XML 50 R38.htm IDEA: XBRL DOCUMENT v3.21.2

Segment Information (Tables)

9 Months Ended

Sep. 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 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.

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, 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

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-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 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration