XML 61 R39.htm IDEA: XBRL DOCUMENT
v3.22.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The Company's five primary reportable segments are:
Segment |  | Key Brands |  | Description of Primary Products
Commercial Solutions |  | Mapa, Quickie, Rubbermaid Commercial Products and Spontex |  | Commercial cleaning and maintenance solutions; closet and garage organization; hygiene systems and material handling solutions
Home Appliances |  | Calphalon, Crockpot, 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 and Marmot |  | Products for outdoor and outdoor-related activities
Selected information by segment is presented in the following tables (in millions):
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2022 |  | 2021
Net sales (1) |  |  |  |  |  |  |  |
Commercial Solutions |  |  |  |  |  | $ | 510 |  |  | $ | 471 |
Home Appliances |  |  |  |  |  | 340 |  |  | 360 |
Home Solutions |  |  |  |  |  | 500 |  |  | 504 |
Learning and Development |  |  |  |  |  | 650 |  |  | 617 |
Outdoor and Recreation |  |  |  |  |  | 388 |  |  | 336 |
|  |  |  |  |  | $ | 2,388 |  |  | $ | 2,288 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Commercial Solutions |  |  |  |  |  | $ | 55 |  |  | $ | 50 |
Home Appliances |  |  |  |  |  | (18) |  |  | 3 |
Home Solutions |  |  |  |  |  | 61 |  |  | 61 |
Learning and Development |  |  |  |  |  | 130 |  |  | 110 |
Outdoor and Recreation |  |  |  |  |  | 45 |  |  | 15 |
Corporate |  |  |  |  |  | (56) |  |  | (47) |
|  |  |  |  |  | $ | 217 |  |  | $ | 192 |
|  |  |  |  |  | March 31, 2022 |  | December 31, 2021
Segment assets |  |  |  |  |  |  |  |
Commercial Solutions (3) |  |  |  |  |  | $ | 1,973 |  |  | $ | 2,522 |
Home Appliances |  |  |  |  |  | 1,081 |  |  | 1,055 |
Home Solutions |  |  |  |  |  | 3,130 |  |  | 3,109 |
Learning and Development |  |  |  |  |  | 4,454 |  |  | 4,401 |
Outdoor and Recreation |  |  |  |  |  | 1,029 |  |  | 907 |
Corporate |  |  |  |  |  | 2,537 |  |  | 2,185 |
|  |  |  |  |  | $ | 14,204 |  |  | $ | 14,179 |
(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 reduction in the Commercial Solutions segment assets is primarily due to the sale of the CH&S business.
Schedule 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 March 31, 2022
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 401 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 401 |
Connected Home Security | 109 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 109 |
Home Appliances | — |  |  | 340 |  |  | — |  |  | — |  |  | — |  |  | 340 |
Food | — |  |  | — |  |  | 302 |  |  | — |  |  | — |  |  | 302 |
Home Fragrance | — |  |  | — |  |  | 198 |  |  | — |  |  | — |  |  | 198 |
Baby | — |  |  | — |  |  | — |  |  | 291 |  |  | — |  |  | 291 |
Writing | — |  |  | — |  |  | — |  |  | 359 |  |  | — |  |  | 359 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 388 |  |  | 388 |
Total | $ | 510 |  |  | $ | 340 |  |  | $ | 500 |  |  | $ | 650 |  |  | $ | 388 |  |  | $ | 2,388 |
North America | $ | 396 |  |  | $ | 178 |  |  | $ | 401 |  |  | $ | 468 |  |  | $ | 210 |  |  | $ | 1,653 |
International | 114 |  |  | 162 |  |  | 99 |  |  | 182 |  |  | 178 |  |  | 735 |
Total | $ | 510 |  |  | $ | 340 |  |  | $ | 500 |  |  | $ | 650 |  |  | $ | 388 |  |  | $ | 2,388 |
| Three Months Ended March 31, 2021
| Commercial Solutions |  | Home Appliances |  | Home Solutions |  | Learning and Development |  | Outdoor and Recreation |  | Total
Commercial | $ | 380 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 380 |
Connected Home Security | 91 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 91 |
Home Appliances | — |  |  | 360 |  |  | — |  |  | — |  |  | — |  |  | 360 |
Food | — |  |  | — |  |  | 274 |  |  | — |  |  | — |  |  | 274 |
Home Fragrance | — |  |  | — |  |  | 230 |  |  | — |  |  | — |  |  | 230 |
Baby | — |  |  | — |  |  | — |  |  | 281 |  |  | — |  |  | 281 |
Writing | — |  |  | — |  |  | — |  |  | 336 |  |  | — |  |  | 336 |
Outdoor and Recreation | — |  |  | — |  |  | — |  |  | — |  |  | 336 |  |  | 336 |
Total | $ | 471 |  |  | $ | 360 |  |  | $ | 504 |  |  | $ | 617 |  |  | $ | 336 |  |  | $ | 2,288 |
North America | $ | 344 |  |  | $ | 195 |  |  | $ | 401 |  |  | $ | 426 |  |  | $ | 177 |  |  | $ | 1,543 |
International | 127 |  |  | 165 |  |  | 103 |  |  | 191 |  |  | 159 |  |  | 745 |
Total | $ | 471 |  |  | $ | 360 |  |  | $ | 504 |  |  | $ | 617 |  |  | $ | 336 |  |  | $ | 2,288 |

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