Market Summary
USD8.97-0.10
Market Closed-1.10%
NWL Stock Price
NWL RSI Chart
NWL Valuation
NWL Price/Sales (Trailing)
NWL Profitability
NWL Fundamentals
NWL Revenue
NWL Earnings
Price Action
52 Week Range
7.8016.76
(Low)(High)
Last 7 days
-5.5%
Last 30 days
-13.5%
Last 90 days
14.3%
Trailing 12 Months
-39.4%
NWL Financial Health
NWL Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for NWL
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-15 | Stahl Stephanie | acquired | - | - | 4,189 | - |
2023-05-15 | Willetts David | acquired | - | - | 1,868 | - |
2023-05-05 | SPRIESER JUDITH A | acquired | - | - | 7,082 | - |
2023-05-05 | RYAN BERMAN BRIDGET | acquired | - | - | 7,082 | - |
2023-05-05 | LOPEZ GERARDO I | acquired | - | - | 7,082 | - |
2023-05-05 | Malkoski Kristine Kay | acquired | - | - | 1,106 | segment ceo - learning & dev. |
2023-05-05 | Malkoski Kristine Kay | sold (taxes) | -3,366 | 10.11 | -333 | segment ceo - learning & dev. |
2023-05-05 | Steele Robert Allan | acquired | - | - | 7,082 | - |
2023-05-04 | Erceg Mark J | bought | 904,038 | 9.98 | 90,585 | chief financial officer |
2023-05-04 | Geller Michal J. | acquired | - | - | 6,237 | president, ecommerce & digital |
Which funds bought or sold NWL recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | new | - | 1,675,110 | 1,675,110 | 0.01% |
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | -235 | 562 | -% |
2023-09-20 | BARCLAYS PLC | added | 71.98 | 1,289,000 | 7,638,000 | -% |
2023-09-12 | Farther Finance Advisors, LLC | added | 28.16 | -1,031 | 8,909 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 1,305 | 1,305 | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | -56.00 | 131 | -% |
2023-08-28 | Willow Creek Wealth Management Inc. | unchanged | - | -63,217 | 147,056 | 0.02% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 73.76 | 78,073 | 344,073 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -6.33 | -412,344 | 783,079 | 0.08% |
2023-08-22 | COMERICA BANK | sold off | - | - | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Newell Brands
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Aug 30, 2023 | icahn carl c | 2.05% | 8,501,652 | SC 13D/A | |
| Aug 11, 2023 | icahn carl c | 2.47% | 10,248,579 | SC 13D/A | |
| Mar 15, 2023 | icahn carl c | 2.93% | 12,108,191 | SC 13D/A | |
| Feb 09, 2023 | vanguard group inc | 10.65% | 44,046,325 | SC 13G/A | |
| Feb 07, 2023 | state street corp | 5.42% | 22,420,824 | SC 13G | |
| Jan 23, 2023 | jpmorgan chase & co | 5.3% | 22,076,283 | SC 13G/A | |
| Jan 23, 2023 | blackrock inc. | 13.4% | 55,564,221 | SC 13G/A | |
| Jan 20, 2023 | pzena investment management llc | 11.45% | 47,361,679 | SC 13G/A | |
| Nov 08, 2022 | pzena investment management llc | 10.33% | 42,742,989 | SC 13G/A | |
| Feb 22, 2022 | icahn carl c | 3.31% | 13,751,333 | SC 13D/A |
Recent SEC filings of Newell Brands
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 18, 2023 | 8-K | Current Report | |
| Aug 30, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Aug 11, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Aug 11, 2023 | 8-K | Current Report | |
| Jul 28, 2023 | 8-K | Current Report | |
| Jul 28, 2023 | 10-Q | Quarterly Report | |
| Jul 07, 2023 | 4 | Insider Trading | |
| Jul 07, 2023 | 4 | Insider Trading | |
| Jul 07, 2023 | 4 | Insider Trading | |
| Jul 07, 2023 | 4 | Insider Trading |
NWL Fair Value
Loading...
