Goodwill and Other Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Goodwill by Reportable Business Segment

Goodwill activity for the three months ended March 31, 2021 is as follows (in millions):

Segments	Net Book Value at December 31, 2020		Foreign Exchange and Other		Gross Carrying Amount		Accumulated Impairment Charges		Net Book Value at March 31, 2021
Home Appliances	$	—	$	—	$	569	$	(569)	$	—
Commercial Solutions	747		—		1,241		(494)		747
Home Solutions	164		—		2,567		(2,403)		164
Learning and Development	2,642		(28)		3,460		(846)		2,614
Outdoor and Recreation	—		—		788		(788)		—
	$	3,553	$	(28)	$	8,625	$	(5,100)	$	3,525

Schedule of Other Intangible Assets and Related Amortization Periods

Other intangible assets, net, are comprised of the following at the dates indicated (in millions):

	March 31, 2021						December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value
Trade names — indefinite life	$	2,305	$	—	$	2,305	$	2,331	$	—	$	2,331
Trade names — other	154		(56)		98		157		(55)		102
Capitalized software	632		(498)		134		625		(486)		139
Patents and intellectual property	67		(55)		12		67		(52)		15
Customer relationships and distributor channels	1,253		(296)		957		1,259		(282)		977
	$	4,411	$	(905)	$	3,506	$	4,439	$	(875)	$	3,564

Schedule of Indefinite-Lived Intangible Assets by Segment

The impairment charges for the three months ended March 31, 2020 were allocated to the Company’s reporting segments as follows (in millions):

Impairment of indefinite-lived intangibles assets:
Home Appliances	$	87
Commercial Solutions	320
Home Solutions	290
Learning and Development	78
Outdoor and Recreation	482
	$	1,257