Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The Company's three primary reportable segments are:

Segment	Key Brands	Description of Primary Products
Home and Commercial Solutions	Ball(1), Calphalon, Chesapeake Bay Candle, Crockpot, FoodSaver, Mapa, Mr. Coffee, Oster, Quickie, 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	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 products and labeling solutions
Outdoor and Recreation	Campingaz, Coleman, Contigo, ExOfficio and Marmot	Products for outdoor and outdoor-related activities

(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,
	2023		2022		2023		2022
Net sales (1)
Home and Commercial Solutions (3)	$	1,123	$	1,212	$	3,152	$	3,804
Learning and Development	694		751		2,071		2,266
Outdoor and Recreation	231		289		834		1,104
	$	2,048	$	2,252	$	6,057	$	7,174
Operating income (loss) (2)
Home and Commercial Solutions (3)	$	64	$	(75)	$	6	$	88
Learning and Development	(127)		122		133		505
Outdoor and Recreation	(42)		6		(38)		100
Corporate	(54)		(13)		(176)		(108)
	$	(159)	$	40	$	(75)	$	585
					September 30, 2023		December 31, 2022
Segment assets
Home and Commercial Solutions					$	4,964	$	5,243
Learning and Development					4,126		4,494
Outdoor and Recreation					742		920
Corporate					2,740		2,605
					$	12,572	$	13,262
	Three Months Ended September 30,				Nine Months Ended  September 30,
	2023		2022		2023		2022
Impairment of goodwill and indefinite-lived intangibles assets
Home and Commercial Solutions	$	—	$	123	$	8	$	123
Learning and Development	241		25		241		25
Outdoor and Recreation	22		—		22		—
	$	263	$	148	$	271	$	148

(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).

(3)Home and Commercial Solutions net sales and operating income for the first quarter of 2022 include the CH&S business prior to its sale.

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,
	2023		2022		2023		2022
Commercial	$	368	$	397	$	1,094	$	1,227
Kitchen	578		604		1,586		1,896
Home Fragrance	177		211		472		572
Connected Home and Security	—		—		—		109
Home and Commercial Solutions	1,123		1,212		3,152		3,804
Baby	246		297		714		901
Writing	448		454		1,357		1,365
Learning and Development	694		751		2,071		2,266
Outdoor and Recreation	231		289		834		1,104
TOTAL	$	2,048	$	2,252	$	6,057	$	7,174

The following table disaggregates revenue by geography for the periods indicated (in millions):

	Three Months Ended September 30,
	2023						2022
	North America		International		TOTAL		North America		International		TOTAL
Home and Commercial Solutions	$	764	$	359	$	1,123	$	835	$	377	$	1,212
Learning and Development	501		193		694		559		192		751
Outdoor and Recreation	131		100		231		159		130		289
	$	1,396	$	652	$	2,048	$	1,553	$	699	$	2,252
	Nine Months Ended September 30,
	2023						2022
	North America		International		TOTAL		North America		International		TOTAL
Home and Commercial Solutions	$	2,105	$	1,047	$	3,152	$	2,673	$	1,131	$	3,804
Learning and Development	1,505		566		2,071		1,683		583		2,266
Outdoor and Recreation	465		369		834		606		498		1,104
	$	4,075	$	1,982	$	6,057	$	4,962	$	2,212	$	7,174