Peers (Alternatives to Newell Brands)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
DHI | 37.0B | 34.6B | -7.26% | 54.05% | 7.57 | 1.07 | 8.28% | -12.38% |
GRMN | 20.2B | 4.9B | 1.89% | 26.97% | 20.28 | 4.1 | -1.64% | -2.00% |
PHM | 16.4B | 16.9B | -7.18% | 90.03% | 5.95 | 0.97 | 13.54% | 23.01% |
| MID-CAP | ||||||||
BLD | 7.9B | 5.1B | -13.24% | 53.41% | 13.25 | 1.54 | 18.28% | 38.33% |
WHR | 7.2B | 19.1B | -2.30% | -5.49% | -4.64 | 0.38 | -10.19% | -317.37% |
MHK | 6.2B | 11.3B | -11.02% | -7.79% | -19.33 | 0.54 | -3.59% | -132.36% |
NWL | 3.7B | 8.5B | -13.50% | -39.43% | -11.83 | 0.43 | -18.72% | -142.43% |
HELE | 2.8B | 2.0B | -4.71% | 5.29% | 19.79 | 1.37 | -6.89% | -26.19% |
SONO | 1.6B | 1.7B | -6.97% | -10.72% | -38.16 | 0.99 | -7.19% | -135.13% |
| SMALL-CAP | ||||||||
GRBK | 1.9B | 1.7B | -15.28% | 89.00% | 7.03 | 1.08 | 1.99% | -2.29% |
IRBT | 1.0B | 1.0B | -1.17% | -35.70% | -2.76 | 1 | -28.44% | -677.98% |
GPRO | 507.0M | 1.0B | -15.90% | -35.94% | -19.18 | 0.49 | -11.34% | -107.10% |
LOVE | 301.5M | 663.4M | -13.94% | -6.91% | 13.63 | 0.45 | 21.78% | -51.64% |
VUZI | 214.7M | 14.7M | -20.61% | -48.40% | -5.43 | 14.61 | 24.01% | 7.03% |
TUP | 62.3M | - | -37.83% | -79.04% | 1.67 | 0.04 | - | - |
Newell Brands News
Returns for NWL
Cumulative Returns on NWL
-7.9%
10-Year Cumulative Returns
-19.6%
7-Year Cumulative Returns
-13.2%
5-Year Cumulative Returns
-17.7%
3-Year Cumulative Returns
Risks for NWL
What is the probability of a big loss on NWL?
86.5%
Probability that Newell Brands stock will be more than 20% underwater in next one year
69.6%
Probability that Newell Brands stock will be more than 30% underwater in next one year.
60.8%
Probability that Newell Brands stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does NWL drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Newell Brands was unfortunately bought at previous high price.
Drawdowns
Financials for Newell Brands
Income Statement (Last 12 Months)
| Income Statement (Last 12 Months) | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -3.7% | 8,546,000,000 | 8,876,000,000 | 9,459,000,000 | 9,979,000,000 | 10,514,000,000 | 10,689,000,000 | 10,589,000,000 | 10,473,000,000 | 10,385,000,000 | 9,787,000,000 | 9,385,000,000 | 9,320,000,000 | 9,190,000,000 | 9,559,000,000 | 9,715,000,000 | 10,183,900,000 | 10,163,600,000 | 9,885,200,000 | 10,154,000,000 | 10,669,400,000 | 10,587,300,000 |
| Cost Of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,939,500,000 | 10,081,000,000 |
| Gross Profit | -8.0% | 2,380,000,000 | 2,587,000,000 | 2,834,000,000 | 3,131,000,000 | 3,326,000,000 | 3,372,000,000 | 3,363,000,000 | 3,350,000,000 | 3,416,000,000 | 3,198,000,000 | 3,084,000,000 | 3,047,000,000 | 2,980,000,000 | 3,181,000,000 | 3,219,000,000 | 3,429,700,000 | 3,498,100,000 | 3,407,900,000 | 3,518,000,000 | 3,656,800,000 | 3,606,300,000 |
| S&GA Expenses | -1.4% | 1,967,000,000 | 1,995,000,000 | 2,033,000,000 | 2,096,000,000 | 2,190,000,000 | 2,258,000,000 | 2,274,000,000 | 2,275,000,000 | 2,259,000,000 | 2,175,000,000 | 2,189,000,000 | 2,221,000,000 | 2,306,000,000 | 2,430,000,000 | 2,451,000,000 | 2,551,900,000 | 2,526,300,000 | 2,527,900,000 | 2,648,000,000 | 2,715,700,000 | 2,799,200,000 |
