2023 Q1 Form 10-K Financial Statement

#000081445323000026 Filed on February 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $1.805B $2.285B $9.459B
YoY Change -24.41% -18.54% -10.67%
Cost Of Revenue $1.323B $1.685B $6.625B
YoY Change -19.72% -14.47% -9.16%
Gross Profit $482.0M $600.0M $2.834B
YoY Change -34.86% -28.14% -14.02%
Gross Profit Margin 26.7% 26.26% 29.96%
Selling, General & Admin $480.0M $2.031B $2.033B
YoY Change -7.34% 234.6% -10.6%
% of Gross Profit 99.59% 338.5% 71.74%
Research & Development $140.0M
YoY Change -8.5%
% of Gross Profit 4.94%
Depreciation & Amortization $81.00M $74.00M $296.0M
YoY Change 6.58% -8.64% -8.92%
% of Gross Profit 16.8% 12.33% 10.44%
Operating Expenses $480.0M $2.031B $2.173B
YoY Change -7.34% 234.6% -10.47%
Operating Profit -$36.00M -$273.0M $312.0M
YoY Change -116.59% -219.74% -67.02%
Interest Expense $68.00M -$282.0M $235.0M
YoY Change 15.25% 370.0% -8.2%
% of Operating Profit 75.32%
Other Income/Expense, Net -$12.00M $8.000M $81.00M
YoY Change -109.68% -38.46% 912.5%
Pretax Income -$116.0M -$330.0M $157.0M
YoY Change -141.13% -402.75% -77.34%
Income Tax -$14.00M -$81.00M -$40.00M
% Of Pretax Income -25.48%
Net Earnings -$102.0M -$249.0M $197.0M
YoY Change -143.59% -359.38% -65.56%
Net Earnings / Revenue -5.65% -10.9% 2.08%
Basic Earnings Per Share -$0.25 -$0.60 $0.47
Diluted Earnings Per Share -$0.25 -$0.60 $0.47
COMMON SHARES
Basic Shares Outstanding 413.6M shares 413.6M shares 415.7M shares
Diluted Shares Outstanding 413.9M shares 413.6M shares 417.4M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $271.0M $287.0M $287.0M
YoY Change -21.22% -34.77% -34.77%
Cash & Equivalents $271.0M $287.0M $287.0M
Short-Term Investments
Other Short-Term Assets $326.0M $312.0M $312.0M
YoY Change -6.59% -4.0% -4.0%
Inventory $2.240B $2.203B $2.203B
Prepaid Expenses
Receivables $1.218B $1.250B $1.250B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.055B $4.052B $4.052B
YoY Change -8.07% -4.93% -4.93%
LONG-TERM ASSETS
Property, Plant & Equipment $1.784B $1.762B $1.762B
YoY Change 55.94% 46.35% 0.0%
Goodwill $3.305B $3.298B
YoY Change -5.19% -5.88%
Intangibles $2.635B $2.649B
YoY Change -13.49% -21.39%
Long-Term Investments
YoY Change
Other Assets $699.0M $691.0M $1.501B
YoY Change -3.59% 47.97% 17.17%
Total Long-Term Assets $9.221B $9.210B $9.210B
YoY Change -5.84% -7.13% -7.13%
TOTAL ASSETS
Total Short-Term Assets $4.055B $4.052B $4.052B
Total Long-Term Assets $9.221B $9.210B $9.210B
Total Assets $13.28B $13.26B $13.26B
YoY Change -6.53% -6.47% -6.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.092B $1.062B $1.062B
YoY Change -33.86% -36.79% -36.79%
Accrued Expenses $1.319B $1.342B $1.342B
YoY Change -10.58% -15.65% -15.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $852.0M $621.0M $621.0M
YoY Change 28300.0% 20600.0% 20600.0%
Total Short-Term Liabilities $3.291B $3.078B $3.078B
YoY Change 3.39% -7.21% -7.21%
LONG-TERM LIABILITIES
Long-Term Debt $4.776B $4.756B $4.756B
YoY Change -2.13% -2.6% -2.6%
Other Long-Term Liabilities $870.0M $877.0M $1.389B
YoY Change -4.4% -10.78% -6.34%
Total Long-Term Liabilities $5.646B $5.633B $6.145B
YoY Change -2.49% -3.97% -3.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.291B $3.078B $3.078B
Total Long-Term Liabilities $5.646B $5.633B $6.145B
Total Liabilities $9.943B $9.743B $9.743B
YoY Change -2.75% -3.42% -3.42%
SHAREHOLDERS EQUITY
Retained Earnings -$2.440B -$2.338B
YoY Change 3.04% -10.15%
Common Stock $7.404B $7.491B
YoY Change -5.38% -8.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.333B $3.519B $3.519B
YoY Change
Total Liabilities & Shareholders Equity $13.28B $13.26B $13.26B
YoY Change -6.53% -6.47% -6.47%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$102.0M -$249.0M $197.0M
YoY Change -143.59% -359.38% -65.56%
Depreciation, Depletion And Amortization $81.00M $74.00M $296.0M
YoY Change 6.58% -8.64% -8.92%
Cash From Operating Activities -$77.00M $295.0M -$272.0M
YoY Change -71.69% -25.13% -130.77%
INVESTING ACTIVITIES
Capital Expenditures $83.00M $91.00M $312.0M
YoY Change -218.57% -184.26% -207.96%
Acquisitions
YoY Change
Other Investing Activities -$15.00M $14.00M -$38.00M
YoY Change 66.67% -30.0% 80.95%
Cash From Investing Activities -$68.00M -$77.00M $343.0M
YoY Change -112.16% -12.5% -227.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $325.0M
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities $128.0M -576.0M -$232.0M
YoY Change -132.57% 67.93% -79.7%
NET CHANGE
Cash From Operating Activities -$77.00M 295.0M -$272.0M
Cash From Investing Activities -$68.00M -77.00M $343.0M
Cash From Financing Activities $128.0M -576.0M -$232.0M
Net Change In Cash -$18.00M -358.0M -$174.0M
YoY Change -81.63% 867.57% -68.01%
FREE CASH FLOW
Cash From Operating Activities -$77.00M $295.0M -$272.0M
Capital Expenditures $83.00M $91.00M $312.0M
Free Cash Flow -$160.0M $204.0M -$584.0M
YoY Change -20.79% -59.36% -149.79%

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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates and Risks</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management’s application of U.S. GAAP in preparing the Company's consolidated financial statements requires the pervasive use of estimates and assumptions. The Company, which has been impacted in recent years by inflationary and supply chain pressures, labor shortages, and logistical challenges across its businesses, and more recently by the indirect macroeconomic impact of the Russia-Ukraine conflict, is also experiencing additional headwinds due to softening global demand and an increased focus by retailers to rebalance inventory levels in light of continued inflationary pressures on consumers. While all of the Company's segments have been negatively impacted to varying degrees by the softening global demand, the Home Appliances and Home Solutions segments have been the most impacted. These collective macroeconomic trends, the duration or severity of which are highly uncertain, are rapidly changing the retail landscape and negatively impacted the Company’s operating results, cash flows and financial condition in 2022 and are expected to persist into 2023. The high level of uncertainty of these factors has resulted in estimates and assumptions that have the potential for more variability and are more subjective. In addition, some of the other inherent estimates and assumptions used in the Company’s forecasted results of operations and cash flows that form the basis of the determination of the fair value of the reporting units for goodwill and indefinite-lived intangible asset impairment testing are outside the control of management, including interest rates, cost of capital, tax rates, industry growth, credit ratings, foreign exchange rates and labor inflation. Although management has made its best estimates and assumptions based upon current information, actual results could materially differ given the uncertainty of these factors and may require future changes to such estimates and assumptions, including reserves, which may result in future expense or impairment charges.</span></div>
