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Segment Information (Tables) | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Net sales (1) |  |  |  |  |  |  |  |
Home and Commercial Solutions |  | $ | 1,047 |  |  | $ | 1,123 |  |  | $ | 2,902 |  |  | $ | 3,152 |
Learning and Development |  | 717 |  |  | 694 |  |  | 2,089 |  |  | 2,071 |
Outdoor and Recreation |  | 183 |  |  | 231 |  |  | 642 |  |  | 834 |
|  | $ | 1,947 |  |  | $ | 2,048 |  |  | $ | 5,633 |  |  | $ | 6,057 |
Operating income (loss) (2) |  |  |  |  |  |  |  |
Home and Commercial Solutions |  | $ | (94) |  |  | $ | 64 |  |  | $ | (30) |  |  | $ | 6 |
Learning and Development |  | 75 |  |  | (127) |  |  | 374 |  |  | 133 |
Outdoor and Recreation |  | (23) |  |  | (42) |  |  | (52) |  |  | (38) |
Corporate |  | (79) |  |  | (54) |  |  | (234) |  |  | (176) |
|  | $ | (121) |  |  | $ | (159) |  |  | $ | 58 |  |  | $ | (75) |
|  |  |  |  |  | September 30, 2024 |  | December 31, 2023
Segment assets |  |  |  |  |  |  |  |
Home and Commercial Solutions |  |  |  |  |  | $ | 4,460 |  |  | $ | 4,713 |
Learning and Development |  |  |  |  |  | 3,921 |  |  | 4,111 |
Outdoor and Recreation |  |  |  |  |  | 580 |  |  | 687 |
Corporate |  |  |  |  |  | 2,812 |  |  | 2,652 |
|  |  |  |  |  | $ | 11,773 |  |  | $ | 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 September 30, |  | Nine Months Ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Commercial |  | $ | 355 |  |  | $ | 368 |  |  | $ | 1,028 |  |  | $ | 1,094 |
Kitchen |  | 527 |  |  | 578 |  |  | 1,461 |  |  | 1,586 |
Home Fragrance |  | 165 |  |  | 177 |  |  | 413 |  |  | 472 |
Home and Commercial Solutions |  | 1,047 |  |  | 1,123 |  |  | 2,902 |  |  | 3,152 |
Baby |  | 280 |  |  | 246 |  |  | 751 |  |  | 714 |
Writing |  | 437 |  |  | 448 |  |  | 1,338 |  |  | 1,357 |
Learning and Development |  | 717 |  |  | 694 |  |  | 2,089 |  |  | 2,071 |
Outdoor and Recreation |  | 183 |  |  | 231 |  |  | 642 |  |  | 834 |
|  | $ | 1,947 |  |  | $ | 2,048 |  |  | $ | 5,633 |  |  | $ | 6,057 |
The following table disaggregates revenue by geography for the periods indicated (in millions):
|  | Three Months Ended September 30,
|  | 2024 |  | 2023
|  | North America |  | International |  | TOTAL |  | North America |  | International |  | TOTAL
Home and Commercial Solutions |  | $ | 691 |  |  | $ | 356 |  |  | $ | 1,047 |  |  | $ | 764 |  |  | $ | 359 |  |  | $ | 1,123 |
Learning and Development |  | 531 |  |  | 186 |  |  | 717 |  |  | 501 |  |  | 193 |  |  | 694 |
Outdoor and Recreation |  | 97 |  |  | 86 |  |  | 183 |  |  | 131 |  |  | 100 |  |  | 231 |
|  | $ | 1,319 |  |  | $ | 628 |  |  | $ | 1,947 |  |  | $ | 1,396 |  |  | $ | 652 |  |  | $ | 2,048 |
|  | Nine Months Ended September 30,
|  | 2024 |  | 2023
|  | North America |  | International |  | TOTAL |  | North America |  | International |  | TOTAL
Home and Commercial Solutions |  | $ | 1,892 |  |  | $ | 1,010 |  |  | $ | 2,902 |  |  | $ | 2,105 |  |  | $ | 1,047 |  |  | $ | 3,152 |
Learning and Development |  | 1,552 |  |  | 537 |  |  | 2,089 |  |  | 1,505 |  |  | 566 |  |  | 2,071 |
Outdoor and Recreation |  | 340 |  |  | 302 |  |  | 642 |  |  | 465 |  |  | 369 |  |  | 834 |
|  | $ | 3,784 |  |  | $ | 1,849 |  |  | $ | 5,633 |  |  | $ | 4,075 |  |  | $ | 1,982 |  |  | $ | 6,057 |

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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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