| EBITDA | -100.0% | - | 310,000,000 | 688,000,000 | 1,131,000,000 | 1,404,000,000 | 1,355,000,000 | 1,274,000,000 | 1,228,000,000 | 1,304,000,000 | 1,233,000,000 | -375,000,000 | -657,400,000 | -1,844,600,000 | -1,837,566,666 | -102,600,000 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.03 | 0.07 | 0.11 | 0.13 | 0.13 | 0.12 | 0.12 | 0.13 | 0.13 | -0.04 | -0.07 | -0.20 | -0.19 | -0.01 | - | - | - | - | - | - |
| Interest Expenses | 8.6% | 265,000,000 | 244,000,000 | 235,000,000 | 230,000,000 | 238,000,000 | 248,000,000 | 256,000,000 | 266,000,000 | 272,000,000 | 278,000,000 | 274,000,000 | 275,000,000 | 279,000,000 | 277,333,333 | 303,000,000 | 300,000,000 | - | - | 446,000,000 | - | - |
| Earnings Before Taxes | -92.3% | -452,000,000 | -235,000,000 | 157,000,000 | 598,000,000 | 889,000,000 | 904,000,000 | 760,000,000 | 755,000,000 | 788,000,000 | 614,000,000 | -1,001,000,000 | -1,050,000,000 | -2,301,000,000 | -2,241,000,000 | -852,000,000 | -888,100,000 | -7,865,000,000 | -8,041,400,000 | -7,992,000,000 | -7,762,500,000 | 162,400,000 |
| EBT Margin | 100.0% | - | -0.03 | 0.02 | 0.06 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.06 | -0.11 | -0.14 | -0.28 | -0.27 | -0.09 | - | - | - | - | - | - |
| Net Income | -136.1% | -314,000,000 | -133,000,000 | 197,000,000 | 544,000,000 | 740,000,000 | 757,000,000 | 622,000,000 | 655,000,000 | 744,000,000 | 606,000,000 | -766,000,000 | -103,000,000 | -1,033,000,000 | -1,021,000,000 | 107,000,000 | -503,000,000 | -7,188,000,000 | -7,146,300,000 | -6,942,000,000 | -5,473,100,000 | 2,072,300,000 |
| Net Income Margin | 100.0% | - | -0.01 | 0.02 | 0.05 | 0.07 | 0.07 | 0.05 | 0.06 | 0.07 | 0.06 | -0.08 | -0.01 | -0.11 | -0.11 | 0.01 | - | - | - | - | - | - |
| Free Cashflow | 100.0% | - | -77,000,000 | -272,000,000 | -173,000,000 | 358,000,000 | 637,000,000 | 884,000,000 | 1,070,000,000 | 1,344,000,000 | 1,384,000,000 | 1,432,000,000 | 1,440,000,000 | 1,185,100,000 | 1,267,400,000 | 1,044,000,000 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -1.9% | 13,020 | 13,276 | 13,262 | 14,678 | 14,448 | 14,204 | 14,269 | 14,520 | 14,620 | 14,340 | 14,700 | 14,720 | 14,257 | 13,903 | 15,642 | 16,010 | 17,666 | 18,106 | 17,722 | 22,398 | 32,191 |
| Current Assets | -5.3% | 3,839 | 4,055 | 4,052 | 5,148 | 4,757 | 4,411 | 4,352 | 4,616 | 4,655 | 4,385 | 4,628 | 4,704 | 4,286 | 3,917 | 4,110 | 5,468 | 7,062 | 7,516 | 5,959 | 12,209 | 13,747 |
| Cash Equivalents | 17.0% | 317 | 271 | 287 | 636 | 338 | 379 | 477 | 517 | 648 | 689 | 1,021 | 865 | 634 | 487 | 371 | 466 | 625 | 364 | 496 | 1,444 | 2,279 |
| Inventory | -13.5% | 1,937 | 2,240 | 2,203 | 2,527 | 2,522 | 2,297 | 2,087 | 2,098 | 2,016 | 1,901 | 1,638 | 1,718 | 1,714 | 1,700 | 1,606 | 1,877 | 1,845 | 1,799 | 1,761 | 1,858 | 1,860 |
| Net PPE | - | - | - | - | 1,124 | 1,138 | 1,144 | 1,204 | 1,155 | 1,158 | 1,151 | 1,176 | 1,115 | 1,118 | 1,123 | 1,155 | 1,057 | 923 | 931 | 1,226 | 917 | 929 |
| Goodwill | 0.2% | 3,310 | 3,305 | 3,298 | 3,300 | 3,450 | 3,486 | 3,504 | 3,516 | 3,533 | 3,525 | 3,553 | 3,523 | 3,496 | 3,483 | 3,709 | 3,687 | 2,966 | 2,958 | 3,874 | 2,974 | 6,836 |
| Liabilities | -2.4% | 9,705 | 9,943 | 9,743 | 10,902 | 10,501 | 10,224 | 10,111 | 10,463 | 10,609 | 10,479 | 10,800 | 10,970 | 10,741 | 10,424 | 10,646 | 11,842 | 12,662 | 13,123 | 12,469 | 16,372 | 18,200 |
| Current Liabilities | -7.0% | 3,060 | 3,291 | 3,078 | 4,108 | 4,630 | 3,183 | 3,317 | 3,709 | 3,776 | 3,363 | 3,621 | 3,108 | 2,917 | 2,951 | 2,978 | 3,684 | 3,136 | 3,552 | 3,304 | 4,097 | 4,343 |
