2023 Q4 Form 10-Q Financial Statement

#000081445323000148 Filed on October 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $2.076B $2.048B
YoY Change -9.15% -9.06%
Cost Of Revenue $1.455B $1.427B
YoY Change -13.65% -10.76%
Gross Profit $621.0M $621.0M
YoY Change 3.5% -4.9%
Gross Profit Margin 29.91% 30.32%
Selling, General & Admin $544.0M $501.0M
YoY Change -73.22% 7.28%
% of Gross Profit 87.6% 80.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $94.00M $53.00M
YoY Change 27.03% 6.0%
% of Gross Profit 15.14% 8.53%
Operating Expenses $544.0M $501.0M
YoY Change -73.22% 7.28%
Operating Profit $77.00M -$159.0M
YoY Change -128.21% -554.29%
Interest Expense -$70.00M $69.00M
YoY Change -75.18% 21.05%
% of Operating Profit -90.91%
Other Income/Expense, Net -$84.00M -$70.00M
YoY Change -1150.0% 775.0%
Pretax Income -$164.0M -$298.0M
YoY Change -50.3% 893.33%
Income Tax -$78.00M -$80.00M
% Of Pretax Income
Net Earnings -$86.00M -$218.0M
YoY Change -65.46% -803.23%
Net Earnings / Revenue -4.14% -10.64%
Basic Earnings Per Share -$0.53
Diluted Earnings Per Share -$0.21 -$0.53
COMMON SHARES
Basic Shares Outstanding 414.2M shares 414.2M shares
Diluted Shares Outstanding 414.2M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $332.0M $396.0M
YoY Change 15.68% -37.74%
Cash & Equivalents $332.0M $396.0M
Short-Term Investments
Other Short-Term Assets $296.0M $362.0M
YoY Change -5.13% -25.05%
Inventory $1.531B $1.778B
Prepaid Expenses
Receivables $1.195B $1.212B
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.354B $3.748B
YoY Change -17.23% -27.2%
LONG-TERM ASSETS
Property, Plant & Equipment $1.727B $1.723B
YoY Change -1.99% 53.29%
Goodwill $3.071B $3.049B
YoY Change -6.88% -7.61%
Intangibles $2.488B $2.550B
YoY Change -6.08% -11.12%
Long-Term Investments
YoY Change
Other Assets $1.523B $719.0M
YoY Change 120.41% -17.73%
Total Long-Term Assets $8.809B $8.824B
YoY Change -4.35% -7.41%
TOTAL ASSETS
Total Short-Term Assets $3.354B $3.748B
Total Long-Term Assets $8.809B $8.824B
Total Assets $12.16B $12.57B
YoY Change -8.29% -14.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.003B $1.084B
YoY Change -5.56% -24.57%
Accrued Expenses $1.565B $1.480B
YoY Change 16.62% -3.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $329.0M $376.0M
YoY Change -47.02% -65.12%
Total Short-Term Liabilities $2.897B $3.019B
YoY Change -5.88% -26.51%
LONG-TERM LIABILITIES
Long-Term Debt $4.575B $4.737B
YoY Change -3.81% -0.52%
Other Long-Term Liabilities $1.338B $839.0M
YoY Change 52.57% -3.78%
Total Long-Term Liabilities $5.913B $5.576B
YoY Change 4.97% -1.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.897B $3.019B
Total Long-Term Liabilities $5.913B $5.576B
Total Liabilities $9.051B $9.446B
YoY Change -7.1% -13.36%
SHAREHOLDERS EQUITY
Retained Earnings -$2.726B -$2.640B
YoY Change 16.6% 23.77%
Common Stock $7.355B $7.368B
YoY Change -1.82% -2.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.112B $3.126B
YoY Change
Total Liabilities & Shareholders Equity $12.16B $12.57B
YoY Change -8.29% -14.35%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$86.00M -$218.0M
YoY Change -65.46% -803.23%
Depreciation, Depletion And Amortization $94.00M $53.00M
YoY Change 27.03% 6.0%
Cash From Operating Activities $251.0M $402.0M
YoY Change -14.92% -443.59%
INVESTING ACTIVITIES
Capital Expenditures $75.00M $67.00M
YoY Change -17.58% -182.72%
Acquisitions
YoY Change
Other Investing Activities $23.00M $14.00M
YoY Change 64.29% 600.0%
Cash From Investing Activities -$52.00M -$53.00M
YoY Change -32.47% -32.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -259.0M -247.0M
YoY Change -55.03% -146.69%
NET CHANGE
Cash From Operating Activities 251.0M 402.0M
Cash From Investing Activities -52.00M -53.00M
Cash From Financing Activities -259.0M -247.0M
Net Change In Cash -60.00M 102.0M
YoY Change -83.24% -69.37%
FREE CASH FLOW
Cash From Operating Activities $251.0M $402.0M
Capital Expenditures $75.00M $67.00M
Free Cash Flow $176.0M $335.0M
YoY Change -13.73% -1030.56%

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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: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 condensed consolidated financial statements requires the pervasive use of estimates and assumptions. The Company continues to be impacted by inflationary pressures, softening global demand, focus by major retailers on the rebalancing of inventory levels, rising interest rates and indirect macroeconomic impacts from the Russia-Ukraine conflict. These collective macroeconomic trends, the duration or severity of which are highly uncertain, are rapidly changing the retail and consumer landscape and are expected to continue to negatively impact the Company’s operating results, cash flows and financial condition during the current year. As consumers continue to face widespread increases in prices and interest rates, their discretionary spending and purchase patterns may continue to be unfavorably impacted. 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>
us-gaap Accounts Receivable Sale
AccountsReceivableSale
345000000 usd
CY2022 nwl Increase Decrease In Factored Accounts Receivable
IncreaseDecreaseInFactoredAccountsReceivable
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CY2023Q3 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
100000000 usd
CY2022Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
100000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
2203000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
3298000000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
241000000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-8000000 usd
CY2023Q3 us-gaap Goodwill Gross
GoodwillGross
8229000000 usd
CY2023Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
5180000000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
3049000000 usd
CY2023Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3525000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
975000000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2550000000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3545000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
896000000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2649000000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28000000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
82000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
76000000 usd
CY2023Q3 nwl Customer Accruals Current
CustomerAccrualsCurrent
702000000 usd