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s forward exchange contracts generally do not subject the Company to risk due to foreign exchange rate movement, because gains and losses on these instruments generally offset gains and losses on the assets, liabilities and other transactions being hedged. The Company is exposed to credit-related losses in the event of non-performance by counterparties to certain derivative financial instruments. The Company does not obtain collateral or other security to support derivative financial instruments subject to credit risk, but monitors the credit standing of its counterparties.</span></div>
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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CY2022 nwl Effective Income Tax Rate Reconciliation Tax Credits Adjustments Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsAdjustmentsForeign
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CY2021 nwl Effective Income Tax Rate Reconciliation Tax Credits Adjustments Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsAdjustmentsForeign
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CY2020 nwl Effective Income Tax Rate Reconciliation Tax Credits Adjustments Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsAdjustmentsForeign
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 nwl Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses Adjustments Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLossesAdjustmentsPercent
0.207
CY2021 nwl Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses Adjustments Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLossesAdjustmentsPercent
0
CY2020 nwl Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses Adjustments Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLossesAdjustmentsPercent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
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CY2022 nwl Effective Income Tax Rate Reconciliation Capital Loss
EffectiveIncomeTaxRateReconciliationCapitalLoss
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CY2021 nwl Effective Income Tax Rate Reconciliation Capital Loss
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CY2020 nwl Effective Income Tax Rate Reconciliation Capital Loss
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022 nwl Effective Income Tax Rate Reconciliation Reversal Of Other Adjustments
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CY2021 nwl Effective Income Tax Rate Reconciliation Reversal Of Other Adjustments
EffectiveIncomeTaxRateReconciliationReversalOfOtherAdjustments
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CY2020 nwl Effective Income Tax Rate Reconciliation Reversal Of Other Adjustments
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CY2022 nwl Effective Income Tax Rate Reconciliation Non Deductible Compensation Expense Percent
EffectiveIncomeTaxRateReconciliationNonDeductibleCompensationExpensePercent
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CY2021 nwl Effective Income Tax Rate Reconciliation Non Deductible Compensation Expense Percent
EffectiveIncomeTaxRateReconciliationNonDeductibleCompensationExpensePercent
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CY2020 nwl Effective Income Tax Rate Reconciliation Non Deductible Compensation Expense Percent
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CY2022 nwl Effective Income Tax Rate Reconciliation Other Taxes Percent
EffectiveIncomeTaxRateReconciliationOtherTaxesPercent
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CY2021 nwl Effective Income Tax Rate Reconciliation Other Taxes Percent
EffectiveIncomeTaxRateReconciliationOtherTaxesPercent
0.013
CY2020 nwl Effective Income Tax Rate Reconciliation Other Taxes Percent
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CY2022 nwl Effective Income Tax Rate Reconciliation Income Inclusion On Asset Transfer
EffectiveIncomeTaxRateReconciliationIncomeInclusionOnAssetTransfer
0.503
CY2021 nwl Effective Income Tax Rate Reconciliation Income Inclusion On Asset Transfer
EffectiveIncomeTaxRateReconciliationIncomeInclusionOnAssetTransfer
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CY2020 nwl Effective Income Tax Rate Reconciliation Income Inclusion On Asset Transfer
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CY2022 nwl Effective Income Tax Rate Reconciliation Outbound Transferof Domestic Assets
EffectiveIncomeTaxRateReconciliationOutboundTransferofDomesticAssets
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CY2021 nwl Effective Income Tax Rate Reconciliation Outbound Transferof Domestic Assets
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CY2020 nwl Effective Income Tax Rate Reconciliation Outbound Transferof Domestic Assets
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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CY2022Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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CY2022Q4 nwl Unremitted Foreign Earnings
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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153000000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
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CY2022Q4 us-gaap Deferred Tax Assets Inventory
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CY2021Q4 us-gaap Deferred Tax Assets Inventory
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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CY2022Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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CY2022Q4 nwl Deferred Tax Asset Operating Lease Liability