| LT Debt, Non Current | -0.5% | 4,753 | 4,776 | 4,756 | 4,762 | 3,793 | 4,880 | 4,883 | 4,884 | 4,885 | 5,135 | 5,141 | 5,794 | 5,781 | 5,375 | 5,391 | 5,692 | 6,708 | 6,695 | 6,696 | 9,297 | 9,301 |
| Shareholder's Equity | -0.5% | 3,315 | 3,333 | 3,519 | 3,776 | 4,022 | 4,047 | 4,158 | 4,057 | 4,011 | 3,861 | 3,917 | 3,750 | 3,516 | 3,479 | 5,009 | 4,169 | 5,004 | 4,983 | 5,253 | 6,026 | 13,991 |
| Retained Earnings | 0.7% | -2,422 | -2,440 | -2,338 | -2,133 | -2,164 | -2,368 | -2,535 | -2,698 | -2,888 | -3,085 | -3,174 | -3,301 | -3,605 | -3,683 | -2,404 | -3,198 | -2,572 | -2,662 | -2,511 | -2,694 | 4,625 |
| Additional Paid-In Capital | -0.3% | 6,945 | 6,965 | 7,052 | 7,143 | 7,251 | 7,384 | 7,734 | 7,819 | 7,906 | 7,993 | 8,078 | 8,164 | 8,252 | 8,340 | 8,430 | 8,516 | 8,605 | 8,688 | 8,781 | 9,820 | 10,399 |
| Shares Outstanding | 0.1% | 414 | 414 | 414 | 414 | 414 | 422 | 426 | 425 | 425 | 425 | - | 424 | 424 | 424 | - | 423 | 423 | 423 | - | 471 | 486 |
| Minority Interest | - | - | - | - | - | - | - | - | 2.00 | 25.00 | 25.00 | 26.00 | 24.00 | 24.00 | 25.00 | 33.00 | 31.00 | 35.00 | 35.00 | 35.00 | 33.00 | 33.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 690.9% | 455 | -77.00 | -272 | -173 | 358 | 637 | 884 | 1,102 | 1,376 | 1,384 | 1,432 | 1,440 | 1,185 | 1,267 | 1,044 | 922 | 1,062 | 882 | 680 | 1,172 | 783 |
| Share Based Compensation | 0% | 9.00 | 9.00 | 12.00 | 23.00 | 49.00 | 52.00 | 52.00 | 50.00 | 49.00 | 47.00 | 41.00 | 41.00 | 40.00 | 45.00 | 42.00 | 47.00 | 58.00 | 71.00 | 76.00 | 68.00 | 69.00 |
| Cashflow From Investing | 12.0% | -250 | -284 | 343 | 332 | 336 | 345 | -268 | -270 | -245 | -226 | -228 | 17.00 | 26.00 | 756 | 736 | 2,829 | 2,969 | 4,836 | 4,807 | 2,454 | 2,381 |
| Cashflow From Financing | -170.9% | -205 | 289 | -232 | 1.00 | -990 | -1,297 | -1,143 | -1,185 | -1,136 | -971 | -559 | -1,054 | -1,179 | -1,876 | -1,904 | -4,710 | -5,677 | -5,783 | -5,454 | -2,957 | -1,661 |
| Dividend Payments | -17.3% | 316 | 382 | 385 | 388 | 391 | 394 | 394 | 394 | 393 | 393 | 392 | 392 | 393 | 392 | 391 | 728 | 630 | 420 | 435 | 112 | 224 |
| Buy Backs | -100.0% | - | 50.00 | 325 | 325 | 325 | 275 | - | - | - | - | - | - | - | - | - | 3,984 | - | - | 1,507 | 1,366 | - |
NWL Income Statement
2023-06-30CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 2,204 | $ 2,534 | $ 4,009 | $ 4,922 |
| Cost of products sold | 1,575 | 1,698 | 2,898 | 3,346 |
| Gross profit | 629 | 836 | 1,111 | 1,576 |
| Selling, general and administrative expenses | 476 | 504 | 956 | 1,022 |
| Restructuring costs, net | 22 | 4 | 60 | 9 |
| Impairment of goodwill, intangibles and other assets | 11 | 0 | 11 | 0 |
| Operating income | 120 | 328 | 84 | 545 |
| Non-operating expenses: | ||||
| Interest expense, net | 76 | 55 | 144 | 114 |
| Other (income) expense, net | 9 | 21 | 21 | (97) |
| Income (loss) before income taxes | 35 | 252 | (81) | 528 |
| Income tax provision | 17 | 53 | 3 | 101 |
| Net income (loss) | $ 18 | $ 199 | $ (84) | $ 427 |
| Weighted average common shares outstanding: | ||||
| Basic (in shares) | 414.2 | 413.8 | 414.0 | 417.9 |
| Diluted (in shares) | 415.3 | 415.7 | 414.0 | 420.2 |
| Earnings Per Share [Abstract] | ||||
| Basic (in USD per share) | $ 0.04 | $ 0.48 | $ (0.20) | $ 1.02 |
| Diluted (in USD per share) | $ 0.04 | $ 0.48 | $ (0.20) | $ 1.02 |
| Comprehensive income (loss): | ||||
| Net income (loss) | $ 18 | $ 199 | $ (84) | $ 427 |
