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Segment Information
9 Months Ended
Sep. 30, 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
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 AppliancesCalphalon®, Crock-Pot®, Mr. Coffee®, Oster® and Sunbeam®Household products, including kitchen appliances
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-20210930_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 and nine months ended September 30, 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
September 30,
Nine Months Ended
 September 30,
2021202020212020
 Net sales (1)
Commercial Solutions$486 $535 $1,450 $1,361 
Home Appliances443 430 1,197 1,021 
Home Solutions598 623 1,627 1,384 
Learning and Development869 728 2,330 1,887 
Outdoor and Recreation391 383 1,180 1,043 
$2,787 $2,699 $7,784 $6,696 
 Operating income (loss) (2)
Commercial Solutions$18 $84 $111 $(150)
Home Appliances19 19 35 (274)
Home Solutions75 123 189 (149)
Learning and Development195 158 522 288 
Outdoor and Recreation27 39 90 (411)
Corporate(53)(60)(169)(186)
$281 $363 $778 $(882)
September 30, 2021December 31, 2020
Segment assets
Commercial Solutions$2,516 $2,529 
Home Appliances1,094 970 
Home Solutions3,174 3,087 
Learning and Development4,561 4,663 
Outdoor and Recreation940 988 
Corporate2,235 2,463 
$14,520 $14,700 
Three Months
 Ended
September 30, 2020
Nine Months
Ended
September 30, 2020
Impairment of goodwill and indefinite-lived intangibles assets (3)
Commercial Solutions$— $320 
Home Appliances— 287 
Home Solutions— 302 
Learning and Development80 
Outdoor and Recreation— 482 
$2 $1,471 
(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 nine months ended September 30, 2021. During the three months ended September 30, 2020, the Company concluded that a triggering event had occurred for an indefinite-lived intangible asset in the Learning and Development segment as a result of a product line divestiture. During the three and nine months ended September 30, 2020, the Company recorded a non-cash charge of $2 million to reflect the impairment of this indefinite-lived intangible asset. During the nine months ended September 30, 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 September 30, 2021
 Commercial Solutions Home
Appliances
 Home
Solutions
 Learning and Development  Outdoor and Recreation Total
Commercial $381 $— $— $— $— $381 
Connected Home Security 105 — — — — 105 
Home Appliances— 443 — — — 443 
Food — — 330 — — 330 
Home Fragrance — — 268 — — 268 
Baby and Parenting — — — 359 — 359 
Writing — — — 510 — 510 
Outdoor and Recreation — — — — 391 391 
Total$486 $443 $598 $869 $391 $2,787 
North America$363 $249 $480 $651 $236 $1,979 
International123 194 118 218 155 808 
Total$486 $443 $598 $869 $391 $2,787 
Three Months Ended September 30, 2020
Commercial SolutionsHome
Appliances
Home
Solutions
Learning and DevelopmentOutdoor and RecreationTotal
Commercial$416 $— $— $— $— $416 
Connected Home Security119 — — — — 119 
Home Appliances— 430 — — — 430 
Food— — 353 — — 353 
Home Fragrance— — 270 — — 270 
Baby and Parenting— — — 307 — 307 
Writing— — — 421 — 421 
Outdoor and Recreation— — — — 383 383 
Total$535 $430 $623 $728 $383 $2,699 
North America$407 $249 $510 $529 $232 $1,927 
International128 181 113 199 151 772 
Total$535 $430 $623 $728 $383 $2,699 
Nine Months Ended September 30, 2021
Commercial SolutionsHome
Appliances
Home
Solutions
Learning and DevelopmentOutdoor and RecreationTotal
Commercial$1,162 $— $— $— $— $1,162 
Connected Home Security288 — — — — 288 
Home Appliances— 1,197 — — — 1,197 
Food— — 927 — — 927 
Home Fragrance— — 700 — — 700 
Baby and Parenting— — — 959 — 959 
Writing— — — 1,371 — 1,371 
Outdoor and Recreation— — — — 1,180 1,180 
Total$1,450 $1,197 $1,627 $2,330 $1,180 $7,784 
North America$1,071 $650 $1,306 $1,703 $669 $5,399 
International379 547 321 627 511 2,385 
Total$1,450 $1,197 $1,627 $2,330 $1,180 $7,784 
Nine Months Ended September 30, 2020
Commercial SolutionsHome
Appliances
Home
Solutions
Learning and DevelopmentOutdoor and RecreationTotal
Commercial$1,109 $— $— $— $— $1,109 
Connected Home Security252 — — — — 252 
Home Appliances— 1,021 — — — 1,021 
Food— — 849 — — 849 
Home Fragrance— — 535 — — 535 
Baby and Parenting— — — 790 — 790 
Writing— — — 1,097 — 1,097 
Outdoor and Recreation— — — — 1,043 1,043 
Total$1,361 $1,021 $1,384 $1,887 $1,043 $6,696 
North America$1,013 $597 $1,136 $1,393 $642 $4,781 
International348 424 248 494 401 1,915 
Total$1,361 $1,021 $1,384 $1,887 $1,043 $6,696