Segment Reporting (Tables)

9 Months Ended

Sep. 29, 2019

Segment Reporting [Abstract]

Net revenues by segment

Information by segment and a reconciliation to reported amounts for the quarter and nine month periods ended September 29, 2019 and September 30, 2018 are as follows:

	Quarter Ended
	September 29, 2019				September 30, 2018
Net revenues	External		Affiliate		External	Affiliate
U.S. and Canada	$	898,269	2,535		912,179	2,364
International	561,137		—		560,704	2
Entertainment, Licensing and Digital	115,766		3,849		96,803	4,712
Global Operations  (a)	1		538,817		—	557,049
Corporate and Eliminations (b)	—		(545,201	)	—	(564,127	)
	$	1,575,173	—		1,569,686	—

	Nine Months Ended
	September 29, 2019				September 30, 2018
Net revenues	External		Affiliate		External	Affiliate
U.S. and Canada	$	1,766,649	7,379		1,714,536	7,093
International	1,221,224		186		1,229,093	290
Entertainment, Licensing and Digital	304,266		7,989		246,747	11,378
Global Operations  (a)	81		1,088,860		109	1,152,851
Corporate and Eliminations (b)	—		(1,104,414	)	—	(1,171,612	)
	$	3,292,220	—		3,190,485	—

Operating profit (loss) by segments

	Quarter Ended					Nine Months Ended
Operating profit (loss)	September 29, 2019		September 30, 2018			September 29, 2019		September 30, 2018
U.S. and Canada	$	193,686	$	223,061		$	313,795	$	269,539
International	67,238		66,274			51,410		10,359
Entertainment, Licensing and Digital	24,594		37,113			62,550		76,016
Global Operations (a)	11,074		3,179			6,342		(4,623		)
Corporate and Eliminations  (b)	618		(16,291		)	27,573		(30,786		)
	$	297,210	$	313,336		$	461,670	$	320,505

Total assets by segments

Total assets	September 29, 2019			September 30, 2018		December 30, 2018
U.S. and Canada	$	3,331,125		3,028,291		2,898,816
International	2,394,488			2,323,866		2,229,053
Entertainment, Licensing and Digital	1,031,906			890,526		621,595
Global Operations (a)	3,255,286			4,306,291		3,197,847
Corporate and Eliminations (b)	(4,458,181		)	(5,053,645	)	(3,684,323	)
	$	5,554,624		5,495,329		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 international net revenues by major geographic region

The following table represents consolidated International segment net revenues by major geographic region for the quarters and nine month periods ended September 29, 2019 and September 30, 2018:

	Quarter Ended			Nine Months Ended
	September 29, 2019		September 30, 2018	September 29, 2019		September 30, 2018
Europe	$	319,277	331,353	$	673,728	686,490
Latin America	151,987		145,703	305,106		308,065
Asia Pacific	89,873		83,648	242,390		234,538
Net revenues	$	561,137	560,704	$	1,221,224	1,229,093

Net revenues by product category

The following table presents consolidated net revenues by brand portfolio for the quarters and nine month periods ended September 29, 2019 and September 30, 2018:

	Quarter Ended				Nine Months Ended
	September 29, 2019		September 30, 2018		September 29, 2019		September 30, 2018
Franchise Brands	$	779,659	$	847,745	$	1,749,948	$	1,715,986
Partner Brands	427,029		305,827		812,466		714,424
Hasbro Gaming	232,287		280,832		463,272		520,334
Emerging Brands	136,198		135,282		266,534		239,741
Total	$	1,575,173	$	1,569,686	$	3,292,220	$	3,190,485