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CY2021Q4 nwl Deferred Tax Asset Operating Lease Liability
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CY2022Q4 us-gaap Deferred Tax Assets Other
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180000000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
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CY2022Q4 us-gaap Deferred Tax Assets Gross
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CY2021Q4 us-gaap Deferred Tax Assets Gross
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 nwl Deferred Tax Liabilities Accelerated Depreciation
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CY2021Q4 nwl Deferred Tax Liabilities Accelerated Depreciation
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CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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CY2022Q4 nwl Deferred Tax Liabilities Change In Basis
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CY2021Q4 nwl Deferred Tax Liabilities Change In Basis
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CY2022Q4 nwl Deferred Tax Liability Operating Lease Assets
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CY2021Q4 nwl Deferred Tax Liability Operating Lease Assets
DeferredTaxLiabilityOperatingLeaseAssets
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CY2022Q4 nwl Deferred Tax Liabilities Foreign Inclusion Recapture
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CY2021Q4 nwl Deferred Tax Liabilities Foreign Inclusion Recapture
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CY2022Q4 us-gaap Deferred Tax Liabilities Other
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CY2021Q4 us-gaap Deferred Tax Liabilities Other
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2022Q4 us-gaap Deferred Income Tax Assets Net
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CY2021Q4 us-gaap Deferred Income Tax Assets Net
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CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
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CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
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CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2022Q4 us-gaap Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
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CY2022 nwl Tax Cuts And Jobs Acts Payment Of One Time Toll Charge
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CY2022 us-gaap Increase Decrease In Income Taxes Receivable
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2022 nwl Increase Decrease In Deferred Tax Liabilities
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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412000000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
387000000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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387000000 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2022Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Finance Lease Right Of Use Asset
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CY2021Q4 us-gaap Finance Lease Right Of Use Asset
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CY2022Q4 nwl Lease Assets Total
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580000000 usd
CY2021Q4 nwl Lease Assets Total
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CY2022Q4 us-gaap Operating Lease Liability Current
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CY2021Q4 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Finance Lease Liability Current
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CY2021Q4 us-gaap Finance Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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512000000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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CY2022Q4 us-gaap Finance Lease Liability Noncurrent
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CY2021Q4 us-gaap Finance Lease Liability Noncurrent
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CY2022Q4 nwl Lease Liability Total
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CY2021Q4 nwl Lease Liability Total
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CY2022 us-gaap Operating Lease Payments
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CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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CY2022 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Cost
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CY2022 us-gaap Variable Lease Cost
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CY2021 us-gaap Variable Lease Cost
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CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2021 us-gaap Operating Lease Payments
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CY2022 us-gaap Finance Lease Principal Payments
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CY2021 us-gaap Finance Lease Principal Payments
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2022Q4 us-gaap Finance Lease Liability Payments Due
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CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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90000000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Finance Lease Liability
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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424100000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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2700000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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428000000.0 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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424100000 shares
CY2022Q1 us-gaap Treasury Stock Shares Acquired
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275000000 shares
CY2022Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
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Files In Submission

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