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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The Company’s three reportable segments are:
Segment |  | Key Brands |  | Description of Primary Products
Home and Commercial Solutions |  | Ball(1), Calphalon, Crockpot, FoodSaver, Mapa, Mr. Coffee, Oster, Rubbermaid, Rubbermaid Commercial Products, Sistema, Spontex, Sunbeam, WoodWick and Yankee Candle |  | Commercial cleaning and maintenance solutions; closet and garage organization; hygiene systems and material handling solutions; household products, including kitchen appliances; food and home storage products; fresh preserving products; vacuum sealing products; gourmet cookware, bakeware and cutlery and home fragrance products
Learning and Development |  | Dymo, Elmer’s, EXPO, Graco, NUK, Paper Mate, Parker and Sharpie |  | Baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based products and labeling solutions
Outdoor and Recreation |  | Campingaz, Coleman, Contigo and Marmot |  | Active lifestyle products for outdoor and outdoor-related activities; technical apparel and on-the-go beverageware
(1) and Ball® TM of Ball Corporation, used under license. Selected information by segment is presented in the following tables (in millions):
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2024 |  | 2023
Net sales (1) |  |  |  |  |  |  |  |
Home and Commercial Solutions |  |  |  |  |  | $ | 893 |  |  | $ | 971 |
Learning and Development |  |  |  |  |  | 559 |  |  | 564 |
Outdoor and Recreation |  |  |  |  |  | 201 |  |  | 270 |
|  |  |  |  |  | $ | 1,653 |  |  | $ | 1,805 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Home and Commercial Solutions |  |  |  |  |  | $ | 16 |  |  | $ | (37) |
Learning and Development |  |  |  |  |  | 94 |  |  | 72 |
Outdoor and Recreation |  |  |  |  |  | (18) |  |  | (1) |
Corporate |  |  |  |  |  | (76) |  |  | (70) |
|  |  |  |  |  | $ | 16 |  |  | $ | (36) |
|  |  |  |  |  | March 31, 2024 |  | December 31, 2023
Segment assets |  |  |  |  |  |  |  |
Home and Commercial Solutions |  |  |  |  |  | $ | 4,585 |  |  | $ | 4,713 |
Learning and Development |  |  |  |  |  | 4,082 |  |  | 4,111 |
Outdoor and Recreation |  |  |  |  |  | 690 |  |  | 687 |
Corporate |  |  |  |  |  | 2,743 |  |  | 2,652 |
|  |  |  |  |  | $ | 12,100 |  |  | $ | 12,163 |
(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 (loss).
Schedule of Disaggregation of Revenue by Major Product Grouping Source and Geography | The following table disaggregates revenue by major product grouping source for the periods indicated (in millions):
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2024 |  | 2023
Commercial |  |  |  |  |  | $ | 324 |  |  | $ | 348 |
Kitchen |  |  |  |  |  | 438 |  |  | 459 |
Home Fragrance |  |  |  |  |  | 131 |  |  | 164 |
Home and Commercial Solutions |  |  |  |  |  | 893 |  |  | 971 |
Baby |  |  |  |  |  | 220 |  |  | 217 |
Writing |  |  |  |  |  | 339 |  |  | 347 |
Learning and Development |  |  |  |  |  | 559 |  |  | 564 |
Outdoor and Recreation |  |  |  |  |  | 201 |  |  | 270 |
TOTAL |  |  |  |  |  | $ | 1,653 |  |  | $ | 1,805 |
The following table disaggregates revenue by geography for the periods indicated (in millions):
|  | Three Months Ended March 31,
|  | 2024 |  | 2023
|  | North America |  | International |  | TOTAL |  | North America |  | International |  | TOTAL
Home and Commercial Solutions |  | $ | 576 |  |  | $ | 317 |  |  | $ | 893 |  |  | $ | 643 |  |  | $ | 328 |  |  | $ | 971 |
Learning and Development |  | 392 |  |  | 167 |  |  | 559 |  |  | 395 |  |  | 169 |  |  | 564 |
Outdoor and Recreation |  | 108 |  |  | 93 |  |  | 201 |  |  | 146 |  |  | 124 |  |  | 270 |
|  | $ | 1,076 |  |  | $ | 577 |  |  | $ | 1,653 |  |  | $ | 1,184 |  |  | $ | 621 |  |  | $ | 1,805 |

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