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Segment Information
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
On March 31, 2022, the Company sold its CH&S business unit to Resideo Technologies, Inc. The results of operations for CH&S continued to be reported in the Consolidated Statements of Operations as part of the Commercial Solutions segment through March 31, 2022.

The Company’s five primary operating segments are as follows:

SegmentKey BrandsDescription of Primary Products
Commercial SolutionsMapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and SpontexCommercial cleaning and maintenance solutions; closet and garage organization; hygiene systems and material handling solutions
Home AppliancesCalphalon, Crockpot, Mr. Coffee, Oster and SunbeamHousehold 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 DevelopmentAprica, Baby Jogger, Dymo, Elmer’s, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Tigex, Waterman and X-ActoBaby 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 RecreationCampingaz, Coleman, Contigo, ExOfficio, and MarmotProducts for outdoor and outdoor-related activities
(1) nwl-20221231_g1.gif and Ball®, TM of Ball Corporation, used under license.
This structure reflects the manner in which the chief operating decision maker (“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.

The Company’s segment and geographic results are as follows at and for the years ended December 31, (in millions):
 202220212020
Net sales (1)
Commercial Solutions (3)
$1,691 $1,953 $1,859 
Home Appliances1,390 1,738 1,539 
Home Solutions2,113 2,386 2,138 
Learning and Development2,950 3,028 2,557 
Outdoor and Recreation1,315 1,484 1,292 
$9,459 $10,589 $9,385 
 202220212020
Operating income (loss) (2)
Commercial Solutions (3)
$143 $159 $(89)
Home Appliances(47)70 (238)
Home Solutions(308)337 (4)
Learning and Development593 600 364 
Outdoor and Recreation86 90 (418)
Corporate(155)(243)(244)
$312 $1,013 $(629)
 202220212020
Depreciation and amortization
Commercial Solutions (3)
$43 $57 $57 
Home Appliances18 24 20 
Home Solutions84 88 93 
Learning and Development60 57 64 
Outdoor and Recreation34 35 39 
Corporate57 64 84 
$296 $325 $357 
 202220212020
Impairment of goodwill and intangible assets
Commercial Solutions$— $29 $320 
Home Appliances15 — 287 
Home Solutions429 — 302 
Learning and Development30 31 100 
Outdoor and Recreation— — 482 
$474 $60 $1,491 
 202220212020
Capital expenditures
Commercial Solutions (3)
$50 $67 $72 
Home Appliances12 18 12 
Home Solutions45 46 42 
Learning and Development70 73 69 
Outdoor and Recreation21 24 24 
Corporate114 61 40 
$312 $289 $259 


 December 31, 2022December 31, 2021
Segment assets
Commercial Solutions (3)
$1,902 $2,589 
Home Appliances811 1,055 
Home Solutions2,530 3,140 
Learning and Development4,494 4,395 
Outdoor and Recreation920 905 
Corporate2,605 2,185 
$13,262 $14,269 

Geographic area information
202220212020
Net Sales (1) (4)
United States$6,144 $6,921 $6,260 
Canada375 444 413 
Total North America6,519 7,365 6,673 
Europe, Middle East and Africa1,408 1,647 1,394 
Latin America837 810 657 
Asia Pacific695 767 661 
Total International2,940 3,224 2,712 
$9,459 $10,589 $9,385 
(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 headquarters 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 sales basis, and the allocated depreciation and amortization are included in segment operating income (loss).
(3)Commercial Solutions net sales, operating income, depreciation and amortization, capital expenditures and segment assets exclude the CH&S business as a result of the sale of this business starting from the end of the first quarter of 2022.
(4)Geographic sales information is based on the region from which the products are shipped and invoiced. Long-lived assets by geography are not presented because it is impracticable to do so.

The Company’s largest customer, Walmart Inc. and subsidiaries (“Walmart”), accounted for approximately 14% of net sales in 2022 and 15% of net sales in each of 2021 and 2020. Amazon, the Company's second largest customer, accounted for approximately 13% of net sales in each of 2022 and 2021 and 12% of net sales in 2020.
The following table disaggregates revenue by major product grouping source and geography for the years ended December 31, (in millions):
202220212020
Commercial$1,582 $1,558 $1,502 
Connected Home and Security109 395 357 
Commercial Solutions1,691 1,953 1,859 
Home Appliances1,390 1,738 1,539 
Food1,228 1,295 1,220 
Home Fragrance885 1,091 918 
Home Solutions2,113 2,386 2,138 
Baby1,197 1,265 1,112 
Writing1,753 1,763 1,445 
Learning and Development2,950 3,028 2,557 
Outdoor and Recreation1,315 1,484 1,292 
TOTAL$9,459 $10,589 $9,385 
North America
Commercial Solutions$1,232 $1,452 $1,387 
Home Appliances678 976 901 
Home Solutions1,715 1,891 1,735 
Learning and Development2,156 2,172 1,845 
Outdoor and Recreation738 874 805 
$6,519 $7,365 $6,673 
International
Commercial Solutions$459 $501 $472 
Home Appliances712 762 638 
Home Solutions398 495 403 
Learning and Development794 856 712 
Outdoor and Recreation577 610 487 
$2,940 $3,224 $2,712 
TOTAL
Commercial Solutions$1,691 $1,953 $1,859 
Home Appliances1,390 1,738 1,539 
Home Solutions2,113 2,386 2,138 
Learning and Development2,950 3,028 2,557 
Outdoor and Recreation1,315 1,484 1,292 
$9,459 $10,589 $9,385 
Beginning in January 2023, the Company will combine its previously reported Commercial Solutions, Home Appliances and Home Solutions operating segments into one operating segment, Home and Commercial Solutions. This change by the CODM was driven by the implementation of a new operating model which is intended to drive further simplification and unlock additional efficiencies and synergies within the Company. The Learning and Development and Outdoor and Recreation operating segments will remain as the Company’s other two operating segments. The Company will recast prior period comparable results in its first quarter 2023 reporting to conform to this operating segment change.