Reynolds Consumer Products Inc. REYN Hefty Waste & Clean-Up — Goodwill
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Where this comes from
Reported directly by Reynolds Consumer Products Inc. in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The source filing: Reynolds Consumer Products Inc.’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 9:15 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-050419
As part of the segment reorganization, $803 million of goodwill was reallocated on a relative fair value basis from the previous Hefty Waste & Storage and Presto Products segments to the new Hefty Waste & Clean-Up and Hefty Storage & Organization segments. We performed a goodwill impairment analysis immediately before and after the segment reorganization, and concluded that goodwill was not impaired. The goodwill balances as of June 30, 2026, for Reynolds Cooking & Kitchen Essentials, Hefty Waste & Clean-Up, Hefty Home & Tableware, and Hefty Storage & Organization were $794 million, $520 million, $298 million and $283 million, respectively.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Reynolds Consumer Products Inc.'s hefty waste & clean-up — goodwill?
- Reynolds Consumer Products Inc. (REYN) reported hefty waste & clean-up — goodwill of $520M in Q2 2026.
- What does hefty waste & clean-up — goodwill mean?
- Represents the excess of the purchase price over the fair value of identifiable net assets acquired specifically within the Hefty Waste and Clean-Up business segment. This intangible asset reflects the premium paid for brand recognition, customer loyalty, and market positioning in the waste and storage product category. Monitoring this balance is essential for assessing potential impairment risks related to the segment's long-term competitive advantage.
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