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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, |  | Six Months Ended June 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Net sales (1) |  |  |  |  |  |  |  |
Home and Commercial Solutions |  | $ | 962 |  |  | $ | 1,058 |  |  | $ | 1,855 |  |  | $ | 2,029 |
Learning and Development |  | 813 |  |  | 813 |  |  | 1,372 |  |  | 1,377 |
Outdoor and Recreation |  | 258 |  |  | 333 |  |  | 459 |  |  | 603 |
|  | $ | 2,033 |  |  | $ | 2,204 |  |  | $ | 3,686 |  |  | $ | 4,009 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Home and Commercial Solutions |  | $ | 48 |  |  | $ | (21) |  |  | $ | 64 |  |  | $ | (58) |
Learning and Development |  | 205 |  |  | 188 |  |  | 299 |  |  | 260 |
Outdoor and Recreation |  | (11) |  |  | 5 |  |  | (29) |  |  | 4 |
Corporate |  | (79) |  |  | (52) |  |  | (155) |  |  | (122) |
|  | $ | 163 |  |  | $ | 120 |  |  | $ | 179 |  |  | $ | 84 |
|  |  |  |  |  | June 30, 2024 |  | December 31, 2023
Segment assets |  |  |  |  |  |  |  |
Home and Commercial Solutions |  |  |  |  |  | $ | 4,622 |  |  | $ | 4,713 |
Learning and Development |  |  |  |  |  | 4,086 |  |  | 4,111 |
Outdoor and Recreation |  |  |  |  |  | 649 |  |  | 687 |
Corporate |  |  |  |  |  | 2,691 |  |  | 2,652 |
|  |  |  |  |  | $ | 12,048 |  |  | $ | 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 June 30, |  | Six Months Ended June 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Commercial |  | $ | 349 |  |  | $ | 378 |  |  | $ | 673 |  |  | $ | 726 |
Kitchen |  | 496 |  |  | 549 |  |  | 934 |  |  | 1,008 |
Home Fragrance |  | 117 |  |  | 131 |  |  | 248 |  |  | 295 |
Home and Commercial Solutions |  | 962 |  |  | 1,058 |  |  | 1,855 |  |  | 2,029 |
Baby |  | 251 |  |  | 251 |  |  | 471 |  |  | 468 |
Writing |  | 562 |  |  | 562 |  |  | 901 |  |  | 909 |
Learning and Development |  | 813 |  |  | 813 |  |  | 1,372 |  |  | 1,377 |
Outdoor and Recreation |  | 258 |  |  | 333 |  |  | 459 |  |  | 603 |
|  | $ | 2,033 |  |  | $ | 2,204 |  |  | $ | 3,686 |  |  | $ | 4,009 |
The following table disaggregates revenue by geography for the periods indicated (in millions):
|  | Three Months Ended June 30,
|  | 2024 |  | 2023
|  | North America |  | International |  | TOTAL |  | North America |  | International |  | TOTAL
Home and Commercial Solutions |  | $ | 625 |  |  | $ | 337 |  |  | $ | 962 |  |  | $ | 698 |  |  | $ | 360 |  |  | $ | 1,058 |
Learning and Development |  | 629 |  |  | 184 |  |  | 813 |  |  | 609 |  |  | 204 |  |  | 813 |
Outdoor and Recreation |  | 135 |  |  | 123 |  |  | 258 |  |  | 188 |  |  | 145 |  |  | 333 |
|  | $ | 1,389 |  |  | $ | 644 |  |  | $ | 2,033 |  |  | $ | 1,495 |  |  | $ | 709 |  |  | $ | 2,204 |
|  | Six Months Ended June 30,
|  | 2024 |  | 2023
|  | North America |  | International |  | TOTAL |  | North America |  | International |  | TOTAL
Home and Commercial Solutions |  | $ | 1,201 |  |  | $ | 654 |  |  | $ | 1,855 |  |  | $ | 1,341 |  |  | $ | 688 |  |  | $ | 2,029 |
Learning and Development |  | 1,021 |  |  | 351 |  |  | 1,372 |  |  | 1,004 |  |  | 373 |  |  | 1,377 |
Outdoor and Recreation |  | 243 |  |  | 216 |  |  | 459 |  |  | 334 |  |  | 269 |  |  | 603 |
|  | $ | 2,465 |  |  | $ | 1,221 |  |  | $ | 3,686 |  |  | $ | 2,679 |  |  | $ | 1,330 |  |  | $ | 4,009 |

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- 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- 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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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