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Segment Information
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Beginning January 1, 2021, the Company reported the operating results of its cookware product lines as part of the Food reporting unit within the Home Solutions segment, and no longer as part of the former Appliances and Cookware segment. This change was the result of an assessment by the CODM to better align the cookware product lines with other similar product lines in various food categories. In connection with this change, the CEO for the Food business unit assumed full responsibility for the overall brand strategy, business modeling, marketing and innovation of these product lines. The Company determined this product line change did not result in a change to either of its Home Solutions or former Appliances and Cookware reportable segments. In connection with this change, the Appliances and Cookware segment was renamed as the Home Appliances segment. Prior period comparable results for both of these segments have been reclassified to conform to this product line change. The Company also revised the calculation of operating income (loss) by segment to include restructuring charges. Prior period comparable results have been reclassified to conform to the change in calculation.

The Company's five primary reportable segments are:

SegmentKey BrandsDescription of Primary Products
Home AppliancesCalphalon®, Crock-Pot®, Mr. Coffee®, Oster® and Sunbeam®Household products, including kitchen appliances
Commercial SolutionsBRK®, First Alert®, Mapa®, Quickie®, Rubbermaid Commercial Products®, and Spontex®Commercial cleaning and maintenance solutions; closet and garage organization; hygiene systems and material handling solutions; connected home and security and smoke and carbon monoxide alarms
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 RecreationColeman®, Contigo®, ExOfficio®, Marmot®Products for outdoor and outdoor-related activities

(1) nwl-20210331_g1.gif and Ball® TM of Ball Corporation, used under license.
This structure reflects the manner in which the CODM regularly assesses information for decision-making purposes, including the allocation of resources. The Company also provides general corporate services to its segments which is reported as a non-operating segment, Corporate. As a result of the aforementioned changes, net sales, operating income (loss) and impairment of goodwill and indefinite-lived intangible assets for the three months ended March 31, 2020 and segment assets as of December 31, 2020 have been recast. Selected information by segment is presented in the following tables (in millions):

Three Months Ended
 March 31,
20212020
 Net sales (1)
Home Appliances$360 $261 
Commercial Solutions471 413 
Home Solutions504 377 
Learning and Development617 528 
Outdoor and Recreation336 307 
$2,288 $1,886 
 Operating income (loss) (2)
Home Appliances$$(299)
Commercial Solutions50 (272)
Home Solutions61 (301)
Learning and Development110 
Outdoor and Recreation15 (474)
Corporate(47)(66)
$192 $(1,408)
March 31, 2021December 31, 2020
Segment assets
Home Appliances$902 $970 
Commercial Solutions2,530 2,529 
Home Solutions3,032 3,087 
Learning and Development4,568 4,663 
Outdoor and Recreation991 988 
Corporate2,317 2,463 
$14,340 $14,700 
Three Months
Ended
March 31, 2020
Impairment of goodwill and indefinite-lived intangibles assets (3)
Home Appliances$287 
Commercial Solutions320 
Home Solutions302 
Learning and Development78 
Outdoor and Recreation482 
$1,469 

(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 three months ended March 31, 2021. During the three months ended March 31, 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.

The following tables disaggregates revenue by major product grouping source and geography for the periods indicated (in millions):

Three Months Ended March 31, 2021
Home
Appliances
Commercial SolutionsHome
Solutions
Learning and DevelopmentOutdoor and RecreationTotal
Home Appliances$360 $— $— $— $— $360 
Commercial— 380 — — — 380 
Connected Home Security— 91 — — — 91 
Food— — 274 — — 274 
Home Fragrance— — 230 — — 230 
Baby and Parenting— — — 281 — 281 
Writing— — — 336 — 336 
Outdoor and Recreation— — — — 336 336 
Total$360 $471 $504 $617 $336 $2,288 
North America$195 $344 $401 $426 $177 $1,543 
International165 127 103 191 159 745 
Total$360 $471 $504 $617 $336 $2,288 
Three Months Ended March 31, 2020
Home
Appliances
Commercial SolutionsHome
Solutions
Learning and DevelopmentOutdoor and RecreationTotal
Home Appliances$261 $— $— $— $— $261 
Commercial— 336 — — — 336 
Connected Home Security— 77 — — — 77 
Food— — 214 — — 214 
Home Fragrance— — 163 — — 163 
Baby and Parenting— — — 244 — 244 
Writing— — — 284 — 284 
Outdoor and Recreation— — — — 307 307 
Total$261 $413 $377 $528 $307 $1,886 
North America$154 $302 $297 $374 $192 $1,319 
International107 111 80 154 115 567 
Total$261 $413 $377 $528 $307 $1,886