Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting (Thousands of Dollars) [Abstract]

Net revenues by segment

	Quarter Ended
	March 31, 2019				April 1, 2018
Net revenues	External		Affiliate		External		Affiliate
U.S. and Canada	$	357,851		1,849		353,913		2,133
International		282,649		41		287,945		62
Entertainment, Licensing and Digital		91,994		1,974		74,405		3,576
Global Operations (a)		16		229,425		78		253,320
Corporate and Eliminations (b)		-		(233,289)		-		(259,091)
	$	732,510		-		716,341		-

(a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.

(b) Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in Corporate and Eliminations. Allocations of certain expenses related to these assets to the individual operating segments are done at the beginning of the year based on budgeted amounts. Any differences between actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U.S. Dollar to local currency at budgeted rates when recorded. Corporate and Eliminations also includes the elimination of inter-company balance sheet amounts.

Operating profit (loss) by segments

	Quarter Ended
	March 31,		April 1,
Operating profit (loss)	2019		2018
U.S. and Canada	$	13,532		(26,620)
International		(30,411)		(56,088)
Entertainment, Licensing and Digital		30,020		17,143
Global Operations (a)		1,254		2,176
Corporate and Eliminations (b)		21,732		(17,030)
	$	36,127		(80,419)

(a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.

(b) Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in Corporate and Eliminations. Allocations of certain expenses related to these assets to the individual operating segments are done at the beginning of the year based on budgeted amounts. Any differences between actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U.S. Dollar to local currency at budgeted rates when recorded. Corporate and Eliminations also includes the elimination of inter-company balance sheet amounts.

Total assets by segments

	March 31,		April 1,		December 30,
Total assets	2019		2018		2018
U.S. and Canada	$	2,600,873		2,735,206		2,898,816
International		2,019,800		2,033,928		2,229,053
Entertainment, Licensing and Digital		804,288		683,251		621,595
Global Operations (a)		706,701		3,293,265		3,197,847
Corporate and Eliminations (b)		(1,196,889)		(4,016,578)		(3,684,323)
	$	4,934,773		4,729,072		5,262,988

(a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.

(b) Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in Corporate and Eliminations. Allocations of certain expenses related to these assets to the individual operating segments are done at the beginning of the year based on budgeted amounts. Any differences between actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U.S. Dollar to local currency at budgeted rates when recorded. Corporate and Eliminations also includes the elimination of inter-company balance sheet amounts.

Schedule of net revenues by international region

	Quarter Ended
	March 31,		April 1,
	2019		2018
Europe	$	153,379		155,562
Latin America		62,777		65,961
Asia Pacific		66,493		66,422
Net revenues	$	282,649		287,945

Net revenues by product category

	Quarter Ended
	March 31,		April 1,
	2019		2018
Franchise Brands	$	393,574		361,706
Partner Brands		171,989		200,592
Hasbro Gaming		107,565		105,227
Emerging Brands		59,382		48,816
Total	$	732,510		716,341