| Other comprehensive income (loss), net of tax: | ||||
| Foreign currency translation adjustments | (10) | (107) | 8 | (78) |
| Pension and postretirement costs | 0 | 7 | (1) | 12 |
| Derivative financial instruments | (7) | 11 | (17) | 11 |
| Total other comprehensive loss, net of tax | (17) | (89) | (10) | (55) |
| Total comprehensive income (loss) | $ 1 | $ 110 | $ (94) | $ 372 |
NWL Balance Sheet
2023-06-30CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $ 317 | $ 287 |
| Accounts receivable, net | 1,285 | 1,250 |
| Inventories | 1,937 | 2,203 |
| Prepaid expenses and other current assets | 300 | 312 |
| Total current assets | 3,839 | 4,052 |
| Property, plant and equipment, net | 1,207 | 1,184 |
| Operating lease assets | 550 | 578 |
| Goodwill | 3,310 | 3,298 |
| Other intangible assets, net | 2,612 | 2,649 |
| Deferred income taxes | 794 | 810 |
| Other assets | 708 | 691 |
| Total assets | 13,020 | 13,262 |
| Liabilities: | ||
| Accounts payable | 1,013 | 1,062 |
| Accrued compensation | 128 | 123 |
| Other accrued liabilities | 1,322 | 1,272 |
| Short-term debt and current portion of long-term debt | 597 | 621 |
| Total current liabilities | 3,060 | 3,078 |
| Long-term debt | 4,753 | 4,756 |
| Deferred income taxes | 479 | 520 |
| Operating lease liabilities | 482 | 512 |
| Other noncurrent liabilities | 931 | 877 |
| Total liabilities | 9,705 | 9,743 |
| Commitments and contingencies (Footnote 17) | ||
| Stockholders’ equity: | ||
| Preferred stock (10.0 authorized shares, $1.00 par value, no shares issued at June 30, 2023 and December 31, 2022) | 0 | 0 |
| Common stock (800.0 authorized shares, $1.00 par value, 439.5 shares and 438.6 shares issued at June 30, 2023 and December 31, 2022, respectively) | 440 | 439 |
| Treasury stock, at cost (25.3 shares and 25.0 shares at June 30, 2023 and December 31, 2022, respectively) | (627) | (623) |
| Additional paid-in capital | 6,945 | 7,052 |
| Retained deficit | (2,422) | (2,338) |
| Accumulated other comprehensive loss | (1,021) | (1,011) |
| Total stockholders’ equity | 3,315 | 3,519 |
| Total liabilities and stockholders’ equity | $ 13,020 | $ 13,262 |
Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. It operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and home and security, and smoke and carbon monoxide alarms products under the BRK, First Alert, Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands. The Home Appliances segment offers kitchen appliances under the Crock-Pot, Mr. Coffee, Oster, and Sunbeam brands. The Home Solutions segment provides food and home storage; fresh preserving; vacuum sealing; and gourmet cookware, bakeware, cutlery, and home fragrance products under the Ball, Calphalon, Chesapeake Bay Candle, FoodSaver, Rubbermaid, Sistema, WoodWick, and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Graco, NUK, Tigex, Dymo, Elmer's, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Waterman, and X-Acto brands. The Outdoor and Recreation segment provides outdoor and outdoor-related products under the Campingaz, Coleman, Contigo, ExOfficio, and Marmot brands. It serves warehouse clubs, department and drug/grocery stores, mass merchants, home centers, office superstores and supply stores, contract stationers, and distributors, e-commerce, sporting goods, specialty, and travel retailers. The company was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.