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Segment Information
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s three reportable segments are:

SegmentKey BrandsDescription of Primary Products
Home and Commercial Solutions
Ball(1), Calphalon, Crockpot, FoodSaver, Mapa, Mr. Coffee, Oster, 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  DevelopmentDymo, Elmer’s, EXPO, Graco, NUK, Paper Mate, Parker and SharpieBaby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based products and labeling solutions
Outdoor and RecreationCampingaz, Coleman, Contigo and MarmotActive lifestyle products for outdoor and outdoor-related activities; technical apparel and on-the-go beverageware
(1) Ball Logo.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.
Selected information by segment is presented in the following tables (in millions):

Three Months Ended
 March 31,
20242023
 Net sales (1)
Home and Commercial Solutions$893 $971 
Learning and Development559 564 
Outdoor and Recreation201 270 
$1,653 $1,805 
 Operating income (loss) (2)
Home and Commercial Solutions$16 $(37)
Learning and Development94 72 
Outdoor and Recreation(18)(1)
Corporate(76)(70)
$16 $(36)
March 31, 2024December 31, 2023
Segment assets
Home and Commercial Solutions$4,585 $4,713 
Learning and Development4,082 4,111 
Outdoor and Recreation690 687 
Corporate2,743 2,652 
$12,100 $12,163 

(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).


The following table disaggregates revenue by major product grouping source for the periods indicated (in millions):
Three Months Ended
 March 31,
20242023
Commercial$324 $348 
Kitchen438 459 
Home Fragrance131 164 
Home and Commercial Solutions 893 971 
Baby220 217 
Writing339 347 
Learning and Development559 564 
Outdoor and Recreation201 270 
TOTAL$1,653 $1,805 
The following table disaggregates revenue by geography for the periods indicated (in millions):
Three Months Ended March 31,
20242023
North
America		InternationalTOTALNorth
America		InternationalTOTAL
Home and Commercial Solutions $576 $317 $893 $643 $328 $971 
Learning and Development392 167 559 395 169 564 
Outdoor and Recreation108 93 201 146 124 270 
$1,076 $577 $1,653 $1,184 $621 $1,805