CY2022Q4 nwl Customer Accruals Current
CustomerAccrualsCurrent
636000000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
119000000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
121000000 usd
CY2023Q3 nwl Accrued Self Insurance Liabilities Contingencies And Warranties
AccruedSelfInsuranceLiabilitiesContingenciesAndWarranties
105000000 usd
CY2022Q4 nwl Accrued Self Insurance Liabilities Contingencies And Warranties
AccruedSelfInsuranceLiabilitiesContingenciesAndWarranties
99000000 usd
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
97000000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
63000000 usd
CY2023Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
79000000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
53000000 usd
CY2023Q3 nwl Accrued Marketing And Freight Expenses Current
AccruedMarketingAndFreightExpensesCurrent
72000000 usd
CY2022Q4 nwl Accrued Marketing And Freight Expenses Current
AccruedMarketingAndFreightExpensesCurrent
73000000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
235000000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
227000000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1409000000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1272000000 usd
CY2023Q3 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2022Q4 us-gaap Commercial Paper
CommercialPaper
359000000 usd
CY2023Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
2000000 usd
CY2022Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
2000000 usd
CY2023Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5113000000 usd
CY2022Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5377000000 usd
CY2023Q3 us-gaap Debt Current
DebtCurrent
376000000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
621000000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4737000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4756000000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
29000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
27000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
92000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-5000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
128000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
7000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
8000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
3000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
229000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
10000000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-7000000 usd
CY2023Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
15000000 usd
CY2022Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-7000000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.268
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.463
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.203
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.084
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-71000000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
10000000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
16000000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Tax Settlements Foreign
IncomeTaxReconciliationTaxSettlementsForeign
18000000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10000000 usd
CY2022Q3 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
58000000 usd
CY2022Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
6000000 usd
CY2022Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2000000 usd
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
11000000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4000000 usd
us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
16000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-159000000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414200000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
413600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
416400000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000.0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1900000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414200000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
418300000 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1500000 shares
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
40000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-75000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
585000000 usd
CY2023Q3 nwl Segment Assets
SegmentAssets
12572000000 usd
CY2022Q4 nwl Segment Assets
SegmentAssets
13262000000 usd
CY2023Q3 nwl Impairmentof Intangible Assets Indefinitelived Including Goodwill
ImpairmentofIntangibleAssetsIndefinitelivedIncludingGoodwill
263000000 usd
CY2022Q3 nwl Impairmentof Intangible Assets Indefinitelived Including Goodwill
ImpairmentofIntangibleAssetsIndefinitelivedIncludingGoodwill
148000000 usd
nwl Impairmentof Intangible Assets Indefinitelived Including Goodwill
ImpairmentofIntangibleAssetsIndefinitelivedIncludingGoodwill
271000000 usd
nwl Impairmentof Intangible Assets Indefinitelived Including Goodwill
ImpairmentofIntangibleAssetsIndefinitelivedIncludingGoodwill
148000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2048000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2252000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6057000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7174000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2048000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2252000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6057000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7174000000 usd
CY2022Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
103000000 usd
us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
36000000 usd
nwl Number Of General Notice Letter Recipients
NumberOfGeneralNoticeLetterRecipients
100 entity
CY2023Q3 nwl Number Of Operable Units
NumberOfOperableUnits
4 unit
CY2021Q4 nwl Miles Of River Included In The Remedial Investigation And Feasibility Study
MilesOfRiverIncludedInTheRemedialInvestigationAndFeasibilityStudy
9 mi
CY2021Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
441000000 usd
CY2018Q2 nwl Number Of Parties Sued
NumberOfPartiesSued
100 party
CY2018Q2 us-gaap Loss Contingency Number Of Defendants
LossContingencyNumberOfDefendants
42 defendant
CY2023Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
40000000 usd
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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