118 |  |  | 218 |  |  | 155 |  |  | 808 |
Total | $ | 486 |  |  | $ | 443 |  |  | $ | 598 |  |  | $ | 869 |  |  | $ | 391 |  |  | $ | 2,787 |
| Three Months Ended September 30, 2020
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 416 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 416 |
Connected Home Security | 119 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 119 |
Home Appliances | — |  |  | 430 |  |  | — |  |  | — |  |  | — |  |  | 430 |
Food | — |  |  | — |  |  | 353 |  |  | — |  |  | — |  |  | 353 |
Home Fragrance | — |  |  | — |  |  | 270 |  |  | — |  |  | — |  |  | 270 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 307 |  |  | — |  |  | 307 |
Writing | — |  |  | — |  |  | — |  |  | 421 |  |  | — |  |  | 421 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 383 |  |  | 383 |
Total | $ | 535 |  |  | $ | 430 |  |  | $ | 623 |  |  | $ | 728 |  |  | $ | 383 |  |  | $ | 2,699 |
North America | $ | 407 |  |  | $ | 249 |  |  | $ | 510 |  |  | $ | 529 |  |  | $ | 232 |  |  | $ | 1,927 |
International | 128 |  |  | 181 |  |  | 113 |  |  | 199 |  |  | 151 |  |  | 772 |
Total | $ | 535 |  |  | $ | 430 |  |  | $ | 623 |  |  | $ | 728 |  |  | $ | 383 |  |  | $ | 2,699 |
| Nine Months Ended September 30, 2021
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 1,162 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,162 |
Connected Home Security | 288 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 288 |
Home Appliances | — |  |  | 1,197 |  |  | — |  |  | — |  |  | — |  |  | 1,197 |
Food | — |  |  | — |  |  | 927 |  |  | — |  |  | — |  |  | 927 |
Home Fragrance | — |  |  | — |  |  | 700 |  |  | — |  |  | — |  |  | 700 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 959 |  |  | — |  |  | 959 |
Writing | — |  |  | — |  |  | — |  |  | 1,371 |  |  | — |  |  | 1,371 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 1,180 |  |  | 1,180 |
Total | $ | 1,450 |  |  | $ | 1,197 |  |  | $ | 1,627 |  |  | $ | 2,330 |  |  | $ | 1,180 |  |  | $ | 7,784 |
North America | $ | 1,071 |  |  | $ | 650 |  |  | $ | 1,306 |  |  | $ | 1,703 |  |  | $ | 669 |  |  | $ | 5,399 |
International | 379 |  |  | 547 |  |  | 321 |  |  | 627 |  |  | 511 |  |  | 2,385 |
Total | $ | 1,450 |  |  | $ | 1,197 |  |  | $ | 1,627 |  |  | $ | 2,330 |  |  | $ | 1,180 |  |  | $ | 7,784 |
| Nine Months Ended September 30, 2020
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 1,109 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,109 |
Connected Home Security | 252 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 252 |
Home Appliances | — |  |  | 1,021 |  |  | — |  |  | — |  |  | — |  |  | 1,021 |
Food | — |  |  | — |  |  | 849 |  |  | — |  |  | — |  |  | 849 |
Home Fragrance | — |  |  | — |  |  | 535 |  |  | — |  |  | — |  |  | 535 |
Baby and Parenting | — |  |  | — |  |  | — |  |  | 790 |  |  | — |  |  | 790 |
Writing | — |  |  | — |  |  | — |  |  | 1,097 |  |  | — |  |  | 1,097 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 1,043 |  |  | 1,043 |
Total | $ | 1,361 |  |  | $ | 1,021 |  |  | $ | 1,384 |  |  | $ | 1,887 |  |  | $ | 1,043 |  |  | $ | 6,696 |
North America | $ | 1,013 |  |  | $ | 597 |  |  | $ | 1,136 |  |  | $ | 1,393 |  |  | $ | 642 |  |  | $ | 4,781 |
International | 348 |  |  | 424 |  |  | 248 |  |  | 494 |  |  | 401 |  |  | 1,915 |
Total | $ | 1,361 |  |  | $ | 1,021 |  |  | $ | 1,384 |  |  | $ | 1,887 |  |  | $ | 1,043 |  |  | $ | 6,696 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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